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July 27th,2017

Sienna Biopharmaceuticals Up In IPO

Westlake Village-based Sienna Biopharmaceuticals had its IPO this morning on the NASDAQ, and was up over 33 percent in morning trading on its first day trading as SNNA, trading at around $19.98. Sienna had priced its IPO on Wednesday night ...

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July 26th,2017

TenOneTen Ventures Targets $50M In Second Venture Fund

TenOneTen Ventures, the Los Angeles venture capital firm founded by David Waxman and Gil Elbaz, is aiming to raise $50M in its second venture fund, according to a regulatory filing from the company filed this week. TenOneTen is an investor ...

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July 25th,2017

Qualcomm Backs Digital Farming Startup Prospera

San Diego-based Qualcomm has backed Israeli digital farming startup Prospera, in a $15M funding round, Prospera said today. The round came via Qualcomm's venture capital arm Qualcomm Ventures. The funding also included Cisco Investments, IC...

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July 24th,2017

How Phyn Is Bringing The World Of High Tech To Water Conservation, With Ryan Kim

The world of plumbing is not known for its high tech products. However, that makes it an area ripe for technology innovation. We spoke this morning with a Los Angeles startup, Phyn (www.phyn.com)--which recently spun out of Belkin in a jo...

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July 24th,2017

eFFECTOR Therapeutics Raises $38.6M

San Diego-based eFFECTOR Therapeutics, a developer of treatments for cancer, has raised $38.6M in a Series C funding round, the company announced this morning. The funding was led by Pfizer Venture Investments (PVI), and also included Alexa...

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July 21st,2017

Unmanned Aerial Vehicle Companies In Southern California

Interested in getting involved in the development of unmanned aerial vehicles (drones)? Who are the companies in Southern California that are part of this growing industry? We've combed through our database of companies to figure out whic...

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July 20th,2017

GraphIQ Acquired By Amazon.com

Santa Barbara-based GraphIQ, the visualization software developer led by technology veteran Kevin O'Connor, has quietly been acquired by Amazon.com, it emerged today. Financial details of the acquisition were not announced. GraphIQ, which w...

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July 19th,2017

TetraVue Names New CEO, Chairman

Vista, California-baed TetraVue, a venture backed startup developing 4D LIDAR technology aimed at the autonomous vehicle market, has named Dr. Hal Zarem as Chief Executive Officer, and Dr. Bruce McWilliams as Chairman of its board. Zarem wa...

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July 18th,2017

Who's In Southern California's Unicorn Club?

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. A look at the companies who are private, backed by ven...

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July 17th,2017

Impact Health Raises $13M For Health Insurance Marketplace

Looking for the best health insurance plan for you? Pasadena-based Impact Health said Monday that it has raised $13M in a Series A funding, to help connect patients with health insurers. The startup said the funding came from Techstars Vent...

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July 17th,2017

Collectly Hunts Down $1.9M For Medical Debt Recovery Service

Walnut, California-based Collectly, a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. The LA area company, led by CEO Levon Brutyan, said the funding...

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July 14th,2017

StackIQ Acquired By Teradata

San Diego-based StackIQ, a developer of "bare metal" provisioning software, has been acquired by Teradata, Teradata said on Thursday. Financial terms of the acquisition were not announced. StackIQ was venture backed by Anthem Venture Partne...

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July 14th,2017

Vertiflex Names VP

Carlsbad-based Vertiflex, a developer of minimally invasive devices used for spinal surgery has named Michael Enxing as its new Vice President and Chief Commercial Officer. Enxing was most recently Vice President of Sales at Nevro Corporati...

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July 12th,2017

mitu Backs Effort To Increase Diversity In Digital Media

Los Angeles-based Mitu, the venture-backed online content developer focused on media and entertainment from a Latino perspective, says it is backing an effort by the Bixel Exchange, part of the Los Angeles Area Chamber of Commerce's Center ...

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July 11th,2017

UberMedia Acquires Cintric

Pasadena-based UberMedia, a provider of mobile location data to businesses, said this morning that it has acquired Cintric, a provider of location and analytics software for mobile app publishers. Financial details of the acquisition were n...

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July 5th,2017

Kairos Venture Partners Raises $74.6M In New Fund

Beverly Hills-based Kairos Venture Partners, a venture capital investment firm that specifically focuses on commercialization of scientific discoveries, has raised $74.6M as part of an ongoing fundraising effort for its second fund, Kairos ...

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July 5th,2017

Sienna Biopharmaceuticals Files For IPO

Westlake Village-based Sienna Biopharmaceuticals, a startup biopharmaceuticals firm developing products for the medical dermatology and aesthetics market, has filed for an IPO. Sienna said it is hoping to raised up to $74.8M in an offering ...

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July 5th,2017

Interview with Shaan Sethi, Jaanuu

It's fairly unusual to see an apparel company with venture backing, and particularly unusual to see one with the strong lineup of investors that LA-based Jaanuu (www.jaanuu.com) has behind the company. Jaanuu, which provides medical apparel...

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July 3rd,2017

Palisades Venture Capital Mystery Solved

The true origins of funding in two, Los Angeles area companies in late June, Gamemine, and BlockFraud, has been solved by Dan Primack of Axios. According to Primack, Gamemine's $20M investment round was actually self funded by CEO Daniel St...

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June 29th,2017

LA and Southern California's Surge In Venture Capital Funds

To the newly initiated, it might seem that Southern California is not particularly well known for its venture capital funds--however, for those insiders keeping track, Southern California is actually seeing an unprecedented upsurge in local...

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June 29th,2017

Upfront Ventures Raises $400M In New Fund

Los Angeles-based venture capital investment firm Upfront Ventures has announced its latest fund, Upfront VI, to the tune of $400M, the company said on Thursday. According to Upfront, the new fund brings its total combined funds under manag...

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June 28th,2017

Toshiba Sues Western Digital Over Unfair Competition

Irvine-based Western Digital has just been sued by Toshiba Corporation, which is seeking $1 billion in damages for what it says is violation of the Unfair Competition Prevention Act. According to Sohiba, it filed a lawsuit in the Tokyo Dist...

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June 27th,2017

UCLA Pulls Commitments From Binary Capital

UCLA, a limited partner in venture capital investment fund Binary Capital, has pulled its committment to the venture fund over the weekend, after Managing Director Justin Caldbeck was accused of unwanted advances towards women. UCLA had bee...

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June 23rd,2017

SURE: Bringing The Insurance Industry Into The Digital Age, With Wayne Slavin

The insurance industry today is one of the last industries to fully jump into adopting technology for offering up their products, says Wayne Slavin, CEO and founder of SURE (www.sureapp.com), and just needs some help in getting there. We ...

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June 23rd,2017

Steve Poizner Boots Up New Southern California Tech Nonprofit

Steve Poizner, the former California gubernatorial candidate and former founder of SnapTrack (which he sold to San Diego's Qualcomm), says he has created a new group called the Alliance for Southern California Innovation, which will focus o...

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June 22nd,2017

GOAT Names Former Twitter COO To Board

Los Angeles-based GOAT, which operates an online sneaker marketplace, said on Thursday that it has named former Twitter COO Adam Bain to its board of directors. GOAT, led by Eddy Lu and co-founded by Daishin Sugano, is venture backed by Acc...

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June 21st,2017

BlockFraud Finds $5M For Anti-Fraud Software

Santa Monica-based BlockFraud, a developer of machine learning and artificial intelligence software used for detecting mobile fraud, has reportedly raised $5M in a Series A funding, the company disclosed on Wednesday. The company said the f...

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June 21st,2017

FloQast Adds $25M In Series B Funding

Los Angeles-based accounting software developer FloQast has raised $25M in a Series B funding round, the company announced today, bringing its total raised to $33M. The new funding was led by Insight Venture Partners, and also included Toba...

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June 20th,2017

Immortals Gets Strategic Investment From AEG

Los Angeles-based esports team, Immortals has received an investment from AEG, which said that the Immortals will host its home events at L.A. LIVE. The size of the strategic investment was not announced. According to AEG, the investment wi...

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June 15th,2017

Scopely Gets $60M For Expansion, Acquisitions

Los Angeles-based mobile gaming developer Scopely has raised $60M in a new funding, the company announced on Thursday, in a round led by Revolution Growth. The round also included Greenspring Associates, Sands Capital Ventures, Cross Creek ...

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June 15th,2017

HelloTech Powers New Service For Altice

Los Angeles-based HelloTech, the startup providing in-home, technical support and related services, is powering a new in-home installation and service offering from broadband communications and video service provider Altice, the two said th...

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June 14th,2017

Jaunt VR Debuts In China

Jaunt, the venture-backed producer and publisher of cinematic, virtual reality (VR) content, said this week that it has officially launched in China, with a Chinese version of its Jaunt VR app. The app, launched by Jaunt China, a joint vent...

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June 14th,2017

SURE Scores $8M For Personal Insurance App

Los Angeles- and New York-based SURE, which offers up personal insurance, on-demand, via a mobile app, has raised $8M in a funding round. The Series A funding was led by IA Capital, and also included Menlo Ventures, FF Venture Capital, Nati...

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June 12th,2017

WaveMaker Partners Closing New $50M Fund, With Southeast Asia Focus

Los Angeles- and Singapore-based WaveMaker Partners, the venture capital firm managed here in LA by Eric Manlunas and David Siemer, with Paul Santos in Sinagpore, said over the weekend that it is finalizing its new, $50M fund. The new fund ...

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June 12th,2017

Vertos Medical Finds $28M More

Aliso Viejo-based Vertos Medical, which develops minimally invasive treatments for lumbar spinal stenosis (LSS), has raised $28M more in a funding round, the company said on Monday morning. The new funding was led by MVM Life Science Partne...

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June 9th,2017

Loot Crate Adds Maker's Ynon Kreitz As Chairman, Hits Profitability

Los Angeles-based subscription e-commerce startup Loot Crate, which offers up monthly deliveries of curated "mystery boxes" to fans, said on Friday that former Maker Studios CEO Ynon Kreitz has joined the company's board as Chairman. The c...

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June 9th,2017

Insights: Evolve and Thrive or DIE

For today's Insights and Opinions section, where we feature advice, editorials, and more from Southern California's high tech leaders, comes from Sid Mohasseb, a serial entrepreneur, venture investor, adviser, teacher, speaker, and author...

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June 9th,2017

FabFitFun Launches Augmented Reality App

Los Angeles-based FabFitFun, the venture-backed, subscription box startup focused on women, has launched a new augmented reality app for its users, the company announced on Thursday afternoon. According to FabFitFun, the new AR app will enh...

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June 8th,2017

Report: Uber Eyes Luxe's Technical Team

Ridesharing service Uber is looking to acquire the technical team behind Luxe, the luxury car parking startup backed by LA's Upfront Ventures, according to the WSJ. The WSJ said the "acqhire" is focused on part of Luxe's engineering team, r...

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June 5th,2017

TrackR Rolls Out New Item Tracking Gadget

Santa Barbara-based TrackR, which develops Bluetooth-powered, tracking tags which help people keep track of household items, has rolled out a new line of devices today. TrackR said its new TrackR Pixel includes a loud ringer, bright LED lig...

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June 1st,2017

March Capital Partners Backs SpyCloud

Los Angeles-based venture investor March Capital Partners is one of the investors in SpyCloud, a new startup in the cybersecurity market, focused on protecting businesses from data breaches. SpyCloud said this morning that it has raised $2....

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June 1st,2017

Zenlayer Gets $10M For Software Defined Networking

Diamond Bar-based Zenlayer, a provider of software defined network and services, announced on Wednesday that it has raised $10M in a Series A funding round. The funding was led by F&G Venture, and also included NSFOCUS and other investors. ...

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May 30th,2017

GameMine Gets $20M

Los Angeles-based GameMine, a developer of casual, mobile games, disclosed Tuesday morning that it has raised $20M in a Series A funding round. The funding was led by Palisades Venture Capital. GameMine, led by CEO Daniel Starr, offers up ...

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May 25th,2017

Vinny Smith's Toba Capital Gets Exit At Codenvy

Toba Capital, the venture capital investment firm founded by Quest Software's Vinny Smith, has scored another exit, this time at San Francisco-based cloud applications tool developer Codenvy. Red Hat said this morning that it has acquired C...

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May 24th,2017

Resolve Systems Acquired By Insight Venture Partners

Irvine-based Resolve Systems, which develops enterprise incident response and automation software for the cybersecurity, IT, and network operations markets, has been acquired by Insight Venture Partners. Financial details of the buy were no...

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May 23rd,2017

Interview with Jonathan Zweig, AppOnboard

Our interview this morning is with Jonathan Zweig, the CEO of Los Angeles-based AppOnboard (www.apponboard.com), which has created software which allows mobile app developers--and in particular, mobile game developers--to create demos of th...

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May 22nd,2017

ViaSat Selected By Icelandair

Carlsbad-based satellite internet provider ViaSat is powering high-speed, Internet streaming for Icelandair, Icelandair said this morning. According to Icealdnair and Viasat, Icelandair will provider in-flight connectivity and internet stre...

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May 19th,2017

Guesty Gets $3M

Walnut, California-based Guesty, which develops software for professional property managers, says it has raised $3M in a Series A funding. According to Guesty, the round was led by Buran Venture Capital, and also included Magma Venture Part...

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May 18th,2017

Ross Levinsohn Joins SteelHouse's Board

Los Angeles-based advertising software developer SteelHouse announced on Thursday that it has named Ross Levinsohn, the former CEO of Yahoo!, to its board of directors. Levinsohn, who is a well known advisor and investor in the digital medi...

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May 17th,2017

Cue Collects $15.5M In Funding Round

San Diego-based Cue, a developer of health tracking devices that provide DNA and RNA analysis of infectious and other disease, has raised $15.5M in a funding round, according to a regulatory filing from the firm. The funding included Sherpa...

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May 17th,2017

Rocket Lab Plans First Test Flight Of Satellite Launch Rocket

Rocket Lab, a Huntington Beach-based startup developing launch rockets, is hoping to join SpaceX as the second, venture-backed rocket developer in Southern California to reach space with a launch on May 22nd. Rocket Lab--which is venture ba...

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May 17th,2017

TealTech Capital Gets $60M For Medtech Fund, Makes First Investment

San Diego-based TealTech Capital, a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. Torrey Pines Investment said on Tuesday that the new fund will foc...

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May 16th,2017

Pluto TV Adds New Video On Demand Service

Los Angeles-based free Internet television provider Pluto TV said this morning that it has launched a new, free Video-on-Demand (VoD) service. The company said it will feature content from Lionsgate, Metro-Goldwyn-Mayer (MGM), and Warner Br...

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May 16th,2017

Forge Therapeutics Names Board

San Diego-based antibiotics developer Forge Therapeutics announced oday that it has named its board of directors, adding Mario Polywka (COO of Evotec AG), John Schmid, (former CFO of Trius and Auspex Pharmaceuticals), Stephen Worland (Pres...

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May 15th,2017

Western Digital Requests Arbitration With Toshiba Over JV

Western Digital said on Sunday that its several of its SanDisk subsidiaries have requested arbitration with the ICC International Court of Arbitration related to three NAND flash-memory joint ventures it operates with Toshiba Corporation....

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May 12th,2017

Donut Media's Matt Levin On Creating A New Car Enthusiast Brand

Earlier this week, Los Angeles-based Donut Media (www.donut.media) announced a seed funding round, for its efforts to create a online, video-focused brand centered around car enthusiasts. We spoke with CEO Matt Levin to hear about how Don...

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May 11th,2017

Qualcomm Ventures Gets Quick Exit At Owlchemy Labs

Qualcomm Ventures, the venture arm of San Diego-based Qualcomm, has scored a quick exit out of its venture portfolio. Owlchemy Labs, developer of such virtual reality games as Rick and Morty: Virtual Rick-ality, has been acquired by Google,...

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May 11th,2017

AppOnboard Gets $4M For App Demos

Los Angeles-based AppOnboard, a startup led by AdColony founding CEO Jonathan Zweig, announced Wednesday that it has raised $4M in a funding round. The round came from Troy Capital Partners, London Venture Partners, Ophir CG, Abstract VC, 5...

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May 10th,2017

How Work Today Is Connecting Blue Collar Workers With Jobs, with Joe Nigro

For many, blue collar workers--particularly those who are finding a job on a day-to-day basis--the right way to reach them isn't an app, but texting. Santa Monica-based WorkToday (www.worktoday.com) has created a text-based marketplace to h...

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May 9th,2017

Upfront, Rincon Back Qordoba

Two, Los Angeles-based venture capital investors have backed a developer of machine learning software, Qordoba, in its first investment funding round. Qordoba said the $5M funding came from Upfront Ventures and Rincon Venture Partners, with...

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May 9th,2017

Miramar Venture Partners Backs eRelevance

Corona del Mar-based Miramar Venture Partners is one of the backers in marketing automation software developer eRelevance, in a $5.1M funding round. eRelevance, which is based in Austin, Texas, said the round was led by Rally Ventures and a...

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May 9th,2017

Dell Technologies Capital Now A Backer Of Cylance

Dell Technologies Capital, a new venture investment fund announced at Dell EMC World on Monday, says it is an investor in Irvine-based Cylance, according to the fund's new website. Dell Technologies Capital--which will conduct venture inves...

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May 8th,2017

Crowdfunder Gets Broker-Dealer License

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder...

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May 5th,2017

SafeRide Health Links Into Lyft

Santa Monica-based SafeRide Health, a startup which is focused on transporting patients to health care providers, has linked up with Lyft in a new partnership, the company said on Thursday. SafeRide--which is venture backed by Amplify.LA--h...

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May 4th,2017

Radiology Partners Gets $200M In Venture Round

El Segundo-based Radiology Partners, which offers up on-site, radiology services to hospitals and outpatient centers, has raised $200M in a growth equity funding round. The funding came from New Enterprise Associates, along with Future Fund...

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May 3rd,2017

Fifth Wall Ventures Launches New $212M Real Estate Tech Investment Fund

Venice, California-based Fifth Wall Ventures, a brand new venture capital firm focused on investing in real estate technology, announced this week that it has raised a new, $212M venture capital fund. The limited partners in the new fund in...

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May 2nd,2017

Visionary Venture Fund Raises Funding For Opthalmic Investment Fund

Aliso Viejo-based Visionary Venture Fund, a new venture capital firm specifically focused on only investing in ophthalmology companies, has closed its first round of funding for a targeted $30M venture fund, the company announced on Tuesday...

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May 2nd,2017

March Capital Backs Video Game Developer Wavedash Games

Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games, which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advan...

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May 2nd,2017

Signal Sciences Bolsters Sales Team With Two VPs

Venice, California-based Signal Sciences, a venture-backed firm developing Web application security software, announced this morning that it has named two sales veterans to its team. The company said it has named Stephen Gomann as Vice Pres...

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May 2nd,2017

Aligned TeleHealth Names President, COO

Calabasas-based telemedicine provider Aligned Telehealth, a healthcare company provide telemedicine services to acute-care hospitals, emergency rooms, skilled nursing facilities, and correctional institutions, has named Dan Castillo Preside...

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April 28th,2017

Work Today Finds $1.1M For Labor Marketplace

Santa Monica-based Work Today, a startup that has launched an online, labor marketplace targeted at blue collar workers, has raised $1.1M in a seed funding round, the company is announcing this morning. The funding came from Mucker Capital,...

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April 25th,2017

Forge Therapeutics Gets $15M

San Diego-based Forge Therapeutics, a biotechnology startup developing antibiotics, said on Tuesday that it has raised $15M in a Series A funding. The funding was led by MagnaSci Ventures, along with Evotec AG, Alexandria Venture Investment...

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April 25th,2017

Sienna Biopharmaceuticals Gets $40M In Series B

Westlake Village-based Sienna Biopharmaceuticals, which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. The funding was led by ARCH Venture Partners and Venvest Capital, and also included ...

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April 25th,2017

TeleSign Acquired By BICS For $230M

Los Angeles-based TeleSign, which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS, in a deal worth $230M in cash plus unspecified ea...

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April 20th,2017

Xirrus Acquired By Riverbed

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed, to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. Riverbed said it will contin...

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April 20th,2017

Atara Biotherapeutics Leases New Space In Thousand Oaks

Thousand Oaks-based Atara Biotherapeutics, which is developing treatments for patients with cancer, autoimmune and infectious disease, has leased a 90,000 square foot building in the Conejo Spectrum, according to developer SARES-REGIS Group...

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April 20th,2017

Raken Expands In San Diego

San Diego-based construction compliance and reporting software developer Raken announced this morning that it is expanding its footprint in San Diego, and has moved into a new space at make (cq) in Carlsbad. Raken said its new headquarters ...

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April 19th,2017

AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1

Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 percent, Year-over-Year. According to AmplifyLA, the number of seed deals ...

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April 19th,2017

Forbes' Midas List Skips SoCal VCs, Again, But Gives Nod To Snap

The annual Midas List, issued by Forbes ranking the top venture capitalists, has again skipped any ranking of a Southern California venture capital firm--but credits the huge success of LA's Snap for the high rankings of eight VCs. Forbes s...

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April 13th,2017

Music Audience Exchange Looks To Grow Engineering In LA After Funding

Music Audience Exchange, a startup which develops a marketing platform aimed at the music industry, says it is planning on expanding its engineering team in Los Angeles, after a $6M funding round last month. The company announced $6M in fun...

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April 12th,2017

MoneyTree: $1.1 Billion In VC Invested In SoCal In Q1

Over $1.1 billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report, issued by PricewaterhouseCoopers LLP and CB Insights. The report tallied up $926.4M invested acr...

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April 12th,2017

Creativebug Acquired By Jo-Ann Stores

Creativebug, the online educational video site for the arts and crafts market which was last owned by Otter Media, the joint venture between AT&T and The Chernin Group, has been acquired by Jo-Ann Stores, the arts and crafts retailer. Finan...

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April 12th,2017

Chris Hollod On Investing With Ashton Kutcher, Guy Oseary, and Ron Burkle

Many investors, and many startups have heard of A-Grade Investments—the investment firm created by Ashton Kutcher, Guy Oseary, and Ron Burkle—and the many investments it has made, in such huge, breakout companies as Uber, Airbnb, Spotify...

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April 11th,2017

Virtualitics Finds $4.4M For VR, AR Tools

Pasadena-based Virtualitics, a developer of analytics software aimed at the virtual reality and augmented reality application market, has raised $4.4M in a Series A funding led by The Venture Reality Fund, the company said today. The compan...

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April 10th,2017

Wavemaker Partners Backs Saleswhale For Automated Sales Leads

Santa Monica- and Singapore-based Wavemaker Partners is one of the investors in Saleswhale, a Singapore startup developing artificial intelligence software for managing sales leads and sales conversations. Saleswhale said it raised $1.2M in...

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April 10th,2017

MobileCause Enhances Crowdfunding Software For Nonprofits

Los Angeles-based MobileCause, which develops fundraising and communications software for nonprofits, has rolled out an enhanced crowdfunding software product. According to the company, which is venture backed by Level Equity, said its soft...

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April 7th,2017

NVCA: Venture Investments Drop In Q1

Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report...

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April 6th,2017

SOCI Scores $8.5M For Social Media Management

San Diego-based SOCi, a developer of enterprise, social media management software, announced this morning that it has raised $8.5M in a Series A funding. The funding was co-led by Vertical Venture Partners and Grayhawk Capital. The funding ...

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April 5th,2017

Viracta Therapeutics Raises $18.4M From NantKwest, Others

San Diego-based Viracta Therapeutics, a developer of treatments for cancer caused by Epstein-Barr Virus (EBV) and other viral diseases, has raised $18.4M from Culver City-based NantKwest, one of the biotech firms led by billionaire Dr. Patr...

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April 5th,2017

How Liferay Grew To More Than $100M After Starting In A Church Basement

Diamond Bar-based Liferay (www.liferay.com) is a company that not too many people have heard of, but which is used to run the websites for such well known organizations like Toyota, T-Mobile, Coach, Fujitsu, Allianz, and Sesame Street. And,...

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April 4th,2017

PetCo Buys Pet Advice Website, PetCoach

San Diego-based pet supply retailer PetCo said on Monday that it has acquired the operator of a pet advice website and app, PetCoach. Financial details of the acquisition were not announced. PetCoach's website helped pet owners get answers ...

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April 4th,2017

FreedomPop Aims At Small Business Market

Los Angeles-based FreedomPop is taking aim at the small business market today, with its free phone service, saying it will offer up small businesses unlimited talk and text, plus a limited amount of data, for up to two users--all for free. ...

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March 29th,2017

DogVacay Acquired By Rover

Santa Monica-based online pet sitting marketplace DogVacay and Seattle-based competitor Rover said this morning that the two are merging, with Rover acquiring DogVacay in an all-stock deal. Financial details of the acquisition were not disc...

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March 29th,2017

UCSD Spinout Antiva Biosciences Gets $22M

Antiva Biosciences, a U.C. San Diego biopharmaceuticals spinout targeting treatments for pre-cancerous lesions caused by human papilloma virus (HPV) infection, said it has raised $22M in a Series C funding. The funding was led by Brace Phar...

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March 28th,2017

Raken Joins Facebook Start Accelerate

San Diego-based Raken, the software startup backed by Rincon Venture Partners, Eniac Ventures, and Spider Capital, said this morning that it has joined Facebook's Start Accelerate program. The Facebook program helps startup with scaling and...

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March 27th,2017

Alteryx Sees Solid IPO Debut

Irvine-based data analytics software developer Alteryx had its IPO debut on Friday, debuting at $14.00 per share on the NYSE as AYX, and closing out the day at $15.50 per share. The company rose 10.71 percent in its IPO debut on the public ...

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March 24th,2017

Cool Planet Reboots, In Colorado, With $19.3M Series A Funding

Cool Planet, the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. According to Cool Planet, the new funding was led by Agustín Coppel and North Bridge V...

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March 24th,2017

Alteryx Prices IPO, To Debut On NYSE Today

Irvine-based Alteryx priced its IPO on Thursday evening, saing that it will sell 9,000,000 shares of its Class A common stock at $14.00 per share. Alteryx will begin trading this morning as AYX on the New York Stock Exchange. The company, w...

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March 24th,2017

Western Digital Backs Avere Systems

Irvine-based storage device maker Western Digital has backed Avere Systems, a developer of a file system for the hybrid cloud. Avere said this week that it has raised $14M in a Series E funding round, which came from Menlo Ventures, Norwest...

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March 23rd,2017

Water Planet: Our Seed Investor Is Kevin Costner

Los Angeles-based Water Planet, which develops water treatment membrane technology originally developed at the University of California, Los Angeles (UCLA), revealed today that its seed investor is none other than actor Kevin Costner. The c...

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March 23rd,2017

SPACES Expands Advisory Board

Playa Vista-based virtual reality content developer SPACES announced on Wednesday that it has added Ian Richter, the former EVP of franchise and emerging platform development at Legendary Entertainment, and Joe Garlington, formerly of Walt ...

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March 21st,2017

Beautycon Media Gets $9M In Series A

Los Angeles-based conference and digital media events operator Beautycon Media, which operates conference and events focused on fashion and beauty, has raised $9M in a Series A funding round. The funding came from A+E Networks, Live Nation,...

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March 21st,2017

Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

The Snapchat analytics software developed by Los Angeles-based Naritiv, a startup producing online content for brands, has been acquired by social media management firm Hootsuite. The announcement was made on Tuesday. Financial terms of the...

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March 21st,2017

Rocket Lab Receives $75M, Joins Unicorn Club

Huntington Beach-based RocketLab, which is developing rocket technology specifically aimed at launching satellites into space, has raised $75M in a Series D funding, which it says values the company in excess of $1 billion. The funding was ...

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March 20th,2017

SetPoint Medical Adds New Enterprise Associates As Investor

Valencia-based biomed startup SetPoint Medical announced this morning that it has received a new investment from New Enterprise Associates. Size of the investment, and details of the round, were not announced by the company. SetPoint said t...

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March 16th,2017

Embark Ventures Raising $50M Venture Capital Fund

Los Angeles-based Embark Ventures, a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far rai...

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March 16th,2017

SoCal's Big New Crop Of Venture Investors And Funds

Are you an entrepreneur, looking for capital here in Southern California? It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch ...

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March 16th,2017

Interview with Derek Norton, Watertower Ventures

Earlier this week, Derek Norton, a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). We sat down with Derek ...

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March 13th,2017

Alteryx Sets Estimated IPO Range

Irvine-based Alteryx, the developer of data analytics software led by Dean Stoeker, has set its estimated IPO range. The company says it expects its IPO price to be between $12.00 and $14.00 per share. The company has filed to trade as AXY ...

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March 13th,2017

Qualcomm Backs Borqs International

Beijing- and Bangalore-based Borqs International Holdings, a developer of Android devices, announced this morning that it has receive a strategic investment from San Diego-based Qualcomm Ventures. Size of the funding was not announced. Acco...

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March 8th,2017

Conversion Logic Gets $9M For Marketing Analytics Tools

Los Angeles-based Conversion Logic, a developer of marketing analytics software, announced this morning that it has raised $9M in a Series A funding. The funding was led by Pelion Venture Partners, and also included Rincon Venture Partners,...

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March 6th,2017

Raken Gets $2M For Construction Reporting Software

San Diego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The funding was led by Rincon Venture Partners, and also included Eniac Ventures and Spider Capital. Raken is led and...

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March 6th,2017

ViaSat, Eutelsat In European Broadband Joint Venture

Carlsbad-based ViaSat and European satellite provider ViaSat announced very early this morning that they have closed their partnering arrangement for a European broadband joint venture. The two said the partnership will expand Eutelsat's cu...

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March 3rd,2017

Snap's Most Unlikely Winner Is A High School

The most unusual benificiary of the huge IPO of Venice, California-based Snap Inc. this week appears to be a Silicon Valley high school, which made $24M for its investment in Snapchat. Mountain View-based St. Francis High School apparently ...

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March 1st,2017

Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net ...

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March 1st,2017

Snap Prices IPO, Debuts On NYSE Tomorrow

Venice, California-based Snap, Inc. has officially priced its IPO, saying on Wednesday afternoon that it will sell 200M shares of its common stock at $17.00 per share. The IPO will raise $3.4 billion for Snap, the company behind Snapchat, v...

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March 1st,2017

Illumina's GRAIL Raises $900M In Funding Round

GRAIL, the cancer detection spinout of San Diego's Illumina, said this morning that it has raised $900M in a first close of a planned, $1 billion funding round. The Series B funding was led by Arch Venture Partners, and included Johnson and...

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March 1st,2017

The Annenberg Foundation Seeks To Spur Philanthropy From LA's Tech Community

The Annenberg Foundation is announcing a new effort this morning, to spur more philanthropic moves by LA's growing technology sector, called AnnenbergTech. According to the charitable foundation, the leaders of LA's technology community tod...

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March 1st,2017

A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. The conference is run by Jamie Montgomery, one of the local industry's pioneers in venture capital and i...

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March 1st,2017

Iteris Expands Board

Santa Ana-based Iteris, which develops software used in transportation management, specifically for the agriculture market, said on Tuesday afternoon that it has named Scott Deeter to its board of directors. Deeter is the President and CEO ...

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February 28th,2017

Double M Partners Raising New Fund

Los Angeles-based venture capital fund Double M Partners, which is run by Mark Mullen, is raising a new, $40M venture capital fund, according to a regulatory filing by the firm on Monday. The filing indicates that so far, $18.3M has been ra...

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February 27th,2017

HomeHero Calls It Quits, Shuts Service

Santa Monica-based HomeHero, which had been working on creating and online marketplace for in-home, senior care services, has called it quits, according to co-founder Kyle Hill. Hill said that it "lost its core identity" a year ago, when th...

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February 27th,2017

Alteryx Files For IPO

Irvine-based data analytics software developer Alteryx has filed for an IPO, saying in a filing late Friday that it is looking to raise up to $75.0M in an offering on the New York Stock Exchange. The company has applied to list under the sy...

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February 24th,2017

Nasty Gal's Fall From $100M A Year In Sales To Zero

Two publications this morning--the WSJ and the Los Angeles Times, have dissected the fall of Los Angeles-based NastyGal--once, one of the symbols of the rise of Silicon Beach--and how it went from nearly $100M a year in revenue to bankruptc...

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February 23rd,2017

MomentFeed Adds $16.3M

Santa Monica-based MomentFeed, which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M in new funding, the company said this morning. The funding was led by Le...

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February 23rd,2017

Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

Last week, Fika Ventures, LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrep...

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February 22nd,2017

TripScope Acquired By Travefy

Los Angeles-based TripScope, which operated a mobile application to help travel agents get leads and to connect consumers with agents, has been acquired by Travefy. Financial terms of the acquisition were not announced. Tripscope was ventur...

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February 17th,2017

Ryan Blair, HashtagOne: From Gang Member, To Entrepreneur, To Anti-VC

Ryan Blair is a bit of an interesting entrepreneur: he came out of the most unlikely of family backgrounds--he grew up in poverty, and ended up in a gang and with the wrong crowd (arrested 10 times), but managed to turn his life around th...

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February 16th,2017

OzoBot Raises $3M For Educational Robots

Redondo Beach-based Ozobot, which develops educational robots used for teaching software coding, has raised $3M in a Series A funding round, the company said late Wednesday. The funding was led by Tribeca Venture Partners. Ozobot said the n...

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February 15th,2017

Fika Ventures Launches New, $40M Seed Fund In LA

Fika Ventures, a new startup venture fund led by venture capitalists Tx Zhuo, Eva Ho, and Arteen Arabshahi, has officially launched this morning, saying that it is investing in startups focused on data, related AI-enabled technologies, and ...

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February 10th,2017

Interview with Mike Whitmire, CEO and Co-founder, FloQast

For today's interview, we sat down and talked with Mike Whitmire, the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the...

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February 9th,2017

Greycroft Partners Raises $250M In New Growth Fund

Greycroft Partners, one of the more active investors in Los Angeles technology startups, announced on Thursday that it has raised $250M in a new, growth equity fund. The fund, Greycroft Growth II, will be focused on expansion rounds for the...

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February 9th,2017

Exactuals Gets $10M

Los Angeles-based Exactuals has raised $10M in a Series A funding, for a new software-as-a-service to handle residuals, royalties, and other complex payments for the film, TV, music, and entertainment market. The funding was led by City Nat...

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February 7th,2017

GOAT Gains $25M More

Los Angeles-based mobile sneaker marketplace GOAT disclosed this morning that it has raised $25M more in funding. The funding was led by Accel Partners, which joins Matrix Partners, Upfront Ventures and Webb Investment Network, existing inv...

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February 3rd,2017

Alteryx Names Snags Marketing, Sales Execs From LifeLock, Tableau

Irvine-based data analytics software developer Alteryx said yesterday that it has named Seth Greenberg as Chief Marketing Officer (CMO), and Scott Jones as Chief Revenue Officer (CRO). The company, which is backed by Iconiq Capital, Insight...

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February 3rd,2017

Qualcomm Launches $3 Billion Joint Venture With TDK

San Diego-based Qualcomm and TDK Corporation announced Friday morning that they have launched a joint venture, RF360 Holdings Singapore PTE. Ltd., to provide RF front-end (RFFE) modules and RF filters for the mobile device, automotive, and ...

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February 3rd,2017

FloQast Names Sales VP, Opens New Office In Ohio

Los Angeles-based FloQast, which develops financial close management software, said this week that it has named Todd Ellwood as Vice President of Sales, and opened a new office in Columbus, Ohio. According to the firm, Ellwood will head the...

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February 2nd,2017

Snap Files For IPO

Venice, California-based Snap Inc., the parent company of Snapchat, has filed for its much anticipated IPO, saying in a filing late Thursday that it is looking to raise up to $3.0 billion in an IPO offering on the New York Stock Exchange, u...

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February 2nd,2017

Snapchat, R/GA Partner For New Startup Accelerator

Venice, California-based Snap Inc., the parent firm behind Snapchat, has joined up with R/GA Marketing--which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio wi...

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February 2nd,2017

Vividion Therapeutics Raises $50M

San Diego-based Vividion Therapeutics, a biopharmaceuticals firm tapping into technology developed at The Scripps Research Insitute, has raised $50M in a Series A funding round. The funding was led by ARCH Venture Partners and Versant Ventu...

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February 1st,2017

Two Bit Circus Gears Up For First Beta Night

Los Angeles-based Two Bit Circus, the STEM-focused, entertainment-and-education startup led by Brent Bushnell, is gearing up for its first beta night, which is being held in a couple of weeks. The company told the invite-only guests to the ...

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February 1st,2017

Flipagram Acquired By Chinese Company Toutiao

Los Angeles-based mobile video sharing and creation company Flipagram, let by Farhad Mohit, has beenacquired by Chinese company Toutiao, the companies said this morning. Financial details of the acquisition were not announced. Toutiao said ...

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January 30th,2017

Interview with Jay Goss, exactly.me

In the world of social networking, there are lots of apps and services which connect you with people you know, but not so many which help you connect with others like you. Los Angeles-based exactly.me (www.exactly.me) is hoping to change th...

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January 30th,2017

The Bouqs Company Picks Up $24M For Flower Delivery

Venice Beach-based The Bouqs Company, the online floral delivery startup led by John Tabis, announced this morning that it has raised $24M in a Series C funding, bringing its total raised to a little over $43M. The startup, which provides d...

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January 26th,2017

Core Innovation Capital Announces $100M In Second Venture Capital Fund

Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York c...

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January 25th,2017

Ring Rounds Up $109M In New Funding

Los Angeles-based Ring, the developer of connected doorbells, security cameras, and other similar devices, has raised $109M in a big financing round, to help fund global growth. The funding came from DFJ Growth, Goldman Sachs Investment Par...

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January 25th,2017

VRMedia Takes Aim At Virtual Reality Software, Hardware

Los Angeles- and Austin-based VRMedia Technology said on yesterday that it has launched, as a joint venture between MC Capital Advisors/Media Content Capital, and virtual reality and computer graphics filmmaker Greg Passmore, and his compan...

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January 23rd,2017

Interview with Anna Barber, Techstars LA

Techstars (www.techstars.org) has a long history and record of success as a startup accelerator, with programs across the country and world--and recently opened up its third, Los Angeles program, Techstars LA. Techstars recently appointed A...

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January 19th,2017

Two Bit Circus Adds $15M, Plans LA Amusement Park

Los Angeles-based Two Bit Circus, the STEM-focused, entertainment company led by Brent Bushnell, has raised $15M in a Series B funding round, the company said Thursday morning. The funding was led by JAZZ Venture Partners, and also included...

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January 18th,2017

Mitu, Major League Baseball In Latino Content Deal

Los Angeles-based mitu, the venture-backed, Latino-focused online content network, and Major League Baseball, said on Tuesday that the two are in a new content campaign targeted at delivering MLB content to multicultural youth. According to...

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January 16th,2017

SPACES Gets $6.5M For Virtual Reality Theme Park Efforts

Playa Vista-based SPACES, a developer of virtual reality technology aimed at the theme park industry, announced last week that it has raised $6.5M in additional seed funding. The funding was led by Chinese theme park operator Songcheng Perf...

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January 13th,2017

Maple Media Launches App Rollup Venture, Backed By Shamrock Capital

Los Angeles-based Maple Media, a new startup led by startup veterans Clark Landry and Michael Ritter, said late Thursday evening that it has launched a new venture which will acquire and roll up mobile apps. The startup says it is backed by...

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January 13th,2017

Report: Venture Dollars Decline In Q4, Says NVCA

Venture capital investment dollars declined in Q4, to $12.7 billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor, the new report tracking venture capital investment across the U.S., as the venture mar...

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January 12th,2017

RadPad Acquired By LandlordStation

Los Angeles-based apartment rental marketplace RadPad, which was founded by Jonathan Eppers, has been acquired by LandlordStation. RadPad had offered up a place to search for apartment rentals, which were shown on a map and also let users s...

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January 12th,2017

Correlation Ventures Raises $200M In New Investment Fund

Correlation Ventures, a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brin...

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January 12th,2017

Techstars LA Names Managing Director

Techstars, the startup accelerator operator which has been ramping up its efforts in Los Angeles, said on Wednesday that it has name Anna Barber as the new Managing Director of its Techstars LA program. In a post, "Why LA is the Future of S...

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January 12th,2017

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from th...

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January 11th,2017

Interview with Kos Galatsis, Carbonics

In the startup world, one of the most difficult journeys to market is by companies who are taking basic scientific advances and technologies originally developed at universities, and taking them all the way to use in the commercial world....

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January 10th,2017

Moonshots Gets Big Exit At Harvest.ai

Los Angeles-based venture investment firm Moonshots Capital, which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was re...

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January 10th,2017

March Capital Partners Backs Activehours

Los Angeles-based venture investor March Capital Partners, the investment firm run by Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery, has made an investment in Activehours, a new startup offering up early access to paych...

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January 9th,2017

Qualcomm Invests In Israeli Cybersecurity Startup, Team8

San Diego-based Qualcomm--via Qualcomm Ventures--is one of the lead strategic investors in Team8, an Israeli cybersecurity software developer, Team8 said on Monday. Qualcomm and Microsoft were the two big strategic backers in Team8, which s...

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January 6th,2017

Illumina Spinout Plans To Raise $1 Billion In Series B

San Diego-based life sciences equipment maker Illumina says that its cancer detection spinout, GRAIL, is now expecting to raise approximately $1 billion in its Series B funding. GRAIL, which was founded by Illumina, is developing blood test...

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January 5th,2017

Avidity Biosciences Finds $16M

La Jolla-based Avidity Biosciences, a biopharmaceuticals developer focused on monoclonal antibody and siRNA-based therapeutics, said today that it has raised $16M in a Series B funding round. The round included $10M in new capital, combined...

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January 5th,2017

Amgen Co-Founder Bowes Passes Away

William K. Bowes, Jr., the founding shareholder and chairman and treasurer of Thousand Oaks-based Amgen, has died, at the age of 90. Bowes--who also founded venture capital firm USVP--died peacefully in his home on December 28th. Amgen said...

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January 5th,2017

Axonics Gets Marketing Approval In Canada

Irvine-based medical device manufacturer Axonic Modulation Technologies announced this morning that it has received marketing approval in Canada, from Health Canada. The company's medical devices are used to treat overactive bladder and inc...

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December 30th,2016

Reflections on 2016: Scott Alderton, Stubbs, Alderton & Markiles LLP

All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. Here, we have the thoughts of Scott Alderton of Stubbs, Alderton, and Markiles LLP (stubbsalderton.com). Stubbs, Ald...

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December 30th,2016

Reflections on 2016: Rob Freelen, Silicon Valley Bank

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Rob Freelen of Silicon Valley Bank (www.svb.com). Silicon Valley...

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December 30th,2016

Reflections on 2016: Grant Hosford, codeSpark

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Grant Hosford, the CEO and co-founder of codeSpark (www.codespark.com), the company behind the...

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December 30th,2016

Reflections on 2016: Jeb Spencer, TVC Capital

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focu...

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December 26th,2016

Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

This holiday season, we are again sharing the reflections on the year from Southern California's technology community. This contribution is from John Greathouse, a longtime venture capitalist and also a professor at UC Santa Barbara, who...

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December 20th,2016

Amgen, UCB Seek Marketing Approval For Osteroposis Drug In Japan

Thousand Oaks-based Amgen and drug mamker UCB said on Monday that the two have submitted an application for marketing approval of romosozumab, for the treatment of osteoporosis, in Japan. The two, who are in a deal to co-develop the compo...

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December 16th,2016

Report: Flipagram Looking For Buyer

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao, according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is st...

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December 13th,2016

Intuit Courts Third Party Access To TurboTax With Open API

Intuit announced this morning that it is opening up access to third party developers to the consumers using TurboTax Online, which is developed out of San Diego. According to Intuit, it has created an open platform which will allow third pa...

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December 12th,2016

Upfront Ventures Backs Tact In $15M Funding

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which ...

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December 12th,2016

Molecular Assemblies Gets $2.3M

San Diego-based Molecular Assemblies, a startup developing enzymatic DNA synthesis technology, has raised $2.3M in a seed funding, the company announced this morning. The funding came from Agilent Technologies, Cavendish Impact Capital Fund...

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December 6th,2016

GE Spins Out New Startup, Menlo Micro, In Irvine, With $18.7M In Funding

GE Ventures, the venture capital arm of GE, says it has spun out a new startup in Irvine called Menlo Micro. The spinout of GE's Global Research Center is focused on electronic switching technology. As part of the spinout, Menlo Micro has r...

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December 1st,2016

SendGrid Finds $33M In Series D

SendGrid, which provides email delivery services and software for sending transactional emails, has raised $33M in a Series D funding, the company said on Wednesday. The company, which has engineering offices in Irvine, said the funding was...

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November 30th,2016

Solarflare Raises $22.2M More

Irvine-based Gigabit Ethernet semiconductor developer Solarflare Communications has raised $22.2M more in a funding round, according to a regulatory filing by the firm on Tuesday. Details on that funding have not been announced by the compa...

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November 29th,2016

Email Copilot Acquired By Return Path

San Diego-based Email Copilot, which develops visualization, monitoring, reporting, and analysis of email deliverability data, has been acquired by Return Path, a New York-based developer of email data software. Financial terms of the acqui...

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November 29th,2016

Pritzker Group Boosts Focus On Los Angeles Startups, Moves Partner To LA

Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Greenbaum ...

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November 28th,2016

Synthorx Names Chief Business Officer

San Diego-based biotechnology developer Synthorx announced today that it has named Patrick J. Doyle as its Chief Business Officer. Doyle previously has served at Kinemed, Kareus Therapeutics, Syntaxin and Metabolex, and has more than 20 yea...

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November 18th,2016

PeerStreet Raises $15M For Real Estate Loan Marketplace

Los Angeles-based PeerStreet, a startup which operates a marketplace for investing in real estate backed loans, has raised $15M in a Series A funding round. The funding was led by Andreessen Horowitz, and also included The Kaiser Family Fou...

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November 17th,2016

Qualcomm Backs M87 To Improve Access To Wireless Networks

San Diego-based Qualcomm is one of the backers in a startup which is developing technology to create a network of peer-to-peer, wireless devices, to help improve access for phones in poor coverage areas. Seattle-based M87 said it raised $5M...

