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The Bouqs Shows Off New Digs In Marina Del Rey

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Marina Del Rey-based online flower delivery provider The Bouqs Company has expanded into fancy new digs in Marina Del Rey, saying that it has now reached a total of 60 employees. According to the company, co-founded by John Tabis and Juan Pablo Montufar, the new headquarters includes a lounge with a wine fridge and Kegerator, a kitchen, outdoor patio, and a "flower studio and creative workshop".

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Upload Plans VR/AR Coworking Space In Marina Del Rey

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The company said its new site, based in Marina Del Rey, will open on April 13th. upload coworking space marina angeles augmented virtual reality contentUpload Inc. , a Bay Area company focused on virtual and augmented reality training and coworking, said on Thursday that it plans on opening up a new Los Angeles area education and coworking space, specifically focused on the VR and AR community.

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PlantWave Uses Plants to Make Music

L.A. Business Journal

PlantWave, a device created by Marina del Rey-based Data Garden Co. that turns a plant’s biorhythms into music, is starting to blossom

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Whatnot Raises $50 Million

L.A. Business Journal

Marina Del Rey-based Whatnot Inc. raised $50 million in Series B funding to grow its staff and expand its marketplace of collectible fan memorabilia

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Whatnot Reaches $1.5 Billion Valuation

L.A. Business Journal

Marina del Rey-based Whatnot Inc., a livestream marketplace for collectible items, now has a valuation of $1.5 billion

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LeaseLock Raises $52 Million in Bid to Eliminate Security Deposits

L.A. Business Journal

has ambitious plans to make security deposits irrelevant, and the Marina del Rey-based business now has significantly more funding to make that happen Insurance technology startup LeaseLock Inc.

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Former Trump Advisor Gary Cohn Joins Marina del Rey Blockchain Firm

L.A. Business Journal

National Economic Council Director Gary Cohn has joined Marina del Rey-based blockchain startup Spring Labs’ board of advisors Former U.S.

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Advertising Tech Firm Lucidity Raises $5 Million

L.A. Business Journal

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support

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Moonshots Capital Leads $2.1 Million Backtracks Seed Round

L.A. Business Journal

million seed round led by Marina del Rey-based venture capital firm Moonshots Capital Podcast analytics software developer Backtracks Inc. announced May 30 it raised a $2.1

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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium TeleSign Corp.

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VR Happy Hour

SoCal Tech Calendar

July 13th @ Upload LA in Marina Del Rey. Thursday, July 13, 2017 -- VR Happy Hour. Refreshments, VR demos, and exhibits included. See [link] (more

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Armata Pharmaceuticals Gets $26.9M In Private Placement

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Marina Del Rey-based Armata Pharmaceuticals, a publicly held biotech company focused on bacteriophage therapeutics for antibiotic-resistant and difficult-to-treat bacterial infections, said on Thursday that it has raised $26.9M in the second tranche a private placement. The company said the funding came from Innoviva Strategic Opportunities LLC, a wholly-owned subsidiary of Innoviva.

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Lucidity Announces $5 Million Funding Round

L.A. Business Journal

Marina del Rey advertising blockchain firm Lucidity (an affiliate of KR8OS Inc.) announced Aug. 15 it completed a funding round of $5 million in total, comprised of investments from six venture capital firms

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Armata Pharmaceuticals Gets $7.0M Investment

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Marina Del Rey-based Armata Pharamceuticals, a biotechnology company developing therapeutics for antibiotic-resistant and difficult-to-treat bacterial infections, said it has received $3.0M in an equity investment from the Cystic Fibrosis Foundation (CF Foundation). According to Armata Pharmaceuticals, it was also receive $4.0 million from Innoviva Strategic Opportunities LLC, a wholly-owned subsidiary of Innoviva.

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Quadrata Finds $7.5M For Blockchain Efforts

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Marina Del Rey-based Quadrata, which says it is building a "passport network" to provide identity, reputation and compliance to blockchain applications, says it has raised $7.5M in a seed funding round.

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Pluto Picks Up $4M For Systematic Investing

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Marina Del Rey-based Pluto, a startup which helps stock market traders automate the buying and selling of stocks, has raised $4M in a seed funding round. The funding was led by at.inc/ Nadav Eylath, and also included Switch Ventures and Caffeinated Capital. According to the company, it has developed an app which lets retail investors buit their own systematic investing applications, without need for technical or programming skills.

