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2,530 results 10/11/2019 13:30
Los Angeles-based Exploding Kittens, the developer of the popular card game of the same name, has raised another $30M in funding, the company said on Thursday. Exploding Kittens said the funding came from TCG Capital Management, which is an affiliate of The Chernin Group. The company said the financing will help finance continued growth. The company--founded by Elan Lee and Matthew Inman--initially had crowdfunded the card game, only later raising additional capital. The company said the new funding will go to develop more games for its fans, expand its IP into live events and other formats, build out its team, control more of its production and distribution, and other efforts. 10/10/2019 20:26
Los Angeles-based private equity investor Atar Capital has acquired New Jersey-based Keypoint Intelligence, Atar Capital said on Thursday. Financial terms of the acquisition were not announced. Keypoint Intelligence provides data analytics, laboratory testing and advisory services for the global digital imaging industry. Atar Capital said that Keypoint Intelligence is based in Fairfield, NJ, and also has offices in the United Kingdom, Hong Kong and Japan. Atar Capital says it makes investments in both performing and underperforming lower middle market businesses. 10/10/2019 08:43
San Diego-based Mercato, which provides delivery of items from independently owned grocery and specialty food stores, has launched a new program that offers up unlimited free, same-day grocery delivery from local grocery stores. According to Mercato, its new Mercato Green program provides unlimited free, same-day delivery via a membership program. Pricing on the new grocery delivery service was not announced, and the company's website does not make it clear what the program costs. The company says it offers up two plans as part of the new membership program; a Neighborhood plan which covers delivery within three miles from a store, and the City plan, which covers up to 10 miles. Mercato is led by founder and CEO Bobby Brannigan. The company. 10/10/2019 08:02
Brea, California-based TP-Link, which develops networking products for both the consumer and business market, has rolled out two new, low cost routers at Walmart. According to TP-Link, its new Wi-Fi routers, the Archer AX3000 and Archer AX1500 support 802.11ax, the Wi-Fi 6 standard. The AX1500 costs only $69.99, and the AX3000 costs $129.99. The more expensive AX3000 offers up higher dual-band speeds, up to 3Gbps, plus more capacity for devices than the lower cost AX1500, with 1.5 Gbps speeds. 10/09/2019 17:16
Virgin Orbit, one of the space launch startups backed by The Virgin Group, is planning an effort to launch small satellites to Mars, the company said on Wednesday. Virgin Orbit, which is based in Mojave, says it has teamed up with a Poland-based satellite company called SatEvolution, to create a new consortium dedicated to launching a commercial small satellite mission to Mars. Financial details of the consortium effort were not announced. Virgin Orbit--led by Sir Richard Branson--said that the deal includes development of up to three Mars missions, with initial launch as early as three years from now. 10/09/2019 14:31
Burbank-based Disney is taking aim at streaming giant Netflix, with an aggressive effort to sign up people for its upcoming Disney+ service. According to the Orlando Sentinel, Disney has been offering up its Founders Circle members a steep discounted, subscription deal, where Disney+ will pay less than $5 per month for the streaming television and movie service. The report says Disney is offering up a three year plan for access to its new service for $169.99, which is a big discount from a list price for Disney+ of $209.99. The Disney service will provide access to Disney, Pixar, Marvel, and many other titles. 10/09/2019 12:19
In an unauspicious start, Los Angeles-based electric vehicle startup Canoo--which just barely announced its plans for a self driving, electric vehicle--has already been dragged into a legal morass, after the CEO's wife and former head of communications sued the company alleging discrimination, harassment, breach of contract, and wrongful termination. 10/09/2019 08:48
There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke, the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital ( Thin Line--formed in partnership with LA's Wavemaker Partners--is hoping to take advantage of the growth in the clean technology market to find startups able to tapping into those now established markets, without the huge investment requirements of those first wave of clean technology companies. We spoke with Aaron--a veteran of both clean technology investing, as well as former CEO of a number of clean technology companies here in Los Angeles--on the new fund. Talk about the new firm and the new fund? Aaron Fyke: I believe we're. 10/09/2019 08:40
