Wednesday, April 22, 2015
La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator
Local branding agency launches a new design-centric accelerator program.
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RadPad Raises $9M Rental Marketplace
Los Angeles-based RadPad, the online rental marketplace led by Jonathan Eppers, said this morning that it has raised $9M in a Series A funding. The funding was led by Altpoint Ventures, and also included Goldcrest Investments. RadPad said it has now raised a total of $13M in funding. RadPad offers up a map-focused service which helps renters search for apartments and homes for rent. The company is targeting millenials with its service, which also includes a payment service to help renters pay th (More info...)

posted on Wednesday, April 22, 2015(Full story)

DogVacay Expands Into Doggie Daycare
Santa Monica-based DogVacay, the online marketplace for pet sitting services led by Aaron Hirschhorn, said Tuesday that it is expanding into the doggie daycare market. DogVacay said it will let pet owners find daytime pet watching services, to help care for pets when owners are at work, school, or away fro home for an extended period of time during the day. DogVacay said that there is currently a 1 billion market for paid pet daycare. The new service is an expansion of DogVacay's marketplace, wh (More info...)

posted on Wednesday, April 22, 2015(Full story)

ZIRX Finds $30M To Expand Valet Parking Service
ZIRX, the on-demand valet parking service which launched into Los Angeles in November, said today that it has raised $30M more to continue on its expansion. The funding was led by Bessemer Venture Partners, and also included Norwest Venture Partners and Trinity Ventures, along with others. The company said it has now raised $36.M in funding. ZIRX is based in San Francisco, and also offers its services in Los Angeles, Seattle and Washington.

posted on Wednesday, April 22, 2015 (More)(Full story)

AssetAvenue Joins Real Estate Accelerator
Los Angeles-based AssetAvenue, the online, peer-to-peer lending site focused on commercial real estate loans, said today that it has been selected to participate in a real estate focused accelerator, backed by the National Association of Realtors. The company said it was selected to participate in the 2015 class of REach, a growth technology accelerator program sponsored by Second Century Ventures, the strategic investment arm of the National Association of Realtors (NAR). AssetAvenue is led by (More info...)

posted on Wednesday, April 22, 2015(Full story)

Hollywood Software Buys Digital Cinema Systems, Inc.
Woodland Hills-based Hollywood Software, a developer of enterprise software used by studios, independent movie distributors, and exhibitors to run their distribution and exhibition businesses, said it has acquired Digital Cinema Systems, Inc., a provider of motion picture playback systems. Financial terms of the buy were not disclosed. Digital Cinema Systems develops the FilmStore, a digital cinema playback solution.

posted on Wednesday, April 22, 2015(Full story)

Wallaby Rolls Apple Watch App
Pasadena-based < b>Wallaby Financial--which is now part of Bankrate--said Tuesday that it has launched a new app for the Apple Watch. Wallaby said the new app--Wallaby for Apple Watch--lets Apple Watch users optimize the credit card rewards for each of their purchases. The new app also helps users check on their credit card purchases and see credit card recommendations. Wallaby is led by Matthew Goldman.

posted on Wednesday, April 22, 2015(Full story)

Green Dot Gets Mobile Gelocation Patent
Pasadena-based Green Dot, the prepaid debit card provider, reported Tuesday that it has been issued U.S. Patent No. 8,989,778, covering secure and private location sharing for location-aware mobile communication devices. Green Dot said the patent relates to its use of geolocation for creating customized user experiences, as well as for risk management and fraud prevention. The patent names Samuel H. Altman, Nicholas T. Sivo, Mark Jacobstein, Brian R. Knapp, James F. Potter, and Thomas B. Pernik (More info...)

posted on Wednesday, April 22, 2015(Full story)

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