TECHNOLOGY

Bonti Lands $15.5 Million Series C

Newport Beach-based Bonti closed $15.5 million in series C financing.

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LoanDepot Unveils 2 New Businesses

LoanDepot LLC, the second largest non-bank mortgage lender in the U.S., launched two new businesses to expand real estate lending through its technology platform dubbed Mello.

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Restaurant365 Raises Funding from Bessemer

Restaurant365 LLC, an Irvine-based developer of back-office software for restaurants, said it closed a $20 million Series A financing that includes a minority investment from Bessemer Venture Partners.

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Amazon Skips OC on Short-List

Orange County didn’t make the cut as a potential home to Amazon’s second headquarters, as the e-commerce giant announced its short list of potential locations for its massive HQ2 project.

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CES 2018: Universal Creates for DISH

Universal Electronics Inc. helped develop a new voice remote control for DISH Network Corp., the Santa Ana-based company said this week in Las Vegas at CES, the nation’s largest electronics trade show.

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CES 2018: D-Link Gets More Connected

D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.

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Blizzard’s eSports League Signs Twitch Deal

Overwatch League matches will be broadcast on Twitch, the two said today.

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CES 2018: Insteon Pairs With Google Products

Irvine-based Insteon said its line of connected home devices is compatible with Google Assistant-enabled products, such as Google Home speakers and select Android and Apple smartphones.

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CES 2018: Kia’s EV Concept Car

Kia Motors Corp. and its Irvine-based North American unit Monday in Las Vegas introduced a concept electric vehicle that can travel 238 miles on one charge.

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Hyundai Sets Date to Go Autonomous

Hyundai Motor Co. in Seoul today announced a partnership with Palo Alto-based Aurora Innovation Inc. to bring an autonomous vehicle to market by 2021.

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PIMCO Invests $200M in GreenSky: WSJ

Newport Beach’s Pacific Investment Management Co., one of the world’s largest investment firms, is investing $200 million in GreenSky LLC, according to the Wall Street Journal.

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Bren was Pitch Perfect

The Business Journal has selected Irvine Company Chairman Donald Bren as its Business Person of the Year.

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Peregrine Names CEO, to Change Name

Tustin’s Peregrine Pharmaceuticals, Inc. (Nasdaq: PPHM), a drug manufacturer that’s been in a proxy battle, said Roger J. Lias is the company’s new chief executive and president.

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Qualcomm Rejects Broadcom Nominees

The board of San Diego-based Qualcomm Corp. won’t nominate any of the 11 candidates recommended by rival Broadcom Ltd. and investor Silver Lake Partners, the latest turn in the hostile takeover attempt.

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Spectrum Pharma Swaps Out CEO

Spectrum Pharmaceuticals Inc. said its board dismissed its Chief Executive Rajesh Shrotriya without cause in accordance with Shrotriya’s agreement with the company, effective immediately.

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