socalTECH

JUNE 25, 2020

San Diego-based ClickUp , a startup which develops "remote work" software aimed at helping organizations collaborate on projects, has raised $35M in a Series A funding round. The funding was led by Craft Ventures, and also included Georgian Partners. As part of the funding, David Sacks has joined the board. According to ClickUp, its customers included Google, Nike, Uber, Airbnb, Netflix, and Ubisoft, where it helps replace or integrate workplace applications for employees.

Netflix 203

Netflix San Diego Google Organization 203

Berkonomics

JUNE 25, 2020

There are several key performance indicators that help new generation company management see more clearly their progress and corporate health. The old measures, including return on investment, percentage of profit against revenue or employee count, and more, obviously are still relevant. But businesses that expose their story to tens of millions of potential customers through the Internet need additional tools.

Acquisition 156

Acquisition Statistics Sales Custom 156

socalTECH

JUNE 25, 2020

In a move to help make Black professionals easier to connect, Los Angeles-based Valence said on Thursday that it has launched a new, social networking service, with backing from investments from Upfront Ventures, Sequoia Capital, and Accel. The amount of funding in Valance was not disclosed by the company, although the firm disclosed that $1M in funding into the company came from Upfront Ventures.

Social Network 113

Social Network Help Networking USC 113

socalTECH

JUNE 25, 2020

Los Angeles-based Treehouse Games , a developer of cooperative games aimed at helping friends spend time together, has raised $2.6M in a seed funding round, the company said this week. The funding was led by LVP, and also included Transcend Fund and Kristian Segestrale, the CEO of Super Evil Megacorp. Treehouse Games was founded by former Riot Games employee Michael Chu, and Ryan Sullivan.

Riot Games 113

Riot Games Seed Funding Los Angeles Funding 113

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

JUNE 25, 2020

Irvine-based Digital Motors , which develops online vehicle sales and retailing software for the automotive dealership market, says it has been certified by Jaguar Land Rover North America for use by its retailers. The company said it is now a "certified vendor" for the Jaguar Land Rover Digital Certified Program, which the company says makes it "a top recommended choice" for Jaguar Land Rover retailers upgrading their digital presence to include online stores and in-store desking solutions.

Sales 113

Sales Software Marketing Develop 113

socalTECH

JUNE 25, 2020

The Creative Artists Agency and venture investor New Enterprise Associates (NEA) have launched a new, investment partnership to invest in early-stage, consumer focused businesses, the two said on Thursday. According to the companies, the new venture-- Connect Ventures Spire Animation Studios , which was co-founded by Brad Lewis, the producer of Ratatouille.

Invest 113

Invest Draper Venture Capital Capital 113

socalTECH

JUNE 25, 2020

Los Angeles-based game publisher Rogue Games announced on Wednesday that it has added former Sony President and CEO Jack Tretton as a Strategic Advisor to the company. Tretton was former President and CEO of Sony Computer Entertainment America, and according to Rogue led the PlatStation business at Sony for two decades. Rogue said that Tretton will advise its board of directors, which includes Matt Casamassina, Chris Carvalho, Dmitry Grishin, and Andre Bliznyuk.

Entertainment 113

Entertainment Los Angeles Capital Funding 113

socalTECH

JUNE 25, 2020

San Diego-based biopharmaceuticals developer Poseida Therapeutics has raised $110M more in funding, in its Series D round, the company announced this morning. According to the company, the financing was led by led by funds advised by Fidelity Management Research Company, LLC, with participation by Adage Capital Management and Schonfeld Strategic Advisors, and also included other current investors.

San Diego 113

San Diego Research Platform Sites 113