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Santa Monica-based GumGum , the developer of computer vision and artificial intelligence software focused on the advertising industry, has jumped into the online publishing business, saying it has started a new online publication call The Visionary.
La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company.
Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., the two said this morning. Financial terms of the acquisition were not announced.
Irvine-based aesthetic medical device developer Syneron Medical announced late Monday evening that it has become a private company, in a $400M go-private deal with Apax Partners. According to Syneron Medical, funds advised by Apax Partners paid $11.00 per share in cash for the company. The deal had originally announced on April 3rd.
Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners.
West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry.
Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April.
Los Angeles-based TeleSign , which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS , in a deal worth $230M in cash plus unspecified earnout. BICS said that TeleSign has annual revenues of around $100M.
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media.
Los Angeles-based Famous Birthdays , which operates an online service which lets you look up the birthdays of famous people, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office.
The socalTECH 50 is aimed at identifying and highlighting the top 50 people in the technology industry here, who are most likely to create the next big thing, produce the next big exit, or influence the industry in a significant way. Congratulations to our third class of the socalTECH 50! Harrison Tang , Spokeo. Brian Thomas , Clutter.
Santa Monica-based health and fitness company Beachbody says it has named Bryan Muehlberger as the company's new Chief Information Officer. Muehlberger joins the company from Red Bull North America, where he was Chief Information Officer and Vice President of Information Technology.
Disclaimer: Terpin has been a frequent contributor to socalTECH). A crypto scammer--who stole $22M from blockchain advisor Michael Terpin--is now facing up to 18 months in prison for his role in a 2018 SIM-swapping incident. Terpin is a longtime backer of Bitcoin and cryptocurrency.
Learn more at: [link] Use promo code SOCALTECH for a 20% discount. Attendees will enjoy plenty of networking time during breakfast, lunch, coffee cart breaks, and cocktails on the patio. Join us on November 9th at the Culver City Hilton to learn from industry leaders in the SaaS and subscription ecosystem.
It's the age of smartphones and mobile data, where there are now apps gathering an immense amount of information about where we are, what stores we visit, and what we are doing. How do you make sense of all that data and actually help it to drive business decisions?
The insurance industry today is one of the last industries to fully jump into adopting technology for offering up their products, says Wayne Slavin , CEO and founder of SURE (www.sureapp.com), and just needs some help in getting there.
In a world where more and more drivers are moving to electric vehicles, where is EV charging today? To better understand exactly where EV technology is today, we caught up with Caradoc Ehrenhalt , the CEO and founder of a Los Angeles startup, EV Safe Charge (www.evsafecharge.com), to chat a bit about his view of where EV charging technology today.
Los Angeles-based HelloTech , the on-demand, tech support company co-founded by Richard Wolpert, announced this morning that it has named Ted Hong as President of the company. Hong was previously co-founder of Dropoff, an Austin, Texas startup providing same day delivery for businesses. Prior to that, he was Chief Marketing Officer at Fandango.
Anyone who hires anyone, or has ever looked for a jobs knows how important a resume is. However, in the technical arena--as a programmer, developer, or software engineer--it's hard to tell from a resume how good you really are. Plus, it's often difficult to find that technical talent, which might not be looking for a job.
Pasadena has a long history as a center of the technology and innovation world�all the way back to first American experiments with rocket launches in 1936�Southern California's first foray into the rocket business (sorry, SpaceX)--through the Internet boom with Idealab, to today.
Thousand Oaks-based California Lutheran University and its School of Management said on Monday that it has named both an Executive-In-Residence and Entrepreneur-In-Residence to the school.
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs.
Los Angeles-based Acquicent , the startup which is developing a marketplace that allows users to invest in "museum-grade" collectibles such as art and vintage automobiles, is announcing this morning that it has added Kevin Conroy, CEO of ConroyMedia and former director of Sotheby's, as both an advisor and ivnestor.
Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles.
California Lutheran University (CLU) is receiving a big, $6M donation from former Hughes Electronics Vice Chairman Steve Dorfman, for a new building for the school's School of Management, the school announced this morning.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry.
By now you know some of the sales people that won’t be with you next year. But, which of your A-Players are planning to leave after they get their bonus? This post gives you some factors that may predict the.
Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.
For our interview this morning, we talked with David Wood , the Founder and CEO of Eventene (www.eventene.com), an early stage startup, bootstrapped startup developing event management software. David--a veteran of Microsoft, having been the lead developer of Microsoft Exchange--tells us why he started his company. What does Eventene do?
Google and its navigation app subsidiary, Waze , have just released incredibly detailed satellite maps of the disaster zone around Montecito, California, as part of efforts of Google's "Crisis Response" team.
In a bid to push LA into the high tech world of the Jetsons, Mayor Eric Garcetti said on Wednesday that he has kicked off an effort to make Los Angeles an "unmistakable leader on urban air mobility".
San Diego-based ClickUp , a startup which develops "remote work" software aimed at helping organizations collaborate on projects, has raised $35M in a Series A funding round. The funding was led by Craft Ventures, and also included Georgian Partners. As part of the funding, David Sacks has joined the board.
Santa Monica-based Inspire Energy Capital, a provider of renewable energy to the residential market, has been acquired by oil and gas giant Shell, the companies said Tuesday afternoon.
Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant.
Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software. According to EVgo, it paid $25M in an all-cash transaction for Recargo, including a $3M loan repayment.
Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. The company says it invests between $5M to $10M in early, growth-stage B2B software companies which are already generating $5M to $15M in recurring revenues.
Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team.
For today's interview, we sat down to catch up with Jon Waterman, the founder and CEO of Ad.net, to understand what the company's business is nowadays, how the company has evolved over the years, and how the company has adjusted to life during a pandemic. What is Ad.net?
Los Angeles-based Seed Health, which is focused on microbial sciences, says it has acquired Auggi, a digital health company which develops artificial intelligence and machine learning software to track and analyze digestive health. Financial details of the acquisition were not announced.
San Diego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total.
For today's interview, we spoke with Joe Bayen , the CEO and founder of Los Angeles-based Grow Credit (www.growcredit.com), which runs a fintech startup which allows you to pay your subscriptions through a free Mastercard, as a way to boost your credit score.
Are you a renter, tired of landlords always claiming damages and never returning your security deposit? San Diego-based Deposit Defender says it has launched a new app, which helps renters photo-document rental property inspections, in order to prevent future loss of their security deposits.
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