TECHNOLOGY
Recent and archived news stories on: aerospace, alternative energy, automotive, nanotech, robotics, software providers, telecom, tech start-ups, social media companies
Bespoke Financial Raises $8 Million for Cannabis Lending Platform
Santa Monica-based Bespoke Financial Inc., has raised $8 million to expand its financial offerings for businesses in the cannabis industry.
Local Aerospace Companies Play Major Roles in NASA’s Moon Missions
Later this year, Long Beach-based rocket manufacturer Rocket Lab USA Inc. will attempt its first mission to the moon.
GumGum Lands $75 Million Investment From Goldman Sachs
Santa Monica-based advertising technology company GumGum Inc. announced a new $75 million investment April 13 from the growth equity division of Goldman Sachs Group Inc.
Triller Makes Two Acquisitions, Appoints New CEO
Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite.
Playbook Five Brings Virtual Reality to Football
Virtual reality has made its way into sports, and Playbook Five Inc. is helping the technology find its stride on the football field.
TvScientific Targets Connected TVs With New Ad Technology
Newly formed startup TvScientific Inc. is creating new ways for advertisers to reach viewers and access valuable data to evaluate the success of campaigns.
Parabol Aids Businesses With Hybrid Work Environments
Over the last year, the need for software tools to aid teams of remote employees has become obvious for most businesses.
Tech Company Vana Helps Cannabis Companies Build Their Brands
Vana Technologies Inc. founder and Chief Executive Sheldon Owen saw that companies selling cannabis products would need technological tools to advertise in compliance with regulations.
SpaceX Wins $2.9 Billion NASA Contract
The next astronauts to land on the Moon will likely do so in a spacecraft designed by SpaceX.
Therabody Acquires PowerDot for $34 Million
Health and fitness technology company Theragun Inc., doing business as Therabody, has acquired PowerDot Inc. for $34 million.
Virtualitics Raises $18 Million for Data Analytics Software
Pasadena-based data analytics software company Virtualitics Inc. has raised $18 million in a Series B funding round led by North Sound Ventures.
Tagger Media Raises $9 Million for Influencer Marketing Service
Tagger Media, the Santa Monica-based developer of a software platform for influencer-based marketing campaigns, has raised $8.5 million in Series A funding.
Zwift Riding High Thanks to Demand
Zwift has raised a total of $620 million. The company plans to use this funding to further develop its app as well as Zwift-branded hardware, which it sells online.
Players to Know in LA’s Fast-Growing Professional Esports Industry
Most Los Angeles residents are well-acquainted with local teams like the Dodgers, Lakers and Rams — as well as the massive venues where they play their home games.
Startup Creates Concrete That Reduces Carbon Emissions
Westwood-based startup CarbonBuilt Inc. has a concrete plan for reducing carbon emissions.
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