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Los Angeles-based advertising technology and ad network operator OpenX is expanding in the Los Angeles area, saying this morning that it has opened up a new, CulverCity office. The office is the company's seventh office worldwide, and the third in California. READ MORE>>.
On-demand grocery delivery service Instacart has expanded in Los Angeles, saying recently that it is now covering downtown Los Angeles and CulverCity, and will deliver groceries from Ralphs and Costco. The company has been active in Los Angeles since April 3rd.
Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in CulverCity, according to the company's broker, CBRE.
Amazon Studios , the content production arm of Amazon , says it is planning a move to CulverCity from its location in Santa Monica. Amazon says it plans to move into the new office space in CulverCity at the end of the year. According to Amazon, it currently has more than 700 employees in Santa Monica. READ MORE>>.
It seems Los Angeles is becoming an enterprise software hotspot. LA gets a big SaaS exit as Fastly nabs the CulverCity-based Signal Sciences for $775M. LA gets a big SaaS exit as Fastly nabs the CulverCity-based Signal Sciences for $775M.
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. We’re thrilled to help lead the way for the broader tech community in Los Angeles.” Image Credit: Getty Images/franckreporter.
FactoryFour , a startup which developing software to enable custom production of industrial goods, has raised $5M in a Series A funding, and set up shop in CulverCity. The startup's Series A funding was led by August Capital, and also included existing investor Refactor Capital.
OnRobot , a manufacturer of grippers, force and torque sensors, and other products that are installed on the end of industrial robots, says it has set up a new office in Los Angeles, after its acquisition of another company, Perception Robotics. According to OnRobot, its new office in CulverCity has 6,000 square feet.
NextSpace , the co-working space developer which has locations in CulverCity and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
The last few years in Los Angeles has been a heady one for the technology startup community, with hundreds of new startups, and a tangible enthusiasm in the air along Silicon Beach.
According to the report, there was $472.15M invested in Los Angeles, $222.4M The biggest investments for the quarter were for CulverCity-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; El Segundo-based Prodege (aka Swagbucks), which raised $60.1M
Ridesharing app SideCar is the latest, peer-to-peer, smartphone-driven, ridesharing app to debut in Los Angeles, letting people find drivers willing to give them a ride around the city. The company--which also has operations in San Francisco, Seattle, Austin and Philadelphia--is run locally by City Manager Drew Crofton.
Los Angeles-based coupons and deals site Savings.com said this week that it''s getting on board the ban of plastic bags in Los Angeles--a new law which went into effect on January 1st--by giving away reusable totes in Los Angeles. in CulverCity, as part of a promotion of its new grocery coupon app, Favado.
Los Angeles has one more co-working space today, thanks to entrepreneur Jason Calacanis. Calacanis announced Thursday that he has started a new, co-working space called LAUNCH co-work , which will support a dozen startups in a 10,000+ square foot space in CulverCity.
CulverCity-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seed funding round. READ MORE>>.
The parent company of CulverCity-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering. GoDaddy acquired Media Temple in October of last year. READ MORE>>.
Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company says it has more than 40 employees in CulverCity. angel capital venture videos hollywood content channel youtube video viral media jukin'
Los Angeles-based web hosting firm Media Temple said today along with web analytics firm Webtrends , that Media Temple Ventures, its investment arm, has sold real time analytics firm Reinvigorate to WebTrends. CulverCity-based Reinvigorate is a developer of web visitors tracking and anaytics software.
CulverCity- and Seattle-based Indi Molecular , a startup developing a synthetic replacement for antibodies, has raised $1.5M The funding was led by InterWest Partners, and also included a number of un-named angel investors. in a seed funding round.
CulverCity-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly values the company at $110M pre-money. The funding comes from The Chernin Group and Comcast.
Stopping by your local, Los Angeles 7-11 convenience store for a free Slurpee today? While you are there, you might notice that you can now buy Soylent , the meal replacement product created by Los Angeles-based Rosa Foods. Rosa Foods says Soylent is aimed at the "on-the-go millennial".
Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in Los Angeles after raising $9 million in financing.
The Tech Coast Angels , the largest angel investment group in Southern California, is part of a syndicate funding Pittsburgh-based Cognition Therapeutics , a drug discovery firm focused on Alzheimer's. in a Series A funding, led by Golden Seeds and including the Tech Coast Angels. According to Cognition, it raised $2.5M
CulverCity-based Indi Molecular , a developer of synthetic replacements for antibodies, announced Tuesday that it has raised $300,000 more in its seed funding, bringing the total raised in the round to $1.8M. The new funding was led by InterWest Partners, and also included several un-named, angel investors.
