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San Diego has had plenty of businesses go public in recent years, but most have been life sciences companies. Now software startup Tealium, which has about 215 employees at its San Diego headquarters, announced Wednesday it has added $55 million in a Series F financing. Eleven-year-old Tealium has now hauled in more than $160 million in venture capital, and is prepping to become one of the region’s first big tech companies to go public in over five years.
Burbank-based CareerArc , which develops social recruiting and outplacement. technology and services, says it is in the midst of a big expansion in Los Angeles, and has added about 20 percent to its headcount over the last three months. The company said, as part of that growth, it has named Jason Blais as Executive Vice President of Sales, Linda Souza as Senior Vice President of Marketing, and also promoted Yair Riemer to President of its Career Transition Services Division.
Earlier this year, Spartan, the French manufacturer of a silver-lined underwear designed to block EMF radiation from cell phones and wireless routers, relocated to the U.S. and raised some capital from the Los Angeles-based investment firm, Science. Now the company has relaunched as Lambs and is adding a radiation-proof silver-lined beanie to its $29-per-pair underwear already on sale in the U.S.
Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.
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.
There must be at least several companies out there right now positioning to compete with you. If you’re large enough, you may be the target, and if smaller, you are the minnow not the shark – and need to be agile and creative. The five strategies: Picking one to emphasize. So, how do you position yourself to be a stand out? There are five strategic positioning areas for you to consider.
Pasadena-based ObEN , a developer of artificial intelligence-driven, animated avatars--which looks like and sound like real people--said its technology is being used to power the detailed, human avatar behind PAI News , an app which will deliver news on blockchain and cryptocurrency. ObEN said its 3D avatar, "Satoshi", will provide news on technology, finance, law, and education.
Even as Quibi , the short form video platform from Jeffrey Katzenberg’s WndrCo , reportedly looks to raise another $1 billion , rival service Fiction Riot continues to steadily build out its pipeline of short form serials. The Los Angeles-based company has already launched a beta version of its streaming service, Ficto , and yesterday announced a host of new shows that will appear on the app later this year.
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Even as Quibi , the short form video platform from Jeffrey Katzenberg’s WndrCo , reportedly looks to raise another $1 billion , rival service Fiction Riot continues to steadily build out its pipeline of short form serials. The Los Angeles-based company has already launched a beta version of its streaming service, Ficto , and yesterday announced a host of new shows that will appear on the app later this year.
Hyperloop Technologies Inc., doing business as Virgin Hyperloop One, raised $172.2 million of a planned $224.7 million equity funding round May 13 according to Securities and Exchange Commission filings.
Santa Monica-based Swell Investing , a startup which lets consumers invest in companies which meet socially responsibility, and "impact goals", has rolled out a new iOS app, which lets consumers invest in companies from their smartphone. According to Swell Investing, the new app lets users invest in companies solving the United Nations Sustainable Development Goals (UN SDGs) in seven portfolios, covering green technology, renewable energy, disease eradication, zero waste, healthy living, clean w
Furniture subscription rental service, Feather , is heading to Los Angeles and Orange County, California with $12 million in new funding and “thousands” of customers in New York and San Francisco. Sourcing its furniture from West Elm, Feather has come up with a business model that it says solves the problem fast furniture quickly filling up landfills as new renters buy furniture on the cheap and discard their old pieces when they move (which is more frequently than ever).
San Diego-based Citadel Defense , a developer of counter-drone technology, says that it has signed up an un-named, classified U.S. government customer, which is using its technology to prevent drone attacks in "highly sensitive areas". According to Citadel Defense, its systems are specifically being used to prevent weaponized drone attacks. The size of the deal was not announced.
Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Maybe it’s time to look harder at the mantra of a new breed of gurus and successful entrepreneurs, including Steve Blank and Eric Ries , called “nail it then scale it” (NISI).
Tuesday, May 21, 2019 -- SPAR 3D Conference and Expo. SPAR 3D Expo and Conference, presented by SPAR 3D.com and co-located with AEC Next, is the premier international event for the commercial application of 3D technologies focused on 3D sensing, 3D processing, and 3D visualization tools. From sensing with drones, mobile rigs, and hand-held devices to using augmented reality, virtual reality, and mixed reality visualization tools, everything 3D is here at the only vendor-neutral, industry-agnosti
Santa Monica-base Cornerstone OnDemand said late Thursday that it has named a Heidi Spirgi as the company's new Chief Marketing and Strategy Officer, to head up the firm's marketing functions. Spirgi was most recently Senior Vice President (SVP) of Product and Services for The Marcus Buckingham Company (acquired by ADP), and was the co-founder of a strategic consulting firm, Knowledge Infusion, which was acquired in 2012 by Appirio.
