Monday, August 18, 2014
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Radical.FM Starts Accepting Bitcoin
Venice-based Radical.FM, the online, add-free music streaming service, has begun accepting Bitcoin. According to Radical.FM, it is using Bitcoin payments provider Bitpay, to let users donate Bitcoin to support its service. Radical.FM is led by Tom McAlvey. The company says it has access to 25 million songs in its music library.

posted on Monday, August 18, 2014(Full story)

Algorithmia, Co-Founded By USC Grad Student, Gets $2.4M
A new startup, Algorithmia, which was co-founded by a USC PhD student, said today that it has raised $2.4M in a seed funding round, to go towards its online marketplace for computer software algorithms. The startup--which was co-founded by Kenny Daniel, who was recently pursuing a PhD in Artificial Intelligence at USC--says that it has created an online platform to let software engineers find different algorithms for us. The funding came from Madrona Venture Group, Rakuten Ventures, Deep Fork Ca (More info...)

posted on Monday, August 18, 2014(Full story)

Allergan Swaps CFO
Irvine-based Allergan said this morning that it has swapped its CFO, naming Jim Hindman as its new Executive Vice President, Finance and Business Development and Chief Financial Officer. Hindman replaces Jeff Edwards, who Allergan said has stepped down due to family commitments. Edwards will remain with Allergan to help transition the role. Edwards had been at Allergan for 21 years, with the last nine years as CFO. Hindman also is a longtime Allergan vet, having been at the company since 1984. H (More info...)

posted on Monday, August 18, 2014(Full story)

YouMail Updates iPhone App
Irvine-based YouMail, which develops enhanced voicemail service and related mobile apps, has rolled out a new update to its iPhone app. According to YouMail, the new app now supports new gestures for accessing voicemail messages quicker, a new navigation drawer, ways to add unwanted callers to its "ditch list", and other enhancements. YouMail offers up both iPhone and Android apps to access its enhanced voicemail services, which features things like voicemail sharing, personalized greetings depe (More info...)

posted on Monday, August 18, 2014(Full story)

Insights: Do you really want to be the first to market?
In our Insights and Opinions section this morning, Dave Berkus, an angel investor and private equity investor, asks startup--do you really want to be first to market?

Over the years, as I managed my several computer companies as CEO or executive chairman, I made the decision to go to market with a brand new product that had never before been exposed to my customer’s marketplace. In each case, after overwhelming publicity, certainly noticed by a great number of potential decision makers, and (More info...)

posted on Monday, August 18, 2014(Full story)

Vantage Media Rolls Private Ad Marketplace Product
Los Angeles-based Vantage Media, the advertising technology company led by Patrick Quigley, said last week that it has launched a new product, providing a private, self serve, real-time bidding marketplace for publishers. According to the company, its new Private Marketplace product is based on its existing real-time bidding technology, and helps publishers better monetize its mobile and online visitors. Pricing on the new product was not announced. According to Vantage Media, another, Southern (More info...)

posted on Monday, August 18, 2014(Full story)

Iteris Staves Off Delisting
Santa Ana-based traffic management technology developer Iteris has staved off delistings efforts by the NYSE, saying last week that the NYSE has accepted the company's plans to regain compliance with listing standards on the exchange. The company said on July 17th that it had received a noncompliance letter from the exchange, due to its inability to file a 10-K for the year ended March 31, 2014. The company apparently has been having issues completing its fiscal 2014 audit. Iteris trades on the (More info...)

posted on Monday, August 18, 2014(Full story)

EnGenius Rolls New Outdoor Wireless Access Point
Costa Mesa-based EnGenius Technologies announced a new, outdoor wireless access point this morning, aimed at providing better wireless access over large outdoor areas. According to the hardware developer, its new product supports up to 1300 Mbps on 5Ghz and 450 Mbps on 2.4Ghz, and also can act as part of a mesh network. The new product, the ENH1750EXT 802.11ac 3x3 Dual Band Wireless Ruggedized Outdoor Access Point, costs $999.

posted on Monday, August 18, 2014(Full story)

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