Tuesday, May 2, 2017


How Digsy Is Using Data, And Deals, To Drive Real Estate Sales
Andrew Bermudez, co-founder and CEO of Irvine-based Digsy (www.getdigsy.com) wasn't looking to build software to help commercial real estate brokers close more deals. He was just trying to collect more data for his startup on what was happening on real estate deals that the company had been referring to brokers. However, he quickly discovered the deal data the company was collecting was not just data--but a guide to the best practices on helping brokers close more deals, quickly. We spoke with A (More info...)
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Visionary Venture Fund Raises Funding For Opthalmic Investment Fund
Aliso Viejo-based Visionary Venture Fund, a new venture capital firm specifically focused on only investing in ophthalmology companies, has closed its first round of funding for a targeted $30M venture fund, the company announced on Tuesday. The company said it expects to invest up to $30M in approximately a dozen companies over the next 18 months, investing between $500K to $5M in each company. The company said it has already invested in IanTech (cataract treatment); Mynosys (capsulotomy); Sigh (More info...)
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March Capital Backs Video Game Developer Wavedash Games
Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games, which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC. According to Wavedash, the new funding will go to grow its team and complete the development of its game, Platform Fighter. Wavedash is based in Oakland. The company's founders prev (More info...)
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CreatorIQ Raises Series A
Culver City-based CreatorIQ, a developer of influencer marketing software, has raised a Series A funding from Affinity Group, the company disclosed this week. Size of the funding round was not announced by the company, which until recently, was known as SocialEdge. Affinity Group is a marketing and strategic communications firm backed by TPG Growth and Evolution Media.
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Signal Sciences Bolsters Sales Team With Two VPs
Venice, California-based Signal Sciences, a venture-backed firm developing Web application security software, announced this morning that it has named two sales veterans to its team. The company said it has named Stephen Gomann as Vice President of Sales, and Randy Paulk as Vice President of Sales Engineering. Gomann was most recently VP of Sales for North America at MobileIron, and also served at Vontu, Symantec, and Corio (acquired by IBM). Paulk was previously at such firms as MobileIron, Sym (More info...)
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engage:BDR Aims At Instagram Advertising
Los Angeles-based advertising technology developer engage:BDR, which is led by MySpace alum Ted Dhanik, has launched a new product aimed at influencer advertising on Instagram. According to engage:BDR, its new product, IconicReach, helps brands manage their advertising campaigns on Instagram, letting them discover and manage influencers on the Instagram platform. engage:BDR says it already has been working with such brands as American Apparel, Nasty Gal and ProActiv in creative video and display (More info...)
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Axonics Raises $14.5M
Irvine-based Axonics, a developer of medical devices to treat urinary and fecal dysfunction, has raised $14.5M in a Series C funding round, the company announced this morning. The company said the funding is the first close of a targeted $30M funding round, and came from existing shareholders Edmond de Rothschild Investment Partners, Advent Life Sciences, Cormorant Asset Management, Legend Capital, NeoMed Management, and individuals. The company said the funding will go towards a clinical study (More info...)
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Veritone Sets Estimated IPO Pricing Range
Newport Beach-based Veritone, a developer of cloud-based, artificial intelligence software, says it expects its IPO to be between $14.00 and $16.00 per share, as it launches its roadshow. Veritone is looking to list as VERI on the NASDAQ Capital Market and hopes to raise as much as $20M in its IPO effort. Veritone's IPO underwriters are Wunderlich, Craig-Hallum Capital Group, and Northland Capital Markets. Veritone's CEO is technology startup veteran Chad Steelberg. Veritone is backed by Newpor (More info...)
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Lantern Credit Expands Board
Newport Beach-based fintech startup Lantern Credit announced very late Monday evening, that it has appointed Richard Gomez-Acebo to its Board of Managers. Gomez-Acebo was most recently in risk management at Banco Santander, and also has served at Spanish bank Banesto. Lantern Credit said Gomez-Acebo has more than 30 years of experience in the Spanish and international banking sectors. Lantern Credit's CEO is Chad Swensen; the company's Chairman is investor John Mack, with Vice Chairman held by (More info...)
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Aligned TeleHealth Names President, COO
Calabasas-based telemedicine provider Aligned Telehealth, a healthcare company provide telemedicine services to acute-care hospitals, emergency rooms, skilled nursing facilities, and correctional institutions, has named Dan Castillo President and COO. Castillo was most recently CEO of LA County-USC Medical Center. He previously was a principal consultant with Health Management Associates (HMA). Aligned Telehealth is venture backed by SV Health Investors, and focuses on providing psychiatric spec (More info...)
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