L.A. Business Journal

DECEMBER 8, 2016

Tinder Chief Executive Sean Rad will step down from his role as the company’s chief executive to lead Swipe Ventures, a Match Group accelerator and acquisition vehicle.

Acquisition 151

Acquisition 151

socalTECH

DECEMBER 8, 2016

Carpinteria-based construction software developer Procore , which is led by Tooey Cortemanche, announced late Thursday that it has raised $50M in a new funding, led by ICONIQ Capital. According to Procore, the new funds will go towards expanding and extending its construction technology platform. The company's cloud-based construction software is used to manage construction projects.

Software 130

Software Software Development Platform Capital 130

L.A. Business Journal

DECEMBER 8, 2016

Sean Rad to step down as Tinder CEO to become head of Match Group M&A firm, Honest Co. to cut 14 percent of staff, and Hulu launches multiple user profiles.

Hulu 109

Hulu Report 109

socalTECH

DECEMBER 8, 2016

Calabasas-based audio technology developer DTS --which is now owned by Tessera Holding Corporation--said this morning that it has acquired All In Media , a developer of smartphone apps and broadcast systems for the radio industry. Financial details of the acquisition were not announced. All In Media has offices in London and Sydney, and was founded in 2007; the companies said its customers include Australian Broadcasting Corporation, Bauer Media Group, Nova Entertainment, NRK, Primedia, Radiopla

Media 116

Media Calabasas Entertainment Acquisition 116

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

Xconomy

DECEMBER 8, 2016

Speaking at a conference in San Francisco Wednesday, geneticist Craig Venter revealed that he had just had surgery for prostate cancer three weeks ago. A health workup at his own high-end clinic, Health Nucleus, pinpointed the cancer. Famous for leading one of two teams in the 1990s that raced to unlock the human genome, Venter said he had surgery soon after the diagnosis because the cancer was classified as “high grade,” meaning likely to grow and spread quickly, according to the Na

Conference 76

Conference San Diego Research Blogging 76

socalTECH

DECEMBER 8, 2016

Los Angeles-based KidGuard.com , a startup backed by Lawrence Ng's OnRamp Fund, said this week that it has launched a new product which can help parents monitor their children's texting and cell phone usage. KidGuard.com said its new software allows parents to monitor sent, received, and deleted text messages on their children's cell phones; track where a child is at any moment in time; access call logs and call information; browse photos sent and received by your child, and even track all socia

Oversee.net 109

Oversee.net Product Snapchat Social Media 109

socalTECH

DECEMBER 8, 2016

Waggle , a new media company which publishes pet and animal content on its own website, Facebook, and other channels, said Wednesday thatit has raised $2.3M in a seed funding--which included a number of Los Angeles investors, including Lowercase Capital, the United Talent Agency, and Allen Debevoise. Raine Ventures, which led the round, also has a presence in Los Angeles.

Seed Funding 109

Seed Funding Los Angeles Content Media 109

socalTECH

DECEMBER 8, 2016

Los Angeles-based Honest Company is one of 44 companies who are backing an effort this week by the current White House, to bolster equal pay efforts in the United States. The Honest Company joined such companies as Adobe, AT&T, Autodesk, eBay, Edison International, Estee Lauder, InterContinental Hotels Group, New Belgium Brewing, and many others in signing the pledge.

Company 109

Company Companies Southern California Equity 109

socalTECH

DECEMBER 8, 2016

Los Angeles-based Honest Company , the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees --or nearly 14% of the company--in what the company has billed as a "growth positioning". The report was first detailed by WWD. The report said cuts include its CFO and COO, David Parker, and co-founder Sean Kane, as well as a significant number of call center positions in Texas.

Company 109

Company Companies Report Los Angeles 109

socalTECH

DECEMBER 8, 2016

Aliso Viejo-based Crossover Health , a developer of employee health care centers, has raised $92M in a funding round from Gurnet Point Cpaital, the two said on Wednesday. Crossover Health develops on-site and near-site health centers for employers, to help address employer health are costs. The company said it currently provides health for approximately 50,000 employees of companies around the country.

Invest 109

Invest Sites Funding Help 109

socalTECH

DECEMBER 8, 2016

Monrovia, California-based unmanned aerial vehicle maker AeroVironment is ramping up its efforts in developing more commercial applications for its drones, saying it has launched a new effort with California State University, Fresno on identifying water stress in almond production using its UAVs. According to AeroVironment, the year-long study will focus on how unmanned aerial vehicle (UAV) imagery and analytics could potentially detect varying levels of water stress in almond trees, and help dr

Study 100

Study Monrovia Help Product 100