Los Angeles Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Fullscreen Acquires Rooster Teeth

Culver City multichannel network Fullscreen said it would acquire online creative studio Rooster Teeth. Terms of the deal were not disclosed.

DogVacay Digs Up $25 Million

DogVacay, the site that vets dog-sitters for owners going out of town, has raised $25 million in a Series B round led by OMERS Ventures.

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Bit of Stretch

APPAREL: 20Jeans ditches name, $20 price tag as company looks to sew up more sales of its high-quality denim.

Newly renamed jeans maker DSTLD decided its previous $20 price point didn’t fit its expansion plans.

Smartphone Video App Winds Up Out of Picture

INTERNET: Pioneer Viddy to shut down, lost focus on social media to rivals.

Pioneering phone video app Viddy to call it quits after losing market to bigger competitors.

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L.A. Launch List: Nov. 7

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches. On this week's Launch List: 3BlackDot, textPlus, Thrive Market and more.

MiTú Goes on TV

MiTú, the Latino-oriented multichannel network based in Culver City, is adapting two of its online series for television through a partnership with Spanish-language TV channel Discovery Familia.

3BlackDot Launches Multichannel Network

3BlackDot, an influencer-driven entertainment production company, has launched a multichannel network called Jetpak to try and put content creators’ ad money back in their pockets.

StyleHaul Hires SVP for Strategic Partnerships

Fresh off a nine-figure exit, StyleHaul is already buckling down on e-commerce.

FloQast Raises $1.3 Million

FloQast, a software platform designed to help accountants close their books, has raised $1.3 million.

USC Opens Blackstone LaunchPad

USC has officially opened a Blackstone LaunchPad on its campus to help would-be student entrepreneurs hone their skills before starting their own businesses.

Aggregage Raises $1 Million

Aggregage, an online publisher of business-to-business sites, has raised $1 million in a convertible note round.

Fullscreen’s Viddy to Shut Down

Venice social video app Viddy was once celebrated as the “Instagram for video,” a Facebook-friendly application valued at $370 million after a $30 million funding round in 2012.

Ease Entertainment Finds Bison Capital Investment

Ease Entertainment Services, a Beverly Hills payroll and software services firm, has received an investment from Santa Monica’s Bison Capital Partners.

Intel Sounds Out Investment in Audyssey

Audyssey, an audio technology research developer, has received an investment from Intel Capital to help improve the audio performance of its desktop computers, laptops and tablet PCs.

Sean Rad is Out as Tinder CEO

Tinder founder Sean Rad will step down from his role as chief executive, according to Forbes.