L.A. Business Journal

JULY 26, 2021

Snap Inc. continues to post impressive financial gains, logging a record 116% increase in year-over-year revenue for the second quarter.

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socalTECH

JULY 28, 2021

Santa Monica-based Inspire Energy Capital, a provider of renewable energy to the residential market, has been acquired by oil and gas giant Shell, the companies said Tuesday afternoon. According to the companies, Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, which is jointly headquartered in Santa Monica and Philadelphia.

Capital 203

Capital Santa Monica Acquisition Equity 203

Tech.Co

JULY 29, 2021

As the world slowlyachieves successful Covid vaccine rollouts, tech giants Netflix, Google, and Facebook are now seeking to keep their employees safe by imposing strict vaccine mandates within their US workplaces. Debate is raging across the US about the requirement for vaccines – not least on Facebook itself – but the tech trendsetters are insisting that their own staff are fully vaccinated before returning to work.

Netflix 185

Netflix Google Hollywood Demand 185

Startup Professionals Musings

JULY 24, 2021

Every entrepreneur realizes that change is now the norm, and they have to adapt their business quickly to survive and prosper. In fact, the best entrepreneurs seem to see breakthrough changes coming even before they really happen, and are able to turn them into huge new opportunities. In the trade, this rare capability is called the ability to see around corners.

Entrepreneur 173

Entrepreneur Summary Patents Examples 173

Advertiser: Aggregage

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.

Company

L.A. Business Journal

JULY 26, 2021

Tetra Tech Inc. was awarded a $49 million contract to promote biodiversity conservation and climate resilience efforts in West Africa.

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Berkonomics

JULY 29, 2021

This is a trick headline. . There can be three “whys” or twenty, depending upon the issue and the responses. To make the point, the word “why” has to be one of the more powerful words in your vocabulary. Asking the question forces the other person to think beyond the usual “what” that generated your first “why.”. It sure is a way to get to the bottom of an issue. .

Resource 156

Resource Email Marketing Help 156

Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. In other words, the entrepreneur quality is more important than the idea -- in investor jargon, people invest in the jockey, and not the horse.

Entrepreneur 165

Entrepreneur Mentor Ideas Invest 165

L.A. Business Journal

JULY 26, 2021

Christopher Wilkinson noticed that over the past few years dogs were going from “shed to bed” as more people started treating their pups like members of the family.

Company 130

Company Companies 130

SoCal Tech Calendar

JULY 27, 2021

Wednesday, July 28, 2021 -- Viterbi Startup Garage Oceanside Chat. Crossing the fundability gap + Summer Smasher Student Showcase. Most startups come to early stage VCs and angels woefully unprepared for equity funding. What will successfully garner you non-dilutive financing is not the same as what makes a startup a venture fundable opportunity. Join Genevieve LeMarchal at the next Oceanside Chat at USC Viterbi Startup Garage to learn the most common areas that entrepreneurs overlook when seeki

Startup 100

Startup USC Equity Entrepreneur 100

socalTECH

JULY 30, 2021

Los Angeles-based influencer marketing software provider CreatorIQ said this week that it has named Max Powers as the company's new Chief Customer Officer. Powers was most recently SVP, Business Operations at TeleSign. Powers also previously served at General Manager of Vantage Media, where the company said she ran the Education division of the business, as well as building the company-wide Customer Success organization.

Customer 113

Customer Custom Education Los Angeles 113

Startup Professionals Musings

JULY 30, 2021

The recent pandemic was a strong signal for change, and I see most of you entrepreneurs and business owners responding to the business changes required and new opportunities presented. Unfortunately, in my role as business advisor , I don’t see the same response to more common weak signals , like the move to phone texting instead of voice, or politics invading social media.

Marketing 162

Marketing Social Media Metrics Customer 162

L.A. Business Journal

JULY 26, 2021

Santa Monica-based education technology platform Numerade Labs Inc. raised $26 million in Series A funding for its artificial intelligence-driven tutoring platform.

Artificial Inteligence 130

Artificial Inteligence Santa Monica Education Platform 130

SoCal Tech Calendar

JULY 24, 2021

Friday, July 30, 2021 -- Datacon LA Startup Showcase Deadline. Data Con LA, in partnership with TenOneTen Ventures, invites you to submit your startup pitch at our 2021 virtual Startup Showcase. Prizes awarded! The deadline for submission is July 30th. See [link].

Startup 100

Startup 100

socalTECH

JULY 30, 2021

Irvine-based analytics software developer Alteryx is expanding an existing relationship it has with accounting and consulting giant PwC, saying Thursday that the two are in a global expansion of a partnership they announced in February of 2020. Alteryx said the deal brings its analytics and data science automation tied into PwC's services and technologies.

