Mon.Jun 17, 2019

Silicon Beach Report June 17: Sunbit Secures $26 Million

L.A. Business Journal

SpaceX considers bid on NASA lunar supply mission; Survios expands VR game offerings; Sunbit finds $26 million

SpaceX 130

Verify Expands In Germany

socalTECH

Irvine-based Verify , a provider of supplier performance management solutions for aerospace, high-technology, and other industries, said it has established a new, European subsidiary in Hamburg, Germany. According to Verify, its new subsidiary, Verify Deutschland GmbH will provide its full suite of solutions. Verify says it has been in Europe for over 40 years, but that the new subsidiary will provide a "significant and strategic" expansion of its capabilities in Europe. READ MORE>>.

First Time Entrepreneur Workshop 6/22/19

SoCal Tech Calendar

Saturday, June 22, 2019 -- LAVA First Time Entrepreneur Workshop. LAVA is extremely pleased to announce its next First Time Entrepreneur training program. The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. The program is not open to service providers. You are encouraged to apply today for one of the 25 slots open in our workshop. LAVA members will receive first preference, but membership is not necessary to be accepted.

LAVA 100

HipDot Studios Finds $2.5M For Influencer Beauty Brands

socalTECH

Los Angeles-based HipDot Studios , a new startup which is enabling influencers to create their own beauty brands, has raised $2.5M in a funding round and launched its platform, according to the company. The startup--founded by Jeff Sellinger, Sam Lim and Mo Winter--said the $2.5M in funding came from Founders Fund, Foundation Capital, and Ludlow Ventures.

ATandT SHAPE Conference

SoCal Tech Calendar

Sunday, June 23, 2019 --.

HipDot Studios Finds $2.25M For Influencer Beauty Brands

socalTECH

Los Angeles-based HipDot Studios , a new startup which is enabling influencers to create their own beauty brands, has raised $2.5M in a funding round and launched its platform, according to the company. The startup--founded by Jeff Sellinger, Sam Lim and Mo Winter--said the $2.5M in funding came from Founders Fund, Foundation Capital, and Ludlow Ventures.

More Trending

Iteris Acquires Albeck Gerken

socalTECH

Santa Ana-based Iteris , which provides data analysis in the areas of traffic, roads, weather, water, soil and crops, says that it has acquired Albeck Gerken , a provider of traffic operations engineering services. Albeck Gerken was based in Tampa, Florida. Accordin to Iteris, it will pay $10.7M for Albeck Gerken, split between cash and stock, and also another $2.3M in incentives paid out over the next three years. Albeck Gerken had revneues of $8.1M for the fiscal year ending December 31, 2018.

AECOM To Spin Off Government Services Business

socalTECH

Los Angeles-based consulting giant AECOM said this morning that it plans to spin off its government services business, in a deal that it expects will be complete in the second half of fiscal 2020.