Elijah Chiland
Stories by Elijah
Electrify America to Invest $25 Million in Ports Area
EV infrastructure company Electrify America will invest $200 million into charging stations and zero-emission vehicle education campaigns in California.
Subscription Software Developer ReCharge Hits $2.1 Billion Valuation
ReCharge Inc., the developer of a subscription payments platform for ecommerce companies, has raised a whopping $277 million in a funding round.
SpaceX Successfully Lands Starship in Test Flight
It took five tries, but SpaceX successfully completed a high-altitude test flight of its Starship spacecraft.
Activision Blizzard Posts Strong Q1 Results
Activision Blizzard's share price shot up 4% in after-hours trading as the company reported $2.28 billion in first-quarter revenue.
Miso Robotics Releases Cooking Software for Restaurants
Miso Robotics Inc. will make the software behind its kitchen automation technology available to foodservice businesses as a standalone product.
SpaceX Capsule Returns Space Station Astronauts to Earth
Four astronauts returned to Earth from the International Space Station aboard a SpaceX-designed capsule on May 2.
Guesty Raises $50 Million for Vacation Rental Management Platform
Santa Monica-based Guesty Inc. is gearing up for “hypergrowth” of its business developing software for vacation rental hosts.
SpaceX Ramps Up With New Missions and Deals
SpaceX launched its third crewed mission on April 23, sending four astronauts to the International Space Station.
CreatorPlus Launches Film Studio for Influencers
Digital influencers can generate audience sizes worthy of a Hollywood blockbuster — but could they actually make hit film of their own?
LA Tech Companies Shake Up Real Estate Industry Norms
Here’s a look at companies around Los Angeles bringing a tech-based approach to the real estate industry.
Snap Posts First Positive Cash Flow
Snap Inc. recorded positive free cash flow in the first quarter of 2021, the first time the company has done so since going public in 2017.
USC to Build New Computer Science Hub
USC officials will break ground May 6 on a new building that could become a key center for technological advancement in Los Angeles.
TikTok Names New CEO
TikTok named Shouzi Chew, chief financial officer at parent company ByteDance Ltd., as CEO for the social media company.
SpaceX Launches Third Crewed Mission
SpaceX launched its third crewed mission April 23, sending four astronauts to the International Space Station.
Universal Hydrogen Raises $21 Million for Airplane Fuel Cells
Venice-based startup Universal Hydrogen Co. has raised $20.5 million for its hydrogen fuel cell technology.
Pragma Raises $12 Million for Multiplayer Video Game Engine
Pragma Platform Inc., the developer of a software engine for video game designers, has raised $12 million in a Series A funding round.
Bespoke Financial Raises $8 Million for Cannabis Lending Platform
Santa Monica-based Bespoke Financial Inc., has raised $8 million to expand its financial offerings for businesses in the cannabis industry.
GumGum Lands $75 Million Investment From Goldman Sachs
Santa Monica-based advertising technology company GumGum Inc. announced a new $75 million investment April 13 from the growth equity division of Goldman Sachs Group Inc.
Triller Makes Two Acquisitions, Appoints New CEO
Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite.
Parabol Aids Businesses With Hybrid Work Environments
Over the last year, the need for software tools to aid teams of remote employees has become obvious for most businesses.
Tech Company Vana Helps Cannabis Companies Build Their Brands
Vana Technologies Inc. founder and Chief Executive Sheldon Owen saw that companies selling cannabis products would need technological tools to advertise in compliance with regulations.
Local Aerospace Companies Play Major Roles in NASA’s Moon Missions
Later this year, Long Beach-based rocket manufacturer Rocket Lab USA Inc. will attempt its first mission to the moon.
SpaceX Wins $2.9 Billion NASA Contract
The next astronauts to land on the Moon will likely do so in a spacecraft designed by SpaceX.
Therabody Acquires PowerDot for $34 Million
Health and fitness technology company Theragun Inc., doing business as Therabody, has acquired PowerDot Inc. for $34 million.
SpaceX Raises $1.2 Billion in Latest Funding Round
The Hawthorne-based company has pulled in well over $3 billion of investment since the start of 2020.
Virtualitics Raises $18 Million for Data Analytics Software
Pasadena-based data analytics software company Virtualitics Inc. has raised $18 million in a Series B funding round led by North Sound Ventures.
Tagger Media Raises $9 Million for Influencer Marketing Service
Tagger Media, the Santa Monica-based developer of a software platform for influencer-based marketing campaigns, has raised $8.5 million in Series A funding.
