Sat.Dec 12, 2020 - Fri.Dec 18, 2020

With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

TechCrunch LA

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica.

Bambee Raises $15 Million for HR Platform

L.A. Business Journal

Santa Monica-based Bambee Inc. has raised $15 million in Series B funding for its human resources platform for small businesses

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

When should you go for equity financing?

Berkonomics

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. Friends and family investors.

Equity 156

ClickUp Connects With $100M

socalTECH

San Diego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total. ClikUp offers up a range of corporate apps, including project management, chat, docs, time management, wikis, goal tracking, dashboards, and more. The company says it has seen more than 900 percent revenue growth in the past year.

Doc 169

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.

Fifth Wall adds new partner as it seeks at least $200 million for a new climate impact fund

TechCrunch LA

When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most.

Rocket Lab Launches Sixth Successful Mission This Year

L.A. Business Journal

Rocket Lab USA Inc. completed another mission Dec. 15, sending a satellite into space aboard one of the company’s Electron launch vehicles

More Trending

LA Mayor Garcetti Aims At Air Taxi Future

socalTECH

In a bid to push LA into the high tech world of the Jetsons, Mayor Eric Garcetti said on Wednesday that he has kicked off an effort to make Los Angeles an "unmistakable leader on urban air mobility". According to the Mayor's office, it has launched an effort called the Urban Air Mobility Partnership , which will help visualization a "new piece of L.A.'s s transportation network where people can go to fly on an urban air mobility aircraft."

PepsiCo signs on to sponsor new founder-in-residence program from M13

TechCrunch LA

The budding venture studio being built inside M13 has signed PepsiCo as its first new corporate partner.

Dash Systems Raises $8 Million for Airdrop Technology

L.A. Business Journal

Hawthorne-based DASH Systems Inc. will use the funding to expand aerial shipping to remote and rural areas

5 Keys to Ensuring Credibility, Trust, and Customers

Startup Professionals Musings

As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them.

Tastemade Acquired By ChefsFeed

socalTECH

Santa Monica-based Tastemade , which produces a series of food and travel videos, as well as related content, said this week that it has acquired Chefsfeed. Financial terms of the acquisition were not announced. According to ChefsFeed, it will work together with Tastemade to expand more of the livestreamed classes, chef documentaries, recipes, and more. ChefsFeed has more than 100 million viewers. Tastemade is led by CEO Larry Fitzgibbon. READ MORE>>.

SpaceX Launches 25th Mission of 2020

L.A. Business Journal

SpaceX launched its 25th successful mission for this year on Dec. 13, deploying an audio satellite for Sirius XM Holdings Inc

SpaceX 158

LA Tech Companies Give Mindfulness Apps the Stress Test

L.A. Business Journal

As L.A.'s s tech sector grows, a cluster of companies is taking meditation and mindfulness into a virtual space

AECOM Wins Projects in Texas, Colorado

L.A. Business Journal

Infrastructure consulting giant AECOM recently snagged contracts to provide environmental and engineering services for a light rail extension project in Texas and the renovation of an Air Force Academy hall in Colorado

6 Keys To Enchanting Your Customers With Your Service

Startup Professionals Musings

Having the best solution is a good start these days, but a solution alone is no longer enough to keep customer attention and loyalty. They expect to be surprised and delighted as well by their pre-purchase experience and post-purchase interactions.

6 Keys To Driving Your Business Through Team Culture

Startup Professionals Musings

Creating the right company culture must be a top priority of every entrepreneur and business leader. Simply speaking, culture-driven businesses put their people first, and people make the business, rather than the other way around.

Bambee Raises $15 Million for HR Platform

L.A. Business Journal

Santa Monica-based Bambee Inc. has raised $15 million in Series B funding for its human resources platform for small businesses

LA Tech Companies Give Mindfulness Apps the Stress Test

L.A. Business Journal

Since the early 20th century when health food vendors and spiritual gurus first began to descend upon the city, Los Angeles has been known as a place where people come seeking healthy living and mindfulness

7 Ways Successful Companies Stimulate Team Creativity

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that many of you have your most creative ideas for your company’s first big bang , but often get bogged down with details as the company grows.

ClickUp Taps BuzzFeed, Cheddar Exec As Creative Head

socalTECH

San Diego-based ClickUp , which develops productivity software for the business market, says it has tapped a veteran of the online media industry as its new Chief Creative Officer. The company said Melissa Rosenthal will serve as its first Chief Creative Officer, to shape its brand strategy, community engagement, and other efforts. Rosenthal was most recently Executive Vice President at Cheddar, and was Global Vice President of Creative at BuzzFeed.

Broadvoice Gets Private Equity Injection

socalTECH

Los Angeles-based Broadvoice READ MORE>>. broadvoice private equity unified communications telecom

Equity 109

Whatnot Collects $4M In Seed Funding Round

socalTECH

A new, Los Angeles startup, Whatnot , which operates a online live stream shopping service and marketplace for collectors, said late Thursday that it had raised $4M in a seed funding round. The funding came from Scribble Ventures, Wonder Ventures, Operator Partners, Y Combinator, Liquid 2 Ventures, Twenty Two Ventures, and others. The company said it has built an online marketplace which addresses the issues of fraudulent activity on existing marketplaces.

Interview with Vahid Manian, Morse Micro

socalTECH

Our interview this morning is with Vahid Manian , the Chief Operating Officer of Morse Micro (www.morsemicro.com), a semiconductor startup which is developing chips for the Wi-Fi HaLow market. We talked with Vahid--who is also Vice Chairman of Board of Directors for Global Semiconductor Alliance (GSA), was a Broadcom executive, and also who served at Ethertronics--about Morse Micro's technology, as well as why the Australian company has an office and is hiring in Irvine. What are you working on?

