LA entrepreneurs get a lift from new venture fund TYLT Lab
A couple of Los Angeles-based entrepreneurs have launched a small venture fund to seed Southern California startups. TYLT Lab said today that it had secured commitments for $20 million. The Santa Monica-based firm had previously filed a report with the SEC on Feb. 28 showing that it had closed on $2 million. TYLT plans to make 12 to 14 deals of $50,000 to $2 million each. Its first two investments were in Cargomatic and PogoSeat.
11 March 2014•3 mins read
