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L.A. Among the Finalists for Amazon’s 2nd Headquarters
L.A. Business Journal
JANUARY 18, 2018
Los Angeles was named by Amazon as one of the 20 finalist cities for the Seattle e-commerce giant’s second headquarters
L.A. Business Journal
Silicon Beach Report Aug. 9: TaskUs Lands $250 Million
L.A. Business Journal
AUGUST 9, 2018
TaskUs worth $500 million following latest funding round; Stamps.com stocks fall after Post Office comment; Heineken passes on Snapchat in favor of other social media outlets
Amazon to Team With L.A. Community Colleges for Cloud Computing Certificate Program
L.A. Business Journal
AUGUST 9, 2018
Amazon.com Inc.’s s Amazon Web Services announced Aug. 9 that it will collaborate with the California Cloud Workforce Project (CA Cloud) and 19 community colleges in Los Angeles County to offer a regional cloud computing certificate. To date, this is the first program of its kind created by Amazon and local colleges
Cesppa Closes $1.5 Million Seed Round
L.A. Business Journal
JULY 27, 2018
Cheviot Hills-headquartered anti-hacking startup Cesppa Inc. closed a $1.5 million seed round July 26, according to a Securities and Exchange Commission filing
Tesloop Ride Sharing Service Expands
L.A. Business Journal
JULY 3, 2017
Long-haul commuting is better in a Tesla. That’s the theory behind Tesloop of Culver City, a car service which ferries passengers on highway trips between 50 miles and 200 miles around Southern California in Tesla Inc.’s s Model X or Model S cars
Silicon Beach Report Aug. 16: Tech Investor Sues AT&T Claiming ‘SIM Swap’ Scam
L.A. Business Journal
AUGUST 16, 2018
Cryptocurrency investor Michael Terpin sues AT&T over “SIM swap” scam; Cargomatic raises $35M in series B round; Boeing acquires El Segundo-based satellite and flight-plan maker
Hackers Steal Client Data From Line 204 Studios
L.A. Business Journal
OCTOBER 30, 2017
Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined
LAFC Adds Biometric Options for Gameday Entrance
L.A. Business Journal
JUNE 11, 2018
Fans looking to enter Banc of California Stadium may soon present for a scan their fingerprint or retina instead of a physical or digital ticket
Tinder Sues Parent Company
L.A. Business Journal
AUGUST 15, 2018
Match Group dating app subsidiary Tinder Inc. has filed a lawsuit against parent company InterActiveCorp., alleging IAC purposefully undervalued the company to avoid proper payouts to executives
Silicon Beach Report Aug. 15: AuditBoard Nets $40 Million
L.A. Business Journal
AUGUST 15, 2018
Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company
Lucidity Announces $5 Million Funding Round
L.A. Business Journal
AUGUST 15, 2018
Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) announced Aug. 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms
Silicon Beach Report Aug. 7: Katzenberg’s NewTV Raises $1 Billion
L.A. Business Journal
AUGUST 7, 2018
Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net
Silicon Beach Report Aug. 14: Snapchat Gives Creators AR Power
L.A. Business Journal
AUGUST 14, 2018
Snapchat enlists Nicki Minaj to show how AR tools let users shop in RL; SpaceX invites guests into the Dragon X; Treyarch testing Battle Royale mode
Silicon Beach Report Aug. 13: Chrome River Inks Deal With Exxon
L.A. Business Journal
AUGUST 13, 2018
Chrome River picks up ExxonMobil; Wells leaving Netflix; Bird scooters face vandalism
Facebook Alternative MeWe Raises $5.2M
L.A. Business Journal
JULY 7, 2018
Sgrouples Inc.’s s MeWe, a Culver City social network startup that calls itself an alternative to Facebook Inc., announced July 5 it had raised $5.2 million in Series A fundraising
LegalZoom Valued at $2 Billion Following Investment
L.A. Business Journal
JULY 31, 2018
Glendale online legal technology company LegalZoom.com Inc. announced June 30 it completed a $500 million financing round from four total investors, its second since the firm’s founding in 2001. With this investment, LegalZoom’s estimated value totals roughly $2 billion
Silicon Beach Report July 30: Two Bit Circus Acquires Arts District Warehouse for Game Space
L.A. Business Journal
JULY 30, 2018
Two-Bit Circus comes to town to open Arts District game space; Pepperdine teams up with 2U; SRAXmd sold
GumGum Inks Deal with Jim Maui Invitational
L.A. Business Journal
AUGUST 10, 2018
Santa Monica’s sports marketing firm GumGum Sports (a division of GumGum Inc.) announced Aug. 10 it signed a multi-year agreement to provide media valuation services for the Maui Jim Maui Invitational basketball tournament
Silicon Beach Report Aug. 10: Tinder Aims for $800 Million
L.A. Business Journal
AUGUST 10, 2018
Tinder eyes $800-million mark this year; SpaceX investors hold steady despite Tesla drama; luxury boat online rental service OnBoat now on board in L.A.
