socalTECH

JUNE 10, 2019

A new, brick-and-mortar startup in Los Angeles, Esquapes sure hopes so, saying on Monday that it plans to launch the world's first ever "virtual reality massage center" in Los Angeles. Is the future of getting a massage virtual reality? Esqapes said it will launch its center in July in the SAG-Aftra Building on Wilshire Boulevard.

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APRIL 4, 2019

Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry.

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MARCH 24, 2021

Los Angeles-based Worth Network, a new software startup, is aiming to help marketers reach more consumers via organic Instagram posts, the company said today. The company is led by CEO and founder Patrick Kim, and says it is backed by The Ventures Co and angel investors.

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JULY 2, 2020

Los Angeles-based, low-cost e-commerce products site Hollar is no more, and will be swallowed up by new owner Five Below , six months after the acquisition of Hollar by Five Below. It's unclear how much of Hollar's operations remain in Los Angeles. READ MORE>>.

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MAY 25, 2021

Los Angeles-based Park Place Payments, a fintech startup focused on payment processing, disclosed on Tuesday that it has raised $1.5M in a seed funding round. The funding was led by Curate Capital. Park Place is led by founder and CEO Samantha Ettus. The company's payment processing workforce is mostly women.

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FEBRUARY 20, 2019

Portfolium had been venture backed by SFJ Ventures, University Ventures, USA Funds, the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. Portfolium was founded in 2014, and was led by founder and CEO Adam Markowitz. The company had raised around $9M in total funding, and had been part of the EvoNexus startup incubator.

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FEBRUARY 2, 2018

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.

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OCTOBER 21, 2021

Los Angeles-based The Boring Company has just received approval from Clark County, Nevada, for its plans to create an underground transportation system that will connect the Las Vegas Strip, Allegiant Stadium, and the University of Nevada, Las Vegas. The project is expected to stretch 29 miles and will have 51 stations.

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JANUARY 22, 2020

Los Angeles-based Acquicent , the startup which is developing a marketplace that allows users to invest in "museum-grade" collectibles such as art and vintage automobiles, is announcing this morning that it has added Kevin Conroy, CEO of ConroyMedia and former director of Sotheby's, as both an advisor and ivnestor.

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JULY 14, 2021

Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment.

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OCTOBER 20, 2021

Los Angeles-based Snap said on Tuesday that it is launching a new, augmented reality advertising studio, which it is calling Arcadia. The new studio--which is not based in Arcadia, California, despite the name--will provide a team of experts focused on mobile augmented reality (AR) advertising for its brand and agency partners.

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DECEMBER 27, 2017

Today, we have a contribution from Anna Barber , the Managing Director of Techstars LA (www.techstars.org), one of three startup accelerators run by Techstars in the Los Angeles area. What was the big news for your company this year?

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DECEMBER 27, 2019

The continued growth of startup communities in Los Angeles. I am excited for the big moves being made in Los Angeles. I am now working towards the expansion of my startup community-building efforts in other parts of Los Angeles and Ventura County. What was the biggest news for you/your company this year?

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JULY 20, 2021

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.

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SEPTEMBER 27, 2021

The launch is currently targeted at 11:11am from Space Launch Complex-3 at Vandenberg Space Force Base, which is north of Los angeles near Lompoc. A launch of an Atlas V rocket at Vandenberg Air Force Base is scheduled for today, to take a new Landsat satellite into space for NASA, according to NASA.

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NOVEMBER 13, 2019

Los Angeles-based Wavemaker Three-Sixty Health , the venture investment fund focused on healthcare, which is led by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it has just completed its 25th investment--all made in the last 18 months.

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FEBRUARY 8, 2021

Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.

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JULY 17, 2019

Thinkful , a New York company, says it has started accepting applications from people in Los Angeles for its "living stipend" program, which pays students $1500 a month to pay for things like rent, gas, and food while they take the company's technology training--in exchange for a portion of their salaries when they graduate.

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NOVEMBER 7, 2022

The stash was located by the Los Angeles office of the Internal Revenue Service (IRS). Department of Justice, $3.3 billion worth of stolen Bitcoin was recovered from "a single-board computer that was submerged under blankets in a popcorn tin stored in a bathroom closet".

