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It seems LosAngeles 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 LosAngeles will elect a new mayor. I’d love to see a mayor in LosAngeles who does, too. In 2010 the City of LosAngeles 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%.
The two spent months pounding the pavement in LosAngeles 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.
Shopify , the provider of payment and logistics management software and services for retailers, has opened its first physical storefront in LosAngeles. The first brick and mortar location for the Toronto-based company, is nestled in a warren of downtown LosAngeles boutique shops in a complex known as the Row DTLA.
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 LosAngeles to San Francisco on a single charge. . Improvements to the suspension are also helping to increase performance.
Techstars LosAngeles , the local LosAngeles-focused branch of the global accelerator network, has named Matt Kozlov as its new managing director. Now, Kozlov turns his attention to the LosAngeles ecosystem broadly. and LosAngelesangel investor. and LosAngelesangel investor.
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 LosAngeles. Minkonet says it has now raised a total of $2.5M.
million in seed funding to begin building a manufacturing facility and expand its presence in LosAngeles as the city continues to grow as a hub for robotics and automation. . “LosAngeles is a great place for this, because we have a close relationship with Caltech and JPL,” according to Gross.
On Tuesday, Haptik announced it has acqui-hired Convrg, a LosAngeles-based startup that develops chatbots, to serve customers in North America. 60% of all software is bought in the U.S., Many players including Coca Cola, Oyo, Samsung, Tata Group, and KFC use Haptik’s chatbots in their customer support services.
That’s what the LosAngeles-based extended reality technology developer Talespin did — and it just raised $15 million to grow its business. . Farmers is an investor in Talespin, as is the corporate training and talent management software provider Cornerstone OnDemand, and the hardware manufacturer HTC.
The LosAngeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. The on-prem software market is four times larger than the SaaS market,” Miller said in a statement.
LosAngeles-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.
LosAngeles-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.
LosAngeles-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>>.
Open Raven , the LosAngeles-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. .
seems like an unlikely place to grow one of the next billion-dollar startups in the booming LosAngeles 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 LosAngeles.
Nuggetverse — LosAngeles-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 LosAngeles. -based professional digital community built for blue-collar workers.
Greenlots, which based in LosAngeles, 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.
Bonfire Ventures , a LosAngeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. That’s why we focus just on B2B software. Meanwhile, the companies continue to grow.
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.
Through the deal, PepsiCo has agreed to bankroll the first founder-in-residence program from the New York and LosAngeles-based firm, which poached former Techstars LosAngeles managing director Anna Barber to lead its new initiative.
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.
Is there a way to use software to ensure your employees are properly washing their hands? A LosAngeles-based technology company, Vitalacy, says it has created a product which provides automated hand hygiene monitoring.
LosAngeles-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.
LosAngeles- 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.
Making money on livestreams has never been easier thanks to a suite of tools from the LosAngeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. “The third piece is a developer ecosystem,” Evans said.
LosAngeles-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.
LosAngeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP.
LosAngeles-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.
LosAngeles-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.
LosAngeles-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.
Terry often took matters in her own hands if issues arose with stations located in LosAngeles, where she is based. “If there was a part that needed to be swapped out, I would just go do it myself,” Terry said, adding she didn’t have a background in software or repairs.
At the same time, LosAngeles-based trans activist Ashlee Marie Preston hosted a rally in solidarity with Netflix workers participating in the walkout. Netflix Senior Software Engineer Terra Field, who is transgender, tweeted a viral thread about the Chappelle special. Photo by Rodin Eckenroth/Getty Images).
DGene, a content creation company which has a team in LosAngeles, 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.
Meanwhile, in LosAngeles, a city struggling to manage several wind-fueled wildfires, the L.A.P.D. This week has been a good one for those who like to talk about the limits of technology. Over in the UK, a prankster managed to fool Trip Advisor into naming his shed the #1 ranked restaurant in London.
March Capital Partners , the LosAngeles-based venture capital firm, has raised $300 million for its latest fund. ” Primarily that means focusing mainly on enterprise software businesses,” Montgomery said. “We like data-driven business and two-thirds of our portfolio are AI driven.
LosAngeles-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.
LosAngeles-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.
Let me start with the obvious baseline that most people probably know instinctively: LosAngeles is the 3rd largest technology startup ecosystem in the US. What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies.
That includes the launch of its LosAngeles 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.
LosAngeles-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 is led by CEO and founder Patrick Kim, and says it is backed by The Ventures Co and angel investors.
The app, originally developed in LosAngeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership.
LosAngeles-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.
LosAngeles-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.
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