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

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

Ten Of The Top Tech Companies For Employees In LA

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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.

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

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.

Uber: Transportation Service or Big Data Company?

Tech Zulu Event

This is the reason many view Uber as a company that specializes in big data. The post Uber: Transportation Service or Big Data Company?

Southern California Companies Raise $2.49 Billion In VC In Q2

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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.

“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.

Three LA Companies Pursuing Gawker Media

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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>>.

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

Tech Coast Angels Number Two In Angel Investments Report

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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.

MySetLife Adds Content From Hollywood Reporter, FilmContact.com

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

Los Angeles Has 5 Percent Of All Unicorns, Says Report

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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.

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ServiceNow Wins Israeli Telecom Company

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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>>.

Once High Flying Ouya On Block, Says Reports

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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>>.

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>>.

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?

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.

Spokeo Hits 150 Employees, Reports Growth

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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>>.

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.

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Ross Levinsohn Named Head of The Hollywood Reporter

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

Yahoo 14

Music Reports In Expansion

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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>>.

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

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

Report: Hulu Hires Guggenheim Partners To Sell Company

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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.

Southern California Accelerator Report Card: Q1 2013

socalTECH

For our first list, we tallied the venture capital raised by portfolio companies of. companies in the last year. Our analysis.

Report: IPO Fever Lifting Valuations, Slowing M&A

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

Yardi Wins Property Development Company

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Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Financial impact of the win was not disclosed. Yardi said Pennrose is using its software to handle HUD compliance, online leasing, and check scanning, among other functions. READ MORE>>.

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.

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Report: Los Angeles, New York Better For Female Founders

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A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. READ MORE>>. female founders investment entrepreneur founded venture capital

Report: Fidelity Writes Down Investment in Snapchat

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A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.

Silicon Beach Report Aug. 15: Snapchat to Acquire Search Engine App Vurb for $100M

L.A. Business Journal

companies bidding for Gawker Media, FireFly Games Raise $10 million, and more Snapchat to acquire search engine app Vurb for $100 million, three L.A.

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Reports: Lumedyne Technologies Acquired By Google

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San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. The deal reportedly happened in November, and was worth $85M. The company was founded by Brad Chisum and Dr. Richard Waters. READ MORE>>.

Lytx Wins Michigan Trucking Company

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San Diego-based Lytx , which develops camera-based driver monitoring systems for the fleet transportation market, reports a win this morning with a Michigan based trucking company, Martin Transportation Systems. Lytx said Martin will use its DriveCam products for its 1,3000 drivers. Financial impact of the win was not disclosed.

Report: Western Digital, Other Hard Drives Compromised By Spy Group

socalTECH

A report, published this morning, says that hard drives from Lake Forest-based Western Digital , as well as those from fellow hard drive companies Maxtor, Samsung, IBM, Micron, Toshiba, and Seagate--had secretly been compromised by a secretive hacking group linked to the US intelligence community. READ MORE>>.

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Report: Snapchat Raising $100M

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READ MORE>>. snapchat venture capital rumor valuation photo messaging mobile

Ad Tech Falls Out Of Favor, Says Report

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Ad tech companies, once the darling of Sand Hill Road, are having a hard time even getting a meeting , according to the report. Venture capitalists, who once were pouring money into the advertising technology area, have shut off the spigot for ad tech--according to an article in the WSJ this week. READ MORE>>.

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Amazon Plans Set-Top TV Box, Says Report

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report today from Bloomberg says that Amazon.com is planning to release its own, set-top TV box later this year, which will bring the company''s streaming video services directly to living rooms. The new set-top box looks to fulfill a role for video that the company''s Kindle e-readers do for books. READ MORE>>.

At “The Vine,” Developer Builds a Vertical Campus for Tech Startups

Xconomy

For example: Can a 20-story office tower serve as a “vertical campus” and innovation hub for local tech companies? John “J.T.”

SoCal's Online Video Companies Weigh In On Gangnam Style Earnings

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Based on recent figures from a number of Southern California's online video companies, anything from $870,000 to $1.7M. READ MORE>>.

Patrick Soon-Shiong Eyes LA Times, Says Report

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Patrick Soon-Shiong , the biotech billionaire behind LA's NantWorks family of companies, is reportedly eyeing a bid for the LA Times.