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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

With the new capital, SpotOn has raised $628 million since its inception. The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

They’ve also had suppliers sell perishable goods as well — a vendor sold 80,000 dates on the platform a month ago. “We’re Ghost is not alone in developing technology focused on inventory. Last week, Syrup Tech raised $6.3 Syrup Tech bags $6.3M How e-commerce companies can brave the new retail environment.

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Techstars LA Draws International Companies For 2021 Class

socalTECH

The startup accelerator program--which is back in person now after a move online last year due to the pandemic--said the 12 companies include Alva Health (wearables for real time stroke detection), Butterfly Labs (health and wellness services), Cheres (social investing), Communikind (holistic health/clean products), ComplYant (helping entrepreneurs (..)

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Why Amazon Is the Undisputed E-Commerce Growth Leader

Startup Professionals Musings

From meager beginnings selling books online back in 1994, Amazon is currently the largest e-commerce retailer and cloud computing platform in the world, and now dominates even the giant Walmart. A platform is a business model and capability that can be accessed and customized by external users.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

The company’s technology works as a middleware including an SDK and a contract notification and monitoring service. ” Contracts could also be disputed if their execution was triggered accidentally or due to the actions of attackers trying to hack a platform.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. What most excites you about the technology industry here today?