Friday, April 18, 2014

Bringing The Power Of Mobile To The Construction Industry, With TRUCKAST

Friday, April 18, 2014

When you think about hot sectors for startups, the construction industry is not typically the first place you'd expect. So, we were surprised to learn about the backing that Los Angeles-based mobile app provider TRUCKAST (www.truckast.com) has from investor Gary Winnick (who co-founded Global Crossing). We caught up with CEO Todd Davis to learn why the company and its investors think mobile apps for construction are the next big thing.

What is Truckast?

Todd Davis: Truckast is a new mobile app for the construction industry. Think of us like Uber. We solve the contractor-to-supplier problem, so they know where their stuff is, and they're not paying expensive, skilled labor to stand around waiting for concrete, block, gravel, or other bulk building materials to show up. On the other side of that is manufacturers and suppliers, where we help them figure out what happening with their trucks, so that they are not tying up their trucks and drivers and killing their margins. We solve those issues by taking that enterprise construction data, moving it into the cloud, and delivering it via a mobile app. It's in super contextual format, stunningly displayed, to end users, contractors, as well as manufacturers and suppliers....

 
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T+ink Adds New Board Members

Friday, April 18, 2014

Los Angeles-based T-ink, the developer of conductive ink products led by Gary Winnick, said Thursday that it has added two new board members. The company said it has added John C. Cushman II, the co-chairman of Cushman & Wakefield, to its board, along with Richard Ressler, co-founder of CIM Group L.P. and Orachard First Source Asset Management. Cushman also serves on the National Executive Board of the Boy Scouts of America and is a trustee at the Urban Land Institute; Resller also is founder of Orchard Capital Corp. and sits on the board of j2 Global.

 
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Ixia Plans Restatement Of Two Quarters

Friday, April 18, 2014

Calabasas-based Ixia said late Thursday that its audit committee has determined that its 10-Q quarterly reports for the first and second quarters of 2013 should no longer be relied upon, and that it will restate those two quarters. Ixia--which has been in the midst of combing through its financials due to the sudden departure of its CEO back in October due to the discover that he had fabricated his resume. The company also replaced its CFO last onth. According to Ixia, it will be restating its 10-Q's for the quarters ended March 31, 2013 and June 30, 2013. The company said the corrections are expected to reduce total revenues by approximately $2.0M and $4.5M for those two quarters. The restatements are apparently due to improper accounting for extended maintenance and warranty coverage and professional services.

 
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Thursday, April 17, 2014

ZEFR Names New VPs

Thursday, April 17, 2014

Venice-based ZEFR said Thursday that it has named a new set of VPs. According to the company, it has named Rick Song as its new Global Head of Media Solutions Sales, and named Michael Saperstein as Head of Media Sales (East, Central, Canada). Song was previously Executive Vice President at Clear Channel Media + Entertainment, and Saperstein is a former Vice President from Machinima. ZEFR is venture backed by Institutional Venture Partners (IVP), U.S. Venture Partners, Shasta Ventures, First Round Capital and Richmond Park Partners; the company recently raised $30M in a funding round.

 
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Surf Air Plans Expansion To Lake Tahoe

Thursday, April 17, 2014

Santa Monica-based all-you-can-fly, startup airline Surf Air told its members Thursday afternoon that it will be expanding its coverage, adding service to Truckee / Lake Tahoe on May 2nd. The new expansion follows the company's last route extension, which was to Las Vegas back in February. Surf Air offers up all-you-can fly service between Southern California and Silicon Valley, as well as a number of other locations.

 
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Qualcomm Backs Wireless Software Firm M87

Thursday, April 17, 2014

San Diego-based Qualcomm has invested in wireless network software developer M87, M87 announced this week, as part of a $3M, Series A funding round. M87 is a developer of wireless network infrastructure software aimed specifically at improving the coverage and capacity of current wireless networks. The company said the round also included Chinese hosting provide 21Vianet and angels. Qualcomm's investment came via Qualcomm Ventures. M87 is based in Austin.

