Both Sides of the Table

JULY 7, 2015

If you follow the Twittersphere you may have noticed several people weighing in on this recent piece by Mike Isaac of the NY Times, asking “ How Many Angels is Too Many? ” I found myself nodding through all of it with quotes like, “Seed investing is the status symbol of Silicon Valley,” said Sam Altman. I myself coined the term ENIFA (everyone now is a f **g angel) in 2011 but it didn’t stick as well as the term Unicorn did.

Angel 265

Angel Startup Seed Funding Invest 265

socalTECH

JULY 7, 2015

Shyp , an on-demand, shipping and delivery service which serves Los Angeles, said today that it has inked a partnership with charity Goodwill , where it will pick up items for the charity--for free--from Los Angeles users. Shyp--which is based in San Francisco--said it will pick up items from Los Angeles customers for the next month, as part of an expanded effort with the charity group.

Demand 149

Demand Los Angeles Custom Customer 149

Tech Zulu Event

JULY 7, 2015

The internet has revolutionized human life by being able to provide instant and quick access to information. Not only that, it has also improved how we communicate with others via our social media networks, e-mail addresses and voice chats. It has also improved the everyday services that we usually encounter—from banking, booking plane tickets, and even conducting business and the bigger picture of retail marketing.

Social Media 65

Social Media Search Engine Optimization Startup Media 65

socalTECH

JULY 7, 2015

Helio , one of Southern California's biggest telecom startup disasters, is back from the dead, and is looking to offer up its prepaid wireless services again, according to the company's website. According to Helio, it will offer up $29 a month for unlimited talk, text, and rate limited data, as it reopens the MVNO, which originallys started in Los Angeles.

Southern California 135

Southern California Startup Los Angeles Mobile 135

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

JULY 7, 2015

Doppler Labs , a developer of immersive, wearable earbuds which connect to your smartphone to adjust the sound of live audio, said today that it has raised $17M in a Series B funding round. The company's R&D headquarters are in Camarillo, California, although the company says its corporate headquarters are in New York. The funding came from The Chernin Group, David Bonderman's Wildcat Capital Management and Acequia Capital, along with Live Nation Entertainment, Universal Music Group and WME.

Entertainment 131

Entertainment Capital Funding Develop 131

socalTECH

JULY 7, 2015

Los Angeles-based WhipClip , the mobile television clip sharing app developer led by serial entrepreneur Richard Rosenblatt, said today that it has raised $40M in a Series C funding round. The funding was led by Eminence Capital, and also included Institutional Venture Partners and Raine Ventures. As part of the funding, Eminence Capital gains a seat on WhipClip's board.

Demand 131

Demand Mobile Los Angeles Capital 131

socalTECH

JULY 7, 2015

San Diego-based oncology products developer Ignyta said late Monday that it is in a clinical trial collaboration with the University of California, San Francisco (UCSF). Ignysta said that UCSF will study its compound, entrectinib, in a proof-of-concept clinical trial in cancer patients with metastatic melanoma. Ignyta said it will contribute $1M towards funding of the clinical trial, plus per-patient fees.

San Diego 125

San Diego Study Funding Product 125

socalTECH

JULY 7, 2015

Santa Barbara-based Ice Energy , a developer of energy storage products and technology, and NRG Energy have inked a deal to deploy 1,800 of Ice Energy's units as part of a new energy storage project for Southern California Edison. According to the companies, NRG and Ice Energy have been awarded a 20 year, long term contract that uses Ice Energy's "Ice Bear" technology to provide 25.6 megawatts of energy storage.

Santa Barbara 125

Santa Barbara Southern California Outsource Development Product 125

socalTECH

JULY 7, 2015

Irvine-based Drawloop , a developer of automated document creation software for Salesforce, has been acquired by Nintex , the two said Tuesday. Financial details of the acquisition were not announced. Nintex said it will be expanding both employees and oeprations at Drawloop's Irvine location. Drawloop was founded by Todd Mezrah and Jim Roberson in 2001, using Salesforce data to merge customer information into sales and service documents in Word, Excel, PowerPoint or PDF.

Technology 122

Technology Sales Acquisition Software 122

socalTECH

JULY 7, 2015

Costa Mesa-based Payoff , the consumer finance startup led by Scott Saunders, has scored a $250M commitment from alternative asset manager Marshall Wace, to go towards the company's consumer refinancing and loans. According to Payoff, the deal cover a multi-year period, and will help consumers refinance and pay off their high-interest rate credit card balances.

Funding 109

Funding Help Startup Company 109