Wednesday, June 29, 2016


Rincon Backs Keen IO In New Round
Santa Barbara-based venture investor Rincon Ventures has backed portfolio company Keen IO, in a followup investment in that company's Series B. Keen IO, which is based in San Francisco, said it raised $14.7M in a funding round from Pelion Ventures, along with Sequoia Capital, Rincon Venture Partners, Amplify Partners, Rothenberg Ventures, Techstars, 500 Startups, Heavybit and Galvanize Ventures. Rincon Ventures' Jim Andelman is on the board of Keen IO, and the company is one of the original inve (More info...)
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MAKE IT IN LA Aims To Bridge Entrepreneurs, Manufacturers
A new effort, led by Los Angeles Mayor Eric Garcetti and headed up by startup evangelist Krisztina 'Z' Holly, is looking to bridge the gap between entrepreneurs and manufacturers in LA. The new MAKE IT IN LA effort recently published a study, which found that manufacturing has more employment in LA than the creative industry; and that there is excess capacity in Los Angeles for manufacturing, with lots of potential to tie that manufacturing expertise with LA's new startup culture. According to M (More info...)
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Esri Rolls Out Green Infrastructure Mapping Effort
Redlands-based geographical information systems (GIS) software developer Esri says it has rolled out a new set of tools, specifically aimed at "green" infrastructure planning. According to Esri, it has partnered with the National Geographic Society, on tools that help U.S. communities map out open space, wildlife habitats, parks, and other natural areas, to help them identify, protect, and connect those spaces. Esri said the core of that new effort is a national map which depicts every intact na (More info...)
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Frequency Names President
Los Angeles-based video distribution platform developer Frequency announced this morning that it has named Ian Aaron as its new President, to oversee global distribution, content licensing and business development for the company. Aaron has previously served as President of Gemstar TV Guide Inernational, and also served as CEO of TVN Entertainment. He has been an advisor to the company since it first started. Frequency aggregates and distributes videos from a wide range of TV stations, multi-cha (More info...)
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Chrome River Wins Sabre
Los Angeles-based invoice and expense management software provider Chrome River announced today that travel giant Sabre has selected the company's software for global deployment. According to Chrome River, Sabre will deploy Chrome River's expense and invoice processing software to almost 10,000 employees across 29 countries. Financial impact of the win was not announced. Chrome River is led by Alan Rich.
posted on Wednesday, June 29, 2016(Full story)