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The RealReal Launches First Bricks And Mortar Store, In West Hollywood

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TheRealReal said it will open up a "concept store" in Los Angeles on Melrose Avenue in West Hollywood, where it will both offer up its luxury goods and also accept consignments. Online luxury consignment store The RealReal is making its foray into the retail market, with its first ever bricks-and-mortar, physical store, in Los Angeles.

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SocialVibe Raises $11.65M

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West Hollywood-based SocialVibe , an online site which combines social media with support for brands and charities, has raised $11.65M in a Series C funding round, according to a regulatory filing by the firm Monday. SocialVibe has previously raised funding from JAFCO American Ventures and Redpoint Ventures. READ MORE>>.

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Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry.

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Citysearch Invests In OrangeSoda, Launches Online Local Advertising Service

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West Hollywood-based Citysearch , the online local business guide owned by IAC, announced today that it has launched a new online advertising service for local businesses called CityGrid Complete. Tags: citysearch venture capital orangesoda investment online local marketing advertising. READ MORE>>.

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Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues

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West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. Backstage Capital focuses on focuses on minorities, including women, People of Color, and LGBT founders.

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Citysearch, IAC Looks To Contest For Business Ideas

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West Hollywood-based Citysearch , the local reviews and directory service of IAC, has taken an unusual approach to finding its next business idea: it's running a contest which asks its users to submit a "brilliant" idea for web and mobile applications. Tags: citysearch business contest idea venture capital equity.

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Xirrus Ranks Two In WSJ Top Startups List

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the domain name startup with links to Demand Media at number 14; Idealab's Ubermedia at number 16; Machinima in West Hollywood at number 21; San Diego's PatientSafe Solutions at 24; SmartDrive Systems at 25; and SocialVibe at number 23. That list included Laguna Hills-based Glaukos at number 7; Donuts Inc. , READ MORE>>.