Tuesday, August 4, 2020
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Qualified.com, With LA Exec, Gets $12M
Qualified, a startup developing conversational marketing software for companies that use Salesforce, said on Tuesday that it has raised $12M in its Series A funding. The company--whose President and Chief Revenue Officer, Eric Sikola is located in Los Angeles--said the funding was led by Norwest Venture Partners, and also included Redpoint Ventures and Salesforce Ventures. Sikola said Qualified is adding team members in Los Angeles shortly. Scott Beechuk, a partner at Norwest Venture Partners, j (More info...)
posted on Tuesday, August 4, 2020(Full story)
Syntiant Finds $35M More For AI Chips
Irvine-based Syntiant, a developer of processors used for artificial intelligence applications, has raised $35M more in the company's Series C funding round. The round was led M12, the venture capital investment arm of Microsoft, and Applied Ventures, the venture arm of Applied Materials, and also included Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures. Syntiant develops low power chips used for neural networking, and edge-based artificial intelligence (AI) applications, incl (More info...)
posted on Tuesday, August 4, 2020(Full story)
Virgin Galactic Ties With Rolls Royce On Supersonic Aircraft
Virgin Galactic, the commercial spaceflight operator with operations in Mojave, said on Monday that it has partnered with Rolls-Royce on an effort to build an aircraft for supersonic air travel. Financial details of the deal were not announced. According to Virgin Galactic, it has completed a missio concept review with NASA of a supersonic vehicle design, and is working with the Federal Aviation Administration (FAA) on how it might certify its aircraft for flight. Rolls-Royce is well known for i (More info...)
posted on Tuesday, August 4, 2020(Full story)
Emburse Rolls out New Corporate Payment Card
Los Angeles-based expense management and accounts payable automation software developer Emburse--the parent company of Chrome River--said it has launched a new, corporate payment card, which lets its customers pre-approve expenses. The company said the new product, Emburse Pay, lets companys issue virtual cards within the Chrome River EXPENSE solution, which allows charges only for approved date ranges, specific merchant types, and requested spend amounts. The company said its new produt specifi (More info...)
posted on Tuesday, August 4, 2020(Full story)
RealtyTrac Names EVP Of Marketing
Irvine-based ATTOM Data Solutions, the parent company to RealtyTrac, announced this morning that it has named Rick Sharga as Executive Vice President of Marketing at RealtyTrac. Sharga returns to RealtyTrac--where he had managed the company's brand for eight years in the early 2000's---after stints at Carrington Mortgage Holdings, Auction.com, and Ten-X. He was most recently EVP For Carrington Mortgage Holdings and CMO of the company's Vylla business unit. Sharga also has been very involved in S (More info...)
posted on Tuesday, August 4, 2020(Full story)
CalAmp Names New Board Chair
Irvine-based CalAmp, a developer of fleet tracking and other electronic devices, said yetserday that it has named Amal M. Johnson as Chair of its Board of Diretors. Johnson has been on the company's board for seven years. According to the company, Johnson replaces A. J. "Bert" Moyer, and is the company's first female Chair. Johnson is also on the board of intuitive Surgical, Inc. and Essex Property Trust, Inc., and previously was Chairman and CEO of MarketTools, in addition to serving on the boa (More info...)
posted on Tuesday, August 4, 2020(Full story)
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