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Oro Debuts New Ecommerce Marketplace Software

socalTECH

West Hollywood-based Oro, Inc., a developer of e-commerce software, says it has launched a new product, OroMarketplace. The company says the new software lets sellers to rapidly implement B2B, B2C, B2G, franchise network ordering, services procurement, bookings/appointments, and physical goods marketplaces.

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Modern Animal Snags $75.5M For Veterinary Care

socalTECH

The company is developing what it calls a "modern" veterinary clinic. According to the company, the funding will be used for rapid expansion, plus continued development of the company. The company currently has one pet clinic, in West Hollywood, in addition to "virtual" service. in funding.

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Dear Media Finds $8M

socalTECH

West Hollywood-based Dear Media , which is developing a podcasting network focused on female voices, said on Thursday that it has raised $8M in a funding round. The funding came from private equity investor Magnet Companies. Dear Media is led by CEO Michael Bosstick, and the company was co-founded with Raina Penchansky.

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Tinder Sued by Former Communications Director

L.A. Business Journal

A former executive at West Hollywood headquartered dating app developer Tinder Inc. filed a lawsuit Monday alleging she was sexually assaulted by Gregory Blatt, the company's former CEO.

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Canvassing of Art Website Yields $36 Million Deal

L.A. Business Journal

Israeli web development company Wix said last week that it had purchased popular West Hollywood-based online artist platform DeviantArt for $36 million, including $3 million in assumed debt.

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Hutch Raises $10M Funding From Zillow

socalTECH

West Hollywood-based Hutch , the home interior design app developer led by Beatrice Fischel-Bock, has raised a $10M round of funding from Zillow Group , the company said this morning. As part of the funding, Zillow's Spencer Rascoff joins the company's board. READ MORE>>.

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Backstage Capital Launches New Startup Accelerator In LA

socalTECH

West Hollywood-based Backstage Capital , a venture capital investor which focuses on minorities--including women, People of Color, and LGBT founders, said recently that it has launched the Backstage Accelerator , a three month, startup accelerator which will provide in-person resources and support to its portfolio of companies.