Verizon takes a piece of Awesomeness TV
West LA's
sold 24.5 percent stake to New York's Verizon Communications for $160 million. The deal also includes a content creation agreement and values AwesomessTV at $650 million. [Verizon Buys Stake in AwesomenessTV: LA Business Journal]
eHarmony enters the job search market
LA-based matchmaking service eHarmony announced their plans to use their technology to create a job search platform. Dubbed Elevated Careers, the platform has pulled info from Simply Hired, Burning Glass, and InfoSys. [eHarmony Targets Jobs Recruiting: SoCal Tech]
Techstars and Cedars Sinai announce accelerator class
The 11 members of the inaugural class will spend three months working with Cedar Sinai doctors and nurses, as well as investors and entrepreneurs, to help develop their healthcare technologies. A majority of the selected companies are local Los Angeles startups. [Built In]
HopSkipDrive pulls into Orange County
The LA-based ride service for kids made more news this week, officially expanding into Orange County. This is HopSkipDrive's second market. [HopSkipDrive Expands To Orange County: SoCal Tech]
Clapit nabs $1.94 million
Based in Los Angeles and in Sydney, Clapit announced their seed funding round from Australian angels this week. The app crowdsources video, music, images, and rich media. [Clapit Raises AU$2.57M: SoCal Tech]
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