socalTECH

AUGUST 13, 2019

Los Angeles-based Cinq Music , a music startup which provides technology driven music distribution, record label, and rights management, has raised $40M in a Series C funding, the company said on Tuesday. The funding came from GoDigital Media Group, a media and technology investment firm focused on intellectual property rights management. According to GoDigital, the new funding will go to purchase music rights, both masters and publishing, and to further expand internationally.

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Media Los Angeles Funding Invest 124

L.A. Business Journal

AUGUST 13, 2019

Andreessen Horowitz led a $16.5 million Series A funding round for Sawtelle-based online multiplayer game developer Singularity 6 Corp., which will use the cash to develop its first fantasy multiplayer game.

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Funding Develop Development 100

socalTECH

AUGUST 13, 2019

San Diego-based GraphPad , which develops graphing software for scientific graphing and analysis, has acquired SnapGene , a developer of bioinformatics software, the company announced this morning. GraphPad said that it has created a new company called Insightful Science as a part of the acquisition, which will become the parent company of SnapGene, Graphpad Prism, and the Geneious DNA data analysis solutions, Geneious Prime and Geneious Biologics.

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Software San Diego Acquisition Develop 124

L.A. Business Journal

AUGUST 13, 2019

Marina del Rey advertising technology outfit Lucidity has raised a $5 million Series A round of funding to invest in engineering, product development and customer support.

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Marina Del Rey Advertising Invest Customer 100

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

AUGUST 13, 2019

Los Angeles-based Singularity 6 , a developer of online games, has raised $16.5M in a Series A funding round, the company said this morning. The funding was led by Andreessen Horowitz (a16z), and also included seed investor LVP as well as FunPlus Ventures. Andrew Chen, a Partner at Andreessen Horowitz, will join the company's board of directors as part of the investment.

Riot Games 124

Riot Games Entertainment Los Angeles Funding 124

socalTECH

AUGUST 13, 2019

Security researchers reported over the weekend that they are able to triangulate the exact location of users on Grindr , as well as three other mobile dating apps, all by just knowing a username. According to research posted by Pen Test Partners (PTP), it is able to spoof latitude and longitude of locations thorough the mobile apps of those phones, and calculate the exact location of a specific person using the app using triangulation.

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Research Report Mobile Los Angeles 113

socalTECH

AUGUST 13, 2019

Los Angeles-based venture investor March Capital is the lead investor in a $51M, Series C funding round for Uniphore , which also included Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, and others. Uniphore is a developer of conversational artificial intelligence software, which is being used in call centers, and helps provide automated customer service for companies.

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Artificial Inteligence Capital Software Funding 113

socalTECH

AUGUST 13, 2019

Temecula-based Perceptyx , a developer of employee analytics and survey software, has raised a round of strategic funding from TCV,according to the company. Size of the investment round was not announced. According to Perceptyx, the "significant" investment will go through product innovation, and positioning of the company. Nasari Ansari, General Partner at TCV, and Dave Eichler, Vice President of TCV also have joined the company's board.

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Funding Organization Software Invest 113

socalTECH

AUGUST 13, 2019

Santa Monica-based GumGum , which is developing artificial intelligence software for advertising analysis, has named a new CFO, as well as appointed a number of VPs, the company said on Monday. According to GumGum, it has named Patrick Gildea as Chief Financial Officer, Ben Plomion as its Chief Growth Officer, and also named Adam Schenkel and Travis O'Neill to the Senior Vice President roles.

Artificial Inteligence 113

Artificial Inteligence Santa Monica Advertising Software 113