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L.A.’s NuOrder Closes on $15M Investment to Grow B2B Platform Between Businesses

L.A. Business Journal

Los Angeles-based NuOrder, a B2B wholesale e-commerce platform, closed on a $15 million Series C financing round, led by Radnor, Pa.-based based venture capital firm NewSpring and joined by existing investors Upfront Ventures of Santa Monica and Argentum of New York City.

Platform 100
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Upfront Ventures Leads $14M MetaCX Funding Round

L.A. Business Journal

Early-stage venture capital investor Upfront Ventures, based in Santa Monica, led a $14 million investment round for MetaCx, an Indianapolis-headquartered developer of e-commerce management software.

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Grow Credit Adds New Investor

socalTECH

Santa Monica-based Grow Credit , a fintech startup which provides small dollar loans and helps consumers establish their credit record through paying for online subscriptions, says it has added a new investor, Commerce Ventures. Size of the investment was not announced.

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TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

Outsource 100
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Happy Returns Raises $11M, Gets Strategic Backing From PayPal

socalTECH

Santa Monica-based Happy Returns , the returns logistics company led by David Sobie, announced this morning that it has raised $11M in a financing round, which included a strategic investment from PayPal. Prior investors U.S. Venture Partners and Upfront Ventures also participated in the funding.

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Ouya Wins $10M From Alibaba, Eyes China

socalTECH

Santa Monica-based game console developer Ouya has just scored $10M in an investment round from Chinese e-commerce giant Alibaba , as part of an effort to take the company''s technology to China, according to a report citing people familiar with the matter. Ouya''s game console leverages the Android operating system.

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ShoeDazzle Raises $6.0M In New Funding

socalTECH

Santa Monica-based ShoeDazzle , the online e-commerce and celebrity site that is back in the hands of Brian Lee, and whose co-founders include Kim Kardashian, has raised $6.0M Details on the funding have not been announced by the company, and it's unclear from the filing on the exact structure of the investment.

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