Silicon Beach Report Feb. 7: Collectible Sneaker Reseller Goat Raises $25M

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Collectible sneaker reseller Goat raises $25 million, SpaceX plans to launch rockets every 2 weeks, and Virtual reality firm Upland expands into SoCal.

Collectible Sneaker Reseller Goat Raises $25M

Online collectible sneaker reseller Goat raised a $25 million round led by venture capital firm Accel, reports the Business Journal. The company’s app facilitates collectible sneaker sales for so-called Sneakerheads.

SpaceX Plans to Launch Rockets Every 2 Weeks

Space Exploration Technologies Corp plans to launch its Falcon 9 rockets every two to three weeks, once a new launch pad is put into service in Florida next week, reports Reuters. The ambitious plan comes only five months after a SpaceX rocket burst into flames on the launch pad at the company’s original launch site in Florida.

Virtual Reality Firm Upland Expands into SoCal

Virtual reality firm Upload Inc. of San Francisco signed a 20,000-square-foot lease at Marina Business Center in Marina del Rey, reports Connect. The lease represents the company’s first expansion into Southern California, region that has become a hot bed for virtual reality.

Send tips on L.A. tech companies and startups to reporter Garrett Reim via [email protected]. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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