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  • Tuesday, August 4, 2015

    Netflix Announces Unlimited Maternity, Paternity Leave

    Movie rental and streaming service Netflix said Tuesday afternoon that it will provide unlimited maternity and paternity leave to its employees, during the first year after a child's birth or adoption. Netflix--which has a significant employee presence in Los Angeles--said the move is part of its move to make sure it can compete for and keep the "most talented individuals in their field"....Continue →

     
  • Tuesday, August 4, 2015

    Heal Expands Into Back To School Physicals, Stitches

    Santa Monica-based Heal, the on-demand, in-home doctor's appointment service, said Tuesday that it has expanded its list of services to back to school physicals, and also will be offering up sutures as part of its menu of services. The startup--led by Dr. Renee Dua--is targeting families with the service, which currently is available in Los Angeles, Orange County and San Francisco....Continue →

     
  • Tuesday, August 4, 2015

    Local ID Boosts Executive Ranks

    Los Angeles-based Local ID has named two new executives, the company said today, as it uses its recent seed funding to boost its executive ranks. Local ID said it has named Mahesh Angadi as Chief Product Officer and Franklyn Farace as its Chief Revenue Officer. Angadi was previously at Omniture, and also served at PubMatic. Farace was previously Vice President, Retail Solutions at Coupons Inc., also also has been at Valassis....Continue →

     
  • Tuesday, August 4, 2015

    Chewse Picks Up $5.9M For Office Catering

    Chewse, a startup which helps companies manage their office food and meal programs--and counts Pivotal Labs, TasteMade, OpenX, Factual, and Big Frame as customers--said it has raised $5.9M in a Series A investment. The company--which got its start in Santa Monica, but has now moved to San Francisco--said the funding came from The Foundry Group, and also included Andy Appelbaum (Seamless), 500 Startups, Galvanize, and Telegraph Hill Capital....Continue →

     
  • Tuesday, August 4, 2015

    Seriously Finds $18M For Mobile Games

    Venice, California- and Helsinki, Finland-based mobile game developer Seriously, the developer behind the title Best Fiends, has raised $18M in a venture funding round, the company said this morning. The Series A funding round was led by Northzone, and also included Korea Investment Partners, Upfront Ventures, Sunstone Capital and Daher Capital. Seriously said it has now raised $28M in funding. The new funding specifically goes to building out the company's production teams and marketing....Continue →

     
  • Tuesday, August 4, 2015

    Interview with Mike Hopkins, ICE Energy


    Santa Barbara-based Ice Energy (www.ice-energy.com) has quietly been working away at developing energy storage systems to help smooth out the demand for energy on the nation's power grid. The company recently landed a major contract from Southern California Edison (SCE) to deploy thousands of the company's "Ice Bear" equipment--enough to store 25.6 megawatts of energy....Continue →

     
  • Tuesday, August 4, 2015

    Somi Data Launches Online Restaurant Ordering Software

    Pasadena-based Somi Data, a new startup developing online ordering software for restaurants, said this morning that it has had its first deployment with Loteria Grill. Financial impact of the win were not disclosed. Somi Data says its online ordering system includes features to help its customers easily manage menu items, integrate with existing POS systems, and more. Somi Data was founded and is led by Justin Agredano.Continue →

     
  • Tuesday, August 4, 2015

    RealtyMogul.com Opens Office In Atlanta

    Los Angeles-based real estate investment marketplace RealtyMogul.com has opened up a new office in Atlanta, as part of an expansion by the company. RealtyMogul.com said the new office will be lead by Chuck Taylor, who was formerly of A10 Capital. Taylor also served at Reynold Capital Group and JPMorgan. RealtyMogul.com operates an online real estate marketplace that connects borrowers with capital from accredited and institutional investors....Continue →

     
  • Tuesday, August 4, 2015

    BlackLine Names New Board Member

    Los Angeles-based financial close software developer BlackLine announed today that it has added Graham Smith, the former CFO of Salesforce, to its board of directors. BlackLine said that Smith was CFO of Salesforce for seven years, taking the company from $750M in annual revenues to more than $5 billion. Smith also was CFO of Advent Software, Vitria Technology and Nuance Communications, and served at Oracle. Smith also sits on the boards of Splunk, MINDBODY, and Xero....Continue →

     
  • Tuesday, August 4, 2015

    Demand Media Names Accounting Head

    Santa Monica-based Demand Media said Monday afternoon that it has named Wendy Voong as the company's new Chief Accounting Officer. Voong was most recently Senior Director, North America Accounting and Reporting for Activision, and also has served at Ernst & Young. Demand Media said Voong was responsible for Activision's SEC reporting and quarterly close cycle.Continue →

     
  • Monday, August 3, 2015

    Soylent Launches New Product With Soylent 2.0

    Los Angeles-based Soylent, the startup which is looking to replace food and eating with an all-inclusive drink that contains 100 percent of the nutrients a human needs without the need for actually eating food, has rolled out a new version of its product it is calling "Soylent 2.0"....Continue →

     
  • Monday, August 3, 2015

    Cylance Secures $42M

    Irvine-based antivirus software developer Cylance has raised $42M in a Series C funding, the company said last week. The funding was led by DFJ Growth, and also included KKR, Dell Ventures, Capital One Ventures and TenEleven Ventures. Cylance says it is using artificial intelligence to predict, identify, and stop cyber attacks on computer endpoints. Cylance is led by former McAfee Global CTO Stuart McClure. DFJ Growth's Mark Bailey joins Cylance's board of directors with the funding round....Continue →

     
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