Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. The former CFO of MarketShare, Heyrick has helped the company expand to over 11,000 massage therapists in its network.

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SmartDrive Wins Paving Company

socalTECH

San Diego-based driving safety and monitoring systems provider SmartDrive Systems announced this morning that it has signed up Superior Paving, a large asphalt paving company on the East Coast, as a new customer. smartdrive paving company driver safety fleet auto automotive transportation

Tinder Sues Parent Company

L.A. Business Journal

has filed a lawsuit against parent company InterActiveCorp., alleging IAC purposefully undervalued the company to avoid proper payouts to executives Match Group dating app subsidiary Tinder Inc.

NantWorks Invests In Daybreak Game Company

socalTECH

Los Angeles-based NantWorks , the investment arm of billionaire Dr. Patrick Soon Shiong, said on Thursday afternoon that it has made a strategic investment in San Diego-based multiplayer online games developer Daybreak Game Company. h1z1 everquest videogame online capital venture company game daybreak nantworks

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016.

The Honest Company Gets $200M Growth Investment

socalTECH

Los Angeles-based The Honest Company , the online natural baby, personal care, and beauty products provider, said Wednesday that it has raised $200M in a strategic minority investment, which came from private equity investor L Catterton. According to The Honest Company, the new funding will go towards its growth strategy, and will go both towards "innovation initiatives" as well as operational capabilities to boost its supply chain and global reach.

The Honest Company Gets $70M

socalTECH

Los Angeles-based The Honest Company , the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday. The funding brings the company''s total raised to $122M.

Selecting a Web Development Company

SoCal CTO

What I didn''t discuss was how you should go about selecting the right company. I just got an email asking about exactly this: I''m with a new company that needs some software built, but doesn''t need (or have the resources for) a large staff of software developers.

Ten of Southern California's Top Software Companies

socalTECH

We've identified ten of the more technically interesting companies working on software in Southern California, using our unscientific, unproven, and undoubtedly biased informal polling. The company handles all the infrastructure required for text messaging, voice.

VC firms of Kevin Durant and Snoop Dogg back Dutchie, a new cannabis delivery service

TechCrunch LA

The company signed on 50 dispensaries in Oregon to help prove out the product and just raised $3 million in a seed round from Casa Verde Capital, The Durant Company, Sinai Ventures and other angel investors.

Framework Benchmarks

TechEmpower

Application performance can be directly mapped to hosting dollars, and for a start-up company in its infancy, hosting costs can be a pain point. About What we do Portfolio People Blog Contact. You are viewing a single entry. Please also check out the most recent entries. March 28, 2013.

The Boring Company Aims To Connect Red Line, Dodger Stadium

socalTECH

The Boring Company , the Los Angeles company founded by Elon Musk to create underground transportation systems, said late Wednesday evening that it is proposing a new, high speed, underground public transportation system specifically designed to connect Los Feliz, East Hollywood, or Rampart Village neighborhoods to Dodger Stadium. According to The Boring Company, the system would connect the Red Line to Dodger Stadium, allowing fans to get to Dodger Stadium in under 4 minutes.

The Honest Company Raises Series E Funding

socalTECH

Los Angeles-based The Honest Company , the natural home products brand, said late Thursday that it has closed on a Series E financing round. The round was led by Fidelity Management & Research Company, along with others. per share, a significant decrease from the company's prior valuation of $45.75. fidelity capital venture ecommerce retail baby products home natural thehonestcompany company honest

Cohu Buys Spring Probe Company

socalTECH

Poway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. The company said Kita had current year sales of estimated $17M. cohu spring probe company kita manufacturing japan electronics merger acquisition

Elon Musk Distributes First 1000 Boring Company Flamethrowers

socalTECH

Watch out, Los Angeles--the first 1,000 "flamethrowers" being sold by Elon Musk's company, The Boring Company , were distributed on Saturday. The flamethrowers--conceived of by Musk partially as a joke in January --are the second off-the-cuff product sold by The Boring Company, which is developing tunnel boring technology for digging underground transportation tunnels across cities. The Boring Company previously sold thousands of hats with the company's logo.

The Honest Company Raises $100M In Series D

socalTECH

Santa Monica-based The Honest Company , which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. The company has now raised around $228M in funding.

Boring Company Wants To Connect Your Garage Directly To Its Tunnels

socalTECH

The Boring Company has received approval from the Hawthorne City Council, to build a prototype system which would take a car from a garage, directly to an underground HyperLoop transportation system. Apparently, The Boring Company recently purchased a private residence--already nearby its existing, one-mile underground tunnel near Hawthorne Boulevard and Prairie Avenue, near SpaceX, where it plans to connect directly through an elevator system to its tunnel.

Wittlebee Acquires Clothing Company

socalTECH

has acquired a clothing company, Cottonseed Clothing Company , the firm announced today. Cottonseed Clothing Company is a provider of t-shirt and apparel for kids. Wittlebee said that Cottonseed was one the first vendors to supply clothing to the company. The firm also said that Cottonseed Clothing CEO Erin Gutierrez will continue to be involved in the manufacturing process for the company. clothes acquisition merger ecommerce science company clothing wittlebe

OpenX Acquires Two Companies

socalTECH

Los Angeles-based OpenX has acquired Mezzobit and PubNation , two companies in the programmatic advertising space, the company said on Monday. Financial details of those acquisition were not announced by the company. According to OpenX, it plans to integrate Mezzobit and PubNation's tools into its platform.

