Los Angeles Business Journal


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

Northrop Aims to Land Big One

Aerospace: Winning bid for spacecraft could lift entire sector.A winning bid by Northrop Grumman to develop a space plane could help the local industry take wing.

By Omar Shamout September 15, 2014 midnight   Share

UC Regents to Consider $250 Million VC Fund

The University of California Board of Regents is set to hear a proposal that will establish a multimillion-dollar venture capital fund to back startups founded on student and faculty research. The Wall Street Journal reported the fund could be as large as $250 million.

AAA Renews Partnership With TrueCar

Santa Monica car-buying company TrueCar Inc. renewed a deal with insurance giant AAA, announcing Monday it will continue to power the auto club’s online auto-buying program.

Former Scopely Exec Launches MobLabs

Andy Kleinman knows mobile games. But now, Kleinman has a bit of game fatigue having worked in the industry for nearly a decade. So he’s getting out. At least that’s the plan.

JibJab Acquires Make Believe Labs and Hello Santa

JibJab Bros. Studios, a digital media production company, has acquired Make Believe Labs and its live video call service Hello Santa.

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Gem Shines on Bitcoin Security

Though accepted at retailers such as Amazon.com, Sears and CVS, Bitcoin is still trying to shake the mainstream perception that it is black market currency used in degenerate corners of the Web.

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Data Analyzer Looks to Grow Its Client Numbers

Marketing: Retail sites no longer sole focus of business for Retention Science.

Retention Science looks to get a hold on new sectors for its customer-evaluation data services.

AssetAvenue Secures $3 Million Seed Money

AssetAvenue, an online commercial real estate lending platform, has raised $3 million in seed funding.

DTS Acquires Manzanita Systems

Audio technology company DTS Inc. is acquiring Manzanita Systems, a Poway software developer for digital television, video-on-demand and other platforms.

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L.A. Launch List: Sept. 12

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches.

Conversant Acquired for $2.3 Billion

The ad tech firm Conversant Inc. has agreed to be acquired for $2.3 billion in cash and stock. The Westlake Village company formerly known as ValueClick is to be bought by Alliance Data Systems Corp., a data marketing service provider in Plano, Texas.

Deluxe Buys Cloud Service Mediapeers

Deluxe Entertainment Services Group Inc. has acquired German business-to-business cloud service provider Mediapeers for an undisclosed amount.

CU Wallet Gets Investment

CU Wallet, a mobile payments tech provider, has received an investment from one of the largest credit unions in the country, Security Service Federal Credit Union in San Antonio.

Ticketmaster Acquires Eventjoy

Ticketmaster, a division of Live Nation Entertainment, has acquired mobile ticketing platform Eventjoy.

Cross Campus Old Pasadena Open for Tour

Cross Campus, a Santa Monica co-working space for tech entrepreneurs, is giving a first look at its second location in Old Pasadena.