socalTECH
FEBRUARY 16, 2021
Los Angeles-based Metropolis, a new startup focused on parking, has raised a huge, $41M Series A funding, the company announced on Tuesday. The startup--led by parking startup veteran Alex Israel--said the funding was led by 3L, and also included 01 Advisors, Dragoneer and Slow Ventures, plus real estate investors Starwood, RXR, DivcoWest and Dan Doctoroff.
L.A. Business Journal
FEBRUARY 16, 2021
Downtown-based HyreCar Inc. has completed a public offering that netted $29.7 million.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
socalTECH
FEBRUARY 16, 2021
Glendale-based Avery Dennison--best known for its labeling products--said on Monday that it has acquired JDC Solutions, a manufacturer of pressure-sensitive specialty tapes. Avery Dennison said it paid $24M for JDC Solutions, which is based in Mount Juliet, Tennessee. JDC has approximately $30M in annual revenues, and employs 75 at its headquarters location.
L.A. Business Journal
FEBRUARY 16, 2021
Downtown-based HyreCar Inc. has completed a public offering that netted $29.7 million.
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.
socalTECH
FEBRUARY 16, 2021
Los Angeles-based J2 Global reported its fourth quarter results last week, reporting a robust amount of revenue growth in Q4. According to J2 Global, it saw its quarterly revenues increase 15.7% in Q4, to a record $469.2M, compared to $405.6M in Q4 of 2019 The company also said it operating income increase 17.0% to $128.9M, compared to $110.2M the year before.
TechCrunch LA
FEBRUARY 16, 2021
Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
FEBRUARY 16, 2021
Los Angeles-based private equity investor Kayne Anderson Capital Advisors, L.P. said last week that its new Kayne Anderson Renewable Infrastructure Fund has reached $50M in assets. The fund focuses on investing in companies that develop, build, own and operate the renewable power infrastructure necessary to transition global power generation to a cleaner future, including wind farms, solar parks, energy storage, and the infrastructure to bring that energy to market.
socalTECH
FEBRUARY 16, 2021
Los Angeles-based baby monitoring device maker Owlet Baby Care is going public via a special purpose acquisition (SPAC), the company announced this morning. According to Owlet, it is merging with Sandbridge Acquisition Corporation, a special purpose acquisition company co-sponsored by affiliates of Sandbridge Capital and PIMCO private funds. Owlet said it expects to trade on the New York Stock Exchange under the symbol OWLT after the dea.
Expert insights. Personalized for you.
113 
Let's personalize your content