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Samson Amore

Stories by Samson

Silicon Beach Report July 17: MTech Capital Announces $75 Million Fund

MTech Capital’s new $75M fund for “InsureTech;” smart key maker Openpath raises $20M; Pelican Products has an new consumer marketing team leader

Silicon Beach Report July 16: Netflix Shares Plummet

Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.; Musk tweet could bring libel charge

Silicon Beach Report July 13: Spotify Moves to L.A.

Spotify moves to L.A., Cylance offers commercial antivirus; Dollar Shave Club leaving traditional ads

SOCIAL FACTORY

Fox Sports cranks out World Cup content

Fox Digital uses Slack Inc. to move faster on World Cup.

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Aerospace Hot for Jobs

MANUFACTURING: Biggest up 3.5 percent

Aerospace and defense lead job growth.

UCLA Engineers Land DOE Grant for Battery Research

EDUCATION: $9.8 million will fund rechargeable battery initiative

$9.8M grant for UCLA’s engineering school unit.

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Silicon Beach Report July 12: Ashton Kutcher’s Sound Ventures’ New Funding Round

Ashton Kutcher’s VC opens $150 million funding round; Cleantech and Clean Energy kick off climate-change challenge; $9.75 million for UCLA rechargeable research

UCLA Granted $9.75 Million for Battery Research

University of California–Los Angeles has received a $9.75 million grant from the United States Department of Energy of to advance research in rechargeable batteries.

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Silicon Beach Report July 11: Overwatch League Finals to Air on ESPN, ABC

Musk takes on Flint water crisis, the Overwatch League’s grand finals will be televised, Jam City is taking Harry Potter to Asia

Colony Capital Sells Stake in European Data Center Company

Colony Capital Inc., a downtown investment firm, announced the sale of its stake in DATA4 Group to AXA Investment Managers - Real Assets, a division of AXA France Vie S.A.

Silicon Beach Report July 10: Bird Scooters Banned in Milwaukee

Netflix spending billions on programming, Surf Airlines launches weekend getaways, Bird sued in Milwaukee

Silicon Beach Report July 9: Snap Builds Camera Search

Guess Inc. teams with Alibaba’s AI pop up, Musk goes big with fast-tracked mini sub, Snap is adding visual search functionality

Facebook Alternative MeWe Raises $5.2M

Sgrouples Inc.’s MeWe, a Culver City social network startup that calls itself an alternative to Facebook Inc., announced July 5 it had raised $5.2 million in Series A fundraising.

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Silicon Beach Report July 6: SpaceX, Boring Co. Engineers Assist Rescue Efforts

Sonos goes public, Kumbaya adds to board, Boring Co. engineers aid Thailand

Amazon’s Aim: Ring Familiar

MARKETING: Silicon Beach security unit competes on price

With Amazon’s backing, Ring gets competitive on price.

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Netflix in Turn to Traditional Media?

MEDIA: Regency asset deal pegged at $150M

Video streaming company Netflix Inc. may turn to billboards.

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Business Concerns Remain on Data Privacy

Law gives consumers right to opt out; some see threat to sharing economy

New data privacy law presents mixed ramifications for consumers and businesses.

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Silicon Beach Report July 5: Snap Lacks Active Users, Far Less Than Instagram

Tinder adds videos, Snap seeks active users, AeroVironment works with NASA

Silicon Beach Report July 3: Creators Capitalize on Snap Commerce

Citymapper adds Bird scooters, Snapchat opens commerce to creators, Harper Wilde raises $2 million

Silicon Beach Report July 2: New COO at Lucidity

Yang joins Lucidity; BionicLogic gets $1.5 million; changes to Snap board

Silicon Beach Report June 29: Bird Raises $300 Million

Snapchat enters gaming landscape; SpaceX sends Space Station payload; scooter startup attains $300 million.

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Google Adds L.A. Infrastructure

Server facility will increase data transfer speed for local businesses

Google launches L.A. cloud servers.

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Silicon Beach Report June 28: California Data Privacy Bill Signed Into Law

Data privacy law signed; Fitplan raises $4.7 million; stunt robots come to Disneyland

California Passes Data Privacy Bill

Lawmakers in California passed a data privacy bill in both chambers June 28 that would require major companies to disclose the data they collect from consumers and also allow consumers to elect not to have their data sold by the company to ad agencies. Governor Jerry Brown signed the bill into law Thursday afternoon.

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Silicon Beach Report June 27: Honk Technologies Raises $18M

HyreCar announces IPO; Google Filestore revealed; Honk Technologies raises $18M.

