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Ground Control Aims At Voice Activated Entertainment, Backed By CAA

socalTECH

Los Angeles- and Vancouver-based Ground Control , a new startup led by LA technology veteran Mike Macadaan, said on Wednesday that it has launched with the backing of the Creative Artists Agency. According to the company, it is aimed at creating technology and experiences which help consumers find "new experiences".

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Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

TechCrunch LA

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. ” In terms of capitalization, no other mobile gaming studio comes close.

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LA's New Wave Of Companies From Serial Entrepreneurs

socalTECH

LA's technology startup industry has saw a surge in new companies and efforts from its serial entrepreneurs in the last few months. Here's a quick look at just a few of the new companies who are led by serial entrepreneurs from the LA ecosystem. Entering Startup image courtesy Mike @ flickr. Funding status: Backing from CAA.

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Snap accelerator names its latest cohort

TechCrunch LA

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The list of new companies include: Brightly — an Oakland, Calif.-based based media company angling to be the conscious consumer’s answer to Refinery29. Hardworkers — a Cambridge, Mass.-based

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Adtile Launches Mobile VR Software

socalTECH

San Diego-based Adtile Technologies has launched a new software product, which the company says allows smartphone users to experience virtual reality without special goggles or hardware. The company said the new product is aimed at the publishing, fashion, real estate, retail, entertainment, automotive, science and other industries.

Mobile 100
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn. Image Credits: SpotOn.

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Midnight Lights Up With $7.5M

socalTECH

The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others.