Thu.Jul 28, 2016

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cloudvirga Finds $7.5M For Mortgage Automation

socalTECH

Irvine-based cloudvirga , a startup developing mortgage automation tools, announced Thursday that it has raised $7.5M in a Series A funding. The funding was led by Dallas Capital, and also included Upfront Ventures and Tribeca Angels. The startup, led by Bill Dallas, says it digitizes many of the steps needed to close mortgage loans. The startup's founders as Bill Dallas, Kyle Kamrooz, and Mark Attaway.

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SDVG Summer Social 2016

SoCal Tech Calendar

Wednesday, August 3, 2016 -- SDVG Summer Social 2016. Join the party to end the summer with 400+ of your SDVG friends! Spend an afternoon at the beautiful Scripps Seaside Forum and join SDVG for our Summer Social Beer Bash! Sample some of San Diego's best craft brews, along with plenty of great food, wine, spirits, live band, and La Jolla sunset.

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Verdezyne Names New CFO

socalTECH

Carlsbad-based synthetic chemistry technology developer ,a href="[link] said this week that it has named David Kelsey as its new Chief Financial Officer. Kelsey was previously CFO of Elevance Renewable Sciences, and also served at Sealed Air, General Electric, and GE Capital. He also serves on the board of Granite Construction. Verdezyne is venture backed by BP Ventures, DSM Venturing B.V., OVP Venture Partners, Monitor Ventures, and Sime Darby.

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At Big Hemophilia Meeting, More Data, and Promise, For Gene Therapy

Xconomy

This week’s World Federation of Hemophilia World Congress in Orlando, FL, where researchers gathered to present the latest updates in treatments for the chronic bleeding disorder, marked the latest step in a journey that dates back more than two decades for one particular treatment: gene therapy. Gene therapy provides the potential of a long-term treatment for hemophilia patients, who have damaged or absent copies of the genes for so-called clotting factors and so rely on frequent infusion

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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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Ixia Expands Distribution Channel

socalTECH

Calabasas-based network testing equipment and software developer Ixia says it has reached a new distribution deal, with Arrow Electronics , to distribute its line of products in North America. According to Ixia, Arrow will distribute its full portfolio of solutions in North America. Arrow is one of the largest global electronic distributors, with 18,500 employees, and representing more than 100,000 OEMs and others.

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Is management by walking around an outmoded fad?

Berkonomics

One of the CEOs I coach starts his day by walking the floor of his extended facility and checking in with managers and employees of the various departments, especially the call center. He tries to feel the pulse of the company by the intensity of motion, the metrics of backlog, and the stated problems brought to him as he asks. Is he a relic of bygone times, when employees worked in a single facility, managed directly by people who could see and speak to them in person?

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Upfront's Suster Backs Density

socalTECH

Mark Suster of Upfront Ventures is the lead investor in a new startup, developing hardware devices to count people and track their movement in a room. According to Suster, he led a $4M funding round in Density , a developer of devices which use computer vision to help count the number of people in room or passing through a doorway. The funding round also included Jason Calacanis and Jonathan Triest of Ludlow Ventures.

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SmartDrive Systems Claims Record Growth

socalTECH

San Diego-based SmartDrive Systems , which develops video-based, driver monitoring systems, announced today that it had record growth in its second quarter and first half of 2016. The company did not disclose any financials, but said it saw nearly 200% growth in the first half of the year compared to the same period in 2015. The company said such new customers as the Los Angeles County Metropolitan Transportation Authority, and the Administrative Services Cooperative (Yellow Cab) taxi group have

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