Xconomy

AUGUST 2, 2019

We’re in the midst of earnings season, and a couple of San Diego’s publicly traded biotechs recently updated investors this week with sales data and other financial insights. Here’s a look at those companies. —Acadia Pharmaceuticals faced a setback in July with the failure of a late-stage trial that was testing pimavanserin —which the company’s sells under the name Nuplazid as a treatment for Parkinson’s disease-related psychosis—in people with schizophrenia who haven’t respond

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TechCrunch LA

JULY 29, 2019

Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group. All of Ordermark’s previous investors came back to provide additional capital for the company’s new funding, including: TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures and Nosara Capital , which led

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socalTECH

JULY 30, 2019

Santa Monica-based Ring --the doorbell and security camera maker which is now owned by Amazon --has now partnered up with at least 200 law enforcement agencies, giving those departments the ability to see where Ring cameras are installed in a neighborhood, and allowing the police to directly contact camera owners for requests for footage, according to a report.

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L.A. Business Journal

JULY 29, 2019

Lincoln Heights-based retailer Loot Crate Inc., which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month.

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Vernon 203

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.

Company

Berkonomics

AUGUST 1, 2019

This one comes straight from football. From experience and from information about the competition, a coach creates a playbook that contains detailed plans for actions or plays that the entire team must know without question and execute without pause in order to win games and advance toward the playoffs. But you know that of course. Your team playbook.

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TechCrunch LA

JULY 28, 2019

The Fortnite phenomenon — the wildly popular battle royale game from Epic Games — has manifested itself in concerned articles , cultural shoutouts and now has sealed its place in the cultural firmament by wrapping up its first “World Cup” which saw the company give away $30 million in prizes. Congrats to all of our winners this weekend at the #FortniteWorldCup Finals.

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Competition Social Network Los Angeles Study 272

L.A. Business Journal

AUGUST 1, 2019

Profits were roughly $0 for Boingo Wireless Inc. in the second quarter but the Wi-Fi provider added ten new internet service locations, setting a quarterly revenue record including roughly $10 million in access fees.

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SoCal Tech Calendar

AUGUST 2, 2019

Thursday, August 8, 2019 -- 16th Annual ERA Summer Social and Electro-Tech Table Top Show. 16th Annual electronics industry (Reps/Distributors/OEM's, CM's, etc) Summer Social - this year we are adding a mini table top show starting at 2:45 in an effort to get attendees to show up a bit early to see the latest and greatest products on display. Then stay and enjoy cold beverages and appetizers on a beautiful summer evening on the patio.

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TechCrunch LA

AUGUST 1, 2019

Damian Bradfield. Contributor. Damian Bradfield is the president, CMO and founding partner of WeTransfer , the company that designs tools for the creative process. His upcoming book, The Trust Manifesto, about trust in the era of big data, will be released on October 4th. In the summer of 2018, parts of San Francisco’s public utilities turned gold. Manhole covers, drainpipes and gas line covers were gilded in protest by a pair of street artists, Erick Schmitt and Nick Bushman, and quickly became

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Boyle Heights Los Angeles Design Training 237

socalTECH

JULY 30, 2019

Los Angeles-based venture capital investment firm TenOneTen Ventures has launched a new podcast, to highlight Los Angeles area venture capital funds, the fir is announcing today. The new podcast is run by Minnie Ingersoll and David Waxman, partners at TenOneTen, and it intended to help entrepreneurs get to know LA-based funds and the people behind them, according to Waxman.

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Venture Capital Los Angeles Ideas Entrepreneur 153

L.A. Business Journal

JULY 30, 2019

Venice-based Stackin Inc., a startup that offers financial planning advice via text message, has finalized a $4 million Series A raise to build out its platform and grow operations.

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Platform Venice Startup 100

Xconomy

JULY 29, 2019

With ambitious sales goals and its stock trading at an all-time high this year, cancer diagnostics firm Exact Sciences decided to go shopping. The result is a deal announced Monday to acquire Genomic Health for $2.8 billion in cash and stock, a combination that Exact CEO Kevin Conroy argues will create a global leader in the sector. “Together we have a stronger financial profile than on our own, allowing us to continue to invest in growth opportunities,” Conroy said on a conference c

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TechCrunch LA

JULY 29, 2019

When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years later, the company has pivoted from video to text-based financial advice for its millennial audience and is offering a new spin on lead generation for digital banks.

