Friday, July 22, 2016
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TouchCommerce Acquired For $215M By Nuance
Agoura Hills-based TouchCommerce, the provider of customer service software and services, which e-commerce companies use to add live chat and support to their websites, has been acquired by Nuance Communications, Nuance said Thursday. Nuance said it would pay $215M, split between $110M in cash and $85M in stock, with $20M in earn out. TouchCommerce was founded and led by Bernard Louvat, and had raised around $32M in funding from such backers as Dolphin Equity, Emergence Capital Partners, Hudson (More info...)

posted on Friday, July 22, 2016(Full story)

Western Digital Backs Low Latency Interconnect Startup
Irvine-based Western Digital has made an investment in a developer of low latency interconnects, used to connect servers and flash memory storage together in fabrics. According to Kazan Networks, it raised $4.5M in a Series A funding, which was led by Samsung Ventures, and also included Intel Capital and Western Digital. WD is a major maker of flash-based storage devices. Kazan says its Kazan said its product allows for sub-1us latency to access on volatile memory over fabric networks, and is ba (More info...)

posted on Friday, July 22, 2016 (More)(Full story)

Interview with Gabe Grifoni, Rufus Labs
For our interview today, we have an interview with Gabe Grifoni, CEO and founder of Rufus Labs(, which has has developed an Android-based, wearable device which is aimed at use in the enterprise, warehouses, and factories. Rufus Labs is one of a number of hardware startups which have started to proliferate in the community, due to low cost hardware, 3D printing, and crowdfunding sites like Kickstarter and Indiegogo.

What's your product, and what is it used for?

Gabe Gri (More info...)

posted on Friday, July 22, 2016(Full story)

AristaMD Gets $11M To Reduce Unnecessary Doctor's Visits
San Diego-based AristaMD, which is developing software tools to help coordinate referrals by physicians to specialists, has raised $11M in a Series A funding round. The funding was led by Avalon Ventures, and also included Correlation Ventures. AristaMD says it has created software which is aimed at reducing the estimated 60 percent of specialists visits, which are routine and do not require and in-person visit. The company says its tool includes a comprehensive referral work up checklist, which (More info...)

posted on Friday, July 22, 2016 (More)(Full story)

MyLucke Launches Private Parking Marketplace
In an interesting twist on an Airbnb-for-anything, a new, Los Angeles startup, MyLucke, has recently launched a marketplace for private parking spaces in Los Angeles, which lets people with their own parking spaces--say, your driveway--make them available to others. The startup says it lets users make their private parking spots available to others on an hourly, daily, weekly, or monthly basis, and is aimed at helping to make more parking spaces available for both consumers and commuters. The st (More info...)

posted on Friday, July 22, 2016(Full story)

Legend VR Teams With Stan Lee On VR Episodes
Hollywood-based virtual reality technology and content developer Legend VR--the new unit of Legend 3D dedicated to creating virtual reality content--has announced its first major virtual reality project, a new series of virtual reality episodes for Stan Lee's Comic Crusaders. The company said it would debut those virtual reality episodes at Comic-Con. Legend VR said the new VR episodes are being co-produced by Genius Brands International, and were written by Fabian NIcienza (co-creator of Deadpo (More info...)

posted on Friday, July 22, 2016(Full story)

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