Silicon Beach Report April 4: Fullscreen Acquires Reelio
L.A. Business Journal
APRIL 4, 2018
Fullscreen acquires Reelio; Facebook data breach bigger than initially reported; Spotify opens at $30 billion.
L.A. Business Journal
APRIL 4, 2018
Fullscreen acquires Reelio; Facebook data breach bigger than initially reported; Spotify opens at $30 billion.
Berkonomics
APRIL 5, 2018
I expect that you have a story about how insurance saved you lots of money in your past. As usual, I have a story to make your hair stand on end. But first: here’s a fact. Business insurance is one of the more poorly managed mitigation of risk in small and many medium sized corporations, often because of failure to assign the responsibility to an individual or department, and sometimes just from the willingness to bet against the event and save cash.
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socalTECH
APRIL 3, 2018
Santa Barbara-based HG Data , which develops software for the B2B technology sales and marketing area, said this morning that it has named Elizabeth Cholawsky as its new CEO. Cholawsky replaces founder Craig Harris, who has transitioned to research and development, and will remain a Director and Chairman of the Board of the company. Cholawsky was previously President and CEO of Support.com, and also had been General Manager at Citrix, leading that firm's GoToMyPC and GoToAssist businesses.
InfoChachkie
APRIL 5, 2018
A version of this article previously appeared in Forbes. I recently enjoyed John Covach’s History Of Rock Coursera course. In an early lecture, he explains how the Nazis’ desire to protect Hitler from assignation led to the invention of recording technology that was ultimately used by musicians to create multi-track recordings, such as the Beatles’ Sgt.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
L.A. Business Journal
APRIL 2, 2018
Tesla stock drops; Spring Labs raises $14.75 million; ESPN to offer streaming service for $5 a month.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Tech.Co
APRIL 5, 2018
In an inspiring poem written by Erik Qualman , he recalled a question asked by his father, “What footprints do you want to leave in the sand?” While this metaphor didn’t have much meaning as an adolescent, today his digital leadership has helped brands, organizations, and individuals achieve their best digital legacy. Qualman is a top technology and motivational speaker, bestselling author, futurist, and chairman of Equalman Studios, which has produced film and animation projects for glob
L.A. Business Journal
APRIL 6, 2018
Netflix makes offer to buy L.A. billboard company; car-sharing app moves into Los Angeles; Postmates and DoorDash mulling merger.
SoCal Tech Calendar
APRIL 5, 2018
Wednesday, April 11, 2018 -- Los Angeles Digital Summit. The Definitive Digital Marketing Gathering.
socalTECH
APRIL 6, 2018
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. Getaround said that car owners in LA can make their automobiles available to others. The San Francisco company's service works through something called Getaround Connect, technology which allows renters to locate and unlock a car using an iOS or Android smartphone app.
Xconomy
APRIL 4, 2018
Two of the most popular terms in urban planning today are smart cities and clean energy. These concepts naturally go hand-in-hand. As cities get smarter, they use energy more efficiently and in a more controllable fashion, and they are better able to incorporate intermittent clean energy sources. Cities, and the power grids that support them, can use traditional power generation and stationary energy storage to support intermittent resources like wind and solar, but the lowest-cost solution for
L.A. Business Journal
APRIL 5, 2018
PeerStreet raises $29.5 million in Series B; Aerospace Corp. gets $2.85 million grant from NASA; Waze causing accidents on Echo Park’s Baxter Street.
socalTECH
APRIL 3, 2018
Virgin Galactic and Virgin Hyperloop One , alon with the Kingdom of Saudi Arabia (KSA) said late Monday that the three have extended their relationship and investment deal, where the parties will work together on the Kingdom of Saudi Arabia's "Vision 2030", a long-term diversification strategy being spearheaded by His Royal Highness Crown Prince Mohammad bin Salman Al Saud.
