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Swell Energy’s new deal in New York shows how the company plans to spend the $450 million it’s raising

TechCrunch LA

Homeowners that participate in the project may qualify for incentives that lower the cost of the systems, which are initially being offered to residents of Forest Park, Glendale, Hunters Point, Long Island City, Maspeth, Middle Village, Ridgewood, Sunnyside, and parts of adjacent neighborhoods in Queens.

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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

In all, the new $500 million round likely sets the stage for a public offering later this year or before the end of 2022 if market conditions hold. Based in Glendale, Calif., The market for home services employs more than 5 million workers in the US and represents a trillion dollar global market.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The city of Glendale, Calif. The company is ServiceTitan, and its market… is air conditioners. seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. “Silicon Beach” this ain’t.

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Dreamworks In Online Distribution Deal In China

socalTECH

Glendale-based Dreamworks Animation SKG said today that it has inked its first, online distribution agreement ever in China, to distribute its KungFu Panda films in Mainland China via Internet TV firm Youku.com. Youku is an online video site catering to the Chinese market. Financial details of the deal were not announced.

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Thanks to socalTECH's sponsors!

socalTECH

Binary Pulse Technology Marketing (www.binarypulse.com). We Create Demand for California's Technology Companies. The City of Glendale (www.thinkglendale.com). Think Glendale. Thanks to all of our sponsors, who make our coverage of Southern California's. technology industry possible: Sponsors. Need office or Tech Space?

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Thanks to our sponsors!

socalTECH

Binary Pulse Technology Marketing (www.binarypulse.com). We Create Demand for California's Technology Companies. The City of Glendale (www.thinkglendale.com). Think Glendale. Middle Market Investment Banking. Silicon Valley Bank (www.svb.com). Helping entrepreneurs succeed. Need office or Tech Space?

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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Given SVBs market position, that is great news. The Playa Vista company is aggressively taking market share and could go public. Nonetheless, I expect that in 2019 the VC market will shift toward demanding profit.