LA raised another $260M in January: Check out the top 5 rounds

by Patrick Hechinger
February 1, 2016

According to our 2015 Annual Report, LA is coming off its best funding year ever. And with just over $260 million in capital to kick off 2016, it looks as though the tech industry is surviving the current stock market chaos. Here is a look back at the top five rounds from January 2016:

, $10 million, January 13

Investors: Merrick Ventures, Jumpstart Ventures, OCA Ventures, HLM Venture Partner
 
Bio: mPulse provides consumer-focused mobile engagement solutions for healthcare organizations, creating a streamlined communication channel between the patient and health care provider.
 
News: According to a statement by the company, the funding will be used to enhance their analytic capabilities.  
 
 

, $10.2 million, January 26

Investors: FirstMark Capital, Greycroft Partners, Pritzker Group Venture Capital, along with prior investors Upfront Ventures, BBG Ventures and 1776

Bio: Dubbed the "Uber for kids", HopSkipDrive is a ride service designed to make parents' lives easier. 

News: As one of LA's fastest growing companies, HopSkipDrive announced they will be expanding their operations outside of Los Angeles in accordance with their latest funding round. 

 

, $27 million, January 13

Investors: Verizon, WPP and AwesomenessTV

Bio: Based in Santa Monica, Mitu is a content company home to the internet's largest community of Latinos.

News: The company has over 100 million global subscribers and has partnered with brands like Discovery, Disney's Maker Studios, Televisa, AOL, and Univision.

 

, $50 million, January 20

Investors: Not reported

Bio: Based in West LA, FreedomPop is a wireless Internet provider that delivers 4G mobile broadband for free. 

News: This is FreedomPop's eighth round of funding, totaling more than $109 million. With the newest round, they are continuing their worldwide expansion.

 

, $93 million, January 12

Investors: Kunlun Worldwide

Bio: Grindr is the world's leading matchmaking app for gay, bi or curious men to connect.  

News: Grindr made a splash in the men's fashion industry recently, hosting a livestream of designer J.W. Anderson's newest collection.

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