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Philz Coffee Looks Beyond California With $45M Funding

socalTECH

Philz Coffee , the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. As part of the funding, Jim COulter and Sanjay Banker, both of TPG, join the company's board. READ MORE>>.

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Four Companies Where Hollywood Is Intersecting With Technology

socalTECH

Despite a perpetual belief that the presence of both high tech companies and Hollywood should be spawning out hundreds of entertainment and technology related startups, it actually happens much less than one might think. What do industrial equipment and tooling have to do with Hollywood and technology?

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Awesomeness.TV Among Fastest Exits, Best ROI Ever On Silicon Beach

socalTECH

is the both fastest funding-to-exit in Silicon Beach, as well as one of the exits with best multiple on dollars invested, according to a new analysis of our extensive database of venture deals. had the shortest time between an initial funding and exit of any company, just short of nine months. The acquisition of Awesomeness.TV

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Tech Scenes: Greg Bettinelli of Upfront Ventures

socalTECH

In this solo episode we meet up with Greg Bettinelli and talk about Upfront Ventures, investing in Los Angeles, high performance cultures, building legacy, helping/funding/nurturing entrepreneurs and the future of the Los Angeles tech scene. Media Sponsor: SOCALTECH - High Tech News and Information for Southern California.

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Epoxy Tunes Into $2M to Enable YouTube, Video Publishing

socalTECH

One of the hottest sectors in Southern California's high tech world in the last couple of years has been video--namely, Internet video and content creation. Other investors in the funding include Greycroft Partners , Bertelsmann Digital Media Investments , Advancit Capital, Allen DeBevoise, Ynon Kreiz , among others.

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LaughStub Takes On Comedy Ticket Sales, With Angel Backing

socalTECH

The firm--which the Tech Coast Angels revealed last week that it had funded in 2010--also has the backing of well known angel investor Paige Craig, who also sits on the firms advisory board. No details on the angel funding for LaughStub have been announced. The firm is headed by Scot Richardson. READ MORE>>.

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Four Firms Hoping To Tap Into Facebook's 500M Users

socalTECH

On the heels of the announcement this morning by Facebook that it has officially hit 500 million users, socalTECH has mined its database of high tech companies , and identified a few of the firms here in Southern California hoping to ride Facebook's coat-tails to success and fortune. Backed by Facebook's fbFund. Headed by Ian Swanson.