socalTECH

MARCH 9, 2021

Los Angeles-based startup Mentorcam, which develops a video messaging platform, has raised $1.4M in a seed funding round, the company said on Tuesday. The funding was led by General Catalyst, and also included Studio VC, Kosinski Ventures, Realize Tech Fund and angels. The startup--led by CEO Rune Hauge--offers up a video messaging platform which helps consumers gain access to personal advice from experts in a variety of fields.

Seed Funding 113

Seed Funding Venture Capital Platform Los Angeles 113

socalTECH

MARCH 9, 2021

Los Angeles-based education technology developer GoGuardian says it has named a new Chief Revenue Officer. According to the company, it has named Brandon McAllister to the post, to help shape its long-term strategy for scale, as well as to oversee day-to-day operations of its Revenue team. McAllister most recently served as VP, Enterprise Sales, North America for Everbridge, and also has served at Monster, PowerReviews, LinkedIn, and CareerBuilder.

Equity 113

Equity Education Software Development Los Angeles 113

socalTECH

MARCH 9, 2021

Los Angeles-based visual effects software developer OTOY says it has launched new GPU rendering software for MacOS, aimed at providing macOS users with what it says provides what it claims is the fastest spectral GPU renderer on macOS Big Sur. the company said its new software, Octane X, is available on the Mac App Store for free. The new tool integrates with such 3D content creation tools as Cinema4D, SketchUp, Maya, Houdini, Blender, Modo, Nuke, Unreal Engine and Unity.

Software 113

Software OCTANE Tool Software Development 113

socalTECH

MARCH 9, 2021

Encinitas-based Ventyx Biosciences, a developer of immune modulators to treat inflammatory diseases and autoimmune disorders, said this morning that it has raised $114M in an equity funding round. The funding was led by venBio Partners, and also included Third Point, RTW Investments, LP, Janus Henderson Investors, Wellington Management, OrbiMed, Surveyor Capital (a Citadel company), Farallon Capital, Vivo Capital, Logos Capital, Qiming Venture Partners USA, Cormorant Asset Management, plus New S

Equity 113

Equity Capital Funding Invest 113

Advertiser: Aggregage

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.

Company

socalTECH

MARCH 9, 2021

Capsule--a well funded, venture funded startup with more than $270M in funding and backing from TCV, Thrive Capital, and Glade Brook Capital, as well as local investors M13 and Ashton Kutcher's Sound Ventures--has expanded into Los Angeles, part of a big expansion push by the company. According to the company, it will offer up its digital pharmacy services to 13.2 million residents across Los Angeles County and Orange County, with its pharmacy located in West Hollywood.

West Hollywood 113

West Hollywood Orange County Hollywood Los Angeles 113

socalTECH

MARCH 9, 2021

Los Angeles-based in-home healthcare provider Heal has shuffled its CEO, saying last week that it has appointed Scott Vertrees as CEO of the company, replacing co-founder Nick Desai. Heal did provide reasons for the shuffle. Vertrees has been an advisor to Heal, and previously served as CEO of EasyPay Finance, where he still sits on the board; he also was president of healthcare technology company BidShift.

Los Angeles 113

Los Angeles Invest Capital Technology 113