TECHNOLOGY

NB Cybersecurity Startup Gets $9.5M

Newport Beach start-up Obsidian Security has raised $9.5 million in Series A funding led by Silicon Valley venture capitalist Greylock Partners.

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In-N-Out, Habit in Data Dive

A report on fast-casual hamburger chains from 1010data Inc. in New York showed two OC-based operators grinding out a solid middle ground compared with several similar chains.

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Alteryx Buys, Bows Service

Irvine-based analytics software maker Alteryx Inc. bought a Brooklyn, N.Y. company and debuted a new service developed from another recent purchase.

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Pipeline Group Sold

Santa Ana-based Pipeline Group Inc. was bought on undisclosed terms by Prometheus Group, a press release said.

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Lotus Sells gen-E

Lotus Innovations LLC in Irvine said it sold gen-E, an analytics company with 29 employees, to an undisclosed buyer for an undisclosed amount.

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Irvine Software Firm Sold

Resolve Systems, an Irvine-based software company with 125 employees, was sold to Insight Venture Partners of New York. Terms were not disclosed.

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Ex-Energy Sec. Joins Board

Former Department of Energy Secretary Ernest Moniz has joined the board of a nuclear fusion company in Foothill Ranch.

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CrowdStrike Gets Another $100M

Irvine-based CrowdStrike Inc. has raised $100 million in its latest funding round, the second time the security software maker has hit that investment benchmark.

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Irvine Startup Acquires GameWorks

Irvine-based Oomba Inc. and Barington/Hilco Acquisition Corp. said Oomba will buy Chatsworth-based GameWorks Entertainment LLC for $60 million and take the combined company public.

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MSC Buys German Firm

MSC Software Corp., a unit of Hexagon AB’s Manufacturing Intelligence, said it will buy VIRES Simulationstechnologie GmbH to expand into automated driving technology. Terms of the deal weren’t announced.

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Revero Hits the Road

The first batch of Karma Automotive LLC’s Revero luxury plug-in hybrid vehicles is on its way to 10 dealer showrooms in the U.S. and Canada.

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Veritone Raises $37.5M in IPO

Newport Beach-based start-up Veritone Inc. began trading today on the NASDAQ Capital Markets after raising $37.5 million in an initial public offering.

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Alteryx Beats Street in Q1

Irvine-based Alteryx Inc.’s first quarterly financial report as a public company beat Wall Street expectations.

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FivePoint Eyes Buyback of Broadcom Campus

FivePoint Communities Inc. confirmed it is considering buying back the under-construction campus of Broadcom Ltd. at Irvine’s Great Park Neighborhoods.

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Overwatch Drives Blizzard Sales

Booming sales of the first-person, futuristic shooter “Overwatch” and an uptick in “World of Warcraft” subscribers boosted revenue in the first quarter for Blizzard Entertainment Inc.

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