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  • 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 →

  • Friday, October 17, 2014

    BlackLine Trumpets Revenue Growth, Customers

    Los Angeles-based financial automation software developer BlackLine said Thursday that its Q3 revenues were up over 50 percent, as a result of customer growth at the company. Actual financials were not released by the company. BlackLine said that it now has over 100,000 users of its software, which is used by companies for automating their financial close processes. The company said it added such new customers as Applied Materials, Cloud Peak Energy, La-Z-Boy, Louisiana Pacific Corp. and Web....Continue →

  • Friday, October 17, 2014

    Teledyne Lands Defense Contract

    Thousand Oaks-based Teledyne Technologies said Thursday that it has scored a major, marine defense electronics contract, as part of a U.S. Navy submarine program. Teledyne did not say how much the contract was worth. Teledyne said the win came via its Teledyne Oil & Gas group, and was awarded a contract by General Dynamics Electric Boat of Groton, Connecticut. The contract covers materials and engineering support for electrical and fiber optic interconnect assembly hardware....Continue →

  • Thursday, October 16, 2014

    DocMagic Buys eSignSystems

    Torrance-based DocMagic, which develops loan document preparation and compliance software, said Thursday that it has acquired eSignSystems, a provider of electronic signature products, from Wave Systems Corp.. Financial terms of the buy were not disclosed. As part of the acquisition, DocMagic said it is bringing on the entire management team of eSignSystems to the company. Both companies serve the mortgage industry.Continue →

  • Thursday, October 16, 2014

    Wilshire Axon Sports Finds $2M

    Los Angeles-based Wilshire Axon Sports, which develops software to help sports teams connect with their fans via social media, has raised $2.0M in a funding round. The funding was led by Mosaik Partners, and also included KGC Capital and Albrekca LLC. The company said it will use the funding for sales and marketing, as well as product development. Wilshire Axon targets its software towards professional, collegiate, and minor league teams and venues. The company is led by Laurence Sotsky....Continue →

  • Thursday, October 16, 2014

    Anametrix Acquired By Ensighten

    San Diego-based marketing analytics developer Anametrix has been acquired by Silicon Valley company Ensighten, according to the companies. Financial terms of the acquisition were not disclosed. Ensighten said it will use the acquisition to accelerate the next generation of its open marketing platform. Anametrix was venture backed by TVC Capital, and had announced only $5.5M in funding in total.Continue →

  • Thursday, October 16, 2014

    Beats Music On AT&T: We Hardly Knew Ye

    Remember that giant super bowl launch of Beats Music on AT&T for the Super Bowl, featuring Ellen Degeneres? Well, apparently, AT&T is no longer offering up Beats Music subscription to its new customers, according to Macrumors....Continue →

  • Thursday, October 16, 2014

    Spreeify Launches New Mobile Ad Product

    Los Angeles-based Spreeify, the developer of display ad technology which is led by Ruben Dua, has rolled out a new product aimed at the mobile market. According to the company, it has launched its Mobile Rich Media Ad Platform, a product which helps advertisers maximize their mobile ad dollars, with tools for ad authoring, a creative library, and analytics engine....Continue →

  • Thursday, October 16, 2014

    Phorus Debuts New Wireless Home Audio Speaker

    Encino-based Phorus, the developer of wireless home audio speaker technology which is now owned by DTS, said it has launched a new product called the Phorus PS5. The new speaker lets users stream audio from their iOS, Android, and Windows PCs to multiple rooms over Wi-Fi. The company is promoting the new speaker line with a music video from the group Run River North. Phorus said the new speaker will be available in December directly from the firm, from, and other retailers, for $229....Continue →

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