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TrackStreet Takes $2M For E-Commerce Monitoring

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Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.

Commerce 124
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SmartLabs Acquired By Richmond Capital Partners, Raises $7.3M

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Irvine-based SmartLabs , the parent company of smart home controller brand Insteon and home automation e-commerce site Smarthome , has been acquired by private investment firm Richmond Capital Partners. Financial terms of the acquisition were not announced, however, Richmond Capital Partners said it is investing $7.3M

Capital 124
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GovX Gets $11.5M For E-Commerce Efforts

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San Diego-based GovX , which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. annd Arbor Group, along with Star Avenue Capital, Seth Hamot (SPY Optic and Roark, Rearden & Hamot Capital Management), and Philip McConkey. in combined Series A and B funding. READ MORE>>.

Commerce 100
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Shopatron Powers Sabian e-Commerce Efforts

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San Luis Obispo-based Shopatron , the developer of e-commerce software and storefronts, reported today that it is powering a new, e-commerce site for cymbal manufacturer Sabian. Shopatron is headed by Ed Stevens and is venture backed by Kern Whelan Capital and Rivenrock Capital. READ MORE>>.

Commerce 133
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Celebrity E-Commerce Spreads To Silicon Valley With FabKids

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It looks like the trend--started in Los Angeles--to partner celebrity with e-commerce has spread to Silicon Valley. A San Francisco startup, Personalized Retailing, is joining the dozens of Los Angeles celebrity-with-e-commerce-subscription startups, saying today that it has raised $2.6M

Commerce 150
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Kajabi Collects Massive $550M Round

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Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity.

Commerce 113
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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

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BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M. TeleSign was venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp. READ MORE>>.