Friday, August 12, 2016Dodgers Back Startup Aimed At Real World InteractionThe Los Angeles Dodgers have backed a Silicon Valley startup which says it is developing software to help bring engagement into real world venues and bricks-and-mortars locations. Sunnyvale-based Xperiel says it has raised $7M in funding, from several members of Google's board, the Los Angeles Dodgers, and Andy Bechtolsheim, the co-founder of Sun Microsystems.Xperiel says its system can "unlock the power of physical interactivity" using GPS, beacons, and augmented reality, much like Pokemon Go a (More info...)
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Axiom Materials Gets Funding, InvestmentSanta Ana-based Axiom Materials, a developer of advanced composites for the aerospace, defense, automobile, energy, and other industries, is in a recapitalization and investment deal with private equity investor Sorenson Capital. Financial details of the investment and recap were not announced by the companies. The two son Friday that the deal involves a "significant" investment from Sorenson Capital, along with Yukon Partners. Axiom Materials, which was founded by Johnny Lincoln, Ph.D., preside (More info...)
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General Assembly To Open New Location In IrvineGeneral Assembly, the provider of technical skills training, which has an active campus in Santa Monica, says it is will be opening up a new location in Irvine. General Assembly said it has not yet finalized the precise location and opening date, but says it will start hosting events and short workshops throughout Irvine ahead of the new location. The expansion is part of a global expansion for General Assembly, which is expanding to a total of 25 campuses, up from its current 12 locations. Gene (More info...)
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Arrowhead Pharmaceuticals Raises $45M In PIPEPasadena-based Arrowhead Pharmaceuticals, a biopharmaceuticals developer aiming at treating hepatitis and other diseases has raised $45M in a private offering, the company said today. The publicly held firm, which trades as ARWR on the NASDAQ, said the funding came from Orbimed, RA Capital Management, Perceptive Advisors, RTW Investments, and others. The company said the private offering was managed by Cantor Fitzgerald & Co., with Trout Capital LLC and Chardan Capital Markets LLC acting as fina (More info...)
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OnBoat.co Launches Boat Charter MarketplaceMarina Del Rey-based OnBoat.co says it has launched a new, online boat charter marketplace, aimed at connecting users with boat charters. According to OnBoat.co, it is offering up access to boat rentals in San Francisco, San Diego, Newport Beach, Miami, Cancun, with plans to expand to Hawaii, Australia, and elsewhere. The marketplace appears to currently feature mostly professional charter operators--with pre-set tour plans and captains, although OnBoat.co said it wants to allow owners of boats (More info...)
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AeroVironment Deploys Drone With U.S. NavyMonrovia-based AeroVironment has deployed its small, Puma AE unmanned aircraft systems with the U.S. Navy, on the USS Stout, the company said on Thursday. According to AeroVironment, the U.S. Navy has tested and deployed its RQ-20B Puma small unmanned aircraft system (AUS) on the USS Stout, which is a guided missle destroyer. The USS Stout is being used in the Arabian gulf.
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