socalTECH

AUGUST 10, 2018

Los Angeles-based j2 Global said on Thursday that it continues to estimate revenues of between $1.20 billion and $1.25 billion for its fiscal 2018, as it continues to grow its stable of businesses. The company--which owns such brands as IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com, Everyday Health and What To Expect, plus eFax, eVoice, Campaigner, Vipre, KeepItSafe and Livedrive--reported a 5.4 percent increase in its revenues between Q2 of 2017 and Q2 of 2018 in its quarterly resu

Southern California 124

Southern California Los Angeles Media Acquisition 124

L.A. Business Journal

AUGUST 10, 2018

Santa Monica’s sports marketing firm GumGum Sports (a division of GumGum Inc.) announced Aug. 10 it signed a multi-year agreement to provide media valuation services for the Maui Jim Maui Invitational basketball tournament.

Media 113

Media Services Marketing 113

socalTECH

AUGUST 10, 2018

The Securities and Exchange Commission is looking into a series of tweets made by technology mogul Elon Musk earlier this week, where he said he was looking into taking Tesla private. Musk--who is also head of Hawthorne-based SpaceX -- said earlier this week that he had "Funding secure" to take Tesla private at $420 per share. READ MORE>>.

Hawthorne 113

Hawthorne SpaceX Report Funding 113

L.A. Business Journal

AUGUST 10, 2018

Tinder eyes $800-million mark this year; SpaceX investors hold steady despite Tesla drama; luxury boat online rental service OnBoat now on board in L.A.

SpaceX 113

SpaceX Report Services 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

AUGUST 10, 2018

Los Angeles-based Appetize , which develops modern, point-of-sale systems that use tablets and handheld devices to replace antiquated POS systems, has raised $23M in a Series B funding, the company said this week. The funding came from 32 equity, the NFL's investment arm. Appetize says it has now raised more than $50M in funding. Appetize has a significant footprint in the sports world, with deployment at 10 NFL stadiums, including use by the Philly Eagles at Lincoln Financial Field.

Funding 100

Funding Equity Sales Los Angeles 100

SoCal Tech Calendar

AUGUST 10, 2018

Thursday, August 16, 2018 -- Global LAVA: "Exit Options in Today's Environment" Whether you are just starting a business or exploring exit options, this Global LAVA event is designed to educate entrepreneurs, investors, and service providers about the current market dynamics and opportunities to position a company for a successful exit. Come learn about the corporate MandA process, discover what financial sponsors are looking for, and understand whether an IPO is still an option.

LAVA 100

LAVA Education Venture Capital Equity 100

Xconomy

AUGUST 10, 2018

Alnylam Pharmaceuticals made history this afternoon. The FDA has just approved Alnylam’s patisiran (Onpattro) , making it the first medicine specifically cleared to treat a rare and deadly disease called hereditary transthyretin amyloidosis (hATTR). The decision is a scientific milestone too: it marks the first-ever approval for a medicine that uses RNA interference (RNAi), a method cells can use to silence a gene before it makes a harmful protein.

Press 76

Press San Diego Blogging 76

socalTECH

AUGUST 10, 2018

Los Angeles-based online real estate marketplace RealtyMogul reported this week that it has now raised over $50M via its two REITs, which have invested in properties valued at over $297M. According to RealtyMogul, its two REITs include MogulREIT I, which has $40M invested in 15 investments, and includes over 4,000 investors; and MogulREIT II, which has $10M invested in six different investments, from over 1,000 investors.

Invest 100

Invest Los Angeles Report Angel 100

SoCal Tech Calendar

AUGUST 10, 2018

Thursday, August 16, 2018 --.

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socalTECH

AUGUST 10, 2018

San Diego-based Qualcomm has negotiated a settlement in Taiwan, which will reverse most of a giant $774M fine levied against the company in 2017, reducing that fine to just $93M. According to Qualcomm, it will now promise to invest $700M over the next five years and develop a Taiwanese center for operations and manufacturing engineering, among other investments in the country.

San Diego 100

San Diego Startup Invest Mobile 100

Xconomy

AUGUST 10, 2018

Two imminent FDA rulings on two separate drugs aren’t just noteworthy for the patients they’ll help, but the long and winding road their developers have taken to get to this point. First is Alnylam Pharmaceuticals, which has spent 16 years and over $2 billion to try to bring an unproven form of medicine, RNA interference (RNAi), to market. A positive FDA decision, which could come by Saturday, would mark RNAi as a bona fide drug-making method, and Alnylam as its standard-bearer.

News 57

News Pricing Help Marketing 57

socalTECH

AUGUST 10, 2018

Los Angeles-based dating app Tinder is set to hit $800M in revenues in 2018, according to owner Match Group this week. Match Group CFO Gary Swidler reported the growth in revenues at Tinder earlier this week, on Match's earnings call, saying that Tinder more than doubled its revenues from last year. Most of Tinder's earnings are from Tinder Gold, the premium version of the Tinder dating service.

Los Angeles 100

Los Angeles Report Services Angel 100