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BlackLine Gains Nearly 50% in Largest Tech IPO of 2016

Bank Innovation

Los Angeles-based BlackLine priced 8.6 BlackLine Inc. priced its IPO at the high end of the range on Friday, and surged nearly 50% in a delayed opening, squarely placing the accounting and software company in unicorn territory. Could this signal the beginning of something good for tech? million shares at $17 Read More.

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Logistics Startup Serving HelloFresh Lands $4.3M

PYMNTS

million in new venture capital (VC) funding. The company currently operates in Los Angeles and San Francisco, California, with expansion plans to enter other new markets in the first quarter of 2018. A logistics startup that is already servicing some big names has announced $4.3 Monday (Dec. Monday (Dec.

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How The DTC Model Is Gaining An Edge In Commerce

PYMNTS

All of that helps prepare the ground for innovation. “In Sure, other DTC operators turn to such tactics as pop-up shops or wholesale relationships with brick-and-mortar operators, but as Dossa explained, his company’s customized products and core value are not well-suited to physical retail. “We P ersonalization and Instagram.

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POS Company Appetize Raises $20 Million, Plans To Grow Its Team

PYMNTS

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize, a Playa Vista, California-based POS company, delivers modern ordering and payments technology for enterprise businesses.

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Is Uber Founder Travis Kalanick Preparing A Ghost Kitchen Counterattack?

PYMNTS

Kalanick, along with Sequoia Capital, participated in a $7.6 Instead, it uses truck operators and third-party logistics. Basically, Kargo is trying to streamline the connection between users and the actual logistics operators. million funding round for Kargo, according to reports.

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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

“The transformation of how commerce moves in cities demands that we build the most innovative tools for businesses to keep up and distribute their products to the modern consumer, efficiently and cost effectively,” Postmates CEO and Co-Founder Bastian Lehmann said in a press release.

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Connected Fitness Gets Into The Boxing Ring

PYMNTS

It has an innovative product, proven management and a business model that rivals other connected products, including Peloton. From the list of trainers, she might pick Leyon, who served as a consultant on the Liteboxer project from his Los Angeles gym, Gloveworx. Prior to founding Liteboxer, he founded Spark Capital.