Tuesday, May 17, 2016Reports: Glitch In Ring Doorbells Causes ConfusionSanta Monica-based smart doorbell maker Ring had a glitch this month where some of its doorbells accidentally pulled up video from the wrong houses, causing some confusion and worry over the product. According to reports, due to a bug in the company's software, a limited number of users saw video from other people's houses, instead of their own, when they used the company's apps. Ring, in a statement to a number of publications, said that it believes less than ten instances of the issue occurred (More info...)
posted on Tuesday, May 17, 2016(Full story)
Lucid Sight Finds $3M For Virtual Reality Games, AdsLos Angeles-based Lucid Sight, a developer of an ad-supported, virtual reality game development platform, said today that it has raised $3.5M in a Series A funding. The funding came from Rana Capital Partners and Salem Partners. The company is led by Randy Saaf.
posted on Tuesday, May 17, 2016(Full story)
PatientPop Raises $10M MoreSanta Monica-based PatientPop has raised another $10M in its Series A funding, bringing the amount raised in its first round to $20M, the company said Monday. The funding came from Toba Capital, athenahealth, and Silicon Valley Bank. The company said the new funding will go towards product development and expanding integrations. PatientPop develops practice management software for health care providers; the company announced the first $10M in the round back in November.
posted on Tuesday, May 17, 2016(Full story)
Cloud Constellation Aims At Cloud Storage Via SatelliteNeed to securely transport that critical information--but don't trust the Internet or phone lines? Los Angeles-based Cloud Constellation Corporation said today that it is getting set to launch a new service which completely bypasses the public Internet, and even leased lines and other ground based infrastructure, and entirely sends data via satellite. According to the company its "SpaceBelt" cloud infrastructure, can store and transport mission-critical, sensitive data, in a way that avoids what (More info...)
posted on Tuesday, May 17, 2016(Full story)
SCE Ramps Up Electric Vehicle Charging ProgramSouthern California Edison says it is ramping up its electric vehicle charging efforts, with a new "Charge Ready" program to install more electric vehicle charging stations. According to SCE, it is launching a pilot program where it hopes to add as many as 1,500 electric vehicle charging stations in its service area. SCE says it will install and maintain supporting, electrical infrastructure, at no cost to participants, who own, operate, and maintain their own electric vehicle charging station. (More info...)
posted on Tuesday, May 17, 2016(Full story)
Stratalux Names New PresidentLos Angeles-based Stratalux, a provider of managed IT services, said it has named Justin Cohen as President of the company. Cohen was previously EVP of Services at Calance, and has 20 years plus of experience, according to the company. Cohen has been on its advisory board since 2014. Stratalux helps businesses migrate their systems to Amazon Web Services (AWS), and also helps manage those systems once migrated. The company is led by Jeremy Przygode.
posted on Tuesday, May 17, 2016(Full story)
Kite Pharma Sets CFOSanta Monica-based Kite Pharma has named a new CFO, saying it has apointed Paul L. Jenkinson to the position. Current CFO Cynthia M. Butitta has shifted to Chief Operating Officer. Jenkinson was previously at Allergan, where he was Vice President, Global Commercial and Corporate Finance, and where he had been for nearly a decade. Jenkinson also previously served at Black & Decker Corporation, Deloitte New Zealand, and Fonterra.
posted on Tuesday, May 17, 2016(Full story)
Enevate Names CFOIrvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy as its new Chief Financial Officer. Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has served at Primarion, ValueClick, and other companies. Enevate is venture backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures, and CEC Capital, and is targeting its Lithium ion battery technology at (More info...)
posted on Tuesday, May 17, 2016(Full story)
Resonant Reports New Licensing AgreementGoleta-based Resonant, which develops technology used for radio frequency (RF) filters, reported that it has signed a second licensing agreement for its technology. The company said the agreement is with an un-named, existing customer. According to Resonant, the agreement covers three three Surface Acoustic Wave (SAW) duplexer designs, and includes acceptance milestone payments and royalties. The agreement appears to be with the same customer the company announced a deal with in April.
posted on Tuesday, May 17, 2016(Full story)