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November 15th,2016

RealD Names New CFO

Beverly Hills-based 3D movie projection system developer RealD announced on Monday that it has named Jeff Spain as the comapny's new Chief Financial Officer. Spain was previously CFO of Rentech Inc. RealD said that Spain has over 20 years o...

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November 9th,2016

One News Outlet That Got The Election Dynamic Right? Cenk Uygur's TYT Network

In the aftermath of a stunning U.S. election--there was one local, media startup which called the dynamics of the election year right: Los Angeles-based TYT Network, and founder Cenk Uygur. Uygur's Internet TV venture--which covers politics...

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November 9th,2016

IGN Entertainment Names Chief Programming Officer

IGN Entertainment, which produces online video game and entertainment content, said Tuesday that it has named Wade Beckett as its Chief Programming Officer and SVP of Video, based here in Los Angeles. Beckett was previously Chief Programmin...

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November 7th,2016

Interview with Nikhil Jain, ObEN

What if you could—with your smartphone—easily create a virtual you—an avatar that looks and sounds like you, and which would live in virtual or augmented reality? That's the idea behind the technology being developed by Pasadena-based ObE...

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November 3rd,2016

Hollar Finds $30M For Mobile Deal Marketplace

Los Angeles-based Hollar, a startup which offers up a mobile marketplace featuring "dollar store" type products and deals, has raised $30M in a Series B funding, the company announced this morning. The funding was led by Kleiner Perkins Cau...

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November 3rd,2016

ObEN Raises $7.7M For Realistic, AI-Driven, Virtual Reality Avatars

Pasadena-based ObEN, an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Accord...

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November 2nd,2016

Preact, Backed by LA Investors, Acquired By Spotify

Preact, a San Francisco startup which is backed by a number of LA investors, has been acquired by Spotify, Spotfy announced this morning. Financial terms of the acquisition were not disclosed. Preact had been backed by Karlin Ventures and L...

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November 2nd,2016

Signal Genetics Acquired By Miragen Therapeutics In Reverse Merger

Carlsbad-based Signal Genetics, which had been developing genetic testing technology for multiple myeloma, has been acquired in a reverse merger by miRagen Therapeutics, a developer of microRNA (miRNA)-targeting therapies for treating cance...

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November 2nd,2016

Woven Digital Names New CEO

Los Angeles-based digital media and content provider Woven Digital announced on Tuesday that it has named Benjamin Blank as its new CEO. Blank was previously Chief Creative Officer at the company. Previous CEO Colin Digiaro becomes Executiv...

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November 1st,2016

GoMeta Gets $2M For Augmented Reality Universe Tools

San Diego-based GoMeta, a new, augmented reality startup being led by serial entrepreneur Dmitry Shapiro, has raised $2M in a seed funding round, and launched its app out of beta. The funding came from Mike Jones (Science Inc., MySpace) as ...

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October 28th,2016

KYTHERA, Amgen Vet Takes Helm At UNITY Biotechnology After $116M Funding

A local, Ventura County biotechnology executive, Keith Leonard, has taken the helm of UNITY Biotechnology, a heavily backed San Francisco biotech startup focused on curing diseases of aging, as a result of a big $116M funding round at the c...

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October 27th,2016

Super League Gaming Adds $5M

Santa Monica-based Super League gaming, which lets video game fans compete against others on the big screen at movie theaters across the country, has raised $5M in a Series C funding, the company said this week. The funding came from Toba C...

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October 25th,2016

Hixme Adds $14.1M In Funding

Agoura Hills-based Hixme, a startup developing group insurance products for large organizations, has raise $14.1M more in funding, the company announced this morning. The Series B funding was led by Propel Venture Partners, and also include...

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October 19th,2016

How Arivale Is Harnessing Genomics To Optimize Human Health and Wellness

There's been a revolution in the amount of information that can be gathered about our genetics—driven by automated gene sequencing equipment and advancement. However, all of that data, although useful, has not yet been used in a way that di...

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October 18th,2016

Sofinnova, With Offices In San Diego, Lands $650M For Biotech Investments

Biotech venture capital investor Sofinnova, which has offices in San Diego, announced that it has raised $650M in its newest fund, Sofinnova Venture Partners X. The firm said it closed the fund at its hard cap of $650M, after exceeding its ...

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October 18th,2016

Comcast Ventures Sets Up Shop In Santa Monica

Comcast Ventures, the venture capital arm of Comcast Corporation, announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive...

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October 18th,2016

Enevate Names CFO

Irvine-based Enevate, which is developing advanced Lithium-ion batteries, said this morning that it has named Sameer V. Rao as its new Chief Financial Officer. Rao was previously at MaxLinear, serving as an executive in the finance area, an...

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October 17th,2016

BlackLine Systems Sets Estimated IPO Pricing Range

Woodland Hills-based accounting software maker BlackLine Systems has moved one step closer to its IPO, saying this morning in a regulatory filing that it is expecting its IPO to price at between $13.00 and $15.00 per share. BlackLine, whic...

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October 14th,2016

MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. Accordin...

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October 12th,2016

March Capital Re-Ups On E8 Security

Santa Monica-based venture investor March Capital Partners has re-upped on one of its portfolio companies, Redwood City-based E8 Security, which develops software used to analyze cybersecurity threats. E8 Security said on Tuesday that it ha...

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October 11th,2016

Invoca Sets New CEO From Salesforce

Santa Barbara-based Invoca, which develops call intelligence software used to match affiliate marketers with phone leads and automate call marketing, has named Gregg Johnson as CEO. Johnson was previously head of Salesforce Marketing CLoud'...

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October 11th,2016

Interview with Steve Seigel, Hatched

What's the difference between pitching your startup on television, versus pitching your startup in real life? And how do you best take advantage of a TV audience to promote your startup? We caught up with Steve Seigel, the executive produ...

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October 11th,2016

Arivale Brings Gene Sequencing Driven Wellness To Los Angeles

Arivale, a health and wellness startup founded by genetic sequencing pioneer Dr. Leroy Hood, has launched itself into the Los Angeles market, as its first expansion beyond its home market of Seattle. The startup combines whole genome sequen...

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October 7th,2016

Comcast Launches New Business Venture Centered On Semtech's Wireless Technology

Cable provider Comcast booted up a new trial business venture this week, aimed at the Internet-of-Things market, based on the low power wireless networking technology developed by Camarillo-based Semtech, the company said this week. Comcast...

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October 5th,2016

Verdezyne In Chemical Distribution Deal

Carlsbad-based Verdezyne, the venture backed company which is producing synthetic chemicals using sustainable, bio-based chemical processes, has signed on specialty chemicals firm Aceto Corporation as a distributor. According to Verdezyne, ...

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October 4th,2016

Henrik Fisker Reboots Efforts To Create Electric Cars, Taps Technology From UCLA

Henrik Fisker, the automotive designer behind ill fated Fisker Automotive, said today that he is starting a new company, Fisker Inc., to design a new electric vehicle. Fisker's last company--Fisker Auotmotive--was sold out of bankruptcy to ...

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October 3rd,2016

BlackLine Systems Files For IPO

Woodland Hills-based BlackLine Systems has filed for an IPO, saying in an S-1 filing that it is looking to raise up to $100M in an IPO on the NASDAQ Global Select Market as BL. The IPO is being underwritten by Goldman, Sachs & Co., J.P. Mor...

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September 28th,2016

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

ServiceNow, the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. According to ServiceNow, which is based in Santa Clara but still ...

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September 27th,2016

Obalon Sets IPO Pricing Range

Carlsbad-based Obalon Therapeutics, which is developing a balloon-based medical device for assisting in weight loss, has set the estimated initial IPO pricing range for its public offering, saying it now expects an initial public offering a...

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September 26th,2016

Estify Raises $6.3M For Auto Body Shop Estimate Software

Agoura Hills-based Estify, a developer of software to help auto body shops creates estimates on repair for auto insurers, has raised $6.3M in a Series A funding, the company disclosed today. The funding came from Romulus Capital along with ...

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September 22nd,2016

ULA Takes Aim At SpaceX Track Record

The United Launch Alliance, the Boeing-Lockheed joint venture which had, until recently, a lock on contracts for national security launches for the Air Force, is taking aim at Hawthorne-based SpaceX. In a letter leaked to the Washington Pos...

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September 22nd,2016

Tinder Backs Vina's Female Networking App

Los Angeles-based dating app developer Tinder said this morning that it has made an investment in Hey! VINA, the developer of a Tinder-like mobile app to help women find friends. Tinder participated as part of a $1.4M, seed funding round, w...

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September 22nd,2016

The Trade Desk Closes Up 67.22 Percent After IPO

September 22nd,2016

Tealium Scores $35M More For Tag Management Software

San Diego-based Tealium has raised $35M more in funding, the company said Wednesday, in what the company described as growth capital. The funding came from all of its existing investors. Tealium, led by Jeff Lunsford, said the funding will ...

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September 22nd,2016

SetPoint Medical Expands Into New Headquarters

Valencia-based SetPoint Medical, which is developing medical device based treatments for inflammatory disease, said Wednesday that it has moved into a new, 14,000 square foot headquarters, at the Mann Biomedical Park in Valencia. The 25-per...

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September 21st,2016

The Trade Desk Sees Major Surge With IPO, Up Nearly 60 Percent

Ventura-based The Trade Desk, saw a huge pop in the markets this morning, with its stock trading up nearly 60 percent, at $28.66 per share--significantly above the $18.00 per share the company priced at late last night. The Trade Desk--whic...

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September 21st,2016

The Trade Desk Prices IPO, To Hit NASDAQ Today

Ventura-based The Trade Desk, which operates an online advertising exchange, priced its IPO late Tuesday evening, saying that it will sell 4,666,677 shares of its Class A common stock at $18.00 per share. The company will begin trading toda...

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September 21st,2016

DataScience Debuts New Data Analysis Platform

Los Angeles-based DataScience, the data analytics software developer led by Ian Swanson, has rolled out its data analysis platform, the DataScience Cloud. The new software is aimed at data science teams in the enterprise. DataScience said i...

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September 20th,2016

Fika Ventures Seeks $50M For New Venture Fund

Los Angeles-based Fika Ventures, founded by Tx Zhuo and Eva Ho, is looking to raise a total of $50M for a new investment fund, according to a pair of regulatory filings by the firm in the last week. The new firm has two separate filings for...

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September 20th,2016

The Trade Desk Bumps Estimated IPO Pricing Range

In a sign that reception to the company's IPO is going well, Ventura-based The Trade Desk said in a regulatory filing on Monday that it now expects its initial public offering price to be between $16.00 and $18.00 per share. The new estimat...

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September 20th,2016

Greenwave Systems Acquires Predixion Software

Irvine-based Internet-of-Things (IoT) software developer Greenwave Systems announced this morning that it has acquired Aliso Viejo-based Predixion Software. Financial terms of the acquisition were not announced. Greenwave said the acquisiti...

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September 16th,2016

Report: Venture Capital Fund Linked To Convicted Felon In Lompoc

A new report, published this morning by Fortune, says that a "new" venture capital fund--announced last week in officially looking press releases--appears to be linked to a convicted inmate, currently imprisoned in Lompoc. Fortune says that...

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September 15th,2016

LumaTax Raises $2M For Small Business Tax Reporting Software

LumaTax, a new startup has offices in both San Diego and Seattle, Washington, has raised $2M in a funding, the company said on Thursday. The funding came from Madrona Venture Group, Greycroft Partners, and angels. LumaTax develops software ...

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September 14th,2016

Support Our News Coverage - Become A Member Today!

We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can you make sure you continue to get news on Southern California's technology industry? By...

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September 14th,2016

Here's Who Is Funding Companies In Southern California Today

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our...

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September 13th,2016

SaaS Funding Targets Software Companies With New Santa Monica Office

SaaS Funding, a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), di...

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September 13th,2016

Tastemade, Jaunt Tap Ryan Seacrest, Conan O'Brien For Tour Through LA

Santa Monica-based virtual reality content developre Jaunt, and Santa Monica-based online food and travel lifestyle content provider Tastemade said today that the two have tied together for a new, virtual-reality trip through Los Angeles, f...

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September 9th,2016

Obalon Therapeutics Files For IPO

Carlsbad-based Obalon Therapeutics has filed for an IPO, saying Friday morning that it is looking to raised $75.0M in an IPO on the NASDAQ Global Market. The company has applied to list as OBLN. The company's IPO is being underwritten by UB...

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September 8th,2016

Howard Morgan Steps Down At First Round Capital, Back To Angel Investing

Howard Morgan, the venture capitalist who helped found Pasadena-based Idealab back in 1996, and has since been Founding Partner at seed stage investment fund First Round Capital, is returning to angel investing and will not participate in ...

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September 8th,2016

Western Digital, Unisplendour Launch Joint Venture

Irvine-based Western Digital, and Chinese company Unisplendour Corporation Limited said today that the two have launched a new joint venture, Unis-WDC Storage Co., Ltd., to market and sell datacenter storage systems in China. The two compan...

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September 6th,2016

ROX Medical Gets $40M Funding

San Clemente-based ROX Medical, a startup developing medical devices to treat hypertension, has raised $40M in a Series E funding, the company said this morning. The funding was led by Novartis Venture Fund and Apple Tree Partners and also ...

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August 30th,2016

Washio Shuts Down On Demand Laundry Service

Santa Monica-based Washio, the venture-backed, on-demand laundry startup, has shut down, according to the company. The company said that it will be shutting down its operations, as of Aug 29., and returning orders to customers. The company ...

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August 30th,2016

March Capital Partners Leads Investment In eSports Streaming Startup Genvid

Los Angeles-based venture investor March Capital Partners, in a deal led by Gregory Milken, has lead a seed funding round in New York-based startup Genvid Technologies. Genvid Technologies said it has raised $1.5M in a seed funding round, w...

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August 23rd,2016

Trade Desk Files For IPO

Ventura-based Trade Desk has filed for an IPO, saying that it is looking to raised up to $86.25M on an IPO on the NASDAQ Global Market. The company says it has filed to trade as TTD. The advertising technology company is led by Jeff Green. ...

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August 22nd,2016

Kobe Bryant, Jeff Stibel Team On New $100M Venture Capital Fund In LA

In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant, the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venture capital fund, to invest in technolog...

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August 18th,2016

Avelas Biosciences Raises $20M

San Diego-based biopharmaceuticals developer Avelas Biosciences has raised $20M in a Series C funding, according to the company. The new funding was led by Pharmstandard International, S.A., and laos included Ervington Investments Limited a...

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August 16th,2016

Susa Ventures Closes $50M Second Fund, But Leaves LA

San Francisco-based venture investor Susa Ventures said this morning that it has raised $50M in its second fund, Susa Ventures II--but no longer has a presence in Los Angeles. The investor, which for its first fund had enlisted Eva Ho to fi...

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August 10th,2016

SoCal Sees Summertime Surge In Exits

In what looks to be an unprecedented surge in high profile, high value exits for high tech companies in Southern California, there have now been six big exits in the region over the last month worth over $100M. Those exits--worth more than ...

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August 9th,2016

Woven Digital Inks Deal With Coors Light On New Series

Los Angeles-based digital media company Woven Digital says it has inked a partnership with Coors Light, to launch a new series on its UPROXX site, called "HUMAN LIMITS". Woven Digital said the new series will "exploration of our limitations...

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August 9th,2016

Tongal Names Strategy Head

Santa Monica-based Tongal, which operates an online, content crowdsourcing site focused on video, has named a Vaughan Emsley as its new Head of Strategy and Client Development. Emsley was most recently at Saatchi & Saatchi, where he was ove...

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August 3rd,2016

DogVacay Awards College Scholarship

Los Angeles-based pet sitting marketplace DogVacay has announced its first, DogVacay Scholarship, a $3500 award which was open to any, entrepreneurial student either entering as a freshman to college in the Fall of 2016, or a student curren...

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August 3rd,2016

Sensay Snags $4.5M For Chatbot Technology

Los Angeles-based Sensay, a developer of chatbot technology, has raised $4.5M in a seed funding round, according to the company. The funding was led by Norwest Venture Partners, and also included Greycroft Partners, Sweet Capital, NHN, Drap...

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August 3rd,2016

Time Warner Takes Ten Percent Stake In Hulu

Time Warner has taken a 10 percent stake in Los Angeles-based streaming television service Hulu, the companies said this morning, and also has inked a deal to add TNT, TBS, CNN, Cartoon Network, Adult Swim, truTV, Boomerang and Turner Class...

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August 3rd,2016

Sorrento In Joint Venture With Korea's CHA Biotech

San Diego-based Sorrento Therapeutics says it has entered into a new joint venture, with South Korean company CHA Biotech Co., Ltd. (CBT), to develop and commercialize "natural killer cell" therapies developed by CH Biotech. According to S...

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August 1st,2016

CureDuchenne Ventures Gets Exit At Bamboo Therapeutics

Newport Beach-based CureDuchenne Ventures, the venture investment arm of nonprofit medical foundation CureDuchenne, says it has scored an exit at Bamboo Therapeutics. CureDuchenne invested in the Series A funding for Raleigh, NC-based Bambo...

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July 28th,2016

Verdezyne Names New CFO

Carlsbad-based synthetic chemistry technology developer Verdezyne said this week that it has named David Kelsey as its new Chief Financial Officer. Kelsey was previously CFO of Elevance Renewable Sciences, and also served at Sealed Air, Gen...

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July 21st,2016

Impinj Sees Surge In IPO

Impinj, the developer of RFID chips and products which has operations in Orange County, saw a surge in its IPO this morning, and was trading around $17.24 in morning trading--up more than 23 percent from its $14.00 per share debut. Impinj p...

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July 20th,2016

Dollar Shave Club Acquired For $1 Billion By Unilever

In another, stunning exit for Southern California's technology startup community, Los Angeles-based Dollar Shave Club has been acquired from a reported $1 billion by Unilever. Dollar Shave Club operates a subscription, razor and toiletries ...

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July 20th,2016

Versant Ventures Chalks Up An IPO At Audentes Therapeutics

Newport Beach-based venture capital ‌investor Versant Ventures can chalk up another IPO this morning, as portfolio company Audentes Therapeutics heads to the NASDAQ Global Market as BOLD. Audentes priced at the midpoint of its earlier...

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July 19th,2016

Hyperloop One Countersues BamBrogan For $250M

Los Angeles-based Hyperloop One, the high flying startup which has been working on high speed, tube-based transportation systems first envisioned by Elon Musk, has countersued former founder and executive Brogan BamBrogan, for launching a "...

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July 15th,2016

Southern California Companies Raise $2.49 Billion In VC In Q2

Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The n...

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July 13th,2016

Sienna Biopharmaceuticals Ups Series A To $46M

Westlake Village-based Sienna Biopharmaceuticals has had a second close on its Series A funding, bringing the total raised in the round to $46M, the company said on Tuesday. The funding was led by ARCH Venture Partners and Partner Fund Mana...

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July 11th,2016

Impinj, With Offices In OC, Sets IPO Pricing Range

Impinj, a developer of RFID technology which has engineering offices in both Rancho Cordova and Newport Beach, has set the estimated IPO pricing range for its stock at between $12.00 and $14.00 per share, the company said in a filing this m...

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July 8th,2016

Surf Air Expands To Europe

Los Angeles-based all-you-can-fly airline Surf Air is in a major expansion of its membership-based air services today, saying that it has launched a European venture, Surf Air Europe, which will bring the same style of all-you-can-fly fight...

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July 5th,2016

Readers: Support Our News Coverage, Become A Member Today!

Dear readers: do you find our news coverage on Southern California's high tech companies, startups, and technology developments useful? Are we helping you to find and win customers and deals? If so, we need YOUR support. Our coverage is sup...

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July 5th,2016

Jukin Media Raises $2.5M More

Los Angeles-based Jukin Media has just raised $2.5M more, according to a regulatory filing from the company, in the form of debt funding. No details on the new funding for the company have yet been announced. Jukin Media finds and licenses ...

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July 1st,2016

Cylance Adds Citi Ventures To $100M Series D

Irvine-based Cylance said on Thursday that it has added strategic investor Citi Ventures, to the list of its investors in its recently announced, $100M Series D funding. Citi joins Insight Venture Partners and Blackstone Tactical Opportunit...

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June 30th,2016

Woven Digital Takes $18M More In Funding

Los Angeles-based Woven Digital, which develops original video content aimed at the pop culture and millennial male market, has raised $18.5M in a Series B funding. The funding was led by WPP Ventures, along with Institutional Venture Partn...

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June 30th,2016

How Kaleo Is Tackling Enterprise Knowledge Sharing

Phil Hui-Bon-Hoa, the CEO of El Segundo-based Kaleo (www.kaleosoftware.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. He's now hard at work ...

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June 29th,2016

Rincon Backs Keen IO In New Round

Santa Barbara-based venture investor Rincon Ventures has backed portfolio company Keen IO, in a followup investment in that company's Series B. Keen IO, which is based in San Francisco, said it raised $14.7M in a funding round from Pelion V...

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June 28th,2016

CrowdStrike Rolls Out Breach Prevention Bundle

Irvine-based cybersecurity services and software provider CrowdStrike said today that it has launched a new, bundle of software specifically aimed at breach prevention at companies. CrowdStrike said its new package bundles together Falcon H...

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June 27th,2016

ReachLocal Acquired By Gannett For $156M

Woodland Hills-based ReachLocal is being acquired by publishing giant Gannett Co., in a deal worth approximately $156M, the two companies said on Monday afternoon. ReachLocal said Gannett would pay $4.60 per share in cash for the company. V...

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June 27th,2016

Upfront Ventures To Canada With Latest Video Funding In Vemba

Los Angeles-based venture investor Upfront Ventures has made a new investment in the video distribution and content discovery area, with an investment in Canadian firm Vemba. Vemba, which is based in Toronto but has offices in Los Angeles, ...

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June 27th,2016

Thrive Market Picks Up $111M In New Funding

Marina Del Rey-based, online healthy foods grocer Thrive Market has raised $111M in a new, venture funding round, the company disclosed this morning. The new funding was led by Invus Group, and also included Greycroft Partners, E-Ventures a...

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June 23rd,2016

Upfront Ventures Names Kobie Fuller As New Partner

Los Angeles-based venture capital investor Upfront Ventures has named a new Partner at the company, luring away Kobie Fuller from Accel Partners. According to Upfront Ventures, Fuller--who has invested in such companies as Oculus VR, UserTe...

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June 21st,2016

Blueprint Bio Raises $7.5M

Blueprint Bio a developer of biomarker technology for the personalized medicine market, has raised $7.5M from Murrieta-based Forentis Partners. Blueprint Bio has offices in Murrieta, along with Philadelphia and Rochester, MN, at the Univers...

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June 17th,2016

Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

Fouad ElNaggar, a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. According to Sapho, it has raised $9.5M in a Series A funding, which was led ...

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June 16th,2016

Greycroft Leads New Investment In Performance Horizon

Venture investment firm Greycroft Ventures, which has an office and is very active in Los Angeles, has led the investment in Performance Horizon, a San Francisco digital marketing software developer. Performance Horizon said that it raised ...

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June 15th,2016

Vow To Be Chic Gets $5M For Bridesmaid Dress Rentals

Los Angeles-based bridesmaid dress rental site Vow To Be Chic, which was founded by Kelsey Doorey, said Wednesday that it has raised $5M in a Series A funding. The company said the funding included Pritzker Group Venture Capital and Wavemak...

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June 15th,2016

Invoca Debuts New Facebook Ad Product

Santa Barbara-based Invoca, which helps marketers correlate phone calls to what advertising drove those calls, has rolled out another product for Facebook, the company said Tuesday. Invoca said its new Invoca for Social allows marketers to ...

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June 13th,2016

Mucker Capital Backs Ascend Consumer Finance

Los Angeles-based venture investor Mucker Capital is one of the backers of fintech startup Ascend Consumer Finance, as part of a $11M funding round. Ascend said it raised $11M in follow on funding, which included OCA Ventures, Partech Ventu...

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June 10th,2016

Cylance Joins The Unicorn Club

Irvine-based Cylance, the cybersecurity software developer which just announced a $100M funding round this week, appears to have joined the rare club of Southern California "unicorns", with that funding round being valued at more than $1 bi...

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June 8th,2016

Cylance Raises $100M In Series D

Irvine-based cybersecurity software developer Cylance has raised $100M in a Series D funding, the company said this morning, in a round led by Blackstone Tactical Opportunities and Insight Venture Partners. The company, which develops artif...

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June 8th,2016

SPACES Wins $30M Virtual Reality Deal In China, Raises $3M

Los Angeles-based SPACES, a developer of virtual reality content, said this morning that it has created a new, $30M joint venture with Chinese theme park operator Songcheng Performance Development Co. Ltd., and also raised a separate, $3M e...

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June 7th,2016

Forentis Fund Launches $50M Personalized Medicine Venture Fund

Murrieta-based Forentis Partners, a new venture capital investment fund, said Monday that it has launched the Forentis Fund, a new, $50M special purpose venture fund specifically focused on bringing personalized medical solutions to market....

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June 7th,2016

CREATV Media, Led By Digital Media's Peter Csathy, Launches

Peter Csathy, the digital media veteran who was CEO of Manatt Digital Ventures for the last three yeras, said this morning that he has launched a brand new company, called CREATV Media. Csathy said the new venture is a media innovation, inv...

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June 3rd,2016

Impinj, With Offices In OC, Files For IPO

Impinj, a developer of RFID and other wireless chips which has rseearch offices in Rancho Cordova and Newport Beach, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $60M. The company has applied to li...

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May 26th,2016

Belkin Spins Out Wemo Water To New Joint Venture, Phyn

Playa Vista-based Belkin International, and safe drinking water delivery systems developer Uponor said Wednesday that the two have teamed together to create a new, joint venture, called Phyn. According to the two, the new company will bring...

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May 25th,2016

March Capital Partners' Jim Armstrong On A New, $240M Venture Fund

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. We caug...

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May 24th,2016

March Capital Partners Launches $240M Venture Fund

Santa Monica-based March Capital Partners, the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its ...

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May 20th,2016

Digitzs: Taking On The Pain Of Payment Processing

One of the major issues for businesses, is handling and processing payments from credit and debit cards. In particular, there are many platforms who enable taking ticket payments for sporting events, donation payments for non profits and ...

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May 20th,2016

iRise Rolls Out New User Requirements Software

El Segundo-based iRise, which develops application prototyping software used for developing enterprise applications, says it has rolled out a new, user requirements management feature for its product. The company said its new Requirements M...

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May 19th,2016

March Capital Partners Backs Dojo Madness

Los Angeles-based March Capital Partners is the lead investor in Berlin-based Dojo Madness, a developer of e-sports content and coaching tools, as part of a $4.5M funding round, Dojo Madness revealed today. The funding round also included I...

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May 19th,2016

bLife Acquired By Canary Health

Los Angeles-based bLife, the mobile, stress management application software developer which was founded by Paul A. Campbell and Hamet Watt, has been acquired by Canary Health, the two said this morning. Financial terms of the buy were not ...

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May 18th,2016

Accruent Acquired By Genstar Capital

Accruent, the developer of real estate, facilities, and asset management software which was founded by Mark Friendman, has been acquired by private equity investor Genstar Capital. Financial terms of the acquisition were not disclosed. Accr...

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May 18th,2016

SPACES Lands $3M For Virtual Reality Startup

Santa Monica-based SPACES, a new virtual reality startup, said today that it has raised $3M in a funding round from Comcast Ventures, Boost VC, Canyon Creek Capital, Colopl VR Fund, GREE Inc., Kai Huang, The Venture Reality Fund, the Sinova...

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May 17th,2016

Enevate Names CFO

Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy as its new Chief Financial Officer. Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has serve...

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May 16th,2016

Alteryx Hires SVP Engineering

Irvine-based data analytics software developer Alteryx has named Jay Bourland as its new Senior Vice President of Engineering, according to the company. Bourland was most recently Senior Vice President and General Manager, Customer Communic...

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May 11th,2016

Crosscut Ventures Backs Blockchain Startup

Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent, developing blockchain technology for the financial markets. According to Fluent, which is based in Lexington, Kentucky, it raised $1.65M in...

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May 11th,2016

Aira Expands Board Of Directors

San Diego-based Aira, the startup which is developing assistive technology for the blind, has named venture investor Scott Minick as its Executive Chairman, the company said Tuesday. Minick is currently Venture Partner at ARCH Venture Partn...

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May 10th,2016

Hyperloop One Raises $80M, Inks Infrastructure Partnerships

Los Angeles-based Hyperloop One--formerly, Hyperloop Technologies--said late Monday that it has raised $80M in a Series B financing round, and inked a list of infrastructure partners. The company, which also said it is conducting its first,...

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May 10th,2016

Tradesy Takes $30M More For Online Luxury Clothing Marketplace

Santa Monica-based online luxury clothing marketplace Tradesy has raised $30M more in a Series C funding, the company disclosed late Monday. The funding was led by Wildcat Capital Management and also included Kleiner Perkins Caufield & Byer...

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May 6th,2016

360fly Raises $40M For 360 Degree Camera

Aliso Viejo-based 360fly, which develops a single lens, 360-degree video camera, has raised $40M in a Series C funding, the company said Thursday. The funding was led by L Catterton, Hydra Ventures, and Qualcomm Ventures in the funding. Hyd...

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May 4th,2016

Club W Raises $17.5M, Renames Itself to Winc

Los Angeles-based subscription wine service Club W said this morning that it has raised $17.5M in a Series B funding, and renamed itself to Winc. Winc said that the funding was co-led by Chinese investor Shining Capital, and also included B...

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May 3rd,2016

Greycroft, Paige Craig Get Exit As Adobe Buys LiveFyre

Two, Los Angeles area investors--venture investment firm Greycroft Pratners, and angel investor Paige Craig--are among the investors seeing an exit today, as Adobe said acquired blog commenting tools maker LiveFyre. Financial terms of the ...

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May 3rd,2016

Sixgill Raises $6M For Proximity Sensing

Santa Monica-based Sixgill, a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included ...

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May 3rd,2016

Slantrange Rolls Out New Agricultural Drone Sensors

San Diego-based Slantrange, a developer of aerial remote sensing products for the agriculture industry, said it has launched a new product line today, aimed at the precision agriculture market. The company said its new SL2i and Sl2p product...

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April 29th,2016

SpaceX Wins $82.7M GPS Satellite Launch Contract

Hawthorne-based SpaceX has won a big, $82.7M contract from the U.S. Air Force, to launch next generation, GPS III satellites into orbit. According to the contract award, the contract will include launch vehicle production, mission integrati...

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April 29th,2016

Alteryx Names Two New Board Members

Irvine-based data analytics software developer Alteryx has named two new members to its board, the company said this week, including Chuck Cory, the former Chairman, Technology Investment Banking at Morgan Stanley, and Tim Maudlin, who sits...

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April 28th,2016

Sienna Biopharmaceuticals Gets $34M For Aesthetic Medicine Products

Westlake Village-based Sienna Biopharmaceuticals, a new aesthetics and medical dermatology startup, said Thursday that it has raised $34M in a Series A financing round. The funding was led by ARCH Venture Partners, and also included Altitud...

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April 26th,2016

Finistere Ventures, International Farming Corporation Form New Venture Fund

San Diego-based Finistere Ventures, and farming giant International Farming Corporation (IFC) said today that they have launched a new venture fund, Willow Hill Ventures. According to the two, Willow Hill Ventures will focus on providing gr...

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April 21st,2016

Acorns Gets $30M From PayPal, Rakuten For Investing App

Newport Beach-based Acorns, the developer of a mobile app which turns your spare change into investments in an exchange traded fund (ETF), has raised $30M in a new funding round from PayPal and Rakuten, the company disclosed today. The star...

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April 21st,2016

UTA Backs Captiv8 For YouTube Influencer Marketing

The United Talent Agency (UTA) is one of the backers in a new, software-driven influencer marketing startup called Captiv8, which announced a funding round this morning. Captiv8 said this morning that it had raised $2M in a funding round, f...

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April 19th,2016

Giftagram Raises $3.2M For Mobile Gifting

Los Angeles- and Toronto-based Giftagram, which develops mobile gifting apps, said today that it has raised $3.2M in a venture funding round, from a long list of angel investors. The company--which is led by Jason Reid--develops iOS and And...

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April 19th,2016

Biocom Opens LA Office

Life sciences industry organization Biocom, which has been helping to represent Southern Califronia's life science industry for more than 20 years, says it has set up a Los Angeles office, to better help promote the success of LA in the lif...

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April 15th,2016

Illumina Creates New, $100M Venture Fund

San Diego-based life sciences equipment maker Illumina has created a new, $100M venture capital fund, the company said Thursday afternoon, which will focus on investments in early stage companies that are pioneering new applications of nucl...

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April 15th,2016

Nativo Snags Google Vet As VP of Product

Los Angeles-based native advertising technology developer Nativo said this week that it has named Eugene Cherny, a former Google executive, as its new Vice President of Product. Nativo said that Cherny was previously manger of Google's True...

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April 15th,2016

Southern California VC Totals Drop To $810.5M In Q1

Southern California startups raised $810.5M in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Southern California v...

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April 13th,2016

mPulse Mobile Ups Funding To $13M

Los Angeles-based mPulse Mobile, which develops mobile healthcare software, has upped its recent funding round to $13M. The company--which announced the first tranche of a Series A in January, worth $10M--said the new funding came from Camb...

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April 12th,2016

Enevate Names Qualcomm Vet Altman To Advisory Board

Irvine-based Lithium-ion battery developer Enevate announced this morning that it has named Steve Altman, former Qualcomm President and Vice Chairman, to its advisory board. Enevate said that Altman had been at Qualcomm since 1989, and serv...

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April 12th,2016

Green Dot Names Three Board Directors

Pasadena-based Green Dot says it has named three, new, independent directors to its board of directors late Monday. According to Green Dot, it has named J. Chris Brewster, Rajeev V. Date and William I. Jacobs, with non-independent director ...

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April 7th,2016

Clutter Finds $20M More

Los Angeles-based on-demand, full service self-storage startup Clutter has raised $20M in a Series B funding round, the company said this morning, in a round led by Sequoia Capital. Clutter, which was founded by Ari Mir and Brian Thomas, of...

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April 5th,2016

Bombd Sets Up Shop In Venice, Aims At Social Networking

Bombd, a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved ...

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April 5th,2016

HopSkipDrive Expands To Orange County

Los Angeles-based app-based, ride service for kids, HopSkipDrive said this morning that it has expanded its service into Orange County. The service--which helps busy parents offload the shuffling of their kids between school and activities-...

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April 1st,2016

Cylance Brings Legal Counsel In House, Adds HR Exec

Irvine-based cybersecurity software developer Cylance said Thursday that has named two new executives. Cylance has named Brady Berg as General Counsel, and Vina Leite as Chief People Officer. Berg was previously co-chair of the Venture Capi...

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March 31st,2016

Burner Launches New Version Of Temporary Phone Number App

Los Angeles-based Burner has rolled out a big update to the company's app, which lets users create and use temporary phone numbers on the fly. According to the company, the software now supports auto archiving of text messages and contacts ...

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March 30th,2016

LA Dodgers Accelerator Opens Apps For New Class

The LA Dodgers Sports and Entertainment Accelerator has opened up applications for a new class of startups, as the Los Angeles Dodgers and R/GA Venture said they plan to run another startup accelerator class. According to the LA Dodgers and...

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March 30th,2016

Invoca Picks Up $30M More

Santa Barbara-based Invoca, the developer of call tracking software used by marketers, has raised $30M more in a Series D funding, the company said this morning. The funding was led by Morgan Stanley Alternative Investment Partners, along w...

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March 24th,2016

Forbes Midas List Skips SoCal, Again

In what has been a familiar refrain, the annual Midas List ranking by Forbes Magazine of the most influential venture capitalists has completely skipped Southern California's venture capital community, although it did credit the position ...

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March 24th,2016

Visionary VR Gets $6M

Los Angeles-based Visionary VR has raised $6M in a Series A round, the company said on Wednseday, led by DFJ. The round also included The Venture Reality Fund, BDMI, GC VR Gaming Tracker Fund (Greycroft Partners), Vayner/RSE, and End Cue, a...

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March 24th,2016

HG Data Takes $12M More For Market Analytics

Santa Barbara-based HG Data has raised $12M in a Series B funding, the company announced today, for it market analytics and intelligence information. The startup said the funding was led by Updata Partners, and also included Rincon Venture ...

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March 23rd,2016

Survey: SoCal Startups Optimistic Even As Venture Capital Tightens

A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic abo...

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March 23rd,2016

Wavemaker Partners Backs Front Desk With $1M Investment

Los Angeles-based venture investor Wavemaker Partners has made a $1M investment in Front Desk, a developer of mobile scheduling and payment services for businesses, the company disclosed Tuesday. The funding is an extension of a recently an...

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March 22nd,2016

TaskUs Gets $14M In Debt Funding

Santa Monica-based TaskUs said today that it has raised $14M more, via a senior debt facility, to help it continue to grow the company. The company--which just passed up a total of 5,000 employees--said the debt facility came from Bridge Ba...

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March 18th,2016

Transphorm Adds Distributors For Power Electronics

Goleta-based gallium nitride (GaN) semiconductor developer Transphorm has added two new distributors, the company said this week, to carry its GaN power transistors and modules. Transphorm said it has added Rihardson Electronis and A/D Sale...

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March 17th,2016

Four SoCal Startups That Thrived Despite--or Because Of--Economic Downturns

There has been a lot of worry recently in the high tech industry and from venture investors about "headwinds" in the technology market, particularly with valuations of "unicorn" companies dropping, investors shying away from investing in...

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March 15th,2016

Wag Expands To Austin

Los Angeles-based on-demand, dog walking marketplace Wag!, which was founded by Jason Meltzer and Josh Viner, said today that it has expanded to Austin, to coincide with the SXSW tech gathering in that city this week. The startup says that...

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March 15th,2016

Numecent Aims New Product At Enterprise, Inks Distributor In Japan

Irvine-based cloud software developer Numecent said today that it has launched a new product aimed at the enterprise, and inked a distribution partnership in Japan. The new enterprise offering, Cloudpaging for Enterprise, is aimed at helpin...

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March 14th,2016

Core Innovation Capital Gets Speedy Exit At Honest Dollar

Los Angeles-based fintech venture investor Core Innovation Capital has scored a quick exit at one of its portfolio companies, Honest Dollar, just a year after its seed funding. Goldman Sachs said this morning that it has acquired Honest Dol...

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March 14th,2016

Clearlake Capital Targets Food, Health and Wellness Investments

Santa Monica-based investor Clearlake Capital Group said Friday that it has launched a new effort to make investment in emerging food and health & wellness trends, through Better For You Holdings. Clearlake said the new venture is being set...

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March 11th,2016

How Classy Is Helping Nonprofits To Attract and Retain Supporters

What do you get when you combine a charitable pub crawl, the movie Anchorman, and a software developer randomly hired off Craigslist? In the case of San Diego's Classy (www.classy.org), you get an extremely popular piece of software-as-a-...

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March 10th,2016

500 Startups Extends Presence To Los Angeles

Venture capital investor 500 Startups appears to be extending its presence in the Los Angeles area, with the appointment of Jess Erickson as LA Program Director at the firm. 500 Startups has not said what Erickson will focus on with the new...

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March 9th,2016

Verdezyne Signs Distributor In Asia Pacific

Carlsbad-based Verdezyne, the developer of renewable chemicals which is backed by BP Ventures, DSM Venturing B.V., OVP Venture Partners, Monitor Ventures, and Sime Darby, has signed on a new distributor in the Asia Pacific region. Verdezyne...

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March 8th,2016

ZEFR Raises $5M More

Venice, California-based ZEFR, the content monetization technology developer, has raised $5M more in what appears to be a convertible debt funding. According to a regulatory filing by the company, the debt funding came from 10 investors. Th...

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March 8th,2016

Insights: What Makes A Good Startup CEO

For today's Insights and Opinions section, where we feature contributions from the movers and shakers in Southern California's technology industry, we have an article from Ivan Nikkhoo, an experienced entrepreneur, investment banker, and ve...

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March 8th,2016

Amgen Backs Tizona Therapeutics In $43M Funding

Thousand Oaks-based Amgen has made another investment this morning in immunology startup Tizona Therapeutics, via its venture capital arm, Amgen Ventures. According to Tizona Therapeutics, it completed a $43M Series B financing round, which...

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March 8th,2016

Juwai.com Sets Up Shop In LA

Juwai.com, a Chinese real estate website which focuses on marketing overseas properties to Chinese buyers, said it has set up operations in Los Angeles, hiring Matthew Moore as its first President of the Americas. Moore is a veteran of Move...

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March 8th,2016

How Tuition.IO Is Helping To Tame Student Debt, One Employee At A Time

Once upon a time, one of the best benefits that employers could offer up an employee was a company contribution to their retirement plan. However, for an entire generation of employees—particularly, those coming out of school now—saving f...

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March 4th,2016

Comparably.com, Led By Jason Nazar, Raises $6.5M For Pay Transparency, Culture

Santa Monica-based Comparably.com, a new startup led by longtime entrepreneur Jason Nazar, has raised $6.5M in a funding round, and launched a new platform to help people compare pay and culture between companies. The funding round was led ...

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March 3rd,2016

Pathmatics Gets $3M For Advertising Analytics Software

Santa Monica-based Pathmatics, a startup developing analytics software for analyzing the programmatic advertising market, has raised $3M in a Series A funding. The funding was led by Bertelsmann Digital Media Investments (BDMI), and also in...

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March 2nd,2016

Sorrento Therapeutics In South Korean Joint Venture

San Diego-based biopharmaceuticals developer Sorrento Therapeutics and South Korean pharmaceuticals firm Yuhan Corporation said today that they have formed a new joint venture, ImmuneOncia Therapeutics. The companies said that the new compa...

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March 1st,2016

Wrike Opens Office In San Diego, Plans to Hire 150

Mountain View-based Wrike, a developer of enterprise work management software, said on Monday that it has opened up a new office in San Diego, and plans to hire 150 people in the location. Wrike said the new jobs in the location will be in ...

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February 26th,2016

55Haitao Gets $15M For Chinese Shopping

Pasadena-based 55Haitao.com, a Chinese shopping site which acts as a forum and shopping guide for Chinese consumers, has raised $15M in a Series A financing, the company said today. The funding was led by JJ Capital, a Chinese venture capit...

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February 26th,2016

Rincon Backs Software QA Developer

Santa Barbara-based venture investor Rincon Venture Partners is one of the investors in San Francisco-based Rainforest QA, which recently announced a $12M, Series A funding. Rainforest QA develops tools to help automate software quality ass...

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February 25th,2016

SOCi Scores $2.25M For Social Media Marketing Tools

San Diego-based SOCi, a developer of social media management and marketing software, has raised $2.25M in funding, the company said Wednesday. The funding came from angels Taner Halicioglu (Facebook), Doug Hecht (Digitaria), and venture com...

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February 24th,2016

Upfront Backs Deliv In $28M Funding, Alongside UPS

Deliv, the same day delivery provider which crowdsources couriers for delivering products for such companies as TheBouqs, has raised $28M in a Series B funding. Deliv, said the funding came from the UPS Strategic Enterprise Fund, along with...

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February 19th,2016

eFFECTOR Therapeutics Boosts Series B To $56M

San Diego-based eFFECTOR Therapeutics, which is developing gene translation technology to help in the treatment of cancer, has boosted its Series B funding to $56M, the company said Friday. The company--which raised $40M in the round back i...

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February 17th,2016

Procore Rolls Out New Tools, App Marketplace

Carpinteria-based Procore Technologies, the developer of cloud-based construction project management software, led by Tooey Courtemanche, has rolled out a major upgrade to its software, and launched a new cloud-based app marketplace. Accord...

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February 11th,2016

Scopely's Eytan Elbaz Launches New Publishing Firm, Render Media

Eytan Elbaz, the co-founder of gaming developer Scopely, and one of the founders of Applied Semantics, which is now Google AdSense, said he has launched a new company in Los Angeles called Render Media. Elbaz said the new company was launch...

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February 10th,2016

ViaSat, Eutelsat In Satellite Joint Venture

Carlsbad-based ViaSat and Eutelsat Communications are in a satellite broadband joint venture in Europe, the two said Tuesday, which will provide high speed Internet services in Europe. The two said they will initially use Eutelsat's KA-SAT...

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February 5th,2016

Report: Honest Co. Prepping For IPO, Hires Bankers

A report Friday from Bloomberg says that Los Angeles-based Honest Co. is prepping for an IPO, and has hired a set of investment bankers for the effort. Bloomberg--citing "people familiar with the matter"--said Honest Co. has hired Goldman S...

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February 5th,2016

Disney Accelerator Returns For Third Year

The Walt Disney Company said Thursday that it will run its startup accelerator program, the Disney Accelerator, for the third year, with applications for the next session due on April 10th. According to Disney, the three month mentorship an...

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February 5th,2016

Represent Acquired By CustomInk For Around $100M

Los Angeles-based Represent, a social commerce startup which helps influencers and celebrities sell T-shirts and merchandise to their fans, has been acquired by custom T-shirt site CustomInk. Financial terms of the acquisition were not anno...

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February 4th,2016

Connectifier Acquired By LinkedIn

Costa Mesa-based Connectifier, the artificial intelligence software developer led by John Jersin, has been acquired by LinkedIn, the companies said Thursday afternoon. Financial terms of the buy were not disclosed. Connectifier was developi...

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February 4th,2016

Aira.IO Finds $2.5M To Assist The Blind

San Diego-based Aira.IO, a developer of assistive technology aimed at helping the blind and visually impaired, has raised $2.5M in a Series A funding, the company said this morning. The funding was led by Lux Capital and ARCH Venture Partne...

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February 3rd,2016

Kurion Acquired For $350M

Irvine-based nuclear waste remediation technology developer Kurion has been acquired by French company Veolia, in a deal worth $350M, the two companies said today, in a big exit for Kurion's venture backers. Kurion--which rose to prominence...

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February 3rd,2016

The Bouqs Company Finds $12M For Flower Delivery

Venice, California-based The Bouqs Company, the direct, cut-to-order flower delivery provider led by John Tabis, is announcing today that it has raised $12M in a Series B funding. The funding brings the company's total raised to $20M. The B...

