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Cinedigm Powers Yoga Meditation Service

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Los Angeles-based Cinedigm , a provider of premium content, streaming channels and technology services, is powering a new wellness video-on-demand application from Sanctuary Studios , the company said today. Financial details of the win were not announced. According to Sanctuary and Cinedigm, Sanctuary has released its new health and wellness video-on-demand application for VIZIO's SmartCast televisions, using Cinedigm's Matchpoint Blueprint service.

Stamps.com Sees Surge On ECommerce Growth

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El Segundo-based online postage and shipping software developer Stamps.com reported its second quarter results on Thursday, saying it saw a 49 percent increase in its revenues for the quarter, to $206.7M, as a result of a surge in e-commerce activity. The publicly held company attributed the growth to the growth in e-commerce, which it said has been an "important lifeline" to many businesses and individuals during the COVID-19 pandemic.

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T2 Tech Group Acquires Division Of Revint Solutions

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Los Angeles-based IT consulting, advisory, and project management service provider T2 Tech Group says it has acquired the patient access and scheduling services division from Revint Solutions. Financial terms of the buy were not announced. T2 Tech Group said it will use the acquisition of the division to launch a new offering, T2 Flex Force, which will offer up virtual workforce technology to hospitals and healthcare systems.

Q CELLS Acquires Geli

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Irvine-based solar cell and module manufactuer Q CELLS said this morning that it has is acquiring San Francisco-based energy storage software maker Growing Energy Labs, Inc. Geli). Financial terms of the acquisition were not announced. Q CELLS said the buy will help expand its offerings in the Integrated Energy Storage Solutions area.

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MomentFeed Finds $10M More

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Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors. The company says it has now raised $38.3M in total.

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Jobot Aims Job Recruiting At Mortgage Industry

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Irvine-based Jobot , the AI-powered recruiting and staffing company led by Heidi Golledge, says it has expanded into the mortgage industry, saying it has been hiring for remote job openings for mortgage underwriters, loan processors and closers as well as management and loan officer positions. The company said it is using a blend of AI technology and people to match people to job openings.

Off Day Trainer Links With Mindbody

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San Luis Obispo-based software company Off Day Trainer , which operates a remote training and communications software platform for fitness professionals to communicate with their clients, has linked with fellow San Luis Obispo-based Mindbody , the company announced this morning. According to Off Day Trainer, the partnership makes it the first beta integration partner on Mindbody's new Partner Store. Mindbody offers up booking and other tools for the fitness, wellness, and beauty industry.

Esri Offers Free Access To University, Other Students

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Redland-based Esri announced on Thursday that it will provide free access to the company's popular geographical information systems (GIS) software to students 18 yaers and older, including access to both the platform itself as well as lessons. Esri said the Learn ArcGIS Student Program will provide one year of software and lessons to qualified students in any academic program--even if their institution offers no formal courses in GIS.

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Alorica Plans To Hire More Than 33,000

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Irvine-based outsource customer support and experience services provider Alorica claims it plans to hire more than 33,000 people, saying it has added more than 20 new clients in the first half of the year. The company--which says it has shifted over 90% of its accounts and 70,000 of its employees to work-at-home--says those hires will be made globally. The company already has operations in 14 countries, employing 100,000 providing customer experience services to brands.

HONK Reports Increased Roadside Assistance Calls

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Los Angeles-based HONK Technologies , which develops a roadside assistance and towing app, and is led by tech entrepreneur Corey Brundage, says it has saw a 54 percent increase in the number of roadside assistance calls in the first six months of 2020. The company said those numbers demonstrate the company's "grow and momentum" despite the pandemic. The company said it is using machine learning and automation to expand its operational efficiency.

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ServiceTitan Links With HVAC Giant Carrier

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Los Angeles-based software developer ServiceTitan , which is led by Ara Mahdessian, has linked with heating, air conditioning, and refrigeration giant Carrier. According to ServiceTitan, it has been. been designated the preferred field service contractor software vendor for the Carrier and Bryant HVAC brands in the U.S.

