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Boosted Commerce Finds $87M, Acquires Amazon Fulfillment Companies

socalTECH

Los Angeles-based Boosted Commerce announced on Thursday that it has raised $87M, and acquired six different companies in the business of Amazon fulfillment. According to Boosted Commerce, it plans to acquire and develop 100, e-commerce brands over the next four years. READ MORE>>.

Commerce 124
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MaC Venture Capital Launches $103M Seed Fund

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Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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3L Capital Raises $217M For New Investments

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Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. Colo co-founded the firm with Dave Leyrer (Nexus Group, Boulevard Capital Management) and Kerry Kellogg (RSE Ventures).

Invest 124
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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Serena Williams’ next act in venture capital is essential in this moment.

Equity 299
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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. billion valuation from Lone Pine Capital, Sequoia, Forerunner Ventures and others.

CTO Hire 197
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TabJuice Takes On Facebook E-Commerce

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San Diego-based TabJuice , a new startup aimed at social e-commerce, said today it has launched a new, Facebook e-commerce application. Christopher Capital, and headed by Dylan Whitman, who also heads up CheapSally.com and digital marketing agency Flank Digital. The firm is backed by J.

Commerce 213
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LA, and Southern California's Surge In Venture Capital Funds

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Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness. Core Innovation Capital. Moonshots Capital. Fund size: $100M fund. www.corevc.com. Fund size: $100M fund. HashTagOne. hashtagone.com.