Top News

  • Friday, May 29, 2015

    Snapchat At Funding Trough Again, Raising $650M

    Venice-based Snapchat has raised $537.6M more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory filing, the latest funding round had its first funds committed in February, and so far has 35 investors....Continue →

  • Friday, May 29, 2015

    Qualcomm Selects Startups For Robotics Accelerator

    San Diego-based Qualcomm has announced the ten companies that are part of its first Qualcomm Robotics Accelerator, which is being held in San Diego and just started this week. Qualcomm said it selected Carbon Robotics, Cleverpet, Ctrl Works, Inova Drone, Reach Robotics, Skyfront, Sky Robotics, Skysense, Solenica, and Rational Robotics for the program....Continue →

  • Friday, May 29, 2015

    TigerText Signs Chicago Customer

    Santa Monica-based secure messaging app developer TigerText, which provides secured text messaging for the enterprise and healthcare markets, has signed up a customer in Chicago. TigerText said that Chicago Cardiology Institute (CCI), which treats cardiovascular disease in Illinois, has deployed the company's secure messaging products as part of a HIPAA compliance effort. Financial impact of the win was not announced....Continue →

  • Friday, May 29, 2015

    OpenX Wins Patch

    Los Angeles-based programmatic advertising marketplace and technology developer OpenX has signed on local news site Patch as a customer, saying it has been named the exclusive provider of ad serving and monetization for Patch. OpenX said that Patch will use its programmatic technology platform across its properties, which reach over 17.4 million unique visitors.Continue →

  • Thursday, May 28, 2015

    GumGum Gets $26M In New Funding

    Santa Monica-based GumGum, the online image-based advertising startup led by Ophir Tanz, has raised a big, $26.0M round this morning, from Morgan Stanley Expansion Capital, along with NEA, Upfrot Ventures, First Round Capital, and the company's other exiting ivnestors. According to the firm, the funding will go towards expansion into international markets, to strengthen its R&D, and continue development of its products....Continue →

  • Thursday, May 28, 2015

    Broadcom Acquired By Avago For $37 Billion

    Irvine-based semiconductor maker Broadcom and Singapore-based Avago Technologies said this morning that Broadcom has agreed to be acquired by Avago in a deal worth $37 billion. Avago will pay both cash and stock for Broadcom. The two companies said the acquisition will create a company worth $77 billion in enterprise value and with $15 billion in combined annual revenues. The new, combined company will be renamed Broadcom Limited....Continue →

  • Thursday, May 28, 2015

    Amazon Makes Prime Same Day Delivery Free In Los Angeles

    E-commerce giant is expanding free, same day delivery in Los Angeles, to members of its Prime service, as part of a broader expansion if its same day delivery services. According to Amazon, it is now offering up free, same day delivery to customers in New York, Los Angeles, Chicago, Dallas, San Francisco, and other cities, removing what had previously been an added fee service. Amazon....Continue →

  • Thursday, May 28, 2015

    HelloTech: On Demand, In-Home Tech Support Via College Students Near You

    Almost everyone of a technical bent in the technology industry is familiar with that old routine: your parents, your friends, and your neighbors inevitably calls you for free technical support. However, almost no one really wants to be that technical support person. Los Angeles-based HelloTech ( wants to be the service that you refer all of your friends and family to, instead--by offering up low cost, on-demand, in-home technical support....Continue →

  • Thursday, May 28, 2015

    Source Intelligence Gets Credit Facility

    Carlsbad-based Source Intelligence>, a developer of platform for supply chain compliance efforts, has received a credit facility from Silicon Valley Bank, the company said this morning. Size and terms of the facility were not announced. Source Intelligence said the new funds will go towards accelerating growth of its supply chain compliance products and cloud platform. Source Intelligence is led by Jess Kraus....Continue →

  • Thursday, May 28, 2015

    Kareo Names Chief People Officer

    Irvine-based Kareo said Wednesday that it has hired on Pam Perry as the company's new Chief People Offier. Perry was most recently Vice President of Human Resources at Appriss, and also has served at Internet Technology Corp, CB Richard Ellis, Inc., Caremark LTD, and Pharmacia, Inc. Kareo is a developer of cloud-based, medical office management software, and is led by Dan Rodrigues....Continue →

  • Thursday, May 28, 2015

    Broadcom Gets Win In South Korea

    Irvine-based semiconductor developer Broadcom said this morning that it has scored a design win in South Korea. According to Broadcom, KT Skylife, which is a satellite broadcast provider in South Korea, is deploying an Ultra HD set-top box build on one of its chips. Broadcom said the set-top-box offers up 4K/Ultra HD satellite video, and is based on its BCM7376 chip. Volumes and financial impact of the design win were not announced.Continue →

  • Wednesday, May 27, 2015

    Mylife Recasts Itself As Personal Privacy Service

    Los Angeles-based MyLife has recast itself as a provider of personal privacy services, launching a new home page and service Wednesday focused on offering up information on everyone and anyone. MyLife said it has created a new home page, and ability for anyone to run a search on anyone's reputation and reviews, letting anyone provide ratings and reviews of anyone else--either in their real name, or anonymously....Continue →

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