Mon.Sep 27, 2021

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Meet the Tech Companies Keeping LA’s Music Industry Humming

L.A. Business Journal

The music industry in Los Angeles has grown to encompass far more than just production.

Company 295
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Landsat 9 Satellite Launch Scheduled For Today At Vandenberg

socalTECH

A launch of an Atlas V rocket at Vandenberg Air Force Base is scheduled for today, to take a new Landsat satellite into space for NASA, according to NASA. The launch is currently targeted at 11:11am from Space Launch Complex-3 at Vandenberg Space Force Base, which is north of Los angeles near Lompoc. According to launch provider United Launch Alliance (ULA), the launch will also include multiple CubeSats, which will be released after Landsat 9 separation.

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Saviynt Raises $130 Million

L.A. Business Journal

El Segundo-based Saviynt Inc. raised $130 million in private equity funding to grow its cloud-based identity security solutions, the company announced Sept. 20.

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New Program Aims To Connect Startups, Series A Funding

socalTECH

A new program, run by the Alliance for Southern California Innovation, is looking to connect startups with Series A funding, according to the group. The Alliance said it has launched its new SoCal Venture Pipeline program, to help bridge a key funding gap for Southern California entrepreneurs, by connecting them to relevant venture capital firms. The new program is being run in partnership with Silicon Valley Bank.

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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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Assembly Reaches $1 Billion Valuation

L.A. Business Journal

Culver City-based ecommerce software and data company Assembly has joined L.A.’s tech startup unicorn club.

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10 Keys To Getting A Role With The Startup You Desire

Startup Professionals Musings

In a corporate environment, the focus of a job interview has long been demonstrating your match to the skills and experience outlined in the job description. In my experience with startups, that is still necessary, but not sufficient. Today’s business world has become totally customer driven, so customer-centric and people abilities really make the difference between winners and losers.

Startup 135

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Three Good Snags Seed Funding

socalTECH

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it is raising $2.5M in that funding. According to the company, notable pre-seed investors and partners include impact investor Pete De Mare and Guitar Hero founder Charles Huang and industry leaders from Cisco, Dell, Riot Games, and HTC.

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Airdrop Service Dash Delivers Proof of Concept

L.A. Business Journal

In the 10 months Joel Ifill worked at El Segundo-based Aerojet Rocketdyne Holdings Inc., he said he “never felt at ease” making precision kinetic weapons, better known as smart bombs.

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Beyond Meat Expands Beyond Chicken Tenders To Markets

socalTECH

El Segundo-based Beyond Meat, the developer of plant-based meat products, is expanding availability of its Beyond Chicken Tenders beyond restaurants, and into retail markets, the company said this morning. The company said that its Beyond Chicken Tenders will be available at Walmart stores and other retail chains across the US, starting in October. The product had previously only been available for the food service business, and in particular at Panda Express and A&W Canada.

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Foothill Gold Line Extension Paused as Funding Effort Dies in Legislature

L.A. Business Journal

A 3-mile extension of the Foothill Gold Line into San Bernardino County has been put on ice for at least another year as $550 million in funding for the project was dropped from a state surplus spending bill earlier this month.

Funding 130
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Karman Systems Acquires Systima Technologies

socalTECH

Los Angeles-based Karman Missile & Space Systems, a developer of flight hardware and sub-assemblies for the space market, said Friday that it has acquired Systima Technologies, a provider of integration of mission critical space and hypersonic systems. Financial details of the acquisition were not announced. The acquisition was supported by private equity investor Trive Capital.

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Tetra Tech Nabs Slice of $800 Million Federal Contract

L.A. Business Journal

Pasadena engineering and data analysis consulting company Tetra Tech Inc. has won a slice of an $800 million federal architectural and engineering services contract.

Pasadena 130
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Dozuki Lands Strategic Funding

socalTECH

San Luis Obispo-based Dozuki, a developer of software that provides training to the manufacturing workforce, has raised a strategic growth investment round, the company said today. Size of the investment was not announced. The funding came from Marlin Equity Partners. According to Dozuki, it will use the funding to further its position in the manufacturing software market.

Funding 113
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Rocket Lab Inks Contract for Space Debris Removal

L.A. Business Journal

Rocket Lab CEO Peter Beck said removing space debris is “highly complex" as objects in orbit travel more than 14,500 miles per hour.

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Thankful Takes $12M For AI Efforts

socalTECH

Venice, California-based Thankful, a new artificial intelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures. The company said it is developing artificial intelligence software which helps companies resolve large volumes of customer problems across all written customer service channels, includi