Tech.Co
APRIL 6, 2018
Any founder will tell you that building a business comes with its fair share of roller coaster rides. One week you are flying high and everything is awesome, and the next week you’re trying to make payroll. Starting and building a business isn’t for the weary, just ask former NFL player-turned-entrepreneur Darren Woodson. “Just like on the football field, you get knocked on your ass, and you get up.
L.A. Business Journal
APRIL 3, 2018
Snap discussing office in Saudi Arabia; Grindr caught sharing HIV data with analytics companies; Blackberry to sue Snap.
SoCal Tech Calendar
APRIL 4, 2018
Friday, April 6, 2018 -- International Entrepreneur Rule. What is it? Why does it matter? And where does it stand? MAKE IN LA AND LUMA LAUNCH. Why it matters: 51 percent of our nation's $ 1 billion + VC backed companies have at least one immigrant founder. This shows the importance of immigrant entrepreneurs to the US economy. Jeff Farrah- General Counsel of the National Venture Capital Association will join us to explain what the International Entrepreneur Rule is and where it stands.
socalTECH
APRIL 3, 2018
Imagion Biosystems Limited , a company developing early cancer detection testing tools, said this morning that it will relocate its U.S. business operations to San Diego. The Australian company had previously based its US operations in Albuquerque, New Mexico. According to Imagion Biosystems, it made the move because San Diego is one of the largest biotechnology hubs in the U.S., and home to more than 1,200 life science, biopharma and medical device companies.
Tech.Co
APRIL 2, 2018
Whether it’s a partner, spouse, family, friend, mentor or mom, having a support system is key to any entrepreneur’s success. For Nina Vaca , Founder, Chairman and CEO of Pinnacle Group, she attributes much of her success to the role models in her personal life, business and education, who have fueled her growth and lifted her up along the way. Nina started Pinnacle Group on the floor of her apartment.
Xconomy
APRIL 4, 2018
The advent of big fundraising rounds for startup chip innovators—a class shunned by most venture capital firms only a few years ago—seems to mark a turnaround in recent VC attitudes about semiconductor investments. But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificial intelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ
SoCal Tech Calendar
APRIL 4, 2018
Tuesday, April 10, 2018 -- Los Angeles Digital Summit. The Definitive Digital Marketing Gathering.
socalTECH
APRIL 3, 2018
A report, published by Buzzfeed on Monday, says that Los Angeles-based gay dating and hookup app Grindr had been sharing information on users' HIV status with two app optimization services, coupled with their GPS data and information. According to a data analysis by a research firm, Grindr apparently had been providing that information to Apptimize and Localytics, two third party developers of app optimization software, which the report claimed could potentially expose the information of Grindr'
socalTECH
APRIL 3, 2018
Irvine-based Axonics Modulation Technologies , which is developing medical devices for treating urinary and bowel dysfunction, said today that it has raised $40.1M in financing, split between $20.1M in equity and $20M in a credit facility. The equity funding was led by Longitude Capital, and also included Gilde Healthcare. The credit facility came from Silicon Valley Bank.
socalTECH
APRIL 6, 2018
Irvine-based Qmerit , which develops cloud-based, supply chain software, has raised $11.75M in a first funding round, Qmerit said this week. The funding was led by Strandview Capital, and also included Schneider Electric and innogy Ventures, the venture capiatl arm of German energy company innogy SE. As part of the funding, Strandview's Kevin Covert, and Schneider Electric's Heriberto Diarte both join the company's board.
socalTECH
APRIL 6, 2018
Los Angeles-based TeenSafe , which develops teen driver monitoring software for smartphones, says it has named a new head of its channel sales. According to the company, Aaron Moore has been named Head of Channel Sales, and will work directly with insurance companies. Moore was previously Vice President and Head of the Insurance Practice at Prime Technology Group, and also serv ed at Tata Consultancy Services.
socalTECH
APRIL 5, 2018
Los Angeles-based Jukin Media , which owns such social video properties that includes FailArmy, People Are Awesome, The Pet Collective, and JukinVideo--and provides a whole host of services related to viral and social video for brands, publishers, and media networks--said on Thursday that it has named both a Chief Financial Office and Chief Product Officer.
