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Dollar Shave Club Gets $1M To Disrupt The Razor Industry

socalTECH

Michael Dubin has just one goal with his new startup: to totally disrupt the razor blade industry. The new startup, which spawned out of the walls of Science Inc., Dubin told socalTECH that the new startup is aimed at reducing the hugely expensive cost of brand name razor blades, and will supply both men and women with its products.

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Science Inc. Eyes New Venture Capital Fund

socalTECH

Santa Monica-based startup studio Science Inc. founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. READ MORE>>.

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Science Raising New $30M Fund For LA Startups

socalTECH

the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. science myspace scienceinc venture capital fund funding'

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Postie Raises $3.5M To Apply Machine Learning To Direct Mail

socalTECH

Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M in a seed funding. The funding was led by Bonfire Ventures and Crosscut Ventures. working on such companies as Dollar Shave Club, DogVacay, MeUndies, Famebit and Hello Society.

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Science Inc. Gets $20M In Debt Funding, Grows To 150 People

socalTECH

Los Angeles based startup incubator/studio Science --which is behind such local startups as Dollar Shave Club and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. According to Fortune, the funding came from private equity investor Silver Lake Waterman.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.