socalTECH

OCTOBER 28, 2015

Los Angeles-based Two Bit Circus , the producer of STEM-related, experiential entertainment led by Brent Bushnell, has raised $6.5M in a Series A funding. The funding came from Techstars Ventures, Foundry Group, and Intel Capital. The company--best known for its production of the STEAM Carnival, an carnival-themed event which features high tech games but provides science and technology learning opportunities for kids--said the new funding will be used to expand STEAM Carnival into a national bra

High Tech 186

High Tech Entertainment Los Angeles Funding 186

Tech Zulu Event

OCTOBER 28, 2015

Insurance companies need to adjust their methods for charging for claims in a way that is in line with the current markets. When a company gets hundreds of thousands of records, a system to manage, filter and process those records becomes essential. This is where Big Data comes in. By creating a platform that can quickly analyze large amounts of data, insurance companies can make more effective claims and ensure greater profits.

Software Review 69

Software Review News Help Tool 69

socalTECH

OCTOBER 28, 2015

For all of the promise and appeal of drone aircraft, the growing popularity of the unmanned aerial vehicles continues to cause unexpected problems--most recently, taking out the power to almost 700 customers of Southern California Edison in West Hollywood on Tuesday afternoon. The power outage came at around 1:15pm, and came as a result of an errant drone, which severed an overhead power line on Sunset Boulevard.

West Hollywood 179

West Hollywood Hollywood Southern California Technology 179

Startup Professionals Musings

OCTOBER 28, 2015

Knowing all too well how hard it is to start a single new business, I’ve always wondered how several well-known entrepreneurs, including Richard Branson and Elon Musk , have managed to successfully lead dozens of startups to success, and thrive on the process. These special people are called serial entrepreneurs, because they have figured out how to do it over and over again.

Entrepreneur 107

Entrepreneur Mentor Startup Course 107

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

OCTOBER 28, 2015

Costa Mesa-based Connectifier , the developer of recruiting search software led by John Jersin, has raised $6M in a Series B funding, the company said this morning. The Series B funding was led by Goldcrest Capital. The company has now raised $12M in total. As part of the funding announcement, Connectifier says that it now has an annual run rate of $10M, having grown from zero revenues in 18 months; the company said it has seedn a 487 percent annual increase in its sales.

Software 138

Software Google Tool Sales 138

socalTECH

OCTOBER 28, 2015

Los Angeles-based mobile app publishing tool developer Mobile Roadie , which powers the mobile apps for such clients as The San Diego Zoo, Taylor Swift, and the Dallas Mavericks, has been acquired by app development company Intellectsoft , the two announced Wednesday. Financial terms of the acquisition were not announced. Intellectosft has offices in Palo Alto, New York, London, Oslo, Minsk, Kiev and Dubai.

Mobile 132

Mobile San Diego Tool Acquisition 132

socalTECH

OCTOBER 28, 2015

E-commerce giant Amazon.com has been sued in Los Angeles, by a group of contracts which say that Amazon.com is effectively paying them less than minimum wage to deliver its Prime Now one hour deliveries. The lawsuit , filed against both Amazon.com and Glendale, California-based Scoobeez, comes only a month after the formal launch of Prime Now to both Los Angeles and Orange County.

Orange County 131

Orange County Glendale Los Angeles Commerce 131

socalTECH

OCTOBER 28, 2015

Santa Ana-based Secure Technology Company , a developer of ruggedized computers for the military and other markets, has been sold to Benchmark Electronics in a deal worth $230M in cash. Secure Technolgoy Company was owned by private equity investor Vance Street Capital. Secure Technology's computers and other electronics are sold into the highly regulated industrial, aerospace and defense markets.

Technology 131

Technology Company Companies Equity 131

socalTECH

OCTOBER 28, 2015

Los Angeles-based.XYZ , which is led by Daniel Negari, said this week that it has defeated Verisign in a lawsuit, where Verisign had alleged that XYZ had lied about its registration numbers and growth, and for its statements about the difficulty of finding.com domain names. XYZ said it was granted a summary judgement in the lawsuit, which it claimed as an effort by Verisign to "litigate new competition out of business.

Summary 125

Summary Competition Los Angeles Angel 125

socalTECH

OCTOBER 28, 2015

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 startup, led by Dean Stoecker, develops what it calls "data blending" tools, which helps data analytics merge and blend data across multiple sources, including from internal systems, third party data providers, the cloud, and elsewhere, using drag-and-drop tools.

Tool 125

Tool Capital Software Invest 125

socalTECH

OCTOBER 28, 2015

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 investment came from TitanMed Capital, GP Healthcare Capital, and other investors. The company said it will use the funding for commercialization and development of its products.

Funding 125

Funding Equity Invest Capital 125