Friday, April 17, 2015
FastPay Funds Altitude Digital In $30M Financing
Los Angeles-based FastPay, the provider of financing products for ad and media driven companies which is led by Jed Simon, has backed mobile and video advertising products firm Altitude Digital with $30M in financing, Altitude said Thursday. Terms of the financing were not announced. Altitude Digital, which is based in Denver, Colorado, offers up a video ad and mobile, supply side advertising platform. FastPay offers up invoice-based financing to many media businesses, who usually see long delay (More info...)

posted on Friday, April 17, 2015(Full story)

Upfront Ventures Leads $20M Investment In Heads-Up Display Developer Navdy
Los Angeles-based Upfront Ventures is the lead investor in a developer of a new, heads-up display which connects to your smartphone, projecting messages, information, and more directly on your windshield. According to San Francisco-based Navdy, it raised $20M in its Series A round, bringing it to a total of $33M in funding. Upfront was the lead, with Formation8, Qualcomm Ventures, Promus Ventures, Eniac Ventures and also participating. The company is looking to commercially launch it (More info...)

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Fliptu Gets $1.2M For Social Aggregation Tools
Los Angeles-based Fliptu, the developer of social aggregation tools for music and entertainment brands, has raised $1.2M in a seed funding round, the company said Friday. The startup--led by Jeremy Gocke--said the funding came from Scout Ventures, Rick Dalzell (former Amazon CIO), Rich Heise (early Groupon investor), Hivers & Strivers, Kelly Perdew, and other angels. The company said it will use the funds to bolster its product team and expand into new verticals. Fliptu offers up a social aggreg (More info...)

posted on Friday, April 17, 2015(Full story)

Sony Documents, Emails Go Online At WikiLeaks
A huge collection of internal documents and emails from Sony Pictures Entertainment--stolen from the company in a massive hacking last year tied to the movie "The Interview"--has been posted online by WikiLeaks. WikiLeaks said it had posted a searchable database of 30,287 documents and 173,132 emails from Sony, claiming it did so to show "the inner workings of an influential multinational corporation." WikiLeaks said in a statement that the documents were "public domain", despite the fact that t (More info...)

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Bitium Rolls Out In Google Apps Marketplace
Santa Monica-based Bitium, the developer of identity and access management software led by Scott Kriz, has rolled out its products in the Google Apps Marketplace, the company said Thursday. Bitium said its products are tightly integrated and work with Google Apps for Work, helping to secure business applications. Bitium is venture backed by Polaris Ventures, Amplify, Resolute VC, Double M Partners, Social Leverage, Karlin Ventures, Lazerow Ventures and Rob Glaser. The company says its customers (More info...)

posted on Friday, April 17, 2015(Full story)

Lytx Wins Commercial Trucking Insurance Customer
San Diego-based Lytx, which develops video-based, driver safety systems, reported a win with trucking insurance company Canal Insurance Company. Lytx said Canal will offer up its Lytx DriveCam Program to its fleet customers as a value added service. Lytx said its Lytx DriveCam Program helps prevent collisions, reduce injuries and save lives by offering up video, predictive analytics, real-time driver feedback and coaching for fleets.

posted on Friday, April 17, 2015(Full story)

Precision Health Economics Acquired By Precision For Medicine
Los Angeles-based Precision Health Economics, a provider of health economics consultancy and analytics, has been acquired by Maryland-based Precision for Medicine. Financial terms of the buy were not disclosed. PHE was founded by Drs. Dana Goldman, Darius Lakdawalla, and Tomas Philipson, professors at the University of Southern California and the University of Chicago.

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Southern California Sees $1.9 Billion In Q1 Deals, Biggest Since Dot Com Boom

Southern California saw a staggering $1.9 billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association
MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. The last quarter to ever reach the same investment heights was more than fourteen years ago, in fourth quarter of 2000, when $1.95 billion was invested in the region at (More info...)

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KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County
Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, has announced the launch of its dedicated fiber ring built in partnership with Wilcon, the premier West Coast provider of private fiber optic networks. The KeyInfo fiber ring brings high-speed, private connectivity to businesses in Los Angeles and Ventura Counties. Because of its characteristic high security, fiber is an ideal choice for industries with highly regulated or sensitive data requirements. Organizations in the healthcare, financial, retail and government verticals can depend on Wilcon’s absolute physical layer security to protect the data in transit.

For more information about the KeyInfo fiber ring, please visit our website at:

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La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator
Local branding agency launches a new design-centric accelerator program.
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Safire Partners Executive Search
Safire Partners has completed 500+ retained executive searches since 2006 working with emerging businesses in Southern California. Please visit our website to see an updated list of our clients and searches completed at We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at

Early Stage Commercial Insurance - Pacific Unified Insurance Agency
We are a commercial insurance broker working with startup and early
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John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454

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