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Who"s In Southern California"s Unicorn Club?

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. A look at the companies who are private, backed by venture capit.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Rubicon Project Buys nToggle

Los Angeles-based online advertising exchange operator Rubicon Project has acquired programmatic advertising technology developer nToggle, in a deal worth $38.5M in cash. The deal was completed on July 14th, according to Rubicon Project. Rubcion Proj.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Snap Inc."s Spectacles Now On Amazon

Have you been pining for your own Spectacles from Snap Inc. since they launched in November only selling them from disappearing vending machines? Never got a chance to run to Snap's bricks and mortar store in Venice? Never bothered to order one direc.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Floravere Aims To Fill Gap Left By Bridal Firm"s Bankruptcy

Los Angeles-based online wedding dress startup Floravere, which offers up wedding dresses via its online site, it hoping to take advantage of the sudden bankruptcy of a more traditional competitor this week. According to Floravere, it will be offerin.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

SendGrid Plans Expansion In Orange County

SendGrid, which provides email delivery services for such companies as Airbnb, Spotify, Pandora and Uber, said this morning that it is planning a major expansion in Orange County. The company said that the expansion--part of an overall expansion in.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Valeant Pharmaceuticals To Sell Off Obagi Medical For $190M

Valeant Pharmaceuticals said on Monday that it is selling Irvine-based Obagi Medical Products, in a deal worth $190M in cash. Valeant is selling Obagi, which makes skin care products, to Haitong International honghua Finance Acquisition Fund I. Valea.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

ObEN Raises $5M From Tencent

Pasadena-based ObEN, the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigang, Chairma.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

j2 Global Buys Four More Companies

Los Angeles-based j2 Global, the provider of Internet services and digital media publisher, has acquired four more cloud companies, the company said on Monday. j2 Global said it has acquired MyPhoneFax, which operates Fax87 and Onlinefaxes.com; Cloud.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Cubic Buys Deltenna

San Diego-based Cubic Corporation said this morning that it has acquired Deltenna Limited, a Chippenham, United Kingdom-based wireless infrastructure company, which designs and delivers radio and antenna communications solutions. According to Cubic,.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

Syneron Candela Goes Private In $400M Deal With Apax

Irvine-based aesthetic medical device developer Syneron Medical announced late Monday evening that it has become a private company, in a $400M go-private deal with Apax Partners. According to Syneron Medical, funds advised by Apax Partners paid $11.0.....»»

Source:  SocaltechCategory: TopJul 18th, 2017Related News

BYD Aims To Boost Job Opportunities In Lancaster

Electric bus maker BYD and a number of local groups, including the Jobs to Move America coalition and the International Association of Sheet Metal, Air, Rail and Transportation Workers Union (SMART) Local 105, said on Monday that they have signed an.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

Impact Health Raises $13M For Health Insurance Marketplace

Looking for the best health insurance plan for you? Pasadena-based Impact Health said Monday that it has raised $13M in a Series A funding, to help connect patients with health insurers. The startup said the funding came from Techstars Venture Capita.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

UC San Diego Engineers" Glove Understands American Sign Language

A new, "smart glove" developed by engineers at the University of California San Diego, understands and translates the American Sign Language alphabet into text, the school said last week. According to UCSD, the glove was built for less than $100, usi.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

Collectly Hunts Down $1.9M For Medical Debt Recovery Service

Walnut, California-based Collectly, a debt collection service which tracks down patients owing overdue medical bills, has raised $1.9M in a funding, the company said last week. The LA area company, led by CEO Levon Brutyan, said the funding came from.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

AdQuick Finds $1.1M In Seed Funding

Los Angeles-based startup AdQuick has raised $1.1M in a seed funding round, the company said over the weekend. The funding came from Initialized Capital, and also included VTF Capital and Haystack Ventures. AdQuick is led by Matthew O'Conoor. The com.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

5 Bars Acquired By Neutral Connect Networks

Irvine-based 5 Bars, a distributed antenna systems (DAS) installer and operator, has been acquired by Florida-based Neutral Connect Networks (NCN), the companies announced earlier this month. Financial terms of the buy were not disclosed. The acquisi.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

Techstars Names New Los Angeles Accelerator Class

Techstars Los Angeles has just named the ten companies that will be joining the startup accelerator for its 2017 class, saying its theme this year was "going long on LA and southern California". According to Techstars, although just one third of the.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

AT&T Eyes Focus On Silicon Beach, Hollywood

AT&T says that it is bolstering its operations in both Silicon Beach and Hollywood, as part of its $85.4 billion takeover of Time Warner. According to AT&T spokespeople at the company's SHAPE Tech & Entertainment Expo, which was held at the Warner Br.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

Warner Music Group Buys Assets From Songkick

Burbank-based Warner Music Group has acquired the core assets of Songkick, including its app, website, and trademark, according to the firms. Financial details of the acquisition were not announced. Songkick had operated an online website focused on.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News

Ixia, ProtectWise In Partnership

Calabasas-based Ixia, the developer of network testing products, and enterprise security software developer ProtectWise said today that they are in an integration patnership. Accorsding to the two, the partnership will deliver enterprises a comprehen.....»»

Source:  SocaltechCategory: TopJul 17th, 2017Related News