LA-based tech startups raised over $170M in April: Here are the top 5 rounds

Written by John Siegel
Published on May. 02, 2016
LA-based tech startups raised over $170M in April: Here are the top 5 rounds
With summer right around the corner, a number of LA-based companies reported record rounds of funding. In what could be seen as a comparatively slow month for funding announcements, April saw a number large rounds. 
 

5. 

, $15 million, April 7

Investors: General Catalyst Partners, Lux Capital, Social Capital, TenOneTen Ventures, Bullpen Capital and the Pritzker Group.

Bio: AirMap is a startup that provides drone operators airspace information, letting them know where and when they can fly. In addition to the funding, AirMap announced a collaboration with some of the U.S.'s largest airports that would allow operators to share location of their flights with the airports.

News: The company plans to use funding to accelerate the development of its airspace management tools.

 

4. 

Clutter is conveniently located in the middle of the trendy Hayden Tract in Culver City, minutes from the metro stop and downtown eateries.
, $20.9 million, April 3

Investors: Sequoia Capital

Bio: Clutter is an on-demand app that allows customers to have their things packed, picked up and taken to self-storage.

 

 

3. 

, $21 million, April 20

Investors: General Catalyst Partners, Dag Ventures, Mayfield Fund, Benchmark and Tenaya Capital

Bio: Brighter.com, the Santa Monica-based marketplace where users can rate dentists, lists co-pay rates and schedules appointments.

News: With the funding, the company aims to expand sales and customer service teams.

 

2.

, $30 million, April 21

Investors: PayPal, Rakuten Fintech Fund

Bio: Micro-investing app Acorns allows users to invest spare change automatically from everyday purchases into a diversified portfolio.

News: The company expects to use the round of funding to expand partnerships, as well as growing automated investment features.

 

1. 

, $50 million, April 7

Investors: K1 Investment Management

Bio: The company's content management services help companies build and manage websites.

News: CrownPeak also announced a merger with London-based Active Standards, a company that tests website performance and updates marketing language.

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