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Pavemint Literally Makes Parking In LA A Musical

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Los Angeles-based parking marketplace Pavemint wants to make parking in Los Angeles like a musical--quite literally.

UNREAL Mobile Targets Disgruntled Sprint Customers, Launches $10 Mobile Plans

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Los Angeles-based UNREAL Mobile , a spinout of FreedomPop, is targeting disgruntled Sprint customers who were hoping to take advantage of Sprint's now unavailable $15 per month unlimited mobile service. According to UNREAL, it will offer up unlimited mobile plans for just $10 per month, with no contract and no credit check--and also will offer up new Alcatel Android smartphone for less than $50. The new service also will let anyone with an existing CDMA phone activate the service.

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Scratchpay Picks Up $6.4M For Pet Care Financing

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Does Fido or Fluffy need some major veterinary care, but you don't have the money to pay? Los Angeles-based Scratchpay , which provides payment plans to pet owners to pay for their pets' immediate medical needs, said Tuesday that it has raised $6.4M in a a Series A funding. The funding came from Companion Fund, Struck Capital, TTV Capital and SWS Venture Capital. Scratchpay--based in Eagle Rock--was founded by John Keatley and Caleb Morse.

Los Angeles Cleantech Incubator Launches Zero Emissions Transport Effort

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The Los Angeles Cleantech Incubator (LACI), the non-profit which encourages clean technology startups in the City of Los Angeles, said it has launched a new effort to accelerate the electricification of regional transportation, in an effort to reach zero emissions in the area's movement of goods.

Truepic Finds $8M For Photo Verification Software

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San Diego-based startup Truepic , a developer of software which "notarizes" digital photos for authenticity, has raised $8M in a Series A funding, the company announced on Thursday. The funding came from Dowling Capital Partners; Jeffrey Parker (co-founder of FirstCall & former CEO of Thomson Financial); Andrew "Flip" Filipowski (Founder and CEO of Platinum Technology and SilkRoad Technology); and William Sahlman, along with others.

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.

Biological Dynamics Names Qualcomm's Jacobs As Chairman

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San Diego-based Biological Dynamics , which is developing cancer diagnostics technology, has named Qualcomm founder Dr. Irwin M. Jacobs as its Chairman of the Board, the company said this week. The company's prior chairman was Dr. Paul R. Billings, who recently became Chief Medical Officer and Senior Vice President, Medical Affairs for Natera. Biological Dynamics is led by Dr. Raj Krishnan. READ MORE>>. biological dynamics qualcomm paul jacobs chairman cancer diagnostics

H Code Media Signs Peruvian Radio, TV Broadcaster

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Los Angeles-based digital advertising provider H Code Media reports that it has signed a new partnership with Peruvian radio and television broadcast company Radio Programas del Peru (RPP). According to H Code Media, it will become the exclusive partner to monetize RPP's traffic, and will represent 100 percent of RPP's ad inventory in the US on its various websites. Financial impact of the win was not announced.

News 100

Ticketmaster Teams To Offer More Free, Discounted Tickets To Veterans

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Los Angeles-based ticketing firm Ticketmaster said on Thursday that it is partnering with the Veteran Tickets Foundation , also known as Vet Tix , to provide a "real-time feed" of live event tickets available to veterans. According to Ticketmaster, the deal will make it easier for veterans access free and discounted live event tickets, expanding the rough a new client-facing ticket offer that will expand tickets that veterans have access to.

SpaceX Wins $130M Deal To Launch Air Force Satellite On Falcon Heavy

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Hawthorne-based SpaceX has been selected by the U.S. Air Force, to launch one a new Air Force satellite into orbit using the Falcon Heavy, according to a contracting notice from the U.S. Department of Defense. According to the contract award, SpaceX will receive $130,000 to deliver the Air Force Space Command-52 satellite, including launch vehicle production and mission, as well as integration, launch operations and spaceflight worthiness activities.