Software Development 113

Software Development Software Services Technology 113

Startup Professionals Musings

JULY 25, 2021

Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Yet truly disruptive innovations, like the smartphone from Apple and the rise of the Internet, are very rare, and are generally unpredicted. So why would any investor ever believe any of these claims?

Technical Review 157

Technical Review Entrepreneur Marketing Customer 157

L.A. Business Journal

JULY 26, 2021

Openpath Security Inc., a cloud-based mobile access control provider based in Culver City, has been acquired by telecommunications giant Motorola Solutions Inc.

Culver City 130

Culver City Mobile Technology 130

AllTopStartups

JULY 30, 2021

As of 2021, an astounding 2.14 billion people shop online. That’s an incredible 900 million more digital shoppers than there were in 2020. The US alone boasts 230 million online… The post Is Paid Search Advertising Worth It for Businesses? appeared first on AllTopStartups.

Paid Search 98

Paid Search Advertising Google Marketing 98

socalTECH

JULY 30, 2021

San Diego-based TuSimple, which is developing a fleet of autonomous trucks, says it has linked with Ryder, where the two will look to leverage Ryder's fleet maintenance facilities as terminals for TuSimple's fleet of autonomous vehicles. TuSimple says that at the moment, it has more than 50 autonomous trucks which are moving freight across Arizona, New Mexico, and Texas.

San Diego 113

San Diego Develop Development 113

Startup Professionals Musings

JULY 26, 2021

Intuitively, many entrepreneurs and businesses believe that the key to faster growth and success is more products, features, and markets. Since we all have limited resources, and can’t add more hours to the day, the result is usually more things done poorly, rather than a few key things done better than anyone else. Every advisor and investor will tell you to keep your focus or spotlight.

Startup 154

Startup Resource Entrepreneur Metrics 154

L.A. Business Journal

JULY 26, 2021

Poparazzi, a photo sharing app developed by Marina del Rey-based TTYL Inc., is among this year’s most hyped social media startups.

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Marina Del Rey Social Media Media Startup 130

AllTopStartups

JULY 27, 2021

One of the first and most daunting questions every entrepreneur faces is “how much does it cost to start a business?” And the truth is, there’s no one-size-fits-all answer. Every… The post How Much Does It Cost to Start a Business? A Complete Guide appeared first on AllTopStartups.

Guide 98

Guide Entrepreneur 98

socalTECH

JULY 30, 2021

Los Angeles-based electric vehicle maker Fisker Inc. says it will be making a $10M investment in a European electric vehicle charging network operator, Allego B.V., as part of a special purpose acquisition company (SPAC) merger between Allego and Spartan Acquisition Corp. III. According to Fisker, it will invest $10M in the PIPE. Allego operates more than 26,000 public EV charging ports across 12,000 public and private locations in 12 European countries.

Invest 113

Invest Networking Acquisition Los Angeles 113

SoCal Tech Calendar

JULY 29, 2021

Wednesday, August 4, 2021 --.

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socalTECH

JULY 29, 2021

San Diego-based marketing software developer SOCi annoucned on Thursday that it has acquired Brandify, a provider of location-based digital marketing. Financial terms of the deal were not announced. According to SOCi, the deal will add additional functionality to its platform. SOCi is led by CEO Afif Khoury, and is backed by JMI Equity. The company recently raised $80 From JMI Equity.

San Diego 113

San Diego Equity Software Development Platform 113

socalTECH

JULY 29, 2021

Long Beach-based Rocket Lab has successfully launched a military satellite back into space, on a quick recovery from a failed mission in May. The launch--for the U.S. Space Force--launched at 6pm NZ time from New Zealand. The satellite, called "Monolith", is an experiment designed to see if a large, deployable sensor which is a "substantial fraction of the total mass of the spacecraft" can be used to maintain spacecraft attitude control.

Long Beach 113

Long Beach Design 113

socalTECH

JULY 29, 2021

Santa Monica-based mindfulness and meditation app developer Headspace said on Wednesday thati thas named Krithika Swaminathan as its new Chief Technology Officer. Swaminathan was most recently Vice President for Artificial Intelligence at Intuit. She also previously served as Vice President of Platform Engineering for the Consumer Group (TurboTax, Turbo, Mint), and Vice President for Site Reliability, Security and Quality Engineering for Intuit Platform.

