L.A. Business Journal

MAY 24, 2021

Going into 2020, the micromobility industry was already experiencing some growing pains. A year later, local micromobility companies are optimistic.

Company 299

Company Companies 299

Startup Professionals Musings

MAY 24, 2021

Whether it’s a business or personal interaction, multiple studies show that as much as 70-93% of the communication is nonverbal. That means that people addicted to text messages, twitter, and email may be sending less than half the message, and receivers often misinterpret even that half. Yet the use of SMS text messaging for all purposes, including business, has grown consistently worldwide since it was introduced 25 years ago, to an estimated 2.5 trillion/year for business alone, according to

Layoffs 164

Layoffs Email Tool Study 164

L.A. Business Journal

MAY 24, 2021

Owners are increasingly giving their dogs and cats the luxury treatment, which is leading to strong growth for the pet care industry in Los Angeles.

Los Angeles 264

Los Angeles Startup Angel 264

socalTECH

MAY 24, 2021

Los Angeles-based cloud backup provider IDrive Cloud Backup says it has launched a new, data mirroring service, aimed at providing full image backups for Windows computers and servers. According to the company, the new service specifically aimed at protecting against data loss and ransomware, both for individuals and small businesses. The company said the service starts at $69.50 a year for a personal plan, which includes 5TB of storage for unlimited computers.

Services 140

Services Los Angeles Angel Company 140

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

L.A. Business Journal

MAY 24, 2021

Westwood-based financial technology platform Sunbit Inc. raised $130 million in Series D funding, bumping its valuation to $1.1 billion.

Platform 200

Platform Funding Technology 200

socalTECH

MAY 24, 2021

Santa Barbara-based Invoca, which provides software for call and sales tracking, said on Monday that it has acquired DialogTech, a developer of an artificial intelligence (AI)-powered call tracking and analytics product. Financial details of the acquisition were not announced. Invoca said the combined company will have more than 300 employees and 2,000 customers.

Artificial Inteligence 113

Artificial Inteligence Santa Barbara Acquisition Sales 113

socalTECH

MAY 24, 2021

Los Angeles-based ProducePay, a fintech startup which offers up pricing information, analytics, and a marketplace connecting produce growers and distributors, has raised $43M in its Series C funding. The funding was led by G2VP, with co-lead IFC (International Finance Corp.) and IDB Invest (Inter-American Development Bank Group), and also included Anterra Capital, Coventure and new investors Astanor Ventures, IGNIA, and Finistere.

Pricing 113

Pricing Equity Los Angeles Capital 113

socalTECH

MAY 24, 2021

Goleta-based medical equipment developer Inogen said last week that it has added a new member to its board of directors. The company said Elizabeth (Beth) Mora has joined its board, replacing R. Scott Greer, who recently resigned from the board. Mora was previously was Chief Administrative Officer, Vice President for Finance, Administration and Treasurer at the Charles Stark Draper Laboratory and also served at Harvard University and Coopers and Lybrand LLP (now PricewaterhouseCoopers).

Draper 113

Draper Demand Develop Development 113

socalTECH

MAY 24, 2021

Camarillo-based GeoLinks said last week that it has named James Childs as its new Senior Vice President of Corporate Development and Spectrum Strategy. Childs was most recently VP of Corporate Strateg yfor Cambridge Broadband Networks, and also previously had co-foudned Velowave, a fixed wireless ISP which was sold to Sling Broadband in 2008. He also started Light Link Broadband, another wireless ISP, in 1998.

Develop 113

Develop Development Networking 113

socalTECH

MAY 24, 2021

Virgin Galactic, the space tourism company backed by Sir Richard Branson, has launched its first vehicle to space from its new Spaceport America location over the weekend. The company launched SpaceShipTwo, its space vehicle, into space from Spaceport America in New Mexico, reaching an altitude of 55.45 miles above the earth and speeds of Mach 3. The UNITY21 spaceflight is the company's first human spaceflight from its new launch site in New Mexico, from where it hopes to start carrying passenge

Sites 113

Sites Develop Development Company 113

socalTECH

MAY 24, 2021

Pony.ai, a Chinese company developing driverless "robo-taxi" vehicles, has gained permission from the California Department of Motor Vehicles (DMV) to test its vehicles on public roads in Irvine, along with Fremont and Milpitas. According to the DMV, the permit will allow the company to test six autonomous vehicles without a driver behind the wheel on specified streets within Fremont (Alameda County), Milpitas (Santa Clara County) and Irvine (Orange County).

Orange County 113

Orange County Company Companies Activity 113