L.A. Business Journal

MARCH 15, 2017

ServiceTitan, a Glendale-based provider of business software for home service businesses, announced Wednesday it closed an $80 million Series B funding round.

Glendale 147

Glendale Software Funding Services 147

socalTECH

MARCH 15, 2017

The Los Angeles Cleantech Incubator (LACI), the nonprofit incubator which helps to support clean technology startups in Los Angeles, is making a push to increase diversity and inclusion in the cleantech sector, the incubator said Tuesday. LACI said it has launched a new Diversity in Entrepreneurship Advisory Council, specifically aimed at bringing women, people of color, and other underrepresented groups into the cleantech sector.

Incubator 133

Incubator Los Angeles Angel Technology 133

L.A. Business Journal

MARCH 15, 2017

ServiceTitan raises $80 million, ProducePay raises $77 million in debt and equity, and Soylent signs lease on 29,000-square-foot property.

Report 113

Report Equity 113

socalTECH

MARCH 15, 2017

Irvine-based storage-as-a-service provider Zadara Storage said on Monday that it has inked an agreement with technology distributor Tech Data Corporation. According to Zadara, Tech Data will offer up its services to its channel partners worldwide, through its Avnet Cloud Marketplace. Zadara's storage-as-a-service offering lets users connect to both cloud, on-premise, or hybrid storage setups using such protocols as FC, iSCSI, iSER, NFS, CIFS, S3, Swift.

S3 124

S3 Services Technology SaaS 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

Xconomy

MARCH 15, 2017

One of the companies trying to revive the once-failed notion of xenotransplantation has raised a significant round of cash. The $38 million Series A round announced by Cambridge, MA-based firm eGenesis comes as the field of human-compatible organs grown in animals, while still years from real products, is back in play because of advances in new biological modification techniques including the genome editing tool CRISPR-Cas9.

Organization 78

Organization Tool Product San Diego 78

socalTECH

MARCH 15, 2017

Los Angeles-based ProducePay , which operates a fintech startup to help farmers better manage their cash flow, has raised $77M in funding, split between $7M in equity and $70M in debt. The funding was led by CoVenture, and also included Menlo Ventures, Arena Ventures, CoVenture, Red Bear Angels and Social Leverage. ProducePay is led by Pablo Borquez Schwarzbeck.

Equity 113

Equity Startup Los Angeles Funding 113

socalTECH

MARCH 15, 2017

Playa Vista-based visual effects and virtual reality content developer Digital Domain has named Amit Chopra as CEO for North America. Chopra was already Executive Director and Chief Operating Officer at the company. Digital Domain said the appointment comes as the company is seeking to capitalize on emerging opportunities for visual effects, virtual reality (VR) production and original immersive content.

Content 113

Content Capital Product Develop 113

Xconomy

MARCH 15, 2017

Choice of entity—how an entrepreneur decides to conduct the business—is a key decision with critical tax and non-tax implications. In the coming months, the White House is expected to release a detailed tax reform plan which, among other things, may include a significant reduction in corporate tax rates. If the anticipated changes are adopted, should entrepreneurs be more willing to organize their business as a C-Corporation, rather than an entity that is taxed on a pass-through basi

Organization 57

Organization Entrepreneur San Diego Startup 57

socalTECH

MARCH 15, 2017

Los Angeles-based online advertising exchange operator Rubicon Project announced Tuesday afternoon that it has named Michael Barrett as CEO, replacing founder and CEO Frank Addante. Addante remains with the company as Chairman of the company. Barrett was most recently CEO of Millennial Media, and also had served as Chief Revenue Officer at Yahoo!, in addition to serving as CEO of AdMeld; he also has served at AOL and Fox.

Yahoo 113

Yahoo Advertising Report Los Angeles 113

socalTECH

MARCH 15, 2017

Glendale-based ServiceTitan , which develops business management software for the home services and contracting industry, has raised $80M in a Series B funding, the company announced this morning. ServiceTitan said the new funding was led by ICONIQ Capital. ServiceTitan's software is used by residential plumbing, HVAC, and electrical service providers to manage everything from dispatch to invoice management, marketing, and reporting for those home services professionals.

Glendale 113

Glendale Outsource Development Software Report 113