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Samson Amore

Stories by Samson

Silicon Beach Report March 18: Lime Expanding LA Footprint

Fisker announces new electric vehicle; Lime expands in L.A.; SpaceX tests Starship heat shields

Lime Adding 2,500 More Scooters to LA Streets

Dockless e-scooter operator Neutron Holdings Inc., doing business as Lime, announced March 18 it received a permit from the City of Los Angeles to operate 2,500 scooters in the City in addition to its existing fleet of 3,000.

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Silicon Beach Report March 15: Snapchat Plans Gaming Platform

Bird lays off 5 percent of workforce; LA attracting talent with commerce; Snap considers in-app gaming

Law Firms Find Fit with Venture Capital Funds

VC spinoffs seen as marketing, business development tool

Several law firms in Los Angeles have created venture capital outfits that invest in early stage startups and offer legal advice in exchange for equity stakes in the companies.

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Silicon Beach Report March 14: Faraday Selling Manufacturing Plant for $40 Million

Activision Blizzard seeks e-Sports franchise owners; Backstage Capital accelerator launches; Faraday asks $40 million for Vegas site

Faraday Future Selling Las Vegas Plant for $40M

Embattled downtown-based electric car designer Faraday & Future Inc. is selling the 900-arce parcel of land at the Las Vegas Apex Industrial Park it purchased in 2015 with plans to construct a $1 billion vehicle factory.

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Silicon Beach Report March 13: Musk's Vegas People Mover Project Approved

Jam City finds “Harry Potter” game lucrative; Cluster gains $1.9 million; Boring Co. approved for Vegas people mover

Silicon Beach Report March 12: Pritzker Group Leads Livly Investment

Two Bit Circus hosts e-sports tournament; Livly raises $10 million led by Pritzker; QuiBi plans show about Snapchat CEO

Pritzker Group Leads $10 Million Livly Seed Round

Santa Monica-based Pritzker Group Venture Capital on March 12 led a $10 million seed funding round for Chicago-based property management software developer Livly.

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Silicon Beach Report March 11: Announces $60 Million Stock Repurchase Plan

Disney plans to seal vault; Brooks hired at QuiBi; reveals stock repurchase agreement

Virtual Influencer Maker Raises Nearly $20M

Artificial intelligence and robotics outfit Brud Inc. has raised nearly $20 million from investors, according to a March 7 filing with the U.S. Securities and Exchange Commission.

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Silicon Beach Report March 8: Rogue Co. Rakes in $1.25 Million

Dragon Capsule splashes down; Bird debuts fleet management platform; mobile gaming firm Rogue Co. raises seed round.

City of Pasadena Signs $4M, 10-Year Contract With Tiba Parking

The City of Pasadena’s antiquated, analog public parking system is getting a makeover thanks to a deal with Ohio-based Tiba Parking.

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Biometrics Finds Footing

TECHNOLOGY: LAX pilot program seen as tipping point

The Los Angeles region has become a testing ground for consumer technologies that employ facial recognition of biometric scans.

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Consultancy Offers Multidimensional Expertise

Infinite Retina will advise clients in virtual reality, augmented reality, staffing

A new kind of consultancy launched last week in Pasadena that will advise companies developing augmented reality, virtual reality and other three-dimensional digital technology.

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Silicon Beach Report March 7: TeleSign Selects New CEO

Netflix marketing lead steps down; Amplify.LA backs Alto; Disraeli appointed TeleSign chief executive

TeleSign Appoints Co-Founder Disraeli as Chief Executive

Marina del Rey-based identity verification outfit TeleSign Corp. announced March 7 the appointment of Co-Founder Ryan Disraeli as Chief Executive Officer.

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Silicon Beach Report March 6: Mars Rock Puts JPL in Hard Place

Vertebrae expands to Texas; Opaque Studios rebrands; InSight lander dig mission paused

Silicon Beach Report March 4: SpaceX Crew Dragon Reaches Space Station

Dills appointed as LinQuest CEO; ServiceTitan hires CMO; SpaceX completes Space Station test docking

Silicon Beach Report March 1: Forge Shifts San Francisco Headquarters to LA

Faraday Future sued (again); Forge acquires ShiftMe; Riot Games hires diversity officer

Techstars Launches LA Accelerator

TECHNOLOGY: Aerospace startups will receive initial $120,000 investment

Aerospace accelerator launches.

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Forge Technologies Moving Headquarters to LA, Acquires Scheduling App

Workforce management software developer Forge Technologies Inc.’s national headquarters is moving from San Francisco to Playa Vista and the company announced Feb. 28 the acquisition of Huntington Beach-based shift scheduling application developer ShiftMe Inc. Both companies decline to disclose the terms of the acquisition.

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Greycroft Partners Leads Beam in $5 Million Series A

Downtown-based Greycroft Partners led a $5 million funding round finalized Feb. 28 for Beam Solutions Inc., a San Francisco-based developer of transaction monitoring software for banks and securities.

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Silicon Beach Report Feb. 28: Greycroft Leads Beam Funding Round

Disney hankering for more Hulu; Boingo 2018 earnings reported; Greycroft gives Beam a boost

Silicon Beach Report Feb. 27: Faraday Future Continues Furloughs

InSight lander Mars dig delayed; Musk in Twitter trouble again; Faraday Future employees remain furloughed.

