From new store locations to software that helps businesses thrive, a number of tech startups in LA made waves last week. This is the Built In LA weekly refresh.
Centerfield made two new acquisitions. Now with the professional growth expertise of Business.com and the coupon finder Savings.com, Centerfield has expanded its portfolio of consumer and business guides as it aims to help brands reach in-market shoppers searching for new products and services. [Centerfield]
The RealReal opened a Newport Beach store. Alongside its online marketplace for luxury fashion items, the company has opened another physical store location, offering options for online order and in-store pick-up and more. The 1,100-square-foot space features elements including a consignment office, men’s and women’s fashion, jewelry and watches and home decor. [Press Release]
LA Tech Quote of the Week
Promenade got $11M. As the rebranded version of BloomNation, the SaaS company is expanding its focus to helping grow more local businesses. With the money from its Series B round led by B. Riley Venture Capital, Promenade plans to launch its all-in-one growth platform to provide SMBs with end-to-end enterprise services. Where BloomNation serves florists, Dig-In and Swigg will serve restaurants and liquor stores. [Built In LA]
LeaseLock raised $52M. As security deposits have potential to be a burden for renters and landlords alike, this company found an alternative in lease insurance. With its Series B funding led by investors Westerly Winds and Wildcat Venture Partners, LeaseLock is planning to invest in the development of new products and the further growth of its business. [Built In LA]
Halogen Ventures pulled in $21M. This VC fund focuses on early stage consumer tech startups with women founders. With over 60 companies under its investment belt to date, Halogen has worked to prove its ability of assessing consumer behavior and identifying industry trends. The new funding will enable it to continue its support of women-founded startups. [Business Wire]
