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Catasys Sees Surge In Telehealth Enrollment Due To Pandemic

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The company says it historically sees approximately $6,500 net revenue per enrolled member. The company's software uses artificial intelligence (AI) to predict, identify, and treat mental issues among health plan members.

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Magnite Prices $350M Offering

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Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The notes are due in 2026. The company said the convertible note offering was made to qualified institutional buyers.

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Invoca's Offices Taken Over By 20,000 Honey Bees

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Invoca--which sent its workers home in March to due to the COVID-19 pandemic--apparently discovered in January that bees had taken up residence in its offices, resulting in a major bee removal operation which netted the company nearly 10 pounds of honey when the bees were removed by a local honeybee relocation firm.

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Pledgeling's James Citron: Every Business Should Be A Social Enterprise

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Citron previously founded and sold Mogreet, a developer of mobile marketing software, among other ventures. However, as it happened, we went into due diligence and got a term sheet to sell the company on my month off. What is Pledgeling? I'm thinking I'm going to have this life changing moment. I'm thinking, this is crazy.

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Funraise Creates $600K Fund For Nonprofits

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To launch the grant effort, Funraise said it is offering up grants for such hing as a year of free office space at WeWork in Southern California, $25,000 in Apple products, a $25,000 cash grant, brand marketing consultation from Ideation, a high net worth pitch to 10 philanthropists, and more. Funraise is led by CEO Justin Wheeler.

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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

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Tim Grace , who co-founded San Diego-based PointPredictive with Frank McKenna and Joe Jackson, is a startup veteran, who sold BasePoint Analytics to CoreLogic in 2009, and is a former executive from HNC Software. Tim Grace: We all get our started at HNC Software in San Diego. What is PointPredictive?

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Dot Hill Completes Cloverleaf Acquisition

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Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications , a developer of storage virtualization and management software. Dot Hill said it expects the buy to help it expand beyond the storage array market, into the higher margin storage software market. cloverleaf is based in Israel.