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Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in SouthernCalifornia in either the summer or fall of this year. It seems, however, that the company has found plenty of opportunity for growth while remaining focused on the San Francisco Bay Area.
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for SouthernCalifornia Innovation has just released a report to analyze how SoCal can work to assume its pole position.
This is our second year of creating our list of the top 50 people to watch in SouthernCalifornia''s technology industry, and it was NOT an easy task. As we found last year, it''s a tough, unforgiving task to narrow down a list of the folks in SouthernCalifornia''s technology industry to just fifty to watch.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in SouthernCalifornia, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in SouthernCalifornia''s technology ecosystem. Getting to this list was not easy: we received over 700 nominations for people to be considered on the list, and it took a lot of work by our selection committee to whittle down the list to the finalists.
Steve Poizner: The Alliance is a new nonprofit, whose mission it is to bring together a lot of the amazing, unique assets of SouthernCalifornia. We are devoted to the mission of supercharging SouthernCalifornia's technology ecosystem, and help it emerge as a world class technology hub by 2025.
The Alliance for SouthernCalifornia Innovation said on Thursday that it is launching a new program, the SoCal Venture Pipeline. According to the company, the new program will provide companies that have demonstrated clear market traction and provides targeted introductions to venture funds.
The Alliance for SouthernCalifornia Innovation , the nonprofit founed by Steve Poizner to help bolster SouthernCalifornia's entrepreneurial ecosystem, said on Tuesday that it has named Andy Wilson as its first Executive Director.
Brock Pierce , the SouthernCalifornia angel investor who is one of the most active proponents and investors in Bitcoin and its startups, has made another investment in the space, leading an AngelList syndicate funding of ZipZap. The funding included Pierce''s AngelList syndicate, 500 Startups, and Blumberg Capital. READ MORE>>.
Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in SouthernCalifornia's high tech community. Today, we have Andy Wilson, Executive Director of the Alliance for SoCal Innovation (www.alliancesocal.org). What was the biggest news for you/your company this year?
Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. Despite a huge number of companies, we found there are a number which. Demand Media consistently popped up near number one in the list of "companies to work for" from our readers. Demand Media.
Fund size: $60M (Okapi Ventures III) Managing Directors: Marc Averitt, Sharon Stevenson, Jeff Bocan, John Waller Investment interests: Seed and early-stage companies in the technology and healthcare IT sectors and has also invested in medical device and medical diagnostic startups. so far in investments. Okapi Ventures. Fika Ventures.
SouthernCalifornia raised $2.96 By far, the biggest area of investment for SouthernCalifornia was for software investments, where there were 29 funding deals; other areas of activity included biopharmaceuticals (13 deals), business support services (12 deals), and consumer information services (10). READ MORE>>.
Think SouthernCalifornia''s tech industry is all about fashion, Hollywood, and content? Invoca CEO Jason Spievak echoed that, saying that investors are now realizing that cloud-based companies are able to deliver 90 percent plus gross margins, something that traditional software companies struggle to deliver.
A new program, run by the Alliance for SouthernCalifornia Innovation, is looking to connect startups with Series A funding, according to the group. According to the two, the program recruits and selects top SoCal-based startups that have demonstrated clear market traction and provides introductions to leading venture funds.
Validated , a new startup which offers up a mobile app which lets consumers earn transportation credits for parking, ridesharing, mass transit, and more for dining and shopping at stores, is in an expansion to SouthernCalifornia today.
Prologis, a major provider of third party logistics facilities, said it is making a major installation of electric charging infrastructure in SouthernCalifornia. The company said the move is part of its effort to support its customers transition to zero emissions transportation.
Anyone who someone managed to completely miss the last SpaceX launch in SouthernCalifornia--the UFO-report-spurring, traffic-stopping launch of a set of satellites in December --might want to get up a little early on Saturday morning, and look to the North and West.
Laguna Hills-based See Jane Go , a startup which operates a ridesharing service driven by, and which serves just women, has raised $2.47M in an angel funding, the company said Tuesday. Name of the investors in the company were not announced. SeeJane Go says it is specifically a "ride-hail option designed just for women."
Brock Pierce , the SouthernCalifornia technology investor and Bitcoin mogul, is leading a group of investors looking to take over failed Bitcoin exchange Mt. Pierce is a leading investor in SouthernCaliforniacompanies, and is one of the many investors here who have recently honed in on the opportunities in Bitcoin.
