TechFair LA 2018
SoCal Tech Calendar
MARCH 2, 2018
Thursday, March 8, 2018 -- TechFair LA 2018. Over 250 most prominent tech companies in attendence along with 10,000+ job-seekers in Engineering, Product, Sales, Marketing, Design and more attending.
Technology Services World (TSW) 2018
SoCal Tech Calendar
MAY 1, 2018
Monday, May 7, 2018 -- Technology Services World (TSW) 2018. Learn how technology companies are leveraging the expertise of both their Sales and Service teams to land, retain, and grow customers. TSW is an unrivaled source of peer learning, networking, and idea sharing. See [link] (more)
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Trending Sources
Turtle Beach Sees Record Retail Sales
socalTECH
MAY 26, 2020
San Diego-based gaming headset maker Turtle Beach Products says it is seeing "record" retail sales in April, as a result of an industry-wide increase in gaming accessories. According to the company, its retail sales in April were more than double the brand's prior all-time high from April 2018.
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Reflections on 2018: Rob Freelen, Silicon Valley Bank
socalTECH
DECEMBER 27, 2018
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. In 2018, many of them sold their companies or raised massive equity rounds. What was the biggest news for your company in 2018?
Etsy Is Boosting Seller Transaction Fees By 30%
Tech.Co
FEBRUARY 25, 2022
Ecommerce company Etsy is hiking its transaction fees for sellers for the first time since 2018. for each sale. The transaction fee was last upgraded in 2018, when it went from 3.5% ” The fee hike also applies to shipping as well as to the product sale itself. Why the increase? Running an Ecommerce Business.
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Clearlake Capital Sells Provation
socalTECH
DECEMBER 6, 2021
Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.
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Beyond Meat prices its public offering
TechCrunch LA
APRIL 22, 2019
Beyond Meat , the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has priced its initial public offering. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75 million a year earlier.
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This Woman’s Company Should Have Been Named After Her, Not Her Husband
InfoChachkie
MARCH 2, 2019
Though she was the de facto leader of the company, America of the last century was not ready to accept a female led company. Matson resigned and sold his shares to Ruth and Elliott less than two years after the company’s founding, due to health issues. million 2018 dollars. Ruth’s Big Innovation.
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Digital Motors Names VP
socalTECH
SEPTEMBER 4, 2020
Irvine-based Digital Motors , which develops an online car sales platform for car dealers, said this week that it has named Paul Edmonds as its VP of Customer Success. The company says Edmonds will head up its sales and service teams. The company says Edmonds will head up its sales and service teams.
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Blackline Names Chief Revenue Officer
socalTECH
JANUARY 7, 2021
Los Angeles-based accounting software developer Blackline has promoted Mark Woodhams to the position of Chief Revenue Officer, the company said on Wednesday. BlackLine develops software which automates account reconciliation and other typically manual operations for accounting departments.
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113 AeroVironment Names COO
socalTECH
JUNE 4, 2020
Karklin had been Senior Vice President of the company since December of 2018. According to AeroVironment, he now oversees sales and business development, emerging businesses, product line management, engineering, manufacturing operations, program management, corporate quality and related support functions.
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Arrowroot Capital Sells Stake In SocialChorus
socalTECH
JULY 27, 2020
Santa Monica-based private equity investor Arrowroot Capital Management says it has completed its sale of its interest in SocialChorus , to another private equity investor, Sumeru Equity Partners. Financial details of the sale were not announced. Arrowroot Capital said it will continue to own a minority interest in the company.
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RateMyAgent Raises $7M For U.S. Expansion
socalTECH
AUGUST 26, 2020
According to the Australian company, the funding will go towards its growth efforts in the U.S. The company said the new funds will go out to build out its U.S. sales and support team. The company's U.S. Source of the funding was not announced. real estate market. READ MORE>>.
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Trovata.io Names New Executives
socalTECH
MARCH 19, 2019
San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. The company said it has named Joseph Drambarean as Chief Technology Officer and Dave McCutcheon as Vice President Sales. Trovata is backed by J.P.
Seismic Names VP
socalTECH
SEPTEMBER 10, 2020
San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.
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Glossier just laid off one-third of its corporate employees, mostly in tech
TechCrunch LA
JANUARY 26, 2022
The email recounts some of the company’s recent mistakes, including prioritizing strategic projects that “distracted” the company from its core beauty business and that executives “got ahead of ourselves on hiring.”. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.