 
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CitizenGlobal Powers Crowdsourced Video Platform For Law Enforcement

Thursday, April 17, 2014

Los Angeles-based crowdsourced video startup CitizenGlobal has launched a new platform for law enforcement, allowing users to submit photos and videos to different police departments. According to the firm, it has been working with LA's Sheriff's Department to allow citizens to submit photos and videos of crimes. The new site, LEEDIR, is aimed at collecting eyewitness photos to help solve crimes and for disaster response, and was first imagined by the Los Angeles Sheriff's Department. The site, however, is aimed at all law enforcement agencies in the US.


Currently, the site features an appeal to eyewitnesses of the recent rioting at Santa Barbara's Deltopia, letting people submit their photos and videos from their phone, Instagram, Facebook, or other social feeds to the Santa Barbara County Sheriff's Department. The site says it is aimed at such large scale incidents as the Boston Marathon bombings, or other events where there may have been a huge amount of eyewitness videos and photos that need to be processed.

 
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Novatel Wireless Gets Certifications In North America, EMEA

Thursday, April 17, 2014

San Diego-based wireless hotspot and M2M module developer Novatel Wireless reported yesterday that it has certified its new SA 2100 MiFi M2M device on both Verizon Wireless as well as the Conformite European (CE), Global Certification Forum (GCF) and PTCRB standards in Europe, the Middle East, and Africa. The company said the certification expands its offering both in the US and abroad. Novatel's SA 2100 is aimed at the machine-to-machine (M2M) market, for the telematics and telemetry markets.

 
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Key Information Systems Announces Key Cloud

Key Information Systems, a leading IT systems integrator and Premier
IBM Business Partner based in Agoura Hills, CA, announced the
availability of Key Cloud for users of cloud computing services.

Key's new cloud services are offered in conjunction with colocation,
managed services and Internet connectivity offerings.

To learn more about the Key Cloud, visit the Key Info website or
contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura
Court, First Floor, Agoura Hills, CA 91301, USA, email
pelliot@keyinfo.com or call 1.818.737.2804.

http://www.keyinfo.com


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Wednesday, April 16, 2014

Peregrine Semiconductor Names VP

Wednesday, April 16, 2014

San Diego-based Peregrine Semiconductor said Wednesday that it has named Duncan Pilgrim as its new Vice President of Marketing. According to the company, Pilgrim will head up product marketing and marketing communication initiatives for the company. Peregrine has been at the company since 2010, and previously served at Sequoia Communications, RFMD, GEC Plessey Semiconductor, and Marconi.

 
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Stocktwits Partners With DraftKings

Wednesday, April 16, 2014

San Diego-based Stocktwits, the stock-focused micro messaging service led by Howard Lindzon, said Wednesday that it has linked with fantasy sports site DraftKings.com. Financial terms of the deal were not disclosed. According to the companies, they will partner through the summer with games, including one focused on fantasy golf.

 
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The Young Turks Scores $4M In Funding

Wednesday, April 16, 2014

Los Angeles-based The Young Turks, the online MCN led by Cenk Uygur, said today that it has raised $4M in new funding, from private equity firm Roemer, Robinson, Melville & Co., LLC. TYT offers up politics and news commentary both online as well as through cable television shows. TYT was founded by Uygur after a stint hosting his own show on Sirius Satellite Radio, and later on Current TV.

 
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My Damn Channel Becomes Omnivision Entertainment

Wednesday, April 16, 2014

Web video content provider My Damn Channel--led by Rob Barnett and Warren Chao--has relaunched the company, and changed its name to Omnivision Entertainment, the company recently announced. The company--which has operations in both New York and Long Beach--said the move comes as it is expanding its branded entertainment and talent development efforts. Barnett remains as Founder and CEO, and Chao has become President of the renamed company. The company did not detail any changes in its investors, which have previously included Intuitive Venture Partners, Okapi Venture Capital and Sunshine Wireless Company.

 
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Outspoken Ties With Apple Passbook

Wednesday, April 16, 2014

Los Angeles-based mobile messaging and marketing firm Outspoken, which is led by James Citron, said this morning that it is now supporting Apple's Passbook application with its mobile marketing platform. According to Outspoken, the support means its clients can directly send passes, coupons, gift cards, boarding passes, and more via MMS or SMS text messages. Outspoken, which is backed by Silver Lake Sumeru, helps companies connect with consumers using high volume, text messaging, SMS, and MMS campaigns.

