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Calacanis Backs Mobile Social Networking Service

socalTECH

Jason Calacanis , the high profile founder of Santa Monica-based Mahalo , is one of the angel investors in a mobile social networking service, Gowalla , the company said today. Tags: jason calacanis angel investment venture capital social networking gowalla. Series B funding for the firm. Series B funding for the firm.

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LAUNCH Conference Prize Money Hits $151K

socalTECH

The prize money for Jason Calacanis' LAUNCH Festival technology conference has hit $151,000, after early stage venture investor Venture51 agreed to invest $51,000 in the winner of the conference's "Best in Show" award. Mahalo is based in Santa Monica. The conference is being held in March in San Francisco. READ MORE>>.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Docstoc, Ken Rutkowski of MeTAL, Mark Suster of Upfront, Jason Calacanis of Mahalo--but we had to pass them up, too, in favor of some of the new folks to the scene. Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps). Sean Callahan , SlimSurveys (San Diego, mobile apps).

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. Read more: VentureWire (requires login) , Mahalo Profile Page. In the show we talked about why this is important to mobile application developers. Read more: TechCrunch , Reg Form D , WSJ interview w/ Susan Lyne.