Wed.Nov 11, 2015

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TigerText Raises $50M In Series C

socalTECH

Santa Monica-based secure messaging provider TigerText has raised $50M in a Series C financing, the company said this morning, to help it with its growth efforts. The new round was led by Norwest Venture Partners, and also included Invus Group, Accolade Partners, plus Shasta Ventures, OrbiMed, and Reed Elsevier. TigerText is a provider of secure messaging apps, which help enterprise companies ensure compliance with a range of privacy and records laws.

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How To Take Money From Friends And Still Be Friends

Startup Professionals Musings

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. Other entrepreneurs never start their adventure, because they can’t face the prospect of even approaching friends and family for an investment kick-start.

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A Pitch Of A Different Kind: The LA Dodger's Accelerator First Class

socalTECH

It was an unusual sight at Dodger's Stadium on Tuesday evening, at least for baseball fans, as a different Dodger's team took the field: the first class of the LA Dodgers Accelerator , an effort by the team to help incubate and accelerate startups in the sports and sport-related areas. The event transformed Dodger's Stadium into a place for not baseball pitches, but startup pitches, with ten different companies pitching their companies to a large audience of investors and others in the technolog

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5 Ways IT Security Risk Assessment Can Go Wrong

Tech Zulu Event

Conducting regular information technology (IT) risk assessments is no longer an optional part of business operations for companies today. However, risk assessments are only as valuable as the processes used to conduct them. In this post, learn five ways your IT security risk assessment can go wrong and what to do to remedy each. Only Looking Back to Assess for Risk.

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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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VideoAmp Raises $15M For TV And Video Tools

socalTECH

Santa Monica-based VideoAmp , which says it is developing a "screen optimization platform" aimed at the TV and video ecosystem, said today that it has raised $15M in a Series A funding round. The funding was led by European investor RTL Group, and also included Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners, ZenShin Capital, and Startup Capital Ventures.

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Call of Duty: Black Ops III Racks Up $550M In Sales On Opening Weekend

socalTECH

Santa Monica-based Activision has released the results of the launch of its latest Call of Duty title, Call of Duty: Black Ops III , last weekend, saying that the title saw $550 million in sales worldwide. Activision bragged that the launch was the biggest entertainment launch of 2015, overtaking even theatrical box office, music and book launches. In terms of Call of Duty launches, however, the sales were significantly less than the $1 billion it racked up in 2013 on day one for its last, big C

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Amplyx Pharmaceuticals Gets $40.5M For Anti Fungal Drugs

socalTECH

San Diego-based Amplyx Pharmaceuticals announced this morning that it has raised $40.5M in a Series B funding round. The company, which is developing treatments for fungal infections, said the funding was led by RiverVest Venture Partners, and also included New Enterprise Associates, BioMed Ventures and individuals. Apmlyx has compounds in both Phase 1 and Phase 2 trials.

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CapLinked Adds New Clients

socalTECH

Los Angeles-based deal room management software developer CapLinked said Tueseday that it has added three new clients, Doxo, Fuchs & Roselli Ltd., and SearchMetrics. Financial impact of the customer additions was not announced. CapLinked develops secure document management software used for corporate M&A efforts, financings, project management, and other uses.

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VideoAmp Gets $15M For TV And Video Tools

socalTECH

Santa Monica-based VideoAmp , which says it is developing a "screen optimization platform" aimed at the TV and video ecosystem, said today that it has raised $15M in a Series A funding round. The funding was led by European investor RTL Group, and also included Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners, ZenShin Capital, and Startup Capital Ventures.

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