Tech roundup: SAM announces new preaccelerator cohort, Social Bluebook launches mini-IPO and more

April 20, 2017

SAM announces sixth cohort

Stubbs Alderton & Markiles, LLP, a Santa Monica-based law firm and startup resource, announced the roster for its sixth ever cohort today. Swoppit offers Generation Z women 15-24 a social marketplace for recycled clothing. CA$Het allows users to identify, curate and monetize products in movies and TV shows. Tapp That App helps users find awesome new apps, while RentSpree helps apartment hunters streamline the amount of time they spend applying for individual apartments. Finally, Animate Objects is an AR/VR startup that has developed a gamified AR location platform.  [Press Release] announces big acquisition, the leader in online obituaries and funeral information, announced this week it had acquired The move will expand Legacy's offerings to funeral home and newspaper partners. Based in Chicago, Legacy's rapidly growing Innovation Center is based in Calabasas. [Built In LA]


Report: cannabis stereotypes irrelevant, wrong

Civilized, a lifestyle website with offices in LA and St. John's, New Brunswick, Canada (go Sea Dogs!) released the findings of a report this week that saw the company partner with COMPANY to study cannabis users. Unsurprisingly, the study debunked many of the stereotypes associated with marijuana enthusiasts. [Press Release]


Social Bluebook launches "mini-IPO," raises $1M in first few days

Social Bluebook, a social media technology company that builds tools for content creators, announced this week a Regulation A+ initial public offering. Within the first four days, the company reported $1 million of the $12 million they seek had been raised. The company's platform provides content creators with a dollar value that they can use in negotiations with brands. [Social Bluebook]


Validated expands to Southern California

Validated, a Seattle-based startup that partners with local businesses to offer consumers free parking or a ride to the company's location, announced it had expanded to 10 new cities across the US, including LA. The company, which launched out of Techstars Seattle in 2016, will also be expanding to New York, Chicago and Boston, among other cities. [Press Release]


Fundings of the Week

Jaanuu, $5 million

Investors: Sipadan Capital, Innovation Global Capital, Dan Nordstrom (former CEO of and current CEO of Outdoor Research), Deborah Benton (board member of The BouqsCarbon38 and Vow To Be Chic), BAM Ventures, John Suh (CEO of LegalZoom), Ron Burkle (founder of The Yucaipa Companies) and Sean Collins (founder of BCG Digital Ventures)

Jaanu, an El Segundo-based e-commerce startup that develops fashion friendly medical apparel, announced the addition of $5 million this week from a star-studded cast of investors. With the funding, the company plans to build its LA team and focus on developing new products. [Built In LA]

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