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Social Networking Startup MeWe Raises $4.5 Million

L.A. Business Journal

Culver City-based social networking startup Sgrouples Inc., doing business as MeWe, announced it raised $4.5 million in a venture round, bringing its total funding to $15 million since launching in 2012.

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Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners.

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Richie Knows Launching Social Network For Gamers In LA

socalTECH

A new startup, Richie Knows, says it is launching new, social network targeted at gamers, in Los Angeles. According to the company, the startup is looking to match up players with new friends and competitors as they travel.

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Maverick Gets $2.7M For Social Network for Girls

socalTECH

Los Angeles-based Maverick , a new startup launching a social network for girls, has raised $2.7M in a seed funding round, as it prepares to launch its service. READ MORE>>.

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Valence Launches To Help Black Professionals With Social Networking

socalTECH

In a move to help make Black professionals easier to connect, Los Angeles-based Valence said on Thursday that it has launched a new, social networking service, with backing from investments from Upfront Ventures, Sequoia Capital, and Accel.

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Valence Connects With $2.5M For Black Social Networking

socalTECH

Los Angeles-based Valence , which is developing a social network specifically for black professionals, has raised $2.5M in funding, the company said this week. The funding was led by Upfront Ventures, and also included funding from Sinai Ventures, Human Ventures, High Alpha and angels Paul Judge, Peggy Alford and Willie Alford.

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Stage 32 Targets Film, TV, Theater With Social Network

socalTECH

Does the entertainment industry need its own social networking site? Los Angeles-based Stage 32 thinks so--and so far, has 325,000 members for its online social networking site, which it says ties together film, television, and theater creatives. Stage 32 is led by Richard Botto. READ MORE>>.