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ServiceTitan Secures $165M From Venture Capital Group to Expand

L.A. Business Journal

Glendale-based ServiceTitan Inc. has secured $165 million in funding from a venture capital group to build out its home services software firm through acquisitions and moves into new markets.

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Everbridge Wins Nation's Capital

socalTECH

Glendale-based emergency communications and notifications provider Everbridge has scored a major win in the the nation''s capital, saying that it has been selected by the National Capital Region (NCR) to deliver emergency notifications, communications, and related services across the Metropolitan Washington, D.C.,

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The city of Glendale, Calif. Both programmers, the two reconnected after doing stints as custom developers during and after college, and then when they were developing tools for their families’ businesses as residential contractors in the Los Angeles suburb of Glendale. “Silicon Beach” this ain’t.

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LegalZoom Files For IPO

socalTECH

Glendale-based online legal documents marketplace LegalZoom filed for an IPO Friday, saying that it is looking to raise up to $120M on the New York Stock Exchange as "LGZ". The firm's IPO is being underwritten by Morgan Stanley, BofA Merrill Lynch, Stifel Nicolaus Weisel, RBC Capital Markets, William Blair, and Montgomery & Co.

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Gamblit Gaming Gets $12M For Gambling Software

socalTECH

Glendale-based Gamblit Gaming , a developer of software which makes it easier for videogame developers to adapt their software for real-money gaming, has raised $12M in funding. The funding came from American Capital. capital venture game videogame software gambling gaming gamblit' READ MORE>>.

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MediaShift Buys Travora

socalTECH

Glendale-based MediaShift , a newly formed online advertising company, said today that it has acquired travel advertising network Travora Media. Glendale-based MediaShift (currently operating as OTCBB traded JMG Exploration), is in the midst of a reverse merger with shell company JMG Exploration. READ MORE>>.

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. Local capital matters. I think government and community members need to understand that capital formation is an incredibly important part of economic revival. Local mentors matter.

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