Wed.Jun 30, 2021

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Shopify Reveals Generous New Scheme for App Developers

Tech.Co

Shopify has announced a new scheme for all of its App Store developers. Developers will not pay any commission on the first $1 million that they make in a given year. This scheme starts on August 1st of 2021. Before this scheme, Shopify used to charge 20% on every sale made through its service, but now, smaller businesses will take the whole value of the sale, with Shopify's cut of 15% only kicking in once the annual $1 million threshold has been passed.

Develop 159
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7 Ways To Raise Your Visibility As A Business Leader

Startup Professionals Musings

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Yet I have learned over the years as a startup advisor that all business leaders are not the same. Some are great product leaders and innovative technologists, others are leaders in creating new business models , a few can assemble great teams , but only the rare exception can do all three.

Coach 162
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Tapcart Raises $50 Million for Ecommerce App Tool

L.A. Business Journal

Santa Monica-based ecommerce company Tapcart Inc. raised $50 million in Series B funding for its platform that allows brands to launch mobile apps.

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ServiceTitan Acquires Aspire, Raises $200M More

socalTECH

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. Aspire Software is based in St. Louis, Missouri. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo.

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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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Tetra Tech Lands $37 Million Contract

L.A. Business Journal

Tetra Tech has been awarded a $37 million contract from the U.S. Agency for International Development.

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Quizizz Connects With $31.5M

socalTECH

Santa Monica-based Quizizz, a developer of software which gamifies teaching with quizzes and interactive lessons, said on Wednesday that it has raised $31.5M in its Series B funding round. The funding was led by Tiger Global Management, and also included Nexus Venture Partners, GSV Ventures, Eight Roads Ventures, plus Yahoo co-founder Jerry Yang. According to Quizziz, its product is now being used in over 120 countries, and at more than 80 percent of U.S.

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DCN Dx Buys IVD Vision

socalTECH

Carlsbad-based DCN Dx, which provides point-of-care diagnostics development, products, and educational programming, said this morning that it has acquired IVD Vision, a developer of custom instruments and software for diagnostics systems. Financial details of the acquisition were not announced. DCN Dx said the deal will expand its point-of-care diagnostics development services capabilities and product portfolio.

Education 113
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Kadenwood Gets $50M For CBD Wellness Brands

socalTECH

Newport Beach-based Kadenwood, a company which owns a number of CBD health and wellness brands, says it has raised $50M in its Series B fundraising. The company said the funding was a combination of cash and "media value". The funding came from The Craftory and Arcadian Capital Management, along with others. The company said those news funds will go to "normalize CBD" in health and wellness products, via scaling, strategic partners, and acquisitions.

News 113
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Givingli Picks Up $4M For Virtual Gifting

socalTECH

Los Angeles-based Givingli, a developer of a gifting app, said Tuesday afternoon that it has raised $4M in its seed funding round. The company has now raised $5M in total. The funding was led by Alexis Ohanian's Seven Seven Six, Snap's Yellow Accelerator and angel investor Harry Hurs (Co-CEO and Co-Founder, of Pipe). Givingli was founded by husband and wife Nicole Emrani Green (CEO & Co-Founder) and Ben Green (COO & Co-Founder).

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inVia Robotics Links With Channel Partners

socalTECH

Westlake Village-based warehouse robotics developer inVia Robotics says it has signed agreements with more than 10 companies who are providing technology solutions in warehouses, creating its own channel partner network. According to the company, the move will supplement its direct selling initiatives. New partners of the company include Argon Consulting, Atlantic Packaging, Conveyor Logistics, Innovation-Matrix, Midland Packaging, Pregis, Ryuu, STG Chile, and Storage Solutions Inc, among others

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Retina Finds $8M

socalTECH

Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The funding came from Alpha Intelligence Capital and Vertical Venture Partners. As part of the funding, Udah Sandhu, General Partner at AI Capital Partners, joins the company's board with the funding.