Wed.Jun 22, 2016

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Burner's New App, Ghostbot, Takes On Unwanted Texting

socalTECH

Los Angeles-based Burner , the developer of a smartphone app to let you create temporary, "burner" phone numbers, has rolled out a new "bot" which helps users take on unwanted texting. According to Burner, its new Ghostbot is a text message autoresponder, which works with Burner, which is designed to handle unwanted, aggressive, or abusive texting situations--particularly, in online dating.

Design 124
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Tetra Tech Receives $45M Contract From National Guard Bureau

L.A. Business Journal

Pasadena-based Tetra Tech Inc. announced Wednesday that it received a $45 million contract from the National Guard Bureau.

Pasadena 133
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Kuber Financial Buys Mobilend

socalTECH

Orange, California-based Kuber Financial , a financial technology developer for the consumer and small business market, said that it has acquired Mobilend , a developer of a mobile, software-as-a-service, lending platform developer. Financial terms of the acquisition were not announced. Kuber Financial is led by Timothy Li. Mobilend's CEO and co-founder was Justin D'Ambra.

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Silicon Beach Roundup June 22: FAA Announces Drone Filming Rules

L.A. Business Journal

FAA announces drone filming rules, Tetra Tech wins $45 million contract, Ad Hoc Labs launches anti-date bot, and more.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Microsemi Invests In Veracity

socalTECH

Aliso Viejo-based semiconductor developer Microsemi has made an investment in San Juan Capistrano-based Veracity , a developer of industrial, network security software, as part of a collaboration in the Internet-of-Things (IoT) market. Financial details of the investment were not announced. Microsemi said that Veracity will use its minority investment to fund its product development efforts.

Invest 113
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Radicle Accelerator Fund Launches to Nurture AgTech Innovation

Xconomy

Radicle, a new accelerator fund focused on agricultural ventures, is launching today with plans to seed and nurture the next generation of agtech companies addressing global farming problems. The new accelerator will have locations in multiple states and around the world. Radicle, which takes its name from the botany term for the part of a plant embryo that develops into the primary root, was founded by a mix of agricultural investment and industry heavyweights.

Funding 68

More Trending

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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

Almost every entrepreneur looking for outside investors has heard the annoying rejection, “You are just too early – come back when you have more traction.” That should make you wonder - how do you measure traction in a metric? If it’s so important to investors, perhaps you should be using traction to measure your own progress, independent of a need for additional funding.

Metrics 57
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Business.com Acquired By Purch

socalTECH

Carlsbad-based Business.com , the online business directory and information site which was most recently in the hands of JMI Equity, has been sold to New York-based content publisher Purch , the two said Wednesday afternoon. Financial terms of the acquisition were not disclosed. Purch said the deal would help it expand into the SMB market. Purch is the publisher of such sites as Top Ten Reviews, Tom's Guide, Tom's Hardware, Live Science, and many others.

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IBM Watson Health Launches Imaging Effort for Cancer, Other Diseases

Xconomy

So far, the story of IBM Watson Health has been mostly about growth and potential. Today, it’s more about action. The healthcare computing giant, now headquartered in Cambridge, MA , is unveiling a collaborative effort in medical imaging that includes partnerships with health systems, radiology providers, tech companies, and academic medical centers.

IBM 61
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Processing.com Gets Private Equity Injection

socalTECH

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. Size of that investment was not announced. Processing.com is led by CEO Avi Chesed. The company said the funds would go to further invest in its technology and products.