Top News

  • Friday, May 22, 2015

    Companion Medical Raises $3M For Bluetooth-Enabled Insulin Delivery System

    San Diego-based Companion Medical, a developer of a Bluetooth- and smartphone app-enabled insulin delivery system for diabetics, has raised $3M in a Series B funding, the company said this week. The funding came from Eli Lilly & Company. Companion Medical, which is led by Sean Saint, develops an "insulin pen" which is Bluetooth enabled, and connects to a smartphone app, to deliver insulin to patients when needed.Continue →

     
  • Friday, May 22, 2015

    DIRECTV Launches Streaming TV App For Kids

    El Segundo-based satellite television service DIRECTV has launched a new, iOS application which lets kids view its content for free on their iOS device--as long as families are already subscribers to the service. According to DIRECTV, its new DIRECTV Kids App runs on the Apple iPhone and iPad, and lets children stream hundreds of children's shows and kid-friendly movies anytime, at no extra charge....Continue →

     
  • Friday, May 22, 2015

    RealD Files Patent Infringement Suit In Europe

    Los Angeles-based 3D movie projection technology developer RealD has filed a patent infringement suit in Paris, saying that a 3D manufacturer and cinema operator are infringing upon a European patent. RealD did not name the manufacturer and cinema operator. The company said the lawsuit was filed with the Paris First Instance Court, and covers European patent
    patent No. 2067066, entitled "Polarization Conversion Systems for Stereoscopic Projection". That patent was issued in ovember of 2014....Continue →

     
  • Friday, May 22, 2015

    Demand Media Shuffles Execs

    Santa Monica-based Demand Media has had another shuffle in its executive ranks, saying late Thursday that it has named Brian Pike, currently its Chief Technology Officer, to the role of Chief Operating Officer. In addition, Demand Media said that Julie Campistron, who had been Executive Vice President, Media, will step down from the company, with Scott Boecker, Executive Vice President, Marketplaces, also leaving the company....Continue →

     
  • Friday, May 22, 2015

    Core Innovation Capital Backs Ripple Labs

    Los Angeles-based fintech venture investor Core Innovation Capital has made another investment, this time in San Francisco-based payment technology developer Ripple Labs. Ripple announced the investment earlier this week, saying it had raised $28M for its real time payments technology for the finance and banking industry....Continue →

     
  • Thursday, May 21, 2015

    Frost Data Capital Backs Maana For Big Data Search

    San Juan Capistrano-based Frost Data Capital, the investment and incubation effort led by Stuart Frost, has backed Maana, the developer of a big data search engine technology. Maana said Wednesday that it raised $14M in a funding round, which came from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data Capital, GE Ventures, and Intel Capital. Maana is based in Silicon Valley....Continue →

     
  • Thursday, May 21, 2015

    TrueCar Sued By California Car Dealers

    Santa Monica-based TrueCar has been sued by a group of California car dealers, via the California New Car Dealers Association, which alleges that the auto buying site is noncompliance with California's laws regarding dealer licensing. The California New Car Dealers Association says that TrueCar is acting as a dealer and broker of new cars, and that as a result it is violating California law....Continue →

     
  • Thursday, May 21, 2015

    Ixia Partners On Automotive Networking Testing

    Calabasas-based network measurement equipment and software developer Ixia is in a partnership to provide Ethernet validation and conformance testing for the automotive industry, according to the company. Ixia said it has partnered with C&S Group on the effort to safeguard, validate, and optimize automotive Ethernet communications. Ixia said that Ethernet networking is quickly becoming the standard being used for in-vehicle communications....Continue →

     
  • Thursday, May 21, 2015

    Kofax Wins $1.2M Deal

    Irvine-based Kofax reported a $1.2M win Wednesday with a global engineering, architecture, and environmental firm. The name of the customer was not disclosed. Kofax aid its customer is using its products to automate it human resources onboarding and change request processes, and will modernize its accounts payable processing and handling of more than 140,000 invoices per year....Continue →

     
  • Thursday, May 21, 2015

    Sonos Expands In Seattle

    Santa Barbara-based Sonos is expanding its footprint, saying that it is opening up a new office in Seattle, Washington. Sonos said the new office will let it tap into both music and technology talent in the Pacific Northwest. The company now has offices in Santa Barbara, Boston, Seattle, The Netherlands, France, Germany, Denmark, The United Kingdom, and China. Sonos develops popular whole-home, audio streaming systems.Continue →

     
  • Wednesday, May 20, 2015

    USC At Center Of Alleged Chinese Espionage Ring

    In some unwelcome news, the University of Southern California looks to be the center of an alleged Chinese spying ring, formed by three former graduate students from the school's electrical engineering school. According to the U.S. Department of Justice, it has charged six defendants with economic espionage and theft of trade secrets, which benefited the People's Republic of China....Continue →

     
  • Wednesday, May 20, 2015

    SV Angel's David Lee Resigns To Spend More Time In LA

    Venture capitalist David Lee, who was Managing Partner of seed and angel investing fund SV Angel, one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. According to a memo leaked from the firm, Lee has decided to spend more time with his wife, children, and extended family in Los Angeles. The memo went out to the fund's Limited Partners, founders, and partners on Tuesday....Continue →

     
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