• Friday, August 29, 2014

    JustFab Raises $85M At $1 Billion Valuation

    In the latest, big-valuation funding round for Southern California, Los Angeles-based JustFab has raised $85M in a funding round that values the company at $1 billion. The company--which has been working on the round since May--comes as the company also has increasingly been rumored to be seeking an IPO. The funding was led by Passport Special Opportunity Fund, and also included Shining Capital, Matrix Partners, and Technology Crossover Ventures. The company has now raised more than $250M....More →

     
  • Friday, August 29, 2014

    socalTECH: Nominate The 50 Up-And-Comers In Southern California's Tech Industry

    Who are the top 50 up-and-coming individuals in Southern California's technology industry? We're looking to identify the individuals here in the technology industry, across all sectors, who are most likely to create the next big thing, produce the next big exit or to influence the industry in a significant way. If you'd like to nominate an individual (not company) for this award, we've just started collecting your nominations online. Nominations will close on Friday, October 10th....More →

     
  • Friday, August 29, 2014

    Quick Pitch Friday: Mauhan Zonozzy of Bubbl

    Do you wish you could take short snippets of your favorite movies and TV shows and share them with your friends? A number of startups have tried to make sharing of premium clips more available to users, but none have yet managed to convince studios and other content creators to allow for widespread clipping and sharing of that content. In an attempt to change that, Bubbl (www.bubbl.me)--which is led by Mauhan Zonozzy--is creating a tool and studio relationships to do just that....More →

     
  • Friday, August 29, 2014

    Zeel Brings On-Demand Massages To LA

    In the latest, smartphone-driven, on-demand service to hit the Los Angeles area, Zeel says it has launched into the Los Angeles area, and has begun offering up same day, in-home massages from licensed therapists in the area. The New York City company--which started offering its service in April of last year--said the expansion to the greater Los Angeles area also comes with a similar expansion into Miami and San Francisco....More →

     
  • Friday, August 29, 2014

    Evite Names New CEO

    Los Angeles-based online event invitation site Evite has named a new CEO, saying yesterday that it has named Victor Cho to the position. Cho was most recently President and CEO of Kodak Gallery, and also had headed up marketing and commerce at Intuit. Evite--which is owned by Liberty Interactive--said that Cho also has served at iVillage and Microsoft....More →

     
  • Friday, August 29, 2014

    IDrive Targets Student With Lifetime Discount Offer

    Los Angeles-based online backup provider IDrive, in an attempt to sign up students returning to school, said this week that it has launched a 50 percent discount plan, good for students for the lifetime of their account. IDrive said it will use a student's valid, education-based email address for the discount offer, letting students back up their school work and other data to the cloud. IDrive offers up both file storage and synchronization services, starting with a 5GB free account....More →

     
  • Thursday, August 28, 2014

    Rivalry Games Teams With Warren Sapp On Fantasy Football

    Los Angeles-based fantasy sports game developer Rivalry Games has tied with former NFL player Warren Sapp to create a new, fantasy sports game app called Rivalry Fantasy Sports. According to the company, the app includes all major sports, including both NFL and college fantasy football, and will allow players to earn prizes, including real money. The new app is free, and runs on the iPhone, iPad, and iPod touch. Rivalry Sports is led by Justin Bauer....More →

     
  • Thursday, August 28, 2014

    OneRoof Energy Raises $58M Residential Solar Fund

    San Diego-based OneRoof Energy, the provider of solar power installation and lease financing services, said Wednesday that it has raised $58M in a residential solar financing fund, which it says will go towards installing more than 2,000 residential solar power purchase agreements (PPAs). Name of the source of the funds was not announced. According to OneRoof Energy, the fund will go towards installing solar power in California, Hawaii, Massachusetts, and New York....More →

     
  • Thursday, August 28, 2014

    Connequity Raises $550,000, Opens Series A

    San Diego-based professional networking site Connequity says it has raised $550,000 in an angel round, and has opened up a new Series A funding, after renaming the company from its former name, GROWconnections. The startup--which is still in private beta of its service--said the angel funding came in June. The company did not say how much it is looking to raise in its Series A....More →

     
  • Thursday, August 28, 2014

    Ixia Ties On Cyber Threat Response

    Calabasas-based network testing software and hardware provider Ixia is applying its technology into a new area--cyber attack detection and incident response--via a partnership with Plixer International, the company said yesterday. According to Ixia and Plixer, they have integrated their systems as part of a cyber threat incident response solution....More →

     
  • Thursday, August 28, 2014

    Chapman University, HID Global Tie On Incubator Effort

    Orange, California-based Chapman University has tied up with HID Global, a developer of secure identification and access control systems, to create a new technology incubator around the "Internet of Things". According to the two, they will work with Chapman University's MBA students, to give them access to HID's technology, challenging students to identify key market opportunities for HID Global....More →

     
  • Wednesday, August 27, 2014

    Real Estate Investors Win With Rise Of Silicon Beach In Playa Vista

    The surge of technology, advertising, and media companies flocking to Silicon Beach has meant a huge win for real estate investors, particularly in Playa Vista, according to a report today. Early investors in transforming Playa Vist--which is now home to operations of YouTube, Google, 72AndSunny, Microsoft, and many others--into a center for the technology, advertising and media industry, have apparently been rewarded handsomely, according to the WSJ....More →

     
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