Struum Streaming Service To Launch in 2021
L.A. Business Journal
JANUARY 7, 2021
announced a new streaming service called Struum Former executives at the Walt Disney Co. and Discovery Inc.
Ingram Micro Delays Annual Event Until 2021
socalTECH
MARCH 5, 2020
Irvine-based Ingram Micro , the technology services and products giant, said on Wednesday that it has postponed its big event, the Cloud Summit , to next year, sometime in early 2021.
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Techstars LA Draws International Companies For 2021 Class
socalTECH
JULY 20, 2021
Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.
Canoo Aims At Subscription EVs, Hopes To Launch In 2021
socalTECH
SEPTEMBER 25, 2019
A new, Los Angeles-based startup, Canoo , says it is hoping to launch a brand new, electric vehicle (EV) subscription service, which uses vehicles designed and built by the company. According to Canoo, it hopes to launch its subscription-only EV service starting in 2021, in Los Angeles.
Eco Helicopters Plans Air Taxi Service
socalTECH
SEPTEMBER 25, 2020
Palm Springs-based Eco Helicopters , which is developing all electric helicopters, says it plans to launch an air taxi service in the Los Angeles metropolitan area in the second quarter of 2021. The company has posted videos to YouTube of its test flights, which show an approximate battery life on its helicopters of 30 minutes.
Hyundai taps EV startup Canoo to develop electric vehicles
TechCrunch LA
FEBRUARY 11, 2020
Canoo said it will provide engineering services to develop the electric platform. The first Canoo vehicles are expected to appear on the road by 2021 and will be offered only as a subscription. Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz.
LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million
TechCrunch LA
OCTOBER 27, 2020
The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. “With Replicated, half of the services are for tooling for the software vendor to manage release and licensing and the other half is for the IT admin.
Tetra Tech Reports Record Fiscal Year Earnings, Wins Part of $110M Contract
L.A. Business Journal
NOVEMBER 22, 2021
the largest engineering and infrastructure services firm in Los Angeles County now that AECOM has departed for Dallas — reported record fiscal 2021 earnings on Nov. Pasadena-based Tetra Tech Inc. —
Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech
TechCrunch LA
APRIL 27, 2021
Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” While change has been gradual, COVID-19 forced lawyers to fundamentally reevaluate how they run their law firms and how they deliver legal services to their clients, Newton said.
Bird Claims Economic, Gasoline Savings
socalTECH
DECEMBER 16, 2021
Los Angeles-based, shared scooter and bicycle rental service Bird has put out some numbers this morning, saying that use of its service has contributed an estimated $100M in incremental spending at local businesses in 2021, and saved an estimated 1.1 million gallons of gasoline.
Postmates is launching a new retail delivery feature as brick and mortar stores face 14% drop in sales
TechCrunch LA
OCTOBER 27, 2020
Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. In fact, the online analytics service eMarketer projected a 10.5% earlier this month. .
Buy Now, Pay Later Service Affirm Is Teaming Up With Stripe
Tech.Co
MAY 31, 2022
The buy now, pay later service Affirm has just landed a new partnership with popular payments company Stripe. Just this month, the payment network deepened a partnership with WooCommerce (and the ecommerce service's 3.7 How the Service Works. Not all BNPL services are sailing to success, however. In early 2022, 55.8%
J2 Global Plans To Split Company
socalTECH
APRIL 20, 2021
Los Angeles-based J2 Global, which operates a large number of Internet related businesses--both Internet services and Internet publishing--says it plans to split itself into two separate, public companies. J2 Global said it hopes to complete the transaction in the third quarter of 2021.
Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US
TechCrunch LA
JUNE 10, 2021
billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 To put that into context; Affirm’s financial report in May projected it would process $8.04
Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent
TechCrunch LA
APRIL 26, 2022
that puts its 15-minute grocery delivery service in more than 14,000 Circle K convenience stores and Couche-Tard locations. Alexandrov also said the funding will be invested into expanding its service in both Chicago — to open around 15 stores there — and San Francisco, and into other cities, including Boston, Philadelphia and Los Angeles.
Relativity Signs Satellite Rideshare Deal
socalTECH
MAY 7, 2019
Los Angeles-based Relativity , a developer of robotics technology and 3D manufacturing technology aimed at developing 3D printed rockets, says it has signed a launch services agreement with satellite ridesharing arranger Spaceflight. Financial details of that launch services agreement were not announced.