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RealtyTrac Names EVP Of Marketing

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Irvine-based ATTOM Data Solutions , the parent company to RealtyTrac , announced this morning that it has named Rick Sharga as Executive Vice President of Marketing at RealtyTrac. Sharga returns to RealtyTrac--where he had managed the company's brand for eight years in the early 2000's after stints at Carrington Mortgage Holdings, Auction.com, and Ten-X. He was most recently EVP For Carrington Mortgage Holdings and CMO of the company's Vylla business unit.

ClickUp Collects $35M

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San Diego-based ClickUp , a startup which develops "remote work" software aimed at helping organizations collaborate on projects, has raised $35M in a Series A funding round. The funding was led by Craft Ventures, and also included Georgian Partners. As part of the funding, David Sacks has joined the board. According to ClickUp, its customers included Google, Nike, Uber, Airbnb, Netflix, and Ubisoft, where it helps replace or integrate workplace applications for employees.

Giftz Gets Additional Funding From Draper Goren Holm

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Los Angeles-based Giftz , a startup that offers up a mobile wallet and marketplace for points, miles, and gift cards, has received an investment from LA's Draper Goren Holm , the two said on Wednesday. Size of the investment was not announced. According to Draper Goren Holm, the follow on investment goes towards supporting both Giftz as well as its COVID-19 Humanitarian & Economic Recovery initiative. Draper Goren Holm is the venture studio run by Tim Draper, Alon Goren, and Josef Holm.

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Milken Insitute Shifts Conference Online

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The Milken Institute Global Conference , one of Southern California's highest profile conferences of interest to the business and finance industry, says it is going fully virtual this year, with plans for a virtual conference running from October 12th through the 21st. The conference looks to be one of the highest profile events in the area which have decided to shift online, rather than entirely cancelling for the year.

Clearlake Boosts Investment In Diligent

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Santa Monica-based private equity investor Clearlake Capital Group, L.P. , as well as funds from Blackstone Tactical Opportunities, have increased their investment in New York-based Diligent , a developer of portal software for corporate boards. Financial details of that investment were not announced. Diligent's biggest investor is Insight Partners. According to Diligent, it now has more than 19,000 clients.

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BidGarage Launches Classic Car Auction Site

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Los Angeles-based BidGarage.com announced late Tuesday that it has launched a new, online classic car auctino site. According to the company, the new service connects people with low-mileage, high-value vehicles to global buyers, curating vehicles that appear on the marketplace. According to BidGarage, it offers up real time bidding, fully vetted vehicles, and a library of relevant content; the company offers up listings for free, and charges a 5% total commission split betwen buyer and seller.

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Transphorm Hits Public Markets Via OTC

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Goleta-based gallium nitride (GaN) power semiconductor developer Transphorm announced this morning that it has launched into the public markets, via the Over-The-Counter (OTC) market. Transphorm said it received from FINRA for its common stock to be listed and quoted on the Over-the-Counter (OTC) market, and will trade on the OTCQB under the symbolt TGAN, as of market open today. The move is somewhat unusual for a technology startup here, where the OTC market is mostly eyed with suspicion.

Interview wth Deevee Kashi, HelpWih Black Equity and Deed

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A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California.

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Snapchat Debuts Headspace Meditation Tool

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Venice, California-based Snapchat has debuted the new meditation features that it developed with Los Angeles-based Headspace this morning, the new meditation-with-friends feature that the company announced at its Partner Summit in June.

Qualified.com, With LA Exec, Gets $12M

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Qualified , a startup developing conversational marketing software for companies that use Salesforce, said on Tuesday that it has raised $12M in its Series A funding. The company--whose President and Chief Revenue Officer, Eric Sikola is located in Los Angeles--said the funding was led by Norwest Venture Partners, and also included Redpoint Ventures and Salesforce Ventures. Sikola said Qualified is adding team members in Los Angeles shortly.

Syntiant Finds $35M More For AI Chips

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Irvine-based Syntiant , a developer of processors used for artificial intelligence applications, has raised $35M more in the company's Series C funding round. The round was led M12, the venture capital investment arm of Microsoft, and Applied Ventures, the venture arm of Applied Materials, and also included Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures.

