Tue.Oct 05, 2021

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Jurny Finds $9.5M For Property, Guest Management

socalTECH

Los Angeles-based Jurny, a developer of software used by independent hotels and vacation and short-term rental property operators for property and guest management, has raised $9.5M in a funding round. The funding was led by Mucker Capital. According to the company, the funding will go towards global expansion of its product, Jurny Virtual. The company's software provides both front- and back-office automation for hospitality providers, and Jurny also provides service like 24/7 inquiry support a

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StratoLaunch Adds Former Defense Secretary To Advisory Board

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Mojave-based space launch provider StratoLaunch has added a former defense official to its Technical Advisory Group, the company said on Monday. According to Stratolaunch, it has added Dr. Mark Lewis, most recently the Acting Deputy Under Secretary of Defense for Research and Engineering for the U.S. Department of Defense, to the group. The company said that he was responsible for research, development, and prototyping activities, and was the senior-most scientific professional in the Pentagon,

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Blue Fever Acquires Trill Project

socalTECH

Los Angeles-based wellness app developer Blue Fever, a startup which is backed by Amazon's Alexa Fund, said on Tuesday that it has acquired Trill Project, a developer of a social network built focused on self-care for teens. Financial terms of the acquisition were not announced. According to Blue Fever, the acquisition will help it fuel its growth. The company says its customers primarily consist of young women.

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Romeo Power Expands In Cypress

socalTECH

Los Angeles-based electric vehicle battery maker Romeo Power says its is expanding its operations in Southern California, and has signed a lease for a new, 215,000 square foot facility in Cypress. According to the company, the new location is both its headquarters and will serve as a manufacturing facility. The company said the new faclity will supports its expansion of battery development and testing capabilities.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Honey Expands Cash Back Through PayPal

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Los Angeles-based Honey says it is extending its service, and adding new, cash back options through PayPal. The service--which helps users find coupons and rewards for e-commerce purchases--says that people using its browser extension for shopping can now earn cash back through its desktop browser extension, mobile app and new iOS Safari for mobile extension.

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Orca Security Secures $550M

socalTECH

Los Angeles-based Orca Security, a cloud-based security provider, has raised a big, $550M Series C funding round, with a valuation of $1.8 billion, the company said this morning. The company--led by CEO Avi Shua--said the new funding was led by Temasek. Orca Security said the funding round also included CapitalG (Alphabet's independent growth fund), Redpoint Ventures, GGV, ICONIQ Capital, Lone Pine Capital, Stripes, Adams Street Partners, Willoughby Capital, and Harmony Partners.

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