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Square 1 Bank

Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based
commercial bank with over $21 billion in assets. A full service financial
services partner to entrepreneurs and their investors, Square 1 provides
clients flexible resources and attentive service to help their companies
grow. Square 1 offers a broad range of venture debt, treasury and cash
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Friday, April 28, 2017

Mashable: Soylent Needs A Rebrand, Fast

Friday, April 28, 2017

Los Angeles-based Soylent, which is developing alternative nutrition products aimed at eliminating the need to eat normal food--and which is a favorite of techies and gamers--is in need of a rebrand, according to Mashable. The call for a rebrand comes as the company faces yet another recall on its products, this one a major safety recall involving accidental inclusion of whey in what should be a dairy-free product--a potentially life threatening issue for those allergic to dairy products. Soylent--which has the backing of such Silicon Valley heavyweights Andreessen Horowitz and Lerer Ventures--unfortunately named the company after the dystopian movie Soylent Green, featuring Charleston Heston, where the hero finds (to his horror) that the high tech, nutritional supplement of the future is actually made from people.

 
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Work Today Finds $1.1M For Labor Marketplace

Friday, April 28, 2017

Santa Monica-based Work Today, a startup that has launched an online, labor marketplace targeted at blue collar workers, has raised $1.1M in a seed funding round, the company is announcing this morning. The funding came from Mucker Capital, Social Capital, Hone Capital (formerly CSC Venture Capital), E-Merge, and GAN Ventures. Work Today is led by Joe Nigro, who previously had been at HomeHero and Handy. According to Work Today, it is emerging from beta mode with the announcement of the funding. Work Today helps blue collar workers find jobs in construction, demolition, and warehousing, along with other similar areas.

 
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Qualcomm Expects Hit In Earnings From Issues With Apple

Friday, April 28, 2017

San Diego-based Qualcomm says that Apple is continuing to "improperly interfere" with its business, saying that Apple has been withholding payments to its contract manufacturers for royalties those manufacturers owe to Qualcomm, and has indicated that it will continue to do so until it resolves its dispute with Qualcomm. As a result of that action, Qualcomm revised its Q3 FY17 Estimates down from an earlier $5.3 billion to $6.1 billion in revenues, to a new estimate of $4.8 billion to $5.6 billion in revenues.

 
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Epic Sciences Raises $40M In Series D Funding

Friday, April 28, 2017

San Diego-based Epic Sciences has raised $40M in a Series D funding, for its cancer testing technology, the company announced Friday morning. According to Epic Sciences, the funding was led by Hermed Capital, and also included Altos Capital Partners, Domain Associates, Genomic Health, Pagoda Investment, Reach Tone Limited, RMI Partners, Sabby Capital and VI Ventures. Epic sciences is developing blood-based tests which help predict drug response in cancer. The company said the fund will go to accelerate clinical studies and enhance its technology. Epic Sciences is led by President and CEO Murali Prahalad, Ph.D. The company has now raised $85.5M in total.

 
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More information » (Subscribers only)

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Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


Advertisement

Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


Advertisement

Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
Angeles-based​ executive search firm built for SoCal​'s
​emerging companies working on ~100 searches per year. Clients cross
over mobile, adtech, media, gaming, software, ecommerce, services, and
consumer products.​ We always want to meet great companies,
investors and executives, please reach out via
http://www.safirepartners.com.


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
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SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


Thursday, April 27, 2017

SpaceX Planning Launch, And Landing, On Sunday Morning

Thursday, April 27, 2017

Hawthorne, California-based rocket developer SpaceX said on Thursday afternoon that it is planning both a launch, and a landing, from and to Kennedy Space Center this Sunday, April 30th. To pace the NROL-76 mission into space. The mission--a classified mission for the United States National Reconaissance Office (NRO)--has a two hour launch window opening at 7:00 a.m. EDT. SpaceX warned local residents in Brevard, Orange, Osceola, Seminole, and Volusia counties that they may hear a sonic boom as it attempts to launch the first stage of the NROL-76 mission at Kennedy. SpaceX--which recently launched the first, re-used stage of one its Falcon 9 rockets back into space--is working on rapidly retrofitting returned rockets for relaunch into space.

