Thursday, November 12, 2015Panjo Picks Up $4.6MSanta Monica-based Panjo, which operates an online marketplace for automotive and sport enthusiasts, said this morning that it has raised $4.6M in a Series A funding round. The funding came from Spark Capital, along with The New York Times Company, Fabrice Grinda, Lerer Ventures, BDMI, BEENOS Partners, Mucker Capital and Mesa. Panjo was founded by Chad Billmyer, Juan Vasconez, and Tom Gerken. According to the company, it has now raised a total of $6.7M. Panjo said the new funds go to expand its (More info...)
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NextVR Gets $30.5M For Virtual Reality BroadcastingLaguna Beach-based NextVR announced this morning that it has raised $30.5M in a Series A funding, to help extend its virtual reality broadcasting technology. The funding was led by Formation 8, and also included Time Warner Investments, Comcast Ventures, Peter Guber, RSE Ventures, The Madison Square Garden Company, and Dick Clark Productions. Brian Koo of Formation 8 will join the company's board with the funding, with Time Warner Investments' Scott Levine joining as an observer. NextVR is devel (More info...)
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TeleSign Partners With SwisscomLos Angeles-based TeleSign, the provider of phone verification and mobile identity technology led by Steve Jillings, said Wednesday that it has partnered with Swisscom, the Switzerland-based telecom provider. According to the two, they will link to develop and deliver new identity services, to help improve online account security, verify financial and e-commerce transactions, and prevent fraud. Financial details of the partnership deal were not disclosed, and the two did not say exactly what ser (More info...)
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Semtech Deploys In Belgium, LuxembourgCamarillo-based analog and mixed signal semiconductor maker Semtech Corporation reports this morning that it has deployed its LoRA RF networking technology in Belgium and Luxembourg. Semtech said its LoRA network is being used for an Internet-of-Things network in the two countries, by Proximus, a large telecom operator. Financial impact of the win was not disclosed. Semtech said its networking technology is aimed initially at remote asset tracking and facility management, and also is being targe (More info...)
posted on Thursday, November 12, 2015(Full story)