Vertebrae Launches Augmented Reality E-Commerce Platform

L.A. Business Journal

12 the launch of its new e-commerce AR platform, Axis Santa Monica-based augmented reality advertising and software provider Vertebrae announced Nov.

FASHIONPHILE Finds $38.5M For Luxury E-Commerce

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Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M in a Series B funding round. The funding was led by private equity firm NewSpring Growth. The company is also backed by Neiman Marcus. FASHIONPHILE was founded in 1999.

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LiveXLive Acquires E-Commerce Company For $6M

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Los Angeles-based LiveXLive Media , which operates a livestreaming and on-demand audio, video, and podcasting service, says it has signed an agreement to acquire Custom Personalization Solutions, LLC , in a deal worth up to $6M. According to LiveXLive, it signed a binding Letter of Intent to acquire CPS in an all stock deal, which is expected to close by December 31st, 2020. LiveXLive said that CPS had approximately $19M in revenue in 2019.

Tealium Links Into IBM Commerce

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Los Angeles-based NantBiosciences , one of the group of companies created by billionaire entrepreneur Patrick Soon-Shiong, has raised $100M in San Diego-based Tealium , the developer of enterprise "tag" management software led by Jeff Lunsford, said today that it has connected its software into IBM Commerce. Tealium said the link allows users of IBM's e-commerce tools to more quickly launch personalized marketing campaigns and provide more relevant customer experiences.

Petco Names Digital, E-Commerce Head

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San Diego-based pet supply retailer Petco has named Darren MacDonald as the company's new Chief Digital and Innovation Officer, according to the company, to head up its e-commerce, app, prescription fulfillment, as well as employer wellness benefits offerings.

Magento Commerce Acquired By Adobe For $1.68 Billion

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Culver City-based Magento Commerce , which develops e-commerce software, has been acquired by San Jose-based Adobe , in a deal worth $1.68 According to the two, the Magneto Commerce Cloud will be integrated into Adobe's Experience Cloud platform. magento commerce adobe merger acquisition software ecommercebillion, the two said on Monday. Adobe said Magento CEO Mark Lavelle will continue to lead Magento's team. READ MORE>>.

CPO Commerce Acquired By United Stationers

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Pasadena-based CPO Commerce , an e-commerce company focused on tools, equipment, outdoor and yard equipment, and other related products, has been acquired by United Stationers. United Stationers said the move would help bolster its e-commerce expertise. CPO Commerce had $78M in fiscal 2013 year sales, according to United Stationers. commerce united stationers merger acquisition ecommerce tools equipment outdoors home

Hello Music Upgrades Social Commerce Service

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Los Angeles-based Hello Music , the social commerce marketplace run by Rick Camino, has updated its site, with a brand new design and features. hello music musician social ecommerce commerceThe firm said "Hello Music 3.0" includes new features like a social shopping feed; ability to like, pin, tweet, and comment on any products on the site; new, daily deals on gear and services; along with other enhancements. Hello Music said the new site is a result of over 12 months of work.

Provide Commerce Buys Mobile Gifting Firm Sincerely

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San Diego-based Provide Commerce , the company which owns such brands as ProFlowers, RedEnvelope, Gifts.com, and other e-commerce sites, announced this morning that it has purchase mobile gifting startup Sincerely, Inc. As part of the acquisition, Provide Commerce said that Sincerely''s founders, Matt Brezina and Bryan Kennedy, will continue with the firm to bring new products to market.

Provide Commerce Buys Personal Creations

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San Diego-based Provide Commerce , the parent firm of ProFlowers, RedEnvelope, Cherry Moon, and other ecommerce operations, announced this morning that it has acquired personalized gifts company Personalized Creations. Provide Commerce said the acquisition will help complement the firm's existing products, and also help it gain marketing and manufacturing capabilities in the personalized gifting space.