Silicon Beach Report Feb. 26: Dray Alliance Hauls in $3.5 Million

Super League Gaming finalizes IPO; future uncertain for Boring Co.’s Chicago project; $3.5 million for Lakewood logistics firm.

Silicon Beach Report Feb. 25: NASA Approves Dragon Vehicle

Action Network raises $17.5 million Series B; Kotick, Iger listed among most overpaid executives; Dragon’s Space Station test scheduled for March 2

Silicon Beach Report Feb. 22: Boingo CEO Announces Retirement Plans

Winehouse hologram tour canceled; SpaceX launches Israeli lunar lander; Finley appointed Boingo CEO

Boingo Wireless Appoints New CEO

Chief executive of Westwood-based Wi-Fi provider Boingo Wireless Inc. Dave Hagan announced Feb. 21 he will retire after 17 years with the company. Boingo board member Mike Finley was unanimously elected to fill the vacant CEO seat by the board.

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Cycle Shift

Public bike-share programs turn to private operators

Cities outsource bike-shares to private companies.

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Silicon Beach Report Feb. 21: Streamer Loop Media Acquires ScreenPlay

Hello Sunshine gains New Green; SpaceX launch may be delayed after safety survey; ScreenPlay acquired by Loop Media.

Silicon Beach Report Jan. 20: Former Snap Executive Launches New Venture

Clearlake Capital’s Symplr buys API Healthcare; Verishop emerges from stealth, Clutter raises $200 million

Silicon Beach Report Feb. 19: Virgin’s Proposed Commute in a Vacuum

Brainbase brings in $1 million; SongTradr makes acquisition; Virgin Hyperloop tests new transportation method

Brainbase Finalizes $1 Million Seed Round

Intellectual property licensing startup Brainbase Inc., operating in Santa Monica, announced Feb. 19 it completed a $1 million seed round led by Tera Ventures, an Estonian venture firm with U.S. operations based in Burbank.

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Silicon Beach Report Feb. 18: Catapult Capital Acquires JibJab

Samsung enters L.A. retail market; JibJab Acquired; Snap and Nike link for lenses

Real Estate Turns to Tech

TECHNOLOGY: Brokers, landlords look for value add

Leasing real estate assets in a high-growth market such as Los Angeles increasingly requires an assist from technology.

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TrueCar Acquires Minority Stake in Accu-Trade

TrueCar Inc., a digital auto pricing marketplace operating in Santa Monica, announced Feb. 14 it acquired a 20 percent stake in vehicle-appraisal software developer Accu-Trade, based in New Brunswick, Canada.

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Silicon Beach Report Feb. 14: HauteLook Hacked

Newegg to sponsor Counter Logic Gaming; Casetabs gains $2.5 million; HauteLook customer data compromised

Silicon Beach Report Feb. 13: Activision Restructures, Downsizes

Ex-Snap employees raise $1 million for new venture; Activision downsizes support staff; OpenTempo links with TigerConnect

TigerConnect Links With OpenTempo

TigerConnect Inc., a healthcare communications software developer operating in Santa Monica, announced Feb. 13 it will partner with OpenTempo Inc., developers of a medical staff scheduling software based in Williston, Vt.

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Silicon Beach Report Feb. 12: Techstars Launching Space Accelerator

Scopely hits $400 million run rate; Tinder’s algorithm analyzed; Techstars creates L.A. aerospace accelerator

Silicon Beach Report Feb. 11: SpaceX Booked for Lunar Mission

MGM launches Epix streaming service; Activision Blizzard readies for layoffs; SpaceX launching lunar lander

Silicon Beach Report Feb. 8: Apple Advised to Acquire Activision

Consumer Reports tracks scooter injuries; JP Morgan Suggests Apple buy Activision; Musk mansion listed for $4.5 million

Raised in Space Looks to Innovate Music Industry

Former BMG exec heads new venture fund backed by Scooter Braun’s Ithaca firm

Zach Katz launches music-focused venture fund.

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Royal Dutch Shell’s New Energies division has acquired West Hollywood-based Zeco Systems Pte Inc.

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Issuance Acquires FinTech Marketing Outfit CrowdFundX

Financial marketing firm CrowdfundX, operating in Sawtelle, announced an acquisition by West L.A.-based digital investment firm Issuance Inc. Feb. 7.

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Silicon Beach Report Feb. 7: Goat Nabs Foot Locker Investment

FoxNext launches indie game fund; Gigajot broadens Pasadena reach; Foot Locker invests in Goat

Image-Processing and Microchip-Maker Gigajot Expands in Pasadena

Image-processing and microchip-manufacturing firm Gigajot Technology Inc. announced Feb. 4 it will expand its sublease of its current 100-square-foot headquarters in Pasadena to 3,257 square feet at the Gateway Metro Center on E. Foothill Boulevard in the same city.

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Silicon Beach Report Feb. 6: Topgolf and Super League Gaming Partner

Super League Gaming links with Topgolf; ESPN+ exceeds 2 million subscriptions; SpaceX prepares for manned flights

Silicon Beach Report Feb. 5: Snap Releases Fourth Quarter Results

PocketWatch gets into gaming; Raised in Space launches; Snap revenue grows as users stagnate.