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  • Wednesday, July 23, 2014 Launches New Site For Alternative Investment

    Los Angeles-based crowdfunding technology developer said Wednesday that it has launched a new site, INVST, a new network for institutional-quality alternative investment funds. said that it has partnered with Carillon Capital, LLC--run by former E*TRADE Financial executives--on the site. Carillon Capital is led by Steve Dervenis and Rob Snow. Dervenis was previously CEO of E*TRADE Global Asset Management. Invested....Continue →

  • Wednesday, July 23, 2014

    Qualcomm Backs Korean Delivery Service Naldo

    San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, has invested in a Korean "instant delivery" startup Naldo, in a Series A funding. The funding came from both Qualcomm Ventures and Softbank Ventures Korea. Financial details of the funding were not disclosed. Naldo offers up a service for Korean consumers and businesses, letting them order products and receive them in only a few hours using local couriers....Continue →

  • Wednesday, July 23, 2014

    Edgewave Raises $6M For Cybersecurity Efforts

    San Diego-based Edgewave, a developer of cloud-based, cybersecurity tools, has raised $6M in a Series A funding, according to the company. The funding came from TVC Capital, the private equity investor which focuses on software and software-enabled service firms. Edgewave is led by Mike Walls, who most recently was in charge of the U.S. Navy's global cybersecurity operations. According to EdgeWave, the funding will go towards supporting Edgewave's military-grade enterprise security capabilities....Continue →

  • Wednesday, July 23, 2014

    Microsemi Buys Mingoa

    Aliso Viejo-based semiconductor maker Microsemi has acquired Cork, Ireland-based Mingoa, a developer of semiconductor IP focused on accelerated, real-time Ethernet. Financial terms of the buy were not disclosed. According to Microsemi, it will use the buy to enhance its capabilities in the Carrier Ethernet area. Mingoa was founded in 2009, and had been targeting such areas as enterprise carrier Ethernet, mobile/small cell backhaul, and data centers with its technology....Continue →

  • Wednesday, July 23, 2014

    Lionsgate Invests In Finnish Game Developer

    Santa Monica-based entertainment company Lionsgate has made an investment in a Finnish game developer, Next Games, as part of a strategic partnership, the studio said this morning. According to Lionsgate, the investment comes as part of an extended Series A financing round for Next Games. Size of the investment was not disclosed. Next Games is made up of veterans from Rovio, Supercell, and Disney, and is developing mobile games, including a title around the TV series The Walking Dead....Continue →

  • Wednesday, July 23, 2014

    BlackLine Systems Names New CTO

    Los Angeles-based financial software developer BlackLine Systems said today that it has hired a new, Chief Technology Officer. According to the enterprise software company, it has named Alain Avakian as its CTO. Avakian joins the company from, where he had been for thirteen years; he had been one of the first employees of, having been at the company both through its acquisition by eBay and its acquisition by TPG/RentPath. He also has served at such companies at Stamps....Continue →

  • Wednesday, July 23, 2014

    Fandango Launches New Amazon Fire Phone App

    Los Angeles-based movie ticketing site and service Fandango said late Tuesday that it has launched a new app, this time on Amazon's new Fire Phone. The app--like the company's other mobile apps--offers up movie discovery and movie ticketing. Fandango said the app has been customized for Amazon's Fire Phone, taking advantage of a number of custom features that has been pushing with the device....Continue →

  • Wednesday, July 23, 2014

    Levine Leichtman Buys FASTSIGNS

    Los Angeles-based private equity investor Levine Leichtman Capital Partners announced Tuesday that it has acquired FASTSIGNS International, a franchisor in the custom sign and graphics industry. Financial terms of the buy were not disclosed. Levine Leichtman said the acquisition came in a partnership with the management of the company, which has nearly 550 franchise locations. FASTSIGNS helps companies create signs, floor and window graphics, vehicle signs, and much more....Continue →

  • Wednesday, July 23, 2014 Names CFO

    Santa Monica-based, the custom-branded, reloadable debit card provider, said today that it has named Josh Flowers as the company's new Chief Financial Officer. Flowers joins the company after 14 years working at investment banking firms Rothschild and Goldman Sachs. According to, the company now has over forty employees, up significantly from the two founders less than three years ago. is led by Ben Katz....Continue →

  • Wednesday, July 23, 2014

    Teledyne Bolsters Board

    Thousand Oaks-based Teledyne Technologies, the diversified electronics, software, aerospace, defense, and other products company, said today that it has named Jane C. Sherburne to the company's board of directors. Sherburne is the former Senior Executive Vice President, General Counsel and Corporate Secretary of The Bank of New York Mellon Corporation....Continue →

  • Tuesday, July 22, 2014

    Factual Ties With StrikeAd

    Los Angeles-based geolocation data provider Factual has tied with programmatic advertising firm StrikeAd, the two recently announced, to use Factual's data on a global basis. StrikeAd--which had already been using Factual's data in the US--said the move will help European and Asian clients use the location-based targeting capabilities Factual provides via its Geopulse Audience and Geopulse Proximity products....Continue →

  • Tuesday, July 22, 2014

    PK4 Media Buys Prosperio

    El Segundo-based PK4 Media, which develops adveriting technology, said this morning that it has acquired Santa Monica-based Prosperio, a developer of a programmatic direct platform for the display and video ad market. Financial terms of the merger were not disclosed. PK4 Media said it has acquired Prosperio's programmatic direct platform, and will make that platform available later this year....Continue →

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