SnackNation Buys Love With Food

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Los Angeles-based snack delivery startup SnackNation says it has acquired EdgiLife , the owner of the brand Love With Food , a provider of consumer insights and data analytics for the CPG market. Financial terms of the buy were not disclosed. SnackNation, which is led by CEO Sean Kelly, said the acquisition will offer its brand partners access to a larger customer base.

Custom 100

PolyCera Membranes Gets $9M For Wastewater Treatment Membranes

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Los Angeles-based PolyCera Membranes , a developer of membrane technology used for industrial wastewater treatment, has raised $9M in a Series A funding, according to the company. The funding was led by Kairos Ventures and also included Bluestem Capital and the Wolfen Group. PolyCera, led by CEO Simon Marshall, said the funding will go to build out its global manufacturing, R&D and sales capabilities. The lead investor from Kairos Ventures was Jim Demetriades.

AeroVironment Sells EV Charging, Test Business To German Company For $35M

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Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M. As part of the acquisitoin, Webasto will also hire all of Aerovironment's EES employees.

How to Set Goals to Grow Your Business in the New Year

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Welcome to January 2018. Now’s the time to commit to organizing your work life and growing your business. Whether you are trying to sell a new product, increase sales or build your team , creating a solid foundation will make all the difference as you move forward. So…don’t wait!

Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry. The company's Managing Partner is Karan Wadhera.

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PR0HBTD Picks Up $12M For Cannabis Media Brand

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Los Angeles-based PR0HBTD , a startup which says it is developing a "cannabis lifestyle media and brand platform", announced this week that it has raised a Series A investment round worth $8M, bringing its total raised to $12M.

Media 122

EDF Renewables Teams On 588MW Of Wind and Solar Projects

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San Diego-based renewable energy developer EDF Renewables has signed a deal with the PGGM Infrastructure Fund on a portfolio of 588 megawatts of wind and solr projects, according to the two companies. According to EDF Renewables, the PGGM Infrastructure Fund will acquire a 50 percent ownership interest in the. Red Pine Wind, Rock Falls Wind, Switch Station 1 Solar and Switch Station 2 Solar projects, with a total capacit of 588MW.

First Look SoCal Showcase: How Do You Create More SoCal Startup Success?

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How do you take the energy of such successes as Dollar Shave Club, Ring, Cornerstone Ondemand, and the many other local successes from the startup energy, and tap into the resources of local universities and research institutions? That was the question at the SoCal First Look Showcase , run by the Alliance for SoCal Innovation and the Los Angeles Venture Association at UCLA on Wednesday.

Platinum Equity Sells Verra Mobility To Gores For $2.4 Billion

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Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 billion. According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc., a special purpose acquisition company created by The Gores Group. The deal values Verra Mobility at 11.0x the company's 2018 pro forma Adjusted EBITDA of approximately $219 million.

Equity 100

Nimble Debuts New Dashboard For Office 365, G Suite

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Santa Monica-based sales and marketing customer relationship management (CRM) tools developer Nimble is further integrating its tools with partner Microsoft, and its Office 365 software, as well as Google's G Suite, with a new business dashboarding tool. According to Nimble, it has launched a new product called Today Page , which helps track things like deal pipelines and sales funnels, appointments and to-do's, and other information through a single dashboard within Nimble.

Tool 100

GOAT Names New COO

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Los Angeles-based GOAT , which operates an online marketplace for sneakers--designed for the very large sneaker enthusiast market--has named a new Chief Operating Officer. GOAT said that it has named Lizzie Francis as its new COO, reporting to CEO Eddy Lu. Francis is Founder and Partner at Brilliant Ventures, and also previously was Chief Marketing Officer of Gilt Groupe, and was Chief Marketing Officer and President of JustFab.com (now TechStyle Fashion Group).

