socalTECH

JANUARY 17, 2020

Homebound , a startup which rebuilds homes after disasters--and which has offices in Malibu--has raised $35M in a Series B funding, the company disclosed this week, bringing its total raised to $53M. The startup--which is split between Santa Rosa, California and Malibu, California--said the Series B was led by Los Angeles-based Fifth Wall Ventures, and also included Khosla Ventures, Google Ventures, Ashton Kutcher, and Thrive Capital.

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Malibu Google Los Angeles Design 113

L.A. Business Journal

JANUARY 17, 2020

Santa Monica-based venture investors March Capital Partners led a $32 million funding round for data startup ActionIQ.

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Capital Santa Monica Funding Startup 130

socalTECH

JANUARY 17, 2020

Santa Monica-based Cornerstone OnDemand. announced on Thursday that it has acquired Clustree , a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles. Cornerstone OnDemand said it agreed to paid approximately $18.5M in cash for Clustree, which is based in France.

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Cornerstone OnDemand Artificial Inteligence Santa Monica Organization 113

L.A. Business Journal

JANUARY 17, 2020

Warner Bros. Pictures International is betting that artificial intelligence can help manage its expansive catalog.

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Artificial Inteligence Help 130

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.

Company

Startup Professionals Musings

JANUARY 17, 2020

Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person. If you can brand yourself as someone to remember, and someone who can deliver, I assure you that you will have no trouble finding investors, as well as customers.

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Entrepreneur Blogging Examples Customer 129

L.A. Business Journal

JANUARY 17, 2020

Burbank-based Entertainment Partners has acquired Culver City-based software developer SyncOnSet Technologies Inc.

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Culver City Hollywood Software Burbank 130

L.A. Business Journal

JANUARY 17, 2020

Small satellite launch firm SpinLaunch Inc. has raised a $35-million equity round.

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Equity 130

socalTECH

JANUARY 17, 2020

Elon Musk , the founder of SpaceX and Tesla Motors , says the goal of all of the spacecraft development at SpaceX is to send one million people to Mars by 2050. Saying that "there will be lots of jobs on Mars", Musk said he wants to load up a fleet of SpaceX Starships into Earth Orbit, sending nearly 1,000 ships at a time over 30 days every 26 months to the Red Planet, "Battlestar Galactica" style.

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SpaceX Hawthorne Los Angeles Angel 100

Xconomy

JANUARY 17, 2020

Perhaps the most talked-about news at the JP Morgan Healthcare Conference this week was a new startup that launched with $200 million and an ambitious claim its first drug would be approved within five years, and 10 more within as many years. Cambridge, MA-based EQRx contends it will be able achieve its goals by re-engineering the way new drugs are created, tested, and commercialized—significantly accelerating the typical drug development timeline in ways others have been unable to do.

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Conference News Funding Startup 59

L.A. Business Journal

JANUARY 17, 2020

Five months after announcing a negotiated settlement in a sex discrimination and pay inequity lawsuit, Riot Games Inc. could be headed back to court.

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Riot Games 130