[ibimage==37972==Original==none==self==ibimage_align-center]
XPRIZE offering $7M literacy prize for developers
LA-based XPRIZE has teamed up with the Barbara Bush Foundation in search of a mobile app that can teach America's 36 million illiterate adults basic literacy within 12 months. The Adult Literacy XPRIZE will award the winning developer $7 million. [XPRIZE Launches $7M Literacy Prize for Mobile App Developers: SoCal Tech]
[ibimage==37973==Original==none==self==ibimage_align-center]
Local ID raises $1.9M
Local ID burst on to the scene this week with a $1.9M round led by Crosscut Ventures, along with several investors including Technicolor, TenOneTen, and Baroda Ventures. The LA-based start-up helps retail and restaurant brands improve their local marketing efforts. [Local ID Lands $1.9M: SoCal Tech]
[ibimage==37974==Original==none==self==ibimage_align-center]
Edmunds announces accelerator class
Summer is in session for Edmunds.com's accelerator class. The 3 month summer accelerator in Santa Monica is providing six companies with the opportunity to disrupt the car selling industry. [New Class at Starting Line for Edmunds Accelerator: LA Business Journal]
[ibimage==37975==Original==none==self==ibimage_align-center]
Ninja Metrics sets sights on $5M
The game analytics software company announced $2.8M of an ongoing $5M round, tallying up 37 Venutres including the Harvard Business School Angels and Tech Coast Angels. The LA-based company helps game developers monetize their properties. [Ninja Metrics Aims at $5M round: SoCal Tech]
[ibimage==37976==Original==none==self==ibimage_align-center]
Viewswagen launches in LA
Minneapolis-based Viewswagen rolled out its service to LA Uber and Lyft drivers this week, promising them some extra income. By placing iPads on the back of headrests, the company streams advertisements to passengers, splitting the profits with the participating driver. [This new startup promises Uber and Lyft drivers even more money: Built In]
[ibimage==37977==Original==none==self==ibimage_align-center]
New app hopes to provide serious dating insight
A social dating information app, NDER, launched this week in LA. The app connects users with other people who have searched the same phone number, allowing them to discuss the unknowing third party's past (or current) relationships. [New LA app plans to reveal everyone's relationship secrets: Built In]
[ibimage==37978==Original==none==self==ibimage_align-center]
Dodgers accelerator recap
Last week, over 250 members of the Los Angeles startup community came out to Cross Campus Santa Monica to learn more about the RGA/Dodgers Accelerator and listen to a panel discussion on the growing role of technology in sports. The panel was moderated by Built In LA's own Mike Sharifi and featured Peter Guber, Tucker Kain, Jason Robins, and Stepehen Plumlee and topics ranged from the growth of fantasy sports to the role of virtual reality in sports experience. If you're a local startup with a concept pertaining to sports technology, you have until June 29th to apply to the program!
Have a tip for us or want to share news about your company? Email us via [email protected]
