Altruist Got $112M, Haven Energy Pulled in $4.2M, and More LA Tech News
Summary
Check out what Los Angeles tech innovators are building after last weeks moves, including acquisitions and funding rounds across several industries. The company developed a platform that combines a self-clearing brokerage firm with software for account opening, trading, reporting and billing. Backed by Insight Partners for its Series D funding round, Altruist will further develop and expand its services to customers in a broader segment of the RIA market, such as mid-sized firms. [Business Wire]LA Tech Quote of the Week I spent the better part of a year researching and making energy efficiency and electrification upgrades to protect my family from outages and lower our carbon footprint, but the process of figuring out what I should do and what products to buy was so complex. The transaction will add Prime Focus CLEAR AI software suite and artificial intelligence tech to DNEGs platform to help customers manage content, video collaboration and automation.