Tuesday, June 24, 2014Science Backs FameBit For YouTube Influence MarketplaceLos Angeles-based startup studio and incubator Science Inc. is backing YouTube influence marketplace FameBit, as part of a seed funding round. Famebit--which is based in Toronto, Ontario, Canada--said it raised a total of $1.5M in funding from Science, as well as 500Startups and DeNA. The startup was founded by David Kierzkowski and Agnes Kozera. The company has been part of 500 Startups' latest San Francisco acclerator class since earlier this year. FameBit's service helps match advertisers wit (More info...)
posted on Tuesday, June 24, 2014 (More)(Full story)
AdColony Acquired By OperaLos Angeles-based mobile video advertising firm AdColony has been acquird by Silicon Valley mobile ad company Opera, the two said Tuesday. The deal is worth up to $350M. AdColony is led by Will Kassoy. Kassoy becomes Chief Marketing Officer of Opera Mediaworks with the buy. AdColony was venture backed by Insight Venture Partners. AdColony had formerly been part of Jirbo. Before AdColony, Kassoy had been at Activision Blizzard.
posted on Tuesday, June 24, 2014(Full story)
Epoxy Gets $6.5M For Social Video ToolsLos Angeles-based Epoxy said this morning that it has raised $6.5M in a Series A funding round, for the company's social-focused, video tools. According to the company, the investment came from Upfront Ventures and Time Warner Investments, along with prior investors, Bertelsmann Digital Media Investments, Advancit Capital, Greycroft Partners and Robert Downey Jr.'s Downey Ventures. Epoxy is led by Juan Bruce.
posted on Tuesday, June 24, 2014(Full story)
Uber Drivers In LA Try To OrganizeLos Angeles-based drivers for on-demand ride service Uber--with the help of the Teamsters--are looking to organize, according to a report from KPCC. According to the report, around 500 drivers for Uber are holding a demonstration this morning in Santa Monica, in front of Uber's offices here, to protest Uber's treatment of drivers. A spokesperson for those drivers told KPCC that Uber is "not a very good partner" and often gives drivers the "short end of the stick".
posted on Tuesday, June 24, 2014(Full story)
Procore Launches New AppCarpinteria-based Procore Technologies, which develops cloud-based construction management software, said today that it has launched a new set of free applications for iOS and Android. According to Procore, its new CurrentSet app allows construction teams to collaborate on project drawings, letting teams pull the latest drawings for a job site from their iPads, iPhones, Android devices, and laptop or desktop computers. Procore recently raised $15M in a funding round from Bessemer Venture Partner (More info...)
posted on Tuesday, June 24, 2014(Full story)
QAD Gets Win In ChinaSanta Barbara-based enterprise resource planning (ERP) software maker QAD said today that it has scored a win in china, with automotive supplier Chengdu Huachuan Electric Parts Company (CHCD). Financial details of the win were not disclosed. QAD said that CHCD deployed its software with implementation by service provider TSnT. CHCD manufactures generators, motors, driver assistance systems, and other products for the hybrid vehicle market.
posted on Tuesday, June 24, 2014(Full story)
Lytx Aims At Mid Sized Fleets With New ProductSan Diego-based video-based, driver safety products developer Lytx says it is rolling out a new product specifically aimed at mid-sized, commercial fleets. According to Lytx, the company's new DC Protect program is aimed at fleets with less than 350 vehicles and limited safety resources. Lytx said the new product is based on its existing DriveCam product and its experience with hundreds of large fleets worldwide. Pricing on the new product was not announced.
posted on Tuesday, June 24, 2014(Full story)
Zadara Gets Big Deployment At Property Data CompanyIrvine-based, cloud storage software developer Zadara Storage has scored a big win with a provider of property information for the mortgage and insurance industry, the company said today. According to Zadara, it has teamed up with managed services provider RightBrain Networks to move over 800,000,000 image files to Amazon Web Services using its technology, for Realty Data Company, which provides land surveys, titles, and other documents for the real estate industry. Financial details of the win (More info...)
posted on Tuesday, June 24, 2014(Full story)