Tue.May 25, 2021

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Park Place Payments Finds $1.5M

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Los Angeles-based Park Place Payments, a fintech startup focused on payment processing, disclosed on Tuesday that it has raised $1.5M in a seed funding round. The funding was led by Curate Capital. Park Place is led by founder and CEO Samantha Ettus. The company's payment processing workforce is mostly women.

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Whip Media Launches Content Marketplace

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Los Angeles-based Whip Media said on Tuesday that it has launched the Whip Media Exchange, a new data-and AI-powered content marketplace aimed at the global film and TV content licensing market. According to the company, as part of the launch, it has added Lionsgate, Giant Pictures and DMD Limited / CiND!E Films as content providers on the marketplace.

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codeSpark Acquired By BEGiN

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Pasadena-based codeSpark, which develops applications which help children learn how to code software, has been acquired by New York-based BEGiN. Financial terms oft he acquisition were not announced. According to BEGiN, the acquisition will help it in fulfilling its vision to "create the most comprehensive program in early learning." codeSpark was founded and was led by Grant Hosford.

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Docbot Raises $4M For AI Diagnosis Tools

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Irvine-based Docbot, a startup developing artificial intelligenec tools for diagnosing gastrointestinal (GI) disease, has raised $4M in a Series A funding round, according to the company. The funding was led by Khosla Ventures, and also included Bold Capital Partners, Collaborative Fund and Boutique Venture Partners. The company says it now raised a total of $8.5M.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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SiLC Technologies Sees $17M

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Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit -- OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year.

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ChowNow Names CTO

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Los Angeles-based restaurant ordering systems developer Chownow says it has named a new Chief Technology Officer. According to the company, Bharath Chinamanthur has joined the company as CTO from Blink Health, where he was EVP of Product, Engineering, and Operations. Chinamanthur also previously served at Charles Schwab as an SVP, and also served at Amazon.