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Samson Amore

Stories by Samson

USGS Awards $2.2 Million to Caltech for Earthquake Warning System

The U.S. Geological Survey has awarded $2.2 million to Caltech for additional development on ShakeAlert, an earthquake early warning system.

Echo Fox Exits Riot Games Championship League

Esports team owner Echo Fox has forfeited its role as a competitor in Riot Games Inc.’s lucrative “League of Legends” League Championship Series after failing to sell the spot to another bidder.

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March Capital Leads $51 Million Funding Round in AI Company Uniphore

Santa Monica-based venture investors March Capital Partners led a $51 million Series C round for conversational artificial intelligence developers Uniphore Software Systems Private Ltd.

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SoftBank Vision Fund Invests $110 Million in Idea Lab's Energy Vault

Renewable energy storage firm Energy Vault, a portfolio company of Pasadena's Idea Lab, received a $110 million investment from SoftBank Vision Fund to scale its operations and expand into international markets.

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Advertising Tech Firm Lucidity Raises $5 Million

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support.

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Singularity Six Snags $16 Million

Andreessen Horowitz led a $16.5 million Series A funding round for Sawtelle-based online multiplayer game developer Singularity 6 Corp., which will use the cash to develop its first fantasy multiplayer game.

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PowerPlant Raises $165M

Firm aims to cultivate healthy food startups

Firm aims to cultivate healthy food startups

Snap to Sell $1 Billion in Debt Notes

New funding to be used for possible acquisitions

New funding to be used for possible acquisitions

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Profits Slide at Activision as Competitors Gain Ground

The Santa Monica-based video game publisher behind popular games such as “Call of Duty” and “Overwatch” saw its profits decline more than 18% from this time last year, reporting a net income of $328 million.

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Stamps.com Profit Plunges After Ending Postal Service Partnership

In its first quarterly earnings report since terminating the agreement, Stamps.com posted a net income of $14 million, down 69% from $45.5 million this time last year.

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Postmates is Arriving at Dodger Stadium

The Los Angeles Dodgers named San Francisco-based mobile app Postmates Inc. as a concessions partner — bringing the ease of food pickup into the stadium.

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Tinder Parent Cos. Sued by Former Communications Director

A former executive at West Hollywood headquartered dating app developer Tinder Inc. filed a lawsuit Monday alleging she was sexually assaulted by Gregory Blatt, the company's former CEO.

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Romeo Power Raises $4 Million for Electric Battery Venture

Vernon-based manufacturer Romeo Systems Inc. said Aug. 5 it secured a $4 million investment from HG Ventures to further develop energy-efficient lithium ion batteries.

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Boingo Reports Record Revenue with New Locations, Access Fees

Profits were roughly $216,000 for Boingo Wireless Inc. in the second quarter but the Wi-Fi provider added 10 new internet service locations, setting a quarterly revenue record including about $10 million in access fees.

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Stackin Raises $4 Million for Banking Platform

Venice-based Stackin Inc., a startup that offers financial planning advice via text message, has finalized a $4 million Series A raise to build out its platform and grow operations.

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Loot Crate Closes Warehouse, Lays off 150 Workers

Lincoln Heights-based retailer Loot Crate Inc., which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month.

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Ordermark Raises $18 Million to Expand Business

Alex Canter, the heir to one of Los Angeles’ most dominant delicatessens, raised an $18 million Series B for Ordermark Inc., his online food ordering and delivery platform.

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Silicon Beach Report July 24: Bryant Stibel Backs Tile

Snap stock on the upswing; Tile gains $45 million; FanDragon raises seed round

Silicon Beach Report July 23: Revenue Rises at Snap

SpaceX resupplies International Space Station; WeRecover uses apps to treat addiction; Snap beats expectations in Q2

Snap Beats Earnings Expectations Again

Snap Inc. posted second quarter earnings today, continuing its trend of beating analyst expectations for revenue and trimming losses.

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Tapcart Raises $4 Million Seed Round, Led by Greycroft

Software developer Tapcart Inc., based in Santa Monica, announced it completed a $4 million seed round led by venture firm Greycroft.

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Chatbot Startup Convrg Joins Haptik

Chatbot developer Convrg is merging with Haptik, a New York-based artificial intelligence company.

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Radiology Partners Raises $700 Million

El Segundo-based medical imaging firm Radiology Partners Inc. announced it raised $700 million in equity funding from Starr Investment Holdings.

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Silicon Beach Report July 22: Blizzard Co-Founder Departs Company

Hulu CFO leaves for Amazon; Frank Pearce retires from Blizzard; SpaceX picks hyperloop competition winner

Signal Sciences Expands in Culver City

Web security firm Signal Sciences Corp. opened a new 10,000 square-foot office close to its Culver City headquarters, and now occupies roughly 20,000 square feet in L.A. County.

