Friday, January 13, 2017


Rubicon Project Seeks Buyer, Says Report
Los Angeles-based advertising exchange Rubicon Project is reportedly seeking a buyer, and has engaged investment banking firm Morgan Stanley to shop the firm, according to the WSJ on Friday. The report cited "people familiar with the matter". The report said Rubicon Project is looking at strategic options for the company, including a sale of the company.
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Maple Media Launches App Rollup Venture, Backed By Shamrock Capital
Los Angeles-based Maple Media, a new startup led by startup veterans Clark Landry and Michael Ritter, said late Thursday evening that it has launched a new venture which will acquire and roll up mobile apps. The startup says it is backed by private equity investor Shamrock Capital, and is actively looking to acquire profitable iOS and Android mobile app. Maple Media says it already owns a portfolio of 150 mobile apps, and is specifically focused on creating a network of cash-flow positive mobile (More info...)
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Report: Venture Dollars Decline In Q4, Says NVCA
Venture capital investment dollars declined in Q4, to $12.7 billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor, the new report tracking venture capital investment across the U.S., as the venture market eased off its torrid funding pace. The NVCA called the investment levels "fairly health" and said that it appears that venture funding is coming to a "more normal level" versus the peak in 2015. According to the report, for the whole of 2016, more than $69 (More info...)
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Illumina Powers Molecular Breeding Tool Effort For Cattle
San Diego-based life sciences equipment maker Illumina said this week that it has linked up with genome assembly and analysis software developer NRGene, on an effort to develop new molecular breeding tools for cattle. According to the two, they will work together to sequence cattle from different breeds, to gain more knowledge on the genetic variations across cattle breeds--all aimed at accelerating breeding for better meat and milk production. Financial details of the collaboration were not ann (More info...)
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EDF Renewable Energy Puts Google Wind Farm Into Operation
San Diego-based renewable energy developer EDF Renewable Energy says that it recently put a 225 megawatt, wind farm--which is supplying electricity to Google--into operation. EDF Renewable Energy said the Great Western Wind Project, which is based near Woodward and Ellis counties in Oklahoma, went into commercial operations on December 21st. All of the power at that plant is going to Google, under a long term Power Purchase Agreement (PPA) for the output of the wind farm. EDF Renewable Energy sa (More info...)
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Sonos Brings Sound Shaping To Playbar
Santa Barbara-based whole home music system developer Sonos said on Thursday that it has extended its Trueplay sound shaping system to its PLAYBAR products. Trueplay lets users tune speakers to specific environments where they are installed, using a users' smartphone to measure how sound is bouncing off walls, furniture, and other surfaces. Sonos said that Trueplay for PLAYBAR is available in its 7.0 update.
posted on Friday, January 13, 2017(Full story)