Raken Gets $2M For Construction Reporting Software

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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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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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Report: Snap Acquires Metamarkets

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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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Netflix Eyes LA Billboard Company, Says Report

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Netflix --which has major operations in Los Angeles--is looking to acquired Los Angeles-based Regency Outdoor Advertising , according to a report on Friday. The report, from Reuters, says that Netflix has offered around $300M for Regency Outdoor. The report cited "people familiar with the matter." READ MORE>>. netflix angeles regency outdoor advertising merger acquisition streaming hollywood

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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ReachLocal Expands Reporting Tools

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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

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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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

SpaceX Valuation Now $25 Billion, Says Report

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The valuation would make SpaceX the third most valuable startup in the United States, behind Uber and Airbnb, according to the report. Hawthorne-based SpaceX is now worth around $25 billion, based on the valuation of the company on a new, $507M fundraising round, according to Bloomberg. READ MORE>>. spacex venture capital aerospace valuation unicorn elon musk

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Resonant Reports Contract Win

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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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San Diego Innovation Economy Extended Gains in 2015: Connect Report

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That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.

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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Report: Qualcomm To Slash 1500 Jobs In California

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A report from Bloomberg, published Thursday afternoon, says that San Diego-based Qualcomm is planning to cut its workforce in California by about 1,500. According to the report, the cut is in response to investors pressuring the company to cut its costs by about $1 billion. Qualcomm has about 34,000 employees globally. READ MORE>>. qualcomm jobs employment workforce technology semiconductor

Silicon Beach Report April 4: Fullscreen Acquires Reelio

L.A. Business Journal

Fullscreen acquires Reelio; Facebook data breach bigger than initially reported; Spotify opens at $30 billion

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Silicon Beach Report: Saviynt Raises $40 Million

L.A. Business Journal

Saviynt raises $40 million; Snoops Dogg’s Casa Verde invests in Green Bits; USC earns top-10 spot for video game development programs

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Report: Snapchat Nearing 1 Billion In Ad Revenues

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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: Snap Chops 100 More Employees

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Venice-based Snap has cut another 100 of its employees , according to reports on Thursday, as it continues to trim its workforce. The cuts this time apparently came from the advertising side of Snap, and follows a big layoff of engineers in February. READ MORE>>. snap snapchat jobs employment layoff cuts social networking

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Report: IPO Activity In Significant Slowdown

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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

Report: Venture Dollars Decline In Q4, Says NVCA

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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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Report: Faraday Future's Chief Designer Resigns

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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.

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LA Number Two Tech Employment Area In Nation, Says Report

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A new report, published this week by the nonprofit CompTIA group, says that Los Angeles is the number two metropolitan area in the nation for technology employment. According to the CompTIA 2018 CyberStates report, LA had 501,900 technology workers, number two in the nation behind New York City, which has 664,800. San Francisco, at number four, has 375,000 workers, with San Jose at fifth with 365,600.

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Silicon Beach Report March 13: OpenX Reports Over $170 Million in 2017 Revenue

L.A. Business Journal

OpenX reports over $170 Million in 2017 revenue; Wpromote lands investment from Shamrock Capital; and Allison Checchi named COO of Atom Tickets

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Report: Southern California Startups Focus More On M&A, Profit

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A new report, issued by Silicon Valley Bank over the last week, has found that Southern California startups are far more focused on being acquired than on IPOs, and also on making profits, compared with most startups. The full report is posted online. southern california angeles startup outlook report

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Report: Zuma Launch Failure Not Due To SpaceX

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Hawthorne-based SpaceX is not to blame for the reported failure of the super-secret "Zuma" government payload, according to a report today from the WSJ. According to the report--citing "people familiar with the details"--the second stage of the SpaceX rocket failed to separate from the Zuma payload, but that failure was a result of issues with a design by defense contractor Northrop Grumman Corp.

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Music Reports Launches Automated Licensing Filings For Music

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Los Angles-based Music Reports , which provides music rights administration software, said it has begun offering up automated, filing of mechanical licenses with the United States Copyright Office. According to Music Reports, the service is aimed at on-demand music providers, who need clearance on music they'd like to stream. Music Reports said the service specifically comes from section 115 of the U.S.

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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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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

Report: Grindr Shared HIV Status, Location With App Optimization Services

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A report, published by Buzzfeed on Monday, says that Los Angeles-based gay dating and hookup app Grindr had been sharing information on users' HIV status with two app optimization services, coupled with their GPS data and information. In that report, Grindr said it was using those two services--widely used by app developers to optimize how those apps work--to make its app better, and that it has stopped sharing that info.

Report: Snapchat Files For IPO

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A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. No terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>. snapchat merger acquisition exit social networking communications

Amplify, MuckerLab, and TechStars Among Top Accelerators, Says Report

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seed accelerator amplify muckerlab techstars ranking report sxsw startup incubator incubateA project created to rank startup accelerators , has put three, Southern California startup accelerators among the top programs in the U.S. for startup accelerators, according to results released at SXSW over the weekend.

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Report: Disney Buys MakieLab

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MakieLab , the custom, 3D printed doll startup which had been part of Disney's second Disney Startup Accelerator program, has been acquired, reportedly by Disney itself. Full details of the acquisition and buyer were not officially announced, however, MakieLab said that it has been acquired by a "a fantastic US media behemoth".

Silicon Beach Report Feb. 2: Science Closes $75 Million Fund

L.A. Business Journal

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

Snap Chops Two Dozen Employees, Says Report

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Venice, California-based Snap has laid off two dozen employees, who were working on its branded content efforts, according to a report on Thursday. The employees were reportedly working on Snap's Discover section. READ MORE>>. snap employees branded content discover employment jobs

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