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Techstars has grown tremendously around the world in 2017, establishing a new venture in India and launching vertical accelerators focused on things like smart cities (in Dubai), energy (in Norway), defense (in Boston) and insurtech (North Carolina). What was the biggest personal lesson you learned from 2017?
What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017? Biggest personal lesson was to stay steadfast in your beliefs, even when the world thinks you're crazy. CryptoKitties!
Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion invested in the third quarter in more than 1,699 companies.
What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017. So far, we have launched a handful of blockchain companies and are looking forward to more partnerships in 2018. I expect this will drive a wave of meaningful M&A.
What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software that particularly caught your eye in 2017? To start the day earlier and value routine in the morning. The attractive by-product is that I am reading more and working out more.
But it is perhaps best known for its epic 2017-era $200 million secondary round that General Atlantic financed. The online website creation and hosting service — which has now expanded into e-commerce by hosting online stores — then raised another $40 million round in 2014. That round was raised at a $1.5
Snap has consistently lost users since going public in 2017. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service which has been ruthlessly cloned by Facebook across Instagram, WhatsApp, and even its primary social network. The result?
The company was founded in 2017. According to ClickUp, its customers included Google, Nike, Uber, Airbnb, Netflix, and Ubisoft, where it helps replace or integrate workplace applications for employees. Zeb Evans is Founder and CEO of ClickUp. READ MORE>>.
announced Tuesday that e-sports company aXiomatic was one of 11 companies chosen to participate in the 2017 Disney Accelerator program. Walt Disney Co.
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. In all, Metropolis has raised $60 million since it was formed back in 2017.
The report says Fisker is aiming at showcasing his first vehicle in the second half of 2017. According to an interview with Fisker by Bloomberg, the new company is based on energy storage and battery technology from "several professors from UCLA". READ MORE>>.
Across the road and below the ground pic.twitter.com/E2DG8EzaXg — Elon Musk (@elonmusk) June 30, 2017. pic.twitter.com/DIZW7zuWaA — Elon Musk (@elonmusk) June 30, 2017. Just installed steel skeleton of the car/pod elevator. Should be operating next week. READ MORE>>.
Marcus Hutchins, the malware researcher who became known as an “accidental hero” for stopping the WannaCry ransomware attack in 2017, has been sentenced to supervised release for one year on charges of making and selling the Kronos banking malware. Presiding Judge J. following the Def Con security conference.
The startup, led by CEO and founder Allen Kamrava, says it is backed by $2M in seed funding, which was raised back in September of 2017 through mostly friends and family. Euso says it is building building a consumer platform that allows assembled and self-selected groups to form for the purpose of sharing unexpected costs of life.
In 2017, backed by early investors including Capital One Ventures and Mark Cuban, Dave Inc. launched a mobile app to help users manage expenses and avoid overdraft fees.
Traffic Light Information is an Audi connect PRIME feature (a paid subscription) that is only available on select 2017, 2018 and newer models. The feature is still somewhat limited, despite the expansion to more cities.
The idea of high-flying air taxis has been popular; in 2017, Uber said it planned to have flying taxings in Los Angeles by 2020 (pictured); just last week, Uber sold its flying tax division to another company. Uber, for its part, had run some helicopter flights in New York City, but has yet to produce an actual flying vehicle.
Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz. The company says its goal is for “eco-friendly vehicles” to comprise 25% of its total sales by 2025. Canoo said it will provide engineering services to develop the electric platform.
One of the oldest VCs rooted in LA, Upfront previously closed on $400 million for its sixth flagship early-stage fund in 2017. Upfront’s investor line-up also includes partners Kobie Fuller, Greg Bettinelli, Kara Nortman and Kevin Zhang. Last year, companies headquartered in LA raised more than $60 billion.
He started Dutchie in 2017 (and yes, it is named after the song ) in 2017 from Bend and has been slowly and steadily growing the business. Eaze, the biggest startup in the online delivery space, has raised at least $37 million to tackle the growing market for legal cannabis delivery since its launch in 2014.
Financial details of the acquisition were not announced, however, DexYP says the combined company will have pro forma net revenues of more than $2 billion in 2017. Dex Media said on Friday that it has acquired YP Holdings , which operates both YP.com and the Real Yellow Pages, and will create a new combined company called DexYP.
