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Arrive Adds Resale Features To E-commerce Platform

socalTECH

Santa Monica-based Arrive, a developer of a technology and reverse logistics services, says it has added resales to its enterprise rental platform. The company's product is focused on what the company says is roughly 25% of e-commerce orders are returned which cannot be resold full--price.

Commerce 113
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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. Sales, Sony Music Entertainment, in a statement. .

Tool 315
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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

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. READ MORE>>.

Commerce 124
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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The cuts, which amount to around one-third of Glossier’s corporate workforce, will primarily impact the company’s technology team. “[W]e W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff.

CTO Hire 197
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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”

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Entrepreneurship Runs Deep In SoCal, As Even Monks Go Into E-Commerce

socalTECH

In one more example of why Southern California has become a hotbed for new, technology-based startups, a group of local Benedictine monks in Valyermo--just north of Los Angeles near Palmdale--apparently has its own, hot e-commerce startup, MonksInk.com. Monks are better known for selling things like beer , cheese , and honey.

Commerce 180
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Magento Names Global Sales VP

socalTECH

Culver City-based Magento , the e-commerce software provider which is now part of eBay's X.Commerce unit, said Friday that it has named Glenn Hasen as Vice President of Global Sales and Channels. Hasen joins the firm from Zend Technologies, where he directed worldwide field operations.

Sales 157