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Santa Monica's Science Inc. Backs Electric Motor Startup In $4.5M Funding

socalTECH

the startup studio led by former MySpace CEO Michael Jones and startup veteran Peter Pham, is the lead investor in electric motor startup Linear Labs. in a seed funding round, led by Science Inc. Santa Monica-based Science Inc. ,

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GoMeta Gets $2M For Augmented Reality Universe Tools

socalTECH

San Diego-based GoMeta , a new, augmented reality startup being led by serial entrepreneur Dmitry Shapiro, has raised $2M in a seed funding round, and launched its app out of beta. The funding came from Mike Jones (Science Inc., MySpace) as well as Michael Eisner (former CEO of Disney). READ MORE>>.

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Altly Reveals Seed Investors

socalTECH

Shapiro was the former founder of Veoh Networks and head of MySpace Music. Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site. READ MORE>>.

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Retention Science Gets $1.3M For Ecommerce Software

socalTECH

Santa Monica-based Retention Science , a new startup out of the MuckerLab accelerator, is announcing this morning that it has raised $1.3M in a seed funding. Retention Science is using big data techniques to help model online visitors, and figure out how to convert them into cusotmers.

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Interview with Artin Nazarian, MySocialNightLife

socalTECH

Earlier this month, Los Angeles-based MySocialNightLife.com (www.mysocialnightlife.com) announced a seed funding round, and its technology platform for the nightclub and bar industry. We caught up with Artin Nazarian , the firm's co-founder, and chatted about what the company is hoping to do. What is MySocialNightLife all about?

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More Great News for #LATech – Crosscut Ventures Raises $75 Million Fund

Both Sides of the Table

Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. LA has grown up a lot over the past 5 years. This week Michael Dubin’s startup Dollar Shave Club announced a $75 million funding round at a rumored $650 million valuation.

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