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An all week, cybersecurity training effort being held this week in ElSegundo--run by AT&T and the Air Force Association (AFA)--is educating teenagers on cybersecurity careers and skills, in hopes of building the next generation of cybersecurity efforts. READ MORE>>.
ElSegundo-based NantStudios--a new venture which is related to the "Nant" series of companies run by billionaire Dr. Patrick Soon-Shiong--said on Tuesday that it has launched a new "virtual production ecosystem and innovation campus" in ElSegundo. NantStudios said it has created a 24,000 sq.
Los Angeles-based consumer electronic giant Belkin announced on Thursday that it is planning to move its headquarters from Playa Vista to ElSegundo, in Q4, as part of what it called a move to a "hybrid, flexible" workspace.
Los Angeles-based ConsumerTrack , the operator of GoBankingRates.com and other personal finance content and lead generation sites, said today that it is expanding its headquarters in ElSegundo. ConsumerTrack says its customer include such companies Fidelity, Transunion, Chase Bank, and many other financial institutions.
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. TS2 Holdings' offices are in ElSegundo, and the company is an arm of Japanese staffing giant Persol Group.
Disclaimer: Deloitte is a sponsor of socalTECH, and socalTECH sponsored Deloitte''s LA Fast 500 awards last night in Santa Monica, although that does not affect our coverage.
Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. Recargo was based in ElSegundo. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment.
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. 191% Los Angeles Thomas A. 189% ElSegundo Nick Hedges 397 Illumina, Inc. 129% Los Angeles David Hagan. Frost, Ph.D. 348% San Diego OC Kim.
Los Angeles-based prodege , the parent company of Swagbucks , said this morning that it has acquired Sodahead , the online polling and discussion platform founded by Jason Feffer. According to Prodege, it will acquire all of SodaHead''s assets and staff from its Encino headquarters, and will move them to Swagbucks offices in ElSegundo.
According to the report, there was $472.15M invested in Los Angeles, $222.4M The biggest investments for the quarter were for Culver City-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; ElSegundo-based Prodege (aka Swagbucks), which raised $60.1M
It looks to be a big week for hiring for technology firms in Los Angeles; just yesterday, ElSegundo-based iRise said it was aggressively recruiting for eleven new positions at the firm, and was offering external referral rewards of up to $5,000 to find Java Architects and others for the firm.
A new, Los Angeles area startup launched this morning, hoping to use the power of the crowd to help take ideas to launch. JumpStartFund comes out of the Girvan Institute of Technology, a Los Angeles startup incubator and accelerators for early-stage high-tech companies. READ MORE>>.
The latest company considering a bid for Los Angeles-based video streaming site Hulu is ElSegundo-based DirecTV , according to reports Friday afternoon. A report from Reuters says DirecTV is just one of a number of companies considering a bid for Hulu. The report cited a "source familiar with the situation." READ MORE>>.
Computer game maker Activision Blizzard is apparently cutting jobs in ElSegundo and Los Angeles, according to a filing with the California Employment Development Department. California requires companies to give employees at least 60 day notice of mass layoffs.
ElSegundo-based Beyond Meat , which develops plant-based foods which look and taste exactly like real meat, says is in a major expansion in Los Angeles. According to Beyond Meat, it is creating a new 26,000 square foot Innovation Center in Los Angeles, with enough room for more than 100 employees.
Los Angeles received $260.0M The largest deals for Los Angeles were Coda Automotive in Santa Monica, which raised $40.375M, KYTHERA Biopharmaceuticals in Calabasas, which raised $37.425M, and JustFabulous in ElSegundo, which raised $33.1M. The investment was down from the $829.47M invested in the quarter in Q2.
Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).
In the five years since French space and defense technology accelerator Starburst Aerospace announced plans to open its first American office in ElSegundo, the aerospace industry has grown rapidly in Los Angeles County.
Los Angeles-based EdgeCast , the content delivery network firm headed by James Segil, and fellow Los Angeles web hosting provider Media Temple , run by Demien Sellfors, are announcing today they are launching a new content delivery network offering for Media Temple's customers. Financial details of the deal were not disclosed.
It's been tough to shake people loose from companies," Stuart Macfarlane , CEO of ElSegundo-based iChange , explains, saying that the firm is actively looking to hire two to three web developers. Tags: angeles employment jobs technology california southern.
ElSegundo-based International Rectifier , the developer of power conversion semiconductors, has been acquired by Infineon , in a deal worth $3 billion in cash. Infineon and International Rectifier did not say how the acquisition will affect IR''s Los Angeles employee base. READ MORE>>.
