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Snapchat, R/GA Partner For New Startup Accelerator

socalTECH

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. ,

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Wave.tv Snags $32M For Sports Media

socalTECH

Los Angeles-based Wave.tv , a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The funding--which included both equity and debt--was led by CoVenture and GPS Partners, and also included existing investor Golden Ventures and Sweet Capital.

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SV Angel's David Lee Resigns To Spend More Time In LA

socalTECH

It's unclear if Lee will be joining one of LA's venture capital or private equity investors, but any such move by Lee would bring some serious new investment firepower and connections to the local venture market. SV Angel has been an early investor in such unicorns as Airbnb, Dropbox, Snapchat, and Pinterest.

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Southern California Venture Investments Top $1.3 Billion In Q4

socalTECH

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. raised by SnapChat , and $320M in an investment in NantHealth.

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Here's Who Is Funding Companies In Southern California Today

socalTECH

It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Most recent investments: Ring, Flipagram, Snapchat. Crosscut Ventures 6 deals. READ MORE>>.

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Infographic: Over $1B Raised in 2013 by Los Angeles Startups

Tech Zulu Event

Snapchat, the messaging pioneer leads the charge with a staggering $123 million raised (and a valuation of $3-4 billion) even amongst a strange series of uncertainty surrounding their denial of Facebook’s $3 billion cash offer and security leaks. Originally posted by the good people at Built In Los Angeles.

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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

Some of the most well-known include Uber, Airbnb, Snapchat, Xiaomi, and Pinterest. Based on some good estimates of how many new ventures have been started in the last five years, the statistical odds of any individual startup making it to this level are less than one in a million. These are popularly called “unicorns.”

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