Thursday, November 5, 201517 Media Raises $10M For Photo, Video Streaming App For CelebsLos Angeles- and Taipei, Taiwan-based 17 Media announced Thursday that it has raised $10M in a Series A funding, for the company's video and photo streaming app specifically aimed at entertainers, celebrities, and influencers. The funding was led by Infinity Venture Partners and Prometheus Capital, and also included angels Lawrence Ng (Oversee.net); Jaime Lin (AppWorks), and Xu Le (High Level Limited). The company was co-founded by Jeff Huang, a hip-hop music group founder, and Popo Chen, a Taiw (More info...)
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MarketShare Partners Acquired For $450MLos Angeles-based MarketShare Partners, the marketing analytics technology developer led by Wes Nichols and Jon Vein, has been acquired by Neustar, in a deal worth $450M. According to Neustar, Marketshare generated $57M in revenues for the twelve months ended September 30, 2015. MarketShare was venture backed by FTV Capital, Elevation Partners, along with others. MarketShare's predictive analytics software is used by the marketing industry to understand how their investments marketing and sales (More info...)
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Interlude Gets Strategic Investment From SamsungInterlude, a video-based, media and technology company with operations in Los Angeles, which says it has created a video technology which responds to a person's emotions and interests, has raised a strategic funding from Samsung Ventures. Size of that investment were not disclosed. interlude, led by Yoni Bloch, says it is developing a platform which creates a more interactive, video experience for viewers. The company has its headquarters in New York, and offices in Tel Aviv, Israel and Los Ange (More info...)
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Beyond Meat Bolsters Board With McDonald's VetEl Segundo-based Beyond Meat, a startup which is developing plant-based, protein alternatives to meat, said Thursday that it has named Don Thompson, the former CEO of McDonald's, to its board. McDonald had served as CEO and President of MCDonald's, President and Global Chief Operating Officer, President of McDonald's USA, as well as Executive Vice President of McDonald's Restaurant Solutions Group, and spent nearly 25 years at the company. Current board member Seth Goldman becomes Executive Chai (More info...)
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TicketManager Gets $20MCalabasas-based TicketManager, the developer of entertainment and sports ticket management software, said Thursday morning that it has raised $20M in a Series B funding round. The funding came from Kayne Partners and Point Judith Capital. The company said it will use the funding to expand into new markets and accelerate growth. TicketManager, led by Tony Knopp, develops software to help luxury suite owners better manage their tickets; the company said its clients include FedEx, Nissan, Konica Mi (More info...)
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Biological Dynamics Finds $26.8M For Cancer DiagnosticsSan Diego-based molecular diagnostics startup Biological Dynamics announced this morning that it has raised $26.8M in a Series C financing. The funding included Heritage Group, Alexandria Venture Investment, and Irwin Jacobs, the co-founder of Qualcomm. According to Biological Dynamics, the round was led by an un-named, large institutional investor associated with a major university. Biological Dynamics develops a platform to help isolate nanoparticles from whole blood, plasma, and serum, for us (More info...)
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Interview with Kevin Anderson, AppetizeFor our interview today, we sat down with Kevin Anderson, one of the co-founders of Los Angeles-based Appetize (www.appetizeapp.com), the developer of a cloud based enterprise point of sale solutions for venues and events. Appetize is backed by the Guggenheim, the 49ers Family Office, WME SVP of Music Marc Geiger, Roar Entertainment and others; the company recently announced deals with Live Nation and the Sacramento Kings, and is part of the Dodgers Accelerator.
What does Appetize do?
Kevin (More info...)
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Nimble, Owler Link Up On Company ProfilesSanta Monica-based customer relationship management software provider Nimble>, and company information provider Owler said this morning that the two are in a strategic partnership, where Nimble will use content from Owler's company profiles, within its browser plugin. The two said the integration will bring over 15 million company profiles, with information such as revenue, CEO, and industry information into Nimble. Financial details of the link were not announced. Nimble is led by Jon Ferrara, (More info...)
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Howard Marks Takes On United Online With Dissident Shareholders GroupHoward Marks, the co-founder of Start Engine, founder and CEO of Acclaim Games (now owned by The Walt Disney Company), and former Chairman of Activision Studios, isn't happy with how things are going at Los Angeles-based United Online. To that end, he announced Thursday that he has created a new, stockholders group, Concerned Stockholders of United Online (CSU), which he says will put forward a dissident director slate for the company's annual meeting of stockholders. According to Marks, who has (More info...)
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Semtech Selected For IoT Network In IndiaCamarillo-based analog and mixed signal semiconductor developer Semtech announced today that its LoRa technology has been selected to power an Internet-of-Things (IoT) network in India. Semtech said Tata Communications is using its technology to deploy an IoT network in key cities in India, starting with Mumbai, Delhi, and Bangalore. Financial impact of the win was not announced. LoRa is an emerging, low power, competitive technology which competes against 4G, WiFi, ZigBee and Bluetooth alternat (More info...)
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