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L.A. Cleantech Incubator Founding CEO to Step Down

L.A. Business Journal

Fred Walti, the founding chief executive of the Los Angeles Cleantech Incubator, is stepping down after six years at the helm, Los Mayor Eric Garcetti announced Thursday

Which School Generated The Most Startup/Tech Forbes 30 Under 30 Phenoms?

InfoChachkie

I was pleased and proud when I learned that two of my former UC Santa Barbara students, Sieva Kozinsky, Founder of StudySoup and Eric Posen, […].

Startup Aims AI System for Safety, with Potential for Self-Driving

Xconomy

Over the past 25 years or so, San Diego has become a hub for innovation in telematics, and in providing technologies and services that enable long-haul trucking companies and other fleet operators to monitor the location and operation of their vehicles. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Famous Birthdays In Growth Mode

socalTECH

Los Angeles-based Famous Birthdays , which operates an online service which lets you look up the birthdays of famous people, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office. READ MORE>>.

TechFair LA

SoCal Tech Calendar

Thursday, January 26, 2017 -- LA Tech Job Fair. Please join the Office of Los Angeles Mayor Eric Garcetti and the City's Entrepreneur in Residence Jason Nazar, for one of the City's largest Technology Job Fairs taking place on Thursday, January 26th from 11-8pm at The Reef in Downtown Los Angeles.

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SPACES Gest $6.5M For Virtual Reality Theme Park Efforts

socalTECH

Playa Vista-based SPACES , a developer of virtual reality technology aimed at the theme park industry, announced last week that it has raised $6.5M in additional seed funding. The funding was led by Chinese theme park operator Songcheng Performance Development, and also included Comcast Ventures, along with Boost VC, Colopl VR fund, GREE Inc.,

Digital Marketing Bootcamp

SoCal Tech Calendar

Thursday, January 26, 2017 -- Digital Marketing Bootcamp. SIIA and TCOSC is kicking off its Boot Camp Series in Irvine, CA. The one-day boot camp, will discuss the absolute essentials of digital marketing and effective strategies for growth. Sessions will focus on data, technology, social media, email and content marketing. See [link] (more

Silicon Beach Report Jan. 20: Snap Inc. Justifies $20 Billion Valuation with User Engagement

L.A. Business Journal

Snap Inc. justifies $20 billion valuation with user engagement, DirecTV Now claims more than 200,000 subscribers in first month, and Warner Bros. to run first Snapchat puzzle lens ad

GumGum Names Sports Division Head

socalTECH

Santa Monica-based GumGum , which is developing computer vision software applied to online advertising and media, said today that it has named Ryan Mosher as its new Executive Director of GumGum Sports. GumGum Sports focuses on sports sponsorships with brands. Mosher will be based in Chicago. READ MORE>>.

StockTwits Acquires Mobile App SparkFin to Add Fintech Services

Xconomy

StockTwits, the Twitter-like social media platform for sharing stock market tips and ideas, has acquired San Diego’s SparkFin, a fintech mobile app for discovering and sharing stocks and other investment ideas. Financial terms of the deal were not disclosed. Lindzon led StockTwits as CEO until last year, and continues as chairman.

Bio Roundup: Tom Price, Patient Conflicts, Orphan Games & More

Xconomy

The new president of the United States, Donald Trump, is being sworn in today amid a storm of questions about the plans that he, and those who might work for him, have in store for American healthcare and medicine. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Silicon Beach Report Jan. 18: Hulu to Allow Users to Download Shows to Their Phones

L.A. Business Journal

Hulu to allow users to download shows to their phones, Hyperloop Transportation Technologies eyes European network, and TeamDom raises $1 million to sell advertisements from influencers

Want to Ruin Your Relationships? Ask Family and Friends To Fund Your Startup

Xconomy

When you need cash to fuel your startup, it’s tempting to “think local.” You’d probably turn first to them for financial support.

Hyperloop One Names New CFO, Aims At New Funding Round

socalTECH

Los Angeles-based HyperLoop One , the advanced transportation technology developer led by Rob Lloyd, has named Brent Callinicos as its new Chief Operating Officer and Chief Financial Officer, the company said Thursday. Callinicos has been serving as a strategic advisor to the company since October. READ MORE>>.

Silicon Beach Report Jan. 19: Two Bit Circus Raises $15M to Launch Amusement Park

L.A. Business Journal

Two Bit Circus raises $15 million to launch amusement park, Nasdaq and New York Stock Exchange fight to host Snap Inc.’s IPO, and Hyperloop One hires former Uber, Google executive as CFO, and more

Numecent Swaps CEO

socalTECH

Irvine-based cloud application delivery technology developer Numecent has swapped CEOs, saying on Tuesday that it has appointed co-founder and Chief Technology Officer Arthur Hitomi to the position of President and CEO of the company. Hitomi replaces Tom Lagatta. Numecent's technology is used to turn Windows applications into cloud software.

j2 Global Buys Six More Companies

socalTECH

Los Angeles-based j2 Global , which is by far Southern California's most active acquirer of technology companies, announced this morning that it has acquired six more companies. j2 Global said it acquired Fonebox , Everyday Health , CudaMail , Unified eMail , Abaxio , and GreenFax , all during Q4 of 2016. READ MORE>>.

