L.A. Business Journal
AUGUST 24, 2020
After going through a difficult breakup, Elle Huerta created what she thought she and others in her situation needed: an app for women who had recently split from their partners.
TechCrunch LA
AUGUST 27, 2020
Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Now the city’s enterprise tech scene can claim a really big winner with Signal Sciences , the security monitoring and management company that is getting bought by Fastly , a provider of content delivery networking services, for $775 million. “Our team couldn’t be more excited about the opport
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Startup Professionals Musings
AUGUST 28, 2020
Startups and small businesses are different worlds from big enterprises, so the qualities you need to get a job in a new venture are different. Corporate environments are looking for depth of technical skills and experience, while small businesses need everyone to be customer-centric , with a broad range of perspectives and experiences, in addition to the specific skill requested.
Berkonomics
AUGUST 27, 2020
First, what’s a “deal book?”. Maybe you have not heard the term, “deal book.” That’s a comprehensive piece on a company for use by a buyer in determining fit. A “deal room” is a cloud-based or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Your data room and its contents.
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.
L.A. Business Journal
AUGUST 24, 2020
Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.
TechCrunch LA
AUGUST 24, 2020
Amanda Milligan. Contributor. Share on Twitter. Amanda Milligan is the marketing director at Fractl , a prominent growth marketing agency that’s helped Fortune 500 companies and boutique businesses alike earn quality media coverage, backlinks, awareness and authority. More posts by this contributor. We throw away 80% of our content ideas, and you should too.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
AUGUST 28, 2020
Among the casualties of the COVID-19 pandemic: the credibility of government agencies entrusted with protecting public health. The FDA this week granted emergency use authorization for convalescent plasma as a treatment for infection by the novel coronavirus. FDA Commissioner Stephen Hahn and Department of Health and Human Services Secretary Alez Azar both misrepresented the magnitude of benefit shown in the clinical data used to justify the decision.
L.A. Business Journal
AUGUST 24, 2020
Miso Robotics Inc., the Pasadena-based robotics and artificial intelligence company, has appointed tech veteran Michael Bell as its new chief executive.
socalTECH
AUGUST 28, 2020
Southern California Gas Co. , the primary supplier of natural gas to customers in Southern California, reports that it has received over $7M in funding from the U.S. Department of Energy (DOE), to advance its work on zero- and near-zero emissiosn vehicle technology. The company said $7.1M in funding from the DOE will go towards projects led by Cummins, Inc., GTI and West Virginia University Research Corporation, which will advance fuel cell technology for on-road trucking and transit, near-zero
Startup Professionals Musings
AUGUST 26, 2020
Do you have an invention that you believe is worth a million dollars? In fact, it could be worth much more than that, if you are able to use it to kickstart a successful business. Unfortunately, many inventors I know are stuck at this stage, being great technologists, but not so great as entrepreneurs. As a result, their inventions languish and never make them a dollar.
Xconomy
AUGUST 26, 2020
Not long ago, having early data about how an experimental drug worked in humans was expected of biotechs considering IPOs. Dyne Therapeutics may not reach human testing until 2022, but, like many of its preclinical peers this year, the company is choosing to jump into public markets now while investor interest in the biotech sector is riding high. In paperwork filed with securities regulators late Tuesday, Dyne set a preliminary $100 million target for its IPO.
L.A. Business Journal
AUGUST 24, 2020
TikTok is ramping up its marketing efforts in the face of a potential ban in the United States and data security investigations in Europe.
socalTECH
AUGUST 28, 2020
San Diego-based Chatmeter , a provider of local search marketing and reputation management services, said it has hired three new executives on Thursday. The company said it has hired Dan Cunningham as Chief Technology Officer; Nichole Peterson as Vice President of Finance; and Kathleen Titano as Director of People & Culture. Cunningham was previously CTO and co-founder of ReadyTalk.
