Snap Inc. signs data subscription deal with Factual, storage startup Clutter raises $64 million, and baby food subscription service Yumi raises $4.1 million.
Factual Inc. announced on Tuesday that it signed a deal to sell its location data to Snap Inc. for use in Snapchat, reports the Business Journal. Gil Elbaz, chief executive of Century City-based Factual, declined to disclose the value of the deal, but said Snap purchased the data as part of a subscription agreement representing one of the largest deals the company had ever signed.
Storage startup Clutter raised a $64 million round to expand its on-demand pick-up storage service around the country and globe, reports Forbes. The company plans to use its new money to fund expansion into about 50 markets in five years, including every big city in the United States and several abroad.
Yumi, a baby food subscription service, raised a $4.1 million seed round from investors including Brand Foundry, August Capital and NEA, reports TechCrunch. The meals arrive in an insulated container, along with ice packs to keep it fresh, and prices start at $50 per week for six meals.
Technology reporter Garrett Reim can be reached at firstname.lastname@example.org. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
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