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Genies Finds $65M For NFT Avatars

socalTECH

Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week.

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Yammer Dwarfs Parent Geni In Fundraising Round

socalTECH

In the case of the kid getting much (much) larger than its parent, Yammer , the one time spinout of Los Angeles-based genealogy and family tree website Geni , has now squarely out-raised venture capital than its parent firm, saying Wednesday that it has raised an $85M funding round. in funding. READ MORE>>.

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Comparably.com, Led By Jason Nazar, Raises $6.5M For Pay Transparency, Culture

socalTECH

The funding round was led by Crosslink Capital and also included Upfront Ventures, Lowercase Capital, Alpha Edison, Crosscut Ventures, Ludlow Ventures, Cornerstone OnDemand, 500Startups, Pritzker Group, Rincon Venture Partners, Accelerator Ventures, BAM Ventures and David Sacks. READ MORE>>.

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Pocket Change Finds More Funding

socalTECH

The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer. and Kamran Pourzanjani, who founded Pricegrabber.

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The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

TechCrunch LA

It’s less well-known that the company is backed by some of the biggest names in venture capital investment — firms like Sequoia Capital. It feels like we’re not going to put the genie back in the bottle, so we’ve got to learn how to leverage these tools in positive ways.

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Crew32, Led By Jason Nazar, Gets $5.2M In Funding Round

socalTECH

Santa Monica-based Crew32 , a stealth startup founded by Docstoc founder Jason Nazar, Betterworks, Geni, and Yammer co-founder George Ishii, and InvestedIn and MySpace co-founder Yadid Ramot, has raised $5.2M, as part of an ongoing $6.0M funding round, according to a regulatory filing by the firm on Thursday.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

Bain Capital Ventures' Jamison Hill. We are in phase three of the influencer economy,” Bain Capital Ventures senior principal Jamison Hill, who led the firm’s investment in the influencer shoutout marketplace Cameo , tells TechCrunch. Another company, Tribe , has similarly raised VC to grow its American footprint.

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