socalTECH

JANUARY 31, 2019

Los Angeles-based on-demand moving and storage company Clutter is reported to be raising somewhere between $200M to $250M in a new funding round, according to a report today, saying that the yet-to-be-completed round is being led by Softbank.

Report 113

Report Funding Demand Google 113

socalTECH

JUNE 12, 2018

Los Angeles-based on-demand scooter rental service Bird is report raising yet more funding, at a $2 billion valuation, according to a report on Tuesday. Bird is in a massive battle with a large list of players launch or looking to enter the on-demand, "last mile" scooter rental service, including Lime, Uber, and Lyft.

Report 100

Report Funding Demand Los Angeles 100

socalTECH

AUGUST 31, 2020

Los Angeles-based Steno , a new startup which offers up remote court reporting services, has raised $3.5M in a seed funding, according to the company. The funding round was led by First Round Capital. The company's co-founders are Dylan Ruga and Gregory Hong; the company says it has now raised $5M in total funding.

Report 113

Report Seed Funding Los Angeles Services 113

socalTECH

NOVEMBER 17, 2020

Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The new round is reportedly being led by Tiger Global Management. READ MORE>>.

Report 124

Report Los Angeles Tool Capital 124

L.A. Business Journal

FEBRUARY 2, 2018

Science closes $75 million fund; Elon Musk’s Boring Co. sells all its flamethrowers; and Snapchat is selling hats and sweatshirts inside its app.

Snapchat 247

Snapchat Funding Report 247

socalTECH

FEBRUARY 23, 2021

Hawthorne-based SpaceX confirmed a $850M fundraising in a regulatory filing on Tuesday, in an equity funding round which included 69 investors. The fundraising had been rumored to have been in process for the last month or so. The filing said the effort started on February 16th. The round reportedly values the company at $74 billion.

SpaceX 113

SpaceX Funding Hawthorne Equity 113

socalTECH

JULY 30, 2014

Venice-based Snapchat is reportedly in talks with Alibaba for more funding, in a deal which values Snapchat at $10 billion. The report, from Bloomberg, did not say how much Snapchat is looking to raise from Alibaba. Bloomberg cited "people with knowledge of the situation." Neither companies have commented on the rumors. READ MORE>>.

Snapchat 149

Snapchat Report Funding Venice 149

socalTECH

JUNE 1, 2021

Size of the funding was not announced. The startup says applications built on its API include peer-to-peer streaming video, podcasts, live events, news reporting, distributed storage, and VOIP-based communications. The startup is led by CEO Chase Perkins.

Funding 113

Funding News Research Los Angeles 113

socalTECH

JANUARY 12, 2017

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. Crosscut has not yet filed regulatory details on the new fund.

Buzzfeed 100

Buzzfeed Invest Report Funding 100

socalTECH

NOVEMBER 23, 2020

Los Angeles-based 3D printed rocket developer Relativity Space has closed $500M in Series D funding, the company disclosed Monday morning, saying it will use the new funding to accelerate commercialization, production scaling, and its long term development. READ MORE>>.

Funding 124

Funding Research Los Angeles Report 124

socalTECH

SEPTEMBER 10, 2013

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. financial investment celebrity capital venture hollywood fund dominate' READ MORE>>.

Hollywood 147

Hollywood Report Funding Invest 147

TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. The new $25 million in Series A investment, led by Alimentation Couche-Tard via its Circle K Venture Fund, will enable Food Rocket to deliver in 26 countries and territories, including more than 7,000 U.S.

Funding 246

Funding Demand Los Angeles Competition 246

socalTECH

AUGUST 27, 2014

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

Snapchat 168

Snapchat Report Social Network Funding 168

socalTECH

FEBRUARY 5, 2018

Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot. READ MORE>>.

Orange County 157

Orange County Capital Funding Seed Funding 157

socalTECH

FEBRUARY 11, 2020

Los Angeles-based online "dollar-store" style e-commerce provider Hollar is reportedly in the midst of winding down, according to a report on Tuesday. The company had raised over $75M in total funding. The company's current CEO is Steve Oliver. READ MORE>>.

Report 113

Report Commerce Los Angeles Angel 113

socalTECH

FEBRUARY 21, 2013

In this special report, we've mined our extensive database of venture capital. and angel investment deals in Southern California to reveal who really, is funding companies, so that local startups are armed with the best knowledge and intelligence to optimize their changes of. being funded. Image courtesy Bigstock. Science Inc.

Dollar Shave Club 170

Dollar Shave Club Report Southern California Funding 170

socalTECH

MARCH 2, 2012

Los Angeles-based online content producer Machinima , which produces videogame related content for YouTube, is reportedly seeking $50M in funding, at a $200M to $250M valuation, according to reports today. Report of the fundraising was leaked by PandoDaily, in a scathing post criticizing the quality of Machinima's content.

Report 162

Report Funding News Content 162

socalTECH

JULY 26, 2019

the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. The funding is the first outside investment for the company. Co at $920M.

Report 113

Report High Tech Los Angeles Invest 113

socalTECH

AUGUST 19, 2014

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and the investors involved, have not been disclosed. The report came from TechCrunch.