 
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textPlus: Turn Your Amazon Kindle Fire Into A Phone, Today

Wednesday, April 16, 2014

Tired of waiting for Amazon.com to actually release a phone version of the Amazon Kindle Fire? Marina Del Rey-based mobile app developer textPlus said Tuesday that its software can turn existing, Kindle Fire into a phone, using textPlus over WiFi today. textPlus--which is venture backed by Kleiner Perkins Caufield and Byers, Matrix Partners, Upfront Ventures and The Raine Group--offers up a mobile app which lets users send unlimited text messages for free, and also provides low cost, phone calling globally to users. The company has been offering up its mobile apps across iOS, Android, Windows, Nokia, and other connected devices for awhile. The announcement comes as there have been widespread rumors and leaks of an upcoming, Amazon Kindle Fire smartphone.

 
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Novatel Wireless Links With European Distributor

Wednesday, April 16, 2014

San Diego-based wireless, M2M products developer Novatel Wireless said Tuesday that it has linked up with a European distributor, to help establish a "Technical Competence Center" for the company's products in EMEA. According to Novatel Wireless, it has linked up with Simple Solutions (Electronics) Ltd., a technical supplier of M2M cellular products for the fleet, asset, and industrial markets in the United Kingdom. Financial details of the link were not announced. The two said they have been working together for 10 years. Novatel Wireless makes wireless modules for connecting equipment to cellular networks, in addition to its popular mobile hotspot products.

 
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Broadcom Gets Design Win In India

Wednesday, April 16, 2014

Irvine-based chipmaker Broadcom reported a design win in India this morning, saying that its quad-core HSPA+ platform wil be used by Indian mobile device provider Lava International Limited. Financial impact of the win was not disclosed. Broadcom said that Lava will use its quad-core HSPA+ turnkey platform for a new tablet, which incorporates Broadcom's 1.2 GHz quad-core processor, RF transceiver, power management IC, connectivity combo chip and multi-constellation GNSS location chip. Broadcom's chipsets are widely used to implement both phone and tablet hardware designs.

 
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ECJ Assists International Client with Facebook Agreement

Ervin Cohen & Jessup LLP (“ECJ”) acted as California counsel for Ascenta
(UK) Limited in the March 2014 acquisition by Facebook’s Connectivity Lab
of Ascenta's team and know-how responsible for the development of
solar-powered drones. According to news reports, Facebook hopes to use
high-altitude long-endurance air crafts to bring Internet service to the 5
billion people who currently lack it.

ECJ's partners Randy Leff and Ken Luer worked with Ascenta's London-based
counsel, the law firm of Addleshaw Goddard LLP, and Alan Rajah of Lawrence
Grant Chartered Accountants, with respect to U.S. intellectual property law
and California legal issues related to the transaction.

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Tuesday, April 15, 2014

Pixels.com Launches Image Licensing Marketplace

Tuesday, April 15, 2014

Santa Monica-based Pixels.com said Tuesday that it has launched a new, imaging licensing marketplace aimed at helping photographers set their own pricing for their images. The startup--founded by serial entrepreneur Sean Broihier--said that it is looking to give better options to photographers for selling their images. The company is looking to take advantage of the discontent that some photographers have expressed with the recent move by Getty Images to let online websites embed their photos, without those photographers receiving compensation. Pixels.com said that other sites like Getty Images and Shutterstock are dictating low prices to photographers, and only provide something like 20 percent of sales to photographers when sales are made. Broihier is a serial entrepreneur, who is also behind online art site FineArtAmerica.com.

 
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Factual Extends Hotel Information

Tuesday, April 15, 2014

Los Angeles-based Factual said Tuesday that it has extended outs its information about hotels, expanding its dataset from 98,000 hotels to a total of 145,000 hotels. According to Factual, the move also is "perfectly synchronized" with the company's US Places data, the company's giant database of geolocation and business information.