 
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ChromaCode Finds $12M For Molecular Diagnostics Efforts

Thursday, April 27, 2017

Carlsbad-based ChromaCode, a developer of molecular diagnostics technology, announced on Thursday that it has raised $12M in a Series B funding round. The funding was led by New Enterprise Associates (NEA), and also included Domain Associates and Okapi Ventures. ChromaCode says its software and assay technology leverages existing real-time PCR instruments and uses digital signal processing to dramatically improve molecular analysis. Alex Dickson, Ph.D., former SVP of Strategic Initiatives at Illumina, has joined as Executive Chairman , and Justin Klein, M.D., a Partner at NEA, has joined the company's board, both as a result of the funding round.

 
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General Assembly Branches Out Into Coworking

Thursday, April 27, 2017

Los Angeles-based General Assembly, best known for its roster of classes on all aspects of startup and technology, is launching a new effort to let people rent coworking space at its facilities. General Assembly said, starting on May 1st, it will let members of LA's tech community pay for membership, getting access to a private desk with 24/7 access, as well as access to its campus lounges, conference rooms, open workspaces, communal tables, and kitchens. Pricing on that membership was not announced, but General Assembly said those memberships will be available starting at $300 a month.

 
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Luxe Valet Gets Out Of Door-To-Door Valet Service

Thursday, April 27, 2017

Luxe Valet, which started life as a door-to-door, valet parking service--launching into Los Angeles in 2014--has completely stopped offering its door-to-door valet service, and instead has shifted to fixed parking garages, across all of its markets. Luxe had quietly shut down its door-to-door service in Los Angeles in January. The company originally had dispatched "valets" wearing blue jackets riding mopeds to a users' location, retrieving their vehicles and later returning them on demand.

 
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Southern California Edison Tops Solar Power Installs

Thursday, April 27, 2017

If it seems like there are an awful lot of your neighbors with solar panels nowadays, you might be right. Southern California Edison (SCE), which serves a significant chunk of Southern California, says it has been ranked number one in the U.S. in terms of the amount of solar power connected to its grid. SCE said it connected 1,648 megawatts of solar energy to the grid last year, including both residential and commercial power, plus utility power-purchase-agreements (PPAs). The company said that is a 31 percent increase over the 1,258 megawatts connected in 2015. The rankings came from the Smart Electric Power Alliance. The number two ranking on the list was Pacific Gas & Electric.

 
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Chrome River Says It Books Record Sales Quarter

Thursday, April 27, 2017

Los Angeles-based Chrome River, which develops expense and invoice management software, said this morning that it had its largest first-quarter sales in the company's history. The privately held firm did not disclose any financial details of the quarter, only saying that it increased Q1, year-over-year new customer wins by 100%, adding such customers as Coca-Cola Hellenic Bottling Company and Canadian transportation company Bison Transport. It says it now has more than 600 customers. Chrome River shows up regularly on such growth rankings as the Deloitte Fast 500; the company also claimed record revenues for 2016 back in November of last year. The company is backed by Great Hill Partners, which invested $100M in the company in 2015.

 
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New Esri Map Shows How The Earth At Night Has Changed

Thursday, April 27, 2017

Redland-based geographical information systems (GIS) software developer Esri has released a new set of data using its ArcGIS software, which shows how the Earth has changed over the last four years, based on satellite images captured at night. Esri said its new map, Lights on Lights Out lets people compare where human beings have been moving based on where there are, or aren't, lights visible from the sky. The company explained that urbanization, economics and war have changed the satellite's view of the Earth at night, even just in the last four years.

