socalTECH

SEPTEMBER 21, 2015

Venice, California-based Headspace , the developer of a mobile app that helps people meditate, has raised $34M in a funding round, the company disclosed over the last few days. The funding came from The Chernin Group, and also included Advancit Capital, Allen & Co., Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures, and William Morris Endeavor, along with celebrities Jessica Alba, Cash Warren, Jared Leto, and Ryan Seacrest.

Venice 185

Venice Mobile Capital Funding 185

InfoChachkie

SEPTEMBER 21, 2015

A version of this article previously appeared in Forbes. Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. SaaS-based companies grow - The SaaS market is growing 3x faster than the software market (20% vs. 7%), and this rate is expected to continue through 2020.

SaaS 183

SaaS Entrepreneur Startup Satisfaction 183

socalTECH

SEPTEMBER 21, 2015

Did you ever wish you could tell the story of your life as a comic strip? A new, San Diego startup, Lomics , said this morning that it has rolled out a mobile app which lets you capture yourself on camera, and create a comic--complete with speech and thought bubbles--where you can tell your own story. The startup said the app lets users shoot videos, which the app automatically frames and turns into live comics.

Mobile 177

Mobile San Diego Los Angeles Startup 177

Startup Professionals Musings

SEPTEMBER 21, 2015

As a startup advisor, when I suggest cooperating with competitors, most entrepreneurs initially think I'm crazy or suggesting something illegal. But trust me, I’m not talking about anything sinister here, just a concept known in smart business circles as "coopetition," recognized as one of the best and fastest ways to grow a company. And growth is the lifeblood of every startup.

Startup 102

Startup Custom Customer IBM 102

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

SEPTEMBER 21, 2015

Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. The funding came from Burbank-based The Walt Disney Company, Evolution Media Partners--the investment joint venture which involves the CAA's Evolution Media Capital, TPG Growth and Participant Media--and Chine Media Capital (CMC), along with ProSiebenSat.1 SE, Axel Springer SE, The Madison Square

Los Angeles 146

Los Angeles Angel Redpoint Burbank 146

Tech.Co

SEPTEMBER 21, 2015

LinkedIn is by far the world’s largest professional network with more than 380 million members in over 200 countries and territories. But it isn’t meeting the needs of everyone, leading to the creation of several sites positioning themselves as the go-to professional network for niche industries. If you work in hospitality, you’ve got Industry. If you’re a doctor, head over to Doximity.

Education 82

Education Entertainment Class Manhattan Beach 82

Tech Zulu Event

SEPTEMBER 21, 2015

Ten years ago wearable technology was a relatively unknown thing. Most people would think of science fiction of some niche prototype device, if they knew about the concept of wearable tech at all. Ask somebody today to describe wearable technology to you, and they’ll probably talk about the latest round of smart watches, or maybe Google Glass. Wearable technology is steadily gaining ground, but what we have today is similar to the walkmans or satellite phones of the past: clunky, limited, and un

Screening 64

Screening Cloud Computing IP Technology 64

socalTECH

SEPTEMBER 21, 2015

Netflix said it has inked a deal to become the exclusive streaming provider of the season one episodes of ABC's How to Get Away With Murder , the company said Friday. Netflix started making the first season of the series available on its service this weekend, throughout the U.S., Canada, and Latin America. Financial details of the deal were not disclosed.

Netflix 138

Netflix Los Angeles Services Angel 138

socalTECH

SEPTEMBER 21, 2015

Los Angeles-based accounting and finance software developer BlackLine announced this morning that it has named Karole Morgan-Prager as the company's new Chief legal Officer. Morgan-Prager joins from The McClatchy Company, where she was vice president of corporate development, general counsel and corporate secretary. She previously also served at The Times Mirror Company and Morrison & Foerster, and has been on the boards of The Seattle Times Company, CareerBuilder, Classified Ventures and Ho

Software Development 131

Software Development Los Angeles Software Angel 131

socalTECH

SEPTEMBER 21, 2015

San Diego-based life sciences company Sequenom has named Dirk van den Boom as its new Interim President and CEO, the company announced today, after its current CEO, William J. Welch, resigned. Sequenom said Welch has resigned to "pursue other interests." van den Boom is currently Sequenom's Chief Scientific and Strategy Officer, a position he continues to hold.

San Diego 125

San Diego Company Companies 125

socalTECH

SEPTEMBER 21, 2015

Santa Monica-based investor Clearlake Capital said today that it is behind a deal where HEAT Software will acquire the Absolute Manage and Absolute Service businesses from Absolute Software Corporation. Financial terms of the acquisition were not disclosed. HEAT Software is a portfolio company of Clearlake Capital, and is based in Milpitas. Absolute Manage's business are used by organizations to manage and secure mobile and endpoint devices, ranging from PCs and Macs, to iOS, Android and Windows

Acquisition 125

Acquisition Software Capital Santa Monica 125