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Samson Amore

Stories by Samson

Silicon Beach Report May 24: Snap Hires New Diversity Lead

PeerStreet hires new sales manager; SpaceX successfully deploys 60 Starlink satellites; Snap gains new diversity lead

Silicon Beach Report May 23: Boring Co. Contracted for Las Vegas Tunnel

Riot Games creates gaming association; Simran Sethi vacates Netflix post; Boring Co. to build Las Vegas tunnel

Fika Ventures Completes $76 Million Raise

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.

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Silicon Beach Report May 22: Precellerator Begins New Class

Precellerator takes new applications; Snapchat backpedals from x-rated lenses, WarnerMedia co-hosts esports tournament

Silicon Beach Report May 21: Tyffon Gains $7.8 Million

Snapchat links with Naughty America; Aerojet Rocketdyne explores battery storage market; Tyffon raises nearly $8 million

Silicon Beach Report May 20: Snap Hires New CFO, HR Leads

Tetra Tech acquires WYG; Riot Games employees unsatisfied with walkout results; Snap finds new executives

Silicon Beach Report May 17: Aerojet Rocketdyne, Spacex Chosen for Moon Lander Project

LiveXLive announces new music app; Hulu bullish on Disney taking reigns; SpaceX among firms contracted for Moon Lander

ChowNow Grabs $21M Series C

Ordering app wants to eliminate fees for restaurant partners

Boingo Loss Expands Despite Growth

Military, multifamily contracts boosted business

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Verb Technology Reports First Quarter Earnings

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.

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Silicon Beach Report May 16: Quibi Seeks Additional $1 Billion

Virgin Hyperloop One gains $172 million; Crackle reports first quarter earnings; Quibi plans $1 billion raise

Virgin Hyperloop One Raises $172 Million

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."

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Silicon Beach Report May 15: Burbank-based CareerArc Expands

Team SoloMid partners with Lenovo; Feather spreads its wings in L.A.; CareerArc grows, names new executives

Silicon Beach Report May 14: Disney Buys Out Hulu Stake

Bird working to integrate Apple Pay; Comcast sells Hulu stake; Crypto hackers arrested after West Hollywood theft

Disney Takes Control of Hulu

Walt Disney Co. will take full control of Santa Monica-based streaming service Hulu from Comcast, which owns a third of the service.

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XPrize Announces New Award for Wildfire Prevention

Playa Vista-based nonprofit Xprize Foundation Inc. announced May 13 the creation new competition to develop hardware for quickly detecting and managing wildfires.

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Silicon Beach Report May 13: XPrize Creates Wildlife Detection Award

Musk trial date set; “Fortnite” hits the Forum, XPrize announces new competition

Silicon Beach Report May 10: Chrome River develops U.S. Bank app

SpaceX rocket boosters head to museum; Riot Games launches Latin American chatbot; Chrome River and U.S. Bank partner

HyreCar Doubles Q1 Earnings

Car leasing startup HyreCar Inc. released first quarter earnings on May 9, reporting $3.5 million in revenue, up 105% from first quarter 2018.

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Silicon Beach Report May 9: Phyn Raises $12 Million

LiveXLive signs Tencent deal; Phyn gains $12 million; Hello Sunshine links with Audible

Phyn Water Management System Raises $12M

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.

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Scopely Acquires Collaborator Digit Studios

Mobile game developer Scopely Inc., based in Culver City, announced May 8 it acquired Dublin-based game developer Digit Game Studios Ltd.

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Neural Analytics Raises $22 Million Series C

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.

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Silicon Beach Report May 8: Neural Analytics Gains $22 Million

Match Group awards Tinder employees $9.4 Million; Super League Gaming links with NetLevel, Neural Analytics finds $22 million

Silicon Beach Report May 7: Casa Verde Capital Invests in Indose

Riot Games employees walk out; Indose finds $3.5 million; Disney releases revised IP slate

Relativity Space Strikes Deal With Spaceflight Industries for Low-Earth Satellites

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.

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Silicon Beach Report May 6: Relativity Gains New Launch Contract

Bird combats growth challenges; Spaceflight contracts Relativity; SpaceX launches Falcon 9 rocket

Sinclair Acquiring 21 Regional Sports Networks From Disney

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.

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Silicon Beach Report March 3: Disney Plus Hires Product VP

Cerda joins Disney Plus to lead product; Endeavor Audio adds podcast offerings; Activision adds “Call of Duty” league teams

Activision Blizzard First Quarter Earnings Surpass Expectations

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.

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Digital Ad Startup VideoAmp Raises $70 Million

Series D round to go toward marketing, engineering, M&A

VideoAmp plans growth after $70M raise.

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EVgo Energizes Surging Market

Tech: Firm’s 129 LA stations charge cars in under an hour

EVgo expands fast-charging for electric vehicles.

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Silicon Beach Report May 2: Hulu Hits 28 Million Subscribers

Beyond Meat stock jumps 163%, Hulu subscriber base totals 28 million; Faraday Future secures bridge loan

Digital Ad Firm VideoAmp Raises $70 Million

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.

Scoobeez Files for Chapter 11 Bankruptcy

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.

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Silicon Beach Report April 30: Overwatch League Signs Bud Light as Sponsor

Overwatch League signs Bud Light as sponsor; Riot Games joins Diversity Initiative; Samsung develops Vertical TV.

Silicon Beach Report April 29: SpaceX Revises Starlink Plans

Fandango wins “Endgame;” Starlink decreases in size, altitude; Parcast Network purchased for $56 million

Silicon Beach Report April 26: Sinemia Shutters U.S. Operations

América Televisión signs H Code contract; Sinemia retreats; Snap appoints chief marketing officer

Forge Fires Up in SoCal Malls

Tech: Hiring platform connects retailers, employees

Forge makes filling retail shifts easier.

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Silicon Beach Report April 25: Wavemaker Invests in Savonix

Comcast might sell Hulu stake; Savonix gains Wavemaker investment; SpaceX Dragon accident examined by NASA.

Silicon Beach Report April 24: Canoo Seeks $200 Million

Netflix readies for debt financing; Two Bit Circus welcomes developers; Canoo raising $200 million

Snap Inc. Revenue Beats Expectations, Draws Down Losses

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.

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Silicon Beach Report April 23: Snap Releases First Quarter Earnings

JPL technology observes seismic shifts on Mars; March Capital leads $15 million funding round; Snap revenues exceed analyst expectations

Axiomatic Gaming Gains $21 Million

Esports organizer Axiomatic Gaming raised $21 million April 18, according to Securities and Exchange Commission filings.

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Silicon Beach Report April 22: ZipRecruiter Executive Resigns Amid Misconduct Allegations

Accident during SpaceX capsule test; Gutentag resigns; Snap’s cash flow analyzed.

Silicon Beach Report April 19: Hello Sunshine Considers Book Subscription Box

Hastings not worried about Disney Plus; Thorn gets share of $280 million; Hello Sunshine Ventures into subscription box market.

Verb Purchases Sound Concepts

Tech: $25M deal comes on heels of $20.5M IPO for video advertising co.

Verb acquires Utah competitor following IPO.

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Scopely’s Culver City HQ to Double in Size

Mobile game developer has raised $250M; revenue rose 80% in 2018

Scopely looks to expand in Culver City.

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Data Centers Come Online

Tech: Google, others ramp up to meet growing local demand

Data centers finding new homes downtown.

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Red Six Raises $2.35 Million

Red Six Aerospace Inc. closed a $2.35M seed round April 18, led by Marina Del Rey-based Moonshots Capital Management.

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