Richard Raffetto will replace Christopher Warmuth as City National Bank's president.
Startup also rolls out device for inspection, traceability
Elementary Robotics Inc., a downtown-based robotics startup, has raised $12.7 million in Series A funding.
City Council prioritizes social equity, launches lottery
The city of Los Angeles has passed sweeping changes to its cannabis regulatory regime, with big implications for the industry in the one of the world’s largest legal markets.
Platinum Equity has purchased Deluxe Entertainment Services' distribution business.
Internet services firm J2 Global Inc. has hit back at a short seller report that drove its stock down 9%.
Private equity fund will pursue opportunities during Covid-19 downturn
Century City-based asset manager Ares Management Corp. has closed a $3.5 billion private equity fund.
Company will use funds for SaaS platform
Hollywood-based Pipe Technologies Inc. has raised $60 million in an extension of its February seed round.
Clearlake Capital Group has acquired a majority stake in WhiteStar Asset Management.
Outer attracts investment from Mucker, Wavemaker
Santa Monica-based outdoor furniture startup Outer Inc. has raised $4.3 million in seed funding. The investment round was led by Santa Monica-headquartered Mucker Capital, with participation from a range of other venture investors including Santa Monica-based Wavemaker Partners.
Kleiner Perkins, Upfront back data security startup
Data security startup Open Raven Inc. has raised $15 million in Series A funding. The round was led by storied Menlo Park venture firm Kleiner Perkins with participation from existing backer Santa Monica-based Upfront Ventures.