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Tim Draper’s Los Angeles-based blockchain-focused venture studio adds a venture partner

TechCrunch LA

The Los Angeles-based venture capital studio focused on blockchain and fintech startups which longtime venture investor Tim Draper now calls home has added a new venture partner to its team. Rodney will play a key contribution to Draper Goren Holm’s strategy to diversify our deal flow.

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After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

TechCrunch LA

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. As a part of Integrated Media, StackCommerce will join properties like Fandom and Goal.com.

Media 134
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PR0HBTD Picks Up $12M For Cannabis Media Brand

socalTECH

Los Angeles-based PR0HBTD , a startup which says it is developing a "cannabis lifestyle media and brand platform", announced this week that it has raised a Series A investment round worth $8M, bringing its total raised to $12M. READ MORE>>.

Media 133
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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. Nuggetverse : a web comics media startup.

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Signal Scores $20M For Wholesale Automotive Sales Software

socalTECH

Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP. READ MORE>>.

Software 124
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Solve, the startup creating an interactive “Law & Order” for social media, raises $20 million

TechCrunch LA

Mining that same well of a demand for whodunnits, a roughly one-year-old Los Angeles-based startup called Solve has raised $20 million in financing to update the genre for a new generation of media consumers. All of the major internet-age media companies had their own mobile strategies.

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Snap Launches Third Yellow Accelerator Program

socalTECH

Venice-based Snap announced the third class of its Yellow startup accelerator class on Wednesday, naming ten companies to participate in its annual 14-week program in Los Angeles. READ MORE>>.

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