Stories by Samson
PeerStreet hires new sales manager; SpaceX successfully deploys 60 Starlink satellites; Snap gains new diversity lead
Riot Games creates gaming association; Simran Sethi vacates Netflix post; Boring Co. to build Las Vegas tunnel
West Los Angeles-based investor Fika Ventures announced May 23 it completed the raise of a $76 million fund, the VC’s second since its 2017 launch.
Precellerator takes new applications; Snapchat backpedals from x-rated lenses, WarnerMedia co-hosts esports tournament
Snapchat links with Naughty America; Aerojet Rocketdyne explores battery storage market; Tyffon raises nearly $8 million
Tetra Tech acquires WYG; Riot Games employees unsatisfied with walkout results; Snap finds new executives
LiveXLive announces new music app; Hulu bullish on Disney taking reigns; SpaceX among firms contracted for Moon Lander
Ordering app wants to eliminate fees for restaurant partners
Military, multifamily contracts boosted business
Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public.
Virgin Hyperloop One gains $172 million; Crackle reports first quarter earnings; Quibi plans $1 billion raise
Hyperloop Technologies Inc., doing business as Virgin Hyperloop One, raised $172.2 million of a planned $224.7 million equity funding round May 13 according to Securities and Exchange Commission filings."
Team SoloMid partners with Lenovo; Feather spreads its wings in L.A.; CareerArc grows, names new executives
Bird working to integrate Apple Pay; Comcast sells Hulu stake; Crypto hackers arrested after West Hollywood theft
Walt Disney Co. will take full control of Santa Monica-based streaming service Hulu from Comcast, which owns a third of the service.
Playa Vista-based nonprofit Xprize Foundation Inc. announced May 13 the creation new competition to develop hardware for quickly detecting and managing wildfires.
Musk trial date set; “Fortnite” hits the Forum, XPrize announces new competition
SpaceX rocket boosters head to museum; Riot Games launches Latin American chatbot; Chrome River and U.S. Bank partner
Car leasing startup HyreCar Inc. released first quarter earnings on May 9, reporting $3.5 million in revenue, up 105% from first quarter 2018.
LiveXLive signs Tencent deal; Phyn gains $12 million; Hello Sunshine links with Audible
Smart water management software developer Phyn Inc. announced May 9 it received a $12 million investment from its parent companies, Playa Vista-based wireless technology firm Belkin International and Helsinki-based water delivery provider Uponor.
Mobile game developer Scopely Inc., based in Culver City, announced May 8 it acquired Dublin-based game developer Digit Game Studios Ltd.
Rancho Park-based medical robotics company Neural Analytics Inc. announced May 8 it raised a $22 million Series C round led by Westwood-based venture capital firm Alpha Edison.
Match Group awards Tinder employees $9.4 Million; Super League Gaming links with NetLevel, Neural Analytics finds $22 million
Riot Games employees walk out; Indose finds $3.5 million; Disney releases revised IP slate
Autonomous rocket developer Relativity Space Inc. announced May 6 it signed a launch services agreement with Seattle-based Spaceflight Industries Inc. to deliver satellites to low earth orbit on Inglewood-based Relativity’s entirely 3D-printed rocket, the Terran 1.
Bird combats growth challenges; Spaceflight contracts Relativity; SpaceX launches Falcon 9 rocket
Sinclair Broadcast Group Inc. reached a deal to buy 21 regional sports networks from Burbank-based Walt Disney Co. for more than $10 billion on May 2.
Cerda joins Disney Plus to lead product; Endeavor Audio adds podcast offerings; Activision adds “Call of Duty” league teams
Santa Monica-based video game publisher Activision Blizzard Inc. announced first quarter 2019 earnings on May 2, reporting $1.82 billion in revenue, down roughly 7.3 percent from $1.97 billion in first quarter 2018.
Series D round to go toward marketing, engineering, M&A
VideoAmp plans growth after $70M raise.
Tech: Firm’s 129 LA stations charge cars in under an hour
EVgo expands fast-charging for electric vehicles.
Beyond Meat stock jumps 163%, Hulu subscriber base totals 28 million; Faraday Future secures bridge loan
Santa Monica-based digital video advertising firm VideoAmp Inc. closed a $70 million Series D round May 1, bringing its total funding to $106.6 million since its 2014 founding.
Delivery and logistics services firm Scoobeez Global filed for chapter 11 bankruptcy April 29, less than a month after announcing expansions into three locations in Texas.
Overwatch League signs Bud Light as sponsor; Riot Games joins Diversity Initiative; Samsung develops Vertical TV.
Fandango wins “Endgame;” Starlink decreases in size, altitude; Parcast Network purchased for $56 million
América Televisión signs H Code contract; Sinemia retreats; Snap appoints chief marketing officer
Tech: Hiring platform connects retailers, employees
Forge makes filling retail shifts easier.
Comcast might sell Hulu stake; Savonix gains Wavemaker investment; SpaceX Dragon accident examined by NASA.
Netflix readies for debt financing; Two Bit Circus welcomes developers; Canoo raising $200 million
Snap Inc. announced financial results for the first quarter on April 23, reporting $320 million in revenue and beating analyst expectations with 39% revenue growth compared to the first quarter of last year.
JPL technology observes seismic shifts on Mars; March Capital leads $15 million funding round; Snap revenues exceed analyst expectations
Esports organizer Axiomatic Gaming raised $21 million April 18, according to Securities and Exchange Commission filings.
Accident during SpaceX capsule test; Gutentag resigns; Snap’s cash flow analyzed.
Hastings not worried about Disney Plus; Thorn gets share of $280 million; Hello Sunshine Ventures into subscription box market.
Tech: $25M deal comes on heels of $20.5M IPO for video advertising co.
Verb acquires Utah competitor following IPO.
Mobile game developer has raised $250M; revenue rose 80% in 2018
Scopely looks to expand in Culver City.
Tech: Google, others ramp up to meet growing local demand
Data centers finding new homes downtown.
Red Six Aerospace Inc. closed a $2.35M seed round April 18, led by Marina Del Rey-based Moonshots Capital Management.