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DermTech Raises $10M In Series C Funding

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La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors.

TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

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Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.

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CALIENT Acquired By Chunxing

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Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., Ltd. , the two said this morning. Financial terms of the acquisition were not announced. According to the two, Chunxing buys a controlling stake in the company, and will also provide manufacturing services to CALIENT as part of the acquisition. CALIENT said it will remain in Goleta.

Syneron Candela Goes Private In $400M Deal With Apax

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Irvine-based aesthetic medical device developer Syneron Medical announced late Monday evening that it has become a private company, in a $400M go-private deal with Apax Partners. According to Syneron Medical, funds advised by Apax Partners paid $11.00 per share in cash for the company. The deal had originally announced on April 3rd. As part of the go-private deal, Syneron said that Geoffrey Crouse has been appointed CEO of the company, and also has joined its board.

Fair Raises Nearly $1 Billion In Strategic Funding Round

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Los Angeles-based Fair , the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. Fair is developing an app-driven service which allows people to gain access to a car , which they can pay for on a monthly basis and return anytime. The funding also included other, un-named strategic investors.

TeleSign Acquired By BICS For $230M

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Los Angeles-based TeleSign , which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS , in a deal worth $230M in cash plus unspecified earnout. BICS said that TeleSign has annual revenues of around $100M. As part of the deal, BICS said that TeleSign will continue to operate independently as a wholly-owned subsidiary of the company, led by current CEO Aled Miles.

Announcing the 2014 socalTECH 50: Southern California's Ones To Watch

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This is our second year of creating our list of the top 50 people to watch in Southern California''s technology industry, and it was NOT an easy task.

Famous Birthdays In Growth Mode

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Los Angeles-based Famous Birthdays , which operates an online service which lets you look up the birthdays of famous people, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office. The startup, which recently relaunched its website to add video on its many profiles, is led by Evan Britton. READ MORE>>.

MobileCause Raises $15M For Nonprofit Software

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Los Angeles-based nonprofit fundraising and crowdfunding software platform developer MobileCause has raised $15M in a Series B funding, according to the company. The funding came from growth equity firm Level Equity. As part of the funding, Levil Equity's Sarah Sommer has joined the company's board. MobileCause said the new funding will go towards "aggressive" product innovation and expansion in the US and internationally. MobileCause is led by CEO Sean MacNeill. READ MORE>>.

CrowdStrike Rolls Out Cybersecurity Search Engine

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Irvine-based CrowdStrike , which develops endpoint protection software, said earlier this week that it has launched a new search engine for cybersecurity data, called CrowdStrike Falcon Search Engine. The company specifically said it has launched a new, malware search component within the tool, CrowdStrike Falcon MalQuery, which it says gives its customers access to more than 560TB of malware for use in malware research. Pricing on the new offering was not announced.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

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We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem.

TigerText Names Two Healthcare Vets To Exec Team

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Santa Monica-based TigerText has hired on two new healthcare veterans to its executive team, the company said this week. According to TigerText, it has named Kirk Kirman as President of Client Organization, heading up sales and customer support; and Kelli Castellano as Chief Marketing Officer, leading the company's marketing strategies. Kirkman was previously VP of Enterprise Solutions at athenalheath, and also has served at TamberHealth, Zix Corporation, and Amicore.

PatientPop Links With Electronic Health Records Software From Greenway

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Santa Monica-based PatientPop , the developer of healthcare scheduling and practice management software for healthcare providers, has linked up with electronic health records software developer Greenway Health. According to the two companies, they have added patient scheduling integration between Greenway Prime Suite and PatientPop's practice management software.

Accruent Founder Friedman Steps Away From CEO Role, Shifts To Chairman

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Real estate management software developer Accruent , which was founded 20 years ago in Los Angeles by Mark Friedman, said today a that Friedman--its CEO for nearly 20 years--is shifting to become Chairman of the board. John Borgerding becomes CEO of the company. Friedman is stepping away from the CEO role four months after the company was acquired by Genstar Capital. Accruent still has offices in Los Angeles, but recently has been headquartered in Austin, Texas. Accruent was founded in 1995.

Site1001 Finds $6M

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San Clemente, California- and Kansas City, Missouri-based Site1001 , a developer of software for facilities maintenance and management, has raised $6M in a Series A funding, according to the company. The company, which is led by Southern California serial entrepreneur Cleve Adams, has previously raised funding from Flyover Capital, Tifec and Ward Ventures. READ MORE>>. site1001 venture capital software facilities management maintenance saas

How OneStop Internet Is Powering Ecommerce For Brands

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If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing.

Interview with Shaan Sethi, Jaanuu

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It's fairly unusual to see an apparel company with venture backing, and particularly unusual to see one with the strong lineup of investors that LA-based Jaanuu (www.jaanuu.com) has behind the company.

Elevate Launches Analytics Team In San Diego

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San Diego-based Elevate Credit , a fintech startup aimed at providing credit to non-prime customers, said it has launched a new "Advanced Analytics" center in San Diego. The company said the San Diego team has more than 35 data scientists, including more than 25 member with advanced degrees, and eight with PhDs.

