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OCTOBER 7, 2020

Los Angeles-based business advisory and financial services company B. Riley Financial has made a strategic investment in a developer of software for the financial industry, IQvestment Holdings , the company announced this morning. Size of the investment was not announced. According to B. Riley Financial, Chuck Hastings joins IQvestment Holdings' board of directors, with Jon Merriman joining the company's advisory board.

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SEPTEMBER 17, 2020

Santa Barbara-based Emergent Microgrid , a developer of community microgrids in Santa Barbara and Montecito, in an apparent acquisition deal with smart home battery manufacturer Electriq Power. According to the companies, Emergent Micro's portfolio "will be toassigned to Electriq Power" and Emergent's co-founders, Stephen Honikman and Henry Meyer, will become SVP of Project Finance and Structure, and SVP of Services at Electriq.

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SEPTEMBER 18, 2020

Santa Monica-based Fair , the used car leasing company, said this week that it is adding longer, 2-year and 3-year leases to its menu of options, as a complement to the firm's month-to-month car options. According to Fair, the new lease options will offer up monthly savings to customers who want to keep their cars longer, with customers saving $40 per month on a 2-year Fair lease, and $70 a month on a 3 year lease.

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SEPTEMBER 18, 2020

Los Angeles-based Boosted Commerce announced on Thursday that it has raised $87M, and acquired six different companies in the business of Amazon fulfillment. According to Boosted, the funding came from Torch Capital, Crosscut Ventures, Spencer Rascoff (co-founder of Zillow), Elie Seidman (former CEO of Tinder), Tucker Kain (Los Angeles Dodgers); Ken Ramberg (founder of Goodpods), Scott Hendrickson (co-founder Permian Investment Partners), Thomas O.

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APRIL 15, 2020

Los Angeles-based artificial intelligence (AI) software developer Eyenuk said this morning that it has fulfilled a contract it had been awarded by Public Health England (PHE). The company's said its system--which is used for diabetic eye screening--has been used to grade 60,000 patient image sets from 6 different National Health Service (NHS) Diabetic Eye Screening Programmes in England.

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APRIL 15, 2020

Los Angeles-based venture investor Greycroft , which has made investments in such companies as AwesomenessTV, Maker Studios, Sometrics, Venmo, and others, is one of the lead investors in New York-based Frame AI. Frame AI is a developer of artificial intelligence and machine learning used by companies to understand customer churn and behavior. Frame AI said this morning that it raised $6.3M in its Series A funding round, which was led by G20 Ventures and Greycroft.

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APRIL 15, 2020

The National Venture Capital Association (NVCA) says that Q1 2020 venture capital investments had a "strong showing" in Q1, however, it expects that the impending economic downturn due to the COVID-19 pandemic will slow activity through the rest of the year. According to the NVCA, and its PitchBook-NVCA Venture Monitor, there was $34.2 billion invested across 2,298 deals in the first quarter of 2020, partially as a result of "record-high" levels of capital raised by VC funds in 2018 and 2019.

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APRIL 15, 2020

San Diego-based medical equipment manufacturer ResMed has received a contract with the U.S. Department of Health and Human Services (HHS), worth $31.98 million, to produce thousands of ventilators to meet possible needs across the United States as the COVID-19 pandemic continues. According to the U.S. HHS, Resmed's contract calls for 2,550 ventilators produced by July 13, with 400 by May 4 and 1,150 by June 1.

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MARCH 12, 2020

Los Angeles-based accounting software developer BlackLine is taking a new approach to its annual user conference in Europe, saying that it will now run its InTheBlack London 2020 event as a fully virtual event--but which will still feature thought leaders from its customers and users, instead as a series of virtual event sessions. The company--like the rest of the world--has had to rapidly shift its plans in light of the ongoing COVID-19 coronavirus outbreak.

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MARCH 6, 2020

San Diego-based Cubic Corporation said this week that it has named Min Wei as the company's Senior Vice President and Chief Customer Officer. Cubic, which provides services to the transportation, defense, and training markets, said that Wei will lead a new customer experience function, handling global quality, configuration management, logistics support and customer experience.

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MARCH 6, 2020

Hawthorne-based SpaceX has inked a deal with Houston-based Axiom Space , to deliver private crews to the International Space Station, Axiom said on Thursday. According to Axiom Space, it has signed a contract with SpaceX to transport a professional commander and three private astronauts to and from the International Space Station, as soon as the second half of 2021.

