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Oracle Founder Larry Ellison's Latest Investment: Malibu Real Estate

socalTECH

The LA Times said this weekend that Ellison has spent an estimated $200M to $250M acquiring at least nine properties in Malibu. oracle larry ellison malibu real estate realestate silicon valley mogul' It''s unclear what Ellison plans to do with property. READ MORE>>.

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D&B Credibility Builds Executive Powerhouse in Malibu

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On a hillside overlooking the Pacific Ocean in Malibu, Internet veteran Jeff Stibel has quietly been assembling a powerhouse team of executives, gathered from his experience building companies like Web.com and United Online. The company has since doubled its worldwide staff to more than 500, and grown its Malibu headquarters by five times.

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Hello Genius App Courts Parents and Kids

L.A. Business Journal

At a time when both parents and children are spending more time using mobile devices, Malibu-based startup G3NIU7 Inc. is betting its newly released app.

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New App Promises to Unlock Hidden Public Beaches in Malibu

Tech Zulu Event

Malibu beaches are famous for stunning views, dolphins playing, great surf and quiet sunbathing spots nestled among some of the most expensive homes in America. The new Malibu Beaches app being developed via crowdfunding on Kickstarter aims to bring you intel on how to claim your rightful place on the beach of the rich and famous.

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Homebound Gets $35M More For Home Rebuilding

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Homebound , a startup which rebuilds homes after disasters--and which has offices in Malibu--has raised $35M in a Series B funding, the company disclosed this week, bringing its total raised to $53M. The company's founders are Nikki Pechet and Jack Abraham. The company charges a fee based on the cost of a rebuild project. READ MORE>>.

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Amazon's Bezos Spends $165M For Beverly Hills Mansion

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Other tech notables with homes in Beverly Hills include Elon Musk (Tesla, SpaceX) and Markus Persson (Minecraft); over in Malibu, tech mogul Larry Ellison owns a significant amount of property , having apparently invested over $250M in properties in Malibu since 2002. READ MORE>>.

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Errol Ginsberg, Co-Founder Of Ixia, Dead At 65

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Ginsberg's family said he "peacefully passed away" surrounded by loved ones on January 25th at his home in Malibu. Ixia was eventually acquired by Keysight Technologies for $1.6 billion in 2017. Cause of Ginsberg's death was not given.

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