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Drinks Holdings Raises $15M

L.A. Business Journal

with Walnut-based Shea Ventures and Stable Road Capital Advisors Inc. Glendale-based Drinks Holdings Inc., a patented e-commerce platform for wine aficionados, raised $15 million in a Series B capital round led by Beverly Pacific Holdings Inc., in Venice in the mix on the institutional side.

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Zarget Gets $6M For A/B Testing Tools

socalTECH

Walnut, California-based Zarget , a developer of A/B testing tools for marketing automation, has raised $6M in a Series A funding round, according to the company. Walnut is a suburb of Los Angeles, just east of Los Angeles and North of Anaheim. The funding was led by Sequoia India, and also included Accel and Matrix Partners.

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WizRocket Conjures Up $8M

socalTECH

Walnut, California-based WizRocket , a developer of mobile ad technology which helps companies better profile and target customers, has raised $8M in a funding round. Walnut is in eastern Los Angeles County. The funding came from Sequoia Capital and Accel Partners. The funding comes on top of an earlier, unannounced $1.6M

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Adesso Expands Line Of KODAK Peripherals

socalTECH

Walnut, California-based Adesso , which manufactures computer peripherals, says it is rolling out a line of products with the KODAK brand on it, including new education and office peripherals for the PC and Mac platforms.

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SPOTLITE Launches Singing Competition App

socalTECH

The company's offices in Los Angeles are listed in Walnut. Music, Microsoft, Atom Factory, and Warner/Chappell, and that its development and tech teams are in Beijing, with marketing, A&R, and business development based in Los Angeles. The company says it will award a minimum prize of $2000 for its contests, with winners chosen bi-weekly.

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Collectly Hunts Down $1.9M For Medical Debt Recovery Service

socalTECH

Walnut, California-based Collectly , a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week.

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El Loco Finds $2.3M For Mobile App Translations

socalTECH

Walnut-based El Loco , which provides localization services for mobile app developers, has raised $2.3M in a seed funding, the company disclosed today. The funding came from angel investors.

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