socalTECH

AUGUST 7, 2014

The Vice President of Business Development reports to the CEO and is responsible for the direction and management of all worldwide sales operations direct and indirect, including market competitiveness, pricing, compensation, and distribution. NO OTHER APPLICANTS WILL BE CONSIDERED. Join today! Image courtesy Bigstock.

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socalTECH

JULY 29, 2020

Venice, California-based Snap , the parent company of Snapchat , has released its annual diversity report , showing that the company--like the rest of Silicon Valley--continues to struggle to build a diverse workforce. The company reported in its Diversity Annual Report 2020 that 51.1 percent white; 33.3 percent Asian, 6.8

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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.

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socalTECH

MAY 8, 2012

Los Angeles-based expense management software and services developer ExpenseCloud , which was founded by Eric Sikola and Dan Fritcher, has been acquired by human resources provider Trinet , according to reports today. Disclaimer: TriNet is a sponsor of socalTECH). TriNet is a provider of outsource human resources services.

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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.

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socalTECH

DECEMBER 28, 2011

Irvine-based online advertising firm WebVisible has shut down, according to a report Wednesday. Former WebVisible employees had been telling socalTECH over the last few months that the firm was looking for a buyer.

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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".

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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. Los Angeles-based Honest Co., Catterton.

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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>>.

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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>>.

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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.

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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.

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socalTECH

MAY 4, 2012

Ojai, California-based Lynda.com , the online education site providing online training on a variety of software, ranging from PhotoShop to AutoCAD and much more which was founded by Lynda Weinman and Bruce Heavin, is now topping $70M in annual revenues, according to reports. The new revenue numbers came via TechCrunch.

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socalTECH

AUGUST 7, 2009

Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Sponsoring socalTECH's Executive Moves section. Your Software Development Partner. Stubbs Alderton Markiles, LLP (www.biztechlaw.com). Technology. NeoHire (www.neohire.comk). Advertisers.

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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.

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socalTECH

DECEMBER 10, 2010

Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. PRTechConnect leverages the resources of a full-service LA-based PR firm to distribute your news directly to a customized, targeted list of reporters and editors in print, broadcast and online media. Technology. Advertisers.

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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.

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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.

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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".

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socalTECH

JULY 24, 2009

Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Sponsoring socalTECH's Executive Moves section. Los Angeles-based executive search for emerging growth companies. Stubbs Alderton Markiles, LLP (www.biztechlaw.com). Technology. NeoHire (www.neohire.comk).

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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>>.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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socalTECH

NOVEMBER 3, 2017

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.

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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.

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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.

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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.

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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.

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socalTECH

AUGUST 24, 2020

Irvine-based Menlo Micro , a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum.

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