Tue.Jan 04, 2022

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Symplr Acquires Midas Health Analytics Solutions

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Enterprise healthcare company Symplr, which is owned by Santa Monica-based private equity investor Clearlake Capital Group, said this morning that it has acquired Midas Health Analytics Solutions from Conduent Incorporated.

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MeetKai Aims At Metaverse

socalTECH

Los Angeles-based MeetKai, a new virtual reality startup, says it is taking aim at the "Metaverse" with a new set of artificial intelligence-powered offerings. According to the company, it has created its own "lifestyle VR world" called the MeetKai Metaverse. The company says it offers a series of AI-powered VR experiences, including everything from museum tours and personalized meditations to private boxing lessons and safari tours.

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Brainbase Gets Win With Nissan

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Los Angeles-based Brainbase, which develops software to help licensing teams manage partnerships and contracts, said it has inked a deal with Nissan Motor Corporation. Financial details of the win were not announced. According to Brianbase, Nissan will unify its global licensing operations on Brainbase's platform. Brainbase is backed by Bessemer Venture Partners and Nosara Capital, and also included Alpha Edison, Struck Capital, Bonfire Ventures, FJ Labs, and others.

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Liquid Death Scores $75M More

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Los Angeles-based canned water brand Liquid Death has raised $75M in a Series C funding round at a valuation of $525M. The funding was led by startup studio Science, and also included Live Nation, PowerPlant Partners, Access Capital, and Nomad Ventures. According to an interview with CEO Mike Cessario, the company had nearly $45M in revenues in 2021.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.