Universal Hydrogen Raises $21 Million for Airplane Fuel Cells
L.A. Business Journal
APRIL 22, 2021
Venice-based startup Universal Hydrogen Co. million for its hydrogen fuel cell technology. has raised $20.5
Tech Crawl Redux: Silicon Beach Tour Hits Venice
socalTECH
AUGUST 8, 2012
The group launched its inaugural event--which combines the idea of a "bar crawl" with tours of local technology startups and accelerators--in July, touring such companies as ParkMe, Coloft, Goodreads, CallFire, and LaunchpadLA.
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In Venice Beach, A Coming Out for Silicon Beach
socalTECH
SEPTEMBER 25, 2012
Set on the corner of Main street at Windward Circle, it positions itself in the heart of Venice. Travis Oberlander has beene chronicling the local technology scene for socalTECH, with a particular focus on the startup accelerators and activity in Silicon Beach. Memberships start at $99 per month. Photos courtesy Amplify.
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Silicon Beach Report June 8: CapLinked Joins with Civic Technologies
L.A. Business Journal
JUNE 8, 2018
CapLinked Partners with Civic Technologies on Digital Security Venture; Bad Robot Partners with Tencent on Gaming Venture; Venice Marketing Startup Signs Up 3,000 Influencers
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L.A. Girl Geek Dinner #1 ? Google Venice
SoCal Tech Calendar
SEPTEMBER 20, 2012
Google Venice. We are proud to announce that Google is hosting the very first Los Angeles Girl Geek Dinner at their awesome Venice office. Thursday, September 20, 2012 -- L.A. Girl Geek Dinner #1 ? This reception is a celebration of women in engineering.
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Venice’s System1 Raises $270 Million
L.A. Business Journal
SEPTEMBER 19, 2017
Venice advertising technology firm System1 announced on Monday that it had completed a $270 million financing round led by New York-based Court Square Capital Partners.
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Video Interview: Tony Winders, The Winders Group
socalTECH
AUGUST 20, 2019
Tony is a longtime veteran of the digital marketing world, co-founded the InterActive Agency, was a VP at companies like ValueClick, GumGum, Search123, and others, and also has been very involved in bringing together the local technology community through such efforts as the Digital Family Reunion and during the Internet 1.0
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Snap Buys Fit Analytics
socalTECH
MARCH 17, 2021
Venice, California-based Snap said on Wednesday that it has acquired Fit Analytics, which is developing machine learning technology which helps people figure out what clothing or shoes might fit them best. Financial terms of the acquisition were not announced. Fit Analytics is based in Berlin, and has around 100 employees.
Report: Snap Acquires Drone Maker Ctrl Me Robotics
socalTECH
MAY 30, 2017
Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.
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Repeat Rounds Up $6M
socalTECH
JULY 8, 2021
Venice, California-based Repeat, a startup which is developing technology to help encourage reordering of consumer packaged goods online, has raised $6M in a funding round, according to the company. Battery Ventures' Neeraj Agrawal will join the company's board of directors as part of the funding.
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113 Snap Buys Assets Of Ill Fated AR Startup Daqri
socalTECH
FEBRUARY 24, 2020
Venice, California-based Snap has acquired the assets of ill-fated augmented reality (AR) hardware developer Daqri , according to a report today. Daqri had raised around $300M for the development of its own, augmented reality headset and technology. Financial details of the asset acquisition were not announced. READ MORE>>.
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Snap Releases Diversity Report
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 percent white; 33.3
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Fifth Wall Ventures Raises Around $3.5M In SPV
socalTECH
JANUARY 13, 2020
Venice, California-based venture investor Fifth Wall Ventures , which invests in real estate technology, has raised nearly $3.5M Fifth Wall Ventures announced a big $503M real estate technology fund in 2019. Fifth Wall Ventures SPV XIX, L.P., is one of a large set of SPVs the firm has created for various investments.
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Report: Snap Buys Ad Tech Firm Flite
socalTECH
DECEMBER 20, 2016
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.
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Snap Sued By BlackBerry Over Patents
socalTECH
APRIL 4, 2018
Venice, California-based Snap has been sued by BlackBerry Ltd. , looks similar to another lawsuit filed by Blackberry last month against Facebook, alleging Snapchat's app uses messaging technology owned by the company. in a patent infringement suite filed with the U.S. as it seeks new revenue sources. The lawsuit, BlackBerry Ltd.
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Snap Quietly Buys 3D Game Engine Startup
socalTECH
MARCH 26, 2018
Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. No details on the acquisition have been announced by either of the companies.
