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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.

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AnyMeeting Debuts New Web Conferencing Product

socalTECH

AnyMeeting , the developer of web and video conferencing software aimed at the small business market, said today that it has launched a new, web conferencing product called AnyMeeting Company Pro. The company said those plans start at $480 per year for three employees, and up to $7,200 per year for up to 50 employees.

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FastSoft Targets Dynamic Web Pages, Video

socalTECH

Pasadena-based FastSoft , the Caltech spinout which develops Internet acceleration devices, said today that it has bolstered its algorithms used its product to support dynamic web pages and video. FastSoft is venture backed by Miramar Venture Partners, Caltech, and angel investors. READ MORE>>.

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Kryptos Logic Emerges From Shadows After Halting WannaCry

socalTECH

Los Angeles-based Kryptos Logic has emerged from the shadows this week, after one of its researchers halted the massive WannaCry virus. The company is one of a number of cybersecurity companies based in the Los Angeles area, including such companies as Crowdstrike--the company investigating Russian hacking into the U.S.

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AnyMeeting Rolls YouTube Feature, Hits 200K Users

socalTECH

Huntington Beach-based AnyMeeting , which develops free web conferencing and online meeting software, reported this morning that it has released a new feature which lets users share any YouTube video into their meeting, and has also hit a milestone of 200,000 registered users. READ MORE>>.

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Wallaby Acquired By Bankrate

socalTECH

Pasadena-based Wallaby Financial , the developer of web and mobile apps to help consumers optimize their credit card spending, hsa been acquired by Bankrate. Wallaby was venture backed by Founders Fund Angel, Karlin Ventures, MuckerLab, SLP Ventures, and WI Harper Group. Financial terms of the buy were not disclosed.

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Angel Funding Advice

Both Sides of the Table

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. This post is for those who want to raise angel money. At an angel round you can get away with no market validation.

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