TechCrunch LA
MARCH 27, 2018
The smash dockless scooter rental startup, Bird , is expanding beyond its Southern California nest with a new rollout in San Francisco, San Jose, Calif. and Washington, DC, the company said today. And as his company makes its migration across the country, Bird chief executive Travis VanderZanden is determined not to make the same mistakes that bedeviled his former bosses at Uber.
Berkonomics
MARCH 29, 2018
Close. Ever get bad advice? Sure. We all have in our past. Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. As one illustration among many I can recall, let me tell you the story of the first investment made by a newly organized formal group of angel investors.
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L.A. Business Journal
MARCH 30, 2018
Female-focused venture fund raises $10.4 million; Los Angeles tech workers data released; SpaceX gets approval to build satellite-powered broadband network.
socalTECH
MARCH 30, 2018
A new report, published this week by the nonprofit CompTIA group, says that Los Angeles is the number two metropolitan area in the nation for technology employment. According to the CompTIA 2018 CyberStates report, LA had 501,900 technology workers, number two in the nation behind New York City, which has 664,800. San Francisco, at number four, has 375,000 workers, with San Jose at fifth with 365,600.
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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
MARCH 29, 2018
Wednesday, April 4, 2018 -- FundingPost Los Angeles VCs, Angels, Crypto and ICOs Event. At our next event the panel of investors will focus on Early-Stage Venture Investing and a fireside chat about ICO basics: How to meet investors, pitch them, and what it really takes to get them to write you a check! We will be discussing trends in Early-Stage Investing, hot sectors, sectors that these Angels and VCs look at, things that are most important to them when they are considering an Investment, the
Xconomy
MARCH 28, 2018
Robotics has found its way to the ski slopes. San Francisco-based Roam Robotics has developed an exoskeleton, worn on the legs, that the company says will improve skiers’ endurance and safety while they blaze down trails. For skiers 45 or older, Roam says, the exoskeleton can provide vital support for aging knees that might be prone to injury otherwise.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MARCH 26, 2018
A new study, released by the Alliance for Southern California Innovation , has surprisingly come out highly critical of the region's fragmentation and "lack of a compelling geographic center", saying those factors are keeping the region from emerging as a "tech hub as robust as Silicon Valley". The Alliance was created by former California gubernatorial candidate and California Insurance Commissioner Steve Poizner.
SoCal Tech Calendar
MARCH 28, 2018
Tuesday, April 3, 2018 -- Orange County VCs, Angels, Crypto and ICOs Event. At our next event the panel of investors will focus on Early-Stage Venture Investing and a fireside chat about ICO basics: How to meet investors, pitch them, and what it really takes to get them to write you a check! We will be discussing trends in Early-Stage Investing, hot sectors, sectors that these Angels and VCs look at, things that are most important to them when they are considering an Investment, the best and wor
Xconomy
MARCH 25, 2018
A San Diego software development team with an idea for an emergency mobile app that it said would be faster than calling 911 is headed this week to US Ignite’s Application Summit in Kansas City, MO. The team (pictured above right) emerged as the judges’ top choice among 12 pre-qualified entrants that competed in San Diego on March 15th in the first round of the US Ignite Smart Gigabit Communities Reverse Pitch Hackathon.
L.A. Business Journal
MARCH 27, 2018
Foxconn, the Taiwanese manufacturing company that makes iPhones, announced the acquisition of Playa Vista-based Belkin for $866 million. The cash deal includes Belkin’s associated brands Linksys, Wemo and Phyn.
socalTECH
MARCH 26, 2018
Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May. No details on the acquisition have been announced by either of the companies. Snap has a history of buying companies to help it advanced its products; the company bought Vergence Labs in 2014 to power its Spectacles line; it recently acquired Meta
SoCal Tech Calendar
MARCH 27, 2018
Thursday, March 29, 2018 -- Los Angeles Ad Pros Mix Mingle Network. With technology, the advertising industry is going under massive disruptions right now. Mix, mingle, and network with other advertising professionals. Find partners with advertisers, ad agencies, publishers, and ad tech companies.
