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Tastemade Takes $35M

socalTECH

Santa Monica-based Tastemade , which develops food- and lifestyle-focused content for YouTube, as well as its own website, said this week that it has raised $35M, in its Series E funding round. The company's show include food, recipe, travel, and home focused content.

Redpoint 113
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Sonos Funding Pays Off For Early Investors

socalTECH

When is a funding also an exit? When part of that funding is used to pay off early investors. The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blottnitz, and undoubtedly co-founders John MacFarlane, Craig Shelburne, Tom Cullen.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel. WordPress parent company Automattic secures $300M.

Services 207
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SocialVibe Gets $20M More

socalTECH

Los Angeles-based SocialVibe , the provider of social advertising software and technology, announced today that it has raised $20M in additional equity funding. The funding was led by Norwest Venture Partners, and also included Redpoint Ventures, Jafco Ventures, and Pinacle Ventures. SocialVibe is headed by Jay Samit.

Redpoint 145
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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

It’s always fun debating companies with Dana because she’s always so knowledgeable on deals – particularly those in the digital media, ad-tech and eCommerce spaces. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002. The idea is simply to foster the community and support up-and-coming entrepreneurs.

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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding. Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. short answer: very, very rarely. But it does happen. Short answer: no.