 
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TigerText Expands Board

Tuesday, April 15, 2014

Santa Monica-based secure messaging service provider TigerText said Tuesday that it has named three new board members at the company. The company said it has added Shasta Ventures' Sean Flynn, Orbimed's Steve Yecies, and New Leaf Ventures' Vijay Lathi to its board of directors. TigerText, which is led by Brad Brooks, said the new board members will bring a wealth of startup experience to the company. Flynn also sits on the board of ZEFR, and led Shasta's investment in DollarShaveClub. Yecies was the founder of Chronic Health Capital, and Lathi also sits on the boards of Awarepoint, iRhythm Technologies, among other companies.

 
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USC, USA Today Partners On New Online Sports Site

Tuesday, April 15, 2014

In an unusual method of launching a new, online publication, the USC Marshall School of Business and USA TODAY said this morning that the two have linked up to create a new, online publication covering the business of sports, called Fields of Green. According to USC Marshall's Sports Business Institute, and USA TODAY Sports Media Group, the new online publication will provide daily content on breaking news, current events and ongoing topics in the sports industry, including media trends, emerging technologies, new venues, sponsorship deals and marketing campaigns impacting the sports world. Financial details of the deal were not announced.

 
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Tikr Looks To Keep You Up On What's Next

Tuesday, April 15, 2014

Do you feel like you're always behind on what's next--that next iPhone release, movie, or trending topic? A new startup, Tikr, has been offering up a mobile app to make sure you're never behind on following what's next. The startup--founded by Nick La Maina, Kurt Braget, and Kevin Donovan--says its tool is designed to bringing information on future releases and upcoming events to communities of people very soon. The company explains it brings simple, powerful communication and sharing tools to users and organizations of any size, with an intent to connect those folks to fast, breaking updates. The company is seed funded by the co-chair of Lionsgate. Top on the company's own list of what's next: a new release, due out any day now, which further improves the tool.

 
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Ixia Aims At Heartbleed Protection

Tuesday, April 15, 2014

Calabasas-based network testing equipment maker Ixia is targeting users in need of testing of the Heartbleed OpenSSL security issue, saying Monday that it has released an update to its software to help customers test for OpenSSL vulnerability. Ixia said its Application and Threat Intelligence (ATI) team is now able to simulate exploitation of the OpenSSL vulnerability with an update to its program, helping companies to address the security issue.

 
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Zya Sees Big Bump In Downloads

Tuesday, April 15, 2014

Mobile music game Zya, which was developed by Calabasas-based Music Mastermind, has now been downloaded more than 350,000 times, according to the app developer, up dramatically from the 250,000 downloads the company had reported right before SxSW. According to the company's spokesperson, the numbers are an indication of the company's momentum. Zya was developed by former Virgin Records CEO Matt Sertelic and Bo Bazlevsky, and is venture backed by Intel Capital, Liberty Global, and Shea Ventures. Zya's app revolves around letting mobile users create their own songs.

 
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Stubbs Alderton & Markiles, LLP Expands Santa Monica Office

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Monday, April 14, 2014

Expose Takes Aim At Cool Planet's Mike Cheiky

Monday, April 14, 2014

A new expose from The Verge--published Monday--has taken aim at Mike Chieky, the founder of three of the Southern California clean technologies companies to gain the most venture capital in this region in recent years: Cool Planet, ZPower, and Transonic Combustion--and called him "too good to be true". According to the article, Chieky is an "egotistical genius" who convinced venture capitalists to invest in his "shoddy science". Chieky's companies have raised funding from such top tier investors as Google Ventures, Kleiner Perkins Caufield & Byers, General Electric, Venrock, Khosla Ventures, and others. Cool Planet just raised a giant, $100M round for its biofuel technology, which it says provides carbon negative biofuels.

 
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Maker Studios Disney Deal Approved

Monday, April 14, 2014

Los Angeles-based Maker Studios said Monday that its deal to be acquired by Disney has been approved by Maker's board of directors and majority of shareholders, and is expected to close next week. The announcement came on reports that Beverly Hills-based Relativity Media was seeking to buy Maker Studios for nearly $1.1 billion, split between $525M in cash and stock, plus up to $500M in performance bonuses and another $75M in retention. Disney is paying up to $950M in a combination of cash and earn out for Maker Studios.

