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Replicated , the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 billion-valued programming giant GitLab as its new chief product officer. . Mark Pundsack is joining the company as it moves to scale its business. At GitLab, Pundsack saw the company grow from 70 employees to 1,300 as it scaled its business through its on-premise offerings.
The need for real time information. From sports car to aircraft to super tanker, successful operation depends upon the pilot’s understanding and urgent timely use of a dashboard. Real time information is critical to real time decision-making, and increasingly in the modern business world, decisions are made by management without extended meetings or discussion with others.
One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is. They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur. It takes more than passion and a course on business basics.
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.
When Manatee founder Damayanti Dipayana’s brother was diagnosed with autism spectrum disorder, the family took all the steps to ensure that he was properly cared for. All of the things that could have been an obstacle to getting treatment weren’t for Dipayana’s family. A comfortably middle class background, a supportive family and ready access to care were all available, but still the therapy didn’t take.
Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. Stempeck was employee number eight at the company, and has been at the company for more than ten years. e originally founded and ran the company's New York office, before moving to Los Angeles in 2018.
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Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. Stempeck was employee number eight at the company, and has been at the company for more than ten years. e originally founded and ran the company's New York office, before moving to Los Angeles in 2018.
Many startup founders I know avoid establishing a formal advisory board or board of directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder. In my experience, just the opposite is true, since outside experts with the right experience can greatly reduce risk and improve the quality of your decisions in time of crisis.
Dave Johnson has known UC San Diego physician and cancer reseacher Thomas Kipps for nearly 20 years. Now Johnson, CEO of San Diego-based cancer drug developer VelosBio, has secured $137 million to accelerate the company’s goal of developing targeted therapies based on an antibody program developed by Kipps that homes in on tumors with a specific genetic signature.
In a series of moves seemingly made with one eye on advertisers and the other on rapidly growing competitor TikTok, Snap Inc. recently announced shoppable shows, rolled out music lenses and signed partnerships with third-party developers.
San Luis Obispo-based Mindbody , which develops software for the wellness and spa industry, said that its co-founder and CEO, Rick Stollmeyer, is shifting to the position of Executive Chair. According to the company, it has appointed current President Josh McCarter to CEO. The appointment will be effective on August 1st. McCarter has been at Mindbody sine 2018, when Mindbody acquired Booker Software, a cloud-based spa and salon business management company where McCarter had served as CEO.
Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts. That means that selling yourself is more important than selling your idea.
The federal government’s Operation Warp Speed has made its biggest financing award yet, promising $1.6 billion to a Maryland biotech to help advance its investigational COVID-19 vaccine and ready millions of doses in preparation for its possible success. Gaithersburg, MD-based Novavax, which has never before brought a product to market, announced the federal award Tuesday.
Los Angeles-based Kernel , a startup developing "brain recording" technology which monitors magnetic fields and neural activity in the brain, has raised $53M in a Series C funding round, the company announced this morning. the funding was led by General Catalyst, and also included Khosla Ventures, Eldridge, Manta Ray Ventures, and Tiny Blue Dot. The startup, led by founder and CEO Bryan Johnson, said the funding is the first outside funding of the company.
For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. It’s the American dream that has been the goal of people in this country for over 240 years. If you are here in the U.S., I hope you are all able to take some time off this holiday period, to contemplate what you do, and why you do it.
Thursday, July 16, 2020 -- AltaSea and LAEDC: Latest Cutting-Edge Tech Companies Are All Wet. Join AltaSea at the Port of Los Angeles for the first of back-to-back webinars focused on the blue economy. The July 16 webinar will be moderated by multi-Emmy award-winning journalist, Val Zavala. Panelists will include: Tim McOsker, CEO of AltaSea; Bill Allen, CEO of LAEDC; Rusty Jehangir, Founder and CEO of Blue Robotics; Kelly Stromberg, Co-Founder and COO of Holdfast Aquaculture.
Here’s a look back at some of the life science industry’s executive appointments, departures, and retirements from recent weeks: —Pacific Biosciences (NASDAQ: PACB ) CEO Michael Hunkapiller and Chief Financial Officer Susan Barnes are retiring. —Moderna (NASDAQ: MRNA ) appointed Ray Jordan as chief corporate affairs officer. —Aridis Pharmaceuticals (NASDAQ: ARDS ) appointed Hasan Jafri its chief medical officer. — Christopher Dinsmore joined Kronos Bio as chi
Los Angeles-based Synadia Communications , a software startup that is behind the open source NATS.io project, has raised a round of funding from Accenture , the two companies said today. Size of the strategic investment was not announced. NATS.io is an open source project for cloud applications, IoT messaging, and microservice architectures, which says it is being used by companies such as MasterCard, Ericsson, HTC, Siemens, VMware, and others.
After 20+ years of selling Digital Banking tech, I’ve reached the conclusion that no vendor will give your bank or credit union a decisive edge. But your connection to your community will. Last week, I had a long conversation with two analysts at a leading tech research firm. They kept wanting to steer the conversation to which vendor had killer functionality today.
Monday, July 13, 2020 -- Entrepreneurship and innovation with Prof and Investor Steven Mednick, Join JJ Richa in a fireside chat with Steven Mednick. Whether you are an entrepreneur, corporate entrepreneur or aspire to make a difference in the world by creating something new out of nothing, we will revisit the fundamentals of an entrepreneurial journey, including: Why entrepreneurship?
