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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Now the city’s enterprise tech scene can claim a really big winner with Signal Sciences , the security monitoring and management company that is getting bought by Fastly , a provider of content delivery networking services, for $775 million. Signal Sciences secures $35 million investment to protect web apps.

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Getaround Expands Car Sharing Service To LA

socalTECH

Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. The San Francisco company's service works through something called Getaround Connect, technology which allows renters to locate and unlock a car using an iOS or Android smartphone app. READ MORE>>.

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White House Order Bans TikTok, WeChat

socalTECH

The executive order cited a "national emergency with respect to the information and communications technology and services supply chain". employees, with its largest office in Culver City. TikTok has 1500 U.S. READ MORE>>.

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Techstars LA Draws International Companies For 2021 Class

socalTECH

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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4 Reasons to Use a Local Managed Network Services Provider

Southern California Edison Blog

Enterprises trying to manage their own network often face challenges related to unreliable service, a lack of in-house expertise, and time-consuming maintenance. Here are the top four benefits for working with a local services provider: . 2- Personalized Services . 1- Cost Savings. 3- Increased Security.

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Media Temple Parent GoDaddy Approaches IPO

socalTECH

The parent company of Culver City-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering. mediatemple godaddy merger acquisition exit banker investment hosting domain' READ MORE>>.

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All Def Digital Gets $10M

socalTECH

Culver City-based All Def Digital , an urban youth programming media brand co-founded by Sanjay Sharma and Russell Simmons, has raised $10M in a Series B financing. All Def Digital said the funding will go towards original programming, distribution, and brand marketing services. READ MORE>>.