socalTECH
APRIL 5, 2018
Los Angeles-based XPRIZE , the nonprofit group which runs a series of competition focused prizes aimed at advancing technology in areas of importance to solve the world's toughest problems--says it has decided to continue its Lunar XPRIZE competition--despite the expiration of the sponsorship of the competition's top $30M award by Google. The prize competition--previously called the Google Lunar XPRIZE Challenge --will now be called the Lunar XPRIZE , and will run sans a cash award.
socalTECH
APRIL 4, 2018
Users of popular dating app Tinder might have just lost that opportunity for a hot date they were setting up tonight, after widespread privacy changes by Facebook on Wednesday apparently took some logins offline for Tinder users. Tinder--which is developed in Los Angeles--told users a "technical issue" was preventing logins into Tinder, and that it was working on the issue.
socalTECH
APRIL 4, 2018
Lasergen , a startup developing technology for the DNA sequencing market--and which has an office in San Diego--has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Agilent already owned a 48 percent ownership stake in Lasergen, as part of an investment it made in March of 2016. Agilent said the buy will help it grow in the diagnostics space and build a complete routine clinical NGS (Next Generation Sequencing) workflow.
socalTECH
APRIL 4, 2018
Venice, California-based Snap has been sued by BlackBerry Ltd. , in a patent infringement suite filed with the U.S. District Court, Central District of California (Los Angeles)--the result of a patent litigation push by BlackBerry Ltd. as it seeks new revenue sources. The lawsuit, BlackBerry Ltd. v. Snap Inc., looks similar to another lawsuit filed by Blackberry last month against Facebook, alleging Snapchat's app uses messaging technology owned by the company.
socalTECH
APRIL 3, 2018
Agoura Hills-based Key Information Systems , a provider of systems integration, compute, storage, and networking solutions and services, has been acquired by Converge Technology Partners , the two companies announced on Tuesday. Financial terms of the buy were not disclosed. Converge Technology Partners is based in Toronto, Ontario, Canada. According to the two, the acquisition will help provide Converge with a strong footprint within the Western United States.
socalTECH
APRIL 3, 2018
Laguna Hills-based WiSilica , a developer of Bluetooth Mesh technology used in the Internet-of-Things (IoT) market, said today that it has named Scott Poteracki as its new Chief Financial (CFO) and Operating Officer (COO). Poteracki was most recently COO and CFO at Cubex LLC. Poteracki also has served at Motorola, Broadcom, Cray, MTI, and Nexiant. WiSilica has previously raised venture funding from such investors as Anchor Asia Management, Aurotek, and FirstFloor Capital.
socalTECH
APRIL 3, 2018
A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market. Saudi Arabia appears to be in talks with a number of Southern California companies to link their technology back to the kingdom; just this morning , the Virgin Galactic and Virgin Hyperloop One, along with t
socalTECH
APRIL 2, 2018
San Diego-based ResMed said Monday morning that it has named Bobby Ghoshal as the company's first Chief Technology Officer. The company, which develops patient monitoring devices which can connect to the cloud, said that Ghoshal was ost recently Chief Operating Officer at Brightree, a Resmed-owned company which provides cloud-based software-as-a-service for out-of-hospital care.
socalTECH
APRIL 6, 2018
Netflix --which has major operations in Los Angeles--is looking to acquired Los Angeles-based Regency Outdoor Advertising , according to a report on Friday. The report, from Reuters, says that Netflix has offered around $300M for Regency Outdoor. The report cited "people familiar with the matter." READ MORE>>.
socalTECH
APRIL 6, 2018
Carlsbad-based satellite network operator Viasat said today that it has discontinued plans to launch its ViaSat-3 satellite with European satellite company Eutelsat, but still plans to launch its ViaSat-3 satellite in Europe. According to Viasat, Eutelsat has decided to "pursue a local market alternative" and will no longer be sharing efforts on launching ViaSat's satellite over Europe.
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