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Platform Science Wins Driving Fleet

socalTECH

San Diego-based connected vehicle platform developer Platform Science said it has scored a win with truckload carrier and brokerages services provider Paper Transport. Platform Science said Paper Transport's entire fleet will be covered by its technology. Financial details of the win were not announced.

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Cloudbreak Health Finds $10M For Telemedicine Platform

socalTECH

Los Angeles-based Cloudbreak Health , which develops a platform used for telemedicine efforts, has raised $10M in an investment round, the company announced this morning. According to the company, the funding came from Columbia Partners Private Capital.

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GoSite Finds $40M For Small Business Services

socalTECH

San Diego-based GoSite , which operates an online platform to help small businesses bring their business online, has raised $40M in a Series B funding round, the company announced this morning. The funding was led by Left Lane Capital, and also included Longley Capital, Cove Fund, Stage 2, Ankona Capital and Serra Ventures.

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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. But to be clear, it does not own properties itself.). “It has always lagged hotels by a wide margin.

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SoftBank bets big on a ‘digital Ellis Island’

TechCrunch LA

Welcome Tech , which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s Today, Welcome’s platform is approaching 3 million active users, according to co-founder and CEO Amir Hemmat.

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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

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LogicBoost Puts $200K, Services Into Clarevent

socalTECH

The company said the investment was $200K in cash, plus another $100K in advisory services. The companies said that Clarevent provides a hosted, highly reliable and scalable embedded video solution for virtual and hybrid event platforms.

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