Ingram Micro Makes Investment In E-Commerce Logistics Robotics Firm

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Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificial intelligence and mobile, articulated robots for the logistics industry. Ken Beyer, Executive Vice President and President, Commerce & Lifecycle Services at Ingram Micro, joins the board at HDS as part of the investment round.

TrackStreet Takes $2M For E-Commerce Monitoring

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Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday. The seed funding was led by Okapi Capital, and also included Stage Venture Partners, SaaS Capital, and angels.

Punchcard Links With Pasadena Chamber of Commerce

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Pasadena-based Punchcard , the startup headed by Andy Steuer which is developing mobile applications to enable local businesses to run punchcard-based loyalty programs, said today that it has linked with the Pasadena CHamber of COmmerce to enable local Pasadena businesses to use its service. punchcard pasadena chamber commerce idealab loyalty mobile android

Silicon Beach Report July 3: Creators Capitalize on Snap Commerce

L.A. Business Journal

Citymapper adds Bird scooters, Snapchat opens commerce to creators, Harper Wilde raises $2 million

E-Commerce Startups, Legacy Stores Grapple With Changing Retail Scene

Xconomy

The changing of the guard transforming retail is accelerating. Sears, the nation’s first “everything store,” is teetering toward bankruptcy after years of stagnation as industry leaders prepare to gather in New York at the National Retail Federation’s annual conference. Yet, new startups—aided with tech tools like artificial intelligence, chatbots, and the like—are trying to reinvent how to connect shoppers with the goods they want to buy.

Retina Launches AI, Machine Learning Tool For E-commerce Companies

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Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses. helps e-commerce companies lower their cost-per-acquisition (CPA) of customers by up to 20 to 30 percent.

Retailers, Startups Work to Offer Efficient E-Commerce Delivery

Xconomy

The Seattle e-commerce giant told analysts the move would cost around $800 million but that didn’t appear to concern investors. The on-demand delivery war in retail is on. In its quarterly earnings call Thursday, Amazon (NASDAQ: AMZN ) announced it would switch to one-day shipping for Prime members, halving the time the 100 million-plus people who subscribe to the service must wait before receiving their purchases.

Ride-Sharing Commerce Company Cargo Enters L.A

L.A. Business Journal

Cargo Services Inc., a mobile marketplace headquartered in New York City, announced June 14 that it is expanding to Los Angeles. The company, which allows Uber and Lyft drivers to receive complimentary boxes stocked with retail items, has already bought a warehouse in Ontario, Calif

GovX Gets $11.5M For E-Commerce Efforts

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San Diego-based GovX , which operates an online, e-commerce site specifically serving active, reserve and veteran U.S. Military, law enforcement, fire, emergency rescue, and government employees, has raised $11.5M in combined Series A and B funding. The funding was led by Alestra Ltd. annd Arbor Group, along with Star Avenue Capital, Seth Hamot (SPY Optic and Roark, Rearden & Hamot Capital Management), and Philip McConkey. The company says it has now raised $21M in funding.

Overwatch League, Fanatics Link Up On Licensing, E-Commerce

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Overwatch League , the e-sports league created by Irvine's Blizzard Entertainment, has just inked a sports merchandising deal with Fanatics , which will include retail, licensing, and e-commerce efforts. According to the two, Fanatics will become the official retail partner of the Overwatch League, in what is the first e-sports deal ever for Fanatics. Financial details of the deal were not announced. The two said the deal will give Fanatics the U.S.

Qualcomm Names Mobile Commerce Head

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San Diego-based Qualcomm announced this morning that it has named Rocco Fabiano as new head of its mobile commerce subsidiary, Firethorn Holdings LLC. Tags: qualcomm firethorn mobile commerce executive Qualcomm said that Fabiano will act as President of Firethorn, heading up strategic direction and market expansion for the unit.

E-Commerce Startups Open Door to Endless Virtual Closet

Xconomy

Now, thanks to a growing number of e-commerce companies, the ability to share goods and services is being applied to our wardrobes through programs that offer clothing rentals for a monthly fee. It’s the kind of clothes swapping that women have been doing offline since, likely, as long as there have been garments, says Emily Fox, director of marketing communications at LeTote, a San Francisco e-commerce startup. The sharing economy is moving into our bedroom closets.

