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UNest Nabs $9M For College Savings App

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Los Angeles-based UNest , which develops a mobile app to help parents with financial planning as well as college savings, has raised $9M in a funding round, the company said Tuesday. The funding came from Anthos Capital, Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon and Unlock Ventures.

Draper 113
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MomentFeed Acquired By Uberall

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Los Angeles-based MomentFeed, which develops location-based services and location marketing software for bricks and mortar retailers to better manage information on their locations, hours, and other information, has been acquired by Uberall, a Berlin-based provider of marketing software.

Draper 113
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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

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Los Angeles-based venture investor Wavemaker Partners has seen one of its portfolio companies hit the public markets, albeit via an unusual, reverse merger arrangement. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers.

Draper 153
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Local Clean Energy Business Plan Contest Awards $160,000

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A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in its latest competition. READ MORE>>.

Draper 191
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CapLinked Adds $1M, New Investors In Funding Round

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Los Angeles-based CapLinked , the developer of business transaction and deal management software-as-a-service, said today that it has raised $1M in an expansion round for the company. The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. That funding was worth $3M. READ MORE>>.

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Crosscut Ventures Backs Blockchain Startup

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Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent , developing blockchain technology for the financial markets.

Draper 100
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Sensay Snags $4.5M For Chatbot Technology

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Los Angeles-based Sensay , a developer of chatbot technology, has raised $4.5M The funding was led by Norwest Venture Partners, and also included Greycroft Partners, Sweet Capital, NHN, Draper Associates and other. in a seed funding round, according to the company.