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Southern California Startups Raise $761.12M in Q2 2014

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The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Image courtesy Bigstock. READ MORE>>.

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Report: Fisker Delays Plug-In Sedan Until 2014

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Irvine-based Fisker Automotive has delayed the release of its plug-in hybrid car, the Fisker Atlantic, until at least 2014, according to Green Car Reports. News of the delay came at a news conference Monday. Fisker had originally said it would start shipping the Atlantic (formerly Project Nina) in 2012. Fisker has raised more than $1.2

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Report: Snapchat Only Had $3M In Revenues Between January and November of 2014

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Venice-based instant messaging startup Snapchat , arguably Southern California's highest visibility "unicorn" startups, had a mere $3M in revenues between January and November of 2014, according to leaked documents published on Gawker. Snapchat was most recently reported to have a valuation north of $16 billion. READ MORE>>.

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ZipRecruiter Approaches Unicorn Territory, Reportedly Raises $50M More

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Santa Monica-based online employment marketplace ZipRecruiter has reportedly raised $50M in a Series B funding round, which values the company just shy of $1 billion, according to reports this morning. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP.

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Report: Sexual Misconduct, Harassment Common For Zeel Therapists

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Zeel , the on-demand, massage service which launched in the Los Angeles area back in 2014, is facing accusations that the company has been tolerating sexual misconduct and harassment of its massage therapists. READ MORE>>.

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BlackLine Reports 60 Percent Rise In Revenues

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Los Angeles-based financial software developer BlackLine Systems , which develops financial close automation software, reported yesterday that its revenues were up nearly 60 percent in the second quarter of 2014, compared to the prior year.

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Report: Majority of Snapchat's Audience Are Millenials

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It should not be a surprise to users of Snapchat , however, a new report confirms that the majority of Snapchat''s audience are Millenials. According to the U.S. comScore aid it found that Snapchat was the youngest social network among the ones it tracks.

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