Startup Professionals Musings
AUGUST 23, 2020
Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down. Encores are tough, especially in the high-risk world of startups, yet every entrepreneur I know can’t wait to start over and do it again. Sometimes their haste or ego causes them to ignore basics, and they fall hard.
Xconomy
AUGUST 26, 2020
Acadia Pharmaceuticals has acquired Texas biotech CerSci Therapeutics, a privately held company with a clinical-stage molecule under evaluation as a potential therapy for post-surgical and nerve pain. The San Diego-based company splashed out $52.5 million on the buyout, a cash-and-stock deal—$47.2 million of it in Acadia shares, according to a regulatory filing —that closed Monday.
L.A. Business Journal
AUGUST 24, 2020
After going through a difficult breakup, Elle Huerta created what she thought she and others in her situation needed: an app for women who had recently split from their partners.
socalTECH
AUGUST 25, 2020
Irvine-based hardware maker Movandi , a developer of millimeter wave, wireless technology used for 5G networks, has upped its recently announced funding round to a total of $29.6M, according to a regulatory filing from the firm on Monday, and still hopes to raise as much as $35.8M in the round. Movandi had announced its Series C in April, saying it had raised $27M from WRVI Capital, and also included Cota Capital and DNX Ventures.
Startup Professionals Musings
AUGUST 22, 2020
Entrepreneurs have always believed that their product or service must show real value to customers, but today the smart ones are even able to make their marketing valuable. The days are gone when marketing was all “pushing product.” Now customers seek out people who are willing and able to add value, with expertise and insight, even before they have a product.
Xconomy
AUGUST 25, 2020
Presented by Xconomy, the 100% digital Xcelerate Keynote Series at Biotech Week Boston on Monday, Sept. 21 places a spotlight on life science leaders who are breaking new ground with methods and solutions in R&D, planning, and production that are improving patient outcomes. As the industry navigates uncertainty, the keynote speakers will help drive your business forward by sharing insights on how their sectors are adapting to challenges, combating disruptive forces, and preparing for what th
L.A. Business Journal
AUGUST 24, 2020
TikTok filed a complaint in federal court disputing the Trump administration’s efforts to ban the platform’s U.S. operations.
socalTECH
AUGUST 24, 2020
Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. The deal is reportedly worth around $7 billion, according to Bloomberg. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. Bloomberg cited "people with knowledge of the matter" for the report.
socalTECH
AUGUST 24, 2020
Irvine-based Menlo Micro , a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum. The company--a spinoff of GE Ventures--reportedly now has 30 customers in aerospace, military, and wireless-infrastructure industries.
socalTECH
AUGUST 24, 2020
Orange County-based Happy Money , which is backed by. Anthemis Group, Tencent Holdings and CMFG Ventures, says it is launching a free, 6-week wellness course it calls "Peace". According to Happy Money, the free course uses cognitive behavioral therapy, positive psychology, and psychometrics to help people understand and reduce the impact of financial stress on their lives.
socalTECH
AUGUST 28, 2020
Fans of El Segundo-based Beyond Meat can now purchase Beyond Meat's plant-based meat products direct from the company, through an online store, as Beyond Meat expands beyond restaurants and grocery chains. The move to support online sales comes several months after Beyond Meat's main competitor, Impossible Foods, also launched online sales, as consumers have avoided both restaurants and grocery stores due to the continuing pandemic.
socalTECH
AUGUST 28, 2020
San Diego-based GoSite , which operates an online platform aimed at helping small businesses get online, says it has linked with image provider Shutterstock. GoSite said it will offer up Shutterstock's content through its own platform. Shutterstock is a provider of stock images and photos. GoSite said it will provide Shutterstock's images directly in GoSite's Sites product, using Shutterstock's API.
socalTECH
AUGUST 28, 2020
Santa Monica-based Openfit , which provides digital, on-demand and live fitness, nutrition, and wellness programs, says it has tied into Amazon Halo , Amazon's new fitness and health tracking band. According to Openfit, as part of the collaboration, it has created a series of fitness-focused Labs which converts the data tracked by Amazon Halo into "actions that lead to measurable impact on their health and wellness.
