Monday, July 10, 2017


Yamibuy Rounds Up $10M For Asian American Ecommerce
City Of Industry-based Yamibuy, an online e-commerce startup selling Asian snacks, cookies, candy, instant food, tea, and more, aimed at Asian American consumers, has raised $10M in a Series A funding, the company said on Monday. The funding was led by GGV Capital, and also included New Oriental Education & Technology Group and K2VC. The startup, led by founder and CEO Alex Zhou, said that Hans Tung of GGV Capital has joined the company's board. Yamibuy said the funding will allow it to better s (More info...)
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Faraday Future Aborts Nevada Factory Plans
Troubled electric car maker Faraday Future has halted its plans to build a factory in Las Vegas, due to a cash crunch, according to a report from local Nevada news sources. According to the report, Faraday Future has decided to "put a hold on" its factory in Nevada, where it had planneds to spend $1 billion on creating a 3 million square foot megafactory that Faraday Future claimed would create more than 13,000 jobs in Nevada. Faraday Future had said it would also abort plans on building a facto (More info...)
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CrowdStrike Names BizDev VP
Irvine-based cybersecurity software developer CrowdStrike said on Monday that it has named Matthew Polly as Vice President of Worldwide Business Development and Channels. According to CrowdStrike, Polly joins from AppDynamics, where he served as Vice President, Worldwide Alliances and Business Development, before its acquisition by Cisco. CrowdStrike provides endpoint protection software for the enterprise.
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Josh.ai Finds $11M For Voice Activated Home Assistants
Jstar, the creators of Josh.ai, a voice activated home assistant, has raised $11M in funding, according to the company. The company has offices in Los Angeles, and is led by longtime LA serial entrepreneur Alex Capecelatro. Source of the funding was not announced. Capecelatro previously founded Yeti and AtThePool. Josh.ai was co-founded by CTO Tim Gill, who was founder of Quark, Inc. Josh.ai has a formidable competitor in Amazon, competing directly against Amazon's Alexa.
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ChiroTouch Gets Private Equity Investment
San Diego-based ChiroTouch, a developer of electronic health records and practice management software for the chiropractic market, has raised a round of private equity funding. The funding came from Waud Capital Partners. Size of the funding was not announced. According to the companies, George Ahn, Operating Executive at Waud Capital, has become ChiroTouch's new CEO, and has also joined the company's board as Vice Chairman. Former CEo Robert Moberg becomes President of the company.
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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace
There's been a revolution in the use of artificial intelligence and machine learning in the last few years, by both startups and large companies, to help in a large number of areas. Tim Grace, who co-founded San Diego-based PointPredictive with Frank McKenna and Joe Jackson, is a startup veteran, who sold BasePoint Analytics to CoreLogic in 2009, and is a former executive from HNC Software. He sat down with us to tell us how PointPredictive is harnessing artificial intelligence and machine lea (More info...)
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Blizzard Launches Expansion To Hearthstone
Irvine-based videogame publisher Blizzard Entertainment said last week that it is rolling out a new expansion to its Hearthstone digital card came. Blizzard said its new expansion, Knights of the Frozen Throne, will roll out in August. The expansion pack will run on Windows and Mac PCs, plus iOS and Android tablets and mobile phones; Blizzard said it will be providing a pre-launch "card pack" for $49.99.
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Panasonic Aviation Teams With Eutelsat For Canada Coverage
Lake Forest-based, in-flight wireless connectivity provider Panasonic Aviation said this morning that it has teamed up with Eutelsat and Hunter Communications, to extend its capacity over Canada. Financial details of the deal were not announced. Panasonic said the deal expands a multi-transponder contract on the EUTELSAT 115 West B satellite. Panasonic said the deal will help expand connectivity for domestic flights inside Canada, from Newfoundland to the Yukon.
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Inseego Wins Deal In Austria
San Diego-based Inseego announced a customer win in Austria for its fleet management products, the company said this morning. Inseego said the Red Cross Rescue Service in Tyrol, Austria has signed a five year contract for its fleet management, software-as-a-service solution for its rescue vehicles. Financial impact of the win was not announced. The win came from Inseego's Ctrack unit. Inseego's Ctrack brand provides fleet management, asset tracking and monitoring, stolen vehicle recovery, and ot (More info...)
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IOGEAR Rolls Out Thunderbolt 3 Docking Station
Irvine-based IOGEAR announced a new, Thunderbolt 3 docking station, which provides a way for both MacBook or Window laptops to connect to peripherals such as external monitors, storage devices, and other accessories. According to IOGEAR, its GTD733 Thunderbolt 3 Quantum Docking Station features two USB-A ports, one USB-C port, audio input and output jacks, a Gigabit Ethernet port, and support for external 4K and 5K monitors. The docking port has a MSRP of $299.95.
posted on Monday, July 10, 2017(Full story)