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EVgo Acquires Recargo For $25M

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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 founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks.

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The OIX Names Laurence Sotsky As CEO

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El Segundo-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. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch. READ MORE>>.

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The OIX Names Laurece Sotsky As CEO

socalTECH

El Segundo-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. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch. READ MORE>>.

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AT&T's DIRECTV NOW Tops 500,000 Subscribers

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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.

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Wpromote Opens Up New Office In San Francisco

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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 El Segundo and also has an office in Chicago.

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AdExcite Merges With Q1Media

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El Segundo-based video advertising netowrk AdExcite has merged with online display ad firm Q1 Media , the two companies said Wednesday. The firm said the new company will operate as Q1Media, and use AdExcite's brand name for its video and mobile video product lines. Financial details of the merger were not disclosed.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

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).