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Flipagram Raises $70M For Photo, Video, and Music Sharing Apps

socalTECH

Los Angeles-based Flipagram , led by startup vetera Farhad Mohit, said late Thursday evening that it has raised $70M in a funding round, for its photo, video, and music sharing apps. The funding was led by Sequoia, and also included Kleiner Perkins Caufield & Byers and Index Ventures.

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Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 Other big deals included in the survey were Flipagram (nearly $70M) and Yuneec ($60.0M). in 108 deals. Orange County saw $340.3M raised in 15 companies.

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Live.me Raises $50M In Series B From Bytedance

socalTECH

Bytedance also bought LA's Flipagram earlier this year. The news comes shortly after Bytedance (Beijing Bytedance Technology Co Ltd) also announced it had acquired another Los Angeles, social app developer, Musical.ly, in a deal reported to be worth as much as $1 billion. READ MORE>>.

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Here's Who Is Funding Companies In Southern California Today

socalTECH

It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Most recent investments: Ring, Flipagram, Snapchat. Crosscut Ventures 6 deals.