Friday, July 26, 2019
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Stackin Snags $4.0M
Venice-based Stackin', a startup which helps consumers start saving and making investments, has raised $4.0M in a funding round, according to a regulatory filing from the company this week. Details on the funding have not yet been announced. The funding appears to include a number of angel investors, including Howard Lindzon. Stackin' says it already has over 500,000 users who use the service to save money and to start investing, all via text messaging. The company says it offers up an FDIC insu (More info...)
posted on Friday, July 26, 2019(Full story)
Report: Boring Co. Raises $120M
Los Angeles-based Boring Co., the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. Co at $920M. The funding is the first outside investment for the company. Boring Co. is in the midst of early efforts to create underground transportation tunnels, which ultimately would connect major cities with extremely high speed (More info...)
posted on Friday, July 26, 2019(Full story)
SpaceX Successfully Launches Another Resupply Flight To ISS
Hawthorne-based SpaceX has again successfully launched another spacecraft to the International Space Station (ISS), delivering 5,000 pounds of cargo into space for docking with the ISS this week. The launch--from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station in Florida--was delayed by a day. The successful launch was the third use of a Dragon spacecraft, which also was used in the CRS-6 mission in April of 2015 and CRS-13 mission in December of 2017. The Dragon spacecraft (More info...)
posted on Friday, July 26, 2019(Full story)
MarketCast Group Names John Batter As New CEO
Los Angeles-based MarketCast Group, which provides market research and consumer analytics services to the media, entertainment, sports, and lifestyle industries, has named a new CEO, and shifted its current CEO to Chairman. The company--which is owned by private equity investor Kohlberg & Company--said it has named John Batter as CEO, with current CEO Henry Shapiro shifting to Chairman. Batter was most recently the CEO of Gracenote, which is part of Tribune Media Company; he also was CEO of M-GO (More info...)
posted on Friday, July 26, 2019(Full story)
Nexa3D Expands North American Channel
Ventura-based Nexa3D, which develops 3D printers, says it is expanding its North American channel, with a new partnership with Dynamism. Dynamism is a provider of additive manufacturing solutions and services. According to Nexa3D, the addition of Dynamism will enable it to more rapidly expand its North American footprint. Nexa3D is a developer of industrial, 3D printing systems, which it says dramatically reduce 3D printing cycles of precision functional parts from hours to minutes.
posted on Friday, July 26, 2019(Full story)
BQE Software Adds HR Module
Torrance-based BQE Software, a developer of accounting and project management software, says it has added a new module for managing human resources. According to BQE, it has launched Core HR, a new module of its BQE Core software that provides benefit tracking, salary history tracking, employee's journal and incident tracking, certification, awards, paid-time off and employee reviews. Pricing on the new module was not announced.
posted on Friday, July 26, 2019(Full story)
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