Fri.Apr 02, 2021

ServiceTitan Secures $500 Million

L.A. Business Journal

Glendale-based ServiceTitan Inc. is quickly becoming one of the most valuable startups in the Los Angeles area

7 Reasons Many Owners Fail To Focus On Systemization

Startup Professionals Musings

In my experience, one of the biggest mistakes I see you make as a startup or new business owner is to create a business that is totally dependent on you. That means you are the only one who knows how the business works, you make all decisions, and progress grinds to a halt when you are away.

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Entrada Ventures Raises $1.6M In SPV

socalTECH

Santa Barbara-based Entrada Ventures, a venture capital firm led by Alexander Fang, the former co-founder of Aurrion (acquired by Juniper Networks), has raised $1.6M in a special purpose venture investment fund. Details on the use of that fund and any other details on any linked investment were not announced. The SPV was disclosed through a regulatory filing.

Curri Collects $6M For Construction Deliveries

socalTECH

Los Angeles-based Curri, which provides delivery of construction materials via car, truck, flatbed, box truck, and other means through its own network of contractors, has raised $6M in a funding round, the company said this week. The funding was led by Brick & Mortar Ventures, and also included Rainfall Ventures and Initialized Capital.

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.

Mirati Therapeutics Names New Board Member

socalTECH

San Diego-based Mirati Therapeutics said this week that it has added Ms. Shalini Sharp as a new independent director at the targeted oncology company. Sharp was most recently Chief Financial Officer (CFO) at Ultragenyx, and also served at Agenus, McKinsey & Company, and Goldman Sachs. She also serves on the boards of Neurocrine Biosciences, Precision Biosciences, Sutro Biopharma and TB Alliance. mirati therapeutics executive board shalini sharp biotech lifescience

Blackline Launches Accounts Receivable Software

socalTECH

Los Angeles-based accounting automation software developer Blackline says it has launched a new product targeting the accounts receivable market. According to Blackline, the new product, Blackline AR Intelligence, offers up sales and payment performance data, ability to track and measure payment terms, outstanding balances, cash collected, and debt positions, and much more. Pricing on the new software was not announced. blackline accounts receiveable software automation accounting