Thu.Jun 04, 2015

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NantHealth In Precision Medicine Deal In London

socalTECH

Los Angeles-based NantHealth , the personalized medicine effort which is one of the companies run by billionaire Dr. Patrick Soon-Shiong, said today that it is deploying its platform in London, with the University Hospital Southampton NHS Foundation Trust. The two said they are working together on precision medicine efforts for cancer patients, using NantHealth's software to help manage cancer care.

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How to Turn An iPhone into a Home Security Camera

Tech Zulu Event

If you keep a smartphone or tablet long enough, it loses resale value to the point that it may eventually end up sitting in a drawer somewhere, gathering dust (try selling an iPhone 3 on Craigslist these days…). Technology advances so quickly that within a couple years, many of these devices are pretty much useless for their original purpose. However, with a little bit of ingenuity, you can turn an old iPhone into a high quality home security camera—for free!

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Orbitera Gets $2M For Cloud Billing, Sales

socalTECH

West Hollywood-based Orbitera , a developer of a cloud-based software product to help companies the sales of cloud-based software and services, including managing leads, trial subscriptions, billing, and operations, has raised $2M in a seed funding round. The company disclosed the funding Thursday. The funding came from Resolute Ventures. Orbitera is led by Marcin Kurc, who had previously been at Amazon Web Services; the company says it was incubated out of software company Boxador Labs.

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Drive your recurring revenues.

Berkonomics

This week, our guest post is by David Steakley, a past President of the Houston Angel Network, and a reformed management consultant. David is an active angel investor, and manages several angel funds in Texas. . I have a positive fetish for recurring revenue. When I hear a company pitch a business model which I believe has the potential to acquire a customer once, and keep the customer paying for a multi-year period without further marketing expense, my ears perk up.

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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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Advantage Sales and Marketing Buys Atlas Technology Group

socalTECH

Irvine-based sales and marketing company Advantage Sales & Marketing said late Wednesday that it has acquired Atlas Technology Group >, a technology company which develops applications for helping retailers improve their product sales in stores. Financial terms of the buy were not disclosed. Atlas Technology Group helps retailers and consumer packaged goods (CPG) manufacturers improve their product sales in stores.

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Calhoun Vision Finds $69M For Intraocular Lenses

socalTECH

Pasadena-based Calhoun Vision , a company which is developing implantable, light adjusting intraocular lenses used to treat cataract surgery, has raised $69.0M in a funding round, the company said today. The financing was led by Longitude Capital, and also included H.I.G. BioVentures, Balance Point Capital Partners, and RA Capital Management. The company, led by Rick Heinick, says it is developing a light adjustable lens which can be adjusted by physicians following cataract surgery, to adjust t

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CallFire's FireText Integrates with Freshdesk

socalTECH

FireText , the UK-based SMS marketing service whici s now owned by Santa Monica--based CallFire, said this week that it has integrated its software for customer support software provider Freshdesk , allowing companies to interact with their customers via texting. FireText said the integration allows companies to add text message to their customer service efforts, letting them update, notify, and stay in touch with customers via SMS.

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Mojix Acquires TierConnect

socalTECH

Los Angeles-based Mojix , the developer of RFID-based wireless sensors, said it has acquired TierConnect , which develops connected enterprise applications. Financial terms of the buy were not disclosed. TierConnect was based in Michigan. Mojix said that it will add over 100 software engineers to the company as part of the acquisition, including TierConnect's two founders, Gus Rivera and Terrence Crown.