Berkonomics

JULY 16, 2015

Several times a month, I’d have lunch with one of my CEOs, and each time we’d find ourselves digging into the intellectual property developed by the company over the years, just to refresh ourselves about what the intended use was back then, and whether new developments or technologies might make these older ideas and patents relevant again. Since I have been involved at the board level with so many companies over the years, sometimes I can see connections that might be missed by a CEO with a s

Patents 166

Patents Screening Startup Email 166

socalTECH

JULY 16, 2015

Woodland Hills-based Readz , a new startup that is aiming to help marketers quickly create microsites, landing pages, white papers, and other content, said today that it has raised more than $7.15M in funding, and launched its products. The company said the funding actually came over the last few years, with backing from such investors as Parana Management Corp.

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Woodland Hills Tool Mobile Marketing 151

Tech Zulu Event

JULY 16, 2015

The recent uprising and subsequent meltdown of Reddit can be attributed to the age-old problem of letting customers run your business for you. The dream of Reddit is that each individual reader will respond to every story and comment by voting for it to be promoted or demoted, resulting in the best possible content for the largest collection of readers being at the top of page.

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Buzzfeed Content Sites Custom 72

socalTECH

JULY 16, 2015

Irvine-based virtual reality headset maker Oculus --which is owned by Facebook--has acquired Pebbles Ltd. , a developer of gesture recognition technology. Financial terms of the buy have not been disclosed, however, reports place the acquisition at around $60M. Oculus said on its blog that Pebbles will help the company to advance virtual reality, tracking, and human-computer interactions.

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Blogging Acquisition Report Custom 131

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

JULY 16, 2015

Santa Monica-based Yeti , the local discovery and travel app developer led by Alex Capecelatro, has been acquired by a group of private investors, the company said Thursday morning. Financial details of the acquisition were not announced. Yeti said the investors include Jim Armstrong of March Capital Partners. Yeti--which was last known as At The Pool, and got its start as Hyphos --will now be headed by Andy Mazzarella.

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Santa Monica Acquisition Mobile Capital 131

socalTECH

JULY 16, 2015

Los Angeles-based Fandango said Thursday that its YouTube channel, Fandango Movieclips , is in a deal with YouTube Space LA , to create new, movie-themed original video content at the production space. Fandango said it has been selected for the YouTube Space LA residency program, and will have extensive use of its production facilities to experiment with new formats and innovate new types of content.

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socalTECH

JULY 16, 2015

Culver City-based NantKwest --until recently known as Conkwest--said today that it has launched an IPO effort, offering up 7,000,000 shares of its stock at between $20.00 and $23.00 per share. The company--which is developing immunotherapy products for treating cancer, infectious diseases and inflammatory disease--said it has applied to list on the Nasdaq Global Market as NK.

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Culver City Invest Marketing Funding 125

socalTECH

JULY 16, 2015

Los Angeles-based Flipagram , led by startup vetera Farhad Mohit, said late Thursday evening that it has raised $70M in a funding round, for its photo, video, and music sharing apps. The funding was led by Sequoia, and also included Kleiner Perkins Caufield & Byers and Index Ventures. As part of the funding Sequoia's Michael Moritz and Kleiner's John Doerr have both joined Flipagram's board of directors.

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Flipagram Entertainment Los Angeles Funding 125

socalTECH

JULY 16, 2015

Culver City-based NantHealth one of the family of companies that is part of NantWorks , said today that it has acquired the commercial >Healthcare Solutions business of Harris Corporation. Financial terms of the acquisition were not disclosed. The business provides systems integration for the healthcare market. NantHealth said it would combine its existing products with Harris' FusionFX suite of products.

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Culver City Acquisition Product Help 125