Tech companies in LA are testing the limits of digital innovation. Solutions based on augmented and virtual reality are just the beginning. Check out what else West Coast tech companies are building with fresh funding and more. This is the Built In LA Weekly Refresh.
Five LA startups were featured in our Future 5 series. Developing solutions that make life easier for people and the planet, several LA tech startups shared their stories with Built In LA for our Future 5 series highlighting up-and-coming tech startups. Zette helps users access credible news, ETTA assists with virtually trying on clothes and KitchData enables restaurants to launch delivery-first brands. Learn about all five startups in our Future 5 recap from Q3. [Built In LA]
AmazeVR secured $17M. AmazeVR developed a solution that lets people attend concerts using virtual reality tech. The company pulled in Series B funding led by Mirae Asset Capital to expand partnerships with artists and their management agencies, labels and publishers. It recently announced a partnership with K-pop agency SM Entertainment with plans to produce immersive VR concerts. This round brings its total funding to $47.8 million. [TechCrunch]
LA Tech Quote of the Week
Flawless is expanding its team. The company builds AI-powered solutions for the film industry. Its products can re-render an actor’s facial movement on video to match the audio of re-recorded or translated scripts. Due to its unique solution, the company is poised for growth and is fueling a hiring push, bringing around 70 new roles to its LA headquarters across DevOps, engineering product and more. [Built In LA]
Fabric secured $4M. Fabric developed a web platform that uses geospatial tech and augmented reality to engage people in the environment around them. It emerged from stealth with a total of $4 million in funding, and it’s getting started within the sports industry, enabling teams to create interactive activities for fans during games. Its funding will help fuel hiring across engineering, product design and customer success. [Built In LA]
FLYR Labs joined forces with Avianca. FLYR Labs, which develops cloud-based revenue operating software for transportation companies, announced a new agreement with Colombian airliner Avianca. The deal will enable Avianca to advance its commercial decision-making under using data intelligence, revenue management and e-commerce capabilities. The Santa Monica-based company is also currently hiring across a range of roles. [FLYR Labs]