ElSegundo-based video advertising netowrk AdExcite has merged with online display ad firm Q1 Media , the two companies said Wednesday. The company says it now has 30 full time employees, and expects to add up to 25 new employees spread across the combined company's Austin, Los Angeles, and New York locations. READ MORE>>.
The firm said it will continue to maintain its corporate headquarters in Los Angeles, and will be moving those offices to a new facility in ElSegundo. Cereplast said the move is part of an effort to streamline its operations, and will "drastically reduce" its costs compared to operating in California.
ElSegundo-based Just Fabulous , a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" and fashion site. Simmons also has been appointed President and Creative Director of the site.
Colocation provider Equinix announced today that it has opened up a new, $95M data center located in ElSegundo, the firm's fourth in the L.A. The firm said its new, 177,0000 square foot center in ElSegundo has a capacity of approximately 3,000 cabinets. Tags: angeles center data equinix.
The firm, which is headquartered in Mountain View, also has operations in ElSEgundo, and was founded in Los Angeles. Ace Metrix , a provider of technology for television advertising analytics, said today that it has raised $8M in a funding round from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures.
ElSegundo-based iChange , the online community site focused on nutrition counseling headed by Stuart MacFarlane, has raised another $500,000, as part of an ongoing $600,000 funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. According to The OIX, Sotsky was selected after an extensive search in Los Angeles. READ MORE>>.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. According to The OIX, Sotsky was selected after an extensive search in Los Angeles. READ MORE>>.
The acquisition looks to be even bigger than the two most recently announced acquisitions by Demand Media, of Los Angeles-based IndieClick and ElSegundo-based RSS Graffiti. It's unclear if the deal also included additional consideration.
ElSegundo-based Millennium Space Systems , which helps to manufacture and produce satellites, said today that it has named Robert (Bob) Newberry as its Executive Vice President and Chief Marketing Officer. Newberry is recently retired from the U.S. READ MORE>>.
Los Angeles-based digital marketing agency Wpromote said on Wednesday that it will be offering up free training to nonprofits, as part of its second annual Wprobono: Digital Day In LA.
Los Angeles- and Austin, Texas-based Slingshot Aerospace has raised $3.25M in its Series Seed round, according to lead investor ATX Seed Ventures. The company, which was part of the recent Techstars Los Angeles class, uses artificial intelligence software to process imagery data. READ MORE>>.
Los Angeles-based Wpromote , the provider of digital marketing services to brands and companies, says it has opened up a new office in San Francisco. According to the company, the office is the third for the company, which is headquartered in ElSegundo and also has an office in Chicago.
ElSegundo-based NanoH2O , the venture-backed developer of reverse osmosis membranes for seawater desalination, said Sunday that it plans to build a manufacturing facility in Liyang, China. According to NanoH2O, the new facility will be its second manufacturing facility, and is in addition to its existing plant in Los Angeles.
ElSegundo-based Aggregage , which develops software driven B2B websites and newsletters which aggregate blog and news postings for specific industries, has raised $1M in a convertible note, the company said today. Aggregage''s B2B websites are published in conjunction with trade and professional associations. READ MORE>>.
Los Angeles-based Beyond Meat , the maker of plant-based, protein products which look and taste like hamburger--but are not--has added actor Leonardo DiCaprio as an investor in the company. Beyond Meat, which has its headquarters in ElSegundo, did not announce how much DiCaprio invested in the company.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace , a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning. The company says it has now raised a total of $17.1M
ElSegundo-based Morf3D, a metal additive manufacturing company which is a subsidiary of Nikon Corporation, and Los Angeles-based space startup accelerator Starburst Aerospace, are in a manufacturing deal in Long Beach, Morf3D said this week.
AT&T , which has been ramping up its efforts and presence in Los Angeles, both with technology and Hollywood, said this week that it has topped 500,000 subscribers on its over-the-top (OTT) streaming platform, DIRECTV NOW.
Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC). The company's Los Angeles headquarters are in ElSegundo.
Serverfarm, a developer and operator of data center space, says it has purchased a new facility in ElSegundo, which will provide 117,500 square feet and 22MVA to hyperscale, transportation, healthcare and government tenants. Financial details of the acquisition were not announced.
ElSegundo-based Fuhu , the manufacturer of the popular children''s Nabi tablet PC, ranked number 2 nationally in the annual Deloitte Fast 500 list, one of fifty four companies--or over 10 percent--from Southern California. Disclaimer: socalTECH was a sponsor of Deloitte''s Fast 500 program in Los Angeles. READ MORE>>.
ElSegundo-based Axiotron, a manufacturer of table computers running Apple's Macintosh OS, said Thursday that it has added Steve Wozniak to the firm's board of advisors. Axiotron is angel backed by the Tech Coast Angels, and was a winner of the Tech Coast Angels' Fast Pitch in 2007.
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