Los Angeles-based nonprofit XPRIZE--which runs prize competitions to help advance technology and solutions to world problems--said on Tuesday that celebrity Pharrell Williams has won the top prize in its latest "Visioneering 2019" annual gathering. According to XPRIZE, the concept for a new XPRIZE--from the Charter Communities XPRIZE team--won the top prize among 50 XPRIZE designs that were proposed during the gathering. The team was led by music artist Pharrell Williams, and was Andrew Nikou Foundation and philanthropists John-Paul Dejoria, amon gothers. The new concept for a prize proposed a competition to create transformational public housing alternatives that will provide a self-sustaining life beyond subsidized housing. XPRIZE did not. 10/09/2019 08:16
El Segundo-based Image Metrics, a developer of computer vision and facial analysis and tracking tools, has rolled out a new platform for implementing augmented reality (AR), which it calls LUNAR. According to Image Metrics, the new tool is aimed at marketers, helping them to implement augmented reality (AR) effects for marketing initiatives. The company said the new platform helps brands avoid the "cost prohibitive" tools from existing social media platforms like Snapchat and Facebook, as well as allow those brands to own and target their own audiences, while also avoiding the difficulty of custom building AR applications. The company said its tools can be used with existing iOS or Android apps, or standalone. Pricing on the new tool was no. 10/08/2019 18:34
Virgin Galactic, the commercial space venture of Sir Richard Branson--which has operations in Mojave--has received $20M from Boeing, as part of a strategic partnership with the company, the two said on Tuesday. According to Virgin Galactic, the investment comes from the Boeing HorizonX Ventures organization. As part of the deal, the two said they will "work together to broaden commercial space access and transform global travel technologies." Virgin Galactic says it has now invested more than $1 billion in capital towards its spaceflight systems. Virgin Galactic and Boeing said the new investment will be part of the effort by Virgin Galactic to become a public listed entity; it's currently working on a reverse merger with Social Capital Hed. 10/08/2019 15:22
Los Angeles-based Linksys, the connect home and networking division of Belkin, has rolled out a new, in-home motion sensing technology, which will alert users of motion in their home--without the installation of other hardware. The new system appears to use the variation in Wi-Fi signals to detect when there is motion within the range of the Linksys mesh network. According to Linksys, the new technology is available via a subscription to Linksys Aware, which is part of the Linksys Smart WiFi App. The new technology is initially available only on the Linksys Velop Tri-Band AC22000 routers, the Linksys mesh networking technology. Researchers have been looking at using Wi-Fi signals for motion detection for a number of years, and researchers h. 10/08/2019 09:09
Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million. Fyke previously had been CEO of multiple companies for Idealab, and also was a cleantech investor at Starfish Ventures in Australia. According to Fyke, Thin Line Capital is looking to capitalize on the "second wave" of cleantech investing, taking advantage of much of the progress in clean tech investments which--unlike the first wave--are a better fit for venture capital investors. The initial investments in clean technology companies had been very large. 10/08/2019 08:50
Ventura-based The Trade Desk announced this morning that it has named Sandeep Swadia as its new Executive Vice President, Chief Data and Trust Officer. Swadia was most recently CEO of White Ops, a company in the digital advertising fraud prevention area, and according to The Trade Desk, has more than 20 years of experience in the technology and media industry. Swadia will be based in The Trade Desks's New York offices. Swadia reports to The Trade Desk's founder and CEO, Jeff Green. The Trade Desk operates a cloud-based platform which lets online advertising buyers optimize and manage their digital advertising campaigns; the company's headquarters are in Ventura, where the now public company as incubated out of the city's startup incubator b. 10/08/2019 08:10
San Diego-based AttackIQ, a venture backed startup in the continuous security validation market, says it has expanded in Australia, opening up new regional offices in Sydney and Melbourne. According to AttackIQ, the expansion will help it better serve partners int he APAC region. AttackIQ recently raised $17.6M in its Series B funding, which came from Khosla Ventures, Index Ventures, Salesforce Ventures and Telstra Ventures. The company said the new effort in Australia is being led by Chris Zauzig, Regional Sales Manager for APAC, and Brett Callaughan, Systems Engineer for APAC. The offices in Australia are its first international offices. 10/07/2019 17:50
El Segundo-based The OIX, a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch. According to The OIX, Sotsky was selected after an extensive search in Los Angeles. Brett Markinson is Chairman of The OIX board of directors and Managing Director of Innovent Capital. The OIX said its customers currently include such companies as Cargill, CBS, 20th Century Fox, Sony Pictures Entertainment, Tyson Foods, and International Paper.

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