TECHNOLOGY

Recent and archived news stories on: aerospace, alternative energy, automotive, nanotech, robotics, software providers, telecom, tech start-ups, social media companies

MedMen Restructuring Brings $37 Million in Savings

MedMen has received $37 million in gross cash proceeds for the sale of various businesses since Nov. 26.

ProducePay Raises $205 Million Debt Financing

Glendale-based ProducePay Inc. raised a $205 million debt financing round Dec. 10.

VC Draper Moves into LA

Tech: Deal with SM firm creates Draper Goren Holm

Timothy Draper has a history of funding some of the technology sector’s most prolific startups and now the venture capitalist is bringing his money to Los Angeles.

AECOM Lands Two Large European Contracts

Engineering: Company secures work on rail tunnel, airport

Century City-based engineering and infrastructure firm AECOM is taking on two new European construction projects, including what will be the longest rail tunnel in the world.

Riot Games Creates New Publishing Label

Riot Games announced the launch of Riot Forge, a third-party developer publishing label.

Deep 6 AI Raises $17 Million Series A

Pasadena medical software developer Deep 6 AI raised a $17 million Series A.

ServiceTitan Acquires WaterSoftWare

Glendale-based software firm ServiceTitan acquired water treatment software developer WaterSoftWare for an undisclosed sum.

Wag Names New Chief Executive

Wag Labs Inc. said product head Garrett Smallwood has replaced Hilary Schneider as the company's chief executive.

Solar Startup Heliogen Looks to Power Plants, Refineries

ENERGY: Company attracts backing of Soon-Shiong, Gates

For decades, solar technology experts have sought to generate electricity. But Pasadena-based Heliogen has a new technology that swaps fossil fuels for solar energy in industrial applications.

Frame.io Plans LA Space

Tech: Video firm raises $50M for Hollywood location

New York-based video editing software developer Frame.io Inc. has raised a $50 million Series C round and will use part of the funding to gain a foothold in the L.A. market.

EVGo Expands Leaf Partnership with Nissan

Charging station company, automaker add more perks

Sawtelle-based EVgo Services has expanded its existing relationship with Japanese automaker Nissan Motor Co. Ltd., offering free charges to Nissan drivers at any of its charging locations.