socalTECH

SEPTEMBER 20, 2019

Goleta-based Procore , the develops of mobile-enabled, construction management software led by Tooey Courtemanche, appears to be headed for an IPO, and reportedly has hired Goldman Sachs to lead its IPO, according to a report. Tiger Global, Bessemer Venture Partners, Great Pacific Capital, and ICONIQ Capital.

Report 113

Report Invest Software Mobile 113

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report. TikTok is the target of efforts by the U.S.

Report 113

Report Acquisition Los Angeles Sales 113

TechCrunch LA

MARCH 22, 2018

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

socalTECH

JANUARY 25, 2017

San Diego-based Ad-Juster , a developer of automated reconciliation and reporting software for the digital ad market, was recently acquired by Chinese investor Innotech Capitals. Ad-Juster and Innotech Capitals said that Ad-Juster will retain its current management team and business model. READ MORE>>.

Capital 100

Capital San Diego Acquisition Report 100

socalTECH

OCTOBER 14, 2010

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 in investments. in funding.

Southern California 195

Southern California Venture Capital Orange County Rustic Canyon 195

socalTECH

SEPTEMBER 10, 2018

Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot , an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. Pixellot has now raised more than $40M in funding.

Artificial Inteligence 100

Artificial Inteligence Capital Funding Organization 100

socalTECH

JUNE 6, 2018

Playa Vista-based Science37 , which develops technology to allow pharmaceutical companies to conduct clinical trials at patients' homes, is reportedly raising around $130M in a funding round from Softbank, according to a report this morning. The round, a Series D, appears to value to company at around $300M. READ MORE>>.

Report 113

Report Technology Google Capital 113

socalTECH

SEPTEMBER 10, 2014

Los Angeles-based mobile dating app developer Tinder is in the midst of raising a big round of funding, according to an unconfirmed report today. The report --from TechCrunch--says the deal values Tinder at between $750M and $1 billion. tinder venture capital dating mobile rumor' READ MORE>>.

Report 174

Report Incubator Venture Capital Mobile 174

socalTECH

DECEMBER 18, 2017

A report this morning says that Los Angeles-based Virgin Hyperloop One is getting set to announced a new, $50M investment, and will be installing Sir Richard Branson as its new chairman. The funding reportedly came from Caspian Venture Capital and DP World; the company had not yet formally announced the funding.

Report 124

Report Venture Capital Los Angeles Ideas 124

socalTECH

FEBRUARY 14, 2017

Vadio , a startup which had been developing software to synchoronize music and advertisements with online videos, is winding down, according to a number of reports on Tuesday. The company had been backed by Mucker Capital, Amplify.LA, as well as along list of local Southern California angel investors.

Report 113

Report Southern California Advertising Los Angeles 113

socalTECH

OCTOBER 9, 2012

Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. READ MORE>>.

Tech Coast Angels 140

Tech Coast Angels Capital Miramar Pasadena Angels 140

socalTECH

APRIL 11, 2014

Los Angeles-based Tinder , the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. tinder venture capital investment social networking dating mobile snapchat' Bloomberg cited "people with knowledge of the deal." READ MORE>>.

Report 190

Report Snapchat Social Network Venture Capital 190

socalTECH

DECEMBER 16, 2016

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Flipagram is venture backed by Index Ventures, Kleiner Perkins Caufield and Byers, and Sequoia Capital, and raised a bit $70M funding round in 2015. READ MORE>>.

Flipagram 100

Flipagram Report News Los Angeles 100

socalTECH

AUGUST 19, 2014

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. The report came from TechCrunch. Amount of funding, and the investors involved, have not been disclosed.

SpaceX 164

SpaceX Report Funding Hawthorne 164

socalTECH

JULY 18, 2013

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. The report comes every quarter from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. in investments across 90 deals. invested across 45 companies.

Southern California 187

Southern California Venture Capital Tech Coast Angels Capital 187

socalTECH

DECEMBER 1, 2011

San Diego-based SweetLabs , the developer of the Pokki desktop app software, reported Wednesday that it has awarded $50,000 in its Pokki Challenge, a contest for encouraging developers to create desktop applications using HTML5.

Develop 124

Develop Development San Diego Google 124

socalTECH

JULY 25, 2019

Los Angeles-based web application security software developer Signal Sciences says that it is seeing strong revenue growth, as it grows its headcount by nearly 100 employees just in the past year. The startup is backed by Lead Edge Capital, CRV, Index Ventures, Harrison Metal and OATV.

Report 150

Report Web Software Development Los Angeles 150

socalTECH

APRIL 20, 2012

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. The Verge, which first reported the news, said that Chumby's employees are now working for Technicolor, and the firm is looking to sell off its technology. READ MORE>>.

Report 157

Report Avalon San Diego News 157

socalTECH

AUGUST 6, 2020

Los Angeles-based HONK Technologies , which develops a roadside assistance and towing app, and is led by tech entrepreneur Corey Brundage, says it has saw a 54 percent increase in the number of roadside assistance calls in the first six months of 2020. Brundage had previously founded such companies as SendLove.to and Fonality. READ MORE>>.

