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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform. billion of purchases made through the Klarna platform. Now we have more cash and money available to invest further in the long term.”. In the first quarter, Klarna notched $18.1

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Bringing The Benefit Of Managed Cloud To Enterprises, With Metacloud

socalTECH

CIOs are wondering if they should jump in, wait for production, or wait for things to mature. That allow enterprise CIOs to jump into OpenStack head first. What is pushing those CIOs to consider private clouds? We''re really excited to see the storage platform grow pretty substantially. That''s what we''re seeing.

CIO 207
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Why Millennials Are Moving to Downtown Cleveland

Tech.Co

Currently, I am the cofounder and CIO of Remesh , which is an AI platform that understands and engages groups of people in conversation in real time. Complion , a regulatory and document management platform for clinical research sites. What’s your role in your ecosystem? Jennifer: Loyalty to the region runs high in Cleveland.

Startup 70
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Interview with David Loo, CEO and Founder of Perspectium

socalTECH

I was a principal engineer facilitating the integration and connectivity of the ServiceNow platform into these other systems. David Loo: Ultimately, at the C-level, the CIO requires data metrics and intelligence, in order to compete and make decisions and take actions to further a company's agenda. That's how we started.

SaaS 113
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ZunguZ Facebook Payment Application | Interview With The Founder Robert Sussman

Tech Zulu Event

ZunguZ is a global social payment platform that integrates deeply into the social graph of Facebook and financial service providers. We may keep the platform with the name ZunguZ and look for a client facing name for the application. Omidyar Networks – head of investment. What is Zunguz? Why the name? The name just stuck!

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Want to Start a Technology Company in LA?

Both Sides of the Table

It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. LA generally doesn’t have an appetite for this kind of investment at early stages. LA investors are more pragmatic.

Company 290
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. LA generally doesn’t have an appetite for this kind of ‘swing-for-the-fences’ investment at early stages – and neither does your town. There are no $600 million funds in Los Angeles.