Wed.Aug 31, 2016

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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. Prime Focus develops a cloud-based software product aimed at managing the supply chain for the media industry, and says its software is being used by such companies as 21st Century Fox-owned Star India, Novi Digital - Hotstar, Miramax, Disney, Warner Bros., Global Eagle

Equity 145
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Appetize Signs Deal to Supply Devices to Los Angeles Memorial Coliseum

L.A. Business Journal

Point-of-sale system manufacturer Appetize of Santa Monica has signed a deal with venue management firm Legends to outfit the Los Angeles Rams’ temporary home, the Los Angeles Memorial Coliseum, with its devices.

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MindSpark Taps Autistic Individuals For Software Testing Workforce

socalTECH

Santa Monica-based startup MindSpark announced on Tuesday that it is expanding its efforts to provide enterprise level, software testing, tapping into a workforce of employees who are specifically on the autism spectrum. According to MindSpark, it specifically hires analysis who have been diagnosed on the autism spectrum, saying those employees have better detail orientation, pattern recognition and sustained focus, which are particularly useful in the software testing area.

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Silicon Beach Report Aug. 31: Flipagram Is Shopping Itself Around to Potential Buyers

L.A. Business Journal

Flipagram Is Shopping Itself Around to Potential Buyers, Appetize signs deal to supply devices to Los Angeles Memorial Coliseum, CBS All Access Launches Ad-Free Option, and more.

Flipagram 113
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Jacobs Buys Technology, Patents From Bayer AG

socalTECH

Pasadena-based Jacobs Engineering Group said this morning that it has acquired the patent rights to a process for removing sulfuric acid from gases from Bayer AG. Financial terms of the technology buy were not announced. Jacobs Engineering said it acquired the BAYQUIK quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG, in a deal that includes all relevant Bayer technical, commercial and market information, plus transition services.

Patents 133
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UC San Diego Nobel Laureate Roger Tsien Dies at 64

Xconomy

Roger Tsien, a UC San Diego scientist who shared the 2008 Nobel Prize in chemistry for research that led to the development of fluorescent proteins used to illuminate tissue and track biological processes, has died, according to a statement from the university. Tsien died on August 24 while bike-riding in Eugene, Oregon, a UCSD Health spokesman confirmed late Wednesday.

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6 Value Priorities That Attract All Serious Investors

Startup Professionals Musings

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. They become frustrated with investors, senior executives, and even customers who don’t seem to “get it,” with the result that everyone loses.

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Qualcomm Wins Pharmaceuticals Firm

socalTECH

San Diego-based Qualcomm says that its technology has been adopted by pharmaceuticals developer Boehringer Ingelheim Pharmaceuticals , as part of an inhaler for patients with chronic obstructive pulmonary disease (COPD). According to Qualcomm, it is working to develop a connectivity product for Boehringer's RESPIMAT inhaler, which collects information and transmits that wirelessly to health care providers.

San Diego 124
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The Trade Desk Snags Marketing Chief From eBay

socalTECH

Ventura-based The Trade Desk , which develops an advertising technology platform, says it has appointed Mark Kirschner as its new Chief Marketing Officer. Kirschner was most recently CMO of eBay Enterprise, and also previousl y has been CMO of Rakuten. He also has served at Scholastic Internet Group, MTV, Paramount Interactive and NEC Technologies. Kirschner will be based out of The Trade Desk's New York offices.

Paramount 124
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ReVision Optics Commercially Launches Vision Correction Products To Market

socalTECH

Lake Forest-based ReVision Optics , which develops implantable, corneal inlay technology used for vision correction, says it has commercially launched its Raindrop Near Vision Inlay within the U.S. The company said it treated its first patients in Houston and San Antonio, Texas, and in Bloomington, Minnesota on Tuesday. The first use of its corneal inlays were at sites which had previously been part of its clinical trials efforts.

Product 124