LA BUSINESS JOURNAL DAILY NEWS
Makemoji, whose mobile app helps users create their own emoji characters, has raised $1 million in seed funding.
Commerce warehouse retailer Smart & Final Stores Inc., which filed for an IPO in June, will begin trading Wednesday according to Reuters PEHub. The company will offer about 13.5 million shares, priced between $12 and $14. At the midpoint of that range, the IPO would raise about $175 million and value Smart & Final at about $925 million.
The Los Angeles Business Journal brings you a weekly roundup of L.A. launches.
California Resources Corp., the new and homeless spinoff from Occidental Petroleum Corp., is beefing up its presence in Long Beach, a move city officials hope will lead to the oil producer siting its headquarters there.
West Hollywood’s fur ban might only be skin deep as city and shop owners remain unsure of its enforcement.
L.A.’s unemployment rate held steady at 8.1 percent for August even as the county gained nearly 18,000 jobs as some schools reopened after summer vacation, according to state figures released Friday.
Shuttlerock, a New Zealand visual marketing software company, has opened its U.S. headquarters in Silver Lake after raising a $2.4 million in a Series A round.
Docupace Technologies, an electronic document processing platform provider, has secured its first raise.
Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.
Gov. Jerry Brown on Thursday signed a bill to more than triple funding for California's film and TV tax-credit program.
The Dow Jones industrial average rose 109 points in Thursday trading to close at 17,266. The S&P 500 rose 10 points to close at 2,011. The Nasdaq rose 31 points to close at 4,593. The LABJ Stock Index was flat at 205.
Efforts to overhaul Pershing Square, a five-acre urban park spanning a full city block in the heart of downtown Los Angeles, got a major boost Wednesday when a San Francisco real estate developer and the city together pledged $2 million to its revitalization.
Kin, which offers women’s lifestyle video content, has closed a $12 million Series C round, bringing its total funding to date to $27 million.
You can expect a bit more fame for FameBit co-founder Agnes Kozera, whose Santa Monica marketing startup has launched as one of the first companies in the 500 Women syndicate.
Manhattan Beach footwear giant Skechers USA Inc has been laced up in infringement cases lately – on both sides of the docket.
Burbank Civic Plaza, a Class A office building in the city’s civic center, has sold to a Chinese investment group for $22 million, or about $287 a square foot.
The Dow Jones industrial average rose 25 points in Tuesday trading to close at 17,157. The S&P 500 rose three points to close at 2,002. The Nasdaq rose nine points to close at 4,562. The LABJ Stock Index was flat at 205.
Metacloud, a cloud service company in Pasadena, is to be acquired by networking giant Cisco Systems Inc. of San Jose.
Spark Networks Inc., the company behind special-interest matchmaking sites such as ChristianMingle.com and JDate.com, has seen more of its customers fall for competing dating services.
San Francisco snack food manufacturer Popchips Inc. will move its headquarters to Playa Vista next month.