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  • Monday, September 22, 2014

    Shopzilla Becomes Connexity

    Los Angeles-based marketing technology provider Shopzilla said this morning that it has officially chanced its company named to Connexity, to help highlight the shift of the company from comparison shopping to technology driven marketing solutions. Shopzilla said the change comes as it looks to highlight the range of marketing capabilities it has for retailers and brands, which are now a majority of its revenues....Continue →

  • Monday, September 22, 2014

    CurbStand Raises $3M For Valet Parking App

    Los Angeles-based CurbStand, a startup which develops an iOS app to help users find and pay for valet parking, has raised $3M in a funding round, the company said this morning. The startup--led by Serge Gojkovich--said the funding came from an un-named, private investor. The company said the funding will go to expand its executive staff, launch its operations outside of Los Angeles, and further develop its product....Continue →

  • Monday, September 22, 2014

    j2 Global Acquires Australian Web Hosting Firm Web24

    Los Angeles-based internet services giant j2 Global is continuing to build out its vast empire of Internet services, saying this morning that it has acquired Australian web hosting company Web24 Group Pty Ltd.. Financial terms of the buy were not disclosed. Web24 was based in Melbourne, Australia, and offers up domain name, web hosting, dedicated and share servers, and more to the small and mid-sized business market. j2 Global said the acquisition moves the company into the web hosting arena....Continue →

  • Monday, September 22, 2014

    Sientra Files For IPO

    Santa Barbara-based medical aesthetics company Sientra has filed for an IPO, saying Friday that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange. The company said it has proposed listing under the symbol SIEN. The IPO is being underwritten by Piper Jaffray, Stifel, Leerink Partners, and William Blair. Sientra is venture backed by Abingworth Bioventures, OrbiMed, Clarus Lifesciences, Private Equity Managers Healthcare, and TIAA. Sientra develops breast implants....Continue →

  • Monday, September 22, 2014

    Adaptive Medias Raises $5.2M

    Irvine-based Adaptive Medias, the provider of programmatic advertising technology, said this morning that it has raised $5.2M in a private placement. The publicly held company did not say where the new funding came from. Adative Medias said it will use the funding for sales and marketing, as well as general corporate purposes. Adaptive Medias is led by Qayed Shareef. Adaptive Medias is backed by Los Angeles technology veteran and investor Ben Padnos.Continue →

  • Monday, September 22, 2014

    Cytori Therapeutics Chops Staff, Executives

    San Diego-based Cytori Therapeutics has chopped its staff and executives, and has plunged into arestructuring effort to reduce costs, the company said this morning, after a safety hold on one of its clinical trials. According to Cytori, it has cut its employees by roughly 42 employees, down from 119 employees earlier in the year to approximately 77 employees, to reduce costs. The company also said that its EVP of Marketing and Sales, Mr....Continue →

  • Friday, September 19, 2014

    Driving User Engagement With FEM's Video Recommendations

    Can software algorithms help drive more user engagement and video views for publishers? According to Los Angeles-based FEM (, video recommendations can make a significant difference in how long a user spends on a website or app. Rachel Payne, the CEO and one of the co-founders of FEM, is a veteran of Google, and is taking her experience there and applying it into the video recommendations and engagement area. We caught up with Rachel recently to hear more about the company....Continue →

  • Friday, September 19, 2014

    The First socalTECH 50: Where Are They Now?

    Last year, we compiled our first list of the socalTECH 50: our attempt to pick fifty people here in Southern California's technology industry who represent some of the best of what the region has to offer, and which we though people ought to keep an eye on. We're doing that again this year, with the thought to highlight some of the people (not companies) here who are worth watching, wherever they are and whatever they are doing....Continue →

  • Friday, September 19, 2014

    Heard Takes On Social Sharing, Networking

    Santa Monica-based Heard, a startup developing social sharing and networking software for iOS, Android, and the desktop said this week that it has launched a brand new "social exchange" software product aimed at letting people share and exchange content online. The company was co-founded by Dave Vronay (CEO) and Ruben Kleinman (CTO), who previously spent time at Netflix developing that company's movie classification and matching system....Continue →

  • Friday, September 19, 2014

    Colorescience Gets $15M

    Carslbad-based Colorescience, a developer of premium makeup, suncare, and skincare products, said this week that it has raised $15M in a funding round. The Series B funding was led by Longwood Fund, and also included the company's existing investors. The company said $7.5M of that round came from its existing investors, whic include Hale BioPharma Ventures, Split Rock Partners, Merritt Capital Corporation, HealthCare Ventures, Montreux, Domain Associates, and others....Continue →

  • Friday, September 19, 2014

    Cynvenio Biosystems Scores Insurance Reimbursement Win

    Westlake Village-based Cynvenio Biosystems said this week that it has scored a big win for its genomic testing products, with the company's ClearID Breast Cancer test now reimburseable under most health insurance plans. Cynvenio said its cancer therapy blood test is being accepted by Aetna, UnitedHealth Group, Cigna, Assurant, Blue Cross/Blue Shield, Humana, Kaiser Permanente and others....Continue →

  • Thursday, September 18, 2014

    Gem Gets $2M For Bitcoin API

    Venice, California-based Bitcoin startup Gem has raised $2M, to make Bitcoin easier to use for developers, the company said this week. According to Gem, the seed funding came was led by First Round Capital and Tekton Ventures and also included RRE Ventures, MESA+, Amplify.LA, Birchmere Labs, Idealab, ECEG, Partners, Baroda Ventures, Wavemaker Labs, Bitcoin Shop, Inc., Crypto Currency Partners, QED Associates, and Angel investor James Joaquin. Gem is led by Micah Winkelspecht....Continue →

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