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Zumbox Shutting Down

socalTECH

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

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Zumbox Scores $8M

socalTECH

Westlake Village-based Zumbox , a developer of a system for sending electronic mail to postal addresses, announced today that it has raised $8M in a funding. Zumbox develops a service--aimed at marketers and businesses--to target individuals with electronic mailings, based on their street address, rather than their email inbox.

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MomentFeed Raises $1.2M

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Santa Monica-based MomentFeed , a provider of location-based marketing software and services, said today that it has raised $1.2M in a Series AA funding round. The company said much of its round was achieved through AngelList. As part of the funding, Salil Pradhann of DFJ SAIC has joined the company's board of directors.

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LAVA Honors Richard Riordan, Local Technology Firms

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The Los Angeles Venture Association (LAVA) held its annual awards event last night, honoring former Los Angeles Mayor Richard Riordan, as well as local, venture backed companies in a banquet last night at the Luxe hotel in Los Angeles. Other finalists were Clicker.com , Truecar , and Zumbox.

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Interview with Rob Reed, MomentFeed

socalTECH

The firm announced a funding round last week, from DFJ Frontier, DFJ JAIC, Gold Hill Capital, and angel investors Gil Elbaz (Factual), Auren Hoffman (Rapleaf), and Walter Kortschak (Summit Partners), and many others. Rob Reed: The position of MomentFeed, is that it is essentially a layer in the location based services stack.