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Privlo Gets $350M In Debt For Technology Driven Mortgage Loans

socalTECH

The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is in the midst of moving from Culver City to Pasadena. privlo mortgage loan venture capital equity realestate marketplace online' The company is led by Michael Slavin. READ MORE>>.

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Miso Robotics Seeks $40M More Via Crowdfunding

socalTECH

Pasadena-based robot developer Miso Robotics, which develops kitchen assistance robots, says it is looking to raise another $40M more via crowdfunding, after just completing $50M in an equity crowdfunding push. The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort.

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Bill Gross Backs Startup Idea Marketplace IdeaMarket

socalTECH

According to the startup--which is based in San Francisco--it will let participants in the process share in equity and other profits from those companies. All of those ideas have a pre-commited amount of capital from investors willing to back those ideas. ideamarket venture capital idealab marketplace' READ MORE>>.

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MindBody Raises $50M

socalTECH

The company--which develops software-as-a-service which helps local businesses manage scheduling, staff management, point of sale, ecommerce, marketing, and more--said the funding came from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. Speaking onstage at the Upfront Summit, an event at the Rose Bowl in Pasadena, Calif.

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MobLab Finds Funding For Personalized Learning

socalTECH

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital. Size of the investment in MobLab was not announced.

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Arcturus Get Exit At Pliant

socalTECH

Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. SanDisk is a major manufacturer of flash memory.

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