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Vyng Picks Up $4M For Video Ringtones
socalTECH
DECEMBER 13, 2018
Venice, California-based startup Vyng , which develops software which turns calls from friends into cute "video ringtones" that show up on your lock screen when a friend calls, has raised $4M in a funding round, the company said on Thursday. Paul Kats is the CEO and co-founder of Vyng. READ MORE>>.
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133 Snapchat Sets Up Secret Research Lab In Utah
socalTECH
OCTOBER 11, 2017
Venice, California-based Snap, Inc. , Lehi is a major center of technology talent in Utah's Silicon Slopes, and is home to scores of other technology companies. the parent firm of Snapchat , has reportedly set up a new, secret location in Lehi, Utah, according to a report this week. co-founder Kirk Ouimet, who founded Scan.me
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Report: Snapchat Acquires Zenly For $250M To $350M
socalTECH
JUNE 22, 2017
Venice, California-based Snap Inc. , Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock.
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Naki Laundry Debuts In Santa Monica With Tech Friendly Laundry Service
socalTECH
JUNE 10, 2013
Naki''s new coverage area includes Santa Monica, Venice, and Marina Del Rey, and themonthly subscription service will be priced by-the-bag (starting at $19.99). naki laundry laundromat smartphone technology subscription services android itunes apple' Naki''s name comes from the Hebrew for the word "clean". READ MORE>>.
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Amplify.LA: LA Sees Landmark Year In 2017
socalTECH
FEBRUARY 16, 2018
Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year".
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100 Fifth Wall Backs Opendoor In $135M Investment Round
socalTECH
JANUARY 25, 2018
Venice, California-based venture capital investor Fifth Wall says it has made a $135M investment in San Francisco-based real estate sales startup Opendoor , as part of a combined equity and debt funding. The funding came as part of Opendoor's Series D funding round.
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Five Startups Revolutionizing Music, In Southern California
socalTECH
JANUARY 9, 2013
intersection of technology and music. All of these startups are applying technology (software development and algorithms) to some aspect of music and the music business. The firm's apps are revolutionizing sheet music, applying modern technology to what has--until recently--been stuck in the era of pencil and paper.
StackSocial Partners With Digital Trends
socalTECH
DECEMBER 5, 2012
Venice-based StackSocial , which develops an e-commerce platform for publishers, said today that it has partnered with technology publication Digital Trends. StackSocial said that Digital Trends provides technology editorials, reviews, and more to over 15 million tech enthusiasts every month. READ MORE>>.
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Snapchat Snags Investment Banker For Strategy Position
socalTECH
DECEMBER 9, 2014
Venice-based messaging app developer Snapchat has hired a high profile, technology investment banker onto its team, the company disclosed Monday. Snapchat has hired Imran Khan, who had most recently been head of Internet banking at Credit Suisse, as its Chief Startegy Officer.
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138 Snap IPO Attracts Interest Of Non-Tech Wealth Managers, Service Providers
socalTECH
FEBRUARY 21, 2017
The upcoming IPO of Venice-based Snap , the parent company of Snapchat , is spurring a lot of local real estate agents, money managers, and luxury goods retailers excited to get a piece of the action, according to an article in the New York Times.
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Snap To Price On Wednesday, List On Thursday In IPO
socalTECH
FEBRUARY 28, 2017
Venice, California-based Snap --in what will be Southern California's biggest technology IPO, ever--is expected to price its IPO on Wednesday night, and start trading on Thursday morning. The company has set an estimated IPO offering range of between $14.00 and $16.00 per share, and is hoping to sell 200 million shares in its IPO.
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100 Managed By Q Expands To Los Angeles
socalTECH
JANUARY 13, 2016
Managed by Q , which provides what it calls an "operating system for offices"--managing everything from cleaning, supply restocking, IT troubleshooting, and even helping to assemble furniture for companies--said it has expanded into Los Angeles, attracted by its thriving technology scene. READ MORE>>.
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ZEFR Hits 1 Billion Monthly Views
socalTECH
NOVEMBER 26, 2012
Venice-based ZEFR , the online content provider headed by Zach James and Richard Raddon, has reached 1 billion monthly views of its content, the firm revealed Monday, as part of an invite to supporters to celebrate the milestone. The company also is providing technology to distribute content in the areas of sports, music, and television.
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230 Report: Snap To Set Up Offices In Saudi Arabia
socalTECH
APRIL 3, 2018
A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market.