CalAmp Names New Board Chair

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Irvine-based CalAmp , a developer of fleet tracking and other electronic devices, said yetserday that it has named Amal M. Johnson as Chair of its Board of Diretors. Johnson has been on the company's board for seven years. According to the company, Johnson replaces A. Bert" Moyer, and is the company's first female Chair. Johnson is also on the board of intuitive Surgical, Inc. and Essex Property Trust, Inc.,

Emburse Rolls out New Corporate Payment Card

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Los Angeles-based expense management and accounts payable automation software developer Emburse --the parent company of Chrome River--said it has launched a new, corporate payment card, which lets its customers pre-approve expenses. The company said the new product, Emburse Pay, lets companys issue virtual cards within the Chrome River EXPENSE solution, which allows charges only for approved date ranges, specific merchant types, and requested spend amounts.

Virgin Galactic Ties With Rolls Royce On Supersonic Aircraft

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Virgin Galactic , the commercial spaceflight operator with operations in Mojave, said on Monday that it has partnered with Rolls-Royce on an effort to build an aircraft for supersonic air travel. Financial details of the deal were not announced. According to Virgin Galactic, it has completed a missio concept review with NASA of a supersonic vehicle design, and is working with the Federal Aviation Administration (FAA) on how it might certify its aircraft for flight.

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EVgo, GM Link To Expand EV Fast Charger Network

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Los Angeles-based electric vehicle charging network operator EVgo has inked a deal with General Motors , to build out its network of electric vehicle (EV) fast chargers, the two said late last week. According to the two companies, they will build more than 2,700 new fast chargers over the next five years over the United States. The move will triple EVgo's network of fast chargers. Financial details of the deal were not announced.

GoodRx Plans IPO, Says Report

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Santa Monica-based online healthcare marketplace operator GoodRx has reportedly filed for an IPO, according to a report. Reuters--citing "people familiar with the matter"--said GoodRx submitted paperwork with the SEC last week on a potential IPO, and is only now in the process of hiring advisers for that IPO effort. GoodRx is owned by private equity firm Silver Lake.

Kayne Anderson Launches Renewable Infrastructure Fund

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Los Angeles-based private equity investor Kayne Anderson Capital Advisors, LP says it has launched a new, renewable energy fund, the Kayne Anderson Renewable infrastructure Fund (KARIX).

MaxLinear Completes Buy Of Intel's Home Gateway Platform Division

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Carlsbad-based MaxLinear said this morning that it has completed its acquisition of Intel's Home Gateway Platform Division. According to MaxLinear, it has raised its revenue expections from the acquisition to $80M to $90M in the first full quarter post close, up from an earlier guidance of $60M to $70M. The two had announced the acquisition on April 6th. The all cash deal was worth $150M.

SpaceX Crew Dragon Successfully Splashes Down In Gulf

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Hawthorne, California-based SpaceX successfully splashed down off the coast of Pensacola, Florida on Sunday, returning two astronauts--Bob Behnken and Doug Hurley--to earth, the first successful launch and return of astronauts to and from the United States since the retirement of the Space Shuttle. The Crew Dragon capsule splashed down at 2:48p.m. ETD, bringing a successful end to the Demo-2 mission to the International Space Station.

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XPRIZE Launches Rapid Covid Testing Competition

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Los Angeles-based XPRIZE , the organization which creates competitions to help encourage the advancement of technology to solve some of the world's biggest challenges, says it has launched a new prize, aimed at the rapid testing issue with COVID-19.

Appetize Powers Socially Distanced Drive In Concerts

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Los Angeles-based point-of-sale and digital ordering technology developer Appetize reports that its products are being used for a socially distanced, drive-in concert series being run by Live Nation. According to Appetize, it is the digital ordering provider for "Live at the Drive-In," a set of shows scheduled to run through 2020.

IntelliMedia Networks Acquires GlobalMLX

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Los Angeles-based streaming media distribution and immersive training technology provider IntelliMedia Networks has acquired Canadian company GlobalMLX , the companies said this week. Financial terms of the acquisition were not announced. GlobalMLX is a provider of supply-chain security training and certification consulting, providing anti-terrorism supply-chain training and certification for cargo transport to the United States.

