Tue.Jun 30, 2015

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Quarterly Gets Funding From Science

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Los Angeles-based subscription box service Quarterly , which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc. Size of the investment was not disclosed. The two said they will also partner to leverage Science's growth engine and business strategy expertise, as well as tap into Science's network of influencers.

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Chrome River Finds $100M In Funding

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Los Angeles-based enterprise software maker Chrome River , which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding came from Great Hill Partners. Chrome River said it will use the funding to accelerate global growth and support product innovation.

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HomeHero Gets $23M For Senior Home Care Marketplace

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Santa Monica-based HomeHero , a new startup providing an online marketplace for in-home, senior care services, said Tuesday afternoon that it has raised $20M in a Series A funding round. The funding came from Graham Holding Company, along with Social+Capital Partnership, Tencent Holdings Limited and The Launch Fund. The funding comes on top of an earlier, $3M seed round for the company last year from SocialCapital.

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Semtech Sees First Low Power Networking Chip Deployment

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Camarillo-based Semtech said today that it has seen its first deployment of its low power, wide area networking chipsets in North America, via network-as-a-service provider Senet. According to Semtech, Senet has deployed 50 towers with a network coverage of more than 15,000 square miles, using Semtech's LoRa technology, for an Internet-of-Things application.

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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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Inari Medical Finds $12.4M

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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 Ventures and US Venture Partners, both of which are existing investors in the company. Inari also said tun-named, medical device industry veterans also joined in the round.

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Linksys Ships New High Gain Wi-Fi Antennas

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Irvine-based Linksys , the unit of Belkin which develops home and business networking equipment, said today that it has launched a new, high gain antenna for Wi-Fi networks. The company said its new, dual-band, omni-directional antennas help provide roughly 2 times the performance over stock antennas on most wireless routers. The new antennas--which provider 4dBi gain in 2.4Ghz and 7dBi in 5Ghz--are aimed at use at the edge of Wi-Fi networks, and simply replace a router's existing RP-SMA antenna

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AnaptysBio Names Board Members

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San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it hass named two new board members. AnaptysBio said it added Hollings Renton--the former CEO and president of Onyx Pharmaceuticals-- and John Schmid--former CFO of Auspex Pharmaceuticals--to add strategic plannning and corporate finance exertise to the company's board.

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