Newly Public Canoo Unveils Electric Delivery Vehicle

socalTECH

Los Angeles-based Canoo has unveiled plans for a new vehicle, aimed at the electric delivery, food truck, and other industries. The company--which recently went public via a Special Purpose Acquisition Company (SPAC)--said its new Multi Purpose Delivery Vehicle is based on the same platform as its subscription-only van. The company's reveal featured LA's "Dot Com" era startup favorite food truck, Kogi BBQ.

Elon Musk Plans Massive Las Vegas Transportation Expansion

socalTECH

Elon Musk , and The Boring Company , the company he runs that is building underground transportation systems, is planning a massive expansion of its network, after the bankruptcy of the Las Vegas Monorail. According to documents and land use applications filed by The Boring Company, it now hopes to connect all of the Las Vegas Strip, the Fremont Street Experience and downtown Las Vegas, all the way to McCarran International Airport through its underground tunnels.

QAD Acquiring German Company, Allocation Network GmbH

socalTECH

Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management. Financial details of the deal were not announced, and QAD said that the acquisition will "not have an immediate, material impact" on its financial results. The deal is expected to close by the end of 2020.

Leading Biosciences And Seneca Biopharma In Merger

socalTECH

Carlsbad, California-based Leading Biosciences , a biopharmaceuticals comapny focused on restoring normal gastrointestinal function following major surgery, has merged with Maryland-based Seneca Biopharma , a publicly traded biotech company. Seneca trades ont he Nasdaq as SNCA. According to Leading Bioscience, it is acquiring Seneca to form a new company, Palisade Bio, Inc. which will trade ont he Nasdaq Capital Market as PALI.

Study 109

Fisker Ties With Magna in Manufacturing Deal

socalTECH

Los Angeles-based electric car designer Fisker , the latest incarnation of the EV efforts of auto designer Henrik Fisker, says it has signed a definitive agreement with Magna International. According to Fisker, Magna will manufacture Fisker's upcoming Ocean vehicle in Europe. Fisker is hoping to show a prototype of the Ocean by the summer of 2021. Magna is a manufacturer of vehicles for a number of other automotive companies. Financial details of the deal were not announced.

Design 109

GoodRx Expands Marketplace To Include Telehealth, Mail Order

socalTECH

Santa Monica-based healthcare marketplace provider GoodRx said today that it has expanded the benefits for its subscription program, GoodRx Gold, to include both telehealth and mail order. The company said its subscription members now will receive exclusive discounts on online doctor visits and free mail delivery. The company's subscription program costs $5.99 per month for individuals, and $9.99 per month for family with up to six members. READ MORE>>.

Carlsmed Picks Up $10M For Spinal Correction Devices

socalTECH

San Diego-based Carlsmed , a biotech startup developing spine deformity correction devices, has raised $10M in a Series A funding. The funding was led by U.S. Venture Partners, and also included The Vertical Group, Cove Fund, and Wavemaker Three-Sixty Health, among others. According to the company, the funding will go to commercialize the company's family of aprevo spine deformity correction devices. The startup is led by CEO Mike Cordonnier.

DASH Systems Finds $8M For Airdrop Delivery Technology

socalTECH

Los Angeles-based DASH Systems , a developer of technology that allows for precision airdrop of deliveries from cargo aircraft, has raised $8M in a seed funding round, the company said this morning. The funding was led by 8VC, and also included Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain, and MiLA Capital.

Cosemi Connects With $8M

socalTECH

Irvine-based Cosemi Technologies , a developer of plug-and-play HDMI, DisplayPort and USB active optical cables, said on Tuesday tht it has raised $8M in a strategic funding round. The funding came from Nitto Denko Corporation, a Japanese materials manufacturer. According to Cosemi, it will ues the new funding round to accelerate its growth, and also address a growing market in the area of high-speed, hybrid active optical interconnect solutions.

Fifth Wall Adds New Partner With Climate Focus

socalTECH

Los Angeles-based venture investor Fifth Wall has added a new partner to the firm, Greg Smithies , to help it with its investments in climate related technologies. Smithies formerly was at BMW iVentures. The fund--better known for its real estate investments--disclosed today that it is raising a new, climate-focused fund targeted at at least $200M. Fifth Wall has not disclosed limited partners or current commitments in that new fund. Fifth Wall currently has $1.2 billion under management.

Invest 109

Scientist.com Acquires HealthEconomics.com

socalTECH

San Diego-based outsourced healthcare R&D marketplace Scientist.com said this morning that it will acquire HealthEcnomics.com , which operates an online community of scientists and suppliers of heatlh economics and outcomes research. Financial details of the acquisition were not announced. The companies said they expect the acquisition to be completed in January.

ACELYRIN Snags Funding For Biotech Effort

socalTECH

Los Angeles-based ACELYRIN , a new startup biopharma company, announced this morning that it has raised a Series A funding. Size of the funding round was not announced. The funding came from Westlake Village BioPartners. ACELYRIN said it is focused on providing patients life-changing new treatment options by identifying, acquiring, and accelerating development and commercialization of promising drug candidates. The company was co-founded by Shao-Lee Lin, MD, PhD, and Bob Carey.

Eta Compute Gets $12.5M In Series C

socalTECH

Westlake Village-based Eta Compute , a developer of technology for energy efficient artificial intelligence processing, has raised $12.5M in a Series C funding. The company says it has now raised $31.9M in total. The funding was led by Synaptics Incorporated, as well as existing investors. As part of the funding, Satish Ganesan, the Chief Strategy Officer at Synaptics, will join Eta's board. Eta Compute is led by CEO Dr. Ted Tewksbury.