Los Angeles Business Journal


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

Solid Concepts Is Acquired

Stratasys, an international 3-D printing company, said it plans to buy Valencia’s Solid Concepts Inc. and another private company in Texas, and will merge them with its own manufacturing subsidiary.

Rubicon Project Goes Public

Shares of Rubicon Project Inc. on Wednesday rose more than a third in its New York Stock Exchange debut.

New CEO at ReachLocal

Internet advertising company ReachLocal Inc. has named Sharon Rowlands as its chief executive, the company announced Wednesday.

AwesomenessTV Buys Multi-Channel Network Big Frame

Los Angeles content maker and distributor AwesomenessTV has acquired Hollywood YouTube network Big Frame in a $15 million cash deal, marking yet another acquisition in the red-hot multichannel network market.

Platinum Equity Sells Tech Holding

Platinum Equity on Wednesday said that has sold Truesense Imaging to On Semiconductor Corp., a Phoenix maker of chips for electronic systems.

Mobile Video Game Studio Gets $5 Million From Accel

Pasadena mobile game maker Industrial Toys announced Tuesday that it has secured $5 million in Series A funding from Accel Ventures, according to a statement.

Machinima Names New Chief Executive

YouTube multichannel network Machinima announced Monday that Chad Gutstein, former chief operating officer at Ovation television network, will become the company’s new chief executive

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Music Streaming Service Cues Up Revenue Plan

INTERNET: Plug.dj says money not focus as it seeks to navigate rights issues.

Music streaming service Plug.dj sounds out a revenue model it’s works to get a handle on rights issues.

Former Law Students Seek to Forge Online Links

INTERNET: Duo launches website to help customers connect with attorneys.

Michael Chasin and Aaron George were fellow students at Loyola Law School when they took a look at the industry they were about to enter and noticed a problem.

Fullscreen Acquires Gaming Network ScrewAttack

Culver City YouTube network Fullscreen announced Friday that it has acquired ScrewAttack, a Dallas website and YouTube channel for video gamers.

Realty Mogul Raises $9 Million in Series A Round

Beverly Hills real estate crowdfunding company Realty Mogul has raised $9 million in Series A financing from Canaan Partners, according to a press release.

German Media Conglomerate Invests In Collective Digital Studio

Collective Digital Studio, a Los Angeles multichannel YouTube network, has received an eight-figure minority investment from German media giant ProSiebenSat.1 Group, according to a statement released on Thursday.

David Nazarian Gives $10 Million to CSUN Biz School

Cal State Northridge will rename its business school after David Nazarian following a $10 million gift by the L.A. tech and real estate investor.

NBCUniversal to Shut Down DailyCandy, Television Without Pity Sites

NBCUniversal is shutting down two websites next month after failing to find buyers for either property, according to media reports on Thursday.

GoCoin Nabs $1.5 Million in Series A Funding

Santa Monica alternative currency payment processor GoCoin announced today that it had raised $1.5 million in Series A funding. The round was led by Silver Spring, Md., bitcoin online retailer Bitcoin Shop Inc. and Owen Van Natta, former chief operating officer of Menlo Park Internet giant Facebook Inc.