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Cargomatic Collects $35M

socalTECH

Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.

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With a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LA

TechCrunch LA

With an angle on a long-neglected part of the shipping industry — the short-haul movement of cargo from docks to logistics centers — Dray Alliance is joining a growing startup scene for logistics businesses based in Los Angeles. Trucking logistics company NEXT Trucking takes in a $21 million haul. The company has raised $3.5

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The Snap IPO Happened. What Next LA?

Both Sides of the Table

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. He wanted to bring the same level of technology focus and energy that Mayor Bloomberg had brought to New York City. But this post is about the broader context of LA.

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Digital Performance Raises $3.2M, Hires CEO

socalTECH

Long Beach-based Digital Performance, which develops technology for online sales efforts in the after market automotive parts sector, is announcing Monday that it has raised $3.2M in a Series A funding round.

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Fuel50: Helping Employees Figure Out Their Career Path, With Anne Fulton

socalTECH

Anne Fulton: Fuel50 is a career pathing startup, part of the HR technology landscape. We're a disruptor, the third wave in human resources technology. Anne Fulton: I've always been a technology lover, although I'm an organizational psychologist by training. It wasn't long after that I ended up in the U.S., What is Fuel50?

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How Chinese Startup Tradesparq Is Looking To Grow In SoCal

socalTECH

And, because there are many companies in Long Beach and sourcing operations here, it really made sense to open up operations in Southern California. We''ll mostly be doing enterprise sales here, but also looking at the technology and design front, hiring better talent, taking design to a new level than maybe what we are in China.