Tue.Dec 06, 2016

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Heal Raises $14.8M, Names Richard Gephardt To Board

socalTECH

Santa Monica-based Heal , the startup which provides on-demand, doctor house calls to patients, has raised $14.8M in a Series B funding, and added former House Majority and Minority Leader and U.S. Presidential Candidate, Richard Gephardt, to its board of directors. The Series B funding came from Fidelity Management and Research Company. According to Heal, the new funding will help it expand its geographical footprint, broaden the range of medical services it offers and increase patient reach.

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Silicon Beach Report Dec. 6: J2 Global Acquires Everyday Health for $465M

L.A. Business Journal

J2 Global acquires Everyday Health for $465 million, Aerovironment charger is official accessory to Chevy Bolt EV, and Heal Adds Dick Gephardt to board.

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Napkin Finance Targets Life Events With Financial Advice

socalTECH

Los Angeles-based Napkin Finance , the startup which is distilling a lot of difficult-to-understand, but important, financial topics onto simple, "napkin"-like, one page graphical explanations, has made an expansion to its site to cover life events. The startup has started organizing its napkins into those most relevant for big life events, such as buying a house, getting married, having a baby, etc.

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At Late-Night ASH Talk, Juno Execs Look Beyond Stalled “Rocket” Trial

Xconomy

Juno Therapeutics is still mulling next steps for its lead product, an experimental cancer immunotherapy now stuck in limbo because five of 68 adult leukemia patients in its current study, a clinical trial called “Rocket,” have died from severe brain swelling caused by the treatment. In an after-dinner review at the American Society for Hematology conference in San Diego, however, company executives spent most of their time touting other products in their pipeline for other cancers, in what soun

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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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AeroVironment Selected By General Motors For New Bolt EV Charging

socalTECH

Monrovia, California-based AeroVironment , which develops both unmanned aerial vehicles and electric vehicle charging stations, has scored a win with General Motors. The company said on Tuesday afternoon that its EVSE-RS charging station has been selected as the official home charging station for GM's new 2017 Chevrolet Bolt EV. The company says its charger charges the EV up to 5 times faster than a standard cordset for the vehicle.

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ASH Roundup: CAR-T Shuffle, Hemophilia Updates, Checkpoint Progress & More

Xconomy

Two years ago at the American Society of Hematology conference, excitement, not blood, was running in the streets of San Francisco. The cancer immunotherapy known as CAR-T was the star of the show , thanks to dazzling early data that showed more patients than not saw their leukemias and lymphomas knocked into remission by the living, genetically engineered cells.

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Harman Backs Heads Up Display Maker Navdy

socalTECH

Automotive audio and entertainment systems maker Harman , which has a significant number of its businesses in Southern California, has made a strategic investment in Navdy , a developer of after-market, heads-up and augmented reality devices for the automotive market. Size of the investment was not announced. Navdy is also backed by local investors Upfront Ventures and Qualcomm Ventures, along with Eniac Ventures, Formation8, Promus Ventures, and others.

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OpenX Names CFO, Chief People Officer

socalTECH

Los Angeles-based programmatic advertising marketplace operator OpenX announced this morning that it has made two major executive hires, to support growth at the company. OpenX said it has named Eric W. Muhlheim as its new Chief Financial Officer, and named Laura Revenko as its Chief People Officer. Mulheim most recently was CFO of Helix Education, and also served at Altius Education and The Walt Disney Company, where the company said he founded the Disney English division, helped develop Disney

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Ingram Micro Acquired By HNA Group In $6 Billion Deal

socalTECH

Irvine-based Ingram Micro and Chinese company HNA Group said this morning that the $6 billion acquisition of Ingram Micro by HNA Group's subsidiary, Tianjian Tianhai Investment Company, Ltd., has completed. Tianjin paid $38.90 per share in cash for Ingram Micro. The deal had been announced earlier. Ingram Micro will stop trading on the New York Stock Exchange before the market opens today.

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PSI Services Acquires Computer Assisted Testing Services

socalTECH

Burbank-based PSI Services , which provides professional testing services, said today that it has acquired Computer Assisted Testing Services (CATS). Financial terms of the buy were not announced. CATS provides computer-based examinations for organizations in the licensing and certification testing area. PSI said the acquisition will help it expand in the federal and certification market segments.

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