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February 2nd,2016

Susa Ventures Seeks $50M For Second Fund

Susa Ventures, an early stage investment firm which has an office in Los Angeles, is looking to raised a $50M, second fund, Susa Venture II, according to a recent regulatory filing. Details on the fundraising effort have not been announced ...

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February 2nd,2016

Procore Technologies Wins Big Construction Client

Carpinteria-based Procore Technlogies, which develops cloud-based, construction management software, said it has signed its largest deal to date, with construction company Mortenson Construction. Financial impact of the win was not disclose...

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January 29th,2016

Fandango Buys M-GO

Los Angeles-based movie ticketing site Fandango said Friday that it has acquired M-GO, the on-demand, movie release service which is a joint venture between Technicolor and DreamWorks Animation. Financial terms of the acquisition were not d...

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January 29th,2016

Report: Los Angeles, New York Better For Female Founders

A report, issued earlier this week by venture firm the Female Founders Fund, says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. According to the fund, it tallied up Series A inve...

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January 29th,2016

Kareo Names Chief Sales Officer

Irvine-based Kareo has named Drew Hamilton as its new Chief Sales Officer, the company said this week, to help scale the company's sales organization. Hamilton was most recently Executive Vice President and General Manager of TeleTrac. Kare...

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January 28th,2016

Steamboat Ventures Seeks New $100M Fund

Steamboat Ventures, the venture capital firm linked to The Walt Disney Company, is seeking to raised $100M for its latest fund, Steamboat Ventures V. The investment firm--which once was located in Burbank--has shifted its operations to Hong...

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January 28th,2016

SteelHouse Hits $130M In Revenues

January 26th,2016

Qualcomm Ventures Loses Top Executive

Qualcomm Ventures, the venture capital arm of San Diego-based Qualcomm, has left the company and joined Microsoft. Nagraj Kashyap, who has headed up Qualcomm's venture efforts for the last 12 years, apparently is leaving for a similar role ...

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January 26th,2016

HopSkipDrive Gets $10.2M For Kids' Ridesharing Service

Los Angeles-based HopSkipDrive, the kids' ridesharing service which is led by Joanna McFarland, said today that it has raised $10.2M in a Series A funding. The funding was led by FirstMark Capital, and also included Greycroft Partners and P...

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January 26th,2016

UCLA Launches New Startup Incubator Space On Campus

The UCLA Anderson School of Management has launched a new, 10,000-square-foot startup accelerator space on campus, which it says is aimed at encouraging students, faculty, and alumni to create new businesses. The new Anderson Venture Accele...

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January 21st,2016

Clutter Offers Up Free Storage To Porter Ranch Evacuees

Are you one of the unfortunate folks who have had to clear out of Porter Ranch due to the giant natural gas leak? Los Angeles-based on-demand, self storage service Clutter said Thursday that it will offer up three months of storage to resid...

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January 21st,2016

Upfront Ventures Backs Waldo Photos In $5M Funding

Los Angeles-based venture capital investor Upfront Ventures is putting its money behind a startup, Waldo Photos, which is looking to make it a lot easier for you to find photos of yourself taken by other people. According to Waldo Photos, U...

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January 21st,2016

The Gores Group Sells Unify

Los Angeles-based private equity investor The Gores Group said Wednesday that it has sold Unify, the German joint venture it owned along with Siemens AG, to French IT services company Atos SE. Financial terms of the sale were not announced....

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January 20th,2016

CapLinked Raises $3.5M More

Los Angeles-based CapLinked, the developer of a cloud-based platform for secure, enterprise document sharing for financing and other deal management, has raised $3.5M more in a funding round, according to the company. The funding was led by...

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January 19th,2016

Illumina Makes Another Investment In Twist Bioscience

San Diego-based life sciences maker Illumina has participated in another investment round for San Francisco-based DNA synthesis startup Twist Bioscience, in a new Series D funding for that company. Twist announced a $61M Series D financing ...

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January 19th,2016

Southern California Sees Boom In Venture Investments In Q4

Think there is a technology investment slowdown? That's definitely not the case in Southern California, which saw a massive, $1.3 billion invested in venture capital in Q4 of 2015, according to the latest numbers released over the weekend b...

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January 18th,2016

Qualcomm In Chinese Joint Venture

San Diego-based Qualcomm and the People's Government of Guizhou Province are in a joint venture, focused on the design and sales of server chipsets in China, the two said on Sunday. According to the two, the joint venture is worth approxima...

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January 15th,2016

March Capital Backs VeloCloud In Series C Funding

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a developer of cloud networking technology, VeloCloud Networks, as part of a new $27M funding round for that company. VeloCloud, which is based in Si...

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January 15th,2016

Virgin Galactic, Adidas Team On Stylish Spacesuits

Mojave-based Virgin Galactic, the commercial spaceflight and tourism venture of Sir Richard Branson, may not be able to deliver you to space just quite yet. But, when they do, it apparently will be in style. Virgin Galactic and Adidas, via ...

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January 14th,2016

How mPulse Is Using Your Smartphone To Improve Health Care

Now that just about everyone has a smartphone, how can you use that nearly ubiquitous, mobile access to help improve healthcare? For one—according to Los Angeles startup mPulse Mobile (www.mpulsemobile.com), you can help remind people about...

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January 14th,2016

Prolacta Names Chief Medical Officer

City of Industry-based Prolacta Bioscience, the venture-backed company which takes and processes human milk to help premature infants, has named Victoria Niklas, M.D. as its new Chief Medical and Scientific Officer. Niklas was most recently...

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January 13th,2016

Startup Behind LAX Marriott's Robotic Butler Gets $15M From Intel, Google

The startup, which is behind the "robotic butler" that has been roaming the halls of the Marriott Los Angeles LAX/Century Boulevard has just scored $15M in a funding round, which includes Intel and Google. According to Savioke, a robotics s...

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January 13th,2016

Qualcomm, TDK Launch $3 Billion Joint Venture

San Diego-based Qualcomm and Tokyo-based TDK Corporation said very late last night that the two companies are forming a new, joint venture--RF360 Holdings Singapore PTE. Ltd.--to focus on development of RF front end modules and RF filters. ...

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January 12th,2016

mPulse Gets $10M For Mobile Health Software

Los Angeles-based mPulse a developer of mobile software to help health plans better communicate with their clients, has raised $10M in a Series A funding round. The funding came from HLM Venture Partners, along with OCA Ventures, Merrick Ve...

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January 11th,2016

Illumina Launches New Company For Early Cancer Detection With $100M

San Diego-based life sciences equipment maker Illumina said over the weekend that it has launched a new company, GRAIL, to focus on early cancer detection via blood-based screening. As part of the effort, GRAIL has raised $100M in a Series ...

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January 8th,2016

JenaValve Technology Names VP

Irvine-based heart valve developer JenaValve said Thursday that it has named a new executive, appointing Janet M. Fauls as the company's new Vice President of Regulatory Affairs. Fauls was most recently Vice President of Global Regulatory ...

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January 7th,2016

Gem Takes $7.1M For Blockchain Security

Venice-based Gem, the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M in its Series A funding. The funding was led by Pelion Venture Partners, and also included KEC Ventures, B...

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January 7th,2016

RASRx Finds Funding For Muscular Dystrophy Treatment

RASRx, a biopharmaceuticals startup developing an oral therapy to treat muscle degeneration, has scored funding from venture philanthropy company CureDuchenne Ventures, CureDuchenne Ventures announced Tuesday. Size of the funding was not an...

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January 6th,2016

NuVasive Buys Ellipse Technologies

San Diego-based medical device maker NuVasive said late Monday that it is acquiring Aliso Viejo-based skeletal deformity treatment provider Ellipse Technologies, in a deal worth $380M in cash plus up to $30M in earn out. Ellipse provides it...

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January 4th,2016

What I Learned In 2015: Hamet Watt, Upfront Ventures

Over the last week or so, we've featured the reflections of our readers on 2015 and what it has meant for Southern California's technology industry. Our last contribution comes from Hamet Watt, a venture capitalist at Upfront Ventures (www....

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December 28th,2015

What I Learned In 2015: Arteen Arabshahi, Karlin Ventures

As is a tradition for socaltech, we feature reflections on the past year from those in the community all during the last week of the year. For today's contribution, we have the thoughts of Arteen Arabshahi, a venture capitalist at Karlin Ve...

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December 28th,2015

Qualcomm Inks Chinese Patent License

San Diego-based Qualcomm announced this morning that it is in a patent licensing deal with Chinese company QiKu Internet Network Scientific (Shenzhen) Co., Ltd. According to Qualcomm, the licensing deal allows QiKu to develop, manufacture a...

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December 22nd,2015

eFFECTOR Therapeutics Picks Up $40M For Cancer Treatments

San Diego-based eFFECTOR Therapeutics, a biopharmaceuticals startup focused on treatment of cancer, announced this morning that it has raised $40M in a Series B funding. The funding was led by Altitude Life Science Ventures and also includ...

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December 17th,2015

Matcherino, With San Diego Founder, Finds $1.25M For eSports Startup

Matcherino, an online crowdfunding startup focused on funding eSports matches, has raised $1.25M in a funding round, the company said today. The startup--whose co-founder, Mario Gutierrez, is based in San Diego--said the funding was led by ...

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December 16th,2015

University Of California Raises $250M Venture Fund

The University of California system said Tuesday that it has launched a new venture capital fund, with $250M in investments, to specifically invest in opportunities emerging from the University of California's ten campuses. The UC System sa...

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December 15th,2015

Pinkberry, Backed By Venture Investors, Acquired By Kahala Brands

Los Angeles-based frozen yogurt chain Pinkberry--which is backed by venture investors--has been sold to Arizona quick serve restaurant operator Kahala Brands. Financial details of the deal were not disclosed. Pinkberry is one of the few, un...

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December 10th,2015

SteelHouse Adds $49M In Funding

Los Angeles-based advertising software developer SteelHouse is announcing this morning that it has raised $49M in a new funding round. The funding was led by Mercato Partners, and also included Staley Capital and Silicon Valley Bank. SteelH...

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December 8th,2015

Hyperloop Technologies In Deal For Test Site In Las Vegas, Eyes $80M round

Los Angeles-based Hyperloop Technologies, one of the startups looking to bring Elon Musk's grand idea for high speed transportation to life, has inked a deal for a test site in North Las Vegas, as it looks to complete an $80M, Series B fund...

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December 7th,2015

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

Ashton Kutcher and his Los Angeles-based venture firm, Sound Ventures, are one of the backers of a new startup which says it can offer up on-demand, software development and design services. San Francisco-based Gigster said this morning tha...

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December 3rd,2015

Hollar Picks Up $17.5M For Bargain Gifts Site

Santa Monica-based Hollar, a startup which offers up a wide range of low cost, bargain priced gifts, has raised $17.5M in a funding round, according to a regulatory filing. The funding came from Index Ventures, Lightspeed Venture Partners, ...

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November 30th,2015

Greycroft Raises $200M For New Venture Fund, Greycroft IV

In what is good news for Southern California's venture backed startups, one of the region's most active investors, Greycroft Partners, has raised $200M in its fourth fund. Greycroft said it just closed Greycroft IV as of today, bringing its...

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November 30th,2015

Shopatron Acquired By Vista Equity Partners

San Luis Obispo-based Shopatron, which develops e-commerce software, is being acquired by private equity investor Vista Equity Partners, according to the companies. Financial terms of the buy were not announced. Vista Equity partners said t...

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November 30th,2015

CrowdStrike Sets New CIO

Irvine-based security software developer CrowdStrike announced this morning that it has named Colin Black as its new Chief Information Officer. Black was previously CIO of Kratos Defense and Security, and also had served at Cymer and Mindsp...

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November 25th,2015

Travo Takes $2.4M For Business Travel Reservations

Los Angeles-based Travo, a startup developing a service to help business travelers book business trips, has raised $2.4M in a seed funding round. The funding came from Great Oaks Venture Capital, Baroda Ventures, Valence Ventures, TYLT Lab,...

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November 20th,2015

SpaceX To Launch Astronauts To ISS

In a huge milestone for the aspirations of Elon Musk's space venture, Hawthorne-based SpaceX has been given authorization to launch astronauts to the International Space Station, NASA said late Friday. NASA said it has given its first missi...

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November 20th,2015

Razer Plans Venture Capital Fund

Irvine-based videogame accessory and hardware maker Razer is planning on launching a new, corporate venture capital fund, starting next year, according to a report. Razer, which is led by Min-Liang Tan, reportedly plans to invest in compani...

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November 19th,2015

Announcing The socalTECH 50, 2015 Edition

Who are the top 50 people to watch in Southern California? We've attempted to do that for the last three years, trying to ferret out exactly who the people--not companies--are to watch in the region's technology industry. It's a thankless...

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November 18th,2015

Tuition.io Gets $5M For Student Loan Management

Santa Monica-based Tuition.io, a startup that developers technology-enabled services to help millennials pay off their student loans, refinance their student loans, and pay off debt, said this morning that it has raised $5M in a funding rou...

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November 11th,2015

VideoAmp Gets $15M For TV And Video Tools

Santa Monica-based VideoAmp, which says it is developing a "screen optimization platform" aimed at the TV and video ecosystem, said today that it has raised $15M in a Series A funding round. The funding was led by European investor RTL Grou...

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November 11th,2015

TigerText Raises $50M In Series C

Santa Monica-based secure messaging provider TigerText has raised $50M in a Series C financing, the company said this morning, to help it with its growth efforts. The new round was led by Norwest Venture Partners, and also included Invus Gr...

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November 11th,2015

Amplyx Pharmaceuticals Gets $40.5M For Anti Fungal Drugs

San Diego-based Amplyx Pharmaceuticals announced this morning that it has raised $40.5M in a Series B funding round. The company, which is developing treatments for fungal infections, said the funding was led by RiverVest Venture Partners, ...

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November 10th,2015

Former LA Tech Champion Percival Takes Silicon Beach Experience To Norway

Sean Percival, who was once among Silicon Beach's most visible startup entrepreneurs and activists, is taking his experience starting companies in Southern California to Norway--as the head of a new, seed stage venture fund. 500 Startups sa...

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November 10th,2015

ReVision Optics' Hits Milestone In Approval Process

Lake Forest-based ReVision Optics, which is developing vision-correcting, corneal inlays, said it has reached a milestone in its efforts to win FDA approval. According to ReVision, the U.S. Food and Drug Administration (FDA) has accepted an...

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November 9th,2015

Avalon Ventures Spins Out New Company, Iron Horse Therapeutics

San Diego-based venture investor Avalon Ventures, along with biopharmaceuticals firm GSK said this morning that the two companies are spinning out a new company, Iron Horse Therapeutics, backed by $10M in funding. According to the two, the ...

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November 9th,2015

Western Digital In Chinese Joint Venture

Irvine-based disk drive and storage maker Western Digital Corp. said this morning that it has create a new, Chinese joint venture, to market and sell its data center storage systems in China. Western Digital and Unisplendour Corporation sai...

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November 5th,2015

17 Media Raises $10M For Photo, Video Streaming App For Celebs

Los Angeles- and Taipei, Taiwan-based 17 Media announced Thursday that it has raised $10M in a Series A funding, for the company's video and photo streaming app specifically aimed at entertainers, celebrities, and influencers. The funding w...

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November 5th,2015

MarketShare Partners Acquired For $450M

Los Angeles-based MarketShare Partners, the marketing analytics technology developer led by Wes Nichols and Jon Vein, has been acquired by Neustar, in a deal worth $450M. According to Neustar, Marketshare generated $57M in revenues for the ...

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November 5th,2015

Biological Dynamics Finds $26.8M For Cancer Diagnostics

San Diego-based molecular diagnostics startup Biological Dynamics announced this morning that it has raised $26.8M in a Series C financing. The funding included Heritage Group, Alexandria Venture Investment, and Irwin Jacobs, the co-founder...

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November 5th,2015

Nimble, Owler Link Up On Company Profiles

Santa Monica-based customer relationship management software provider Nimble>, and company information provider Owler said this morning that the two are in a strategic partnership, where Nimble will use content from Owler's company profiles...

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November 4th,2015

Appetize Wins Sacramento Kings

Los Angeles-based Appetize, which develops cloud-based, point-of-sale (POS) systems, has scored a big win with the Sacramento Kings, as the Kings said it will implement the Appetize POS solution at both Sleep Train Arena and the future Gold...

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November 4th,2015

Verge Genomics, Founded By UCLA Scientists, Raises $4M In Seed Funding

Verge Genomics, a biopharmaceuticals startup founded by scientists out of UCLA, said Tuesday that it has raised $4M in a seed financing round. The funding was led by IA Ventures, and also included Two Sigma Ventures, Draper Associates, Grea...

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November 3rd,2015

FreedomPop Gets Funding From Intel Capital

Los Angeles-based free broadband wireless and phone provider FreedomPop has received an investment from Intel Capital, the venture capital arm of Intel, as part of a set of investments announced by Intel on Tuesday. Intel--which announced t...

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October 29th,2015

Aira.IO Finds Seed Funding To Assist The Blind Using Google Glass

La Jolla-based Aira.IO, a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARC...

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October 28th,2015

Alteryx Finds $85M For Data Analytics Sofwtare

Irvine-based Alteryx, which develops data analytics software, said today that it has raised $85M in an investment round. The round as led by Iconiq Capital and Insight Venture Partners, and also included Meritech Capital Partners. The start...

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October 28th,2015

Blockade Medical Finds Funding For Stroke Treatment

Irvine-based Blockade Medical, a company which is developing medical devices for the treatment of cerebral aneurysms and ischemic stroke, has raised a round of equity funding. Size of the round was not announced. Blockade Medical said the i...

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October 27th,2015

Zebit Gets $10M For Financial Services Startup

La Jollla-based Zebit, a new financial startup which is offering up what it says is "no-cost" financing to the underbanked, has raised $10M in a Series A funding, and launched its services. According to ZeBit, the funding came from Crosslin...

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October 23rd,2015

Prevoty Opens New HQ In Silicon Valley

Los Angeles-based application security monitoring software developer Prevoty said this week that it has expanded into Silicon Valley, and has opened up a new office in Menlo Park which will serve as its headquarters. According to the compa...

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October 23rd,2015

RealtyMogul Names VP Residential Finance

Los Angeles-based online real estate marketplace RealtyMogul.com said Thursday that it has promoted Amy Wu to the position of Vice President of Residential Finance, and also put Wu in charge of its team in Irvine. Wu was most recently servi...

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October 20th,2015

cielo24 Gets $5M For Video Search, Captioning API

Santa Barbara-based Cielo24, a developer of technology to which helps caption and make online video searchable, has raised $5M in a Series A funding. The funding was led by ff Venture Capital, and also included North Base Media, Pereg Ventu...

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October 16th,2015

Ansible Acquired By Red Hat For Around $100M

Santa Barbara-based Ansible, a developer of IT automation software, has been acquired by Red Hat, to help bolster Red Hat's management capabilities for hybrid and OpenStack clouds, and container-based services. Financial terms of the buy we...

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October 16th,2015

Southern California Companies Raise $1.46B In VC In Q3 2015

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 billion across the region in Q3 of 2015, according to the latest numbers released by the PricewaterhouseCoopers/NVCA MoneyTree surv...

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October 15th,2015

Clinton Foy: Why We Bought Our Own E-Sports Team, the Immortals

What is the appeal of e-sports; and how is it that investors are now buying their own e-sports teams, just like investors might buy and sell their own, traditional sports teams in soccer, basketball, and football? To get some insight into...

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October 14th,2015

Illumina Puts More Funding Into 23AndMe

San Diego-based DNA sequencing equipment maker Illumina has joined in a new venture funding round for high profile, genetic testing startup 23andMe. 23andMe said this morning that it has raised $115M in a Series E funding round, which was l...

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October 13th,2015

Divshot Acquired By Google

Los Angeles-based Divshot, which had offered up hosting of static web pages for web developers, has been acquired by Google, and will join Gogole's Firebase software development team. Financial terms of the buy were not disclosed. Divshot s...

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October 13th,2015

RealtyMogul.com Reaches $150M In Real Estate Transactions

Los Angeles-based online real estate investing marketplace RealtyMogul.com says this morning that it has just passed $150M in real estate investments through its platform, from investments in more than 265 properties. The company, led by Ji...

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October 12th,2015

Kixer's Co-Founders On Mobile Ads and Early Exits

It's not all that often that you hear of a local startup being acquired after only raising less than $1M in funding, because the company was growing so fast, rather than because an idea didn't pan out. That's the story behind Los Angeles-ba...

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October 12th,2015

Clearlake Capital Buys Syncsort

Santa Monica-based private equity investor Clearlake Capital Group announced htis morning that it is buying Syncsort, a new Jersey-based developer of big data, data migration, and other tools. Financial terms of the acquisition were not ano...

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October 9th,2015

FilmTrack Finds $10M In Debt Funding

Studio City-based FilmTrack, which develops rights and content management software for the entertainment industry, has raised $10M in a debt funding round, the company said this week. The funding comes fom Wellington Financial and Silicon V...

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October 9th,2015

Amgen Gets Exit At Adheron Therapeutics

Thousand Oaks-based Amgen has seen an exit out of its startup investment portfolio, and activities of its Amgen Ventures venture capital arm, at Berkeley-based Adheron Therapeutics this morning. Adheron said that it has been acquired by Roc...

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October 8th,2015

LA Angel Investors Put Backing Into E-Sports Franchise, The Immortals

A long list of Los Angeles angel investors has made a foray into the interesting new area of e-sports, saying Wednesday that they have acquired Team 8, a professional e-sports team, and renamed the team, the Immortals. The professional vide...

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October 8th,2015

SoCal Angel Investors See IPO Pop At CytomX

A number of Southern California angel investors are undoubtedly breaking out the champagne this morning, after the successful IPO of CytomX Therapeutics, a developer of cancer therapeutics which was spun out of UC Santa Barbara. Cytomx pric...

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October 8th,2015

Disney Accelerator Demo Day: Artificial Intelligence, 3D Printing, More

The Disney Accelerator held its Demo Day for its second class on Thursday, showing off ten companies to a theater packed full of venture and angel investors. The event, held at Disney's Burbank Studios, included companies demonstrating 3D...

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October 8th,2015

Pluto TV Adds New Content Partners

Los Angeles-based Pluto TV, which is developing an online Internet TV platform aimed at curating live TV entertainment for Internet users, said Wednesday afternoon that it has signed up a roster of over 20 new content partners fro the servi...

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October 7th,2015

Kixer Acquired By Lakana

Los Angeles-based Kixer, an advertising technology developer focused on mobile advertising, has been acquired by LAKANA, a developer of content management software based in Minnesota. Financial terms of the acquisition were not announced. K...

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October 6th,2015

ZestFinance Gets $150M In Debt Financing

Los Angeles-baesd online lender ZestFinance said today that it has raised $150M in debt financing, from Fortress Investment Group. ZestFiance said the funding goes towards the company's Bastix loan service, which is aimed at providing loans...

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October 6th,2015

Former Oversee Founder Lawrence Ng Links Up With Metamorphic Ventures

Lawrence Ng, the former founder of Oversee.net--who is now running an asset management company called LNG Management--has linked up with New York City-based venture capital firm Metamorphic Ventures. According to LNG Management, Ng has beco...

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October 5th,2015

Obvious Ventures To Announce $50,000 Investment Prize In Hollywood Next Week

Obvious Ventures, the venture investment firm co-founded by Twitter founder Ev Williams and James Joaquin of When.com/Ofoto/Xoom, is announcing a $50,000 investment in one of 50 startups being featured at a conference in Hollywood next week...

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October 5th,2015

Wellington Financial Launches New $300M Fund

Venture lending and specialty finance provider Wellington Financial, which has offices in Santa Monica, said late last week that it has closed on a new, $300M fund. The company said its $300M Fund V goes towards providing growth capital to ...

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October 2nd,2015

Clutter Expands On Demand Storage Into New York City

Los Angeles-based on-demand, self storage startup Clutter, which has been running in Los Angeles, San Francisco, and Orange County, has expanded to the East Coast, saying this week that it has begun offering up its services in New York. The...

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September 30th,2015

TenOnTen Ventures Gets $13.18M In New Venture Fund

Los Angeles-based TenOnTen Ventures, the venture capital investor founded by David Waxman and Gil Elbaz, has found $13.18M in commitments for a new venture fund, from 21 different investors, according to a regulatory filing by the fund. Det...

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September 30th,2015

Surf Air Expecting 12th Aircraft

Los Angeles-based Surf Air, which operates a membership-based, all-you-can-fly air service between Los Angeles, Silicon Valley, and a number of other regional destinations popular with technology and venture capital executives, is telling i...

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September 28th,2015

Walker & Company Brands Finds Funding From Upfront Ventures, Magic Johnson

Two, Los Angeles-area investors--Upfront Ventures, and basketball legend Magic Johnson, have backed the maker of a brand of razors and other health and beauty products aimed at people of color. Walker & Company Brands, the maker of the Beve...

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September 25th,2015

Ampsy Taps Into IBM's Watson For Social Analytics

Los Angeles-based Ampsy, the social content sharing and aggregation software developer led by Jeremy Gocke, has linked into IBM's Watson technology, saying it is using the machine learning technology as part of a new analytics offering. Amp...

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September 25th,2015

VideoAmp Opens Offices In New York, Chicago, and Detroit

Santa Monica-based VideoAmp, a developer of programmatic video advertising software, said Friday that it has opened up offices in New York, Chicago, and Detroit, and also has hired a new VP to head up its eastern region sales. VideoAmp said...

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September 22nd,2015

CoverHound Raises $33.3M

CoverHound, which has offices in Westlake Village, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital, has raised $33.3M in a Series C funding. The company now reportedly has a valuation of ...

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September 21st,2015

Qualcomm Backs Home Healthcare Startup In India

San Diego-based Qualcomm has invested in a home healthcare startup based in Bangalore, India, via its venture arm, Qualcomm Ventures. According to Portea Medical on Sunday, it raised $37.5M in a Series B funding, led by Accel, and also incl...

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September 21st,2015

Jaunt Finds $65M To Open VR Studio In Los Angeles

Jaunt, a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. The funding came from Burbank-based Th...

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September 18th,2015

Portfolium Picks Up $1.2M To Showcase Students To Employers

San Diego-based ...

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September 18th,2015

Seedling Debuts New Comic Strip App

Los Angeles-based toy and kids' activity provider Seedling said Thursday that it has launched a new product, a new mobile app called Seedling Comic Studio, which helps kids create their own original comic strips. Seedling said the product i...

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September 16th,2015

Amplify.LA, TenOneTen See Exit At Mapsense, As Apple Picks Up Mapping Company

Los Angeles-based startup accelerator Amplify.LA and local Los Angeles venture investment firm TenOneTen Ventures have both scored an exit, at mapping visualization technology developer Mapsense. According to multiple reports, Mapsense was...

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September 16th,2015

HelloTech Gets $12.5M

Los Angeles-based HelloTech, the in-home, IT and technology help service founded by tech veteran Richard Wolpert, has raised $12.5M in a new funding round. The funding was led by Madrona Venture Group, and also included Upfront Ventures, Cr...

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September 16th,2015

Moviepilot Raises $16M In Series B Funding

Moviepilot, the movie and entertainment website led by Tobi Bauckhage, has raised $16M to help the company expand into gaming content and social video. According to Moviepilot, the funding was led by French publisher Webedia, and also inclu...

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September 16th,2015

Hyperloop Technologies Names CEO, Looks To Raise $80M

Los Angeles-based Hyperloop Technologies, one of the companies looking to bring Elon Musk's concept of the Hyperloop, high speed transportation technology to life, has named Rob Lloyd as its new CEO. Lloyd was most recently President of Cis...

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September 16th,2015

Hercules Technology Growth Capital Opens Southern California Office

Hercules Technology Growth Capital, a venture debt financing company that serves the venture capital-backed startup market, said today that it is expanding into Southern California. According to the company, it has opened up a Los Angeles o...

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September 15th,2015

Local ID Signs Up Long List Of Brand Name Clients

Los Angeles-based Local ID, the startup which develops local store marketing technology for brick-and-mortar brands, released a long list of brand name clients this morning, including Jersey Mike's, Drybar, Pinkberry, Rubio's Coastal Grill ...

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September 14th,2015

Avalon Ventures Gets Commitments Of $103M In New, $300M Fund

La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. The filing indicates that, so far, the fund has 26 investors in the first sale....

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September 10th,2015

Upfront Ventures In New Funding For thredUP

Los Angeles-based venture capital investor Upfront Ventures ‭is one of the participants in a new funding for online used clothing marketplace thredUP, which announced a big $81M funding today. thredUP said this morning that the $81M, ...

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September 10th,2015

Interview with Alexander Israel, Co-founder of ParkMe

Santa Monica-based parking data and mobile app developer ParkMe (www.parkme.com) was just acquired this morning by traffic and telematics giant Inrix. We caught up with co-founder and COO Alexander Israel late yesterday, ahead of the announ...

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September 10th,2015

ParkMe Acquired By INRIX

Santa Monica-based parking information provider ParkMe, which was founded by Sam Friedman and Alexander Israel, has been acquired by traffic information provider INRIX, the two announced this morning. Financial details of the acquisition we...

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September 9th,2015

Cool Planet Gets More Funding

Cool Planet, the startup which is developing technology that converts carbon dioxide into an agricultural soil amendment, announced this morning that it has raised an additional financing round. The company--which was started in Camarillo, ...

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September 9th,2015

KFx Sues Arthrex For Patent Infringement, Again

San Diego-based medical device manufacturer KFx Medical, whichi s venture backed by Alloy Ventures, Charter Life Sciences, Arboretum Ventures, Montreux Equity Partners, and MB Venture Partners, has filed a lawsuit again, against Arthrex. K...

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September 8th,2015

SetPoint Medical Raises $15M

Valencia, California-based SetPoint Medical, which is developing medical devices for treating inflammatory diseases, said this morning that it has raised $15M in a Series C1 funding round. The funding came from an un-named, sstrategic inves...

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September 4th,2015

Aquesys Acquired By Allergan In $300M Deal

Aliso Viejo-based Aquesys, which was developing medical devices for treating glaucoma, has been acquired by Allergan for $300M in cash upfront plus additional payments based on milestones. Aquesys develops ocular implants which reduce intra...

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September 4th,2015

CytomX Therapeutics, Founded At UCSB, Queues Up For IPO

CytomX Therapeutics, a biotech startup which was founded by UC Santa Barbara professor Patrick Daugherty, and which has a significant number of Southern California angel investors, filed for an IPO last week, saying that it is looking to ra...

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September 2nd,2015

Invoca Trumpets Enterprise Growth

Santa Barbara-based Invoca, the developer of call tracking software for the lead generation market, said this week that it has seen what it says is record growth in enterprise customers. The company did not disclose any finances, but said i...

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September 2nd,2015

Mobcrush Takes $11M For Mobile Game Streaming

Santa Monica-based live game streaming startup Mobcrush has raised $11M in a Series A round, the company said Tuesday. The startup--led by Royce Disini--said the funding round was le dby Kleiner Perkins Caufield & Byers, and also included R...

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September 1st,2015

Whisper Names Sales VP

Venice, California-based anonymous messaging app developer Whisper said Tuesday that it has named Shelby Huston Haro as the company's Vice President of Sales. Haro is from the entertainment industry, and has served at Maverik Digital, GetGl...

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September 1st,2015

ZEFR Names Product Head

Venice, California-based ZEFR, the content monetization and protection provider, said this morning that it has named Tom Furukawa as its new Head of Product. Furukawa has previously worked for Yahoo!, The Enthusiast Network, Kelly Blue Book...

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August 31st,2015

Water Planet Raises Series B Funding

Los Angeles-based Water Planet, which develops water treatment membranes, said today that it has raised a new, Series B funding round. Size of the funding was not disclosed. Water Planet said the investment came from Air Liquide's ALIAD Cor...

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August 31st,2015

Hulu To Carry Epix After Netflix Falling Out

Los Angeles-based streaming television site Hulu scored a major win this weekend, and has inked a deal with television network Epix, after Netflix said it would not renew and existing deal with Epix for its content. Epix--known for its Holl...

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August 28th,2015

Siemer Summit 2015 Announced, Tim Draper To Keynote

The Siemer Summit, the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm. According to Siemer & Associates, this ...

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August 27th,2015

Cornerstone OnDemand Invests In Four Companies

Santa Monica-based Cornerstone OnDemand, the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. The investments went to One Month, wh...

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August 26th,2015

BCG Digital Ventures Sets Up Shop In Manhattan Beach

BCG Digital Ventures, a venture investment and incubation company, said today that it has opened up a new headquarters in Manhattan Beach, which it also hopes to share with startups it is incubating. The company says its global Innovation a...

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August 26th,2015

ReShape Medical Raises $38M For Weight Loss Medical Device

San Clemente-based ReShape Medical, which develops a non-surgical, weight loss device, said today that it has raised $38M in a Series D funding round. The funding was led by HealthCor Partners Management, L.P., and also included Endeavor Vi...

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August 26th,2015

HelloTech Nears $10M Round, Says Report

Los Angeles-based HelloTech, the in-home, information technology support service led by Richard Wolpert, is close to closing a $10M, Series A funding round, according to reports. The funding is reportedly led by Madrona Venture Group. Hello...

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August 25th,2015

Conversion Logic Names Product Head

Los Angeles-based Conversion Logic, the marketing attribution technology startup backed by Rincon Venture Partners, Crosscut Ventures, Lerer Hippeau Ventures, TenOneTen, Founder Collective and Raptor Ventures, said today that it has named D...

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August 20th,2015

Rustic Canyon Re-Ups On Cancer Portal Developer

Los Angeles-based venture investor Rustic Canyon Partners has re-upped on an investment in cancer portal developer Navigating Cancer, in a new, $10M investment. Navigating Cancer--which is based in Seattle--develops web-based portal softwar...

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August 20th,2015

Kyriba: More Than 1,000 Clients Worldwide

San Diego-based Kyriba, the venture-backed company which develops cloud-based software for treasury management, reported Wednesday that it now has more than 1,000 clients worldwide, with more than 45,000 users. Kyriba said that it added nea...

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August 19th,2015

The Retail Equation Acquired By Appriss

Irvine-based The Retail Equation, a venture-backed startup developing tools used for retail analytics and predictive modeling, has been acquired by Appriss, a provider of data, risk, and analytics software Financial terms of the buy were no...

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August 18th,2015

GumGum Names Sales VP

Santa Monica-based GumGum, which operates an online digital advertising platform aimed at visual content, said Tuesday that it has named John Weisgerber as its new Senior Vice President of Sales. Weisgerber was most recently at Hearst Corp....

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August 18th,2015

Peach Raises $8M To Expand Beyond San Diego, Seattle

Lunch delivery service Peach, which provides office dwellers in San Diego and Seattle with an algorithm-driven, curated lunch service, is expanding beyond its two initial markets, into Boston and DC, thanks to a new $8M funding round. Peach...

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August 18th,2015

Freudenberg Medical Buys Hemoteq AG

Carpinteria-based Freudenberg Medical, which develops minimally invasive devices for the medical device and pharmaceutical industry, announced this morning that it has acquired the majority of German medical product developer Hemoteq AG. He...

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August 17th,2015

YourMechanic Expands On Demand Mechanic Service To LA

YourMechanic, a venture-backed, Silicon Valley on-demand service for finding a mobile mechanic, said today that it has launched into Los Angeles. According to the startup--backed by Andreessen Horowitz, SoftBank Capital, Lerer Hippeau Ventu...

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August 17th,2015

Group: Soylent Contains High Level Of Lead, Cadmium

A non-profit, environmental group, As You Sow, says that Los Angeles-based food replacement startup Soylent contains high levels of lead and cadmium--and said it plans to file legal action against the company. As You Sow said it has tested ...

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August 17th,2015

Airbitz Raises $450K From New LA Investor, Block26

San Diego-based Airbitz, a developer of Bitcoin-based mobile wallet software, has raised $450,000 in a funding round, part of an ongoing $1.25M round for the company, the company announced recently. The funding came from Block26, a new, Los...

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August 14th,2015

The Honest Company Raises $100M In Series D

Santa Monica-based The Honest Company, which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. The funding round came from Glade Brook...

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August 13th,2015

Vinny Smith's Toba Capital Backs WSO2

Irvine-based Toba Capital, the venture investment firm founded by Quest Software founder Vinny Smith, has made an investment in open source application development software developer WSO2. WSO2, which is based in Palo Alto, said it raised $...

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August 11th,2015

PatientSafe Solutions Names CFO

San Diego-based PatientSafe Solutions, which develops mobile healthcare software, said Tuesday that it has named Balaji Sekar as its Chief Financial OFficer. Sekar was most recently interim CFO for Sutherland Global Services, ahd had worked...

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August 10th,2015

Prevoty Links Into Splunk

Los Angeles-based application security monitoring software developer Prevoty announced Monday that it has launched a new software tool for Splunk. Prevoty--which is venture backed by US Venture Partners, Plus Capital, Double M Capital, Core...

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August 7th,2015

JenaValve Gets $26.5M for Aorta Repair Device

Irvine-based JenaValve Technology, which is developing transcatheter aortic valve repair (TAVR) systems for the treatment of aortic valve disease, said this morning that it has raised $26.5M in a Series C funding round. The funding was led ...

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August 6th,2015

Metacrine Raises $36M

San Diego-based Metacrine, a biotechnology company which is targeting the treatment of metabolic disease, says it has raised $36M in a Series A funding. The funding came from Arch Venture Partners, EcoR1 Capital, Polaris Partners and venBio...

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August 6th,2015

Pluto TV Names Spotify's Parks As Chairman

Los Angeles-based Pluto TV, the Internet television service startup backed by USVP, Sky, United Talent Agency, Terry Semel, Great Oaks Venture Capital, Chicago Ventures, Luminari Capital, said Wednesday that it has named Ken Parks as Execut...

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August 4th,2015

Local ID Boosts Executive Ranks

Los Angeles-based Local ID has named two new executives, the company said today, as it uses its recent seed funding to boost its executive ranks. Local ID said it has named Mahesh Angadi as Chief Product Officer and Franklyn Farace as its C...

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August 4th,2015

Seriously Finds $18M For Mobile Games

Venice, California- and Helsinki, Finland-based mobile game developer Seriously, the developer behind the title Best Fiends, has raised $18M in a venture funding round, the company said this morning. The Series A funding round was led by N...

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August 3rd,2015

Soylent Launches New Product With Soylent 2.0

Los Angeles-based Soylent, the startup which is looking to replace food and eating with an all-inclusive drink that contains 100 percent of the nutrients a human needs without the need for actually eating food, has rolled out a new version ...

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July 31st,2015

Jukin Media Snags $2M From Samsung

Los Angeles-based Jukin Media, the viral, user-generated video clearing house, has raised $2M in a funding round from Samsung Venture Investment Corporation, according to the company. Jukin said it will use the funding to give it "financial...

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July 30th,2015

How Heal Is Enabling On-Demand Doctor's Housecalls, with Dr. Renee Dua

Anyone who has ever had to try to schedule an appointment to see the doctor know how much of a hassle it is to get those appointments set up, take time out of work to get you or or you family to those appointments, and sit in a waiting room...

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July 23rd,2015

Events.com Raises New Funding, Buys EventsOnline

San Diego-based Events.com, the startup led by Gregg Parise which helps event organizers with their events and event registration, has raised a new funding round, and acquired EventsOnline. EventsOnline is a provider of registration for the...

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July 23rd,2015

Prevoty Adds AlienVault CTO To Board

Los Angeles-based Prevoty said this morning that it has named Roger Thornton, the Chief Technology Officer at Alienvault, to its board of directors. Thornton is also the founder of Fortify Software, which he sold to HP in 2010. Prevoty deve...

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July 22nd,2015

William Morris Gets Exit At Chaotic Moon

Beverly Hills-based William Morris Endeavor, the talent agency and sometime investor in technology startups, has seen an exit out of its venture activity this morning, over at Chaotic Moon. Chaotic Moon and Accenture said this morning that ...

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July 20th,2015

Flipagram: Using Photos And Music To Create A Viral Machine, with Farhad Mohit

Los Angeles-based Flipagram (www.flipagram.com) has created a potent and wildly viral mobile app, which combines photos, music, and video to create addictive, engaging mini slideshows of your life. The company recently raised $70M in fundin...

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July 15th,2015

Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. ...

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July 15th,2015

ZestFinance Launches Unsecured Personal Loans

Los Angeles-based Zest Finance, one of the area's growing number of financial technology (fintech) startups, said today that it ha launched a new product, to offer up unsecured, personal loans to middle class Americans. ZestFinance said its...

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July 14th,2015

Avalon Ventures Leads Round In AeroFS

San Diego-based venture investor Avalon Ventures is the lead investor in a new, $10M funding round for AeroFS, a developer of private cloud collaboration software. AeroFS said the Series B funding also included NHN Investment. Avalon's Rich...

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July 13th,2015

CardiAQ Acquired By Edwards Lifesciences For $400M

Irvine-based CardiAQ has agreed to be acquired by Edwards Lifesciences, in a deal worth up to $400M, the two companies said this morning. Edwards Lifesciences said it would pay $350M in cash plus up to $50M in earnout for CardiAQ, which was...

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July 13th,2015

Epic Sciences Names Board Member

San Diego-based Epic Sciences has named Gregory C. Critchfield to its board of directors, the company said this morning. Critchfield is the chairman, president and CEO of Sera Prognostics, and also has was previously President of Myriad Gen...

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July 9th,2015

Shift Technologies Targets Los Angeles With Car Buying Service

Shift Technologies, a venture backed startup which has received funding from DFJ, Highland Capital, and others, is extending its efforts into Los Angeles, after launching in San Francisco. Shift Technologies said it has recently opened up o...

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July 9th,2015

NantBioScience, Sorrento Therapeutics Launch $100M JV

Los Angeles-based NantBioScience and San Diego-based Sorrento Therapeutics announced this morning that the two have launched a new, joint venture, aimed at small molecule treatments for cancer. The two said they will invest $100M in the new...

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July 7th,2015

Helio Back From The Dead

Helio, one of Southern California's biggest telecom startup disasters, is back from the dead, and is looking to offer up its prepaid wireless services again, according to the company's website. According to Helio, it will offer up $29 a mon...

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July 7th,2015

WhipClip Finds $40M More

Los Angeles-based WhipClip, the mobile television clip sharing app developer led by serial entrepreneur Richard Rosenblatt, said today that it has raised $40M in a Series C funding round. The funding was led by Eminence Capital, and also in...

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July 6th,2015

Versant Ventures Gets Exit At Oculeve

San Diego-based venture investor Versant Ventures has scored an exit out of its portfolio, with the acquisition of Oculeve, a medical device developer developing treatments for dry eye disease. Oculeve was acquired for $125M plus earnout by...

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July 2nd,2015

Pluto.TV Inks Deals For Content From Hulu, Jukin, Others

Los Angeles-based streaming media site Pluto TV has inked a deal to stream free content from Hulu, Jukin Media, and a number of others, to bolster the content lineup for the service. Financial details of the various deals were not announced...

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July 2nd,2015

Rocket Lab Sets Up Orbital Launch Site

Los Angeles-based Rocket Lab, a venture-backed startup which is developing commercial launch vehicles specifically aimed at delivering small satellites into space, said it has set up an orbital launch site. The company said it plans to buil...

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June 30th,2015

Inari Medical Finds $12.4M

Irvine-based medical device developer Inari Medical has raised $12.4M in a Series B funding, the company announced this morning, for its efforts to develop medical devices for the vascular thrombus and emboli. The funding came from Versant ...

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June 26th,2015

Prevoty Launches New Products For Java, .NET

Los Angeles-based Prevoty, a developer of enterprise security tools, said Thursday that it has rolled out two new products, which plug into apps running on Java and .NET. Prevoty, which is venture backed by US Venture Partners, Plus Capital...

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June 25th,2015

Curbside Plans Expansion To SoCal With On Demand Pickup Service,

On-demand pickup service Curbside, which develops a mobile, on-demand app and associated service that lets users buy products from retailers such as Target and Best Buy, and pick them up later that day, is planning to expand to Southern Cal...

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June 25th,2015

Crosscut Ventures: Tapping Into The Promise of Silicon Beach, with Brian Garrett

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particu...

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June 24th,2015

Core Innovation Capital Aims At $75M Fintech Fund

Los Angeles-based fintech venture capital investor Core Innovation Capital has launched an effort to raise a second fund, Core Innovation Capital II, according to regulatory documents filed by the investor. Core Innovation--led by Arjan Sch...

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June 24th,2015

Avalon Ventures Backs Indix For E-Commerce Product Data

San Diego-based venture investor Avalon Ventures has re-upped its investment in product database provider Indix, as part of a $15M Series B funding. Indix has a giant database of detailed specifications and details of all kinds of products,...

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June 24th,2015

New Matter Starts Shipping Low Cost, Consumer 3D Printer

Pasadena-based New Matter, the Idealab-backed startup developing affordable, consumer 3D printers, has begun shipping production units of its devices, the company said this morning. The company says its Mod-t 3D printers are now in producti...

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June 23rd,2015

CrossCut Ventures Raises New, $75M Venture Fund

Venice, California-base CrossCut Ventures, one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Managing Directors of the new fund are Rick Smith, B...

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June 22nd,2015

Finistere Ventures Backs CropX For Smart Watering Software

San Diego-based venture investor Finistere Ventures is leading a new investment in CropX, which maps out irrigation patterns in farmer's fields to optimize irrigation of crops. According to CropX--which was started by scientists in Israel a...

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June 19th,2015

MINDBODY Prices IPO, Starts Trading Today

San Luis Obispo-based MINDBODY priced its IPO last night at $14.00 per share, at the midpoint of its initial estimated trading range of $13.00 to $15.00 per share. MINDBODY said it will sell 7,150,000 shares of its common stock, and will be...

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June 19th,2015

Cynvenio Links With Cure Forward

Westlake Village-based Cynvenio Biosystems said Thursday that it has linked with Cure Forward, a provider of web-based paltforms for patients to share genetic testing results, to help cancer patients with their treatments. According to the ...

