Wednesday, December 10, 2014Hulu Adds Discovery's MythBusters, Deadliest CatchLos Angeles-based streaming television site Hulu is continuing to extend out its catalog off titles, saying this week that it has inked a deal with Discovery, to feature subscription, video-on-demand access to such titles as Deadliest Catch, MythBusters, Say Yes to the Dress, Treehouse Masters, and more. Hulu said those titles will be available for streaming beginning January 1st. Financial details of the deal were not announced by the companies. The two said the content will also include progra (More info...)
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Ring Gets $7M For Smart DoorbellsSanta Monica-based Ring, the smart doorbell startup led by Jamie Siminoff, has raised $4.5M in equity and another $2.5M in debt financing, the company disclosed Wednesday. The company--formerly known as Doorbot--said the Series A financing comes from True Ventures, and also included First Round Cpaital, Queensbridge Venture Partners, Upfront Ventures, and angels. True Ventures' Adam D'Augelli will join the company's board with the funding, which the company disclosed gives it a $15.5M postmoney (More info...)
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Slacker Radio Unveils New UI, RedesignSan Diego-based Slacker said today that it has launched a complete redesign of the site and service, adding a number of online personalities to the service and focusing in on artists, personalities and musicians. Slacker--which has been occupying a niche in the online radio streaming area--said it is adding personalities and programs such as Tyler Oakley, Rooster Teeth, Comic Book Girl 19, and Nerdist to its list of dedicated online radio stations, tied to a redesign which it says provides a "mo (More info...)
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March Capital Partners Backs AppcitoSanta Monica-based venture capital investor March Capital Partners--the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. Appcito said this week that it has raised $7.5M in a Series A funding round, which also include Atlas Venture and The Fabric. March Capital's Sumant Mandal led the investment round. Appcito is working (More info...)
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Conversant Becomes Part Of Alliance Data After $2.3 Billion DealWestlake Village-based online advertising company Conversant--which until recently was known as ValueClick--is now officially part of Alliance Data, after the completion of Alliance Data's acquisition deal with the company. The deal was worth $2.3 Billion, and had been announced initially in September. Conversant will become part of Alliance Data's Epsilon unit, helping Alliance to scale its existing business line, and help it scale in the areas of display, mobile, video and social digital chan (More info...)
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Los Angeles Sues Uber Over Background Checks, AdvertisingLos Angeles has joined with San Francisco to sue on-demand ride service Uber, alleging that the company's background checks are "completely worthless", because the company--although it conducts background checks--does not fingerprint its drivers. According to the Los Angeles County District Attorney's office, they have filed a lawsuit against Uber for making false and misleading statements to consumers. In a related move, the LA attorney's office said it has settled with Lyft over similar issues (More info...)
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NextVR Powers New Coldplay Virtual Reality ConcertLaguna Beach-based NextVR, which is developing virtual reality capture technology aimed at bringing rock concerts, sporting events, fashion shows, and other events to users via immersive, virtual reality, said it has released its first, content release. NextVR said it has released a virtual reality title with the band Coldplay, entitled Coldplay's Ghost Stories Virtual Reality Concert Experience. The company said it filmed the entire concert in VR. NextVR said the entire concert was filmed on st (More info...)
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Broadcom Ups Revenue Guidance, DividendsIrvine-based Broadcom said Tueday that it is raising its revenue guidance fro the fourth quarter of 2014, saying it now expected revenues of approximately $2.075 to $2.150 billion, and also increased its dividends and stock buyback efforts. According to the company, it is increasing its quarterly dividend by $0.02 per share, and has authorized $1 billion in share buybacks in 2015. Broadcom said the updates came due to strength in the company's core businesses. Broadcom supplies a wide range of s (More info...)
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PTI Marketing Technologies Acquired By RicohSolana Beach-based PTI Marketing Technologies, a developer of a software-as-a-service, marketing and collateral management tool, has been acquired by office equipment and technology company Ricoh Company, Ltd.. Exact financial terms of what Ricoh described as a "multi-million" dollar acquisition were not announced. Ricoh was already an investor in PTI, having made an investment in the company in August of 2012. Ricoh said the buy will help the companies continue to develop new marketing collater (More info...)
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CrowdStrike Names VP EngineeringIrvine-based security and threat intelligence software developer CrowdStrike has named Amol Kulkarni as the company's new Vice President of Engineering, the company said Tuesday. Kulkarni was most recently at Microsoft, and had been responsible for the knowledge platform at Bing, and also had worked on Windows Azure and BizTalk Server. CrowdStrike said Kulkarni will oversee the company's engineering organization and customer-facing technology infrastructure. CrowdStrike provides endpoint protect (More info...)
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