Interview with Jeff Kukowski, SecureAuth

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In a world where there seems likes there is a major, security breach every day, where usernames and passwords are just not enough because they keep getting stolen, and where hackers have even started to hijack people's mobile phones to break into accounts, what do you do? Irvine-based SecureAuth (www.secureauth.com) has its own approach and opinions on what ought to be done.

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Interview with Robert Blatt, MomentFeed

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For today's interview, we thought we'd catch up with Robert Blatt , the CEO of Los Angeles-based MomentFeed (www.momentfeed.com), which recently announced a $16.3M funding led by Level Equity. It's been quite a few years since we spoke with the company. What is MomentFeed up to nowadays? Robert Blatt: We say to people that we do customer experience for multi-location brands.

Ground Control Aims At Voice Activated Entertainment, Backed By CAA

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Los Angeles- and Vancouver-based Ground Control , a new startup led by LA technology veteran Mike Macadaan, said on Wednesday that it has launched with the backing of the Creative Artists Agency. According to the startup, is is developing "voice-activated entertainment experiences" and interactive audio technology, which will tape into well-known personalities across entertainment, sports, politics, music and beyond.

Kixer's Co-Founders On Mobile Ads and Early Exits

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It's not all that often that you hear of a local startup being acquired after only raising less than $1M in funding, because the company was growing so fast, rather than because an idea didn't pan out.

Loot Crate Adds Maker's Ynon Kreitz As Chairman, Hits Profitability

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Los Angeles-based subscription e-commerce startup Loot Crate , which offers up monthly deliveries of curated "mystery boxes" to fans, said on Friday that former Maker Studios CEO Ynon Kreitz has joined the company's board as Chairman. The company also said it has become profitable for the first time. Kreitz served as CEO of Maker Studios from 2013 through its acquisition in 2015 by Walt Disney, and was one of its original investors.

Jun Group Expands In Orange County, Los Angeles

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New York-based mobile ad platform developer Jun Group is expanding in both Orange County and Los Angeles, saying it is looking to tap into a hotbed of engineering talent in Orange County. The company, which focuses on native, brand-safe video ad placements, serves such clients as Chevrolet, McDonald's, Purina, Microsoft, and others. The company said it will open up a new Orange County office focused on software development, led by Jeremy Ellison, and also including a number of developers.

LegalZoom Says Its Services Are Legal In New Jersey

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Glendale-based online legal referral provider LegalZoom says it is legal in New Jersey, despite a recent opinion issued by the New Jersey Supreme Court. According to LegalZoom, recent reports on the opinion of the New Jersey Supreme Court "misinterpret the findings", and that New Jersey attorneys can continue to ethically work with LegalZoom.

Interview with Jonathan Zweig, AppOnboard

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Our interview this morning is with Jonathan Zweig , the CEO of Los Angeles-based AppOnboard (www.apponboard.com), which has created software which allows mobile app developers--and in particular, mobile game developers--to create demos of those games which can be played without having to download and install those apps.

LA, and Southern California's Surge In Venture Capital Funds

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Reflections on 2016: Jaspar Weir, TaskUs

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This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Jaspar Weir , co-founder of TaskUs (www.taskus.com), which powers much of the back office and customer support behind some of the best known startups here in Southern California--not to mention the rest of the world, and for many established companies, too. You can see all of our holiday reflections here.

Noramay Cadena, Make In LA: Accelerating Hardware Startups

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One of the big advantages of starting up a new company in the region in recent years has been a large number of startup accelerators, who have been driving a lot of the new startups in the area. One of those accelerators�focused exclusively on hardware�is Make In LA (www.makeinla.com).

Zynga Funds Effort At USC To Support Diversity In Video Game Industry

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Social games developer Zynga has funded a new effort to increase the diversity in the video game development industry, through a partnership with the University of Southern California , Zynga said on Tuesday. According to Zynga, it has provided a "substantial gift" to USC's School of Cinematic ARts' Interactive Media & Games Division, to support diversity, inclusive game production, and the creation of "innovative social mobile gameplay."

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How Phyn Is Bringing The World Of High Tech To Water Conservation, With Ryan Kim

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The world of plumbing is not known for its high tech products. However, that makes it an area ripe for technology innovation. We spoke this morning with a Los Angeles startup, Phyn (www.phyn.com)--which recently spun out of Belkin in a joint venture with Uponor--to talk about the company's water monitoring devices, which apply some remarkably sophisticated research and computer technology to monitor the usage of all of a home's water--all through monitoring a single water pipe.

General Assembly To Open New Location In Irvine

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General Assembly , the provider of technical skills training, which has an active campus in Santa Monica, says it is will be opening up a new location in Irvine. General Assembly said it has not yet finalized the precise location and opening date, but says it will start hosting events and short workshops throughout Irvine ahead of the new location. The expansion is part of a global expansion for General Assembly, which is expanding to a total of 25 campuses, up from its current 12 locations.

Interview With Mike Mothner, Wpromote On Growth, Acquisitions

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Last week El Segundo-based Wpromote acquired fellow marketing agency Standing Dog, in a deal which brings the company to 260 employees, and continues to grow the company. We caught up with founder and CEO Mike Mothner --who we first interviewed back in 2007 --to catch up with the company, gets some hints and tips on growing a company, the challenges of bootstrapping, and why Wpromote hopes to be buying more companies in the future.