socalTECH

MAY 23, 2018

Redland-based geographical information system (GIS) provider Esri announced on Tuesday that it has opened up a new office, in Charlotte, North Carolina, where it will operate business development efforts and and East Coast call center. Esri did not say how many employees it will hire in the new location, which it says will be available to customers interested in learning about the company's products and which will also help it contribute to Charlotte's growing tech sector.

Organization 124

Organization Software Customer Custom 124

L.A. Business Journal

MAY 23, 2018

South Bay-based cloud computing service provider Reliam announced May 23 the acquisition of Boston-based G2 Tech Group for an undisclosed sum.

Cloud Computing 100

Cloud Computing Acquisition Services 100

socalTECH

MAY 23, 2018

Los Angeles-based dating service Tinder launched a new feature on Wednesday to a number of test markets, which uses a user's favorite restaurants, bars, hangouts, and other locations to help make matches with others. According to Tinder, the new Places feature helps you "discover new people who hang where you hang". Tinder says that users can opt into the feature, and start seeing potential matches who have also visited the same spots.

Los Angeles 100

Los Angeles Help Services Marketing 100

L.A. Business Journal

MAY 23, 2018

Reliam Adds G2 Tech Group, Plans Rebrand; Tinder Developing More Specific Location Feature; FreedomPop Launches New Cellphone Service

Acquisition 100

Acquisition Report Services Develop 100

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

socalTECH

MAY 23, 2018

Los Angeles-based TruStory , a stealth-mode startup led by Preethi Kasireddy, has raised $3M in a seed funding round to help vet information on cryptocurrency and other areas, the company disclosed on Wednesday. The seed funding was led by True Ventures, and also included Pantera Capital, Kindred Ventures, Homebrew, Coinbase Ventures, Wonder Ventures, Abstract Ventures, Dream Machine, along with angels.

Seed Funding 100

Seed Funding Marketing Los Angeles Capital 100

socalTECH

MAY 23, 2018

On-demand ride provider Uber is abandoning its efforts to test its self driving cars in Arizona, as the company continues to try to recover from the death of a pedestrian in the state in March. According to a report from the Wall Street Journal, Uber has reportedly laid off around 300 of its "test drivers" in Arizona. Uber's self driving testing had already been suspended in the aftermath of the death.

Journal 100

Journal Demand Report Technology 100

socalTECH

MAY 23, 2018

Playa Vista-based Appetize , which develops modern, tablet- and handheld-based point of sale (POS) systems, has added a number of high profile customers, and says it has seen record growth this year. The venture backed company said it had 100 percent year over year growth, and 60 percent quarter-over-quarter growth in Q1, as a result of a number of new deployments in the restaurant and retail area.

Customer 100

Customer Custom Sales Education 100

socalTECH

MAY 23, 2018

Los Angeles-based mobile phone service provider FreedomPop is announcing this morning that it has launched a brand new, high end mass market wireless service, specifically aimed at Sprint and T-Mobile subscribers. According to FreedomPop, its new service, UNREAL Mobile , will provide unlimited plans starting at $15 a month, and is aimed an "ensuring continued competition" in the wireless market after the announcement of the T-Mobile and Sprint merger.

Mobile 100

Mobile Customer Custom Startup 100

socalTECH

MAY 23, 2018

Sonnen , the German developer of energy storage systems which has its U.S. headquarters in Los Angeles, said today that it has raised 60 million (approximately $70.23M US) from Shell , to expand its expansion in the US and Australia. The investment was made by Shell Ventures, the venture capital arm of Royal Dutch Shell. Sonnen develops a home energy storage platform based on batteries, which competes against Tesla's PowerWall products.

Venture Capital 100

Venture Capital Los Angeles Platform Capital 100

socalTECH

MAY 23, 2018

Los Angeles-based Reliam , the provider of consulting and managed services for the public cloud which is backed by private equity investor Great Hill Partners, is announcing this morning that it has acquired G2 Tech Group , a Boston-based provider of Amazon Web Services (AWS) consulting. Financial details of the acquisition were not announced, however, Reliam said the deal was funded by Great Hill Partners, as part of a $75M agreement between Great Hill Partners and Reliam have for such acquisit

Acquisition 100

Acquisition Equity Web Los Angeles 100

socalTECH

MAY 23, 2018

Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced. According to the two, Electronic Arts also acquired the Israeli team which had developed GameFly's streaming service for games, which had allowed videogame users to rent videogames via the Internet, much li

Electronic Arts 113

Electronic Arts Netflix Los Angeles Acquisition 113