Tue.Sep 19, 2017

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Venice’s System1 Raises $270 Million

L.A. Business Journal

Venice advertising technology firm System1 announced on Monday that it had completed a $270 million financing round led by New York-based Court Square Capital Partners.

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Triton Digital Wins New Customer

socalTECH

Los Angeles-based Triton Digital , the provider of audio advertising technology, reported a win today with Neuhoff Communications. According to Triton Digital, Neuhoff has selected the company's enterprise podast management solution, to capture, edit, and distribute content to its audience. Financial impact of the win was not announced. Nehoff Communications is the operator of 22 radio stations and related websites across central Illinois and Indiana.

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Silicon Beach Report Sept. 19: Snapchat Has Bigger Share of New Users in U.S., but Instagram Is Closing the Gap

L.A. Business Journal

Snapchat has bigger share of new users in U.S., but Instagram is closing the gap, SpaceX files paper for ‘Starlink’ constellation and Herb Scannell tapped as CEO of Mitu.

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mitu Snags Former Nickelodeon Head As CEO

socalTECH

Los Angeles-based mitu , which is developing a digital media brand specifically focused on Latino millennials, has snagged Herb Scannell, the former President of Nickelodeon, as its new CEO. Scannell was also previously co-founder and CEO of Next New Networks (sold to YouTube in 2011) and was President of BBC Worldwide North America. Beatriz Acevedo, Founder and President of mitu, has shifted into a role where she will lead all content, production, talent development and social impact efforts, a

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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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On CAR-T’s Edge, Seattle Researchers Plot to Bypass Novartis Therapy

Xconomy

It’s not a stretch to say that Greta Oberhofer is alive thanks to the genetically modified cell therapy called CAR-T. At three and a half months old, she was diagnosed with acute lymphoblastic leukemia, or ALL, an aggressive blood cancer. At 10 months old, she had a bone marrow transplant, which required chemotherapy. She had a bad reaction: Her kidney and liver shut down, and fluid built up in her heart and lungs.

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How Fair, Scott Painter's New Startup, Is Creating A New Model For Car Ownership

socalTECH

Can getting a car be as easy as opening up an app, scanning your driver's license, and inputting your credit card? Fair (www.fair.com), the latest startup by serial entrepreneur Scott Painter , does just that, letting users shop for a car, get approved, and pay for a car through a month-to-month payment--with no long term committment. Painter, who was previously CEO and founder of TrueCar, and has a long history in the automotive purchasing and financing industry, sat down with us to discuss Fai

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Edmunds Jumps On AR Bandwagon

socalTECH

Santa Monica-based car information and shopping site Edmunds has jumped on the augmented reality (AR) bandwagon today, saying it is launching a new AR feature for its iPhone app, which will help shoppers see what a vehicle will look like--and if it will fit--anywhere they might want to park it. Edmunds said its AR feature will let users see how different vehicles might fit in their garages, parking spaces and driveways.

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NVCA Sues Trump Administration for Delaying “Startup Visa” Program

Xconomy

Add another item to the list of tech industry beefs with the new crew in the White House. An organization representing venture capital firms filed a federal suit in Washington, DC, on Tuesday accusing Trump Administration officials of unlawfully delaying a program that would have allowed international entrepreneurs to work at companies they founded within the United States.

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PhotoSpring Adds Videos To Photo Frames

socalTECH

Los Angeles-based PhotoSpring , a startup developing "next-generation" digital photo frames, says it has rolled out a Wi-Fi connected, photo frame which automatically selects your photos and videos, and plays them through a digital photo frame. According to PhotoSpring, it has created a new digital photo frame which integrates with apps on the iPhone, Android, Mac, and Windows, which automatically selects photos and videos for that photo frame without user intervention.

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Why the Former President of Nickelodeon Joined mitú as CEO.

Both Sides of the Table

Why the Former President of Nickelodeon Joined mitú as CEO. (Hint: 60 million US Latinos driving US growth engine) I am beyond excited to announce the Herb Scannell has agreed to move from NYC to Los Angeles to take on the role of CEO at mitú, the fast growing Latino digital media company, serving more than 100 million monthly unique viewers. Herb is a Puerto-Rican American media executive who was previously the President of Nickelodeon.

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Tourmaline Labs Raises Funding, Names New CEO

socalTECH

San Diego-based Tourmaline Labs , a startup developing location-aware smartphone software for mobile apps hsa raised a round of funding, and appointed a new CEO. According to Torumaline Labs, it has received an investment from ClearVision Equity Partners, and appointed Marc Brungger as its new CEO. Size and details of the funding were not announced.

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Zefr Taps Former Fox Networks Exec As President

socalTECH

Venice Beach-based Zefr , which provides contextual targeting software for brands advertising on YouTube, has named former Fox Networks executive Toby Byrne as the company's new President, the company said this morning. Byrne was previously President of Advertising Sales for Fox Networks Group, where he had been for nearly 21 years, according to Zefr.

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Swagbucks Hits $200M In Cash Back, Gift Cards To Members

socalTECH

El Segundo-based online rewards site Swagbucks --which is owned by Prodege, the company run by Chuck Davis, the former CEO of Fandango and Shopzilla--said today that it has now paid out more than $200M in cash and gift cards to its members. The site provides reward points to consumers for shopping, searching the web, sharing their opinions, playing games, and more.