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Amplify Adds Two New Companies To Portfolio

socalTECH

Venice, California-based Amplify LA , the startup investor which got its start as one of LA's first startup accelerators, said this week that it has added two new companies-- Kulagy and Tapcart --as part of its portfolio of companies. Financial details of any investment in the two startups were not announced. READ MORE>>.

Company 147
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Southern California Firms Get $587.0M In Venture Capital In Q2

socalTECH

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, when there was $868.98M in investments across 97 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M in investments across 90 deals.

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

Still, the amount invested marked a 12 percent drop from the $17.4 billion that venture firms invested during the same quarter last year, and there was a 22 percent decline in deals, according to MoneyTree data released today. A lot of money went into software, mostly because of some big, expansion-stage deals.”.

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Gem Takes $7.1M For Blockchain Security

socalTECH

Venice-based Gem , the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M Ben Dahl, who led the investment for Pelion Venture Partners, joins the company's board with the funding round, as does Scott Kriz of Bitium. in its Series A funding.

Venice 100
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Seriously Finds $18M For Mobile Games

socalTECH

Venice, California- and Helsinki, Finland-based mobile game developer Seriously , the developer behind the title Best Fiends , has raised $18M in a venture funding round, the company said this morning. Seriously said it has now raised $28M in funding.

Mobile 100
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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

Our most recent Demo Day in November 2018 (at Google/Venice on the main stage) was the most well-attended Demo Day in the history of Startup Boost. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018?