Nacelle Raises $50 Million For Ecommerce Solutions
L.A. Business Journal
AUGUST 19, 2021
Software company Nacelle has raised $50 million in a Series B funding round.
Thu.Aug 19, 2021
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Do you tell someone “WHY” along with “WHAT?”
Berkonomics
AUGUST 19, 2021
How to get more performance from your directives. Empowering your direct reports with the reasons for your orders gives them incentive to act, motivation to accept authority, and purpose behind action. I try to teach this with the simple phrase that is the headline of this insight. Wouldn’t you want to know “why” if you thought an order illogical? Think of the last time someone above you in your business or personal life gave you an order to do something that seemed either illogical or of low p
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RepairSmith Pulls Up WIth $42M Funding For Mobile Auto Repair
socalTECH
AUGUST 19, 2021
Los Angeles-based mobile automotive repair startup RepairSmith, led by Joel Milne, has raised $42M in a new funding round, the company announced this morning. The Series B funding came from TI Capitl, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital. According to the company, the funding will go towards rapid expansion of its service. The company offers up mobile automotive repair and maintenance in 650 cities.
RepairSmith Raises $42 Million For On-site Repair Platform
L.A. Business Journal
AUGUST 19, 2021
Automotive technology company RepairSmith has raised $42 million in Series B funding for its on-site repair platform.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
Clearlake's Symplr Acquires SpinFusion
socalTECH
AUGUST 19, 2021
Symplr, the enterprise healthcare software developer which is owned by Santa Monica-based private equity investor Clearlake Capital Group, has acquired SpinFusion, a developer of healthcare scheduling software. Financial details of the acquisition were not announced. Symblr develops governance, risk management, and compliance software-as-a-service, used for enterprise healthcare operations.
Breaking the Series A Barrier: From Seed to Series A
SoCal Tech Calendar
AUGUST 19, 2021
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Apeel Sciences Takes $250M More
socalTECH
AUGUST 19, 2021
Santa Barbara-based Apeel Sciences, which has developed a plant-based coasting for fresh produce to extend its shelf life, has raised another big $250M funding round, a Series E for the company. The funding was led by Temasek, and also included Mirae Asset Global Investments, GIC, Viking Global Investors, Disruptive Technology Solutions, Andreessen Horowitz, Tenere Capital, Sweetwater Private Equity, Tao Capital Partners, K3 Ventures, David Barber of Almanac Insights, Michael Ovitz (Creative Art
Bird Sees Record Results, Adds New E-Bike
socalTECH
AUGUST 19, 2021
Los Angeles-based micromobility provider Bird said this morning that it has seen record second quarter and first half fiscal 2021 financial results, with $60.0M in revenues in Q2, which was 36 percent above its expectations. The company said the results are a 477 percent increase from the same period in 2020, when it only had revenues of $10.4M. Bird appears to be benefiting from the surge in the economy as pandemic restrictions have loosened, especially compared to Q2 of 2020, when most of the
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