Silicon Beach

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For the company, see Silicon Beach Software.

Silicon Beach is the Westside region of the Los Angeles metropolitan area that is home to over 500 tech startup companies. Major technology companies have opened offices in the region including Google, Yahoo!, YouTube, BuzzFeed, Facebook, AOL, EdgeCast Networks, and MySpace. The region is considered the second- or third-largest tech hub in the world, according to various reports.[1][2]

This has had major impacts on the type and availability of office space and on home prices in Playa Vista, Playa Del Rey, Westchester, Santa Monica, and Venice, as these areas have become more desirable due to this influx. The effects are also spilling over into Marina del Rey which is attracting tech firms.[3]

Start-up pockets have also emerged in nearby Culver City, West L.A., and El Segundo.[4] Other areas include Downtown Los Angeles, Beverly Hills, and Hollywood.[5][6]

Startups

Silicon Beach is also home to a number of start-up incubators and accelerators, such as Amplify.LA, Science, Disney Accelerator, and TechStars Cedars Sinai.[7] Higher education institutions in Silicon Beach include Loyola Marymount University and Otis College of Art and Design.[8] The RAND Corporation is headquartered in Santa Monica.[9] In the first six months of 2013, start-ups in Silicon Beach raised over $500 million in funding, and there were 94 new start-ups and nine acquisitions.[10]

History

PC Magazine in 1983 reported that "some people are starting to call" Boca Raton, Florida—where IBM had developed its Personal Computer, and other technology companies had facilities—"Silicon Beach, in deference to the great valley of the West".[11] In 1984 Silicon Beach Software was formed in San Diego, California.[12] Silicon Beach Australia was used to describe that country's internet technology community in 2008.[13] There are four significant areas in Australia that are nurturing start-ups: Sydney, Melbourne, Brisbane, and Perth.[14]

List of startups based in Silicon Beach

Company Year founded Industry Valuation
AIO Robotics, Inc. 2013 3D Technology [15]
VidRoll 2014 Video Ad Technology [16]
Swagbucks / Prodege, LLC 2007 Digital Rewards & Cash Back [17]
Cloudwear 2014 Cybersecurity[18][19]
WeMash 2014 Creative Video Content [20]
Realty Mogul 2012 Real Estate Crowdfunding [21]
Tapiture 2012 Social Media [22]
Snapchat 2011 Social Media $3 billion [23]
Doppels 2016 Social Media [24]
Hulu 2007 Television Streaming Services $100M [25]
BQE Software Inc 1996 Business Software [26]
Nasty Gal 2006 $49M [27]
Mediakix 2011 Influencer Marketing [28]
Eventup 2011 $1.8M [29]
BeachMint 2010 $74.7M [30]
Gradient X 2013 $3.75M [31]
Bitium 2012 Cloud Computing $8.9M [32]
The Honest Company 2012 Consumer Goods $122M [33]
Fullscreen 2011 Digital Media
Frequency 2010 Internet, Mobile Apps
Big Frame 2011 Digital Media
Bloom2Bloom 2012 Floral Subscriptions, Social Enterprise, Flowers
BCG Digital Ventures
WeezLabs 2008 Mobile Application Development
Kuapay 2011 Mobile Payments $16.5M[34]
Dollar Shave Club 2011 Consumer packaged goods $22.8M[35]
The Bouqs Company 2012 Floral $1.1M[36]
Enplug 2012 Software $2.5M[37][38]
ParkMe 2009 Transportation $50M[39]
The Bouqs 2012 Flowers $6M[40]
Tieks 2008 Footwear, retail
TrueCar 2005 Automotive $1.6 billion[41]
Eco Nuts 2007 Cleaning Products
ConsumerTrack, Inc 2004 Internet Marketing $30M[42][43]
Kaleo Software 2012 Enterprise Knowledge Management [44]

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Logan, Tim (January 2, 2015) "Buoyed by Silicon Beach, Westchester enjoys a housing surge" Los Angeles Times
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ http://magazine.lmu.edu/archive/2015/silicon-beach-next-wave
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Hill, Ryan (February 4, 2016) [www.triton.news/2016/02/813/ "San Diego is bringing back Silicon Beach"] [The Triton]
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ AIO Robotics Website
  16. ↑ VidRoll Website
  17. ↑ Swagbucks Website
  18. ↑ https://www.crunchbase.com/organization/cloudwear Crunchbase profile of Cloudwear
  19. ↑ http://dld-conference.com/users/evan-tann DLD profile of Cloudwear
  20. ↑ WeMash website
  21. ↑ Realty Mogul Website
  22. ↑ Tapiture Website
  23. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  24. ↑ Doppels Profile on CrunchBase
  25. ↑ Hulu Profile on CrunchBase
  26. ↑ [1]
  27. ↑ Nasty Gal Profile on CrunchBase
  28. ↑ Mediakix Profile on CrunchBase
  29. ↑ Eventup Profile on CrunchBase
  30. ↑ Beachmint Profile on CrunchBase
  31. ↑ Gradient-X Profile on CrunchBase
  32. ↑ Bitium Profile on CrunchBase
  33. ↑ The Honest Company Profile on WSJ
  34. ↑ Kuapay Profile on CrunchBase
  35. ↑ Dollar Shave Club Profile on CrunchBase
  36. ↑ The Bouqs Company Profile on CrunchBase
  37. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  38. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  39. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  40. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  41. ↑ TrueCar Public Stock Quote on NASDAQ
  42. ↑ ConsumerTrack, Inc Profile on Wikipedia
  43. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  44. ↑ http://www.omersventures.com/kaleo-software.aspx

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