Fri.Aug 05, 2016

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NantHealth Wins Deal With Large Health System

socalTECH

Culver City-based NantHealth said this week that it has signed on one of the largest health systems nationwide, Sanford Health, as a customer. According to NantHealth, Sanford Health has entered into a commercial license for its eviti, evidence-based treatment and oncology decision support platform. Financial impact of the deal was not announced. NantHealth said oncologists who use the eviti system will gain access to evidence-based regimens, condition-specific clinical trial options and the pot

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Silicon Beach Report Aug. 5: Facebook Launches Snapchat-Like Camera

L.A. Business Journal

Facebook launches Snapchat-like camera, Wave VR raises to $2.5 million, Disney Channel launches short-form movies online, and more.

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Core Innovation Capital Backs Mosaic's $220M Funding

socalTECH

Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Mosaic, which works with both owners and installers to help provide the upfront capital for residential solar installs, said the $220M equity round was led by Warburg Pincus, and also included Core Innovation Capital and Obvious Ventures.

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Ex-Hangar Lands Tech Giant

L.A. Business Journal

Google advances plans to relaunch the former Spruce Goose hangar as a massive office space.

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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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GrubMarket, With Big Operations In LA, Finds $20M For Food Marketplace

socalTECH

GrubMarket , a foood marketplace startup which has nearly half of its employees in Los Angeles, has raised $20M in funding, the company said this week. The San Francisco startup--which says it has 20 employees in LA, and 25 in San Francisco--runs an online and mobile marketplace which connects local farmers and food producers with consumers. Los Angeles is one of the company's launch markets, and the big presence here is a result of the company's acquisition of another, local grocery delivery st

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Two Bit Circus Happy Hour

SoCal Tech Calendar

Thursday, August 11, 2016 -- Two Bit Circus Happy Hour. Join the Two Bit Circus Carnies for a night of game playing, networking and community at our Midway space at the Brewery Lofts. We're pulling back the curtain and letting our friends get hands on and play Two Bit Circus games and network with our Los Angeles community.

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Tech Exec Switches Gears

L.A. Business Journal

For Will Carter there is nothing much like the mind-clearing effect of a good bike ride.

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Oblong Industries Bumps Funding Round To $50M

socalTECH

Los Angeles-based Oblong Industries , the developer of gesture recognition and immersive collaboration platforms, has bumped its latest funding round to over $50M, saying in a regulatory filing yesterday that it has now raised nearly $45M in the funding. The funding looks to be an extension over an earlier, $15M close on the same round in February. Oblong has not yet announced any details on the round.

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Online Video Producer’s Focus to Spotlight Parent

L.A. Business Journal

YouTube video channel manager Maker Studios reframes strategy as part of Disney.

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Disney Launches DisneyMix, Social Messaging For The Younger Set

socalTECH

Want to let your kids message back and forth with their friends--but a wee bit leery of the anything-goes world of Snapchat? Burbank-based Disney launched a new, mobile messaging service this week called Disney Mix , aimed at kids and families, which lets users send messages back and forth, send stickers, play games, and more using Disney characters.

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Interactive Architecture: Adaptive World Release Party & Book Signing [ LOS ANGELES ]

Tech.Co

Join for the unveiling of an exciting new addition to the field of architecture and technology: Interactive Architecture: Adaptive World, on Saturday, August 13 at 5:00 PM at the Neutra VDL house. There will be a panel discussion featuring several contributors to the book, and Q&A starting at 5:30 followed by a reception. About the Book: Recent technological developments in biology, computation, cybernetics, engineering, industrial design, materials, and robotics allow architecture to

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Inphi's Memory Interconnect Business Now Part Of Rambus

socalTECH

Rambus said late Thursday that it has completed its acquisition of all of the assets of Inphi 's Memory Interconnect Business, in a deal worth $90M in cash. The deal--originally announced in June--included product inventory, customer contracts, supply chain agreements, and intellectual property. Inphi has major operations in Westlake Village. READ MORE>>.

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Why Teenagers Make Great Entrepreneurs

Xconomy

What is the ideal age to start a company? It’s a question that often circulates in the business press and on tech blogs. Entrepreneurs and venture capitalists have weighed in from time to time and their answers tend to fall into two camps. The first group advocates for the 20s as the optimal time. That’s when you have the passion, creativity, and energy necessary for entrepreneurial innovation.

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TheWaveVR Raises $2.5M For VR Live Music Platform

socalTECH

Los Angeles- and Austin-based TheWaveVR announced this morning that it has raised $2.5M in a seed funding round, for its efforts to develop a virtual reality experience specifically for experiencing live music. The startup said the funding came from KPCB Edge, Presence Cpaital, Rothenberg Ventures, RRE Ventures, The VR Fund, Seedcamp, and angels such as Mike Fischer (Square Enix) and Joe Kraus (GV).

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Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More

Xconomy

Biogen was once again all over the biotech newswire this week. First came a positive surprise; data that could set the stage for the first-ever drug approved for spinal muscular atrophy, a rare and debilitating muscle disease. Then came the rumor mill: Companies may or may not be approaching Biogen about a sale, and Biogen may or may not be fielding offers.

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How To Embrace Disruptive Technologies And Succeed

Startup Professionals Musings

All too often as a startup investor, I hear the term “disruptive technology” from an entrepreneur, played like a trump card that should override any other potential business qualms. In fact, most investors avoid disruptive technologies as extremely risky, with long waits for a payback. They can point to the many examples of innovative technologies that have failed in the marketplace.