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The two spent months pounding the pavement in Los Angeles pretending to be college students doing research on the industry. 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. billion transaction by Vista Equity Partners.
It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4
On Tuesday Los Angeles will elect a new mayor. I’d love to see a mayor in Los Angeles who does, too. In 2010 the City of Los Angeles started trying to crack down on tax receipts of Internet startups allocating them to the least favorable gross-receipts tax bracket taking up their city tax by 500%. LA needs Garcetti.
Los Angeles-based AppOnboard says it has begun giving away its codeless app development software, AppOnboard Studio , to help developers create "instant apps" and playable ads, as well as prototypes.
The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. “With Replicated, half of the services are for tooling for the software vendor to manage release and licensing and the other half is for the IT admin.
Minkonet , a South Korean startup which is developing 3D video game capture technology, said this morning that it has raised $1M in a "Pre-Series A" investment round, and has set up a brand new headquarters in Los Angeles. Minkonet says it has now raised a total of $2.5M.
Tesla has announced that it has extended the range of its Model S vehicle to 370 miles and Model X to 325 miles on a single charge — extending the range of its flagship car to make the trip from Los Angeles to San Francisco on a single charge. . Improvements to the suspension are also helping to increase performance.
Shopify , the provider of payment and logistics management software and services for retailers, has opened its first physical storefront in Los Angeles. The first brick and mortar location for the Toronto-based company, is nestled in a warren of downtown Los Angeles boutique shops in a complex known as the Row DTLA.
Los Angeles-based Parabol , a startup developing software management tools, used to manage the efforts of development teams, has raised $4M in a funding round, the company said this morning. The company's software helps development teams manage their processes, and is focused on Agile development processes.
Los Angeles-based Shayre , a new startup developing data sharing software, says it has launched a new, "cloud-free" file sharing solution, aimed at enterprise businesses. Pricing on the software was not announced by the company. Shayre is led by CEO and co-founder Chris Monte. READ MORE>>.
Techstars Los Angeles , the local Los Angeles-focused branch of the global accelerator network, has named Matt Kozlov as its new managing director. Now, Kozlov turns his attention to the Los Angeles ecosystem broadly. And remote work means that Los Angeles could be a fixture for more investors looking to escape the Bay.
On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America. 60% of all software is bought in the U.S., Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets.
million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . Gross and Barnehama met through a mutual friend in the robotics industry in Los Angeles, the chief executive of Embodied, Paolo Pirjanian, Barnehama wrote in an email.
Los Angeles-based Sugar, which develops software to help manage apartment and residential living, has raised $2.5M The company develops software for residential communities, handling rent payment and other tasks. in a seed funding round, according to the company. The company is led by foudner and CEO Fatima Dicko.
Is there a way to use software to ensure your employees are properly washing their hands? A Los Angeles-based technology company, Vitalacy, says it has created a product which provides automated hand hygiene monitoring.
Los Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The funding was split between a $12.25M, Series A funding round led by Menlo Ventures, and an earlier $5M Series Seed funding which was led by Upfront Ventures.
Los Angeles- and Nashville-based Clovers, a developer of interviewing and recruiting software, has raised $15M in a funding round, the company said this week. According to Clovers, the funding was led by Greycroft and Alpha Edison, and also included Crosslink Capital, Acadian Ventures, Fika Ventures and Act One Ventures.
Los Angeles-based Skyryse, a startup which is developing software to automate piloting of aircraft, has raised $200M in a Series B funding round, according to the company. The company is working with Robinson Helicopters, along with four other aviation manufacturers, to developing pilot automation software for aircraft.
Los Angeles-based Meta Data Software, a company which develops software for managing media and entertainment catalogs and metadata, has been acquired by Rob Delf, the former founder of Rightsline. Financial terms of the acquisition were not announced.
Los Angeles-based private equity investor Levine Leichtman announced this morning that one of its portfolio companies, BigHand Ltd, has acquired legal software developer Iridium Technology from private equity investor Polaris Growth Fund. Financial details of the deal were not announced.
DGene, a content creation company which has a team in Los Angeles, but is based in San Jose, says it has raised $20M in a Series A funding. The company said it is building software "to expand creativity and redefine virtual production and immersive entertainment". The funding was led by Alibaba Group.
Los Angeles-based Greenfly, a developer of marketing software for brand ambassadors, athletes, and sponsors, said on Tuesday that it has raised $8.4M in a strategic growth round.
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
Greenlots, which based in Los Angeles, was founded in Singapore; and Shell is one of Singapore’s largest foreign investors. The company, which combines its management software with the EV charging hardware, has landed some significant customers in recent years, notably Volkswagen.
After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss.
Los Angeles-based Worth Network, a new software startup, is aiming to help marketers reach more consumers via organic Instagram posts, the company said today. The company says it has built software that identifies a brand's best customers on social media and converts them to marketers by paying them to post organic Instagram stories.
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management.
Open Raven , the Los Angeles-based security startup founded by a team of cybersecurity veterans from CrowdStrike and SourceClear, has closed on $15 million in new financing only four months after emerging from stealth and in the middle of a pandemic. .
Los Angeles-based software company QualityWorks said this week that it is offering up a free, bootcamp for people in the BIPOC (Black, Indigenous, People of Color) community, to learn about software testing.
Los Angeles-based Vendorflow, a new startup developing communications infrastructure for trucking and logistics providers, has raised $1.3M in a funding round, the company said today.
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. Financial details of the acquisitions were not announced. TS2 Holdings is led by CEO Yoshii Iyadomi.
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. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said.
Los Angeles-based Jurny, a developer of software used by independent hotels and vacation and short-term rental property operators for property and guest management, has raised $9.5M in a funding round. The funding was led by Mucker Capital. The startup is led by Luca Zambello, Co-Founder and CEO.
GrubMarket , which provides software and services that help link up and manage relationships between food suppliers and their customers — which can include wholesalers and other distributors, markets and supermarkets, delivery startups, restaurants, and consumers — has picked up $120 million in a Series E round of funding. .
Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from the New York and Los Angeles-based firm, which poached former Techstars Los Angeles managing director Anna Barber to lead its new initiative.
million bet, alongside Siemens and a host of other investors into the Los Angeles-based electric charging startup, Amply Power. “ There are a lot of vendors out there selling hardware or selling software fleet management in software product but at the end customer owns the risk.
Los Angeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. Embark's website says it is focused on pre-seed and seed stage investments in Internet and software companies. READ MORE>>.
Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment.
Los Angeles-based HiveWatch, a developer of "multi-sensor" data collection tools being applied to physical security, has raised $20M in a Series A funding, the company said this morning. The funding was led by former Twitter executives Dick Costolo and Adam Bain.
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. “ 2020 was a blowout year… People needed an interactive streaming platform that they could spin up quickly that they could launch on their website.”
Replicated , the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 This company is in such a unique position to create value throughout the entire enterprise software ecosystem; this sort of reach is incredibly rare.
Nuggetverse — Los Angeles-based Nuggetverse is creating a children’s media business based on its marquee character, Tubby Nugget. The company is backed by none other than the National Science Foundation and based in Los Angeles. -based professional digital community built for blue-collar workers. Wabisabi Design, Inc.
That includes the launch of its Los Angeles cloud region last year, as well as its acquisition of the Zync cloud renderer back in 2014. Google was also a founding member of the Academy Software Foundation , an open source foundation that focuses specifically on tools for the film industry.
San Diego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.
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