L.A. Business Journal
JUNE 19, 2019
Santa Monica-based Dave Inc., developers of a financial management mobile app designed to prevent bank overdrafts, announced June 19 a $110 million debt funding raise.
socalTECH
JUNE 19, 2019
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificial intelligence and DNA testing to identify autism and other medical conditions. According to Probably Genetic , it has raised a round of venture capital funding from Khosla Ventures, TenOneTen Ventures, the Oxford Angel FUnd, as well as angels.
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L.A. Business Journal
JUNE 19, 2019
Downtown headquartered venture capital firm Greycroft Partners led a $8 million Series A round for Austin, Texas-based human resources software developer Enboarder Inc.
socalTECH
JUNE 19, 2019
Santa Monica-based return and logistics startup Happy Returns announced on Wednesday morning that it has named a new Chief Revenue Officer. The company--which offers up handling of returns and return logistics for retailers, including both in-store and behind-the-scenes services--said that it has named Glenn McMahon as its Chief Revenue Officer, heading up its sales, account management, and business development teams.
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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.
Startup Professionals Musings
JUNE 19, 2019
Every startup wants to be a predictable success, yet so few ever achieve this enviable position. In reality, getting there is not a random walk, and requires an understanding of the stages that every business must navigate and the organizational characteristics necessary at each stage. Les McKeown, in his book from a while back, “ Predictable Success ” outlines these stages and characteristics for any business.
socalTECH
JUNE 19, 2019
Los Angeles-based venture investor Greycroft Ventures is the lead investor in the Series A funding for Enboarder , a startup in the human resources and employee onboarding market, the company said Wednesday morning. According to Enboarder, it raised $8M in its Series A financing round, which was led by Greycroft, and also included Next Coast Ventures and Stage 2 Capital.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JUNE 19, 2019
Swappa , the operator of a local marketplace for buying and selling used consumer electronics, said this week that it has launched itself into Orange County, in a part of a national expansion. Swappa said that Orange County is one of five initial launch markets it is expanding into to improve the experience of buying and selling used electronic devices.
Xconomy
JUNE 19, 2019
Most of the genetic analysis done today is performed on machines made by Illumina, the DNA sequencing giant. Now a former director from the company is leading a startup that has raised $15 million to develop new genome sequencing tools. San Diego’s Element Biosciences said Tuesday that it had secured a Series A round led by Foresite Capital, a healthcare and life sciences venture capital firm based in San Francisco, and Silicon Valley’s Venrock.
socalTECH
JUNE 19, 2019
Irvine-based Allied Esports , an e-sports league operator, has scored backing from Mexican sports television network TV Azteca , the companies said Wednesday morning. According to the companies, TV Azteca, which is part of Grupo Salinas, will purchase $5M of shares of Allied Esports via an equity investment in Black Ridge Acquisition Corp. As a part of the deal, the two said they will create a new, 24-hour digital e-sports channel dedicated to e-sports and video gaming for the Mexican market, an
socalTECH
JUNE 19, 2019
Santa Monica-based private equity investor Clearlake Capital Group has acquired Dude Solutions , a developer of operations management software, which was based in Cary, North Carolina. Financial details of the acquisition were not annoucned. Clearlake Capital acquired Dude Solutions from another private equity firm, Warburg Pincus. According to ClearLake, Dude Solutions will continue to be led by Ceo Ed Roshitsh and its current management team, who are investing along with Clearlake in the trans
Xconomy
JUNE 19, 2019
There’s a speed dating game of sorts happening as pharmaceutical companies that have approved cancer immunotherapies are testing their medications in combination with experimental drugs in hopes of reaching more patients. San Diego’s Oncolytics Biotech (NASDAQ: ONCY ) has been an active participant in those combination efforts, with multiple pharmaceutical companies pairing its lead drug candidate, an oncolytic virus—which can infect and kill tumor cells, according to the National Cancer I
socalTECH
JUNE 19, 2019
San Diego-based ZeaKal >, a startup developing plant genetics technology to increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops, has raised $10M in a funding round, which came from investor Canopy Rivers. According to Canopy Rivers, which announced the investment, it now owns approximately 8.7 percent of ZeaKal.
socalTECH
JUNE 19, 2019
A new, philanthropic education effort-- Coding Our Future LA --announced on Tuesday that it is sending 200, South LA students to summertime "tech camps", as part of a philanthropic and educational effort to increase opportunities for underserved youth in the technology space. The new effort, created by iD Tech Camps, Annenberg Foundation, and the LA Promise Fund, says the effort will recruit students from five, LA Promise Fund schools in the Los Angeles area, who are attending iD Tech Camps at t
socalTECH
JUNE 19, 2019
Irvine-based online equipment rental marketplace BigRentz announced this morning that it has launched a $10,000 scholarship effort, where it will provide two students with $5,000 scholarships to cover educational expenses towards attending a vocational trade school. According to BigRentz, the new scholarship is available to high school seniors planning on vocational training and students currently enrolled in a trade school.
socalTECH
JUNE 19, 2019
If you're an avid video game player, how to you improve your game? Once you've exhausted looking online for tips, Los Angeles-based ProGuides (www.proguides.com) offers up professional, instructional content to help you improve your skills at such popular titles as League of Legends, Hearthstone, and Fortnite. We spoke with ProGuides founder Sam Wang to better understand what the company does, and why users are joining its service and using its marketplace to find professional video game coaches
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