The city of angels, Los Angeles, is not only known for its rich entertainment industry but also for being a thriving hub for technology and innovation. The LA tech scene has been growing rapidly over the past decade, with many startups and established companies calling the city home. In this article, we'll take a look at the top 10 largest tech companies in Los Angeles, exploring their impact on the industry and the city's economy.
Why Los Angeles is a Hub for Tech Companies
Before we dive into the top 10 largest tech companies in LA, let's take a look at why the city has become a magnet for tech companies. Los Angeles offers a unique combination of talent, innovation, and resources that make it an attractive location for tech companies. Here are a few reasons why:
- Access to top talent: LA is home to many top-ranked universities, including the University of California, Los Angeles (UCLA) and the University of Southern California (USC), which provide a steady supply of talented engineers and innovators.
- Diverse economy: LA has a diverse economy, with major industries in entertainment, aerospace, and healthcare, providing a wide range of opportunities for tech companies to collaborate and innovate.
- Strong startup ecosystem: LA has a thriving startup ecosystem, with many incubators, accelerators, and coworking spaces that support the growth of new tech companies.
Top 10 Largest Tech Companies in Los Angeles
Now that we've explored why LA is a hub for tech companies, let's take a look at the top 10 largest tech companies in the city. These companies are leaders in their respective industries and have made significant contributions to the LA tech scene.
1. Snapchat
Snapchat is a social media company that was founded in 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown. The company is known for its ephemeral messaging app that allows users to send disappearing photos and videos. Snapchat has over 290 million active users and is valued at over $20 billion.
2. Riot Games
Riot Games is a video game developer and publisher that was founded in 2006 by Brandon Beck and Marc Merrill. The company is best known for its multiplayer online battle arena game, League of Legends, which has over 100 million active monthly players. Riot Games is valued at over $20 billion.
3. Hulu
Hulu is a streaming media company that was founded in 2007 by NBCUniversal, Fox Entertainment Group, and Disney-ABC Television Group. The company offers a range of TV shows, movies, and documentaries, and has over 42 million subscribers. Hulu is valued at over $15 billion.
4. Tinder
Tinder is a dating app that was founded in 2012 by Sean Rad, Jonathan Badeen, and Whitney Wolfe. The app allows users to swipe through profiles and match with potential partners. Tinder has over 50 million users and is valued at over $10 billion.
5. Jam City
Jam City is a mobile game developer and publisher that was founded in 2010 by Chris DeWolfe and Josh Yguado. The company is known for its popular games, such as Cookie Jam and Panda Pop, and has over 100 million monthly active users. Jam City is valued at over $1 billion.
6. TrueCar
TrueCar is an online car-buying platform that was founded in 2005 by Scott Painter and Tom Taira. The company allows users to research and purchase cars online, and has over 10,000 dealerships on its platform. TrueCar is valued at over $1 billion.
7. ServiceTitan
ServiceTitan is a software company that was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan. The company provides a range of software solutions for home services businesses, and has over 100,000 contractors on its platform. ServiceTitan is valued at over $1 billion.
8. Cloud9
Cloud9 is a cloud-based software company that was founded in 2009 by Reza Malekzadeh and Sebastien Pahl. The company provides a range of software solutions for businesses, and has over 100,000 users on its platform. Cloud9 is valued at over $500 million.
9. BlackLine
BlackLine is a software company that was founded in 2001 by Therese Tucker. The company provides a range of financial automation solutions for businesses, and has over 200,000 users on its platform. BlackLine is valued at over $1 billion.
10. Dollar Shave Club
Dollar Shave Club is a subscription-based razor company that was founded in 2011 by Michael Dubin and Mark Levine. The company was acquired by Unilever in 2016 for $1 billion.
Conclusion
The top 10 largest tech companies in Los Angeles are leaders in their respective industries and have made significant contributions to the LA tech scene. From social media and gaming to software and e-commerce, these companies have created innovative solutions that have changed the way we live and work.
As the LA tech scene continues to grow and evolve, we can expect to see even more innovative companies emerge and make their mark on the industry.
Gallery of Los Angeles Tech Companies
What is the largest tech company in Los Angeles?
+The largest tech company in Los Angeles is Snapchat, with a valuation of over $20 billion.
What industry is the LA tech scene known for?
+The LA tech scene is known for its strong presence in the entertainment and gaming industries.
What is the most popular startup accelerator in LA?
+One of the most popular startup accelerators in LA is Y Combinator.