 
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Boingo Wins Utah Jazz Venue

Monday, April 14, 2014

Los Angeles-based wireless provider Boingo Wireless reported a win today with EnergySolutions Arena, the home of the Utah Jazz, saying it will provide its wireless and distributed antenna system (DAS) services at the location. Financial impact of the win was not disclosed. Boingo said it will upgrade and manage a neutral host network at the 20,000 seat location, which hosts more than 100 sports and entertainment events each year.

 
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Storefront Expands Popup Marketplace To LA

Monday, April 14, 2014

Storefront, which operates an online marketplace for pop-up storefronts--those ubiquitous, limited time retail stores--has opened up its service in Los Angeles, after raising $7.3M in funding. The San Francisco a startup said Los Angeles is the third market for the company, which allows property owners to offer up their retail space to people who want to put up a "popup" retail location, and also helps to smooth out things with liability insurance, marketing and promotion, education, and more on running a popup. The funding came from Spark Capital, as well as SV Angel, Gary Vaynerchuk, Nas, Troy Carter, Vikram Pandit (Citigroup), and Tom Glocer (Thomson Reuters), Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, and AngelPad.

 
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Broadcom Gets Design Win With Robotic Sprinkler

Monday, April 14, 2014

In what looks to be a more unusual design win for Irvine-based Broadcom, the company reported a design win today for its low power applications processor: as part of a "robotic sprinkler system" from company Droplet. Broadcom said its low power, BCM2835 chip is being used as part of the Droplet Robotic Sprinkler, which uses weather stations, soil samples, and plant information to make decisions on how much and where to water. Droplet's product provides functions typically found in water timers, smart irrigation controllers, and sprinkler heads.

 
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Vitesse Gets Federal Security Cert

Monday, April 14, 2014

Camarillo-based chipmaker Vitesse said today that its 1 Gigabit Ethernet and 10 Gigabit Ethernet PHY chips have receveived the federal FIPS security cirtification, allowing its chips to be used as part of secure IT products. Vitesse said its chips now meet Federal Information Processing Standard (FIPS) 197 256-bit AES encryption certification requirements, which specifies approved cryptographic algorithms to protect data, required by the U.S. National Security Agency for highly sensitive data protection. Vitesse said its chips are being aimed at the carrier, enterprise, and internet-of-things market.

 
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Novatel Wireless Gets European Win

Monday, April 14, 2014

San Diego-based Novatel Wireless reported a win this morning in Europe for its wireless communications products, as part of a usage-based insurance product from Chipin B.V.. Novatel Wireless said it will supply its MT 3060 and N4A Device Manager products to help with mobile tracking systems from Chipin. Those devices plug into automobiles to help track driver behavior, speed, location, and more for usage-based insurance. Financial impact of the win was not announced.

 
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MaxLinear Scores Win In China

Monday, April 14, 2014

Carlsbad-based radio frequency chip developer MaxLinear said this morning that it has scored a design win in China, with Shenzhen Skyworth Digital Technology Co. Ltd.. MaxLinear said its digital cable front-end receivers are being used for a new DOCSIS 3.0 consumer premise equipment (CPE) product from Shenzhen. Expected shipping volumes were not announced. Skyworth's high speed, data cable modems are used for residential and small office applications. MaxLinear's ML261 is a low power, CMOS RF chip used in broadband cable applications.

 
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SoCal IP Law Group LLP - Serving the IP Needs of Business

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


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Key Information Systems Announces Key Cloud

Key Information Systems, a leading IT systems integrator and Premier
IBM Business Partner based in Agoura Hills, CA, announced the
availability of Key Cloud for users of cloud computing services.

Key's new cloud services are offered in conjunction with colocation,
managed services and Internet connectivity offerings.

To learn more about the Key Cloud, visit the Key Info website or
contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura
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Key Information Systems Announces Key Cloud

Key Information Systems, a leading IT systems integrator and Premier
IBM Business Partner based in Agoura Hills, CA, announced the
availability of Key Cloud for users of cloud computing services.

Key's new cloud services are offered in conjunction with colocation,
managed services and Internet connectivity offerings.