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June 18th,2015

KFx Medical Gets $35M From Patent Infringement Suit

San Diego-based KFx Medical said late Wednesday that it has received $35M in a payment, related to the company's patent infringement suite against Arthrex. The payment is related to a jury award which found that Arthrex had infringed upon a...

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June 17th,2015

Cynvenio Biosystems Finds $25.5M More For Cancer Diagnostics

Westlake Village-based Cynvenio Biosystems said Wednesday that it has raised $25.5M in a Series B funding round. The developer of life sciences equipment, used to profile cancer cells circulating in whole blood, came from Livzon Pharmaceuti...

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June 16th,2015

California Technology Ventures Backs CyMedica Orthopedics

Pasadena-based venture investor California Technology Ventures has put its funding behind a medical device maker, which is trying to prevent muscle atrophy after orthopedic surgery. According to Scottsdale, Arizona-based CyMedica Orthopedic...

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June 16th,2015

ServiceTitan Scores $18M For Home Services Management Software

Glendale-based ServiceTitan, a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. The funding was led by Bessemer Venture Partners, and also included I2BF Digital, Mucke...

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June 12th,2015

Ad Tech Falls Out Of Favor, Says Report

Venture capitalists, who once were pouring money into the advertising technology area, have shut off the spigot for ad tech--according to an article in the WSJ this week. Ad tech companies, once the darling of Sand Hill Road, are having a h...

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June 11th,2015

Ouya Near Sale, Says Reports

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer, according to reports. Those reports peg the sale price to be around $10M for Ouya, which had developed an An...

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June 10th,2015

Local ID Lands $1.9M

Los Angeles-based Local ID, a new startup that is looking to help retail and restaurant brands to improve their local store marketing efforts, has raised $1.9M in a seed funding round, the company said today. The funding was led by Crosscut...

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June 10th,2015

Lee Schneider: How Los Angeles Became A Startup Town

Lee Schneider is the author of a new book, Chronicle of a Startup Town: Los Angeles, which delves into the people and reasons on why Los Angeles has become one of the epicenters of the startup and technology industry. The book--which was ...

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June 9th,2015

Illumina Backs Twist Bioscience

San Diego-based life sciences equipment maker Illumina is the lead investor in San Francisco-based Twist Bioscience, a developer of a synthetic DNA manufacturing technology. Twist Bioscience said it raised $37M in a Series C, led by Illumin...

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June 9th,2015

RealtyMogul.com Finances Property In Oregon

Los Angeles-based online real estate marketplace RealtyMogul.com annnounced its first deal in Oregon yesterday, saying it has financed a 74-unit, multifamily property near Portland, Oregon. RealtyMogul.com said the project sponsor, Trion Pr...

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June 8th,2015

Mindbody Moves Closer To IPO, Sets IPO Trading Range

San Luis Obispo-based Mindbody, which provides software-as-a-service that helps spas, yoga, and other health and wellness businesses to manage their appointments and clients, has set its IPO trading range, indicating a move closer to an IPO...

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June 2nd,2015

Instantly Names New VP

Los Angeles-based Instantly, which develops automated sampling and market research tools, said Tuesday that it has named Jim Collins as its Executive Vice President of Instantly Audiences. Collins was most recently CEO of Sycamore Canyon St...

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June 1st,2015

Catching Up With Dave Hagan, Boingo

Los Angeles-based Boingo (www.boingo.com) is one of longest standing Internet companies. The company recently moved into brand new, 50,000 square foot headquarters in Westwood, so we thought it would be great to catch up with Boingo CEO, ...

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May 29th,2015

TigerText Signs Chicago Customer

Santa Monica-based secure messaging app developer TigerText, which provides secured text messaging for the enterprise and healthcare markets, has signed up a customer in Chicago. TigerText said that Chicago Cardiology Institute (CCI), which...

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May 28th,2015

HelloTech: On Demand, In-Home Tech Support Via College Students Near You

Almost everyone of a technical bent in the technology industry is familiar with that old routine: your parents, your friends, and your neighbors inevitably calls you for free technical support. However, almost no one really wants to be th...

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May 28th,2015

Kareo Names Chief People Officer

Irvine-based Kareo said Wednesday that it has hired on Pam Perry as the company's new Chief People Offier. Perry was most recently Vice President of Human Resources at Appriss, and also has served at Internet Technology Corp, CB Richard Ell...

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May 26th,2015

Enervee Raises $3.7M For Energy Smart Consumer Purchases

Santa Monica-based Enervee, which provides an online platform collecting energy consumption information on appliances and other products, is announcing this morning that it has raised $3.7M in a Series A funding round. The funding was led b...

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May 22nd,2015

Core Innovation Capital Backs Ripple Labs

Los Angeles-based fintech venture investor Core Innovation Capital has made another investment, this time in San Francisco-based payment technology developer Ripple Labs. Ripple announced the investment earlier this week, saying it had rai...

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May 20th,2015

SV Angel's David Lee Resigns To Spend More Time In LA

Venture capitalist David Lee, who was Managing Partner of seed and angel investing fund SV Angel, one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its L...

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May 20th,2015

March Capital Partners Leads $30M Investment In Coho Data

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a new, $30M investment in Coho Data, a developer of high performance, flash-based storage. Coho said that March led the Series C funding, a round whi...

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May 19th,2015

AppFolio Files For IPO

Goleta-based AppFolio has filed for an IPO, saying in a filing that it is hoping to raise up to $100M on the NASDAQ Global Market as APPF. The IPO is being underwritten by Morgan Stanley, Credit Suisse, Pacific Crest Securities, and William...

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May 19th,2015

Karma Creates New Trust Score For Peer Marketplaces, Backed By $800K

A new, Los Angeles-based startup, Karma, said today that it has launched out of private beta, to help create a global "Karma Score" to rank a user's trust and reliability in peer-to-peer marketplaces. The startup, led by Zach Schiff-Abram,...

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May 19th,2015

Mobcrush Gets $4.9M For Live Mobile Game Streaming

Santa Monica-based Mobcrush, a new startup which wants to allow mobile users to broadcast, watch, and chat about video games as they are playing them, has raised $4.9M in a seed funding round. The company said the funding came from Raine Ve...

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May 18th,2015

Mucker Capital Starts Fundraising On New Fund, Mucker III

Santa Monica-based Mucker Capital, the seed stage investment fund led by Erik Rannala and William Hsu, has just booted up fundraising efforts for the group's third venture capital fund, Mucker III, L.P. The fundraising effort was first disc...

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May 18th,2015

AssetAvenue Names Chief Investment Officer

Los Angeles-based online, commercial real estate loan marketplace AssetAvenue announced this morning that it has named Varun Pathria as the company's new Chief Investment Officer. Pathria joins the company from Colony Capital, where he was ...

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May 15th,2015

Drizly Expands On-Demand Beer, Wine To Orange County

Drizly, a provider of on-demand delivery of beer, wine and liquor ("Uber for beer"), said Thursday that it has expanded its services to Southern California, starting with Orange County. Drizly said it will deliver a selection of beer, wine...

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May 15th,2015

SHIFT Acquired By Brand Networks For $50M

Los Angeles-based SHIFT, the social advertising startup led by James Borow, has been acquired by Boston-based Brand Networks, in a deal worth $50M. According to Brand Networks, it paid $50M in cash and stock for SHIFT, and will appoint Boro...

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May 14th,2015

Core Innovation Capital Backs Vouch For Social Lending

Los Angeles-based venture investor Core Innovation Capital is one of the lead companies in a Series A investment in Vouch, a consumer lending startup which offers up consumer loans based on if a users' social network will "vouch" for that...

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May 13th,2015

Silversheet Gets $2.9M To Streamline Doctor Credentialing

Los Angeles-based Silversheet, led by serial entrepreneur Miles Beckett, said Wednesday that it has raised $2.9M in a funding round, to go towards its service for credentialing doctors at local hospitals. The startup said the funding came f...

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May 13th,2015

aTyr Pharma Closes IPO

San Diego-based aTyr Pharma said Tuesday afternoon that it has closed its initial public offering. the company sold 6,164,000 shraes of its common stock at $14.00 per share, raising $86.25M for the company. The company is now trading on the...

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May 12th,2015

FreedomPop Plans Expansion In UK

Los Angeles-based FreedomPop, the free mobile broadband provider backed by DCM, Atomico, and Mangrove Partners, is planning to expand to the United Kingdom in the summer, the company disclosed Tuesday. FreedomPop is led by Stephen Stokols, ...

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May 12th,2015

Glaukos Files For IPO

Laguna Hills-based Glaukos, which is developing a medical device to treat glaucoma, has filed for an IPO. According to Glaukos, it is looking to raised up to $86.25M in an IPO oon the New York Stock Exchange, under the symbol GKOS. The IPO ...

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May 12th,2015

Mindbody Files For IPO

San Luis Obispo-based Mindbody has filed for an IPO, saying in an SEC filing that it is looking to raise up to $100M on the public markets. The startup, led by Rick Stollmeyer, has yet to select an exchange, but says it has applied to list ...

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May 11th,2015

Rowl Acquires Open Me

Santa Monica-based event discovery app startup Rowl said Monday that it has acquired Open Me, a company which provides e-greeting cards and birthday and holiday reminders. Rowl said it paid $6M, consisting of 10 million shares of its common...

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May 11th,2015

WiSpry Acquired By Hong Kong Company

Irvine-based RF semiconductor developer WiSpry has been acquired by a Hong Kong-based electronics manufacturer, AAC Technologies, the two said this morning. Financial terms of the acquisition were not disclosed. WiSpry is a developer of tun...

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May 7th,2015

aTyr Pharma Debuts In IPO Today

San Diego-based biotech developeraTyr Pharma is debuting in its IPO this morning, after pricing its IPO at $14.00 per share last night. the company will trade as LIFE on the NASDAQ Global Market starting this morning. The company raised $75...

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May 7th,2015

ShipHawk Names New Sales Exec

Santa Barbara-based ShipHawk, the online marketplace for packing and shipping, said today that it has appointed Erica Deas to its sales team. Deas was previously Senior Director of Mid-Market Sales at Tapjoy. ShipHawk said Deas will take ov...

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May 6th,2015

Qualcomm Backs Cubic Telecom With New Investment

San Diego-based Qualcomm is leading an investment in an Irish developer of machine-to-machine (M2M) tools, as one of the two major investors in the latest investment round in Cubic Telecom. Cubic Telecom said it raised EUR18 in a round from...

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May 5th,2015

Tocagen Adds Venture Capitalist To Board

San Diego-based cancer therapeutics developer Tocagen said this morning that it has added David R. Parkinson, M.D., a venture partner at New Enterprise Associates, to its board of directors. Parkinson has also previously been at Amgen and N...

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May 4th,2015

NeuroVigil Finds More Funding

La Jolla-based NeuroVigil, a developer of brain monitoring tools and technology, said it has received a second financing round. Size of the funding was not disclosed. According to the company, the round was led by Howard Morgan, and also in...

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May 4th,2015

Launch Media's David Goldberg Passes Away

David Goldberg, who had founded LA's Launch Media, has passed away suddenly, while on vacation. Goldberg was 47. Goldberg had been serving as CEO of SurveyMonkey in Silicon Valley, and was married to Facebook CEO Sheryl Sandberg. Goldberg h...

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April 29th,2015

Once High Flying Ouya On Block, Says Reports

Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The report, from Fortune, says that Mesa Global is managing the sa...

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April 27th,2015

Predixion Software Snags Series D

Aliso Viejo-based Predixion Software announced this morning that it has raised a Series D funding round. Size of the round was not announced. The developer of cloud-based, predictive analytics software said the round was led by Software AG,...

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April 27th,2015

Quanticel Pharmaceuticals Acquired By Celgene

San Diego- and San Francisco-based Quanticel Pharmaceuticals has been acquired Celgene, in a deal worth $100M in cash plus up to $385M in earn out. Celgene said the deal gives it access to Quanticel's proprietary platform for the single-cel...

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April 24th,2015

How ScoreStream Is Crowdsourcing Its Way Into High School Sports Media

In the world of sports, getting high school sports scores have always been an issue for local media, such as newspapers and television stations. In the age of the smartphone and social sharing, San Diego-based ScoreStream (www.scorestream.c...

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April 24th,2015

Instantly Taps Bourque As GM

Los Angeles-based Instant.ly, which is backed by Greycroft, Openview Venture Partners, DFJ Frontier, and DuPont Capital, has tapped startup veteran Carla Bourque as its new General Manager, Automated Sample, the company recently announced. ...

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April 22nd,2015

ZIRX Finds $30M To Expand Valet Parking Service

ZIRX, the on-demand valet parking service which launched into Los Angeles in November, said today that it has raised $30M more to continue on its expansion. The funding was led by Bessemer Venture Partners, and also included Norwest Venture...

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April 21st,2015

Upfront Ventures Re-Ups On Appointment Booking Site MyTime

Los Angeles-based venture investor Upfront Ventures has lead another round in San Francisco-based online appointment booking site MyTime, as part of a $9.25M Series B. MyTime said that the funding round was led by Upfront Ventures, and als...

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April 21st,2015

Kareo Rolls Out Updated Software

Irvine-based medical practice management software developer Kareo, led by Dan Rodrigues, said Tuesday that it has launched the next generation of its cloud-based software for outsourced billing. The company said its Kareo Medical Billing no...

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April 21st,2015

Campus Steps Gets $3M

Santa Monica-based Campus Steps, a new startup aimed at college counseling, said this morning that it has raised $3M in a funding round. The funding included $2M in a strategic investment and $1M in a venture commitment, according to the co...

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April 17th,2015

Bitium Rolls Out In Google Apps Marketplace

Santa Monica-based Bitium, the developer of identity and access management software led by Scott Kriz, has rolled out its products in the Google Apps Marketplace, the company said Thursday. Bitium said its products are tightly integrated an...

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April 17th,2015

Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

Southern California saw a staggering $1.9 billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report, which was released this evening, The ...

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April 16th,2015

Procore Technologies Finds $30M For Construction Project Management Software

Carpinteria-based Procore, the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also inc...

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April 15th,2015

Acorns Finds $23M To Turn Spare Change Into Stock Portfolios

Wish you could turn your spare change into a stock portfolio? Well, apparently, you can--thanks to Newport Beach-based Acorns, a new startup which said today that it has raised $23M in a Series C funding round. Acorns offers up iOS, Android...

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April 15th,2015

Karlin Ventures Looks To Help Develop LA's Rising Tech Leaders With Program

Los Angeles-based venture capital investor Karlin Ventures is hoping to help develop rising, technology executives--particularly those at the VP level--with a new program it is launching today called Karlin Fellows. According to the firm, t...

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April 14th,2015

Rocket Lab: We're Creating A Battery Powered Rocket

Los Angeles- and New Zealand-based aerospace startup Rocket Lab has unveiled its approach to delivering small satellites into space: new, battery powered rockets. The startup--which is backed by Khosla Ventures, K1W1, Bessemer Venture Partn...

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April 13th,2015

Events.com: Creating A New Events Management Software Giant, with Gregg Parise

Is the world ready for another event management software provider? San Diego's Events.com (www.events.com) thinks so, saying it is prepared to create a new platform—built in the social and mobile age—designed to help manage all kinds of e...

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April 9th,2015

Conversion Logic Gets $4M For Media Attribution Software

Los Angeles-based Conversion Logic, a new startup in the cross-channel, media attribution area, said Wednesday that it has raised $4M in a seed funding round. The funding was led by Rincon Venture Partners, and also included Crosscut Ventur...

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April 7th,2015

Dreamhost, Rincon Back Akanda's OpenStack Efforts

A couple of Southern California investors--Los Angeles-based DreamHost and Rincon Venture Partners--have backed a new OpenStack software startup called Akanda. Akanda announced Monday that it has raised a round of seed funding, from New Dre...

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April 7th,2015

aTyr Pharma Files For IPO

San Diego-based biopharmacetuicals firm aTyr Pharma has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $86.25M in an public offering on the NASDAQ Global Market as LIFE. The company's IPO is being underw...

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April 6th,2015

AllSay: Using Mobile Apps To Engage Users With Decisions, with Geoff Campbell

How do you combine the world of online and mobile apps with the world of community and political decisions and discourse? Geoff Campbell, the founder of Los Angeles-based AllSay (www.allsay.com), talked to us about how he's trying to comb...

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April 6th,2015

ChowNow Connects Into Google Wallet

Los Angeles-based online ordering and marketing software developer ChowNow, which is led by Chris Webb, said this morning that it has partnered with Google to add support for Google Wallet to its platform. ChowNow said it has updated all of...

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April 3rd,2015

Qualcomm Ventures Sweetens Pot In QPrize Competition

San Diego-based Qualcomm said Thursday that it is doubling the size of its QPrize annual investment funding competition, and will now award $250,000 in convertible note financing to regional winners, with an additional $250,000 to grand pri...

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April 2nd,2015

Qualcomm Invests In Tapingo

San Diego wireless company Qualcomm is the lead investor in a round for Tapingo, a developer of a mobile ordering app for restaurants, Tapingo said Thursday. Tapingo said it has raised $22M in a Series C funding, which was led by Qualcomm's...

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April 1st,2015

Rubicon Project Buys Chango For $122M

Los Angeles-based advertising technology provider Rubicon Project said late Tuesday that it is buying Chango, a Canadian provider of Internet marketing software. Rubicon Project said it will pay approximately $122M for Chango, primarily in ...

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April 1st,2015

aTyr Pharma Finds $76M

San Diego-based biopharmaceuticals developer aTyr Pharma has raised a big, $76M Series E funding round, the company said late Tuesday. According to aTyr, the funding as led by Sofinnova Ventures and an un-named, large institutional investor...

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March 31st,2015

Correlation Ventures Seeks New, $170M Fund

San Diego-based venture capital investor Correlation Ventures is looking to raise a second fund, Correlation Ventures II, worth $170M, according to a regulatory filing by the firm today. According to the filing, the venture firm has yet to ...

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March 27th,2015

Superior Water Gets Funding From METRIX

Orange County-based water disinfection equipment and services company Superior Water Technologies has received a funding round from venture capital investor METRIX Capital Group, the two said Thursday. Size of the equity funding was not dis...

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March 26th,2015

ChowNow Chomps Down On $10M For Restaurant Ordering Systems

Los Angeles-based ChowNow, the developer of online ordering and marketing systems for the restaurant market, has raised $10M in a funding round, the company said this morning. ChowNow said the new funding round was led by Upfront Ventures, ...

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March 26th,2015

WhipClip, Founded By Richard Rosenblatt, Debuts App

Santa Monica-based WhipClip, the content discovery startup which was co-founded by former Demand Media founder Richard Rosenblatt, debuted its mobile app today, looking to help users create, share, and find music and television video clips....

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March 26th,2015

Qualcomm Backs Smart Lock Maker August

San Diego-based Qualcomm has made an investment in August, a startup developing Bluetooth-powered, "smart" locks for the home, as part of a $38M funding round. August said yesterday that it has raised $38M in a Series B funding, for its hom...

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March 26th,2015

Soraa Launches PAR20 Lamp

Soraa, the LED lighting company which is using technology developed by UCSB inventor Shuji Nakamura, has rolled out a new LED lamp product in the common PAR20 format. Soraa--which has operations in Goleta, but does its manufacturing in Fre...

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March 26th,2015

CapLinked Inks African Distribution Deal

Los Angeles-based CapLinked, which develops deal management and virtual data room software, said this morning that it has partnered with a company in South Africa. CapLinked said it has partnered with Johannesburg-based communications agenc...

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March 25th,2015

Silicon Valley Venture Capitalist Stevens Gives $50M To USC For Brain Research

Mark Stevens--who made his name as a venture capitalist at Sequoia Capital--along with his wife Mary, have given $50M in a gift to the University of Southern California, to go towards an institute focused on brain rsearch. According to USC ...

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March 25th,2015

ParkMe Expands Data In Hollywood, Venice

Santa Monica-based parking information provider ParkMe said Tuesday that it has expanded the depth of its information in the Los Angeles area, by adding parking information in Hollywood and Venice. According to ParkMe, the expansion comes d...

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March 24th,2015

j2 Global Buys SugarSync

Los Angeles-based j2 Global has acquired the assets of online file backup and sharing service SugarSync, the company said this morning. Financial terms of the buy were not disclosed. j2 said the buy will expand its cloud backup revenues to ...

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March 20th,2015

Rexter Named Part Of Microsoft Accelerator Class

Altadena-based Rexter, the developer of real time contact and relationship management software led by technology veteran Andy Wilson, has been named one of the fourteen companies in the upcoming Microsoft Digital Work Accelerator. Rexter's ...

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March 20th,2015

Interview with Ross Weber, ClickTripz

Los Angeles-based ClickTripz (www.clicktripz.com), is a startup developing ad solutions for travel publishers, and thought we'd learn more, so we spoke with Ross Weber, co-founder and CEO of ClickTripz, to hear more about the company. Ros...

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March 20th,2015

Tastemade: Our Content Better Than Ads

Santa Monica-based food show producer Tastemade, the venture-backed Youtube show developer, said that it has conducted a brand research study, which finds that brands that integrate into content do far better with viewers than those who use...

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March 19th,2015

ParkMe Expands In Brazil

Santa Monica-based ParkMe, the provider of real time parking data and related apps led by Sam Friedman, said Wednesday that it has opened up an office in Brazil, and hired a South American GM. ParkMe said it has hired Mario COutinho as Gene...

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March 17th,2015

XPRIZE Targets Crowd With New Spinoff, HeroX

XPRIZE, the foundation which has been running multi-million dollar prizes aimed at spurring innovation to addresss some of the world's biggest issues, said Tuesday that it has spun out a new company, HeroX, aimed at crowdsourcing solutions ...

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March 17th,2015

WD Completes Amplidata Buy

Irvine-based Western Digital said Monday that it has completed its acquisition of Amplidata, the developer of object-based storage software for the cloud market. The acquisition was made by WD's HGST subsidiary. WD said Amplidata becomes pa...

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March 16th,2015

Core Innovation Capital Backs Honest Dollar

Los Angeles-based venture capital investor Core Innovation Capital is backing a new finance startup, Honest Dollar, which is looking to help small and medium sized businesses start and run retirement plans for their company. Honest Dollar--...

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March 16th,2015

Kutcher, Oseary Launch New Venture Fund, Sound Ventures

Celebrity investor Ashton Kutcher and Guy Oseary, who have been making personal investments in technology companies via A-Grade Investments, said over the weekend as SXSW that they have launched a new, venture capital fund called Sound Vent...

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March 16th,2015

Ceres Signs Ethanol Deal In Brazil

Thousand Oaks-based agricultural biotechnology developer Ceres said this morning that it has inked a deal with Brazilian energy company Raizen S.A., where the two will develop and produce sweet sorghum on an industrial scale. The sorghum wi...

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March 12th,2015

Upfront Ventures Names Pando's Carney As Associate

Los Angeles-based venture capital investor Upfront Ventures has hired technology journalist Michael Carney as an Associate, Pando said Wednesday. Carney had covered technology on the West Coast for Pando. Upfront has been bolstering its rea...

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March 12th,2015

Kura Oncology Finds $60M For Cancer Treatments

La Jolla-based Kura Oncology, a biopharmaceuticals startup focusing on treatments for solid tumors and blood cancers, has raised $60M in a private placement. The company said the funding came from EcoR1 Capital, along with Fidelity Manageme...

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March 11th,2015

Prevoty Picks Up $8M For Secure Application Software

Los Angeles-based Prevoty, a develops of software toolsets used to provide runtime protection of applications, has raised $8M in a Series A funding round, the company said today. The funding was led by US Venture Partners, and also included...

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March 11th,2015

March Capital Partners Backs E8 Security

Santa Monica-based March Capital Partners, the venture capital investment firm led by Jim Armstrong, Sumant Mandal, Gregory Milkin, and Jamie Montgomery, is the lead investor in a new cyber security startup, E8 Security. E8 Security said Tu...

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March 10th,2015

Kareo Buys DoctorBase

Irvine-based Kareo, the developer of cloud-based, medical office management software which is led by Dan Rodrigues, announced today that it has acquired DoctorBase, a developer of medical practice marketing and patient communications softwa...

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March 9th,2015

AltheaDx Drops IPO Plans

San Diego-based molecular diagnostics developer AltheaDX has dropped its plans for an IPO, saying in a SEC filing Monday that it is withdrawing its S-1 and does not plan to pursue its IPO. AltheaDx--which originally filed confidentially for...

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March 9th,2015

Coverhound Raises $14M To Ramp Hiring In Westlake Village

CoverHound, a startup which offers up an online marketplace for auto, motorcycle, home, and renter's insurance, said this morning that it has doubled its space in Southern California, as part of a new funding round for the company. CoverHou...

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March 5th,2015

Total Beauty Acquired By Evolve Media

Los Angeles-based Total Beauty Media Group, the beauty products focused site founded by Emrah Kovacoglu, has been acquired by Evolve Media, and will become part of Evolve's TotallyHer division. Financial terms of the buy were not disclosed....

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March 5th,2015

National Technical Systems Acquires National Quality Assurance

Calabasas-based National Technical Systems, the provider of testing, certification, inspection, and other related services, said this morning that it is acquiring UK-based National Quality Assurance, a provider of ISO testing services. Fina...

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March 4th,2015

Numecent Taps Broadcom Exec As New CEO

Irvine-based Numecent, which develops a cloud-based service to help deliver applications over the web, said it has named former Broadcom executive Tom Lagatta as its new CEO. Lagatta was previously Executive Vice President of Worldwide Sale...

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March 3rd,2015

How Momstamp Is Creating A Referral Network For Moms

If you are a mother, and you need some help with something--say, finding a tutor, or a referral to a service provider--the age-old way to do that is to ask your friends for referrals. However, that process really hasn't taken advantage of t...

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March 3rd,2015

Western Digital Buys Amplidata

Irvine-based Western Digital said this morning that its subsidiary, HGST, has agreed to acquire object storage software developer Amplidata. Financial terms of the acquisition were not disclosed. WD said the move will help the company expan...

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March 2nd,2015

ReachLocal Names Two Executives

Woodland Hills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company's new Chief Strategy Officer, and Megan Opp as the company's new Chief People Officer. Maniar was most recently a venture c...

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March 2nd,2015

Rocket Lab Finds Funding For Small Satellite Delivery

Los Angeles- and New Zealand-based Rocket Lab, which says it is developing orbital vehicles for the delivery of small satellites into space, said it has raised a Series B financing round. Size of the funding was not announced. The Series B ...

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February 27th,2015

Nasty Gal Picks Up $12.7M

Los Angeles-based online fashion retailer Nasty Gal has raised $12.7M, as part of an ongoing venture funding targeted at $16M, according to a regulatory filing by the firm this week. Source of the new funding was not announced. The new fund...

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February 27th,2015

DTS Supplies Surround Sound Technology To M-GO

Los Angeles-based audio enhancement and processing software developer DTS said this morning that it is in a partnership with Culver City-based M-GO, the provider of video-on-demand and streaming movie services. According to DTS, M-GO will u...

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February 26th,2015

INVST Targets Institutional Investments, Signs New Clients

INVST, a Westlake Village-based startup which offers up an online platform to help alternative investment funds find accredited investors, has signed up three new clients for its service, the company said this week. The startup--founded and...

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February 26th,2015

3D Robotics Lands $50M For Drone Technology

3D Robotics, the unmanned aerial vehicle maker behind the IRIS, X8, and many other drone vehicles, said Thursday that it has raised $50M in a Series C venture funding round. The funding was led by Qualcomm Ventures. The company--which has m...

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February 26th,2015

Luxe Valet Raises $20M

Luxe Valet, the on-demand valet parking app provider which launched into LA in January, has reportedly raised $20M in a new financing. The funding came from Redpoint and Venrock, and also included the company's prior investors, including Go...

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February 26th,2015

Meritage Pharma Acquired For $70M By Shire

San Diego-based pharmaceuticals firm Meritage Pharma has been acquired by Shire plc, Shire announced this week in a deal worth $70M upfront plus unspecified earnout. Shire said the deal gives it the global rights to Meritage's Oral Budeson...

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February 24th,2015

Flexus Biosciences, Backed by Amgen, Acquired For $1.25 Billion

Flexus Biosciences, which is backed by Thousand Oaks-based Amgen, has been acquired by Bristo-Myers Squibb in a deal worth $1.25 billion. Flexus--which is based in the Bay Area--counts Amgen veterans Terry Rosen and Steve Young among its fo...

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February 23rd,2015

Surf Air Hits 1200 Members

Santa Monica-based membership-based airline Surf Air is telling potential customers that it recently reached 1200 members for its service, which allows members to take all-you-can-fly trips between the Los Angeles, Bay Area, Santa Barbara, ...

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February 23rd,2015

Upfront Names Chamillionaire As EIR

Los Angeles-based venture investment firm Upfront said late Sunday that it has named rapper and entrepreneur Chamillionaire as its newest entrepreneur-in-residence. According to Upfront's Mark Suster, Chamillionaire has been making small co...

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February 19th,2015

Philz Coffee Gets $15M For Expansion

Philz Coffee, the Silicon Valley coffee chain which has a single outpost outside of the Bay Area--in Santa Monica---has raised $15M to expand its footprint, the company said Wednesday. The funding came from Cowboy Ventures, Crunchfund, Mayn...

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February 18th,2015

Nativo Snags comScore CEO For Board

Los Angeles-based native advertising startup Nativo said this morning that it has snagged comScore CEO Serge Matta for the company's board of directors. comScore is well known for its measurement of digital advertising and e-commerce. Matta...

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February 12th,2015

truePrep Takes On SAT Tutoring

Looking for improving your score on the SAT? truePrep, a new service from Santa Monica-based ArborBridge, said today that it has launched a new service which matches students with online SAT tutors, who can help students prepare for the SAT...

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February 5th,2015

Transphorm's Product Go Into Mass Deployment In Japan

Goleta-based Transphorm, which develops Gallium Nitride (GaN) power conversion technology, reported today that Japanese customer Yaskawa Electric Company has gone into mass production on a product that uses its devices. Transphorm says that...

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February 5th,2015

Procore Doubles Headcount, Reports Growth

Carpinteria-based Procore Technologies, the developer of cloud-based, construction management software let by Tooey Courtemanche, says it more than doubled its headcount in 2014, and also saw record growth in its business. The company did n...

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February 3rd,2015

Epoxy Inks Deals With Fullscreen, AwesomenessTV, Others

Los Angeles-based Epoxy, the social engagement software develoled by Juan Bruce, announced a long list of partnerships this morning with YouTube MCNs. According to Epoxy, it has partnered with Fullscreen, AwesomenessTV, BroadbandTV, BentP...

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February 3rd,2015

MamaBear Names CEO

Santa Monica-based MamaBear, which develops a family communications and parenting app, said Monday that it has named Suzanne Horton as the company's new President and CEO. She previously served at Invitation homes (backed by Blackstone), wa...

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February 2nd,2015

Insights: How The Subscription Economy is Changing Business

For today's Insights and Opinions section, where we feature contributions from our readers and others in the community, we have Peter Cowen, a veteran of the technology and venture capital industry at Clear Capital Advisors. He is also the ...

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February 2nd,2015

Ebyline Acquired By IZEA

Los Angeles-based Ebyline, which had operated an online marketplace for freelance writers, has been acquired by IZEA. Financial details of the acquisition were not announced. IZEA is an online social content and sponsorship services. Ebylin...

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January 29th,2015

Cargomatic Raises $8M For Shipping Marketplace

Los Angeles-based Cargomatic said Thursday that it has raised $8M in a Series A funding round, for its online marketplace for shipping services. The startup, led by Jonathan Kessler, offers up a service which helps connect local shippers wi...

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January 29th,2015

Nativo Taps NBCUniversal Vet As Exec

Los Angeles-based native advertising technology developer Nativo has tapped a NBCUniversal veteran as its new Vice President of Product Development, the company said today. Nativo said that Carlos Sapene previously was VP of Digital and New...

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January 29th,2015

Seriously Launches Best Fiends Onto Amazon

Santa Monica- and Helskini-based mobile games and entertainment startup Seriously said this morning that it has launched its popular Best Fiends mobile game onto the Amazon Appstore. The game already is available for iOS and Android. Seriou...

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January 29th,2015

Tagg, Fitbit For Dogs, Acquired By Whistle

San Diego-based Tagg, the maker of a GPS-based pet tracker (ala Fitbit for Dogs), has been acquired by San Francisco-based Whistle. Financial terms of the buy were not disclosed. Tagg was founded in 2010 as a subsidiary of Qualcomm, and off...

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January 28th,2015

Shasta's Flynn Gets Promotion After String Of Silicon Beach Investments

Venture capital investment firm Shasta Ventures said Wednesday that it has promoted Sean Flynn--who has been key to that firm's many investments in Southern California--to Managing Director. Flynn sits on the boards of Los Angeles-based sta...

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January 28th,2015

Disney Opens Apps For Second Startup Accelerator Class

The Walt Disney Company said Tuesday that it is running another, startup accelerator class, as part of the Disney Accelerator program in Burbank, and is now accepting applications for a class of another, ten startups for the program. The ac...

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January 26th,2015

Western Digital Backs Memory Semiconductor Developer

Irvine-based Western Digital has backed the developer of semiconductor memory technology, as part of a strategic funding round. Everspin Technologies, which develops "magnetoresistive RAM"--aimed at use in such things at solid state storage...

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January 23rd,2015

ValueMyStuff: Helping You Uncover That Monet In Your Attic

How much, really, is that painting stashed in your attic, which your grandfather left to you? And, how much is that ceramic vase you found in your aunt's garage? ValueMyStuff (www.valuemystuff.com)--which recently opened up its U.S. offic...

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January 21st,2015

Qualcomm Backs Ravello For Virtualization Software

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems, Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia ...

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January 21st,2015

KFx Medical's $35M Patent Award Upheld

San Diego-based KFx Medical, which is venture backed by Alloy Ventures, Charter Life Sciences, Arboretum Ventures, Montreux Equity Partners, and MB Venture Partners, said today that it has had a $35M patent infringement judgement upheld in ...

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January 20th,2015

Tracon Pharmaceuticals Sets Estimated IPO Range

San Diego-based biopharmaceuticals developer Tracon Pharmaceuticals said in a regulatory filing today that it is estimated its IPO pricing at between $12.00 and $14.00 per share. The company--which filed for an IPO over the holidays--is loo...

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January 16th,2015

Carbonics: Seeking The Future In Carbon Nanomaterials

In the quest for ever smaller sizes an faster speeds, the semiconductor industry has increasingly been looking for new materials which work better, are cheaper, and faster than traditional silicon. One of the companies working on that effor...

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January 16th,2015

Southern California Venture Investments Top $1.3 Billion In Q4

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomso...

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January 14th,2015

Obalon Therapeutics Pumps Up With $20M

San Diego-based Obalon Therapeutics, a developer of a medical device to help with weight loss, said today that it has raised $20M in a Series D financing. The funding came from Axon Ventures, Bader Sultan & Bros. Co. W.L.L., Mirae Asset Ven...

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January 13th,2015

Tinder Buys Chill, The Maker Of Tappy

Los Angeles-based dating app developer Tinder has acquired Chill, the maker of Tappy, a Snapchat-like instant messaging service which revolves around photo sharing. Financial terms of the buy were not disclosed. As part of the buy, Tappy wi...

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January 12th,2015

What Startups Can Learn From The Pizza Business: Samit Varma

In our interviews, we normally talk to entrepreneurs, investors, and others involved in the technology startup industry. However, for today's interview, we've decided to venture a bit farther afield--talking to Samit Varma, founder of Los...

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January 8th,2015

Seriously Taps 20th Century Fox, Rovio Vets For Exec Suite

Santa Monica-based mobile entertainment startup Seriously has tapped a 20th Century Fox veteran to head up its business development efforts, and a former Rovio exec for product development efforts, the company said Thursday. Seriously said ...

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January 7th,2015

SweetLabs Passes 1 Billion App Installs

San Diego-based SweetLabs, the app distribution platform for Windows and Android, led by former DivX founder Darrius Thompson, said Tuesday that it has surpassed 1 billion app installs on its platform. SweetLabs develops a platform which al...

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January 5th,2015

Spotlight Ticket Management Becomes TicketManager, Plans Hiring

Calabasas-based Spotlight Ticket Management, the venture-backed startup which helps companies manage their corporate sports and entertainment tickets for big brands like Coca Cola, Google, Comcast, and many others, has renamed itself Ticket...

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January 2nd,2015

What I Learned In 2014: David Cremin, DFJ Frontier

Over the last couple of weeks, we've been featuring the reflections on the last year from folks in Southern California's technology industry. Here, David Cremin, a venture capitalist at DFJ Frontier, shares his thoughts on 2014. What was...

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January 2nd,2015

What I Learned in 2014: Jeb Spencer, TVC Capital

We've been featuring a few reflections on the last year from a number of movers and shakers in Southern California's technology industry over the last couple of weeks, during the holidays. Today, we have some thoughts from Jeb Spencer of TV...

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December 29th,2014

John Greathouse: What I Learned In 2014

Over the holidays, we're featuring a few reflections on 2014 from some of the movers and shakers in Southern California's technology industry. Today's thoughts come from John Greathouse, who is a partner at Rincon Venture Partners. 1. W...

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December 23rd,2014

AltheaDx Files For IPO

San Diego-based biotech developer AltheaDx has filed for an IPO, saying that it is looking to raised up to $69.0M in an IPO on the NASDAQ Global Market. The company said it has applied to trade under the symbol IDGX. The IPO is being underw...

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December 22nd,2014

UC San Diego Spinout Gets $15M From Bill Gates

A startup which is based on research conducted at the University of California, San Diego has scored $15M in a Series A funding. Echodyne Corp., which was co-founded by Tom Driscoll, a former University of California at San Diego researcher...

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December 18th,2014

Teradata Acquires RainStor

Teradata, which develops big data analytics and marketing software, said Wednesday that it has acquired Hadoop startup RainStor. Financial terms of the buy were not disclosed. RainStor develops online, big data archiving software specifical...

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December 17th,2014

TrueX Media Acquired For $200M, Says Report

Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox, according to a report from the WSJ this morning. The deal is reported to be worth $200M. TrueX Media offers up interactive, video adverti...

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December 16th,2014

Upfront Ventures Raises New Fund Worth $280M

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. According to the firm, the new fund will target early-stage technology investments, and will split half ...

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December 16th,2014

ChowNow Ties Into Apple Pay

Los Angeles-based ChowNow, which develops tablet-driven, online and smartphone ordering apps for restaurants, has tied its product into Apple Py. According to the company, it is the first online ordering platform to integrate with Apple's n...

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December 16th,2014

Sorrento Therapeutics Gets Strategic Investment From NantWorks

San Diego-based oncology drug developer Sorrento Therapeutics has scored a strategic investment from NantWorks, the biotech research company led by Dr. Patrick Soon-Shiong. According to the two, the investment comes as part of a global, str...

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December 15th,2014

AdRev Buys DashGo

Los Angeles-based AdRev, which provides digital rights management for large music publishers on YouTube, said Monday that it has purchased DashGo, a service that allows artists, labels, and publishers to distribute, promote, market, and lic...

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December 12th,2014

How Onestop Internet Is Powering Ecommerce For Brands

If you're a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, t...

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December 12th,2014

Qualcomm Invests $40M In China

San Diego-based Qualcomm said Thursday that it has committed to investing $40M in China, investing in four different Chinese companies and one venture capital fund. Qualcomm said it invested in 7Invensun, which is developing eye-tracking pr...

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December 11th,2014

VideoAmp Raises $2.2M For Video Advertising Platform

Santa Monica-based VideoAmp, which operates a programmatic video advertising platform, said this morning that it has raised $2.2M in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partner...

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December 11th,2014

Woven Digital Finds $18M

Los Angeles-based Woven Digital has raised $18M in a Series A funding, the company said this morning, led by Institutional Venture Partners. Advancit Capital, The San Francisco 49ers, United Talent Agency, Advancit Capital, The San Francisc...

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December 10th,2014

Ring Gets $7M For Smart Doorbells

Santa Monica-based Ring, the smart doorbell startup led by Jamie Siminoff, has raised $4.5M in equity and another $2.5M in debt financing, the company disclosed Wednesday. The company--formerly known as Doorbot--said the Series A financing ...

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December 10th,2014

March Capital Partners Backs Appcito

Santa Monica-based venture capital investor March Capital Partners--the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investm...

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December 9th,2014

Enevate Announces Battery Technology

Irvine-based Enevate, a venture-backed battery technology startup focused on advanced, rechargeable Lithium-ion (Li-ion) batteries, said this morning that it has rolled out some new battery technology. The startup--backed by Mission Venture...

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December 9th,2014

CurbStand Names CTO, CFO

Los Angeles-based CurbStand, the venture-backed developer of valet parking apps, said this morning that it has named Ethan Kravitz as its Chief Technology Officer, and Frank Mastronuzzi as Chief Financial Officer. The company said Kravitz h...

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December 8th,2014

NantHealth, BlackBerry Tie On Cancer Effort

Culver City-based NantHealth, the health information technology venture founded by billionaire Patrick Soon-Shiong, has tied with BlackBerry Limited to provide smartphone access to NantHealth's resources According to the two, they have crea...

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December 3rd,2014

WhipClip, Led By Richard Rosenblatt, Gets $20M For Video Clipping Apps

Los Angeles-based WhipClip, a yet-to-be-launched startup led by Demand Media founder Richard Rosenblatt, revealed today that it has raised $20M in a venture funding round. The startup is tackling legal clipping of video, saying it is creati...

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December 3rd,2014

Wallaby Acquired By Bankrate

Pasadena-based Wallaby Financial, the developer of web and mobile apps to help consumers optimize their credit card spending, has been acquired by Bankrate. Financial terms of the buy were not disclosed. Bankrate said that it will combine w...

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December 2nd,2014

SendGrid Gets $20M More For Email Delivery

SendGrid, the developer of email delivery platform used heavily by app developers, has raised $20M more in a Series C, venture funding round, the company said this morning. The company--which has significant operations in Orange County--sai...

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December 2nd,2014

Procore Names Chief Marketing Officer

Carpinteria-based Procore Technologies, which develops cloud-based software for the construction industry, has named Matthew Reid as its new Chief Marketing Officer. Reid previously served at Impact Radius, and also served at Citrix Onlne, ...

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December 2nd,2014

lynda.com Gets Award For Electric Vehicle Efforts

Carpinteria-based Lynda.com, which offers up an online learning and education site, has been awarded by the Department of Energy for its sustainability initiatives around plug in vehicles, the company said this week. lynda.com said the awar...

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November 24th,2014

Rincon Backs Rentlyics In $4M Round

Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics, on a new $4M funding round for the company. San Francisco-based Rentlytics disclosed today...

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November 24th,2014

Honk: Disrupting Roadside Assistance's 800 Pound Gorillas

Stuck on the side of a road, and need some help? Traditionally, you either had to be a member of a membership service for roadside help--or you had to pay an arm and a leg for a tow. Enter HONK (www.honkforhelp.com), a new startup which is ...

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November 21st,2014

Pluto.TV Raises $13M

Los Angeles-based Pluto TV, an online video streaming and channel guide, said Thursday that it has raised $13M in a Series A funding round. The funding came from U.S. Venture Partners, United Talent Agency, Sky plc, Chicago Ventures, Great ...

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November 20th,2014

BioNano Genomics Gets $53M

San Diego-based BioNano Genomics said this morning that it has raised $53M in a Series C funding round, for the company's genome mapping technology. The funding was co-led by Legend Capital and Novartis Venture Fund, and also included Feder...

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November 20th,2014

YapStone Plans Big LA Expansion, Hiring

Silicon Valley-based payment technology provider Yapstone has big hiring plans in Los Angeles, with plans to double the size of the company's office from 35 to 70 people in the next year. According to the company, it is hiring across market...

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November 20th,2014

Calnetix Buys Vycon

Cerritos-based Calnetix Technologies said this morning that it has acquired VYCON, the developer off flywheel-based energy storage systems. Financial terms of the buy were not disclosed. Calnetix--which develops and manufactures high-speed ...

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November 18th,2014

Allylix Acquired By Evolva

San Diego-based Alyllix, which produces flavors, fragrances, and other ingredients using yeast fermentation, has been acquired by Swiss company Evolva Holdings SA. Evolva said it will acquire Allylix in return for 46 million shares of the c...

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November 13th,2014

Scopely Secures $35M

Los Angeles-based Scopely, which is led by Walter Driver, has raised a big, $35M funding round, the company said this morning. The funding was led by Evolution Media Partners, the joint venture created by TPG Growth, Participant Media, and ...

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November 12th,2014

Finding The Secret To Success With Crowdfunding, With Chance Barnett

What is the secret to a successful crowdfunding effort--and how should you conduct a crowdfunding campaign? We spoke with Chance Barnett, the CEO and founder of Los Angeles-based Crowdfunder (www.crowdfunder.com), to learn more about how to...

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November 12th,2014

FreedomPop Eyed By Sprint, Adds Free International Calling

Los Angeles-based FreedomPop is in talks to be acquired by Sprint, according to reports this morning, in a deal which values FreedomPop between $250M to $450M. According to the report--from USA Today--Sprint is considering the acquisition t...

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November 12th,2014

Adaptive Medias Powers Pet Industry Portal

Irvine-based Adaptive Medias, which offers programmatic advertising, content syndication, and monetization products for the mobile, video, and online display markets, has teamed up in a joint venture aimed at the pet industry. Adaptive Medi...

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November 11th,2014

NBCUniversal, Comcast Plan Technology Hackathon In Universal City

NBCUniversal and Comcast is planning a technology hackathon this weekend in Universal City, in hopes of tapping local technology innovators to apply their technology know-how to the media business. According to the two, their Comcast NBCUni...

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November 10th,2014

DogVacay Gets $25M More

Los Angeles-based dog sitting marketplace DogVacay has raised $25M more in a Series B1 funding, the company disclosed this morning, as the competition heats up for the "top dog" in the market. The new round was led by Omers Ventures, and al...

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November 10th,2014

Elon Musk Eyes New Satellite Venture

Elon Musk, the technology mogul behind SpaceX and Tesla Motors, is gearing up to develop a new startup, to launch its own constellation of satellites to deliver Internet access. According to the WSJ, the Musk is working with the founder of ...

