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Altly Posts Anti-Facebook Manifesto, Gets Funding

socalTECH

MAY 25, 2011

Los Angeles-based Altly , the latest startup of Dmitry Shapiro , the founder of Veoh and former CTo of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Facebook--and the firm is going to create that alternative. READ MORE>>.

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SmartDrive Systems Raises $47M For Better Driving

socalTECH

JUNE 18, 2012

San Diego-based SmartDrive Systems , which develops driving safety systems for managing driving fleets, said Monday afternoon that it has raised $47m in a new funding round. The funding came on the same day the firm announced the hiring of former Veoh CEO and Overture GM Steve Mitgang as its new CEO. READ MORE>>.

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