SaaS
The latest news about software-as-a-service startups in Southern California from dot.LA

Former Cisco executive Shaun Cooley's two-year-old Los Angeles startup is creating a platform to make buildings smarter.

Mapped, which just raised $6.5 million led by Allegion Ventures and MetaProp, helps commercial real estate companies operate their buildings remotely.

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On this week's episode of the L.A. Venture podcast, meet Fika Ventures co-founder TX Zhuo. Fika is a $77-million seed-stage investment fund managed by Zhuo and his partner Eva Ho. The two created the fund with the intention to foster and give back to their community.

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The COVID-19 pandemic forced restaurants, shops, movie theaters and countless other businesses to close. But alongside those closures, a surprising trend emerged: More new businesses formed in 2020 than the year before.

The uptick helped fuel growth for the legal tech company LegalZoom, which helps entrepreneurs start their businesses and provides other legal and tax services.

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