Vernon-based manufacturer Romeo Systems Inc. said Aug. 5 it secured a $4 million investment from HG Ventures to further develop energy-efficient lithium ion batteries.
Profits were roughly $216,000 for Boingo Wireless Inc. in the second quarter but the Wi-Fi provider added 10 new internet service locations, setting a quarterly revenue record including about $10 million in access fees.
Venice-based Stackin Inc., a startup that offers financial planning advice via text message, has finalized a $4 million Series A raise to build out its platform and grow operations.
Lincoln Heights-based retailer Loot Crate Inc., which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month.
Alex Canter, the heir to one of Los Angeles’ most dominant delicatessens, raised an $18 million Series B for Ordermark Inc., his online food ordering and delivery platform.
Snap stock on the upswing; Tile gains $45 million; FanDragon raises seed round
SpaceX resupplies International Space Station; WeRecover uses apps to treat addiction; Snap beats expectations in Q2
Snap Inc. posted second quarter earnings today, continuing its trend of beating analyst expectations for revenue and trimming losses.
Software developer Tapcart Inc., based in Santa Monica, announced it completed a $4 million seed round led by venture firm Greycroft.
Chatbot developer Convrg is merging with Haptik, a New York-based artificial intelligence company.
Hulu CFO leaves for Amazon; Frank Pearce retires from Blizzard; SpaceX picks hyperloop competition winner
Web security firm Signal Sciences Corp. opened a new 10,000 square-foot office close to its Culver City headquarters, and now occupies roughly 20,000 square feet in L.A. County.
Downtown-based digital car-sharing marketplace HyreCar Inc. announced July 19 it will sell an additional 3.5 million shares to raise capital to expand its staff and technology offerings.
ZEFR sells to Vobile; HyreCar prices 3.5 million additional shares; Virgin Orbit to provide RAF launch services
AEROSPACE: Company’s alumni launch local ventures
Alumni of SpaceX are leading a renaissance in aerospace.