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Services Mobile Platform Los Angeles 212

socalTECH

AUGUST 1, 2019

Irvine-based Ingram Micro , a distributor of technology products and provider of cloud and other related services, has launched a new competition aimed at startups, thec ompany said this morning. According to Ingram Micro, its new Comet Competition is aimed at early stage, independent software vendors (ISVs), which will award $5M in money and funding to a total of 60 ISVs, through a series of 16 competitions, which it will conduct internationally.

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AllTopStartups

JULY 29, 2019

Cars are more than just the things you drive. They’re a part of who you are and tend to reflect your personality. Think about it. When you shop for a… The post What Your Car Says About You appeared first on AllTopStartups.

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Xconomy

JULY 31, 2019

We at Xconomy are excited to announce that we are honoring Mark Levin, co-founder and partner at Third Rock Ventures, with our 2019 Lifetime Achievement Award in Boston. The award recognizes Levin’s extensive contributions to the biotech industry and to the Boston life sciences ecosystem. Levin built Millennium Pharmaceuticals—inspiring a generation of future executives/entrepreneurs along the way—and also helped reinvent the venture capital market for early stage biotechs by foundin

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Venture Capital Capital Entrepreneur Help 97

Startup Professionals Musings

JULY 28, 2019

It’s always been tough to start a new business, even when the bottom line was just making a profit to stay alive. A few years ago, a second focus of sustainability (“green”) was added as a requirement for respectability. Now I almost always hear a third mandate - social responsibility. Entrepreneurs are now measured against the “triple bottom line” (TBL or 3BL) of people, planet, and profit.

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Startup Entrepreneur Capital Examples 93

socalTECH

JULY 31, 2019

In a major, patent lawsuit, the University of California, Santa Barbara has sued the five biggest retailers of filament "Edison-style" LED lighting, saying all of those bulbs violate patents held by UC Santa Barbara. According to UCSB, the Regents of the University of California filed a complaint with the U.S. International Trade Commission and lawsuits against five major retailers for the unauthorized distribution of what it says is its patented filament LED lighting technology.

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L.A. Business Journal

JULY 29, 2019

Alex Canter, the heir to one of Los Angeles’ most dominant delicatessens, raised an $18 million Series B for Ordermark Inc., his online food ordering and delivery platform.

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Los Angeles Platform Angel 43

Xconomy

JULY 30, 2019

About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. It exceeded that goal, with revenue rising 21 percent to $3.33 billion by the end of 2018. It’s a different financial story this summer. On Monday, Illumina (NASDAQ: ILMN ) informed the markets that it had overshot the mark with its 2019 estimates.

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Study News Demand Tool 59

Startup Professionals Musings

JULY 27, 2019

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. Just because you dream it and build it, doesn’t mean they will come – that encompasses not only customers, but also investors, partners, team members, and even your own family. They won’t come if they don’t trust you.

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Startup Entrepreneur Metrics Writing 91

socalTECH

AUGUST 2, 2019

Jeff Cohn , the founder and CEO of Syndicated Maps (www.syndicatedmaps.com) previously helped start up the Tech Coast Angels' efforts and company screenings in Los Angeles. He gives other entrepreneurs advice about making a startup successful, and what he's learned over the years of bootstrapping his own startup. Syndicated Maps runs such sites as Dead Cell Zones , a crowdsourced map of dead cell zones; PhotoEnforced.com , a map and database of traffic camera locations, and DrillingMaps.com , a

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Tech Coast Angels Startup Screening Los Angeles 124

socalTECH

AUGUST 2, 2019

Calabasas-based DTS is powering the new immersive audio experience for the ASus Republic of Gamers (ROG) gaming phone, according to DTS. DTS--which is now part of Xperi Corporation--said that its DTS:X Ultra audio technology is being incorporated into the new ROG Phone II, the newest product from ASUS Republic of Gamers. Financial impact of the win was not announced.

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socalTECH

AUGUST 2, 2019

Burbank-based Causecast , which developed an online platform to help employers increase employee engagement with charitable causes, has been acquired by America's Charities , a nonprofit focused on getting employees to support causes they care about. Financial terms of the acquisition were not announced. Causecast was founded and led by CEO Ryan Scott.

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socalTECH

AUGUST 1, 2019

Rich Branning is the CEO and co-founder of Sweep (www.sweepcrew.com), a company that handles logistics, maintenance, and other heavy lifting required for on-demand scooter companies like Bird, Lime, and others. We caught up with Rich to better understand the business, and why he thinks it's critical that companies like his step in to handle the labor intensive, logistics challenge that on-demand scooter companies have created for themselves.

