Wed.Aug 21, 2019

Mobile Game Developer Scopeley Expands Internationally

L.A. Business Journal

Scopely is expanding its footprint in Europe, more than tripling its office space in Barcelona and upgrading its existing facility in Dublin, Ireland

5 Lifecycle Stages Of A New Venture Test Your Culture

Startup Professionals Musings

Successful startups seem to follow similar paths to greatness, and unfortunately all too often that path leads them back down the hill much faster than they went up.

Brainbase Brings in $3 Million

L.A. Business Journal

Intellectual property licensing software developer Brainbase Inc. announced August 20 it raised a $3 million seed round led by Struck Capital

Newegg Joins In With Intel Gamer Days 2019

socalTECH

Los Angeles-based online electronics products retailer Newegg said today that it is lauching a promotion as part of Intel Gamer Days 2019, which will run from August 30th to September 8th. According to Newegg, it will offer up promotions and discounts during the event, and also run an event at the HyperX Esports Arena in Las Vegas on September 7th.

NewEgg 109

Tala Raises $110 Million Series D

L.A. Business Journal

Santa Monica-based financial technology startup Tala completed a $110 million Series D raise to expand its market reach in India and continue developing its mobile micro-lending platform

Tala Takes $110M More In Funding For Fintech Efforts

socalTECH

Santa Monica-based Tala , the fintech startup led by CEO Shivani Siroya, has raised $110M more in a Series D funding round, the company said this morning. The funding was led by RPS Ventures, and also included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, and PayPal. The company has now raised a total of $215M. The funding reportedly values the company at over $500M. Tala said the new funding will help it expand its financial servies to India.

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MINDBODY Acquires Simplicity First, Plans R&D Expansion In India

socalTECH

San Luis Obispo-based MINDBODY , which develops an online, cloud-based platform used by wellness businesses to manage their scheduling, booking, and operations, has acquired Simplicity First , a software consulting firm. Financial details of the acquisition were not announced. Simplicity First is based in Pune, Maharashtra, India, and provides software development, quality assurance, and project management services.

Ford’s Autonomic Connects EV Maker Ayro to Its Mobility Cloud

Xconomy

Ford subsidiary Autonomic today announced a step forward in its drive to expand the online mobility hub it built to manage digital interactions among cars, drivers, fleets, service providers, and auto manufacturers—including Ford’s rivals. Palo Alto, CA-based Autonomic signed up Ayro , an electric vehicle startup, as a paying customer of its Transportation Mobility Cloud (TMC), in Autonomic’s first partnership with a vehicle manufacturer other than Dearborn, MI-based Ford (NYSE: F ).