Los Angeles Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Sold on Future

Retailer American Rag hopes to fashion e-commerce site that will click online.American Rag Cie hopes to tailor its new e-commerce site to convey the boutique’s unique style.

By Subrina Hudson October 5, 2015 midnight   $$ Share

Money Manager Platform InvestCloud Raises $45 Million

InvestCloud Inc. of Beverly Hills, a developer of apps for money managers, has raised a $45 million round from FTV Capital.

SpaceX Gets Starring Role in Moon-Landing Competition

Hawthorne’s Space Exploration Technologies, or SpaceX, and its Falcon 9 rocket launcher could have a role in helping to send the first privately-funded space team to the moon.

L.A. Investors Buy League of Legends E-sports Team

A group of mostly L.A. tech investors has purchased a League of Legends e-sports team known as Team 8 for an undisclosed amount.

ZestFinance Lands $150 Million from Fortress Investment Group

ZestFinance, an online lender targeting previously untouchable sub-prime borrowers, has received $150 million from investment-management group Fortress Investment Group.

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J2 Buys Nine Companies, Spends $265 Million on Purchases This Year

J2 Global Inc.’s acquisition streak rolled on in the third quarter as the Internet service provider consumed nine more companies.

AwesomenessTV Partners with Endemol to Push Content Internationally

Digital media company AwesomenessTV will launch content outside the United States as part of a multiyear agreement with Endemol Shine Group.

L.A. Tech Events Calendar: Oct. 5 – 18

Roundup of L.A. tech events in the next two weeks.

Silicon Beach Deal Flow: Oct. 2

A weekly roundup of must-read L.A. tech investments and acquisitions.

Silicon Beach Launch List: Oct. 2

A weekly roundup of L.A. tech company and product launches.

Snapchat’s Ad Experiments Continue with Sponsored Lenses

Snapchat will begin selling sponsored picture and video lenses this fall, reportedly for as much as $750,000 a day.

Virtual Reality Startup Vrse Lands New Executive, Seed Funding

Virtual reality media company Vrse has closed a seed round and made a key executive hire.

TenOneTen Ventures Raises $18 Million Seed Fund

Seed investment firm TenOneTen Ventures of Century City has closed an $18 million fund.

BuzzFeed Puts Brakes on Deal at Ford Factory

BuzzFeed will not be moving into Shorenstein Properties’ Ford Motor Factory Building after all.

SolarReserve Brings in Nearly $20 Million for Solar Plants in South Africa

Solar power-plant company SolarReserve of Santa Monica has raised $19.3 million in convertible notes to invest in possible solar power plants and related insurance bonds in South Africa.

Digital Marketing Agency Dustland Bought by Verndale

Digital advertising agency Dustland of Culver City has been acquired for an undisclosed sum by Boston’s Verndale.