Artificial Inteligence 113

Artificial Inteligence Report Demand Los Angeles 113

socalTECH

JANUARY 19, 2015

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google , according to reports Monday, as Google seeks to get into the space business. Neither SpaceX nor Google have commented on the rumors, which were first reported by The Information. READ MORE>>.

SpaceX 100

SpaceX Google Report Invest 100

Xconomy

APRIL 23, 2019

Now, the industry has entered a crucial phase where blockchain developers need to overcome the limitations of the technology and find use cases that will win widespread adoption by businesses and organizations.

Report 98

Report Pricing Organization Technology 98

socalTECH

OCTOBER 14, 2016

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. According to the report, there were 71 deals worth a total of $663.2M

Southern California 100

Southern California Orange County Report Santa Barbara 100

socalTECH

APRIL 29, 2015

Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. The effort comes despite a funding from Alibaba in January.

Report 100

Report Santa Monica Sales Funding 100

socalTECH

OCTOBER 25, 2016

Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. READ MORE>>.

Report 100

Report Los Angeles Funding Technology 100

socalTECH

APRIL 3, 2018

A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market.

Southern California 113

Southern California Report Snapchat Venice 113

socalTECH

AUGUST 26, 2021

Los Angeles-based mindfulness app developer Headspace is merging with mental health app developer Ginger, in a deal that reportedly values the combined company at around $3 billion. Headspace has previously raised funding from blisce, Waverly Capital, Times Bridge, The Chernin Group, Spectrum Equity and Advancit Capital.

Equity 113

Equity Los Angeles Report Capital 113

TechCrunch LA

OCTOBER 28, 2020

These late-stage, traditionally pre-IPO investors joined NewView Capital, Battery Ventures, Greycroft, Revolution Growth and Highland Capital Partners in the funding, which values the company at $3.3 If we want to be the leading company in the space, we have to be capitalized like the leading the company in the space.”

Los Angeles 252

Los Angeles Mobile Platform Entertainment 252

socalTECH

MARCH 20, 2012

Irvine-based Broadcom is getting set to announced a $200M acquisition of Israeli communications chip developer Broadlight , according to multiple reports this morning. Broadlight is based in Herzliya, Israel, and develops fiber optic communications chips. READ MORE>>.

Report 124

Report Venture Capital Acquisition Capital 124

socalTECH

NOVEMBER 23, 2020

Los Angeles-based 3D printed rocket developer Relativity Space has closed $500M in Series D funding, the company disclosed Monday morning, saying it will use the new funding to accelerate commercialization, production scaling, and its long term development. READ MORE>>.

Funding 124

Funding Research Los Angeles Capital 124

socalTECH

MARCH 20, 2017

Pasadena-based ShadeCraft , which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and details of that funding have not been announced.

Report 113

Report Seed Funding Pasadena Activity 113

socalTECH

JANUARY 26, 2022

Los Angeles-based ServiceTitan, which develops software-as-a-service products to help home service and contractors manage their business and service calls, is reportedly looking to file for an IPO. According to reports, the company has "kicked off preparations" for an IPO in early 2022. billion earlier this year.

Report 113

Report Acquisition Los Angeles Services 113

socalTECH

JUNE 19, 2012

Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market. According to reports , the firm expects to price its IPO as late June. The firm is venture backed by JMI Equity and Sequoia Capital. READ MORE>>.

Report 145

Report Southern California San Diego Equity 145

SoCal CTO

JANUARY 26, 2010

What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. But often the result of a Founder hiring a developer or lead developer or even a VP engineering is a gap created between the founders and the developers. How will we find and interview developers?

Fractional CTO 225

Fractional CTO CTO CTO Hire CTO Coach 225

Tech.Co

MAY 16, 2024

In addition to the regular pressures of running a business in this climate, Black business owners have to contend with discriminatory lending practices from banking institutions and racial prejudices from buyers – with a recent report revealing that 76% of Black business owners claim they’ve experienced racism from a customer.

Design 225

Design Commerce Entrepreneur News 225

socalTECH

JUNE 21, 2012

Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

Rustic Canyon 124

Rustic Canyon Report Sales Capital 124

socalTECH

OCTOBER 27, 2010

San Diego-based Phenomix , adeveloper of diabetes drugs, has shut down, according to reports. The firm--which was developing drugs to help treat diabetes--apparently has laid off most of its staff, and is looking for a buyer for the assets. The news of the shutdown was first reported by Xconomy.

Report 124

Report San Diego News Acquisition 124

socalTECH

JULY 21, 2021

Los Angeles-based accounting software developer FloQast said this morning that it has raised $110M in its Series D funding round, with its latest valuation putting the company into unicorn territory, at $1.2 The company develops financial close management software, used for financial reporting.

Redpoint 113

Redpoint Software Development Los Angeles Software 113