 
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Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18

Clear your calendar - It's going down! The Preccelerator Program Demo Day
kicks off on May 18th @ 5:30pm, and you're invited to take part in the
festivities. SAM Preccelerator Program is our meeting spot to showcase the
Preccelerator's current class of all-star companies to investors and the
start-up community. Followed by keynote speaker Peter Csathy, founder of
Creatv Media and author of Media 2.0(17): An Insider's Guide to Today's
World of Digital Media & Where It's Going.

Register today!
https://demodaypetercsathy.splashthat.com/?gz=a5c30705f72de01e21c60aeed63d2d15&pp=1


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Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

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to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

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To receive a risk free 2 month trial of KeyCloud BRaaS, visit
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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)

Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law
firm with over 125 attorneys and 10 offices in the western US. The offices
are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco -
SOMA, San Francisco - Financial District, Sacramento, Reno, Denver,
Seattle. The Firm’s corporate, litigation and public law practices are
well known for their expertise and depth. Stradling's clients include
emerging and high growth public and private companies as well as private
equity funds, venture capital groups and their respective portfolio
companies. Widely recognized for its expertise, responsiveness and
outstanding client service, the Firm's size, structure, and culture allow
it to provide the highest quality representation while maintaining the
responsiveness and relationships commonly associated with smaller firms.


Advertisement

Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


Wednesday, April 26, 2017

Faraday Future Sued By Faraday Bicycles In Trademark Suit, Adding To Legal Woes

Wednesday, April 26, 2017

Los Angeles-based Faraday Future, which is developing high tech electric vehicles, has been sued by a manufacturer of electric bicycles, Faraday Bicycles, in a trademark lawsuit in the Ninth Circuit, California Northern District Court. Faraday Bicycles alleges that Faraday Future is infringing upon its trademark, which it obtained in October 2013, and cited the rejection of Faraday Future's application for its own trademark in 2016 where the U.S. Patent and Trademark Office said the company's name was likely to be confused with the bicycle brand. Faraday Bicycles is seeking an injunction plus unspecified damages in the lawsuit, Faraday Bicycles, Inc. v. Faraday Future Inc. The lawsuit was filed Tuesday. Faraday Future, the electric car company, is already busy in the court system, with a lawsuit against it by former partner Aecom alleging unpaid bills, another lawsuit (now dismissed) by test seat manufacturer Futuris, a lawsuit by landlord Beim Maple Properties alleging it has missed payments for its warehouse in Torrance, and even a lawsuit by a visual effects firm over lack of payment for creating the company's splashy presentation for its launch of its FF91 vehicle.

 
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Sense360 Scores $7M

Wednesday, April 26, 2017

Los Angeles-based Sense360, a developer of analytics software and mobile sensor technology for helping restaurants undersetand how consumers are interacting with their locations, has raised $7M in a Series A funding. The funding was led by Firstmark, and also included Qualcomm Ventures and Upfront Ventures. Sense360 is led by startup veteran Eli Portnoy, who was last founder of ThinkNear, which he took from start to exit in only 14 months. As part of the funding, Sense2360 added Noah Glass (Olo), Joel Ach (Darden Restaurants), Alex Vayslep (Maritz Holdings), and Huw Griffiths (Universal McCann) to its advisory board.

 
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More information » (Subscribers only)

Dave Gets $3M To Help You Avoid Bank Overdrafts

Wednesday, April 26, 2017

Los Angeles-based Dave, a developer of artificial intelligence for preventing bank overdraft fees, said this morning that it has raised $3M in a seed funding round. The funding came from Mark Cuban, SV Angel, The Chernin Group, along with Jonathan Kraft, Skip Paul and Diplo. Dave's mobile app helps users predict their expenses and avoid overdrafting their checking accounts--plus also lets users borrow money as an advance on their paycheck.

