Santa Monica advertising and marketing tech company Gimbal acquires True[X], a Walt Disney Co. subsidiary
Agreement allows Hawke Media to launch Hawke Capital.
Venice-based Riot Ventures is officially aiming to raise $75 million for its second fund.
The L.A. Al Fresco program offers no-cost permits to local eateries to expand outdoor seating into adjacent areas while indoor dining is shuttered during the pandemic.
Other more broad-based funds, like downtown-based TenOneTen Ventures, have increased their focus on health care investments.
By May, OneLegacy’s organ procurements not only recovered to prepandemic levels, but actually exceeded them.
There’s no question that these are challenging times for every member of the business community, but the load might just hang a bit heavier on chief financial officers, the often unsung heroes at almost every company.
Los Angeles County’s jobs recovery slowed over the summer, with the region lagging the state and nation in both unemployment rates and the proportion of jobs regained since the pandemic began.
Gores Group, the Beverly Hills-based investment firm founded by billionaire Alec Gores, has announced plans to merge its fifth special purpose acquisition company, or SPAC, with mortgage lender United Shore Financial Services Inc.
Streaming giant Netflix Inc. is continuing to grow its real estate footprint in Los Angeles County, this time to build out an animation studio in Burbank.
The fate of TikTok may still be up in the air.
The Covid-19 crisis has claimed the Luxe Rodeo Drive Hotel in Beverly Hills.
Online retailer Mega Lion Inc. has signed a lease for roughly 132,000 square feet at an industrial property in Santa Fe Springs.
Glendale-based artificial intelligence company Beyond Limits Inc. has raised $113 million in a Series C funding round with another roughly $20 million committed.
Host Jimmy Kimmel cracked wise about Quibi, Jeffrey Katzenberg’s troubled mobile-only streaming service, during the Prime Time Emmy Awards on Sept. 20.
While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.
Adam Struck, founder of Santa Monica-based venture firm Struck Capital, has always been bullish on Los Angeles’ startup ecosystem.
Culver City-based Boosted Ecommerce Inc. has raised $87 million to grow its portfolio of ecommerce businesses.
Culver City-based 1661 Inc., doing business as Goat Group, has raised $100 million in Series E funding from New York hedge fund D1 Capital Partners.
With in-person gallery visits largely halted by the pandemic, the business of art has taken a severe hit.