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West Hollywood Vacation Rental Outfit Raises $5 Million

L.A. Business Journal

AvantStay, a West Hollywood-based hospitality firm that provides short-term vacation rentals to groups, announced Dec. 19 it received $5 million in a round led by Menlo park investment firm Bullpen Capital.

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Fintech Launches Crypto Bank Account for Hispanics

L.A. Business Journal

A West Hollywood-based fintech announced the launch of a banking program Dec. 20 aimed at building Hispanic wealth through stakes in the crypto sector.

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Drone Crash Takes Out Power Grid In West Hollywood For Three Hours

socalTECH

For all of the promise and appeal of drone aircraft, the growing popularity of the unmanned aerial vehicles continues to cause unexpected problems--most recently, taking out the power to almost 700 customers of Southern California Edison in West Hollywood on Tuesday afternoon.

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The RealReal Launches First Bricks And Mortar Store, In West Hollywood

socalTECH

TheRealReal said it will open up a "concept store" in Los Angeles on Melrose Avenue in West Hollywood, where it will both offer up its luxury goods and also accept consignments. Online luxury consignment store The RealReal is making its foray into the retail market, with its first ever bricks-and-mortar, physical store, in Los Angeles.

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Namesake Bolsters Technical Team

socalTECH

West Hollywood-based Namesake , the real-time, conversation and community site founded by Brian Norgard and Daniel Gould, has started expanding its team, saying today that it has hired Jeff Potter to head up development and operations at the startup.

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Tinder Gets Endorsement, From Miss USA

socalTECH

A local startup, West Hollywood-based Tinder , looks to have attracted an interesting endorsement: Miss USA 2012 Nana Meriwether. Looking for a hot date? According to an interview with NYMag, Meriwether has been using Tinder since April to find dates in New York.

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LA Taxi Company Challenges Uber, Lyft, Sidecar

socalTECH

UITD--which is one of the companies working with competing smartphone app provider Flywheel to counter the other ridesharing companies--told the LA Weekly it has seen at least a drop of 30 percent in business from weekend club-goers in the South Bay and in West Hollywood. Image courtesy Bigstock.com. READ MORE>>.