socalTECH

JUNE 4, 2019

Carbon Lighthouse , a provider of energy efficiency services and developer of energy efficiency technology which recently opened up a Los Angeles office, has raised $32.6M in a funding, the company said on Tuesday. According to Carbon Lighthouse, $20M of that funding came from Cox Enterprises. Carbon Lighthouse says that it helps commercial building owners significantly reduce their energy costs and environmental footprint with no upfront cost.

Los Angeles 124

Los Angeles Media Funding Help 124

L.A. Business Journal

JUNE 4, 2019

Sony, CSS Entertainment executives to lead Crackle Plus; Bird branches out; Tencent to distribute Activison’s “Call of Duty” mobile game

Entertainment 100

Entertainment Report Mobile 100

socalTECH

JUNE 4, 2019

Los Angeles-based Moleaer , a developer of equipment used in watewater treatment, farming, oil and mining, and other industrial processes, has raised $5M in a funding round, according to the company. The company develops industrial-scale nanobubble generators, which are used to dissolve gases into any liquid. Those bubbles are used in dissolving oxygen in hydropoics and horticulture and aquaculture; for algae control and odor control in wastewater treatment; for assistance in separating oil from

Technology 124

Technology Los Angeles Capital Funding 124

Southern California Edison Blog

JUNE 4, 2019

As enterprises outsource more of the business operations to hosted platforms, more emphasis needs to be placed on ensuring mission-critical applications are always accessible. This means that the network connections to enterprise sites increase in their importance. The traditional goal is “five 9s” (99.999 percent) network uptime¹, which roughly calculated means your business experiences about five minutes of network downtime in a year.

Networking 45

Networking Southern California Outsource Development Startup 45

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

JUNE 4, 2019

La Jolla-based biopharmaceuticals startup Inhibrx has just filed for an IPO, saying in an S-1 filing that it is looking to raise up to $74.75M in an IPO on the Nasdaq Global Market. Inhibrx has applied to trade as INBX. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James. Inhibrx is backed by LAV Biosciences Fund and Viking Global Investors.

.Net 124

.Net Research Report Funding 124

Xconomy

JUNE 4, 2019

Both the House leadership and the Trump administration are preparing to challenge the power of Google, Facebook, and other big tech companies by launching antitrust investigations into their allegedly anticompetitive business practices, as the Washington Post detailed it this week. But the growing concern about the pervasive control of tech giants in arenas such as social media, advertising, and e-commerce stemmed first from revelations about consumers’ lack of meaningful control over the privac

Social Media 75

Social Media Commerce Google Advertising 75

socalTECH

JUNE 4, 2019

Carbon Lighthouse , a provider of energy efficiency services and developer of energy efficiency technology which recently opened up a Los Angeles office, has raised $20M in a funding, the company said on Tuesday. According to Carbon Lighthouse, it received the round of funding from Cox Enterprises. Carbon Lighthouse says that it helps commercial building owners significantly reduce their energy costs and environmental footprint with no upfront cost.

Los Angeles 113

Los Angeles Media Funding Help 113

socalTECH

JUNE 4, 2019

Cypress Creek Renewables , a renewable energy developer which builds and operates solar facilities--and which has an office in Santa Monica--said it has named a new CEO and executive team on Monday. The company said it named Sarah Slusser as Chief Executive Officer and director of its board, Rebecca (Becky) Cranna as interim chief operating officer and Kim Oster as interim chief strategy officer. the company also named Ned Hall as Chairman of the board.

Santa Monica 113

Santa Monica Develop Development Company 113

socalTECH

JUNE 4, 2019

Los Angeles-based AcceleratXR announced on Monday that it has launched itself into the videogaming software development tools market, with a new, real-time networking engine.b According to AcceleratXR, it has created a new, real-time networking engine for games and extended reality applications. AcceleratXR said its new software is inspired by the WebRTC protocol, and uses WebSockets in combination with SCTP, to replace the current, limited performance and lag that the current technique of using

Networking 113

Networking Marketing Software Development Los Angeles 113

socalTECH

JUNE 4, 2019

San Diego-based pet supply retailer Petco has named Darren MacDonald as the company's new Chief Digital and Innovation Officer, according to the company, to head up its e-commerce, app, prescription fulfillment, as well as employer wellness benefits offerings. MacDonald was most recently at Walmart, managing that company's e-commerce entertainment business; he also was founder and CEO of Ingress Capital Incorporation, an online private placement marketplace; and also served as CEO of the Pronto

Commerce 113

Commerce San Diego Incubator Entertainment 113

socalTECH

JUNE 4, 2019

Manhattan Beach-based Glad I Know said this morning that it has launched a new, person search platform, which provides consumers with access to what it says is a comprehensive database of information available on any person in the U.S. According to Glad I Know, it offers up access to hundreds of millions of records on nearly any adult in the United States.

Manhattan Beach 113

Manhattan Beach Services Platform Product 113

socalTECH

JUNE 4, 2019

In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy. FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. FTD was spun out from Woodland Hills-based United Online back in November of 2013, after a complex relationship with United Online--better known for runnin

Southern California 113

Southern California Woodland Hills SoCal San Diego 113

socalTECH

JUNE 4, 2019

Santa Monica-based AirMap , the startup developing aerial traffic mapping and UV management platforms, has added former Federal Communications Commission (FCC) Chairman Tom Wheeler to its board of directors, the company announced on Monday. Wheeler led the FCC from 2013 to 2017, after being appointed FCC CHairman by President Barack Obama. Prior to the FCC, Wheeler served as President of the National Cable & Telecommunications Association and CEO of the Cellular Telecommunications & Inte

Santa Monica 113

Santa Monica Platform Startup Develop 113

socalTECH

JUNE 4, 2019

Los Angeles-based private equity investor Angeles Equity Partners announced this morning that it has acquired printed circuit board (PCB) manufacturer APCT, Inc. Financial details of the acquisition were not announced by the companies. APCT is a manufacturer of quick-turn printed circuit board (PCB) prototypes. According to the two companies, the investment in APCT will go towards accelerating profitable growth at APCT, including for "bolt-on" acquisitions and expanding global production capabil

Equity 113

Equity Orange County Angel Southern California 113

socalTECH

JUNE 4, 2019

It's a bird, it's a plane. no, it's an electric bike. Santa Monica-based Bird said on Tuesday that it is introducing a new product, the Bird Cruiser , an electric bicycle with a "cushioned seat for two". According to Bird, the new electric vehicle has 20-inch wheels and a full suspension, and will join the company's fleet of shared vehicles this summer.

Santa Monica 100

Santa Monica Startup Product Company 100