socalTECH

SEPTEMBER 15, 2020

Los Angeles-based SnackNation , which got its start delivering healthy snacks to vending machines and employee lunchrooms, says it has rebranded itself as Caroo , and expanded beyond snacks. According to Caroo, it is now providing "employee care and gifting" to "keep teams inspired and connected", no matter where they happen to be. According to Caroo, it curates healthier snacks, premium gifts, and "team building experiences" which it is delivering via its own software and technology platform.

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socalTECH

SEPTEMBER 15, 2020

A new, Los Angeles-based venture capital fund-- Mantis --announced on Tuesday that it has raised $35M in commitments for its debut fund, Mantis Capital Fund I, LP. The new fund--created by Alex Pall and Drew Taggart of the musical group The Chainsmokers , says its limited partners include Mark Cuban, Keith Rabois, Jim Coulter, and Ron Conway. The new investment fund is being managed by Milan Koch (formerly a venture partner at Base Ventures), and record label founder Jeffrey Evans.

Funding 113

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SEPTEMBER 15, 2020

Los Angeles-based venture investment firm Bonfire Ventures said this week that it has expanded its team, hiring Jennifer Richard as a Principal, and promoting Tyler Churchill to Principal. Richard previously has served at CAA, having served for four years at e-commerce startups, and has two years in venture capital. Churchill, who started at Bonfire in 2018 as a Summer Associate, has been promoted to Principal, as well--he actually worked together with Richard at CAA; he also has served at two B

Venture Capital 113

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socalTECH

SEPTEMBER 15, 2020

El Segundo-based artificial intelligence software developer CUJO AI says it has deployed its "digital life protection" services across five North American broadband operators. According to the company, its product is now monitoring more than 700 million devices. Financial impact of those deployments have not been announced by the company. CUJO AI says its tools are used to improve the security, control, and privacy of connected devices.

El Segundo 113

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SEPTEMBER 15, 2020

Los Angeles-based e-commerce apparel firm ModCloth --which recently shifted its headquarters to Los Angeles--says it has re-launched its brand in Europe. According to ModCloth, the relaunch and global expansion comes due to new ownership. ModCloth says it will start shipping products in Europe in September. The brand says it stopped shipping products in May of 2018, as a result of new GDPR program requirements; however, the acquisition by Go Global Retail--which acquired ModCloth from Walmart--a

Marketing 113

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SEPTEMBER 15, 2020

Orange County-based Violux , a startup developing ultraviolet light (UV-C) home cleaning devices, announced this morning that it has raised $1.2M in a seed funding round. The funding was led by Okapi Venture Partners, and also included Unlock Ventures and Envoy Ventures. Violux says it has developed a UV-C light disinfection device, designed to fight the COVID-19 coroanvirus adn other germs, bacteria, and viruses, and which can be used to quickly disinfect high touch objects.

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