Wednesday, August 29, 2018Zadara Takes $25M More For Enterprise Cloud StorageIrvine-based Zadara, a developer of enterprise cloud storage hardware and related storage services, has raised $25M more in a funding round, the company said on Wednesday. The funding was led by IGP Capital, and also included the company's existing investors. According to Zadara, it has now raised a total of over $60M in total equity. The data storage products company, which is led by Nelson Nahum, said that the funding will go towards accelerating growth, including expanding including expanding (More info...)
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Obalon Therapeutics Gets $10M In PIPESan Diego-based Obalon Therapeutics, a publicly held developer of medical devices to treat obesity, has raised $10M in a private placement, the company said this week. The company said the investment came from included certain unaffiliated institutional investors, members of the company's management team and the board of directors and certain of their affiliated funds, including Domain Associates and InterWest Partners. The company said it 5,494,506 shares of common stock at a price of $1.82 per (More info...)
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Sonos Debuts New Sonos Amp To Power Any SpeakerSanta Barbara-based Sonos--the Central Coast's newest IPO darling--said on Wednesday that it has launched a new product called Sonos Amp, and also said it plans to work closer with third parties to integrate into its technology. The new Sonos Amp is a home audio amplifier, tied into the very well connected Sonos streaming ecosystem, but which powers traditional, wired speakers. Sonos said it also plans to support televisions, turntables, compact disc players, and other audio players with the new (More info...)
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Tech Scenes Los Angeles with Joanna McFarland of HopSkipDrive
Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive.
Our next stop is downtown Los Angeles with Joanna McFarland CEO and Co-founder of HopSkipDrive. Joanna is well known to the startup tech scene in Los Angeles being one of three female founders scaling the the popular ride share service for kids. HopSkipDrive is a ride service for kids designed to help you take some of the stress out of your family's busy schedule.
Produced by: Jeff Mart (More info...)
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Two Bit Circus Sets Date For Grand Opening Of First Micro-Amusement ParkLos Angeles-based Two Bit Circus, the startup blending science education and entertainment, has set a date for the opening of its first "micro-amusement park", saying that its first location--in the Los Angeles Arts District--will open on September 7th. Two bit Circus said its new location, at 634 Mateo Street, will open on September 7th in a "ribbon cutting" with Los Angeles Mayor Eric Garcetti, Councilman Jose Huizar, Bill Nye and the Planetary Society, and more. The new amusement park feature (More info...)
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Bridg Names Chief Brand OfficerLos Angeles-based Bridg, which is backed by March Capital Partners, Morpheus Ventures, and Visa,b has named Gerrine Pan as its new Chief Brand Officer. The company, which develops technology that helps bricks-and-mortar retailers track and market to their customers, said that Ms. Pan is the co-founder of Relevant Mobile, and also had served at Goldman Sachs. According to Bridg, Pan will be responsible for the creative direction and marketing of Bridg as well as oversee business development effor (More info...)
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Inseego Names Head Of International EffortsSan Diego-based Inseego says it has named a new head of its efforts in the UK, EMEA, and APAC. According to Inseego, which develops a range of fleet management, asset tracking, and other mobile applications, it has named Simon Rayne as Senior Vice President and Managing Director for the UK, EMEA (Europe Middle-East Africa) and APAC (Asia Pacific, including Australia and New Zealand). Rayne was most recently in the same position at Spectralink, and also served as General Manager for Microsoft Dev (More info...)
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Impact Shuffles ExecutivesSanta Barbara-based
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