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197 Mindbody's Stollmeyer Shift To Executive Chair
socalTECH
JULY 9, 2020
According to the company, it has appointed current President Josh McCarter to CEO. McCarter has been at Mindbody sine 2018, when Mindbody acquired Booker Software, a cloud-based spa and salon business management company where McCarter had served as CEO. The appointment will be effective on August 1st.
Meet the 25 Startups Competing at SXSW Startup Night 2018
Tech.Co
MARCH 1, 2018
And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. Once uploaded, the company safeguards the data in their secure cloud.
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HyreCar Raises $10.5M In Public Offering
socalTECH
JULY 19, 2019
The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform. HyreCar had a small IPO back in June of 2018. READ MORE>>.
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RealD: Marvel Studios' Avengers: Endgame Biggest 3D Opening Of All Time
socalTECH
APRIL 29, 2019
According to RealD, an estimated $540 million in ticket sales was generated by the 3D format. RealD will benefit from those sales: the company's business model revolves around taking a cut of each, 3D ticket sale in a movie theater. READ MORE>>.
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Inseego Adds Board Member
socalTECH
OCTOBER 2, 2020
According to the company, it has increased the number of directors on its boards from five to six, and added Christopher Lytle to the board. The company had previously attempted to split its wireless device and IoT business, but had its plans quashed by inability to receive government approval for the sale to an overseas investor.
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Amgen Acquires Otezla for $13.4 Billion
socalTECH
AUGUST 26, 2019
According to Amgen, the deal is part of Celgene's previously announced merger with Bristol-Myers Squibb Company. billion in sales in 2018. Amgen said it expects low double-digit sales growth for Otezla over the next five years. Amgen said the acquisition will accelerate both its near- and long-term revenue growth.
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HyperX Hits 60M Memory Modules Shipped, $550M Yearly Revenues
socalTECH
OCTOBER 15, 2018
The company said it projects that it will have more than $550M in revenues in 2018. The $550M revenue number includes all products, including its sales of headsets, keyboards, and mice. Fountain Valley-based HyperX , the gaming division of Kingston Technology, says it has now shipped over 60 million memory modules since 2002.
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133 Honey Acquired By PayPal For $4 Billion
socalTECH
NOVEMBER 21, 2019
PayPal said the acquisition will help it in its efforts in digital commerce, and add an "extensive" set of consumer commerce capabilities to the company. PayPal said that the acquisition will "transform the shopping experience" for its consumers and also increase sales and customer engagement for its merchants. READ MORE>>.
Super League Gaming Heads For IPO
socalTECH
FEBRUARY 25, 2019
Santa Monica-based Super League Gaming , which operates its own e-sports competition site and community, is headed for the public markets, hoping to raise as much as $31.36M for the company, according to a regulatory filing by the firm.
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113 Super League Gaming Sees IPO, But Drops In Debut
socalTECH
FEBRUARY 26, 2019
The company now trades on the Nasdaq as SLGG. The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. Santa Monica-based Super League Gaming had its IPO on Tuesday, debuting at $11.00 Super League Gaming is led by President and CEO Ann Hand.
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Platinum Equity Sells Verra Mobility To Gores For $2.4 Billion
socalTECH
JUNE 21, 2018
Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc.,
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ServiceTitan Taps Intuit, Sony PlayStation Veteran As CMO
socalTECH
MARCH 4, 2019
Los Angeles-based ServiceTitan , which develops software used to manage residential home service businesses, announced this morning that it has named Guy Longworth as the company's first Chief Marketing Officer. According to ServiceTitan, Longworth has more than 30 years of sales and marketing experience. READ MORE>>.
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Meet the Investors & Tech Leaders Judging at Startup Night SXSW 2018
Tech.Co
MARCH 8, 2018
Fortunately, for those headed to SXSW, Startup Night SXSW 2018 , presented by the Kauffman Foundation and TechCo, will be filled with investors from a multitude of industries who are looking to discover and fund startups building the latest solutions and tech innovations. Lisha Bell, Deal Flow Lead for Pipeline Angels.
ZEFR Sells Rights Management Assets To Vobile For $90M
socalTECH
JULY 19, 2019
Los Angeles-based ZEFR has sold its rights management and content-flagging assets--RightsID and ChannelID--to Vobile Group , a provider of video content protection, measurement, and monetization, in a deal worth $90M, the two companies annoucned late Thursday. ZEFR is backed by IVP, U.S. READ MORE>>.
