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

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. Image Credits: SpotOn.

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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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FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

TechCrunch LA

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angeles tech community. . ” With all of that, replenishment is not a focus for the company at the moment.

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Interview with Paige Craig, Betterworks

socalTECH

Craig has recently uncloaked his stealth startup, BetterWorks (www.betterworks.com), focused on helping companies to manage and offer fringe benefits to their employees. What we're giving companies, is a platform to create, manage, and measure perks for all of their employees. Beyond that, it's really about real time recognition.

Startup 216
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How Addroid Is Hoping To Solve The Ad Industry's Flash Problem, with Matt Cooper

socalTECH

There's been a huge debate over the future of Adobe's Flash raging over the last month, as both Google and Mozilla disabled Flash due to security holes and other issues. One company which has been working on solving the Flash problem is Los Angeles-based Addroid (www.addroid.com). It worked so well, Hollywood abandoned the 40K format.

Hollywood 100
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Wearable Smart Devices | Ushering in the Future of Smart Technology

Tech Zulu Event

Today, there are many companies competing for innovation in the field of wearable tech. Although there are many companies making variations on the product, Google’s seems to be the most advanced and streamlined. At the same time, companies such as AIQ have begun to produce smart clothing. Smart Clothing.

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Interview with Gabe Grifoni, Rufus Labs

socalTECH

Rufus Labs is one of a number of hardware startups which have started to proliferate in the community, due to low cost hardware, 3D printing, and crowdfunding sites like Kickstarter and Indiegogo. Gabe Grifoni: The most advanced companies today are using devices that are hand held, like a tablet or smartphone.