socalTECH
MARCH 16, 2016
Santa Monica-based Ring , the developer of the smartphone connected, video doorbell of the same name, has raised $61.2M in a big, Series C funding round this morning. The startup, led by Jamie Siminoff, said that the new funding round came from Kleiner Perkins Caufield & Byers and Sir Richard Branson. As part of the big funding round, Ring also said it has announced a new product, the Ring Video Doorbell Pro.
InfoChachkie
MARCH 16, 2016
A version of this article previously appeared Forbes. Car companies spend a significant amount of money on superficial design features, including the timbre of the sound emitted when a car door is shut. Why? Because many consumers value design features over those which impact performance. Even less time is spent on developing the aspects of a car that become evident long after the purchase is completed.
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socalTECH
MARCH 16, 2016
Los Angeles-based FloQast , a new software startup developing month-end closing software for accountants, has raised $6.5M in a Series A funding, the company said today. The funding was co-led by Polaris Partners and Toba Capital, and also included Amplify.LA, Wavemaker Partners, and Danmar Capital. Gary Swart of Polaris joins the company's board as part of the funding.
Startup Professionals Musings
MARCH 16, 2016
Whether you are talking to peers, competitors or investors, you as an active entrepreneur will be judged on your familiarity with today’s startup and funding jargon. I’m not recommending that you saturate your discussions with lingo, but responding with a blank stare once-too-often won’t convince anyone that you can build the next world-changing business or outpace the market.
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.
socalTECH
MARCH 16, 2016
Los Angeles-based Fandango , the online movie ticketing and information services, said Tuesday that it will launch its own, premium on-demand video service, FandangoNOW , on March 30th. The company said the new service will offer up both new and catalog movies from all of the major studios, along with TV shows, for purchase or rental. The new service comes thanks to the company's acquisition of M-GO , the on-demand movie service which was backed by Technicolor and DreamWorks Animation, back in J
socalTECH
MARCH 16, 2016
Los Angeles-based investor Black Diamond Ventures said today that it has named John Kispert as a Managing Partner at the company. Kispert was most recently CEO of Spansion, and also served at KLA-Tencor and IBM, and also sits on the boards of Cypress Semiconductors, Gigamon Inc., Extreme Networks, TriNet and Tela Innovations. Black Diamond's portfolio includes Avinger, Liquidspace, NEI, Obalon, and Tela Innovations, as well as embattled biotech Theranos.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MARCH 16, 2016
El Segundo-based Navitas Semiconductor announced the launch of its first product this morning, a new Gallium Nitride (GaN) power IC, aimed at the power electronics market. According to Navitas, its new GaN power FETs are aimed at use in such devies as smartphone and laptop chargers, OLED TVs, LED lighting, solar inverters, wireless charging devices and datacenters.
socalTECH
MARCH 16, 2016
Newport Beach-based ImmunogenX , which develops treatments for the diagnosis and treatment of autoimmune and gastrointestinal diseases like celiac disease, said late Tuesday that it has acquired the assets of Alvine Pharmaceuticals. Financial terms of the acquisition were not announced by the company. ImmunogenX said it acquired the non-cash assets of Alvine Pharmaceutiacls, including Latiglutenase, a candidate for treating celiac disease.
socalTECH
MARCH 16, 2016
Los Angeles-based content delivery network provider Verizon Digital Media Services --which is better known to locals as the former operations of EdgeCast--said it has agreed to acquire Volicon , a provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. Financial terms of the acquisition were not disclosed.
socalTECH
MARCH 16, 2016
Tesla Motors is getting set to launch its newest model--the mass market, Model 3--at an event on March 31st in Los Angeles, in what is expected to be watershed moment for the electric car company. Tesla's new Model 3 is the first, mass market electric vehicle from Tesla, which until now has been only providing high end, luxury vehicles to the market.
socalTECH
MARCH 16, 2016
Santa Monica-based Ring , the developer of the smartphone connected, video doorbell of the same name, has raised $61.2M in a big, Series C funding round this morning. The startup, led by Jamie Siminoff, said that the new funding round came from Kleiner Perkins Caufield & Byers and Sir Richard Branson. As part of the big funding round, Ring also said it has announced a new product, the Ring Video Doorbell Pro.
socalTECH
MARCH 16, 2016
Los Angeles-based mobile game studio SGN has launched a brand new game, Genies & Gems , across iOS, Android, and Facebook, the latest in a series of puzzle games from the studio. According to SGN, the new game will include 20 new levels released every week, and can "recover lost relics, collect gold bars" and find "enchanted keys". SGN has a number of other popular titles, including Cookie Jam, Panda Pop, Juice Jam and Fox's Book of Life: Sugar Smash.
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