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Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. The EduCreator Incubator will seed 25 to 40 “emerging video creators” with $25,000 to $75,000 in seed funding, depending on their location, and will enroll them in a 12-month mentorship program. The only requirement is that they focus on educational video content targeting children and young adults.
Los Angeles-based Ticketmaster said this morning that it has acquired a blockchain startup, UPGRADED. UPGRADED develops blockchain software which aims to convert traditional tickets into digital assets, combined with dynamic, encrypted barcodes Ticketmaster says prevent fraud often associated with paper or PDF-based tickets. Financial details of the acquisition were not announced.
Loyalty is a hard-earned commodity. There are several times when stakeholder loyalty is tested to the limit. For employees, a late or missed payroll is the ultimate test of corporate loyalty, divorced even from an employee’s ability to make do without a paycheck. For investors, a subsequent down round at a lower valuation than the last, or an exit opportunity at a loss are all opportunities for the affected stakeholder to show a side that can sometimes shock an entrepreneur or CEO.
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.
Lensabl , the company that has built a business putting prescription lenses into any style of glasses frame , has raised $3.7 million in a new round of funding. . Lensabl makes it easy to put new lenses in a favorite pair of shades or glasses. Based in Los Angeles, Lensabl already has an agreement inked with the city’s latest tech wunderkind, partnering with the spectacles-producing augmented reality luminaries at Snap. “We are the preferred prescription provider of Snapchat Spectacl
El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. Size of the investment, which was part of a larger Series B investment, was not announced. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
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El Segundo-based CUJO AI , a developer of artificial intelligence-based cybersecurity software for telecom network operators, has raised a round of growth capital from KPN Ventures, the company said this morning. Size of the investment, which was part of a larger Series B investment, was not announced. KPN Ventures is the corporate venture capital arm of Netherlands-based KPN, a large telecom company.
The federal net neutrality regulation, which had guaranteed equal access to the Internet for data from all sources, is officially repealed. There are no longer federal rules ensuring that all Internet traffic must be treated equally, and no FCC protections to stop Internet Service Providers (ISPs) from engaging in blocking, throttling, or paid prioritization of content.
Thursday, October 25, 2018 -- Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness!
Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based venture capital firm August Capital, with participation from Refactor Capital.
Los Angeles-based j2 Global , which owns a large portfolio of Internet services, including such services as eFax, eVoice, Campaigner, Livedrive, as well as online media outlets like IGN, Mashable, PCMag, Everyday Health, and others, has acquired five more companies. According to j2 Global, the five acquisition were all made in the third quarter of 2018, and included PRIME Education , The Communicator Corporation , BestBlackFriday.com (certain assets), Downdetector , and DemandShore.
More days than not, Michael Colaneri’s home is a hotel room. So innovations like “geolocation” sensors that automatically unlock his room door and adjust the thermostat when he’s nearby make the constant change easier—sometimes. “My experience has been exceptionally inconsistent,” he says. “When it’s worked, it’s really great, cool, and so efficient to the point where they’ve spoiled me rotten. … When it doesn’t work, it does more damage than not having it at all.
Thursday, October 25, 2018 -- AI and Society: Creating a Fair and Ethical Future. As Artificial Intelligence (AI) begins to percolate into our everyday lives, we must take a step back to think about the effects of such technologies on our lives. How does AI embody our value system? Whose interests are advanced by an AI system? Do AI systems learn humanly intuitive correlations?
Los Angeles-based nonprofit XPRIZE , which operates a number of sponsored "challenge" prizes aimed at solving some of humanity's greatest challenges, has named Anousheh Ansari as its new CEO. Current CEO and founder Dr. Peter H. Diamandis continues as Executive Chairman. Ansari, who is a tech entrepreneur, is best known as for her private ride to space on a Russian Soyuz, which made her the first private female to visit space as a tourist.
Five-year-old biotech TP Therapeutics has raised an $80 million mezzanine financing round and promoted its chief medical officer, Athena Countouriotis, to CEO. The San Diego-based biotech, which is developing targeted cancer drugs for people whose tumors resist other precision therapies, announced the changes Friday. TP Therapeutics is developing a drug called repotrectinib that targets a group of genetic alterations to the enzymes ALK, ROS1, and TRK, which are implicated in lung cancer and othe
Thursday, October 25, 2018 -- Founder-Only Roundtable ft. Roger Obando. Are you the founder of a tech startup? Join Founders Network for one of our intimate roundtable discussions featuring Roger Obando, Co-Founder and CTO of Baker Technologies. These intensive sessions are founder-only, and serve as a space to share real issues and challenges with your peers.
