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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

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. million in financing to support the buildout of its services and sales teams to manage clients. billion, active in the real estate industry in Los Angeles.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. Sales, Sony Music Entertainment, in a statement. . “The third piece is a developer ecosystem,” Evans said.

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

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.

Startup 310
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Boosted Commerce Taps Former Hollar CEO As President

socalTECH

Los Angeles-based e-commerce platform developer Boosted Commerce says it has hired Steve Oliver, the former CEO of e-commerce startup Hollar as its new President. Oliver was head of Hollar through its sale to Five Below in 2020. He previously also served as COO of Ticketfly, and also previously served at Amazon.

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. E-commerce sales typically account for 80% of Glossier’s revenue, the Business of Fashion reported last July. .

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

The Los Angeles-based company partnered with NBA Top Shot NFT creator Dapper Labs to develop the storefront on Dapper’s Flow blockchain and debuted it to a group of invite-only beta users in December last year, TechCrunch reported at the time. ” Genies CEO and founder Akash Nigam. Image Credits: Genies.

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After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

TechCrunch LA

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. As a part of Integrated Media, StackCommerce will join properties like Fandom and Goal.com.

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