Thursday, May 17, 2018RelationEdge, Based In San Diego, Acquired By RackspaceSan Diego-based RelationEdge, a provider of Salesforce consulting and digital agency services, has been acquired by cloud service company Rackspace, Rackspace said on Thursday afternoon. Financial details of the acquisition were not announced. Rackspace said the acquisition will help it broaden its application services portfolio, including adding implementation and managed services for SaaS applications RelationEdge was founded in 2013, and now has 125 employees. According to Rackspace, it will (More info...)
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EAT Club Buys Farm HillEAT Club, a startup which provides delivery of food to employees of high tech and other companies, said today that they've acquired Farm Hill and its personal meal business. EAT Club, which is based in the Bay Area, says that Los Angeles is one of its two primary markets. Financial details of the buy were not announced. Farm Hill was also based in the San Francisco area. EAT Club is venture backed by August Capital, Trinity Ventures and First Round Capital, and has raised around $50M in funding. (More info...)
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Aerovironment Accused Of Covering Up Explosives On Commercial AirlinerMonrovia-based unmanned aerial vehicle maker Aerovironment has been accused of covering up an incident where its employees transported a drone, rigged with explosives, on a commercial flight, according to a report from Bloomberg. The report says a complaint--filed by the former head of security of Aerovironment's top-secret government programs--says that AeroVironment employees carried an explosives-laden drone on a commercial, Delta flight with around 230 passengers, and later retailed against (More info...)
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DataScience.com Acquired By OracleCulver City-based DataScience.com, a developer of data science software led by serial entrepreneur Ian Swanson, has been acquired by Oracle, the companies said on Wednesday. Financial details of the acquisition were not announced. Oracle said it will add DataScience.com's platform to its Oracle Cloud, to allow its customers to "fully utilize" machine learning. The exit is the second big one for Swanson, who sold his last startup, Sometrics, a virtual currency monetization platform, to American E (More info...)
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How Eusoh Wants To Fix Insurance With Technology, With Allen Kamrava
The insurance industry is an old industry, with a lot of contradictions--it's one where the more claims insurers pay to help customers, the less money the insurers make--and it's also one that hasn't been disrupted much yet by technology. Is it possible to use technology to replace the age-old system currently in use in insurance? That's what Los Angeles-based Eusoh (www.eusoh.com) is hoping to do. We caught up with Allen Kamrava, the CEO and founder the startup, to learn about how the company (More info...)
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CUJO AI Raises Series B Funding For Security ToolsEl Segundo-based CUJO AI, a startup developing artificial intelligence software for detecting security attacks on consumer networking infrastructure, has raised a Series B funding round, the company said this morning. Size of the new round was not announced. According to CUJO AI, the funding was led by Charter Communications, and will go towards further development of its technology. CUJO AI offers up its AI software to network operators, to help secure customers. CUJO says its artificial intell (More info...)
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HyreCar Expands Into Three New StatesLos Angeles-based HyreCar, which operates a peer-to-peer car sharing service aimed at offering up vehicles for use by drivers for ridesharing services like Lyft and Uber, said it has expanded it services into three new states. According to HyreCar, it is now operating in Hawaii, Iowa, and Minnesota. HyreCar said the expansion into the new states comes due to "growing demand" by local drivers in those markets. HyreCar says it is now operating in 35 states across the United States.
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Viasat Extends In Flight Wireless Deal With HoneywellCarlsbad-based Viasat, which offers up in-flight wireless and other satellite services, said it has linked with Honeywell, to offer up in-flight Internet services to the business aircraft market. According to the two, Honeywell will offer up Viasat's high-speed, Ka-band in-flight internet services as part of Honeywell's GoDirect Cabin Connectivity suite of services. Financial details of the deal were not announced. Those services are marketed to large and mid-cabin business jet customers. The co (More info...)
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