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Yammer Bails On Los Angeles, Heading To Silicon Valley

socalTECH

West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. Sacks said that Geni, which spun out Yammer, remains in West Hollywood. Sacks said that Geni, which spun out Yammer, remains in West Hollywood.

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Pearl, the healthcare spinout from LA-based AI startup, GumGum, raises $11 million

TechCrunch LA

GumGum , the Los Angeles-based startup that’s spent the past decade applying machine learning technologies to advertising and sports, has spun out a new healthcare startup focused on the dental industry called Pearl. “I started the process of collecting dental x-rays over three years ago.”

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CapLinked, Startup America Tie On Startup Fundraising

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Los Angeles-based CapLinked , which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. According to CapLinked, it will make its premium capital raising and investor reporting tools available to the more than 8,500 startups enrolled with Startup America.

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Pearl Picks Up $11M To Apply AI Vision To Dental Industry

socalTECH

Los Angeles-based Pearl , the machine learning startup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors. Craft Ventures is the investment firm run by former Yammer founder, David Sacks. READ MORE>>.

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Cross Campus Plans Expansion Into Pasadena

socalTECH

Los Angeles-based coworking space operator Cross Campus said Tuesday that it is planning an expansion, and will be opening up a new location in Pasadena. Cross Campus said the new location is owned by Rising Realty Partners (RRP) and technology entrepreneur David Sacks, who was the CEO of Yammer and was the COO of PayPal.

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Calacanis Backs 15Five

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Jason Calacanis , the Los Angeles angel investor, podcast host, speaker, conference organizer, and CEO of Mahalo , is one of the angel investors in employee feedback firm 15Five. READ MORE>>.

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Pocket Change Finds More Funding

socalTECH

A virtual currently startup, Pocket Change , with links to Southern California has just raised $5M more in funding. The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer.

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