June was a huge month for fundings in LA. Amid a flurry of announcements within the past two weeks, we've sorted the top 5 fundings of the month:
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5. Nativo, $20 million, June 30
Investors: Advanced Vixeid Partners,RezVen Partners
Bio: Nativo is the first scalable native advertising platform. For publishers, the Nativo platform automates the deployment and management of native ad placements.
News: Nativo partnered with the analytics and intelligence company Moat in April of this year.
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5. HomeHero, $20 million, June 30
Investors: Graham Holdings with participation from Social+Capital Partnership, Tencent Holdings Limited and The Launch Fund, Inc.
Bio: HomeHero helps families find, hire and manage quality in-home care for seniors.
News: Alongside the funding news, HomeHero also announced key hires as they begin their expansion.
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3. FreedomPop, $26 million, June 17
Investors: Partech Ventures with participation from DCM Capital and Mangrove Capital. Partech’s General Partner, Mark Menell
Bio: The three-year-old company delivers free and fast mobile services to all Americans.
News: FreedomPop also announced new board members and plans to expand their service.
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2. Dollar Shave Club, $75 million, June 21
Investors: Venrock Capital, TCV Capital and Forerunner Ventures with contributions from Wealthfront, Airbnb, and Instacart.
Bio: Dollar Shave Club sends amazing razors and grooming products to subscribers nationwide for affordable prices.
News: The company was recently featured on CNBC's Disruptor 50 list.
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1. Chrome River, $100 million, June 30
Investors: Great Hill Partners
Bio: Chrome River Technologies, Inc. provides expense reporting and invoice automation solutions that uniquely combine the latest available internet technologies.
News: The company was recently featured on Inc.'s annual list of the fastest growing privately held companies.
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