SpaceX Acquires Swarm Technologies
L.A. Business Journal
AUGUST 9, 2021
SpaceX has agreed to purchase Swarm Technologies, which designs small satellites to manage internet-of-things services.
Passport, the technology business for city transit systems, raises $43 million
TechCrunch LA
DECEMBER 20, 2017
The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally. Passport, company that's managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million.
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Passport, the technology business for city transit systems, raises $43 million
TechCrunch LA
DECEMBER 20, 2017
The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally. Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million.
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Songtrust adds another 55,000 artists to its rights management service
TechCrunch LA
JUNE 26, 2019
Over the past year, Songtrust has added another 55,000 artists and songwriters to its rights management service. billion, according to data from the International Federation of the Phonographic Industry (which has been tracking the industry since the days when the dominant technology was the record player). in 2018 to $19.1
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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots
TechCrunch LA
JANUARY 25, 2022
Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. Prices for the service can vary by city and location, but as an example a service that it provides to grocery chain Coop in Milton Keynes is made for a flat fee of 99 pence.
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Ordermark, the online-delivery order management service for restaurants, raises $18 million
TechCrunch LA
JULY 29, 2019
Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. A fourth-generation restaurateur, Canter built the technology on the back of his family deli’s own needs.
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Mobile messaging financial advisory service, Stackin, adds banking features and raises cash
TechCrunch LA
JULY 29, 2019
When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services.
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Google spinoff Cartken and REEF Technology launch Miami’s first delivery robots
TechCrunch LA
MARCH 30, 2021
Self-driving and robotics startup Cartken has partnered with REEF Technology, a startup that operates parking lots and neighborhood hubs, to bring self-driving delivery robots to the streets of downtown Miami. Starship Technologies CEO Lex Bayer on focus and opportunity in autonomous delivery.
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Enjoius raises $1.4 million to bring its party planning services to you
TechCrunch LA
NOVEMBER 28, 2017
Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party.
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Enjoius raises $1.4 million to bring its party planning services to you
TechCrunch LA
NOVEMBER 28, 2017
Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Read More.
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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services
TechCrunch LA
JANUARY 7, 2020
Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4
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ServiceTitan Acquires Aspire, Raises $200 Million
L.A. Business Journal
JULY 5, 2021
a developer of management software for home services contractors, has acquired St. Louis-based Aspire Software, a technology provider for commercial landscaping businesses. Glendale-based ServiceTitan Inc.,
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5 Current Technologies Still Have Room For Innovation
Startup Professionals Musings
JULY 9, 2022
Although I’m not an aficionado of checklists in general, I really appreciate one he has included for keeping up with some of the latest technological trends that are reshaping business strategies, which should be the driver for startups to fill in the gaps. Infrastructure as a Service (IaaS). Platform as a Service (PaaS).
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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem
TechCrunch LA
DECEMBER 8, 2017
Kevin Novak, the architect of Uber's dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data.
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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem
TechCrunch LA
DECEMBER 8, 2017
Kevin Novak, the architect of Uber’s dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data. Read More.
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268 One of the Biggest Mistakes Enterprise Startups Make
Both Sides of the Table
MARCH 19, 2013
And of course the most successful technology companies: Google, Facebook, Salesforce.com [duh], Oracle, Microsoft all have loads of sales people. Many young startups are being advised not to have a professional services business and in my opinion this is a big mistake. Professional services = higher rate of successful rollouts.
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Verizon names Los Angeles as the second of four cities to receive 5G rollout before 2019
TechCrunch LA
MAY 15, 2018
My boss’ boss’ boss was on CNBC this morning touting Verizon ‘s new 5G services and naming Los Angeles as the second city in America to be treated to a commercial rollout of the new networking technology. We will have hundreds of megahertz of bandwidth to deliver the whole suite of services of 5G,” McAdam said.
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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million
TechCrunch LA
SEPTEMBER 10, 2020
For chief executive Artyom Poghosyan and chief technology officer Alex Gudanis, Britive is simply the latest initiative in a decades-long effort to reshape security technology. Those cloud technologies presented new challenges for the kind of privileged access management technologies that Poghosyan had developed.
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NASA moves forward with 17 companies as part of bid to transform urban aerial transportation
TechCrunch LA
MARCH 3, 2020
If it’s fully implemented, the new Urban Air Mobility system could enable air transit for things like package delivery, taxi services, expanded air medical services, and cargo delivery to underserved or rural communities, the Agency said in a statement. There are preliminary technological tests that will take place this year. “We
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8 Priorities When Offering A New Product Or Service
Startup Professionals Musings
MAY 26, 2023
Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. Also fears can be mitigated by warranties provided, complementary service options, or money back guarantees.
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LA-based Metropolis raises $41 million to upgrade parking infrastructure
TechCrunch LA
FEBRUARY 16, 2021
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. REEF Technology raises $700M from SoftBank and others to remake parking lots.
Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech
TechCrunch LA
APRIL 27, 2021
Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.”
