Sat.Jun 01, 2019 - Fri.Jun 07, 2019

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Agtech Startup GroGuru Gets Audience Kudos at EvoNexus Demo Day

Xconomy

Three wildly different startups among those incubating at EvoNexus, a La Jolla, CA-based nonprofit organization that supports early-stage tech companies, earned top marks from the audience at a pitch contest this week. EvoNexus typically hosts a “Demo Day” event twice per year to highlight the top startups currently housed in its incubator.

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‘Socially Inept,’ a comedy startup founded by Microsoft employees, roasts tech bros

TechCrunch LA

Everyone gets a kick out of mocking the quintessential San Francisco techie, Patagonia vest and all. ‘ Socially Inept ,’ a new traveling comedy cohort, is making a business out of it. The group has been roasting the tech scene in hubs across the U.S., including Seattle, where the company is based, as well as Los Angeles, Austin and San Francisco, since last summer.

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Orange County FundingPost VC and Angel Investor PitchFest + Pitch Workshop

SoCal Tech Calendar

Thursday, June 13, 2019 -- Orange County FundingPost VC and Angel Investor PitchFest + Pitch Workshop. We're doing it again! Due to the overwhelming demand to pitch at our last event in Orange County, we're throwing an exclusive PitchFest speed dating event where you will be pitching to over 20 investors one-on-one! At this OC Event, we will be showcasing some of the newest early-stage venture funds and angel groups in the San Diego area!

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Virgin Orbit Partners With Japan's ANA Holdings

L.A. Business Journal

Long Beach-based small satellite launch company Virgin Orbit announced June 6 that it will partner with Japanese firm ANA Holdings to bring Virgin’s LauncherOne rocket launch system to Japan.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Reinvent your business!

Berkonomics

Businesses that forgot to reinvent. If only newspaper publishers, book publishers, record companies, and movie producers would have had the vision to see their future as we now see it, we might have become a digital society with much less disruption and loss of jobs than we have experienced these past years – and continue to experience. Seeing the future of frictionless commerce.

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IKIN Raises $5M For Augmented Reality Technology

socalTECH

San Diego-based IKIN said this morning that it has launched its company, backed by $5M in seed funding, to bring personalized, 3D holograms to life. The startup--led by CEO Joe Ward--says it has created a new augmented reality technology it says will enable "immersive free-standing holograms" generated from a user's smartphone. The source of the seed funding round was not announced.

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Video Game Companies Waver on E3

L.A. Business Journal

The Entertainment Software Association has called its annual E3 conference, taking place this week at the Los Angeles Convention Center, “the world’s premier event for computer and video games.” But not all game companies see it that way.

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10 Tips To New Venture Leaders To Never Stop Learning

Startup Professionals Musings

You probably think that the fact that you have started your own business validates your leadership ability. It may confirm that you were a leader yesterday, but do you have what it takes to be a leader tomorrow? In this era of rapid change, you can’t afford to stop learning, or you will find that your competitors, your customers, and your team, may soon be following someone else.

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Friday Video Interview: Abner Flores, Checkplis

socalTECH

We've recently started a new feature--video interviews of local entrepreneurs, investors, and others in Southern California's technology community! For our Friday video interview, we have Abner Flores , the founder of Checkplis (www.checkplis.com), an early, bootstrapped startup developing software for mobile payment and restaurant maintenance. Abner tells us about his startup and what it's doing.

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San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop

SoCal Tech Calendar

Tuesday, June 11, 2019 -- San Diego FundingPost VC and Angel Investor PitchFest + Pitch Workshop. We're doing it again! Due to the overwhelming demand to pitch at our last event in San Diego, we're throwing an exclusive PitchFest speed dating event where you will be pitching to over 20 investors one-on-one! At this San Diego Event, we will be showcasing some of the newest early-stage venture funds and angel groups in the San Diego area!

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AirMap Names Former FCC Chairman to Board

L.A. Business Journal

Santa Monica-based software developer AirMap Inc. appointed former Federal Communications Commission Chairman Tom Wheeler to its board June 3.