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FEBRUARY 20, 2020

Tired of using public, on-demand scooters? Want your own Bird scooter? Amazon has apparently started selling used Bird scooters on its website today, through the "Amazon Renewed" program. The scooters--Bird's ES1-300--are also available new, however, the used versions are being sold for just $289.99. A new, "Bird One" scooter purchased directly through Bird will set users back by $1299.00.

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JANUARY 27, 2020

Los Angeles-based AmazeVR , a distributor of virtual reality entertainment, said on Monday that it has raised $2.5M in new funding. The company said the funding came from Partners Investment and YG Investment, part of Korean company YG Entertainment. The company announced the new funding along with a plan to install a virtual reality "experience" at Incheon International Airport in Seoul.

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NOVEMBER 15, 2019

Our video interview today is with Noramay Cadena , a venture capitalist and partner at MiLA Capital , a seed and incubation stage investor based in Los Angeles. READ MORE>>.

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OCTOBER 1, 2019

San Diego-based Quake Global a provider of Internet-of-Things automation and process automation products and services, has acquired Skynet Healthcare Technologies Inc. , a provider of real-time-location-systems (RTLS) products for the senior care market. Financial details of the acquisition were not announced. Quake Global said the acquisition will help it expand its market reach.

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OCTOBER 1, 2019

Los Angeles-based medical implant maker Second Sight Medical said today that it has been chosen for a $2.4M, four-year grant from the National Institutes of Health (NIH). According to Second Sight Medical, the four year grant will go to help develop spatial localization and mapping technology, and for integration of that technology into its implantable visual prosthetics.

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OCTOBER 1, 2019

San Diego-based life sciences equipment maker Illumina and the Broad Institute READ MORE>>.

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OCTOBER 1, 2019

San Diego-based Molecular Assemblies , a developer of enzymatic DNA synthesis technology, has raised $12.2M in its Series A funding round, the company said this morning. According to the company, the financing was led by iSelect Fund, and also included Agilent Technologies, Alexandria Venture Investments, and Keshif Ventures, all existing investors in the company.

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OCTOBER 1, 2019

San Diego-based Immunicom , a developer of immunotherapy products for treating cancer, has raised $1.85M in its Series B funding, bringing the total raised in its Series B to $12.85M, the company said today. According to Immunicom, it has now raised $21.85M in total. Immunicom says it is developing a non-pharmaceutical solution for treating stage IV metastatic cancer.

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OCTOBER 1, 2019

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. According to the company, the funding was led by Bond and Tribe Capital. The funding also included Lee Fixel, Michael Ovitz, Spencer Rascoff, Republic Labs, and Jared Leto, along with Playground Global, Y Combinator, Social Capital, and Mark Cuban.

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SEPTEMBER 23, 2019

Los Angeles-based startup Honey , which provides online discount codes and coupons to e-commerce shoppers, has entered into a naming deal with the L.A. Clippers , which have renamed their training center the Honey Training Center: Home of the L.A. Clippers. Financial details of the partnership were not announced. Honey's logo is now features on the training center and on the training jersey for the L.A.

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SEPTEMBER 23, 2019

Los Angeles-based Heal , which provides on-demand, in-home doctor's house calls, has acquired Doctors on Call (DOC), a New York-based medical house call service for the elderly. Financial terms of the acquisition were not announced. According to Heal, the acquisition will help it expand its services to New York City. Heal said that Doctors on Call averaged 42,000 house calls to seniors in NYC in 2018.

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SEPTEMBER 23, 2019

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. So, to help other female entrepreneurs, they founded TuesdayNights (www.tuesdaynights.org), a group in LA which helps female entrepreneurs connect with capital and each other to improve their access to capital.

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AUGUST 7, 2019

Carlsbad-based Viasat will power JetBlue's new Airbus A220-300 fleet, the company announced this morning, in an expansion of Viasat's partnership with JetBlue. According to Viasat, its in-flight connectivity systems will be deployed on JetBlue's new fleet of 70 Airbus A220-300 aircraft, which will begin deliver in 2020, and with an option for 50 additional aircraft.

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JULY 10, 2019

Los Angeles-based dating app developer Tinder says it is rolling out a lightweight version of its app--"Tinder Lite"--aimed at use in emerging markets, where data access is limited and more costly for its users. According to Tinder, it will first roll out the lightweight version of its app in Southeast Asia, later this summer, on Android. Tinder Lite will require 25x less space on devices, according to Tinder, and also reduce network usage by about 20 percent.

