Monday, March 18, 2013Three Day Rule Plans Expansion To New York, San FranciscoLos Angeles-based Three Day Rule, the Los Angeles startup which is looking to reinvent dating through a subscription, invite-only service, told its users today that it is getting set to launch in New York City and San Francisco in coming months. The company did not provide exact dates and details, but did say it had begun signing up potential members in those cities. Three Day Rule is headed by Val Brennan and Talia Goldstein, and is targeting career-oriented professionals looking for participat (More info...)
posted on Monday, March 18, 2013(Full story)
Beats Electronics Names General CounselSanta Monica-based Beats Electronics, the headphone and audio electronics brand--plus new digital music streaming service operator--said today that it has named a new General Councsel. The firm said that Rafferty Jackson has been named to the position to provide strategic legal and business advice to the company. Jackson was previously VP and General Counsel at clothing and outdoor brands firm VF Outdoor, which owns such brands as The North Face, JanSport, Lucy, Eagle Creek, Vans, and Reef. She (More info...)
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Gigit Looks To Become The Airbnb of Live MusicCan booking live bands and music for your party or event be as easy as it is to find a room to rent via Airbnb? A Los Angeles startup, Gigit--still in early beta--thinks so, and has begun offering up event planners and others a way to tap into a marketplace of bands and other musicians who will play live. Gigit has quietly scored angel funding from such prominent investors as Paige Craig to work on its project. The startup is led by Tegan Monique Gaan, who is also an evanglist at accelerator Amp (More info...)
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Christie Street Expands Into Patent FilingLos Angeles-based Christie Street, the online crowdfunding site aimed at hardware projects which is based in Los Angeles, has expanded into patent filing, the company said today. The firm said it will offer up a simple, cost-effective way to file patents, in a deal with legal firm White & Williams LLP.
The company said that at a cost of just $8,000, the service will let inventors file patents, providing drafting and filing of patent applications for inventors. The company said that the cost (More info...)
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Factual Partners With TripAdvisor To Bolster Restaurant DataFactual, the Los Angeles-based provider of a massive, cloud-based database of location and other data, said this morning that it has partnered with TripAdvisor, to complement TripAdvisor's dining options and review. According to the two companies, TripAdvisor will also provide Factual with user-generated data to help maintain freshness and accuracy for Factual's Global Places data. Financial details of the deal were not disclosed.
Both Factual and TripAdvisor maintain an extensive database of (More info...)
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Divshot Raises $1.1M For Visual Web App SoftwareNeed to build a web application, and wish you could do it in a more intuitive, visual way?
Divshot, one of the startups out of Los Angeles startup accelerator Launchpad LA, said today that it has raised $1.1M in a seed financing round, for its drag-and-drop software for building web applications. The new funding was led by Rincon Venture Partners, and also included 500 Startups, Daher Capital, Floodlight Ventures, Cooley LLP, Drummond Road Capital, and Eric Hammond.
The firm, headed by Micha (More info...)
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j2 Global Buys MetrofaxLos Angeles-based j2 Global, the provider of Internet fax, cloud-based online backup, unified communications, email, and other services--as well as the owner of publisher Ziff Davis--said this morning that it has acquired MetroFax, a provider of Internet faxing services. Financial terms of the buy were not disclosed. j2 Global said the acquisition is not expected to be material to the company. MetroFax was based in Bellevue, Washington.
In recent years, j2 Global has been among the region's m (More info...)
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STEC Shareholders Seek Takeover Of CompanySanta Ana-based solid state storage products firm STEC is facing a shareholder revolt this morning, after two of its largest shareholders, Balch Hill and Potomac Capital, said they will seek to replace the company's board and executives, and take "strategic steps" to improve shareholder value. The move comes after poor quarterly results for STEC. STEC said its settlement discussions with Balch Hill and Potomac Capital have "broken down". The two shareholders said that STEC's management team have (More info...)
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MaxLinear Scores Design Win In Latin AmericaCarlsbad-based radio frequency chip designer MaxLinear reported a win in Latin America this morning. According to the company, its silicon tuner-demodulator device has been selected by an un-named OEM for use in a new, hybrid satellite plus terrestrial set-top box for the Latin America pay TV market. Financial impact of the deal and expected shipment volumes were not disclosed. MaxLinear said pay TV operators in Latina America have been integrating both broadcast television receivers and satelli (More info...)
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Vitesse Takes On Network EncryptionCamarillo-based networking semiconductor developer Vitesse Semiconductor announced a new product today, aimed at encryption of network layer traffic. According to the firm, its new Intellisec product is a "lightweight" security encryption technology aimed at encrypting data over the network. The firm said the new products are aimed at securing network applications such as e-commerce, cloud services, enterprise, and government communications. The new chips support the IEEE 802.1AE MACsec standard (More info...)
posted on Monday, March 18, 2013(Full story)