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NASA JPL, Tech Companies Hacked By Chinese Spies, Says Justice Department

socalTECH

NASA's Jet Propulsion Laboratory , in Pasadena, as well as dozens of technology companies--at least one managed service provider (MSP)--have been hacked by Chinese spies, according to an indictment by the Justice Department filed on Thursday.

Company 164
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Autobytel Buys Automotive Mobile Marketing Company

socalTECH

Advanced Mobile was founded in 2006. Irvine-based online auto information and leads site Autobytel has expanded into the mobile communications market, with the acquisition of Advanced Mobile, LLC , a provider of mobile apps, mobile websites, text messaging, and other mobile communications services for automotive manufacturers and dealers.

Mobile 202
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Material Acquires Aruliden

socalTECH

Los Angeles-based Material, a marketing services company that focuses on B2C and B2B brands, said this morning that it has acquired Aruliden, a global design agency also focused on brands. Financial terms of the acquisition were not announced.

Design 113
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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

2020 is set to be a record year for London’s impact tech companies, which have received $1.2 San Francisco’s impact-based tech companies have also shown strong growth over the past five years, with the data revealing that VC investment into its impact tech companies has almost tripled (2.8 times) since 2015, compared to 3.1

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BeSmartee Gets Funding For Mortgage Software

socalTECH

The company was founded in 2006. BeSmartee develops digital mortgage software, which is used by banks, credit unions, and other lenders to manage the mortgage lending process. BeSmartee is led by CEO Tim Nguyen, and was co-founded by Veronica Nguyen.

Software 113
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Final Draft Names President

socalTECH

Burbank-based Final Draft --which is owned by software developer Cast & Crew --says it has named Shelly Mellot as President of the company. According to Cast& Crew, Mellott has been at Final Draft for 14 years, having joined the company in 2006. Final Draft is a developer of screenwriting software.

Burbank 113
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MaxLinear Names CFO, Chief Corporate Strategy Officer

socalTECH

Carlsbad-based semiconductor maker MaxLinear announced this morning that it has named Steven Litchfield as the company's Chief Financial Officer and Chief Corporate Strategy Officer. Litchfield joins MaxLinear from Microsemi, where he had been Executive Vice President and Chief Strategy Officer since 2009. READ MORE>>.

Marketing 100