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HyreCar Announces Pricing of Second Stock Offering

Downtown-based digital car-sharing marketplace HyreCar Inc. announced July 19 it will sell an additional 3.5 million shares to raise capital to expand its staff and technology offerings.

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Silicon Beach Report July 19: HyreCar Announces Stock Offering

ZEFR sells to Vobile; HyreCar prices 3.5 million additional shares; Virgin Orbit to provide RAF launch services

SpaceX Fuels Industry’s Rebirth

AEROSPACE: Company’s alumni launch local ventures

Alumni of SpaceX are leading a renaissance in aerospace.

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Snap Poised for Continued Growth

Snap Inc. will report second quarter 2019 earnings July 23, and analysts and shareholders expect the company’s finances to continue improving.

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Silicon Beach Report July 18: There’s a New Podcast Studio in Town

KPCC creates podcast venture; Hulu to carry NASA programs; Netflix pushes mobile in India

Silicon Beach Report July 17: Fifth Wall Raises $500 Million Fund to Invest in Real Estate Technology

Netflix subscriptions drop; Techstars begins new LA class; Fifth Wall completes huge fund raise

Silicon Beach Report July 16: 100 Thieves Raises $35 Million

Casetabs nabs $3 million; 100 Thieves plans new L.A. headquarters; Mahmee finds new funding

100 Thieves Raises $35 Million, Plans New Headquarters

Esports company and team manager 100 Thieves raised $35 million in a Series B round to fuel its expansion and the development of a new Los Angeles headquarters.

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Silicon Beach Report July 15: FX Plus Shut Down by Disney

FX Plus to stop service; J2 Global acquires more subsidiaries; SpaceX, NASA discover cause of rocket launch failure

Silicon Beach Report July 12: Behind the Scenes at Backstage Capital

Atom Tickets, Goldstar expand local business; Hulu to distribute Tastemade content; Backstage Capital targets the "underestimated"

Silicon Beach Report July 11: Bird Seeks More Cash as Revenue Falls

LauncherOne test successful; Lions Gate links with TF1; Bird raising additional $300 million

Silicon Beach Report July 10: Snap's Yellow Accelerator Welcomes New Startups

Yellow accelerator welcomes new startups; Tinder targets Asia expansion; LauncherOne schedules drop test

Silicon Beach Report July 9: LA County Health Services Hacked

WarnerMedia launches HBO Max; Netflix offering more Chinese content; LADHS victim of data breach

MomentFeed Chooses New Chief Executive

Santa Monica-based customer management software developer MomentFeed Inc. appointed Nick Hedges as its new chief executive July 9.

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NASA Awards SpaceX $50 Million Launch Contract

NASA awarded Hawthorne-based SpaceX a $50.3 million contract to launch three space telescopes in 2021.

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Silicon Beach Report July 8: 3L Capital Raises $217 Million

3L Capital gains $217 million; SpaceX Starlink rivaled by Amazon; BBC invests in Quibi

3L Capital Raises $217 Million Fund to Invest in Local Startups

Westwood-based growth equity investment firm 3L Capital announced July 8 it raised a $217 million equity fund to continue investing in local companies.

LA Firms Lead VidCon

Fullscreen, Snap, UTA highlight conference lineup

Fullscreen, Snap, UTA highlight conference lineup

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Cedars Program Attracts Innovators

Health care accelerator includes local startups

Health care accelerator includes local startups

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Social Network Adds Funding

TECH: Startup MeWe sees 30 million users by year end

TECH: Startup MeWe sees 30 million users by year end

Silicon Beach Report July 3: Riot Games IBC Award Finalist

EVConnect Backs Australian Charging Network; Riot Games Finalist for IBC Award; Faraday Future Employees Flee to Rivian

Silicon Beach Report July 2: Upfront Ventures Finances New Fund

Boring Co. hires in Las Vegas; LightSail mission continues; Upfront finances sixth fund

Silicon Beach Report July 1: MeWe raises $4.5 million

MeWe raises $4.5 million; Pluto TV launches Spanish programming; Netflix and Sony adapting video games for television

Social Networking Startup MeWe Raises $4.5 Million

Culver City-based social networking startup Sgrouples Inc., doing business as MeWe, announced it raised $4.5 million in a venture round, bringing its total funding to $15 million since launching in 2012.

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Silicon Beach Report June 28: SpaceX Raising $300 Million

PCM security breached; Marvel and Team Liquid partner; SpaceX starts third fundraising effort this year

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