USC partners with GoPro
GoPro announced late last week that they have agreed on a content partnership with the USC School of Cinematic Arts. The school will integrate GoPro into its curriculum, through workshops, mentorship, and donation of cameras and equipment. [GoPro, USC Film School In Major Content Partnership: SoCal Tech]
LA gets another on-demand car wash service
Envi launched their public beta in LA this week. The app allows users to order an environmentally friendly car wash for $30. The app is now competing with Squeegy who launched a similar service in August. [Envi Launches (Another) On-Demand Car Wash Service In LA: SoCal Tech]
Time Inc. acquires LA-based HelloGiggles
Time Inc. acquired HelloGiggles, the pop-culture, beauty and lifestyle website led by Zooey Deschanel that promotes a positive community for women. The acquisition is Time Inc.’s latest move in a series of digital ventures, as the publishing company has been investing in small, high-growth digital entities in order to appeal to millennial audiences. [Time Inc. acquires HelloGiggles, Zooey Deschanel’s media startup: Built In]
Match Group Inc. files for IPO
In a move that has long been anticipated, Tinder-owner Match Group Inc. filed for an initial public offering this week. The filing details that $100 million worth of shares will be offered reportedly on the NASDAQ under the ticker code MTCH. [Online dating's big IPO includes Tinder, OKCupid and Match.com: Built In]
Techstars and Cedars-Sinai launch healthcare startup accelerator
Fundings
DigiTour Media, $10 million
Investors: Viacom, LionTree and Slow Ventures
Although not officially disclosed, Re/code reported that DigiTour Media took in a $10 million investment led by Viacom this week. DigiTour Media is an event and concert company that utilizes the fame of internet celebrities. The investment will give Viacom a seat on the companies board of directors. [Viacom Pours $10 Million into DigiTour: LA Business Journal]
Kaleo Software, $7 million
Investors: OMERS Ventures, Saturn Partners, Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners
Kaleo is an El Seguno-based enterprise cloud platform for capturing and sharing employee expertise. Phil Hui-Bon-Hoa, who founded the company in 2012, said in a statement that the funding will be used for product innovation and customer acquisition.
Science 37, $6.5 million
Investors: Lux Capital and dRx Capital
The provider of technology-enabled, clinical research services announced their Series A this week. The funds will reportedly be used to accelerate development and rolling out its operating model. [Science 37 Raises $6.5M: SoCal Tech]
17hats, $4 million
Investors: Wavemaker Partners, Talmadge O'Neill and Harry Tsao of Mezi Media, and Tamim Mourad of PriceGrabber.
The Pasadena-based company creates creates business management software for solo entrepreneurs. The company targets such solopreneurs as photographers, developers, interior designers, consultants and others with their administrative processes. [17hats Finds $4M To Build Tools For Solo Entrepreneurs: SoCal Tech]
