Los Angeles Business Journal


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

VentureLab Launches Startup Studio

VentureLab Growth Partners looks like another incubator, but the startup studio promises to offer a more hands-on approach than traditional programs.

Upfront Ventures Files for Fifth Fund

Upfront Ventures is looking to raise $250 million for a fifth fund, according to a SEC filing.

FastPay Gets $15 Million

FastPay has received $15 million in growth equity funding from Oak HC/FT, a new $500 million venture capital fund from Oak Investment Partners that invests in health care and financial services technology.

Pluto TV Rakes in $13 Million

Pluto TV, an online video curating platform, has raised $13 million in a Series A round led by USVP.

Apple to Pre-Install Beats Music App for iOS

It seems Apple is ready to offer Beats Music and iTunes side by side – quite literally, in fact, in its iPhones.

Justin Timberlake Becomes Co-Owner of AfterMaster Audio Labs

Justin Timberlake can now add audio tech owner to his resume.

Carbonics Secures $5.5 Million

Carbonics, whose technology improves battery life and makes devices more efficient, has launched after raising $5.5 million in funding.

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Honk Takes New Turn at Roadside Assistance

Triple AAA has long been the ubiquitous go-to call for stranded drivers. But the auto insurance company’s customer is much older these days, and that’s why Honk is squarely aimed at its business.

JusTagMe Launches Charity Challenge App

JusTagMe hopes to ride the feel-good wave set by this past summer’s ALS ice bucket challenge.

Snapchat Launches Mobile Payments Service

Snapchat, in partnership with financial services startup Square Inc., has unveiled a peer-to-peer mobile payments product called Snapcash.

Rubicon Project Buys Two Ad Tech Firms

Automated advertising provider Rubicon Project has announced it will acquire two ad tech firms for a total of less than $30 million in mostly stock deals.

Seriously Raises Another $5 Million

Seriously, the mobile game studio by former Rovio execs, has secured an additional $5 million from existing investors Upfront Ventures, Sunstone Capital and Daher Capital.

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Grocer Hoping for Long Shelf Life on Internet

ONLINE: Thrive plans to deliver with natural foods sold at wholesale prices.

Thrive Market hopes its Amazon-style delivery clicks with shoppers.

Show-Biz Veteran Sees Role for Hollywood in VC

INVESTMENT: Tony Potts plans to tap connections to fund early stage firms.

The lines between Silicon Beach’s vibrant tech scene and the entertainment industry have been blurring for some time, and they’re about to get even fuzzier.

NBCUniversal Wants Storytelling Tech

NBCUniversal’s Media Labs, another entry in the studio accelerator arena, is looking for “new forms of storytelling driven by technology.”