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JULY 1, 2019

RealWear , a developer of helmet-mounted, wearable Android computers, has scored backing from San Diego-based Qualcomm Ventures , in a $80M funding, the company said this morning. RealWear--which is based in Vancouver, Washington--said it raised $80M in a Series B financing round, which included both equity and debt, and came from JPMorgan Chase & Co., Teradyne, Bose Ventures, Qualcomm Ventures LLC (QCOM), Kopin Corporation (KOPN), and investors from JPMorgan's (JPM) Private Bank.

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JULY 1, 2019

Los Angeles-based Gemelli Biotech , a startup focused on discovery of novel diagnostics and therapeutics for the human microbiome, has raised $1.85M, as part of an ongoing $3.0M fundraising effort for the startup, according to a regulatory filing from the firm. Details on the funding have not yet been announced by the company. It's unclear who is backing the company, however, James Laur, Vice President of Intellectual Property at Cedars-Sinai, is listed as a member of the company's board of dire

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JUNE 5, 2019

Santa Monica-based SMS marketing software developer EZ Texting says it has added Allison Checchi, the Chief Operating Officer of Atom Tickets, to its board of direcftors. Checchi was promoted to Chief Marketing Officer of Atom Tickets in 2017, and previously worked as Chief Marketing Officer at YP, in addition to serving at Bain & Company. According to EZ Texting, Checci will be the second independent member of its board of directors.

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JUNE 5, 2019

San Diego-based eSUB Construction Software --fresh off a $12M funding round --says it has hired on a new Chief Technology Officer (CTO), to help it development its platform. The company, which develops software used by construction contractors, said it has named Angelina Hendricks to the Chief Technology Officer position, where she will be responsible for developing the company's technology strategy, driving product innovation, and leading its product and software development teams.

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JUNE 5, 2019

Thousand Oaks-based Teledyne Technologies has acquired the gas and flame detection business of 3M , in a deal worth $230M in cash, the company announced early this morning. According to Teledyne, the deal includes the Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products, which had been part of the gas and flame detection business of 3M.

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JUNE 5, 2019

San Diego-based Mapp , a developer of cloud-based digital marketing software, has completed its acquisition of European marketing analytics software developer Webtrekk , the company said this morning. Financial details of the acquisition were not announced. Webtrekk was based in Berlin, and has other offices in Italy and Spain. According to Mapp, Webtrekk will continue to offer up a stand-alone solution for marketing analytics and customer intelligence, although the two will combine their servic

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MAY 17, 2019

Los Angeles-based Criteria Corp , a developer of a software-as-a-service employment analytics and pre-employment testing platform, said today that it has raised $56M in a strategic investment round, from private equity investor Sumeru Equity Partners. According to Criteria Corp., the majority funding round will go towards product innovation and growth.

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MAY 17, 2019

For today's interview, we sat down and spoke with David Loo , the founder and CEO of Perspectium (www.perspectium.com), a startup which is developing service management applications designed to help connect different, enterprise service management software products together. Loo--who was the very first employee at ServiceNow--explains what that means, and why companies use the startup's software.

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JANUARY 23, 2019

Los Angeles-based Final Round said on Wednesday that it is looking to provide news coverage for Esports fans, with its brand new platform, which it has just launched into beta. Final Round said it will provide coverage of such games as Fortnite, League of Legends, Call of Duty and others, giving fans the "latest news, twitch streams, and tournament results" through its website.

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DECEMBER 18, 2018

San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The funding round came from Lightspeed Venture Partners, T. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise.

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NOVEMBER 28, 2018

Los Angeles-based ComicBlitz , an online, subscription comic book service which lets users access unlimited digital comic books for $7.99 a month, has been acquired by Los Angeles-based Cinedigm. Financial details of the buy were not announced. According to Cinedigm, ComicBlitz currently provides access to approximately 10,000 digital comic books, from more than 30 publishers.

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NOVEMBER 28, 2018

San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venture capital investment fund, which will focus only an artificial intelligence. Qualcomm said the new Qualcomm Ventures AI Fund , which is worth $100M, will go towards startups who are working around "AI becoming more powerful and widespread" on devices, with an emphasis on autonomous cars, robotics and machine learning.

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