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

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Published on May. 02, 2016
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. 

, $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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