Today, we share the thoughts of Andy Wilson , Managing Director of the Alliance for SoCal Innovation (www.alliancesocal.org). What was the biggest news for you/your company this year? While 2018 was all about better understanding the SoCal opportunity, 2019 was about honing our focus and defining our core programs.
The Los Angeles-based company has a new residential solar plus energy storage program for homeowners in Queens that’s going to be rolled out in partnership with ConEd. We’ll cover every aspect of company building: Fundraising, recruiting, sales, product-market fit, PR, marketing and brand building.
j2 Global has quietly grown to become SouthernCalifornia's most acquisitive technology company, and has purchased dozens and dozens of companies in both the cloud services area, as well as in the Internet publishing space. j2 Global said these latest acquisition are not expected to be material to the company.
Uber said on Wednesday that drivers in SouthernCalifornia and Sacramento are now allowed to set their own price, as part of an effort by the company to show that its drivers are independent contractors and not employees.
A very long list of SouthernCalifornia's high tech companies are on the list of companies who have taken advantage of the Paycheck Protection Program (PPP) put into place by the United States, in an attempt to stem job losses from the ongoing pandemic.
The US Marine Corp says it is looking for companies in the SouthernCalifornia technology community to submit their proposals for ground sensors, to help the Marines develop "next generation" ground sensors for the battlefield. RF) using rapidly deployable sensors to provide accurate and real-time info from the field.
Russian private aviation holding company CJSC S7 Group’s purchase of Sea Launch, a rocket launch company that operates out of the Port of Long Beach, is making waves in the SouthernCalifornia aerospace industry, with a legal challenge by the Boeing Co. and concerns about the Russian company’s involvement.
Congratulations SouthernCalifornia Gelsons store shoppers, you’re getting Impossible Foods on your grocery shelves. The meatless ground meat substitute will be appearing in stores across the SouthernCalifornia as the first step in a phased nationwide rollout on Friday. late-night delivery item in the U.S.
Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice. New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the […].
Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.
We chatted with Wayne about how SURE--backed by IA Capital, Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant and AmTrust--is applying technology and working with, not against, insurance companies to make buying insurance something you can easily do with your smartphone or tablet. What is SURE? What's your background?
Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. “That worldwide reach is very important,” Grignon said.
Pelion Venture Partners , a venture capital firm based in Salt Lake City, Utah, is expanding its efforts into SouthernCalifornia, and has named Jeff Kearl as Managing Director in the region for the firm. Pelion has made investments in such companies as Domo, Redhat, Riverbed, MX Logic, and others.
Startups related to the many University of California campuses in SouthernCalifornia may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students.
From a partnership with the Russian company 3D Bioprinting Solutions to make chicken meat replacements using plant material and lab cultured chicken cells to an expansion of its Beyond Fried Chicken pilots to SouthernCalifornia, KFC is aggressively pushing forward with its experiments around the future of food.
A Los Angeles plumbing and water heater repair and installation company, Ritz Plumbing & Heating , said this morning that it has started accepting Bitcoin for purchases of its service, effective immediately. The company''s owner said the "timing felt right" for accepting Bitcoin.
Los Angeles-based j2 Global , which owns a large portfolio of Internet services, including such services as eFax, eVoice, Campaigner, Livedrive, as well as online media outlets like IGN, Mashable, PCMag, Everyday Health, and others, has acquired five more companies. READ MORE>>.
Los Angeles-based Internet information and services company j2 Global --one of SouthernCalifornia's largest yet most unknown technology companies--said this morning that it has acquired two more companies. The company said the deal will help grow its global customer base and provide it with access to new markets.
In another sign that SouthernCalifornia--and particularly, Santa Monica--is gaining further credibility as a recognized technology center: Philz Coffee , a coffee chain which is synonymous with being at the tech epicenters of Silicon Valley and San Francisco, is getting set to open up a new location in Santa Monica. READ MORE>>.
Los Angeles-based Internet services and publishing giant j2 Global has acquired two companies, saying this morning that it acquired Ekahau , a company in the digital media space, and Castle Connolly , a company in the digital media and healthcare industry. READ MORE>>.
The smash dockless scooter rental startup, Bird , is expanding beyond its SouthernCalifornia nest with a new rollout in San Francisco, San Jose, Calif. and Washington, DC, the company said today. The company’s services are already available in Los Angeles, San Diego and Santa Monica, Calif.
500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Giannini and her husband, Marco, previously operated a small chain of brick and mortar pet supply stores in SouthernCalifornia. READ MORE>>.
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