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D&B Credibility Builds Executive Powerhouse in Malibu

socalTECH

On a hillside overlooking the Pacific Ocean in Malibu, Internet veteran Jeff Stibel has quietly been assembling a powerhouse team of executives, gathered from his experience building companies like Web.com and United Online. The company has since doubled its worldwide staff to more than 500, and grown its Malibu headquarters by five times.

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Homebound Gets $35M More For Home Rebuilding

socalTECH

Homebound , a startup which rebuilds homes after disasters--and which has offices in Malibu--has raised $35M in a Series B funding, the company disclosed this week, bringing its total raised to $53M. The company's founders are Nikki Pechet and Jack Abraham. The company charges a fee based on the cost of a rebuild project. READ MORE>>.

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MalibuIQ, HRL Team On Commercialization Effort

socalTECH

Malibu-based MalibuIQ and HRL Laboratories , the former research and development arm of Hughes Aircraft which was previously known as Hughes Research Laboratories, said Tuesday that they have tied together to commercialize inventions and IP from HRL. MalibuIQ is co-located at HRL's hillside campus, which overlooks the city of Malibu.

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Tastemade, Jaunt Tap Ryan Seacrest, Conan O'Brien For Tour Through LA

socalTECH

According to the two, A Perfect Day in Los Angeles is a virtual reality travel experience which takes viewers through a tour of LA's most iconic sites (Stan's Donuts, Universal Studios Hollywood, The Rock Pool at Malibu Creek State Park, etc.) The companies said the virtual reality experience was actually created in a partnership with LA24.org,

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Dun & Bradstreet Credibility Backs Startup America Effort

socalTECH

Malibu-based Dun & Bradstreet Credibility Corp. , set up shop in Malibu last year, after private equity firm Great Hill Capital partnered with Stibel to buy D&B's credit rating unit. Startup America was launched earlier this year by the White House, to attempt to drive job growth in the country via entrepreneurship.

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Down bad

TechCrunch LA

This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. Three Arrows Capital, Pantera Capital and Dragonfly Capital.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0