Wednesday, May 27, 2015Mylife Recasts Itself As Personal Privacy ServiceLos Angeles-based
posted on Wednesday, May 27, 2015(Full story)
Snapchat Eyes IPOVenice-based Snapchat, the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. Spiegel said that an "IPO is really important" to the company. Spiegel did not give a timeframe for any IPO effort. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds.
posted on Wednesday, May 27, 2015(Full story)
MANTA Instruments Finds Funding For Scientific InstrumentsLa Jollla-based MANTA Instruments, a developer of technology for characterizing nanoparticles, has raised a round of seed funding, from Triton Technology Fund. Size of the funding was not announced. Triton announced the funding this morning, and said MANTA will use the funding to accelerate commercialization of its scientific instruments. The company is part of the EvoNexus startup incubator, and is led by Rick Cooper. MANTA was founded by UC San Diego researchers Dr. Dariusz Stramski, Dr. Kuba (More info...)
posted on Wednesday, May 27, 2015(Full story)
SpaceX Gets Air Force CertificationLos Angeles-based SpaceX has crossed a major hurdle in its efforts to provide launch services to the U.S. Department of Defense, and has been certified by the U.S. Air Force to carry out National Security space missions, according to the USAF. In an announcement from Lieutenant General Samuel Greaves, Commander of the Air Force Space and Missile Systems Center (SMC) and Air Force Program Executive Officer for Space, the USAF said that SpaceX's Falcon has been certified to launch national securit (More info...)
posted on Wednesday, May 27, 2015(Full story)
Intense Lighting Acquired By LevitonAnaheim-based Intense Lighting, a developer of LED-based lighting products, has been acquired by Leviton, Leviton said Tuesday. Financial terms of the acquisition were not announced. Leviton said that Intense Lighting will operate as a new, standalone business unit of the company, and continue to maintain its operations in Anaheim. Intense Lighting provides LED lighting products for the commercial, hospitality, supermarket, retail and residential markets. The new business unit will be led by Ken (More info...)
posted on Wednesday, May 27, 2015(Full story)
Ceres Gets Soybean Gene PatentThousand Oaks-based agricultural biotechnology develper Ceres announced this morning that it has received a U.S. patent, covering the company's genetic sequence derived from soybean, which is aimed at producing improved soybean varieties. The company says it now has approximately 85 issued patents and numerous patent applications. The new patent, U.S. Patent No. 9,024,004, was issued on May 5th, and names Nickolai Alexandrov, Vyacheslav Brover, and Kenneth Feldmann as inventors, and was filed in (More info...)
posted on Wednesday, May 27, 2015(Full story)
Neudesic Buys Web4Irvine-based Neudesic, which develops software and services for the enterprise market, said today that it has acquired Anaheim-based Web4, a provider of enterprise content management (ECM), human resources, and collaboration software. Financial terms of the acquisition were not announced. The companies said that Web4 will become a distinct unit of Neudesic. Neudesic is led by Parsa Rohani.
posted on Wednesday, May 27, 2015(Full story)