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In a move which threatens the growing Silicon Beach technology industry, the SantaMonica City Council voted last night to downsize the SantaMonica Airport. silicon beach santamonica airport airline aviation economic growth jobs' Photo courtesy Steve Lyon @ Flickr. READ MORE>>.
SantaMonica-based Champion Technology Company , a developer of cybersecurity software, has named Jess Richter as Chief Revenue Officer, and David Aucsmith and Michael Kluse both as as Senior Advisors. Champion Technology is developing cybersecurity automation and orchestration software.
The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next week.
Philz Coffee , the Silicon Valley coffee chain which has a single outpost outside of the Bay Area--in SantaMonica has raised $15M to expand its footprint, the company said Wednesday. Photo: Philz Coffee at last year''s Oasis Conference in SantaMonica READ MORE>>.
Second, we are announcing officially that we are moving our offices from Century City to SantaMonica. But in Los Angeles, SantaMonica is akin to SoMa in San Francisco, Cambridge in the Boston area or Flatiron / Union Square in NYC. We have long wanted to move but wanted to wait for the perfect space.
It looks like the sale of book review and community Goodreads was worth between $150M to $200M, according to a report form AllThingsD Friday, potentially making the acquisition one of the better returns on capital from a Southern California technology startup in recent years.
As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
Historically we were near Beverly Hills in Los Angeles and throughout the 1990s and early 2000s this was fine since there was not strong locus in LA with some great deals in Pasadena, downtown, San Fernando Valley as well as on the Westside in SantaMonica. And LA shifted to SantaMonica and Venice. At the time I was 44.
Los Angeles-based technology incubator and studio Science --headed by former MySpace CEO Mike Jones--has launched a new startup in the Internet marketplace area, called HomeHero this morning. The SantaMonica-based startup is initially targeting the Los Angeles region with its services. READ MORE>>.
SantaMonica-based Factual , the open data startup headed by Gil Elbaz, the inventor of Google's AdSense technology, said today that it has launched a new open set of data that the firm says provides geo-coded data for 14 million local U.S. businesses.
SantaMonica-based Catasys , a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic.
SantaMonica-based MomentFeed , which develops software to help multi-location brands manage their reviews, location listings, and much more, says it has rolled out a new product. MomentFeed is led by technology veteran Nick Hedges, who was previously CEO and President of Velocify. READ MORE>>.
Forbes Magazine has just published its annual Midas List , its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California's venture capital community was shut out of the list entirely.
My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the SantaMonica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.
SantaMonica-based Tapatalk , which develops a popular mobile application to allow users to access and read online forums, is turning to Blockchain in an attempt to reward content creators. Tapatalk said its adoption of blockchain will make "micro-payments" more feasible.
Snap reported revenues of $404.48M in revenues for the year ended 2016, and total costs and expenses of $924.86M--much of that due to the huge increase in staffing for the company. READ MORE>>.
They are no longer remarkable in SantaMonica or Venice or in many cities in America, Europe or South America. In my home town of SantaMonica they painted 19 miles of bike lanes green to help delineate bikes & scooters from cars and they built 3 miles of soft barriers to test how this works with traffic flow.
Outside San Diego, Coda Automotive, the electric auto firm in SantaMOnica, raised $24.1M; Northridge based Gamma Medica raised $24.0M Numbers from those firms will differ--sometimes drastically--due to sources of information, timing of funding events, and classification of data.
As part of that, Amazon.com, Overstock.com, and a large number of e-commerce retailers have cut off their California affiliates, saying that they will immediately stop paying them for referrals due to the move. If technology business relocate, the industry will end up suffering. It is bad, and it definitely impacts the business.
Last week, SantaMonica-based Tecca (www.tecca.com) launched a consumer electronics, consumer information service, backed by Fuse Capital and Best Buy. The service--currently only available on iPhone and Android--allows users to find reviews and information about consumer electronics products.
SantaMonica-based MGID , a provider of native advertising software and a native advertising network, said last week that it has launched a new, anti-ad blocking product. The company said its new technology allows publishers to trigger warnings and bypasses blocking attempts by software ad blockers. READ MORE>>.
For those who still might be wondering what Spotlight: LA Tech is all about, It’s a screening room for new technology homegrown in our region. It’s a gathering of friends and tech enthusiasts of all stripes. This Spotlight takes place Thursday, July 14, at The California Institute of Technology (CalTech). RSVP: AGENDA.
The growing clean technology sector also helped numbers, with $74.0M for SantaMonica electric vehicle firm Coda Automotive. Father north, in Santa Barbara, Sonos scored $25.0M Tags: southern california angeles venture capital diego santa barbara startup investment finance. in deals tracked by our database.
