Sat.Sep 21, 2019 - Fri.Sep 27, 2019

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Data collection is about to get much more dangerous

Berkonomics

On January First, 2020, California will enact the toughest data protection laws ever, far outpacing Europe’s General Data Protection Act (GDPR.) Called the California Consumer Privacy Ace (CCPA), few of us are even aware of this and need to know. California often leads the nation in protective acts, and it is likely that other states will soon follow.

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Canoo takes the covers off of its debut electric vehicle

TechCrunch LA

The Los Angeles-based startup Canoo has finally unveiled its first model, the eponymously named canoo. The Canoo designers have departed pretty radically from the traditional designs that other electric vehicle manufacturers have favored going with something that looks more like a VW Microbus than the sport utility vehicle that Byton is aiming for, or Tesla and Fisker’s sportscars and sedans or Rivian’s electric trucks.

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Trending Sources

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How TuesdayNights is Helping Women Entrepreneurs Connect With Capital

socalTECH

Raising capital for a female-led startup can be very diffiult--which is what Justine Lassoff and Melinda Moore found out when they started their own company, LovingEco, in Los Angeles. So, to help other female entrepreneurs, they founded TuesdayNights (www.tuesdaynights.org), a group in LA which helps female entrepreneurs connect with capital and each other to improve their access to capital.

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Clutter Acquires Storage Fox for $152 Million

L.A. Business Journal

On-demand storage startup Clutter Inc. paid $152 million to acquire New York-based self-storage outfit The Storage Fox.

Demand 182
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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An Entrepreneur’s Quest to Make Seattle a Genome Sciences Hub

Xconomy

Ivan Liachko turned postdoctoral research at the University of Washington into a company whose genomics tools are now found in laboratories researching human, animal, and plant health. His firm, Phase Genomics was one of the first startups to come out of UW’s genome sciences department. As a first-time entrepreneur working from UW’s incubator more than five years ago, Liachko says he didn’t think much about the rarity of genomics startups spun out of university research.

Incubator 111
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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Before that, I wrote about Stripe’s grand plans. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets.

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AirMap Acquires Hangar Technology

L.A. Business Journal

AirMap Inc., a Santa Monica-based drone flight management software developer, acquired drone automation company Hangar Technology Inc. on Sept. 23.

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Meissa Scores $30M to Test Vaccine for Dangerous Respiratory Virus

Xconomy

No vaccine is yet available for respiratory syncytial virus (RSV), which causes lung infections that, while usually mild, can be deadly for very young children. Biotech startup Meissa Vaccines , which aims to fill that treatment gap, announced today it raised $30 million to fund early-stage clinical trials for its experimental RSV vaccine. Morningside Ventures, a private equity and venture capital firm founded in Hong Kong in 1986, was the sole investor in the Series A financing, which brings Me

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We Need Entrepreneurs Who Think Like Revolutionaries

Startup Professionals Musings

The realm of an entrepreneur is all about change, but in my experience as a mentor to business founders, I hear too much about incremental change, and not enough about revolutionary change. Adding a couple of new features to Facebook, and calling it something new, may seem less risky, but creating a whole new industry, such as smartphones, has far more potential.

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Zingle Acquired By Medallia For $42M

socalTECH

Carlsbad-based Zingle , a developer of mobile messaging and customer experience software for the hospitality, travel , and retail markets, has been acquired by San Francisco-based Medallia , a provider of customer experience management software. Medallia said it will pay approximately $42M in cash for Zingle. Zingle had been backed by Rincon Ventures and Crosscut Ventures, and had raised $3M in its Series A funding round in 2016.

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Tetra Tech Wins Contract

L.A. Business Journal

Government enlists firm to fight ocean pollution

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At Venture Summit, 3 Takeaways For Entrepreneurs From True Ventures’ Phil Black

Xconomy

No one would argue that San Diego is overflowing with venture capitalists in the way, say, the San Francisco Bay Area is. In fact, the region’s relative dearth of investors is often bemoaned by local entrepreneurs. But, at least once yearly, that changes, and the community gets to hear insights from prominent outside VCs firsthand. Venture Summit —an annual gathering of local founders seeking financing and venture investors, primarily from outside San Diego, on the hunt for companies to ba

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Future Forum: Healthcare Personalization

SoCal Tech Calendar

Wednesday, October 2, 2019 --.

