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IVP: We Love LA, So We Invested In Snapchat

socalTECH

A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local investors shied away from? snapchat venture capital investment valuation jamdat' READ MORE>>.

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MarketShare Partners Gets Investment From Elevation

socalTECH

Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. According to MarketShare Partners, Elevation made a minority equity investment in the firm. Financial terms of the funding were not disclosed. READ MORE>>.

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LA-based Maslo pivots to professional services, launching an AI product for executive coaching

TechCrunch LA

Like the original Maslo, the new product is a service for journaling and personal growth, but this time it includes dashboards and visualization tools for the life coaches and training professionals that are molding the minds and leadership habits of tomorrow’s executives.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. The one thing that Maestro won’t do is discovery or search services, Evans said.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue. Indeed, part of the reason for the financing is to accelerate the pace of its acquisitions and investments into new game development studios, according to chief executive, Walter Driver.

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FabFitFun raises $80 million for its growing lifestyle brand

TechCrunch LA

Last year the company crossed $200 million in revenue and managed to net over 1 million subscribers for the service. As a result of the investment, Kleiner Perkins general partners Mood Rowghani and Mary Meeker will join as board members and observers, respectively.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

” And at least I’ll draw the line at that point, and if it ever gets too close, I can always go back and work at Electronic Arts. [00:24:26] I want to build a great company, and I want to get you on my board for my new ridesharing service. That means I do one or two investments per year, and I see a lot.

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