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November 7th,2014

Orange County Investor Commits $1M To Early Stage Startups

Jason Thanh La, the co-founder and CEO of payment processing company Merchant Services Group, said this week that he has committed to personally fund $1M to early stage companies in Southern California. La said he is specifically seeking ea...

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November 7th,2014

Ice Enegy Wins Contracts From SCE

Santa Barbara-based energy storage developer Ice Energy said late Thursday that it has been awarded sixteen contracts from Southern California Edison, providing 25.6 megawatts of energy storage. Size of those contracts were not announced by...

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November 6th,2014

Zuma Ventures: Creating A New Technology Startup Model

David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Carter was a co-founder/partne...

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November 5th,2014

FilmTrack Raises $10M, Acquires Dashbox

Los Angeles-based FilmTrack, a developer of contracts and rights management software for the media and entertainment industry, has raised $10M in a Series B funding, and also acquired Dashbox, a developer of cloud-based music asset and meta...

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November 4th,2014

Audyssey Gets Funding From Intel Capital

Los Angeles-based audio processing technology developer Audyssey and Intel Capital said Tuesday morning that Intel Capital has made an investment in Audyssey. Financial details of the funding were not disclosed. The announcement came in con...

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November 4th,2014

StyleHaul Acquired By RTL Group For Up To $205M

Los Angeles-based Youtube network StyleHaul has been acuqired by European entertainment network RTL Group, in a deal that values the company at over $205M if earn out goals are met. RTL said it would acquire a controlling stake in StyleHaul...

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November 3rd,2014

Proximal Data Acquired By Samsung

San Diego-based Proximal Data, a developer of storage caching software aimed at use with virtualized systems, has been acquired by Samsung Electronics, Samsung said today. Financial terms of the buy were not announced. Proximal Data was ven...

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November 3rd,2014

Kurion Wins $10M Grant

Irvine-based hazardous waste removal technology developer Kurion said this morning that it has won a $10 million grant from Japan's Ministry of Economy, Trade and Industry (METI), as part of a demonstration of technology for removal of trit...

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October 30th,2014

Topera, Started in San Diego, Acquired By Abbott For $250M Plus

Topera, a developer of medical devices used to treat atrial fibrillation, has been acquired by Abott in a $250M. Topera, until recently, was based in San Diego, but apparently moved to San Mateo in the last year or so. Abbott said it will p...

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October 30th,2014

Kurion Names VP

Irvine-based nuclear and hazardous waste management technology developer Kurion said today that it has promoted its current Country Director for Japan, Yohei Iwasaki, to the role of Vice President. According to Kurion, Iwasaki has been over...

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October 29th,2014

Sientra Up In IPO Trading

Santa Barbara-based Sientra, a developer of aethetic medicine implants, rose in its IPO on Wednesday, trading as high as $17.90 during morning trading. The company priced last night at $15 per share, selling 5 million shares of its common s...

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October 27th,2014

Apple Opens TestFlight Beta

Apple said late last week that it has expanded access to TestFlight, the app beta testing platform, letting developers invite up to 1,000 testers to beta test their iOS apps. Apple's TestFlight service comes courtesy the acquisition earlier...

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October 24th,2014

Upfront Backs Luxury Valet Parking Service

Los Angeles-based venture capital investor Upfront Ventures is one of the investors in a new, luxury valet service launching in San Francisco, called Luxe. Luxe said Thursday that it has raised $5.5M in a seed funding round, from Redpoint V...

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October 24th,2014

Invoca Names CFO

Santa Barbara-based Invoca, which develops software used to track phone calls from affiliate marketing, said Thursday that it has named Cynthia Stephens as its new Chief Financial Officer. Stephens joins the company from Harvest Power, wher...

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October 22nd,2014

StackIQ Raises $6M

San Diego-based StackIQ, which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as w...

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October 22nd,2014

aTyr Pharma Names VP

San Diego-based aTyr Pharma said today that it has named John C. McKew, Ph.D., as its new Vice President, Research. aTyr said that McKew is a rare disease expert, who has served at the National Institutes of Health, Wyeth Research and Genet...

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October 21st,2014

Zuma Ventures Takes On Early Stage Startups

Two, Los Angeles area startup veterans--David Carter and Allen Hurff--launched a new "venture studio" Tuesday morning aimed at helping to create and incubate early stage startups. According to the two, they have launched Zuma Ventures, a ne...

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October 17th,2014

Early Tesla Owners Protest Lack Of Support For New Features

In an example of how an electric car is not just a disposable, electronic device, a group of early owners and supporters of Telsa Motors electric vehicles are protesting a lack of an upgrade path for their cars. The owners--led by Los Angel...

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October 17th,2014

Sofie Biosciences Scores $1.5M In SBIR

Culver City-based Sofie Biosciences has scored a $1.5M, Phase II SBIR award for its Positron Emission Tomography (PET) imaging technology, the company said Thursday. The company said the SBIR award came from the National Cancer Institute (N...

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October 16th,2014

Anametrix Acquired By Ensighten

San Diego-based marketing analytics developer Anametrix has been acquired by Silicon Valley company Ensighten, according to the companies. Financial terms of the acquisition were not disclosed. Ensighten said it will use the acquisition to ...

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October 14th,2014

Speakr Finds $2.9M For Social Marketing

Los Angeles-based Speakr, which provide social influence marketing to brands, said today that it has raised $2.9M in a seed funding round. The funding came from Allegro Venture Partners, Brett Hurt (Bazaarvoice), Ed Snider (Comcast Spectaco...

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October 8th,2014

Crowdfunder Raises $3.5M

Los Angeles-based crowdfunding site Crowdfunder.com, the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening. The funding came from Tim Draper (DFJ), Bill Quigley (Cl...

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October 7th,2014

UCSB Professor Wins Nobel Prize In Physics

UC Santa Barbara professor Shuji Nakamura--the inventor of the blue LED--is one of the joint winners of this year's Nobel Prize in Physics, the Nobel Foundation Rights Association announced Tuesday evening. Shuji Nakamura, Isamu Akasaki, an...

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October 7th,2014

Cornerstone OnDemand Buys Evolv

Santa Monica-based Cornerstone OnDemand said Tuesday afternoon that it has agreed to acquire Evolv, a machine learning and data science company based in San Francisco. Cornerstone will pay approximately $42.5M in cash, plus assume up to 2.0...

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October 7th,2014

TenOneTen Backs Curbside For Mobile Ordering, Pickup

Los Angeles-based TenOneTen Ventures, the venture capital firm run by David Waxman and Gil Elbaz, is one of the investors in a mobile app developer which helps consumers order products and pick the up at the curbside of local retailers like...

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October 6th,2014

Alteryx Raises $60M

Irvine-based Alteryx, a developer of data analytics software, said this morning that it has raised $60M in a new investment round. THe funding said the round was led by Insight Venture Partners, and also included SAP Ventures and Toba Capit...

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October 3rd,2014

Cool Planet Energy Launches Commercial Production

Camarillo-based Cool Planet Energy Systems, which develops technology to capture CO2 and turn it into a soil amendment, said late Thursday that it has begun commercial production of its product, CoolTerra. The startup--which is backed by BP...

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October 2nd,2014

Upfront Leads Investment In Navdy's Google Glass For Your Car

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a developer of a heads up display for any car, which the company likens to a "Google Glass for your Car". Navdy--which is based in San Francisco--said it ra...

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September 30th,2014

It's Official: Metacloud Now Part Of Cisco

Pasadena-based Metacloud is now officially part of Cisco, the companies said Monday, with Metacloud joining Cisco's Cloud Infrastructure and Managed Services organization. MetaCloud provides implementation and management of OpenStack-based ...

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September 26th,2014

Transphorm Partners With ON Semiconductor

Goleta-based power conversion technology developer Transphorm--which is venture backed by such investors as Furukawa Electric Co., Ltd., Bright Capital, Foundation Capital, Google Ventures, Innovation Network Corporation of Japan. Kleiner P...

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September 25th,2014

Kareo Bolsters Board

Irvine-based cloud sofware developer Kareo has appointed the former President of Citrix Online, Brett Caine, to its board, the company said this week, to help advise the company on market and product strategy. Kareo said that Caine was Pres...

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September 25th,2014

AssetAvenue Bolsters Executive Team

Los Angeles-based online, commercial real estate peer to peer lending site AssetAvenue has named a new executive, saying that Eddie Prosser has joined the company as its Senior Vice President of Real Estate Investments. Prosser was most rec...

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September 25th,2014

Microsemi Loses Mazzo From Board

Aliso Viejo-based Microsemi said late Wednesday that James V. Mazzo--the former CEO of Advanced Medical Optics--has resigned from the company's board. Microsemi did not say why Mazzo decided to leave the board, but said the resignation "did...

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September 24th,2014

UCLA To Tap Outside Board For Startup Deals

The University of California, Los Angeles is looking to an outside board to help it negotiate technology transfer and research deals with companies, according to reports. The group will tap a yet un-named group of outside experts to help te...

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September 24th,2014

Sunrun Plans Major Hiring In Southern California

Residential solar installer Sunrun said this morning that it is planning a major hiring and expansion drive, with the hiring of 800 additional employees and the opening of ten new offices--many of them in Southern California. The San Franci...

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September 23rd,2014

Avalon Ventures, GlaxoSmithKline Team On Two New Startups

San Diego-based venture capital investor Avalon Ventures and biopharmaceuticals firm GlaxoSmithKline said Monday that the two have teamed up to fund and launch up to 10, early stage life science companies. The two have initially funded two ...

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September 22nd,2014

Fullscreen Acquired By Chernin Group, AT&T

Los Angeles-based Fullscreen Network is being acquired by Otter Media, a joint venture of AT&T and The Chernin Group, in a deal which is reportedly worth between $200M and $300M. Exact terms of the buy were not announced. Fullscreen, which ...

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September 22nd,2014

Club W Gets $9.5M

Los Angeles-based subscription wine delivery company Club W announced this morning that it has raised $9.5M in a Series A funding, for the company's service which provides monthly delivery of wins to members. The startup said the funding wa...

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September 22nd,2014

Realty Mogul Scores $73M Investment Partnership

Beverly Hills-based real estate crowdfunding site Realty Mogul disclosed this morning that it has inked a $73M funding commitment with company Direct Lending Investments. The two said that the funding will go towards funding residential reh...

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September 22nd,2014

Sientra Files For IPO

Santa Barbara-based medical aesthetics company Sientra has filed for an IPO, saying Friday that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange. The company said it has proposed listing under the symbol SIEN. T...

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September 18th,2014

Metacloud VC On Cisco Acquisition: "Epic Exit"

According to one of Pasadena-based Metacloud's venture capital backers, the acquisition of the cloud services provider by Cisco on Wednesday was an "epic exit". The statement came from Jason Lemkin, a venture capitalist at Storm Ventures. N...

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September 17th,2014

BeautyCon Raises $5M

Los Angeles-based BeautyCon, which organizes conferences and runs a website focused on beauty and fashion as it intersects with online media, has raised $5M in a seed funding round. The funding came from Hearst Corp., Rachel Zoe Ventures, Q...

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September 17th,2014

Metacloud Acquired By Cisco

Pasadena-based Metacloud, the provider of Openstack-based, private cloud services, has been acquired by Cisco, Cisco announced Wednesday morning, to help bolster Cisco's cloud infrastructure efforts. Financial terms of the buy were not disc...

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September 17th,2014

QPID Health Sets Up Office In San Diego

Boston-based QPID Health, a developer of clinical intelligence software for the healthcare market, said it has set up an office in the San Diego area, to tap into the area's talent base. The startup--which is venture backed by Matrix Partne...

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September 16th,2014

University of California Plans $250M Venture Capital Fund

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital fund. According to UC President Janet Napolit...

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September 12th,2014

Upfront Ventures Backs 6SensorLabs

Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a developer of a food testing gadget, initially aimed at sensing gluten in food. According to San Francisco-based 6SensorLabs, it has raised $4M in a seed f...

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September 11th,2014

Eucalpytus Acquired By HP For Around $100M

Santa Barbara-based Eucalpytus, the developer of open source software for managing private and hybrid clouds, has been acquired by HP, HP said Thursday afternoon. Financial terms of the buy were not disclosed, however, reports place the buy...

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September 10th,2014

Telogis Finds New Funding

Aliso Viejo-based Telogis, the developer of route planning and fleet management software led by David Cozzens, said today that it has raised a strategic investment round. The funding came from Fontinalis Partners, the venture capital invest...

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September 9th,2014

MomentFeed Adds Google+, Bing Support

Los Angeles-based MomentFeed, the developer of tools to help businesses manage their location data in online local search services, says it has added Google+ and Bing management to its tools. According to the company, it now lets brands pub...

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September 5th,2014

GumGum Names CRO

Los Angeles-based advertising technolog provider GumGum said this week that it has appointed a new, Chief Revenue Officer, as the company continues to build out its management team. The company--which provides technology which embeds advert...

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September 3rd,2014

BeyondTrust Acquired By Veritas Capital

San Diego-based BeyondTrust, a developer of security software used for privilege and vulnerability management, has been acquired by private equity firm Veritas Capital, the companies said this morning. Financial details of the acquisition w...

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September 3rd,2014

Foundry Medical Innovations Opens Startup Incubator In San Diego County

Carlsbad-based Foundry Medical Innovations said today that it has launched a new, medical and diagnostic device incubator in San Diego County, which it says provides a shared workspace, access to technical engineering talent, business and m...

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August 29th,2014

Zeel Brings On-Demand Massages To LA

In the latest, smartphone-driven, on-demand service to hit the Los Angeles area, Zeel says it has launched into the Los Angeles area, and has begun offering up same day, in-home massages from licensed therapists in the area. The New York Ci...

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August 27th,2014

Report: Snapchat Valued At $10 Billion In New Funding

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. Citing "people with ...

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August 26th,2014

The Honest Company Gets $70M

Los Angeles-based The Honest Company, the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday. The funding was...

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August 26th,2014

ZipRecruiter Gets $63M Series A

In what looks like one of the largest Series A funding rounds in awhile in Southern California, Santa Monica-based ZipRecruiter announced this morning that it has raised $63M in a funding round, for its job posting service for small and med...

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August 19th,2014

Flywheel Targets LA Airport Rides With Advance Booking

Flywheel, the venture backed startup offering up an Uber-like experience for users--except via licensed taxi and transportation services--is rolling out advanced booking to Los Angeles users this week. According to Flywheel, the new service...

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August 18th,2014

Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M

A new startup, Algorithmia, which was co-founded by a USC PhD student, said today that it has raised $2.4M in a seed funding round, to go towards its online marketplace for computer software algorithms. The startup--which was co-founded by ...

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August 14th,2014

Vadio Gets Backing From Mucker Capital, Amplify, Others In $2M Funding

Vadio, the developer of a platform which helps match music videos and ads with streaming music, said Thursday that it has raised $2M in a seed funding round, which included Mucker Capital, Amplify.LA, as well as other LA investors. The comp...

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August 14th,2014

Hovelstay.com Gets $1.2M To Help You Find Anti-Luxury Digs

Looking for dump to stay in while traveling? A new, Glendale-based startup, hovelstay.com, said it has launched a new site to help college students to find affordable lodging--including the proverbial "dump"--and has raised $1.2M in venture...

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August 13th,2014

ClariPhy Raises $19.74M

Irvine-based ClariPhy, which develops high speed, CMOS ICs used for optical networking, has raised $19.74M in a funding round, according to a regulatory filing from the firm today. Details on the funding have not yet been announced by the c...

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August 13th,2014

TenOneTen Ventures Eyes $25M Fund

Los Angeles-based venture capital investor TenOneTen Ventures, which is run by David Waxman and Gil Elbaz, is looking to raise a $25M fund, according to a regulatory filing from the company this week. The investment firm--which already has ...

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August 13th,2014

Otonomy Up In IPO

San Diego-based biopharmaceuticals firm Otonomy was up today in early trading, after pricing 6.25 million shares of its common stock at $16.00 per share last night. The company was trading around $17.52 today after its debut on the NASDAQ G...

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August 12th,2014

RadPad Gets $2M

Los Angeles-based mobile rental marketplace app developer Radpad said Tuesday that it has raised $2M in a funding round, which came from existing investors SG VC, L.P., Social Leverage L.P. and Michael Huffington, along with new investors Q...

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August 12th,2014

BeachMint Merges With Conde Nast's Lucky

Los Angeles-based e-commerce website operator Beachmint is merging with Lucky, the shopping and fashion publication title owned by Conde Nast, creating a new company called The Lucky Group, the companies said Monday. Financial terms of the ...

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August 11th,2014

Stocktwits Adds Ross Levinsohn, Rob Peck to Board

San Diego-based Stocktwits, the instant messaging service focused on trading stock news and tips, said last week that it has added Ross Levinsohn and Rob Peck to its board of directors. Levinsohn was most recently Interim CEO of Yahoo; Peck...

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August 7th,2014

Ringadoc Acquired By Practice Fusion

Los Angeles-based Ringadoc, a developer of automated, cloud-based telephone answering services for doctors, has been acquired by Practice Fusion, according to the companies. FInancial terms of the buy were not disclosed. Practice Fusion sai...

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August 6th,2014

Fresh Nation Expands Farmers Market Delivery To LA

In the latest, venture-backed startup to expand its services to Los Angeles, Fresh Nation, a startup offering up delivery services from local farmers markets, has opened up shop here. According to the startup--which is venture backed by Lig...

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August 6th,2014

Rapt Media Sets Up Shop In LA, After $3.1M Round

Rapt Media, a startup developing technology to help create interactive videos, said today that it is setting up an office in Los Angeles, in order to be closer to where brands, agencies, and production companies thrive. The startup said it ...

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August 5th,2014

FlikMedia Goes Public Via Reverse Merger

Santa Monica-based mobile dating app developer Flikdate has gone public, via a reverse merger into a shell company called CrossBox, according to the firms today. According to FlikMedia, the company has acquired Flikdate through a merger tra...

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August 4th,2014

Otonomy Sets Estimated IPO Pricing Range

San Diego-based Otonomy, which is developing treatments for diseases of the inner and middle ear, set its estimated IPO pricing range Friday. The company indicated in a filing that it now expects its IPO at between $14.00 and $16.00 per sha...

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July 31st,2014

Swagbucks Buys Sodahead

Los Angeles-based prodege, the parent company of Swagbucks, said this morning that it has acquired Sodahead, the online polling and discussion platform founded by Jason Feffer. Financial terms of the buy were not disclosed. According to Pro...

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July 30th,2014

3D Robotics Buys Sifteo

3D Robotics, the developer of personal drone and unmanned aerial vehicles headed by former Wired editor Chris Anderson, has acquired Sifteo, a developer of embedded computing products. Financial terms of the buy were not disclosed. Sifteo h...

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July 30th,2014

Karlin, A-Grade Get Exit At Gyft

Two, Southern California venture capital investors---A-Grade Investments, the investment company run by Ashton Kutcher, and Karlin Ventures, which is managed by TX Zhou--have scored what looks like a nice exit over at Gyft, a mobile gift ca...

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July 30th,2014

O Labs Launched To Incubate, Accelerate Enterprise Software In LA

O-Labs, new Los Angeles-based accelerator/incuabtor has launched today, create as joint venture of Originate, Manatt, Phelps & Phillips, LLP and ICM Partners. According to the three, they have created O Labs as an independent company specif...

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July 30th,2014

Epic Sciences Raises $30M For Cancer Diagnostics

San Diego-based Epic Sciences, a biotech startup focusing on diagnostics for treatment and management of cancer, has raised $30M in a Series C funding. The funding came from RusnanoMedInvest (RMI) and Arcus Ventures, plus Domain Associates,...

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July 28th,2014

Eventure Interactive Finds $4.1 Million

Costa Mesa-based Eventure Interactive, a developer of social, photo sharing applications, said last week that it has raised $4.1M in funding from Kodiak Capital Group as well as angels. The funding said $3M of the funding came from private ...

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July 24th,2014

Fullscreen In Talks To Sell Itself To Otter Media, Says Report

Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media, the joint venture between AT&T and The Chernin Group, according to reports. The deal is reportedly worth between $200M and $300M. Th...

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July 24th,2014

Qualcomm Launches $150M Venture Fund In China

San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm said the new fund--being managed by Qualcomm Ventu...

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July 23rd,2014

Qualcomm Backs Korean Delivery Service Naldo

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, has invested in a Korean "instant delivery" startup Naldo, in a Series A funding. The funding came from both Qualcomm Ventures and Softbank Ventures Korea. Financial ...

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July 22nd,2014

TYLT Rolls Out Travel Charger

Los Angeles-based TYLT, the consumer electronics company related to TYLT Labs, announced today that it has started shipping a new, travel charger which combines a USB wall charger with portable battery. The company said its Energi 2K Travel...

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July 21st,2014

TrueCar's Scott Painter On Entrepreneurship And IPOs

Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California's big success stories -- from startup, to venture funding, and a...

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July 18th,2014

Southern California Startups Raise $761.12M in Q2 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association's MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 201...

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July 16th,2014

Siemer Ventures Raises $45M Fund, Becomes Wavemaker Partners

Santa Monica-based Siemer Ventures said Wednesday that the venture capital fund has launched a new, $45M third fund, and rebranded itself as Wavemaker Partners. The new fund is larger than the company's second fund, which was raised in 2011...

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July 16th,2014

Why Mucker Capital Is Putting More Money To Work In LA Startups

For the last few years, startup accelerator MuckerLab has been helping very early stage companies define and grow their businesses, using the accelerator model and small investments to get companies to the next stage. Recently, the team beh...

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July 15th,2014

Demand Media Sells Creativebug, CoveritLive

Santa Monica-based Demand Media said Monday that it has sold both its Creativebug and CoveritLive businesses. Demand Media said it sold Creativebug its online video business focused on arts and crafts, to Other Media, a new joint venture b...

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July 14th,2014

SendGrid Expands in Orange County

Email delivery service provider SendGrid has opened up a new office in Orange County, saying today that it opened the new location to attract local talent to the company. SendGrid says it is "rapidly expanding" and that it opened the new ...

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July 14th,2014

Otonomy Files For IPO

San Diego-based Otonomy, the biopharmaceuticals firm which is developing treatment of diseases and disorders of the ear, has filed for an IPO, saying in a filing that it is looking to raised $86.25M in an offering on the NASDAQ Global Marke...

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July 9th,2014

Cornerstone OnDemand Names Etsy CFO To Board

Santa Monica-based talent management software developer Cornerstone OnDemand said Wednesday that it has added Kristana Salen, the Chief Financial Officer of Etsy, to its board of directors. Salen has been CFO of Etsy since January of 2013;...

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July 8th,2014

Qualcomm Makes Strategic Investment In RetailNext

San Diego-based Qualcomm has put its weight behind a developer of software used for Big Data analysis of physical retailers, in a strategic funding. RetailNext, which develops software used by retailers to apply Big Data to the information ...

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July 7th,2014

UST Global Buys Four Companies, Makes Investments

Aliso Viejo-based UST Global, a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, Asia, India, Europe, and Latin America. The compan...

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July 3rd,2014

Rincon Ventures Backs Keen IO

Southern California technology investor Rincon Venture Partners has backed Keen IO, a company developing mobile analytics software. According to Keen IO, it has raised $11.3M in a Series A funding, which was led by Sequoia Capital. The San...

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July 2nd,2014

Interlink Electronics Names Two To Board

Camarillo-based sensors and electronics developer Interlink Electronics has named two private equity and venture executives to its board, as part of an expansion of the group, the company said this morning. Interlink Electronics said it has...

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July 1st,2014

Ambrx Withdraws IPO

La Jolla-based biotechnology developer Ambrx has withdrawn its IPO, citing "current public market conditions" in a regulatory filing this morning. Ambrx was venture backed by Tavistock, Maverick Capital, Apposite Healthcare, Versant Venture...

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July 1st,2014

Metacloud Partners with Trace3

Pasadena-based MetaCloud, the provier of OpenStack cloud deployment and management, said today that it has partnered with Trace3, a provider of IT and other services to businesses. According to the companies, MetaCloud has been selected as ...

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June 30th,2014

Qualcomm Backs MapR's Hadoop Technology

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has put its funding behind MapR, the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, wh...

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June 30th,2014

Ranker Adds Executives

Los Angeles-based Ranker, which operates an online website for users to share their opinions and lists on countless topics, has hired on a number of new executives. According to the company, it has appointed Glenn Walker as Chief Strategy O...

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June 27th,2014

CAA Backs Distractify

The CAA has put its funding behind a new, online content discovery site called Distractify, as part of a Series A funding round announced this week. Distractify--which is based in New York--said it raised $7M in a Series A funding, which wa...

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June 26th,2014

GoPro Prices IPO, To Trade Today

Action sports camera maker GoPro priced its IPO at $24.00 per share, and will start trading today on the NASDAQ Global Market as GPRO. The company--although based in San Mateo--has a number of Southern California ties, including founder Nic...

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June 26th,2014

TheBouqs Raises $6M For Direct-From-Farm Flower Delivery

Venice, California-based online flower delivery service TheBouqs said this morning that it has raised $6M in a Series A financing, to go towards expansion of its team, delivery outside the US, and scaling of its technology and infrastructur...

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June 25th,2014

Frost Data Capital, GE Launch Industrial Internet Incubator

Frost Data Capital, the startup incubator firm led by Stuart Frost, has tied with GE to launch a new, startup incubator aimed at industrial Internet startups, the two said Wednesday. The two said they have started Frost I3, which will provi...

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June 25th,2014

Moviepilot Goes Native, Bets On LA, US Market

Moviepilot, the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de, to French publisher Webedia. The move puts the company's focused squarely on its Los Angeles operations. The sal...

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June 24th,2014

AdColony Acquired By Opera

Los Angeles-based mobile video advertising firm AdColony has been acquird by Silicon Valley mobile ad company Opera, the two said Tuesday. The deal is worth up to $350M. AdColony is led by Will Kassoy. Kassoy becomes Chief Marketing Officer...

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June 24th,2014

Procore Launches New App

Carpinteria-based Procore Technologies, which develops cloud-based construction management software, said today that it has launched a new set of free applications for iOS and Android. According to Procore, its new CurrentSet app allows con...

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June 20th,2014

Kite Pharma Surges In IPO

Los Angeles-based Kite Pharma, a biopharmaceuticals firm developing treatments for cancer, surged in its IPO this morning on the NASDAQ Global Market, trading as high as $29.22 in morning trading. The company had priced last night at $17.00...

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June 19th,2014

Qualcomm Backs ClearCare For Home Care Agency Software

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, is backing the developing of software to help home care agencies manage their workers and operations. ClearCare said Wednesday that it has raised $11M in a funding roun...

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June 19th,2014

Greycroft's New $200M Fund May Be Boon To Los Angeles

A new, $200M growth fund from Greycroft Partners may be a boon to the Los Angeles market--the source of a big chunk of the investment company's venture capital investments. Greycroft Partners said today that it has closed on a $200M, first ...

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June 18th,2014

Metacloud Hires Two OpenStack Evangelists, Opens Texas Office

Pasadena-bsed Metacloud, which runs and operates OpenStack based clouds for companies, said it has hired on two well known OpenStack evangelists as executives. The startup--which is backed by AME Cloud Ventures, Canaan Partners, Pelion Vent...

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June 13th,2014

Invoca Hits 100 Employees, Adds Execs

Santa Barbara-based Invoca, the developer of cloud-based, call marketing and click-to-call technology which is backed by Accel Partners, Upfront Ventures and Rincon Venture Partners, said it has hit 100 employees, and also expanded its exec...

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June 11th,2014

Qualcomm's Jacobs Sees The Light With New Investment

Qualcomm's Executive Chairman, Paul Jacobs, is one of the major investors in stealthy digital photography startup Light, which revealed last night that it has raised a $9.7M funding round for its efforts to re-invent photography. The compan...

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June 11th,2014

Ambrx Sets IPO Pricing Range

La Jolla-based biopharmaceuticals developer Ambrx has set its initial estimated pricing range for its IPO, saying in a filing this morning that it expects to price its IPO at between $12.00 and $14.00 per share. The offering will raise arou...

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June 11th,2014

Kite Pharma Sets IPO Range

Los Angeles-based biopharmaceuticals developer Kite Pharma has set an initial offering range for its IPO, saying in a filing this morning that it expects to sell 6 million shares of its common stock at between $12.00 and $14.00 per share. T...

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June 11th,2014

Procore Raises $15M

Carpinteria-based Procore, a developer of construction management software, has raised $15M in a funding round from Bessemer Venture Partners, the company disclosed today. The startup is led by Tooey Courtemanch and Steve Zahm. The company-...

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June 11th,2014

RuiYi Gets $4M In Venture Loan

La Jolla- and Shanghai-based RuiYi, a biopharmaceuticals firm developing treatments for rheumatoid arthritis and cancer, said yesterday that it has raised $4M in a venture debt funding, from Silicon Valley Bank. The company said it will use...

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June 9th,2014

OpenX Launches New Product

Los Angeles-based online advertising technology developer OpenX Technologies said this morning that it has launched a new product, the OpenX SSP (Supply Side Platform). According to OpenX, the new product combines real-time-bidding (RTB) an...

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June 5th,2014

Metacloud Wins SK Planet

Pasadena-based Metacloud, the startup which helps companies deploy their own private, OpenStack clouds, reported a win today with SK Planet, the subsidiary of SK Telecom. The company said that SK Planet has chosen Metacloud as its Openstack...

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June 3rd,2014

Fresh Nation Raises $1M, Expands To Los Angeles

Fresh Nation, a startup operating an online marketplace for farmers, said this morning that it has raised $1M in a seed funding round, to help it expand into Los Angeles. According to the startup, the investment came from Lightspeed Venture...

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June 2nd,2014

Entrepreneurship In The LA Mayor's Office, With EIR Krisztina Holly

Last month, Los Angeles Mayor Eric Garcetti created a new program, aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. The new "Entrepreneur-in-Residence" program has appointed its first, two, EIRs--Krisztina "Z" Holly ...

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June 2nd,2014

Upfront Backs Grove Labs For One-Touch Farming Appliances

Los Angeles-based venture investment firm Upront Ventures is the lead investor in Grove Labs, a startup developing automated, smartphone-controlled appliances which automatically grow food for consumers at the touch of a button. According t...

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May 28th,2014

California Technology Ventures Gets Exit An AngioScore

Pasadena-based venture capital firm California Technology Ventures has scored an exit at one of its portfolio firms, selling cardiac catheter maker AngioScore, to medical device firm Spectranetics. Spectranetics said it would pay $230M plus...

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May 28th,2014

Idealab Startup Aims At $149 3D Printer, Gets Funding

A new, Pasadena-based startup out of Idealab, the startup incubator headed by Bill Gross, is hoping to bring 3D printing to the masses for $149. According to New Matter, it is hoping to bring its 3D printer to users, starting at only $149, ...

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May 28th,2014

OpenX Names Chief Customer Officer

Los Angeles-based online and mobile advertising technology provider OpenX announced this morning that it has named Tish Whitcraft as the company's new Chief Customer Officer. Whitcraft was most recently Chief Customer Officer at Tagged, and...

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May 27th,2014

uSamp Rolls Out New Products

Los Angeles-based uSamp, which develops surveying and sampling technology and services for the market research industry, said this morning that it has rolled out a set of new products. The company sai dit has launched tow mobile products, u...

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May 27th,2014

Interview with Michael Aleles, Quippi

Southern California in recent years has become a hotbed of financial startups, and for years has been a destination for companies looking also to address companies across the border in Mexico and Latin America. One of the startups here at ...

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May 22nd,2014

True(X) Media Finds $6M

Los Angeles-based True(X) Media--which was most recently known as SocialVibe--disclosed this week that it has raised $6M in a new funding round. The online advertising technology provider said the funding came from prior backers Jafco Ventu...

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May 21st,2014

How Epoxy Is Helping Content Creators Make Their Video More Social

Are you a content creator for the web? It turns out, nowadays, creating the content is only a small part of your job description The most successful YouTubers, studios, brands and agencies today are intensely focused on using social media t...

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May 20th,2014

Tradesy Finds $13M for Fashion Marketplace From KPCB, Others

In a significant vote of confidence for Santa Monica-based Tradesy, the peer-to-peer marketplace headed by Tracy DiNunzio, has raised a $13M funding round from Kleiner Perkins Caufield & Byers, Sir Richard Branson, Rincon Venture Partners, ...

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May 20th,2014

HitFix Launches Six Second Reviews With Moviefone's Leatherman

Too busy to watch a long online video, or just have a really, really short attention span? The latest venture out of Los Angeles-based entertainment news site Hitfix is perfect for those with mere seconds to spend on figuring out if that la...

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May 20th,2014

Survios Scores $4M

Los Angeles-based Survios, a developer of virtual reality technology, announced Monday that it has raised $4M in a Series A venture funding round. The round was led by Shasta Ventures, and also included Felicis Ventures and angel investor G...

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May 20th,2014

OpenX Launches SDK For Mobile Video Ads

Los Angeles-based OpenX launched a new software development kit for the mobile video advertising market today, aimed at helping iOS and Android developers to add video ads to their apps. OpenX said the SDK offers up "plug-and-play" video ad...

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May 19th,2014

GoPro, With SoCal Ties, Files For IPO

Action sports camera maker GoPro, which has a few Southern California connections, has filed for an IPO, saying Monday in a regulatory filing that it is looking to raise $100M on the NASDAQ Global Select Market as GPRO. The firm's founder, ...

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May 19th,2014

Qualcomm Ventures Gets Exit At BYOD Software Maker Divide

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has scored an exit this morning, at bring-your-own-device (BYOD) software developer Divide. Divide said this morning that it has been acquired by Google, and will go to...

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May 19th,2014

SweetLabs Launches New Offerings For Android

San Diego-based SweetLabs, the app install platform developer headed by Darrius Thompson, said last week that it has launched a new app install platform aimed at Android devices. SweetLabs said its new App Install Platform is targeted at An...

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May 16th,2014

TrueCar Prices IPO

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 million shares of its stock at $9 per share. The pricing was below the company's earlier, estimated IPO range of $12.00 to $14.00 per share. The company ...

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May 14th,2014

CAA Ventures Into DarbySmart

Los Angeles-based CAA Ventures, the venture capital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. San Francisco-based Darby Smart said this morning that it h...

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May 14th,2014

Unitas Global Joins Cloud Security Group

Los Angeles-based Unitas Global, the enterprise private cloud provider led by Grant Kirkwood, said this morning that it has joined an industry group called the Cloud Security Alliance. Unitas Global said the move woudl strengthen its missio...

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May 13th,2014

Swagbucks Raises $60M, Sets Davis As CEO

Los Angeles-based Swagbucks, the web-based rewards and offers site, said this morning that it has raised $60M in funding--the company's first, external capital round--and also appointed Chuck Davis as CEO of the company. According to Swagbu...

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May 13th,2014

Metacloud Adds Virtual Extensible LAN Support

Pasadena-based Metacloud, the provider of OpenStack-based private cloud deployment services, said it has begun supporting what is called Virtual Extensible LAN (VXLAN) networking support. According to Metacloud, the move eliminates the typi...

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May 12th,2014

Adform Raises $5.5M In Series B To Bolster Efforts In US

Online advertising technology provider Adform announced today that it has raised $5.5M in a Series B funding round, as part of the company's expansion into the United States. The company--which has a chunk of its U.S. operations in Los Ange...

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May 12th,2014

Lumena Pharmaceuticals Acquired By Shire

San Diego-based biopharmaceuticals developer Lumena Pharmaceuticals has been acquired by UK-based Shire plc, in a deal worth $260M plus earn out, the companies said this morning. Shire said the buy would help add to its rare diseases portfo...

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May 9th,2014

Quippi Expands Partner List In Mexico

San Diego-based Quippi said this week that it has expanded its list of partners in Mexico. The startup--which is backed by Avalon Ventures--operates a financial service which lets consumers in the U.S. send money in the form of gift cards t...

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May 9th,2014

ImaginAb Raises $21M

Los Angeles-based ImagineAb, a developer of biotechnology used for molecular imaging, said Thursday that it has raised $21M in a Series B financing round. The funding was led by Merieux Developpement, and also included Novartis Venture Fund...

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May 8th,2014

TVC Capital Backs LiquidPlanner

San Diego-based growth equity investor TVC Capital is the lead investor in LiquidPlanner, a developer of online project management software this morning. LiquidPlanenr said it raised $8M in a Series B funding from TVC Capital, the first ven...

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May 7th,2014

Beauty Noted, Founded By USC Student, Gets $2.2M In Funding

Beauty Noted, an online beauty and cosmetics social discovery site founded by USC student Sarah Kortschak, said Tuesday that it has raised $2.2M in a funding round. The startup--which is based in San Francisco--said the funding came from Ko...

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May 7th,2014

Metacloud Gets $15M More

Pasadena-based managed cloud provider Metacloud has raised $15M more, in a Series B funding round, the company said this morning. The startup--which helps companies deploy OpenStack-based, private clouds--said the funding came from Pelion V...

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May 7th,2014

Convertro Acquired By AOL For $101M

Score another exit for technology veteran Jeff Zwelling. Los Angeles-based online advertising attribution technology developer Convertro has been acquired by AOL, in a deal worth approximately $101M. According to AOL late Tuesday, it will p...

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May 6th,2014

HG Data Raises $2M More

Santa Barbara-based HG Data, a developer of B2B sales and marketing tools, said today that it has raised $2M in an additional Series A funding. The funding was led by Rincon Venture Partners, and also included Epic Ventures and angels. Acco...

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May 5th,2014

Cirro Lands Strategic Investment From GE Ventures

Aliso Viejo-based Cirro, a developer of enterprise,d ata integration and analysis software, announced this morning that it has received a strategic investment from GE Ventures. The company said the strategic funding ronud came as part of it...

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May 2nd,2014

LA Mayor Garcetti Launches Entrepreneur-in-Residence Program

In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and pol...

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May 2nd,2014

SpaceX Gets Injunction Against ULA

Hawthorne-based SpaceX, the commercial rocket firm led by technology mogul Elon Musk, has scored a win in the courts, and has been granted an injunction by a U.S. Court of Federal Claims judge in a lawsuit against the United Launch Alliance...

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May 1st,2014

Upfront Gets Exit At Awe.sm

Los Angeles-based venture investor Upfront Ventures has scored a win at social media analytics and measurement startup Awe.sm this morning. San Francisco-based Unified, a provider of cloud marketing technology, said it has acquired Awe.sm, ...

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May 1st,2014

LionsGate Extends Into Video Games, Interactive Media

Santa Monica-based movie and entertainment company Lionsgate said late Wednesday that it is expanding into a new line of business, and has launched a new, interactive and game arm. Lionsgate said that it has named digital media entrepreneur...

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May 1st,2014

Qualcomm Spins Out Retail Solutions Unit

San Diego-based Qualcomm said late Wednesday that it is spinning out its Qualcomm Retail Solutions (QRS) unit as a new company, Gimbal, Inc., in a deal with a group of third party investors. Qualcomm said that the new business is being fund...

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April 30th,2014

Otonomy Gets $49M In New Funding

San Diego-based biopharmaceuticals developer Otonomy--which is developing treatments for inner and middle ear disorders--has roped in a big, $49M funding, the company announced this morning. The Series D funding came from Jennison Associate...

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April 28th,2014

Xirrus Raises $10M More

Thousand Oaks-based wireless hardware provider Xirrus has raised yet another $10M in funding, according to a regulatory filing from the company Monday. Details on the funding have not yet been announced by the company. The company apparentl...

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April 28th,2014

Verdezyne Lands $48M In Funding Via Malaysia

Carlsbad-based renewable chemicals technology developer Verdezyne reported this morning that it has scored a new, $48M funding round from a Malaysian multinational conglomerate, Sime Darby Berhad. The startup--led by E. William Radany--said...

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April 25th,2014

Domain Elite Invests In SMART Medical Systems

Domain Elite, the joint venture between San Diego investor Domain Associates and China's Elite Consulting, said today that it has made an investment in SMART Medical Systems, a developer of endoscopy and colonoscopy products. Domain Elite s...

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April 24th,2014

Connectivity Finds $6.35M

Los Angeles-based Connectivity announced today that it has raised $6.35M in a Series A funding, for the company's customer analysis software for businesses. The startup said the funding round was led by Greycroft Partners, and also included...

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April 23rd,2014

Facebook Gets Clearance From FTC For Oculus VR Buy

Facebook has received antitrust clearance from the Federal Trade Commission, for its acquisition of Irvine-based Oculus VR, the FTC said today. Facebook had said it would pay $2 billion for Oculus VR back in March. Oculus VR is a maker of 3...

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April 23rd,2014

uSamp Reports Record Quarter

Los Angeles-based survey and sampling provider uSamp said Tuesday that it had a record quarter, saying it saw revenues grow by 42 percent, year over year. Actual financials were not released by the company. uSamp said the growth came due to...

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April 22nd,2014

The Chernin Group, AT&T Invest $500M In Online Video

Los Angeles-based investor The Chernin Group and AT&T said this morning that the two have created a new, joint venture, which will acquire, invest, and launch over-the-top (OTT) video services. According to the two, they have committed a to...

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April 21st,2014

Enplug Gets $2.5M

Los Angeles-based Enplug, a company that develops digital displays which display real time, social media from Twittter, Facebook, Yelp, and elsewhere at retail locations, has raised $2.5M in a seed funding round. Enplug said the investment ...

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April 21st,2014

Southern California Firms Raise $762.88M in Q1

The latest numbers are out on venture capital investments in Southern California from PricewaterhouseCoopers and the National Venture Capital Association, finding that the region had nearly $762.88M invested in companies in the region durin...

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April 21st,2014

Verdezyne Hits Production Milestone

Carlsbad-based biotechnology developer Verdezyne said this morning that it has hit a key production milestone. The company--which is developing processes for developing renewable chemicals--said it has produced more than one metric ton of b...

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April 18th,2014

Bringing The Power Of Mobile To The Construction Industry, With TRUCKAST

When you think about hot sectors for startups, the construction industry is not typically the first place you'd expect. So, we were surprised to learn about the backing that Los Angeles-based mobile app provider TRUCKAST (www.truckast.com) ...

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April 17th,2014

ZEFR Names New VPs

Venice-based ZEFR said Thursday that it has named a new set of VPs. According to the company, it has named Rick Song as its new Global Head of Media Solutions Sales, and named Michael Saperstein as Head of Media Sales (East, Central, Canada...

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April 16th,2014

My Damn Channel Becomes Omnivision Entertainment

Web video content provider My Damn Channel--led by Rob Barnett and Warren Chao--has relaunched the company, and changed its name to Omnivision Entertainment, the company recently announced. The company--which has operations in both New York...

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April 16th,2014

textPlus: Turn Your Amazon Kindle Fire Into A Phone, Today

Tired of waiting for Amazon.com to actually release a phone version of the Amazon Kindle Fire? Marina Del Rey-based mobile app developer textPlus said Tuesday that its software can turn existing, Kindle Fire into a phone, using textPlus ove...

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April 15th,2014

Zya Sees Big Bump In Downloads

Mobile music game Zya, which was developed by Calabasas-based Music Mastermind, has now been downloaded more than 350,000 times, according to the app developer, up dramatically from the 250,000 downloads the company had reported right befor...

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April 14th,2014

Expose Takes Aim At Cool Planet's Mike Cheiky

A new expose from The Verge--published Monday--has taken aim at Mike Chieky, the founder of three of the Southern California clean technologies companies to gain the most venture capital in this region in recent years: Cool Planet, ZPower, ...

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April 14th,2014

Storefront Expands Popup Marketplace To LA

Storefront, which operates an online marketplace for pop-up storefronts--those ubiquitous, limited time retail stores--has opened up its service in Los Angeles, after raising $7.3M in funding. The San Francisco a startup said Los Angeles is...

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April 11th,2014

Report: Tinder Now Valued Over $5 Billion

Los Angeles-based Tinder, the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. Bloomberg said that IAC recently bought 10 percent of Tinder from venture capitalist Chama...

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April 10th,2014

Former Maker Execs Sue To Stop Disney Acquisition

Former Maker Studios CEO and co-founder Danny Zappin--along with three other former executives of the company--have filed a lawsuit seeking a temporary restraining order seeking to stop the acquisition of Maker Studios by Disney. Disney sai...

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April 8th,2014

Sequent Medical Snags $20M

Aliso Viejo-based Sequent Medical, which is developing medical devices for treating aneurysms, said Tuesday that it has raised $20M in a Series D funding. The funding was led by Delphi Ventures, and also included Domain Associates, US Ventu...

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April 8th,2014

TYLT Labs' New Seed Fund And The Promise Of Silicon Beach

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. However, that's slowly starting to change, as investors have started...

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April 8th,2014

Atara Biotherapeutics Bolsters Board, Executives

Thousand Oaks-based drug development company Atara Biotherapeutics announced this morning that it has added Matthew K. Fust as a board member, and hired Mitchall G. Clark as its Chief Regulatory and Quality Assurance Officer. Fust was most ...

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April 7th,2014

Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

Who were the biggest winners in the successful IPO of Santa Monica-based Rubicon Project? Based on Rubicon's current price (around $19.24 per share in trading Monday), the biggest winner from the IPO last week was venture capital fund Clear...

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April 7th,2014

Los Angeles Venture Investors Get Their Mojo Back

For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting...

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April 4th,2014

TrueCar Files For IPO

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. The IPO is being underwritten by Goldman, Sachs & Co. and J.P. Morgan. TrueCar--which is led ...

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April 4th,2014

Swarm Aims To Rejuvenate San Diego's Software Industry

It hasn't been a great few months for San Diego's software and technology industry, as the city has seen three, big software companies move their operations, and thousands of jobs, to Texas. However, in a bid to rejuvenate and re-energize...

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April 4th,2014

Lumena Pharmaceuticals Files For IPO

San Diego-based Lumena Pharmaceuticals has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $75.0M in a public offering. Lumena said that it has applied to list on the NASDAQ Global Market as LIVR. Lumena'...