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Honey Gets Naming Rights On L.A. Clippers Training Center

socalTECH

Los Angeles-based startup Honey , which provides online discount codes and coupons to e-commerce shoppers, has entered into a naming deal with the L.A. Clippers , which have renamed their training center the Honey Training Center: Home of the L.A. Clippers. Financial details of the partnership were not announced. Honey's logo is now features on the training center and on the training jersey for the L.A.

Training 127
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Canoo Rolls Out Vehicle Prototype

L.A. Business Journal

AUTOS: Startup aims to have electric ‘loft on wheels’ in market by 2021

Marketing 100
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Enough with the Insanity. We Need to Fix Cybersecurity Now

Xconomy

The year 2019 has been another dreadful period for cyberattacks. The most notorious lowlights include: —More than 40 municipalities , including Baltimore, Albany and 22 cities in Texas alone, have seen their computer systems crippled by ransomware attackers demanding millions of dollars. —In one of the largest data breaches ever , a hacker broke into a Capital One server with a misconfigured firewall and gained access to more than 100 million customer accounts. —And, in the

Demand 104
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TuesdayNights Impact Conference

SoCal Tech Calendar

Friday, September 27, 2019 -- TuesdayNights Impact Conference. Over 100 Female Entrepreneurs and Thought Leaders Unite for TuesdayNights inaugural Impact Conference at the Annenberg Community Beach House on Friday, September 27th. The event, hosted by TuesdayNights founders Justine Lassoff and Melinda Moore, will feature keynote speakers including Laura Doss-Hertz, winner of XPRIZE for water abundance and Ronalee Zarate-Bayani, CMO of the Los Angeles Rams; as well as panelists who are female fou

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DTS Adds Microsoft Spatial Sound Support

socalTECH

Calabasas-based DTS , the developer of surround sound and audio processing technology--which is now part of Xperi Corporation--has launched a new product that supports Microsoft Spatial sound. According to DTS, its new product, DTS Sound Unbound supports Microsoft Spatial sound through its DTS Headphone:X and DTS:X products. The company said the lik will help enhance immersive gaming.

Calabasas 124
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Evil Geniuses Acquires LCS Slot from Echo Fox

L.A. Business Journal

Seattle-based esports organization Evil Geniuses will purchase a slot in Riot Games’ “League of Legends” gaming series from Echo Fox.

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10 Symptoms Of An Entrepreneur Who Is Nearly Broken

Startup Professionals Musings

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. The challenge in to know when and how to ask for help, and not let bravado and ego mask anxieties. The best people know when they don’t know, and know how to find the right help.

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Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco. The Medallia (NYSE: MDLA ) IPO earlier this year was one of a number of successful public market debuts by companies offering cloud-based software, often dubbed software-as-a-service.

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Han Chen, Co-founder and CEO, ZeaKal

socalTECH

San Diego-based ZeaKal (www.zeakal.com) recently announced a $15M, Series C funding round for its efforts to develop plant traits which increase the efficiency of photosynthesis. The company is backed by Canopy Rivers, Finistere Ventures, and Middleland Capital. We caught up with co-founder and CEO Han Chen to better understand what the company is working on, and some of the complexity of getting their technology to market.

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City of LA Contracts Everbridge for NotifyLA Upgrade

L.A. Business Journal

The City of Los Angeles' emergency alert system, NotifyLA, will be upgraded by Pasadena-based technology firm Everbridge Inc. thanks to a new agreement finalized Sept. 23.

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New Venture Equity As Compensation Is A Long-Term Bet

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” In reality, the number of shares doesn’t mean anything – it’s your percent of the total that you need to negotiate.

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Drug Pricing: Innovation, Investment, and the Public Good

Xconomy

The US biotech and life sciences industry has a long and proud history of driving medical innovations that have improved healthcare outcomes across a wide range of diseases and the overall quality of life for people worldwide. For too long, however, the industry’s narrative has been dominated and defined by partisans with a specific agenda who do not always provide the broader public with the context needed to be fully informed on key issues.

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LA's Circular Systems Scores Funding From Levi Strauss For Sustainable Apparel

socalTECH

Los Angeles-based Circular Systems , a startup developing material science technology to transform waste into fiber, yarn, and textile fabrics for the fashion industry, has scored funding as part of a Levi Strauss & Co. (LS&Co.) accelerator effort, Levi's announced today. Amount of funding was not announced, however, Levi's has been offering up as much as $50,000 to startups to help tackle some of the sustainability challenges in the apparel industry.