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

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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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Domain Registry Company XYZ Gets Permission to Sell Domains in China

L.A. Business Journal

for Assigned Names and Numbers, a Marina del Rey nonprofit that administers and manages domain names, to sell the dot-xyz domain Domain registry company XYZ Inc. has been granted permission by the Chinese government to sell its dot-xyz domain suffix in China, potentially opening up a huge market to the Santa Monica startup. XYZ has sold more than 6 million dot-xyz domains globally.

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The Bouqs Company Names New CEO

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Marina Del Rey-based online, floral delivery retailer The Bouqs Company announced today that it has named a new CEO, Alejandro Bethlen. The company said that founder and former CEO John Tabis will become Chairman of the Board.

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The Riveter Shuts Down LA, Other Locations

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The Riveter's offices in LA were in Marina Del Rey; the company also had locations in Austin, Dallas, Denver, Minneapolis, Portland, and three locations in Seattle. The Riveter , which had specifically focused on providing a coworking environment for women, has shut down all of its physical spaces, including its location in the Los Angeles area.

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Flowspace Names Chief Revenue Officer

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Marina Del Rey-based Flowspace , which is backed by Canvas Ventures, Moment Ventures, 1984 Ventures, and Y Combinator, said last week that it has named a new Chief Revenue Officer. According to the company, Jerry Kingkade will accelerate the company's expansion and build out capabilities in sales and account management. Kingade was most recently Chief Commercial Officer at Kinnek, and previously spent five years at Houzz.

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Guidance Names New Marketing VP

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Marina Del Rey-based Guidance , which helps brands and retailers build online websites and apps, said Monday that it has named Jeff Hererra as its new Vice President of Marketing and Channel Development. Hererra was previously Head of Partner Marketing at Magento. He also has served at Visa. Guidance says it has helped such brands as Foot Locker, Johnny Was, Relax the Back, TOMS Shoes to create their websites and apps. READ MORE>>. guidance marketing site retailer executive

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Shareability Names MomentFeed's Reed As Exec

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Marina Del Rey-based Shareability , a startup which focuses on creating viral content, said this week that Rob Reed, the founder and former CEO of MomentFeed, has joined the company as Partner and Chief Revenue Officer. The company said Reed will oversee Sales and Marketing for the company. Shareability said Reed joined the company because "online video is the next big wave of marketing disruption and innovation". READ MORE>>.

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The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle

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Female co-working space operator The Riveter --which operates coworking space both in West Los Angeles and Marina Del Rey--said this week that it has raise $15M in a Series A funding round. The funding came from Alpha Edison, and Madrona Venture Group, plus such angels as Annie-Marie Slaughter (New America), Liz Lange (fashion designer), and Blake Mycoskie (TOMS Shoes).

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Carbonics Raises $5.5M For RF Materials

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Marina Del Rey-based Carbonics , a developer of carbon nanomaterials aimed at improving the power consumption and performance of wireless semiconductors, has raised $5.5M in a funding round. The funding came from TAQNIA international. Carbonics says its technology is based on research conducted at UCLA and USC. Carbonics says it is working on incorporating its carbon nanomaterials into semiconductor radio frequency (RF) components. The company is led by Kos Galatsis.

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LeaseLock Lands $52M In Series B

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Marina Del Rey-based LeaseLock, which is developing artificial intelligence technology and lease insurance products to eliminate the need for security deposits, has raised $52M in its Series B funding round, the company announced this morning.

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The Bouqs Company Names New Board Member

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Marina del Rey-based The Bouqs Company , the direct, farm-to-consumer, online floral delivery service founded by John Tabis, said this week that it has named Rosemary Turner to the company's board of directors. The company said Turner is a veteran logistics leader, having served as president of UPS for 22 years.

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Recurring Revenue Conference

SoCal Tech Calendar

Wednesday, May 1, 2019 -- Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey. Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS and Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more.

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Recurring Revenue Conference

SoCal Tech Calendar

Tuesday, April 30, 2019 -- Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey. Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS and Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more.

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CREXi Collects $11M For Commercial Real Estate Technology

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Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. The funding was led by Jackson Square Ventures, and also included Manifest Investment Partners, Lerer Hippeau Ventures, Freestyle Capital, and TenOneTen Ventures. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.

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TrendShift Buys Health Data Intelligence

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Marina Del Rey-based TrendShift , a developer of population health management software for the healthcare industry, has acquired the assets of Health Data Intelligence. Health Data Intelligence was a developer of software-as-a-service, offering up healthcare analytics and population health management to employers, benefit advisors, medical managers and payers. Financial terms of the acquisition were not disclosed. Health Data Intelligence (HDI) was based in Columbus, Ohio.

