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Turtle Beach Sees Record Retail Sales

socalTECH

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.

Sales 113
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Cubic Buys GRIDSMART For $87M

socalTECH

San Diego-based Cubic Corporation said on Wednesday that it has acquired GRIDSMART Technologies , a developer of video tracking technology for the traffic management market. Cubic said GRIDMSART is expected to add $35M in sales and $8M in Adjusted EBITDA for the 2019 calendar year. The deal was worth $87M in cash.

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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282
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SPECIAL REPORT: 2019 Biopharma Outlook – Facing an Uncertain Future

Xconomy

biopharmaceutical industry is dealing with unprecedented threats on several fronts: public backlash against high drug prices, slowing sales, and the possibility of more government regulation. After years of boom times, the U.S. In this Report, you’ll learn: The key indicators that suggest a possible downturn is on the way.

Report 83
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Past investors also included Y Combinator, where GrubMarket was part of the Winter 2015 cohort), and for some more context, GrubMarket last raised money in April 2019 , $28 million at a $228 million valuation, a source says. Its opportunity comes in the form of disruption and a gap in the market.

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Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies

TechCrunch LA

Saucey launched in 2014 and now operates across 22 markets including LA, San Francisco, San Diego, Sacramento, New York City, Chicago, Washington, Dallas, Orlando, Tampa and Miami. Its sales growth has expanded 200% year-over-year even as the company maintains its profitability, according to a statement.

Company 188
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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Given SVBs market position, that is great news. The Playa Vista company is aggressively taking market share and could go public. Seismic, a sales software company, raised $100M and became a unicorn.