Chairman David Carlick will serve as interim CEO while the board searches for a new chief.
Howard Klein orders up Italian eatery to add to Factory Place complex.
Developer Howard Klein looks to set the table for downtown L.A. inhabitants with a new Italian eatery.
The Santa Monica company announced Thursday that Humankind Design Ltd. has agreed to stop registering accounts and posting reviews on the Edmunds website.
As part of the deal, Kirsten Green, founding partner at Forerunner Ventures, will join the Retention Science board.
An Intel spokesman confirmed with the Business Journal that Intel's L.A. office will be located on Colorado Street in Santa Monica.
Docstoc has acquired New York recommendation site BestVendor to further build out its suite of products.
StyleSaint built online community then products
StyleSaint has refashioned the online retail model by creating a community of buyers before creating the products.
The 18-person company plans to use the funding to continue to build out its technology platform and grow its network.
The New York credit card company announced this week that it has integrated its prepaid debit accounts with the reward system used in Riot Games' popular online title "League of Legends."
The funding will go toward the Venice startup's clothing line, which launched earlier this month.
The Santa Monica company announced Monday morning that it has taken its first round of institutional investment.
This is the second straight quarter that Boingo has exceeded expectations, giving the company a needed boost after suffering last year from the proliferation of free Wi-Fi hot spots.
Santa Monica's Demand Media on Wednesday reported second quarter net income of $1.1 million, up from $100,000 during the same period last year.
J2's bottom line is starting to reflect the company's attempt to diversify from an e-fax business to a cloud technology and digital media company.
The National Music Publishers' Association, a trade group based in Washington, D.C., brought a copyright infringement claim against Culver City's Fullscreen, alleging that the company's YouTube artists used unlicensed music in their online videos.
The platform is an expansion of Demand's eHow business, which features how-to articles and videos on everything from cooking a turkey to changing a headlight.
The Santa Monica company, which develops talent management and human resources software, reported a net loss of $8.7 million (17 cents a share) for the quarter ended June 30.
Ouya, the Santa Monica company behind the console of the same name, sent an email apology over the weekend to people who crowdfunded the device on Kickstarter or pre-ordered it.
INTERNET: Matt Edelman to take advisory role as Glossi pursues new chief.
Online magazine platform Glossi shuts the book on Matt Edelman’s term as chief executive.
Formerly called Game Station, the network has been re-launched to expand from its video game roots.
The demo day was the culmination of the 12-week startup mentorship program.
The company uses data analytics to evaluate when a lender should offer loans to people with low credit.
Matt Edelman, who spent the last three years transforming struggling fashion website ThisNext into digital publishing startup Glossi, is stepping down as chief executive of the Santa Monica company.
JustFab, the El Segundo subscription e-commerce site, has filed a trademark infringement suit against New York online retailer Fab.com.
After a sluggish start to the year, Los Angeles County companies raised $247 million during the second quarter, according to a report from City National Bank.
The Santa Monica video game publisher announced late Thursday night that it will buy 429 million of Vivendi's shares for $5.8 billion, or $13.60 a share.
Thirteen-year-old Daniel Singer hopes the free app will hook users by offering up clues about the messenger's identity.
Panjo said it will use the financing to grow its marketplace and expand its partner network.
Car review and shopping website Edmunds.com Inc. has sued a Texas company for allegedly creating fake accounts to post reviews of car dealers on the Edmunds website.
Belkin name hits road with sponsorship of Tour de France team.
Belkin hopes its Tour de France sponsorship puts the router company on the road to a higher profile.
The equity and debt investment, EdgeCast's series D, was led by Greenwich, Conn., private equity firm Performance Equity Management.
On Wednesday the company rolled out NearWoo, a platform that lets small businesses advertise on mobile phones through location technology.
Tinder on Tuesday announced that Android users can now find love through the app.
The report, which looks at the first six months of the year, found that 94 startups formed during the period.
Owners NBCUniversal, 21st Century Fox and Walt Disney Co., have taken the site off the market. Instead, they announced Friday morning they will invest another $750 million the company.
Private companies venture capital funds and hedge funds will soon be able to advertise their fundraising efforts.
Surf Air has added flights to and from Santa Barbara.
Writers' Group Film Corp. announced Tuesday that it will acquire Amiga Games Inc., which licenses and republishes video games originally created for Commodore PCs.
The platform provides content creators and brands with apps that will help them build their audience and monetize their content.
Factual released two products Tuesday to help mobile app developers and publishers better understand the habits of their users.
ONLINE: CityGrid casts hefty layoffs in terms of streamlining operations.
CityGrid Media chops around two-thirds of its staff as it maps out a leaner business model.
BeachMint, the three-year-old Santa Monica e-tailer, is denying a report that it had let go of its two founders and plans to return millions of dollars to investors.
The Beverly Hills financial advisory firm sold the company, which was operating under Chapter 11 of the bankruptcy code, back to Michael Birch, its founder, for about $1 million.
FIGS announced Monday afternoon that it has raised $2 million in funding from Santa Monica's Karlin Ventures and others.
According to a statement, the layoffs will "increase operating efficiency, reduce costs and have a meaningful impact on the company’s future profitability."
Tech firms connect with downtown Arts District
Downtown L.A.’s gritty Arts District has clicked as a sister scene to the Westside’s Silicon Beach.
After testing its platform for buying and selling mobile ads for six months, Santa Monica startup Gradient X has made its technology publicly available.
Earlier this week they launched Innovate Pasadena, a non-profit that will organize events and provide resources to entrepreneurs.
The Bouqs, a Venice online flower shop, announced Tuesday that it has raised $1.1 million in seed funding from Quest Venture Partners in Menlo Park and Siemer Ventures in Santa Monica.
The investment – a series B – is worth $60 million according to a filing with the Securities and Exchange Commission filing, and the two-year-old company now carries a reported value of $800 million.