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SPINN Snag $20M For Coffee Device

socalTECH

A new, Los Angeles-based startup, SPINN, developing a fully automated, mobile- or voice-controlled coffee maker which grinds beans, heats water, and brews coffee for users, said on Monday that it has raised $20M in a funding round. The funding was led by Spark Capital, and also included Amazon's Alexa Fund, Bar 9 Ventures and others.

Patents 113
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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. Every business is global, but patent rules differ around the world.

Patents 53
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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. plus a large settlement on patent disputes paid from Google) so Bill did well on it. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis.

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Vyng Picks Up $4M For Video Ringtones

socalTECH

Vyng said it raised $4M in its Series A funding, which was led by Omidyar Network India, and also included March Capital Partners, Alpha Edison, and the Entrepreneur Fund. Vyng said it will use the funding to grow its global team, for partnership, and also for development of patents around its technology.

Venice 133
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Respect Competitors and Capitalize on Your Strengths

Startup Professionals Musings

For example, if your new software adds innovative new features and mobile access to a classic offering, you could name and degrade current vendors for their lack of support, or you could highlight your innovative additions over the current market leaders. Capitalize on team experience and relevant business area strengths.

Capital 63
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AppOnboard raises $15 million to let Android users try before they buy apps on Google Play

TechCrunch LA

It was an early success for the regional ecosystem and proved to be one of the most valuable exits (from a capital efficiency standpoint) for the year. Zweig was one of the architects behind the success of AdColony, a startup which sold to Opera Software in 2014 for $350 million.

Google 213
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AirPush's Asher Delug: Bootstrapping Your Way To $100M

socalTECH

Los Angeles-based mobile advertising company Airpush has quietly grown to around $100M in annual revenues, according to a recent ranking from Forbes--a big surprise, as the company was completely bootstrapped by founder Asher Delug , who eschewed the usual use of venture capital and private equity to build a company to those revenue levels.

Startup 196