TabJuice Takes On Facebook E-Commerce

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San Diego-based TabJuice , a new startup aimed at social e-commerce, said today it has launched a new, Facebook e-commerce application. The firm said its application allows businesses to create their own storefronts within a Facebook page. The firm is backed by J. Christopher Capital, and headed by Dylan Whitman, who also heads up CheapSally.com and digital marketing agency Flank Digital. READ MORE>>. tabjuice facebook ecommerce social startup media storefront

Enrou: Combining Causes and Commerce To Help Improve The World

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We spoke with Ann Wang , co-founder of Enrou, to learn more about how the company wants to help tie together the world of e-commerce and worthy causes to help improve the world. They were doing great work, but they had no e-commerce or marketing team to get them out there. charity marketplace ecommerce commerce causes interview enrou wang How can you make your shopping during the holidays more than just a gift--but something that might actually improve lives around the world?

U.S Dept. of Commerce Grants $500,000 to Cal State L.A. For Bioscience Bootcamp.

L.A. Business Journal

Department of Commerce granted nearly $500,000 to California State University, Los Angeles and its partners, the Biocom Institute and the Los Angeles Cleantech Incubator (LACI), to fund the creation of a bootcamp for bioscientists in the region The U.S.

Startup Combines E-Commerce, Augmented Reality

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The startup said today that it has launched a module for e-commerce platform PrestaShop. The link allows shoppers using PrestaShop's apparel e-commerce software to virtually "try on" outfits if they own a web camera. How do you make it easier for consumers to try out different outfits, when they can't because they're in front of their computer screen?

Alto Lands $50M as Pharmacy Sector Embraces E-Commerce Lessons

Xconomy

The pharmacy industry’s transformation is accelerating, as traditional drug retailers strike deals to expand their businesses and fend off technology startups encroaching on their territory. The latest salvo in the increasingly competitive sector is a $50 million investment in Alto Pharmacy, a San Francisco-based “digital pharmacy” startup that has offices in Denver.

Lumi Lands $9M For Custom Packaging For E-Commerce Brands

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The company helps manage manufacturing of custom boxes and other packaging for e-commerce and other brands, using a network of suppliers. Los Angeles-based Lumi , which provides the fancy, custom packaging you might see from MeUndies or FabFitFun, has raised $9M in a Series A funding, the company said on Wednesday. According to Lumi, the funding round was led by Spark Capital, Forerunner Ventures, and Homebrew. Lumi was founded by Jesse Genet and Stephan Ango.

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. Everyone wants to grow and innovate like Amazon these days. In my role as a business advisor, I’ve long wondered how to pass their secrets along to other new ventures. Recently, I saw some help in that regard in a new book, “ Think Like Amazon ,” by John Rossman, a former top executive at Amazon.

Report: E-Commerce Spending Down 2 Percent

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The latest retail e-commerce numbers from comScore came out today, with the measurement firm saying that U.S. comScore said this is the first time on record that there has been consecutive quarters of negative e-commerce spending growth from the prior year. Last quarter, e-commerce sales were down 1% from prior year numbers. Tags: spending retail comscore ecommerce e-commerce

Rocket Lab Puts $7.5M Mission Coin On Their E-Commerce Site

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Huntington Beach-based Rocket Lab , the provider of small satellite rocket launches, has just put a "Gold Mission Success Coin" on its e-commerce website for a mere $7.5M, in what clearly is a bit of spaceflight humor. According to Rocket Lab, the "Gold Mission Success Coin" can either be purchased on its e-commerce website, or it is included free with the purchase of dedicated launch on Rocket Labs Electron vehicle.

