Monday, April 11, 2016Report: Resonant Struggling, Running Out Of CashGoleta-based Resonant, a developer of RF radio filters used for the smartphone and other markets, is struggling, and may run out of cash, according to a report. The report, from the Pacific Coast Business Times, says Resonant only has enough cash to support operations through the second quarter of 2016. Resonant makes surface acoustic wave (SAW) filters, used in RF filtering for cell phones; the company reported a customer in March, but no financial details of that win.
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StoneCalibre Acquires AmtelLos Angeles-based private equity investor StoneCalibre said this morning that its portfolio company, NetPlus, has acquired Santa Clara-based Amtel Inc.. Financial details of the acquisition were not announced. Amtel is a developer of mobility and expense management software for the enterprise market, including software for managing mobile devices, mobile apps, and expense management, particularly for BYOD (bring your own) devices. StoneCalibre acquires lower middle market companies, and is led b (More info...)
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Virgin America Adds Free Access to Lynda.com, Sets ViaSet WiFi PricingVirgin America said this morning that it will be offering up free access to Lynda.com, the professional learning and content site run out of Goleta--and now owned by LinkedIn--as part of a wide rollout of high speed, Wi-Fi access from Carlsbad-based ViaSat. Virgin America, which has been in early trials on the new high speed, satellite WiFi from ViaSat since July of last year, said it will also offer up free WiFi access for its Elevate Gold members, and pricing starting at $4.99 for short haul f (More info...)
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SpaceX Dragon Successfully Arrives At ISSThe SpaceX Dragon spacecraft has successfully mated to the International Space Station's Harmony module on Sunday, at 9:57 a.m. EDT, after a successful launch into space of the SpaceX Falcon 9 on Friday. According to NASA, the Dragon is delivering around 7,000 pounds of material for science and research investigations for its Expedition 47 mission, including a new, inflatable activity module from Bigelow Aerospace. SpaceX succesfully launched Falcon 9 into space on Friday afternoon, and managed (More info...)
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Vizzario Gets $2M From VSP For Vision Tracking TechnologyLos Angeles-based Vizzario, a startup developing eye tracking technology to help monitor eye health and vision, has score $2M from eye care insurance giant VSP Global, VSP said this morning. According to VSP, it made the investment in Vizzario, to help that company develop eye care technologies to track visual acuity, eye strain, traumatic brain injury, and sports vision performance. Vizzario is apparently using smart devices, wearables, eye-tracking, electroencephalogram (EEG) systems, virtual (More info...)
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Velocify Rolls Out New Sales Prospecting ToolLos Angeles-based Velocify, the developer of leads management and sales software, has rolled out a new tool call SalesCaddy. According to Velocify, the new tool uses social and professional networks to help its users discover and convert potential buyers. Velocify said the tool includes two features--implemented as browser plugins--SocialCaddy and MailCaddy. SocialCaddy lets users search social and professional networks liked LinkedIn and Facebook and import those contacts into their CRM systems (More info...)
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Boingo Wireless Target Of Activist InvestorLos Angeles-based Boingo Wireless, the operator of Wi-Fi networking and small cell site antenna systems, is the target of activist investor Ides Capital, which said last week that it is looking to nominate two directors to Boingo's board. Boingo Wireless responded to Ides Capital's proposal on Friday, saying that it had attempted to reach out to meet with Ides Capital's nominees for the board, and had been rejected, and that it would seek to avoid a potentially costly and distracting proxy conte (More info...)
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Newegg Launches New Program For Marketplace SellersLos Angeles-based NewEgg announced a new program today, aimed at its third party marketplace sellers. According to NewEgg, its NewEgg Premier Seller Program includes increased product exposure, enhanced product lists, a "Premier" badge, and other benefits, and can only be applied for by the company's most trusted sellers with the best customer satisfaction ratings. NewEgg said companies applying to the new program must keep 100% of their inventory in stock, and ship 90% of their orders within 2 (More info...)
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