Tuesday, August 12, 2014
RadPad Gets $2M
Los Angeles-based mobile rental marketplace app developer Radpad said Tuesday that it has raised $2M in a funding round, which came from existing investors SG VC, L.P., Social Leverage L.P. and Michael Huffington, along with new investors Queensbridge Venture Partners (led by Nasir “Nas” Jones and Anthony Saleh) and Happy Walters (co-president of Relativity Media). The startup, which is led by Jonathan Eppers, develops a mobile rental marketplace which helps renters find a place to live; the app (More info...)

posted on Tuesday, August 12, 2014 (More)(Full story)

Ixia Targets 100GbE Development
Calabasas-based network testing equipment provider Ixia is targeting 100GbE technology development, saying this morning that it has added new support for the high speed networking protocol on a number of its products. Ixia said it added the 100GbE support on its Xcellon Multis and Xcellon-Lava portfolio of products. The testing equipment is aimed at network equipment manufacturers, who use the equipment for networking testing and emulation.

posted on Tuesday, August 12, 2014(Full story)

Technocel Expands In SoCal, Plans Hiring
Simi Valley-based Technocel, a developer of mobile accessories--and the parent company of investment company TYLT Lab--has opened up a new headquarters in Simi Valley, and plans to hire approximately 40 new employees, the company said this morning. Technocel said its new 60,000 square foot building will accommodate 250 employees in marketing, product development, and sales at its brands, which include TYLT,Random Order, and Jellyfish. The company also said it will provide prototyping, 3D modelin (More info...)

posted on Tuesday, August 12, 2014(Full story)

Why Warner Bros. Is Tapping Into The World Of Technology Startups

If you're a large, Hollywood studio, how do you tap into the energy and ideas of the startup community? Warner Bros. has figured out one way -- which is to run a startup accelerator, Warner Media Camp (www.mediacamp.com)--which pulls a class of startups into the company for an intense, twelve week program every year, and helps those companies tap into the resources of the studio. We caught up with Debra Baker, Senior Vice President, Global Business Development at Warner Bros., to hear about h (More info...)

posted on Tuesday, August 12, 2014(Full story)

BeachMint Merges With Conde Nast's Lucky
Los Angeles-based e-commerce website operator Beachmint is merging with Lucky, the shopping and fashion publication title owned by Conde Nast, creating a new company called The Lucky Group, the companies said Monday. Financial terms of the deal were not disclosed. The new company will be headed by Beachmint's Josh Berman. As part of the deal--which makes Conde Nast the majority owner of the company--Lucky will launch a new e-commerce store featuring merchandise from brand featured in every issue (More info...)

posted on Tuesday, August 12, 2014(Full story)

Newegg Expands In Asia, Europe
Los Angeles-based e-commerce retailer Newegg said this morning that it is in a major expansion in both Asia and Europe, and has launched new, multilingual websites in India, Ireland, Netherlands, New Zealand, Poland and Singapore. According to NewEgg, the new websites are its first foray beyond the U.S., Canada, Australia and the United Kingdom. The e-commerce retailer said that it will initially have a smaller selection of products on the site, gradually ramping up products available on those s (More info...)

posted on Tuesday, August 12, 2014(Full story)

Cornerstone OnDemand Wins Hyatt
Santa Monica-based software developer Cornerstone OnDemand said today that it has scored a win with hotel and hospitality brand Hyatt. Cornerstone said that Hyatt will use its cloud-based talent management software for performance management, compensation, performance reviews, and other employee management efforts. Financial impact of the win was not disclosed.

posted on Tuesday, August 12, 2014(Full story)

ViaSat Claims Win In Contract, Patent Case
Carlsbad-based satellite communications technology developer ViaSat claimed a win in court today, saying that a federal court judge has upheld a jury verdict against Space Systems/Loral. That earlier verdict found Space Systems/Loral had breached a contract with ViaSat, and infringed on its patents, and ordered Space Systems/Loral to pay $283M in damages to ViaSat. ViaSat said that its now has a hearing on August 26th on its request for a permanent injunction against SS/L for manufacturing and s (More info...)

posted on Tuesday, August 12, 2014(Full story)

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