Top News

  • Monday, October 20, 2014

    Tinder Looks To Turn On Revenue Spigot

    Los Angeles-based swipe-right, swipe-left dating app developer Tinder is looking to start turning on the revenue spigot, with plans to launch a new premium service, the company revealed Monday. According to Tinder CEo Sean Rad, in an interview with Forbes, the company will roll out a premium service in early November to add more match-making to the service. Details on those exact services were not announced....Continue →

  • Monday, October 20, 2014

    RightSignature Acquired by Citrix

    Santa Barbara-based RightSignature, which develops cloud-based, electronic signature software, has been acquired by Citrix, Citrix announced Monday. Financial terms of the buy were not disclosed. Citrix said the buy will help it expand its Citrix ShareFile product. RightSignature's team will join Citrix as part of the buy. RightSignature was founded by Daryl Bernstein.Continue →

  • Monday, October 20, 2014

    Virgin Galactic Set To Restart Test Flights

    Mojave, California-based space vehicle is set to resume testing its vehicles for space flight, according to a report over the weekend. The company--which has been attempting to start delivering tourists into space since 20009--said that it is setting up a new round of test flights for its SpaceShipTwo vehicle. The company's vehicle is based on the first, commercial vehicle to reach space, the SpaceShipOne, which won the Ansari X Prize and $10M in 2004....Continue →

  • Monday, October 20, 2014

    ViaSat Rolls Out High Speed Internet To General Aviation

    Carlsbad-based satellite Internet and equipment maker ViaSat said today that it is launching its high speed, Exede satellite internet services to the general aviation market. ViaSat said its new Exede In The Air service is aimed at business executives, fractional owners, charter, and jet card flyers....Continue →

  • Monday, October 20, 2014

    TrueCar Hits One Millions Downloads On Mobile App

    Santa Monica-based TrueCar, which provides a service to let users get upfront pricing on automobiles from dealers, said today that it has just surpassed 1 million downloads of its smartphone app. The company--led by Scott Painter--said that it has been seeing a big uptick in mobile usage, with more than 40 percent of its users using mobile devices to access its service....Continue →

  • Monday, October 20, 2014

    ID Analytics Names COO

    San Diego-based ID Analytics, a provider of consumer risk management and analytics software and services, said today that it has named Scott Carter as the company's Chief Operating Officer. Carter was most recently at Mitek, and also served SVP at Experian where he was responsible for analytics and fraud solutions. He has also been at Fair Isaac Corporation, First Union, Associates First Capital Corporation, Advanta and American Express Centurion Bank. ID Analytics is now owned by LifeLock....Continue →

  • Monday, October 20, 2014

    Amgen Names New Board Member

    Thousand Oaks-based biotech giant Amgen said Friday that it has named R. Sander Williams, M.D., to its board of directors. Williams is president of Gladstone Institutes, a nonprofit biomedical research enterprise, and is also a Professor of Medicine at the University of California, San Francisco. Amgen cited Williams' academic medicine background and experience in the industry as being of value to the company. AMgen has thirteen directors on its board.Continue →

  • Monday, October 20, 2014

    AnaptysBio Names New Chief Development Officer

    San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it has named Marco Londei as its Chief Development Officer. Dr. Londei was most recently at Bristol-Myers Squibb (BMS) where he was Therapeutic Area Head, Immunosciences. He also has served at Novartis, where he had been Global Head of Autoimmunity Translational Medicine. AnaptysBio is backed by Alloy Ventures, Avalon Ventures, Frazier Healthcare Ventures, Novo A/S, Numenor Ventures, WS Investments, and others....Continue →

  • Friday, October 17, 2014

    Early Tesla Owners Protest Lack Of Support For New Features

    In an example of how an electric car is not just a disposable, electronic device, a group of early owners and supporters of Telsa Motors electric vehicles are protesting a lack of an upgrade path for their cars. The owners--led by Los Angeles investor Richard Wolpert--are asking the car company to provide a retrofit of the new AutoPilot features into their existing vehicles.

    According to the campaign Wolpert started on Change....Continue →

  • Friday, October 17, 2014

    Upfront Backs Osmo's iPad Connected Toys

    Los Angeles-based Upfront Ventures is one of the investors in iPad toy maker Osmo, which said yesterday that it has raised $12M in a Series A funding. Osmo--which is based in Palo Alto--said it raised the funding from Accel Partners, along with Upfront Ventures and K9 Ventures. Osmo develops a hardware device which connects real life toys with apps running on the iPad. The company said its hardware lets any object, including pens and paper, to interact with digital devices like the iPad....Continue →

  • Friday, October 17, 2014

    CallFire Hits Messaging Milestone, Donates $10K To Local Nonprofit

    Santa Monica-based voice and texting API developer CallFire said this week that it has just hit two billion messages send via its platform, and decided to donate $10,000 in credits on its service to a nonprofit to celebrate the milestone. According to CallFire, it donated $10,000 in credits on the service to fitkidsAmerica, a nonprofit which fights childhood obesity through after school programs and camps, in the name of its customer, Flywheel, which sent the two billionth message....Continue →

  • Friday, October 17, 2014

    Sofie Biosciences Scores $1.5M In SBIR

    Culver City-based Sofie Biosciences has scored a $1.5M, Phase II SBIR award for its Positron Emission Tomography (PET) imaging technology, the company said Thursday. The company said the SBIR award came from the National Cancer Institute (NCI). The company--which is developing PET probes, scanners, and chemistry systems, said the contract will support further development of its products. Sofie Biosciences is led by Patrick Phelps....Continue →

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