socalTECH

JANUARY 11, 2017

In the startup world, one of the most difficult journeys to market is by companies who are taking basic scientific advances and technologies originally developed at universities, and taking them all the way to use in the commercial world. One of the companies on that journey is Los Angeles-based Carbonics (www.carbonics.com), which is taking technology developed in the labs of USC and UCLA, and bringing it to use in the wireless semiconductor market.

Startup 131

Startup Southern California UCLA Incubator 131

L.A. Business Journal

JANUARY 11, 2017

SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite.

SpaceX 100

SpaceX Social Media Report Media 100

socalTECH

JANUARY 11, 2017

TP-Link , which develops wireless networking equipment, hardware for the smart home market, and more, said it has moved its headquarters to Brea, California. The company, which previously was based in San Dimas, said its new headquarters in Brea has more than 26,350 square feet, and will house more than 75 employees in sales, marketing, and product management.

San Dimas 122

San Dimas Los Angeles Sales Networking 122

Xconomy

JANUARY 11, 2017

Oh, the power of a Donald Trump sound bite. On the campaign trail and as president-elect he has made occasional noises about drug pricing—giving the U.S. Medicare system, the largest buyer of drugs in the world, the right to negotiate prices, for instance. This morning, in his first press conference, Trump went further. He said drug companies are “getting away with murder” because of the prices they charge.

Company 66

Company Companies Pricing Press 66

Advertiser: Aggregage

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.

Company

socalTECH

JANUARY 11, 2017

San Diego- and Redwood City-based online crowdfunding site GoFundMe has acquired CrowdRise , the developer of an online fundraising platform for charities and non-profits. Financial details of the acquisition were not disclosed. CrowdRise was based in Detroit. According to the companies, going forwad, CrowdRise will focus on fundraising for charity and fundraising for individuals will be directed to GoFundMe instead.

San Diego 109

San Diego Acquisition Platform Sites 109

Xconomy

JANUARY 11, 2017

Correlation Ventures, a co-investing venture firm that uses analytic software to optimize its decisions, said today it has raised $200 million for its oversubscribed second fund. The firm, which has offices in San Diego, Palo Alto, and New York, said it now has $366 million in assets under management. Investors in the fund include college endowment funds, pensions, funds of funds, and family offices, according to a statement from the firm.

San Diego 63

San Diego Funding Invest Software 63

Xconomy

JANUARY 11, 2017

GoFundMe, the Redwood City, CA-based fund-raising platform for charities and nonprofits, has acquired CrowdRise , a Detroit, MI-based rival founded by entrepreneurs Robert Wolfe and Jeffrey Wolfe, and Hollywood philanthropists Edward Norton and Shauna Robertson. Financial terms were not disclosed in a statement issued Tuesday by GoFundMe. Brad Damphousse and Andy Ballester founded GoFundMe in San Diego in 2010.

Funding 58

Funding San Diego Hollywood Platform 58

socalTECH

JANUARY 11, 2017

San Diego-based Qualcomm Incorporated said on Tuesday that it has named Larry Paulson as Vice President, and President of Qualcomm India. Paulson has been at Qualcomm since 2013, most recently heading up the company's QCT Platform organization. Paulson also has served at BrightPoint and Nokia. READ MORE>>.

San Diego 109

San Diego Organization Platform Company 109

Startup Professionals Musings

JANUARY 11, 2017

We have all had to work with annoying team members in business. If you are not their manager, it’s tempting to just walk away, tune them out, or react sharply, but these reactions are not appropriate for managers, and are equally ineffective for peers and team mates. Remember that annoying doesn’t mean non-productive – these may be top performers, with critical business skills.

Satisfaction 58

Satisfaction Startup Product News 58

socalTECH

JANUARY 11, 2017

San Diego-based AnaptysBio , which is developing antibodies to treat inflammation, has named a new CFO. AnaptysBio announced this morning that it has appointed Dominic Piscitelli as its new Chief Financial Officer, to head up finance strategy and oversee accounting and SEC reporting. Piscitelli previously was at Medivation, and was part of that firm's acquisition by Pfizer; he also served at Astellas Pharmaceuticals and OSI Pharmaceuticals.

San Diego 109

San Diego Acquisition Report Develop 109

Xconomy

JANUARY 11, 2017

While we’re looking at venture deal numbers from the past year , let’s consider the education technology industry, which isn’t broken out by sector in the general reports I’ve seen. A recent study by EdSurge , an edtech information firm, shows venture funding for U.S. education tech companies totaled $1.03 billion (across 138 deals) in 2016.

Funding 51

Funding Education Venture Capital Study 51

socalTECH

JANUARY 11, 2017

San Diego-based Inseego Corp. --most recently, Novatel Wireless--said late Tuesday that its stockholders have approved the sale of its MiFi mobile broadband business to T.C.L. Industries Holdings (H.K.) Limited and Jade Ocean Global Limited.The deal is worth $50M in cash. Novatel had announced the sale of the business in September, and said it would rename the rest of the company Inseego Corp.

Sales 109

Sales San Diego Mobile Services 109

Xconomy

JANUARY 11, 2017

The first test of pharmaceutical giant Allergan’s promise to behave responsibly came last week. The firm acknowledged price hikes on several drugs that stayed—sometimes barely—under the 10 percent limit that CEO Brent Saunders pledged last September, in what he called a “ social contract with patients.” In an interview at the annual J.P.

Pricing 48

Pricing .Net Conference Invest 48

Xconomy

JANUARY 11, 2017

A group of more than 100 prominent life sciences executives, investors, and business leaders have signed an open letter calling on the industry to step up efforts to increase gender diversity. The letter was published Wednesday , on the second to last day of the annual J.P. Morgan healthcare conference in San Francisco (see full letter below). One of the events sparking the industry’s current discussion about its lack of gender diversity was an infamous cocktail party held during last year’s J.P

Conference 43

Conference San Diego Blogging 43