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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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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

Need a way to get around Los Angeles, but just can't handle those scooters? 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. READ MORE>>.

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Rinse Opens On-Demand Dry Cleaning In LA

socalTECH

Rinse , a San Francisco-based on-demand dry cleaning and laundry service, said Thursday that it is expanding it service to Los Angeles, after raising a $3.5M 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.

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

He co-founded a prominent accelerator in Los Angeles called MuckerLab , that has produced a number of impressive companies and he mentored more than 20 of them. So I began talking to him about joining the fund. It was perfect timing since in 2012 GRP raised its fourth fund bringing our total assets managed to nearly $1 billion.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. We can also write checks as large as $35M out of the Omega Fund.

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Interview with Jonathan Zweig, AppOnboard

socalTECH

Our interview this morning is with Jonathan Zweig , the CEO of Los Angeles-based AppOnboard (www.apponboard.com), which has created software which allows mobile app developers--and in particular, mobile game developers--to create demos of those games which can be played without having to download and install those apps.

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