Zwift Inc., the Long Beach-based maker of a popular at-home cycling and running app, has raised $450 million in Series C funding.
Special purpose acquisition companies, or SPACs, are in the midst of their biggest moment yet.
When the novel coronavirus pandemic first took hold in California, the state’s credit unions acted quickly.
L.A. County’s unemployment rate fell to 16.1% in August from a revised 17.9% in July.
Having survived one major recession and seen long-term growth in its wake, Mesa West Capital believes the aftermath of Covid-19 could create similar opportunities in their space.
Hancock Park-based Broadway Financial Corp. is set to become the largest Black-led bank in American history.
After months of webinars and Zoom meetings, Crypto Blockchain Plug Inc. is coming back to the physical world.
Flying Eagle Acquisition Corp., a Century City-based special purpose acquisition company, or SPAC, plans to merge with mobile gaming platform Skillz Inc.
Santa Monica-based Bonfire Ventures, which focuses on investments in business-to-business software companies, has raised $100 million for its second venture fund.
Cybersecurity company Britive Inc. has raised $5.4 million in late seed stage funding.
Downtown-based real estate investment company Colony Capital has offered to repurchase any or all of its outstanding 3.875% convertible senior notes due in 2021.
Entertainment payroll and insurance platform TakeOne Network Corp., doing business as Wrapbook, has raised $3.6 million in seed funding.
Lending against California’s film tax credits has emerged as a niche industry in recent years. Some industry insiders say this practice will thrive, but others predict the film tax credit space may be in for rough times ahead.
The snapshot of L.A.’s economy in July was a good news, bad news story.
Culver City-based online security company Signal Sciences Corp. has agreed to be acquired by Fastly Inc. in a $775 million deal.