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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. Of course, there are thousands of other companies that don’t achieve their minimum goal, requiring all contributions to be returned. Donation good-cause model.

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Clearlake Capital Backs MetricStream In $65M Funding Round

socalTECH

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. MetricStream is based in Palo Alto, California.

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Pragma is a back-end toolkit for gaming companies, so game developers can focus on games

TechCrunch LA

Well, now those development studios can turn to Pragma , which is building the back-end toolkit for gaming companies so their developers can focus on what they do best — making games. In a way it’s a complement to the front-end game engines from companies like Epic, the creator of Fortnite.

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FastPay Tops $100M In Funding To Customers

socalTECH

Los Angeles-based FastPay , which provides specialized line of credit to online publishers, e-commerce companies, videogame companies, and other digital media companies, reports this morning that it has placed over $100M in funding to over 100 customers since its launch in 2010.

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Triller Seeking To Go Public Via SPAC, Says Report

socalTECH

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. administration to force a sale by its Chinese parent company, ByteDance. READ MORE>>.

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Vinny Smith's Toba Capital Backs Sauce Labs

socalTECH

Vinny Smith , the former CEO of Orange County''s Quest Software, has backed a developer of web and mobile application development, via his investment firm, Toba Capital. READ MORE>>. software quest smith vinny toba integration continuous mobile capital venture labs sauce'

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Webalo Scores $3M For Mobile Enterprise Apps

socalTECH

Los Angeles-based Webalo , a company which provides mobile application development tools, said this afternoon that it has raised $3M in a new funding round. The funding came from new and existing investors, including J.L. Easton Ventures, Balch Hill Capital, and others. READ MORE>>.

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