Los Angeles Business Journal


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

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.

FreedomPop Offers Unlimited Wi-Fi for $5 a Month

FreedomPop is offering unlimited voice, text and data through 10 million Wi-Fi hotspots across the country for a fraction of what mobile carriers charge for similar contracts.

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Black Tux Suits Up with $10 Million Investment

Black Tux has tapped VC funding to make suiting up affordable and easy.

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HopSkipDrive Carpools Parenting and Tech

The DTLA startup has beta-launched as a ride-sharing app for parents who struggle to find safe carpools for their children.

Global Eagle’s Wi-Fi Can Now be Built into Boeing 737s

When airlines purchase Boeing 737 airplanes, the most popular jetliner in the world in terms of orders, they will now have the option to include Global Eagle Entertainment Inc.’s pre-installed satellite system.