L.A. Business Journal
JUNE 20, 2016
The Angels Flight funicular, billed as the shortest railway in the world, might be out of commission, but there’s a new way for enthusiasts to get their Angels Flight fix without leaving their computer.
socalTECH
JUNE 20, 2016
Dell Software , the unit of computer giant Dell which includes a sizeable chunk of employees in Aliso Viejo, has been acquired by private equity firms Francisco Partners , along with Elliott Management , the companies said this morning. Financial details of the acquisition were not disclosed. A chunk of Dell Software is the former Quest Software , which was based in Aliso Viejo and was acquired by Dell back in 2012.
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L.A. Business Journal
JUNE 20, 2016
Snapchat expands advertising, Mashable acquires Cinefix, Clearlake Capital buys Vision Solutions, and more.
socalTECH
JUNE 20, 2016
Santa Monica-based MGID , a provider of native advertising software and a native advertising network, said last week that it has launched a new, anti-ad blocking product. The company said its new technology allows publishers to trigger warnings and bypasses blocking attempts by software ad blockers. MGID's new product lets publishers set anti ad blocking features on ads, ranging from a notice asking users to disable their ad blockers in order to display free content; to blocking access to a site
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.
Startup Professionals Musings
JUNE 20, 2016
There is a common belief in the angel and venture capital community that you put your money on the best team, rather than the best idea. Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Solo entrepreneurs rarely find an investor.
socalTECH
JUNE 20, 2016
Thousand Oaks-based Amgen said Friday that it has named Esteban Santos as its new Executive Vice President, Operations. Santos has been at Amgen since 2007, and has been serving as Senior Vice President, Manufacturing, since 2013. The company said that Santos will head up Amgen's Operations organization, which is responsible for manufacturing, process development, quality, engineering and global supply chain.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JUNE 20, 2016
Irvine-based wireless broadband hardware developer Vubiq Networks announced this morning that it has named John Dilworth as the company's new CEO. Dilworth replaces CEO Ed Snyder, who the company said has stepped down "in order to pursue other opportunities." Dilworth was previously VP of Business Development at the company. Vubiq Networks develops 60 Ghz, millimeter wave Gigabit Ethernet wireless equipment, which is being aimed at broadband wireless fiber extensions, wireless metropolitan area
socalTECH
JUNE 20, 2016
La Jolla-based biopharmaceutical developer Regulus Therapeutics has raised $30M in a growth capital credit facility, from Oxford Finance, the company said this morning. According to Regulus, the proceeds from the loan will go towards working capital needs and advancement of its clinical and pre-clinical development pipeline. Terms of the loan and security agreement were not announced.
socalTECH
JUNE 20, 2016
San Diego-based SmartDrive Systems , which develops video-based, fleet- driver-safety systems, reported today that it has been selected by the Los Angeles County Metropolitan Transportation Authority (L.A. Metro) for rollout on both its bus and rail fleets. Financial details of the win were not announced, however, SmartDrive said it will roll out across the LA Metro's entire entire fleet of 2,350 buses and 315 rail cars.
socalTECH
JUNE 20, 2016
Santa Monica-based private equity investor Clearlake Capital has acquired Vision Solutions , a developer of data protection, high availability, and cloud migration software. Financial details of the acquisition were not announced. Clearlake executives Behdad Eghbali, Prashant Mehrotra and Paul Huber, along with advisors Keith Bradley and Lonne Jaffe have all joined Vision Solutions' board as part of the acquisition.
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