Thursday, August 4, 2016Report: Sling Media's Blake Krikorian Passes AwayBlake Krikorian, the UCLA graduate who founded Sling Media, the maker of the Slingbox, has died, at the age of 48, according to reports trickling out of Silicon Valley. Krikorian apparently died of a heart attack yesterday in the San Francisco area. Krikorian had received a BS in Mechanical Engineering from UCLA in 1990, and also played on UCLA's Men's Water Polo team. He moved to Silicon Valley after graduating from UCLA, but was also well known in Southern California's technology community.
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j2 Global Revenues Rise To $211.8M In Q2Los Angeles-based J2 Global said on Wednesday that its revenues increased to $211.8M in Q2, up 20.3 percent from last year, as its continues to have a significant piggyback of cash and investments for its acquisitions. The company--which says it ended the quarter with $407.2M in cash and investments--said it now expects its revenues to be between $830 and $860 million in its fiscal 2016. j2 Global has been quietly become one of Southern California's largest companies in the technology sector, wi (More info...)
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How Cloudvirga Wants To Disrupt The Slow, Antiquated Mortgage Industry
For anyone who has ever gotten a mortgage for a home, they know it's a very slow, antiquated, frustrating, and time consuming process. It's also very expensive and complex for lenders. Enter cloudvirga (www.cloudvirga.com), a new startup in Irvine—created by veterans of the mortgage industry—which is hoping to disrupt that antiquated process, by automating the entire process. Cloudvirga recently raised $7.5M in funding, from Dallas Capital, Upfront Ventures, and Tribeca Angels. We spoke w (More info...)
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Evofem Raises $25MSan Diego-based EVOFEM, a biotechnology firm developing new contraceptives for the women's reproductive health market, announced this morning that it has raised $25M in a Series D funding round. The funding came from Woodford Investment Management. According to the company, the funding goes towards clinical and commercialization infrastructure, plus its current pipeline of technology. EVOFEM is led by Saundra Pelletier.
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Cylance Expands Consulting ServicesIrvine-based cybersecurity provider Cylance has expanded its consulting services, saying that it has added a new set of prevention services for the private and public sector. According to Cylance, it will offer prevention services for the healthcare, finance, government, critical infrastructure, education, retail and energy verticals, which will focus on such areas as incident response; securing industrial control systems; prioritizing and mapping risks within organizations; endpoint protection (More info...)
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YouMail Launches New Conference Calling ServiceIrvine-based YouMail, which provides enhance voicemail and other related services, has launched a new, free conference call service, directly linked to a person's phone number, the company said on Tuesday. According to the company, led by Alex Quilici, it is now providing all of its users with a free conference calling number--the user's own cell phone number. YouMail's service lets a user activate the conference call by pressing a button on its mobile app, and callers into a person's number pre (More info...)
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Interlink Electronics Names New Sales, Marketing VPWestlake Village-based Interlink Electronics, which develops force sensors and other related products, says it has named Mark Litecky as Vice President of Sales and Marketing at the company. Litecky has previously served at Rosemount Inc. (Emerson Process Controls), NT International (Entegris), August Technology (Rudolph Technologies), Starkey Labs, and Soligie (Molex). Interlink said Litecky spent the last seven years in the printed electronics space, and has a 28-year career.
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