L.A. Business Journal
AUGUST 23, 2016
STX Entertainment acquires virtual reality company Surreal, Google Daydream to use Hulu VR content, Disney Movies Anywhere integrates with Verizon Fios, and more.
socalTECH
AUGUST 23, 2016
Irvine-based electronics developer Skybell , which develops a Wi-Fi connected, smart doorbell, has scored a big win with Reliant Energy, a provider of energy and home security services in Texas. Reliant said it will start offering up a smart, Wi-Fi Doorbell Camera to its customers, which lets users unlock and lock doors, record live video, two way audio, and more.
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Xconomy
AUGUST 23, 2016
What’s the biggest, scariest threat facing the United States right now? I know for sure that it’s not immigration, free trade, or “radical Islamic terrorism.” And I’m going to resist the easy answer that it’s Donald Trump. But I have a hard time deciding which of these two very real challenges is more urgent: a) Slow economic growth—and just as bad, the unequal distribution of what gains there are—leading to a traumatic reset of the average American’s expectations for the future, plus spiraling
socalTECH
AUGUST 23, 2016
Newport Beach-based Veritone , which is developing artificial intelligence software used for sentiment analysis for media firms, political campaigns, corporations, and the government, said it has closed on a $50M funding agreement. The funding comes from Acacia Research. According to Veritone, the $50M in working capital includes an initial $20M convertible investment, and contingent investment of $30M based on milestones.
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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.
Xconomy
AUGUST 23, 2016
A new program to prepare high-ranking women in the biotech industry for corporate board seats has unveiled its first class of 20. In other circumstances the five-day workshop, scheduled this fall at George Washington University in the nation’s capital, might go unnoticed among the sea of executive training programs offered every day. But the “Boardroom Ready” program, as it’s called, is the result of widespread demand for action to break biotech’s glass ceiling.
socalTECH
AUGUST 23, 2016
Ventura-based Trade Desk has filed for an IPO, saying that it is looking to raised up to $86.25M on an IPO on the NASDAQ Global Market. The company says it has filed to trade as TTD. The advertising technology company is led by Jeff Green. The IPO is being underwritten by Citigroup, Jefferies, RBC Capital Markets, Needham & Company, and Raymond James.
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socalTECH
AUGUST 23, 2016
Irvine-based cybersecurity technology developer Cylance said this morning that it has named Felix Marquardt as its new President of Cylance International, to head up its global expansion. Marquardt was previously serving as a strategic advisor to the heads of a number of national governments and Fortune 500 companies, according to Cylance, and was director of communications of the International Herald Tribune (now the International New York Times).
LATechDigest
AUGUST 23, 2016
The LA Dodgers And R/GA Announce Second Sports Accelerator Program Companies. Focus is on Growth-Stage Companies and Strategic Business Development. The Los Angeles Dodgers and R/GA Ventures are pleased to announce the five companies chosen for the second LA Dodgers Sports Accelerator. The program launches today in R/GA’s LA office. The companies include new platforms for creating real-time data, video, and highlights for amateur and professional sports teams, community-based content creation to
socalTECH
AUGUST 23, 2016
Irvine-based endpoint protection and security developer CrowdStrike said today that it has named Brian Brouillette as its Vice President of Customer Success. Brouillette was previously at Westell, and also served at Hewlett Packard (HP), Juniper, Ixia and NetOptics. CrowdStrike, which is led by security veteran George Kurtz, offers up an endpoint protection platform aimed at stopping breaches and responding to cyberattacks.
socalTECH
AUGUST 23, 2016
San Diego-based Cubic Corporation says it has named Darryl Albertson as its new Chief Diversity Officer. Albertson has been at the company since September of 2013, serving as Vice President of Corporate Human Resources. According to Cubic, in his new role, Albertson will be supporting and promoting diversity and inclusion initiatives among its customers, suppliers and employees.
socalTECH
AUGUST 23, 2016
Los Angeles-based online real estate investing marketplace RealtyMogul.com says it has named two executive, naming Sameer Shamsuddin as Chief Technology Officer and Niall Weintraub as Vice President of Marketing. Shamsuddin was previously at GSI Commerce/eBay Enterprise, most recently as International CTO, and had spent 17 years at the company. Weintraub was most recently at DogVacay, where he was Head of Acquisition Marketing; he also has served at Match.com.
socalTECH
AUGUST 23, 2016
La Jolla-based Singlera Genomics , a developer of non-invasive genetic testing technology, has raised $20M in a Series A funding, according to the company. The funding was led by Lilly Asia Ventures, and also included Green Pine Capital Partners, CDBI Partners, and others. Singlera, which has operations in both La Jolla and Shanghai, develops single cell sequencing, DNA methylation and bioinformatics technology targeted at tumor diagnosis and personalized treatment, non-invasive prenatal diagnos
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