Los Angeles-based online and mobile movie ticketing provider Fandango announced today that it has expanded its coverage in Southern California, Chicago, and Washington, D.C., with a new relationship with theater chain ArcLight Cinemas. Terms of the agreement were not announced. READ MORE>>.
Managed by Q , which provides what it calls an "operating system for offices"--managing everything from cleaning, supply restocking, IT troubleshooting, and even helping to assemble furniture for companies--said it has expanded into Los Angeles, attracted by its thriving technology scene. READ MORE>>.
Mobile taxi summoning app developer Flywheel is expanding its coverage area in Los Angeles today, saying that it will now provide coverage in Beverly Hills, West Hollywood, and CulverCity as well as the Westside and the South Bay. flywheel uber lyft sidecar smartphone taxi ride rideshare mobile launch losangeles angeles'
CulverCity-based Cognition Technologies , the developer of natural language processing technology software, has raised $200,000, as part of an ongoing $500,000 funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced. Source of the new funding was not disclosed. READ MORE>>.
Los Angeles-based mobileStorm , the online and mobile marketing firm headed by Jared Reitzin, has gotten its first taker on an offer by Reitzin to pay $1000 to any employee that gets a permanent tattoo of the firm's logo. READ MORE>>.
Good Eggs , an online, local grocery delivery service which has been piloting its services in Los Angeles, has raised $8.5M The Bay Area startup said the funding was led by Sequoia Capital, and also included Harrison Metal, Baseline Ventures, Collaborative Fund, Kapor Capital, along with angels. READ MORE>>.
TikTok , the developer of the popular, short video app where people combine short videos of themselves set to music, says it is growing in Los Angeles, and is moving into a brand new, 120,000 square foot office in CulverCity. split between Los Angeles, Silicon Valley, and New York. READ MORE>>.
1193% Santa Monica Scott Painter 116 Network Solutions Provider 1001% Long Beach Phillip Walker 119 BlackLine Systems Software 973% Los Angeles Therese Tucker 131 Kotura, Inc. 218 Blue Microphones 387% Westlake Village John Maier 227 net2EZ 371% Century City Pervez Delawalla 232 Franklin Wireless Corp. 191% Los Angeles Thomas A.
Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. The company has a significant presence in India, with headquarters here in CulverCity. Size of the investment was not announced.
The two were not the only, Southern California companies with links to the high tech community here with ads, however -- among the most memorable of spots was a mini Seinfeld episode from CulverCity-based Crackle , the online movie and TV streaming site owned by Sony.
Los Angeles-based Privlo , a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M The company is in the midst of moving from CulverCity to Pasadena. The company is led by Michael Slavin. READ MORE>>.
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. As part of the expansion to Los Angeles, Getaround has opened up an office in CulverCity, where it says it already has hired over a dozen full time and part time employees for the company.
CulverCity-based MiTu , a developer of digital content for the Latino market, said today that it has raised $10M in a Series B funding round. According to the company, the funding will go to build out its production facilities in Los Angeles and Mexico City, and expand its engineering and sales teams. READ MORE>>.
The only local IPOs identified in Q3 in the report were YogaWorks in CulverCity, RBB Bancorp in Los Angeles, and Sienna Biopharmaceuticals in Westlake Village. The E&Y Global IPO trends report said it expects the total global IPO volume to reach 1,600 to 1,700 deals and a total of $190 billion in proceeds this year.
The funding was co-led by Andreessen Horowitz and Index Ventures, and also included Michael Ovitz and Ron Conway's SV Angel fund. Factual previously had raised $2M in angel funding. As part of the funding, Ben Horowitz of Andreessen Horowitz, and Danny Rimer of Index Ventures have joined the company's board of directors.
Los Angeles-based mobileStorm , the email and mobile marketing provider headed by Jared Reitzin, has scored another taker for Reitzin's standing offer to pay employees to get a tattoo of the firm's logo. The whole idea for the tattoo bounty at the Los Angeles firm came in March, when Reitzin got his own tattoo on his ankle of the firm's logo.
CulverCity-based Omaze, which operates an online platform to help nonprofits raise money, said last week that it raised $85M in a Series C funding round. The company is led by co-founder and CEO Matt Pohlson.
TZ Tech Crawl is back this month and heading to CulverCity! Come take a tour of some of the hottest LA Tech companies located in CulverCity! Why not stop by for a quick beer, game, snack or just say hi at one of the many CulverCity tech companies from 6pm to 10:30pm? Starting Point. Jefferson Blvd).
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