Wednesday, April 13, 2016mPulse Mobile Ups Funding To $13MLos Angeles-based mPulse Mobile, which develops mobile healthcare software, has upped its recent funding round to $13M. The company--which announced the first tranche of a Series A in January, worth $10M--said the new funding came from Cambia Health Solutions and Rincon Venture Partners. The first tranche came from HLM Venture Partners, OCA Ventures, Merrick Ventures and Jumpstart Ventures. mPulse Mobile is led by Chris Nicholson, and develops software to help remind people about appointments, (More info...)
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LRES Buys InsideValuationOrange, California-based LRES, a provider of real estate appraisal management and property valuation services and technology, said Wednesday that it has acquired InsideValuation, a company providing commercial and residential property evalutaions. Financial terms of the acquisition were not announced. InsideValuatio nwas based in Reno, Nevada.
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Maxwell Technologies Sells Microelectronics Product LineSan Diego-based Maxwell Technologies has sold off its microelectronics product line, in a deal worth $21M in cash, the company said Tuesday. Maxwell said it is selling its microelectronics product line to Data Device Corporation, a subsidiary of ILC Industries; the deal includes all assets and certain liabities related to that line of products. Maxwell Technologies is a developer of energy storage devices based on ultracapacitors.
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Experian Expands In San DiegoExperian said Tuesday afternoon that it is expanding in San Diego, and has opened up a new data and innovation lab in the city to help focused on advanced data analysis processes, research and development. According to Experian, San Diego has become a "hot bed for data scientists", and that it "couldn't find a better place" in the United States for an environment for its data scientists. Experian initially set up its Experian DataLabs offices in San Diego five years ago. The company did not say (More info...)
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Teledyne Buys Quantum DataThousand Oaks-based Teledyne Technologies announced this morning that it has acquired the assets of Quantum Data, a provider of electronic test and measurement instrumentation, particularly in the area of video protocol analysis. Financial details of the transaction were not announced. Quantum Data is base in Elgin, Illinois, and will join Teledyne's test and measurement subsidiary, Teledyne LeCroy. Quantum Data's protocol analyzers are used to monitor High-Definition Multimedia Interface (HDMI) (More info...)
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Jacobs Buys Cybersecurity Firm The Van Dyke Technology GroupPasadena-based engineering firm Jacobs Engineering Group said Tuesday that it has acquired The Van Dyke Technology Group, a 180-person cybersecurity firm. Financial details of the acquisition were not announced. The Van Dyke Technology Group is based in Maryland, and provides its cybersecurity services for the U.S. Intelligence Community and for classified government networks. Jacobs said that Van Dyke specializes in identity and access management, threat mitigation and other cybersecurity solut (More info...)
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Demand Media Unloads Cracked For $39MSanta Monica-based Demand Media has sold Cracked, its online humor site, to the E.W. Scripps Company, in a deal worth $39M in cash, the companies said late Tuesday. According to Demand Media, the move will give it a "more focused portfolio of businesses", and also "significantly" strengthen its balance sheet. Demand Media acquired Cracked in 2007. The sale comes as Demand Media has been seeing a steep drop in revenues from its content businesses. Scripps said that Cracked had revenue in 2015 of (More info...)
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CoreLogic Swizzles CFOIrvine-based property information provider CoreLogic has named a new CFO, saying that it has appointed James L. Balas to its top finance position. Balas had been serving as Senior Vice President Finance, Controller, and Principal Accounting Officer at CoreLogic since 2012, and had been at the company since March of 2011. Balas replaces former CFO Frank Martell, who had been CFO since August of 2011. Martell continues on at the firm as Chief Operating Officer. Martell had been both CFO and COO o (More info...)
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