Thu.Sep 10, 2020

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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TikTok Discussing Options With US

L.A. Business Journal

TikTok’s parent company, Beijing-based ByteDance Ltd., is reportedly in discussions with the U.S. government on ways to avoid a complete sale of TikTok’s U.S. operations.

Sales 130
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Imran Khan’s Verishop adds Verified Shops, a way for emerging brands to set up shop in its digital mall

TechCrunch LA

Verishop , the Los Angeles online retailer founded by former Snap executive Imran Khan, launched a little over a year ago to change the way people shop online. Now the company is launching a new initiative called “Verified Shops” which looks to change the way that up-and-coming retail brands can sell their wares. . As direct-to-consumer and upstart brands look for new ways to sell, they’re increasingly turning to online partners to grow their businesses.

Commerce 173
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OpenX Names New CFO

socalTECH

Los Angeles-based advertising technology and ad exchange operator OpenX announced on Wednesday that it has named Mark Liao as the company's new Chief Financial Offier. Liao was previously at Amobee, where he had served as CFO for over three years. He previously had also served at Turn, iSocket, and Yahoo!, where he had been VP of Business Operations and VP of Operations Finance for the Yahoo!

OpenX 124
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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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Final Agenda Released for the Sept. 21 Xcelerate Keynote Series at Biotech Week Boston

Xconomy

Presented by Xconomy, the online Xcelerate Keynote Series at Biotech Week Boston on Monday, Sept. 21 places a spotlight on life science leaders who are breaking new ground with methods and solutions in R&D, planning, and production that are improving patient outcomes. As the industry navigates uncertainty, the keynote speakers will help drive your business forward by sharing insights on how their sectors are adapting to challenges, combating disruptive forces, and preparing for what the futu

Help 63
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VertueLab Launches Climate Impact Fund With Donation From LA Philanthropists

socalTECH

A new, climate-focused investment fund--the VertueLab Climate Impact Fund --said it launched yesterday afternoon, fueled by a donation from a couple of Los Angeles area philanthropists. Portland-based VertueLab said it launched its $5M, Climate Impact Fund with the first close of $525,000 from the Woka Foundation, ImpactAssets, Vanguard Charitable and a number of individuals.

Funding 124

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Bonfire Ventures Closes Second Fund, Bonfire II

socalTECH

Los Angeles-based Bonfire Ventures has closed its second fund, Bonfire Ventures II , at $100M. According to the firm, the new fund was oversubscribed. The fund is a boost from the firm's last fund, which closed in January of 2017 at $63M. Bonfire says it plans to invest in 25 to 30 companies over a three year investment period, focused on the seed stage of investing.

Funding 113
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Seismic Names VP

socalTECH

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Cole was previously VP and Research Director at Forrester-SiriusDecisions. According to Seismic, Cole has over 20 years of expertise and leadership in the area, and also had served at Wolters Kluwer, Ricoh, IKON and Pitney Bowes.

San Diego 113
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RepairSmith Offers Up $250K in Free Repairs To Nonprofits

socalTECH

Los Angeles-based on-demand, mobile automotive repair service RepairSmith announced this week that it will provide up to $250,000 in free repair service to nonprofits focused on advancing socioeconomic, racial and ethnic equality, in the company's service area. According to the company, Jump Start , its new program, will allow any non-profit which meets its program criteria to apply for up to $10,000 in free services for its passenger and light duty vehicles.

Demand 113