Trending Sources

Report: Unilever Eyes The Honest Company

socalTECH

Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. READ MORE>>.

Honest Company Cuts 80 Employees

socalTECH

Los Angeles-based Honest Company , the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees --or nearly 14% of the company--in what the company has billed as a "growth positioning". The report was first detailed by WWD.

Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 raised in 15 companies.

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. often see companies burning $100,000 per month (net) looking to raise $6-8 million. ” I highly recommend reading it. Let’s set up a framework. Here’s

Ten Of The Top Tech Companies For Employees In LA

socalTECH

Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. OpenX.

Report: LA Should Emulate San Francisco, NYC For Startup, Tech Efforts

socalTECH

Tech Agenda report, edited by David C. angeles tech agenda report economic growth garcetti The L.A. READ MORE>>.

“Built In L.A.” Releases Its First Los Angeles Digital Startup Report

Tech Zulu Event

As we reported earlier, Built in L.A., It is hard to keep up with the newly formed companies and deals. Built In L.A Board Member.

MarketCast Acquired By Kohlberg & Company

socalTECH

Los Angeles-based MarketCast , a market research company providing research services to the global entertainment industry, has been acquired by Kohlberg & Company , according to reports. Financial terms of the acquisition were not disclosed. READ MORE>>.

Report: Snapchat Raises $175M More

socalTECH

According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. Snapchat has now raised more than $1.2 READ MORE>>.

Report: Disney Will Not Bid On Twitter

socalTECH

A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. will not make a bid for Twitter , which reportedly has been looking to sell the company. Disney had been reported to be looking at Twitter in September. READ MORE>>. disney twitter merger acquisition rumor investment banking

Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. billion raised in the region just a year ago in Q1 of 2015.

Silicon Beach Report Dec. 19: Rubicon Project Tests Tool to Block, Snooze, or Like Ads

L.A. Business Journal

Rubicon Project tests tool to block, snooze, or like ads, Snapchat gives celebrities no special treatment, and Elon Musk proposes a tunneling company

Silicon Beach Report Jan. 9: Court Approves British Company’s Bid for Bankrupt Nasty Gal

L.A. Business Journal

Court approves British company’s bid for bankrupt Nasty Gal, SpaceX delays rocket launch one week, telemedicine platform SnapMD raises $3.25 Series A extension, and more

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

Web 9

Report: Snapchat Acquires Bitstrips For Around $100M

socalTECH

Fortune citing multiple sources, says the companies refused to comment on the deal. READ MORE>>.

ServiceNow Wins Israeli Telecom Company

socalTECH

San Diego-based enterprise IT management provider ServiceNow reported a win today with Israeli telecommunications provider Partner Communications Company Ltd. Financial details of the win were not announced. Partner Communications service more than 3 million cellular subscribers in Israel, under the Orange brand. READ MORE>>.

Report: Flipagram Looking For Buyer

socalTECH

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. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed. READ MORE>>.

Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.

Three LA Companies Pursuing Gawker Media

socalTECH

Three, Los Angeles area media companies-- Univision , Ziff Davis (a unit of J2 Global) and Penske Media --have all been named as possible bidders on bankrupt, Silicon Valley publication Gawker Media , according to reports today, which say Ziff Davis has submitted a $90M bid for the company. READ MORE>>.

Remember The Phone Company? It’s Back And It’s Called Facebook

InfoChachkie

Quick - name a phone company. Yep, Facebook is a phone company. The post Remember The Phone Company? AT&T? Verizon?

Explaining FNAC: Feature, Not a Company

Both Sides of the Table

Feature, not a company. Whether something is a feature or a company is clearly subjective. It has always stood out in my mind. Why? 1.

Music Reports In Expansion

socalTECH

Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. The company said it now has more than 100 employees. Music Reports is backed by ABRY Partners. READ MORE>>.

Once High Flying Ouya On Block, Says Reports

socalTECH

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. OUYA is led by Julie Ehrman. READ MORE>>.

Silicon Beach Report Oct. 13: Hyperloop One Raises $50 Million

L.A. Business Journal

Hyperloop One raises $50 million, Soylent tells customers to throw away vomit-inducing bars, Atari’s Nolan Bushnell launches virtual reality company, and more

Snapchat Selects Morgan Stanley, Goldman Sachs To Lead IPO, Says Report

socalTECH

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. READ MORE>>.

MySetLife Adds Content From Hollywood Reporter, FilmContact.com

socalTECH

mysetlife hollywood reporter producer content filmmaker investedinDetails of the business arrangements with those firms was not announced.

Spokeo Hits 150 Employees, Reports Growth

socalTECH

Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. READ MORE>>.

Tech Coast Angels Number Two In Angel Investments Report

socalTECH

According to the report, the Tech Coast Angels slipped from last year''s number one position, due to the activity of the New York Angels.

Report: IPO Fever Lifting Valuations, Slowing M&A

socalTECH

A report today says that "IPO fever" is lifting valuations of technology companies, while slowing the pace of mergers and acquisitions.

Silicon Beach Report Aug. 23: STX Entertainment Acquires Virtual Reality Company Surreal

L.A. Business Journal

STX Entertainment acquires virtual reality company Surreal, Google Daydream to use Hulu VR content, Disney Movies Anywhere integrates with Verizon Fios, and more

Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals

Xconomy

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today.

Report: Honest Co. Prepping For IPO, Hires Bankers

socalTECH

A report Friday from Bloomberg says that Los Angeles-based Honest Co. The report says that Honest Co.'s Honest Co. billion. READ MORE>>.

Los Angeles Has 5 Percent Of All Unicorns, Says Report

socalTECH

Los Angeles has 8 percent of all the "unicorn" companies globally, according to a new study released Wednesday by the University of Southern California's Marshall School of Business. The school said the study companies as a unicorn if they exceeded a value of $1 billion during any month between January 2014 and the end of 2015.

Study 20

Report: Lynda.com Tops $70M In Annual Revenues

socalTECH

The new revenue numbers came via TechCrunch. READ MORE>>. lynda instruction online video help tutorial education

Report: Snapchat Looking To Raise $4 Billion In IPO

socalTECH

Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information. READ MORE>>.

Report: Hulu Hires Guggenheim Partners To Sell Company

socalTECH

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

Los Angeles Accelerator Report Card: Too Early To Tell

socalTECH

For our first measure, we tabulated the venture capital raised by accelerator firms --that is, companies that are tied to local accelerator/incubators.

Follow the Leader | California Regulators Approve Transportation Ridesharing Companies

Tech Zulu Event

The post Follow the Leader | California Regulators Approve Transportation Ridesharing Companies appeared first on TechZulu.

Ross Levinsohn Named Head of The Hollywood Reporter

socalTECH

THR said that Levinsohn will be in charge of identifying new media businesses in which the global financial services company can invest -- or acquire.

Music Reports Inks Major Deal With Pandora

SoCal Tech Calendar

Woodland Hills-based Music Reports , which provides music rights administration services to the music industry, has inked a big deal with streaming music service Pandora. According to Pandora, it has tapped Music Reports to manage the mechanical licensing and royalty administration for its upcoming interactive streaming service.