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OpenX Reports More Than $170 Million in 2017 Revenue

L.A. Business Journal

OpenX, a Pasadena-based programmatic advertising technology company, announced $172 million in 2017 revenue in a March 13 report. In addition, OpenX invested $50 million into research and development this past year.

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Amplify.LA: LA Sees Landmark Year In 2017

socalTECH

Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year". In the report, Amplify.LA

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Sir Richard Branson Out At Virgin Hyperloop One

socalTECH

Sir Richard Branson is out as the Chairman of Los Angeles-based Virgin Hyperloop One , the developer of high speed, "hyperloop" transportation technology, the company said on Monday. Reason for the departure was not given, however, according to reports , the move officialy was because Hyperloop One needs a "more actively involved leader".

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Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

socalTECH

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M percent from Q1 of 2017. in seed funding in Q1, which was up 2.5 READ MORE>>.

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How To Get Your Startup Funded - Tips From Entrepreneur and Renowed Angel Investor Jason Calacanis

SoCal Tech Calendar

Tuesday, September 26, 2017 -- How To Get Your Startup Funded - Tips From Entrepreneur and Renowed Angel Investor Jason Calacanis. Jason Calacanis founded Silicon Alley Reporter, Weblogs Inc, Mahalo, and Inside.com. He turned down a $20 million offer for Silicon Alley Reporter.

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Down bad

TechCrunch LA

Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. I think it’s a technology that is now wrapping all asset classes,” Dorman said.

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Reflections on 2016: Michael Terpin, Transform Group

socalTECH

All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. Michael--despite a recent move to Puerto Rico--is a longtime fixture of the LA technology community, having founded Marketwired here, and is an expert on Bitcoin. He's also a very active angel investor.