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Guerilla Marketing: An Empty UPS Envelope Doubled This Company’s Sales

InfoChachkie

Note: the company has asked to remain anonymous, as they don’t want to alert their competitors to the success of their Stealth Campaign. However, the erroneously empty envelopes caused the company’s phones to start ringing.

Honest Company Cuts 80 Employees

socalTECH

Los Angeles-based Honest Company , the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees --or nearly 14% of the company--in what the company has billed as a "growth positioning". honest company layoff jobs employment jessica alba baby personal care products ecommerce

Boring Company Wins $1 Billion Chicago Transport System Deal

socalTECH

Chicago has selected Los Angeles-based Boring Company , the tunnel-transportation-hat-and-flamethrower company run by tech mogul Elon Musk, for a $1 billion transportation system. According to Emanuel will be fully funded by Boring Company, with "no taxpayer subsidies". boring company chicago transportation system

LA Taxi Company Challenges Uber, Lyft, Sidecar

socalTECH

UITD--which is one of the companies working with competing smartphone app provider Flywheel to counter the other ridesharing companies--told the LA Weekly it has seen at least a drop of 30 percent in business from weekend club-goers in the South Bay and in West Hollywood.

To Avoid Trouble, Companies Must Support Harassed Employees First

Xconomy

When news breaks about sexual harassment at a company like Uber, the public is likely to believe that the entire business has a cultural problem. In contrast, the same isn’t true for other issues, such as financial misconduct, which the public tends to see as a “bad apple” situation.

Report: Unilever Eyes The Honest Company

socalTECH

Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. The Honest Company has been hinting that it has been working on a possible IPO filing over the last year or so. honestco honest company jessica alba unilever merger acquisition rumor exit

Fixing Tech’s Gender Problem Starts With Company Culture

InfoChachkie

On a micro level, you can do your part to fix tech's gender problem by recruiting people with diverse backgrounds and place them in a company culture that rewards those who challenge the status quo. A version of this article previously appeared in Forbes.

Here's One Tech Company With No Gender Issue: LA's Evite

socalTECH

With all the hand wringing in the tech industry over gender balance and equity, here's one company that apparently has no issue: LA-based Evite , the online invitations service. Evite's gender balance is in stark contrast to such companies as Apple (68% male, 32% female employees and 72% male, 28% male leadership); Uber (63.9% The company is led by CEO Victor Cho. evite gender balance executives diversity report online technology company tech

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PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

Ask the Angels

Socaltech reports that Santa Barbara-based ShipHawk , the online developer of technology for helping connect users with shipping companies, has raised $5M in a funding round, the company said this morning. DN Capital’s Steve Schlenker also joins the company’s board.

The Irvine Company Caught Up In Privacy Struggle Over License Plate Data, ICE

socalTECH

The Irvine Company , which operates a huge list of shopping centers in Orange County and elsewhere, including Fashion Island and the Irvine Spectrum, is in the midst of a flap over license plate data sharing. The report claims that The Irvine Company started using driver license scanning at a number of its locations, using technology developed and operated by the company Vigilant Solutions--which is a contractor providing driver license information to Immigrations and Customs Enforcement.

Netwatch Creates New Company, Rolls Up Security Monitoring Companies

socalTECH

Lake Forest-based Netwatch said today that it has launched a new company, comprised of four visual monitoring companies in the video security area. The new company is backed by private equity funding from The Riverside Company. According to Netwatch, the new company is made up of Netwatch (Ireland), NMC (United States), CalAtlantic (United States) and Onwatch Multifire (United Kingdom).

Entrepreneur's Brilliant Companies List Pinpoint SoCal Startups

socalTECH

brilliant companies nimble parkme quarterly beachmint dollarshaveclub chromatik startup

Los Angeles tech companies take a victory lap with planned tech job fair

TechCrunch LA

Last year saw the city reap windfall exits from the acquisition of companies like Dollar Shave Club, and has a number of promising e-commerce companies… Read More.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

Yardi Wins Insurance Company

socalTECH

Santa Barbara-based Yardi , the developer of real estate and property management software, reported a win Monday with American National Insurance Company. Yardi said that American National is using the company''s technology for property management and accounting. American National Insurance Company is based in Galveston, Texas. yardi insurance company real estate property management software

Elon Musk's Next Boring Company Product: Lifesize LEGO Blocks?

socalTECH

Did you miss out on your limited time chance at the flamethrower Elon Musk sold through his tunneling company, Boring Company? Well, don't despair, as you could be the proud owner of life size, LEGO-like blocks--made from tunneling rock escavated by the Boring Company's tunnelers--which can be used to create structures and buildings. Musk quipped that the company will sell those blocks as kits, with the first based on "ancient Egypt -- pyramids, Sphinx, temple of Horus, etc".