Raken Gets $2M For Construction Reporting Software

socalTECH

San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. raken venture capital construction reporting softwareThe 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.

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Silicon Beach Report Jan. 8: Hulu Reports 25 Million Subscribers

L.A. Business Journal

Fox Sports Digital announces Women’s World Cup content; Fandango inks deal with IMAX; Hulu grows subscriber base

Report: Bird Looking For $300M More

socalTECH

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. Bird raised $300M in an earlier tranche of the same round in June of 2018, which included Sequoia Capital, Accel, B Capital, CRV, Sound Ventures, Greycroft and e.ventures. READ MORE>>.

Qualcomm Offers Up $15,000 Bounty For Vulnerability Reports

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San Diego-based Qualcomm , through its subsidiary, Qualcomm Technologies, said it is offering up a $15,000 bounty for vulnerabilities that "white hat" hackers are able to discover and report to the company involving the Qualcomm Snapdragon processor family. qualcomm vulnerability report processor silicon semiconductor snapdragon reporting white hacker hacking

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ReachLocal Expands Reporting Tools

socalTECH

Woodland Hills-based online marketing services and software developer ReachLocal , which offers up its services to local businesses, said today that it has added a number of analytics and reporting tools to its platform. According to ReachLocal, it has added new third-party campaign result measurement, and multi-location alert and reporting capabilties to its ReachEdge digital marketing product. reachlocal reporting software saas marketing local business

Nike debuts its most ambitious SNKRS stash drop for the Championship Tour featuring Kendrick Lamar and SZA

TechCrunch LA

” TC Adidas Air Force Apple Fashion footwear Los Angeles national basketball association NBA Nike NikePlus reporter Shoes sneakers spokesperson Stash Technology Partners

Music Reports Inks Major Deal With Pandora

SoCal Tech Calendar

Woodland Hills-based Music Reports , which provides music rights administration services to the music industry, has inked a big deal with streaming music service Pandora. According to Pandora, it has tapped Music Reports to manage the mechanical licensing and royalty administration for its upcoming interactive streaming service. musicreports pandora music rights administration service reporting

Tech Coast Angels Number Two In Angel Investments Report

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The Tech Coast Angels , Southern California''s largest angel investment group, is ranked number two in the nation this year in terms of the number of deals the group did, according to the latest 2012 Halo Report. cbinsights ranking report capital venture investment angel angels coast tech

Honest Co. Responds To Investigative Report

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the natural baby products retailer founded by Jessica Alba, is facing a major crisis after an investigative report published by the Wall Street Journal on Thursday, which claimed the Honest Co.'s honest investigative report sodium laurel sulfate green products ecommerce jessica alba

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Report: Snap Struggling, Due To Evan Spiegel

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In a scathing report--published over the holiday weekend--the WSJ says that Venice-based Snap , the parent company of Snapchat. is "struggling after the CEO ignored warnings about a redesign that proved unpopular" saying that Spiegel's "imperious style" has caused users to flee from the service. READ MORE>>. snap snapchat evan spiegel

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Dreamhost Among Popular Web Hosting Services Named In Vulnerability Report

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Los Angeles-based cloud hosting service DreamHost is one of the popular web hosting companies, caught up in the latest report of a widespread cybersecurity hole, which researcher say allowed hackers to easily access and take over accounts. The security issues--which were reported and fixed by DreamHost and others before the vulnerability was published--revolve around a hacking technique called "cross-site scripting".

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Music Reports In Expansion

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Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. Music Reports is backed by ABRY Partners. music reports musicreports software reporting online expansion jobs

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Tinder Fires Employees Over Lawsuit, Says Report

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Los Angeles-based dating/hookup app developer Tinder has reportedly fired a number of employees who had joined in a lawsuit against the company , as well as parent company Match Group, over what that group had said was "deliberate lowering" of the valuation of Tinder in order to deprive them of stock options gains. The report, from The Verge, said that the fired employees include vice president of marketing and communications Rosette Pambakian, as well as other employees in the lawsuit.

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Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

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A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the Pasadena Angels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation in terms of the number of deals in 2016. The rankings were released in the Angel Resource Insitute's 2016 ARI HALO Report. halo report angel investment tech coast angels pasadena deals venture capital

Report: Ring's Gave Unfettered Access To Cameras To Employees

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However, according to a new report , that network of cameras in your home has a possible down side: a loss of privacy, and what the report calls "dismal privacy practices" and "lax, sloppy oversight" on who can access your video streams.

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SpaceX Chops 10 Percent Of Employees, Says Report

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Hawthorne-based SpaceX --despite a continuing string of successful launches--is cutting 10 percent of its 6,000 employees, according to a report published on Friday. The report--from the LA Times--confirmed the layoff with the company, which said that Space "must become a leaner company" to continue to deliver for its customers.

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LumaTax Raises $2M For Small Business Tax Reporting Software

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taxient avalara diego filing capital venture reporting business small lumataxLumaTax , a new startup has offices in both San Diego and Seattle, Washington, has raised $2M in a funding, the company said on Thursday. The funding came from Madrona Venture Group, Greycroft Partners, and angels. LumaTax develops software which can be used by small businesses to automate the paperwork required for paying sales taxes. The company is initially launching its product in California.

