Thursday, February 20, 2014Sources: Active Network In Major LayoffSan Diego-based sports registration service Active Network has laid off over 100 people, according to sources near the company. Active Network has been contacted, but has not yet responded to queries about the layoff. No details on the layoff have been announced by the privately held company, and the company had not yet filed a notice with the state of California's WARN system on any impending cuts. The move might send some shudders through San Diego's high tech community, given that Active Netw (More info...)
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Cylance Gets $20M For Security ToolsIrvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Cylance says it is developing endpoint protection software which uses "math-based" and artificial intelligence technology to detect and prevent security issues. Cylance is led by Stuart McClure, who was previously at McAfee/Foundstone. Cylance says it is applying artificial intelligence, (More info...)
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CrowdStrike Launches Endpoint Monitoring ApplicationIrvine-based CrowdStrike, the computer security firm led by security industry veteran George Kurtz, said today that it has launched a brand new application for endpoint activity monitoring. According to the company, it has launched the app to provide real-time forensics, automated protection, and visibility into endpoints. The company is tapping technology from Splunk for the app. Terms of the deal between Splunk and CrowdStrike were not disclosed. CrowdStrike develops tools aimed at enterprises (More info...)
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United Online Revenues SlipWoodland Hills-based United Online reported its quarterly results for its fourth quarter on Wednesday, reporting that its revenues were $62.6M--a decrease of five percent from a year ago. The company--which recently split out its FTD operations--said it is now focused on returning the firm to growth, and expanding its products. United Online has been refshuffling its operations since last year, when it spun out FTD and swizzles its executive staff; the company has recently trying to ramp its Net (More info...)
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Payvia Becomes Outspoken, Focuses On Mobile MarketingLos Angeles-based Payvia, which is backed by Silver Lake Sumeru, said today that it has rebranded the company and refocused the company on SMS and MMS marketing. The company also said it has launched a new product, aimed at video transcoding for clients on a wide range of mobile devices. OUtspoken said it is now focused on mobiel video and rich media messaging services, and is serving such clients as Charlotte Russe, Cox Media Group, Emmis Communications, Entravision, and Jack in the Box. The sh (More info...)
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textPlus Launches International Calling AppMarina Del Rey-based textPlus, the venture-backed developer of mobile texting and calling applications, said Wednesday that it has launched a brand new, international calling app called GlobePhone. According to the company--which is backed by Kleiner Perkins Caufield and Byers, Matrix Partners, Upfront Ventures and The Raine Group--the new mobile app offers up inexpensive international calling, specifically aimed at people in the US with family and friends outside the country, and for those trav (More info...)
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NearWoo Trumpets New Marketing PartnersSanta Monica-based NearWoo, the provider of mobile advertising software for local businesses, announced this morning that it has signed up twenty partners which it says provide advertising marketing and marketing services to small businesses. Nearwoo, whic his led by Jason Crilly, said those partners include GoGoIt, YDOP, Revenat Social, Follow Me Sticker, StoreFront Social, 3178 Agency, Hypewell, Velocity, YOTM, Top Spin, CAS Designs, Ask Joanne, Bashfoo, Bleapp, E Accountable, Digital Inbound, (More info...)
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