Los Angeles tech companies raised $1.2 billion in June, and matching that figure would have been an uphill climb.Still, fundraising picked up in the end stretch of July, with LA-based businesses bringing in more than $660 million in funding for the tech scene proper.
Pocket.watch, a Culver City-based media company that develops kid-friendly content, announced the closing of a $15 million Series B this morning, as well as a strategic partnership with the round's leading investor, Viacom.