Canoo takes the covers off of its debut electric vehicle
TechCrunch LA
SEPTEMBER 24, 2019
The first cars are slated to appear on the road by 2021, according to the company’s current leader, Ulrich Kranz. That service will likely include perks like automatic vehicle registration, maintenance, insurance management and charging through a single app on a customer’s phone. “After the launch in the U.S.
Apple Expands Testflight To MacOS
socalTECH
JUNE 7, 2021
Apple announced on Monday at WWDC 2021 that it will be extending its Testflight beta testing service to the Mac and the MacOS platform. The software--which was previously only available on iOS--was originally developed in Southern California. Burstly, the developer behind Testflight, was acquired by Apple back in 2014.
Trade Desk Chief Strategy Officer Steps Down
socalTECH
JULY 10, 2020
HThe company said Stempeck will continue in an advisory role through January 31, 2021. Trade Desk develops a self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns. Stempeck was employee number eight at the company, and has been at the company for more than ten years.
Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots
TechCrunch LA
JANUARY 25, 2022
million commercial deliveries (up from 2 million in October 2021) and travelled over 3 million miles globally. Prices for the service can vary by city and location, but as an example a service that it provides to grocery chain Coop in Milton Keynes is made for a flat fee of 99 pence. It has now made more than 2.5
Shopify Reveals Generous New Scheme for App Developers
Tech.Co
JUNE 30, 2021
This scheme starts on August 1st of 2021. Before this scheme, Shopify used to charge 20% on every sale made through its service, but now, smaller businesses will take the whole value of the sale, with Shopify's cut of 15% only kicking in once the annual $1 million threshold has been passed. Harley Finkelstein (@harleyf) June 29, 2021.
Saltbox raises $10.6M to help booming e-commerce stores store their goods
TechCrunch LA
APRIL 15, 2021
Beyond the physical offering, Saltbox offers integrated logistics services as well as amenities such as the rental of equipment and packing stations and access to items such as forklifts. The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets.
Manufacturing startup Divergent 3D reduces staff by one-third
TechCrunch LA
APRIL 24, 2020
Czinger is hopeful that by 2021 the company will be able to announce that its 3D-printed structures will be production vehicles. Divergent can’t name the customers because of non-disclosure agreements. Those programs, which are for serial production vehicles, are moving forward, Czinger said.
Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation
socalTECH
JANUARY 5, 2021
What are you most looking forward to in the technology/startup world in 2021? I am hopeful that 2020 was an inflection point and 2021 will see more shared prosperity for the diverse voices in our community especially as we look to recover from this devastating pandemic. He previously held C-level roles at Overture Services/Yahoo!,
Viasat Acquires Inmarsat For $7.3 Billion
socalTECH
NOVEMBER 10, 2021
billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 the deal will give the combined company a fleet of 19 satellites in service with an additional 10 spacecraft under construction. Viasat said the deal is comprised of $850.0 million in cash, approximately 46.36 billion of net debt.
HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity
TechCrunch LA
JUNE 10, 2020
The program is expanding to Chicago in 2021, the blog post notes. It’s why some doubt the intentions of companies and firms newly promising to increase diversity, beyond the opportunistic lip service. It held a city-based internship program with Los Angeles, which connects students to venture capital firms in the area.
SpaceX To Provide Internet To Texas School District
socalTECH
OCTOBER 26, 2020
The project will initially provdie free Internet service to 45 families in the school district, starting in early 2021. Ector County Independent School District said the service is being provided because there are few, if any, options for Internet service for those students.
Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
TechCrunch LA
APRIL 23, 2019
The company is also crafting its user interface and subscription services around its passengers and renters. Initially, Canoo will target customers in Los Angeles and the Bay Area, with additional plans to expand to San Diego and Seattle when the company brings its commercial vehicles to market in 2021.
Amazon Studios To Continue Diversity Program With Howard University
socalTECH
SEPTEMBER 25, 2020
Culver City-based Amazon Studios , the arm of Amazon which is focused on creating content for Amazon's streaming video service, says it is continuing a program it runs with Howard University , intended to help increase diversity in the entertainment industry.
Boulevard books $70M to help beauty and wellness salons with their bookings
TechCrunch LA
AUGUST 9, 2022
Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed offline when it comes to interfacing with customers.
