Preccelerator Program begins its third class of companies in Santa Monica
Los Angeles (March 6, 2014) Stubbs Alderton & Markiles, LLP is pleased to announce the admission of a new group of companies to join the third class of its Preccelerator Program in Santa Monica. The Preccelerator is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space and access to sophisticated legal services, with the objective of helping start-ups grow their idea from business concept to funded startup.
The new participants include:
CardBlanc – a virtual debit card that unlocks an effortless and secure mobile shopping experience for kids 13 and up.
District2.Co – an online community established to service garment industry professionals who are dissatisfied with the sourcing and supply chain deficiencies in the fashion industry.
GoGet! – an App and Marketplace that helps Store Owners and Consumer Users make money by obtaining a marketing commitment from the Store Owner and giving money in small increments to loyal and new customers in exchange for sharing information.
Rally – creators of an automated kiosk network to rent battery packs to smart phone and tablet users. Rally is a convenient, low-cost and mobile way to charge your device that provides power when you need it, where you need it most.
Team(You), Inc. – a software tool that incentivizes students in classrooms and increases their engagement.
The Program has one additional company that is in stealth mode, and one company from the last class that is continuing with the Preccelerator.
The Preccelerator Program was launched early in 2013 and has had great success with its first and second classes, which resulted in Fleck (fka Splash.io) being accepted into the Portland Incubator Experiment (P.I.E.) for their 12-week incubator program and 3Ten8 joining The Alchemist accelerator program in the Bay area.
About Stubbs Alderton & Markiles, LLP
Stubbs Alderton is a business law firm with robust corporate, public securities, mergers and acquisitions and intellectual property practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Their mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of their Firm.
For more information about the Preccelerator Program and to fill out an application, click here or contact Heidi Hubbeling at (310) 746-9803.
Congratulations to Preccelerator Program company District2 that has received an equity investment from Sacandaga Capital Corporation, bringing its valuation to $3,000,000 and providing valuable cash and expertise to the promising new start-up.