West Hollywood Vacation Rental Outfit Raises $5 Million

L.A. Business Journal

AvantStay, a West Hollywood-based hospitality firm that provides short-term vacation rentals to groups, announced Dec. 19 it received $5 million in a round led by Menlo park investment firm Bullpen Capital

Drone Crash Takes Out Power Grid In West Hollywood For Three Hours

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For all of the promise and appeal of drone aircraft, the growing popularity of the unmanned aerial vehicles continues to cause unexpected problems--most recently, taking out the power to almost 700 customers of Southern California Edison in West Hollywood on Tuesday afternoon. drone aircraft crash west hollywood power electricity utility aerospace technology

The RealReal Launches First Bricks And Mortar Store, In West Hollywood

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TheRealReal said it will open up a "concept store" in Los Angeles on Melrose Avenue in West Hollywood, where it will both offer up its luxury goods and also accept consignments. Online luxury consignment store The RealReal is making its foray into the retail market, with its first ever bricks-and-mortar, physical store, in Los Angeles.

Cedars-Sinai and Techstars Partner to Launch Healthcare Technology Accelerator

Tech Zulu Event

West Hollywood Mayor Lindsey P. “I’m thrilled about the launch of the Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, in the City of West Hollywood,” Horvath said.

Silicon Beach Report June 15: Scopely Raises $60 Million

L.A. Business Journal

Scopely raises $60 million, VentureDevs to open West Hollywood office, and tech startup HelloTech powers Altice service

TZ Tech Crawl | Sunset Strip Edition

Tech Zulu Event

Silicon Beach is expanding from the westside to West Hollywood as entrepreneurs set up shop next to the stars. Events Tech Crawl TechZulu Adler Integrated Lyft Silicon Beach Startup Minds Sunset Strip The Roxy twtMob TZ TZ Tech Crawl West Hollywood

Saros Raises $7M for AI Effort in Finance Industry

L.A. Business Journal

Santa Monica-based Saros raised $7.055 million for its West Hollywood-based private firm that specializes in artificial intelligence in the financial industry, according to a filing with federal securities regulators

Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues

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West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. The report--from Axios--said the fund is now entirely focused on its accelerator, Backstage Studio, and also has been cutting staff. Backstage Capital focuses on focuses on minorities, including women, People of Color, and LGBT founders.

Canvassing of Art Website Yields $36 Million Deal

L.A. Business Journal

Israeli web development company Wix said last week that it had purchased popular West Hollywood-based online artist platform DeviantArt for $36 million, including $3 million in assumed debt

Silicon Beach Report Aug. 8: Walt Disney to Acquire Stake in MLB Streaming Platform for $1B

L.A. Business Journal

Walt Disney to acquire stake in MLB streaming platform for $1 billion, SpaceX Ships rocket to Texas for preliminary testing, West Hollywood’s Opinit acquired by Canadian app developer, and more

Casa Verde Capital Raises $45M Investment Fund

socalTECH

West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

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LiveXLive Names Head of Product

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West Hollywood-based a href="[link] , which provides a number of live streaming and other products focused on live entertainment--and also runs Slacker Radio--has named Tad Ro as Head of Product. Ro previously has worked for such companies as Verizon Digital Media, TMZ, Virgin Mobile, Spin Media and Rhapsody. LiveXLive said Ro will lead product management and expand its product offerings. He was most recently Director of Product Management at Verizon Digital Media Services.

Backstage Capital Launches New Startup Accelerator In LA

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West Hollywood-based Backstage Capital , a venture capital investor which focuses on minorities--including women, People of Color, and LGBT founders, said recently that it has launched the Backstage Accelerator , a three month, startup accelerator which will provide in-person resources and support to its portfolio of companies.

StartEngine Powers $250M ICO For Overstock.com's tZERO

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West Hollywood-based equity crowdfunding site StartEngine says it is powering a $250M, "initial coin offering" (ICO) for Overstock.com and its t0.com, Inc. tZERO) subsidiary. According to StartEngine, tZERO is raising $250M in its ICO. StartEngine said the ICO is the first regulated ICO on its platform. READ MORE>>. startengine overstock tzero equity crowdfunding finance

FabFitFun Names VP of Engineering

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West Hollywood-based FabFitFun , the women's lifestyle brand, said it has named Chris Henley as Vice President of Engineering. Henley was previously CTO of personalized nutrition startup Habit, and also served at Athos, Learnist (Grockit), PlaySay, Roost, SGN, Apptis, AP Systems, and Hughes Network Systems. READ MORE>>. fabfitfun engineering chris henley executive

Ticketmaster To Sell Tickets Via Facebook

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West Hollywood-based Ticketmaster is getting set to start selling tickets directly within Facebook by the end of the month, according to reports. The company said the move will provide a more seamless purchase experience , and ultimately sell more tickets, particularly around events. READ MORE>>. tickemaster facebook ticketing sales ecommerce

FabFitFun Debuts Interactive, Live Programming

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West Hollywood-based FabFitFun is launching new, interactive, live programming, behind the company's women's lifestyle brand, intended to help showcase its products, including beauty demonstrations, DIY projects, and a gameshow, the company said on Monday.

LiveXLive's Slacker Connects With Amazon Alexa

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West Hollywood-based LiveXLive Media , the parent firm of online radio streaming service Slacker Radio , says that Slacker has launched its own Amazon Alexa "Skill" to enable voice control of its streaming music services. According to LiveXLive, the skill allows Slacker to be controlled from all Alexa-enabled devices, including Echo Dot, Amazon Tap and Amazon Fire TV. LiveXLive says it has more than one million monthly active users using its Slacker Radio service.

