Top News

  • Friday, October 24, 2014

    Upfront Backs Luxury Valet Parking Service

    Los Angeles-based venture capital investor Upfront Ventures is one of the investors in a new, luxury valet service launching in San Francisco, called Luxe. Luxe said Thursday that it has raised $5.5M in a seed funding round, from Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others....Continue →

     
  • Friday, October 24, 2014

    Rubicon Project Reports Big Growth Numbers

    Los Angeles-based online advertising automation software developer Rubicon Project reported record financial results Thursday afternoon, saying that its third quarter sales were up 60 percent year over year to $32.2M. The company said the revenue performance was the best in its history. Rubicon Project, which is led by Frank Addante,said the growth was fueled by its open RTB auction technologies, private exchanges, mobile, and agency marketplaces....Continue →

     
  • Friday, October 24, 2014

    Invoca Names CFO

    Santa Barbara-based Invoca, which develops software used to track phone calls from affiliate marketing, said Thursday that it has named Cynthia Stephens as its new Chief Financial Officer. Stephens joins the company from Harvest Power, where she was SVP and CFO. Stevens also served as CFO for Infoseek, and has served at OpenView Venture Partners, CodeGear/Borland Software, Pharsight, Calico Commerce, and Fractal Design....Continue →

     
  • Friday, October 24, 2014

    Teledyne Buys Oceanscience

    Thousand Oaks-based Teledyne Technologies has acquired Carlsbad-based Oceanscience Group Ltd., a developer of unmanned marine vehicles and sensor platforms. Financial terms of the buy were not disclosed. Teledyne Technologies said the buy will help add unmanned surface vessels to its line of marine products. Oceanscience's products are used for current measurement, seafloor mapping and analysis of physical parameters such as salinity.Continue →

     
  • Friday, October 24, 2014

    Tealium: Sales Grow 120 Percent

    San Diego-based Tealium, the developer of enterprise tag management software which is led by Jeff Lunsford, said it saw 120 percent year-over-year sales growth. Actual revenues were not released by the company. The company said it grew its customer base by approximately 80 percent year over year, adding such clients as Air New Zealand, Lamps Plus, thredUp, Automotive Internet Media, and others to its roster of customers. An earlier profile of Tealium in the Inc....Continue →

     
  • Friday, October 24, 2014

    Fuisz Media Ties With Intellectual Ventures

    Santa Monica-based interactive video technology developer Fuisz Media and IP licensing firm Intellectual Ventures said yesterday that the two are in a intellectual property licensing agreement. The companies said that Fuisz has acquired several strategic patents related to interactive video technology from IV, and has become a customer of IV's patent defense program. Financial details of the patent licensing deal were not announced....Continue →

     
  • Thursday, October 23, 2014

    LegalZoom Ties With Sam's Club

    Glendale-based online legal documents firm LegalZoom announced Thursday that it has linked up with Sam's Club, the membership warehouse club owned by Walmart, to offer up its services to small businesses. Financial details of the deal were not disclosed, however, LegalZoom said that it wil loffer up a suite of estate planning products for $299 as a promotion with Sam's Club, as well as up to 25 percent off all of its other products....Continue →

     
  • Thursday, October 23, 2014

    Tipalti Takes $13M To Automate Mass Payments

    Agoura Hills-based Tipalti, a developer of software to automate mass payments--for example, for affiliate advertising firms and marketplaces--has raised $13M in a funding round, according to the company. The Series B funding came from Wicklow Capital. The startup, which is led by Chen Amit, automates payments in the crowd for companies who have a large number of people they need to pay small amounts on a regular basis....Continue →

     
  • Thursday, October 23, 2014

    Draftster.com Signs NFL's Terrell Owens

    Santa Monica-based Draftster.com, which operates an online fantasy sports service, has signed on former NFL player Terrell Owens in an endorsement deal. Financial details of the deal were not announced by Draftster.com, which said that fans on the site will be able to engage and challenge Owens in contests on the site. Drafster is led by David Peterson.Continue →

     
  • Thursday, October 23, 2014

    Interlink Electronics Inks R&D Deal In Singapore

    Camarillo-based sensor and electronics developer Interlink Electronics has inked a research and development deal in Singapore, with the Technology Development Centre (TDC) at the Institute of Technical Education (ITE). Financial terms of the deal were not announced. The company said the collaboration covers
    sensor topologies, printed electronics manufacturing processes, and embedded system architecture.Continue →

     
  • Thursday, October 23, 2014

    OpenX Names Trio Of New Execs

    Los Angeles-based advertising technology developer OpenX said this morning that it has hired a trio of new executives. The company said it has named Scott Braley as Vice President of Demand, Julie Van Ullen as Senior Director of Publisher Business Development, and Deborah Roth as Chief Communications Officer. Braley previously headed up Facebook's U.S. Sales and Global Agency for its Atlas Division, and also served at Microsoft and aQuantive. Van Ullen was most recently at the IAB....Continue →

     
  • Thursday, October 23, 2014

    DataPop Launches New Ad Product

    Los Angeles-based DataPop, the product advertising technology developer headed by Jason Lehmbeck, has launched a new product aimed at retailers. According to DataPop, its new OmniAds product uses a retailer's merchandise catalog to drive advertising on such sites as Google, Bing, Pinterest, Polyvore, Ebay, and Amazon. DtaPop said that so far, the product is being used by such customers as Pier 1 Imports. The company also counts such clients as Deckers Outdoor, Sport Chalet, OpenSky, and NewEgg....Continue →

     
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