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Bombd , a startup which develops a socialnetworking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S., READ MORE>>.
Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging socialnetworking'
Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. snapchat yahoo investment venture capital valuation socialnetworking' READ MORE>>. snapchat yahoo investment venture capital valuation socialnetworking'
Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the socialnetworking site. Shapiro was the former founder of Veoh Networks and head of MySpace Music. READ MORE>>.
A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. snapchat legal lawsuit socialnetworking mobile'
Venice, California-based Viddy , a new startup developing mobile video tools, said today that it has raised $1.6M Viddy said it has launched an app which runs on iPhone, iPad, and iPod Touch which allows consumers to capture videos, stylize and edit those clips, and share them on a Twitter-style timeline across socialnetworks.
Venice-based Viddy , the developer of a mobile app used to share videos over socialnetworks, has added a number of celebrities to its list of investors.
Clapit is the second, Australian startup to set up shop in Los Angeles in the last few days; another, socialnetworking app maker from Australia, Bombd, just announced this week that it had set up in Venice Beach. Bedwell, Mary Jane Bulseco and Stan Tsvirko. READ MORE>>.
Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information.
Each day Doppels will let you know whose birthday it is within your socialnetwork or local area and offer you a wish, gift or text option. I chose Venice, California as a great breeding ground for this tool to help all the local businesses,” said Hagger. How great is that?! Big brands are also heading for Doppels.
Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.
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