Carbonated, Inc., an El Segundo-based mobile gaming studio, announced Friday it raised $8.5 million in a seed round led by Andreessen Horowitz, Golden Ventures and Bitkraft Esports Ventures Management.

Founded in 2015, the company develops competitive multiplayer games for cell phones using AI and a live-ops platform they've built called "Carbyne." The technology, its CEO said, makes mobile the gaming experience easier — even when using one hand.

Read more Show less

Six Los Angeles area startups made venture capital firm Andreessen Horowitz's ranking of the top 100 largest and fastest-growing consumer startups and private companies.

Topping the rankings were some of the usual suspects, including Airbnb, Doordash, Postmates, and Instacart. The VC firm labeled them as "some of the most impactful companies in the word economy."

Read more Show less

Trending