Tuesday, March 1, 2016Lionsgate, Hulu Team Up To Acquire Right To Film JoshyLionsgate and Hulu said that they have teamed up to acquired the North American rights to a film, Joshy, from writer and director Jeff Baena (Life After Beth), the two said on Tuesday. Financial details on the deal were not disclosed. According to the two, Lionsgate Premiere will release the film on its label, which will be available exclusively for streaming on Hulu following its theatrical run. The deal appears to be the latest in a series of exclusive streaming deals which online providers li (More info...)
posted on Tuesday, March 1, 2016(Full story)
Startup Next Opens Los Angeles ApplicationsStartup Next Los Angeles, a program which is part of the Techstars startup accelerator, said Tuesday that it has opened up applications for its Fall program. According to Startup Next, it helps startups prepare for accelerators and seed investment, using mentors and other founders to help startups with pitches, and puts them through a series of weekly seminars around pitching their company, market sizing, finding product/market/fit, and other topis. The free program--which does not take equity o (More info...)
posted on Tuesday, March 1, 2016(Full story)
Wurrly Rolls Out Android App For Recording, Sharing Cover SongsAre you an aspiring singer, who is interested in sharing your voice talent with the world? Los Angeles-based mobile app developer Wurrly said Tuesday that it has rolled out an Android version of its app, which lets users record and share their covers songs of popular tunes. The company--which already offers up an iOS version of its app--lets singers pick and record tracks, which can be customized by key, tempo, and instrumentation. Wurrly is led by Nadine Levitt, and says it now has over 300,000 (More info...)
posted on Tuesday, March 1, 2016(Full story)
HomeHero Shifts To W-2 Workers, Focuses On EnterpriseSanta Monica-based HomeHero, which operates an online marketplace for finding in-home care for seniors, said today that it is shifting its care providers from independent contractors to W-2 employees. According to HomeHero, it will use the shift to create a new platform called the HomeHero Collaborative, which it says will help provide hospitals and health plans with finding care providers. The company did not say what drove its shift to W-2 employes, however, marketplace companies have faced so (More info...)
posted on Tuesday, March 1, 2016(Full story)
The Trade Desk Quietly Pushes Past $200M In RevenuesVentura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk, the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region. The company--which quietly disclosed the $202M in 2014 revenues in the 2015 Inc. 5000 rankings--is backed by Double M Partners, Founder Collective, Hermes Growth Partners, IA Ven (More info...)
posted on Tuesday, March 1, 2016(Full story)
Kurion Completes Prototype Of Tritium Removal SystemIrvine-based Kurion, which develops nuclear and hazardous waste cleanup and removal systems, said Monday that it has completed a prototype of a new system for removing tritium from contaminated water. Tritium is a dangerous, highly radioactive isotype of hydrogen, which is difficult to remove from water -- and is one of the nuclear isotopes that are causing major headaches at Fukushima, due to the need for a vast amount of water to continue to cool Fukushima's damaged reactors. TEPCO, the energ (More info...)
posted on Tuesday, March 1, 2016(Full story)
Western Digital Bumps Hard Drive Capacity To 8TBIrvine-based disk drive maker Western Digital says it has bumped the upper limits of its hard drive capacity to 8TB, across its entire line of hard drives and external storage products. According to WD, it will be launching 8TB hard drive support throughout the first half of 2016, across both its popular My Cloud personal storage devices, My Book external hard drives, and other products. The increase also means that a number of its RAID based products now support 16TB in RAID 0 configuration. Th (More info...)
posted on Tuesday, March 1, 2016(Full story)
NantMobile Launches Media Sharing App With AT&TLos Angeles-based NantMobile, one of the companies founded by biotech billionaire Patrick Soon-Shiong, has launched a new app with AT&T, the companies said today. NantMobile's new miik access by iD app allows users to share and access digital content from other users, handling photos, videos, large filess, and more. The app runs both on iOS and Android. NantMobile said the app can be used for health and IoT information on devices, however, the apps look to be geared towards consumer access and (More info...)
posted on Tuesday, March 1, 2016(Full story)
Kingston Digital Sells Off IronKey's HDD Division, Sets Plans for ProductsFountain Valley-based Kingston Digital, the flash memory arm of Kingston Technology, said on Monday that it has sold off the HDD division of IronKey, and set plans for the rest of the company. Kingston Digital said it has sold of Ironkey's external, encrypted HDD business to DataLocker. Financial details of that sale were not announced. Kingstom said the remainder of IronKey's products--particularly, its USB flash drive line--will be used to help customers who need FIPS 140-2 Level 3 encryption (More info...)
posted on Tuesday, March 1, 2016(Full story)
Wrike Opens Office In San Diego, Plans to Hire 150Mountain View-based Wrike, a developer of enterprise work management software, said on Monday that it has opened up a new office in San Diego, and plans to hire 150 people in the location. Wrike said the new jobs in the location will be in sales and customer service. Write said it selected San Diego over several other cities, including Austin, Raleigh, and Phoenix, citing the city's "rich talent pool" and startup environment. Wrike is backed by Bain Capital, DCM Ventures, and Scale Venture Partn (More info...)
posted on Tuesday, March 1, 2016(Full story)
Snapchat Taps Former Facebook Exec For Ad EffortsVenice, California-based Snapchat has hired on Facebook executive Sriram Krishnan, who had headed up Facebook's ad network for the last few years, according to a report on Monday. Krishnan ran Facebook's Audience Network, its effort to sell display and video ad space on Facebook apps.
posted on Tuesday, March 1, 2016(Full story)
Willdan Buys Genesys EngineeringAnaheim-based consulting and technical services provider Willdan Group said late Monday that it has acquired New York-based Genesys Engineering, a provider of mechanical and electric consulting and engineering for the power and utility industry. Financial terms of the acquisition were not disclosed. Willdan said Genesys had approximately $30M in revenues in 2015, and provides planning, design, project management, and commissioning services for the energy and utility infrastructure of major facil (More info...)
posted on Tuesday, March 1, 2016(Full story)