Tue.Oct 17, 2017

Interview with Jon Ferrara on Nimble, The Microsoft Accelerator, And The Cloud

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Jon Ferrara was co-founder of Goldmine software, a huge customer relationship management (CRM) provider which he built into a $100M business in the PC age, and is now working on doing the same thing in the age of the cloud, with another CRM startup, Nimble (www.nimble.com). Most recently, Nimble was accepted into Microsoft's Accelerator, aimed at taking companies and scaling them through Microsoft relationships.

Silicon Beach Report Oct. 17: Social Reality’s Stock Price Jumps 70 Percent After Initial Coin Offering Announcement

L.A. Business Journal

Social Reality’s stock price spiked more than 70 percent to close at $4.90 a share Tuesday after the marketing software developer announced an initial coin offering

Trending Sources

After Trump Sounds Off, Senate Has Adult Conversation on Drug Prices

Xconomy

In advance of an anticipated Senate hearing on drug prices, President Donald Trump once again denounced drug companies as “getting away with murder.” ” The first time he did so, using the same phrase just before his inauguration , the markets shuddered.

Social Reality’s Stock Price Jumps 70 Percent After Initial Coin Offering Announcement

L.A. Business Journal

Social Reality’s stock price spiked more than 70 percent to close at $4.90 a share Tuesday after the marketing software developer announced an initial coin offering

More Trending

QLess: 100 Million People Served

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Pasadena-based QLess , which develops technology that helps people avoid waiting in line, said today that it has now saved more than 100 million people from standing in lines at government offices, hospitals, universities and retail stores. The company, which is led by CEO Dr. Alex Backer, develops software which creates a "virtual queue" and lets people know via an app, phone call, text message, or on-site kiosk that it's their turn for appointments and service.

Pluto TV Gets $5M More

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Los Angeles-based Pluto TV , which operates an online, Internet television service, said today that it has raised $5M more in a funding round. The funding ame from Samsung Venture Investment Corporation. Pluto says it has now raised $8.3M in total. Pluto TV is led by CEO Tom Ryan. The company--which offers up themed collections of "channels" of television content through its website and app--said the funding will go towards expanding its product, content, and marketing efforts. READ MORE>>.

Social Reality Looks For A Buyer For SRAXmd

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Los Angeles-based advertising technology developer Social Reality said this morning that it has engaged financial advisors to pursue "strategic alternatives" to its SRAXmd healthcare business. Social Reality said it is considering spinning off the business into its own public company, strategic acquisitions or a variety of other possible transactions. SRAXmd provides digital and mobile advertising services to the healthcare and pharmaceuticals market.

Ankona Capital Joins New Pack Of LA Venture Investors

socalTECH

A new, venture capital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at Anthem Venture Partners--apparently are aiming at early growth capital investment in software companies. The new firm joins an increasingly long list of new venture capital investment funds in the region, which have almost rivaled the number of startups across Southern California.

Illumina Ventures Raises $230M Venture Capital Fund

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Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health. The fund launched in summer of 2016 with $100M from Illumina.

SeatAdvisor Acquired By Patron Technology

socalTECH

San Diego-based SeatAdvisor , a developer of ticketing and venue management software, has been acquired by Patron Technology , a ticketing and event software developer. Financial terms of the acquisition were not announced. Patron Technology is owned by private equity investor Providence Strategic Growth (PSG). SeatAdvisor was founded in 1999, and was led by co-founder and CEO Brent Miller. READ MORE>>. seatadvisor patron technology ticketing venue management software merger acquisition tickets

Beyond Meat Adds Leonardo DiCaprio As Investor

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Los Angeles-based Beyond Meat , the maker of plant-based, protein products which look and taste like hamburger--but are not--has added actor Leonardo DiCaprio as an investor in the company. Beyond Meat, which has its headquarters in El Segundo, did not announce how much DiCaprio invested in the company. In recent years, DiCaprio has become a big environmental crusader, recently documenting the major issues--and some possible solutions--to climate change in the film Before The Flood.