Cloud security company Signal Sciences raised $35M to double down on their engineering team
Culver City-based security platform Signal Sciences closed $35M in Series C funding this week. The round was led by Edge Capital, and the VC firm’s Lorrie Norrington (formerly the president of eBay) will join the company’s board as part of the deal. CEO Andrew Peterson said the company plans to double down on engineering and partnerships, while expanding key areas of the business to drive continued growth. “This will be a massive year for Signal Sciences,” said Peterson in a release announcing the funding news. [Built In LA]
WeWork signed a lease on a new office space in Santa Monica — the third in beachside city
News broke this week of WeWork’s new office lease in Santa Monica. The office — WeWork’s third in the city of Santa Monica alone — is 116,000 square feet and located just blocks from the popular Metro Expo line. Set to open this summer, the property at 3000 Olympic is within a few miles of the other two Santa Monica WeWork spaces, less than 4 miles from WeWork's Constellation Place in Westwood, and 4.5 miles from One Culver in Culver City. The latter two properties, like 3000 Olympic, are also just off the Expo line — meaning it would take less than 10 minutes on the Metro to shuttle between them. [Built In LA]
Super League Gaming announces new collaboration with sports entertainment venue Topgolf
Santa Monica-based esports league Super League Gaming announced this week that they’re partnering with sports entertainment company Topgolf to host competitive esports gaming events around the country. The first event following the deal will be held at Topgolf’s Las Vegas location this month and will host a Super League Clash night featuring the game, "Clash Royale." The lounges will feature commentators, called "shoutcasters," and real-time gameplay broadcasts and live streams on Super League's Twitch, YouTube and other gaming channels. [The Hollywood Reporter]
Ritual raised $25M Series B to make better — and more — vitamins for women
Culver City-based vitamin subscription company Ritual announced raising $25 million in Series B funding this week. Lisa Wu, from lead investor Norwest Ventures, will join Ritual’s female-led board as part of the deal, where she’ll advise on the Ritual customer experience. A significant part of the company’s Series B funds are earmarked for furthering the scientific rigor behind the product, including hiring a Harvard-trained physiologist as Ritual's chief scientific officer and launching a new clinical trial to test their vitamins. [Built In LA]
