Thursday, April 2, 2015


Qualcomm Invests In Tapingo
San Diego wireless company Qualcomm is the lead investor in a round for Tapingo, a developer of a mobile ordering app for restaurants, Tapingo said Thursday. Tapingo said it has raised $22M in a Series C funding, which was led by Qualcomm's venture capital arm, Qualcomm Ventures. DCM Ventures, Kinzon Capital, Carmel Ventures and Khosla Ventures also participated in the funding. Tapingo develops mobile ordering technology aimed at coffee shops, which has initially focused its efforts on college s (More info...)
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InstaBrand Raises $2.5M For Influencer Marketing
Los Angeles-based InstaBrand, a startup focused on mobile influencer marketing, has raised $2.5M in a Series A funding. The investment was led by TI Capital, according to the company. InstaBrand is led by Eric Dahan, and targets the fashion, lifestyle, film and entertainment, automotive, technology and food industries. As part of the funding, the company said it has added Randall Cox (Relativity Digital) and Brian Norgard (Tinder, Adly) to its advisory board.
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PCM Completes En Pointe Technologies Sales Buy
El Segundo-based PCM said late Wednesday that it has completed its acquisition of Gardena-based En Pointe Technologies Sale, an independent Microsoft IT solution provider. The asset purchase deal was worth $15M in cash, plus also includes unspecified earnout. PCM said the deal will "significantly" enhance its relationship with key vendors, and also help it scale its business.
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Ambry Genetics Buys Progeny Software
Aliso Viejo-based Ambry Genetics has acquired Progeny Software, a developer of software to manage genetic data. Financial terms of the buy were not disclosed. Ambry said it will integrate Progeny's software into its own, laboratory management systems. Progeny becomes a subsidiary of Ambry, and continues to be led by CEo Michael Brammer. Ambry is led by Charles Dunlop.
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Paragon Language Services Buys In Every Language
Los Angeles-based Paragon Language Services, a provider of translation service, said Wednesday that it has acquired Every Language, a Washington, DC-based provider of language translation services for the medical device and life sciences market. Financial terms of the buy were not disclosed. Paragon said the acquisition will help bolster ist life sciences business and add a number of small and mid-sized medical device makers as clients.
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