TechCrunch LA
DECEMBER 5, 2018
Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. The former President of ExactTarget and later chief executive of Salesforce Marketing Cloud has made billions of dollars building products to help support customer service and now he’s back at it again with his latest venture MetaCX.
L.A. Business Journal
DECEMBER 5, 2018
Upfront Ventures leads $14 million MetaCX round; Axiomatic invests in Matcherino; Hyperloop Transportation Technologies links with German port authority.
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Berkonomics
DECEMBER 6, 2018
People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Does a “good heart” diminish the chances of success? First, let’s separate the “good heart” from the issue of whether an entrepreneur is driven to succeed.
SoCal CTO
DECEMBER 3, 2018
The LA CTO Forum recently conducted a survey to find out what our Chief Technology Officer (CTO) members saw as their biggest challenges heading into 2019. We received over 250 responses that provides a pretty good insight into the top CTO challenges. The rating scale was 1-5 with: Not a challenge A small challenge Somewhat a challenge Definitely a challenge Keeps me up at night We provide both an Average and a Scaled Rating that gives much higher weight to 4s and 5s and discounts 1s and 2s.
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TechCrunch LA
DECEMBER 4, 2018
One of Europe’s most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors. Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. The $45 million Series A was co-led by FitLab, Causeway Media Partners and JAZZ Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures and ward.ventures.
L.A. Business Journal
DECEMBER 7, 2018
Economic reality forces VR firms to switch focus for wider audience.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Berkonomics
DECEMBER 6, 2018
People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Does a “good heart” diminish the chances of success? First, let’s separate the “good heart” from the issue of whether an entrepreneur is driven to succeed.
Xconomy
DECEMBER 7, 2018
Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a “unicorn”—a business with a valuation of more than $1 billion—and it’s not even close. Instead, Aha is a bootstrapped startup. Founded in 2013 by de Haaff and Chris Waters in the Bay Area, the company announced in July it had surpassed $40 million in annual recurring revenue from the subscribers to its software-as-a-service.
L.A. Business Journal
DECEMBER 7, 2018
SpaceX reaches new heights with record-breaking rocket launch.
socalTECH
DECEMBER 5, 2018
Los Angeles-based venture investor Upfront Ventures is the lead investor in a MetacX , a startup developing collaboration software for suppliers and buyers of enterprise software. According to MetaCX, it raised over $14M in the funding round, which was led by Upfront Ventures. Upfront's participation was led by Kobie Fuller, who joins MetaCX's board of directors as part of the funding.
SoCal Tech Calendar
DECEMBER 7, 2018
Tuesday, December 11, 2018 --.
Xconomy
DECEMBER 7, 2018
Synthorx, which is working to develop cancer and autoimmune therapies using technology that allows it to expand the genetic alphabet, raised $131 million in an upsized IPO on Thursday. The company sold more than 11.9 million shares at $11 apiece. Nearly 1.8 million additional shares are available for its underwriters to purchase. Synthorx, headed by president and CEO Laura Shawver, had planned to sell 9.1 million shares for between $10 and $12 each.
L.A. Business Journal
DECEMBER 5, 2018
Early-stage venture capital investor Upfront Ventures, based in Santa Monica, led a $14 million investment round for MetaCx, an Indianapolis-headquartered developer of e-commerce management software.
socalTECH
DECEMBER 6, 2018
San Luis Obispo-based WhiteFox Defense Technologies , a new startup developing technology which protects critical infrastructure against drone intrusions, has raised $12.0M in a Series Seed funding round. The funding was led by JAM Capital, and also included Stage Venture Partners, Okapi Venture Capital, Serra Ventures, OCA Ventures, as well as Frontier Venture Capital.
SoCal Tech Calendar
DECEMBER 7, 2018
Thursday, December 13, 2018 -- South Bay Monday Club Member Holiday Lunch. Email Fred@mondayclub.com.
Xconomy
DECEMBER 6, 2018
Silicon Valley. New York City. Boston. Call them tech hubs or startup capitals, they are drawing in our nation’s venture capital dollars. But when it comes to new investments, venture capitalists can’t be so short-sighted. The opportunities beyond these markets may be richer than many realize. In July 2018, my venture capital firm, Alumni Ventures Group (AVG), encountered an investment opportunity in RealSelf, a marketplace that features reviews of providers of medical aesthetics and cosmetic tr
L.A. Business Journal
DECEMBER 7, 2018
New sponsors for Call of Duty World League; InSight Rover starts taking red planet data; former employees say Defy Media’s abrupt closure left them without final paychecks.
socalTECH
DECEMBER 5, 2018
Goleta-based semiconductor Transphorm , which designs and manufactures gallium nitride (GaN) semiconductors, says its technology has been used in a new product from Inergy. According to the two, Inergy and its design partner Telcodium used Transphorm's semiconductors as a key part of its new portable solar generator, the "Kodiak Extreme". The new solar generator provides up to 2kW of 110 or 120V output which it says is more powerful and lighter than competitive products, and in particular runs m
SoCal Tech Calendar
DECEMBER 4, 2018
Monday, December 10, 2018 -- South Bay Monday Club Member Holiday Lunch. Email Fred@mondayclub.com.
Xconomy
DECEMBER 4, 2018
Last week, Chinese researcher He Jiankui stunned the world with his claim to have created the world’s first gene-edited humans. He said he had used CRISPR-Cas9 to change the DNA of the embryos of twin girls, to make them immune to HIV infection, then implanted them in their mother’s womb via in vitro fertilization. He announced on video the girls were born healthy.
