Top News

  • Friday, July 25, 2014

    Brain Corporation Taps Qualcomm Exec For Board

    San Diego-based Brain Corporation, a company which is developing an operating system for robots, said this week that it has added former Qualcomm President and Vice Chairman Steve Altman to its board--and also revealed that it is getting the support and backing of Qualcomm itself in its efforts....Continue →

  • Friday, July 25, 2014

    Factual Rolls Out Trusted Data Contributor Program

    Los Angeles-based data startup Factual, which owns a giant "database in the sky" of things like geolocation data and retail business location information, has launched a new program to allow "trusted data contributors" to ensure data in its data stores are correct. The company said the limited number of providers have been vetted and will help make sure business data in its database is up to date and correct....Continue →

  • Friday, July 25, 2014

    eHarmony: Subscriber Numbers Hit Record

    Santa Moica-based matchmaking site eHarmony said today that it has hit a record breaking number of subscribers, thanks to the return of founder Dr. Neil Clark Warren two years ago. The service said it has seen a 54 percent growth in subscribers since Warren's return, which the company said came after a "serious decline" due to its prior management team. eHarmony did not report on the exact number of subscribers using the service now....Continue →

  • Friday, July 25, 2014

    TigerText Lands Community Health System Operator

    Santa Monica-based TigerText, the developer of secure, real-time messaging apps and software aimed at the healthcare and enterprise markets, reported a win with a community health system which operates 58 hospitals across 20 states. TigerText reported that Fauquier Health, which is part of LifePoint Hospitals, has selected its secure messaging platform and application for internal communications, access to on-call schedules, and more. Financial impact of the win was not disclosed....Continue →

  • Thursday, July 24, 2014 Launches New iPad App

    Los Angeles-based, which runs an online art and photography marketplace which delivers framed prints, canvas, greeting cards, and other products to consumers, said this week that it has launched a new iPad App. The company said that the free app lets users browse artwork, and even lets users preview what those images would look like on the walls of their homes. Pixels....Continue →

  • Thursday, July 24, 2014

    Fullscreen In Talks To Sell Itself To Otter Media, Says Report

    Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media, the joint venture between AT&T and The Chernin Group, according to reports. The deal is reportedly worth between $200M and $300M. The Chernin Group is already part owner of Fullscreen, having backed the company in prior venture rounds. Fullscreen is led by George Strompolos. Fullscreen's other backers are Comcast Ventures and WPP....Continue →

  • Thursday, July 24, 2014

    Pipeliner CRM's Nikolaus Kimla On Moving to LA, Sales Entrepreneurship

    Southern California has a growing number of companies in the customer relationship management area, including a fairly new company in the area, Pipeliner CRM ( The company--which originally started in Austria--set up shop here two years ago to further expand its footprint in the US, and most recently hired away the entire Los Angeles marketing team of crosstown CRM software developer Nimble....Continue →

  • Thursday, July 24, 2014

    Simulations Plus Acquires Cognigen

    Lancaster-based Simulations Plus, which develops simulation and modeling software for the pharmaceuticals industry, said late Wednesday night that it has acquired Cognigen Corporation, a provider of clinical trial data analysis software. Simulations Plus said it will pay $7M for Cognigen, split between $2.8M in cash and $4.2M in stock.
    Cognigen will become a wholly owned subsidiary of Simulations Plus, and continue to operate under its own name....Continue →

  • Thursday, July 24, 2014

    Qualcomm Launches $150M Venture Fund In China

    San Diego-based Qualcomm said late Wednesday that it has launched a new, $150M strategic venture fund in China, which will invest in Chinese companies working on mobile technology. Qualcomm said the new fund--being managed by Qualcomm Ventures, its venture capital arm--will invest in companies in the area of the Internet, e-commerce, semiconductors,and education and health. Qualcomm says it has been investing in China for more than 10 years.Continue →

  • Thursday, July 24, 2014

    Underground Solutions Raises $45M, Acquires Company

    Poway-based Underground Solutions, Inc. (UGSI), a developer of water and wastewater infrastructure and technology, has raised $45M in a financing round, and acquired another company in the water industry. According to UGSI, it raised $30M in a Series C funding, with an option for an additional $15M in funding from Riverwood Capital. The company said it will use a portion of that funding to acquire water treatment technology developer Process Solutions, Inc....Continue →

  • Thursday, July 24, 2014

    DTS Wins Trio Of Brands For Play-Fi

    Calabasas-based audio enhancement technology developer DTS said this morning that a trio of audio brands--McIntosh, Sonus Faber, and Wadia--have begun to use the company's Play-Fi wireless, whole home audio technology. DTS said the move comes thanks to a deal with audio systems and speaker developer Fine Sounds Group. Financial details of the win were not disclosed....Continue →

  • Thursday, July 24, 2014

    RealD Names General Counsel

    Los Angeles-based 3D technology developer RealD said Wednesday afternoon that it has named Vivian Yang as Executive Vice President and General Counsel. According to RealD, Yang will head up both the company's Legal and Human Resources departments. Yang was previously SVP and GEneral Counsel for CityGrid Media, and also served at Time Warner, eCompanies Wireless, Sony Pictures, and Latham & Watkins. RealD is a developer of 3D movie projection equipment and technology....Continue →

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