TechCrunch LA

JULY 2, 2020

When it comes to venture capital, Los Angeles is a city on the rise. In the past year, it’s seen one of the most profitable venture-backed exits of any tech ecosystem (with the $4 billion sale of Honey to PayPal) and investors are minting billion-dollar companies in the region at a torrid pace. It’s also the city where investors are spending the most money outside of venture capital’s big major hubs: San Francisco, Boston and New York.

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Los Angeles Venture Capital Capital Invest 277

Berkonomics

JULY 2, 2020

At the MIT Center of Collective Intelligence, professors and graduate students are wrestling with an important opportunity – and gaining ground. With new collaborative tools available for use in the cloud, people are no longer isolated in their creative endeavors. Some label this “crowdsourcing,” a term used to describe one form of this new empowerment.

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Cloud Computing Tool IBM IBM 177

socalTECH

JULY 2, 2020

Los Angeles-based, low-cost e-commerce products site Hollar is no more, and will be swallowed up by new owner Five Below , six months after the acquisition of Hollar by Five Below. According to an email to current customers of Hollar--known for its "dollar store" style, grab bag of products--Hollar will "soon become Five Below" and continue to offer up its $1 to $5 products, and occasional products of up to $10.

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Sites Commerce Los Angeles Email 203

Xconomy

JULY 2, 2020

MEI Pharma and its Swiss partner Helsinn are ending a Phase 3 study of an investigational cancer drug for patients with acute myeloid leukemia (AML) after an interim analysis indicated it was unlikely to meet the trial’s main goal of helping patients live longer. San Diego-based MEI (NASDAQ: MEIP ), licensed the compound, pracinostat, from a Singaporean biotech company in 2013.

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San Diego Study Help Company 86

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

JULY 2, 2020

Hollywood-based Klio Studio , a new startup, said this week that it has launched a new, cloud-based production management solution aimed at the film, television, and commercial production market. The company--led by Adrienne Lunson--said it has developed a system to handle such aspects of production as development, fundraising, pre-production, production, post-production and even release.

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Product Software Startup Hollywood 124

socalTECH

JULY 2, 2020

Irvine-based property information provider CoreLogic says it has rolled out a new artificial intelligence (AI) tool today, which it says helps real estate agents and their clients looking to buy, sell, or make improvements to their home. According to the company, its new product, OneHome, currently has launched in Ohio, and eventually will launch nationwide.

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Artificial Inteligence Tool Guide Help 113

socalTECH

JULY 2, 2020

El Segundo-based Stamps.com was behind the successful fundraising effort run by John Oliver on Last Week Tonight , saying it has so far generated sales of over $4M to help support the U.S. Postal Service. According to Stamps.com -- which lets people print custom postage, and usually focuses on business customers--its custom stamps were part of an effort launched by John Oliver on May 10th, creating and selling a custom sheet of 20 postage stamps featuring images of "fan favorite mascots" that ha

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El Segundo Customer Custom Sales 113

socalTECH

JULY 2, 2020

Los Angeles-based Outstanding Foods , a developer of plant-based snacks--known for its PigOut Pigless Pork Rinds--said the funding was led by SternAegis Ventures, and also included LA lakers player JaVale McGee. The company said it will roll out new products with the funding round, and also use the capital for faster R&D, nationwide marketing, retail expansion, and hiring.

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Los Angeles Capital Funding Product 113