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socalTECH

JULY 31, 2019

NASA has selected Hawthorne-based SpaceX , Carlsbad-based Vulcan Wireless , and Canoga Park-based Aerojet Rocketdyne as part of a new program to boost technologies to land humans on the Moon by 2024, the space agency announced on Tuesday. According to NASA, it has selected a total of 13 companies to help "mature industry-developed" space technologies.

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socalTECH

JULY 31, 2019

OnRobot , a manufacturer of grippers, force and torque sensors, and other products that are installed on the end of industrial robots, says it has set up a new office in Los Angeles, after its acquisition of another company, Perception Robotics. According to OnRobot, the new office in Culver City will be exclusively dedicated to research and development, and will help it attract talent and add new products to its portfolio.

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socalTECH

JULY 29, 2019

Culver City-based Ordermark , which develops software to help restaurants manage the orders and headache of having to deal with multiple, disparate, mobile delivery services, has raised $18M in a Series B funding, the company announced on Monday morning. According to the company, the new funding was led by Foundry Group, and also included TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures, and Nosara Capital.

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Culver City Mobile Capital Funding 124

socalTECH

AUGUST 2, 2019

IKEA has started selling a new line of speakers it devleoped in conjunction with Santa Barbara-based Sonos this week, including an oddly shaped, dual "speaker lamp", the SYMFONISK. According to IKEA, the new lamp is the "best sounding lamp in the world" and combines both a smart, Wi-Fi speaker and a light. IKEA also rolled out a combination speaker-and-shelf and other speaker products.

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LAMP Santa Barbara Design Product 113

socalTECH

AUGUST 1, 2019

Calabasas-based online travel booking site CheapAir.com is ramping up its attention on cryptocurrency users, saying on Wednesday that it has partnered with Bitcoin.com to support Bitcoin Cash. According to the two, CheapAir.com has been integrated into the Bitcoin.com wallet, which allows the cryptocurrency app's users to directly access CheapAir.com's booking engine from the app.

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socalTECH

AUGUST 1, 2019

Irvine-based Resources Connection , a business consulting firm which does business as Resources Global Professionals (RGP), has acquired Veracity Consulting Group, LLC in a deal worth $30.6M. According to RGP, the cash deal also included additional payments based on longer-term performance. Veracity is based in Richmond, Virginia, and provides consulting to healthcare organizations, and had $21.4M in revenues in 2018.

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socalTECH

JULY 31, 2019

Los Angeles-based Parrot Analytics , a provider of data analytics for the television industry, said it will provide its products to a Mexican development and production company, Dopamine, which is part of Grupo Salinas. Financial impact of the win was not announced. Parrot Analytics says it uses big data to predict audience demand for its original series in Mexico and other regions.

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socalTECH

JULY 31, 2019

Irvine-based smart television maker VIZIO says it is rolling out support for Apple AirPlay 2 and HomeKit, including for smart TVs it built as far back as 2016. According to VIZIO, its VIZIO SmartCast 3.0 will provide backward compatibility for both new and existing SmartCast TVs dating back to 2016, providing backwards compatibility to Apple's new video, music, and photo streaming features.

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socalTECH

JULY 30, 2019

Our video interview today is with Jenny Wang, Ph.D. , the co-founder and CEO of Jeni Vision (www.jenivision.com), a venture funded startup spun out of UC Irvine, which is developing treatments for a number of opthalmic conditions. Jeni Vision has so far raised $7M in its Series A funding. READ MORE>>.

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socalTECH

JULY 30, 2019

A major data breach at the Los Angeles Police Department (LAPD), appears to have given hackers access to personal information on roughly 2,500 officers and 17,500 applicants to the department, according to a report on Tuesday. According to the report, information included names, dates of birth, partial employee serial numbers, and login details for those officers and applicants.

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socalTECH

JULY 30, 2019

Startup accelerator operator Techstars --which has a big presence in Los Angeles--has raised a big, $42M funding round, led by SVB Financial Group (the holding company of Silicon Valley Bank), and which also included Foundry Group and its other existing investors. According to Techstars, the deal will help it accelerate its growth, through seed-stage accelerators, global startup ecosystem activations, corporate innovation, and entrepreneur-focused events.

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