Thursday, August 14, 2014AuditFile, Started At UCLA, Raises $3M For Auditing SoftwareAuditFile, a developer of cloud-based auditing software for CPAs, has raised $3M in a funding round, the company said Thursday. The company was founded by Kevin Bong, who started the company in his dorm room at UCLA as a senior. According to the company, his brother, Steven Bong, convinced him to turn down job offers and move back home to the Bay Area to work on the company full time. The funding came from Banneker Ventures, Tim Draper, Nas Draper, as well as other angel investors. The company n (More info...)
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DogVacay's New VacayCam Helps Capture Dog Candids
Santa Monica-based online pet sitting marketplace and community DogVacay has a cute, new feature, which helps the company's hosts capture great canine candids. The company said its new iPhone app features a new tool called VacayCam, which uses the sounds of barks, meowing, and squeaky toys to capture the attention of pets for cute candid photos of pets that sitters are taking care of. The app also lets users add cute stickers and phrases to send to pet owners. The update to the tool comes alon (More info...)
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Vadio Gets Backing From Mucker Capital, Amplify, Others In $2M FundingVadio, the developer of a platform which helps match music videos and ads with streaming music, said Thursday that it has raised $2M in a seed funding round, which included Mucker Capital, Amplify.LA, as well as other LA investors. The company--which has operations in Los Angeles and Portland, Oregon--said it raised the funding from Ed Wilson (former President of NBC Enterprises), Robin Richards (former CEO of Vivendi Universal, and who also has been involved with Internships.com, NTI Group, MP3 (More info...)
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CurbStand Ties With Fatburger On LA Valet PromotionLos Angeles-based mobile app developer CurbStand, which lets users locate, pay and tip valet parking providers, has tied with LA hamburger chain Fatburger on a new promotion, the company said today. According to CurbStand, it is launching a new campaign called #soLAvalet, which will offer up valet parking at Fatburger locations in West Hollywood and downtown Los Angeles at its location on Figueroa. CurbStand's app let users locate valet parking, figure out pricing, and tip the valet--all directl (More info...)
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Geneva Healthcare Gets $1.8MSan Diego-based Geneva Healthcare has raised $1.8M in a funding round, the company said this morning, to go towards the development of its platform for managing data from cardiac devices. The company said the funding came from high net worth individuals, including cardiologists, physicians and successful technology entrepreneurs. Geneva Healthcare, which is led by Kai Worrell, says it has already been deploying its technology across hospitals in Southern California. The company says it is now in (More info...)
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Amazon To Open New Fulfillment Center In Redlands, Hire 2500E-commerce giant Amazon.com is expanding in Southern California, saying today that it is opening up a new, fulfillment center in Redlands, to help deliver large items to customers. According to Amazon.com, the new 700,000 square foot fulfillment center is looking to hire 2,500 people, to help pick, pack, and ship things such as big screen televisions and kayaks to its customers. The new fulfillment center is the company's fifth, and comes on top of existing centers in San Bernardino, Moreno Vall (More info...)
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Second Sight Medical Files For IPOSylmar-based Second Sight Medical, a medical devices maker developing treatments for outer retinal degenerations, such as retinitis pigmentosa, filed for an IPO this week, saying that it is looking to raise up to $45M in an IPO on the Nasdaq Capital Market. The IPO is being underwritten by MDB Capital Group. The company said it expects to offer its stock at $9.00 per share, trading under the symbol EYES. Second Sight Medical is backed by medical devices mogul Alfred E. Mann.
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NRG Energy Buys Goal ZeroEnergy giant NRG Energy--which runs its solar power business out of Carlsbad--has acquired consumer solar power products maker Goal Zero, the company said today. Financial details of the acquisition were not announced. Goal Zero is a maker of solar charging products, and is well known in the outdoor and adventure products area. According to NRG, it will use the acquisition to help cross sell products between system power, residential solar and personal power, helping to educate Goal Zero's custo (More info...)
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Hovelstay.com Gets $1.2M To Help You Find Anti-Luxury DigsLooking for dump to stay in while traveling? A new, Glendale-based startup, hovelstay.com, said it has launched a new site to help college students to find affordable lodging--including the proverbial "dump"--and has raised $1.2M in venture funding. According to hovelstay.com, the Series A funding came from private investors in London and Dubai. Names of those investors were not disclosed. hovelstay.com sais that its site is aimed at traveling students, and features only properties with pricing (More info...)
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Amgen Sees Clinical Trial Failure, RecallThousand Oaks-based Amgen reported Wednesday that its Phase 3 clinical trial for its compound Kyprolis--which was being targeted for treatment of multiple myeloma--has failed, and that the study has been discontinued. Separately, in more bad news for the company, it also reported a recall of a number of lots of Aranesp in a number of countries due to a quality control issue. In the Phase 3 clinical trial, which involved 315 patients, Amgen said that its study did not meet its primary endpoint of (More info...)
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Spyder 3D World Launches 3D Printing Design SiteBrea-based Spyder 3D World said today that it has launched a new, online marketplace for sharing, selling, and buying 3D printing designs. According to the company, its new marketplace lets users both share and sell 3D designs. The site's 3D designs include everything from toys and games to household objects, jewelry, and technology gadgets. The new site was founded by Joe Bloomfield.
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MaxLinear Eyes Latin America With Reference DesignCarslbad-based radio frequency and mixed signal semiconductor developer MaxLinear is targeting the Latin American market with a new, reference design for the broadcast HDTV market. MaxLinear said it has created a new, low-cost USB dongle reference design which incorporates its circuits, making it easy for pay TV satellite, IPTV operators, and over-the-top (OTT) Internet video service providers to add HD broadcast channels to PCs, tablet computers, or netbooks. The company said that free, HDTV ch (More info...)
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