Thursday, April 25, 2013Receptos Sets Estimated IPO Pricing RangeSan Diego-based biopharmaceuticals developer Receptos has set the initial, estimated pricing range for its IPO, saying in a filing Thursday that it now expects its IPO pricing to be between $14.00 and $16.00 a share. THe firm, which has applied to list on the NASDAQ Global Market as RCPT, also said it will offer up 4,700,000 shares of its common stock in the IPO. Receptos is venture backed by ARCH Venture Partners, Flagship Ventures, Lilly Ventures Fund, Polaris Ventures, and Venrock Associates (More info...)
posted on Thursday, April 25, 2013(Full story)
TigerText Ties With Box On Healthcare Records SupportSanta Monica-based real time messaging service TigerText, which specializes in HIPAA-compliant secure text messaging services for healthcare providers, announced Thursday that the firm has integrated its service with the popular Box cloud storage service. TigerText said that the integration allows its secure messaging platform to send and receive files on Box, and stay HIPAA compliant.
Pricing on the new support for tBox was not announced; TigerText said that the integration works both with i (More info...)
posted on Thursday, April 25, 2013(Full story)
Topera Takes $25M More For Medical 3D Analysis SystemIn a bid to help bring its products to market, San Diego-based Topera Medical said Thursday that it has raised $25M in a Series C financing, which will go towards its 3D analysis and mapping system for treating atrial fibrillation. The new funding was led by new enterprise Associates, and also included the firm's existing investors, a new, un-named strategic partner, and the firm's management team. The company said the new funds go towards a planned, 2013 commercial launch of its products in bot (More info...)
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GumGum Names Schraeder COO
GumGum, the in-image advertising technology developer led by Ophir Tanz, has promoted Phil Schraeder, the firm's VP of Finance, to Chief Operating Officer, to head up the firm's internal operations, business development, and finance. Schraeder has been at GumGum since November of 2011, when he joined as VP of Finance; he previously had been at RealD, as part of the original start-up team there. Schraeder also has served at Verifi and KPMG, LLP.
GumGum's in-image advertising serves up advert (More info...)
posted on Thursday, April 25, 2013(Full story)
Younity Extends Personal Cloud Service To FacebookIn a big extension for personal cloud storage service Younity, the Santa Monica-based startup announced today that it has connected its service into Facebook, letting users access any file from Facebook, and also share those with friends on the popular social networking service. Younity lets users access the same set of files across all of their devices, including their home computers, laptop, or mobile device. Younity said it has also added support for external storage drives to what it calls i (More info...)
posted on Thursday, April 25, 2013(Full story)
Correlation Ventures Trumpets Investments, First ExitSan Diego- and Palo Alto-based venture capital investor Correlation Ventures said this week that it has so far funded eight companies in Q1, and had its first portfolio exit, at Virsto Software. The $165M venture capital fund said it now has investments in 47 companies. The fund's Q1 investments included Gynesonics, Gild, MadeFire, NasoForm and four other, un-named seed-stage companies. David Coats is the firm's managing director in San Diego. The fund says it is focused on using predictive anal (More info...)
posted on Thursday, April 25, 2013(Full story)
Moonfrye Gets $2.5M For Kids ActivitiesLos Angeles seems to be cementing itself in as the capital of celebrity and e-commerce, with the latest deal being Moonfrye, a new, "celebrity mom" startup featuring Soleil Moon Frye, best known to the rest of us as Punky Brewster. The new startup revealed today that it has raised $2.5M in a funding round, led by GRP Partners and Mark Suster, and which also included Greycroft Partners, Daher Capital and Google Ventures. According to Suster, Moonfrye's CEO is Kary Nortman, who formerly ran Cityse (More info...)
posted on Thursday, April 25, 2013(Full story)
Earbits Launches On AndroidGood news for new music fans wishing they could get access to the Earbits music discovery service on their Android phone: the firm just released its Android app this morning, bringing its flavor of music discovery and streaming to the smartphone platform. The app--which required Android 2.2 and up--lets users listen to the tracks of independent artists, and find and connect with those artists. Earbits, which is led by Joey Flores, is focused on helping music fans discover and find new music, and (More info...)
posted on Thursday, April 25, 2013(Full story)
SRCH2's Plan to Arm The World With Enterprise Search Technology
In the arms race of search technology, only the big guys -- Google, Microsoft -- seem to be able to keep up with all of the innovations in the space. How can the rest of us get the kinds of features consumers expect with search elsewhere? SRCH2 (www.srch2.com) recently scored a round of funding from such notable investors as Data Collective, Brad Jones of Redpoint Ventures, Horizon Ventures, and TenOneTen Ventures, the new Southern California venture capital firm headed by Gil Elbaz and David (More info...)
posted on Thursday, April 25, 2013(Full story)
EV Connect Gets Funding For Electric Vehicle ChargingLos Angeles-based EV Connect, a new startup which helps install, manage, and integrate electric vehicle charging stations for the commercial and government market, announced an initial round of funding this morning. Size of that funding was not disclosed. The firm said the funding came from 37 Technology Ventures, Jackrel Ventures, Tech Coast Angels, Maverick Angels, Keiretsu Forum, and other angels.
EV Connect says that it is helping companies, government and transit agencies, property owner (More info...)
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Crowdfunder Ties With Investment BankLos Angeles-based Crowdfunder, the online, crowdfunding site headed by Chance Barnett, announced this morning that it is in a strategic alliance with investment banking firm WestPark Capital. Financial details of the link were not announced. According to the two, they will work together to further develop business fundraising opportunities, and help companies that have traditionally been unable to benefit from the services for an investment bank. WestPark Capital is also based in Los Angeles, a (More info...)
posted on Thursday, April 25, 2013(Full story)
SBIR Source Launches New Research ToolLos Angeles-based SBIR Source, which maintains an online database of grant opportunities from the Federal Small Business Innovation Research (SBIR) program, said this morning that it has launched a new product, GrantIQ. The company said it has an "extensive database" of SBIR awards and participants, which can be used to find background information on grant applicants. The company said its data can be used by startups and small tech companies looking for R&D grants, to write more targeted proposa (More info...)
posted on Thursday, April 25, 2013(Full story)