Thursday, April 20, 2017


ESRI's Dangermond Backs GIS Data Startup SafeGraph
Jack Dangermond, the founder of Redlands-based Esri, is one of the angels which has backed San Francisco-based geospatial intelligence data company SafeGraph. SafeGraph, which says it is collectiong geospatial intelligence data for use in machine learning, said it raised $16M in a Series A funding this week, from IDG Ventures USA, plus a long list of over 100 angels, which included Dangermond, Peter Thiel, Adam D'Angelo, Romesh Wadhwani, Eric Cantor, KT zu Guttenberg, Prince Turki Al Saud, Barry (More info...)
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Xirrus Acquired By Riverbed
Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed, to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. Riverbed said it will continue to offer up Xirrus as a stand-alone enterprise WLAN solution. Xirrus makes high density wireless access points, which were specifically aimed at corporate campuses and other environments with a large number of wireless users. The company had counted Microso (More info...)
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Procore Opens New Office In Australia
Carpinteria-based Procore, the developer of construction software which is one of Southern California's unicorns, has expanded in Australia, the company announced today. According to Procore, it has opened up an office in Sydney, in response to strong demand from local clients and other businesses across the construction industry. The company says it already has more than 100 Australian clients. The company said it moved a group of Procore employees in Carpinteria to open up the new office, and (More info...)
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Atara Biotherapeutics Leases New Space In Thousand Oaks
Thousand Oaks-based Atara Biotherapeutics, which is developing treatments for patients with cancer, autoimmune and infectious disease, has leased a 90,000 square foot building in the Conejo Spectrum, according to developer SARES-REGIS Group. SARES-REGIS said the lease is the first of nine, industrial buildings it is developing at the Conejo Spectrum Business Park. SARES-REGIS did not say how much the 15-year lease was worth, but said the building is the second largest in its project. Atara is ve (More info...)
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Raken Expands In San Diego
San Diego-based construction compliance and reporting software developer Raken announced this morning that it is expanding its footprint in San Diego, and has moved into a new space at make (cq) in Carlsbad. Raken said its new headquarters is in the same complex as GoPro and Verve. Raken did not say how much space it is taking in the make (cq) project. Raken recently raised $2M in a funding round from Rincon Venture Partners, Eniac Ventures, and Spider Capital.
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Peepla Launches Live Streaming Service
Los Angeles-based Peepla announced a new, mobile live streaming app, available on iOS or Android, similar to Facebook Live, Instagram Live or Snapchat. According to the company, it is looking to avoid being direct competition with Periscope and Facebook live by including "locaiton-based social functions". The company apparently has been attempting to cast celebrities and actors to fill out its live streaming content, saying it offers a "tipping" system for viewers who like the content.
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