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ASCO 2019: The Long Game, Targeted Pills, First-Ever Buzz & More

Xconomy

The American Society of Clinical Oncology meeting in Chicago has wrapped up for another year. Last week, we featured two stories that you wouldn’t find at the ASCO frenzy: Immunotherapy’s lack of progress in treating breast cancer , and one woman’s risky bet of tens of millions of dollars from her personal fortune to speed drug development for the nastiest form of brain cancer.

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Google Puts Support Behind Backstage Accelerator

socalTECH

Los Angeles-based Backstage Accelerator , the startup accelerator run by Backstage Capital, which seeks to support underrepresented founders, has received a big boost to its efforts today, after Google said that it will be supporting Backstage Accelerator to help it scale its efforts. According to Google, each startup in the Backstage Accelerator will gain access to Google advisors and product experts, onsite workshops in Google spaces, and access to the Google network of resources and support.

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TECHSPO Los Angeles 2019

SoCal Tech Calendar

Wednesday, June 12, 2019 -- TECHSPO Los Angeles Technology Expo - June 12-13, 2019 - Los Angeles, CA.

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Silicon Beach Report June 4: Crackle Venture Selects Leadership Team

L.A. Business Journal

Sony, CSS Entertainment executives to lead Crackle Plus; Bird branches out; Tencent to distribute Activison’s “Call of Duty” mobile game

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5 Questions To Help Solve The Tough Business Problems

Startup Professionals Musings

In my role as a business advisor, one of the attributes I often see in a good leader is the ability and willingness to ask good questions , before moving forward or issuing edicts, potentially in the wrong direction. We all have mental barriers – those unquestioned assumptions , unexplored options, or unchallenged rules of thumb that keep us stuck at a lower level of effectiveness.

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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

socalTECH

A local, private equity investor-- Dr. David L. Lee , has been named chair of the board of diretors of the J. Paul Getty Trust , which runs The Getty Center, The Getty Villa, as well as other charitable efforts. According to the Board of Trustees of the J. Paul Getty Trust, Lee will begin a four year term as chair of the Board on July 1st; Lee has been on the J.

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Cerf, Kahn, Perlman, Hillis & More at Net@50: Get Tix to Historic Event

Xconomy

How did the internet arise to change the world—and where is it heading? Given the state of technology and society, what are the best ways to curtail the spread of misinformation (among other challenges) and the harm it can bring? At the World Frontiers Forum and Xconomy, we can’t promise to cover everything, but we can deliver an important and historic event that poses such questions and many more.

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Silicon Beach Report June 3: Oceanic Mapping Firm Wins XPrize for Robotic Boat

L.A. Business Journal

Goncalves to lead WarnerMedia streaming development; SpaceX plans for Mars; Xprize awards oceanic mapping firm $7 million prize

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7 Messages All New Entrepreneurs Should Take To Heart

Startup Professionals Musings

When you have been on the startup firing line, you quickly learn that any insight from experts and entrepreneurs who have been there before you can make the difference between failure and success. Yet, many new entrepreneurs brazenly assume they are bulletproof, and march blindly into the fray. The result is that half or more of startups fail in the first two years.

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Carbon Lighthouse Collects $32.6M For Energy Efficiency Efforts

socalTECH

Carbon Lighthouse , a provider of energy efficiency services and developer of energy efficiency technology which recently opened up a Los Angeles office, has raised $32.6M in a funding, the company said on Tuesday. According to Carbon Lighthouse, $20M of that funding came from Cox Enterprises. Carbon Lighthouse says that it helps commercial building owners significantly reduce their energy costs and environmental footprint with no upfront cost.

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Inhibrx, Fresh Off $40M Funding to Advance Cancer Drugs, Eyes IPO

Xconomy

Two weeks after raising $40 million to push ahead with its drug development programs, Inhibrx submitted paperwork to the SEC revealing that it aims to raise money in the public market, too. The La Jolla, CA-based company, which is developing protein drugs targeting cancer and other diseases, was founded in 2010. Read more about the company’s history and its recent $40 million financing round hedge fund Viking Global Investors here.

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Silicon Beach Report June 5: Atom Tickets COO Joins EZTexting Board

L.A. Business Journal

SpaceX retrieves space station supercomputer, Netflix subscription numbers tallied; EZTexting appoints new board member

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How Modern Companies Have Redefined Customer Support

Startup Professionals Musings

Too many business owners still think of “ customer support ” as an after-sale process to rectify customer problems with completed transactions. The world has changed. With the advent of instant communication and social media, customer service starts at the first hint of interest by you, and never ends for repeat customers. One bad customer experience will kill not only one customer, but many future ones, who hear the message via social media and friends.

