Wednesday, September 2, 2015
Invoca Trumpets Enterprise Growth
Santa Barbara-based Invoca, the developer of call tracking software for the lead generation market, said this week that it has seen what it says is record growth in enterprise customers. The company did not disclose any finances, but said it has seen its enterprise customers grow by 375 percent since 2013. Invoca, which is led by Mark Woodward, said new customers include
New York Times Store, Avalara, SunRun,, 3 Day Blinds, Mitsubishi Electric, Cvent, and K12. Invoca's platform is us (More info...)

posted on Wednesday, September 2, 2015(Full story)

Zirx Aims At LA's Parking Problem, After Funding From BMW
Are you one of the companies in Los Angeles that just doesn't have enough parking for your employees? One of the on-demand, parking services that serves Los Angeles---Zirx, said this morning that it is specifically looking to solve those issues for companies, with the launch of a new service. The Bay Area startup--which has been in Los Angeles since last November--said its new ZIRX Enterprise service is offered up to companies, to help its employees with parking. In fact, at least two of ZIRX's (More info...)

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Hulu Launches Ad-Free Streaming Service For $11.99 A Month
Los Angeles-based streaming television service Hulu said this morning that it has launched a new, ad-free service, which will cost $4 a month more than the company's existing, premium subscription. The $11.99 per month service is the first time Hulu has offered up viewing of the company's streaming content without advertising. Hulu's normal service costs $7.99 a month. Hulu CEO Mike Hopkins said the move is an effort to provide "the best possible experience" to its customers. Those customers hav (More info...)

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DTS Buys iBiquity Digital For $172M
Calabasas-based audio processing technology developer DTS has acquireed iBiquity Digital Corporation, in a deal worth $172M, the company said this morning. iBiquity Digital develops an audio and data broadcasting technology called HD Radio. DTS said the deal will be funded via cash on hand and debt. iBiquity's technology is used to convert AM/FM broadcasting from analog to digital format, and it heavily used by automotive OEMs; DTS said that every one of the 36 major auto brands in the U.S. offe (More info...)

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Mobcrush Takes $11M For Mobile Game Streaming
Santa Monica-based live game streaming startup Mobcrush has raised $11M in a Series A round, the company said Tuesday. The startup--led by Royce Disini--said the funding round was le dby Kleiner Perkins Caufield & Byers, and also included Raine Ventures, First Round Capital, Lowercase, Rincon Venture Partners, Crosscut Ventures and Advancit Capital. Mobcrush raised $4.9M in its seed funding round back in May. The company's mobile app lets users stream their video games to others, and also chat a (More info...)

posted on Wednesday, September 2, 2015(Full story)

Saucey Raises $4.5M For On-Demand Alcohol Delivery App
Los Angeles-based Saucey, a provider of an on-demand, alcohol delivery app said it has raised $4.5M in a seed funding round. The funding came from Blumberg Capital, Structure Capital, Altpoint Ventures, T5 Capital, HashtagOne, as well as individual angels. The company was founded by Chris Vaughn, Daniel Leeb and Andrew Zeck, who were all previously at TextPlus. Saucey delivers beer, wine, and spirits in Los Angeles, San Diego, San Francisco, and, as of yesterday, Chicago.

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TeleSign Launches New Verification API Product
Los Angeles-based TeleSign, the provider of two-factor, mobile authentication services and software, said today that it has launched a new product, called TeleSign Smart Verify. The new product provides an API to help with end-user verification and two-factor authentication for both online and mobile apps. The company said the new API is aimed at helping ot prevent fraud and stop account compromise, in a single API. TeleSign, which is led by Steve Jillings, provides it authentication services to (More info...)

posted on Wednesday, September 2, 2015(Full story)

Yardi Buys Optimus EMR
Santa Barbara-based software developer Yardi has acquired Optimus EMR, a developer of software used for managing long term care. Financial terms of the acquisition were not disclosed. Optimus EMR has staff in Irvine and Mansfield, Mass. Yardi said the acquisition will help it expand its suite of senior living software. Optimus EMR's software is ued to manage resident care and clinical activities. The company was founded in 2001.

posted on Wednesday, September 2, 2015(Full story)

Semtech, Others To Launch Internet-of-Things Network In Ventura County

Camarillo-based semiconductor devleoper Semtech, along with two partners, Mueller Systems and Senet, said Tuesday afternoon that they are launching a new wireless, low power, wide-are network in Ventura County using the LoRa networking standard. LoRa is an emerging, interoperable standard for low power, wide are networking protocols, which are aimed at use by the Internet-of-Things (IoT) market. The standard handles exchanging information between battery powered or other low-power devices.

(More info...)

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PAR Technology Gets $5.6M Award At Mugu
Military support contract PAR Technology Corporation said this morning that it has scored a $5.6M, contract award, at Point Mugu, to help provide satellite operations and maintenance services at the Naval Satellite Operations Center (NAVSOC) Headquarters. According to PAR, it will help in tracking, telemetry and commanding communication satellites as well as the management and ground system maintenance of Navy communications satellite equipment at Mugu. The win came through PAR Technology's Rom (More info...)

posted on Wednesday, September 2, 2015(Full story)

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