Tuesday, July 16, 2013CyberFlow Analytics Raises $2M For Cyber Security EffortsSan Diego-based CyberFlow Analytics has raised $2M in a seed round of funding, to go towards its software for protecting corporate IP from corporate espionage and malware. The firm said the seed round of funding came from Toshiba America Electronics Components. CyberFlow, which is headed by Dr. Hossein Eslambolchi--former Chief Technology Officer of AT&T--said the new round brings its total raised to $2.6M.
In addition to Eslambolchi, the company's founders include Tom Caldwell (former CEO/Pr (More info...)
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Launchpad LA Starts Accepting Fall 2013 ApplicationsLaunchpad LA, one of the more high profile startup accelerators in Los Angeles, has opened up applications for its next class. The accelerator has been accepting applications since last week for its Class 6, which will run from mid-September to mid-January. According to the accelerator, applications for the next class are due August 11th. Launchpad LA offers up a $100,000 investment, free office space in Santa Monica, mentoring and access to resources, and much more to companies. The accelerator (More info...)
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Mark43 Raises $1.95M From Launchpad LA, OthersIn what might be the geographically furthest investment so far by Los Angeles startup accelerator Launchpad LA, the accelerator is one of the investors in a Boston-based startup tackling law enforcement information sharing software. Boston's Mark43 said this week that it has raised $1.95M in a seed funding round, which included Spark Capital, General Catalyst Partners, Lowercase Capital, SV Angel, Launchpad LA, Rough Draft Ventures, Harvard Business School professor Tom Eisenmann and others. The (More info...)
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Quarterly Ups Funding To $2.2MHollywood-based gift delivery firm Quarterly has raised its funding up to $2.2M, according to a regulatory filing by the company. According to the filing, Quarterly has now raised $2.2M out of an ongoing $2.5M funding round. Quarterly has previously announced funding from True Ventures, SV Angel, Initialized Capital, and Collaborative Fund. Quarterly delivers curated, quarterly gift packages to subscribers, based on the tastes and preferences of popular bloggers and celebrities. Quarterly also j (More info...)
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Tinder Hits AndroidWill Android and iPhone users date each other? Mobile dating app developer Tinder is about to find out today, as it released a brand new, Android version of its mobile dating app this morning. Tinder, which is based in West Hollywood, looks to be gaining traction in the market--or at least, its market efforts--for its mobile dating app, which lets users "like" or "pass" on people nearby who might be interested in a date. The app lets users flag who they might be interested in dating, and only co (More info...)
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Core Innovation Capital Sets Up Shop In LAIn the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area's growing startup market. According to Core Innovation Capital, it has moved its offices to Los Angeles from New York City, to be closer to potential investments in its focus area of funding companies serving underbanked consumers in America. The firm's efforts here are headed by Arjun Schutte.
Core Innovation Capital told socalTECH that the firm was attra (More info...)
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Catalyzing Innovation In Pasadena, with Innovate Pasadena
As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses. In the same way that the technology community is not the same when you're talking San Francisco versus Palo Alto versus San Jose, Southern California's technology (More info...)
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Numecent Delivers Windows Apps To The CloudIrvine-based Numecent, which is backed by T-Venture, said Monday that it has launched a new cloud software service aimed at application developers. The company said its new cloud service, called "Native as a Service" is aimed at independent software vendors and developers, to help the make it easier to deliver their existing native applications from the cloud. The company's software delivers native applications from Microsoft Windows to users via the cloud without requiring recoding or rewrite o (More info...)
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Cornerstone OnDemand Enhances Free Nonprofit Training EffortSanta Monica-based Cornerstone OnDemand, the developer of cloud-based talent management tools, is extending out its nonprofit efforts today through its foundation, the Cornerstone OnDemand Foundation. According to the foundation, it has enhanced its
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DTS Selected By Paramount PicturesDTS, the developer of audio enhancement technology and surround sound technology, said today that its DTS-HD codec has been selected by Paramount Pictures. The Calabasas-based company said that its codec is being used as the surround sound format for Paramount's UltraViolet movie catalog. Financial impact of the win was not disclosed. DTS said that Paramount will deliver its catalog of UltraViolet movies with DTS soundtracks in the second half of 2013. UltraViolet Common File Format (CFF) is the (More info...)
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