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Shift Gets $37M More To Ramp Online Used Auto Sales

socalTECH

Online used car marketplace Shift , which has two offices‌ in Southern California--its biggest market--has raised $37M more in funding, the company said today. The funding came from BMW iVentures, Draper Fisher Jurvetson, Highland Capital, DCM, G2VP, and Goldman Sachs.

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Mogreet Opens Midwest Sales Office

socalTECH

Los Angeles-based Mogreet , coming off a new round of venture funding, is in expansion mode, saying that it has opened up a new Midwest sales office for the company. in a new round, from Black Diamond Ventures, DFJ Frontier, Ascend Ventures, Bryant Park Ventures and Draper Associates. Mogreet recently raised $4.1M

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TicketSauce Takes $2.5M For Live Event Management Software

socalTECH

in a Series A funding, the company announced this morning. The funding was led by Draper Frontier Opp & Tech Fund. The company said the funding goes towards sales and marketing. San Diego-based TicketSauce , a developer of private label event management software, has raised $2.5M

Software 100
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Chippmunk Raises $750,000 in Seed Funding for Scaling & Product Development

Tech Zulu Event

The seed round was led by investments from Richard Chino, a key early member of GoTo.com and Smarter.com; Dan Murray, CFO of Machinima ; Derek Draper of Wildfire by Google; Nikhil Srivastava of KKR ; Angel Investor Andrew Schwartz and other angles from LA and Silicon Valley. 750,000 for Scaling & Product development.

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Shift Technologies Gets $50M More

socalTECH

Shift Technologies , the online marketplace for used cars which has major operations in Los Angeles, has raised $50M in new funding for the startup, the company said today. The funding was led by Goldman Sachs Investment Partners (GSIP), and also included Draper Fisher Jurvetson (DFJ) and Highland Capital Partners.

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Three Epic Startup Battles With SoCal Players

socalTECH

Whoever wins, these are some of the local firms in interesting markets--and their tough, well-backed head-to-head competition--worth watching. Funding: Around $4.0M. Funding: $12.8M. HauteLook, one of the first firms to capitalize on the sample/private sales market, is already profitable and is growing rapidly.

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Eventful Raises $10M

socalTECH

San Diego-based Eventful announced late last night that it has raised $10M in a Series C funding round, led by Telefonica. According to Eventful, the investment round also included existing investors Draper Fisher Jurvetson and Bay Partners. The funding round brings the company's total raised to around $19.6M. READ MORE>>

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