Celebrating five amazing years of LA tech. After all, you are LA tech, and this party is just as much a celebration of how far this community has come…and how far it’s yet to go. Today, we offer a full slate of coverage of LA and beyond, focusing on emerging technology and the people behind the brands. That’s right.
SantaMonica-based Demand Media (www.demandmedia.com) has seen its share of ups and downs as one of the highest visibility technology and media companies to come out of Southern California's technology ecosystem in recent years. If you look at anything that's evolved in consumer technology, it always starts pretty basic.
Tonight starting at 7:00pm PST we will be streaming and bringing you all the action live from Cross Campus in SantaMonica. TechZulu & Gadget Review present REACH. On October 24th tech enthusiast will come together to discuss the latest in Disruptive Technologies Impacting the Future of Gaming.
so compelling (other than the fact that the CEO Sean Rad is a great young technology leader and his advisers – Brian Norgard , Dan Gould and Evan Rifkin - are some of the guys I respect most in the LA tech market.). Wordpress), video (YouTube), pictures (Flickr), review sites (Yelp) and collaborative content (Wikipedia).
SantaMonica-based Snap says it is looking to raise $1.0 According to Snap, the convertible senior notes will be due in 2026, and will be a private placement to qualified institutional buyers. billion in new funding, through a convertible senior note offering and private placement. million principal amount of notes.
In a bid to tap into the growing, innovative technology atmosphere in Playa Vista, the U.S. Army said Tuesday that it plans to recruit up to 70 researchers to a new campus in the growing center for technology, at the University of Southern California Institute for Creative Technologies (ICT). According to the U.S.
South, a solid SantaMonica bar and grill was bustling earlier this Tuesday courtesy of the good people at Tech Cocktail and their winter technology mixer. Noisy, but due to a solidly participative crowd in a mix of business, casual, and in between attire. ” Said the smiling girl at the check-in table.
SantaMonica-based VIRURL said this morning that it has renamed itself Revenue.com , after acquiring the domain name. The company--which provides native advertising technology--said the new name "fully conveys" its company''s mission.
While Waymo has been mapping several LA neighborhoods, including Downtown, Miracle Mile, Koreatown and Westwood, since 2019, the company will start its rider-only testing in SantaMonica before gradually ramping up. Services will be available “outside of traditional rush hour times,” a spokesperson told TechCrunch.
Recently, SantaMonica-based Docstoc (www.docstoc.com) launched a new marketplace on its site, for anyone interested in selling professional documents. Do you think you could have offered this earlier, or was it due to the scale that you could launch this? In San Francisco, it's technology people looking to find business people.
SantaMonica-based Zag.com , the online car buying software firm headed by Scott Painter, announced this morning that it has inked a deal with the AAA, to power a new service called AAA Automaker. Financial details of the win was not disclosed.
Last week, SantaMonica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. I had worked as a tutor for Princeton Review, and Jake for Kaplan. It was us, funding ourselves from credit cards, literally, to a company that is now on par with Kaplan and Princeton Review.
SantaMonica-based talent management software firm Cornerstone OnDemand announced the launch of its suite of people analytics products at its annual Convergence Conference. Cornerstone Planning.
One of the most original, subscription startups to come out of Southern California's tech accelerator boom emerged last week, looking to disrupt not just another retail sector or e-commerce category, but something else entirely: the airline industry. We take your application and review it. Wade Eyerly: They are incredible.
Founded in 2006, Demand Media is headquartered in SantaMonica, CA with offices in Bellevue, WA, Austin, TX, New York, NY and London, UK. Tech Coast Angels is ever-mindful that some of the world’s greatest companies began with angel investments and we take our commitment to that tradition seriously. to 11:00 p.m. Price: FREE.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment? What are you most looking forward to in the technology/startup world in 2021?
Silicon Valley may still be the capital of technology with a mix of new (Google, Facebook) and old (Apple, HP) sprinkling the landscape. However, Silicon Valley isn’t the only place to grow technology innovators from the ground up. In other cases, it’s strip malls and shopping to generate foot traffic.
Burstly, a SantaMonica based company, provides an open and free ad management platform that helps mobile application developers better monetize their inventory. But I believe it’s a very comprehensive solution and our duediligence with large app developers confirmed as much. Optimization technology is not new.
At some point, you've got to figure out where you draw the line, due to social network fatigue when you're at the point where you are checking 8, 9, or ten different sites every day. Rob Farrow: Lots of what goes on in technology happens on the West Coast. Meebo is another powerful site. The list goes on and on.
Stewart Roberts , President of Orange County of Tech Coast Angels. Founded in 2006, Demand Media is headquartered in SantaMonica, CA with offices in Bellevue, WA, Austin, TX, New York, NY and London, UK. Where: Wokcano, 1413 5th Street, SantaMonica, CA. Be sure to tune in at 5:30pm PT. Adrenaline Fueled Angel.
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