socalTECH

OCTOBER 18, 2016

Santa Barbara-based startup KLiP Industries said this morning that it has launched its first product, a weatherproof case for the popular Raspberry Pi, Arduino, and BeagleBone embedded computers. According to KLiP, it has developed a weatherproof, IP67 rated enclosure system which can handle the RPi or other single board computers, as well as two additional expansion boards and shields, and is intended to support deployment of IoT solutions into the real world.

Santa Barbara 171

Santa Barbara Product Marketing Startup 171

L.A. Business Journal

OCTOBER 18, 2016

Doctor house call app Heal of Santa Monica raised a $26.9 million Series A round led by Legendary Pictures chief executive Thomas Tull’s company Tull Investment Group.

Santa Monica 153

Santa Monica Invest Company Companies 153

socalTECH

OCTOBER 18, 2016

Comcast Ventures , the venture capital arm of Comcast Corporation , announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive-in-Residence at Warburg Pincus, and also was founder and CEO of Hatch Labs. According to Comcast, Moorjani helped co-found Tinder out of Hatch Labs, and also has served at IAC/InteractiveCorp and Samsung Electronics.

Santa Monica 157

Santa Monica Southern California USC UCLA 157

L.A. Business Journal

OCTOBER 18, 2016

Healthcare app Heal raises $26.9 million, clinical trial software developer Science 37 raises $31 million, and L.A. investor Ashton Kutcher says virtual reality is overhyped.

Software Development 135

Software Development Report Software Develop 135

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

OCTOBER 18, 2016

Los Angeles-based Science 37 , a startup developing a technology platform aimed at enabling clinical trials, said this morning that it has raised $31M in a Series B financing round. The funding was led by Redmile Group, and also included Lux Capital, dRx Capital, and Sanofi Genzyme BioVentures. As part of the funding, Rob Faulkner of Redmile joins the company's board.

Platform 152

Platform Los Angeles Sites Capital 152

Tech.Co

OCTOBER 18, 2016

Coding bootcamps have proven to the cure for a workforce that isn’t qualified to handle the complicated technologies that rule the business world today. They are relatively short, they are taught by experts, and they provide an avenue to employment after graduation. And one well-known coding bootcamp has made an effort to focus on engineering thanks to a huge investment from a Malibu CEO.

Malibu 129

Malibu Funding Class Education 129

Xconomy

OCTOBER 18, 2016

Five years ago, in November 2011, a company from Princeton, NJ, called Pharmasset shared news that would have an impact on millions of people around the world with hepatitis C. Its experimental drug PSI-7977 had quickly cleared the virus from 40 patients , with minimal side effects, and they had stayed infection-free. If the data held up in wider testing, it could mean that hepatitis C could be cured someday with a short course of pills, without the flu-like symptoms that dogged regimens of the

Startup 74

Startup Research Sales Organization 74

socalTECH

OCTOBER 18, 2016

Santa Monica-based Heal , the on-demand doctor's house call startup, said this morningg that it has raised $26.9M in a Series A funding. The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), David Ellison (Skydance Media), Hashtag One, and Slow Ventures. Heal says it has now raised $40M in total funding.

Demand 143

Demand Funding Santa Monica Media 143

socalTECH

OCTOBER 18, 2016

El Segundo-based NEOGOV , the developer of human resources automation software for the public sector, has raised a round of growth equity from private equity investor Warburg Pincus. Size of the investment round was not announced. NEOGOV, which is led by Damir Davidovic, was founded in 2000, and has not previously received institutional funding. The company's software-as-a-service products are used to manage recruitment, onboarding, and performance evaluation for government agencies.

El Segundo 143

El Segundo Funding Equity Resource 143

socalTECH

OCTOBER 18, 2016

Los Angeles-based Internet advertising company Social Reality announced this morning that it has named Kathy Ireland as its new Chief Branding Advisor. According to the firm, Ireland will also help the company link with other executives in the media, entertainment and advertising industries to serve on an Advisory Board. Ireland is head of the lifestyle brand kathy ireland Worldwide, which Social Reality said had sales in the excess of $2.5 billion in 2012.

Advertising 142

Advertising Entertainment Los Angeles Media 142

socalTECH

OCTOBER 18, 2016

Biotech venture capital investor Sofinnova , which has offices in San Diego, announced that it has raised $650M in its newest fund, Sofinnova Venture Partners X. The firm said it closed the fund at its hard cap of $650M, after exceeding its initial funding target of $550M. Sofinnova says it invests in biotechnology companies that are developing drugs that address high unmet medical needs and improve the lives of patients.

San Diego 138

San Diego Invest Venture Capital Funding 138

socalTECH

OCTOBER 18, 2016

Irvine-based Enevate , which is developing advanced Lithium-ion batteries, said this morning that it has named Sameer V. Rao as its new Chief Financial Officer. Rao was previously at MaxLinear, serving as an executive in the finance area, and also has served at Broadcom and PRTM. He got his start in the engineering side of the business at Rockwell International and Conexant Systems, according to Enevate.

Draper 125

Draper Mission Ventures Capital Technology 125