SAM Represents Client HelloTech in Raising $2.5M to Bring On-Demand Convenience to In-Home IT Support

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The on-demand market is quickly expanding.  Most recently, SAM client, HelloTech, a Los Angeles-based IT Company has joined the movement. The company today announced $2.5 million in seed funding from a Upfront Ventures, Accel Partners*, Crosscut Ventures, Amplify.LA, Ron Burkle, and other angels, as well as plans to launch its alpha service in West-LA in April. The company was founded by Richard Wolpert, a former Apple, Disney, and RealNetworks executive, co-founder of the Amplify.la accelerator, and a venture-partner at Accel.

Stubbs Alderton & Markiles, LLP attorneys Scott Alderton and Ryan Azlein represented HelloTech in the transaction.

To view the PandoDaily article regarding the transaction, click here.

For more information regarding our Venture Capital & Emerging Growth practice, contact Scott Alderton at (818) 444-4501 or salderton@stubbsalderton.com

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