• Thursday, January 19, 2017

    Hyperloop One Names New CFO, Aims At New Funding Round

    Los Angeles-based HyperLoop One, the advanced transportation technology developer led by Rob Lloyd, has named Brent Callinicos as its new Chief Operating Officer and Chief Financial Officer, the company said Thursday. Callinicos has been serving as a strategic advisor to the company since October. In an interview with the WSJ, Callinicos said he is coming on board as the company gears up for another funding round....More →

     
  • Thursday, January 19, 2017

    Two Bit Circus Adds $15M, Plans LA Amusement Park

    Los Angeles-based Two Bit Circus, the STEM-focused, entertainment company led by Brent Bushnell, has raised $15M in a Series B funding round, the company said Thursday morning. The funding was led by JAZZ Venture Partners, and also included Foundry Group, Techstars Ventures, and Intel Capital plus new investors Dentsu Ventures, Georgian Pine and others....More →

     
  • Thursday, January 19, 2017

    How Amavitae Wants To Help Youth Find A Career They'll Love


    For today's youth, it's often hard to figure out what they want to do in life--according to Deborah Ramo, Founder and CEO of Los Angeles-based Amavitae (www.amavitae.com). To help fix that, the startup has created a mobile app to guide people through their strengths, interests, key skills, and more to guide them along the way to a career they'll love....More →

     
  • Thursday, January 19, 2017

    Report: Price For Faraday Future's FF91 Nearly $300,000

    Los Angeles-based electric car maker Faraday Future rolled outs its first production vehicle, the FF91, at CES earlier this month, but had not announced pricing. However, a new report says that LeEco CEO Jia Yueting has said that the new FF91 will cost "less than $300,000"--a staggeringly high price tag for an electric vehicle. Faraday Future has not officially announced the expected pricing for the vehicle....More →

     
  • Thursday, January 19, 2017

    MATCHCo Acquired By Shiseido

    MATCHCo, a developer of a mobile app which helps users match their skin tones to cosmetics, has been acquired by Japanese cosmetics firm Shiseido. MATCHCo had its marketing and operations in Santa Monica, with engineering in Palo Alto. Financial terms of the acquisition were not announced. MATCHCo was founded by Dave Gross and Andy Howell in 2013, and launched its first app in November of 2015. Shiseido said that MATCHCo will remain based in California....More →

     
  • Wednesday, January 18, 2017

    Famous Birthdays In Growth Mode

    Los Angeles-based Famous Birthdays, which operates an online service which lets you look up the birthdays of famous people and read profiles of those celebrities, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office. The startup, which recently relaunched its website to add video on its many profiles, is led by Evan Britton....More →

     
  • Wednesday, January 18, 2017

    Exactly Me Looks To Connect You With People Exactly Like Yourself

    Los Angeles-based Exactly.me, a new, photo-driven messaging startup, has launched an app which looks to connect people who meet people who are "exactly like you"--or at least, who are very like-minded. According to the startup, it is looking to rise beyond the many message apps that just communicate with people you know, and instead helps people discover other like-minded individuals, helping strangers become friends....More →

     
  • Wednesday, January 18, 2017

    TeamDom Raises $1M For Influencer Marketing

    Los Angeles-based TeamDom, a new startup started by 19-year old social media star Jake Paul, disclosed today that it has raised $1M in a funding round. The round was led by Danhua Capital, and also included Edward Lando, Gary Vaynerchuk, Abe Burns, and Adam Zeplain. Jake Paul--a Disney star who played Dirk on The Disney Channels "Bizaardvark"-- says he has 15.5 million followers....More →

     
  • Wednesday, January 18, 2017

    ServiceNow Buys DxContinuum

    ServiceNow, the developer of cloud-based, enterprise software for service management which has a big office San Diego, announced this morning that it has acquired DxContinuum, a developer of machine learning software. Financial details of the all-cash deal were not announced. DxContinuum was led by Debu Chatterjee, and was based in Fremont, California. DxContinuum was backed by Cequel III, LLC....More →

     
  • Wednesday, January 18, 2017

    Hyperloop Transportation Technologies In Exploratory Deal With Czech City

    Playa Vista-based Hyperloop Transportation Technologies (HTT), one of the Los Angeles companies working on technology to bring Elon Musk's concept of a high speed transportation system to market, said this morning that it has signed an "exploratory agreement" with the city of Brno, Czech Republic. HTT said that the agreement will explore feasibility of a Hyperloop system to connect Brno and Bratislava, Slovakia, as well as a "vision" for connecting the city to the Czech capital of Prague....More →

     
  • Wednesday, January 18, 2017

    OroCommerce, Founded by Magento's Founders, Launches Ecommerce Platform

    West Hollywood-based OroCommerce, a new startup founded by Magento's Yoav Kutner and Roy Rubin, said today that it has launched a new e-commerce platform specifically aimed at B2B e-commerce. The new software is epcifically aimed at helping companies manage corporate accounts and buyer-seller relationships, managing price lists and catalogs, automating business workflows, and more, according to the company....More →

     
  • Wednesday, January 18, 2017

    FTC Charges Qualcomm With Anticompetitive Practices

    The Federal Trade Commission has charged San Diego-based Qualcomm with using anticompetitive tactics to maintain its monopoly in baseband processors used in cell phones, the FTC announced on Tuesday, specifically citing Qualcomm's licensing behavior with Apple. According to the FTC, Qualcomm has used its dominant position as a supplier of baseband processors to impose "onerous and anticompetitive" supply and licensing terms on cell phone manufacturers....More →

     
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