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Broadcom, Qualcomm Among Happiest Tech Companies, Says Report

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A new report, created by Irvine-based online career community CareerBliss , says that two of Southern California's biggest tech employers-- Broadcom and Qualcomm , are among the top happiest tech companies in the USA. career broadcom qualcomm ranking report employment jobs

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Report: Los Angeles, San Diego Among Top Startup Markets

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Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. kauffman angeles diego startup activity report venture capital economy investmentThe foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. Miami was ranked number on in the nation.

2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012. Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses. In 2012, the US economy experienced modest growth with real GDP growing 2.7% [.].

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Report: Snap Acquires Metamarkets

socalTECH

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco. Neither Snap nor Metamarkets have yet announced any acquisition. READ MORE>>. snap snapchat metamarkets merger acquisition programmatic advertising

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Report: Qualcomm Cuts 125 In San Diego

socalTECH

San Diego-based Qualcomm has laid of 125 employees in San Diego, part of a contingent of 269 employees laid off across the company in its data center processor business, according to a report this morning. According to the report, the layoffs come as Qualcomm has been winding down its data center unit, which now apparently only has around 50 employees--down from nearly 1,000 earlier this year.

2012 Software, Internet & IT Infrastructure M&A Report

Technology Council

M&A report ValuationsBy Peachtree Capital Advisors Economic Backdrop – It was not the best of times, it was not the worst of times…2012. Not since the great depression has a sluggish economy and a stubborn unemployment number represented pretty good economic conditions for companies to chart their strategic courses. In 2012, the US economy experienced modest growth with real GDP growing 2.7% […].

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MySetLife Adds Content From Hollywood Reporter, FilmContact.com

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The company said it will provide free access to breaking news feeds from The Hollywood Reporter, contact information from FilmContact.com, and access to the crowdsourced funding resources at Invested.in. mysetlife hollywood reporter producer content filmmaker investedin

Chrome River, Traxo Tie On Expense Reports

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The two said Chrome River is using Traxo's software to speed up the creation of detailed, expense reports from hotel bills, by automatically parsing out separate expenses on hotel bills for such things are parking, meals, room service, rooms, and taxes. chrome river traxo expense report invoice automation software partnership hotel folio billing

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Resonant Reports Contract Win

socalTECH

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. Financial terms of the deal were not announced by the company. READ MORE>>. resonant europe eurostars medical lifescience trade

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Ixia Delays Third Quarter Report

socalTECH

In yet more bad news over at Calabasas-based Ixia , the company said late Monday that it is further delaying filing of its 10-Q financial report, for its third quarter of 2013. The company had already delayed the report until yesterday but failed to meet the deadline. Ixia said that as a result of that resignation, the company has tapped independent counsel to ensure the accuracy of its financial information and reporting.

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Report: LA Should Emulate San Francisco, NYC For Startup, Tech Efforts

socalTECH

A new report, released over the weekend, says that Los Angeles should look towards New York and San Francisco and what they have done to help strengthen the community here for technology startups. Tech Agenda report, edited by David C.

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New Report Details Technology Job Concentration In Region

socalTECH

A new report issued today, detailing technology jobs employment concentration in the United States, shines some light on where the highest concentrations of tech jobs are in the region. technology jobs employment report nationwide angeles diego santa barbara irvine

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Report: Faraday Future Loses Key EV Designer

socalTECH

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report. According to a report from the Verge, Peter Savagian, a Senior Vice President at Faraday Future and former Chief Engineering on the General Motors EV1 electric car, has left his job.

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Report: Snapchat Nearing 1 Billion In Ad Revenues

socalTECH

A report, published by eMarketer on Tuesday, says that Venice, California-based Snapchat will earn an estimated $1 billion in ad revenues next year. The report predicted that Snapchat will represent 2 percent of social network ad dollars in the US next year. Snapchat did not release any financials, and the report was not based on any actual data from Snapchat. snapchat advertising social networking report estiate

Report: IPO Activity In Significant Slowdown

socalTECH

A new report, issued Monday, says that IPO activity has slowed significantly in Q1, with a 39 percent drop in volume and 70 percent decline in total capital raised versus Q1 of last year. The report, from Ernst & Young, said that companies are likely exploring other options or waiting for confidence to return for their IPOs. The report found 167 deals raised only $12.1 acquisition merger exit slowdown report story young ernst activity

Fisker Karma Panned In Consumer Reports

socalTECH

Consumer Reports said in a release that the Fisker Karma is "full of flaws", including a dash that is an "ergonomic disaster". fisker karma consumer reports review automotive auto startup luxury cleantech green

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Silicon Beach Report Aug. 8: Blockchain Startup Sagewise Raises $1.25M

L.A. Business Journal

million raised by Sagewise; Blizzard teases new Diablo game; Snap reports earnings

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Report: Venture Dollars Decline In Q4, Says NVCA

socalTECH

billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor , the new report tracking venture capital investment across the U.S., According to the report, for the whole of 2016, more than $69.1 Although total dollars were high, the Pitchbook-NVCA report said there was actually a big decline in the number of deals, with a 22 percent year-over-year decline in terms of deal count--the lowest since 012.

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