Silicon Beach Report Jan. 17: Mitú to Create Latino Content for MLB

L.A. Business Journal

Mitú to create Latino content for MLB, Snap Inc. secrecy culture may clash with the requirements of a public company, and Seinfeld’s “Comedian’s in Cars” leaving Crackle for Netflix

Business Leaders Talk Trump’s Impact on Visas, Drug Pricing, Insurance

Xconomy

Perhaps you’ve heard about the inauguration of one Donald J. Trump. Nelsen is based in Seattle). Bob Nelsen Nelsen : Biggest fear is accidental.

Cubic Names New Board Member

socalTECH

San Diego-based Cubic Corporation , a systems integrator in the transportation, defense, training, and other sectors, said on Thursday that it has nominated Maureen Breakiron-Evans for its board of directors. Breakiron-Evans is the former CFO of Towers Perrin, and also was VP and General Auditor of CIGNA Corporation. READ MORE>>.

Tribute To Caltech's Larry Gilbert, Founder of Tech Transfer Office

socalTECH

Larry Gilbert , the founder of the technology transfer program at Caltech , passed away in November in Florida, Caltech said this week, with a tribute to Gilbert's efforts at the school. Gilbert was the "founding father of technology transfer" at Caltech, according to the school, forming the Office of Technology Transfer in 1995. READ MORE>>.

Exactly Me Looks To Connect You With People Exactly Like Yourself

socalTECH

Los Angeles-based Exactly.me , a new, photo-driven messaging startup, has launched an app which looks to connect people who meet people who are "exactly like you"--or at least, who are very like-minded. The app is currently available for iOS. READ MORE>>. exactlyme exactly goss askjeeves recommendation social startup mobile networking

Qualcomm-backed Zoom Video Communications Gets $100M From Sequoia

socalTECH

Zoom Video Communications , a provider of cloud-based video conferencing and online meeting software which is backed by San Diego-based Qualcomm , has has raised $100M in a Series D funding. Qualcomm Ventures was the first non-angel investor in Zoom Video back in 2013. READ MORE>>.

Triton Digital Wins NRG Media

socalTECH

Los Angeles-based audio advertising technology developer Triton Digital announced this morning that it has been selected by radio station owner NRG Media. Financial impact of the win was not announced. The software will be used for creating, managing, and syndicating content, and also running contests, surveys, and email marketing efforts.

Esri Adds Indoor Mapping Support For Retail Analytics

socalTECH

Redlands-based GIS software developer Esri says it has tied with another software developer, GISinc, in a move to provide indoor mapping of customers for retailers. The deal pulls data such as customer locations inside a store and items that those customers are selecting for purchase, into Esri's ArcGIS software. READ MORE>>.

SPACES Gets $6.5M For Virtual Reality Theme Park Efforts

socalTECH

Playa Vista-based SPACES , a developer of virtual reality technology aimed at the theme park industry, announced last week that it has raised $6.5M in additional seed funding. The funding was led by Chinese theme park operator Songcheng Performance Development, and also included Comcast Ventures, along with Boost VC, Colopl VR fund, GREE Inc.,

CTO 3

Dems Grill HHS Nominee Price About Trump Comments, Stock Holdings

Xconomy

[Note: This report was co-authored by deputy biotech editor Ben Fidler.] Tom Price, the man who could oversee an overhaul of the U.S. With the.

Mitú to Create Latino Content for MLB

L.A. Business Journal

Latino media company mitú has signed a content deal with Major League Baseball to promote baseball to young Latino audiences

Wilcon Plans to Wire Downtown Los Angeles to Aid Increased Cell Demand

L.A. Business Journal

To serve growing bandwidth demand from wireless phone companies, telecommunications firm Wilcon announced plans to expand and then connect its fiber-optic network to hundreds of small cellular sites in downtown Los Angeles

Video Trends Point to Changing Ways Companies Reach Consumers

Xconomy

The way people digest information online has shifted over time from being text based to photo based to now being very video based.

Cytori Buys San Antonio-based Azaya’s Drug Delivery Tech for Stock

Xconomy

San Antonio — Cytori Therapeutics, a San Diego, CA-based developer of drugs that use patients’ own fat tissues to make cellular therapies, is buying the assets of San Antonio-based Azaya Therapeutics in a mostly stock deal, with potential future payments that are dependent on the progress of two drug candidates Cytori is acquiring.

Qualcomm Sued For $1 Billion By Apple

socalTECH

San Diego-based Qualcomm is being sued by Apple in a $1 billion lawsuit, alleging that Qualcomm has been charging the company unfair royalties. READ MORE>>. qualcomm apple unfair royalties lawsuit legal

Qualcomm Calls Apple Suit 'Baseless'

socalTECH

San Diego-based Qualcomm responded late Friday to the $1 billion lawsuit by Apple , calling Apple's claims "baseless" and saying that Apple has "intentionally mischaracterized our agreements and negotiations". Qualcomm, in its tersely worded statement, also said it would "welcome the opportunity to have these meritless claims heard in court".

Skyworks Sees Better Than Expected Quarterly Results

socalTECH

Irvine-based Skyworks Solutions , which develops analog semiconductors for the wireless and other markets, said late Thursday that it has seen better than expected, Q1 FY17 results. The publicly traded semiconductor maker said it saw revenues for the first quarter of $914.3M, versus an earlier expected estimate of $902.7M. Revenues were up 9.4