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Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Read More.
E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. We became aware of the lack of physical workspace for SMBs engaged in commerce,” Scriven told TechCrunch. “If
San Diego-based Global Village Concerns , which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. Size of the funding was not announced. Details on the terms of the debt were not announced.
As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry.
In one more example of why Southern California has become a hotbed for new, technology-based startups, a group of local Benedictine monks in Valyermo--just north of Los Angeles near Palmdale--apparently has its own, hot e-commerce startup, MonksInk.com. Monks are better known for selling things like beer , cheese , and honey. READ MORE>>.
Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Bohnett is the founder of Geocities.com.
Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House.
Los Angeles-based celebrity e-commerce startup Moonfrye , led by TV''s former Punky Brewster, Soleil Moon Frye, disclosed last night that it has raised $1.1M more in an extension of an earlier funding round. The funding came via AngelList. READ MORE>>.
However, the recent surge in startup activity has attracted a lot more capital into the area, including a significant amount of capital from LA's latest fund: Karlin Ventures (www.karlinvc.com). TX Zhuo: Karlin Ventures is an early stage venture fund based in LA. We're a very new fund, but are aggressive and like to hustle.
Warby Parker filing to IPO last week was one more sign that direct-to-consumer (DTC) is an extremely powerful e-commerce trend. At the time, it was doing Facebook media buying for e-commerce companies. What we’ve grown into is a one-stop shop for DTC e-commerce companies: We manage all the channels that a DTC brand needs.
Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital.
Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M in a Series B funding round. The funding was led by private equity firm NewSpring Growth. The company is also backed by Neiman Marcus. FASHIONPHILE was founded in 1999. READ MORE>>.
the startup incubator headed by Mike Jones, has just tossed its ring into the another e-commerce category: women's activewear. The firm aid this morning that it has raised $2M in a funding round from Trinity Ventures, Rustic Canyon Partners, and Blumberg Capital. Science, Inc.,
in a new, Series C funding, the company said this morning. According to Tealium, the new funding comes from Tenaya Capital, Battery Ventures and Presidio Ventures. The new funding brings the company's total raised to $27M. The firm did not disclose actual financial details of that increase, however.
Los Angeles-based mobile security and authentication provider Telesign has raised some funding from Australian telecom provider Telstra , Telstra said last night, as part of an expansion by TeleSign into the Asia Pacific Region. Financial terms of the investment were not disclosed. TeleSign recently announced a $40M investment round.
Los Angeles-based Sidevision (www.sidevision.com) has developed a set of tools--aimed at content creators, multi-channel networks (MCNs), and others--to help connect online videos with e-commerce. Justin Wu: We''re looking to raise a seed round of funding, of $1.2 as part of that company''s Warner Media Camp accelerator.
Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. In addition to the funding, Good Eggs is also announcing that it has hired Vineet Mehra as its chief growth and customer experience officer.
Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon.
We spoke with Ann Wang , co-founder of Enrou, to learn more about how the company wants to help tie together the world of e-commerce and worthy causes to help improve the world. They were doing great work, but they had no e-commerce or marketing team to get them out there. What is Enrou? How do you work with those organizations?
Let’s help get their funding get finalized or the company sold if it’s already in play. And VCs scrambled to raise their own funds. So I encouraged entrepreneurs to think about raising their funds as quickly as they could because. Fundings boomed. Let’s review all of our existing investments. Depressing.
Although maybe not all of the startups at the event might go on to get funding, an entire group of potential startup founders in the audience realize that they, too, have a shot at starting something and getting a chance to take it to the next level. Standing room only crowd at StartEngine). It's unclear.
Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. READ MORE>>.
San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm says it has been investing in China for more than 10 years.
We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Fund size: $100M fund.
Los Angeles-based FastPay , which provides specialized line of credit to online publishers, e-commerce companies, videogame companies, and other digital media companies, reports this morning that it has placed over $100M in funding to over 100 customers since its launch in 2010.
SRCH2 announced today that it has raised a round of funding, and launched its efforts to provide those next-generation search capabilities to enterprises. Size of the funding round was not announced. Waxman is the co-founder of Firefly Networks, PeoplePC and SpotRunner. READ MORE>>.
Online, eco-family products company The Honest Company , started by celebrity Jessica Alba and Los Angeles e-commerce master Brian Lee, said late Friday that it has raised $27M in funding. The funding was led by General Catalyst, Lightspeed Venture Partners and Institutional Venture Partners (IVP). READ MORE>>.
Linktree leads the space, securing a recent $45 million Series B raise to build out e-commerce features, but Beacons boasts competitive creator monetization tools with just a $6 million seed round in May. Linktree has been around since 2016 and has more funding than its up-and-coming competitors. With its $5.5
Los Angeles-based Lumi , which provides the fancy, custom packaging you might see from MeUndies or FabFitFun, has raised $9M in a Series A funding, the company said on Wednesday. According to Lumi, the funding round was led by Spark Capital, Forerunner Ventures, and Homebrew. Lumi was founded by Jesse Genet and Stephan Ango.
Los Angeles-based Dollar Shave Club , the subscription e-commerce startup led by Michael Dubin, has raised $50M in a Series C funding round, the company disclosed this morning. The funding came from Technology Crossover Ventures. in total funding. Shasta Ventures, and Venrock Associates. READ MORE>>.
According to ventureLab, it will provide seed funding, along with product, marketing, and opertional support to its companies. The company did not say how much funding it intends to provide to startups. The studio also said it will be expanding in the future to include digital health and app-driven commerce. READ MORE>>.
San Diego-based GovX , which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. in combined Series A and B funding. The funding was led by Alestra Ltd. The funding was led by Alestra Ltd. The company says it has now raised $21M in funding. READ MORE>>.
Unconfirmed reports place the funding at $75M, at $19.60 it will use the funding to shift from e-commerce to become "omni-channel" and to support its global expansion plans. The round was led by Fidelity Management & Research Company, along with others. According to Honest Co., The Honest Co.
Los Angeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equity funding, from private equity investor Great Hill Partners. According to Sugarfina, the new funding will go towards further developing its e-commerce and mobile platforms, as well as international expansion.
million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. The company raised $5 million in equity last November from Equal Ventures and Eniac to give it $28 million in total equity and debt funding. Last week, Syrup Tech raised $6.3
Los Angeles-based VYRNT, a startup developing an e-commerce platform for NTFs, says it has raised $1.5M in an initial funding. The company said the funding came from Jaycen Joshua (owner of Canton House Studios), and Steve Miller, (co-founder of Anomaly Create).
I like to boil down the overwhelming majority of what we do on the web to just three primary activities, which I call the three C’s: Content, Commerce & Communications. It was always more likely that auto industry commerce prowess would come from LA or Detroit. But what is it we actually DO on the Internet?
Los Angeles-based e-commerce fashion brand NastyGal has filed for bankruptcy, after failing to find additional funding-- even after news of a "cram down" round in October. According to the company, founded by Sophia Amoruso, it filed for Chapter 11 bankruptcy on Wednesday. READ MORE>>.
How do you capture the interest of male users, and not only capture their eyeballs--but drive some e-commerce revenues? Tapiture said it will be using the new funds to expand its engineering team, and further development of its mobile apps. The firm said the new funds come from un-named, angel investors. READ MORE>>.
San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding. The funding round came from Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures. READ MORE>>.
It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. www.watertowerventures.com) Fund size: $5M. Fund size: $40M.
Rakuten , the Japanese e-commmerce giant which owns Aliso Viejo-based e-commerce site Buy.com , has just grabbed a stake in up-and-coming Internet sharing site Pinterest , according to reports today. READ MORE>>.
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