January 15, 2014 |
Viddy, once a rising star in L.A.'s tech scene, has been sold. The mobile video start-up, which late last year changed its name to Supernova, announced Wednesday afternoon that it had been acquired by Fullscreen Inc., a new media company in Culver City. Terms of the deal were not disclosed, although Re/code estimated that it was in the $15-million range and noted that all 12 of Supernova's employees would join Fullscreen. PHOTOS: Top 10 tech gadgets we want to see in 2014 In a statement, Supernova CEO and co-founder JJ Aguhob said the company's mission "continues to be helping people create and share amazing content using elegant technology.
December 12, 2013 |
Historic Old Pasadena, a restored section of the city's downtown bustling with shops and restaurants, is getting more high-tech. Three older buildings at a busy intersection on Raymond Avenue will be transformed into a hub for budding technology firms in a real estate development backed by a prominent Silicon Valley entrepreneur and investor. David Sacks, who was instrumental in the launch of two $1-billion Internet companies, has joined Los Angeles developer Rising Realty Partners in a project to turn three century-old buildings into offices for tech firms.
November 30, 2013 |
In Venice, 25-year-old Snapchat co-founder Bobby Murphy has bought a new two-bedroom house for $2.1 million, or nearly double the median price of homes in the neighborhood. A few blocks away, a three-bedroom town house with a rooftop sun deck was just rented for $7,000 a month - a year ago, an identical unit was renting for $5,900. "Totally Silicon Beach living," the ad on Craigslist proclaimed. And farther south in Marina del Rey, hundreds of apartments were recently completed and aimed at drawing the tech crowd, with high-speed Internet in every unit, free Wi-Fi in common areas and an online application process.
November 13, 2013 |
Online bingo game manager Adam Carpenter wants a dog, and his apartment landlord is ready to roll out the red carpet for the prospective pooch. In Marina del Rey and upscale neighborhoods nearby, the drive is on to attract sophisticated tenants like Carpenter who work in the technology, media and entertainment businesses flourishing on the Westside. Dog runs, smoke-free apartments, fire pits, Wi-Fi, fully equipped gyms and pools are just a few of the amenities tailored for the creative set. A new addition is a splashy complex of 12 buildings with 544 apartments at the marina.
October 10, 2013 |
Los Angeles may not have the biggest collection of technology businesses in the country, but it does have some of the coolest ones and they are expanding quickly. The region's deeply rooted entertainment industry is wielding new technology to create computer games, dramas for online video services such as Netflix Inc., wacky monologues for YouTube and amusing mobile phone applications people use to pass the time. "We have the fun, sexy tech," said real estate broker Hayley Blockley, who helps negotiate leases with entertainment companies and other creative firms.
September 9, 2013 |
Nowadays when tech companies say they specialize in storage, we assume they're talking about cloud computing. But West Los Angeles start-up Clutter deals with the real, physical mess in your life -- you know, clothes you never wear, old high school yearbooks, childhood "art" projects, the like. The concept is simple: Download Clutter's free iPhone app and arrange to have the company's water-resistant reusable plastic storage boxes delivered for free to your doorstep. You can get up to five free boxes at a time.