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Creadev seasons Salted with new funding for its QSR brands
TechCrunch LA
OCTOBER 29, 2021
The company was founded seven years ago by CEO Jeff Applebaum, but a focus on providing healthy QSR brands and going after the $325 billion food delivery space came about three years ago. The company has over 200 employees, including kitchen staff, and recently opened its 19th location. million in annual sales, he added.
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Los Angeles-based CREXi raises $29 million for its online real estate marketplace
TechCrunch LA
JANUARY 24, 2020
Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. Estimates from Built in LA count roughly 127 companies, which have raised in excess of $2.4
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Jaanuu Snags $15M More For Medical Apparel
socalTECH
DECEMBER 11, 2018
El Segundo-based medical apparel brand Jaanuu --formed by former investment banker Shaan Sethi and his sister, Dr. Neela Sethi Young --has snagged $15M more in funding, the company said this week, bring the company's total raised to $25M.
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Energica CEO plots her Italian EV company’s reboot from lockdown
TechCrunch LA
APRIL 9, 2020
The CEO of the high-performance Italian motorcycle manufacturer offered that point of optimism, as her Modena based EV company remains closed by government decree. The company — that has has a California office and U.S. The venture is also one of the few e-motorcycle companies drawing engineering tips from competition.
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277 5 Phases of Leadership Growth Lead To Company Success
Startup Professionals Musings
JANUARY 2, 2019
Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Marty Zwilling First published on Inc.com on 12/20/2018. The team must handle daily tasks. Feel free to join us.
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99 Announcing the agenda for TC Sessions: AR/VR in LA on October 18
TechCrunch LA
SEPTEMBER 14, 2018
TechCrunch is heading to UCLA on October 18 and we’ve assembled some of the AR/VR industry’s most prescient founders, investors and executives to chat about the startups and trends driving virtual and augmented reality in 2018. While VR might not just be about gaming, it’s accurate to say that, in 2018, it mainly is.
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Inseego Gets $20M Loan From Soros, Loses CFO
socalTECH
MAY 11, 2017
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. Terms of the loan--which has a maturity date of May 8, 2018--were not announced. approval on the sale of MiFi to a Chinese buyer.
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Appetize Wins Customer In Minneapolis
socalTECH
JUNE 16, 2016
Los Angeles-based Appetize , which develops tablet-based, enterprise Point-of-Sale hardware and software for venues, said on Thursday that it has scored a win in Minneapolis. The company said that the new, U.S. Bank Statdium in downtown Minneapolis will use the company's products as its exclusive, POS solution. READ MORE>>.
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Mov gives you a chance to win your favorite athlete’s game day attire — sweat, tears and all
TechCrunch LA
NOVEMBER 3, 2020
While that claim would likely make most D2C founders cringe, for founder Chris Alston, it’s part of the magic of his company, Mov. The company, founded by Alston, his brother Brandon and Jacqueline Pounder, uses a sweepstakes-style model to raise money for a game-worn item. “If it smells, that’s how they’re going to receive it.”.
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306 March Capital Backed SpyCloud Adds $21M
socalTECH
FEBRUARY 27, 2019
SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018.
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Smart Audio – A Lucrative Platform… If You Figure Out How To Leverage It
InfoChachkie
DECEMBER 23, 2018
America is smitten by smart audio / smart speakers (the terms are used interchangeably by industry analysts), making it the gift of the 2018 Holiday Season. The research organization CIRP announced in August that sales of smart speakers had exceeded 50 million, with sales expected to grow 48% over the following twelve months.
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100 Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment
TechCrunch LA
APRIL 30, 2019
The company, famous for lavish promotions but little substance , has received yet another financial lifeline in the wake of a dispute with key investor Evergrande. billion capital raise that the company believes it can close before the end of this year. Faraday announced on Monday that it had received $225 million in bridge financing.
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Reflections On 2017: John Greathouse, Rincon Venture Partners
socalTECH
DECEMBER 29, 2017
Here, we feature the contribution of John Greathouse , an investor with Rincon Venture Partners and Professor Of Practice at UC Santa Barbara, where he teaches courses on New Venture Creation and Entrepreneurial Sales. What was the big news for your company this year? What are you looking forward to most in 2018? READ MORE>>.
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113 Illumina Cuts Forecasts As Consumer Tests, Genomics Initiatives Lag
Xconomy
JULY 30, 2019
About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. billion by the end of 2018. The company, which previously. It exceeded that goal, with revenue rising 21 percent to $3.33 It’s a different financial story this summer.
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