Silicon Beach Report Nov. 3: Online Discount Store Hollar Raises $30 Million

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Online discount store Hollar raises $30 million, Oben raises $7.7 million, and Activision Blizzard shares fall.

Online Discount Store Hollar Raises $30 Million

Online discount store Hollar has raised $30 million, reports Fortune. Most items on the website cost about $2 and the average customer spend $30 per order, for about 10 items.

Oben Raises $7.7 Million for 3-D Scanning Faces into Virtual Reality

Oben has raised a $7.7 million round led by DunAn Group of China, reports VentureBeat. The Pasadena startup’ software can scan a human face and then insert that visage into a virtual reality world.

Activision Shares Fall on Weaker Than Expected Forecast

Though the company’s third quarter earnings were higher than expected, $1.63 billion, Activision Blizzard’s shares fell 4 percent in after-hours trading on Thursday to $41.80, reports Fortune. The company forecast adjusted earnings of 74 cents a share for the fourth quarter, but analysts were expecting 80 cents a share.

Technology reporter Garrett Reim can be reached at [email protected]. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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