Six Los Angeles tech start-ups this week announced angel and venture capital funding totaling more than $25 million, showing strength in the county’s Internet content and services sector.
The largest amount went to LeisureLink, a Pasadena company that helps vacation rental operators and helps book guests. It said Wednesday that it has raised $9 million in a Series C round that will go toward upgrades to its technology and for its sales efforts. The money came from current investors including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rental.
MyShape, a Los Angeles website offering women's apparel and accessories shopping services, on Wednesday said it raised $5.5 million in a follow-on round from Draper Fisher Jurvetson, Tenaya Capital and the Draper Fisher Jurvetson Growth Fund. The company said the money will help expand operations, build out its product assortment, and further develop its personalization technology.
RealGravity of Los Angeles and San Francisco on Wednesday said it raised $3.2 million in a Series A round led by Kohlberg Ventures, Peter Boboff of Kicklabs and Transmedia Capital. RealGravity provides an online marketplace connecting buyers and sellers of online video content and advertising. It also provides ad server and content management system for clients that include NBC Universal Sports and the Tribune Co.
MovieClips.com, a Santa Monica company that allows users to share and license official movie scenes from major studios, on Tuesday said it has raised $3 million in a Series A round. Investors include Shasta Ventures, First Round Capital, Aydin Senkut of Felicis Ventures, Naval Ravikant and Nivi Babak of VentureHacks. MovieClips was co-founded by Zach James, an investment banker, and Richard Raddon, the former director of the Los Angeles Film Festival.
EByline, a Los Angeles startup that is developing a marketplace for journalists and freelance writers, on Monday said it has raised $1.5 million from media company E.W. Scripps Co. EByline helps publications find qualified journalists to contribute to their publications, and allows freelancers to showcase their work. The funding follows an angel funding announced in September. EByline's founders are Bill Momary and Allen Narcisse, veterans of the Los Angeles Times and the Ventura County Star.
OnGreen, a Los Angeles online marketplace for green technology projects and investments, said Tuesday it has raised $1.4 million in a Series A round from China Southern Hong Kong Investment Ltd. OnGreen said the money will be used to develop tools for its website, which helps clean energy and green technology startups find angel investors and venture capital.
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