socalTECH

APRIL 30, 2021

Venice, California-based social app developer Snap, the parent company of Snapchat, is still mostly white and male, according to the company's latest diversity report. Snap posted its diversity report on Thursday, the second time it has released its diversity numbers.

Report 113

Report Venice Snapchat Develop 113

socalTECH

SEPTEMBER 12, 2022

A report, published over the weekend, says that Amazon is planning to spend around $15 billion on content programming this year, highlighting the company's continuing influence in Hollywood.

Hollywood 113

Hollywood Report Netflix Content 113

socalTECH

FEBRUARY 9, 2021

Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing.

Report 113

Report Equity Software Invest 113

Tech.Co

JUNE 3, 2022

The rent crisis is getting worse, according to a new report that found a full third of all small and medium-sized businesses are behind on their rent for the month of May. The new data comes from small business networking site Alignable, which released its Q2 Rent Report at the start of the month. What's driving the crisis? newsletter.

Report 149

Report Startup Pricing Summary 149

socalTECH

FEBRUARY 1, 2021

., the online baby and beauty products retailer co-founded by Brian Lee, Jessica Alba, and Christopher Gavigan, and Sean Kane, has reported filed for an IPO, according to a report from Bloomberg. The report cited "people familiar with the matter". The report says Honest Co. Catterton.

Los Angeles 113

Los Angeles Report Angel Acquisition 113

socalTECH

SEPTEMBER 18, 2020

Los Angeles-based mobile game developer Scopely is reported to be seeking to raise $200M in a new funding round, which would value the company at around $3 billion, according to a report. The report, from Bloomberg, said the valuation of the company is up from an earlier $1.9 The report cites "people familiar with the matter".

Los Angeles 113

Los Angeles Report Capital Angel 113

socalTECH

NOVEMBER 17, 2020

billion, according to a report today from CNBC. The report--citing "people familiar with the financing"--says that so far, investors such as Tiger Global, Social Capital, Playground Global, Y Combinator, Bond Capital, Tribe Capital, Jared Leto and Mark Cuban are expected to participate in the funding. READ MORE>>.

Los Angeles 124

Los Angeles Report Capital Angel 124

socalTECH

MARCH 17, 2021

Los Angeles-based videogame developer Activision-Blizzard has reportedly laid off around 190 employees, or 2 percent of its workforce, according to a report from Bloomberg. The cuts also include a large cut, of 50 employees, from Activision's esports division, according to that report.

Activision 113

Activision Los Angeles Report Angel 113

socalTECH

NOVEMBER 16, 2021

In an inauspicious start as a public company, Los Angeles-based electric vehicle developer Faraday Future says it is delaying its filing of its quarterly reports for the quarter ended September 30th, 2021, due to allegations of "inaccurate disclosures".

Los Angeles 113

Los Angeles Report Angel Pricing 113

socalTECH

AUGUST 24, 2020

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. READ MORE>>.

Report 124

Report Equity Networking Technology 124

socalTECH

AUGUST 24, 2020

A report, from Protocol, said the acquisition came after Spaces announced a shutdown of its services last week. Los Angeles-based Spaces , which had been developing in-person locations to experience virtual reality, has reportedly been acquired by Apple.

Los Angeles 113

Los Angeles Report Angel Acquisition 113

socalTECH

AUGUST 31, 2020

Los Angeles-based Steno , a new startup which offers up remote court reporting services, has raised $3.5M Steno says it offers up a full suite of court reporting services, offering up remote depositions and handling things like payments and scheduling. in a seed funding, according to the company.

Los Angeles 113

Los Angeles Seed Funding Report Angel 113

socalTECH

AUGUST 3, 2020

Santa Monica-based online healthcare marketplace operator GoodRx has reportedly filed for an IPO, according to a report. Reuters--citing "people familiar with the matter"--said GoodRx submitted paperwork with the SEC last week on a potential IPO, and is only now in the process of hiring advisers for that IPO effort.

Santa Monica 113

Santa Monica Silver Lake Report Equity 113

socalTECH

AUGUST 12, 2019

Los Angeles-based Ring , the developer of Internet-connected doorbells and security cameras, reportedly told people to report "suspicious activity" in their neighborhood in exchange for free "swag bags", according to Motherboard.

Los Angeles 113

Los Angeles Report Slides Angel 113

socalTECH

APRIL 6, 2021

Los Angeles-based battery developer Romeo Power reports that it has scored a win with PACCAR, a manufacturer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates.

Los Angeles 113

Los Angeles Report Angel Develop 113

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.

