socalTECH
APRIL 6, 2016
Los Angeles- and Sydney, Australia-based Clapit , a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and Paul Siderovski. Clapit, which says it is based in Sydney and has its U.S. operations in Los Angeles, says it has created a social media app which crowdsources video, music, images, and rich media.
Eric Greenspan
APRIL 6, 2016
Today, I was asked to join the insightly Hero™ program. I was proud to be asked, but I’m really more focused on how this can help my business and more importantly, how it can help our customers. As an insightly Hero™, I now have access to more information and resources to help our clients get more from their insightly deployments. I also get to be a source of answers for the rest of the world, as I will now be one of the distinguished Heroes helping insightly moderate and answer questions
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socalTECH
APRIL 6, 2016
Santa Barbara-based container software technology developer Anchore , which was founded by veterans of Ansible, has raised $2.5M in a funding round, the company disclosed today. The funding came from Menlo Ventures and e-ventures. Anchore is led by Said Ziouani, who was co-founder and CEO of AnsibleWorks, and also served at Eucalyptus Corp. Ansible was acquired by Red Hat for $150M in October of 2015.
Jason Nazar
APRIL 6, 2016
Most people want to know if they’re being paid fairly or if they should be commanding higher pay, but don’t know how to find out. Nazar’s new company, Comparably, is launching Thursday to bring transparency to not only pay, but also culture in the workplace. Read at Business Insider.
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
APRIL 6, 2016
Verizon said Wednesday that it will acquire a 24.5 percent stake in Los Angeles-based AwesomenessTV , paying approximately $159M in an equity stake which values AwesomenessTV at approximately $650M. Dreamworks Animation will continue to hold a 51%, majority stake in AwesomenessTV. As part of the deal, Verizon said it will enter into an agreement with AwesomenessTV to create a premium short-form mobile video service, which it will make part of its go90 offering.
Startup Professionals Musings
APRIL 6, 2016
If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. According to many experts , over 90 percent of successful businesses currently start this way.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
APRIL 6, 2016
San Diego-based Sorrento Therapeutics said today that it has named Kevin M. Herde as its new Executive Vice President and Chief Financial Officer. Herde was previously Vice President of Global Blood Screening and Alliance Management for Hologic, and also served at Gen-Probe, Gateway, and KPMG. Sorrento Therapeutics is a biopharmaceuticals firm developing treatments for cancer, inflammation and autoimmune diseases.
socalTECH
APRIL 6, 2016
San Diego-based Qualcomm said today that it has entered into a patent licensing deal with Chinese company Zhuhai Ewpe Information Technology Inc. According to Qualcomm, the 3G and 4G Chinese patent license gives EWPE a royalty-bearing patent license to develop, manufacture and sell 3G WCDMA and CDMA2000 and 4G LTE subscriber units for use in China. Financial details of that license were not announced.
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