Tuesday, January 17, 2017


AnaptysBio Sets Estimated IPO Pricing Range
San Diego-based AnaptysBio, which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 per share. The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. The IPO follows one of the mos (More info...)
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Bringhub Finds Funding From Asian Investor
Los Angeles-based Bringhub, a developer of software for matching editorial content to contextually-relevant e-commerce products, has received a strategic investment from Asian investor Integrated Asset Management (Asia) Limited. Bringhub said that Integrated Asset Management (Asia) Limited (IAM) is the majority shareholder of Forbes Media. Size of the investment was not announced. Bringhub is led by CEO and co-founder Dominik Pantelides. The company said its platform helps digital publishers, by (More info...)
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Qualcomm-backed Zoom Video Communications Gets $100M From Sequoia
Zoom Video Communications, a provider of cloud-based video conferencing and online meeting software which is backed by San Diego-based Qualcomm, has has raised $100M in a Series D funding. Qualcomm Ventures was the first non-angel investor in Zoom Video back in 2013. Carl Eschenbach of Sequoia has joined Zoom's board as part of the funding, and Zoom has now raised $145.5M in total.
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GumGum Names Sports Division Head
Santa Monica-based GumGum, which is developing computer vision software applied to online advertising and media, said today that it has named Ryan Mosher as its new Executive Director of GumGum Sports. GumGum Sports focuses on sports sponsorships with brands. Mosher will be based in Chicago. Mosher was most recently Senior Director of Marketing and Commercial Solutions at Nielsen Sports, and also served atIMG College, International Speedway Corporation, and Watkins Glen International.
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Interview with Shivani Siroya, Tala
In emerging markets and the developing world, access to banking, capital, and financial resources is far more difficult than here in the U.S., due to a less developed financial system, lack of credit tracking, and oftentimes and informal economy. Santa Monica-based Tala, backed by Google Ventures and Lowercase Capital, has developed a tool that allows anyone with a cell phone to build a financial track record, specially for people in emerging markets. The company's CEO and founder, Shivani Sir (More info...)
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j2 Global Buys Six More Companies
Los Angeles-based j2 Global, which is by far Southern California's most active acquirer of technology companies, announced this morning that it has acquired six more companies. j2 Global said it acquired Fonebox, Everyday Health, CudaMail, Unified eMail, Abaxio, and GreenFax, all during Q4 of 2016. j2 Global and Everyday Health had announced in September that j2 Global would pay $10.50 per share in cash, or approximately $465M, for Everyday Health. The terms of the remainder of the acquisition w (More info...)
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Esri Adds Indoor Mapping Support For Retail Analytics
Redlands-based GIS software developer Esri says it has tied with another software developer, GISinc, in a move to provide indoor mapping of customers for retailers. According to Esri, the partnership with GISinc will help retailers increase sales by analyzing customer behavior, using data collected by GISinc's indoor mapping capabilities using sensor-enabled overhead smart lighting and opt-in mobile data from customer phones. The deal pulls data such as customer locations inside a store and item (More info...)
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Triton Digital Wins NRG Media
Los Angeles-based audio advertising technology developer Triton Digital announced this morning that it has been selected by radio station owner NRG Media. According to Triton Digital, NRG Media has selected the content management system (CMS) and Club components of Triton's Audience Management Platform (AMP) for use across the company's 45 radio stations. Financial impact of the win was not announced. The software will be used for creating, managing, and syndicating content, and also running con (More info...)
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Graphiq, Pitney Bowes In Real Estate Data Partnership
Santa Barbara-based visualization software developer Graphiq has partnered with Pitney Bowes, to offer up interactive, visual representations of Pitney Bowes' demographic and community data for the real estate industry. According to the two, the deal will add enhance data on local neighborhoods, school attedance zones, and more through Graphiq's visualization technology. That Pitney Bowes data will be available via a Graphiq Real Estate API.
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