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Music Platform Stem Secures $10 Million in Funding

L.A. Business Journal

has raised $10 million in a funding round led by Slow Ventures with follow on investment from Santa Monica-based Upfront Ventures and Aspect Ventures. West Hollywood-based Stem Disintermedia Inc.

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Forge Platform Finds $1M For Ethereum SDK

socalTECH

Santa Monica-based Forge Platform , which is developing software development kits used for Ethereum, has raised $1M in a seed funding, the company disclosed on Wednesday. The funding came from Manta Ray Ventures and Upfront Ventures. The company was founded by Chris Lorenz, Geoffrey Anderson, and James Borow.

Platform 113
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L.A.’s NuOrder Closes on $15M Investment to Grow B2B Platform Between Businesses

L.A. Business Journal

Los Angeles-based NuOrder, a B2B wholesale e-commerce platform, closed on a $15 million Series C financing round, led by Radnor, Pa.-based based venture capital firm NewSpring and joined by existing investors Upfront Ventures of Santa Monica and Argentum of New York City.

Platform 100
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Clearlake's NetDocuments Gets New Investment

socalTECH

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Size and terms of that investment was not announced by the companies.

Invest 113
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Champion Technology Gets Investment From R9B

socalTECH

Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced.

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StartEngine Launches Crowdfunding Platform

socalTECH

Los Angeles-based StartEngine , which was launched back in 2013 as a startup incubator, has pivoted its model, and has become an online equity crowdfunding platform called StartEngine Crowdfunding. READ MORE>>.

Platform 100
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Fair Raises $100M In Debt Facility, Equity Investment

socalTECH

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. The debt facility was provided by Ally Financial.

Equity 100