Wednesday, May 15, 2019
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Preccelerator Class 11 Demo Day - June 25
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Clear your calendar - It's going down! The Preccelerator ® Program Class 11 Demo Day kicks off on June 25th @ 6:00 pm, and you're invited to take part in the festivities. What a wild ride it has been! Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their 6-month term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts! Pitches will be followed by a special Startup Superhero Series speaker - who will be sharing the highs and lows and lessons learned on their startup journey!

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CareerArc Grows In LA, Names New VPs
Burbank-based CareerArc, which develops social recruiting and outplacement
technology and services, says it is in the midst of a big expansion in Los Angeles, and has added about 20 percent to its headcount over the last three months. The company said, as part of that growth, it has named Jason Blais as Executive Vice President of Sales, Linda Souza as Senior Vice President of Marketing, and also promoted Yair Riemer to President of its Career Transition Services Division. CareerArc recently r (More info...)


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Glofox Picks Up $10M For Fitness Studio Management Tools
Los Angeles- and Dublin, Ireland-based Glofox, which develops a cloud-based software to help fitness studio owners manage their businesses, has raised $10M in a Series A funding. The funding was led by Octopus Ventures, and also included Partech Ventures, Notion Capital, and Tribal VC. Glofox offers up white-label software which lets boutique fitness studios manage memberships; handle billing and recurring payments; provided branded-member booking apps; integrate with websites and social channel (More info...)

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Halla Finds $1.4M For Online Grocery Personalization
A brand new, Los Angeles-based artificial intelligence startup, Halla, announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. According to Halla, the funding was led by E&A Venture Capital, an early stage food industry investor, and also included SOSV. The startup says it uses machine learning to help online grocers increase order volume and frequency, helping consumers with such efforts as fo (More info...)

posted on Wednesday, May 15, 2019(Full story)


Startup Video Interview: Tavio Hobson, Trufl
As part of our new feature on socaltech, video interviews, we recently caught up with Tavio Hobson, the founder of an early stage startup called Trufl, an app which lets restaurant guests bid on a seat at a restaurant, without a reservation. Hobson previously was in business development for the LA Clippers.



posted on Wednesday, May 15, 2019(Full story)


Feather Launches Furniture Subscriptions In LA, OC
Feather, an online, furniture rental service which lets people subscribe to gain access to fashionable furniture, said on Tuesday that is expanding its service to Los Angeles and Orange County. The New York-based startup offers up furniture from retailer West Elm, which lets them rent tables, lamps, sofas, love seats, and more--and lets them also return and swap those products anytime they like. The subscription service charges monthly charges for each piece of furniture--for example, offering u (More info...)

posted on Wednesday, May 15, 2019(Full story)


Evite Targets Professional Event Planners With New Service
Los Angeles-based online invitations firm Evite is targeting professional event planners, with the launch of a new service, called Evite Pro, the company announced this morning. According to Evite, the new product is aimed at simplifying professional event planning and execution. Evite said the new "pro" product offers up tools for managing events, including designing and sending invitations, tracking attendee status, managing ongoing guest communications, and accessing event analytics such as d (More info...)

posted on Wednesday, May 15, 2019(Full story)


FabFitFun Expands Subscription Box To The UK
Los Angeles-based lifestyle brand and subscription box service FabFitFun announced this morning that it has expanded its service to the United Kingdom, the first time it has offered its subscription box overseas. According to FabFitFun, it has launched the FabFitFun Summer Box in the UK, which will offer up a collection of products across the beauty, fashion, wellness, fitness, home, and technology products aimed at women. FabFitFun said the move into the UK is a part of an international push fo (More info...)

posted on Wednesday, May 15, 2019(Full story)


Cryoport Acquires Cryogene
Irvine-based life sciences service provider Cryoport announced on Tuesday that it has acquired Cryogene Partners, the operator of a 21,000 square foot biostorage facility, which specializes in the secure storage of biological specimens, materials and samples. Financial details of the acquisition were not announced. Cryogene is based in Houston, Texas. According to Cryoport, the deal will help it expand its offerings to include biostorage solutions for life sciences commodities. Cryoport said th (More info...)

posted on Wednesday, May 15, 2019(Full story)


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