News

Greycroft Invests $20M In Freight Marketplace
November 16, 2018
Los Angeles- and New York-based venture capital investment firm Greycroft Ventures is the lead investor in a new, online marketplace for the freight and trucking industry. According to Scottsdale, Arizona-based startup Emerge, it has raised $20M in a …

Cylance Acquired By BlackBerry For $1.4 Billion
November 16, 2018
Irvine-based cybersecurity software developer Cylance has been acquired by BlackBerry, in a deal worth $1.4 billion in cash, BlackBerry announced this morning. Cylance, develops artificial intelligence-based cybersecurity software, which detects and …

SpaceX Authorized To Launch Massive, 7,518 Satellite Constellation
November 16, 2018
Hawthorne-based space launch provider SpaceX, led by technology mogul Elon Musk, has just been given permission to launch a massive, 7,518 satellites into space, designed to provide saturated broadband communications across the globe. The FCC said on …

Voxox Center Of Massive SMS Data, Security Breach
November 16, 2018
San Diego-based VoxOx, a provider of cloud-based communications services, has been caught at the center of a massive breach of SMS messaging security, after security researchers discovered VoxOx had left open one of its servers–allowing the security …

HyperX Gets Naming Rights On New Las Vegas Esports Arena
November 16, 2018
Fountain Valley-based computer gaming products maker HyperX, which is a division of Kingston Technology, said it has partnered with global e-sports entertainment firm Allied Esports, to obtain the naming rights for a new, e-sports areana based in Las …

Teledyne Microwave Solutions Wins $7.5M Contract
November 16, 2018
Rancho Cordova-based Teledyne Microwave Solutions, one of the business units of Teledyne Defense Electronics Group and Teledyne Technologies, has received a $7.5M contract from the U.S. Navy, the company said Thursday. Teledyne Microwave Solutions sa …

Rocket Lab Finds $140M For Satellite Launch Platform
November 16, 2018
Huntington Beach-based Rocket Lab said on Thursday that it has raised a big new funding round, worth $140M, in its Series E funding round. The funding was led by Future Fund, and also included Greenspring Associates, Khosla Ventures, Bessemer Venture …

ServiceTitan Gets $165M More, At $1.65 Billion Valuation
November 15, 2018
Glendale-based ServiceTitan, which develops software used by home services contractors to manage their businesses, has raised $165M in its Series D funding, the company said on Wednesday, giving the company a $1.65 billion post-money valuation. The f …

ACEA Biosciences Acquired By Agilent For $250M
November 15, 2018
San Diego-based ACEA Biosciences, a developer of cell analysis tools, has been acquired by Agilent Technologies for $250M in cash. Agilent said it completed the acquisition late Wednesday. ACEA develops two platforms used for cellular function and me …

Nimble Launches Upgraded Android App
November 15, 2018
Santa Monica-based customer relationship management (CRM) software developer Nimble has launched a newly upgraded Android version of its app, saying on Wednesday that its new Mobile CRM 3.0 for Android includes new enhancements and integration with O …