Tech Under-Represented Among L.A.’s Wealthiest
Activity in the L.A. tech sector has been bubbling, but the industry has yet to create the types of billionaires found in Silicon Valley.
Edgecast Shops for E-Commerce Clients
The Santa Monica company has created a special network for delivering e-commerce data to computer screens.
Bill Gross Looks to Repeat Ad Success
Idealab company UberMedia on Wednesday launched UberAds, a mobile advertising platform that seeks to make ads on phones and tablets more relevant to people.
Burstly Reorganizes After Acquisition
On Tuesday, the Santa Monica company announced that it has become the parent for a line of three mobile services.
Mobile Marketing Firm Mogreet Agrees to Purchase by Payvia
Mobile payment company Payvia announced Monday it acquired text message marketing platform Mogreet. The companies did not disclose terms of the deal.
Digital Media’s Expansion Spurs Firm’s Growth Plan
LAW: Manatt Phelps sees enough opportunity to create industry division.
Manatt Phelps & Phillips courts digital media firms with a new division that includes a venture fund.
Pheed App Heads to Android
Pheed quietly made the Android version of the app available for download earlier this week.
Manatt Launches Digital Media Investment Arm
Manatt announced Wednesday that it has brought on technology entrepreneur and digital media veteran Peter Csathy to run the investment operation, Manatt Digital Media Ventures.
StyleHaul Raises $6 Million More
StyleHaul announced Tuesday that it has raised $6 million from RTL Group, a TV and radio broadcaster out of Luxembourg.
Spark Shares Climb on Analyst Attention
Shares of the Beverly Hills Internet dating company closed at their highest price yet on Monday following the news that two investment banks had initiated Spark coverage.
Twenty in Their 20s: Leora Kadisha
From the creators of an app that helps motorists find parking to furniture made from recycled cardboard, the Business Journal spotlights 20 young entrepreneurs and the ventures that turned them into their own bosses.
Activision Shares Fall On Cautious Outlook
Shares of video game publisher Activision Blizzard Inc. dropped more than 5 percent Thursday following the company’s first quarter earnings report.
Video Distributor Raises $3 Million
Video startup Yekra has raised a $3 million round to further develop its distribution and film marketing tools.
Game Console Maker Raises $15 Million
The West L.A. company announced Thursday that it has raised $15 million in a round led by Kleiner Perkins Caufield & Byers with participation from Mayfield Fund, Nvidia, Shasta Ventures and Occam Partners.
Stubbs Alderton Adds to Santa Monica Office
Anthony Keats has joined the Sherman Oaks law firm as partner to help establish a brand development and content protection practice group. He will co-chair the group with Konrad Gatien, who has also joined the firm as partner.
Viddy Returns Money to Investors
Viddy has announced that it will return $18 million of the $30 million series B round it raised a year ago.
Evolve Builds Studio for CraveOnline
CraveOnline, which publishes content for men, announced Friday that it has built a 4,000-square-foot studio at its Ladera Heights headquarters.
Boingo Adds Advertising Experience to Executive Team
Boingo announced Monday that it has appointed Nick Hulse as president, replacing Chief Executive Dave Hagan in the role.
Launchpad Portfolio Company Cooks Up Funding Round
Panna launched in November as a cooking app for iPads. On Monday it announced a $1.35 million funding round led by Santa Monica’s Anthem Venture Partners.
No Clowning Around
Two Bit Circus presents high-tech carnival as learning experience.
Two Bit Circus hits the midway with a high-tech carnival loaded with lessons for kids.
L.A. Cleantech Incubator Has First Exit
Electric vehicle charging station operator 350Green announced Thursday that it has been acquired by Car Charging Group for $5.2 million.
Hubber Wants to Bring Car Sharing to the Airport
When Hubber goes live later this month, car-owners will be able to rent out their vehicles while they are out of town and visitors to the city will be able to use those vehicles for a fee.
DreamWorks’ AwesomenessTV Acquisition Is Just the Beginning
DreamWorks Animation has announced that it will acquire YouTube multi-channel network AwesomenessTV.
Cornerstone Misses Income Mark While Revenue Jumps
Cornerstone OnDemand announced record quarterly revenue on Wednesday although its operating losses grew.
