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

socalTECH

billion across the region in Q3 of 2015, according to the latest numbers released by the PricewaterhouseCoopers/NVCA MoneyTree survey, based on data from Thomson Reuters. billion invested across Southern California for all of 2015. However, the report found that the $47.2 in 108 deals. in 108 deals. There has now been $4.93

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ZipRecruiter CMO Resigns After Report On Alleged Sexual Misconduct

socalTECH

According to the report, Gutentag had been terminated from his job at Uber in 2015, over an alleged sexual battery incident, before later joining ZipRecruiter as CMO. Eyal Gutentag reportedly resigned on Friday.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. times) since 2015, compared to 3.1 times) from 2015 to 2020. billion into U.S.

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Patrick Soon-Shiong To Buy LA Times, Says Report

socalTECH

Biotech mogul and billionaire Dr. Patrick Soon-Shiong has agreed to acquire the Los Angeles Times from current owner Tronc , according to a report from the Washington Post on Tuesday afternoon. Soon-Shiong had attempted to acquire the LA Times back in 2015. The Washington Post quoted "people involved in the deal" for the news.

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San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

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Reports: Harvest.Ai Acquired By Amazon

socalTECH

in funding from Trinity Ventures back in March of 2015. San Diego-based Harvest.ai , a developer of software that uses machine learning and artificial intelligence to prevent data loss from enterprises, has reportedly has been acquired by Amazon.com. The company was reportedly acquired for around $20M. Harvest.ai had raised only $2.3M

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Report: Flipagram Looking For Buyer

socalTECH

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Flipagram is venture backed by Index Ventures, Kleiner Perkins Caufield and Byers, and Sequoia Capital, and raised a bit $70M funding round in 2015. READ MORE>>.

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