Urb-E Raises $5 Million for E-Bike Deliveries
L.A. Business Journal
MARCH 22, 2021
With ecommerce on the rise and millions of consumers now expecting same-day shipping options when shopping online.
Mon.Mar 22, 2021
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ZipRecruiter Launches New Job Match Feedback Feature
socalTECH
MARCH 22, 2021
Los Angeles-based online job marketplace ZipRecruiter says it has launched a new feature to help its job seekers see how strong of a match they are for jobs, saying that the new tool will help its users figure out if they qualify for a job. According to the company, it is using artificial intelligence algorithms which provides its job seekers with feedback about how strong a match they are for every job.
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Openpath Helps Offices Reopen Safely
L.A. Business Journal
MARCH 22, 2021
Culver City-based startup Openpath Security Inc. has been developing mobile-based door lock systems since 2016.
Boingo Wins Wi-Fi Deal in DC
socalTECH
MARCH 22, 2021
Los Angeles-based Boingo Wireless says it has been selected by a real estate investment and development firm, to provide Wi-Fi services at properties in Washington, D.C. According to Boingo Wireless it was selected by Foulger-Pratt, a real estate investment and development firm, to launch managed Wi-Fi services at three luxury multifamily properties in DC, at Beckert's Park, ONE501 and Press House.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
Ecommerce Logistics Company Flowspace Raises $31 Million
L.A. Business Journal
MARCH 22, 2021
Flowspace Inc., the Del Rey-based developer of a software platform built to manage warehouse and shipping logistics, announced March 17 that it had raised $31 million in a Series B funding.
Support.com In Merger With Bitcoin Mining Company
socalTECH
MARCH 22, 2021
Support.com, a publicly led outsourcing company led by Los Angeles resident Lance Rosenzweig, who serves as President and Chief Executive Officer, says it has merged with a bitcoin mining company, Bitcoin Miner Greenidge Generation Holdings Inc. Acording to the company, the merger will create the first, publicly traded bitcoin mining company that owns its own power plant.
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CamerEye Applies AI To Pool Safety
socalTECH
MARCH 22, 2021
A new, San Diego-based company, CamerEye, says it has created a new, artificial intelligence driven system which is aimed at pool safety. According to the company, it has created a "smart fence" system which uses artificial intelligence to monitor a pool 24/7, with the ability to detect distress and near-drowning behavior. The company says its system provides both early stage detection when there is unauthorized entry around the pool's perimeter and detection of early distress behavior.
Ecommerce Logistics Company Flowspace Raises $31 Million
L.A. Business Journal
MARCH 22, 2021
Flowspace Inc., the Del Rey-based developer of a software platform built to manage warehouse and shipping logistics, announced March 17 that it had raised $31 million in a Series B funding.
Insightful Sciences Merges With Dotmatics
socalTECH
MARCH 22, 2021
San Diego-based Insightful Sciences, a provider of software tot he life sciences community, says it is acquiring UK-based Dotmatics, a developer of a cloud-based scientific R&D data management platform. Financial details of the acquisition were not disclosed, however, the companies said the combined companies will generate well over $100M of ARR. Insightful Science is led by CEO Thomas Swalla.
Magnite Sells $350 Million in Notes to Fund SpotX Deal
L.A. Business Journal
MARCH 22, 2021
Advertising technology company Magnite Inc. announced March 15 that it plans to raise $350 million in a private debt offering that will partially fund its planned acquisition of SpotX Inc.
How To Scale Your Startup Far Beyond Organic Growth
Startup Professionals Musings
MARCH 22, 2021
Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions).
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