Hutch Raises $10M Funding From Zillow

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West Hollywood-based Hutch , the home interior design app developer led by Beatrice Fischel-Bock, has raised a $10M round of funding from Zillow Group , the company said this morning. Hutch, lets users take a picture of room us‌ing its mobile app, and lets users apply "filters" on how they might redecorate the space. As part of the funding, Zillow's Spencer Rascoff joins the company's board. READ MORE>>. hutch zillow venture capital home interior design

LiveXLive Signs Streaming Deal With Life Is Beautiful Festival

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West Hollywood-based LiveXLive Media , the parent company of Slacker and provider of digital media services focused on live entertainment, said today that it has signed a multi-year agreement with the Life is Beautiful Music & Art Festival.

Can we have fun while doing serious work?

Berkonomics

At one point in our mutual careers, my brother located his growing architectural practice just a mile from my record company in West Hollywood, California. Have you ever noticed how slow time passes when you are in a troubled environment?

LiveXLive's Slacker Launches Social Media Influencer Station

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West Hollywood-based LiveXLive Media , the parent company of Slacker Radio , said today that Heard Well , a record label which is "powered by social tastemakers", will launch a new station on its platform. The new station will be hosted by "social influencers" and focus on spotlighting emerging artists from the online creator comunity. Heard Well was founded by Jeremy Wineberg, Andrew Graham, and Connor Franta.

FabFitFun Creates Box Centered Around Pinterest 100

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West Hollywood-based women's lifestyle brand FabFitFun.com is rolling out its own, product "box", the Pinterest Box, which will deliver products based on the most popular Pinterest beauty, style, wellness, and food trends, the company said today.

Grindr Launching Digital Magazine, INTO

socalTECH

INTO has a big, invite-only launch party tonight in West Hollywood. Los Angeles-based social networking site Grindr , which serves the "gay, bi, curious and queer" market, is launching a new online, digital magazine called INTO today. According to Grindr, the new digital magazine is looking to fill a gap in the media landscape, with content that appeals to young, LGBTQ+ millennials.

Snoop Dogg's Casa Verde Capital Funds Green Bits

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West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses. Green Bits , which focuses on compliance for cannabis dispensaries and retailers, said it raised $17M in a Series A funding, led by Tiger Global, and also included Snoop Dogg's Casa Verde Capital.

LA Taxi Company Challenges Uber, Lyft, Sidecar

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UITD--which is one of the companies working with competing smartphone app provider Flywheel to counter the other ridesharing companies--told the LA Weekly it has seen at least a drop of 30 percent in business from weekend club-goers in the South Bay and in West Hollywood.

Tech Scenes: John Tomich, Onestop Internet

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Watch Tech Scenes Episode One where we explore Los Angeles from Santa Monica, West Hollywood, to Compton and meet up with Royce Disini of Mobcrush, Greg Bettinelli of Upfront Ventures, Leura Fine of Laurel and Wolf, John Tomich of One Stop Internet, and Expree Devora of WeAreLATech.

Namesake Bolsters Technical Team

socalTECH

West Hollywood-based Namesake , the real-time, conversation and community site founded by Brian Norgard and Daniel Gould, has started expanding its team, saying today that it has hired Jeff Potter to head up development and operations at the startup.

Tech Scenes Episode 1: A Look At SoCal's Startup Ecosystem

socalTECH

In this episode we explore Los Angeles from Santa Monica, West Hollywood, to Compton and meet up with Royce Disini of Mobcrush, Greg Bettinelli of Upfront Ventures, Leura Fine of Laurel and Wolf, John Tomich of One Stop Internet, and Expree Devora of WeAreLATech.

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Evercar Plans LA Expansion For EV Rentals For Uber, Lyft Drivers

socalTECH

According to Evercar, it currently has 43 vehicles in the Los Angeles area, including Downtown, West Hollywood, Santa Monica, Inglewood, and Marina del Rey.

Citysearch Launches Annual Business Ranking Polls

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West Hollywood-based Citysearch said Tuesday afternoon that it has begun taking user input and polls for its "Best of Citysearch" award, which ranks the best local businesses on its site. The firm said that users can vote on different kind of businesses, ranking from such categories as vintage shops, menswear, kids shops, jewelry, and more in the site's top 10 cities. READ MORE>>. citysearch user voting business ranking poll

FabFitFun Debuts On Demand Video Service

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West Hollywood-based FabFitFun , the women's lifestyle brand which is backed by New Enterprise Associates, Upfront Ventures,Rachel Zoe Ventures, 500 Startups, Simon Ventures, Draft Ventures, and a long list of angels, said today that it has launched a new service called FabFitFunTV.

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OroCommerce, Founded by Magento's Founders, Launches Ecommerce Platform

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West Hollywood-based OroCommerce , a new startup founded by Magento's Yoav Kutner and Roy Rubin, said today that it has launched a new e-commerce platform specifically aimed at B2B e-commerce. The new software is epcifically aimed at helping companies manage corporate accounts and buyer-seller relationships, managing price lists and catalogs, automating business workflows, and more, according to the company.

Tech Scenes: Espree Devora of WeAreLATech

socalTECH

Watch Tech Scenes Episode One where we explore Los Angeles from Santa Monica, West Hollywood, to Compton and meet up with Royce Disini of Mobcrush, Greg Bettinelli of Upfront Ventures, Leura Fine of Laurel and Wolf, John Tomich of One Stop Internet, and Expree Devora of WeAreLATech.

Orbitera Acquired By Google For More Than $100M

socalTECH

West Hollywood-based Orbitera , which develops cloud-based software for managing leads, trial subscriptions, and billing, has been acquired by Google , Google said on Monday. Financial terms of the acquisition were not disclosed. Google said it will continue to make Orbitera available to other software vendors, in addition to using the company's technology to improve the support of software vendors on Google Cloud Platform.

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