Mon.Nov 01, 2021

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Open Blends Mindfulness With Tech

L.A. Business Journal

After years of working with major companies and startups in the busy tech ecosystem of San Francisco, Raed Khawaja needed to take a deep breath.

Startup 304
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Type:A Brands Gets Investment From NBA Star, Wife

socalTECH

Los Angeles-based Type:A Brands, a maker of sweat free deodarant and other body care products, has scored an investment from NBA player Chris Paul and his wife Jada Paul. Sizeo f the investment was not announced. According to the company, the investment came from "Jada's passion and desire to get involved with the brand in a deeper way". Jada Paul will become a strategic advisor to the company.

Invest 113
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SunGreen Integrates Energy Management With Solar Installation for Commercial Customers

L.A. Business Journal

When it launched 12 years ago as a solar panel installation spin-off business, Pasadena-based SunGreen Systems Inc.could have tried to compete with major players in the residential solar rooftop market.

Customer 246
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Fender Music Buys Presonus Audio

socalTECH

Hollywood-based musical instrument manufacturer Fender Musical Instruments Corporation says it has acquired PreSonus Audio Electronics, a Baton Rouge, Louisiana-based brand which designs and manufactures recording and live sound hardware and software. Financial details of the acquisition were not announced. PreSonus was founded in 1995 by Jim Odom and Brian Smith.

Hollywood 113
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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.

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Rocket Lab’s Peter Beck Shares Why He Keeps Things Complex

L.A. Business Journal

Peter Beck realized space flight was his dream while looking at the night sky as a toddler with his dad.

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Longtime Stamps.com CEO McBride Steps Down

socalTECH

The longtime CEO of El Segundo-based Stamps.com, Ken McBride, has stepped down from the helm of the company, Stamps.com said this morning. Stamps is a provider of electronic postage and related software. McBride had been CEO of Stamps.com for more than 20 years, having starting in the President and CEO role in August of 2001. According to Stamps.com, McBride "decided to step down" but will remain at the company through the end of the year to assist in the transition.

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Meta Acquires LA's Within, Maker Of AR Workout App Supernatural

socalTECH

Los Angeles-based Within--the maker of the virtual reality workout app Supernatural-- has been acquired by Meta, the company most recently known as Facebook. Financial details of the acquisition were not announced. Supernatural's virtual reality fitness app runs on the Oculus Quest, and was offered up via subscription. The app uses video avatars of instructors and motion tracking for its fitness workouts.

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Stamps.com Chief Executive Steps Down After 20 Years, Names Replacement

L.A. Business Journal

Ken McBride will remain on Stamps.com's board and will assist incoming Chief Executive Nathan Jones with the transition through the end of the year.

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6 Ways To Turn Business Adversity Into a Step Forward

Startup Professionals Musings

Every entrepreneur and business owner I know has had more setbacks than they would like to admit, in this age of rapid change and constant surprises, like the current pandemic. Some are able to overcome every challenge, and come out ahead, while others are discouraged and lose ground with each one, ultimately leading to their business demise. Which category are you in?

Mentor 127
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DwellWell Takes Mystery Out of Homebuying

L.A. Business Journal

For Samantha Carow, purchasing a house seemed like a mystery.

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InvestCloud Launches New Products

socalTECH

Los Angeles-based InvestCloud, a developer of fintech software, said it has launched a new product called InvestCloud X. The company said the new product includes a digital communications platform for advisors to interact with clients; a digital planning platform for providing the " simplest to the most sophisticated needs of all investors" as well as a digital shopping platform for financial products.

Product 100
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Hofy Equips Remote Workers

L.A. Business Journal

At the start of 2020, Sami Bouremoum was working on a micromobility startup for short commutes.

Startup 130
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Precellerator Program Virtual Demo Day

SoCal Tech Calendar

Thursday, November 4, 2021 --.

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