Thursday, August 11, 2016PureSpectrum Gets $1.6MWestlake Village-based PureSpectrum, a startup which operates an online marketplace to help buyers collect survey panels, has raised $1.6M in a funding round, according to the company. The funding came from multiple, un-named strategic partners. The company was founded by Michael McCrary. PureSpectrum is part of the Hub101 startup incubator space in Westlake Village, which is part of the Cal Lutheran University Center for Entrepreneurship.
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Cal Net Technology Group Acquires inhouseITChatsworth-based Cal Net Technology Group, a provider of IT support services, has acquired Orange County-based b>inhouseIT, according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July. Financial terms of the acquisition were not disclosed. Cal Net Technology's CEO is James Hwang.
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OpenMail Gobbles Up InfospaceVenice, California-based OpenMail has completed its deal to acquire online search engine site Infospace, from owner Blucora. The deal, which was announced in July, was worth $45M in cash. OpenMail is led by former Demand Media executive Chuck Ursini, and is developing data warehousing products in the marketing analytics and targeting area. Infospace has been around since 1996.
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Samsung Electronics Buys DacorSamsung Electronics America, the U.S.-based arm of Samsung Electronics, said late Wednesday that it is acquiring luxury home appliance maker Dacor, which is based in Southern California. Financial terms of the acquisition were not announced. Dacor is based in Industry, California, which encompasses parts of Los Angeles, Orange County, and the Inland Empire. Dacor is a family owned company which was founded in 1965 by Stanley M. Joseph. Samsung Electronics--known in the technology industry for it (More info...)
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Interview with Adam Arrigo, The Wave VR
Earlier this week, The Wave VR announced a round of funding, to develop a virtual reality environment specifically for live music. We spoke with Adam Arrigo, CEO of the startup, to learn more about what the whole idea behind The Wave's VR software is, and how the company it looking to apply VR to the music industry. The Wave VR is backed by PCB Edge, Presence Capital, Rothenberg Ventures, RRE Ventures, The VR Fund, Seedcamp, plus angels, anddual headquartered in Los Angeles and Austin.
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Flipagram Links With SoundHoundLos Angeles-based Flipagram, which develops mobile video apps which let users create slideshows that sync up with your favorite songs, said it has linked up with SoundHound. According to the two companies, users searching for songs can create a Flipagram with any song found through SoundHound's app, as part of a new partnership. SoundHound has create a new "Create Music Video" button within SoundHound's song pages, which automatically links users to Flipagram to create their own videos. Financia (More info...)
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Snapchat Takes Down Another Offensive Selfie FilterVenice-based Snapchat has taken down a new so-called "yellowface" selfie-filter from its service, which had allowed users to superimpose squinted eyes and buck teeth on their images. The filter was removed after widespread complaint from Asian users over the filter, which some users on Twitter called the "most overtly racist filter ever". The filter is the second, racial mis-step by Snapchat in the selfie filter area: the company also faced widespread complaints when it released a "Bob Marley" f (More info...)
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Yardi Wins Customer In OregonSanta Barbara-based Yardi has scored a customer win in Oregon, with commercial property management company Melvin Mark Companies. Financial impact of the win was not disclosed. Melvin Mark Companies is using Yardi's Commercial LeasingPad software, which is used for customer relationship management and deal tracking. Yardi's software is being used to replace a manual, paper-driven process for its new customer. Melvin Mark Companies manages more than three million square feet of commercial space i (More info...)
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