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One of 10 Venture Dollars Flowed Through Los Angeles in 2020

"The unprecedented macro events of 2020 did not deter the overall VC industry, which reached another banner year across the venture cycle."

The year 2020 was a banner year for venture fundraising and it doesn't appear to be slowing down. But most capital went towards bigger firms, harming efforts by women and founders of color to gain a toehold in the industry. Senior Reporter Ben Bergman has the story.

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LA VCs End Record Year on a High Note

At least one out of every 10 venture investment dollars flowed through Los Angeles, which continued to demonstrate its heft as a tech hub, trailing only the Bay Area in total deal value. Read more>>

March Capital Oversubscribes New Fund to Double Down on Enterprise

The Santa Monica-based firm closed its third fund, a $450 million vehicle to double down on enterprise software companies in artificial intelligence, industrial technology, cybersecurity, financial technology and cloud infrastructure. Read more>>

Podcast App Breaker Gets a New Life in LA

Maple Media acquired the popular podcast aggregator Breaker for an undisclosed amount after the app had reportedly been ready to shut down. Breaker hosts more than 700,000 shows. Read more>>

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