Fri.May 22, 2015

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Core Innovation Capital Backs Ripple Labs

socalTECH

Los Angeles-based fintech venture investor Core Innovation Capital has made another investment, this time in San Francisco-based payment technology developer Ripple Labs. Ripple announced the investment earlier this week, saying it had raised $28M for its real time payments technology for the finance and banking industry. Investors in the round included Los Angeles-based Core Innovation, along with IDG Capital partners, CME Group, and Seagate, AME Cloud Ventures, ChinaRock Capital Management, Ch

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Internet of Things (IoT) – What’s Next in Automotive?

Tech Zulu Event

Do you remember movies about the future where everything is controlled by machines? Look back at the Skynet computer from The Terminator, V.I.K.I from I, Robot or Alice from Resident Evil. Seems terrifying, right? In each movie, the computer evolves and takes control of everything. But don’t you find this story rather similar to what we are witnessing now?

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DIRECTV Launches Streaming TV App For Kids

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El Segundo-based satellite television service DIRECTV has launched a new, iOS application which lets kids view its content for free on their iOS device--as long as families are already subscribers to the service. According to DIRECTV, its new DIRECTV Kids App runs on the Apple iPhone and iPad, and lets children stream hundreds of children's shows and kid-friendly movies anytime, at no extra charge.

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How To Stay Fully Charged As A New Entrepreneur

Startup Professionals Musings

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. As a result, burnout and loss of passion are consistently listed among the top causes of startup failure, according to many studies. The challenge is find ways to continually recharge along the way.

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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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Companion Medical Raises $3M For Bluetooth-Enabled Insulin Delivery System

socalTECH

San Diego-based Companion Medical , a developer of a Bluetooth- and smartphone app-enabled insulin delivery system for diabetics, has raised $3M in a Series B funding, the company said this week. The funding came from Eli Lilly & Company. Companion Medical, which is led by Sean Saint, develops an "insulin pen" which is Bluetooth enabled, and connects to a smartphone app, to deliver insulin to patients when needed.

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Demand Media Shuffles Execs

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Santa Monica-based Demand Media has had another shuffle in its executive ranks, saying late Thursday that it has named Brian Pike, currently its Chief Technology Officer, to the role of Chief Operating Officer. In addition, Demand Media said that Julie Campistron, who had been Executive Vice President, Media, will step down from the company, with Scott Boecker, Executive Vice President, Marketplaces, also leaving the company.

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