L.A. Business Journal
OCTOBER 25, 2021
El Segundo-based Endpoint Closing Inc., a digital title and settlement services company, scored $150 million in funding from First American Financial Corp., its parent company.
socalTECH
OCTOBER 25, 2021
Santa Barbara-based Eyko, a new startup focused on "data preparation, blending, and streaming", says it has raised $2.5M in a Seed funding round, the company announced this morning. The company said the funding came from InReach Ventures and Taggia Investments, the personal investment vehicle of former Balderton Capital founder Barry Maloney. The startup is led by co-founder and CEO Paul Yarwood.
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L.A. Business Journal
OCTOBER 25, 2021
Few industries are primed for quicker growth over the next decade than the electric vehicle sector.
socalTECH
OCTOBER 25, 2021
San Diego-based Inseego announced on Monday morning that it has named Robert Barbieri as its Chief Financial Officer. Barbieri has been serving as the company's interim CFO since April. Barbieri was previously a Partner at consulting firm TechCXO. Before TechCXO, he operated his own firm, CxO Advisory Services, and also has served as CFO and Performance Officer at Lawson Software, and similar CFO roles at TriZetto, Apoggee Enterprise, ABILITY Network, Converge One, Textura, among other positions
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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.
L.A. Business Journal
OCTOBER 25, 2021
In grade school, Advait Shinde never felt he was truly learning.
socalTECH
OCTOBER 25, 2021
Santa Monica-based wine subscription service Winc postponed its IPO on Thursday. Winc has not announced the reason for the delay. Winc had filed to raised $75M in an IPO, selling 5 million shares at between $14.00 and $16.00 per share. Winc had filed to list on the NYSE as WBEV. Winc was founded in 2011. The IPO was being underwritten by BofA Securities, Canaccord Genuity, Craig-Hallum Capital Group, and Roth Capital.
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socalTECH
OCTOBER 25, 2021
Los Angeles-based e-sports brand FaZe Clan said this morning that it is in the midst of becoming publicly listed, via a merger with a Special Purpose Acquisition Company (SPAC). According to the company, it expects to list on the NASDAQ, via a merger with B. Riley Principal 150 Merger Corp., which is currently listed on the NASDAQ as BRPM. FaZe Clan says it expects to receive proceeds of approximately $291 million (including an estimated $118 million in PIPE proceeds) after the effort.
L.A. Business Journal
OCTOBER 25, 2021
More airfield improvements are on the way at Ontario International Airport, thanks to a $15.2 million infrastructure grant from the Federal Aviation Administration.
Startup Professionals Musings
OCTOBER 25, 2021
Contrary to what you might guess, the highest rate of small business and entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the latest trend data and press reports , these Baby Boomers have grown yearly to 41 percent of small business owners, second only to Gen-X, at 44 percent.
L.A. Business Journal
OCTOBER 25, 2021
Santa Monica-based early stage venture fund UP.Partners launched its inaugural $230 million fund focused on mobility technology, the company announced on Oct. 18.
socalTECH
OCTOBER 25, 2021
West Hollywood-based LaserAway, an aesthetic dermatology business which offers laser hair removal, laser tattoo removal, laser skin rejuvenation services via a series of clinics, has scored private equity funding. According to the company, it raised funding from the Private Equity Group of Ares Management Corporation. Financial details of the deal were not announced.
L.A. Business Journal
OCTOBER 25, 2021
VideoAmp Inc. announced that it closed a $275 million Series F funding round.
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