James Cutchin

Staff Reporter

Email: jcutchin@labusinessjournal.com
Phone: 323-549-5225 Extension: 232

Recent Stories

City National Names New President

Richard Raffetto will replace Christopher Warmuth as City National Bank's president.

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Elementary Robotics Raises $13 Million

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.

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LA Hits Reset on Cannabis Licensing Program

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.

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Platinum Equity Buys Deluxe’s Distribution Business

Platinum Equity has purchased Deluxe Entertainment Services' distribution business.

J2 Denounces Short-Seller Report

Internet services firm J2 Global Inc. has hit back at a short seller report that drove its stock down 9%.

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Ares Raises $3.5 Billion for Distressed Investing

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.

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Pipe Technologies Raises $60 Million

Company will use funds for SaaS platform

Hollywood-based Pipe Technologies Inc. has raised $60 million in an extension of its February seed round.

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Clearlake Capital Acquires $6 Billion Asset Manager

Clearlake Capital Group has acquired a majority stake in WhiteStar Asset Management.

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Furniture Startup Raises $4 Million

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.

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Open Raven Raises $15 Million Series A

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.

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