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Eli Horowitz

Stories by Eli

Bird’s San Francisco Operations Up in Air

Last-mile scooter outfit faces cease-and-desist order as city reviews permits

Santa Monica-based Bird is back in the news now that the city of San Francisco has decided to require that “last-mile” scooter-sharing companies apply for permits or face penalties.

Snap Replaces CFO With Amazon Vet

Shares continue to dip as number of new users for messaging app disappoint

Snap’s CFO out; Amazon’s former VP in.

Silicon Beach Report May 17: Hulu Inks Deal with Vice

Hulu inks deal with Vice; CUJO AI lands Series B; Los Angeles to receive Verizon 5G before 2019.

Silicon Beach Report May 16: Quarterback Gets $2.5 Million to Boost E-Sports Efforts

Quarterback gets $2.5 million to boost e-sports efforts; European Court rules against Netflix; Block 5 returns unscathed.

Silicon Beach Report May 15: Atom Tickets Inks Deal with Landmark Theatres

Atom Tickets inks deal with Landmark Theatres; Ride Share companies waive arbitration for sexual misconduct cases; Tinder gets settlement from Tantan.

Silicon Beach Report May 14: U.S. Supreme Court Legalizes Sports Betting

U.S. Supreme Court legalizes sports betting; Snap Inc. officially tweaks App; Facebook suspends 200 Apps.

U.S. Supreme Court Legalizes Sports Betting

The United States Supreme Court ruled by a vote of 6-3 to lift the federal ban on sports betting and put the matter at the hands of each state. The ruling gets rid of a 1992 law that made sports betting outside of Nevada, as well as a few other exceptions, illegal.

Silicon Beach Report May 11: SpaceX Launches Block 5 on Second Try

SpaceX launches Block 5 after aborting Thursday; Millenials have strong feelings over Snapchat redesign; Overwatch Finals moved to Brooklyn.

Silicon Beach Report: Uber to Test Air Taxis in Los Angeles

Uber to test air taxis in Los Angeles; Snapchat hosts Creators Summit; Arrowroot pours $38 million into ClickFox.

Silicon Beach Report May 9: Ring Launches Neighbors App

Ring launches Neighbors app; SpaceX Block 5 strives for reusability, Cornerstone OnDemand adds to board.

Silicon Beach Report May 8: ServiceTitan Among Top 25 Cloud Companies to Work For, Report Finds

ServiceTitan named Top 25 cloud company to work for; Fandango and Atom Tickets partner with

Silicon Beach Report May 4: Google Partners with Fandango

Google partners with Fandango; Layoffs at Uproxx Media Group; lawmakers call for diversity in tech.

Lynwood App Developer Sets Expansion Plans

Startup to use funds from Sequoia to add 50 workers, target drivers outside state

Trucking app developer gears up to hire and expand on the tail of a recent funding round.

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Startup’s Sales Pitch: Smart Billboards

TECHNOLOGY: Data gleaned from passersby key

Manhattan Beach-based startup Accretive Media sees enormous potential in a blend of Bid Data and smart billboards.

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Silicon Beach Report May 3: Hulu Hits 20 Million Subscribers

Hulu hits 20 million subscribers; eHarmony data scientist hired by Facebook; On-Demand car wash coming to Los Angeles.

Silicon Beach Report May 2: Soothe Raises $31 Million, Heads to Vegas

Soothe raises $31 million, heads to Vegas; Snap doubles down on redesign; SpaceX commercial missions delayed.

Silicon Beach Report May 1: Snapchat Stock Plummets

Snapchat stock plummets; Apple stock rises; Tech recycler sentenced to 15 months.

Silicon Beach Report April 30: LeaseLock Lands $10 Million

LeaseLock lands $10 million; Disney inks deal with Twitter; Hyperloop for cargo in the works.

LeaseLock Lands $10 Million

Marina Del Rey-based LeaseLock, an insurance startup that eliminates the security deposit for renters in exchange for a minimum $19 monthly payment, announced a $10 million Series A funding round.

Belkin Buy Raises $866M Question

TECHNOLOGY: Key Apple supplier aims to diversify

What may have motivated Foxconn’s recent purchase of Belkin International?

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Silicon Beach Report April 26: Snapchat Releases $150 Dollar Sunglasses

Snapchat drops $150 sunglasses; Kino Industries partners with Fox for “Choose Your Own Adventure” film; GDC Technology announces “Netflix for Cinema.”

Silicon Beach Report April 25: Next Trucking to Hire 50 Employees

Next Trucking to hire 50 employees; RealD inks extension with Cinemark; Bot bill passes next test.

Silicon Beach Report April 24: Reliam Acquires Stratalux

Reliam acquires Stratalux; Aviron bets on interactive movies; ICX Media opens Los Angeles office.

Reliam Acquires Stratalux

Reliam, a South Bay-based company that manages public cloud platforms for other businesses, announced it has acquired Stratalux, another South Bay-based cloud services company. Both Reliam and Stratalux work with Amazon Web Services and Reliam also works with Microsoft Azure.

Silicon Beach Report April 23: Netflix to Raise another $1.5 Billion for Original Content

Netflix to raise another $1.5 billion for original content; Postmates creates 2,000 jobs in Los Angeles; Boeing invests in Morf3D.

Ares Management Closes Real Estate Deal in Europe

Ares Management, a Los Angeles-based asset management company, added 159,000 square meters of office space across seven properties in Germany, the Netherlands, Austria and Finland to its real estate portfolio. The company declined to disclose the purchase price.

Silicon Beach Report: Saviynt Raises $40 Million

Saviynt raises $40 million; Snoops Dogg’s Casa Verde invests in Green Bits; USC earns top-10 spot for video game development programs.