AeroVironment, JPL to Develop NASA Mars Drone
L.A. Business Journal
JULY 5, 2018
AeroVironment Inc. is developing a helicopter drone that will fly on Mars
Appetize Mobile Ordering App Raises $50M From NFL and Other Investors
L.A. Business Journal
AUGUST 9, 2018
Playa Vista-based developer of mobile ordering point-of-sale software Appetize Technologies Inc. announced Aug. 9 it has raised more than $50 million in funding, including approximated $10 million from the National Football League
Otter Media Sold to AT&T
L.A. Business Journal
AUGUST 8, 2018
Holding company Chernin Group announced Aug. 8 that it sold Santa Monica entertainment conglomerate Otter Media Inc. to AT&T Inc
Silicon Beach Report Aug. 8: Blockchain Startup Sagewise Raises $1.25M
L.A. Business Journal
AUGUST 8, 2018
million raised by Sagewise; Blizzard teases new Diablo game; Snap reports earnings
UpKeep Lands $10 Million in Series A
L.A. Business Journal
MARCH 20, 2018
UpKeep, a Los Angeles-based facilities maintenance company, announced $10 million in Series A funding, led by Emergence Capital. As part of the deal, Kevin Spain, a partner at Emergence, will join UpKeep’s board
Cal Net Acquired by Nexus Technologies
L.A. Business Journal
AUGUST 7, 2018
Chatsworth-based Cal Net Technology Group was acquired by ABRY Partners subsidiary Nexus Technologies Inc. which does business as NexusTek) Aug. Cal Net provides managed IT solutions and will now operate as a NexusTek entity
Silicon Beach Report June 5: ICO Watchdog Looks to Crackdown on Cryptocurrency Fraud
L.A. Business Journal
JUNE 5, 2018
East Coast accelerator brings program to Los Angeles; cryptocurrency company aims to reduce ICO fraud; Elon Musk’s tunnels approved in Hawthorne
Silicon Beach Report Aug. 3: Uproxx Media Sold to Warner Music
L.A. Business Journal
AUGUST 3, 2018
Warner Music buys Uproxx Media; SpaceX sets deadline for NASA launch; Hyperloop Technologies in consideration for Cupertino line
Silicon Beach Report Aug. 2: L.A. Dodgers Launches New Youth Sports Venture
L.A. Business Journal
AUGUST 2, 2018
Dodgers kicks off youth sports program; new Overwatch teams from across the county and around the world; Boeing delays Starliner capsule launch
Blizzard’s Overwatch League Adds Two New Teams
L.A. Business Journal
AUGUST 2, 2018
Santa Monica-headquartered Activision Blizzard Inc.’s s Blizzard Entertainment announced Aug. 2 that it added two new teams to its global e-sports competition, the Overwatch League
Silicon Beach Report Aug. 1: Snapchat Launches Speech Recognition
L.A. Business Journal
AUGUST 1, 2018
Snapchat’s new lenses will respond to spoken cues; Pluto TV links with Vizio; scooters moratorium proposed in L.A.
Amazon to Acquire Ring for Estimated $1 Billion
L.A. Business Journal
FEBRUARY 27, 2018
In a deal expected to be worth at least $1 billion, Amazon will acquire Ring, a Santa Monica-based startup that makes security cameras and doorbells operated through smartphones
Silicon Beach Report June 28: California Data Privacy Bill Signed Into Law
L.A. Business Journal
JUNE 28, 2018
Data privacy law signed; Fitplan raises $4.7 million; stunt robots come to Disneyland
Logitech Inc. Acquires Blue Microphones for $117 Million
L.A. Business Journal
JULY 31, 2018
Newark and Switzerland-based computer accessory company Logitech Inc. purchased Westlake Village microphone manufacturer Blue Microphones Holdings Corp. for $117 million in a cash deal finalized July 30
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