To learn more about the Key Cloud, visit the Key Info website or
contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura
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Friday, April 11, 2014

Report: Tinder Now Valued Over $5 Billion

Friday, April 11, 2014

Los Angeles-based Tinder, the mobile dating app developer led by Sean Rad, is now worth over $5 billion, according to a report Friday from Bloomberg. Bloomberg said that IAC recently bought 10 percent of Tinder from venture capitalist Chamath Palihapitiya, for $500M. Bloomberg cited "people with knowledge of the deal." IAC"s Barry Diller said that investors have been "banging through our doors" trying to buy a piece of Tinder. A valuation of $5 billion puts Tinder's worth above the $3 billion offer that Snapchat rejected last year from Facebook.

 
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Kyocera Consolidates Operations Into San Diego

Friday, April 11, 2014

Kyocera said Thursday that it is consolidating two of its North American business units into a single location in San Diego. According to Kyocera, it has consolidated the North American sales and technical operations of Kyocera SLC Technologies Corporation and Kyocera Circuit Solutions USA into the Organic Products Sales Group of its San Diego-based Kyocera America unit. Kyocera SLC Technologies (KST) is a provider of organic flip-chip ball-grid-array substrates used in high-end application-specific integrated circuit applications. Kyocera Circuit Solutions is the former NEC Toppan Circuit Solutions, a provider of multlayer PCBs. The impact on Kyocera's local employment and employee base in San Diego was not announced.

 
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SecureAuth Names Marketing VP

Friday, April 11, 2014

Irvine-based SecureAuth, which provides two-factor authentication software, hsa named Darin Pendergraft as its new Vice President of Marketing, the company said this week. Pendergraft was most recently at Oracle, and had also served at Quest Software (which is now part of Dell). According to the company, he was most recently driving marketing strategy for Oracle's Identity management products.

 
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Safire Partners Executive Search

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Binary Pulse Technology Marketing. We Create Demand.

Binary Pulse Technology Marketing
We Create Demand for California's Technology Companies

For more than ten years, dozens of Southern California's industry-leading
tech firms have turned to Binary Pulse for their demand-generating
strategies and programs.

Our services include:

-- Demand Generation Planning and Execution
-- Channel Program Development
-- Lead Capture and Management
-- Web Site Development & Search Engine Marketing
-- Corporate and Product Branding
-- Online Integration Strategies
-- Reseller Recruitment
-- Multimedia Presentations
-- Social Media Marketing

Please visit us at http://www.binarypulse.com
to learn more or give us a call at 949-336-7400.


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">http://www.sycr.com)


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La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator

Local branding agency launches a new design-centric accelerator program. We
help you streamline the launch of your startup by offering world-class
branding, product strategy, user-experience design, rapid-prototyping
technology, mentorship, and access to early stage investment all under one
roof! Contact us to setup a meet and greet today.

Contact:
Braven Greenelsh
CEO

braven@lavisual.com
info@lavisual.com

Direct: 323-924-8847 | Studio: 818-824-6430 | Fax: 888-763-7412

Website:
Lavisual.com

Linkedin Profile:
www.linkedin.com/in/braven


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UK Trade & Investment (UKTI)

Part of the UK government’s commercial arm, UK Trade & Investment (UKTI)
helps American companies bring their high-quality investment to the UK's
dynamic economy, acknowledged as Europe's best place from which to succeed
in global business. We also help UK-based companies succeed in the global
economy. UKTI offers expertise and contacts through its extensive network
of specialists in the UK, and in British embassies and other diplomatic
offices around the world. We provide companies with the tools they require
to be competitive on the world stage. Our team in the United States works
to promote UK-US trade and investment through our offices at the British
Embassy in Washington as well as the British Consulates General in
Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York and San
Francisco.

Learn more at:
https://www.gov.uk/government/world/organisations/uk-trade-investment-in-the-usa


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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.

Contact:

John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454
johnhuttinger@pacificunified.com


Thursday, April 10, 2014

Gores Group Invests In Tweddle

Thursday, April 10, 2014

Los Angeles-based private equity investor Gores Group said Thursday that it has invested in Tweddle, a major provider of publishing and technology for the automotive OEM and supplier market. Financial details of the investment were not disclosed. Tweddle provides owner's anse service manuals to OEMs using its technology. Tweddle is based in Clinton Township, Michigan. The company handles both collecting automotive information from designers and OEMs, but also managing product change processes, delivering that data both in paper and electronic form, as well as populating e-commerce websites.

 
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