socalTECH

NOVEMBER 5, 2019

Los Angeles-based Parabol , a startup developing software management tools, used to manage the efforts of development teams, has raised $4M in a funding round, the company said this morning. The funding came from CRV, Haystack, and the SlackFund. The company--which moved here from Brooklyn, New York, but is mostly virtual--is led by founder and CEO Jordan Husney.

Software Review 159

Software Review Tool Development Team Review Software 159

TechCrunch LA

NOVEMBER 5, 2019

Companies continue to refine digital diagnostic tools for in-home healthcare at a rapid clip. The latest to launch is an at-home test for urinary tract infections from the Los Angeles-based startup Scanwell Health. The company was founded by Stephen Chen, who literally grew up in the diagnostics testing business. His family had built one of the largest manufacturers of urinalysis testing in the country and Chen’s earliest memories of work are standing on an assembly line putting together p

Screening 148

Screening Sample Los Angeles Funding 148

socalTECH

NOVEMBER 5, 2019

Foothill Ranch-based Bal Seal Engineering , a manufacturer of springs, seals, contacts, as well as other products for the medical, aerospace and defense, and industrial market, has been acquired by Connecticut-based Kaman Corporation , in a deal worth $330M in cash. Acording to Kaman, the acquisition will significantly expand and diversity its portfolio of products, and help it reach into high-growth and high-margin medical and industrial end markets.

Acquisition 127

Acquisition Marketing Product Help 127

L.A. Business Journal

NOVEMBER 5, 2019

Santa Monica-based car rental startup HyreCar Inc. reported third-quarter revenue of $3.7 million.

Santa Monica 140

Santa Monica Report Startup 140

Advertiser: Aggregage

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.

Company

socalTECH

NOVEMBER 5, 2019

Los Angeles-based ConnectedTravel , a developer of connected vehicle applications and services, says it has teamed up with Universal Music Group , for a new hackathon which will "imagine next-generation music experiences" for connected vehicles. According to ConnectedTravel, it is in a collaboration with Universal Music Group's Capitol Music Group for the upcoming Capitol Royale Hackathon from November 15-17, 2019.

Los Angeles 113

Los Angeles Competition Ideas Angel 113

Xconomy

NOVEMBER 5, 2019

Section 32, which invests in healthcare and life sciences companies with a technology component, has added a third managing partner. The small venture capital firm was started in San Diego about two years ago by Bill Maris , who, during his time at Google, founded and led its corporate venture capital arm, now part of parent company Alphabet (NASDAQ: GOOGL ).

Southern California 59

Southern California San Diego Venture Capital Google 59

socalTECH

NOVEMBER 5, 2019

Los Angeles-based Geenee , a company developing mobile software that allows physical objects to trigger mobile, augmented reality (AR) experiences, has raised $7M in a seed funding round, the company said on Tuesday morning. The company said the funding was led by IDI Partners. The funding will go towards the company's go-to-market strategy and for additional products, according to the company.

Seed Funding 113

Seed Funding Software Funding Commerce 113

socalTECH

NOVEMBER 5, 2019

CrowdStrike , the developer of endpoint protection software and cybersecurity tools with a big presence in Orange County, is extending its software to Amazon Web Services, the company said today. According to CrowdStrike, its new Falcon for Amazon Web Services (AWS) is designed to help secure cloud workloads, and is available through Amazon's AWS Marketplace.

Orange County 113

Orange County EC2 San Diego Web 113

socalTECH

NOVEMBER 5, 2019

Los Angeles-based private equity investor OpenGate Capital announced very late Monday evening that it has acquired the majority interest in CoreMedia AG , a developer of content management software. Financial terms of the buy were not announced. CoreMedia AG is headquartered in Hamburg, Germany. According to OpenGate Capital, it acquired CoreMedia AG from Deutsche Telekom Capital Partners and a consortium of private investors.

Capital 113

Capital Equity Content Acquisition 113

socalTECH

NOVEMBER 5, 2019

San Diego-based Clarify Medical , a developer of light-based systems for treating chronic skin conditions, has raised $18M in a new funding, according to investor H.I.G. BioHealth Partners. H.I.G. Biohealth Partners said it was the co-lead on the funding, which it called a "commercialization round" for Clarify Medical. According to H.I.G., the new funding go to further commercialize and developer Clarify's Home Light Therapy System, which is an FDA-cleared system for localized phototherapeutic t

Funding 113

Funding San Diego Develop Development 113