Artificial Inteligence 113

Artificial Inteligence Chief Technology Officer Santa Monica Platform 113

socalTECH

JULY 29, 2021

In a sign of growing concern over lagging vaccination rates driving a new surge of COVID-19 cases in the United States, Netflix said this week that it will now require actors and others on productions to be vaccinaed. The news apparently will make netflix the first Hollywood studio to put in place broad vaccination requirements. The move comes as Twitter has delayed return to its offices in San Francisco and New York again due to the spiking case rate, and Google--which also has substantial oper

Netflix 113

Netflix Product Hollywood News 113

socalTECH

JULY 29, 2021

Playa Del Rey-based gaming studio That's No Moon Entertainment--created by game designers from Sony, Naughty Dog, and Activision--has raised $100M in an investment round, the company said this week. The funding came from Smilegate, a South Korean gaming company knokwn for the title "CROSSFIRE". The founders of the company include Taylor Kurosaki and Jacob Minhoff, both of whom have served at Infinity Ward and Naughty Dog.

Playa Del Rey 113

Playa Del Rey Entertainment Activision Design 113

socalTECH

JULY 29, 2021

Westlake Village-based warehouse robot developer inVia Robotics, which is led by Lior Elazary, says that it has raised $30M in a Series C funding round. The funding came from Microsoft's venture capital fund, M12, as well as Qualcomm Ventures, Hitachi Ventures, the corporate venture arm of Hitachi, Ltd., and prior investors Point 72, Upfront, and Embark.

Westlake Village 113

Westlake Village Commerce Venture Capital Funding 113

socalTECH

JULY 28, 2021

Electric vehicle maker Rivian is planning to spend $5 billion on a second, electric vehicle plant, according to a report from Reuters, based on a leaked document. According to the report, Mesa, Arizona might be under consideration for the plant. Plans for the new plant have not been confirmed by Rivian, which was started and has significant operations in the Irvine area.

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Report Pricing Funding Company 113

socalTECH

JULY 28, 2021

Long Beach-based Rocket Lab is getting set for a launch for the U.S. Space Force (USSF), in a few short hours, on Thursday in New Zealand, according to the company. The company said it is launching a research and development satellite into low Earth orbit (LEO) from its launch complex in New Zealand. The company said the Monolith demonstration satellite will explore and demonstrate the use of a deployable sensor, where the sensor's mass is a substantial fraction of the total mass of the spacecra

Long Beach 113

Long Beach Research Develop Development 113

socalTECH

JULY 28, 2021

Thousand Oaks-based Amgen said on Tuesday that it will pay $900M for Teneobio, a biopharmaceuticals company which is developing treatments for patients with cancer. According to Amgen, the all cash $900M deal also includes future contingent milestone payments worth up to an additional $1.6 billion in cash. Teneobio has a variety of early-stage oncology assets, including a Phase I bispecific antibody for patients with advanced prostate cancer, according to Amgen.

Thousand Oaks 113

Thousand Oaks Develop Development Company 113

socalTECH

JULY 28, 2021

Employees of Los Angeles-based Activision Blizzard as planning a walkout today, in protest of what they say is the company's history of sexual harassment, and its poor handling of the situation. According to the employee group, it is holding a walkout to "improve conditions for employees at the company, especially women, and in particular women of color and transgender women, nonbinary people, and other marginalized groups.

Activision 113

Activision Demand Los Angeles Angel 113

socalTECH

JULY 27, 2021

Santa Monica-based car advertising technology developer Adway recently announced it has raised $6M in funding for a new, hardware-driven car advertising network, which uses images projected on the sides of a driver's car to gain exposure for advertisers. The funding was led by Upfront Ventures, and also included Revel Ventures, Watertower Ventures, Inflection Capital, and others.

Advertising 113

Advertising Santa Monica Networking Capital 113

socalTECH

JULY 27, 2021

Culver City-based Replicated, a developer of a container-based platform which makes it easier for software vendors to deploy cloud native applications inside customers'​ environments, has raised $50M in its Series C funding, the company said Tuesday. The funding was led by Owl Rock, a division of Blue Owl Capital, and also included Lead Edge Capital, Headline and existing investors including Two Sigma Ventures, Amplify Partners, BoldStart, Ridgeline, and Heavybit.

Culver City 113

Culver City Software Platform Customer 113

socalTECH

JULY 27, 2021

Los Angeles-based solar power developer 8minute Solar Energy, which develops solar power and battery storage plants, said yesterday that it has named Jennifer Arasimowicz as the company's new General Counsel. Arasimowicz was previously Executive Vice President, General Counsel, Chief Administrative Officer, and Corporate Secretary at FuelCell Energy, and also has served at Total Energy and Shipman & Goodwin, LLP. 8minute Solar Energy says it has so far put 2 GW of solar projects in operation and

Los Angeles 113

Los Angeles Develop Development Angel 113