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Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

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.

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. Changes in the Startup Ecosystem. Open source computing, which reduced costs to start a company by 90%.

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Saltbox raises $10.6M to help booming e-commerce stores store their goods

TechCrunch LA

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. There are no leases and tenants have the flexibility to scale up or down based on their needs.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

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TX Zhuo Talks About LA's Newest Venture Fund, Karlin Ventures

socalTECH

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.

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ventureLab Takes On Startup Incubation

socalTECH

Los Angeles-based ventureLab Growth Partners said Tuesday afternoon that it has launched a new "startup studio" to invest in and build early stage startups. The new startup studio is led by Mike Prasad. According to ventureLab, it will provide seed funding, along with product, marketing, and opertional support to its companies.

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Global Village Concerns Gets Debt Funding For E-commerce Platform

socalTECH

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.