SocialVibe Co-Founder Returns as CEO
After two years away from the company he helped found, Joe Marchese has returned to SocialVibe as chief executive.
Two Bit Circus Looks to Bring Technology to Carnival Classics
Two Bit Circus launched a Kickstarter crowdfunding campaign on Tuesday to raise $100,000.
USamp Shuffles Top Ranks
USamp, an Encino online survey provider, announced Tuesday that it has appointed Alan Gould as chief executive.
NetDNA Stumbles Upon New Client
NetDNA announced Monday that StumbleUpon will seek to boost the performance of its website using NetDNA’s content delivery network.
Built In LA Celebrates Local Tech Successes
Built In LA has released its first report on the state of technology in Los Angeles.
DIY Startup Shoots for the Moon
And the company has raised $2.5 million in funding led by Century City venture capital firm GRP Partners.
L.A. Venture Capital Funding Drops Despite Tech Boost
Venture capital investments into Los Angeles County dropped for the third consecutive quarter, according to a report Wednesday.
Getting Down to Business on the Side
Media Temple has an unwritten policy that employees who want to start their own businesses are free to do so. In addition to Setzen and his candle company, there are employees who run restaurants, own party planning businesses and front bands.
Online Ad Startup Raises $3.5 Million
Nativo Inc. announced Tuesday that is has raised $3.5 million in funding led by Greycroft Partners with participation from San Francisco venture capital firm E.Ventures.
THQ Auctions Remaining Assets
Bankrupt video game publisher THQ Inc. has sold off the remaining properties in its catalog.
Startup Hopes Employers Sign Up for Sign-In Service
ONLINE: Bitium’s tool consolidates accounts and passwords for workers.
Bitium hopes to get to work linking new employees to their companies’ cloud networks.
Early Ouya Reviews Critical
Early reviews of the mini console, which taps into the Android mobile operating system to bring smartphone games to TVs, have been less than stellar.
Software Startup Launches With $2.4 Million
Bitium has created what it calls a software-as-a-service operating system designed to help businesses manage their accounts and passwords for cloud software – or software accessed via a web browser instead of downloaded to a computer.
Music Mastermind Announces Mobile Launch
Music Mastermind announced Wednesday that it will publish its music creation game, “Zya,” on iPhones and iPads through a distribution deal with Chillingo, the mobile game publishing arm of Electronic Arts Inc.
Snapchat Grows, Gets Hit With Spam
Many people who use photo messaging app Snapchat on Tuesday woke up to a spam message, the same day that Evan Spiegel, the Venice company’s co-founder and chief executive, was in New York to promote the app at a mobile conference.
Success In the Cards?
Philosophie gets down to business with game about Web development.
Web development firm Philosophie now deals in entertainment with a card game based on its industry.
Sequencing Venture Capital
Special Report: Tech Finance
Business Journal takes a step-by-step look at how funding needs are met as tech startups mature, with profiles of local investors.
L.A. Draws Outside Cash
Special Report: Tech Finance
As startup activity in Los Angeles heats up, venture capital firms and angel investors from outside the region have begun to take notice.
FieldLevel Helps Coaches Recruit Home Runs
Santa Monica technology company FieldLevel on Thursday announced its technology to help coaches find and recruit the right student athletes and vice-versa.
California Ranks Third in Milken Technology Index
The Golden State came in third in this year’s index, following Massachusetts and Maryland.
Snail Brings Game Stateside
On Wednesday Snail Games finally launched its biggest game, a massive-multi-player called “Age of Wushu,” to American audiences.
Docstoc Launches Microsoft Office Marketplace
Docstoc announced Tuesday that it will begin selling templates for legal and business documents through Microsoft Office.
Science Adds Former Mahalo Exec
Science announced Monday that it hired Jason Rapp as managing director.
YouTube Companies Turn to Traditional TV
At least two L.A. companies that focus on the YouTube space have started advertising on TV.
The Game of Philosophie
Philosophie launched a 30-day Kickstarter crowdfunding campaign for a game, called DevShop, last week. It has already raised more than 40 percent of its $5,000 goal.
Sony Enters Cloud Business
Sony Media Cloud Services launched Wednesday as an online platform for filmmakers and television broadcasters to store and share their large and complex media files.
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