socalTECH

NOVEMBER 18, 2015

Santa Monica-based CARD.com , the online financial services provider led by Ben Katz, is announcing this morning that it has raised $9M in a growth capital facility, from Columbia Pacific Advisors' Growth Capital Strategy and Fenway Summer Ventures. The company offers up a prepaid MasterCard which can be customized with a user's favorite brands and characters, from the Walking Dead and Family Guy, to Sesame Street, Star Trek and the Care Bears.

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Mobile Santa Monica Los Angeles Capital 186

Startup Professionals Musings

NOVEMBER 18, 2015

One of the business ironies that many entrepreneurs have learned the hard way in the past is that ideas which are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding. So some entrepreneurs stick with incremental solutions, avoiding more transformational or adaptive solutions implying disruptive change.

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Startup Cloud Computing Ideas Entrepreneur 102

socalTECH

NOVEMBER 18, 2015

Santa Monica-based Tuition.io , a startup that developers technology-enabled services to help millennials pay off their student loans, refinance their student loans, and pay off debt, said this morning that it has raised $5M in a funding round. The funding came from MassMutual Ventures, Wildcat Venture Partners, and Mohr Davidow Ventures. Tuition.io is led by Brendon McQueen.

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Santa Monica Services Funding Help 145

Tech Zulu Event

NOVEMBER 18, 2015

With the U.S. election cycle well and truly heating up, it’s hard to go a day without hearing about Hillary Clinton’s secret basement email gaffe. Whichever side of the political line you come down on personally, the security implications are profound. Cyber security threats are growing in variety and intensity. Private, potentially sensitive information to which Clinton was privy thanks to her time as Secretary of State was left unsecured on a non-government server, all the while fa

Email 55

Email Tips Web Development Course 55

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

NOVEMBER 18, 2015

Lawrence Ng , the co-founder of Oversee.net, said this morning that it has launched a new, startup fund called the OnRamp Fund , a $10M, international incubation fund that invests in early stage startups. OnRamp Fund said it will offer up access to mentoring and advisors, funding, and cross-border support for its startups, particularly with those looking to reach across the United States, Taiwan, and China.

Oversee.net 138

Oversee.net Incubator Startup Funding 138

socalTECH

NOVEMBER 18, 2015

Match Group , the parent company of Los Angeles-based dating app Tinder, has priced its IPO at $12.00 per share, selling 33,333,333 shares in its IPO, and will debut tomorrow on the NASDAQ Global Select Market as MTCH, despite a snafu when a UK tabloid published an interview with Tinder CEO Sean Rad. Match had estimated its IPO range at between $12.00 and $14.00 per share.

Pricing 131

Pricing Los Angeles Content Marketing 131

socalTECH

NOVEMBER 18, 2015

In an questionably timed interview, a UK tabloid the EveningStandard has published a lengthy interview with Tinder CEO Sean Rad , even as Tinder's parent company, Match Group , has recently filed for an IPO. Typically, companies in the IPO process enter a "quiet period" where executives avoid talking about their companies in public or in intereviews.

Company 125

Company Companies Acquisition Startup 125

socalTECH

NOVEMBER 18, 2015

Santa Monica-based private equity investor Clearlake Capital Group, L.P. said this morning that it has acquired Syncsort Incorporated , a developer of enterprise software based in New Jersey. Financial terms of the acquisition were not announced. Syncsort develops Hadoop and other big data integration software for the mainframe market. Syncsort is based in Woodcliff, New Jersey, and offers up Apache Hadoop, Splunk, Apache Spark, and other analytics software for the IBM z Systems mainframe and ot

Capital 125

Capital Santa Monica IBM IBM 125

socalTECH

NOVEMBER 18, 2015

WellCaster , a developer of enterprise wellness apps, has set up its operations in Los Angeles, and hired LA technology veteran Jay Goss as President of the company. The company--which originally started in New York--develops mobile apps specifically aimed at enterprise customers ofering up wellness apps to their employees. The app runs on iOS and Android.

Mogreet 125

Mogreet Los Angeles Startup Education 125

socalTECH

NOVEMBER 18, 2015

Santa Monica-based Tuition.io , a startup that developers technology-enabled services to help millennials pay off their student loans, refinance their student loans, and pay off debt, said this morning that it has raised $5M in a funding round. The funding came from MassMutual Ventures, Wildcat Venture Partners, and Mohr Davidow Ventures. Tuition.io is led by Brendon McQueen.

Santa Monica 100

Santa Monica Services Funding Help 100