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6 Keys To Thriving In This New Era Of Remote Services
Startup Professionals Musings
MARCH 19, 2022
With the power of the Internet, and the impact of the recent pandemic , the world of business services, such as accounting and marketing, have gone more and more remote. Yet the value of real relationships, as with consumer customers, has become critical to your business services growth and success.
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121 Going long on LA, India, AI and tech infrastructure March Capital raises $300 million
TechCrunch LA
JANUARY 24, 2019
It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.
Electric Car Sharing Company Envoy Sets $11 Million Series A
L.A. Business Journal
NOVEMBER 12, 2020
Envoy Technologies Inc., a Culver City company that operates electric car sharing services has raised $11 million in funding.
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Hyundai taps EV startup Canoo to develop electric vehicles
TechCrunch LA
FEBRUARY 11, 2020
Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.
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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams
TechCrunch LA
MARCH 2, 2021
As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. The one thing that Maestro won’t do is discovery or search services, Evans said.
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7 Technology Entrepreneur Examples You Should Emulate
Startup Professionals Musings
JULY 10, 2022
By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. Here are some recognizable entrepreneurial examples I like, just from the technology space: Driven by an epic ambition.
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131 ServiceTitan is LA’s least likely contender to be the next billion-dollar startup
TechCrunch LA
APRIL 12, 2018
More specifically, it’s the contractors that service equipment like the heating, ventilation and cooling systems at commercial and residential properties across the U.S. The two men built a suite of services to help contractors like their fathers manage their businesses.
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271 Big tech companies are looking at Hollywood as the next stage in their play for the cloud
TechCrunch LA
JUNE 28, 2018
.” There’s a lot at stake for Microsoft, Google and Amazon as entertainment companies look to migrate to managed computing services. While leaders like Netflix migrated to cloud services in 2012 and 21st Century Fox worked with HP to get its infrastructure on cloud computing, other companies have lagged.
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8 Tactics To Make Service Your Competitive Advantage
Startup Professionals Musings
SEPTEMBER 22, 2023
Most leaders agree that poor customer service is a business killer today, in terms of lost customers, reduced profits, and low morale. Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. Train and coach continuously.
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LA-based Boulevard raises $27 million for its spa management software
TechCrunch LA
NOVEMBER 23, 2020
They spoke with salon owners in Beverly Hills, Hollywood and other trendy neighborhoods trying to get a sense of where software and services were falling short. This new capital will help accelerate our mission and deliver value to salons and spas that they never imagined was possible from technology.”.
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323 Former Hulu exec Noah Heller launches new venture fund to focus on LA tech
TechCrunch LA
NOVEMBER 27, 2017
Noah Heller, one of the chief architects of Hulu's virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed.
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235 Former Hulu exec Noah Heller launches new venture fund to focus on LA tech
TechCrunch LA
NOVEMBER 27, 2017
Noah Heller, one of the chief architects of Hulu’s virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. Read More.
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Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark
TechCrunch LA
OCTOBER 27, 2020
We believe Ordermark’s leading technology platform and innovative virtual restaurant concepts are transforming the restaurant industry,” said Jeff Housenbold, Managing Partner at SoftBank Investment Advisers, in a statement. million for Ordermark, a takeout order management service. Canters restaurant royalty raises $9.5
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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M
TechCrunch LA
AUGUST 27, 2020
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Fastly was founded to meet developers’ need for greater visibility and control.
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Los Angeles-based CREXi raises $29 million for its online real estate marketplace
TechCrunch LA
JANUARY 24, 2020
Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. billion, active in the real estate industry in Los Angeles.
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203 Backed by LG, AmazeVR is hoping to resurrect virtual reality’s consumer dreams
TechCrunch LA
MAY 21, 2019
Propelled by new technologies, new businessmen have been landing in Los Angeles since the invention of the nickelodeon to create a studio that would dominate popular entertainment. Hardware makers have invested billions to improve the technology, and they’d like that money to not go to waste.
Manufacturing startup Divergent 3D reduces staff by one-third
TechCrunch LA
APRIL 24, 2020
1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. The company’s No. Image Credits: Czinger Vehicles.
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GM exits car-sharing business and shuts down Maven
TechCrunch LA
APRIL 21, 2020
The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19 pandemic. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently.
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GrubMarket raises $60M as food delivery stays center stage
TechCrunch LA
OCTOBER 5, 2020
Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.
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Why Your Marketing Campaign Sucks
Both Sides of the Table
MARCH 14, 2013
Creating awareness for your brand and products is one of the lifebloods of technology startups yet in a world where so many companies are being created it becomes difficult to rise above the noise. They are an investment bank that targets the technology & media sectors. They sell accounting services. It’s brilliant.
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GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain
TechCrunch LA
SEPTEMBER 13, 2021
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. We are trying to consolidate the American food supply chain through software technologies, while also trying to find the best solutions in this space.”
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Reflections on 2019: Anthony Citrano, Acquicient
socalTECH
DECEMBER 26, 2019
Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What new technology area, startup, service, or app did you find most interesting or useful this year, and why?
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