MomentFeed Rolls Out New Proximity Search Dashboard

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Santa Monica-based MomentFeed , which develops software to help multi-location brands manage their reviews, location listings, and much more, says it has rolled out a new product. According to MomentFeed, its new Proximity Search Optimization Dashboard allows multi-location brands to easily monitor and manage how well their local marketing efforts are performing. Pricing on the new tool was not announced.

JetBlue Deploys UV Cleaning Robot From LA Startup In COVID-19 Fight

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JetBlue has become the very first airline to deploy high tech, ultraviolet cleaning robots--developed by an LA startup--in the fight against the COVID-19 pandemic. JetBlue said on Wednesday that it has begun using Honeywell's UV Cabin System to disinfect cabins in "less than 10 minutes" using UV light. That Honeywell UV Cabin System was developed and licensed from Los Angeles-based Dimer LLC, maker of the "GermFalcon" germicidal lighting systems, back in June.

Snap Releases Diversity Report

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Venice, California-based Snap , the parent company of Snapchat , has released its annual diversity report , showing that the company--like the rest of Silicon Valley--continues to struggle to build a diverse workforce. The company reported in its Diversity Annual Report 2020 that 51.1 percent of its employees are white, with director level executives 70.4 percent white; 33.3 percent Asian, 6.8 percent Hispanic/LatinX, 4.4 percent multiracial, and 4.1

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HelpWith Black Equity Launches To Connect Volunteers With Racial Equity Efforts

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A new effort-- HelpWith Black Equity , said on Tuesday that it has launched, to help connect people with time and skills to projects advancing racial equity across the globe.

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Newegg Staffing Expands To Midwest, East Coast

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Los Angeles-based e-commerce retailer Newegg , which recently expanded its offerings into technology staffing, says it has expanded its Newegg Staffing efforts into the Midwest and the East Coast. According to Newegg, the move is aimed at helping e-commerce companies scale up their workforces ahead of the Q4 holiday season.

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Versant Ventures Launches New Company, Bright Peak Therapeutics

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San Diego-based venture capital investment firm Versant Ventures has launched a new biotechnology company, Bright Peak Therapeutics , in Basel, Switzerland, the company announced this morning. Versant--which has recently been putting efforts into creating its own companies--said that it has committed $35M in a Series A funding round to Bright Peak Therapeutics, which is focused on developing a platform to chemically synthesize and optimize the structure and function of proteins.

NantHealth Buys OpenNMS

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Culver City-based personalized medicine and healthcare technology developer NantHealth announced this morning that it has acquired The OpenNMS Group , a developer of open source, network management software. Financial details of the acquisition were not announced. NantHealth said that OpenNMS will operate as a subsidiary of NantHealth.

Invoca Releases Updated Product

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Santa Barbara-based Invoca , which develops call tracking and analytics tools, says it has released a new version of its software. According to the company, its summer 2020 product release includes simplified and automated call tracking for multi-location businesses, expanded technology integrations, and other features. The company says the release simplifies previously complex processes and makes data accessible across more platforms. Invoca is backed by Upfront Ventures, H.I.G.

Indi, Founded By Buy.com's Neel Grover, Gets $9M

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Newport Beach-based Indi , which was founded by former Buy.com CEO Neel Grover, has raised $9M in a Series A funding, the company announced this week. Source of the funding was not announced. The startup has developed an app which it says help individuals generate online income and monetize content.

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Rakuten To Shut Down Former Buy.com Operations

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Rakuten is planning to shut its U.S. retail efforts--formerly known as Buy.com according to a report, citing a "source familiar with the developments". Buy.com was founded in Aliso Viejo, and acquired by Buy.com in 2010 for $250M. According to the report, Rakuten will lay off 87 people at its U.S. headquarters. Rakuten had moved its operations to Silicon Valley back in 2017, when it had cut all 73 of the employees at its Aliso Viejo offices.

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