Canary Health acquires stress management app
bLife, the Santa Monica-based mobile stress management application, has been acquired by LA-based Canary Health. Financial terms weren't disclosed. The acquisition will help Canary Health amplify its suite of programs for managing chronic conditions that stress can augment. [bLife Acquired By Canary Health: SoCal Tech]
HelloTech merges with Geekatoo
LA-based tech support company HelloTech merged with San Francisco's Geekatoo. The two companies had previously been competitors. HelloTech’s team of about 150 technicians in Southern California will grow Geekatoo’s staff, which currently sits at 7,000 independently contracted IT technicians. Geekatoo's founding team will move to HelloTech's West LA offices. [HelloTech Merges with Rival Geekatoo: Los Angeles Business Journal]
Overnight expands to San Francisco
Overnight, the LA-based travel app that connects spur of the moment travelers with local hosts for same-day stays, is coming to San Francisco. The company used an RV camp at Coachella as a way of spreading awareness. [Overnight is coming to San Francisco: Overnight]
TaskUs heads make Inc.’s 2016 list of 30 Under 30
Santa Monica-based customer experience management company TaskUs saw its President and CEO named to Inc.’s 2016 list of 30 Under 30. President Jaspar Weir and CEO Bryce Maddock founded the company in 2008. [30 Under 30: Inc.]
Rapidus expands to LA
On-demand courier service Rapidus is expanding its business to cover Los Angeles. The company's network of drivers provide low-cost deliveries using data-optimized routes that fit their daily schedules. The app lets users make orders, track deliveries in real-time and puts them in direct contact with drivers. [Rapidus Inc. Expands B2B On-Demand Ground Courier Service To Southern California, And Plans To Take To The Skies: Rapidus]
Santa Monica firm launches SoCal's largest first time venture fund
Santa Monica-based venture capitalists March Capital Partners announced the close of the largest first-time venture fund to launch in the region. The Santa Monica-based firm's fund is worth $240 million.[Santa Monica firm launches SoCal's largest first time venture fund: Built In LA]
Fundings of the Week
