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BlackLine Names New CTO

socalTECH

Los Angeles-based BlackLine , which develops financial controls and automation software, says it has named a new Chief Technology Officer. According to BlackLine, it has named Peter Hirsch as its new CTO, to head up the technology direction of its cloud software platform.

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Midnight Lights Up With $7.5M

socalTECH

Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others.

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Loot Crate Names CTO

socalTECH

Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Downey Ventures, M13, and SterlingVC.

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Oversee.net Names CTO

socalTECH

Los Angeles-based online marketing and domain firm Oversee.net has named Gene Chuang as its new Chief Technology Officer, the company said today. Oversee said that Chuang will be responsible for identifying and building technology platforms for the company. READ MORE>>.

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AvantStay, a platform for kitting out — and then renting out — high-end vacation rental homes, raises $160M

TechCrunch LA

AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. Los Angeles-based AvantStay has been around since 2017 and had only raised $25 million in the last four years.

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Veoh's Shapiro Named CTO Of MySpace Music

socalTECH

Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. MySpace said that Shapiro will be responsible for "all aspects" of technical development for the MySpace Music platform. READ MORE>>.

Veoh 145
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Deluxe Buys Sundog Media Toolkit

socalTECH

Los Angeles-based Deluxe, which provides digital services to the motion picture, television, and digital media industry, said yesterday that it has acquired Sundog Media Toolkit, Ltd., a UK-based provider of a cloud platform for the industry. Financial details of the buy were not announced.

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