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Parchment Acquired By Brentwood Associates

socalTECH

Parchment , a company which provided records management, transcripts, grades, and other information for the K-12 and other markets--and which has its roots in the LA area--has been acquired by Brentwood Associates. Financial terms of the acquisition were not announced.

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Welcome Technologies Secures $8 Million

L.A. Business Journal

Welcome Technologies, a Brentwood-based software technology company, raised an additional $8 million in institutional funding.

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Vetted Finds $3.47M For In-Home, On-Demand Pet Care In LA

socalTECH

Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The funding came from Foundation Capital, Amplify LA, Sterling.VC, and ReImagined Ventures. READ MORE>>.

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Wheels, Started By Founders of Wag, Comes To LA

socalTECH

Wheels , a new startup from the co-founders of Wag , announced this morning that the company has started offering up access to its electric powered, two wheel bicycles in Los Angeles, as it expands from its base in San Diego. So far, the company has raised $37M in total funding. READ MORE>>.

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Rinse Opens On-Demand Dry Cleaning In LA

socalTECH

funding round. The company offers up many features familiar to on-demand app users, including emailed photos of your items and SMS pick up and scheduling. Names of the seed investors in the company were not announced. The company is led by Ajay Prakash. READ MORE>>.

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Apriso Wins Boston-Power

socalTECH

Both Boston-Power and Apriso are venture backed companies, with Boston-Power backed by Foundation Asset Management, Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. Apriso is funded by Brentwood Venture Capital, CMEA Capital, LogiSpring, SAP Ventures and Wall Street Technology Partners LP.

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Reflections on 2020: Greg Martin, Archer Venture Capital

socalTECH

What was the biggest news for you/your company this year? It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment? COVID-19 and our broader social awakening created a fire drill for companies to adapt, in short order, to a truly new and highly disruptive reality.