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This is our second year of creating our list of the top 50 people to watch in Southern California''s technology industry, and it was NOT an easy task. As we found last year, it''s a tough, unforgiving task to narrow down a list of the folks in Southern California''s technology industry to just fifty to watch. Will Kassoy , AdColony.
Playa Vista-based transportation technology developer Hyperloop Transportation Technologies is showing off what it calls its "completed hyperloop capsule passenger experience", which it designed in conjunction with design firm ICONA Design Group. The design is aimed at transporting 30 passengers.
Two, San Diego-based software development and integration companies-- Solekai Systems and Fairway Technologies --said this morning that they have merged into a new company. Financial details of the merger were not announced. According to both companies, they will continue to operate under their respective names.
Newport Beach-based startup OnSite Waste Technologies , which is developing counter-top, on-site medical waste sterilization products, says it has signed on a supplier of products for the senior living industry. The company said that Direct Supply, based in Milwaukee, is offering the company's OnSite TE-5000 product to its customers.
Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Financial terms of the merger were not announced. Rock Solid is owned by private equity investor Strattam Capital.
Irvine-based Karma Automotive , the revived, startup auto maker, says it has inked an agreement with BMW AG , to use BMW's engine technology in its automobiles. According to Karma Automotive, its vehicle, the 2020 Revero luxury car, will use a BMW TwinPower Turbo three-cylinder in-line engine.
Irvine-based Halo Technology Group, a manufacturer of fiber optic transceivers and high speed cabling, said last week that it acquired two companies, Aria Technologies and Solid Optics.
San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.
Los Angeles-based rocket and spacecraft developer SpaceX has acquired Swarm Technologies, a developer of "smallsat" (small satellite) technology. Financial terms of the buy were not announced, and no details of the acquisition were announced. The deal was uncovered via a series of filings with the FCC. Swarm has a network of 120.
Valencia-based Valencia Technologies, which is developing a device for the treatment of urgency urinary incontinence (UUI), said it has named a number of executives this morning.
Disclaimer: Terpin has been a frequent contributor to socalTECH). Terpin was previously very active in the Los Angeles startup and technology industry. A crypto scammer--who stole $22M from blockchain advisor Michael Terpin--is now facing up to 18 months in prison for his role in a 2018 SIM-swapping incident.
Los Angeles-based Karman Missile & Space Systems, a developer of flight hardware and sub-assemblies for the space market, said Friday that it has acquired Systima Technologies, a provider of integration of mission critical space and hypersonic systems. Financial details of the acquisition were not announced.
Carlsbad-based Smart Earth Technologies (SET), a developer of LTE and 5G products for the water utility market, has been acquired by San Francisco-based CrescoNet. Financial terms of the acquisition were not announced.
Carlsbad-based mionx, a developer of lithium-ion battery technology, says it has received a Series B financing round. The company said the funding will go to accelerate transfer of its technology to lithium-ion battery manufacturers. Size of the investment was not announced. Amionx is led by CEO Jenna King.
The company said it will officially be called Fair Technologies. According to the company, it is pivoting to launch a launch an end-to-end e-commerce marketplace that offers consumers inventory and comprehensive financing, insurance and extended warranties. Fair is now headed by CEO Brad Stewart.
Los Angeles-based private equity investor Levine Leichtman announced this morning that one of its portfolio companies, BigHand Ltd, has acquired legal software developer Iridium Technology from private equity investor Polaris Growth Fund. Financial details of the deal were not announced.
Los Angeles-based Hubble Connected, a technology products developer, says it is launching a new set of products at at parents, infance, children, and expecting mothers. The company said it has launched a new brand called "Hubble Connected" which includes a baby monitor, infant sleep monitor, and camera.
Quibi, the short-lived, short-form-mobile-video startup run by Jeffrey Katzenberg, is transferring its mobile video technology to another company, Eko, after Eko filed a patent infringement lawsuit against Quibi. Quibi--which shut down its operations last year--continues to exist as a legal entity, despite no longer operating as a company.
Santa Barbara-based Live Data Technologies said this morning that it has raised $5M in a Series A funding round. Source of the funding was not announced. The company says it is developing software to verify B2B contact data for people, tracking people as they move jobs.
El Segundo-based Millennium Space Systems, which was acquired by Boeing in 2018, said this morning that it has demonstrated its technology, which allows companies to "deorbit" their satellites in significantly less time than normally required after a satellite's usable life.
and the other in Sherman Oaks--will start implementing the new "Just Walk Out" technology, which uses what Amazon says is "computer vision, sensor fusion, and deep learning" to let customers simply walk out of the store and skip the checkout line. According to Amazon, two stores--one in Washington D.C.,
Seattle has GeekWire , LA has SoCalTech and so on. A local tech winner really creates a generational technology opportunity in the way nothing else can. ” that is right around the corner. Local press matters. Alumni Outreach – I always tell communities to find out who their famous city alumni are and seek them out.
