Monday, June 18, 2018Embodied Gets $22M For Lifelike RobotsPasadena-based Embodied, a startup which says it is developing "life-like robots
to revolutionize care and wellness for humans", announced Monday morning that it has raised $22M in a Series A funding round. The funding was led by Calibrate Ventures, and also included JAZZ Venture Partners, along with existing investors Osage University Partners, Intel Capital, Grishin Robotics and others. Jason Schoettler from Calibrate Ventures and Andrew Firlik from JAZZ Venture Partners both join the company (More info...)
posted on Monday, June 18, 2018(Full story)
SURE Targets Uber and Lyft Passengers With New Insurance ProductLos Angeles- and New York-based SURE, which develops an app that makes it easy to purchase insurance on demand through a smartphone, has launched a new insurance product aimed at passengers of ridesharing services. According to SURE, which is led by CEO Wayne Slavin, its new product, RideSafe, provides passengers with insurance coverage when they are using ridesharing networks Uber and Lyft. SURE said the new insurance offering--underwritten by Chubb--lets rideshare passengers purchase purchase (More info...)
posted on Monday, June 18, 2018(Full story)
Crown, An App Which Makes Dating A Game, Launches In LACrown, a new app which attempts to turn the dating process into an actual mobile game, has launched in Los Angeles. The new app--which currently only runs on iOS--was developed by Match Group. The app presents a limited set of curated dating matches every day at noon, and runs a competition of sorts to narrow down a user's choices to a winner, who are given a choice to chat with you or pass. Match Group is the parent company of LA's Tinder, and runs a significant number of different dating sites (More info...)
posted on Monday, June 18, 2018(Full story)
Acutus Medical Raises $22.8MCarlsbad-based Acutus Medical, a developer of a system which is being used to treat patients with complex atrial arrhythmias, has raised $22.8M in funding, as part of an ongoing $25M fundraising effort, according to a regulatory filing from the firm. The funding has not yet been announced by the company. Acutus says it has developed a system which provides advanced intracardiac mapping system featuring dynamic arrhythmia visualization, helping electrophysiologists view the heart's true activatio (More info...)
posted on Monday, June 18, 2018 (More)(Full story)
DecisionPoint Systems Buys Royce Digital SystemsIrvine-based DecisionPoint Systems, which provides and integrated enterprise wireless and mobility software, has acquired another Irvine company, Royce Digital Systems, the company said on Friday. Financial details of the acquisition were not announced. DecisionPoint said the buy specifically helps it deepen its expertise in other vertical markets, and specifically healthcare. Royce is a value added reseller (VAR) and systems integrator focused on the enterprise and mobility technology for the h (More info...)
posted on Monday, June 18, 2018(Full story)
Teledyne Gets $23M To Supply Infrared Detectors To NASAThousand Oaks-based Teledyne reports that it has won a $23M contract award, to supply infrared detectors to NASA's WFIRST astronomy mission. According to Teledyne, it is supplying a 4096x4096pixel focal plane array, the H4RG-10, to NASA, as part of the Wide Field Infrared Survey Telescope (WFIRST) Project at the NASA/Goddard Space Flight Center in Greenbelt, Maryland. Teledyne said the WFIRST mission will launch mid-2020, and will have nearly 300 times as many pixels as there are on the Hubble S (More info...)
posted on Monday, June 18, 2018(Full story)