Top News

  • Wednesday, November 25, 2015

    Travo Takes $2.4M For Business Travel Reservations

    Los Angeles-based Travo, a startup developing a service to help business travelers book business trips, has raised $2.4M in a seed funding round. The funding came from Great Oaks Venture Capital, Baroda Ventures, Valence Ventures, TYLT Lab, and angels. Travo is led by Tae Lee, who also is an advisor to First Round Capital, and was EVP of Product and operations at ZEFR.Continue →

  • Wednesday, November 25, 2015

    Goldstar Events Raises $20M

    Pasadena-based Goldstar Events, the event ticketing firm led by
    James McCarthy, has raised a little over $20M in a funding round, according to a regulatory filing by the firm. No details on that funding--which look to be the company's first ever--have been announced by the company. the filing said that 18 investors participated in the funding, worth $20.329M....Continue →

  • Wednesday, November 25, 2015

    United Online Considers Strategic Alternatives, Rejects B. Riley Takeover

    Woodland Hills-based United Online announced this morning that it has embarked an a "review of strategic alternatives", including the potential sale of the company or sales of its assets, after an unsolicited takeover offer from B. Riley Capital Management. According to United Online, it is looking to "maximize shareholder value" in the strategic review, and it also has rejected, outright, the offer from B. Riley. United Online said the takeover offer from B....Continue →

  • Wednesday, November 25, 2015

    Mixcord Raises $1M For Social Sharing App

    Los Angeles-based Mixcord, a startup developing a mobile app which lets performers record, synchornize, and share their vocal harmonies, dances and skits, has raised $1M in a seed funding round. The funding came from Mucker Capital, Social Starts, and angels. Mixcord was founded by Ihung Tu, and says its app, Acapella, has been used by such artists as Lil Wayne, Young Money, Austin Mahone and Von Grey, along with other celebrities, aspiring singers, and fans....Continue →

  • Tuesday, November 24, 2015

    SpaceX Gets Challenge From Blue Origin

    Hawthorne, California-based space rocket developer SpaceX has its first, real, commercial competition, as of Monday, after competing rocket developer Blue Origin launched its first successful test into space. SpaceX---which was given the order last week to start working on a manned mission to deliver astronauts to the ISS--has so far dominated the market for commercial rocket launches, despite the claims and efforts of a number of potential competitors. Blue Origin is backed by Amazon....Continue →

  • Tuesday, November 24, 2015

    PatientPop Picks Up $10M

    Santa Monica-based PatientPop, a startup developing software for healthcare providers, has raised $10M in a Series A funding, according to the company. The funding came from Toba Capital. The startup, founded by Luke Kervin and Travis Schneider, develops software that manages patient acquisition, retention, analytics, and more. The company said the new funding brings its total raised to $13.3M....Continue →

  • Tuesday, November 24, 2015

    DoorStat: Using Vision Recognition To Improve Business Analytics

    Many businesses--particularly in sports, entertainment, and retail--don't have a very good idea of the demographics of their clientele. How can you get a better handle of who your customers are, by using technology? Los Angeles-based DoorStat ( recently moved here from Chicago—tells us about how it is using vision recognition software to help businesses, such as entertainment venues, better understand who their customers are....Continue →

  • Tuesday, November 24, 2015

    PMC-Sierra Goes To Microsemi After Bidding War

    Aliso Viejo-based Microsemi and PMC-Sierra said this morning that the two have entered into a definitive agreement, where Microsemi will acquire PMC-Sierra, for approximately $2.5 billion. The deal comes after a bidding wart between Microsemi and Skyworks Solutions to acquire PMC-Sierra, which had agreed in October to be acquired by Skyworks for $2.4 billion. Microsemi says it is paying $9.22 in cash and 0.0771 share of Microsemi common stock for each share of PMC common stock....Continue →

  • Tuesday, November 24, 2015

    Google Launches Mortgage Search Engine In California

    Home buyers in Southern California have yet another place to search for mortgages, as of yesterday: Google. Google said it has rolled out a new mortgage comparison tool, Google Compare for U.S. mortgages, allowing buyers in the Golden State to shop around for a mortgage, finding the best rates, and allowing users to apply using their smartphone or desktop computer for those mortgages. Google has tied into existing, mortgage search providers Zillow and Lendingtree to power the new service....Continue →

  • Tuesday, November 24, 2015

    OpenX Ties Into Ad Quality Program

    Los Angeles-based programmatic advertising technology provider OpenX said Monday that it has tied into an ad quality effort being run by PubNation. According to the two companies, OpenX is the first certified technology partner for PubNation's Ad Quality Platform, which helps identify and remove bad advertisements using crowdsourcing.Continue →

  • Monday, November 23, 2015

    TrueCar Names New CEO

    Santa Monica-based online car buying startup TrueCar announced today that it has named Chip Perry, the former CEO of, as its new President and CEO. According to TrueCar, Peery will take the reigns at the company effective December 15th, taking over from TrueCar founder Scott Painter, who is stepping down from the company. Painter also leaves the company's board and steps down as chairman. Perry was the first employee of AutoTrader....Continue →

  • Monday, November 23, 2015

    Dollar Shave Club Ups Funding Round To $90.7M

    Los Angeles-based Dollar Shave Club, the subscription razor delivery startup led by Michael Dubin, has upped its latest funding round to $90.7M, and is aiming at raising over $100M, according to a regulatory filing by the company. The additional funding is on top of $75M raised by the startup in June, as part of the same round. Details on the additional funding in the round were not annoucned....Continue →

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