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Flowspace Finds $12M For On Demand Warehousing

socalTECH

Culver City-based Flowspace , a provider of "on-demand" warehousing and fulfillment services to businesses, has raised $12M in a Series A funding round, the company announced this morning. According to Flowspace, the round was led by Canvas Ventures, and also included Moment Ventures, 1984 Ventures and Y Combinator.

Demand 100
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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Investors: Matrix (Dana Stadler, who was the CTO of PayPal).

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Tuition.io Names New VP Of Engineering

socalTECH

Wall was previously co-founder and CTO of on-demand laundry startup Washio. is venture backed by Wildcat Venture Partners, Mohr Davidow Ventures and MassMutual Ventures LLC, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company. Tuition.io The placement at tuition.io

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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

The financiers funding the company’s plans are a mix of Silicon Valley venture capital firms and members of Hollywood’s elite, which is only fitting for a company whose headquarters are in Los Angeles, but whose business takes it to the far flung research centers and launch facilities which support the U.S. space industry.

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Campus Steps Gets $3M

socalTECH

The funding included $2M in a strategic investment and $1M in a venture commitment, according to the company. The company''s Chief Technology Officer is Dave Meyer (Free Credit Report, eNeighborhoods), and its Chief Product Officer is Jeanne Anderson (DogVacay). Names of those investors were not announced.

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Flywheel Picks Up $12M, And A New CEO

socalTECH

Mobile on-demand taxi app developer Flywheel , which has been attempting to leverage the existing taxi and transportation infrastructure in Los Angeles to go head-to-head against Uber, said Thursday that it has raised $12.0M The new funding came from TCW, Rockport Capital, and Shasta Ventures. READ MORE>>.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. I just want to figure out what a fair valuation is.&# I figured all the VC’s talked so we should. But this example above is all entrepreneur math, not the VC’s.