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Tapcart Takes $50M For Mobile Commerce

socalTECH

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.

Commerce 113
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LA's Q3 2018 Seed Deals Steady, Says Report

socalTECH

Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology. The group says its tracking found that the average seed round size was $2.2M for the quarter.

Report 133
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Three LA Companies Selected For Commerce.Innovated Accelerator

socalTECH

SVB and Mastercard said it selected six startups for its Commerce.Innovated virtual accelerator, which is aimed at helping commerce, payments and fintech startups grow their businesses, including Santa Monica's Domuso , Santa Monica-based Earny , and Burbank-based Papaya. READ MORE>>.

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TeleSign Names New CEO

socalTECH

Los Angeles-based mobile security and identity services provider TeleSign said Wednesday morning that it has named Aled Miles as the company's new CEO. Miles also served at GM and ForgeRock. Miles also served at GM and ForgeRock. READ MORE>>.

Symantec 100
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Interview with Jon Waterman, Founder and CEO of Ad.net

socalTECH

That product right now is on 2,000 publisher websites, it's sold under the SaaS model, and a lot of people on the free, ad-supported version. There have been changes in how people search, such as mobile devices. As mobile phones have become increasingly more usable, in a productive manner, we've seen more and more mobile traffic.

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SoCal's Big New Crop Of Venture Investors And Funds

socalTECH

Managing Director: Derek Norton Investment interests: Connected consumer, Internet infrastructure, next generation e-commerce, digital media, gaming, augmented reality, artificial intelligence, consumer Internet, and some ad tech. Watertower Ventures. www.watertowerventures.com) Fund size: $5M. Fika Ventures. Fund size: $40M. greycroft.com.

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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Managing Director: Kelly Perdew Investment interests: Direct to consumer and consumer focused Internet, Saas, video, mobile, mobility, transportation, and in particular founders with a military background. Watertower Ventures. www.watertowerventures.com) Fund size: $5M.