 
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More information » (Subscribers only)

Interview with Eugene Cho, Echo

Wednesday, April 26, 2017


Eugene Cho is CEO of San Diego-based Echo (www.discover-echo.com), a startup which is developing a new kind of microscope. The startup is backed by the Tech Coast Angels and Dolby Ventures. Eugene tells us about how his long experience in sales in the microscope industry really enabled the company to get traction quickly, and how that traction--and particularly, sales and market knowledge--was the key to finding funding for its efforts, changing the conversation from "what's this widget about" to "how much capital do you need to fund more sales growth?"

Explain what's special about Echo's microscopes, and what's your background?

Eugene Cho: We have developed the first and only hybrid microscope. There are typically two types of microscopes. One, is an upright, traditional looking microscopes, where you look at glass slides. Those are what you're used to if you used them in elementary or high school. The second, is for life science applications, where you want to look at a petri dish at live cells or tissue. In order to view those cells and tissue, you want an inverted microscope. Those are mostly used in lifescience and health care. My background is I was a sales rep in this industry for fourteen years, with Nikon. The first thing you are trained on, is to qualify customers and figure out if they need upright or inverted microscopes. While the two systems use similar optical components, you have to choose A or B....

 
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AltheaDx Finds $27M In New Funding

Wednesday, April 26, 2017

San Diego-based AltheaDx, which is developing molecular diagnostics technology for the personalized medicine market, has raised $27M in its Series D funding round. Source of the new funding was not announced by the company. AltheaDx said the funding will go towards expanding its sales force and scaling up marketing efforts. AltheaDx is led by President and CEO Jorge Garces.

 
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Digital Domain Debuts Virtual Reality App

Wednesday, April 26, 2017

Playa Vista-based Digital Domain, the visual effects provider which has been making a big push into virtual reality content, said on Tuesday that it has launched its own app for viewing virtual reality content. The company said the app includes both content created in-house at Digital Domain, as well as works from its industry partners, including animation, short films, and documentaries plus live and video on demand content from musical, political and entertainment events. The app is free, and runs on iOS, Android, and Google Daydream, and Samsung Gear VR.

 
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Zadara Wins Eastman Kodak Spinoff

Wednesday, April 26, 2017

Irvine-based storage-as-a-service provider Zadara Storage said on Tuesday that it has been selected by Kodak Alaris, a spin off from Eastman Kodak Company. Zadara said Kodak Alaris is using its Zadara VPSA storage array. Zadara's products are used by companies to implement storage in the cloud, appearing as a local storage array or storage controller, but tapping into a number of different cloud storage options. Kodak Alaris is a provider of information management software for professional photographers, retailers and photofinishers, and others.

 
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Advertisement

Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18

Clear your calendar - It's going down! The Preccelerator Program Demo Day
kicks off on May 18th @ 5:30pm, and you're invited to take part in the
festivities. SAM Preccelerator Program is our meeting spot to showcase the
Preccelerator's current class of all-star companies to investors and the
start-up community. Followed by keynote speaker Peter Csathy, founder of
Creatv Media and author of Media 2.0(17): An Insider's Guide to Today's
World of Digital Media & Where It's Going.

Register today!
https://demodaypetercsathy.splashthat.com/?gz=a5c30705f72de01e21c60aeed63d2d15&pp=1


Advertisement

Square 1 Bank

Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based
commercial bank with over $21 billion in assets. A full service financial
services partner to entrepreneurs and their investors, Square 1 provides
clients flexible resources and attentive service to help their companies
grow. Square 1 offers a broad range of venture debt, treasury and cash
management solutions through offices in top innovation centers: Atlanta,
Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles,
Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific
Western Bank is a wholly-owned subsidiary of PacWest Bancorp
(NASDAQ:PACW). For more information, visit www.square1bank.com, or send an
email to rchurchill@square1bank.com.


Advertisement

Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


Advertisement

Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
Angeles-based​ executive search firm built for SoCal​'s
​emerging companies working on ~100 searches per year. Clients cross
over mobile, adtech, media, gaming, software, ecommerce, services, and
consumer products.​ We always want to meet great companies,
investors and executives, please reach out via
http://www.safirepartners.com.


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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


Advertisement

Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
http://www.keyinfo.com/braas-free-trial/


Tuesday, April 25, 2017

MomentFeed Links With Snapchat

Tuesday, April 25, 2017

Los Angeles-based MomentFeed, which develops social marketing software to help multi-location, retail brands better manage the information about their local stores, has linked up with Snapchat's partner program, according to the company. Snapchat said that MomentFeed is now one a number of "Snapchat Partners", which lets MomomentFeed's customers execute targeted, location-based paid advertising campaigns using Snap Ads and Geofilters. MomentFeed says its tools are used by such brands as Starbucks, Mercedes Benz and PinkBerry to verify, manage, and update store locations and information.

 
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Forge Therapeutics Gets $15M

Tuesday, April 25, 2017

San Diego-based Forge Therapeutics, a biotechnology startup developing antibiotics, said on Tuesday that it has raised $15M in a Series A funding. The funding was led by MagnaSci Ventures, along with Evotec AG, Alexandria Venture Investments, MP Healthcare Venture Management, Red Apple Group, and WS Investments. MagnaSci Ventures's Brian Dorsey joins the company's board along with the funding.

 
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More information » (Subscribers only)

Sienna Biopharmaceuticals Gets $40M In Series B

Tuesday, April 25, 2017

Westlake Village-based Sienna Biopharmaceuticals, which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. The funding was led by ARCH Venture Partners and Venvest Capital, and also included Partner Fund Management, Altitude Life Science Ventures, and Dr. David Pyott, plus new investors Fidelity Management & Research Company, certain investment funds advised by Clough Capital Partners L.P., Omega Fund Management, and others. The company said the funding will go advance its biotech pipeline, which includes pharmaceuticals for treating pruritus and psoriasis; atopic dermatitis, psoriasis and pruritus; and treatment of acne vulgaris and the permanent reduction of unwanted light-pigmented hair.

 
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More information » (Subscribers only)

TeleSign Acquired By BICS For $230M

Tuesday, April 25, 2017

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. As part of the deal, BICS said that TeleSign will continue to operate independently as a wholly-owned subsidiary of the company, led by current CEO Aled Miles. Daniel Kurgan, CEO of BICS, will become Chairman of TeleSign. TeleSign is venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp. The company's services are very widely used among top tier cloud and Internet companies, to power the mobile authentication features of those sites, as well as to prevent e-commmerce fraud.

 
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Trump Takes Aim At CrowdStrike

Tuesday, April 25, 2017

Irvine-based cybersecurity firm CrowdStrike appears to be the latest victim of unsubstantiated "facts" from the current White House administration, as President Trump inferred that the company, incorrectly, is owned by a "very rich Ukrainian". The company is actually backed by Google Capital, Rackspace, Accel Partners, and Warburg Pincus. CrowdStrike's founder is George Kurtz, who founded Irvine's Foundstone, and later sold it to McAfee. Axios reports that the incorrect White House assertion might be because CrowdStrike's co-founder and CTO, Dmitri Alperovitch (an American citizen) is of Russian heritage. CrowdStrike's executives were active in boosting U.S. cybersecurity under the prior administration, alongside executives from IBM, MasterCard, Microsoft, and others.

 
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Science 37 Gets $29M To Extend Clinical Trials To Patient Homes

Tuesday, April 25, 2017

Playa Vista-based Science 37, which is developing technology and a model that allows pharmaceuticals companies and others to conduct clinical trials in patients' homes--rather than dedicated, off-site facilities--has raised $29M in a Series C funding round. The round was led by Glynn Capital Management, and also included GV (formerly Google Ventures), plus Amgen Ventures, Lux Capital, Redmile Group, dRx Capital (a Qualcomm and Novartis joint investment company), and Sanofi Ventures. The company says it ihas now raised almost $67M in total. Science 37 uses telemedicine, traveling nurses, and other technology which helps companies conducting clinical trials to reach hard to reach patient groups, including minorities, cancer patients, and others who are far away from research-focused medicial facilities. Science 37 is led by CEO Noah Craft.

 
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More information » (Subscribers only)

Rubicon Project Powers Digital Jukebox Advertising Marketplace

Tuesday, April 25, 2017

Los Angeles-based Rubicon Project is applying its programmatic advertising technology to digital jukeboxes, in a deal with connected, digital jukebox developer TouchTunes. According to the two, TouchTunes' "out-of-home" audience will be made available programmatically in a real-time buying marketplace powered by Rubicon's technology. The comapnies said TouchTunes has a reach and monthly audience of over 38 million unique visitors.

 
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Newegg Links With Chinese Payment Service PingPong

Tuesday, April 25, 2017

Los Angeles-based online electronics retailer Newegg said this morning that it has linked with PingPong, a provider of secure payment services for Chinese sellers, to help make it easier for its Chinese sellers to collect payments from customers. Financial details of the link were not announced. The two said that PingPong's payment service helps Chinese sellers overcome the challenges of cross-border online sales.

 
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Heron Therapeutics Names CFO

Tuesday, April 25, 2017

San Diego-based Heron Therpaeutics, a biotechnology firm developing treatments for pain, has named Robert E. Hoffman as its Chief Financial Officer and Senior, Vice President, Finance. Hoffman was recently serving as EVP and CFO of Innovus Pharmaceuticals for the last eight months, and also was recently CFO of AnaptysBio. Hoffman also has been at Arena Pharmaceuticals and Polaris Group, and is on the board of CombiMatrix, Kura Oncology, and MabVax Therapeutic Holdings.

 
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Monday, April 24, 2017

New App, JobFlare, Looks To Sharpen Your Brain--And Maybe Get You A Job

Monday, April 24, 2017

A new app, JobFlare, developed by Los Angeles-based Criteria Corp., is hoping to tap into the enthusiasm of consumers for games--which just might attract employers. According to Criteria, which has been offering up pre-employment testing services to employers since 2006, its new cam allows job seekers to play a set of six, 90-second brain games, which it says are "scientifically crafted" to test key talents and cognitive abilities. Criteria said that--based on performance in those games--it will send relevant job postings via email to game players. The company said its game lets users show off their potential, and also helps employers find people who have abilities that its says predict long-term job performance--but can't be gleaned from a resume.

 
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Soylent Recalls Powder, Again

Monday, April 24, 2017

Los Angeles-based food alternative firm Soylent has issued another recall of its Soylent Powder, after it found that its Soylent 1.8 Powder may have accidentally included milk in the product. The company said that a "small amount" of whey powder may have been incorporated into one production lot of Soylent 1.8 powder during manufacturing, saying that people who have an allergy or severe sensitivity to milk run the risk of "serious or life-threatening allergic reaction" if they consume the product. Luckily, for Soylent fans, the recall is less severe than an earlier recall in October, when its Soylent powder reportedly caused nausea, vomiting, diarrhea, and other issues in customers. Soylent said the recall only included specific lots expiring in February of 2018. The company said the contamination of Soylent 1.8 occurred at its "third party facility" during manufacturing.

 
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Influential Names New CFO, COO

Monday, April 24, 2017

Los Angeles-based influencer marketing software developer Influential says it has named Michael Lin as its new dual CFO and COO. Lin was previously CFO at Mavenlink and Cake, and also served at Gehry Technologies and Fast Search and Transfer. The company said that Lin will play a "vital role" in its growth, directing financial strategy, business planning, and operations. Influential says it is using artificial intelligence and technlogy from IBM Watson to help brands and agencies tap into a network of more than 17,000 highly engaged influencers on Facebook, Instagram, Snapchat, Twitter, and YouTube, and elsewhere.

 
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Hot On Heels Of DogVacay Buy, Rover.com Launches National Ad Push

Monday, April 24, 2017

Pet sitting and dog walking marketplace operator Rover.com--which just acquired Santa Monica-based DogVacay last month--has has launched a big re-branding as "The Dog People", in its first, national advertising campaign. Rover.com said the move is a result of its recent acquisitino of dog sitting network DogVacay. Rover.com says it the new campaign is the biggest media investment that it has made to date, with a planned spending of $4.5 million in marketing this year. Rover.com rolled out a new set of ads, including Meet the Dog People, which it says is a result of adding DogVacay's network of over 100,000 dog sitters in the U.S. and more than 75,000 active dog walkers.

 
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Precellerator Names Sixth Class

Monday, April 24, 2017

Santa Monica-based The Preccelerator Program, which is run by Stubbs Alderton & Markiles, LLP, has announced its sixth class, saying it has added five startups to its startup accelerator program. The accelerator said it has added Animate Objects (AR/VR technology); RentSpree (apartment rental applications); Tapp That App (mobile app discovery); Ca$het (product placement in TV shows and movies); and Swoppit (social marketplace for fashion) to the program. The Precellerator Program says that over the last five years, 22 companies have graduated from its program, with 16 receiving a total of $8M in funding. Editor's note: Stubbs Alderton & Markiles LLP is a long sponsor of the publication, although that does not affect our editorial coverage.

 
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MakeSpace Raises $30M More For On Demand Storage To Expand In LA

Monday, April 24, 2017

MakeSpace, a provider of "on-demand" self storage in Los Angeles, new York City, Chicago, and Washington D.C., has raised $30M in a funding round, from 8VC and Upfront Ventures. MakeSpace is led by Sam Rosen. According to the company, the funding will go towards building outs its operations in Los Angeles as well as its other cities. MakeSpace picks up items from people for storage, on a bin-by-bin basis, and also has mobile apps which lets people see what is in those bins. The company has plans ranging from a 2x2 "Hall Closet" for $59/month in LA, to enough space to store a 10x20 "3BR Apartment" at $429/month. The company says its costs of self storage--due to no need to provide direct customer access, ability to store items in a denser space, automation, and other efforts--reduces its costs to 50% that of traditional self storage operators.

 
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Inseego Resets Effort To Gain Approval For MiFi Sale, Again

Monday, April 24, 2017

San Diego-based Inseego--the company once known as Novatel Wireless--along with Jade Ocean Global Limited, which is a subsidiary of T.C.L. Industries Holdings, say they once again have withdrawn their request for regulatory approval from the Committee on Foreign Investment in the United States (CFIUS). The firms said that the withdrawal, and immediate re-filing, of its request, is intended to provide additional time to provide a "definitive mitigation agreement" for approval from CFIUS. This is the second time the companies have pulled the move, after it encountered resistance to the planned sale of Novatel Wireless. The two announced a deal to sell Novatel Wireless to Jade Ocean in September of 2016, when Novatel Wireless renamed itself Inseego. The companies reset their request for approval from the CFIUS in January, saying that the reset was due to a new incoming Presidential administration.

 
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Ozobot Boosts Executive Team

Monday, April 24, 2017

Redondo Beach-based Ozobot, which develops educational robotics products, says that it has named Joby Otero as its Chief Product Officer, and Kim Salzer as Chief Marketing Officer. Otero was most recently Chief Creative Officer at Anki, and Salzer was most recently Chief Marketing Officer at Hyperloop One. Both also had served at Activision. Ozobot is backed by Tribeca Ventures, and recently raised $3M in a Series A funding. The company says it has already shipped half a million units of its "hybrid physical / digital STEAM platform".

 
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