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Report: Autonomy Running Out Of Money

socalTECH

A report from Business Insider says that Los Angeles-based electric vehicle subscription company Autonomyis running out of money and in "dire straits". According to the report, the company--which offers up Tesla vehicles on a subscription basis--is in the midst of attempting to find emergency funding.

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Squarespace raises $300M at a staggering $10B valuation

TechCrunch LA

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House.

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Silicon Beach Report March 1: LA-Tokyo Entertainment Tech Fund Hires VC

L.A. Business Journal

LA-Tokyo entertainment tech fund hires VC; EVgo reduces charging station prices; and Scalefast raises $8 million in Series A funding.

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Silicon Beach Report April 12: L.A. Seed Funding up from Q1 2017

L.A. Business Journal

seed funding up from Q1 2017; Amazon drops price of Ring Doorbell; Former Sony CEO Andrew House joins KEYPR’s advisory board.

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Snapchat's Latest Funding Round Hits $1.8 Billion

SoCal Tech Calendar

billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. The filing said that 157 investors participated in this new round, and other reports say that General Atlantic, Sequoia Capital, T. READ MORE>>.

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Ouya Near Sale, Says Reports

socalTECH

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports. Ouya had been venture backed by Kleiner Perkins Caufield & Byers, and including Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners, and had raised over $8.6M

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SPECIAL REPORT: 2019 Blockchain Outlook — Reality Check

Xconomy

After a breakout year in 2017, the blockchain sector suffered a series of blows in 2018, from crashing cryptocurrency prices to increased regulatory scrutiny of crypto ventures and deepening skepticism about whether the technology was actually useful. Read more » Reprints | Share:

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