Friday, April 29, 2016Stance Gets $30M For Lifestyle Apparel BrandSan Clemente-based Stance, which offers up its own lifestyle apparel brand, has raised $30M in a Series D funding, according to the company. The funding came from Mercato Partners, and also included August Capital, Kleiner Perkins Caufield Byers, Menlo Ventures, Shasta Ventures, and Sherpa Capital. The company says it targets "punks and poets" with its style. Stance is led by Jeff Kearl.
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SpaceX Wins $82.7M GPS Satellite Launch ContractHawthorne-based SpaceX has won a big, $82.7M contract from the U.S. Air Force, to launch next generation, GPS III satellites into orbit. According to the contract award, the contract will include launch vehicle production, mission integration, and launch operations for a GPS III mission. The award is the first national security contract for SpaceX, and apparently the first time that someone other than the United Launch Alliance--the joint venture of Lockheed Martin and Boeing--has actually won a (More info...)
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Levyx Lands $5.4M For Big Data StorageIrvine-based Levyx, a startup developing data storage platforms specifically aimed at accelerating big data software and applications, has raised $5.4M in a Series A funding round, according to the company. The funding was led by OCA Ventures, and also included Amino Capital (formerly zPark Capital) and Sumavision USA Corporation, plus executives from EMC, SAP, and elsewhere. LEvyx said it has build a data engine called Helium, which specifically boosts the data access speeds for data from tools (More info...)
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SLANTRANGE Snags $5M For Agricultural Drone Sensor TechnologySan Diego-based Slantrange, a startup developing sensors and analytics systems which are being applied to drones for agriculture, has raised $5M in a Series A funding, according to the company. The funding was led by The Investor Group, and also included other investors. Slantrange develops an aerial remote sensing product which lets farmers view images of their crops in near-real time, without requiring a network connection, which can be used to measure weed density, measure crop and plant stre (More info...)
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Mom 2.0 Buys Tastemaker MomLos Angeles-based Mom Media Enterprises, LLC, the company which runs the Mom 2.0 Summit and Iris Awards, has acquired Tastemaker Mom from The Kive Company. Financial terms of the acquisition were not disclosed. Tastemaker Mom helped gather opinions, feedback, surveys, and more from mothers for businesses. As part of the deal, Kive Company co-founder and CEO Jedd Gold will help advise Tastemaker Mom as an advisor. Tastemaker Mom was a separate business of The Kive Company, which sells the Artkive (More info...)
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Wrapal Launching New Marketplace For Film LocationsA new, Playa Vista-based startup, Wrapal, said this week that it is about to launch a new marketplace which will make your property--your home, business, apartment, or any other location--the potential star of an upcoming feature film, television show, or commercial. According to the company, it is launching its service on May 6th, which will help filmmakers find locations where they can shoot easily. The company--which compares itself to an "AirBnB for film"--said it will let any owner list the (More info...)
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Honor Expands Senior Care Marketplace To LAHonor, a startup that operates a marketplace for senior home care professionals and is backed by Marc Andreessen, said it has expanded to Los Angeles and Orange County, and rounded up a local executive to head up its expansion efforts here. Honor said it has appointed Steve Seigel as General Manager of the company in Los Angeles. Seigel sits on the board of the Jewish Vocational Service (JVS), is a donor and part of the Concern Foundation and Wilshire Boulevard Temple, and is also on the board o (More info...)
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Alteryx Names Two New Board MembersIrvine-based data analytics software developer Alteryx has named two new members to its board, the company said this week, including Chuck Cory, the former Chairman, Technology Investment Banking at Morgan Stanley, and Tim Maudlin, who sits on the baords of a number of technology companies. Cory is also on the advisory board of Tufton Venture Partners, and spent 30 years as an investment banker at Morgan Stanley. Maudline is on the bord of WEB.com, and also had served on the boards of ExactTarge (More info...)
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