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Interview with Michael Dubin, Dollar Shave Club

socalTECH

Earlier this month, Los Angeles startup Dollar Shave Club (www.dollarshaveclub.com) made a huge splash with its launch of a subscription, monthly delivery service for razor blades. Dollar Shave Club came to me about two years ago, in December of 2010, when I met my co-founder, who was my friend's fiancĀ's father.

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Retina.AI Finds $2.5M In Funding

socalTECH

Los Angeles-based Retina has raised $2.5M Retina develops customer lifetime value software which companies used to determine how much their customers are worth to them, helping them to optimize their cost-per-acquisition. Retina's customers include Dollar Shave Club. The company's CEO is Michael Greenberg.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

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FloQast Wins WP Engine

socalTECH

Los Angeles-based accounting management software FloQast reported a win today with WordPress hosting service WP Engine. FloQast develops close management software for accountants. Financial details of the win were not announced. FloQast says WP Engine has more than $132M in annual recurring revenues. READ MORE>>.

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Garcetti, With Eye On 2020, Takes LA Innovation Model Nationwide

socalTECH

Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has gained a reputation in Los Angeles for his pro-growth and pro-startup efforts.

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Retina Launches AI, Machine Learning Tool For E-commerce Companies

socalTECH

Los Angeles-based Retina , a startup which develops machine learning and artificial intelligence software for predicting customer lifetime value (CLV) of a company's customer, said it has launched a new tool that it is offering up to small to middle-market e-commerce businesses.

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Enjoius Gets $1.4M For Online Party Planning Site

socalTECH

Los Angeles-based Enjoius , an online party planning website, has raised $1.4M Enjoius said the new funding goes towards product development and marketing. in a seed funding round. The startup is led by CEO and founder Christopher Cunningham. READ MORE>>.