Tue.Jul 23, 2019

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India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

TechCrunch LA

Mumbai-based Haptik, which operates a conversational AI platform , has already won several high profile clients in India. Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America.

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Chatbot Startup Convrg Joins Haptik

L.A. Business Journal

Chatbot developer Convrg is merging with Haptik, a New York-based artificial intelligence company.

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Using Spotify and Netflix payments to build your credit score? Grow Credit has a service for that.

TechCrunch LA

Can subscriptions and everyday payments be used to help build or rebuild a credit score? The Los Angeles-based Grow Credit thinks so. The service, which launched earlier this month, is one of the slew of new ideas coming from businesses that are angling to help build up credit scores for folks who can’t (or won’t) get a credit card, or who are rebuilding their credit.

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WeRecover Launches Search App For Addiction Treatment

socalTECH

Santa Monica-based WeRecover , a venture-backed startup which operates an addiction search engine, says it has launched new apps for both iOS and Android. The startup--which is bcaked by $5.3M from Crosslink Capital, Wonder Ventures, Box Group and Struck Capital--says its new apps include a new treatment search engine and "B2B admissions portal", supporting both prospective patients and treatment providers.

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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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Snap Beats Earnings Expectations Again

L.A. Business Journal

Snap Inc. posted second quarter earnings today, continuing its trend of beating analyst expectations for revenue and trimming losses.

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ShuttleFinder.com Launches Airport Shuttle Marketplace

socalTECH

Los Angeles-based ShuttleFinder.com said on Monday that it has launched a new, online marketplace for airport shuttles, charter vans, luxury town cars and limo services. According to service, it is aiming its service at consumers looking to pre-book and guarantee shared shuttles, private sedans, vans, and limos, as well as, in some of its markets, large buses.

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HireAHelper Acquired By Porch

socalTECH

San Diego-based HireAHelper.com , which operates a marketplace which lets people find and compare moving services providers, has been acquired by Seattle-based home repair and improvement marketplace Porch. Financial details of the acquisition were not announced. According to Porch, the acquisition will help strengthen its offering in the moving services industry.

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Silicon Beach Report July 23: Revenue Rises at Snap

L.A. Business Journal

SpaceX resupplies International Space Station; WeRecover uses apps to treat addiction; Snap beats expectations in Q2

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ABL Space Systems Finds Funding From Lockheed Martin

socalTECH

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. According to ABL Space Systems, the financing will go to advance its development and test program, including a planned integrated stage test in the second half of 2019.

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With Regulator’s Nod, Bosch Plans Spread of Driverless Valet Parking

Xconomy

Mass fleets of self-driving cars have yet to arrive on our streets, but people are already worrying about where they’re going to park. If they all just circle around city blocks, competing to offer on-demand rides, they could slow traffic to a crawl, industry observers say. Autonomous robotaxi services like Alphabet unit Waymo’s are still at a fledgling stage, but German industrial conglomerate Bosch is getting a head start on the parking problem.

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Moving Services Startup HireAHelper Acquired By Seattle’s Porch

Xconomy

HireAHelper.com, an online marketplace that links people who are moving to a new home with local movers and related services, has been acquired by Porch, which operates a marketplace that connects people with a variety of home repair and improvement services. The Seattle, WA-based acquirer says that last year it facilitated more than 2 million home-related projects, from plumbing and roofing to electrical work and carpentry.