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April 3rd,2014

AwesomenessTV Acquires Big Frame

Los Angeles-based AwesomenessTV--which is now part of Dreamworks--has acquired Big Frame, another local YouTube network operator. According to AwesomenessTV, it will pay $15M in cash, including repayment of outstanding debt, for Big Frame, ...

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April 3rd,2014

StyleHaul Names Content Head

Los Angeles-based StyleHaul, which operates a YouTube network focused on fashion and beauty, said this week that it has named Mia Goldwyn as the company's Chief Content Officer. Goldwyn was most recently Vice President of Business Developme...

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April 2nd,2014

Rubicon Project Up 33.60 Percent In IPO

April 2nd,2014

Rubicon Project Prices IPO

Los Angeles-based online advertising technology provider Rubicon Project priced its IPO last night, saying that it is selling 6,770,995 shares of its common stock at $15.00 per share. Rubicon Project will begin trading this morning, on the ...

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April 1st,2014

Cool Planet Energy Raises $100M

Cool Planet Energy Systems, which is developing biofuel technology which it says is carbon negative, and as a byproduct also creates a soil amendment called biochar, has raised $100M in a Series D funding round, the company said Monday. The...

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March 31st,2014

Pluto.TV Takes On Media Aggregation

Los Angeles-based Pluto.TV, a new company led by startup veteran Nick Grouf, said Monday that it has launched a brand new, video platform which will curate streams of video content around music, sports, news, entertainment, and many other a...

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March 31st,2014

Correction: 3D Ram Semiconductor Developer Gets Funding

Update: Crossbar informs us that its investment announcement incorrectly identified the investor in this story as Tao Venture Capital Partners, when it should be an entirely different company -- Tao Invest, the investment fund of Nick and J...

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March 31st,2014

Decoding Signal From Noise For Wall Street, With Bitvore

In today's electronic world, there is an immense number of data sources creating millions of data points that companies are hoping to make sense of. That data--if you could just find the right piece--could be useful in a number of areas, pa...

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March 28th,2014

2U Raises $120M In IPO

2U, an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. The company--which runs online degree programs for the University of Sou...

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March 28th,2014

AirPush's Asher Delug: Bootstrapping Your Way To $100M

Los Angeles-based mobile advertising company Airpush has quietly grown to around $100M in annual revenues, according to a recent ranking from Forbes--a big surprise, as the company was completely bootstrapped by founder Asher Delug, who esc...

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March 27th,2014

SoCal Investors Score With Klout Acquisition

A number of Southern California angel investors, and one of its venture firms, have scored an exit over at social media influence measurement startup Klout, as the San Francsco company said Thursday that it is being acquired by Lithium Tech...

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March 27th,2014

Santa Monica Threatens Silicon Beach Growth By Taking Aim At Airport

In a move which threatens the growing Silicon Beach technology industry, the Santa Monica City Council voted last night to downsize the Santa Monica Airport. The council has expressed the desire to close the airport, and is gearing up for l...

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March 26th,2014

Forbes Midas List Gives Cold Shoulder To SoCal VCs

The latest annual ranking of venture capitalists by Forbes has given a cold shoulder to Southern California venture capitalists. The Forbes Midas List, which was published Wednesday, did not name a single, Southern California investor. Th...

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March 26th,2014

TubeMogul Files For IPO

TubeMogul, the developer of software for helping companies manage their digital video advertising which has operations in Los Angeles, has filed for an IPO. TubeMogul said in its S-1 Wednesday that it is looking to raise up to $75.0M on the...

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March 26th,2014

Kareo: Bringing The Power Of the Cloud to Small Medical Practices

One of the biggest areas where the cloud is transforming business is in small and medium sized businesses--where suddenly, companies are able to leverage software which wouldn't be available, or are too costly for them to implement indivi...

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March 25th,2014

Assay Depot Scores $3M In New Funding

San Diego-based Assay Depot, which operates an online marketplace focused on scientific services, said this morning that it has raised $3M in a Series B funding round. The funding was led by Bootstrap Venture Fund. Assay Depot operates a ne...

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March 25th,2014

TakeLessons Finds $7M For Private Lessons Marketplace

San Diego-based TakeLessons, the online private lessons marketplace startup led by Steven Cox, said this morning that it has raised $7M in a venture funding round. The funding was led by Lightbank, and also included Crosslink Capital, SoftT...

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March 24th,2014

Maker Studios Acquired By Disney For $500M

Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company, in a deal worth $500M, plus up to $450M in performance earn out. According to The Walt Disney Company, the deal will provide it with "ad...

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March 24th,2014

Sonendo Finds $10M In Venture Debt Funding

Laguna Hills-based Sonendo, a developer of a cleaning system aimed at improving root canals, said today that it has raised $10M in venture debt. The company said the funding came from Oxford Finance LLC. Terms of the debt were not announced...

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March 21st,2014

Flywheel Updates Taxi App

Mobile app developer Flywheel, which has been arming taxi companies in Los Angeles with their own, Uber-style mobile app, said this week that it has launched a brand new version of its app for the iPhone. According to Flywheel--which is cur...

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March 21st,2014

Miven Venture Partners Gets IPO Exit At A10 Networks

Newport Beach-based Miven Venture Partners, the private investment arm of Linksys founder Victor Tsao, has scored an exit in one of its portfolio companies, A10 Networks, after that company's successful IPO this morning. It's unclear how bi...

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March 21st,2014

Otonomy Appoints New Board Member

San Diego-based Otonomy, a biopharmaceuticals company developing treatments for disorders of the inner and middle ear, said Thursday that it has added Vickie Capps to its board of directors. Capps was previously EVP, CFO, and treasure for D...

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March 20th,2014

Rubicon Project Sets IPO Range

Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 and $17.00 per sh...

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March 20th,2014

Welltok, Backed By Trio Of Socal Investors, Buys Mindbloom

Welltok, a developer of online applications to help employees improve their health--and also help companies manage their health programs--has acquired Mindbloom, a developer of mobile apps for improving your health. Welltok is backed by a t...

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March 20th,2014

Zadara Powers Farming Data Provider

Irvine-based Zadara Storage, which provides cloud-based, enterprise storage technology, reports that its products are being used by a provider of farm data. Zadara said its products are being used by Farm Intelligence2 of Mankato, MN, a pro...

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March 19th,2014

Women's Venture Capital Fund Boosts Advisory Board

Women's Venture Capital Fund, a venture capital investment fund focused on investing in what it calls "gender diverse" teams, said today that it has added a Harvard Business School professor to its advisory board. The fund said it added Pro...

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March 18th,2014

uSamp Shuffles Executives

Los Angeles-based polling and sampling technology and services provider uSamp is shuffling its executives today, saying that it has named Ted Bouzakis as the company's new Executive Vice President of Sales, replacing George Llorens. In addi...

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March 17th,2014

Auction.com Adds Former Oracle CFO To Board

Irvine-based online real estate marketplace Auction.com--fresh off a massive funding round from Google--is further bolstering its board, with the addition of former Oracle Chief Financial Officer Jeff Epstein. Epstein is an operating partne...

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March 17th,2014

Kurion Opens New Office In Toyko

Irvine-based Kurion, the venture-backed startup which has been contributing its technology to the cleanup of the Fukushima nuclear power plant, is setting up a new office in Tokyo, to support the company's continued work at the devastated n...

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March 13th,2014

Brighter Expands Dental Care Marketplace Into Orange County

Brighter.com, the online marketplace for dentists which is looking to bring upfront pricing to the dental market, said Thursday that it has expanded beyond Los Angeles and into Orange County. The venture backed startup--led by serial entrep...

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March 13th,2014

AnaptysBio Gets $17M in Licensing Deal

San Diego-based AnaptysBio, a biopharmaceuticals firm focused on the development of therapeutic antibodies, announced a deal today with TESARO. According to AnaptysBio, it will receive an upfront license fee of $17M from TESARO, plus receiv...

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March 13th,2014

uSamp Rolls Out New API, Platform

Los Angeles-based online survey and sampling services and technology provider uSamp said Wednesday that it has rolled out a new, fully open Application programming interface (API). The new API is part of its new SampleCORE platform, which i...

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March 12th,2014

Domain Associates, Versant Get Another IPO Exit

Two, Southern California venture investors have scored another paired exit today, after South San Francisco-based Achaogen debuted on the NASDAQ Global Market as AKAO. Both Domain Associates and Versant Ventures had an exit via another, bio...

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March 12th,2014

Funny Or Die's Latest Star: President Obama

Los Angeles-based online humor site Funny Or Die has a new hit on its hands: a suprise episode of Between Two Ferns with Zach Galifianakis with President Barack Obama, where the two trade jabs and Obama plugs the Healthcare.gov site. The ep...

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March 11th,2014

Oculus VR Poaches VR Expert, Starts New Seattle Office

Irvine-based virtual reality hardware developer Oculus VR announced this morning that it has hired on Atman Binstock--a well known expert in virtual reality--as its new Chief Architect. Binstock was previously at Valve, heading up that comp...

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March 11th,2014

How ZEFR Is Helping Hollywood And Brands Understand YouTube

Want to understand the world of YouTube? There's no better way than post thousands of pieces of content online and see what happens -- and realize that the tools weren't there to truly figure out what was happening. Venice-based Zefr (www.z...

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March 11th,2014

Lumena Pharmaceuticals Gets $45M

San Diego-based Lumena Pharmaceuticals, a biopharmaceuticals firm developing treatments for liver disease, said today that it has raised $45M in a Series B funding. The funding was led by New Enterprise Associates, and also included Adage C...

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March 10th,2014

TYLT Lab Raises $20M For SoCal Venture Investments

A new, Los Angeles-based venture capital firm--TYLT Lab--said Monday that it has raised $20M in an initial close towards its early stage, seed investment fund. According to the new venture firm, it is focused on early stage, seed to A-round...

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March 10th,2014

ParkMe Improves Web Mapping Features

Los Angeles-based ParkMe, which offers up an online service and mobile apps to help drivers find nearby parking spaces, has rolled out a new, improved web mapping interface. The company has updated its web service with ability to save reser...

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March 10th,2014

LeisureLink Acquired By VacationRoost

Pasadena-based LeisureLink, the developer of travel booking software for the vacation rental market, has been acquired by VacationRoost, which operates an online vacation rental marketplace. Financial terms of the buy were not announced. Le...

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March 7th,2014

Zya Dangles Record Deal, Cash To Users

Do you have what it takes to score a major label record deal? Zya, the mobile music game developed by Music Mastermind, said Friday that it will offer players of the game an opportunity to win a recording contract and $10,000 in cash. Accor...

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March 7th,2014

Emotient Gets $6M For Facial Expression Recognition

San Diego-based Emotient has raised $6M in a funding round, to go towards the company's technology for facial expression recognition, the company said Thursday. The funding was led by new venture capital fund Handbag, which is led by Seth N...

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March 7th,2014

General Assembly Raises $35M In Funding Round

General Assembly, which conducts classes on web development, Photoshop, Javascript, digital marketing, and all kinds of other topics through its location in Los Angeles, has just scored a $35M funding round, a Series C for the company. The ...

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March 6th,2014

San Gabriel Valley: Bitcoin Creator Not The Only Inventor In Town

If it seems strange to find the inventor of Bitcoin living in the San Gabriel Valley, it's actually not all that surprising given the area is home to one of the most prominent research universities in the United States, The California Ins...

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March 5th,2014

Santa Monica To Get Silicon Valley Coffee Chain Philz Coffee

In another sign that Southern California--and particularly, Santa Monica--is gaining further credibility as a recognized technology center: Philz Coffee, a coffee chain which is synonymous with being at the tech epicenters of Silicon Valley...

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March 5th,2014

Metacloud Gets Win At Ooyala

Pasadena-based managed cloud provider Metacloud has scored a high visibility win, over at digital video provider Ooyala. According to the companies, Ooyala is using Metacloud's services as part of a private cloud implementation. Financial i...

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March 5th,2014

Newest Billion Dollar SoCal Startup: Auction.com

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 billion startup--which puts it in the ran...

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March 3rd,2014

ActiveReplay Gets $2.1M For Action Sports Tracker

Los Angeles-based ActiveReplay, the startup founded by Anatole and David Lokshin developing devices which can track all kinds of alpine sports, has raised $2.1M in a seed funding round, according to a regulatory filing by the firm Monday. D...

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February 28th,2014

Adaptive Medias Names CTO

Irvine-based Adaptive Medias, the developer of programmatic advertising technology which acquired StartEngine's Ember back in December, said Thursday that it has named Bryan Nguyen as its Chief Technology Officer. Nguyen has previously serv...

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February 28th,2014

Quick Pitch Friday: Taher Scherzay, Thaeres

For our pitch today, we have an interview with Taher Scherzay, founder of Thaeres (www.thaeres.com), a Los Angeles area startup developing subscription and recurring payment processing services. Scherzay was previously the CTO at CrowdGat...

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February 26th,2014

Lynda.com's Lynda Weinman Backs EdSurge

Lynda Weinman, the co-founder of online video education site Lynda.com, is one of the angel backers in a funding round for online education-technology news publisher EdSurge. EdSurge said this morning that it had raised $1.5M in a funding r...

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February 26th,2014

ZEFR Lands $30M More

Venice-based ZEFR, which helps brands to better identify their fans on YouTube, said today that it has raised $30M in a new funding round. The funding was led by Institutional Venture Partners, and also included U.S. Venture Partners, Shast...

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February 25th,2014

Upfront Re-Ups On Deliv

Los Angeles-based venture investor Upfront Ventures has re-upped its investment in Palo Alto-based Deliv, which provides same-day delivery services to local mall retailers. According to Deliv, it raised $4.5M in a round of investment from m...

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February 25th,2014

Thesan Pharmaceuticals Adds $49M

San Diego-based Thesan Pharmaceuticals, which is developing treatments for acne and atopic dermatitis, said today that it has raised $49M in a Series B financing round. The funding round was led by Novo Ventures, and also included SV Life S...

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February 24th,2014

Burstly Acquired By Apple

Los Angeles-based Burstly, the developer of app analytics and testing software, has quietly been acquired by Apple. Financial terms of the buy were not disclosed. The acquisition is not a surprise to Apple app developers, who have widely ad...

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February 24th,2014

Avalon Ventures Gets Exit At Cloudant

San Diego-based venture investor Avalon Ventures has scored an exit this morning, after IBM said it has acquired Boston-based Cloudant, a developer of a NoSQL-based, cloud-based database. Financial terms of the buy were not disclosed. Cloud...

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February 24th,2014

Blackstone Expands Student Entrepreneurship Program To SoCal

Private equity investment firm Blackstone said Friday that it is expanding its university entrepreneurship program, Blackstone LaunchPad, to Southern California. Blackstone's charity arm, the Blackstone Charitable Foundation, runs the pro...

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February 21st,2014

MindBody Raises $50M

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. The company--which develops software-as-...

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February 20th,2014

textPlus Launches International Calling App

Marina Del Rey-based textPlus, the venture-backed developer of mobile texting and calling applications, said Wednesday that it has launched a brand new, international calling app called GlobePhone. According to the company--which is backed ...

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February 19th,2014

Shopzilla Buys Connexity

Los Angeles-based Shopzilla, the online comparison shopping site owned by Symphony Technology Group (STG), announced today that it has acquired Ventura-based Connexity, the programmatic media buying company led by Dave Gross. Financial term...

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February 19th,2014

Nativo Signs Up Major Newspaper Groups

Los Angeles-based native advertising technology provider Nativo, which is led by Justin Choi and is venture backed by Greycroft Partners, e.ventures and Signia Venture Partners, has signed up five major newspaper groups as customers, the co...

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February 18th,2014

inLA Looks To Galvanize Los Angeles Entrepreneurs, Investors

The Los Angeles County Economic Development Corporation (LAEDC) said Tuesday that it has launched a new effort to help galvanize and promote the technology and "innovation economy" in Los Angeles, called inLA. According to the LAEDC, the ne...

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February 18th,2014

Lessons Learned From The Accelerator Trenches: MuckerLab's Erik Rannala

Over the last few years, there's been an explosion in startup accelerators in Southern California, and in particular along "Silicon Beach" on the Los Angeles westside. One of the accelerators to emerge out of that boom a few years ago was...

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February 18th,2014

Metacloud Launches Private Cloud Service

Pasadena-based Metacloud, the venture-backed provider of OpenStack-based cloud services has launched its own private cloud service, the company said this morning. According to Metacloud, its new Metacloud Hosted Private Cloud service will p...

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February 14th,2014

Permira Completes $200M LegalZoom Buy

The deal by private equity firm Permira to acquire the majority stake in Glendale-based egalZoom is now complete, according to Permira. Permira said Friday afternoon that it successfully completed its acquisition of more than $200M of the o...

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February 14th,2014

Rustic Canyon Backs UrbanSitter In New Funding

Los Angeles-based venture capital investor Rustic Canyon Partners is one of the return backers of online babysitting marketplace UrbanSitter, participating in UrbanSitter's new $15M Series B funding. UrbanSitter said the new funding round w...

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February 14th,2014

DogVacay Looks To Staff Up

Los Angeles-based online dog sitting marketplace DogVacay appears to be in growth mode, based on a recent notice the company sent out to its blog. According to DogVacay--which already has more than 50 employees--it is hiring customer servic...

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February 13th,2014

Global Village Concerns Gets Debt Funding For E-commerce Platform

San Diego-based Global Village Concerns, which provides an online service which helps school with their branding and marketing--via online e-commerce shops with branded merchandise and gear--has raised ar round of debt funding. Size of the ...

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February 13th,2014

textPlus Offers Up Valentine's Day Calling For Free

Marina Del Rey-based mobile communications app and service provider textPlus will be offering up free calling through its app for Valentine's Day, according to the company. textPlus said it will let users call friends and family on Friday, ...

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February 12th,2014

Trio Of SoCal Investors Back Welltok

Three, local venture capital investors -- Miramar Venture Partners, Okapi Venture Capital, and Qualcomm Ventures -- are part of a group investing $22.1M in healthcare software developer Welltok, which announced a big funding round this morn...

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February 12th,2014

Bridging The Gap Between Students And Startups, With TechLA

There's a gap between the robust, growing technology startups in Los Angeles and the many students graduating from local universities, according to Steven Dietz, who is a venture capitalist at LA's Upfront Ventures. Steve is helping to sp...

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February 11th,2014

Peter Marx: How A Tech Insider Can Improve The City Of LA

In government, there's often superficial talk about adopting technology and working with industry--most of which is out of sync with the actual technology industry and reality, and is more window dressing than anything else. However, in a ...

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February 10th,2014

FreedomPop Dangles Unlimited Mobile Plans At $5 A Month

Wish you could get unlimited voice and text on your phone for less than $5 a month? Los Angeles-based FreedomPop is doing exactly that, saying this morning that it has launched a new plan which costs $4.58 per month and gives you unlimited,...

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February 10th,2014

Mast Therapeutics Buys Aires Pharmaceuticals

San Diego-based biopharmaceuticals developer Mast Therapeutics announced this morning that it has acquired AIres Pharmaceuticals, a company developing therapies to treat pulmonary vascular disorders. Mast Therapeutics said the deal is an al...

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February 7th,2014

Quick Pitch Friday: Shawn Peterson, Underbuilt

We're experimenting with a new feature for our site: quick pitches from very early, local startups who haven't had much (or any) funding. Today's is with Shawn Peterson, founder of Los Angeles-based Underbuilt (www.underbuilt.com), an onlin...

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February 5th,2014

TradeYa Gets $1.1M

Santa Monica-based TradeYa said Wednesday that it has raised $1.1M in a venture capital funding, to launch its social platform for trading goods and services. The funding came from angel investors, including Chris Hameetman (Tech Coast Ange...

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February 5th,2014

Rubicon's IPO Filing: Who's Next?

The IPO filing by Rubicon Project is not only notable for one of Southern California's's fast growing Internet advertising companies: it looks to be the the first IPO filing by a venture-backed, technology startup since 2012. Although the r...

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February 5th,2014

Inogen Sets IPO Range

Goleta-based medical equipment maker Inogen has set the pricing range for its IPO, saying in a filing with the SEC that it expects its stock to price at between $16.00 and $18.00 per share. The company is offering up 3,529,411 shares of its...

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February 5th,2014

Rubicon Project Files For IPO

Los Angeles-based online advertising technology developer Rubicon Project has filed for an IPO, saying in a filing with the SEC that it is looking to sell up to $100M in its stock in an IPO on the New York Stock Exchange. The company said i...

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February 5th,2014

Auspex Prices IPO

La Jolla-based biopharmaceuticals developer Auspex Pharmaceuticals has priced its IPO, saying it will offer up 7,000,000 shares of its common stock at $12.00 per share. The company will begin trading this morning as ASPX on the NASDAQ Globa...

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February 5th,2014

REC Solar Shifts To Commercial Market, Sells Consumer Operations

San Luis Obispo-based solar power installer REC Solar said Tuesday that it has shifted its operations to the commercial market, and has sold its consumer operations to Sunrun. Financial terms of the sale were not announced. REC Solar said t...

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February 4th,2014

One Kings Lane Snags Chief Technology Officer From Zappos

One Kings Lane, the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new Chief Technology Officer....

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February 4th,2014

REGEN Energy Gets $7M For Energy Management Technology

Newport Beach-based REGEN Energy announced today that it has raised $7M in a new funding round, as part of an initial close of a Series B funding. The company--which develops electric load management and demand response products for the ele...

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February 4th,2014

JMI Equity Backs AtTask

San Diego-based private equity investor JMI Equity is the lead in a $38M funding for project management software developer AtTask. According to AtTask, it raised $38M in the Series D growth funding for its project management software, and w...

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February 4th,2014

Kofax Names New Board Member

Irvine-based Kofax, which develops software for document capture and automation, said this morning that it has named James A. Urry as a member of its board of directors. Urry is a Partner at Augusta Columbia Capital Group, and also has serv...

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February 3rd,2014

Snapchat Adds $4.5M More To $50M Round

Venice, California-based Snapchat, the developer of the popular social media app, has added $4.5M in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. Det...

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February 3rd,2014

One Kings Lane Finds $112M More For Home Furnishings

One Kings Lane, an online, flash home furnishing retailer which has offices and one of its founders (Susan Feldman) in Los Angeles, disclosed that it has raised $112M in a Series E funding round. The funding came from Mousse Partners, Klein...

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February 3rd,2014

TheBouqs.com Launches New App

Online flower delivery startup The Bouqs Company, which is based in Los Angeles, announced today that it has launched a brand new app, which allows customers to send flowers directly from their smartphone or tablet to friends, colleages, ...

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January 30th,2014

Topspin In Major Layoffs, Says Report

Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports, with a majority of the company's staff getting the pink slip. The startup offered up web-based apps to help artists and lab...

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January 30th,2014

AnyMeeting Debuts New Web Conferencing Product

AnyMeeting, the developer of web and video conferencing software aimed at the small business market, said today that it has launched a new, web conferencing product called AnyMeeting Company Pro. According to the company, the new tool provi...

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January 29th,2014

OneRoof Energy Opens API

San Diego-based solar power installer OneRoof Energy--which is venture backed by Black Coral Capital, GDF SUEZ Energy North America, Hanwha International, MS Solar Holdings--said Wednesday that it has opened up access to an application prog...

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January 29th,2014

Kurion Buys Engineering Firm, Triples Staff

Irvine-based nuclear and hazardous waste remediation technology developer Kurion, which is venture backed by Lux Capital, Firelake Capital Management and Acadia Woods Partners, said this morning that it has acquired Vista Engineering Techno...

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January 29th,2014

PaeDae Ties Into appMobi

Los Angeles-based mobile advertising startup PaeDae announced this morning that it has tied into Intel's appMobi effort, which will allow Intel developers to integrate with its advertising platform. appMobi develops cross platform applicati...

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January 28th,2014

Chideo Combines Celebrities, Video, Charity

Los Angeles-based Chideo, a new startup that is looking to help raise money for charities, launched today, saying that it has come up with a way that celebrities can connect with fans and help raise money for charity. The startup, which say...

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January 27th,2014

Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

Think Silicon Valley has a lock on billion dollar startups? A recent analysis by the Wall Street Journal uncovers a surprising number of Southern California startups in the billion dollar valuation -- led by Hawthorne-based SpaceX, with a $...

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January 27th,2014

TigerText Raises $21M For Secure Messaging

Santa Monica-based TigerText, the developer of secure, enterprise real time messaging systems led by Brad Brooks, announced this morning that it has raised $21M in a Series B funding round. The new funding was led by Shasta Ventures, and al...

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January 27th,2014

FreedomPop Ramps Up Community Support

Free broadband access and phone service provider FreedomPop announced this morning that it is ramping up its customer support efforts, and has opened up a new online customer support forum. The Los Angeles-based company--which offers up fre...

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January 23rd,2014

Gravity Acquired By AOL For $83M

Santa Monica-based Gravity, the real-time, personalization software developer led by Amit Kapur, has been acquired by AOL, in a deal worth $83M, plus $7.7M in earnout. According to AOL, it will use Gravity's technology to create more engagi...

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January 23rd,2014

MuckerLab Shows Off New Class Of Startups

Santa Monica-based startup accelerator MuckerLab unveiled its latest class of startups yesterday at its Demo Day, showing off the third class of companies out of its program. MuckerLab's newest class includes BloomNation, a marketplace for ...

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January 23rd,2014

The Gores Group Buys Zmags

Los Angeles-based private equity investor The Gores Group announced this morning that it has acquired Zmags Corp., a Boston-based software developer which develops self-service, publishing tools aimed at magazine publishers, catalog publish...

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January 17th,2014

Wallaby Gets PCI Certification

Pasadena-based financial startup Wallaby, the developer of apps to help consumers pick the best credit card for a specific purchase, said it has been certified by the Payment Card Industry (PCI) Security Standards Council, the group which o...

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January 17th,2014

Southern California Startups Raise More Than $598.4M In VC In Q4

Southern California's venture capital investments totaled a little more than $598.4M in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. ...

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January 16th,2014

ecoATM: Two Million Devices Recycled

San Diego-based cell phone recycling kiosk maker ecoATM -- which was recently sold to Outerwall -- reports that it has now reached more than two million phones and devices recycled in its four year history. The number of phones and devices ...

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January 15th,2014

Qualcomm Ventures Kicks Off Startup Competition

San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has kicked off its annual venture competition, the QPrize, dangling seven $100,000 regional prizes and a $150,000 grand prize. Qualcomm's competition looks to identi...

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January 14th,2014

Invoca Gets $20 Million For Call Marketing Automation

Santa Barbara-based Invoca -- better known here by its prior name, RingRevenue -- said this morning that it has raised $20M in a Series C financing round. The startup, led by Jason Spievak, said the new funding was led by Accel Partners, an...

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January 13th,2014

Retention Science Adds New Segmenting Tools

Retention Science, the developer of big data marketing and analytics tools, has rolled out a new product focused on online retailers. According to the Los Angeles startup, its new SmartSegments products is aimed at online retailers, helping...

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January 13th,2014

PowerGenix In Manufacturing Partnership

San Diego-based PowerGenix, the developer of Nickel-Zinc (NiZn) battery technology, has linked up with a new manufacturing partner, the company said this morning. PowerGenix said it has signed a MOU with Asian battery manufacturer Amperex T...

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January 10th,2014

Atara Biotherapeutics Raises $52M

Thousand Oaks-based Atara Biotherapeutics announced this morning that it is in a second close of its Series B funding round, bringing its total raised in the funding to $52M. According to Atari Biotherapeutics, the investors in the round in...

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January 9th,2014

Upfront Ventures Promotes Hudson To Principal

Los Angeles-based venture capital investor Upfront Ventures has promoted Jordan Hudson to Principal, the firm said Wednesday. Hudson has previously served at such firms as Fox Filmed Entertainment and GCA Savvian. Upfront said that Hudson w...

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January 8th,2014

SweetLabs Goes Full Circle, Adds Android Device Support

In what looks to be a full circle, San Diego-based SweetLabs said it is bringing its app recommendation and discovery platform, Pokki, to Android and other operating systems. The startup, which is backed by Bessemer Venture Partners, Google...

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January 8th,2014

Auspex Pharmaceuticals Raises $35M

La Jolla-based Auspex Pharmaceuticals, a biopharmaceuticals firm aiming at treating hyperkinetic movement disorders, announced this morning that it has raised $35M in two separate financings. According to the company, it raised $20M in a Se...

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January 6th,2014

Ranker Hits 11.5M Uniques In December

Los Angeles-based ranking and polling website Ranker, the startup led by Clark Benson and backed by Draper Associates, Rincon Venture Partners, Siemer Ventures, Lowercase Capital, BullPen Capital, Data Collective, TenOneTen Ventures, Tech C...

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January 6th,2014

YP Buys Sense Networks

YP, the local search, media, and advertising firm spun out of AT&T which has significant operations in Glendale, said today that it has acquired venture-backed Sense Networks, a provider of mobile advertising and location-based services. Fi...

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January 6th,2014

LegalZoom Sells $200M In Majority Stake To Permira

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go tow...

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January 3rd,2014

ScoreBig.com Names Goldberg CEO

Los Angeles-based online live entertainment marketplace ScoreBig.com has promoted David Goldberg to CEO, and shifted co-founder and CEO Adam Kanner to the role of executive Chairman, the company said Thursday afternoon. Goldberg was previou...

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January 2nd,2014

Siemer Ventures Backs Japanese Mobile Video Firm

Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts t...

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December 23rd,2013

Line 6 Acquired By Yamaha

Calabasas-based audio product manufacturer Line 6, a developer of guitar processing products, professional audio equipment, computer audio accessories, and more, has been acquired by Yamaha, the companies said Friday. Financial terms of the...

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December 20th,2013

Transphorm Raises $18M More

Goleta-based Transphorm, which is developing Gallium Nitride (GaN) power conversion technology which is far more efficient than existing power transformer technology, has raised another $18M in funding, part of an ongoing $20M funding round...

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December 20th,2013

National Technical Systems To Run iControl Testing Program

Calabasas-based testing and engineering services provider National Technical Systems will operate the testing lab for certification testing for iControl Networks, according to NTS. NTS said that iControl Networks has selected the company to...

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December 18th,2013

Shop-Hers Snags Funding From Elevation

Los Angeles-based online luxury resale site Shop-Hers said Tuesday that it has raised a Series A funding round, which came from Elevation Partners, as well as others. Size of the funding round was not announced. The funding also included Fl...

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December 18th,2013

Bitium In Two Partnerships

Santa Monica-based Bitium, the Amplify startup which is developing app management, single sign-on, and other cloud-based app tools, said Tuesday that it has linked up with two companies in partnerships. The company said it has partnered wit...

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December 17th,2013

Atara Biotherapeutics Gets $38.5M

Thousand Oaks-based biopharmaceuticals startup Atara Biotherapeutics announced this morning that it has raised $38.5M in a Series B funding round, for its efforts to develop treatments for patients with end-stage renal disease. The funding ...

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December 16th,2013

Holiday Shopping Plans, Factual Style

For most of us, our holiday shopping plans are mostly governed by the malls and stores we normally visit, or by the recommendations of friends and family. However, if you're a Data Scientist working over a Los Angeles-based Factual, you mig...

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December 13th,2013

Younity Takes On File Sharing, With A SnapChat-like Twist

Santa Monica-based Younity, the provider of a personal cloud file service headed by Erik Caso, said Thursday that it has launched a new feature that lets users share files, which automatically expire after a certain amount of time. The comp...

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December 13th,2013

CallFire Names Burr CEO

Santa Monica-based voice services, voice API and texting services company CallFire announced today that it has named Ronald Burr as the company 's CEO. Burr, who has been Chief Revenue Officer of the company since 2012, was the co-founder o...

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December 13th,2013

LACMA Gets Backing From Google, SpaceX For Art and Technology Lab

In an interesting indicator of the growing influence of technology companies on Los Angeles, the Los Angeles County Museum Of Art said this week that it has launched a new Art + Technology Initiative, which will give artists grants and lab ...

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December 12th,2013

TrueCar Scoops Up $30M From Vulcan Capital

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new fund...

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December 12th,2013

DFR2013: Over 700 Celebrate The socalTECH 50 At The Skirball Center

In one of Southern California's biggest holiday events of the year, over 700 people joined us last night at the Skirball Center in Los Angeles to celebrate the region's rising stars, the socalTECH 50. We partnered up with the Digital Fami...

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December 11th,2013

MomentFeed Raises $5.5M

Santa Monica-based MomentFeed, which develops mobile marketing software which lets marketers understand correlate the activities of mobile users with the physical locations of those consumers, said this morning that it has raised $5.5M in a...

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December 11th,2013

Plug.dj Finds $1.25M For Music, Video Sharing Service

Los Angeles-based Plug.dj, an online music and video sharing service, has raised $1.25M in a funding round, to bolster the company's product. The funding came from Javelin Venture Partners. The firm, which is led by Alex Reinlieb, said it w...

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December 11th,2013

RxVantage Debuts Corporate Subscription Plans

Los Angeles-based RxVantage, the venture-backed startup developing cloud-based, scheduling software for managing the interaction of physicians and biopharmaceutical and medical sales representatives, said today that it has rolled out a new ...

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December 10th,2013

Sapphire Energy In Major Commercialization Deal With Phillips 66

San Diego-based biofuels developer Sapphire Energy is in a big commercialization deal this morning with Phillips 66, the two announced this morning. According to the two, they are in a strategic, joint development which will go towards comm...

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December 10th,2013

PaeDae Wins $11.6M

Los Angeles-based PaeDae said this morning that it has raised $11.6M in a venture capital funding, in a combination of both equity and debt. The startup said the funding came from Ed Ojdana, 3G Capital, Grind Games, Silicon Valley Bank, as ...

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December 9th,2013

Qualcomm Leads Investment In Practice Fusion

The venture arm of San Diego-based Qualcomm, Qualcomm Ventures is the lead investor in a new round of funding for healthcare technology company Practice Fusion, the companies announced this morning. Accordin to Practice Fusion, it raised $1...

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December 4th,2013

Docstoc Acquired By Intuit

Santa Monica-based Docstoc, which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various ...

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December 4th,2013

Imagine Communications Acquired By Harris Broadcast

San Diego-based Imagine Communications, a venture-backed developer of video transcoding and other related, IPTV and digital video streaming hardware, has been acquired by Harris Broadcast, Harris said today. Financial terms of the acquisiti...

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December 3rd,2013

Upfront Re-Ups On Datasift

Los Angeles-based venture investor Upfront Ventures has re-upped its investment in San Francisco-based social data provider Datasift. Datasift said it raised $42M Tuesday morning, led by Insight Venture Partners and also including prior in...

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December 3rd,2013

M-GO Launches Gift Cards Into Supermarkets

Los Angeles-based movie streaming service M-GO--the joint venture of DreamWorks Animation and Technicolor--said today that it has launched new, M-GO branded gift cards into Safeway and other national retail supermarket chains. The gift card...

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December 3rd,2013

Xencor Prices IPO

Monrovia-based biopharmaceuticals developer Xencor said this morning that it has priced its IPO, at $5.50 per share, and will start trading today on the NASDAQ Global Market as XNCR. Xencor sold 12,730,000 shares of its common stock in the ...

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December 2nd,2013

Inogen Files For IPO

Goleta-based medical equipment manufacturer Inogen filed for an IPO over the weekend, saying that it plans to list on the NASDAQ Global Market under the symbol INGN. The developer of portable oxygen concentrators -- used as an alternative t...

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November 26th,2013

Virgin Galactic: Buy A Ride To Space With Bitcoins

Earlier this week, a local online travel site, CheapAir.com, said that it would take Bitcoin for air reservations--the first time in the U.S. you could use the virtual electronic currency to directly purchase airfare. However, you can trav...

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November 22nd,2013

Mission Ventures Re-Ups On Alpine Data

San Diego-based venture capital investor Mission Ventures has re-upped its investment in San Francisco-based Alpine Data Labs, a developer of Hadoop software for the big data market. Alpine Data Labs said Friday that it has raised $16M in a...

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November 20th,2013

FreedomPop Lets Users Bring Their Own Phones To Free Calling Service

In a move to sign up more consumers for the company's free mobile phone service, Los Angeles-based FreedomPop said yesterday that it will start letting users bring their old Sprint phones to its service. The company--which is offering up bo...

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November 19th,2013

WD Backs Hightail

Irvine-based WD, via its venture investment arm, Western Digital Capital, has backed online file sharing service Hightail, in a $34M Series E funding round. Hightail--which is based in Campbell, California--said the funding round also inclu...

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November 19th,2013

Announcing The Socaltech 50: Southern California's Up-and-Comers

We're proud to announce the Socaltech 50, our list of the 50, up-and-coming people in Southern California's technology ecosystem. Getting to this list was not easy: we received over 700 nominations for people to be considered on the list,...

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November 18th,2013

Xencor Delays IPO

Monrovia-based Xencor, the developer of biopharmaceutical technology headed by Bassill Dahiyat, delayed its IPO Friday, citing poor market conditions for the offering. The company had hoped to IPO on the NASDAQ Global Market. The company is...

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November 14th,2013

Tandem Diabetes Care Prices IPO

San Diego-based medical device manufacturer Tandem Diabetes Care priced its IPO last night, saying it will offer up 8,000,000 shares of its common stock at $15.00 per share. The company--which develops an insulin pump--will start trading to...

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November 14th,2013

FlightCar Expands To LAX

In the latest peer-to-peer marketplace startup to launch into Los Angeles, car rental startup FlightCar said Wednesday that it has launched its peer-to-peer, smartphone driven car rental service at Los Angeles International (LAX). The start...

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November 13th,2013

Report: Snapchat Turns Down $3 Billion Offer From Facebook

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook, according to a report today from the Wall Street Journal. According to the WSJ--citing "people briefed on the matter"--Snapc...

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November 12th,2013

Quest Software Founder's Toba Capital Re-Ups On Quorum

Irvine-based Toba Capital, the investment firm of Quest Software CEO and founder Vinny Smith, has re-upped on Quorum, a developer of appliances for disaster recovery and backup--and also taken charge of the company. According to Quorum, it ...

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November 12th,2013

Circle Street Acquired By Valassis

Los Angeles-based Circle Street, the developer of a mobile advertising service to help retailers drive local store traffic, has been acquired by media and advertising firm Valassis, according to the company's venture backer, Crosscut Ventur...

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November 12th,2013

Core Innovation Capital Backs Ripple Labs

Los Angeles-based venture investor Core Innovation Capital is backing payment protocol provider Ripple Labs, as part of a new $3.5M funding in Ripple. San Francisco-based Ripple Labs develops an open source, distributed payment protocol aim...

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November 11th,2013

The Honest Company Raises $25M More

The Honest Company, the Los Angeles-based e-commerce company founded by Brian Lee and celebrity Jessica Alba, has raised $25M more in a funding round, the firm said this morning. Thew new funding came from Institutional Venture Partners, an...

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November 11th,2013

Building Robotics Backed By Navitas Capital

Building Robotics, a developer of software to manage heating and cooling in commercial buildings, has raised $1.4M in a seed funding, which included Navitas Capital, a venture firm with offices in Los Angeles. The funding came from Claremon...

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November 8th,2013

Kelley Blue Book In Chinese Joint Venture

Irvine-based Kelley Blue Book has inked a partnership to expand its Internet content into China, the company said this week. Kelley Blue Book said it entered into a joint venture with Bitauto Holdings Limited and the China Automobile Dealer...

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November 7th,2013

At The Pool Courts Millennials With New Social Discovery App

Los Angeles-based At The Pool, the social discovery service headed by Alex Capecelatro, has launched a brand new, mobile app it says is targeted at helping people to connect and interact. The startup said the new app was "built by millennia...

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November 6th,2013

Lawsuit Targets Snapchat Founders, Venture Investors

A new lawsuit, targeting Venice, California-based Snapchat--the hottest company to emerge out of the area's high tech startup cluster in recent years--says that the company's founders stole the idea for the company from him after forcing hi...

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November 5th,2013

Silvercar Launches At LAX

Los Angeles has been a hot market for smartphone-driven services, with the latest service launching in the market today being Silvercar, a venture backed startup offering up luxury car rentals with GPS, SiriusXM satellite radio, in-car Wi-F...

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November 5th,2013

M-GO Debuts On LG Smart TVs

Los Angeles-based movie and television streaming service M-GO and electronics company LG Electronics said today that they are rolling out M-GO's service on LG's new Internet-connected, smart televisions. The two said that LG is preloading M...

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November 4th,2013

DriveCam Rebrands Itself Lytx

San Diego-based DriveCam has renamed itself as Lytx, as the company said it has evolved the company and vision beyond just devices. The company said that expansion includes a new compliance service, which helps fleets comply with safety reg...

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November 4th,2013

Cirro Gets Win At WildTangent

San Juan Capistrano-based Cirro, the developer of business intelligence software, reported a win today with WildTangent Games. Cirro said that WildTangent is using Cirro as part of its enterprise analytics architecture. Financial impact of ...

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November 1st,2013

socaltech: Last day for Nominations for the Socaltech 100!

We're trying to identify the top 100 up-and-coming individuals in Southern California's technology industry! We're looking to identify the individuals here in the technology industry, across all sectors, who are most likely to create the ne...

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November 1st,2013

The Gores Group Sells Enterasys To Extreme Networks

Los Angeles-based private equity firm The Gores Group said today that it has closed a transaction to sell Enterasys Networks to Extreme Networks, via its joint venture with Siemens AG. According to Gores Group, Unify (formerly Siemens Enter...

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November 1st,2013

Ignyta Hits Public Markets In Reverse Merger

Venture-backed biotechnology startup Ignyta, which is backed by Colt Ventures and City Hill Ventures, has gone public in a reverse merger. According to the company, it completed a reverse merger with Infinity Oil & Gas Company, which trades...

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October 31st,2013

Achates Power In Technology Deal With Piston Engine Manufacturer

San Diego-based Achates Power, which is developing more efficient internal combustion engines, has linked with a major manufacturer of opposed-piston engines, Fairbanks Morse Engine. According to the two companies, they are in a joint devel...

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October 30th,2013

Domain, Versant Portfolio Firm Veracyte Hits IPO Market

Southern California venture capital investors Domain Associates and Versant Venture saw a public exit of one of their portfolio companies this morning, molecular diagnostics equipment maker Veracyte. Veracyte debuted on the NASDAQ Global Ma...

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October 30th,2013

Insights: Venture Capital: The Times, They Are A-Changin'

For our Insights and Opinions section today--where we feature the thoughts and opinions of the local high tech community--we have an article from Jeff Grabow, of Ernst & Young, talking about the changing world of venture capital: The V...

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October 30th,2013

Amazon.com Expands In The Inland Empire

E-commerce giant Amazon.com said Tuesday that it is opening up another fulfillment center in the Inland Empire, in Moreno Valley, which it says will create more than 1,000 full time jobs. The new center will be the fourth fulfillment center...

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October 29th,2013

Magisto Gets Funding From Qualcomm

Magisto, a developer of social video editing tools, said Tuesday that it has raised $13M in a funding round, which came from San Diego-based Qualcomm, along with flash memory developer Sandisk. The Series C funding round also included Magma...

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October 28th,2013

Nativo Names Engineering VP

Los Angeles-based native advertising technology provider Nativo said this morning that it has named Oded Cohen as its new SVP of Engineering. Cohen joins the company from Digital Generation (DG), where he was VP of Engineering, heading up a...

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October 25th,2013

Aerie Pharmaceuticals Prices IPO

Aerie Pharmaceuticals, which develops therapies for treating glaucoma and other eye diseases, has priced its IPO, saying this morning that it is offering up 6,720,000 share os its common stock at $10.00 per share. The company said it will b...

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October 25th,2013

The Struggle For Maker Studios

One of Southern California's hottest Hollywood-meets-Internet companies is Maker Studios, the provider of content to YouTube. The company just raised $26M more in venture fund last month. However, all is not well at Maker: the Hollywood Rep...

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October 23rd,2013

OpenX Launches Ad Forecasting System

Los Angeles-based online and mobile advertising technology developer OpenX Technologies has launched a new system it says helps publishers forecast their traffic and manage their advertising inventory. According to OpenX, its new forecastin...

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October 22nd,2013

Avalon Ventures Backs Teambox

San Diego-based venture investor Avalon Ventures is the lead investor in a round for a developer of cloud-based, business collaboration software today. According to Teambox, which was founded in Barcelona, Spain, and which is setting up hea...

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October 22nd,2013

BeachMint Expands Product Line

Santa Monica-based BeachMint said Monday that it is expanding its product line via its JewelMint web site, with a new collection of jewelry from designer Richard Chai. The company--which runs JewelMint, StyleMint, ShoeMint and intiMINT--sai...

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October 22nd,2013

FreedomPop Links With Telespree

Los Angeles-based FreedomPop, the venture-backed startup which is offering up both free broadband as well as free phone service, said today that it has selected Telespree Communications to provide real-time data services for its 3G/4G LTE s...

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October 21st,2013

NanoH2O Plans Manufacturing Plant In China

El Segundo-based NanoH2O, the venture-backed developer of reverse osmosis membranes for seawater desalination, said Sunday that it plans to build a manufacturing facility in Liyang, China. According to NanoH2O, the new facility will be its ...

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October 21st,2013

ChromaDex Gets Strategic Investment

Irvine-based ChromaDex, a publicly held developer of phytochemical ingredients, said it received a strategic investment from DSM Venturing, the venture capital arm of Royal DSM. Size of the investment was not announced. Royal DSM is a major...

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October 18th,2013

CrossCut Ventures Gets Credit Facility

Santa Monica-based CrossCut Ventures, the venture capital investment firm founded by Rick Smith, Brian Garrett, and Brett Brewer, has received a new credit facility from Square 1 Bank, Square 1 announced this week. Size of the credit facili...

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October 18th,2013

Southern California Tech Companies Raise $709.8M In Q3

Southern California technology companies raised $709.8M in venture capital in Q3, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data From T...

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October 17th,2013

Inari Medical Gets $4.7M For Medical Device Startup

Aliso Viejo-based Inari Medical, a medical device developer incubated out of Inceptus Medical, said Wednesday that it has raised $4.7M in a Series A funding round. The funding came from Versant Venturs and U.S. Venture Partners. Inceptus sa...