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OCTOBER 5, 2021

Los Angeles-based Jurny, a developer of software used by independent hotels and vacation and short-term rental property operators for property and guest management, has raised $9.5M in a funding round. The funding was led by Mucker Capital. According to the company, the funding will go towards global expansion of its product, Jurny Virtual.

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JANUARY 11, 2022

Los Angeles-based AmazeVR has raised $15M more in a new funding, from Partners Investment and Murex Partners, plus Smilegate Investment, Quantum Ventures Korea, ABC Partners, Everrich Group, GS Futures, We Ventures, Base Investment, Duname&Partners, Mirae Asset Venture Investment, Mirae Asset Capital, Partners Investment and Timewise Investment.

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MAY 4, 2021

Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week.

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FEBRUARY 1, 2022

Los Angeles- and Seattle-based Unlock Venture Partners, a seed-stage venture capital investor, says it has raised $60M in a second fund, the company said on Monday. The company is primarily focused on Seattle, but says it is now looking at investing in Los Angeles. The fund previously had raised $25M in its first fund in 2018.

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SEPTEMBER 3, 2021

The two said the Desert Quartzite Solar-plus-Storage project is expected to start delivering electriity to customers throughout Los Angeles and Ventura Counties in February 2024.

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SEPTEMBER 22, 2020

Los Angeles-based online greeting card provider JibJab --which got its start originally via a viral political video--is dipping back into politics, saying that it has launched a new effort to bring out voters.

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SEPTEMBER 13, 2021

Los Angeles-based zero-emissions heavy-duty vehicle company GreenPower Motor Company has delivered its first, all-electric school bus to a district in Santa Maria, according to the company. According to the company, its first BEAST school bus was just delivered to the Santa Maria Joint Union High School District.

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OCTOBER 6, 2020

Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world.

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NOVEMBER 13, 2019

Los Angeles-based ringDNA , which develops artificial intelligence software for the sales market, has added a new sales coaching product that uses artificial intelligence to help improve sales teams.

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NOVEMBER 3, 2020

Los Angeles-based remote access provider RemotePC --which is owned by iDrive--says it has boosted the performance for its service, which allows remote access to business PCs. The company says it now supports 4K streaming and display, and other "general perfmrance improvements".

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SEPTEMBER 18, 2020

Los Angeles-based software company QualityWorks said this week that it is offering up a free, bootcamp for people in the BIPOC (Black, Indigenous, People of Color) community, to learn about software testing.

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NOVEMBER 30, 2018

The funding was led by Bain Capital Life Sciences, and also included TPG, RA Capital Management, Sanderling Ventures, plus angels. San Diego-based biotech startup ViaCyte , which is developing human cell therapy for treating diabetes, says it has raised $80M in a Series D funding round.

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MAY 25, 2018

Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machine learning software and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M.

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MARCH 18, 2019

A new, Los Angeles startup, Dentulu , is hoping to make it easier for you to handle dental care--saying it wants to allow patients to book a dental appointment much like they might book a ride on Uber. Too busy to bother with a visit to the dentist?

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Demand Startup Mobile Los Angeles 186

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DECEMBER 21, 2021

Los Angeles-based Sketchy, an educational technology company known for creating visual study tools, says it is taking aim at the MCAT (Medical College Admission Test) in a deal with Blueprint, a provider of MCAT prep products. Both companies are based in Los Angeles. Financial details of the deal were not announced.

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SEPTEMBER 27, 2021

According to the Alliance, companies who want to participate in the program should have raised at least $500k of angel/seed investment, have a dedicated team of at least 3 people, a product in the market, and demonstrated market traction with revenue or users.

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Southern California SoCal Funding Startup 197

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MAY 11, 2020

a developer of analytics software, and Los Angeles-based iinside , a developer of indoor motion detection, have merged, and set up their headquarters in Los Angeles. UK-based CrowdVision Ltd. , According to the companies, the newly merged company, CrowdVision, Inc., will be led by David Teed, the current CEO of CrowdVision.

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SEPTEMBER 23, 2019

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. Back then, there really weren't many networking events or groups for high power women in Los Angeles, so we really filled a need.

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