Thu.May 06, 2021

The tender issue of stealing time

Berkonomics

It’s a big issue within any company. . With easy access to Internet shopping, games, social networks and more, employees can find many ways to focus on personal issues while at work, detracting from productivity and demonstrating a disrespect for the time paid for by their employer.

Subscription Software Developer ReCharge Hits $2.1 Billion Valuation

L.A. Business Journal

ReCharge Inc., the developer of a subscription payments platform for ecommerce companies, has raised a whopping $277 million in a funding round

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

InvestCloud Acquires Advicent

socalTECH

Los Angeles-based InvestCloud, which develops software for the financial planning and banking market, said late Wednesday that it has acquired Advicent, a provider of cash flow, trust ,and tax financial planning technology. Advicent was backed by Vista Equity. Financial details of the acquisition were not announced. Advicent was based in Milwaukee, Wisconsin.

Equity 109

SpaceX Successfully Lands Starship in Test Flight

L.A. Business Journal

It took five tries, but SpaceX successfully completed a high-altitude test flight of its Starship spacecraft

SpaceX 130

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.

EngineEars Scores $1M In First Funding

socalTECH

Los Angeles-based EngineEars, a new startup that helps connect audio engineers with clients, said on Wednesday that it has raised $1M in a pre-seed funding round. The funding was led by Slauson & Co., and also included Kendrick Lamar, Roddy Ricch, Russ, Mustard, DJ Khaled, YG, Ella Mai, Bas, Smino, Masego, Cardogotwings, Young Guru, Kenny Beats, Ibrahim Hamad of Dreamville, La Mar Taylor of XO, Meko Yohannes of 10Summers, and indie-record label EQT.

Honest Co. Veterans Launch ELM Foods For Plant-Based Groceries

socalTECH

Two veterans of Honest Co. have launched a new startup, ELM Foods, focused on online grocery shopping for plant-based foods. According to ELM Foods, its two founders--Joel Jackson and Melissa Williams--were both at Honest Co., the newly public provider of natural baby and household products. According to ELM Foods, it is offering up "intelligent" recipe and meal-plan shopping for sustainable and healthy groceries, helping its customers eat a plant-based diet.