L.A. Business Journal
DECEMBER 6, 2018
Netflix pays $100 million for exclusive rights to “Friends;” Hulu chief hints streamer may be considering bid for sports; Aussie cotton farmers to use Semtech’s LoRa wireless networking tech.
socalTECH
DECEMBER 5, 2018
Camarillo-based analog and mixed signal semiconductor developer Semtech reported another win with its LoRa, low power wireless networking technology, this time in Australia. Semtech said its technology is being used to create a "smart farming network" in Australia, as part of a win with the National Narrowband Network Co (NNNCo), an Australian carrier.
SoCal Tech Calendar
DECEMBER 4, 2018
Wednesday, December 5, 2018 --.
Startup Professionals Musings
DECEMBER 7, 2018
Despite the ease of communication through social media, new tools, the popularity of fearless independence and #MeToo, I still see many business organizations that are less than productive due to fear. Yet in my work as an advisor to senior executives, I find that many fail to see reality in their own organizations, and have no idea whether they are part of the problem or the solution.
L.A. Business Journal
DECEMBER 5, 2018
Los Angeles-based NuOrder, a B2B wholesale e-commerce platform, closed on a $15 million Series C financing round, led by Radnor, Pa.-based venture capital firm NewSpring and joined by existing investors Upfront Ventures of Santa Monica and Argentum of New York City.
socalTECH
DECEMBER 5, 2018
Los Angeles-based advertising technology developer The Trade Desk says its Chief Operating Officer, Rob Perdue, is stepping down. According to the firm, Perdue--who has been at the firm since 2013, before its IPO--will step down after a transition period in the first half of 2019. The Trade Desk said Perdue will be stepping down to spend more time with his family.
SoCal Tech Calendar
DECEMBER 3, 2018
Wednesday, December 5, 2018 -- Startups: The Year That Was and The Year That's Ahead. Cal Lutheran Center for Entrepreneurship. Speaker: Ben Kuo, editor and founder, socalTECH.com We are excited to invite back Benjamin Kuo, editor and founder of socalTECH.com, for another year in review. He will talk about some of the noteworthy funding deals, acquisitions, exits and trends of 2018, and talk about what might be in store for the future.
Startup Professionals Musings
DECEMBER 2, 2018
In the world of entrepreneurs and startups, high level relationships are everything. You can’t start a business alone. You need partners, team members, investors, vendors, and customers. But people don’t realize that all relationships are not the same. There are people you only recognize on the street, business friends, and then close friends whom you can always count on to help.
L.A. Business Journal
DECEMBER 4, 2018
Downtown-based advertising technology firm Social Reality Inc. (doing business as SRAX) announced Nov. 30 its Chief Financial Officer J.P. Hannan will resign.
socalTECH
DECEMBER 5, 2018
Playa Vista-based Hyperloop Transportation Technologies (HTT), the hyperloop technology developer led by Dirk Ahlborn, has created a joint venture with a German company, Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), which is the biggest container terminal operator in the Port of Hamburg. According to the two, the new joint venture will focus on using hyperloop technology for what the two called the largest rail port in Europe, and also will look to extend that technology to other ports
SoCal Tech Calendar
DECEMBER 3, 2018
Tuesday, December 4, 2018 -- The Soul Of A Deal With Author Richard Wolpert Venture Partner Accel Partners Hub101. The Soul Of A Deal With Author Richard Wolpert Venture Partner Accel Partners, Co-Founder accelerator Amplify.LA. Moderated by Alon Goren Founding Partner of GHV, Co-founder of Crypto Invest Summit, LA Blockchain Week and 805 Startups Special.
Xconomy
DECEMBER 7, 2018
Henrietta Lacks’ “immortal cells” contributed enormously to the progression of scientific discovery, but Lacks, a poor, black woman who died from cervical cancer in 1951 months after her cells were harvested, never personally benefited from or consented to the medical research the HeLa cell line enabled. Dawn Barry, a former executive at San Diego genome sequencing powerhouse Illumina (NASDAQ: ILMN ) who cofounded LunaDNA last year, says her company is committed to compensating those who help it
L.A. Business Journal
DECEMBER 4, 2018
Hulu plans new advertising structure; SRAX CFO leaves; Faraday Future cutting more employees
socalTECH
DECEMBER 4, 2018
Los Angeles-based Freeletics , a startup focused on digital fitness, has raised $45M in a Series A funding round, the company said this morning. The funding was led FitLab, Causeway Media Partners and JAZZ Venture Partners, and also included Courtside Ventures, Elysian Park Ventures, ward.ventures, plus Tony Robbins. Freeletics said its investor group is affiliated with several professional sports franchises, including the San Francisco 49ers, Boston Celtics, Cleveland Cavaliers and Los Angeles
SoCal Tech Calendar
DECEMBER 3, 2018
Sunday, December 9, 2018 -- LA Auto Show.Last year, the global show had 1,000 of the latest models, vehicle debuts, and concept cars on display and this year, the expectation is no different.
Xconomy
DECEMBER 3, 2018
[ Updated 12/3/18, 3:30 pm, with CEO comments. ] ResMed has inked a $225 million deal to acquire Propeller Health, in the latest endorsement of Internet-connected devices for healthcare. The acquisition, which is expected to close by the end of March 2019, continues San Diego-based ResMed’s (NYSE: RMD ) “connected healthcare” push that began about five years ago, as Xconomy chronicled last year.
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