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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. READ MORE>>.

Report 145
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Vertical Networks Acquired By Whistle

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Santa Monica-based Vertical Networks , a "mobile-first" content studio which was backed by Snap , has been acquired by New York-based entertainment and sports media company Whistle. Financial terms of the acquisition were not announced. Vertical Networks was founded by Elisabeth Murdoch. READ MORE>>.

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Sensei Ag, Backed By Larry Ellison, Launches AgTech Efforts

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A new, Santa Monica-based startup, Sensi Ag , which was founded by Oracle co-founder Larry Ellison, and Dr. David Agus, founding director of USC's Lawrence J. Ellison owns nearly all of Lana'i, which he purchased in 2014 for approximately $300M.

Oracle 124
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Bird's Electric Scooters May See Competition From Lyft In SF

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Santa Monica-based Bird , the on-demand electric scooter rental service backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures, may be seeing even more competition in San Francisco, after reports that Lyft is hoping to launch its own, electric scooter service in the city.

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Beats' Founders Dr. Dre, Jimmy Iovine In Court Over Headphone Design

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Dre and Jimmy Iovine, the founders of Beats Electronics , the onetime Santa Monica headphone-and-music-service, are in the midst of a lqsuit--and likely, a jury decision--over a lawsuit which claims Dr. Dre and Iovine owes royalties to a businessman work worked with the company back in 2005 and 2006. READ MORE>>.

Design 100
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The Mobile Majority Buys Qualcomm Spinoff Gimbal

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Santa Monica-based The Mobile Majority , the mobile advertising technology developer led by Rob Emrich, says it has acquired Gimbal , the Qualcomm spinout focused on mobile engagement and location intelligence in the retail market. Gimbal was spun out of Qualcomm in 2014, and had started as a project within Qualcomm in 2010.

Mobile 100
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Rightside Acquired By Donuts Inc. For $213M

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the domain name spinoff of Santa Monica-based Demand Media, the company announced on Wednesday. Rightside spun out of Demand Media back in 2014. Donuts Inc. , the global, top level domain (gTLD) registrar and domain owner has Rightside Group Ltd. , The deal is worth approximately $213M, or $10.60 per share in cash.