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October 17th,2013

MicroPower Technologies Names VP

San Diego-based MicroPower Technologies, the developer of solar-powered, wireless surveillance cameras, said Thursday that it has named Dave Tynan as its new Vice President of Global Marketing and Business Development. Tynan had worked for ...

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October 16th,2013

Desktone Acquired By VMware

Desktone, the developer of virtual desktop software which had been founded by Los Angeles entrepreneur Eric Pulier, has been acquired by VMware. VMware announced the acquisition yesterday, but did not disclose financial details of the acqui...

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October 16th,2013

Enabling The Internet Of Things, With Greenwave Reality

What do you get when you combine a team with a deep roster of executive talent from such companies as Cisco, Apple, and Nokia, and apply that to the world of "Internet of Things"--connecting your entire home to the cloud? You get Greenwave ...

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October 15th,2013

Prolacta Opens New Facility For Human Milk Processing

Prolacta Bioscience, the venture-backed startup which is developing human milk-based products for treating premature infants, said this morning that it has opened up a new, 67,000 square foot facility in the City of Industry. The company sa...

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October 14th,2013

Embarke Raises $1.25M For Email MarketingTools

San Diego-based Embarke has raised $1.25M in a funding round, which the company's founder said came from a number of venture capitalists and angel investors. The company's backers include Anthem Ventures, La Costa Investment Group, Right Si...

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October 10th,2013

Sotera Wireless Gets FDA Clearance For Wireless Patient Monitoring

San Diego-based Sotera Wireless reports today that it has received FDA clearance for its continuous, patient blood pressure monitoring system. The venture backed startup said the U.S. Food and Drug Administration has cleared its ViSi Mobil...

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October 10th,2013

KFx Medical Wins $29M In Patent Infringement Case

San Diego-based KFX Medical, the venture-backed developer of bone implant products, has scored a big win in a patent infringement case. The company said that it was awarded $29 million by a jury in the United States District Court for the S...

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October 9th,2013

Cirro Finds $8M For Big Data Software

San Juan Capistrano-based Cirro, a developer of software for data access, exploration, and analysis, announced this morning that it has raised $8M in a Series A funding round. The round was led by Toba Capital, and also included Frost Vent...

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October 8th,2013

CapLinked Adds Advisor From Deal Room Business

CapLinked, the developer of the cloud-based, deal room and business transactions service, said Tuesday that it has added a new advisor from virtual data room provider IntraLinks. CapLinked said that it has named Dave Curran as an advisor to...

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October 8th,2013

Tandem Diabetes Care Files For IPO

San Diego-based Tandem Diabetes Care, a medical device manufacturer which makes touchscreen-enabled insulin pumps, has filed for an IPO. Tandem said it is looking to raise up to $100.0M in an IPO on the NASDAQ Global Market, trading as TNDM...

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October 7th,2013

Beats Electronics Music Streaming Launch Imminent, Says Report

Los Angeles-based Beats Electronics, fresh off of a big investment from The Carlyle Group, is getting set to launch its new music streaming service, according to a report Monday. TNW, citing Beats Electronics' President and COO Luke Wood, s...

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October 7th,2013

Boom Studios Inks Major Rights Deal With 20th Century Fox

Los Angeles-based BOOM Studios, the venture backed comic book publisher, has inked what is being called one of the most lucrative underlying rights deals ever made, in a deal with 20th Twentieth Century Fox. The startup--backed by DFJ Front...

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October 7th,2013

Earbits Debuts New iPhone Streaming App

Los Angeles-based Earbits, the music listening and discovery service led by Joey Flores, has just announced a new, free, iPhone music streaming app, which it says lets users listen to music with no commercials and no usage or skip restricti...

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October 7th,2013

Cornerstone OnDemand Bolsters Board With Eloqua Vet

Santa Monica-based software-as-a-service developer Cornerstone OnDemand said this morning that it has added former Eloqua CEO Joe Payne to its board of directors. Payne had been CEO and a member of the baord of directors of Eloqua from Janu...

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October 3rd,2013

Anthem Ventures Backs Madefire For Comic Publishing Apps

Santa Monica-based Anthem Ventures is one of the investors in MadeFire, a developer of storytelling applications, MadeFire announced Wendesday. MadeFire said it raised a $5.2M, Series A funding round for its apps, which are being used to pu...

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October 2nd,2013

Telogis Raises $93 Million

In what looks to be one of the largest, venture capital deals in Orange County so far this year, Aliso Viejo-based Telogis said Tuesday that it has raised $93M in a funding round, for the company's location-based intelligence technology. Th...

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October 1st,2013

Fate Therapeutics Up In IPO

San Diego-bsaed Fate Therapeutics, which is developing biopharmaceuticals base don adult stem cells to treat a number of orphan diseases, is up slightly in trading after its initial public offering this morning. Fate Therapeutics priced at ...

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October 1st,2013

Experian Buys 41st Parameter

Costa Mesa-based Experian, the provider of credit reporting services and related information, announced this morning that it has acquired 41st Parameter, a provider of device identification technology for the cyber security market. Financia...

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September 30th,2013

Craton Equity Partners Acquired By TCW Group

Los Angeles-based socially responsible investment company Craton Equity Partners has been acquired by another, Los Angeles investment company, The TCW Group, TCW announced today. Financial details of the deal were not disclosed. Craton Equi...

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September 27th,2013

WaveMaker Award Offers $160,000 Prize To Startups

Organizers of the annual Siemer Silicon Beach Summit said this week that they've created a new prize, worth $160,000, which it will award to a startup, in a combination of cash and services. Siemer Ventures, Manatt Digital Media, Grant Thor...

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September 26th,2013

Karlin Ventures Backs Gyft

Los Angeles venture capital investor Karlin Ventures has made another investment this week, as part of the $5M, Series A round for Gyft, a mobile gift startup. Karlin joined A-Grade Investments, Social+Capital Partnership, Karlin Ventures,...

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September 25th,2013

DFJ Frontier Names New Venture Partner

Los Angeles-based venture capital investment firm DFJ Frontier is bolstering its ranks, and has snagged an entertainment and media veteran as a new Venture Partner at the company. According to DFJ Frontier, it has added Bruce Long has previ...

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September 25th,2013

Evoke Pharma Raises $25M In IPO, But Sees Price Drop After Debut

San Diego-based Evoke Pharma, a biopharmaceuticals firm focused on gastrointestinal disease, raised $25M in an IPO this morning, but is trading down from its IPO debut. The company, which is now trading as EVOK on the Nasdaq Global Market, ...

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September 25th,2013

Roku, M-GO Partner On Movie Purchases, Rentals

Video and music streaming device developer Roku and Culver City-based online movie streaming service M-GO said this morning that the two are in a partnership, which will give Roku customers direct access to movies and TV shows via M-GO. Fin...

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September 23rd,2013

Domain, Versant Portfolio Firm Plans IPO

Veracyte, a portfolio firm of two, Southern California venture capital investors--Domain Associates and Versant Ventures--has filed for an IPO, saying that it is looking to raised up to $74.7M in an IPO on the NASDAQ Global Market. Versant ...

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September 23rd,2013

Illumina Sets Chief Medical Officer

San Diego-based life sciences equipment developer Illumina said this morning that it has named Dr. Richard Klausner as its new Senior Vice President and Chief Medical Officer. Klausner was previously a managing partner at venture capital fi...

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September 19th,2013

Upfront's Latest Investment, Deliv, Aims To Help Mall Retailers Win Online

Los Angeles-based venture capital investor Upfront has a long track record in the retail industry--the investor was one of the backers of Starbucks, just to name one--so it's no surprise that the company has made another investment in the s...

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September 19th,2013

Peeking Into Your Neighbor's Remodel, With Porch's Founders

Earlier this week, a new startup, Porch (www.porch.com), launched its service to let people get a look at their neighbor's home improvement projects -- complete with before and after photos, costs, and details on contractors and more. Co-...

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September 18th,2013

LA's Karlin Ventures Leads Investment In StrikeAd

Los Angeles-based venture capital investor Karlin Ventures is the lead investor in mobile advertising firm StrikeAd. StrikeAd, which is based in New York City, said it raised $7M in a funding round, which was led by Karlin Ventures, and als...

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September 18th,2013

Aerie Pharmaceuticals Files For IPO

Aerie Pharmaceuticals, a biopharmaceuticals firm which has a major center in Newport Beach, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $57.5M on the NASDAQ Global Market. The company says it plan...

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September 17th,2013

Nirvanix Shuts Down, Gives Mere Two Weeks To Customers

San Diego-based cloud storage firm Nirvanix is shutting down, and has given its customers only two weeks to move their data elsewhere, in a stunning flameout for the venture backed startup. Nirvanix apparently told some of its biggest partn...

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September 17th,2013

OneFineStay Expands Into Los Angeles

Los Angeles, which has become a hotbed for the expansion plans of many, peer-to-peer and smartphone-enabled services in the past year, is the latest market for OneFineStay, an online marketplace for vacation rentals. Los Angeles is the seco...

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September 16th,2013

Success Is Not Always A Straight Line, With Hamet Watt, Upfront Ventures

Hamet Watt is a longtime serial entrepreneur, who just recently join LA's Upfront Ventures (www.upfront.com) as a Venture Partner. Hamet was previously co-founder at bLife and MoviePass, founded NextMedium, and was Entrepreneur-in-Residen...

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September 13th,2013

Anthem Ventures Boosts Layer's Mobile App Tools

Layer, a developer of application programming interfaces for building in messaging, voice, and video into mobile apps, disclosed this week that it raised $1.5M in funding, including capital from Santa Monica-based venture investor Anthem Ve...

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September 13th,2013

Xirrus Deploys In Idaho

Wireless network equipment maker Xirrus reported this week that it has deployed its equipment in Idaho, at Brigham Young University-Idaho, as part of an effort to provide wireless service to 8,000 students in apartment complexes around the ...

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September 12th,2013

Aptera Founder's Vision For the Future of Agriculture

Steve Fambro, the former founder of electric car startup Aptera Motors, has a new mission: use cutting edge technology to grow organic produce, more efficiently, using "farm pods". According to a report this week from GigaOm, Fambro's lates...

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September 12th,2013

How More Women Are Becoming Angel Investors, with Eva Yazhari

Venture and angel investing has long been considered a man's world--with domination of the industry, executives, financiers, and others by men, with only a few exceptions. In a bid to change that, there are a few groups working on helping...

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September 12th,2013

Upfront Ventures Adds Hamet Watt As Venture Partner

Los Angeles-based venture capitalk investor Upfront Ventures is expanding its Los Angeles firepower this morning, adding longtime digital media veteran Hamet Watt as a venture partner. According to Upfront Ventures, it is adding Watt to bol...

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September 11th,2013

Quarterly Adds Reality Star Coco To Gift Service

Are you a fan of E! reality television show "Ice Loves Coco"? If so, the latest addition by Hollywood-based Quarterly is for you. The startup, which delivers quarterly gift packages to subscribers, curated by bloggers, celebrities, and othe...

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September 11th,2013

Core Innovation Capital Backs Wipit

Los Angeles-based venture investor Core Innovation Capital is backing mobile payments provider Wipit, in a Series A funding, the companies said this morning. Size of the investment was not announced. As part of the funding, Arjan Schutte,...

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September 11th,2013

MicroPower Technologies Launches New Infrared Camera

San Diego-based security technology developer MicroPower Technologies has rolled out a new product, a new, infrared camera which can wirelessly send its images up to a half mile away. The venture-backed startup--which is backed by Karmel Ca...

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September 10th,2013

Report: Dominate Fund Retreats From Hollywood

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. DominateFund, a new venture capital...

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September 10th,2013

ScoreBig.com Gets $10M Investment

Los Angeles-based online ticket marketplace ScoreBig.com said today that it has raised $10M in a new funding round, and hired a new Chief Strategy Officer. ScoreBig.com said the new funding round came from Checketts Partners Investment Fu...

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September 9th,2013

Western Digital Buys Virident For $685M

Irvine-based Western Digital is making a big acquisition this morning, saying that it is paying approximately $685M in cash to acquire flash storage maker Virident. Western Digital said that server side flash storage maker Virident will be ...

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September 6th,2013

Maker Studios Confirms Blip Buy

Los Angeles-based YouTube network Maker Studios confirmed its acuqisition of Blip, the company announced Friday, two weeks after word leaked out about the acquisition. Financial terms of the deal have not been announced. Blip was based in ...

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September 6th,2013

YouMail Tops 5 Million Registered Users

YouMail, the provider of the advanced voicemail applications and services, reported this week that it has passed five million, registered users of its service. The service--which allows users to screen their voicemails, provide custom voice...

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September 5th,2013

M-GO's Take On The Digital Entertainment Streaming Market, with John Batter

Does the world need another, online streaming media service for movies and television? Culver City-based M-GO (www.mgo.com) thinks so, with its own twist on providing content to consumers. We caught up with M-GO's CEO, John Batter, to hear ...

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September 5th,2013

Gradient X Acquired By Amobee

Los Angeles-based mobile advertising technology firm Gradient X, which is led by Brian Baumgart, has been acquired by digital advertising firm Amobee, Amobee announed this morning. Financial terms of the acquisition were not announced. Acco...

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September 5th,2013

Proximal Data In Deal With LSI

San Diego-based server side caching software developer Proximal Data has inked a deal with LSI Corporation, where LSI will integrate its server-side caching technology with a PCIe flash application acceleration product. LSI's product is use...

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September 4th,2013

M-GO Updates Digital Entertainment Service

Culver City-based M-GO, the online movie and television streaming service which is a joint venture of DreamWorks Animation and Technicolor, has rolled out the latest release of the service, adding a number of features aimed at making it eas...

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September 4th,2013

Otonomy Lands $45.9M

San Diego-based biopharmaceuticals firm Otonomy announced this morning that it has raised $45.9M in a Series C, equity funding. According to the company, the funding was led by OrbiMed Advisors, and also included Aperture Venture Partners, ...

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September 3rd,2013

Fate Therapeutics Sets IPO Range

San Diego-based Fate Therapeutics, which develops stem cell technology, said today in a regulatory filing that it is looking to sell 4,000,000 shares of its common stock at between $14.00 and $16.00 per share. The firm said it hopes to trad...

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September 3rd,2013

Sonendo Gets FDA Clearance

Laguna Hills-based ultrasonic cleaning device developer Sonendo announced this morning that it has received clearance from the FDA, for use of its products in root canal therapy. Sonendo, which is venture backed by OrbiMed Advisors LLC, The...

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August 30th,2013

Accumetrics Acquired By ITC

San Diego-based Accumetrics, a developer of life sciences testing equipment, has been acquired by ITC Nexus Holding Company, ITC said this morning. Financial terms of the buy were not announced. Accumetrics develops equipment to assess pati...

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August 28th,2013

Sole Society Names New CEO

Los Angeles-based Sole Society, the e-commerce site which provides fashionable shoes, handbags, and accessories, has named a new CEO, the company said Wednesday. According to the company, Andrea Wasserman has been named CEO and has joined t...

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August 28th,2013

Nativo Adds Long List Of Premium Publishers

Los Angeles-based native advertising technology developer Nativo, which is headed by Justin Choi, has landed a new set of premium publishers as customers, the company said today. Nativo said it has been selected by The Street, USA Today Spo...

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August 27th,2013

Cool Planet Energy Completes Road Test In Ventura County

Camarillo-based Cool Planet Energy Systems reports today that it has completed a road test and trial in Ventura County, demonstrating its technology for converting non-food biomass into gasoline, jet fuel, and other products. According ...

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August 27th,2013

FilmTrack Gets $20M For Rights Management Software

Studio City-based FilmTrack, which develops software-as-a-service for managing rights and content management for the film, video, and television industry, has raised $20M in a funding round. The round came from Insight Venture Partners. Acc...

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August 27th,2013

Ceregene Acquired By Sangamo BioSciences

San Diego-based Ceregene, a startup developing gene-therapy based products for treating Parkinson's and Alzheimer's disease, has been acquired by Richmond, California-based Sangamo BioSciences. Sangamo said it will issue 100,000 shares of i...

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August 26th,2013

OpenX Taps Ancestry.com Exec For Board

Pasadena-based online advertising technology provider OpenX has bolstered its board of directors, saying today that it has named Howard Hochhauser to its board. Howard Hochhauser is the current Chief Financial Officer and Chief Operating Of...

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August 23rd,2013

XIFIN Buys PathCentral

San Diego-based XIFIN, which develops cloud-based financial software for the healthcare industry, has acquired Irvine-based PathCentral, a developer of software for the pathology community, the company announced Thursday afternoon. Financia...

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August 22nd,2013

ShoeDazzle Acquisition By JustFab? Not So Dazzling

That acquisition by JustFab of fellow fashion startup ShoeDazzle yesterday? Not so dazzling. The acquisition valued ShoeDazzle at only around $30M, a huge drop in the company's value, compared with a $240M valuation back in 2011, according ...

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August 21st,2013

SHIFT Aims At Social Advertising Analytics

Santa Monica-based advertising analytics startup SHIFT launched a new product Wednesday, aimed at helping marketers analyze social advertising campaigns. The startup, led by James Borow, said its new product, SHIFT Media Analyzer, is aimed ...

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August 21st,2013

Maker Studios Buying Blip

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip, according to reports today. Blip operates an online, video site focused on webseries. Financial details of the acquisition have not been announced. Blip was venture bac...

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August 16th,2013

Moonfrye Debuts Photo App

Los Angeles-based Moonfrye, the startup led by Soleil Moon Frye, TV's Punky Brewster, has launched a new photo app, which lets users add themes and decorations to their photos. The free, iPhone app is focused on "inspiring creativity" in fa...

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August 16th,2013

SnapMD Raises $600K

Los Angeles-based SnapMD, the startup helping to connect patients with doctors via cloud-based telemedicine software, has raised $600,000 in a seed funding round, the firm said Thursday. The funding came from Shea Ventures, the venture capi...

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August 15th,2013

ContentID.com Looks To Help Musicians Monetize YouTube

In a bid to help independent musicians and labels monetize unauthorized use of their material on YouTube, a new service, ContentID.com, launched this morning. The service--provided by Los Angeles-based AdRev--said it will provide YouTube mo...

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August 14th,2013

StyleSaint Gets $4.3M More For Collaborative Fashion

Los Angeles-based fashion website StyleSaint has raised $4.3M more in a funding round, the company disclosed Wednesday, from General Catalyst Partners and e.Ventures. The startup, which was co-founded by venture capitalist Brian Garrett of ...

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August 9th,2013

M-Go Rolls Out On Vizio, Takes On Netflix

Culver City-based digital entertainment service provider M-GO--a joint venture of DreamWorks Animation and Technicolor--announced Thursday that its digital entertainment service has rolled out on Vizio smart TVs and Internet appliances, all...

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August 8th,2013

SetPoint Medical Raises $27.0M

Valencia-based SetPoint Medical, a developer of biomedical products for treating inflammatory disease, announced today that it has raised $27M in a financing round. The new funding came from Covidien Ventures, Action Potential Venture Capit...

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August 6th,2013

Tealium Claims Record Growth

San Diego-based enterprise tag management software developer Tealium--whose software is used to manage the many marketing "tags" used on e-commerce and enterprise websites to track visits and marketing efforts--said today that it saw record...

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August 6th,2013

FreedomPop Expands Free Wireless Broadband On Sprint LTE

FreedomPop, the provider of free, high speed wireless Internet, is in a major expansion today, saying it has tied with Sprint to include nationwide, LTE wireless Internet to its customers. According to FreedomPop, the expansion gives it use...

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August 1st,2013

Albumatic Raises $4.2M For Photo Sharing App

Los Angeles-based Albumatic, a developer of an iOS photo sharing application, has raised $4.2M in a funding round, the firm disclosed this week. The funding came from RRE Ventures, Thrive Capital, SV Angel, CrunchFund, Highline Venture Part...

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August 1st,2013

Quarterly Co. Adds Food, Fitness, Health Contributors

Hollywood-based Quarterly Co., the startup which delivers a curated set of gifts, via subscription, to customers every quarter, is expanding into the food, health, and fitness category. According to the company, it has added MizzFIT.com fo...

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July 31st,2013

On Ramp Wireless: Connecting The Smart Grid

In the world of mobile app and Internet startups, it's not that often that you see companies who touch the hardware side of the world get funding nowadays. One of the companies that has recently is On Ramp Wireless (www.onrampwireless.com),...

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July 31st,2013

ZestFinance Raises $20M

Los Angeles-based ZestFinance, a developer of "big data" based software tools for credit scoring and underwriting, has raised $20M in a financing round, led by Peter Thiel. The round also includes Lightspeed Venture Partners, Matrix Partner...

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July 30th,2013

Bottlenose Lands $3.6M For Social Media Analytics

Bottlenose, a brand new startup in social media analytics, has raised $3.6M in a Series A funding round. The company said the funding round was led by ff Venture Capital, and also included Lerer Ventures, Transmedia, Advancit, as well as ot...

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July 29th,2013

Domain Associates: Fifth Investment With Rusnano From $760M Fund

San Diego-based venture investor Domain Associates is reporting today that a fifth company in its portfolio--ReVision Optics--has received funding via its agreement with Rusnano, the Russian state's investment corporation. Revision optics a...

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July 29th,2013

aTyr Pharma Gets $10M In Venture Debt

San Diego-based aTyr Pharma, a developer of protein-based therapeutics, said today that it has raised $10M in a debt financing round. The funding came from Silicon Valley Bank. According to the company, the new funding will go towards clini...

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July 26th,2013

FaceFirst Snags CFO From X PRIZE Foundation

Camarillo-based FaceFirst, a startup which is developing facial recognition technology aimed at the business security, public safety, and law enforcement markets, said today that it has added David Donell as its Chief Financial Officer. Don...

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July 24th,2013

CALIENT Technologies Gets $27 Million

Santa Barbara-based CALIENT Technologies said this morning that it has raised $27M in a round of venture funding, from both new and existing investors. Names of those investors were not announced. According to Calient, it will use the fundi...

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July 23rd,2013

Insights and Opinions: Why You Need to Ring the Freaking Cash Register

Think that the only metric that matters nowdays is the number of users you have or downloads of your mobile app? Mark Suster, venture capitalist at Upfront Ventures, and a widely followed blogger, disagrees, in our latest Insights and Opi...

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July 22nd,2013

Calient Technologies Raises $12.22M For Optical Switching

Goleta-based photonic switch maker Calient Technologies has raised $12.22M in a funding round, according to numbers released in last week's MoneyTree report. No details on the funding round have been announced by Calient Technologies. The f...

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July 22nd,2013

Topline Games Raises $25M

In the big-fundings-we-recently-missed category, Los Angeles-based Topline Game Labs recently announced that it has raised $25M in a funding round for its fantasy sports and social gaming marketplace. The funding came from Cantor Ventures, ...

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July 22nd,2013

Kurion Names New Chairman

Irvine-based Kurion, the venture-backed developer of nuclear waste management technology, said today that it has named Stephen (Steve) Piccolo as its new Executive Chairman. According to the firm, Piccolo was most recently EVP for the URS G...

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July 19th,2013

Southern California Firms Get $587.0M In Venture Capital In Q2

The latest numbers from the MoneyTree survey came out this evening, tallying up $587.0M in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, whe...

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July 18th,2013

Lithera Brings New Funding To $27.3M

San Diego-based pharmaceuticals firm Lithera announced this morning that it has had a second close on a $27.3M, Series C funding round. According to the company, the second close adds $6.7M to the round. The funding came from RusnanoMedInve...

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July 18th,2013

Core Innovation Capital's Quest To Find Finance Innovation, With Arjan Schutte

Los Angeles has recently become the hotbed for financial startups--from Green Dot, to Blackline Systems, to Wallaby and ZestCash. That increase in startups has not gone un-noticed. Thanks to that activity, a new, venture investor has moved ...

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July 18th,2013

Quarterly Co. Gains $1M In Funding

Hollywood-based Quarterly Co., the subscription-based gift delivery service, has raised $1M in new funding, the company announced today. The company said the funding brings its total raised to $2.2M. The new funding was led by True Ventur...

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July 17th,2013

eHarmony's Waldorf Backs Online Education Firm Grovo.com

Greg Waldorf, who was the founding investor in Los Angeles-based eHarmony, and was previously its CEO, is the lead investment in an online education firm's Series A. According to Grovo.com, a New York-based provider of Internet-based traini...

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July 17th,2013

Interview with Bryan Burkhart, H.Bloom

Los Angeles has always been a major market for launching products, and in the era of e-commerce has become highly attractive for its large consumer population, a technology-savvy population, and affinity for new products and services. Th...

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July 17th,2013

H.Bloom Expands Into Los Angeles

H.Bloom, the luxury, subscription floral and gift delivery service backed by Shoedazzle's Brian Lee, is expanding into Los Angeles today, saying that it will begin offering its services starting today. H.Bloom said it will provide its lux...

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July 16th,2013

Launchpad LA Starts Accepting Fall 2013 Applications

Launchpad LA, one of the more high profile startup accelerators in Los Angeles, has opened up applications for its next class. The accelerator has been accepting applications since last week for its Class 6, which will run from mid-Septembe...

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July 16th,2013

Core Innovation Capital Sets Up Shop In LA

In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area's growing startup market. According to Core Innovation Capital, it has moved its offices to Los Angele...

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July 16th,2013

Numecent Delivers Windows Apps To The Cloud

Irvine-based Numecent, which is backed by T-Venture, said Monday that it has launched a new cloud software service aimed at application developers. The company said its new cloud service, called "Native as a Service" is aimed at independent...

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July 15th,2013

Santa Barbara, San Diego Tops On Per-Capita Venture Capital

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. The report, fr...

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July 15th,2013

uSamp Gets $15M More For Market Research Tools

Encino-based sampling and online research firm uSamp announced this morning that it has raised $15M in a new round of funding. According to uSamp, the Series D round came from OpenView Venture Partners and DuPont Capital Management, and wil...

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July 15th,2013

Versant Ventures Names Mazzo Operating Partner

Newport Beach-based venture capital investor Versant Ventures has named former Advanced Medical Optics CEO Jim Mazzo as an Operating Partner. According to Versant Ventures, Mazzo will focus on patient needs, new technology advancements and ...

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July 12th,2013

Sonos Plugs Into 8tracks

Sonos, the developer of the popular, user-friendly whole home wireless music players, has plugged into yet another streaming music provider, 8tracks. 8tracks says that Sonos customers can now stream curated playlists from the service throug...

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July 10th,2013

Siemer Ventures Boosts Portfolio To 55 Companies

Local Santa Monica-based venture investor Siemer Ventures has boosted its total number of investments to 55 companies, the firm announced this week, after adding nine new companies in the second quarter of the year. Siemer Ventures said tha...

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July 10th,2013

Surf Air Expands To Santa Barbara

In what could help Santa Barbara further increase its influence in the high tech world, Surf Air, the subscription-membership based, all-you-can-fly airline headed by Wade Eyerly, said today that it has added Santa Barbara to its daily sche...

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July 10th,2013

Western Digital Buys VeloBit

Irvine-based Western Digital announced this morning that it has acquired VeloBit, a provider of storage I/O optimization software. Financial terms of the buy were not announced. VeloBit, which is headquartered in Lincoln, Mass, develops sof...

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July 8th,2013

Zebit Gets $30M in Debt Funding For Expansion

San Diego-based Global Analytics, the operator of Zebit, a developer of lending and underwriting software, has raised $30M in a term debt facility, the company said Monday. The funding came from Crystal Financial LLC. According to the com...

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July 8th,2013

Predixion Software Snags $20M More For Predictive Analytics

San Juan Capistrano-based Predixion Software, the predictive analytics software firm headed by Simon Arkell, has raised $20M in a Series C financing, the company said this morning. The new funding came from Accenture and GE Ventures, two st...

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July 8th,2013

Building A Dream Team For Mobile Advertising, with Gradient X

If there were such a thing as a "Dream Team" for mobile advertising, you would be hard pressed not to pick the founding team of Los Angeles-based Gradient X (www.gradientx.com), whose founders include Michael Lum (formerly of OpenX), Bria...

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July 8th,2013

12Society Acquired By Quarterly

West Hollywood-based 12Society, which operated a subscription-based, celebrity-driven gift delivery service, has been acquired by fellow Los Angeles gift subscription firm Quarterly. Financial details of the buy were not disclosed. Quarterl...

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July 3rd,2013

Engrade Gets $5M More For Education Management Tools

Santa Monica-based Engrade announced this morning that it has raised $5M in a Series B funding round, for the company's district-level education platform. The funding was led by Javelin Venture Partners, and also included Rethink Education,...

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July 2nd,2013

Bestofmedia Group Acquired By Tech Media Network

Los Angeles-based Bestofmedia Group, the publisher behind the Tom's Hardware, Tom's Guide, and Tom's IT Pro online publications, has been acquired by Tech Media Network. Financial terms of the acquisition were not disclosed. Bestofmedia was...

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July 2nd,2013

ParkMe Upgrades iOS App

Santa Monica-based parking app developer ParkMe has just upgraded its iOS application, adding such features as Apple Maps directions, icons for amenities at parking lots, including car wash services, EV chargers, and airport shuttles. ParkM...

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July 2nd,2013

EcoATM Acquired For $350M By Coinstar

San Diego-based startup EcoATM, the developer of automated kiosks used for recycling cell phones and other electronics, has been acquired by newly renamed Coinstar (now known as Outerwall). According to Outerwall, it will pay $350M in cash ...

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July 2nd,2013

OpenX Names Two VPs

Los Angeles-based advertising technology developer OpenX, which is backed by Accel Partners, Index Ventures, SAP Ventures, and Samsung Venture Investment Corporation, said this morning that it has hired two executives, one from Hewlett-Pack...

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June 28th,2013

GumGum Bolsters Advisors

Los Angeles-based GumGum, which provides an in-image advertising platform for publishers, said Friday that it has added Ryan Schinman, CEO of Platinum Rye Entertainment, to its advisory board. Platinum Rye Entertainment books celebrity tale...

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June 27th,2013

Ranker Takes $2M For Expansion Efforts

Los Angeles-based Ranker, the online site which lets users rank, view, vote, and share their opinions on a wide range of topics, announced today that it has raised $2M in a follow on investment round. The starup, led by Clark Benson, said t...

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June 27th,2013

Gradient X Exits Beta

Santa Monica-based Gradient X, the programmatic mobile advertising startup backed by GRP Partners, Rincon Venture Partners, Crosscut Ventures, Founder Collective, Double M Capital, Baroda Ventures, Siemer Ventures, Walter Kortschak (Summit ...

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June 27th,2013

Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. However, one, longtime local fund--GRP Partners-...

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June 27th,2013

GRP Partners Raises New $200M Fund, Becomes Upfront Ventures

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. The 17-year old firm, which also said it will open up a brand new home...

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June 26th,2013

The Design Accelerator Launches Incubator At Idealab

A new, startup incubator-created by the Art Center College of Design and the California Insitute of Technology--said this morning that it has launched a brand new, design-focused incubator, housed at Idealab. According to The Design Acceler...

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June 25th,2013

TheBouqs.com: An Online Flower Service For The Next Generation?

The online flower delivery market is now an old and established market. However, is there an opening for a new way of reaching consumers with flower delivery? Los Angeles-based TheBouqs (www.thebouqs.com) thinks so, with its new, cut-to-o...

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June 25th,2013

TheBouqs Gets $1.1M To Fix Online Flower Delivery

Tired of not getting what you expect--and paying more than you want--for online flower delivery?The Bouqs Company thinks that online flower delivery is broken, and that it has what it takes to reshape what consumers expect from online flowe...

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June 25th,2013

Tongal Hits $1M In Rewards Pool For User Generated Video

Los Angeles-based Tongal, which operates a crowdsourced site for creating commercials, reported today that it has hit $1 million in current projects in its reward pool. The company--whose crowdsourced videos are widely viewed online and on ...

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June 24th,2013

Snapchat Announces $60M Funding

Los Angeles-based Snapchat has officially announced its Series B funding, raising $60M in a round led by Institutional Venture Partners. The funding also included General Catalyst, Benchmark Capital, Lightspeed Venture Partners, and SV Ange...

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June 24th,2013

BOOM! Studios Acquires Comics Publisher

Los Angeles-based BOOM! Studios, a venture-backed comic book and graphic novel publisher, has acquired a fellow comics firm, Archaia Entertainment, the firms said today. Boom! is venture backed by DFJ Frontier partners, and offers up a dive...

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June 24th,2013

Bitcoin Foundation Gets Warning From California

The Bitcoin Foundation, the nonprofit group which helps maintain the Bitcoin standard, the protocol behind the open, electronic currency which is not tied to any country or governing authority, has received a warning from the State of Cal...

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June 21st,2013

Aviir Finds $10M In Financing For Heart Risk Testing

Irvine-based Aviir has raised $10M more as part of a financing round, as part of a third tranche of funding. The firm develops heart risk testing technology, to help prevent cardiovascular disease. The firm said the funding came from Partne...

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June 19th,2013

Leads360 Becomes Velocify

Sales automation software developer Leads360 said Wednesday that it has renamed the firm to Velocify, saying the new name better reflects its focus on "high-velocity" sales environments. The firm, which is headed by Nick Hedges, develops cl...

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June 19th,2013

Gobbler Gains $500,000 More

Los Angeles-based Gobbler, the operator of an online backup and file storage service for creative projects, has raised $500,000 in a new round of funding, according to a regulatory filing by the firm today. Details on the funding have no...

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June 19th,2013

Fab.com Investment, Faith In Team, Pays Off For Baroda

Being a seed investor is a tough job--being early to a company doesn't necessarily mean you'll see a return--and it's usually a long road to see any reward. But, it looks like being a seed investor has paid off for at least one local invest...

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June 19th,2013

Vertos Medical Gets $23M for Spinal Treatments

Aliso Viejo-based Vertos Medical said today that it has raised $23M in a Series E financing round, to fund the company's expansion in the U.S. and launch in European markets. The firm, which develops a outpatient procedure for helping lumar...

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June 19th,2013

A Conversation with Ben Satterfield, Burstly

Ben Satterfield is the co-founder of TestFlight, an immensely popular piece of software for iOS (and now Android) which lets developers distribute beta copies of their apps to their users. TestFlight recently joined forces with Burstly (w...

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June 19th,2013

Card Scanning Solutions Finds Funding

Culver City-based Card Scanning Solutions (CSSN), said today that it has raised a round of equity funding, from Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners. Size of the funding round was not announced by the...

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June 18th,2013

SendGrid Extends Into Email Marketing

Anaheim- and Boulder, Colorado-based SendGrid, which develops email delivery services and software, is making a big expansion today, into email marketing. SendGrid said it has launched a brand new, email marketing service which is aimed at ...

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June 18th,2013

CrowdStrike, Headed By George Kurtz, Debuts Security Software

Irvine-based CrowdStrike, the developer of security software which was founded by former McAfee CTO George Kurtz, has debuted its technology, saying that it has created a platform which is aimed at stopping security attacks and protecting u...

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June 17th,2013

Fisker Automotive Burnt Through $1.4 Billion

Anaheim-based Fisker Automotive, the troubled electric car maker, has now burnt through $1.4 billion dollars in private and public funds, according to Reuters. The amount of capital invested in Fisker makes the company the highest profile f...

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June 14th,2013

Conatus Pharmaceuticals Files For IPO

San Diego-based Conatus Pharmaceuticals, which is developing treatments for liver disease, has filed for an IPO, saying this morning that it is looking to raised $69.0M on the public markets. The firm said plans to trade on the NASDAQ Globa...

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June 13th,2013

Insights and Opinions: Why You Should Give Before You Get

For today's Insights and Opinions section, where we share the wisdom and opinions from the local tech community, we feature a post by Mark Suster: Why You Should Give Before You Get. Mark is a frequent blogger, conference speaker, and tho...

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June 13th,2013

Frost Venture Partners Snags OCTANe's Vasquez

Frost Venture Partners, the "big data" startup incubator started by DatAllegro's Stuart Frost, has just hired away Luis Vasquez, OCTANe's VP of Entrepreneurship and LaunchPad director, as its new Vice President of Investor Relations. Accord...

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June 13th,2013

Tapping The Creativity Of The Crowd With Tongal

You've seen the company's work in the Superbowl, on television, and on the web, all for big brands--but you might not know it came out of the crowdsourcing efforts of Tongal (www.tongal.com). The Los Angeles company--which is backed by $1...

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June 13th,2013

SGN Buys Mob Science

Los Angeles-based social games developer SGN, which is led by former MySpace co-founder Chris DeWolfe, said today that it has acquired Mob Science, the social games developer behind Zynga's Legends: Rise of a Hero. Financial terms of the de...

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June 12th,2013

Surf Air Takes Flight, Starts All-You-Can-Fly Shuttles To Silicon Valley

For venture capital investors and entrepreneurs, used to making the commute between Silicon Beach and Silicon Valley, the distance--and time--between the two technology centers has just dropped, thanks to the launch of Surf Air, an all-you-...

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June 12th,2013

Domain Associates Promotes Shah To Partner

San Diego-based biotech investment firm Domain Associates announced this morning that it has promoted Nimesh Shah to Partner at the firm. Shah has been at the firm since 2006. Shah sits on the boards of Zyga Technology, Benvenue Medical, Co...

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June 11th,2013

Surf Air's First Flight Set For Wednesday

Santa Monica-based Surf Air, the all-you-can-fly airline service which is looking to connect Silicon Valley and Silicon Beach, is getting set to launch its first member flight tomorrow, Wednesday. The first flight is set to depart Burbank a...

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June 11th,2013

ChowNow Raises $1.19M More

Los Angeles-based mobile food ordering startup ChowNow has raised $1.19M more in an ongoing funding round, according to a regulatory filing by the firm last week. ChowNow is venture backed by Daher Capital, Double M Partners, GRP Partners, ...

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June 11th,2013

CODA Automotive Affiliates File For Bankruptcy

Two affiliates of Santa Monica-based CODA Automotive have filed for bankruptcy, following the electric car maker into bankruptcy proceedings, according to a report today from Reuters. Reuters said both Lio Energy Systems Holdings and Miles ...

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June 10th,2013

Silicon Beach Fest Expands Event Lineup, Sets Keynotes

Silicon Beach--the self-appointed name that has been used to describe many parts of Southern California's tech community, but which has seemed to have centered itself over Santa Monica and surrounding towns--has no shortage of events and co...

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June 10th,2013

How RxVantage's IT Software Aims To Automate A $20B Market

Pharmaceutical companies spent $20 billion a year marketing their products to medical offices. However, the whole business of those companies working with medical offices is one sorely in need of technology. RxVantage (www.rxvantage.com),...

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June 7th,2013

Sponsored Message: Find High Tech Law Firms In Southern California

Need to find a top legal company in Southern California? How do you sort through the thousands of attorneys and firms here, and figure out who really knows venture capital, angel investments, how to deal with a term sheet, how to negotiate ...

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June 7th,2013

DogVacay Ties With Cesar Millan On Giveaway

Are you a fan of the "dog whisperer", Cesar Millan? DogVacay, one of Silicon Beach's promising startups, said this week that it has launched a giveaway with Cesar Millan, which will award a combination dog and human vacation getaway. Accord...

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June 6th,2013

iCrumz Launches Social Bookmarking Tool

A new, Los Angeles-based startup, iCrumz, said today that it has launched a new, free social bookmarking tool aimed at helping users find their way back to websites and share content with others. The startup, headed by serial entrepreneur M...

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June 5th,2013

Emerald Ocean Capital Launches New Venture Capital Fund, With A Twist

There's been a constant drumbeat from both local entrepreneurs and investors on the lack of venture capital sources in Southern California. So, anytime a new, Southern California venture capital investor shows up, technology entrepreneurs u...

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June 4th,2013

Scopely Dangles Chance At Trip For Zynga Recruits

Ever wanted to see one of the seven wonders of the world? Scopely is dangling a chance to win a free trip to one of the seven wonders of the world, to anyone who helps recruit Zynga developers to the company. In a twitter posting, Scopely s...

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June 4th,2013

Calacanis Starts Up New Venture Fund

Jason Calacanis is busy. Not only is he running his own technology conference, Launch, he's also making angel investments, and opening up his own coworking space, he's also created a new venture capital fund, the Launch Fund. According to a...

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June 3rd,2013

Siemer Ventures Backs Southeast Asian Startup Incubator

Los Angeles-based technology investor Siemer Ventures has funded an investment firm in Southeast Asia, which is looking to invest in and create e-commerce and digital media companies in the Southeast Asia region. According to Ardent Capital...

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June 3rd,2013

Brighter Relaunches Up Front Dental Discounts Program

Brighter.com, the online, upfront dental pricing and referral service based in Santa Monica, and headed by longtime Silicon Beach entrepreneur Jake Winebaum, has relaunched, swizzling its model away from a monthly membership program and tow...

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May 30th,2013

Scopely Snags Another Zynga Exec

Los Angeles-based mobile gaming firm Scopely said Thursday that it has snagged Reed Shaffner, the former General Manager at Zynga, as part of its product team. Scopely said Reed will head up the company's product team. Scopely, which is hea...

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May 30th,2013

SignNow Acquired By Barracuda Networks

Newport Beach-based SignNow, a developer of mobile signature capture and document storage services, has been acquired by Barracuda Networks. SignNow was venture backed by Khosla Ventures and the Tech Coast Angels. Financial details of the a...

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May 29th,2013

Local Clean Energy Business Plan Contest Awards $160,000

A local, clean energy business plan competition started by the California Insitute of Technology (Caltech), the University of Southern California (USC), and the University of California, Los Angeles (UCLA) has awarded $160,000 in prizes in ...

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May 29th,2013

Numecent Lands $13.6M For Cloud Software Technology

Irvine-based Numecent has raised $13.6M in a funding round, the firm announced today, for its "cloudpaging" software, which helps deliver Microsoft Windows applications into the cloud. According to Numecent, the funding was led by T-Venture...

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May 29th,2013

Amgen Ties With Astellas To Tackle Japan

Thousand Oaks-based biotech Amgen announced today that it has linked with Astellas Pharma, in a deal to reach the Japanese market with new medicines. According to the two, they are in a strategic alliance where they will provide new medicin...

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May 21st,2013

Burstly Opens Skyrocket To All App Developers

Santa Monica-based app testing and anlytics developer Burstly has opened up access to its mobile monetization platform, extending access to its SkyRocket product via a self-serve offering. Burstly announced the move this morning, in addit...

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May 21st,2013

Uncovet Gets $1.3M For Fashion Recommendations

Los Angeles-based Uncovet, the online fashion deals and discovery site backed by Science, Inc., said it has raised $1.3M this morning. The new funding came from Javelin Venture Partners, Siemer Ventures, and Paige Craig. Uncovet, which was ...

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May 20th,2013

ChicksStarter Pulls Together Funding For A Lucky Female Startup

There has long been a disparity between the number of startups founded and started by women, and those founded by men. Plus--with a majority of venture investors being men--it's often difficult to break through the invisible curtain betwe...

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May 20th,2013

Alteryx Gets $12M For Big Data Analysis Tools

Irvine-based Alteryx, a developer of "big data" analytics software, announced today that it has raised $12M more for its efforts. The new funding came from Toba Capital, the venture capital fund recently founded by Quest Software founder Vi...

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May 20th,2013

payvia Buys Mogreet

Los Angeles-based mobile carrier billing service Payvia has acquired fellow Los Angeles firm Mogreet, the two companies said this morning. Financial details of the acquisition were not announced. According to payvia, the deal will allow i...

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May 20th,2013

eFFECTOR Therapeutics Gets $45M For Cancer Treatments

San Diego-based eFFECTOR Therapeutics said today that it has raised $45M to go towards the development and invention of small molecule drugs, specifically aimed at treating cancer. According to the firm, the Series A investment included U.S...

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May 17th,2013

Siemer Ventures Backs Ringadoc

Los Angeles venture investor Siemer Ventures is one of the investors in a new seed funding round for medical answering service Ringadoc, which announced $700,000 in a seed funding today. The funding included Siemer Ventures, Telegraph Hill ...

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May 16th,2013

Ambit Biosciences Prices IPO

San Diego-based Ambit Biosciences has priced its IPO, saying that it is offering up 8,125,000 shares of its common stock at $8.00 per share. The company will start trading today on the NASDAQ Global Market as AMBI. Ambit priced well below i...

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May 15th,2013

Kotura Acquired By Mellanox

Monterey Park-based Kotura, the developer of silicon photonics and optical interconnection technology, has been acquired by Mellanox, the companies announced Wednesday. The deal was worth $82M in cash. The two companies said the deal is exp...

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May 15th,2013

Sorenson Media's Csathy Departs To New Digital Media Effort From Manatt

Peter Csathy, the CEO of San Diego's Sorenson Media, and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. According to Manatt, Csathy will head up a new ...

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May 14th,2013

uSamp Snags Beachmint's CTO

Encino-based market research and sampling firm uSamp said today that it has named Carl Trudel as its new Chief Technology Officer. Trudel was most recently CTO of BeachMint, and also served at Ticketmaster as SVP of Software Engineering, in...

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May 10th,2013

Tealium Hires Chief Revenue Offier

San Diego-based Tealium said this week that it has added a Chief Revenue Officer to help support the company's rapid growth. The firm said it named Brian Blond as CRO, to oversee its growth strategy and all direct and indirect distribution ...

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May 10th,2013

Amgen In Chinese Joint Venture

Thousand Oaks-based biotech giant Amgen said Thursday that it is in a joint venture with Chinese company Zhejiang Beta Pharma, to commercialize the firm's Vectibix (panitumumab) product in the Chinese market. Financial arrangements of the j...

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May 9th,2013

Receptos Flat In IPO

San Diego-based biopharmaceuticals developer Receptos is trading flat after its initial public offering, after pricing last night at $14.00 per share. The developer of biopharmaceuticals for treating immune and metabolic diseases priced at ...

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May 8th,2013

Midas List: Cornerstone OnDemand, Green Dot Help VCs

Forbes Magazine has released its latest Midas List, its listing of the top venture capitalists, and--once again--Southern California's venture capitalists have been shut out of the list. However, two, Southern California firms drove the inc...

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May 8th,2013

Lumena Pharmaceuticals Gets $23M

San Diego-based Lumena Pharmaceuticals announce today that it has raised $23M in a Series A funding round, to go towards developing oral therapeutics for rare liver diseases. The funding came from Pappas Ventures, RiverVest Venture Partners...

