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Pixoto Raises Seed Funding For Photo Site

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Based on the funding, it appears the company is working on a $500,000 seed funding round. Kiefer was the founder of Torrance-based Pictage, an online photo site which helps wedding photographers and other professionals market their photos. Kifer was the founder of Expy, GigBooks & Dealometer/CitizenLocal.

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The Lundquist Institute Gets $1.75M

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Torrance-based The Lundquist Institute for Biomedical Innovation announced on Tuesday that it has received $1.75M as a donation, to fund a multi-site, clinical trial to evaluate the efficacy and safety of the compound psilocybin in individuals with severe psychological distress associated with a terminal medical illness.

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Phenomenex Acquired By Danaher

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Torrance-based Phenomenex , a manufacturer and distributor of consumables for the life sciences market, said today that it has been acquired by Danaher Corporation. Phenomenex will remain in Torrance, and continue operating under its current brand, personnel, and site locations. READ MORE>>.

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PC Mall Expands Into Deals Of The Day

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Torrance-based PC Mall , the IT solutions provider and retailer, said Tuesday that it has entered into the "Deal of the Day" market via its OnSale subsidiary. The new site goes head to head with Groupon, LivingSocial, and a slew of other imitators. READ MORE>>.

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LiveOffice Adds Social Networking Support

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Torrance-based LiveOffice , the provider of email archiving, compliance, and backup services, said yesterday that it has linked with SocialWare , a provider of software for connecting companies to social networking sites. AdvisorMail is used by companies to monitor compliance with SEC and FINRA regulations. READ MORE>>.

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Pictage Shifts To Monthly Subscriptions

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Torrance-based Pictage.com , which operates an online service for helping professional and wedding photographers market and sell their photos, announced today that it has opened up new monthly subscription plans for the service. According to the company, it is now offering three new monthly plans for its users, including a Starter, $19.00

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FoodLink Online Names CEO

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Torrance-based Foodlink Online , a provider of supply chain software for the perishable food market, said this week that it has named Eric Peters as the firm's new CEO. Tom Unterman of Rustic Canyon Partners--the majority owner of Foodlink--site on the company's board. The firm is venture backed by Rustic Canyon Partners.