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Gogii Raises $8.2M

socalTECH

Marina del Rey-based Gogii , a developer of text messaging applications, said Thursday that it has raised $8.2M in a Series B investment round. Gogii is the latest startup of Scott Lahman, Austin Murray, and Zack Norman, all previously at JAMDAT Mobile. Tags: jamdat mobile capital venture messaging text gogii.

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GRP Targets $250M In New Fund, GRP IV

socalTECH

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.--in

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Funding is different outside of Silicon Valley. As a result many funds are OK with big bets.

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Interview with Matthew Graczyk, Zubican

socalTECH

How are you funded and backed? We were funded a little over a year ago, which allowed us to get past some key milestones and get a higher valuation. He's now at Gogii, which has received investment from Kleiner. Matthew Graczyk: The Z-Score is really a measure of how good a company and their profile is.

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