RadPad acquired by Dallas-based company
LandlordStation, a Dallas-based startup that provides tenant screening, has acquired RadPad. In the Hollywood-based startup's four years operating, it raised more than $12 million, but ongoing legal battles inevitably led to founder and CEO Jonathan Eppers seeking an acquisition. LandlordStation plans to continue to operate the apartment-finding service, and is even taking on a handful of RadPad employees to keep it going. Eppers will retain an advisor role within the company. [Press Release]
Sony Pictures CEO Michael Lynton leaves for Snapchat
As we count down the days until Snapchat's long-anticipated IPO, it appears that things are moving quite quickly behind the scenes. Michael Lynton, the CEO of Sony Pictures, suddenly bolted for the social media startup to serve as chairman of the board for Snap, the Snapchat parent company. [LA Business Journal]
Burner partners with Nomorobo to eliminate robocalls
Burner, the startup that provides users with additional phone numbers for their personal use, has partnered with NYC-based Nomorobo to help its users block robocalls. The partnership might just mean the end of erroneous sweepstakes winner calls we've all received in the past. Good riddance. [Burner]
Oro unveils open source B2B e-commerce platform
A few years ago, Yoav Kutner and Roy Rubin sold their startup, Magneto, to Google for a princely sum. They subsequently relocated to West Hollywood, and today, their startup, Oro, announced the 1.0 version of OroCommerce, an open-source platform designed for B2B e-commerce. The platform helps companies with things like including managing corporate accounts and buyer-seller relationships with multiple organizations. [Oro]
General Assembly launches first ever LA-based campus
After two years operating in a co-working space, General Assembly DTLA is ready to leave the nest. The company's new headquarters is located in Little Tokyo, giving the company two locations in the LA area. [General Assembly]
Fundings of the Week
SPACES, $6.5 million
Investors: Songcheng Performances Development Co. Ltd., Comcast Ventures and existing investors.
VR startup SPACES, which was founded by veterans of DreamWorks Animation’s DreamLab, added $6.5 million this week, but that wasn't the end of the news. The company announced the framework for a partnership to bring the company's technology to amusement parks in China, as well. [Built In LA]
Bringhub, undisclosed
Investors: Integrated Asset Management
Bringhub, a commerce platform that helps brands reach their customers in a seamless manner, announced an undisclosed funding this week. The money came from Forbes Media’s majority shareholder, Integrated Asset Management (Asia) Limited (IAM). Recently, the company was named as one of Built In LA's 50 LA startups to watch in 2017. [Press Release]
TeamDom, $1 million
Investors: Danhua Capital, Edward Lando (Horizons Alpha), Gary Vaynerchuk (Vayner Capital), Abe Burns (Sound Ventures & A-Grade Investments), and Adam Zeplain.
Disney star Jake Paul has a new media company, focused on helping social media influencers develop and monetize their brands. As of this week, he also has $1 million, and it comes from a collection of heavy-hitters. [Press Release]
Images via Facebook and Shutterstock.
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