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XPRIZE To Award $1M Bonus Prize For Ocean Discovery Contest

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Marina Del Rey-based XPRIZE , the group which runs challenges to help advance the development of technology, will award a $1M bonus prize this month in Monaco for the Shell Ocean Discovery XPRIZE , according to the nonprofit.

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XPRIZE Foundation Eyes Wildfire Detection, Suppression

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Marina Del Rey-based XPRIZE Foundation , the group which runs competitions to spur innovation in technology to help solve major societal problems or very hard technical problems, says it is going to launch a new prize to spur ideas for wildfire detection and suppression.

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Carbonics Launches First Product

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Marina Del Rey-based Carbonics said on Wednesday that it has launched its first product, a carbon-on-silicon wafer aimed at helping advanced radio frequency (RF) semiconductor development.

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Cooking.com Sold To Target Corp.

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Marina Del Rey-based Cooking.com , the online retailer of cookware, kitchen products, and more, has been acquired by Target , Target announced Thursday. Financial terms of the buy were not disclosed. Cooking.com has been looking for a buyer since October of last year. In addition to its own website, Cooking.com operated online stores for the Food Network, Rachael Ray, Paula Deen, Pillsbury, and others. READ MORE>>. cooking target merger acquisition ecommerce retail food

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OnBoat Launches Boat Charter Marketplace In LA

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The site lists private charters ranging from a two hour tour from Marina Del Rey for $289.99 Los Angeles-based OnBoat said on Thursday that it has launched its online marketplace to connect people with a fleet of private boats and captains in Los Angeles. The service, led by Marc Andelman, already offers its services in San Francisco, San Diego, Miami, and other locations, including a number of international destinations.

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Muppets Take Over YouTube Space LA

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According to Disney-owned The Muppets Studio and LA's YouTube Space, they are releasing a number of collaborative videos out of YouTube's Marina Del Rey studio, with such YouTube celebrities as Jake Roper, Mike Tompkins, Matthew Santoro, Lindsey Stirling, and many others.

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Esri To Power Maps For Ocean XPRIZE

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Redlands-based Esri , the developer of mapping and GIS tools, has linked up with Marina Del Rey-based prize competition operator the XPRIZE Foundation , to use its tools as part of the Shell Ocean Discovery XPRIZE. The two said that Esri has donated its ArcGIS software for use in mapping efforts in the prize, which is aimed at creating autonomous, deep-sea mapping technology.

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Evercar Plans LA Expansion For EV Rentals For Uber, Lyft Drivers

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According to Evercar, it currently has 43 vehicles in the Los Angeles area, including Downtown, West Hollywood, Santa Monica, Inglewood, and Marina del Rey. Los Angeles-based Evercar , a company which is developing an electric vehicle sharing network--starting with Los Angeles--says it plans a major expansion in this market, and plans to add as many as 1,000 vehicles in the Greater Los Angeles area.

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textPlus Names Machinima's Nanea Reeves As President

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Marina del Rey-based mobile app developer textPlus , which develops apps that provides free texting and phone service, said late Tuesday morning that it has named Nanea Reeves as President of the company. Reeves is a veteran of JAMDAT, and joins JAMDAT co-founders Scott Lahman, Austin Murray and Zachary Norman at textPlus. Reeves was most recently a key executive at Machinima, and was also Chief Product & Strategy Officer over at Gaikai before it was acquired by Sony.

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XPRIZE Awards $15M In Global Learning Competition

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Marina Del Rey-based XPRIZE , the organization led by Dr. Peter H. Diamandis which seeks to spur innovative solutions to the world's problems, has awarded $15M in the Global Learning XPRIZE , the prize which challenged innovators to create a way to enable children to teach themselves basic reading, writing and arithmetic within 15 months.

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Belkin Opens First Bricks-and-Mortar Store, At LAX

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Marina Del Rey-based consumer electronics accessory maker Belkin says it has opened up its first ever, bricks-and-mortar store, located a LAX Airport in Terminal 6. Belkin said the new store--being run in conjunction with airport concessionaire Huddson Group--will offer up its tablet and smartphone accessories, including chargers, cables, screen protectors, and more.

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Thrive Market Picks Up $111M In New Funding

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Marina Del Rey-based, online healthy foods grover Thrive Market has raised $111M in a new, venture funding round, the company disclosed this morning. The new funding was led by Invus Group, and also included Greycroft Partners, E-Ventures and Crosscut Ventures. Thrive Market, which is led by Nick Green and Gunnar Lovelace, recently passed up $100M in revenues, and has been seeing a huge expansion in its customer base.