socalTECH

OCTOBER 16, 2012

textPlus , the maker of the popular texting application by the same name, said today that it has raised $18M in a new funding round, led by The Raine Group. Prior investors Kleiner Perkins Caufield Byers, Matrix Partners and GRP Partners also participated in the funding.

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socalTECH

MARCH 20, 2014

A direct competitor to Marina Del Rey-based free texting and phone service provider TextPlus said today that it has raised a huge, $280M funding round for its services. Silicon Valley-based Tango raised the giant funding round from Chinese company Alibaba, which reportedly valued Tango at around $1 billion.

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socalTECH

AUGUST 6, 2015

Rinse , a San Francisco-based on-demand dry cleaning and laundry service, said Thursday that it is expanding it service to Los Angeles, after raising a $3.5M funding round.

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socalTECH

MAY 25, 2010

Marina del Rey-based AuctionPoint , which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. The company said the new funding will go towards accelerating the firm's nationwide expansion. READ MORE>>.

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socalTECH

OCTOBER 24, 2008

Marina Del Rey-based CADFORCE, a venture-backed provider of CAD support services, has been acquired by Puna, India-based Neilsoft Ltd. CADFORCE co-founder James Katz told socalTECH.com that the firm will remain in Marina Del Rey, with the whole team staying on. READ MORE>>

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socalTECH

FEBRUARY 21, 2012

Steve is now in charge of Marina Del Rey-based TeleSign (www.telesign.com), which has quietly become a huge force in providing authentication services to nearly every major Internet service out there. Telesign provides authentication services for the largest web companies in the world.

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Xconomy

JULY 14, 2016

billion that a non-traditional investor (the Saudi Arabia Public Investment Fund) invested in San Francisco-based Uber, and the nearly $1.3 Over the last few quarters, we’ve definitely seen the funding levels come down” from 2015, said Tim Holl, an EY audit partner in San Diego who heads the firm’s technology practice. San Francisco.

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