L.A. Business Journal

JANUARY 6, 2020

Santa Monica-based Snap Inc. paid $166 million to acquire AI Factory Inc., a San Francisco-based startup founded by Snap's former director of engineering.

Santa Monica 162

Santa Monica Startup 162

socalTECH

JANUARY 6, 2020

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online. According to PayPal, the deal will "transform the shopping experience for PayPal's consumers while increasing sales and customer engagement for its merchants.

Acquisition 145

Acquisition Southern California Pasadena Sales 145

L.A. Business Journal

JANUARY 6, 2020

Electronic Arts chose veteran gaming executive Vince Lampella to lead the Los Angeles office of its subsidiary game developer, DICE.

Los Angeles 130

Los Angeles Electronic Arts Angel Develop 130

socalTECH

JANUARY 6, 2020

Rivian , the developer of electric trucks which has development offices in Irvine and Carson, California, said this morning that it will Alexa-enable its upcoming vehicles. According to Rivian, there will be a direct integratio of Amazon's Alexa into its connected car systems, with no phones or apps required. The Alexa integration deal is not surprising, given the agreement between Amazon and Rivian for Rivian to supply 100,000 all-electric delivery vans to Amazon, and a massive investment by Am

Carson 124

Carson Invest Develop Development 124

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

Startup Professionals Musings

JANUARY 6, 2020

If you think that financial modeling for a new business is arcane magic, limited in value to financial wizards and professional investors, then you have been listening to the wrong advisors. In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions.

Startup 123

Startup Pricing Sample Customer 123

socalTECH

JANUARY 6, 2020

Fountain Valley-based HyperX has announced a number of products at CES, including a new wireless gaming headset with support for the "Qi" wireless charging standard. HyperX added a new mechanical gaming keyboard, a new gaming mouse, a "gaming mouse pad", as well as DDR4 DIMM and DDR4 SODIMM modules. The HyperX Cloud Flight S wireless headset was the most significant offering, offering one of the first Qi-certified wireless headsets.

Product 124

Product Company Companies 124

socalTECH

JANUARY 6, 2020

Carlsbad-based Debut Bio , a startup developing continuous biomanufacturing technology, has raised $2.6M in a funding round for its efforts, according to a regulatory filing by the firm on Monday. The startup has not yet announced the round, which included nine investors, per a regulatory filing. According to Debut Bio, it is creating advanced biomanufacturing solutions for high value molecules by developing plug and play cartridges for a wide range of industries, including protein therapeutics,

Startup 100

Startup Funding Technology Develop 100

Xconomy

JANUARY 6, 2020

In the past seven years BioIntervene has been working to develop “ultra-selective” compounds to target an adenosine receptor associated with pain relief. Now the San Diego-based biotech has $30 million and a chief scientific officer, Charles Cohen, to guide its lead compound, BIO-205, into human testing for neuropathic pain. The company announced the Series A financing round and CSO hire on Monday.

San Diego 97

San Diego Guide Activity Develop 97

socalTECH

JANUARY 6, 2020

Hawthorne-based SpaceX is planning to try for its third launch of a set of Starlink satellites today, at 9:19 p.m. EST from its launchpad at Cape Canaveral. According to SpaceX, it plans to launch another batch of its high speed communications satellites from Space Launch Complex 40 (SLC-40), with a backup launch opportunity tomorrow at 8:57 p.m. EST.

SpaceX 100

SpaceX Hawthorne Marketing 100

Startup San Diego

JANUARY 6, 2020

Mark these dates in your calendar—these are the best business events in San Diego to attend in 2020! From small networking events to huge seminars, we've narrowed down our top ten. The post San Diego startup events you don’t want to miss in 2020 appeared first on Startup San Diego.

San Diego 51

San Diego Startup Networking Guide 51

socalTECH

JANUARY 6, 2020

Santa Monica-based Ring , which develops Internet-enabled doorbell cameras, security cameras, and other related products, is expanding its product lineup, saying at CES that it has rolled out a number of new products--including Internet-connected lightbulbs, garden lights, gate controllers, and more. Ring's new products all connect to Ring's app. Among the products is Access Controller Pro, a device which connects to electronic access gates, and lets users control those gates remotely.

Product 100

Product Santa Monica News Services 100

socalTECH

JANUARY 6, 2020

Los Angeles-based private equity investor OpenGate Capital has made another acquisition this morning, via its portfolio company, Sargent and Greenleaf. According to OpenGate Capital, Sargent and Greenleaf, which develops high security locks, has acquired Delaney Hardware Company , a provider of security related hardware products. Financial details of the acquisition were not announced.

Capital 100

Capital Company Companies Equity 100

socalTECH

JANUARY 6, 2020

Los Angeles-based digital audio and podcast advertising provider Triton Digital said today that its marketplace is now included in the Rubicon Project 's ad exchange, in a deal which will increase access to its digital audio and podcast supply. Triton Digital said that through the integration, buyers that use the Rubicon Project exchange can now access audio supply from online audio services, platforms, networks, radio and TV broadcasters, audio content publishers, and pro audio producers on its

Los Angeles 100

Los Angeles Advertising Platform Content 100

socalTECH

JANUARY 6, 2020

Thousand Oaks-based Teledyne Technologies , which owns a diverse set of businesses across the instrumentation, digital imaging, aerospace and defense electronics areas, said today that one of its subsidiaries, Teledyne LeCroy , has acquired Loom is, California-based OakGate Technology. Financial terms of the acquisition were not announced. OakGate develops software and hardware used to test electronic data storage devices from development through manufacturing and end-use applications.

Thousand Oaks 100

Thousand Oaks Technology Acquisition Software 100

socalTECH

JANUARY 6, 2020

Torrance-based Phyn , the Belkin spinoff which develops very advanced hardware used to monitor the usage of water in the home, has expanded its portfolio of products, the company said over the weekend at CES. According to the company, it has added two new products to its XL series of products, the Phyxl XL 1.5" and Pyn XL 2". The new products expand the company's ability to provide its water monitoring in larger homes, new construction, and light commercial properties which have water supply lin

Product 100

Product Belkin Artificial Inteligence Torrance 100