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Snapchat, R/GA Partner For New Startup Accelerator

socalTECH

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. ,

Snapchat 100
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Wave.tv Snags $32M For Sports Media

socalTECH

Los Angeles-based Wave.tv , a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The company said the funding will go to expand its portfolio of media brands.

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SV Angel's David Lee Resigns To Spend More Time In LA

socalTECH

Venture capitalist David Lee , who was Managing Partner of seed and angel investing fund SV Angel , one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. READ MORE>>.

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Infographic: Over $1B Raised in 2013 by Los Angeles Startups

Tech Zulu Event

Snapchat, the messaging pioneer leads the charge with a staggering $123 million raised (and a valuation of $3-4 billion) even amongst a strange series of uncertainty surrounding their denial of Facebook’s $3 billion cash offer and security leaks. Originally posted by the good people at Built In Los Angeles.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

Snap invests $150,000 in each Yellow startup for an equity stake, and while the program does not require batch participants to integrate with Snap’s services, the company has used the program to invest in strategic areas that it has also pushed on the product side. making their way to Los Angeles. ”

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Here's Who Is Funding Companies In Southern California Today

socalTECH

Here are the venture firms who have been most active in SoCal (Santa Babrara - Los Angeles - Orange County - San Diego) in the last twelve months, based on the number of deals: 1. Most recent investments: Ring, Flipagram, Snapchat. Upfront Partners - 11 deals. Most recent investments: GOAT, cloudvirga, Vemba, LootCrate, Invoca.

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Southern California Venture Investments Top $1.3 Billion In Q4

socalTECH

billion in investments in Los Angeles, near $125M in Orange County, and $106.6M The numbers in Southern California were significantly helped by two, mega-funding deals in Los Angeles, including $485.6M raised by SnapChat , and $320M in an investment in NantHealth. Venture capitalists invested more than $1.3 READ MORE>>.