AmazeVR Raises $10 Million for Virtual Reality Concerts
AmazeVR Inc., a West Hollywood-based startup that uses VR to create live music experiences, has raised $9.5 million.
Space Force Establishes Major Command Center in El Segundo
Space Force officials announced April 8 that Los Angeles will be a key base of operations for the recently established branch of the U.S. armed forces.
Players to Know in LA’s Fast-Growing Professional Esports Industry
Most Los Angeles residents are well-acquainted with local teams like the Dodgers, Lakers and Rams — as well as the massive venues where they play their home games.
Community Lands $40 Million Investment
Community.com Inc., a messaging platform that enables celebrities and brands to communicate directly with fans, has received a $40 million investment.
OSI Systems Announces $10 Million in New Contracts
Security and health care systems manufacturer OSI Systems Inc. announced a pair of new contracts this week worth a combined $10 million.
SpaceX Launches 10th Mission of 2021
Space Exploration Technologies Corp. launched another 60 Starlink satellites on April 7, completing its 10th mission of 2021.
Cast & Crew Acquires Expense Management Software Developer
Burbank-based payroll company Cast & Crew announced April 7 that it has acquired LeBog Software, the developer of an expense management system called Digital Purchase Order.
ABL Space Systems Lands Launch Contract With Lockheed Martin
Rocket manufacturing startup ABL Space Systems Co. has secured Lockheed Martin Corp. for up to 26 launches through 2025.
Leaf Group to Be Acquired for $323 Million
Santa Monica-based internet services company Leaf Group is set to be acquired by media conglomerate Graham Holdings in a deal valued at $323 million.
Piestro Uses Robots to Make Pizzas
Massimo Noja De Marco has been in the food service and hospitality industry for decades, with stints at Wolfgang Puck Catering, SBE Entertainment Group and Wurstkuche Restaurants.
Aspiration’s New Credit Card Helps Shoppers Cut Their Carbon Footprint
Each time a user makes a purchase with the company’s new credit card, Aspiration will work with reforestation organizations around the world to plant a tree on the customer’s behalf.
How Hyperloop Is Prioritizing Passenger Experience
Hyperloop Technologies Inc., doing business as Virgin Hyperloop, is testing a prototype of a transportation system that could carry passengers through nearly airless tunnels at speeds reaching 700 mph.
Haystack Helps Companies Manage Remote Workers
For large companies with hundreds — or even thousands — of employees, managing human resources functions and communicating with workers can be a challenge.
ServiceTitan Secures $500 Million
Glendale-based ServiceTitan Inc. is quickly becoming one of the most valuable startups in the Los Angeles area.
SpaceX Test Flight Ends in Another Crash Landing
SpaceX's fourth high-altitude test of its Starship spacecraft ended in another massive explosion.
Counterpart Raises $10 Million for Insurance Tech Platform
Insurance technology company Counterpart Inc. announced March 23 that it had raised $10 million in funding to support the growth of its management liability insurance platform for small businesses.
FaZe Clan Is Changing the Game for Esports
Describing esports to those unfamiliar with the concept can be tricky, and FaZe Clan Inc. Chief Executive Lee Trink said it’s even harder to sum up what his company does.
Orca Security Hauls in $210 Million for Cloud Security Product
It has been a big year for cybersecurity company Orca Security Ltd. In just the last 12 months, Orca has completed three funding rounds, bringing in nearly $300 million to fund the rapid expansion of its business.
MaC Venture Capital Raises $103 Million Fund
MaC Venture Capital, a seed-stage venture capital firm launched in 2019, announced March 25 that it had raised an inaugural $103 million fund for investments in early stage startups.
Investors Step Away From Dispo After Sexual Assault Allegations
Investors are backing away from social media app Dispo Inc. in light of sexual assault allegations against an associate of co-founder and YouTube celebrity David Dobrik.
SpaceX Launches Fourth Starlink Mission This Month
SpaceX completed its fourth mission in March, launching 60 Starlink satellites from the Cape Canaveral Space Force Station.
Second-Home Marketplace Pacaso Valued at $1 Billion
Real estate technology startup Pacaso has raised $75 million in funding at a $1 billion valuation.
Rocket Lab Launches 100th Satellite
Long Beach-based aerospace company Rocket Lab USA Inc. launched six satellites in its second mission of 2021.
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