SpaceX 164

SpaceX Report Funding Hawthorne 164

socalTECH

APRIL 12, 2019

Hawthorne-based SpaceX is looking to raise another $510M in funding--the second time the firm has gone out for funding this year-- according to a regulatory filing from the firm. The funding will bring SpaceX's total raised to more than $2.75 billion, and reportedly values the rocket firm at over $30 billion.

SpaceX 149

SpaceX Funding Hawthorne Report 149

socalTECH

JULY 11, 2019

Despite public pronouncements about big expansion plans today , Santa Monica-based on-demand scooter startup Bird is reportedly burning through cash, and is now seeking $300M more in funding, according to a report published on Thursday.

Report 113

Report Santa Monica Demand Funding 113

socalTECH

MARCH 6, 2017

San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The funding was led by Rincon Venture Partners , and also included Eniac Ventures and Spider Capital. Raken is led and was co-founded by CEO Kyle Slager and CTO/CPO Dr. Sergey Sundukovskiy.

Report 171

Report Software San Diego Capital 171

socalTECH

MAY 30, 2018

Santa Monica-based electric scooter service Bird is looking to raise $150M more in new funding, according to a report , which values the company at more than $1 billion. The report, from Bloomberg, cites "people familiar with the matter", saying that the round is expected to be led by Sequoia Capital.

Report 100

Report Santa Monica Funding Competition 100

socalTECH

OCTOBER 21, 2020

Los Angeles-based Quibi is shutting down and has hired a restructuring firm to help it wind down the company, with co-founder Jeffrey Katzenberg confirming to investors on Wednesday that the company will shut down, according to a report from the WSJ. Quibi has raised more than $1.75

Report 100

Report Content Los Angeles Mobile 100

socalTECH

JANUARY 9, 2019

Santa Monica-based on-demand scooter rental startup Bird is in the midst of raising $300M more in a funding round, according to a report on Wednesday. The report said the funding, led by Fidelity, is an extension to Bird's latest funding, and will be at a $2 bilion pre-money valuation.

Report 113

Report Santa Monica Demand Capital 113

L.A. Business Journal

FEBRUARY 14, 2017

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.

Seed Funding 235

Seed Funding Venice Funding Los Angeles 235

socalTECH

JUNE 24, 2013

Is Los Angeles-based YouTube network Machinima looking for a big round of funding? A report from AllThingsD says so , saying that Machinima is looking for an investment of more than $70M. Machinima last raised funding in May of last year, raising $35M from such backers as Google, Redpoint Ventures, and MK Capital. READ MORE>>.

Report 147

Report Funding Redpoint Venture Capital 147

socalTECH

FEBRUARY 7, 2018

Santa Monica-based online employment marketplace ZipRecruiter has reportedly raised $50M in a Series B funding round, which values the company just shy of $1 billion, according to reports this morning. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP.

Report 145

Report Santa Monica Invest Funding 145

socalTECH

NOVEMBER 7, 2018

Hawthorne, California-based SpaceX , the commercial space exploration firm run by Elon Musk, is looking to raised $750M in a leveraged loan offering, according to a report on Tuesday. The debt funding effort is apparently the company's first time it has attempted to tap into the institutional debt market. READ MORE>>.

SpaceX 140

SpaceX Funding Hawthorne Report 140

L.A. Business Journal

APRIL 20, 2017

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.

Seed Funding 204

Seed Funding Netflix Funding Report 204

socalTECH

APRIL 15, 2020

Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat , according to a report from Variety. Quibi raised a huge, $350M funding round back in January for the streaming service. Variety did not say why Quibi decided to drop its plans for the series. READ MORE>>.

Snapchat 113

Snapchat Report Venice Los Angeles 113

socalTECH

NOVEMBER 9, 2016

Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.

Outsource Development 164

Outsource Development Report Funding Technology 164

socalTECH

FEBRUARY 1, 2021

Hawthorne, California-based SpaceX is seeking yet another massive round of investment, according to a report, which would value the company at between $60 billion to $92 billion. The report--from Business Insider--cited "three people who are familiar with the deal." The size of the round was unknown. SpaceX has raised more than $5.4

SpaceX 113

SpaceX Hawthorne Funding Report 113

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report.

Report 113

Report Acquisition Los Angeles Sales 113

L.A. Business Journal

MARCH 30, 2018

Female-focused venture fund raises $10.4 million; Los Angeles tech workers data released; SpaceX gets approval to build satellite-powered broadband network.

Funding 187

Funding SpaceX Los Angeles Report 187

socalTECH

SEPTEMBER 16, 2016

A new report, published this morning by Fortune, says that a "new" venture capital fund--announced last week in officially looking press releases-- appears to be linked to a convicted inmate, currently imprisoned in Lompoc.

Venture Capital 100

Venture Capital Capital Report Funding 100

socalTECH

JUNE 26, 2017

Santa Barbara-based RentTrack , a startup developing online rent payment and reporting software, said on Monday that it has raised a Series A funding round. Size of the funding was not disclosed. RentTrack said the funding was led by Yabeo. The company said the funding will go towards growth in Canada and the UK.

Santa Barbara 113

Santa Barbara Funding Report Software 113