NuOrder to Be Acquired in $425 Million Deal
L.A. Business Journal
JUNE 8, 2021
NuOrder Inc. is expected to be acquired by Lightspeed in an estimated $425 million deal.
Tue.Jun 08, 2021
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Relativity Space Raises $650M More For 3D Printed Rockets
socalTECH
JUNE 8, 2021
Long Beach-based 3D, printed rocket developer Relativity Space said on Tuesday that it has raised another round of funding--worth $650M--to go towards production of its first rocket. According to the company, the round was led by Fidelity Management and Research. The Series E funding brings the company's total raised to more than $1.9 billion. Relativity is in the process of developing 3D printed rockets, which the company claims will be much easier to build and reuse.
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Viterbi Startup Garage: Oceanside Chat: Avoiding The Top Mistakes Made In Productland
SoCal Tech Calendar
JUNE 8, 2021
Wednesday, June 9, 2021 -- Viterbi Startup Garage: Oceanside Chat: Avoiding The Top Mistakes Made In Productland. Dave Cole (Founder and CEO of Open Raven) What: Dave will draw from his 20+ years building products for companies of various shapes and sizes to explore the many ways things can go sideways when building a new product and how to avoid such missteps.
Evite Names Two Execs
socalTECH
JUNE 8, 2021
Los Angeles-based Evite has named two executives, saying today that it has named James Woo as President and David Grant as Vice President of Product. Woo previously served at such companies at Next Generation Esports, where he served as President and CEO, as wlel as Nomad Financial, and Marsh McLennan. Grant previously was Senior Director of Product at Activision Blizzard Media, and also served at Study.com and Dynamic Signal.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
NuOrder To Be Acquired In $425 Million Deal
L.A. Business Journal
JUNE 8, 2021
NuOrder Inc. is expected to be acquired by Lightspeed in an estimated $425 million deal.
Onramp Joins Visa Fintech Program
socalTECH
JUNE 8, 2021
San Diego-based Onramp, which is developing a platform to help financial advisors provide access to cryptocurrency, says it has joined Visa's Fintech Fast Track program. According to the company, it gains access to Visa's full suite of technology, resources, and partners to expand its footprint in the financial services and technology area. Onramp says its service helps financial advisors to research, model, invest, and securely manage their clients' cryptoassets.
Ecwid, NuORDER Acquired By Lightspeed For Nearly A Billion Dollars
socalTECH
JUNE 8, 2021
Two, Los Angeles area companies--Ecwid and NuORDER--are in a deal to be acquired by Canadian point-of-sale software developer Lightspeed, Lightspeed announced on Monday. According to Lightspeed, it will pay approximately $500M for Ecwid, split between $175M in cash and $325M in shares of the company. Lightspeed will pay approximately $425M for NuOrder, split between $212.5M in cash plus sahres worth another $212.5M.
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