Wed.May 25, 2016

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Tipalti Takes On Accounts Payable

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Tipalti , a startup with offices in Agoura Hills, said it has launched a new platform which automates the entire, accounts payable workflow for businesses. The company said its cloud-based product helps companies handle invoice collection and approval, plus also managed supplier payment operations, tax compliance, global payment remittance, and payment reconciliation with ERP systems.

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Victorious Gets $25M For YouTube Celebrity Apps

SoCal Tech Calendar

Santa Monica-based Victoroius , which develops mobile apps focused on YouTube creators and celebrities, has raised $25M in a funding round, the company disclosed on Wednesday. The funding came from Marker Ventures, Dentsu Ventures, Kleiner Perkins, and Redpoint Ventures. Victoroius is led by Sam Rogoway, and develops apps specifically for Internet celebrities and creators.

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Amazon Opening Another New Warehouse In Inland Empire

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Amazon.com said today that it is expanding its operations in California, with two new "fulfillment centers", including one in the Inland Empire. Amazon.com said it is opening up a fulfillment center in Eastvale--which is just west of Riverside along with another center in Northern California, in Tracy. The company said the two centers will create more than 1,500 new full time jobs.

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Find Your Sweet Spot To Excel As An Entrepreneur

Startup Professionals Musings

Finding your sweet spot as an entrepreneur needs to start with a meaningful personal purpose that is also a business opportunity. Some people are so passionate about a cause that they forget to consider the lack of business potential, while others are so enamored with profit that they jeopardize their ethics. Both ends of this spectrum fail to bring long-term satisfaction or success.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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GumGum Expands In-Image Ad Deal With Publisher

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Santa Monica-based image advertising technology developer GumGum is in a deal, which will bring its in-image ads to publications In Touch Weekly, Life&Style, J-14, Closer Weekly, Woman�s World, Twist, and M Magazine, according to the company. The deal is part of an expanded partnership with publisher Bauer Xcel Media. Financial details of the deal were not disclosed.

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Four great apps for learning ‘hard’ languages

Tech Zulu Event

Learning any language can be hard, but some – including Mandarin, Arabic, and Korean – have a reputation for being more difficult than others. With the popularity of apps, however, there has never been an easier time to pick up a new language – even if that includes learning a new alphabet. The apps below are a great way of learning new languages that might appear to be too much of a challenge.

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March Capital Partners' Jim Armstrong On A New, $240M Venture Fund

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Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. We caught up with Jim Armstrong to learn more about the new fund, areas of interest, his insights into what makes startups successful, and where he thinks the venture market is today.

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NantHealth Sets IPO Pricing Range

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Culver City-based NantHealth , one of the startups out of billionaire Patrick Soon-Shiong's NantWorks portfolio, has set its IPO pricing range at between $12.50 and $15.50 per share, the company said in a regulatory filing on Tuesday. The company is selling 6,500,000 shares of its common stock in the offering, which would list the company as NH on the NASDAQ Global Market.

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Penske Media Names COO

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Los Angeles-based Penske Media Corporation , which owns such media brands as Variety, WWD, Deadline, Indiewire, and other online and offline publications, says it has named George Grobar as its new Chief Operating Officer. Grobar was previously Executive Vice President of the company, and has been at the company since 2009, and before that, spent 13 years at The Walt Disney Company.

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AssetAvenue Launches 30-Year, Residential Loans

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Los Angeles-based online, real estate investment lending site AssetAvenue has launched into providing 30-year, fixed loans for real estate investors, specifically to invest in the purchase of rental properties, according to the company. AssetAvenue said its new loads are intended for use in purchasing rental properties, including single-family homes, two to four multitenant units, condos and townhomes.

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OneRoof Energy Cuts Staff, Realigns Business

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San Diego-based residential solar installer OneRoof Energy has cut its staff, and says it is in a major realignment of its business operations to tap into consumer services providers and partners, rather than invest in its own direct sales. Size of the cuts were not announced by the company. According to the company, it has realigned its business to focus on what it calls its "Solar 2.0" strategy, which focuses on working with major consumer services providers and a focus on non-traditional chan

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Blizzard's Overwatch Goes Live On Console, PC

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Irvine-based Blizzard Entertainment said that its first person shooter game, Overwatch , is now live across the globe on PC, PS4 and Xbox One consoles. The game has been in beta with more than 9.7 million players already. The new game focuses on a cast of "heroes" who battle for the control of different locations around the world using futuristic weapons.