Stories by Samson
MTech Capital’s new $75M fund for “InsureTech;” smart key maker Openpath raises $20M; Pelican Products has an new consumer marketing team leader
Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.; Musk tweet could bring libel charge
Spotify moves to L.A., Cylance offers commercial antivirus; Dollar Shave Club leaving traditional ads
Fox Sports cranks out World Cup content
Fox Digital uses Slack Inc. to move faster on World Cup.
EDUCATION: $9.8 million will fund rechargeable battery initiative
$9.8M grant for UCLA’s engineering school unit.
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
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.
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 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.
Netflix spending billions on programming, Surf Airlines launches weekend getaways, Bird sued in Milwaukee
Guess Inc. teams with Alibaba’s AI pop up, Musk goes big with fast-tracked mini sub, Snap is adding visual search functionality
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.
Sonos goes public, Kumbaya adds to board, Boring Co. engineers aid Thailand
MARKETING: Silicon Beach security unit competes on price
With Amazon’s backing, Ring gets competitive on price.
MEDIA: Regency asset deal pegged at $150M
Video streaming company Netflix Inc. may turn to billboards.
Law gives consumers right to opt out; some see threat to sharing economy
New data privacy law presents mixed ramifications for consumers and businesses.
Tinder adds videos, Snap seeks active users, AeroVironment works with NASA
Citymapper adds Bird scooters, Snapchat opens commerce to creators, Harper Wilde raises $2 million
Yang joins Lucidity; BionicLogic gets $1.5 million; changes to Snap board
Snapchat enters gaming landscape; SpaceX sends Space Station payload; scooter startup attains $300 million.
Server facility will increase data transfer speed for local businesses
Google launches L.A. cloud servers.
Data privacy law signed; Fitplan raises $4.7 million; stunt robots come to Disneyland
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.
HyreCar announces IPO; Google Filestore revealed; Honk Technologies raises $18M.
Carblip raises $2 million; L.A. ranked best metro tech sector; Faraday and Future bailed out
Los Angeles was ranked as one of the top 25 global cities for tech innovation, according to a recent CB Information Services Inc. report.
Pinscreen sued; new Thiel fellow named; Snapchat shares ad revenue
Tinder Becomes More Specific; Sinemia launches new movie pass; SpaceX gets $130M contract
Cargo Services to use Snapcode in place of standard QR here
Uber, Lyft to bring new goodies to L.A. market.
Verra Mobility sells for $2.4 billion; Lizzie Francis joins GOAT; Pasadena company goes to Madagascar
BioSolar expands to Spain; Sprint Corp. phone rival emerges; Riot Games goes down under
Torrance company contracted by Homeland Security; Quest International expands in Europe; Scratchpay gets $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.
$22 million raised by Pasadena Robotics Co.; MindSpark acquired by Auticon; Sure Inc. expands to rideshare insurance
Silicon Beach Report June 15: Catasys Receives Debt Bailout, Activision Blizzard Hires Former Twitter Exec, Cargo Systems Launches in L.A.
Binns exits Twitter, Catasys lands $10 million, Cargo lands in 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.
E3 highlights video game industry growth
Consumers join the party at E3, the conference for video game developers and content creators.
Influential secures $12 million in series B funding; Snap Inc. releases API Snap Kit; ZipRecruiter expands in Santa Monica
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
Bird Scooters seeks $2 billion valuation; cannabis lifestyle media company raises $8 million series A; Phyn adds Devesa to executive team.
Los Angeles Football Club Testing Biometric Ticketing; Snap Inc. Allows App Users to Delete Messages; Boring Co. Flamethrowers Hit the Streets
Fans looking to enter Banc of California Stadium may soon be able to scan their fingerprint instead of presenting a physical or digital ticket.
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 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.
Snap rolls out ticket-purchase option, Insomniac launching VR collab with Oculus, Honest Company lands $200M investment.
Headspace Seeks Prescription Status; Rocket Lab Plans Upcoming Launch; Sonos Drops New Speaker.