socalTECH
AUGUST 27, 2020
Los Angeles-based Oblong , the developer of collaboration and remote meeting technology, reported a win with an an-named S&P 500 big box retailer this morning. According to the company, it was selected by that retailer for its corporate meeting spaces, to help with effective team collaboration at company headquarters while maintaining social distancing guidelines.
socalTECH
AUGUST 27, 2020
Los Angeles-based micro-mobility and scooter provider Bird said this morning that it will be offering up free rides to teachers to start off the school year, providing them with up to two, free, 30-minute rides per day until the end of September. According to Bird, the Free Rides for Teachers program is valid both in the US and Europe, and is part of a "thank you" to teachers facing an unusual year with academic challenges posed by COVID-19.
socalTECH
AUGUST 27, 2020
Los Angeles-based Harbor , a startup that is gamifying disaster preparedness through an app, has raised $5M in a seed funding round, the company disclosed on Thursday. The funding came from 25madison. Harbor is led by CEO Dan Kessler, who previously served at LA's Headspace. Harbor says it plans to launch its product in October. Kessler was previously VP of Global Business Development, and most recently had been Entrepreneur-in-Residence at 25madison, which is based out of New York.
socalTECH
AUGUST 27, 2020
Amazon is getting set to open up a brand new, high-tech grocery store-- Amazon Fresh --in Woodland Hills, the first in what the e-commerce giant hopes will be a new segment of the grocery industry. The store, roughly the same size as Whole Foods, will feature "Dash Carts", which will allow shoppers to check out without waiting in line, and also will include Echo Show smart displays, kiosks with Amazon's Alexa activated, and an entire are for picking up Amazon.com orders.
socalTECH
AUGUST 26, 2020
RateMyAgent , an online service for rating real estate agents which has its U.S. headquarters in San Diego, said it has raised $7M in funding. Source of the funding was not announced. According to the Australian company, the funding will go towards its growth efforts in the U.S. real estate market. The company said the new funds will go out to build out its U.S. sales and support team.
socalTECH
AUGUST 26, 2020
Irvine-based financial wellness program operator Acorns , which operates a program that encourages Americans to save and invest, says it has received a strategic investment from Dwayne "The Rock" Johnson and Dany Garcia, the co-founders of Seven Bucks Companies. Size of the investment was not announced. Johnson is best known for his acting roles, but now runs Seven Bucks Companies with his ex-wife, Dany Garcia.
socalTECH
AUGUST 26, 2020
Santa Monica-based movie ticketing app Atom Tickets is launching its app as a third-party, branded experience on Snapchat , the company announced on Wednesday. According to Atom Tickets, its new experience, Movie Ticekts By Atom, will let users on Snapchat watch movie trailers, buy movie tickets, and share their movie plans with friends all within Snapchat's Mini feature.
socalTECH
AUGUST 26, 2020
Los Angeles-based Bingie , a new startup, debuted a new, social recommendations app that helps users get movie recommendations from their friends on Thursday. The startup--led by Matt Knox--says the app helps users with movie recommendations across such services as Netflix, Disney+, Amazon Prime Video, Hulu and more. According to Bingie, the new app lets users find content across streaming services and networks; share recommendations with friends; create internal group chats on a show or movie;
socalTECH
AUGUST 25, 2020
A new California bill is threatening shared, micro-mobility companies like Santa Monica-based Bird and Los Angeles-based Wheels , by threatening to eliminate their ability to force their users to sign away their rights to sue those companies in the case of an injury or accident. According to the proposed law, agreements from those micro-mobility companies "shall not contain a provision by which the user waives, releases, or in any way limits their legal rights or remedies under the agreement.
socalTECH
AUGUST 25, 2020
A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments.
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