Thursday, July 13, 2017


Ingram Micro Adds Amazon Prime Fulfillment, Logistics Service
Irvine-based Ingram Micro says it has launched a new service, run by its Ingram Micro Commerce & Fulfillment strategic business unit, which will enable fulfillment of Amazon Prime orders in compliance with Amazon's 1- and 2-day Prime shipping SLAs. According to Ingram Micro, the new service will help its customers maintain a single pool of inventory, and still have access to Amazon Prime. Pricing on the new service were not announced. The highly coveted "Prime Shipping" label on Amazon.com usual (More info...)
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Teledyne Buys Scientific Systems
Thousand Oaks-based Teledyne Technologies announced on Thursday that it has acquired Scientific Systems, Inc., a manufacturer of precision components and specialized subassemblies for the High Performance Liquid Chromatography (HPLC) and specialized medical devices market. Financial terms of the buy were not announced. Teledyne said it made the acquisition through its subsidiary, Teledyne Instruments, Inc. Scientific Systems was founded in 1967.
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Open Listings Finds $6.5M More
Los Angeles-based Open Listings, a startup which helps buyers of real estate find homes, and receive a 50% commission refund, has raised $6.5M more in a Series A funding, the company revealed on Thursday. The funding was led by Matrix Partners, and also included Initialized Capital and Arena Ventures. Open Listings was founded by CEO Judd Schoenholtz and CTO John Farrill. The company has previously raised angel funding, including an investment from Joe Montana.
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Blackbird Links Santa Monica, Palm Springs
A new, air travel startup, Blackbird, said today that has launched new service between Santa Monica and Palm Springs, part of a expansion of the startup beyond its Bay Area roots. According to Blackbird, the startup, regional air service offers up flights starting at $124, and hopes to serve such destination which aren't well served by commercial airlines, such as Santa Monica and Palm Springs. The company's site also lists future routes that include flying between Palo Alto and Santa Barbara, P (More info...)
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Saucey Scores $5.4M For Alcohol Delivery
Los Angeles-based on-demand, alcohol delivery startup Saucey said this morning that it has raised $5.4M in a Series A funding. The funding was led b Bullpen Capital, and also included Blumberg Capital, Structure Capital and HashtagOne. According to Saucey, it has now raised $10.2M in total funding. Saucey said the funding will go towards furthering penetration into existing markets. Saucey is led by CEo and co-founder Chris Vaughn.
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Digital Map Products Buys DMTI Spatial
Irvine-based geospatial mapping software and technology developer Digital Map Products has acquired DMTI Spatial, a location-based intelligence provider based in Canada, the company said on Wednesday. DMTI Spatial was owned by Neopost Canada. Financial terms of the acquisition were not announced. DMTI's location-based services included CanMap and LocationHub, used for Canadian geolocation data and high precision addresses. Digital Map Products said the acquisition would help it expand its geogra (More info...)
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Cornerstone OnDemand Wins Commvault
Santa Monica-based enterprise cloud software developer Cornerstone OnDemand, which develops talent management and employee management software, said this morning that backup software provider Commvault is using its software. Financial details of the win were not announced. Cornerstone OnDemand said Commvault has more than 2,700 employees, who have been using Cornerstone's learning and performance management software as part of Commvault's employee learning and training efforts. Cornerstone OnDem (More info...)
posted on Thursday, July 13, 2017(Full story)