Wednesday, July 25, 2012Gehry Technologies Buys BimshareLos Angeles-based Gehry Technologies, which develops 3D, project collaboration and building information modeling (BIM) softare, said Wednesday that it has acquired Bimshare, a developer of building information modeling (BIM) data sharing software. Financial terms of the buy were not disclosed. Gehry said the buy would expand its cloud-based, service offerings. Both firms serve building owners, architects, engineers, general contractors, and others in the building industry.
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Peregrine Semiconductor Estimates IPO Pricing RangeSan Diego-based Peregrine Semiconductor, the developer of CMOS, RF integrated circuits, has set an estimated pricing range for its its IPO. According to a filing by the firm this morning, it is estimating a IPO price of between $14.00 and $16.00 per share. The firm is offering 5,500,000 shares of its stock in its IPO. The firm also said it has applied to list on the Nasdaq Global Market as PSMI. Peregrine is venture backed by Morgenthaler Partners, Advanced Equities, Palisades Ventures, and othe (More info...)
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Oversee.net Teams On Security EffortLos Angeles-based Oversee.net, the provider of Internet performance marketing and domain name services, is looking to better secure the Internet against malware, with a link with security firm Team Cymru. Oversee.net said the deal involves its DomainSponsor business unit, which will tap Team Cymru to help detect and identify potentially malicious communications in its traffic monetization network. Oversee.net said it expects that the move will help internet service providers and hosting companie (More info...)
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Slacker Boosts Programming With Public RadioSan Diego-based Slacker, the online radio streaming service, is in a major expansion of its content today, as public radio broadcaster American Public Media said it launched a number of new, interactive stations on Slacker. The broadcaster--which publishes Marketplace and The Current, two popular public radio programs--said its programming will be available for free on the Slacker service. Public radio listeners are likely familiar with American Public Media via its programs Marketplace with Kai (More info...)
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Nirvanix Connects With CenturyLinkSan Diego-based cloud storage provider Nirvanix, the provider of cloud-based storage for the enterprise market, has inked a strategic alliance with telecommunications firm CenturyLink, the two announced this morning. Nirvanix, which is headed by Scott Genereux, said the channel alliance will give CenturyLink's customers to access the Nirvanix cloud storage service at higher speeds, via a direct link via CenturyLink's network. Financial details of the deal were not announced by the companies. Ent (More info...)
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Chill Launches New Video Front PageLos Angeles-based social video site Chill, fresh off an injection of $8M from its investors, is launching a brand new effort to help consumers find the most interesting videos on the Internet from its home page. The new feature, called Chill Front Page, features an easy to navigate, front page filled with videos of what is going on now, based on both social data and data collected from Chill's social video service. The new feature uses social curation and voting to highlight the videos across a (More info...)
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Life Technologies Buys Pinpoint GenomicsCarslbad-based Life Technologies said today that it has acquired Pinpoint Genomics, a developer of an early-stage, non-small cell lung cancer test. Financial terms of the buy were not announced. Pinpoint's tests help identify early-stage patients at high risk for progression to late-stage lung cancer, which the firm says can improve survival rates for lung cancer patients.
posted on Wednesday, July 25, 2012(Full story)
Interview with Edward Park, Insteegram
Users of the Instagram mobile application--which runs on iPhone and Android--are familiar with how that app has become one of the key ways people socialize and share their life with others, all via the service's photo sharing and comments. That popularity helped drive Instagram's recent acquisition by Facebook for $1 billion. But, how do you bridge the digital world of Instagram with the real, physical world? One way is through Insteegram (www.insteegram.com) , a service recently launched by L (More info...)
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CoDa Therapeutics Lands $20M MoreSan Diego-based CoDa Therapeutics, which develops biopharmaceuticals aimed at wound care, said today that it has added $20M to its Series B financing round. The new funding, a second close, came from RusnanoMedInvest. CoDa Therapeutics said the new funding brings its Series B to nearly $40M. Domain Associates, GBS Ventures, and BioPacificVentures also participated in the round. CoDa said the investment from RUSNANO came as part of a joint investment agreement between RUSNANO and Domain Associate (More info...)
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OpenX Opens Fifth Data CenterLos Angeles-based online advertising technology firm OpenX has opened up its fifth data center, the company announced this morning, to help support its online advertising marketplace. OpenX said the new data center will be located in Chicago, and comes on top of its existing data centers in LOs Angeles, Virginia, Amsterdam, and Tokyo. OpenX said the data center is the first new data center in a major expansion for the firm, and that it expects to open four, additional data centers by the end of (More info...)
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NantPharma Gets $125M From BlackstoneLos angeles-based NantWorks, the technology thinktank of Los Angeles billionaire Dr. Patrick Soon-Shiong, said Tuesday that one of its companies, NantPharma, has received $125M in an investment by private equity firm Blackstone. NantPharma is developing biologically derived pharmaceuticals, at a number of drug manufacturing and research facilities around the country. As part of the deal, Blackstone adds three people to NantPharma's board, including Chinh E. Chu, Anjan Mukherjee, and Arthur J. Hi (More info...)
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