Cash flowed throughout the life sciences ecosystem this week as Blackstone (NYSE: BX ) raised a record-setting life sciences fund, companies of all stages announced new financings, and money continued to find its way to those working on efforts to treat or prevent COVID-19. Financiers poured $100 million or more into at least three biotechs, a trio of financings complemented by smaller rounds raised despite the disruption caused by the ongoing pandemic.
Carlsbad, California-based satellite Internet provider Viasat says it has removed the speed limits on its Ka-band in-flight Internet for its business aviation customers. The company did not say why it decided to remove the prior limits, however, the company provides both commercial in-flight Internet as well as business in-flight Internet through those same satellites, in addition to running an at-home satellite broadband serviec, WildBlue.
Being a part of the team that is sent on the business trips that help grow a company can be a huge responsibility. Each member of the team could have… The post How to Make Sure You Kill It on Business Trips with Other Company Members appeared first on AllTopStartups.
iPhone apps from Los Angeles-based dating app developer Tinder --not to mention other services like Spotify , Pinterest , and Waze --all were crashing or unavailable this Friday morning, as a result of what was believed to be an upgrade to the Facebook software development kit (SDK) in iOS. All of those apps--and many others--allow users to use their Facebook profiles to log into their apps.
Electric truck maker Rivian , which has development offices in Irvine and Carson, California, said this week that it has raised an additional $2.5 billion in funding. The new funding round was led by T. Rowe Price Associates, and also included Soros Fund Management, Fidelity, Baron Capital, and Amazon and BlackRock. Rivian is in the midst of bringing its first vehicles--the RT1 pickup and RS1 SUV--to market.
Monrovia, California-based biopharmaceuticals developer Xencor says it has linked with another biotechnology company, Atreca , to research, develop and commercialize T cell engaging bispecific antibodies as potential therapeutics in oncology. According to the companies, they will team in a three-year discovery program, where Atreca will provide antibodies against novel tumor targets from which Xencor will engineer XmAb bispecific antibodies that also bind to the CD3 receptor on T cells.
Los Angeles-based Not Me Solutions , which develops software used for reporting misconduct at companies, has named two new advisors, including the former Chief Compliance Officer of Google. According to the company, it appointed Andy Hinton , former Vice-President and Chief Compliance Officer at Google Inc, as well as Susan Lovegren , a former Medallia exec who was in charge of that firm's People and Culture team.
Irvine-based Advantech , a developer of IoT and other embedded platforms, has rolled out a new, artificial intelligence tool which it says is aimed at preventing infection by COVID-19 in high traffic and heavily populated environments. The company said its Visitor Thermal Screening System--which uses artificial intelligence for facial recognition and thermal screening, combined with a thermographic smart camera--is designed for use in offices, malls, stadiums, and elsewhere to quickly scan peopl
Los Angeles-based Criteria , a developer of tools used for pre-employment assessment, has launched a new tool to measure emotional intelligence, the company said today. According to the company, it has launched a new tool called Emotify, which it says will help companies select ideal andidates based on emotional intelligence. Pricing on the new tool was not announced.
Uber said on Wednesday that drivers in Southern California and Sacramento are now allowed to set their own price, as part of an effort by the company to show that its drivers are independent contractors and not employees. The move comes as a result of Assembly Bill 5 (AB5), which was passed last year that attempted to force "gig worker" companies to classify their workers as employees, not independent contractors.
Irvine-based electric auto maker Karma Automotive has picked up an additional $100M in funding, and also is looking to raise an additional $300M in funding , for its efforts to bring an EV to market, according to a report. Karma Automotive is majority owned by Wanxiang Group Corp. READ MORE>>.
Santa Monica-based dating app developer Tinder says it has begun testing out a new "Face to Face" chat feature which will allow its users to video chat one on one with others on the service. The new service--which has been in the works since at least May--will be available in the U.S., Brazil, South Korea, and elsewhere. In the U.S., the new feature is currently only available in a few states, including Colorado, Virginia, Illinois, and Georgia.
Nomad Homes , a startup developing a marketplace for finding and buying a home--which has operations in Los Angeles--has raised $4M in seed funding, the company said on Wednesday. The funding was led by Comcast Ventures, and also included Abstract Ventures, Partech, Precursor Ventures, WndrCo, and Class 5 Global. The company is based in Palo Alto, California.
El Segundo-based artificial intelligence software developer CUJO AI said this morning that it has named a new General Counsel. The company said it has appointed Jeremy Otis to the position, with Otis joining from Wartsila Marine, where he was Legal Director fot he Americas. CUJO AI said Otis has been an in-house lawyer for a number of Finnish security companies during 25 years in Finland and the US.
Simi Valley-based unmanned aircraft systems developer Aerovironment says it has received a $21M contract option, from the U.S. Army, for radio frequency modifications for its Raven UAVs. According to AeroVironment, the award is part of the first of three options under a sole source, Flight Control Systems (FCS) small UAS contract, which it annoucned earlier.
San Diego-based biopharmaceuticals developer VelosBio says it has raised $137M in a Series B funding roudn, to go towards its oncology efforts. The funding was led by Matrix Capital and Surveyor Capital, and also included Adage Capital Management LP, Cormorant Asset Management, Farallon, Foresite Capital, Janus Henderson Investors, Logos Capital, OrbiMed, funds and accounts advised by T.
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