Santa Monica–headquartered Universal Music Group Inc. signed a deal with British digital audio streaming firm Mixcloud on Oct. 15, ensuring that UMG artists will be compensated for the use of their music on Mixcloud’s platform.
Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M in a seed funding round. The funding was led by Moonshots Capital, and also included Techstars and Luma Launch. We caught up with Catalog's co-founder and CEO Patrick Ip , along with co-founder Jacobo Lumbreras , to learn more about the startup.
The inventor and developer of a drug, nusinersen (Spinraza), are among the winners of the Breakthrough Prize in Life Sciences. Adrian Krainer (pictured) of Cold Spring Harbor Laboratory and Frank Bennett, senior vice president of research at Ionis Pharmaceuticals, share the $3 million prize. The Breakthrough Prizes, now it their seventh year, tout themselves as the world’s biggest prize in science and are sponsored by Sergey Brin, Priscilla Chan and Mark Zuckerberg, Ma Huateng, Yuri and Julia Mi
Thursday, October 25, 2018 -- OC ENTREPRENEURS: Join us for another LIVE MasterMinds Workshop. Bring your startup ideas and business questions so our friendly group of local Orange County entrepreneurs and business owners can help you move your business farther, faster. Free tickets available if you have a good startup business question for discussion, or you want to practice your startup pitch!
Costa Mesa-based Veritone , a developer of artificial intelligence software, said this morning that it has added Nayaaki Nayyar as a member of its board of directors. Nayyar is the President of Digital Services Management at BMC Software, and she previously served as head of SAP's Internet of Things (IoT) division, in addition to serving at SAP, Shell, and Valero.
The days of leadership without engagement are gone. With interactive social media and video everywhere, everyone needs to feel they have a relationship with their leaders, and every brand needs leader personification for customers to relate. Soon you won’t be able to name a business as one of your favorites if you can’t personally visualize and relate to company leadership.
Los Angeles-based AppOnboard , the developer of mobile app demo technology led by Jonathan Zweig, says that it now has such app developers as FoxNext Games, Game Insight, Superheart Studios, Jam City, Huuuge Games, and Simple Habit using its tools. According to the startup, those cutomers are some of the developers who are using its tools to enable Google Play Instant apps via its "App Store Demos" product, which it launched in August.
The biggest challenge for every entrepreneur and every startup today is to get noticed and remembered in today’s information overload. The number of entrepreneurs worldwide is huge, starting an estimated 50 million new businesses per year, or 137,000 per day. Every one of these probably has a unique story, but in my years as a startup advisor I only remember hearing a few who capitalized on their story.
Thursday, October 25, 2018 -- Growth Capital Conference. Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp! See p://www.GCC2000.org.
Los Angeles-based ProducePay , a Los Angeles company which is developing fintech for food growers, distributors, shippers and marketers, has raised $14M in a Series B funding round, the company said this morning. The funding was led by Anterra Capital, and also included Rabo Frontier Ventures, Coventure, Social Leverage, FJ Labs, Greenhouse Capital, Moonshots Capital and Tribeca Angels.
One of the things I’ve learned in working with aspiring entrepreneurs is that managing and leading a team is a scary venture into the unknown for many people, even if they have worked as a business professional for years. Having worked in my own career on both sides of the fence at various times, I recommend that everyone practice thinking like the boss in every role to prepare.
Wednesday, October 24, 2018 -- Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness!
Los Angeles-based online game maker Riot Games is facing allegations of sexism and harassment at the company, according to a report this weekend from the LA Times. The allegations include that two employees who defended diversity initiatives were "targeted by online mobs and out of a job soon after." The local tech and content industry has had a string of high profile issues over sexual harassment over the past few years, including issues involving Ross Levinsohn, the former publisher and CEO of
Technology and life sciences leaders say they’ll remember Paul Allen, the Microsoft co-founder, philanthropist, and investor who passed away Monday at age 65, as an “inspiration” whose work will impact the fields he worked in for years to come. Allen died from complications of non-Hodgkin’s lymphoma, according to a statement from Vulcan, the Seattle-based philanthropy and investment firm he led.
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