SpaceX Wins Award To Send Probe To Study Black Holes
socalTECH
JULY 8, 2019
According to NASA, the award covers both launch services and other mission-related costs for the Imaging X-Ray Polarimetry Explorer (IXPE). The mission is expected to launch from Florida in April of 2021, from the SpaceX Launch Complex 39A.
USC Viterbi Startup Garage Presents: AWS Workshop
SoCal Tech Calendar
NOVEMBER 30, 2021
Wednesday, December 1, 2021 -- USC Viterbi Startup Garage Presents: AWS Workshop. Speakers: Jenny Wong, Business Development Manager at Amazon Web Services, and Harold Kim, Solutions Architect at AWS.
Etsy Is Boosting Seller Transaction Fees By 30%
Tech.Co
FEBRUARY 25, 2022
It'll help the company invest in marketing, Etsy CEO Josh Silverman says: “We have demonstrated our ability to make improvements that directly translate into more sales for our sellers, as evidenced by record sales per seller in 2021. ” The fee hike also applies to shipping as well as to the product sale itself.
How long can Zuckerberg afford to bankroll the AR/VR market?
TechCrunch LA
FEBRUARY 6, 2022
Apple’s pivot to services has been a mixed bag, and the company is looking to expand the appeal of its Apple News service to a wider swath of free and paid subscribers. Some of my favorite reads from our TechCrunch+ subscription service this week: How to recruit when your startup is in stealth mode. added things.
7 Keys To An Engaging Framework For Social Media Mktg
Startup Professionals Musings
JANUARY 9, 2022
Valid social media objectives for a business should include one or more of the following: increased brand awareness, lead generation, service and support, or reputation management. Obviously, the platforms and how you use social media would be different for lead generation versus service and support.
Reflections on 2020: Nick Hedges, MomentFeed
socalTECH
DECEMBER 28, 2020
What are you most looking forward to in the technology/startup world in 2021? The shift to consumers starting nearly every purchase with localized organic search appears to be permanent for brick and mortar businesses, so we have an immense opportunity to innovate in 2021 to help our client brands continue to adapt and succeed.
New markets emerge for carbon accounting businesses as cities like LA push proposals
TechCrunch LA
MARCH 19, 2021
Budget hasn’t been allocated for the accountability plan, but people familiar with the City Council’s plan expect that implementation could begin in the 2021-2022 budget cycle. With this move, Los Angeles wants to hitch its wagon to this momentum and is actively looking for tech busineses that can help with carbon accounting.
SpaceX Wins $112M Contract From NASA
socalTECH
NOVEMBER 22, 2016
NASA announced late Tuesday that it has selected Hawthorne-based Space Exploration Technologies (SpaceX) , for a $112M mission to launch a water survey mission to space in April of 2021.
Los Angeles-based Ficto launches its Quibi competitor — with Niantic as a content partner
TechCrunch LA
MARCH 27, 2020
Consumers now have their first chance to sample the wares of a short-form streaming service — and it’s not Quibi. Ficto , a streaming service without a paywall offering interactive dramas, film adaptations, comedies, documentaries, talk shows, game shows, and news, is now live on iOS and Android.
Entering the Japanese Market
SoCal Tech Calendar
AUGUST 10, 2021
Thursday, August 12, 2021 -- Entering the Japanese Market by Partnering With The Japan External Trade Organization (JETRO). Biocom California. Please join Biocom Los Angeles and the Japan External Trade Organization (JETRO) for a virtual webinar to learn how Life Science companies in the Greater LA area can enter the Japanese market.
Reflections on 2020: Harrison Tang, Spokeo
socalTECH
DECEMBER 21, 2020
We had a soft launch to test our new identity protection & identity management features to complement our core people search service in 2020. Beginning in 2021, weve enhanced our flexible work policy to allow teammates to work almost anywhere in the US. What are you most looking forward to in the technology/startup world in 2021?
8 Creative Pricing Strategies Most Startups Overlook
Startup Professionals Musings
MAY 14, 2021
For example, I believe that Starbucks surprised most people by proving that they could take a commodity business, a coffee shop, and make it a worldwide profit winner, just by justifying premium pricing with a quality product, the right locations, personalized service, and appealing to the professional customer personas.
Customer Trust Is An Opportunity With A Huge Payback
Startup Professionals Musings
MARCH 14, 2022
With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. billion, now providing identity theft services for nearly 80 million users around the globe.
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