2017

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GumGum Jumps Into Publishing With New Site

socalTECH

Santa Monica-based GumGum , the developer of computer vision and artificial intelligence software focused on the advertising industry, has jumped into the online publishing business, saying it has started a new online publication call The Visionary. GumGum said it will publish original and curated content, a newsletter, awards and more focused on artificial intelligence and computer vision.

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Silicon Beach Report May 23: Real Office Centers, Co-Working Tenants Evicted from Santa Monica Office

L.A. Business Journal

Real Office Centers, co-working tenants evicted from Santa Monica office, Snapchat launches custom group stories, and Pepsi to label millions of cans with Snapchat codes.

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Trending Sources

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Envoy launches in LA aiming to bring EV car sharing to real estate developments

TechCrunch LA

Looking to make EV car sharing the next perk for real estate developers, Envoy, a new Los Angeles startup has launched its first pilot. Initially, they’re starting with one apartment building and a fleet of two cars in an LA apartment complex. But, what the young startup lacks in reach, it makes up for in gumption. Founded by two real estate developers, Aric Ohana and Ori Sagie, the… Read More.

Develop 329
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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. 10 years ago we found ourselves trying to persuade LPs and VCs that it was worth spending more time getting to know the LA market and now the most common refrain that I hear from them is “there really is something going on in LA.

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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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7 Steps To Finding Investors Aligned With Your Values

Startup Professionals Musings

One of the most common complaints I hear from new business owners and startups is about the pain and difficulty raising capital. The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control. Based on my experience with startups, I’m a strong believer that there are far better alternatives available, if you think outside the box.

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22 Los Angeles Startups You Need to Watch Out For

Tech.Co

While the Bay Area hold the title of most prolific startup ecosystem , there’s no denying that California is a veritable gold mine of entrepreneurial talent. Los Angeles, for one, is not only brimming with innovative ideas, it’s also home to a wide range of unique startups that are solving the problems of the world. Everyone knows that a startup is only as good as its leadership, which is why the 22 startups listed below are helmed by some of the best and brightest in Silicon Beach.

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EnumSet and EnumMap

TechEmpower

This article discusses java.util.EnumSet. and java.util.EnumMap. from Java's standard libraries. What are they? When should they be used? Could the implementations be improved? Could the APIs be improved? Conclusion. What are they? EnumSet. and EnumMap are compact, efficient implementations of the Set and Map interfaces. They have the constraint that their elements/keys come from a single enum type.

Java 330
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Think like a general! Create strategies and tactics now.

Berkonomics

If you have been following the last several weeks of these postings, then now we’re getting organized. There are many ways to express the road map for your enterprise. One of the most popular was used by the U.S. Army late in World War II, and adopted by many high profile businesses such as Texas Instruments after the War. The structure combined the listing of the goal with a series of strategies and then tactics, each designed to support each other, each measurable and made public throughout

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Which Of These 7 Fears Are Keeping You From Being An Entrepreneur?

InfoChachkie

A version of this article previously appeared in Forbes. Marketing automation company HubSpot recently surveyed its users, asking them a variety of startup questions. Some […]. The post Which Of These 7 Fears Are Keeping You From Being An Entrepreneur? appeared first on John Greathouse.

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Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter

L.A. Business Journal

L.A. seed funding falls sharply in first quarter, Brian Lee and Ron Burkle-backed medical apparel Startup Jaanuu raises $5 million from retail execs, and Nasty Gal founder Sophia Amoruso’s dramatic biopic releases Friday on Netflix.

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Tesloop Ride Sharing Service Expands

L.A. Business Journal

Long-haul commuting is better in a Tesla. That’s the theory behind Tesloop of Culver City, a car service which ferries passengers on highway trips between 50 miles and 200 miles around Southern California in Tesla Inc.’s Model X or Model S cars.

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Hackers Steal Client Data From Line 204 Studios

L.A. Business Journal

Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined.

Hollywood 277
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Snap and Time Warner Sign $100 Million Content Deal

L.A. Business Journal

Snap Inc. and Time Warner Inc. announced a global partnership to develop made-for-Snap shows over the next two years. The deal, reportedly valued at $100 million, will include both entertainment and advertising content.

Content 210
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DermTech Raises $10M In Series C Funding

socalTECH

La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors.

Funding 199
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CALIENT Acquired By Chunxing

socalTECH

Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., Ltd. , the two said this morning. Financial terms of the acquisition were not announced. According to the two, Chunxing buys a controlling stake in the company, and will also provide manufacturing services to CALIENT as part of the acquisition.

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Syneron Candela Goes Private In $400M Deal With Apax

socalTECH

Irvine-based aesthetic medical device developer Syneron Medical announced late Monday evening that it has become a private company, in a $400M go-private deal with Apax Partners. According to Syneron Medical, funds advised by Apax Partners paid $11.00 per share in cash for the company. The deal had originally announced on April 3rd. As part of the go-private deal, Syneron said that Geoffrey Crouse has been appointed CEO of the company, and also has joined its board.

Funding 170
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Silicon Beach Report April 6: Hyperloop One Asks Public to Suggest U.S. Routes, Selects 11 Regions for Further Study

L.A. Business Journal

Hyperloop One asks public to suggest U.S. routes and selects 11 regions for further study, on-demand doctor app Heal adds Obama’s Secretary of Navy to board, and Virgin Galactic planning for test space launch before end of year.

