Friday, October 30, 2015
Amplify.LA Kicks Off Fundraising For Third Fund, Amplify.LA Capital III
Venice, California-based startup accelerator Amplify.LA has kicked off fundraising for a third fund, Amplify.LA Capital III, according to a regulatory filing from the firm. The filing indicates the accelerator is targeting $10.0M in funding for the third fund. Amplify.LA is an investor in a host of LA startups, including HelloTech, StackSocial, Vadio, Gem, and many others. The accelerator recently had a high profile exit, in mapping technology developer Mapsense, which was acquired by Apple in September. The startup accelerator, as expected, has not announced any details of its fundraising efforts. Amplify.LA has been one of the driving forces in helping grow the Los Angeles area startup community over the last few years.