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MaC Venture Capital Launches $103M Seed Fund

socalTECH

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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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. We became aware of the lack of physical workspace for SMBs engaged in commerce,” Scriven told TechCrunch. “If

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

TechCrunch LA

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. .” “The third piece is a developer ecosystem,” Evans said.

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Boosted Commerce Finds $87M, Acquires Amazon Fulfillment Companies

socalTECH

Los Angeles-based Boosted Commerce announced on Thursday that it has raised $87M, and acquired six different companies in the business of Amazon fulfillment. According to Boosted Commerce, it plans to acquire and develop 100, e-commerce brands over the next four years.

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

socalTECH

Watertower Ventures. 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. www.watertowerventures.com) Fund size: $5M. www.amplify.la.

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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. According to Tapcart, the funding was led by Left Lane Capital, and also included Shopify, SignalFire, Greycroft, Act One Ventures, and Amplify LA.

Commerce 113
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FASHIONPHILE Finds $38.5M For Luxury E-Commerce

socalTECH

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.

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