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Beepi Hits The Deadpool

socalTECH

Beepi , the online used car sales startup which expanded into Los Angeles in 2014, has shut down, according to reports. The Silicon Valley startup had raised more than $150M in funding. The company's $60M funding in 2014 had been focused on expansion to Los Angeles. READ MORE>>.

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L Squared Sells Portfolio Company, Learners Edge

socalTECH

Financial details of the sale were not announced. L Squared said the sale is the fourth exit from its 2014 vintage year fund, and its third exit from the education market. L Squared said the sale is the fourth exit from its 2014 vintage year fund, and its third exit from the education market.

Company 113
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Inseego Gets $20M Loan From Soros, Loses CFO

socalTECH

San Diego-based Inseego , the company until recently known as Novatel Wireless, has received a $20M credit agreement from Lakestar Semi, a private investment fund managed by Soros Fund Management. Newman is being replaced by interim CFO Tom Allen, who had been interim CFO of Novatel Wireless from June 2014 to September of 2014.

San Diego 113
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Digital Family Reunion 2014: Don't Miss This Year's Biggest Holiday Event!

socalTECH

Southern California has had a banner year this year, with a huge number of successful exits, fundings, and more. Tickets are on sale now , but they''re going fast -- so buy your ticket today! Last year, we had over 700 people at the Digital Family Reunion/1st annual socalTECH 50 event. READ MORE>>.

SoCalTech 133
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LoanHero Acquired By LendingPoint

socalTECH

San Diego-based LoanHero , which had offered up a service to help merchants offer up point-of-sale financing options to consumers, has been acquired by Georgia-based LendingPoint. in total funding. LoanHero had been founded in 2014. Financial details of the deal were not announced.

San Diego 113
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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. Founded in 2014, Glossier is widely touted as one of the earliest breakout successes of the DTC model, and raised its Series E last July at a $1.8

CTO Hire 197
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Digital Family Reunion 2014: Less Than A Week To This Year's Biggest Party!

socalTECH

Southern California has had a banner year this year, with a huge number of successful exits, fundings, and more. Tickets are on sale now , so buy your ticket today! socalTECH.com readers can get $20 off the normal ticket price by using the code SCTWEB. Thanks to our sponsors, who are making this year''s event happen!

SoCalTech 157