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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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.

Trending Sources

New Report Details Technology Job Concentration In Region

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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

Report: Snap Buys Ad Tech Firm Flite

socalTECH

Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite. The deal has not yet been announced by either company. READ MORE>>. snap advertising technology merger acquisition adtech acquihire

Report: Snapchat Raises $175M More

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According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. Snapchat has now raised more than $1.2 billion in funding. READ MORE>>. snapchat venture capital instant messaging fidelity investments communications

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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Silicon Beach Report May 10: Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

L.A. Business Journal

reports slow user growth, SpaceX considering sending two Dragon capsules to Mars in 2020, and Jordan Levin named CEO of AwesomenessTV Snap Inc.

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

socalTECH

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. Crosscut has not yet filed regulatory details on the new fund.

Report: Disney Will Not Bid On Twitter

socalTECH

A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. will not make a bid for Twitter , which reportedly has been looking to sell the company. Disney had been reported to be looking at Twitter in September. Recode --quoting "sources familiar with Disney" said that Disney has decided not to move forward with a bid.

Report: Biotech VCs Perpetuate Boardroom Gender Gap

Xconomy

If power in the business world is centered in the boardroom, women in biotech have a long way to go to get their fair share—and the venture community deserves much of the blame.

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Report: Snapchat Acquires Bitstrips For Around $100M

socalTECH

Los Angeles-based Snapchat has acquired emoji software developer Bitstrips , in a deal worth around $100M in cash and stock, according to a report this morning.

Gottlieb Reportedly On Tap to Lead FDA, and Biopharma Exhales

Xconomy

According to several news reports, the Trump administration will nominate Scott Gottlieb to be the new commissioner of the FDA, a selection that had the life sciences industry breathing a sigh of relief Friday afternoon.

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LA Leads In Entrepreneurs, Says Report

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The report covers all business entrepreneurs, not just those in the high tech industry. angeles entrepreneurship kauffman report entrepreneur businessA new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs.

Silicon Beach Report May 23: Real Office Centers, Co-Working Tenants Evicted from Santa Monica Office

L.A. Business Journal

Real Office Centers, co-working tenants evicted from Santa Monica office, Snapchat launches custom group stories, and Pepsi to label millions of cans with Snapchat codes

LA Startup Report 2013 | A Rising Forecast

Tech Zulu Event

Be Great Partners , a Los Angeles technology incubator, has recently released a report on the startup community in LA and the information shows a positive growth for startups here in LA. The post LA Startup Report 2013 | A Rising Forecast appeared first on TechZulu.

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

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: Unilever Eyes The Honest Company

socalTECH

An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? If true, an acquisition would be the second by the company of a high profile, Los Angeles startup this year, after the acquisition of Santa Monica's Dollar Shave Club by Unilever--for a billion dollars--in May.

“Built In L.A.” Releases Its First Los Angeles Digital Startup Report

Tech Zulu Event

As we reported earlier, Built in L.A., has been datamining and tracking all the local startup action and has released the “2012 Los Angeles Digital Startup Report.”. will continue to provide Los Angeles free comprehensive digital startup reports quarterly and annually.

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

Report: DreamWorks Animation, Comcast In Acquisition Talks

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A report this morning from the WSJ says that Glendale-based DreamWorks Animation SKG and Comcast are in talks, where Comcast will pay more than $3 billion for DreamWorks. The WSJ report cited "people familiar with the matter" in its report, which it says will put Comcast up against Walt Disney Co. Comcast already owns Universal Pictures. in the family entertainment business. READ MORE>>. dreamworks comcast merger acquisition rumor entertainment hollywood animated animation

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

Once High Flying Ouya On Block, Says Reports

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Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The report , from Fortune, says that Mesa Global is managing the sale process for the venture backed company, which had received funding from Kleiner Perkins, Mayfield and Shasta Ventures. The sale comes due to debt owed to TriplePoint Capital, according to the report.

Report: Flipagram Looking For Buyer

socalTECH

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed. Flipagram is venture backed by Index Ventures, Kleiner Perkins Caufield and Byers, and Sequoia Capital, and raised a bit $70M funding round in 2015. READ MORE>>.

Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter

L.A. Business Journal

seed funding falls sharply in first quarter, Brian Lee and Ron Burkle-backed medical apparel Startup Jaanuu raises $5 million from retail execs, and Nasty Gal founder Sophia Amoruso’s dramatic biopic releases Friday on Netflix

Silicon Beach Report June 2: Upfront Ventures Raising Two Funds Totaling $500 Million

L.A. Business Journal

Upfront Ventures is raising two funds totaling $500 million, AeroVironment secures $36.5 million drone contract with Australian military, and Virgin Galactic conducts test glide flight and says it’s nearing propulsion tests

Silicon Beach Report June 19: Snap Signs $100 Million Deal With Time Warner

L.A. Business Journal

Snap signs $100 million deal with Time Warner, Garcetti, Musk discusses tunnel possibility and cloud service company wants $550 million

Spokeo Hits 150 Employees, Reports Growth

socalTECH

Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. Financials were not released by the privately held firm.

Report: Amazon Paid $15M For Latest Woody Allen Film

socalTECH

Amazon.com has paid $15M for the untitled film from Woody Allen , according to the Hollywood Reporter, which said that the amount is more than three times what Woody Allen got for his last film. Amazon announced the deal to acquire Allen's film last week, but did not disclose the finances behind the deal, which the Hollywood Reporter called "staggering".

Silicon Beach Report April 28: Musk Reveals Multistoried Tunnel System Concept in Video

L.A. Business Journal

Musk reveals multistoried tunnel system concept in video, Virgin Galactic’s Richard Branson noncommittal on SpaceShipTwo launch dates, and blue collar online job marketplace Work Today raises $1.1 million

Silicon Beach Report June 6: Snap Inc. Acquires Placed for a Reported $200 Million

L.A. Business Journal

acquires Placed for a reported $200 million, Fisker Electric vehicle photos unveiled and pre-orders scheduled to begin late June, and Honk licenses its roadside assistance app to Farmers InsuranceSnap Inc.

Snapchat Selects Morgan Stanley, Goldman Sachs To Lead IPO, Says Report

socalTECH

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. The report said that JPMorgan Chas & Co.,

Silicon Beach Report Feb. 22: Global Eagle Stock Plunges After CEO and CFO Resign

L.A. Business Journal

Global Eagle stock plunges after CEO and CFO resign, AwesomenessTV CEO Brian Robbins resigns, microfinance startup Tala raises $30 million, and more