[ibimage==37758==Original==none==self==ibimage_align-center]
Tastemade to provide video for Facebook
Tastemade, the Santa Monica-based culinary video network, agreed to a content deal with Facebook this week. The social media site is launching a video-publishing service called Anthology and Tastemade was selceted as one of the first video providers. [Facebook Orders up Food Shows: LA Business Journal]
Arena Ventures builds momentum
The West Hollywood VC Arena Ventures has made waves in recent months as it has raised more than $27 million from investors. The venture firm is led by Paige Craig, a former marine who has been running the business out of his apartment. Arena has made investments in startups including Meerkat and Laurel & Wolf. [Angel Investor Hopes Venture FIrm Takes Wing: LA Business Journal]
[ibimage==37759==Original==none==self==ibimage_align-center]
Snapchat eyes IPO
The Venice based picture sharing app is about ready to hit the market. Speaking at the Code conference in Rancho Palos Verde, Snapchat CEO Evan Spiegel alluded to an inevitable IPO. He refused to give a timeframe but claimed it was the next step for the booming business.[Snapchat's Evan Spiegel: 'We Need to IPO': LA Times]
[ibimage==37760==Original==none==self==ibimage_align-center]
Enervee raises $3.7M
Enervee, a Santa-Monica based data and commerce platform raised $3.7 million in funding this week. The company helps shoppers select household appliances and electronics that are energy efficient and eco-friendly. CEO Matthias Kurwig also unvieled that water conserving appliances will soon hit the site for LA. [Built In LA]
[ibimage==37762==Original==none==self==ibimage_align-center]
Brilliant Bikes launches in LA
Brilliant Bicycle Co. launched this week out of Santa Monica while simaltaneously announcing a $1.5 million seed round. The company allows customers to customize their bikes online and assembe them at home, creating an extremely affordable option for the biker on a budget. [Built In LA]
Have a tip for us or want to share news about your company? Email us via [email protected]
