A weekly roundup of must-read L.A. tech investments and acquisitions.
DigiTour
$10 Million
Type: Equity
Location: Culver City
Investors: The round was led by Viacom Inc. with participation from LionTree and Slow Ventures.
Description: DigiTour Media is a company that runs events and concerts featuring Internet personalities. The firm produces a series of touring concerts and events with YouTube, Vine, Snapchat and Instagram stars. Launched in 2010, the millennial-focused events drew in over 100,000 attendees last year. The company is looking to leverage Viacom’s television, film and digital reach to aid its growth.
Clutter
$9 Million
Type: Equity
Location: Culver City
Investors: Sequoia Capital
Description: Clutter’s on-demand app allows customers to have their things packed, picked up and put into self-storage. The startup’s staff photographs, barcodes and inventories items before they are packed. The company’s movers and packers are all full-time employees rather than independent contractors. Clutter doesn’t have its own storage space, but sublets space in industrial warehouses. The service is available in New York, Los Angeles and San Francisco. The company has expansion plans for 7 other cities in 2016.
Kaleo
$7 Million
Type: Equity
Location: El Segundo
Investors: The round was led by OMERS Ventures, with participation from Saturn Partners, Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners.
Description: Kaleo is an internal knowledge sharing program for corporations. Employees pose commonly asked questions on the platform for colleagues to answer, which are saved by the software. Training, compliance and human resources programs and documents can also be stored on the platform.
Science 37
$6.5 million
Type: Equity
Location: Westchester
Investors: The round was co-led by Lux Capital and dRx Capital.
Description: Science 37’s NORA app is designed to make clinical trials safer and easier. The app includes a variety of features to guide clinical testing, such as standardized photography protocols, secure video conferencing, surveys, adverse events recording and reminders and alerts for patients and staff.
Technology reporter Garrett Reim can be reached at [email protected]. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