Silicon Beach Report June 26: Two Local Car Startups Raise $2M Each

Carblip raises $2 million; L.A. ranked best metro tech sector; Faraday and Future bailed out

Los Angeles Ranked Top Metro Area for Tech Funding and Exits

Los Angeles was ranked as one of the top 25 global cities for tech innovation, according to a recent CB Information Services Inc. report.

Silicon Beach Report June 25: Busoni Named Thiel Fellow

Pinscreen sued; new Thiel fellow named; Snapchat shares ad revenue

Silicon Beach Report June 22: Tinder Becomes More Specific

Tinder Becomes More Specific; Sinemia launches new movie pass; SpaceX gets $130M contract

Minibar-in-a-Car on Way to Uber, Lyft in L.A.

Cargo Services to use Snapcode in place of standard QR here

Uber, Lyft to bring new goodies to L.A. market.

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Silicon Beach Report June 21: Verra Mobility Sells for $2.4 Billion

Verra Mobility sells for $2.4 billion; Lizzie Francis joins GOAT; Pasadena company goes to Madagascar

Silicon Beach Report June 20: BioSolar Expands to Spain

BioSolar expands to Spain; Sprint Corp. phone rival emerges; Riot Games goes down under

Silicon Beach Report June 19: Torrance Company Contracted by Homeland Security

Torrance company contracted by Homeland Security; Quest International expands in Europe; Scratchpay gets $6.4M in series A funding

Scratchpay Lands $6.4M in Series A Funding

Eagle Rock’s Scratch Financial Inc., doing business as Scratchpay, announced June 19 that it received $6.4 million in series A funding. Underwriting for this round of funding was provided by Companion Fund, a $100 million pet-centered venture capital fund, as well as Struck Capital, TTV Capital and SWS Venture Capital.

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Silicon Beach Report June 18: Robot Maker Gets $22 Million Series A

$22 million raised by Pasadena Robotics Co.; MindSpark acquired by Auticon; Sure Inc. expands to rideshare insurance

Ride-Sharing Commerce Company Cargo Enters L.A

Cargo Services Inc., a mobile marketplace headquartered in New York City, announced June 14 that it is expanding to Los Angeles. The company, which allows Uber and Lyft drivers to receive complimentary boxes stocked with retail items, has already bought a warehouse in Ontario, Calif.

Game Gathering

E3 highlights video game industry growth

Consumers join the party at E3, the conference for video game developers and content creators.

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Silicon Beach Report June 14: Influential Secures $12 Million in Series B Funding

Influential secures $12 million in series B funding; Snap Inc. releases API Snap Kit; ZipRecruiter expands in Santa Monica

Silicon Beach Report June 13: Ring Set to Launch Home Security System

After delay, Ring plans to ship DIY security system by July 4; TenantBase pulls in $10.7 million funding round; Revolve contemplates whether to pull trigger on IPO

Silicon Beach Report June 12: Bird Looking to Raise More Cash at $2 Billion Valuation

Bird Scooters seeks $2 billion valuation; cannabis lifestyle media company raises $8 million series A; Phyn adds Devesa to executive team.

Silicon Beach Report June 11: L.A. Football Club Testing Biometric Ticketing

Los Angeles Football Club Testing Biometric Ticketing; Snap Inc. Allows App Users to Delete Messages; Boring Co. Flamethrowers Hit the Streets

LAFC Adds Biometric Options for Gameday Entrance

Fans looking to enter Banc of California Stadium may soon be able to scan their fingerprint instead of presenting a physical or digital ticket.

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Silicon Beach Report June 8: CapLinked Joins with Civic Technologies

CapLinked Partners with Civic Technologies on Digital Security Venture; Bad Robot Partners with Tencent on Gaming Venture; Venice Marketing Startup Signs Up 3,000 Influencers

HyreCar Set for $14.5 Million IPO

HyreCar Inc., a peer-to-peer car sharing company based in Los Angeles, filed June 8 an amended prospectus for an initial public offering that could raise as much as $14.5 million for the company. The company did not set a date for the offering, but said it will list on the Nasdaq under the ticker symbol HYRE.

Silicon Beach Report June 7: Snap Eyes Ticket Sales with New Feature

Snap rolls out ticket-purchase option, Insomniac launching VR collab with Oculus, Honest Company lands $200M investment.

Silicon Beach Report June 6: Meditation Co. Headspace Aims for Health Care

Headspace Seeks Prescription Status; Rocket Lab Plans Upcoming Launch; Sonos Drops New Speaker.