Loot Crate Launches New Fan Commerce Site, Loot Vault

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Los Angeles-based Loot Crate , which delivers monthly bundles of pop culture, gaming, and entertainment products to fans, launched a new fan commerce site, Loot Vault on Tuesday. The new site lets fans of the service snag some of the company's prior "crates", as well as special products.

Patagonia Names E-Commerce VP

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Ventura-based Patagonia , the outdoor clothing maker, said today that it has named a new, Vice President of Global E-Commerce. The firm said it has named Dmitri Siegel to the new position, directing its e-commerce strategices and international markets. Siegel was most recently at Urban Outfitters, and also has served at the Sundance Channel and Bravo. At Urban outfitters, Siegel headed up that firm's mobile site, iPhone applications, and social media efforts. READ MORE>>.

E-Commerce Innovations in the Mix at Consumer Tech Conference

Xconomy

Seattle-based e-commerce giant Amazon (NASDAQ: AMZN ) is expected to unveil its first augmented-reality glasses to pair with Alexa, its digital assistant, at the Consumer Electronics Show, or CES, in Las Vegas this week. Alexa is now mobile. The glasses were developed for Amazon by Vuzix , a Rochester, NY -based wearable tech company, and can communicate with Alexa and display information in the wearer’s field of view.

PayDragon Takes On Frictionless Mobile E-Commerce

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Hamilton Chan, head of PayDragon , has what might be considered a enormously ambitious goal: totally frictionless, mobile e-commerce. Chan is one step closer to that--or perhaps, as close as you're going to get--with PayDragon's latest mobile app, which lets users scan in a UPC on any item, and instantly order that item for delivery by mail. Want another package of those chips on your desk? Scan the UPC with the app, click "pay and order". Want another can of that soup in your pantry?

Holiday E-Commerce Spending Hits Record $46.5 Billion

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Holiday spending via desktop e-commerce hit yet another record this holiday season, reaching $46.5 retail e-commerce spending hit $46.5 According to comScore, despite the records, the spending was below the forecasted 14 percent growth it had forecast for desktop spending during the season, whic includes all e-commerce sales from desktop computers between November 1st and December 31st of 2013.

NuORDER Nabs $3M For Fashion E-Commerce

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NuORDER , a developer of e-commerce software for fashion brands and retailers, has scored a round of funding led by GRP Partners, the company said this morning. The Los Angeles software provider said the $3M, Series A financing round was led by GRP Partners, and also included Greycroft Partners, Aileen Lee, David Tisch, Creative Artists Agency, Brian Spaly, Mortimer Singer and Rachel Zoe Inc.

Fans.lu Powers E-Commerce Store For Stan Lee Title

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Fans.lu , the Los Angeles- and Detroit-based startup providing e-commerce stores for brands, said this week that it has launched a new e-commerce store for the videogame Verticus, in partnership with Los Angeles mobile entertainment publisher Moonshark.

SEKUR.me Looks To Connect With Mobile Commerce Firms

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Santa Ana-based SEKUR.me , a startup developing multi-factor, mobile authentication and payment technology, said today that it has launched a new Strategic Alliance program to help enable mobile e-commerce payments. The startup, led by Jack Bicer, said it is aiming at telecoms, financial institutions, social media, smartphone manufacturers, healthcare, and large systems integrators. The company said its product helps enable secure, mobile payments on iOS and Android. READ MORE>>.

Epicor Buys ShopVisible For Cloud E-commerce, Ordering

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Epicor , the enterprise software developer which has major operations in Orange County, said this week that it has acquired a cloud-based developer of management and e-commerce software called ShopVisible. ShopVisible is the second, retail e-commerce software company Epicor has acquired in the last two month.

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.

Avalon Ventures Backs Indix For E-Commerce Product Data

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Indix has a giant database of detailed specifications and details of all kinds of products, which are used by e-commerce providers, retailers, brands, and other customers for selling their products. San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix , as part of a $15M Series B funding.

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Darkstore launches FastAF app for same-day product delivery

TechCrunch LA

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF.