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. NantHealth is developing genomic and protein-based molecular diag (More info...)
posted on Wednesday, July 1, 2015(Full story)

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.
posted on Wednesday, July 1, 2015(Full story)

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. Classy allows nonprofits to create fundraising campaigns for specific projects or year-round initiatives, with features such as leaderboards, user-generated media, team fun (More info...)
posted on Wednesday, July 1, 2015 (More)(Full story)

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.
posted on Wednesday, July 1, 2015(Full story)