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Tesla , the pioneering electric car maker founded by Elon Musk , was actually conceived over lunch at a fish restaurant in ElSegundo, Musk said in an interview at SXSW this week. According to Musk, the company was created out of a conversation he had with J.B.
A new, Los Angeles area startup launched this morning, hoping to use the power of the crowd to help take ideas to launch. The startup--headed by Dirk Ahlborn--has created a system which lets the crowd provide feedback, ideas, and even crowdfunding to take ideas and research to market. READ MORE>>.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.
Will's post talks about lack of interest in working for startups here in Southern California, saying: we probably’d don’t have the: a) same support infrastructure (meet-ups, networking events, etc.); b) history of success; and c) abundance of start-up companies (so if one fails there is another to jump on).
ElSegundo-based health insurance startup Sidecar Health Inc. announced Jan. 26 that it had raised $125 million in a Series C funding round that valued the company at $1 billion.
Semiconductor and electronics industry publication EETimes has identified three of Southern California's semiconductor startups among its annual list of sixty startups to watch in the industry. The magazine, in its list of startups worth watching , identified Efficient Power Conversion Corp. Efficient Power Conversion Corp.
ElSegundo-based education software startup GoGuardian has launched Admin 2.0, a platform that uses artificial intelligence to enhance students’ behaviors online, according to a statement.
ElSegundo-based JustFab , the fashion subscription site led by Adam Goldenberg and Don Ressler, announced Thursday morning that it has raised a gigantic, $76M in a funding round. The new funding for the site was led by Rho Ventures, and also included Matrix Partners, Technology Crossover Ventures, and Intelligent Beauty.
ElSegundo-based GoGuardian , which develops software for the education market, has expanded into new offices in ElSegundo, at the former Raytheon site. GoGuardian said there's a burgeoning startup scene in ElSegundo, with such companies as Finless Foods, Wonderstorm, and TechStyle Fashion Group.
ElSegundo-based Sometrics , the in-game virtual currency and monetization startup headed by Ian Swanson, has reportedly been acquired by American Express. The value of the deal was $30M, according to the report from TechCrunch.
To change that, a local startup, ElSegundo-based JumpStartFund , says it is using its platform to try to make Musks''s idea come to life. However, Hyperloop is just that--only an idea--and Musk isn''t planning to take it to market, just yet.
ElSegundo-based iRise , which develops enterprise visualization software used by companies for developing their internal applications, said yesterday that it has started offering up its software to students at two local universities.
ElSegundo-based MacMall , the online and catalog retailer of Apple computers and software, is expanding its retail stores, saying that it has opened up a new retail store in Chicago. PC Mall did not say if the new store is a start of a national expansion of its retail efforts, or if it has further retail plans.
Venture capital investments in Southern California for Q3 of 2011 are up from last year, but down from last quarter, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters. The latest MoneyTree report from the three find that $603.2M
ElSegundo-based Just Fabulous , a new startup spun out of Intelligent Beauty, the e-commerce firm headed by Don Ressler and Adam Goldenberg, said this morning that it has raised $33M in a Series A funding round, for its "fashion styling" and fashion site. JustFab is focused on monthly delivery of shoes and handbags.
ElSegundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been startingup firms whose basis is open source software. in a Series B financing round.
In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. We caught up with CEO and co-founder Brett Rossman to learn more about the company and how it''s been able to grow, profitably, all without raising a dime of outside capital.
ElSegundo-based iRise said Tuesday that it has rolled out a new service, which will help companies turn their ideas into software prototypes in less than 48 hours.
It's surprising how often we run into rapidly growing companies that not many people have heard of, here in Southern California, but that's the case with ElSegundo-based. The firm recently showed up as one of the fastest growing companies in LA as part of the Deloitte Fast 500 rankings. How did you come across the market?
According to numerous local CEOs, startup executives, and recruiters, the number of open positions for technical--and other-- talent at local companies has surged in recent months, and there's a wild scramble to find the right employees. At that time, he said he was able to.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch.
ElSegundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch.
ElSegundo-based The List , a startup which operates a matchmaking service for business professionals, is one of four, female-led startups which is part of Beta Boom , a startup accelerator focused on training traditionally overlooked founders, such as women and people of color.