USC Among Top 10 Universities for Video Game Development Programs

The University of Southern California ranked No. 2 on a list of top 10 universities for video game development programs, according to Sherman Oaks-based 80 Level, an online publication covering the gaming industry.

Lobbyists, PR Shops Up, Ad Agencies Dip

COMMUNICATIONS: Strong economy, tax revenue keys

How L.A. advertising, lobbying and public relations firms performed in 2017.

Online Orders Bring New Tech to Old Eatery

Canter’s Deli heir confronts online order frenzy with new streamlined app

Canter’s Deli has been a Los Angeles staple since 1931 and still serves the classic fare that helped make the restaurant an iconic Los Angeles hangout.

Surf Air Adds 20 Global Destinations to Offerings

Surf Air, the Los Angeles-based airline that offers unlimited flights for a monthly subscription, announced partnerships with JetClass and BLADE, giving customers access to additional domestic and international locations.

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Silicon Beach Report April 19: TheWaveVR Raises $6M for L.A. Office

TheWaveVR raises $6 million for Los Angeles office; PatientPop adds to leadership team; Snapchat seeks boost in advertisement revenue with Shoppable AR.

Silicon Beach Report April 18: Tala Raises $65M to Move into Mexico, India

Tala raises $65 million to move into Mexico and India; Hyperloop lands deal for first commercial Hyperloop system in UAE; j2 Global acquires ThreatTrack, Lifescript.

PMK*BNC CEO Michael Nyman to Leave Firm for New Venture

PMK*BNC, the largest public relations firm in Los Angeles, according to the Business Journal’s 2018 list based on number of employees in L.A. County, announced that Michael Nyman, the current co-chief executive and co-chairman, will be leaving the firm to start Acceleration, an investment and advisory firm focused on marketing and media. No timetable has been announced for his departure.

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Silicon Beach Report April 17: AppOnboard Raises $15 Million in Series A Funding Round

AppOnboard raises $15 million in Series A funding round; San Francisco to Bird: ‘Cease and desist;’ Elon Musk’s Boring Co. raises $112.5 million.

AppOnboard Raises $15 Million in Series A Funding Round

AppOnboard, a Los Angeles based mobile technology platform that creates demos for apps, announced a $15 million Series A round led by Korea Investment Partners (KIP) with contributions from Mirae Asset Management, Mantaray, MTG and Runa Capital. The capital infusion brings their total funding to $20 million.

Silicon Beach Report April 16: SpaceX to Build Big Falcon Rocket

SpaceX to build Big Falcon Rocket; Bridg acquires Relevant Mobile; bill to identify bots passes Senate Committee.

Garcetti Announces SpaceX Will Build Big Falcon Rocket at Port of L.A.

Mayor Eric Garcetti announced April 16 during his state of the city address that Elon Musk’s SpaceX will start building the largest rocket ever, Big Falcon Rocket (BFR), on Terminal Island in the Port of Los Angeles.

Silicon Beach Report April 13: Too Many Robots for Elon Musk

Too many robots for Elon Musk;SpaceX worth $25 billion; Fika Ventures pours $8 million into PullRequest

Silicon Beach Report April 12: L.A. Seed Funding up from Q1 2017

L.A. seed funding up from Q1 2017; Amazon drops price of Ring Doorbell; Former Sony CEO Andrew House joins KEYPR’s advisory board.

Amazon Drops Price of Ring Doorbell

Amazon.com Inc. didn’t waste any time dropping the price of Ring Inc.’s video doorbell to $99.99 from the prior retail price of $149.99. The announcement came on April 12 at the same time Amazon and Ring officially closed the $1 billion acquisition.

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Silicon Beach Report April 11: Hulu and Spotify Announce Bundle Subscription

Hulu and Spotify announce bundle subscription; Facebook made $40 billion in ad revenue in 2017; Snap Inc. files FCC documents for next-generation sunglasses.

Silicon Beach Report April 10: Poll Shows Facebook Least-Trusted Tech Company

Poll shows Facebook least-trusted tech company; Hulu partners with NHL; Amazon bringing Whole Foods grocery delivery to Los Angeles.

Silicon Beach Report April 9: Uber Acquires Jump

Uber acquires Jump; SPIDR raises $2.5 million; Flyr adds $1 Million.

Spring Labs Forms Advisory Board

Less than a week after announcing a $14.75 million fundraising round, Spring Labs announced the creation of an advisory board to help them grow the Spring Network, a decentralized blockchain platform that enables lenders, data providers and banks to exchange identity and credit information securely.

Silicon Beach Report April 6: Netflix Makes Offer to Buy L.A. Billboard Company

Netflix makes offer to buy L.A. billboard company; car-sharing app moves into Los Angeles; Postmates and DoorDash mulling merger.

Plumbers App as Next Unicorn?

TECHNOLOGY: Glendale pair ply “least sexy” trade

Business app for plumbers and electricians raises $62M, plans to staff up.

Banking Overdraft App Raises $13.3 Million

Dave Inc. investors include Mark Cuban, adds new features

Personal budgeting app lands $13.3M in funding from Mark Cuban, Section 32.

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Silicon Beach Report: Aerospace gets $2.85M, from NASA; PeerStreet Raises $29.5M

PeerStreet raises $29.5 million in Series B; Aerospace Corp. gets $2.85 million grant from NASA; Waze causing accidents on Echo Park’s Baxter Street.

PeerStreet Closes Series B at $29.5 Million

El Segundo-based PeerStreet, a platform for investing in real estate-backed loans, announced a $29.5 million Series B funding round, led by World Innovation Lab. The round also includes existing investors Andreessen Horowitz, Thomvest, Colchis Capital, Felicis Ventures, Solon Mack and Navitas Capital. The company said it will use the money for hiring and to add new types of real estate loans.

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