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May 7th,2013

Viddy In Recap, To Return Some Funds, Says Report

A report Tuesday from AllthingsD says that once-hot Los Angeles startup Viddy is recapitalizing, and will return $18M of the $30M it raised a year ago. The report says that investors New Enterprise Associates, Khosla Ventures, and Goldman S...

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May 7th,2013

DFJ Frontier Bolsters Team With Media Vet

Los Angeles-based venture capital investment firm DFJ Frontier has significantly bolstered the company's team, saying Tuesday that it has added Merrill Brown--former founder of MSNBC--as a Venture Partner. DFJ Frontier said that Brown will ...

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May 7th,2013

Quarterly Bolsters Contributors With Art, Design Blogger

Hollywood-based gifts-by-subscription service Quarterly Co. has added another contributor to its service, and art and design blogger named Christopher Jobson. Quaterly said that Jobson, which creates and edits the blog Colossal, has joined ...

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May 6th,2013

Panna Gets Funding From LA Investors For iPad Cooking Magazine

A number of Los Angeles investors are behind a first round of funding today for Panna, a developer of a video cooking magazine for the iPad and iPhone. Panna, which is based in New York, said it raised $1.35M in funding from Anthem Ventures...

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May 6th,2013

Cheers Links With Facebook, Instagram Photos

Cheers, the developer of a mobile app aimed at spreading gratitude and cheer to people--which is venture backed by $2.5M in venture funding--has just released a new version of its app, which lets users use Facebook and Instagram photos. The...

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May 2nd,2013

How TenOneTen Ventures Is Investing In LA's Technology Future

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there's still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and...

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May 1st,2013

Awesomeness.TV Among Fastest Exits, Best ROI Ever On Silicon Beach

The acquisition of Awesomeness.TV is the both fastest funding-to-exit in Silicon Beach, as well as one of the exits with best multiple on dollars invested, according to a new analysis of our extensive database of venture deals. In an analys...

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May 1st,2013

Awesomeness TV Acquired By DreamWorks For As Much As $117M

In what looks to be a stunning quick exit for one of Southern California's new YouTube networks, Awesomeness TV has been acquired by DreamWorks, in a deal worth as much as $117M. DreamWorks said that it will pay $33M in cash, plus pay out...

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April 30th,2013

Local Market Launch Scores $1.5M

Santa Barbara-based Local Market Launch, a new startup founded by former ValueClick founder Brian Coryat, said Tuesday that it has raised $1.5M in a Series A funding round. The round came from Rincon Venture Partners. According to Local M...

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April 30th,2013

Rubicon Project Hails Growth, New Customers

Los Angeles-based Rubicon Project says today that it is one of the "fastest growing ad technology companies in history". The startup says it added more than 200 new publishers and 100 new buyer channels for the six months ended March 31, ...

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April 29th,2013

Insights and Opinions: How to Raise Money When You’re Not in a Major VC Market

So you're not in San Francisco, Palo Alto, Los Angeles, New York, Boston, Seattle, or one of the other hot areas for venture capital--but you need to raise money. What do you do? In our Insights and Opinions section today, where we share th...

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April 26th,2013

ZEFR Adds Music Labels, NASCAR

Venice, California-based ZEFR, formerly known as MovieClips, is expanding out its partnerships today, saying that it has added Universal Music Group, Sony Music, Ultra Music, and NASCAR as partners for the company. ZEFR--which helps content...

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April 25th,2013

Receptos Sets Estimated IPO Pricing Range

San Diego-based biopharmaceuticals developer Receptos has set the initial, estimated pricing range for its IPO, saying in a filing Thursday that it now expects its IPO pricing to be between $14.00 and $16.00 a share. THe firm, which has app...

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April 25th,2013

Correlation Ventures Trumpets Investments, First Exit

San Diego- and Palo Alto-based venture capital investor Correlation Ventures said this week that it has so far funded eight companies in Q1, and had its first portfolio exit, at Virsto Software. The $165M venture capital fund said it now ha...

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April 25th,2013

SRCH2's Plan to Arm The World With Enterprise Search Technology

In the arms race of search technology, only the big guys -- Google, Microsoft -- seem to be able to keep up with all of the innovations in the space. How can the rest of us get the kinds of features consumers expect with search elsewhere?...

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April 24th,2013

Silverpop Lands $25M In Venture Debt For Email Marketing

Silverpop, an Atlanta-based email marketing automation provider which also has operations in Irvine, said today that it has raised $25M in a venture debt funding. The funding came from Escalate Capital Partners and Silicon Valley Bank. Silv...

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April 24th,2013

Jeda Networks Debuts Product

Newport Beach-based software defined networking (SDN) technology developer Jeda Networks has announced its first product, the Fabric Network Controller (FNC). Jeda, which is led by storage veteran Stuart Berman, said its product is a softwa...

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April 23rd,2013

Nativo Gets $3.5M For Native Advertising Technology

Los Angeles-based Nativo, the online advertising technology firm led by Justin Choi, has raised $3.5M in a Series A funding round, the firm announced Tuesday. The funding was led by Greycroft Partners, and also included e.ventures and Signi...

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April 23rd,2013

TenOneTen Ventures Emerges As SoCal's Newest Venture Capital Firm

Despite the level of venture capital activity in Southern California, the region--according to informal discussions with venture capitalists over the years--continues to suffer from a dearth of local, indigenous capital--at least, compared ...

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April 23rd,2013

SRCH2 Raises Funding, Targets Enterprise Search

The world of search technology is constantly evolving, with new features like autosuggestion, "instant search", autocorrect, mobile support, and more constantly showing up in such services like Google. But, if you're not one of the giants i...

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April 22nd,2013

GroundMetrics Gets $1.5M In Second Round

San Dieog-based GroundMetrics, which develops electromagnetic sensing technology for the oil, gas, mining, geothermal, and environmental market, said late Monday that it has raised $1.5M in a second round of financing. The new round was led...

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April 22nd,2013

Southern California Venture Investments See Big Drop In Q1

Venture capital investments saw a sharp drop in Q1 in Southern California, according to the latest venture numbers from the MoneyTree report. The report, released by PricewaterhouseCoopers and the National Venture Capital Association over...

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April 22nd,2013

EdgeCast Raises $23.77M

Los Angeles-based content delivery network provider EdgeCast quietly raised $23.775M sometime in the last quarter, according to numbers released in the MoneyTree report over the weekend by PricewaterhouseCoopers and the National Venture Cap...

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April 18th,2013

ecoATM Hits One Million Recycled Electronic Devices

San Diego-based ecoATM, the startup led by Tom Tullie which develops kiosks for recycling used mobile phones, MP3 players, and tablets, reported yesterday that it has now recycled more than one million electronic devices. EcoATM develops se...

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April 15th,2013

Montgomery & Co. Exits Advisory Business

Montgomery & Co., the investment banking firm which got its start in Los Angeles focusing on high tech companies--and as a onetime venture capital investor--has exited the investment banking and advisory business, the firm said today. The f...

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April 15th,2013

Ambit Biosciences Names Venture Partner To Board

San Diego-based biopharmaceuticals firm Ambit Biosciences announced this morning that it has tapped a venture partner from New Enterprise Associates for a new board member. Ambit said it has named David R. Parkinson, M.D. to its board of di...

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April 12th,2013

Southern California Accelerator Report Card: Q1 2013

There's been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to he...

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April 11th,2013

Predixion Software Updates Platform

San Juan Capistrano-based Predixion Software, the developer of predictive analytics software headed by Simon Arkell, said Wednesday that it has updated its platform. According to the firm, the new version of its software now allows users to...

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April 10th,2013

Miramar, Okapi Back Healthcare Software Developer

Two, Orange County venture capital investors are behind a developer of socially-driven, healthcare software aimed at helping health plans encourage healthy activity by their members. Welltok said today that it has raised $18.7M in a Series ...

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April 8th,2013

Incubating LA's Startup Future At the USC Viterbi Startup Garage

A few weeks ago, the University of Southern California announced a new startup incubator, the Viterbi Startup Garage (http://vsi2.usc.edu/vsg-about/), backed by such notable investors as Kleiner Perkins Caufield & Byers and the United Talen...

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April 8th,2013

OpenX Launches New Service Around Content Optimization, Ad Monetization

Los Angeles-based digital advertising technology developer OpenX has launched a new service today, which it says will combine content optimization and ad monetization for publishers. The firm said its new Revenue Intelligence service--aimed...

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April 8th,2013

DriveCam Opens Office In The UK

San Diego-based DriveCam, the developer of monitoring technology for driving fleets, said today that it has opened up a new office in London. The firm said the new office will be headed by Paul Jones, who was previously led Client Services ...

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April 5th,2013

Mobile Roadie Queues Up Major Release

Los Angeles-based mobile application platform developer Mobile Roadie has a big release up its sleeve, according to the company Thursday. Mobile Roadie said that it is getting to set to release Mobile Roadie v5, a brand new version of its p...

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April 5th,2013

Receptos Files For IPO

San Diego-based biopharmaceuticals firm Receptos has filed for an IPO, saying in a filing that it is looking to raise up to $86.3M in an offering on the NASDAQ Global Market. The firm said it intends to list as "RCPT". The firm's IPO is bei...

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April 4th,2013

WhisperText Gets $3.0M

A stealthy, Santa Monica-based startup, WhisperText has raised $3.0 from what looks like a number of high profile investors. According to a regulatory filing from the company--which develops an iOS app that allows users to share their secre...

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April 4th,2013

Plan Bee Taps NameJet, AfterNic For .BUILD Top Level Domain

A Santa Monica-based domain venture, Plan Bee LLC, has selected domain name auction site NameJet--a joint venture of Santa Monica-based Demand Media and Web.com--along with domain marketplace AfterNic--to power initial distribution for its ...

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April 4th,2013

Streamlining The Sports Recruiting Process with FieldLevel

How do you take a process--recruiting of athletes--and make it more efficient, without getting in the way? That's what Los Angeles-based FieldLevel (www.fieldlevel.com) has been working on, making it easier for coaches to network and exchan...

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April 2nd,2013

CapLinked Adds Folder Downloads

Los Angeles-based CapLinked, the developer of online software used to manage financial deals, said Monday that it has added a new feature which lets its members download entire folders from the site. The company--which is targeting the Virt...

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March 28th,2013

Goodreads Acquired By Amazon.com

Book review and community Goodreads, which was founded in Santa Monica by Otis Chander, has been acquired by Amazon.com, Amazon said Thursday afternoon. Financial terms of the buy were not disclosed. Goodreads' site revolves around sharing ...

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March 28th,2013

Playdek Gets $3.8M For iOS Games

Playdek, a Carlsbad-based mobile game developer, disclosed Thursday that it has raised $3.8M in a Series A funding round. The round was led by Qualcomm Ventures, and also included IDG Ventures, ff Venture Capital, Deep Fork Capital, Greycro...

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March 28th,2013

OpenX Sets Marketing Head

Los Angeles-based online advertising technology provider OpenX announced this morning that it has named Matthew Reid as its new Vice President of Marketing. Reid previously was SVP of Marketing for Gehry Technologies, and also served at Euc...

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March 27th,2013

SweetLabs Debuts New Game Network

Are you a game developer looking to get better distribution of your games? San Diego-based SweetLabs, the developer behind the desktop app marketplace software Pokki, is circling back towards its roots promoting and helping developers gain ...

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March 27th,2013

CapLinked Adds Activity Analytics

CapLinked. the developer of enterprise software for managing M&A transactions, venture deals, and other business deals, said yesterday that it has launched a new, activity tracker, which helps its customers figure out who has viewed files a...

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March 26th,2013

USC's Startup Accelerator Targets 10 Companies, Starts In May

More details on the University of Southern California's new Viterbi Startup Garage, the brand new startup accelerator being backed by the United Talent Agency and Kleiner, Perkins, Caufield & Byers, have emerged, with the school saying th...

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March 26th,2013

ParkMe Expands In Washington, D.C.

Santa Monica-based ParkMe, the venture-backed developer of mobile parking information applications, said today that it has inked a deal with Washington, D.C.-based parking operator Colonial Parking. ParkMe said that it will provide real-tim...

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March 26th,2013

USC Viterbi Launches Startup Accelerator

Add another startup accelerator to the growing list of Southern California startup accelerators: this time, from the University of Southern California's Viterbi School of Engineering. USC revealed this morning that it has created a new, sta...

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March 25th,2013

Nirvanix Steals Away Zynga CIO

San Diego-based Nirvanix, the cloud storage service operator, has snagged the current CIO of Zynga as its new CEO, according to the company Monday. Debra Chrapaty, who formerly was CIO of Zynga, also served at Cisco as SVP of its Collaborat...

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March 25th,2013

BuzzMedia Becomes SpinMedia

Los Angeles-based online entertainment, music, and advertising firm BuzzMedia is no more: it's just rebranded itself SpinMedia. The publisher, which owns such brands as Celebuzz, Sterogeom, Idolator, JustJared, and many other music-related ...

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March 25th,2013

Brand Affinity Technologies Ties With Los Angeles Angels

Irvine-based Brand Affinity Technologies announced last week that it is in a partnership with the Los Angeles Angels. According to Brand Affinity Technologies, it will provide a "fan photography service" for the angels and fans. Brand Affin...

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March 20th,2013

Greycroft Bolsters Los Angeles Team

In what can only be good news for local startups, venture capital investment firm Greycroft Partners said this morning that it has named Mark Terbeek as a new Partner in its Los Angeles office. Terbeek will help current LA partner Dana Sett...

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March 20th,2013

Tech Coast Angels, Rady Venture Fund Back Savara Pharmaceuticals

Two, Southern California investment groups have backed a developer of treatments for infections in cystic fibrosis patients, Savara Pharmaceuticals, they announced today. Both the Tech Coast Angels, Southern California's largest organized a...

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March 19th,2013

Leads360 Uses Algorithms To Automate Sales Prioritization

Can an algorithm help improve the conversion rate of leads? Los Angeles based Leads360, the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better ...

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March 18th,2013

Divshot Raises $1.1M For Visual Web App Software

Need to build a web application, and wish you could do it in a more intuitive, visual way? Divshot, one of the startups out of Los Angeles startup accelerator Launchpad LA, said today that it has raised $1.1M in a seed financing round, for...

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March 15th,2013

ARMORWAY Spins Out Of USC

A new, Los Angeles startup, ARMORWAY, has spun out of the University of Southern California, the USC Stevens Center for Innovation announced THursday. According to USC, ARMORWAY has been issued an exclusive license to commercialize software...

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March 14th,2013

Picfari Takes On Travel Photo Opps

Picfari, another, new mobile travel photo application debuted today, saying that it is looking to help travelers find the best places to take photos at popular travel destinations. According to the Newport Beach startup, founded by couple...

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March 14th,2013

Domain Associates In Chinese Healthcare Venture

San Diego-based Domain Associates is thinking outside the box. The venture capital box, that is. The venture capital investor said Wednesday that it has linked with Chinese advisory firm Elite Consulting, to bring advanced healthcare produc...

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March 14th,2013

Qualcomm Names Venture Investment Prize Winner

San Diego-based Qualcomm has named the winner of its annual, Qualcomm Ventures QPrize Venture Investment Competition, the company said this morning. Qualcomm said it has awarded $150,000 in convertible note funding to iOnRoad, and Israeli c...

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March 12th,2013

Why The Growth Of The Internet Is Driving EdgeCast's Revenues

What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? The company--which is in the business of operating a content deliver...

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March 12th,2013

GRP Partners Adds HauteLook's Bettinelli

GRP Partners, the Los Angeles venture capital investment firm, said Tuesday morning that it has added former HauteLook CMO Greg Bettinelli as a Partner at the firm. Bettinelli was Chief Marketing Officer at HauteLook, having taken it form s...

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March 12th,2013

Western Digital Backs Skyera

Irvine-based disk drive maker Western Digital announced this morning that it has made a strategic investment in Skyera, a developer of enterprise, solid state storage systems. WD said it co-invested in the recent, $51M funding round annou...

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March 12th,2013

Avanir Pharmaceuticals Adds Director

Aliso Viejo-based Avanir Pharmaceuticals, which is developing treatments for central nervous system disorders, said today that it has added Ms. Corinne Nevinny to its board of directors. Nevinny is General Partner at venture capital firm LM...

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March 11th,2013

Auspex Pharmaceuticals Gets Debt Funding

San Diego-based biopharmaceuticals firm Auspex Pharmaceuticals has scored a new credit facility, from Square 1 Bank, the firms announced today. According to the firms, Auspex has received a term loan to supplement the firm's working capital...

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March 8th,2013

How Frost Venture Partners Is Incubating The Big Data Future

Stuart Frost is head of Frost Venture Partners (www.frostvp.com), and the founder of DatAllegro, which he started in Orange County and eventually sold to Microsoft for $275M in 2008. DatAllegro was one of the first companies in what is no...

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March 7th,2013

Video Game Maker Pulls In More Than $1.9M On Kickstarter

Think you need to find a venture capitalist or angel investor to help you fund your great new idea for a videogame? Think again. A Newport Beach-based videogame publishing firm, inXile, has just raised $1.9M (and counting) in funding on t...

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March 7th,2013

Scopely: Out With The Bacon, In With The Cash

Scopely, the Los Angeles developer of game monetization services, told its supporters today that it will pay $5,000 in cash to anyone who refers job candidates that result in a hire for the company. The firm--billing the effort "Operation H...

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March 7th,2013

Qualcomm Backs 3D Scanning Startup Matterport

Qualcomm Ventures, the venture capital arm of San Diego-based communications chip maker Qualcomm, has made an investment in a developer of 3D scanning tools. Matterport said today that it has raised $5.6M in a Series A round, which was led ...

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March 6th,2013

Lindzon Backs Discoverly

Howard Lindzon, the San Diego angel investors who also heads up stock micro-messaging site StockTwits, has invested in another private company--Discoverly. Discoverly disclosed a seed round of funding worth $750,000 which included Salesforc...

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March 6th,2013

SharesPost Hooks Up With NASDAQ On Private Shares Market

SharesPost, the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDAQ OMX, the two...

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March 6th,2013

FreedomPop Debuts Free Home Broadband Service

FreedomPop, the venture-backed provider of free broadband services, has launched into the home broadband market, the company announced this morning. The firm--which has the backing of Mangrove Capital, DCM and Atomico, the venture investmen...

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March 6th,2013

CapLinked Looks To Challenge Data Room Services With Update

CapLinked, the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. The firm announced t...

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March 5th,2013

MomentFeed Signs Long List of High Profile Customers

Santa Monica-based location analytics software developer MomentFeed announced Tuesday morning that it has signed on some big brands as customers of the firm. According to MomentFeed, 7-Eleven, JCPenney, The Coffee Bean & Tea Leaf, and The H...

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March 5th,2013

Carolus Therapeutics Gets $2.25M In Debt Funding

San Diego-based Carolus Therapeutics, a developer of biopharmaceuticals aimed at treating acute and chronic inflammation, has scored $2.25M in a debt funding round, according to financing provider Square 1 Bank. According to Square 1, the n...

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March 5th,2013

Quorum Gets $11M From Former Quest CEO Vinny Smith's New Venture Firm

There's a new venture investor in town, thanks to Dell. Vinny Smith, the former CEO of Aliso Viejo-based Quest Software, appears to have become one of the most active investors in recent months in enterprise software, after starting up a ne...

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March 5th,2013

Kurion Signs Partner

Irvine-based nuclear waste management technology provider Kurion said today that it has signed on a new partner, Perma-Fix Environmental Services, a provider of nuclear and mixed waste management. Kurion said that Perma-Fix will deploy its ...

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March 4th,2013

Amgen's Kevin Sharer Joins Healthcare Venture Capital Firm

Is Amgen the next source of the healthcare industry's venture capital deals? It might be, on news that Kevin Sharer, the former CEO of Thousand Oaks-based Amgen, has joined venture capital investment firm Foundation Medical Partners. Accor...

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March 4th,2013

Arkami Racks Up Over $300K For Secure USB Drive MyIDKey

Technology veterans Tareq Risheq and Mark Thacker are no strangers to the world of high tech startups and angel and venture capital--Risheq was formerly CEO of Celllynx, Thacker was co-founder at Datallegro--but the way they're funding thei...

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March 1st,2013

Insights: Why You Should Bootstrap Your Startup

It's one of the questions every startup entrepreneur faces: should I start hitting the venture capital circuit for my company, or just bootstrap my company and get on with building my company? For our Insights and Opinions section this morn...

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February 28th,2013

Tech Coast Angels Looks To Shorten Funding Cycle

The Tech Coast Angels, Southern California's most active, organized angel investment group, has a goal: cut down the time it takes to fund a startup presenting to the organization. The angel group--which in the past, has been criticized for...

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February 28th,2013

Scopely Signs Five Independent Mobile Game Studios

Los Angeles-based Scopely, the mobile monetization service headed by Walter Driver, has signed on five mobile games developers today, saying it has added Double Fine Productions, Big Cave Games, High Line Games, Rocket Jump Games, and Zupca...

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February 28th,2013

Earbits' New Service Trades On-Demand Music Access For Social Actions

Earbits, the online radio and music marketing startup headed by Joey Flores, announced today a brand new service, which lets fans of musicians access their favorite music from artists on-demand, and for free, in exchange for social actions....

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February 28th,2013

Ignyta Raises $1M In Venture Debt

San Diego-based personalized medicine developer Ignyta has raised $1M in funding, via a capital term loan from Silicon Valley Bank, the company disclosed this morning. The firm--which is focusing on treating rheumatoid arthritis (RA), lupus...

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February 27th,2013

Selectable Media Expands To LA

Selectable Media, a digital advertising firm which lets users unlock digital content in exchange for interacting with brand advertising, said today that it has expanded to Los Angeles, as part of a growth in its footprint. The expansion cam...

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February 26th,2013

OpenX Adds Japanese Investor

Los Angeles-based OpenX Software has a new investor, the firm said today, Japanese company cyber communications, inc. According to OpenX, cyber communications, which is a wholly owned subsidiary of Dentsu Inc., joined in providing additiona...

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February 25th,2013

DataPop Launches New Semantic Advertising Product

Los Angeles-based online advertising technology provider DataPop, the startup led by Jason Lehmbeck, announced this morning that it has launched a new semantic advertising product specifically aimed at Google Product Listing Ads (PLA). Goog...

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February 22nd,2013

New Startup Incubator Launches At Loyola Marymount

There's a new, startup incubator in town in West Los Angeles--this time, launching out of Loyola Marymount University and its College of Business. According to the school, it has launched the The LMU CBA Business Incubator, a brand new star...

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February 22nd,2013

Illumina Completes Verinata Health Buy

San Diego-based life sciences tool maker Illumina said Thursday that it has completed its acquisition of Verinata Health, which provides non-invasive tests for early identification of fetal chromosomal abnormalities. The deal--which had bee...

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February 21st,2013

Insights and Opinions: 13 Tips For Tech Startup Founders

For our Insights and Opinions section today, Sean Callahan--who co-founded Plixi, and is now working on SlimSurveys--gives thirteen tips for tech startup founders. Sean is also author of Startup Field Guide, Mistakes To Avoid, Tips to Get A...

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February 21st,2013

Xirrus Raises $10.1M More

Xirrus, the wireless hardware provider based in Thousand Oaks, has just raised $10.1M in a funding round, part of an ongoing $11.0M funding, according to a regulatory filing by the company. Details on the funding have not yet been announc...

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February 21st,2013

Special Report: Who's Funding What, Really?

There's been a lot of talk about the boom in Southern California's startup world. Driven by success in the sector, accelerators, serial entrepreneurs, and more, there are more startups starting and relocating here than ever. However, local ...

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February 20th,2013

Ambit Biosciences Files For IPO

San Diego-based Ambit Biosciences has filed for an IPO, saying in an S-1 with the SEC that it is looking to raised $57.5M in a funding round. The firm said it intends to list as AMBI on the Nasdaq Global Market. The IPO is being underwrit...

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February 19th,2013

Fisker Automotive Entertains Bids From Chinese Automakers

Has troubled, Anaheim-based automaker Fisker Automotive found a buyer yet? News over the weekend from Bloomberg said that Chinese car company Dongfeng Motor Group has offered $350M for an 85 percent in Fisker, and that Chinese auto firm Gee...

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February 19th,2013

Jeda Networks Takes On Storage Networks

Newport Beach-based Jeda Networks, a new startup in the storage networking arena, said today that it has unveiled its technology, with the backing of U.S. Venture Partners and Miramar Venture Partners. The firm said it is developing softwar...

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February 19th,2013

Aviir In Middle Eastern Distribution Deal

Irvine-based Aviir, a life sciences startup developing laboratory tests for cardiovascular disease, said today that it has signed a distribution and expansion pact covering 19 Middle Eastern and North African countries. Aviir said it has in...

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February 15th,2013

Science Inc. Gets $30M From Hearst

Science Inc., the technology startup incubator and studio headed by former MySpace CEO Michael Jones, has raised around $30M in funding from Hearst Ventures, the venture capital arm of Hearst Corporation, Hearst said this morning. Science I...

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February 13th,2013

DriveCam Gets Investment From Volvo

San Diego-based DriveCam, the developer of driver monitoring systems for commercial automobile fleets, said this morning that it has received a strategic investment from Volvo Group. Financial details of the investment were not announced. A...

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February 13th,2013

Verve Mobile Lands $14M From Qualcomm, Others

Verve Mobile, a developer of location-based, mobile advertising services, said today that it has raised $14M in a Series C funding. The firm--which has an office in Carlsbad, but is based in New York--said that Qualcomm and Nokia are new in...

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February 13th,2013

MomentFeed Confirms Funding

Location-based analytics company MomentFeed, which is in Los Angeles, has confirmed the details of its funding round, saying that the $1.8M raised by the firm earlier this month came from existing investors Gold Hill Capital, DFJ Frontier, ...

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February 12th,2013

RightScale Lands $15.6M More

Santa Barbara-based RightScale, the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not y...

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February 12th,2013

DriveCam Hits $100M In Revenues

DriveCam, the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. The firm said it ended 2012 with orders in...

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February 12th,2013

Aviir Snags $10M In Second Tranche Financing

Irvine-based Aviir, a developer of cardiovascular disease testing technology, said today that it has raised $10M in a second financing tranche, after meeting a revenue milestone. According to Aviir, the round was led by Merck Global Health ...

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February 11th,2013

Karlin Ventures Sets Up Community Office Hours

Are you an entrepreneur looking for a sympathetic ear from a local venture capitalist on your idea? Karlin Ventures, one of the newest venture capital funds to emerge in the Los Angeles area, said today that it has launched a new "community...

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February 11th,2013

MediaShift Buys Travora

Glendale-based MediaShift, a newly formed online advertising company, said today that it has acquired travel advertising network Travora Media. Financial terms of the deal were not disclosed. The company said it will be enhancing Travora's ...

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February 11th,2013

Ranker Hits 1M Votes In January

Ranker, which is backed by Draper Associates, Rincon Venture Partners, Siemer Ventures, Data Collective, Gil Elbaz, Tech Coast Angels, and the Pasadena Angels, has hit 1 million votes on its site in January, the company said last week. Rank...

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February 8th,2013

Anametrix Names VP

Anametrix, the San Diego developer of digital marketing analytics software, said Thursday that it has hired Olivier Silvestre as its new VP of client success. Silvestre has served at Certona Corp., was a co-founder at Tealium, and also serv...

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February 7th,2013

Nimble Links Contact Records, Web Pages

Nimble, the developer of web-based, contact management software, said Thursday that it has enhanced its software to allow users to link any web page to contact records in the product. Nimble--which is led by CRM software vet Jon Ferrara--sa...

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February 7th,2013

Gradient X Snags Exec From OpenX

Gradient X, the online mobile marketing and advertising technology developer backed by GRP Partners, Rincon Venture Partners, Crosscut Ventures, Founder Collective, Double M Capital, Baroda Ventures, Siemer Ventures, and others, has snapped...

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February 6th,2013

NationBuilder Loses Co-Founder

Los Angeles-based software developer NationBuilder, which develops an online system to help political campaigns create websites, organize, coordinate volunteers, fundraise, and more, has just lost its co-founder and President, Joe Green. Ac...

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February 5th,2013

LaunchpadLA Application Deadline Nears, As Class Graduates

Interested in getting some help in getting your startup off the ground and funded? Launchpad LA, the Los Angeles startup accelerator program which is run by Sam Teller, and was founded by venture capitalist Mark Suster, is gearing up for ...

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February 5th,2013

Viddy Thrown Into Turmoil As O'Brien Loses CEO Post

Live by the echo chamber, die by the echo chamber. Or so, it seems, as Los Angeles-based mobile video sharing startup Viddy learns that being the startup-darling-of-the-second isn't all that it's cut out to be for a startup. Viddy has lost ...

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February 5th,2013

Siemer Ventures Backs Ribbon

Los Angeles-based Siemer Ventures, the venture capital investor led by Eric Manlunas and David SIemer, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. Ribbon, the develope...

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February 5th,2013

Retention Science Debuts Retention Score

Los Angeles-based Retention Science, the developer of big data analytics software for online marketing, announced today that it has launched a new "Retention Score", which it bills as a Klout Score of e-commerce. The score allows online sto...

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February 5th,2013

Morphlabs Takes On Amazon AWS With OpenStack Platform

Morphlabs, the developer of cloud-based infrastructure software, announced today that it has launched a new, Openstack-powered public cloud platform. The firm said the new software allows service providers to implement their own, public clo...

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February 4th,2013

GameSalad Ships Universal Binaries For iOS

GameSalad, the Los Angeles- and Austin-based developer of software which makes it easy for game developers to develop their own, Apple iOS and web games without coding, has just launched a new, universal binary for ioS. The new feature--whi...

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February 1st,2013

LA's Innovators Get Spotlight, But Investors Cautious

The Los Angeles innovation economy is alive, well, and looks to be getting widespread recognition--finally--beyond just local high tech investors and executives, based on the turnout at an event Wednesday held by CSQ, which publishes a quar...

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January 31st,2013

TruTouch Technologies Ups Series B-1 To $4.3M

Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies, which develops biometric, alcohol detection systems, said today that it has raised $4.3M in its Series B-1 funding round. The funding came from iTulip Community...

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January 31st,2013

Capturing The Entrepreneurial Energy At StartEngine's Demo Day

It was standing room only at StartEngine's Demo Day Wednesday afternoon, held at Santa Monica's Cross Campus, as the startup accelerator launched eight of its latest startups into the world, after a 90 day process of mentoring, honing the...

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January 31st,2013

GRP Partners Gets Exit At mFoundry

Los Angeles-based venture capital investor GRP Partners has scored an exit at one of its firms this morning, mobile banking and payment provider mFoundry. According to mobile financial services firm FIS, it is paying approximately $120 mill...

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January 30th,2013

Tinder Takes On Dating Via iPhone

Is your iPhone the answer to your romantic life? Tinder, a brand new iPhone dating app created by Sean Rad and Justin Mateen of Hatch Labs, has just launched, in a quest to help users better connect with others via their iPhone. The new app...

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January 30th,2013

iRise Updates Platform

El Segundo-based iRise, which develops enterprise software visualization tools used for prototyping and specifying corporate applications, said today that it has released a new version of its platform. The firm said the update includes feat...

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January 29th,2013

Rubicon Project: LA's Next IPO?

Rubicon Project, the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday...

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January 29th,2013

EcoMom's Jody Sherman Passes Away

Jody Sherman, founder and CEO of Los Angeles-based startup Ecomom, has passed away, according posts on his Facebook account and in multiple reports. Details on Sherman's death have not been released or confirmed by EcoMom or his family, how...

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January 29th,2013

FileTrek Adds Reseller

FileTrek, the developer of file tracking software, said today that it has signed up a value added reseller in the security, risk, legal, and compliance area. The firm said that NuTech Integrated Systems has partnered with the firm, via a re...

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January 28th,2013

GrubTonight Launches Social Dinner Reservation Service

What's the best way to meet new people, and expand your social circle in a city? One way might be to try out GrubTonight, a newly launched iPhone application from Venice-based Grubwithus, which allows users to find organized dinners in a lo...

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January 28th,2013

Qualcomm Funds Video Conferencing Firm

San Diego-based Qualcomm is the lead investor in a developer of cloud-based, HD video conferencing services. Zoom Video Communications, which is based in Santa Clara, California, said this morning that it has raised a Series A financing rou...

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January 24th,2013

Gobbler Gets $1.5M More

Los Angeles-based Gobbler, the cloud-based media backup, file sharing, and collaboration software provider run by Chris Kantrowitz, has raised $1.5M in a funding round, the firm said today. The funding came from celebrities Ryan Tedder (One...

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January 23rd,2013

SteelHouse Trumpets Conversion Rates

Los Angeles-based SteelHouse, the developer of advertising targeting and behavioral marketing technology, is showing off some of its conversion rates, saying today that its clients are seeing 21 percent click through rates by using its tech...

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January 23rd,2013

How Google's Old Offices Are Becoming A Tech Hub, with ROC's Walter Grieves

In a sign of the growth of the Silicon Beach technology world, last year, Google moved its headquarters out of a space on Arizona Avenue in Santa Monica, and into a new fancy headquarters space in Venice. However, it appears the spirit of i...

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January 22nd,2013

Kareo Raises $20.5M For Medical Billing Software

Irvine-based Kareo has raised $20.5M in a Series F funding, led by Stripes Group and also including Western Technology Investment. Kareo develops software that provides medical office for small practices. The firm has previously raised fund...

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January 18th,2013

Local Startups Draw Far And Wide For Funding In Q4

If you're a Southern California startup, it's most likely you're going to find funding from local, Southern California startup funds, right? Maybe not. According to data from the latest PricewaterhouseCoopers/NVCA MoneyTree report, the fund...

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January 18th,2013

Scopely Snags Zynga Vet

Scopely, the Los Angeles-based gaming startup headed by Walter Driver, has snagged yet another Zynga veteran for the firm, the firm said Friday morning. Scopely said it has hired on Andy Kleinman, former Zynga GM, as its Chief Business Offi...

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January 18th,2013

Venture Numbers From Dow Jones Also Show Big Investment Drop

In the second set of venture capital numbers released today, Dow Jones VentureSource has released its tabulation of Q4 2012 venture capital financings, reporting similar numbers to those from PricewaterhouseCoopers, the National Venture Cap...

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January 18th,2013

Southern California Venture Deals Hit $683.7M in Q4 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M was invested across Southern California in Q4 of 2012. That total was less than ...

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January 17th,2013

OpenX Gets $22.5M More For Online Advertising

Pasadena-based advertising technology firm OpenX has raised $22.5M more in a round of funding, the company announced today, via a Series E funding round. The firm, headed by Tim Cadogan, said this morning that the new funding brings its t...

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January 16th,2013

GRP Adds Sam Rosen As EIR

Los Angeles-based venture firm GRP Partners announced Wednesday that it has hired a new, entrepreneur-in-residence for the company, Sam Rosen, who was formerly the founder of SpeakerGram in New York City, was involved in 500Startups in San ...

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January 16th,2013

Avalon Ventures Backs LoopIt

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt, according to the companies. Size of the funding was not announced. LoopIt is based in Cambridge, Mass., ...

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January 16th,2013

Redpoint Ventures Closes $400M Fund

Venture capital fund Redpoint Ventures, which has an outpost in Los Angeles, has some new cash in the bank, after announcing $400M in a new fund today, Redpoint V. The firm--which has investments in such local companies as Gravity, Chill, S...

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January 16th,2013

Siemer Ventures Gets First Exit, At CloudTrigger

Santa Monica-based Siemer Ventures, the venture investing arm of investment banking firm Siemer & Associates, reported yesterday that it saw the first exit in its portfolio recently, with the sale of company CloudTrigger. The fund also repo...

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January 16th,2013

PICS Auditing Lands $35M

PICS Auditing, a software-as-a-service developer which provides contractor screening and credentialing software, has raised $35M in a funding round, the firm sai dtoday. The minority funding came from Norwest Venture Partners. PICS said the...

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January 16th,2013

MuckerLab Unveiling New Startup Class Today

MuckerLab, the Los Angeles startup accelerator headed by Erik Rannala, is presenting its newest startup class today in a Demo Day. The accelerator said that the demo day is a culmination of its latest three month program, which included ten...

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January 15th,2013

Accelerator Demo Day Season Kicks Off Tomorrow

It's a new year, and another batch of accelerator startups, as Demo Day season in Los Angeles kicks off this week. The first Demo Day of 2013 in Los Angeles is tomorrow, as MuckerLab launches its latest class of startups; fellow Los Angeles...

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January 15th,2013

Ross Levinsohn Named Head of The Hollywood Reporter

Ross Levinsohn, the former head of Yahoo and Fox Interactive Media, has just been appointed CEO of Guggenheim Digital Media, the parent firm of The Hollywood Reporter, Billboard, Adweek, and other entertainment focused properties. According...

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January 14th,2013

DFJ Frontier, Anthem Boost Janrain

Two local venture capital funds here in Southern California have backed Janrain, a developer of user management software tools used by websites to better manage registration and site visitors. According to Janrain, it has raised $33M in fun...

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January 14th,2013

Convertro Lands $5M For Ad Targeting

Convertro, the online advertising targeting and optimization technology developer headed by serial entrepreneur Jeff Zwelling, has raised $5M in a Series B funding round, the company said this morning. The firm said the funding came from Be...

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January 14th,2013

Tongal Raises $15M For Crowdsourced Video

Los Angeles-based Tongal, an online platform which helps brands crowdsource video for their advertising, said this morning that it has raised $15M in a Series B funding. The funding came from Insight Venture Partners. Tongal, which was foun...

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January 10th,2013

Independa Rolls Out On Samsung Galaxy Tablets

San Diego-based Independa, the developer of software tools to help seniors live longer on their own, said Wednesday that it has rolled out its Independa Angela social engagement product on the Samsung Mobile Galaxy Tab 2. The firm, which is...

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January 9th,2013

ZPower Gets ISO Certification

Advanced battery technology developer ZPower announced a new ISO 9001:2008 certification for its rechargeable silver-zinc batteries, the company said today, another step in its efforts to bring its technology to market. The Camarillo compan...

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January 8th,2013

NantWorks, JAKKS Joint Venture Shows Disney-Branded Toys

DreamPlay Toys, the joint venture between NantWorks, the technology incubator and development organization run by billionaire Patrick Soon-Shiong, and JAKKS Pacific, announced their first products at the Consumer Electronics Show Tuesday in...

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January 8th,2013

FreedomPop, textPlus Partner On Free Wireless Data, Text, and Voice

Are you looking for free mobile data, text, and calling? Two, Internet-enabled communications startups, FreedomPop, and TextPlus said this morning that they are working together to introduce a 100 percent free mobile data, text and calling ...

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January 7th,2013

What You Missed On Your Holiday Vacation, SoCal Technology Edition

It's a new year and it's time to get back to work. For those who've been relaxing on a tropical beach for the last two weeks (or visiting friends in family, shopping, or otherwise doing other stuff), we present our guide to "What Happened O...

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January 7th,2013

Illumina Buys Verinata Health

San Diego-based life sciences equipment firm Illumina said over the weekend that it is in an agreement to acquire Verinata Health, a provider of non-invasive testing for fetal chromosomal abnormalities. Illumnina said it would pay $350M plu...

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January 4th,2013

Anametrix Names New CEO

San Diego-based Anametrix, the venture-backed developer of marketing analytics software, said today that it has named Pelin Thorogood as its new CEO. Thorogood was previously CMO at the company. Thorogood also joins the company's board. She...

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January 3rd,2013

SolarFlare Raises $22M More

SolarFlare, the developer of high speed networking devices, has raised a new, big $22.0M funding round, according to a regulatory filing from the firm. According to the filing, the firm has raised $22.0M out of an ongoing $23.8M funding rou...

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January 3rd,2013

Cooley Attorneys Setting Up Venture Fund

Silicon Valley law firm Cooley LLP made some big waves in July with an expansion into "Silicon Beach" and a new office in Santa Monica. Today, a report says that a number of the firm's attorneys have created a new startup investment fund, t...

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January 2nd,2013

9 Ways socalTECH Can Help You With Your New Year's Resolutions

Have you compiled your list of New Year's resolutions? We're here to help you in 2013, with our own set of ways we might be able to help you reach your goals for the coming year. 1. Find a new job. Browse our job postings, and navigate o...

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January 2nd,2013

Kurion Shuffles Execs

Irvine-based Kurion, the venture-backed developer of nuclear waste management technology, said this morning that it has shuffled its executive team. Ralph DiSibio, the company's Chairman of the board, becomes Executive Chairman and CEO. For...

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December 31st,2012

Southern California's Top 10 Most Popular Tech Stories Of The Year

What was Southern California's technology community most interested in 2012? As part of our end-of-the-year coverage, we've run through our web statistics and figured out which were the most popular (if maybe not the most important)...

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December 28th,2012

What Mattered in 2012: Paul Bricault, Amplify LA

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, inv...

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December 28th,2012

What Mattered in 2012: Marc Averitt, Okapi Venture Capital

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, inv...

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December 27th,2012

Qualcomm Backs goBalto For Clinical Trials Software

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has backed goBalto, a developer of clinical trial workflow software. goBalto said it raised $12M in a Series B funding, which was led by Singapore Economic Development ...

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December 27th,2012

AwarePoint Receives $4.0M In Funding

San Diego-based AwarePoint has raised $4.0M, part of an ongoing, $10.4M funding round, according to a regulatory filing by the firm. The filing indicates the round is a convertible round for the company, and includes JAFCO Technology Partne...

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December 27th,2012

What Mattered in 2012: Mark Suster, GRP Partners

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, inv...

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December 26th,2012

What Mattered in 2012: Erik Rannala of MuckerLab

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, inv...

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December 24th,2012

Surf Air Raises $2.6M

Santa Monica-based Surf Air, the startup airline headed by Wade Eyerly looking to create a subscription-based, all-you-can-fly airline between Los Angeles and Silicon Valley, has raised around $2.6M, part of an ongoing funding round worth $...

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December 21st,2012

Playsino Releases First Two Network Titles

Santa Monica-based Playsino, the developer of social casino games, said Friday that it has released the first two games under its Publishing Network effort. The new games are Five-O Poker, developed by Israel-based Chiki Gaming, and Yalla T...

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December 20th,2012

MEI Pharma Gets $27.5M In PIPE

San Diego-based MEI Pharma, a publicly traded developer of oncology drugs, said today that it has completed a $27.5M private placement. The new funding was led by Vivo Ventures and New Leaf Venture Partners. MEI Pharma said the new funding ...

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December 19th,2012

Domain Associates, Rusnano Boost Three Firms By $93M

San Diego-based venture capital firm Domain Associates and its Russian partner, Rusnano, have put part of their $760M, late stage investment fund to work, investing a total of $93M in funding in three portfolio companies of Domain. The two ...

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December 19th,2012

ParkMe Competitor Finds Funding

Santa Monica-based Parkme, the developer of smartphone applications which help users find real-time parking information, has a new, funded competitor: ParkWhiz.com. ParkWhiz, based in Chicago, said Wednesday that it has raised $2M in a Seri...

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December 19th,2012

Allergan Completes SkinMedica Buy

Irvine-based Allergan said today that it has completed its $350M acquisition of Carlsbad-based SkinMedica, the developer of aesthetic skin care products. The acquisition had been announced on November 12th. As part of the acquisition, SkinM...

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December 19th,2012

Tubular Labs Finds $2.5M More

Tubular Labs, the developer of analytics tools for YouTube networks--which is backed by a significant number of Los Angeles angel investors--has added another, $2.5M to its warchest in a new funding. The firm--which was seeded by Allen DeBe...

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December 19th,2012

How Honey Offers A Shortcut To Savings, with Ryan Hudson

As an online shopper, do you wish you could instantly and automatically find and use all of those coupon codes floating out there--without having to search for and test them all out every time you're at an e-commerce site? That's exactly wh...

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December 19th,2012

Newport Media Gets $10M In Venture Debt

Lake Forest-based Newport Media, a developer of wireless semiconductors for the broadcast media industry, has received $10M in a venture loan, according to the firms providing the financing. The loan came from Horizon Technology Finance Cor...

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December 18th,2012

SGN Launches Cross-Platform Development Tool

Los Angeles-based social and mobile game development firm, SGN, said today that it has launched a new tool called MasterKey, which it says can be used to develop cross-platform titles. The firm said the proprietary technology allows its to ...

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December 17th,2012

Verdezyne Sells Technology To DuPont

Carlsbad-based Verdezyne, the developer of industrial biotechnology and renewable chemicals, said today that it has sold its proprietary xylose isomerase technology to DuPont Industrial Biosciences. Verdezyne did not disclose financial deta...

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December 14th,2012

ThisWeekIn.com To Wind Down Video Podcasting Network

There's a lot of startups being built in Los Angeles around content, and it appears the consensus is that you indeed, can create a big business around video for the web. But, apparently, that doesn't apply to a technology focused, online vi...

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December 13th,2012

Peering Into The Mobile Games Future With Josh Hartwell of Mobile Deluxe

What does the world have in store for the mobile games market, and how do mobile games developers look at the world? We sat down with Josh Hartwell, CEO and Founder of Mobile Deluxe (www.mobiledeluxe.com), the Santa Monica mobile games deve...

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December 12th,2012

LA Group Launches Effort To Promote Technology Corridor In Los Angeles

What's the best way to encourage development of the technology industry in Los Angeles? A new group, headed by Major Villaraigosa and including a notable list of local entrepreneurs, investors, and others in the technology industry, announc...

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December 12th,2012

FreedomPop Takes On Home Broadband

Los Angeles-based free, broadband access firm FreedomPop--which is backed by the founders of Skype--said today that it is expanding into the home broadband market. The company said it will begin accepting preorders for a home modem which wi...

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December 12th,2012

Capturing Music, Life, and More With Vyclone, with David King Lassman

What's the best way to capture the important things in your life on video, and share them with friends? Los Angeles-based Vyclone (www.vyclone.com) has created a mobile application which lets users capture videos, and automatically edits an...

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December 11th,2012

One King's Lane Raises $50M

Online home furnishing retai