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3 Reasons Why Switched Ethernet is Ideal for Large Schools

Southern California Edison Blog

Managing a school comes with its own unique set of network challenges. Specifically, running a large school or university requires network solutions that are tailored to accommodate its size and functionalities. . Educational institutions also have to deal with strict budgetary constraints and have an increased need for secure networks. Finding the right solution that suits the unique needs of a medium-large sized school can be difficult and selecting the wrong network solution can be costly. .

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Office Relationships Are Key, But Affairs Are Trouble

Startup Professionals Musings

We all have to communicate and collaborate with other people at work, but most of us start out instinctively trying to maintain an emotional distance from others in the work environment. In fact, most employee training courses recommend the distance if the work relationship crosses management levels, and most management policies strictly forbid fraternizing with the team.

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Report: IPO Activity Picking Back Up Following Quiet, Volatile Q3

Xconomy

While the headlines may be dominated by news of WeWork putting its IPO on hold after reports about its questionable corporate governance, the overall initial public offering market is doing just fine. So far, 127 US companies went public in the first nine months of the year and the amount they raised already topped three of the past four years. Collectively these businesses raised about $44 billion in their debuts, topping the $34 billion, $21 billion, and $40 billion raised in 2015, 2016, and 2

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Super Hi-Fi Links With Targetspot For Audio Ads

socalTECH

Los Angeles-based Super Hi-Fi , a developer of artificial intelligence (AI) technology for improving digital streaming and listening experiences, said it has linked up with ad delivery and monetization company Targetspot. According to the two, the deal will provide new ad delivery capabilities for digital music services. Financial details of the deal were not announced.

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Catasys Finds $45M In Debt Financing For Mental Health Efforts

socalTECH

Los Angeles-based Catasys , a provider of technology that uses artificial intelligence (AI) to predict, identify, and treat mental issues among health plans members, has raised $45M in a debt financing round, the company said on Tuesday. The financing came from Goldman Sachs. According to Catasys, it provides 7 of the 8 largest U.S. health plans, including Aetna and Humana, to identify members with untreated behavioral health conditions which worsen chronic medical disease.

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Video Interview: Ronalee Zarate-Bayani, CMO, Los Angeles Rams

socalTECH

What are the lessons that Ronalee Zarate-Bayani , Chief Marketing Officer of the Los Angeles Rams (www.therams.com), has learned as being a female in the executive ranks? We spoke with Ronalee about the LA Rams, the importance of community to the Rams organization, and how she ended up at the Rams. socaltech interviews talks with Southern California's startup entrepreneurs, investors, and others in the local communiy.

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GoodRx Acquires HeyDoctor, Launches Online Medical Visits

socalTECH

Santa Monica-based GoodRx , an online marketplace for prescription drugs, is expanding into online medical visits with the acquisition of online medical services provider HeyDoctor. According to GoodRx, it has launched a new service where Americans can get an online medical visit with board-certified medical professionals, and receive treatment, prescriptions, and lab tests for routine medical issues.

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Effort To Punish China Might Hit LA Instead

socalTECH

A new effort to punish China appears to likely to instead hit Los Angeles jobs instead , due to an obscure provision in a national defense bill, which seeks to bar Chinese manufacturers from supplying things like train cars and buses to the United States. According to a report from Wired, a provision in that national defense bill would block BYD , which manufactures electric buses in Lancaster, from the U.S. market.

Lancaster 113
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Caltech Gets $750M For Climate Research

socalTECH

In the second largest donation ever made to a U.S. university, the California Institute of Technology has received a massive, $750M pledge from entrepreneurs Stewart and Lynda Resnick, to go to environmental sustainability research. The entrepreneurs--who own The Wonderful Company--will go towards research into what Caltech says are the "most pressing challenges" in environmental sustainability.

CalTech 113
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Grind Banking Aims At African American Community

socalTECH

Los Angeles-based Grind Banking , a new fintech startup, says it is looking to cater to the needs of African American consumers, as well as other underserved communities, with its new products. The startup says it will offer up FDIC insured debit accounts, and a mobile banking app specifically aimed at the African American community. According to Grind, it was created specifically to fill the void created in 2017 when Russell Simmons' RushCard was sold to Green Dot.

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