Berkonomics
SEPTEMBER 26, 2019
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.
TechCrunch LA
SEPTEMBER 24, 2019
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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socalTECH
SEPTEMBER 23, 2019
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.
L.A. Business Journal
SEPTEMBER 23, 2019
On-demand storage startup Clutter Inc. paid $152 million to acquire New York-based self-storage outfit The Storage Fox.
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.
SoCal Tech Calendar
SEPTEMBER 21, 2019
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
TechCrunch LA
SEPTEMBER 21, 2019
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.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
SEPTEMBER 23, 2019
AirMap Inc., a Santa Monica-based drone flight management software developer, acquired drone automation company Hangar Technology Inc. on Sept. 23.
Xconomy
SEPTEMBER 23, 2019
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.
Startup Professionals Musings
SEPTEMBER 23, 2019
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.
socalTECH
SEPTEMBER 23, 2019
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.
L.A. Business Journal
SEPTEMBER 25, 2019
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.
Xconomy
SEPTEMBER 26, 2019
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
Startup Professionals Musings
SEPTEMBER 21, 2019
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.
socalTECH
SEPTEMBER 27, 2019
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.
L.A. Business Journal
SEPTEMBER 27, 2019
Seattle-based esports organization Evil Geniuses will purchase a slot in Riot Games’ “League of Legends” gaming series from Echo Fox.
Xconomy
SEPTEMBER 26, 2019
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.
Startup Professionals Musings
SEPTEMBER 25, 2019
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.
socalTECH
SEPTEMBER 27, 2019
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.
L.A. Business Journal
SEPTEMBER 27, 2019
AUTOS: Startup aims to have electric ‘loft on wheels’ in market by 2021
Xconomy
SEPTEMBER 24, 2019
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.
Startup Professionals Musings
SEPTEMBER 22, 2019
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.
socalTECH
SEPTEMBER 26, 2019
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.
L.A. Business Journal
SEPTEMBER 27, 2019
Government enlists firm to fight ocean pollution
Xconomy
SEPTEMBER 25, 2019
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
Startup Professionals Musings
SEPTEMBER 27, 2019
A theme I often hear from the entrepreneurs and startups I advise is that once they see that first surge of traction from customers, they can relax and enjoy life for a change. The reality could not be further from the truth. In today’s world of growing competition and customer evolution , holding your own, and growing to the next level is a constant challenge that can never be ignored.
socalTECH
SEPTEMBER 25, 2019
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.
SoCal Tech Calendar
SEPTEMBER 26, 2019
Wednesday, October 2, 2019 --.
Xconomy
SEPTEMBER 23, 2019
Akcea Therapeutics has already been struggling to turn its two products into commercial winners. Now it will have to do so during a massive management transition. Akcea (NASDAQ: AKCA ) said Monday that CEO Paula Soteropoulos, president Sarah Boyce and chief operating officer Jeff Goldberg have left the company. Akcea’s board of directors has appointed Damien McDevitt interim CEO.
Southern California Edison Blog
SEPTEMBER 23, 2019
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. .
socalTECH
SEPTEMBER 24, 2019
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.
socalTECH
SEPTEMBER 27, 2019
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.
socalTECH
SEPTEMBER 27, 2019
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.
socalTECH
SEPTEMBER 26, 2019
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.
socalTECH
SEPTEMBER 26, 2019
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.
socalTECH
SEPTEMBER 26, 2019
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.
socalTECH
SEPTEMBER 26, 2019
McDonald's will be testing a new burger made from the plant-based burgers from El Segundo-based Beyond Meat , at restaurants in Canada, the fast food giant said this morning. According to McDonald's, the new "P.L.T." will be made with Beyond Meat, and will be available in select restaurants in Canada beginning on September 30th. McDonald's said the 12-week test of the P.L.T.
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