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The RealReal Launches First Bricks And Mortar Store, In West Hollywood

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TheRealReal said it will open up a "concept store" in Los Angeles on Melrose Avenue in West Hollywood, where it will both offer up its luxury goods and also accept consignments. Online luxury consignment store The RealReal is making its foray into the retail market, with its first ever bricks-and-mortar, physical store, in Los Angeles.

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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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Backstage Capital Launches New Startup Accelerator In LA

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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.

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Dear Media Finds $8M

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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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Modern Animal Snags $75.5M For Veterinary Care

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The company is developing what it calls a "modern" veterinary clinic. Series A funding, led by True Ventures, and a $40M Series B funding led by Founders Fund. The funding also included Upfront Ventures. According to the company, the funding will be used for rapid expansion, plus continued development of the company.

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Hutch Raises $10M Funding From Zillow

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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>>.