Thursday, October 15, 2015Inston, Cyberflow Advance Towards $150,000 Cisco Innovation AwardTwo, Southern California companies have made the semi-finalist list for the much-watch Cisco Innovation Grand Challenge competition, which promises to give out $150,000 to a company developing the "next best thing" in the Internet-of-Things area. Cisco said Thursday that San Diego-based CyberFlow Analytics and Los Angeles-based Inston are one of fifteen semifinalists that were selected out of 3,000 participants from 100 countries entering the competition. The two will compete to be one of the fi (More info...)
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Media Temple Unveils New Shared Hosting OfferingLos Angeles-based web and cloud hosting service provider Media Temple said Thursday that it has launched a new, shared hosting solution, which is based on its existing shared hosting platform, Grid. According to Media Temple, the new shared hosting offer now offers a managed, shared hosting to its users, available through three different plans: Grid Pro, Grid Agency and Grid Agency+. The new managed offering automatically handles application updates, malware scanning and automated removal, perf (More info...)
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Service Finds $3.1M In Seed FundingLos Angeles-based startup Service, a new, on-demand startup looking to channel the frustration and anger of customers not happy with their customer service from other companies, has raised $3.1M in a seed funding round, the company said this week. The funding was led by the Founders Fund, and also included Menlo Ventures, Maveron, Eight Ventures, Arena Ventures, Alex Bard, Tikhon Bernstam, Brenden Mulligan and Robin Chan. The startup, led by Michael Schneider, hunts down businesses after custome (More info...)
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Clinton Foy: Why We Bought Our Own E-Sports Team, the Immortals
What is the appeal of e-sports; and how is it that investors are now buying their own e-sports teams, just like investors might buy and sell their own, traditional sports teams in soccer, basketball, and football? To get some insight into the growing world and business of e-sports, we caught up with Clinton Foy, a local venture capital investor at Crosscut Ventures in Los Angeles. Foy—along with a number of partners, including, Brian Lee of Honost Co.; Peter Levin of Lionsgate Interactive Ve (More info...)
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Onestop Internet Names New VPLos Angeles-baesd Onestop Internet, which provides outsourced fulfillment and technology for brands and their e-commerce efforts, said Wednesday that it has named Denise Wallen-Grant as its new Vice President of Planning, Merchandising, and Allocation. Wallen-Grant was most recently at The Kasper Group and The Jones Group, as well as The Gap, Ann Taylor, and Polo Ralph Lauren. She will be based in New York. Onestop Internet is backed by Bessemer Ventures and Fund Capital USA. OneStop helps brand (More info...)
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Ice Energy Ties With Solar Panel Providers For Energy BundleSanta Barbara-based Ice Energy, the developer of energy storage devices which use ice to offload electric grids of peak loads, said Wednesday that it has launched a new, bundled solution which combines both its energy storage and photovoltaic solar energy. According to the company, it has created a Solar + Ice bundle, which uses rooftop solar PV and its Ice Bear thermal energy storage products, to help utilities with their clean energy efforts. Ice Energy says it is working with NRG Energy and o (More info...)
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