Xconomy
MARCH 28, 2018
[ Updated 3/28/18 12:15 am. See below. ] A healthtech startup founded by two doctors who set out in 2013 to improve the overall management of their respective medical practices is emerging from beta mode Wednesday to offer fellow physicians an office software suite. Reachify, founded in 2015 and based in San Diego, targets medical groups with software-as-a-service (SaaS) that consolidates phone, e-mail, social media, and other electronic communications into a centralized hub and collaborative wo
L.A. Business Journal
MARCH 29, 2018
Bumble countersues Match; Snap announces additional firing round; Wondery gets $5 million.
socalTECH
MARCH 30, 2018
Santa Monica-based Halogen Ventures , a brand new, female-focused venture capital fund which is focused on consumer technology, has raised $10.4M as part of its first fund, Halogen Ventures LP. The fund was founded by Jesse Draper--the daughter of venture capitalist Tim Draper--who has invested in such firms as Laurel & Wolf, Carbo38, Naya Health, HopSkipDrive, The Flex Comapny, and Sugarfina.
SoCal Tech Calendar
MARCH 27, 2018
Wednesday, March 28, 2018 -- Facebook Marketing Exclusive MASTERMIND Seminar (12 person limit) This event is hosted at WeWork in Playa Vista.
Xconomy
MARCH 27, 2018
“We looked, but we couldn’t find any companies to acquire led by women or founders of color.” “I want to hire diverse talent, but it’s impossible to find.” “It’s not my fault that the financial sector doesn’t have a more varied talent pool or deals to make with non-white males.” I have heard all of these reasons, and more, from various leaders trying to justify the lack of diversity in their investment portfolios and business deals or leadership teams.
L.A. Business Journal
MARCH 28, 2018
Fastdata.io, a real-time stream processing company, landed $5 million in seed funding from CrossCut, Pelion Venture and current investor NVIDIA.
socalTECH
MARCH 29, 2018
Irvine Scientific , which makes cell culture media and other products for the biopharmaceutical, cell therapy, and medical market, has been sold to FujiFilm , according to current owner JXTG Nippon Oil & Energy Corporation. Financial terms of the acquisition wre not announced. JXTG Energ had acquired Irvine Scientific in 1987. Irvine Scientific is actually now based in Santa Ana.
SoCal Tech Calendar
MARCH 26, 2018
Tuesday, March 27, 2018 -- Women in the Global Markets! WITI. Governments in 119 economies carried out 264 business reforms in the past year to create jobs, attract investment and become more competitive, says the World Bank Group's latest Doing Business 2018. Women must influence followers' attitudes and behaviors in a global context in order to achieve a common vision and goal.
Xconomy
MARCH 26, 2018
Artificial intelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. But its shortcomings, born of human biases, are becoming apparent as well. Take, for example, facial recognition technologies that work best on white people and make the most errors on black people.
L.A. Business Journal
MARCH 28, 2018
Fastadata.
socalTECH
MARCH 28, 2018
Los Angeles-based AEG Global Partnerships , which is part of sports and entertainment giant AEG, has boosted its digital marketing and media expertise, with the addition of a new Director of Digital at the company. According to the company, Matt Lawler will help it as it expands its digital business capabilities. AEG said Lawler will be responsible for the execution of strategic digital media initiatives, including the development and management of digital and social marketing campaigns, communi
StartUp Beat
MARCH 29, 2018
The startup Electric aims to provide “all-in-one IT support” in quicker and easier ways for small business owners throughout the United States. That innovation has now allowed the New York-based company to raise $9.3 million in its Series A round of funding in a backing that was led by Bessemer Venture Partners, according to a Thursday announcement.
Xconomy
MARCH 26, 2018
U.S. IPO activity has been ticking up, with 36 IPOs raising more than $12.7 billion in the United States so far this year, according to data released Monday by EY, the global consulting and accounting firm. Although there are still several days remaining in the first quarter of 2018, EY reports the number of first-quarter IPOs is 44 percent higher than the 25 offerings that occurred in the first quarter of 2017.
