Top News

  • Wednesday, July 1, 2015

    NantHealth Raises $200M From Allscripts

    Los Angeles-based NantHealth, one of the life sciences companies that is part of billionaire Patrick Soon-Shiong's NantWorks, has scored $200M in an investment from Allscripts, the two said Tuesday. According to the two companies, the investment gives Allscripts a 10 percent stake in Nanthealth. The two also said that NantCapital, the personal investment fund of Dr. Patrick Soon-Shiong, has made a $100M investment into Allscripts....Continue →

     
  • Wednesday, July 1, 2015

    DJO Global Buys Product Line From Zimmer Biomet

    San Diego-based DJO Global, a developer and manufacturer of medical products for the orthopedics area, said this week that it has acquired a number of assets from Zimmer Biomet Holdings. Financial details of the deal were not announced. The acquisition was made via DJO Global subsidiary Encore Medical L.P. DJO Global makes a wide range of medical products, including knee braces and other orthopedic devices.Continue →

     
  • Wednesday, July 1, 2015

    Classy Captures $18M For Nonprofit Software

    San Diego-based Classy, which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. The funding came from Mithril Capital Management and Salesforce Ventures. Classy was founded in 2006 as StayClassy, and also counts Bullpen Capital and Venture51 as backers....Continue →

     
  • Wednesday, July 1, 2015

    ParkMe Links Into Apple Pay

    Los Angeles-based parking app developer ParkMe said this week that it has released an update to its app software, and added Apple Pay as a form of payment for parking. ParkMe--which helps users find parking spots, and also lets users pay for parking at parking garages and paid parking lots--said the updated app supports Apple Pay on the iPhone 6, iPad Air 2, and iPad mini 3. ParkMe says it now has a database over over 81,000 parking locations....Continue →

     
  • Tuesday, June 30, 2015

    HomeHero Gets $23M For Senior Home Care Marketplace

    Santa Monica-based HomeHero, a new startup providing an online marketplace for in-home, senior care services, said Tuesday afternoon that it has raised $20M in a Series A funding round. The funding came from Graham Holding Company, along with Social+Capital Partnership, Tencent Holdings Limited and The Launch Fund. The funding comes on top of an earlier, $3M seed round for the company last year from SocialCapital. HomeHero is led by Kyle Hill....Continue →

     
  • Tuesday, June 30, 2015

    Chrome River Finds $100M In Funding

    Los Angeles-based enterprise software maker Chrome River, which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding came from Great Hill Partners. Chrome River said it will use the funding to accelerate global growth and support product innovation....Continue →

     
  • Tuesday, June 30, 2015

    Nativo Raises $20M For Native Advertising

    Los Angeles-based Nativo the native advertising technology developer led by Justin Choi, said Tuesday morning that it has raised $20M in a Series B funding round. The funding was led by Advance Vixeid Partners (AVP), and also included RezVen Partners and the company's other existing investors. Nativo said it will use the new funding to scale its operations. The funding now brings its total raised to $31.2M....Continue →

     
  • Tuesday, June 30, 2015

    Inari Medical Finds $12.4M

    Irvine-based medical device developer Inari Medical has raised $12.4M in a Series B funding, the company announced this morning, for its efforts to develop medical devices for the vascular thrombus and emboli. The funding came from Versant Ventures and US Venture Partners, both of which are existing investors in the company. Inari also said tun-named, medical device industry veterans also joined in the round. Inari Medical is led by Bill Hoffman.Continue →

     
  • Tuesday, June 30, 2015

    Quarterly Gets Funding From Science

    Los Angeles-based subscription box service Quarterly, which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc.. Size of the investment was not disclosed. The two said they will also partner to leverage Science's growth engine and business strategy expertise, as well as tap into Science's network of influencers....Continue →

     
  • Tuesday, June 30, 2015

    Semtech Sees First Low Power Networking Chip Deployment

    Camarillo-based Semtech said today that it has seen its first deployment of its low power, wide area networking chipsets in North America, via network-as-a-service provider Senet. According to Semtech, Senet has deployed 50 towers with a network coverage of more than 15,000 square miles, using Semtech's LoRa technology, for an Internet-of-Things application. Semtech's technology is initially being used by a utility delivering propane and heating fuel....Continue →

     
  • Tuesday, June 30, 2015

    Linksys Ships New High Gain Wi-Fi Antennas

    Irvine-based Linksys, the unit of Belkin which develops home and business networking equipment, said today that it has launched a new, high gain antenna for Wi-Fi networks. The company said its new, dual-band, omni-directional antennas help provide roughly 2 times the performance over stock antennas on most wireless routers. The new antennas--which provider 4dBi gain in 2.4Ghz and 7dBi in 5Ghz--are aimed at use at the edge of Wi-Fi networks, and simply replace a router's existing RP-SMA antenna....Continue →

     
  • Tuesday, June 30, 2015

    AnaptysBio Names Board Members

    San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it hass named two new board members. AnaptysBio said it added Hollings Renton--the former CEO and president of Onyx Pharmaceuticals-- and John Schmid--former CFO of Auspex Pharmaceuticals--to add strategic plannning and corporate finance exertise to the company's board....Continue →

     
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