Thursday, April 16, 2015
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Stocktwits Raises Funding Round
San Diego-based stock messaging service Stocktwits has just raised a new funding, which the company said came from its existing investors, plus strategic Asian financial technology investors, and strategic investors in the fund and ETF business in North America. Stocktwits did not say how large the investment was, however, a recent regulatory filing indicates it recently closed $1.2M on a $2.0M funding round. In a blog post, Stocktwits said it will use the funding to help it grow even faster. St (More info...)

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FreedomPop Rolls Out New Upgrade Option
Los Angeles-based FreedomPop, which offers up free wireless broadband and voice calling plans--up to a limit--rolled out a new software update over the last week, which it says will let FreedomPop phones switch between VoIP and traditional cellular voice networks. According to FreedomPop, the new software will be an upgrade option, its "Premium Voice" option, via Google Play. FreedomPop did not announce the cost of the new features.

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Rubicon Project Launches Beta Of Two Products
Los Angeles-based Rubicon Project has launched two new products into beta, saying this week that it has launched DSP Builder and HFC2, both developed in the company's "innovation lab". DSP Builder is a development platform for creating real-time bidding applications. HFC is a "high frequency cloud" computing product, a cloud computing product specifically developed for applications similar to Rubicon Project's own online advertising exchange. Rubicon said the cloud computing product offers low n (More info...)

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Tinder Hooks Up With Instagram
Los Angeles-based Tinder, the developer of the immensely popular swipe-left or swipe-right dating app, has just released an update which connects the app directly with Instagram. Tinder said that the integration allows users to scroll through the Instagram profiles of their potential matches, directly within the app. Tinder also has deepened the amount of information you get on matches, showing common social graph connections--if you have any--and also expanded interests you can share with your (More info...)

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Procore Technologies Finds $30M For Construction Project Management Software
Carpinteria-based Procore, the developer of construction project management software led by Craig "Tooey" Courtemanche, said this morning that it has raised $30M in a growth funding round. The funding was led by ICONIQ Capital, and also included existing investor Bessemer Venture Partners. Procore said the funding will go towards accelerating growth of its business. Procore develops cloud-based software which is used to manage large construction projects, using both the web and mobile phones. Th (More info...)

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Angel Group Gives Luis Villalobos Award
The Angel Capital Association, a national association for angel investors, said Wednesday that it has awarded the Luis Villalobos Award to a company, for being the most innovative angel backed company from its members. According to the ACA, it has awarded the special recognition to Ann Arbor, Michigan-based RetroSense Therapeutics, a biotech developing life-enhancing gene therapies to restore vision to patients suffering from blindness. The ACA's award is named after Tech Coast Angels founder Lu (More info...)

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Centurylink Installs Fuel Cells In Irvine
Telecommunications company CenturyLink said this week that it has made the first deployment of Bloom Energy's fuel cells in a multi-tenant data center in Southern California, as a part of the company's sustainability efforts. Bloom Energy's equipment converts natural ga and air to generate energy, and offers up cleaner--and usually, cheaper--onsite energy generation for companies. The companies said that the use of fuel cells is a much cleaner way to generate electricity, and also reduce water u (More info...)

posted on Thursday, April 16, 2015(Full story)

Pelican Products Names Division President
Torrance-based Pelican Products has named a new division president, saying that it has appointed Dave Williams as President of Pelican BioThermal Division, the company's temperature controlled packaging products division. Williams replaces Tom Anderson. Williams was most recently VP of Strategic Initiatives for Pelican, and previously had served as VP of Capital and Engineering at Technicolor. He also had been at Nimbus. Pelican Products is backed by private equity investor Behrman Capital.

posted on Thursday, April 16, 2015(Full story)

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