Wed.Jan 27, 2016

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Hollywood Software Acquired By Rentrak

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Los Angeles-based Hollywood Software, Inc. (HSI), a provider of enterprise software for managing digital movie distribution, has been acquired by Rentrak , a provider of viewer analytics and tracking of movie and television consumption. Financial terms of the buy were not disclosed. Rentrak said the buy will allow it to provide "highly valuable" movie analytic tools.

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TechZulu Presents | 2016 LA Investor Startup Forecast

Tech Zulu Event

TechZulu is excited to invite you to the 2016 Startup and Entrepreneur Forecast taking place Thursday, February 11 from 7 p.m. to 10 p.m. at Cross Campus in Santa Monica. We will have amazing panelists from Crosscut Ventures, Machine Shop Ventures, Techstars, and more to be announced soon who will share their insights and forecast for startups in 2016.

Startup 63
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Tongal Names Chief Marketing Officer

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Los Angeles-based creative video crowdsourcing site Tongal has named a new, Chief Marketing Officer, saying it has named Amanda Malko to the new position. Malko was previously CMO of digital marketing agency 360i. She has also served at The Associated Press and Massive Incorporated. Tongal offers up an online platform which helps brands, studios, and creators develop video content, including advertising and short films; the company says that it now has powered more than 1,000 campaigns.

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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. I still generally advise software startups to file a patent as a barrier to entry from competitors and to increase their valuation by investors, but every entrepreneur needs to understand the tradeoffs.

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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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FACEIT Finds $15M, Sets Up Shop In LA

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FACEIT , a online, competitive gaming site founded in London in 2012, says that it has set up shop in Los Angeles, and raised $15M in a Series A funding round. The funding round came from Anthos Capital, Index Ventures, and United Ventures. FACEIT offers up an online site for competitive gaming and esports, allowing players to compete against each other and to win prizes.

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Hulu Inks Deal With IFC Films

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Santa Monica-based online movie and television streaming site Hulu says that it has inked a deal with IFC Films , to act as the exclusive streaming home for all future documentary releases from IFC Films, Sundance Selects and IFC Midnight. Financial details of the deal were not disclosed. Hulu said the streaming release will directly follow theatrical releases of those films.

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Disney Accelerator Alumni StatMuse Picks Up $10M Round

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StatMuse , one of the companies to emerge out of the Disney Accelerator in Burbank last fall, said this morning that it has raised $10M in a Series A funding round. The round came from Techstars, The Walt Disney Company, Allen & Co., Greycroft Partners, Promus Ventures, Haas Portman, Deep Fork Capital, and Bee Partners. The round also included former NBA commissioner David Stern and the United Talent Agency.

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Halozyme Raises $150M In Debt Funding

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San Diego-based biopharmaceuticals developer Halozyme Therapeutics said yesterday that it has raised $150M in royalty-backed, debt financing. The financing came from Pharmakon Advisors and Athyrium Capital Management. According to the company, the funding will go towards a Phase 3 cancer study in cancer patients. Halozyme said the non-dilutive financing is secured by future royalties of its ENHANZE products from Roche and Baxalta, and that the debt was issued at 8.75 percent plus the three-month

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Memeni Gets $2.5M For Community Software

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Newport Beach- and Tel Aviv-based Memeni , which develops a social software plaform to help brands create their own, online communities, has raised $2.5M in an angel investment round, the company disclosed Tuesday. Names of those investors were not announced. Memeni is led by Arik Benzino. Memeni's software lets brands create their own online community of users.

Software 109