Top News

  • Wednesday, February 10, 2016

    Pasadena Angels Release 2015 Investment Totals

    The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies....Continue →

  • Wednesday, February 10, 2016

    Compendia Acquired By Community Investors Inc.

    Escondido-based software developer Compendia, a developer of web portal software for the home builders market, has been acquired by Community Investors, Inc., the two said today. Financial details of the acquisition were not disclosed. Compendia, which was founded in 1999, offers up web-based portals that home builders user to present information, warranties, manuals, and other information to home builders....Continue →

  • Wednesday, February 10, 2016

    Frequency Inks Video News Deal With Newsy

    Los Angeles-based video streaming app and video distribution service Frequency, which is led by Blair Harrison, said today that it has inked a video news deal with millenial-focused video news service Newsy. Financial details of the content licensing deal were not disclosed. Frequency aggregates and distributes video content to mobile and other devices. Harrison previously founded FasTV, and headed up iFILM, which he sold to Viacom back in 2005....Continue →

  • Wednesday, February 10, 2016

    Patch of Land Gets $250M Commit From Loan Provider

    Los Angeles-based real estate lending marketplace Patch Of Land said this morning that it has signed a deal with an un-named East Coast credit fund, to invest $250M in loans on its platform. Patcdh Of Land--which is led by Jason Fritton--said the deal calls for the credit fund to purchase loans in a "forward flow arrangement". Patch of Land provides loans to professional, real estate investors through its marketplace.Continue →

  • Wednesday, February 10, 2016

    Breather Plans Expansion Of On Demand Meeting Rooms To Los Angeles

    Breather, which operates a network of meeting rooms, offices, and other spaces aimed at the flexible work space market, said it plans to expand into Los Angeles this year, as part of a national expansion. The company--which currently operates short term, on-demand meeting spaces in the Bay Area, Boston, New York, Montreal, and Ottawa--said it targets professionals, tech companies, business travelers, remote workers, creatives, and others looking for flexible meeting spaces....Continue →

  • Wednesday, February 10, 2016

    Targus Sold To Senior Lenders In Asset Deal

    Anaheim-based smartphone and computer case and accessory maker Targus Group International, Inc. (TGII) has been sold to a new investor group called Targus International LLC, made of TGII's senior lenders, the companies said Tuesday. The companies said the deal came through a public foreclosure process under the Uniform Commercial Code. The companies said that there are a number of unrelated, legal entities from TGII are filing for prepackaged Chapter 11 bankruptcy....Continue →

  • Wednesday, February 10, 2016

    Apple Music Launches On Sonos

    Santa Barbara-based music system maker Sonos said that it is rolling out Apple Music on its system starting today, letting users stream the entire Apple Music catalog through the company's controllers and speakers. Sonos has been testing support for Apple Music since December through a beta program. The Sonos integration includes support for Apple's "For You" music suggestions, access to curate radio stations, and other Apple Music features.Continue →

  • Wednesday, February 10, 2016

    ViaSat, Eutelsat In Satellite Joint Venture

    Carlsbad-based ViaSat and Eutelsat Communications are in a satellite broadband joint venture in Europe, the two said Tuesday, which will provide high speed Internet services in Europe. The two said they will initially use Eutelsat's KA-SAT high capacity broadband satellite, plus ViaSat's broadband technologies and consumer Internet Service Provider (ISP) business expertise in the venture, to launch a brand new, consumer retail service in Europe....Continue →

  • Tuesday, February 9, 2016

    JPL's New Space Tourism Posters Wow, Inspire

    If anyone has dreams of a future in space, the folks at NASA's Jet Propulstion Laboratory do--so it's not a surprise that JPL has just released a huge collection of retro-inspired, travel posters to such locations as Mars, Venus, Ceres, and other locations in the far off galaxy. NASA's Exoplanet Exploration Program--which is focused on the discovery and understanding of planetary systems around nearby stars--was behind the Exoplanet Travel Bureau posters released in January....Continue →

  • Tuesday, February 9, 2016

    PeeqSee Launches Social Networking App

    Los Angeles-based PeeqSee, a new startup developing social networking and media apps, has launched an app which lets users create interactive, visual posts. The startup--founded by Vacit Arat--lets users posts photos with an interactive component, which unveil additional information when users click on objects in those photos. The company said those "Peeqs" also can direct users to another photo, video, website, message, or video channel....Continue →

  • Tuesday, February 9, 2016

    Semitrex Opens Office In Irvine

    In a bid to tap into the wealth of semiconductor talent in Irvine, Laguna Beach-based Semitrex, a developer of power electronics devices, said it has opened up a new design center in Irvine. According to Semitrex, the new office will help it better tap into the area's skilled engineering resources. The company, led by CEO Michael Freeman, also said it has opened up a new office in Milan, Italy, another location for electronics talent....Continue →

  • Tuesday, February 9, 2016

    Float Selected For E-commerce Accelerator, Commerce.Innovated

    Los Angeles-based mobile credit startup Float, which is developing an iOS app to provide credit to consumers, has been selected as part of the commerce-focused startup accelerator Commerce.Innovated. Commerce.Innovated--which is run by Silicon Valley Bank and MasterCard--is a "virtual accelerator" aimed at helping startups in the commerce area....Continue →

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