TOP NEWS

KidGuard Launches Texting, Social, Cell Phone Monitoring Product For Parents

Los Angeles-based KidGuard.com, a startup backed by Lawrence Ng's OnRamp Fund, said this week that it has launched a new product which can help parents monitor their children's texting and cell phone usage. KidGuard....Continue →


Procore Raises $50M More For Cloud Software

Carpinteria-based construction software developer Procore, which is led by Tooey Cortemanche, announced late Thursday that it has raised $50M in a new funding, led by ICONIQ Capital. According to Procore, the new funds will go towards expanding and extending its construction technology platform. The company's cloud-based construction software is used to manage construction projects....Continue →


Honest Company Signs On To White House Effort On Equal Pay

Los Angeles-based Honest Company is one of 44 companies who are backing an effort this week by the current White House, to bolster equal pay efforts in the United States. The Honest Company joined such companies as Adobe, AT&T, Autodesk, eBay, Edison International, Estee Lauder, InterContinental Hotels Group, New Belgium Brewing, and many others in signing the pledge....Continue →


LA Investors Back Waggle For More Pet Videos

Waggle, a new media company which publishes pet and animal content on its own website, Facebook, and other channels, said Wednesday thatit has raised $2.3M in a seed funding--which included a number of Los Angeles investors, including Lowercase Capital, the United Talent Agency, and Allen Debevoise. Raine Ventures, which led the round, also has a presence in Los Angeles. The funding round also included Brooklyn Bridge Ventures, Broadway Video Ventures, Ore Ventures, and angels....Continue →


Crossover Health Gets $92M Investment

Aliso Viejo-based Crossover Health, a developer of employee health care centers, has raised $92M in a funding round from Gurnet Point Cpaital, the two said on Wednesday. Crossover Health develops on-site and near-site health centers for employers, to help address employer health are costs. The company said it currently provides health for approximately 50,000 employees of companies around the country....Continue →


DTS Buys All In Media

Calabasas-based audio technology developer DTS--which is now owned by Tessera Holding Corporation--said this morning that it has acquired All In Media, a developer of smartphone apps and broadcast systems for the radio industry. Financial details of the acquisition were not announced....Continue →


Honest Company Cuts 80 Employees

Los Angeles-based Honest Company, the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees--or nearly 14% of the company--in what the company has billed as a "growth positioning". The report was first detailed by WWD. The report said cuts include its CFO and COO, David Parker, and co-founder Sean Kane, as well as a significant number of call center positions in Texas....Continue →


AeroVironment Applies UAV To Study Water Stress In Almonds

Monrovia, California-based unmanned aerial vehicle maker AeroVironment is ramping up its efforts in developing more commercial applications for its drones, saying it has launched a new effort with California State University, Fresno on identifying water stress in almond production using its UAVs....Continue →


AxonVR Gets $5.8M For Virtual Reality Haptics

San Luis Obispo- and Seattle-based AxonVR announced today that it has raised $5.8M in a seed funding round, for its development of realistic touch (haptic) technology for use in virtual and augmented reality. The company said the round was led by Chinese company NetEase, and also included Dawn Patrol Ventures and former Twitter CEO Dick Costolo, along with The Virtual Reality Company, Jon Snoddy (Walt Disney Imagineering), Keeler Investment Group, and Paul Matthaeus (Digital Kitchen)....Continue →


MomentFeed Adds New Customer Tracking Tools

Santa Monica-based MomentFeed, the developer of mobile customer analytics tools, says that it has launched a new, online-to-offline customer journey tracking tool in the latest version of its platform. The company said that MomentFeed 3.3 makes it easier for its multi-location brand customers to track "online-to-offline journeys" and calculate the ROI of their mobile marketing efforts. The company said its tools are being used by such brands as Jamba Juice, Avis, and Starbucks....Continue →


Pokemon Go To Make Every Sprint Store A PokeStop, Gym

Wireless phone service operator Sprint and Pokemon Go developer Niantic announced this morning in a press conference, that the two have inked a deal where every Sprint store--as well as RadioShack and BOOST stores run by Sprint---will become a PokeStop and Gym. Financial details of the deal were not announced. The two said that more than 10,500 stores will be included in the deal....Continue →


How Beatshare Is Tackling Music And Messaging

There are lots of music and messaging apps out there, but is there room for an app which makes music the message? Orange County startup Beatshare--backed by the Tech Coast Angels, Pasadena Angels, Harvard Business School Angels, and Archangels, among others—thinks it's figured out the formula to make music the message in its mobile app....Continue →



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