• Tuesday, June 30, 2015

    Chrome River Finds $100M In Funding

    Los Angeles-based enterprise software maker Chrome River, which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding came from Great Hill Partners. Chrome River said it will use the funding to accelerate global growth and support product innovation....More →

     
  • Tuesday, June 30, 2015

    Nativo Raises $20M For Native Advertising

    Los Angeles-based Nativo the native advertising technology developer led by Justin Choi, said Tuesday morning that it has raised $20M in a Series B funding round. The funding was led by Advance Vixeid Partners (AVP), and also included RezVen Partners and the company's other existing investors. Nativo said it will use the new funding to scale its operations. The funding now brings its total raised to $31.2M....More →

     
  • Tuesday, June 30, 2015

    Inari Medical Finds $12.4M

    Irvine-based medical device developer Inari Medical has raised $12.4M in a Series B funding, the company announced this morning, for its efforts to develop medical devices for the vascular thrombus and emboli. The funding came from Versant Ventures and US Venture Partners, both of which are existing investors in the company. Inari also said tun-named, medical device industry veterans also joined in the round. Inari Medical is led by Bill Hoffman.More →

     
  • Tuesday, June 30, 2015

    Quarterly Gets Funding From Science

    Los Angeles-based subscription box service Quarterly, which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc.. Size of the investment was not disclosed. The two said they will also partner to leverage Science's growth engine and business strategy expertise, as well as tap into Science's network of influencers....More →

     
  • Tuesday, June 30, 2015

    Semtech Sees First Low Power Networking Chip Deployment

    Camarillo-based Semtech said today that it has seen its first deployment of its low power, wide area networking chipsets in North America, via network-as-a-service provider Senet. According to Semtech, Senet has deployed 50 towers with a network coverage of more than 15,000 square miles, using Semtech's LoRa technology, for an Internet-of-Things application. Semtech's technology is initially being used by a utility delivering propane and heating fuel....More →

     
  • Tuesday, June 30, 2015

    Linksys Ships New High Gain Wi-Fi Antennas

    Irvine-based Linksys, the unit of Belkin which develops home and business networking equipment, said today that it has launched a new, high gain antenna for Wi-Fi networks. The company said its new, dual-band, omni-directional antennas help provide roughly 2 times the performance over stock antennas on most wireless routers. The new antennas--which provider 4dBi gain in 2.4Ghz and 7dBi in 5Ghz--are aimed at use at the edge of Wi-Fi networks, and simply replace a router's existing RP-SMA antenna....More →

     
  • Tuesday, June 30, 2015

    AnaptysBio Names Board Members

    San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it hass named two new board members. AnaptysBio said it added Hollings Renton--the former CEO and president of Onyx Pharmaceuticals-- and John Schmid--former CFO of Auspex Pharmaceuticals--to add strategic plannning and corporate finance exertise to the company's board....More →

     
  • Monday, June 29, 2015

    Ixia Expands Board

    Calabasas-based Ixia, which provides network and application performance testing hardware and software, said Tuesday that it has expanded its board of directors. The company said that Ilan Daskal, who is the Executive Vice President and CFO of Cepheid, will join the company and head up its audit committee. Daskal also has served as CFO of International Rectifier, and also at Infineon Technologies AG, among other companies.More →

     
  • Monday, June 29, 2015

    Cast & Crew Acquired by Silver Lake

    Burbank-based Cast & Crew Entertainment Services, a provider of technology and payroll services to the entertainment industry, said today that it has acquired by private equity investor Silver Lake. Financial terms of the buy were not disclosed. Cast & Crew was owned by ZM Capital, and offers up technology-enabled production accounting and related value-added services to the entertainment industry. Cast & Crew was advised by Moelis & Company LLC, Morgan Stanley & Co....More →

     
  • Monday, June 29, 2015

    SpaceX Sees Catastrophic Failure As Rocket Explodes On Launch

    In a huge blow to what had been an unstoppable local success story, Hawthorne-based rocketship developer SpaceX saw a catastrophic failure on Sunday morning, which resulted in the explosion and destruction of what would have been the seventh mission to resupply the International Space Station.
    The SpaceX Commercial Resupply Services (CRS-7) mission was to have deliver supplies and cargo to the ISS. Instead, the SpaceX vehicle--and its entire payload--exploded only a few minutes after liftoff....More →

     
  • Monday, June 29, 2015

    CapLinked Adds Live Document Editing

    Los Angeles-based CapLinked, which develops virtual data room software for managing deals, said last week that it has launched a new, Live Document Editing feature for its software. The company said the new feature lets users update and edit all of their documents while working within the software. CapLinked's software is used to manage and organize due diligence and other deal paperwork for financing and other transactions....More →

     
  • Monday, June 29, 2015

    Aerie Pharmaceuticals Bolsters Board

    Irvine-based Aerie Pharmaceuticals said today that it has named two new members of its board of directors. The company--which is developing treatments for glaucoma--said it has added Julie McHugh and Michael M. du Toit to its board. McHugh was previously COO of Endo Health Solutions, and also served as an executive at Nora Therapeutics, Johnson & Johnson, and Centocor, and sits on the boards of EPIRUS Pharmaceuticals, Inc., Ironwood Pharmaceuticals, Inc....More →

     
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