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Los Angeles-based DollarShaveClub said this morning that it has raised $1M in a funding round, led by Kleiner Perkins and Forerunner Ventures, and also including Andreesen Horowitz, Shasta Ventures, and Felicis Ventures, along with angels Shevin Pishevar, Dennis Phelps, and David Hornig.
The latest startup out of Los Angeles-based startup studio/incubator Science, Inc. follows the subscription and fashion theme of the incubator's prior ventures; Science Inc.--headed headed by former MySpace CEO Mike Jones--is also behind such services as Wittlebee, DollarShaveClub, and Uncovet.
Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M The startup was started by Dave Fink (CEO and co-founder of Postie) and Jonathan Neddenriep (CTO and co-founder), who both previously were at startup studio and incubator Science Inc.,
Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).
Los Angeles investor Mark Suster, a general partner with Upfront Ventures , has been beating the drum for Los Angeles as a new tech hub for a while — and billion dollar exits for Ring and DollarShaveClub, in addition to the public offering for Snap, lend credence to his position.
Michael Dubin, Founder and CEO, DollarShaveClub. Los Angeles is fertile ground for entrepreneursespecially for those bold enough to toss conventional wisdom out the window. An important part of the changing tech-paradigm involves Silicon Beachs continued ascendance as a startup incubator.
Los Angeles based startup incubator/studio Science --which is behind such local startups as DollarShaveClub and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. According to Fortune, the funding came from private equity investor Silver Lake Waterman. READ MORE>>.
Michael has been behind such companies as HelloSociety (acquired by New York Times), FameBit (acquired by Google) and DollarShaveClub (acquired by Unilever). He is Los Angeles's most active angel investor with more than $2.5B Today, we have a contribution from Michael Jones , the CEO of Science Inc.
Los Angeles-based Science Inc. The company's other acquisitions included the $1 billion acquisition of DollarShaveClub by Unilever, and the acquisition of HelloSociety by the New York Times. This is your third exit this year, including DollarShaveClub and HelloSociety.
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