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Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The company's Managing Partner is Karan Wadhera. READ MORE>>.

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LaserAway Snags Private Equity Investment

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West Hollywood-based LaserAway, an aesthetic dermatology business which offers laser hair removal, laser tattoo removal, laser skin rejuvenation services via a series of clinics, has scored private equity funding. According to the company, it raised funding from the Private Equity Group of Ares Management Corporation.

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Modern Animal Snags $75.5M For Veterinary Care

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in funding. The company is developing what it calls a "modern" veterinary clinic. The funding included both a $35.5M Series A funding, led by True Ventures, and a $40M Series B funding led by Founders Fund. The funding also included Upfront Ventures.

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Capsule Launches Digital Pharmacy In LA

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Capsule--a well funded, venture funded startup with more than $270M in funding and backing from TCV, Thrive Capital, and Glade Brook Capital, as well as local investors M13 and Ashton Kutcher's Sound Ventures--has expanded into Los Angeles, part of a big expansion push by the company.

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Orbitera Gets $2M For Cloud Billing, Sales

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West Hollywood-based Orbitera , a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed funding round. The company disclosed the funding Thursday.

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Rinse Opens On-Demand Dry Cleaning In LA

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Rinse , a San Francisco-based on-demand dry cleaning and laundry service, said Thursday that it is expanding it service to Los Angeles, after raising a $3.5M funding round. The company offers up many features familiar to on-demand app users, including emailed photos of your items and SMS pick up and scheduling.

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Geni Bolsters Team, Names CTO, Engineering VP

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West Hollywood-based Geni , the online family tree and family history service, said Thursday that it has promoted a number of employees, including naming two executives. Geni is venture backed by Charles River Ventures and Founders Fund. The firm is now being run by Noah Tutak. READ MORE>>.

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