Redland-based GIS software giant Esri announced on Friday morning that it has acquired ClearTerra , a developer of data extraction technology, from ClearShark, LLC. ClearTerra's technology helps extract unstructured data from emails, briefings, and reports, and automatically extracts geographic coordinates from that information.
Pasadena-based GuRu Wireless, a developer of wireless power charging technology, is powering a new effort to bring wireless charging to Motorola, the two companies said this morning. GuRu claims its technology allows for delivery of watts of power over meters. GuRu is led by CEO and co-founder Florian Bohn.
However, there is already the technology out therefrom San Luis Obispo-based Whitefox Defense (www.whitefoxdefense.com) to both detect, and neutralize those drones. We spoke with founder and CEO Luke Fox to learn more about the company, and its technology. Explain how your technology works?
Farhang was most recently Corporate Vice President at Micron Technology, and also served 26 years at Intel. Chronos Tech is developing technology for systems-on-a-chip (SoC) in the cloud computing, AI, mobile, automotive, and other areas. San Diego-based Chronos Tech said this week that it has named Ali Farhang as CEO of the company.
Fans of SpaceX , the rocket launch and spacecraft company founded by technology mogul Elon Musk, have yet another opportunity to see SpaceX send a spacecraft into space from Southern California, as early as Wednesday.
The insurance industry today is one of the last industries to fully jump into adopting technology for offering up their products, says Wayne Slavin , CEO and founder of SURE (www.sureapp.com), and just needs some help in getting there. We're here to serve, as a technology distribution platform, to help those insurance carriers become digital.
Thin Line says it has already made three investments to date: Sistine Solar (low cost solar roof technology); Digital Harvest (predictive analytics for crop harvest forecasts); and Kevala Analytics READ MORE>>.
As a result, organisations’ cyber security defences need to be more complex and broad than ever, taking into account not only technological vulnerabilities, but also the people who use that technology. Such attacks comprise both a technological component – the malware – but it is most often spread through social engineering.
Los angeles-based Silvus Technologies, a startup developing radio frequency (RF) spectrum scanning technology, has scored $1M from a Phase Three DARPA contract, the company said today. Silvus said its technology provides "extremely fast" spectrum scanning in a form factor the size of an iPhone.
San Diego-based Radicle Growth, which focuses on incubating early stage agriculture and food technology, and agriculture giant UPL said today that the two are in a new partnership, which will invest $1.25M in two startups that can "positively impact and reduce the carbon footprint and improve soil health of the food value chain."
Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs.
Irvine-based battery charging technology developer Enevate , which is aiming its technology at the electric vehicle (EV) market, announced this morning that it has received a round of funding from Bangchak , a Thai energy company. Enevate said the funding came via the Bangchak Initiative and Innovation Center (BiiC).
Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? That you cant do it alone.
It's unclear how much the move will benefit Southern California's technology industry, as many other tech moguls with property in Beverly Hills have not necessarily gotten involved with the growing technology industry here despite having residences in the LA area.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017.
California Lutheran University has been particularly active engaging with the startup and technology industry in Ventura County, and runs the Hub101 startup incubator and coworking space in Westlake Village, one of the most active locations for startup events and the local startup and tech community in the county.
NASA's Jet Propulsion Laboratory , in Pasadena, as well as dozens of technology companies--at least one managed service provider (MSP)--have been hacked by Chinese spies, according to an indictment by the Justice Department filed on Thursday.
Amazon's new space, at 1001 State Street, is expected to draw workers from UC Santa Barbara, Cal Poly San Luis Obispo, and other local universities, as well as from the region's existing supply of technology companies. Amazon's Alexa technology powers the many, voice-powered devices that connect into Amazon. READ MORE>>.
Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments.
Los Angeles-based Belkin is rolling out a new, 60W wall charger based on new gallium nitride (GaN) technology, which promises to make wall chargers much smaller than they are now. According to Belkin, its BOOST CHARGE PRO USB-C PD GaN Wall Charger charges such USB-C PD enabled devices as the Google Pixel 5, iPad Pro or Macbook Pro.
Limited (AI technology focused on cancer); Genegoggle Sp. Illumina's startup efforts are led by Amanda Cashin, PhD, co-founder and Global Head of Illumina For Startups. Companies which received funding were BIXBIO LIMITED (genomics in South Africa); EpiCombi.AI biotech in Poland); NewStem Ltd.
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