This Week in ‘Raises’: Total Network Services Gains $9M, Autio Secures $5.9M
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
It has been a slow week in funding, but a local decentralized computing network managed to land $9 million to accelerate deployment of its new product called Universal Communication Identifier (UCID™). Another local company that secured capital included Kevin Costner’s location-based audio storytelling platform and the funding will go toward expanding the app’s content library and expanding into additional regions in the United States.
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Venture Capital
Total Network Services (TNS), a Carlsbad-based decentralized computing network, raised $9 million in a Series A investment led byDeal Box Ventures.
Santa Barbara-based location based audio storytelling app Autio raised $5.9 million in a second seed round led by iHeartMedia.
Mate Fertility, a Los Angeles-based fertility clinic raised $4.2 million out of $5 million for its Series A funding round led by
GIADZY, Inc., a Los Angeles-based online retailer and media company raised $3.1 million in funding, per an SEC filing.
Superfiliate, a Los Angeles-based marketing platform raised a $3 million seed funding round led by Hawke Ventures.
Per an SEC filing, Burbank-based digital media platform Electric Monster Media, Inc. raised $2 million in funding.
Los Angeles-based consumer privacy platform PrivacyHawk Inc. raised $1.5 million in funding, per an SEC filing.
Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).
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Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
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