socalTECH

JANUARY 5, 2022

The Upfront Summit, the high tech and venture capital company run by Upfront Ventures, has been delayed, the latest victim of resurging COVID-19 numbers and the Omicron variant. According to conference organizers, in an email to ticket holders, the summit has been postponed for at least five weeks, to March 1st and 2nd, rather than its original event dates of January 26th and 27th.

Technical Review 113

Technical Review Conference Southern California High Tech 113

Startup Professionals Musings

JANUARY 5, 2022

According to most authoritative sources , the global economy has been severely impacted by the current pandemic. Yet if you wait for an economy bubble before starting your new business, you will be making a comparable mistake to the people who thought during the dot-com bubble "all I have to do is a startup, and I'll be rich." In reality, what matters more is who you are, not when you do it.

Startup 103

Startup Advertising Social Network Ideas 103

socalTECH

JANUARY 5, 2022

Los Angeles-based banking app developer Dave will start trading on the Nasdaq Global Market as DAVE, starting Thursday, January 6th, after stockholders of VPC Impact Acquisition Holdings III approved the deal to merge with Dave in a SPAC deal. The acquisition by a special purpose acquisition company (SPAC) is the latest in a long line of transactions which have taken technology companies to the public markets, without the traditional initial public offering (IPO).

Acquisition 113

Acquisition Equity Los Angeles Marketing 113

socalTECH

JANUARY 5, 2022

Aypa Power, an energy storage company owned by private equity firm Blackstone, said it is acquiring a 120MW standalone battery energy storage project in downtown Los Angeles. Financial details of the deal were not announced. According to Aypa Power, the deal was with Eolus Project Holdings LLC. Aypa Power said the Cald battery energy storage system (BESS), which is currently in the development stage, will be up to 120 MW in size and located adjacent to the Calden substation.

Equity 113

Equity Los Angeles Angel Develop 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

JANUARY 5, 2022

Los Angeles-based software developer ServiceTitan, which develops software used by contractors and the trades to manage their businesses, says it has acquired FieldRoutes, a developer of cloud-based software for the pest control and lawn care industry. Financial details of the acquisition were not announced. FieldRoutes was previously known as PestRoutes and Lobster Marketing.

Software Development 113

Software Development Acquisition Los Angeles Tool 113

socalTECH

JANUARY 5, 2022

Los Angeles-based real estate technology investor Fifth Wall said Tuesday afternoon that it raised a total of $1.1 billion across its funds in 2021. The venture capital investor said limited partners in its funds included Aldar, APG, Arbor Realty Trust, BNP Paribas Real Estate, Bpifrance through the digital Fund of Funds, Camden Property Trust, Cosan, Gestilar, Invitation Homes, Kimco Realty Corporation, Knight Frank, Meritage Homes, affiliates of Northwood Investors, NZ Super Fund, PGIM Real Es

Funding 113

Funding Venture Capital Los Angeles Organization 113