L.A. Business Journal
MARCH 27, 2018
Foxconn acquires Belkin for $866 million; Relativity raises $35 Million; and Snapchat acquires PlayCanvas.
socalTECH
MARCH 27, 2018
Santa Monica-based Bird , which offers up rentals of electric scooters for the "last mile" of your commute, has expanded to San Francisco, San Jose, and Washington, DC. The startup--which just raised a massive $100M for expansion of its services this month, also said it is working with cities to share in revenues made from riders on those vehicles. Bird previously only offered up its services in Santa Monica, San Diego, and some other parts of Los Angeles.
socalTECH
MARCH 29, 2018
Irvine-based QOS Consulting , a provider of managed services and software defined wide area networks (SD-WAN), said it has renamed itself QOS Networks , to better focus its brand around its core competency. The company, headed by CEO Frank Cittadino, said it focuses on supporting enterprise deployment of SD-WAN technology. The company provides its services to companies in the banking, insurance, hospitality, telecom, retail, technology and transportation industries.
socalTECH
MARCH 27, 2018
Xperi , the parent company of what was Calabasas-based DTS, reported that LG Electronics is integrating the DTS Virtual:X immersive audio technology into its latest line of Ultra HD TVs. According to Xperi, the integration of its DTS technology will provide "virtual height" and surround sound without the need for additional speakers in those LG televisions.
socalTECH
MARCH 27, 2018
The Governor of Arizona, Doug Ducey, who had chided California for its strict rules on testing of self-driving vehicles, has suspended Uber's self driving vehicle privileges in that state in the wake of the death of a pedestrian, killed by an Uber self-driving vehicle. According to Ducey, the death was an "unquestionable failure" to comply with the expectation that public safety would be a top priority for those operating self-driving cars.
socalTECH
MARCH 27, 2018
Los Angeles-based consumer electronics and accessories maker Belkin --which is behind such well known brands as Belkin, Linksys, Wemo, and Phyn--has been acquired by Taiwanese electronics giant Foxconn , in a deal worth $866M in cash. According to Foxconn (Foxconn Interconnect Technology Limited), which itself is a subsidiary of Hon Hai Precision Industry Co., Ltd.
socalTECH
MARCH 27, 2018
Los Angeles-based Relativity , which is developing automated, robot-based, 3D printing technology specifically aimed at manufacturing space rockets, has raised $35M in a Series B funding round, the company said today. The funding came from Playground Global, Social Capital, Y Combinator Continuity, and angel investor Mark Cuban. The company has locations both in Los Angeles, as well as Stennis, Mississippi, and also has linked to both USC and Stanford.
socalTECH
MARCH 26, 2018
San Diego-based Gryphon Online Safety , a startup that develops a wireless mesh system for home and small businesses, says it has incorporated technology from antivirus software developer ESET into its products. According to Gryphon, the addition of the software will incorporate threat detection technology to help protect its customers. Gryphon says it has an "AI-powered wireless mesh Wi-Fi platform" which not only includes such features as parental controls and Internet filtering, but also prot
socalTECH
MARCH 30, 2018
Culver City-based Signal Sciences , the web defense software developer led by Andrew Peterson, said on Thurday that it has signed up a new customer, One Medical. According to Signal Sciences, One Medical will use its Web Protection Platform (WPP) for threat protection and security for its cloud applications. Financial details of the customer win were not announced.
socalTECH
MARCH 30, 2018
Irvine-based antivirus and endpoint protection software developer Cylance has named a trio of new executives, saying that it has named Grant Johnson as Chief Marketing Officer (CMO), Kumud Kalia as Chief Information Officer (CIO), and promoted Eric Cornelius to Chief Product Officer (CPO). Johnson was most recently CMO at Kofax, and also has served at Pegasystems, Guidance Software, FileNet Corporation, FrontBridge and Symantec.
socalTECH
MARCH 30, 2018
The FCC has just approved a plan by Hawthorne, California-based SpaceX to launch a constellation of 4,425 satellites, to provide widespread Internet access across the earth. According to the FCC on Thursday, it has granted SpaceX permission to construct, deploy, and operate a proposed non-geostationary orbit (NGSO) satellite system comprising 4,425 satellites for the provision of fixed-satellite service (FSS) around the world.
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