Los Angeles Business Journal


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

StyleHaul Acquired by RTL Group

StyleHaul, the multichannel network for fashion and beauty enthusiasts, has been acquired by existing investor RTL Group for $107 million, valuing the Hollywood MCN at $151 million.

Social Reality Raises $25 Million, Buys Steel Media

Internet advertising company Social Reality has announced $25 million in committed financing, a portion of which went toward acquiring New York digital ad firm Steel Media.

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Foreign Entrepreneurs Click in L.A.

TECHNOLOGY: Tapatalk joins wave rolling into Silicon Beach.

L.A.’s growing scene pushes all the right buttons for foreign-born tech entrepreneurs.

Venture Firm at Home With In-House Businesses

INVESTMENT: Zuma also says ‘studio’ model to offer chance at earlier exits.

New tech-focused capital firms home in on a “studio” model in which business ideas originate in-house.