The world’s biggest annual cancer conference is just around the corner. Data presented at the American Society of Clinical Oncology meeting each year can change medical practice and make or break companies whose drugs are under the microscope. That’s what makes even the “abstracts,” or snippets of data revealed a few weeks before the meeting, so noteworthy.
Los Angeles-based Connect Homes , a developer of prefab housing technology, has raised $10.8M in its Series A funding round, according to the company. The funding was led by Brick & Mortar Ventures and Virgo Investment Group, and also included MetaProp, Almubader Growth Fund, and Wells Fargo Strategic Capital. As part of the funding, the company added Brick & Mortar's Darren Bechtel, and Virgo's Scott Johnson to its board of directors.
Image via Wikipedia Change is about the only thing constant in the world of startups. Despite their own focus on changing the world, they often forget that they too have to change rapidly and often as the market evolves. Too many find that out too late, and are left chasing a rabbit that is long gone. The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness.
Thursday, May 16, 2019 -- ISSA-LA's highly successful Security Summits attract the leading worldwide Information Security speakers and trainers. Summit XI will be held May 14-17, 2019 at the Annenberg Beach House on the shores of the Pacific Ocean in Santa Monica, CA. Various concurrent talks on securing infrastructure, applications, cloud and more, a CISO Forum, Women in Security Forum, and a Healthcare Security and Privacy track, a technical track, IoT Village and CTF (Capture the Flag) should
For our interview this morning, we caught up with Isaac Garcia , a serial entrepreneur who previously founded and sold his last company, Central Desktop, and now is working on a new startup, Sales Insider. Isaac told us a bit about how he thinks his company can help solve the recruiting issues with hiring software sales repsand also tells new entrepreneurs that sometimes, you just can't have it all, and the challenges of balancing a startup, family life, your health, and the rest of your life.
DNA image via Wikipedia As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet I still too often hear the question, “Can you give me a really sure-fire idea for starting my own business?” My standard answer is that ideas are a dime a dozen, and success is all about smart execution, not ideas.
Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public.
Wednesday, May 15, 2019 -- Southern California Quantum Computing Meetup. Joe Latone from IBM will discuss a quantum computing performance metric called quantum volume that they have developed. A representative from quantum communications company Qubitekk in Vista, Calif. will also talk regarding the development of a quantum cryptography technology solution that will provide quantum-safe authentication and encryption to automation devices in the field.
A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. According to Halla, the funding was led by E&A Venture Capital, an early stage food industry investor, and also included SOSV.
Image via Flickr by lumaxart Don’t charge the hill until you are “ready.” This probably seems obvious to military types, but I see entrepreneurs violating this rule all the time. They approach key potential investors way too early, trying to talk their way up the hill, with no supporting business plan, and before they have a support team around them.
Super League Gaming Inc. distinguished itself among esports companies – and most start-ups for that matter – by going public earlier this year, and on May 14 Super League released its inaugural earnings report.
Irvine-based Ingram Micro , which provides electronics distribution and supply chain services, said on Tuesday that it is expanding its operations in Lima, Peru, with the opening of a new IT Asset Disposition (ITAD) processing center, part of its Ingram Micro Commerce & Lifecycle Services arm. Ingram Micro said the facility is the third facility in South America.
The Xconomy Awards categories weren’t enough to capture the full diversity of the San Diego life science community. So we at Xconomy created X of the Year for people who are so unique they needed their own categories. Read on for short introductions of the X of the Year finalists. This is part of a series of articles profiling the finalists of the Xconomy Awards San Diego.
Image via Pixabay It’s time to take the drudgery and dread out of work at your business. You don’t like it, millennials won’t put up with it, and current productivity levels at work continue to decline. Only 32 percent of American workers are even engaged at work today. Most workers are still rushing to retirement, where they hope to escape to more stimulating activities with a real sense of accomplishment.
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