The maritime industry is not a stranger to ransomware attacks: just last year, in 2017, shipping giant Maersk was crippled by the NotPetya ransomware attack, forcing the company to fall back on tracking shipments using handwritten notes; that attack forced Maersk to replace 45,000 PCs and 4,000 servers in order to recover from the attack.
revenue soared 52% in the third quarter, blowing through Wall Street estimates and continuing the company’s comeback from a rocky 2017 start as a publicly traded company.
— Elon Musk (@elonmusk) June 28, 2017. Musk did not provide details on how long or where that first segment of tunnel will lead to; apparently, the digging operations before now had been confined to the SpaceX parking lot. No longer waiting for Godot. It has begun boring and just completed the first segment of tunnel in LA.
According to BlackBerry, Qualcomm will pay the full amount of the final award on or before May 31, 2017. San Diego-based Qualcomm has agreed to pay $940M to BlackBerry Limited , in a conclusion of an arbitration case, over overpayment of royalties by BlackBerry to Qualcomm, BlackBerry said on Friday.
According to those filings, the funding comes on top of $1.65M in equity raised in a round which opened in June of 2017. Details on the funding--which appears to be a convertible note or bridge round, with warrants--have not yet been announced. That earlier equity funding had a target of $2.975M, and had included 62 investors as of November.
The new machine was first fired up in the summer of 2017. While fusion has a lot of promise as a zero-carbon source of energy, it’s not without some serious limitations, as Andy Jassby, the former principal physicist at the Princeton Plasma Physics Lab noted in a 2017 Bulletin of the Atomic Scientists article.
percent from Q1 of 2017. Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5
in 2017 alone. Impossible Burger is another well-financed startup making burger alternatives, as is the current king of animal-free condiments, Just , which is looking at lab-grown meat on its product roadmap. Globally, consumers bought $1.4 trillion of meat, according to data from Fitch Solutions Macro Research cited by the company.
Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The company said it invested over $50M in R&D efforts towards its technology an product in 2017. OpenX is led by CEO Tim Cadogan.
Northrop Grumman and Lockheed Martin win swarming cruise missile development contract; GumGum to exceed $100 million in revenue in 2017; and founder of Timehop left Snap after less than a year.
The company, led by CEO Daniel Starr, did not detail the funding round, but it appears the $20M Series A is the same, Series A funding it announced in May of 2017. The investor in that funding round was CEO Daniel Starr.
Industry analyst Mary Meeker’s 2018 Internet Trends presentation relies on data gathered across 2017. user base jumped a massive 10 million users between the third and fourth quarters of 2017. In 2017, on-demand or “gig” workers grew nearly a quarter — 23 percent — over the previous year. The Amazon Echo’s U.S.
TaskUs did not reveal any financials, but said it increased its revenue by 45 percent in 2017 and signedup 20 new clients, among other milestones. The company was started in Santa Monica, but its biggest employee base is in the Philippines. READ MORE>>.
PowerPlant Ventures acquired the majority ownership of Beanfields back in 2017. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. Beanfields' CEO is Arnulfo Ventura. READ MORE>>.
The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.
Now the San Diego-based company has added $53 million to a round of funding it first closed in 2017, money that it plans to put toward continued evaluation of the investigational antifungal treatment, fosmanogepix.
in funding back in 2017, from such investors as Illumina Ventures, Merck and others. The funding--which was disclosed via a regulatory filing--shows the round as a debt funding round, suggesting the funding is likely a convertible debt funding from existing investors. SerImmune previously raised $8.0M
Mayor Eric Garcetti at Upfront Summit, February 2017 I first sat down with then councilman Eric Garcetti on the Ides of March 2012 — almost 5 years ago exactly. It’s amazing to see the success of LA under Mayor Garcetti and that’s why I urge you to turn out to reelect him tomorrow — March 7, 2017 - every single vote matters.
Uber kicked off its self driving car program in Tempe in February of 2017, after the California DMV stripped Uber of its license to operate self-driving car permits. According to police reports, Uber's vehicle was in autonomous mode when the woman was killed on Sunday evening.
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