socalTECH

JANUARY 13, 2016

Los Angeles-based FastPay , the online lending startup led by Jed Simon, says that it has just topped $1 billion in cumulative loan volume. The company--which helps online publishers gain access to funds faster than the usual payment times for online advertising--said the volume of its loans has increased due to increase in digital ad spending. FastPay's customers use the company to manage their cash flow better, as most online ad networks and advertisers have very long accounts payable times.

Advertising 126

Advertising Los Angeles Networking Customer 126

Startup Professionals Musings

JANUARY 13, 2016

Startups provide business leadership with new products, services, and new revenue models, but leadership startups can only be built by entrepreneurs who are leaders themselves, and incent leadership in the team around them. Leadership which incents other people to be leaders is called “contagious leadership.” John Hersey, in his classic book “ Creating Contagious Leadership ,” describes nine required skills or habits for inspiring a contagious leadership culture within a startup , as well as wit

Mentor 57

Mentor Summary Startup Training 57

socalTECH

JANUARY 13, 2016

San Diego-based SPARQL City,/a> , which develops big data analytics software, has been acquired by Boston-based >a href="[link] Semantics. Financial terms of the intellectual property deal was not announced. Cambridge Semantics said it has hired former CEO and founder Barry Zane, as well as other executives from SPARQL City. Zane previously served at Applix, Netezza, and ParAccel.

San Diego 122

San Diego Software Develop Development 122

Tech Zulu Event

JANUARY 13, 2016

There are many factors to consider when your company is ready to embark upon an acquisition. If you believe your business is valuable to somebody and you want to sell or get acquired by a larger organization there are a few steps you can take to increase your value and negotiate for favorable terms. Here are the top three tips for getting what you want out of your company: 1.

Acquisition 40

Acquisition Pricing Statistics Tips 40

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

JANUARY 13, 2016

Los Angeles-based RadPad , the mobile rental marketplace startup led by Jonathan Eppers, says it proceed $40M in mobile credit and debit rent payments in 2015, and has inked a deal with MasterCard. The company, backed by Altpoint Ventures and Goldcrest Investments, said that MasterCard is giving its customers a low 1.99 percent processing fee--rather than a higher, 3.49 percent fee for other cards--if they use their card with RadPad.

Mobile 109

Mobile Los Angeles Invest Software 109

Both Sides of the Table

JANUARY 13, 2016

Mitu Network is the largest digital media company for Latinos in the US and also targeting Mexico and South America. Founded in Los Angeles by Latinos to address the growing demand for short-form online video for Millennials it is probably single-handedly improving the diversity of the tech industry as the employee base is overwhelmingly Latino and proud.

Company 217

Company Companies Netflix Content 217

socalTECH

JANUARY 13, 2016

The startup, which is behind the "robotic butler" that has been roaming the halls of the Marriott Los Angeles LAX/Century Boulevard has just scored $15M in a funding round, which includes Intel and Google. According to Savioke , a robotics startup which develops a robot aimed at the hospitality industry, it has just raised $15M in a Series A, which came from Intel Capital, EDBI, Northern Light Venture Capital, Morado Venture Partners, AME Cloud Ventures, and Google Ventures.

Google 109

Google Startup Venture Capital Los Angeles 109

socalTECH

JANUARY 13, 2016

Thousand Oaks-based Compulink Business Systems , a developer of electronic health records and practice management software, announced this morning that it has acquired Eyecom , a fellow developer of practice management software for the optometry market. Financial terms of the acquisition were not disclosed. Compulink said it acquired Eyecom from Echo, a HealthStream Company.

Thousand Oaks 109

Thousand Oaks Acquisition Software Help 109

socalTECH

JANUARY 13, 2016

Calabasas-based Ixia said today that it has launched a new set of 50GbE modules, which will allow its customers to test 50Gb Ethernet equipment. Ixia--which already has 10, 25, 40, and 100GbE modules for the market--said its product is the first, Gigabit Ethernet validation product for 50GbE. Ixia says it is part of the 25G/50G Ethernet Consortium. READ MORE>>.

Calabasas 109

Calabasas Customer Custom Product 109

socalTECH

JANUARY 13, 2016

San Diego-based biopharmaceuticals developer ACADIA Pharmaceuticals said earlier this week that it has added a new member to its board of directors. ACADIA said it appointed Jim Daly, the former Executive Vice President and Chief Commercial Officer at Incyte Corporation to the board. Daly also served at Amgen, having service as Senior Vice President, North America Commercial Operations, Global Marketing and Commercial Development, among other positions; he also served at Glaxo Wellcome/GlaxoSmit

San Diego 109

San Diego Services Marketing Develop 109

socalTECH

JANUARY 13, 2016

Los Angeles-based TYT Network has hired on BuzzFeed and Fullscreen veteran Chris Puckett as its new Vice President of Advertising & Brand Partnerships, the company said Tuesday. Puckett joins the company from Fullscreen, where he had been serving as East Coast Director of Brand Partnerships and Sales. He also had served at BuzzzFeed. TYT Network runs The Young Turks and other online properties.

Buzzfeed 109

Buzzfeed Networking Advertising Los Angeles 109

socalTECH

JANUARY 13, 2016

San Diego-based Qualcomm and Tokyo-based TDK Corporation said very late last night that the two companies are forming a new, joint venture-- RF360 Holdings Singapore PTE. Ltd. --to focus on development of RF front end modules and RF filters. The two said the joint venture will use technology from TDK in the area of micro-acoustic RF filtering, packaging and module integration, combined with Qualcomm's advanced wireless technologies, to develper RF front end modules targeted at the Internet-of-Th

San Diego 109

San Diego Technology Marketing Develop 109

socalTECH

JANUARY 13, 2016

Agoura Hills-based TouchCommerce , the online chat provider led by Bernard Louvat, has scored a major win, and has replaced LivePerson at AT&T. AT&T said this week that it had replaced its 10-year old, third party chat platform with TouchCommerce , as a part of an effort to deliver better service. AT&T said it migrated to TouchCommerce in only 60 days, in an effort it said saved the company $16.5 million in fees.

Agoura Hills 100

Agoura Hills Agoura Platform Services 100

socalTECH

JANUARY 13, 2016

Santa Monica-based digital media firm mitu , which focuses on the Latino youth market, is announcing this morning that it has raised $27M in a Series C funding. mitu, which is led by Roy Burstin, said the new round includes AwesomenesssTV, WPP Digital, and Verizon, along with existing investor Upfront Ventures. mitu said the new round brings its total raised to $43M. mitu says it now has a network of more than 2 billion, and 6,000 Latino creators offering up social media feeds on YouTube, Facebo

Media 100

Media Santa Monica Social Media Networking 100