Los Angeles 113

Los Angeles Report Angel Commerce 113

L.A. Business Journal

NOVEMBER 22, 2021

the largest engineering and infrastructure services firm in Los Angeles County now that AECOM has departed for Dallas — reported record fiscal 2021 earnings on Nov. Pasadena-based Tetra Tech Inc. —

Los Angeles 130

Los Angeles Pasadena Report Angel 130

socalTECH

DECEMBER 2, 2020

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Terms of the possible deal have not been released. Wondery has reportedly been looking for a buyer since early in November, seeking anywhere from $300M to $400M.

Los Angeles 113

Los Angeles Report Angel Capital 113

socalTECH

OCTOBER 13, 2020

San Diego-based RebateKey , which operates an online website which provides cash back rebates and coupons, reports strong growth for the company as a result of the pandemic.

San Diego 113

San Diego Report Customer Custom 113

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.

Los Angeles 100

Los Angeles Report Angel Content 100

socalTECH

JULY 21, 2020

has reportedly launched an investigation into accusations of racism and sexism in the company, according to a report from the Business Insider. The investigations are allegedly over "whitewashing" within Snap, and disparagement of Block representation in media, according to the report. Venice, California-based Snap Inc.

Venice 113

Venice Report Media Company 113

TechCrunch LA

JANUARY 30, 2020

CNBC reported that these discussions were confirmed by Port of LA officials. CNBC’s report cites LA City Councilman Joe Buscaino as saying that SpaceX might seek to be up and running with at least a temporary production facility in as little as 90 days, though no deal is yet finalized between the parties.

SpaceX 209

SpaceX Los Angeles Report Hawthorne 209

socalTECH

AUGUST 25, 2020

According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments. for Grubhub, 17.1% for Uber Eats and 11.5% for Postmates.

Los Angeles 113

Los Angeles Report Angel Software Development 113

socalTECH

JANUARY 7, 2020

Santa Monica-based private equity investor Clearlake Capital said this morning that one of its portfolio companies, Provation Medical , has acquired MD-Reports , a provider of electronic medical record (EMR), practice management (PM), and report writing software. Financial details of the acquisition were not announced. READ MORE>>.

Santa Monica 100

Santa Monica Capital Report Equity 100

socalTECH

NOVEMBER 9, 2020

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. The podcasting publisher is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.

Los Angeles 113

Los Angeles Report Angel Capital 113

socalTECH

NOVEMBER 16, 2020

Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage".

Santa Monica 124

Santa Monica Los Angeles Report Angel 124

socalTECH

JANUARY 5, 2021

Los Angeles-based Cameo, which allows anyone to pay their favorite celebrities, athletes, actors, and many others to record personalized messages to them, had roughly $100M in transactions in 2020, according to a report, and has reached 200 employees.

Los Angeles 113

Los Angeles Report Angel Company 113

socalTECH

JULY 26, 2019

According to the report from Bloomberg, the new funding values Boring. Los Angeles-based Boring Co. , 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. Co at $920M. The funding is the first outside investment for the company.

Los Angeles 113

Los Angeles Report High Tech Angel 113

socalTECH

FEBRUARY 20, 2019

A new report issued today by Silicon Valley Bank, says that startups are generally optimistic about their business opportunities, and they plan to raise capital and expand their workforces this year, despite "economic and political" uncertainty across the globe. SVB posted its full report online.

Startup 133

Startup Report Entrepreneur Capital 133

socalTECH

MAY 28, 2019

A report today, from Reuters, says that the Chinese owner of Los Angeles-based gay dating app developer Grind , gave access to its Beijing-based engineers to the data of millions of Americans, despite U.S. orders to keep that data private.

Los Angeles 138

Los Angeles Report Angel Develop 138

socalTECH

SEPTEMBER 30, 2020

According to a new report, Santa Monica-based "on-demand" scooter company Bird recently started running a program which allows the contractors who charge its scooters to acquire their own fleet of scooters--but which, as a result of the pandemic--has saddled many with huge amounts of debt.

Santa Monica 113

Santa Monica Report Entrepreneur Demand 113

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 had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik.

Snapchat 113

Snapchat Los Angeles Venice Report 113

socalTECH

NOVEMBER 27, 2019

CrowdStrike , the developer of cloud-based, endpoint protection software which was started and continues to have major operations in Irvine, has scored a top rating in a report from industry analyst Gartner.

Report 147

Report Software Platform Startup 147

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.

Report 164

Report Funding Develop Development 164

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.

Los Angeles 113

Los Angeles Report Angel Acquisition 113

socalTECH

DECEMBER 1, 2017

A report this morning says that the Chief Designer for Los Angeles-based Faraday Future , Richard Kim, has resigned--and many employees are skipping work as the company continues to look for investment. The report, from The Verge, follows earlier, high profile executive departures at the electric car designer in November.

Los Angeles 147

Los Angeles Design Report Angel 147

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.

Santa Monica 113

Santa Monica Report Funding Startup 113