Los Angeles Business Journal


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Lego Strategy Taking Shape

ENTERTAINMENT: Toymaker follows Disney’s footsteps in film.Movies could prove the missing piece that puts toymaker Lego on the same footing as Disney.

By Sandro Monetti January 26, 2015 midnight   Share

Report: Ouya Receives $10 Million Alibaba Investment

Ouya, a Santa Monica video game console creator, received a $10 million investment from Alibaba last month, according the Wall Street Journal.

HelloTech Raises $2.5 Million

HelloTech has raised $2.5 million in seed funding to create an on-demand network of IT technicians to help consumers with their electronics problems.

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L.A. Launch List: Jan. 30

On this week's list: a peer-to-peer marketplace for event space rentals, children's mobile games and a grocery savings app.

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Whitney Wolfe Says Goodbye Tinder, Hello Bumble

Whitney Wolfe is more than ready to leave the Tinder drama behind.

Cargomatic Hauls in $8 Million

Cargomatic, which connects shippers with local truckers to eliminate unused cargo space via an Uber-like app, has raised $8 million to scale and expand into new markets.

L.A. County Sees Record VC Funding

L.A. County set a record for VC funding last quarter, buoyed by Snapchat’s $485 million round that closed out the year.

Lootsie Raises $3.5 Million

The Culver City startup incentivizes users to engage with an app by awarding points that are redeemed for real-life prizes.

HookLogic Sets Up Santa Monica Office

HookLogic, a New York commerce search advertising company, has established its West Coast office in Santa Monica.

J2 Global Extends Carbonite Offer

Internet software and service provider J2 Global has extended its $415 million bid to acquire backup storage firm Carbonite.

Snapchat Helps Users ‘Discover’ News

Snapchat’s long-rumored Discover feature has been unveiled.

Fullscreen Establishes Sales HQ with Hires

Multichannel network and digital media company Fullscreen has established its sales headquarters in its New York office with two executive hires there.

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Fullscreen Forms Feature Film Division

The Culver City multichannel network and digital media company today said it would launch a division to develop and produce original feature-length movies using its online talent base.

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L.A. Launch List: Jan. 23

On this week's Launch List: $5 Wi-Fi, another valet app and funny weather.

Woven Digital Scores Dime Magazine

Online publisher Woven Digital of Culver City has acquired basketball news publication Dime Magazine to help expand the sports division of its biggest web property Uproxx.

Evolve Media Acquires DogTime

Online publisher Evolve Media has acquired DogTime Media and its two pet-enthusiast properties, DogTime.com and CatTime.com.