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ChowNow Names IPO Investment Banker As CFO

socalTECH

Los Angeles-based ChowNow, which develops software to manage online ordering and marketing for restaurants, has named a new CFO. Mancl was previously an investment banker, having previously been at Credit Suisse, where he served as the Global co-head of Internet Investment Banking.

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LegalZoom Adds Kleiner, IVP As Investors

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Glendale-based LegalZoom said last week that it has added Institutional Venture Partners and Kleiner Perkins Caufield & Byers as investors in the firm. No details on the investment were disclosed. LegalZoom said it now has more than 500 employees and has served more than 1 million customers. READ MORE>>.

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Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Defy , the early-stage venture investment firm founded by Neil Sequeira and Trae Vassallo, is putting a new twist on the venture partner model as it brings Brian Lee and Sujal Patel on board to help out with investing and guiding companies in the firm’s portfolio. Just don’t call them venture partners. million round.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Last year, the investment firm expanded with a $1.7 shortly before 10 a.m. You will be missed, @kobebryant.

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NZXT Gets $100M For Gaming PCs

socalTECH

City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners.

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Bryant Stibel's Kobe Bryant Dies In Helicopter Crash

socalTECH

Kobe Bryant , the basketball legend who also was one half of Los Angeles private equity investment firm Bryant Stibel , is dead at the age of 41, after a tragic helicopter crash in Calabasas took his life, the life of one of his daughters, and seven others.

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Jaanuu Finds New Funding

socalTECH

El Segundo-based medical apparel company Jaanuu , the venture-backed startup led by Shaan Sethi, said it has received a new, strategic investment round today. Size of the investment was not announced. Jaanuu said the new funding will go towards expansion into new apparel categories and senior level staffing hires.