Design 100

Eusoh Finds $2M For Veterinary Insurance

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Los Angeles-based fintech startup Eusoh , which is offering up an alternative to insurance for veterinary care, said this week that it has raised $2M in a seed funding round. Source of the funding was not announced.

CapLinked Ties With Civic

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Los Angeles-based software developer CapLinked , which develops secure document sharing software for the business market, has linked with secure identification software developer Civic , the two companies said this week. According to the two, Civic will enable secure login and sign on functionality for CapLinked's data management and information sharing platform. Financial details of the partnership were not announced.

Bonfire Ventures Leads Funding In Enterprise Drone Startup Kittyhawk

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Los Angeles-based venture capital investment firm Bonfire Ventures is the lead investor in a San Francisco-based enterprise drone startup, Kittyhawk , Kittyhawk announced this week. Kittyhawk said that it raised $5M in a funding round, led by Bonfire's Jim Andelman, and also included Boeing HorizonX Ventures, Freestyle Ventures, and The Flying Object.

How to keep ahead of evolving cyber threats

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Not long ago, malware and other viruses were nothing more than occasional mild annoyances, but cyber crime has become big business in the past few years. With organisations across the world now using the Internet every day to do business, criminals have taken advantage.

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Pray.com Finds $14M For Social Networking For Religious Communities

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Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners. The startup, led by CEO Steve Gatena, has been based at California Lutheran University's Hub101 Incubator, and received a stealth seed funding round last year from Science and Greylock, which had not previously been announced.

How Eusoh Wants To Fix Insurance With Technology, With Allen Kamrava

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The insurance industry is an old industry, with a lot of contradictions--it's one where the more claims insurers pay to help customers, the less money the insurers make--and it's also one that hasn't been disrupted much yet by technology. Is it possible to use technology to replace the age-old system currently in use in insurance? That's what Los Angeles-based Eusoh (www.eusoh.com) is hoping to do.

SpaceX Ready For Wednesday NASA Launch

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Hawthorne-based SpaceX is getting set to launch yet another payload into space for NASA, saying all systems and weather are go for the 6:51 p.m. EDT launch of the NASA Transiting Exoplanet Survey Satellite (TESS) mission.

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Virgin Galactic Sees Successful Supersonic Test Flight

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Mojave-based Virgin Galactic has returned to supersonic flight, saying that its SpaceShipTwo VSS Unity safely completed its first, supersonic rocket flight on Thursday. The flight is the first rocket powered flight for Virgin Galactic since the 2014 crash of its SpaceShipTwo during similar testing.

UBTECH Rolls Out New Programmable Robot

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Los Angeles-based UBTECH Robotics , which develops humanoid-like rbots for the STEM (Science, Technology, Engineering, Math) market, said on Wednesday that it has launched a brand new programmable robot called the Yanshee. According to UBTECH, its new robot--aimed at the U.S.

Java 100

Alpha Wave Investors Invests In Soul Community Planet

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San Clemente-based private equity investor Alpha Wave Investors says it has made an investment, and helped form a new company called Soul Community Planet (SCP) , a new company focused on "holistic hospitality". Size of the investment was not announced. SCP is initially developing a chain of hotels called SCP Hotels, which will develop hotels, resorts, restaurants, bars, marketplaces, recreation venues and fitness clubs.

Invest 100

Viasat Names New Space Systems Head

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Carlsbad-based satellite communications company Viasat announced this morning that it has named Dave Ryan as the head of its Space Systems business, heading up satellite system design, fabrication, test and operations of its global satellite constellation. Ryan has been at Viasat since 2016, previously serving as President of Boeing Satellite Systems International and serving at Northrop Grumman.

Design 100

TS2 Holdings Acquires Three Companies, Including Neohire South, Hero.jobs

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Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. Neohire South is a recruiting company with offices in Santa Monica and Tarzana, RockIT Recruiting is a tech recruiting company based in San Francisco, and Hero.jobs is a recuiting software company based in Santa Monica.