• Friday, July 31, 2015

    Jukin Media Snags $2M From Samsung

    Los Angeles-based Jukin Media, the viral, user-generated video clearing house, has raised $2M in a funding round from Samsung Venture Investment Corporation, according to the company. Jukin said it will use the funding to give it "financial flexibility" and growth. Jukin's other investors are BDMI, Maker Studios, Karlin Ventures, Peter Guber, Allen DeBevoise, Richard Wolpert, Brad Zions, Canyon Creek Capital, Kombo Ventures, and Launchpad LA....More →

     
  • Friday, July 31, 2015

    WEVR Gets $10M From HTC For Virtual Reality Tools

    Los Angeles-based WEVR, which is developing virtual reality capture tools, has raised $10M in funding from HTC, HTC said Thursday. HTC said the investment vies it 15 percent of WEVR. HTC said that it paid $5.7782 per share for 1,730,642 shares of WEVR's Series B preferred stock. WEVR is led by Neville Spiteri, who previously was CEO of online interactive digital studio Wemo Labs, which was behind the online interactive title TheBlu.More →

     
  • Friday, July 31, 2015

    Thrive Market Finds $30M For Online Healthy, Natural Food and Products

    Los Angeles-based Thrive Market, which operates an online, membership-only health food service, has raised $30M in a funding round, the company said this week. The funding was led by Greycroft Partners, and also included Scripps network, Powerplant Ventures, and angels. Thrive Market offers up health food, bath and body products, kids and baby products, hoem goods and more on its online e-commerce site, with a focus on healthy and natural products....More →

     
  • Friday, July 31, 2015

    FreedomPop Finds $10M More For Free Wireless Service

    Los Angeles-based FreedomPop, the free broadband wireless and cellular services provider led by Stephen Stokols, disclosed Thursday that it has raised $10M more in a funding round. The funding came from Asian mobile carrier Axiata, as well as an un-named technology investor here in the U.S. The funding deal with Axiata includes an agreement to expand FreedomPop's services into Asia. Axiata is based in Malaysia, and also serves Indonesia, India, Bangladesh, Singapore, Cambodia and Sri Lanka....More →

     
  • Friday, July 31, 2015

    Sayer Raises $1.1M, Launches Social Polling, Predictions App

    Los Angeles-based Sayer, a new mobile app startup, said Thursday that it has launched its social polling and predictions app, backed by $1.1M in seed funding. Sayer said its iOS app lets people share their opinions and make their own predictions on topical questions, and weigh in on different topics. Sayer is led by Patrick Davis. Source of the seed funding, which was received earlier in the year, was not announced. The new app runs on iOS.More →

     
  • Friday, July 31, 2015

    Boingo Wins Deal At University Of Houston

    Los Angeles-based Boingo Wireless is extending its coverage into Houston's TDECO Stadium, in a deal with the University of Houston Department of Athletics. According to the University of Houston Department of Athletics, it has reached an agreement with Boingo to enhance the wireless service at TDECO Stadium, by using Boingo's Distributed Antenna System (DAS)....More →

     
  • Friday, July 31, 2015

    Xencor Adds Board Member

    Monrovia-based biopharmaceuticals developer Xencor announced this morning that it has appointed Yujiro S. Hata to its board of directors. Hata is currently the Chief Operating Officer at FLX Bio, and he previously was Chief Operating Officer at Flexuss Biosciences. Hata has also served at Onyx Pharmaceukticals, Enata Pharmaceuticals, Gneome Therapeutics Corporation, McKinsey and Company, and ImClone Systems.More →

     
  • Friday, July 31, 2015

    Amgen Names Warburg Pincus Exec to Board

    Thousand Oaks-based Amgen announced on Thursday that it has added Fred Hassan, Partner and Managing Director at private equity investor Warburg Pincus, to its board. Hassan also was Chairman of the Board and CEO of Schering-Plough Corporation, and had served at Pharmacia Corporation, Ubjohn, Wyeth, and Sandoz Pharmaceuticals. Hassan also sits on the board of Time Warner, and has been on the boards of Avon, Bausch & Lomb, and Valeant Pharmaceuticals.More →

     
  • Thursday, July 30, 2015

    Fuisz Media Raises $10M

    Santa Monica-based Fuisz Media, which develops interactive video technology, has raised $10M in a Series A funding, the company disclosed today. The funding came from Evolution Media Partners. Ross Levinsohn and Ian Doddy have both joined Fuisz Media's board with the funding. Fuisz Media develops software which automatically identifies objects and people in a video, and links those objects and people to purchases and other links. Fuisz currently has deals with Awesomeness TV, ZEFR, and others....More →

     
  • Thursday, July 30, 2015

    How Heal Is Enabling On-Demand Doctor's Housecalls, with Dr. Renee Dua

    Anyone who has ever had to try to schedule an appointment to see the doctor know how much of a hassle it is to get those appointments set up, take time out of work to get you or or you family to those appointments, and sit in a waiting room forever for your turn. How about if there was an alternative? Los Angeles-based health startup Heal (www.getheal....More →

     
  • Thursday, July 30, 2015

    Luxe Shifts Workers To Employee Status

    On-demand, valet parking app developer Luxe, which launched into Los Angeles back in January, said this morning that it is shifting all of its 1099 contractors to W2 full- and part-time employees. Luxe said it will begin rolling out its new employee model immediately. Luxe said the change will mean health insurance for full time employees, and that it will now pay for expenses such as phones, jackets, and other work related equipment....More →

     
  • Thursday, July 30, 2015

    Rhubarb Studios Launches Drought Hackathon At Downtown Incubator

    Los Angeles-based Rhubarb Studios, a new startup accelerator and incubator downtown, has announced a weekend long "hackathon" focused on figuring out solutions to California's drought. According to Rhubarb Studios, it will host a 48-hour hackathon from August 21s to 23rd in its Hack for Humanity, to allow hackers, makers, and problem solvers to invent technology and solutions to address the water crisis. Rhubarb Studios is led by Cauri Jaye....More →

     
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