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Amazon Prime Now expands to LA
The e-commerce giant announced on Wednesday that their 1 hour service, Amazon Prime Now, is now available in LA and Orange County. The company said it will make thousands of items available and will also deliver products from local food markets. The 2 hour service is free and the 1 hour service costs $7.99. [Prime Now, Amazon's one-hour delivery service, comes to L.A.: LA Times]
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Snapchat adds pay-for-replay feature, new selfie tools
The Venice-based disappearing content company unveiled a new Replay feature that allows users to view snaps again for 99 cents. The app will still allow users to replay one snap a day for free. The app's upgrade also features new selfie features that allow users to change their appearance or add cartoonish effects to their face. [Snapchat Adds Extra Replays for 99 cents. Will Anyone Pay?: LA Business Journal]
Hyperloop names new CEO
RV rental marketplace, Outdoorsy, launches in LA
Google grabs TrueCar President for Self-Driving Cars
Fliptu changes name, brings on Darius Rucker
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Fundings
Headspace, $34 million
Investors: Chernin Group, with participation from Advancit Capital, Allen & Co., Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures, William Morris Endeavor, Jessica Alba, Jared Leto, Ryan Seacrest and LinkedIn Chief Executive Jeff Weiner.
Headspace’s app provides interactive guides to different meditation techniques. It features a catalog of live events, books and podcasts. The app runs on a monthly or yearly subscription and the company said it has 3 million users. [Meditation App Headspace Raises $34 Million from Celebrity Investors: LA Business Journal]
MoviePilot, $16 million
Investors: Webedia, T-Venture of America
MoviePilot is a media site that allows movie fans to engage and create content. The funding will reportedly be used to help the company expand in to gaming content and social video. The company has said that it sees more than 25 million unique visitors on their site a month. [Moviepilot Raises $16M In Series B Funding: SoCal Tech]
HelloTech, $12.5 million
Investors: Madrona Venture Group, Upfront Ventures, CrossCut Ventures, and Accel partners
HelloTech is an in-home IT and tech support company aimed primarily at the baby-boomer generation. The company's current support team is mainly comprised of college students and they will reportedly use the funding to expand their service. [HelloTech Gets $12.5M: SoCal Tech]
MeUndies, $5.7 million
Investors: Not reported
MeUndies is a product of LA's Science Inc. startup studio and operates an e-commerce site focused entirely on men and women's underwear. The $5.7 million is reportedly part of a larger $12 million ongoing round. [MeUndies Raises $5.7M In Ongoing Funding Round: SoCal Tech]