Study 170
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Silicon Beach Report Feb. 22: Global Eagle Stock Plunges After CEO and CFO Resign

L.A. Business Journal

Global Eagle stock plunges after CEO and CFO resign, AwesomenessTV CEO Brian Robbins resigns, microfinance startup Tala raises $30 million, and more.

Report 170
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Sony Pictures Television to Acquire Funimation Productions Ltd.

L.A. Business Journal

Sony Pictures Television has reached an agreement to acquire a majority stake in Texas-based Funimation Productions Ltd., a distributor of Japanese anime content, valuing the company at about $150 million.

Product 150
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L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

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Silicon Beach Report Oct. 18: LAEDC Includes 9 Sites in L.A. Region Bid for Amazon’s Second Headquarters

L.A. Business Journal

LAEDC includes 9 sites in L.A. region bid for Amazon’s second headquarters, crypto venture firm Blockchain Capital raising $150 million for two funds, and Snap partners with Discovery, Eurosport for Olympics coverage.

Sites 140
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Tuition.io Raises $7 Million

L.A. Business Journal

Student loan management program Tuition.io of Santa Monica announced Thursday it raised a $7 million Series B round.

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Silicon Beach Report Sept. 5: Velocify Acquired for $128 Million

L.A. Business Journal

Velocify acquired for $128 million, SpaceX’s Falcon Heavy completes first-stage test, and car shopping and lending app Fair launches in Los Angeles.

Report 140
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Uber adds LA to flying taxi test cities, demo flights slated for 2020

TechCrunch LA

Uber has inked a partnership with Nasa over its flying taxi plans and says now it’s aiming to get demo flights up and running in Los Angeles by 2020. Read More.

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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.

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TeleSign Acquired By BICS For $230M

socalTECH

Los Angeles-based TeleSign , which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS , in a deal worth $230M in cash plus unspecified earnout. BICS said that TeleSign has annual revenues of around $100M. As part of the deal, BICS said that TeleSign will continue to operate independently as a wholly-owned subsidiary of the company, led by current CEO Aled Miles.

Mobile 247
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YP Holdings Acquired By Dex Media

socalTECH

Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. Dex Media said on Friday that it has acquired YP Holdings , which operates both YP.com and the Real Yellow Pages, and will create a new combined company called DexYP.

Media 208
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Blockchain-Based Health Care Start-Up Curisium Raises $3.5 Million

L.A. Business Journal

Curisium, a Manhattan Beach–based start-up company that allows health care systems and biotech firms to contract through blockchain technology, has raised $3.5 million from investors, officials announced Thursday.

Startup 207
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Famous Birthdays In Growth Mode

socalTECH

Los Angeles-based Famous Birthdays , which operates an online service which lets you look up the birthdays of famous people, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office. The startup, which recently relaunched its website to add video on its many profiles, is led by Evan Britton.

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Silicon Beach Report Jan. 25: Ring Raises $109 Million, Eyes IPO

L.A. Business Journal

Ring raises $109 million and eyes initial public offering, Elon Musk endorses former ExxonMobil Chief Tillerson for Sec. of State, and 3-D car part printer Divergent raises $23 million.

Report 141
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Silicon Beach Report Dec. 8: Snapchat Gets Up To $1 Million a Day for Branded Augmented Reality

L.A. Business Journal

Snapchat gets up to $1 million a day for branded augmented reality; K1 invests $200 million in SecureAuth; and Disney adds tech execs to board.

Snapchat 130
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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

There’s no denying that BB-8 was the star of the most recent installment in the Star Wars universe, Rogue One. What you might not realize is that the adorable droid was the brain child of Sphero, a robotics and digital technology company and an alumni to the Disney Accelerator program. The BB-8 app-enabled Droid had such a global adoption among kids and adults that it was named the number one Star Wars toy of 2015.

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997. In that time they’ve seen the city’s technology scene evolve in fits and starts, but now, with companies like Snap, Dollar… Read More.

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AEG Invests in E-sports Team Immortals

L.A. Business Journal

E-sports is finding a home in downtown. Anschutz Entertainment Group announced an investment in e-sports franchise Immortals that makes it a team owner and home-venue operator for the team.

Invest 149
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Beachbody Snags CIO From Red Bull

socalTECH

Santa Monica-based health and fitness company Beachbody says it has named Bryan Muehlberger as the company's new Chief Information Officer. Muehlberger joins the company from Red Bull North America, where he was Chief Information Officer and Vice President of Information Technology. According to Beachbody, Muehlberger will lead its Enterprise Technology team, reporting to President and COO Robert Gifford.

Beachbody 136
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German Grocer Aldi Partners with Instacart to Offer Delivery in L.A.

L.A. Business Journal

The stakes of the grocery delivery wars have just been raised. German discount grocer Aldi Inc. announced Monday that it plans to debut a grocery delivery service through Instacart in Los Angeles, Dallas and Atlanta later this month. Aldi, which mainly sells products with its own label, has almost 1,700 stores in 35 states, according to a press release.

Press 120