Phil Hui-Bon-Hoa , the CEO of ElSegundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. That ends up being a waste of time, especially in larger enterprises. How did the company start? What is Kaleo?
ElSegundo-based Phase Four, which is developing thrusters for satellite propulsion, says it has launched one of its Maxwell engines into space. According to the startup, the engine was launched onboard a Capella Space SAR satellite which went into space on June 30th on a SpaceX launch.
ElSegundo-based CUJO AI , a startup developing artificial intelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. CUJO AI offers up its AI software to network operators, to help secure customers. READ MORE>>.
ElSegundo-based Phase Four, a space startup which is creating satellite thrusters which use radio-frequencies for propulsion, said it has raised $26M in a Series B funding round. The funding was led by New Science Ventures. The company says its technology has been launched on multiple, commercial small satellites.
ElSegundo-based PushPress , a startup which develops a gym billing and business management platform, has raised $500,000 in a debt round of funding, which the company says it is using to expand its team. According to Uyemura, its entire key staff and front end team are gym owners.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace , a developer of situational awareness technology that brings together imagery and data from satellites, drones, airplanes, and other sensors, has raised $8M in its Series A funding, the company said this morning. The startup is led by co-founder and CEO David Godwin.
ElSegundo-based Morf3D, a metal additive manufacturing company which is a subsidiary of Nikon Corporation, and Los Angeles-based space startup accelerator Starburst Aerospace, are in a manufacturing deal in Long Beach, Morf3D said this week.
ElSegundo, California- and Austin, Texas-based Slingshot Aerospace says it has launched a new, educational space simulation tool, which it says is aimed at workforce preparation, training, and education.
ElSegundo-based Beyond Meat , a venture-backed startup which makes vegetarian, plant-based burger patties and other meat alternatives, filed for an IPO last week, saying in a filing that it is looking to raised $100M in an IPO on the Nasdaq Global Market. The company has applied to list as BYND.
ElSegundo-based Endpoint , a new mobile-first startup focused on title and escrow services, has spun out of title insurance giant First American Financial Corporation , and raised $30M in funding from First American. Endpoint will be led by CEO Scott Martino.
ElSegundo-based Basepaws , a new DNA testing startup, says it is launching a brand new service which will offer direct-to-consumer DNA testing for cats, providing owners with information about the ancestry and health and habits of their pet. The company is formally launching its testing service at CES next week.
ElSegundo-based online postage and shipping software developer Stamps.com says it has named Katie May, the CEO of e-commerce software company ShippingEasy.com , to its board of directors. According to Stamps.com, May has more than 20 years of experience building multiple successful startups.
ElSegundo-based Aggregage , which develops software driven B2B websites and newsletters which aggregate blog and news postings for specific industries, has raised $1M in a convertible note, the company said today. Aggregage''s B2B websites are published in conjunction with trade and professional associations.
ElSegundo-based Beyond Meat , the startup which is developing plant-based meat alternatives, says it has launched a brand new product called Beyond Beef. Beyond Meat's products are known for their "meaty" taste and texture of meat, and are made out of a blend of pea, mung bean, and rice proteins.
ElSegundo-based Lunch.com launched a new online community into beta Thursday, saying that it will connect people based on their tastes and opinions on any topic. The new startup--the brainchild of former VirtualTourist.com founder J.R.
ElSegundo-based medical apparel company Jaanuu , the venture-backed startup led by Shaan Sethi, said it has received a new, strategic investment round today.
ElSegundo-based space startup Impulse Space says it is planning its first mission, a demonstration of its "orbital service vehicle", which it has named "Mira".
ElSegundo-based Beyond Meat , a startup which is developing plant-based, protein alternatives to meat, said Thursday that it has named Don Thompson, the former CEO of McDonald's, to its board.
ElSegundo-based Toast Labs , a new startup led by The Honest Co. veteran Ashley King, said today that it has raised a seed round of funding, and launched its first app, Dysh.
Splash Talks and Splash Chats are 20 minutes of pure, raw wisdom about fundraising, building, and scaling a startup, presented by visionary Founders and CEOs who have successfully raised $10M+ in funding. This first SplashX LA is focused on "Joy Ventures" trendsetting companies with products and services that delight us.
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