TechCrunch LA

MARCH 16, 2021

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. Existing backers Accel and General Atlantic also participated. .

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SEM Commerce Los Angeles Funding 340

socalTECH

MARCH 16, 2021

Los Angeles-based startup Flowspace, which is developing fulfillment technology to help e-commerce companies store and ship their products, said this morning that it has raised $31M in a new funding round. The Series B funding was led by BuildGroup. The company said that existing investors, including Canvas Ventures, Industrious Ventures, Moment Ventures, 1984 Ventures, eGateway Capital and Y Combinator also participated.

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Commerce Los Angeles Funding Capital 124

socalTECH

MARCH 16, 2021

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The notes are due in 2026. Magnite offers up a sell-side advertising platform for desktop, mobile, audio, and other platforms.

Pricing 113

Pricing Software Review .Net Advertising 113

socalTECH

MARCH 16, 2021

Santa Monica-based on-demand electric scooter provider Bird says it is planning a major investment in Europe, saying it will invest $150M in the continent in 2021. Bird said the investment is part of an effort to support European cities as they reopen and recover. According to the company, the funds will be used to open safe, sustainable micromobility programs in over 50 new European cities, as well as invest in recycling and second life applications for vehicles, among other efforts.

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Invest Santa Monica Demand Mobile 113

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

socalTECH

MARCH 16, 2021

Irvine-based tellevision and display maker VIZIO says it has launched its IPO roadshow this morning, looking to sell 15,120,000 shares of its Class A common stock. The company said it expects its initial offering price to be between $21.00 and $23.00 per share. The company is looking to list on the New York Stock Exchange under the symbol VZIO. The IPO is being underwritten by J.P.

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