Wed.Nov 22, 2017

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BlackLine Donates Seven Semi-Trucks Full Of Clothing To Homeless

socalTECH

Los Angeles-based accounting software developer BlackLine has donated seven, semi-trucks full of clothing to help provide clothing to the homeless in Los Angeles, the company said today, as part of its philanthropic initiatives. BlackLine said it is working with Shelter Partnership , a loca lorganization which is working to solve the issues behind homelessness, on the effort.

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Silicon Beach Report Nov. 22: Divergent 3D Announces $65 Million Round for 3-D Printed Car Frames

L.A. Business Journal

Divergent 3D announces $65 million round for 3-D printed car frames; Elon Musk claims Boring Co. generated $300,000 by selling hats; and an L.A. councilman wants cybersecurity programs for small businesses.

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Elon Musk's The Boring Company Raises Over $300k Via Hat Sales

socalTECH

The Boring Company , the startup founded by tech mogul Elon Musk to develop the technology to dig transportation tunnels underneath Los Angeles and other cities, has so far raised over $300K from selling hats with the company's logo on it, according to Musk. The Boring Company had started selling the hats only a little bit over a month ago. Musk, on Twitter, jokingly called the sales its "Initial Hat Offering".

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5 Keys To Satisfaction From Solving Market Challenges

Startup Professionals Musings

Perhaps sparked by the now forgotten recession, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. They have an uncanny ability to find elegant, easy, and fast solutions to pain points in the marketplace, as well as their own challenges.

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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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Divergent 3D Raises $65M More

socalTECH

Los Angeles-based Divergent 3D , a developer of 3D metal printing technology for the manufacturing industry, has raised $65M more, with an option of an additional $40M in investment, the company said late Tuesday. The funding is being led by O Luxe Holdings Limited, and also includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies.

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Edmunds Names Editor-in-Chief

socalTECH

Santa Monica-based automotive information site Edmunds has named a new Editor-in-Chief for its content, the company said on Tuesday. According to Edmunds, Alistair Weaver has been named Vice President of Editorial and Editor-in-Chief, to lead a team of over 30 content producers for Edmunds site and social platforms. The company said Weaver has more than 20 years of experience in the automotive, men's lifestyle, and broadcast areas, and founded television documentaries, branded content, and event

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Cinedigm Investment Deal Clears CFIUS Review

socalTECH

Los Angeles-based Cinedigm , which distributes movies and other content to iTunes, Netflix, and Amazon, and others, said the majority investment deal from Bison Entertainment Investment Limited has been approved by the Committee on Foreign Investment in the United States (CFIUS). According to Cinedigm, the CFIUS said it will not take action to prevent, unwind, or require any modifications to the deal, which was announced on June 29th.

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