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Truepic Takes $26M For Photo Verification

socalTECH

San Diego-based Truepic, a startup that provides photo verification technology, said today that it has raised $26M in a Series B funding round. The funding was led by M12, and also included Adobe, Sony Innovation Fund by IGV1, Heart Ventures, and individuals from Stone Point Capital. Jeffrey McGregor is CEO of Truepic.

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Greenwave Systems Acquires Predixion Software

socalTECH

Greenwave said the acquisition will help it enhance its platform with real-time, visual analytics, and also help it bolster its industry talent and team. Irvine-based Internet-of-Things (IoT) software developer Greenwave Systems announced this morning that it has acquired Aliso Viejo-based Predixion Software.

Software 100
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More Great News for #LATech – Crosscut Ventures Raises $75 Million Fund

Both Sides of the Table

Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. This week Michael Dubin’s startup Dollar Shave Club announced a $75 million funding round at a rumored $650 million valuation. LA has grown up a lot over the past 5 years.

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Ace Metrix Gets $1.7M

socalTECH

Los Angeles-based Ace Metrix , which operates a service to help television advertisers judge the effectiveness of their creative, has raised $1.7M in a debt funding round, according to a regulatory filing from the firm Monday. Details on the funding were not announced. READ MORE>>.

Palomar 150
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Ace Metrix Targets TV Advertising

socalTECH

Los Angeles-based Ace Metrix is looking to apply analytics to the television advertising market, saying this morning that it has launched a service which helps advertisers measure persuasion and watchability of their advertising. Hummer Winblad's Ann Winblad and Palomar's Jim Gauer sit on the firm's board. READ MORE>>.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. We closed our fund in August of 2008. What do you invest in?

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Interview with Steve Goldman, Ace Metrix

socalTECH

Ace Metrix is venture backed by Hummer Winblad, and Palomar Ventures. I also wanted to find better analytics, to help agencies sell great work, which is an important part of our offering. Luckily enough, we were able to get the attention of Hummer Winblad, and specifically, Anne Winblad, as well as Jim Gauer at Palomar Ventures.