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Moleaer Finds $5M For Wastewater Treatment, Industrial Nanobubble Technology

socalTECH

Los Angeles-based Moleaer , a developer of equipment used in watewater treatment, farming, oil and mining, and other industrial processes, has raised $5M in a funding round, according to the company. The company develops industrial-scale nanobubble generators, which are used to dissolve gases into any liquid. Those bubbles are used in dissolving oxygen in hydropoics and horticulture and aquaculture; for algae control and odor control in wastewater treatment; for assistance in separating oil from

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Study: Gene Edits in CRISPR Babies Could Boost Risk of Earlier Death

Xconomy

The Chinese scientist He Jiankui, who revealed last fall that he used CRISPR gene editing to try to make twin newborn girls immune to HIV infection, might have also given them a higher risk of death. That’s according to a new study from University of California, Berkeley data scientists who analyzed the records of more than 400,000 people in the United Kingdom.

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Silicon Beach Report June 6: Google Funds Backstage Accelerator

L.A. Business Journal

Bird considers acquiring Scoot; Needham joins Riot Games; Backstage Accelerator supported by Google

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Security And Privacy Are Both A Risk and Opportunity

Startup Professionals Musings

With the ITRC 2018 End-of-Year Data Breach Report revealing a 126 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. My recommendation to entrepreneurs is to recognize these concerns as an opportunity to make people’s life better, rather than worry and dodge the risk.

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Inhibrx Files For IPO

socalTECH

La Jolla-based biopharmaceuticals startup Inhibrx has just filed for an IPO, saying in an S-1 filing that it is looking to raise up to $74.75M in an IPO on the Nasdaq Global Market. Inhibrx has applied to trade as INBX. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James. Inhibrx is backed by LAV Biosciences Fund and Viking Global Investors.

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Cybersecurity Summit June 2019

SoCal Tech Calendar

Wednesday, June 12, 2019 --.

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Grail’s Cook Steps Down, Former Juno Executive Bishop Named CEO

Xconomy

Grail CEO Jennifer Cook has stepped down from the cancer diagnostics developer and its board of directors. Menlo Park, CA-based Grail said Thursday that Cook left due to “family health reasons.” The company appointed Hans Bishop as her successor. Bishop, a Grail director since last August, is the founder and former president and CEO of Juno Therapeutics, which was acquired by Celgene (NASDAQ: CELG ) last year.

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3 Lesser-Known Ways Enterprise Can Improve Network Uptime

Southern California Edison Blog

As enterprises outsource more of the business operations to hosted platforms, more emphasis needs to be placed on ensuring mission-critical applications are always accessible. This means that the network connections to enterprise sites increase in their importance. The traditional goal is “five 9s” (99.999 percent) network uptime¹, which roughly calculated means your business experiences about five minutes of network downtime in a year.

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GeoLinks Wins $87.8M Contract Award For Rural Internet Rollout

socalTECH

Camarillo-based wireless Internet services provider GeoLinks has scored a big, $87.8M contract, to provide rural, Internet services across more than 11,000 locations in California and Nevada, the company announced this morning. According to GeoLinks, the contract award came from the Universal Service Administrative Company (USAC), which manages the broadband connectivity fund collected from telephone bills.

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What is Culture Fit?

SoCal Tech Calendar

Thursday, June 13, 2019 --.

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Silicon Beach Report June 7: SpaceX Preps For $1 Billion Satellite Launch

L.A. Business Journal

Former Pets.

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Bio Roundup: ASCO Wrap, Bluebird’s EU Tap, CRISPR Baby Risk & More

Xconomy

Welcome to conference week. That’s not an official moniker, but is there any busier time on the biopharma calendar? As the American Society of Clinical Oncology meeting wrapped up in Chicago, the annual BIO conference kicked off in Philadelphia, and a deep dive into diabetes begins today in San Francisco. With half the biopharma world, it seems, either on an airplane or roaming the halls of a conference center, it’s possible you missed other headlines, such as Europe’s mileston