Los Angeles Business Journal

Recent Stories

Report: Ouya Receives $10 Million Alibaba Investment

Ouya, a Santa Monica video game console creator, received a $10 million investment from Alibaba last month, according the Wall Street Journal.

HelloTech Raises $2.5 Million

HelloTech has raised $2.5 million in seed funding to create an on-demand network of IT technicians to help consumers with their electronics problems.

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L.A. Launch List: Jan. 30

On this week's list: a peer-to-peer marketplace for event space rentals, children's mobile games and a grocery savings app.

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Whitney Wolfe Says Goodbye Tinder, Hello Bumble

Whitney Wolfe is more than ready to leave the Tinder drama behind.

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.

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