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XPRIZE Awards $1.75M In Water Abundance XPRIZE
socalTECH
OCTOBER 23, 2018
Los Angeles-based XPRIZE has made a grand prize award in one of its challenges, the $1.75M Water Abundance XPRIZE , to a local, Venice Beach based team. to the Skysource / Skywater Alliance team , which has developed technology which wrings water out of thing air. According to the XPRIZE Foundation, it awarded $1.5M
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Dollar Shave Club Raises $75M
socalTECH
JUNE 22, 2015
Venice, California-based Dollar Shave Club , the subscription-based razor business led by Michael Dubin, has raised $75M in a new funding round, bringing the company's total raised to $150M. The funding came from Venrock, Technology Crossover Ventures, Forerunner Ventures, and Dragoneer, among others.
What Mattered in 2012: Paul Bricault, Amplify LA
socalTECH
DECEMBER 28, 2012
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. Paul Bricault is Managing Partner at Amplify LA (Www.amplify.la), a hands-on startup accelerator and co-working and community space in Venice.
ZEFR Raises $5M More
socalTECH
MARCH 8, 2016
Venice, California-based ZEFR , the content monetization technology developer, has raised $5M more in what appears to be a convertible debt funding. According to a regulatory filing by the company, the debt funding came from 10 investors. The company has yet to announce details on the funding.
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U.S. Army To Recruit Dozens Of Researchers At New Campus In Playa Vista
socalTECH
NOVEMBER 4, 2015
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.
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Gem Takes $7.1M For Blockchain Security
socalTECH
JANUARY 7, 2016
Venice-based Gem , the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M in its Series A funding. The funding was led by Pelion Venture Partners, and also included KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and others.
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100 SendGrid IPO Expected Next Week
socalTECH
NOVEMBER 6, 2017
The next IPO of a technology company with Southern California roots is expected next week, as SendGrid now appears to be planning its IPO, on Wednesday, November 15th. According to the upcoming market IPO calendar, SendGrid is planning on its IPO on Wednesday. and $15.50 per share. READ MORE>>.
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140 Fuisz In Partnership With AwesomenessTV
socalTECH
SEPTEMBER 20, 2013
Venice-based Fuisz , a developer of software to automatically identify objects and people in any video, has just partnered with AwesomenessTV , the company said Thursday. According to the company, its technology is being used by AwesomenessTV to enable direct links to purchase items in its videos being produced by AwesomenessTV.
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InAuth Finds $20M For Security Tools
socalTECH
APRIL 20, 2015
Venice, California and London-based InAuth , a provider of mobile fraud prevention and mobile application security technology, recently raised $20M in a Series A funding round. The funding came from Bain Capital Ventures. Bain''s Ben Nye will join the company''s board.
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WemoLab Launches Tablet App Around Ocean Education
socalTECH
MAY 2, 2013
Venice-based WemoLab --which has been developing entertainment products around an oceanic theme--announced today that it has launched its first, mobile product, a new interactive tablet app. The firm said its app, SuperFugu, let kids take a "field trip" around the world''s ocean. The app is free, and runs on the iPad. READ MORE>>.
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Snap Prices IPO, Debuts On NYSE Tomorrow
socalTECH
MARCH 1, 2017
Venice, California-based Snap, Inc. The IPO is Southern California's largest, technology IPO in history, and makes founder Evan Spiegel and Bobby Murphy each instantly worth $3.58 has officially priced its IPO, saying on Wednesday afternoon that it will sell 200M shares of its common stock at $17.00 The IPO will raise $3.4
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ZEFR Launches New Product
socalTECH
SEPTEMBER 28, 2015
Venice, California-based ZEFR , which develops technology for helping movie studios, music labels, and others identify, claim, and manage content on YouTube, said today that it has launched a new product. ZEFR said its new BrandID Suite is aimed at brands, to help them better understand and harness the power of YouTube.
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Movieclips Becomes ZEFR, Raises $18.5M
socalTECH
AUGUST 15, 2012
Venice-based Movieclips , the online movie clips site and content site founded by Zach James and Richard Raddon, said today that it has raised $18.9M The company said the name change comes as it begins to expand into television, music, and sports content, and starts its international expansion and further invests in new technology.
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StoryBots Gets Into Halloween Spirit With New App
socalTECH
OCTOBER 18, 2013
The free, iOS app incorporates the personalized, animated technology from JibJab (which it calls Starring You Video)--which inserts the head of you, your friends, and your kids into hilarious videos.
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