Tech Roundup: Adobe opens LA office, Reali secures $20M in funding, and more

by Joyce Famakinwa
July 26, 2018
Adobe is setting up shop in a new LA office
photo via Adobe

Adobe is setting up shop in a new LA office

Adobe is making a move to a sleek, new, local home. The software company’s new office will house the Adobe post-production team in LA, with a focus on providing support to the needs of the entertainment industry and addressing the company’s mission to deepen its relationships with the post-production community. The office is located in downtown Santa Monica. [Adobe]

 

Reali secures $20M in funding, with plans to expand to SoCal
photo via reali

Reali secures $20M in funding, with plans to expand to SoCal

San Mateo-based real estate platform Reali announced Wednesday that it raised a $20 million series B funding round. Reali aims to get rid of the traditional real estate agent commission model and replace it with a flat fee per transaction. Zeev Ventures led the funding round, which also saw participation from Signia Venture Partners. The fresh capital will be used to fund Reali’s plans to launch in Southern California. Currently, the company is only available in Sacramento and the Bay area. The funding will also be used to expand their product development efforts in AI and make new hires. [Press release]

 

Bird names new director of people
photo via bird

Bird names new director of people

Santa Monica-based electric scooter company Bird announced Wednesday that Taylor Rose will serve as the company’s new director of people. In her new role, Rose will create and lead Bird’s human resources management program as a part of the company’s executive team. Rose has spent the last six years implementing people programs for LA-based startups. Bird’s app allows users to reserve environmentally-friendly dockless electric scooters. [Press release]

 

Lucid Sight introduces MLB crypto baseball
photo via Shutterstock

Lucid Sight introduces MLB crypto baseball

Lucid Sight recently announced that it plans to debut a season of MLB crypto baseball this summer. Lucid Sight is an LA-based game developer, and MLB crypto baseball would mark the first time a decentralized app features officially licensed and limited edition sports collectibles, according to the company. The game will allow users to buy and sell digital avatars and earn rewards and stickers. [Press release]

 

Arcules launches cloud IoT as a service platform
photo via arcules

Arcules launches cloud IoT as a service platform

Arcules introduced its Arcules Intelligent Video Cloud platform at Google Cloud Next this week. The platform allows businesses to combine sales data and video to identify trends. Businesses will be able to access this information on any device, the company said in a recent statement. “As the first provider of video cloud IoT as a service technology, we are aiming to set the standard for agility, security and analytics for video data in the cloud,” CEO Andreas Pettersson said in the statement. “After years of rudimentary surveillance, businesses are learning to leverage cloud solutions to unleash the full potential of enterprise video and IoT data.” [Arcules]

 

Karen.care rolls out eldercare platform
photo via Shutterstock

Karen.care rolls out eldercare platform

Karen.care has made its eldercare platform, Karen, available to the public. Karen is aimed at people who are caring for an elderly relative, and allows people and families to navigate the caretaking process. The platform creates an action plan based on each family’s specific needs, including healthcare, legal, financial and overall quality of life. The company wants to help people through the financial and health crises that can happen due to lack of preparation. [Karen]

 

Blavity raises a $6.5 million round
photo via Shutterstock

Blavity raises a $6.5 million round

Blavity, a digital media company aimed at black millennials, raised a $6.5 million Series A funding round. GV led the round with participation from Comcast Ventures, Plexo Capital and Baron Davis Enterprises. The fresh funds will be used for the launch of an Atlanta office and new hires. [Blavity]

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