Thursday, November 15, 2018
Rocket Lab Finds $140M For Satellite Launch Platform
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 Partners, DCVC (Data Collective), Promus Ventures, K1W1, pluse the Accident Compensation Corporation of New Zealand. The funding brings its total raised to more than $288M. The new round comes just a few days after the company's first commercial pay (More info...)

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ServiceTitan Gets $165M More, At $1.65 Billion Valuation
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 funding was led by Index Ventures, and also included Dragoneer, T. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital. The company said the funding will go towards "rapid growth", and to expand product and to hire talent. As pa (More info...)

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ACEA Biosciences Acquired By Agilent For $250M
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 metabolism measurements, used in
immuno-oncology, pre-clinical drug discovery and development, and basic academic resaerch. ACEA was founded in 2002, and in addition to its San Diego headquarters also has operation sin Hangzhou, China. Agilent said t (More info...)

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Nimble Launches Upgraded Android App
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 Office 365 and G Suite. The developer of CRM tools said its newly upgraded tools gives access to email, calendar, and social contact history; access to detailed dossiers on customers and prospects; ability to scan business cards; management of multipl (More info...)

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Semtech Gets Design Win In India
Camarillo-based Semtech, the developer of analog and mixed signal semiconductors, announced a design win in India this morning, with Indian startup EasyReach Solutions. Semtech said that EasyReach will use its LoRa wireless radio frequency technology into its industrial and smart vehicle monitoring products. The company's technology will used by EasyReach in sensors for steam traps, concrete mixers, forklifts, diesel tankers, back hoes, water meters, and trucks, according to Semtech.

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