Thursday, February 25, 2016Peloton Snags Strategic Investment For Financial CommunicationsWest Hills-based Peloton Document Solutions, a company developing software which helps investment bankers, private equity investors, and companies to communicate financial information via interactive documents, has scored a strategic investment from R.R. Donnelley & Sons Company. Financial terms of the investment were not disclosed. According to R.R. Donnelley, the investment comes as part of a strategic relationship which will integrate sales and development of their joint deal marketing servic (More info...)
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SOCi Scores $2.25M For Social Media Marketing ToolsSan Diego-based SOCi, a developer of social media management and marketing software, has raised $2.25M in funding, the company said Wednesday. The funding came from angels Taner Halicioglu (Facebook), Doug Hecht (Digitaria), and venture company GrowthX, along with Trevor and David Klein (AutoAnything) and Asaf Benhaim (iMatrix). SOCi is taking aim at competitors such as Hootsuite, with what it says is a "next-generation" social media content discovery and marketing product. The company said its (More info...)
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Overnight Raises $2.5M For Booking Last Minute RoomsLos Angeles-based Overnight, a brand new travel booking app startup which aims to connect last minute travelers with local hosts, has raised $2.5M in a seed funding, the company is announcing this morning. The funding was led by Accomplice and CrossCut Ventures, and also included Paul Bricault (Greycroft/Amplify) and Elliott Bisnow (Summit Action Fund). Overnight was founded by Asher Hunt, Artia Moghbel, and Ethan Kravitz. The company's app lets travelers connect at the very last minute with loc (More info...)
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Report: Amazon Paid $15M For Latest Woody Allen FilmAmazon.com has paid $15M for the untitled film from Woody Allen, according to the Hollywood Reporter, which said that the amount is more than three times what Woody Allen got for his last film. Amazon announced the deal to acquire Allen's film last week, but did not disclose the finances behind the deal, which the Hollywood Reporter called "staggering". Amazon runs its content efforts out of Los Angeles, as part of its efforts to attract more people to its Amazon Prime service and Prime Instant (More info...)
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Signal Sciences Raises $9.7M, Launches DevOps Security ToolsVenice, California-based Signal Sciences, a developer of security tools aimed at the DevOps market, said this morning that it has raised $9.7M in a Series A round, and launched its products. The company said its Series A was raised in 2015, and came from Index Ventures. Signal Sciences says it has developed a web application firewall (WAF), specifically designed for agile development and DevOps teams. The company said its founding team came from Etsy, and that its software is already being used (More info...)
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TigerText Adds Speech Recognition To Secure Messaging ToolsSanta Monica-based secure messaging app developer TigerText has rolled out new speech recognition capabilities to its healthcare communications platform, TigerConnect, the company said on Wednesday. According to TigerText, developers can now build apps using speech recognition via its platform, thanks to a tie into the Nuance Dragon Medical One platform. TigerConnect is TigerText's developer platform, which lets customers create their own, HIPAA-compliance messaging tools.
posted on Thursday, February 25, 2016(Full story)