Tue.Oct 11, 2016

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Venture Capital is About Human Capital

Both Sides of the Table

Gregg Johnson, CEO of Invoca For the first 5 years or so after I became a VC I didn’t talk much about what I thought a VC should be excellent at since frankly I wasn’t sure. I was mostly doing my job and trying to figure out how to be better every day. After a decade on the job I’ve started to speak more openly when newer industry colleagues now ask me what I’ve learned.

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FameBit Acquired By Google

socalTECH

Los Angeles-based FameBit , the online marketplace which helps brands connect with YouTube influencers, has been acquired by Google , the company's backer--Science--announced on Tuesday afternoon. Financial terms of the acquisition were not announced. Famebit-- founded by David Kierzkowski and Agnes Kozera--first received funding from Science in 2014.

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Famebit Acquired by Google

L.A. Business Journal

Multichannel media network Famebit has been acquired by Google for an undisclosed amount.

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TomTom Adds Live Traffic In Los Angeles

socalTECH

Navigation device developer TomTom is continuing its efforts to fight back against such free navigation apps as Google Maps and Waze, with new real-time traffic and travel information in Los Angeles , as well as a host of other cities. According to TomTom, it added seven new U.S. cities, including Los Angeles, which shows current average speeds, snapshots of road information, accidents, and more.

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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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TCOSC Special Networking Event

SoCal Tech Calendar

Monday, October 17, 2016 -- TCOSC Special Networking Event. Senior executives representing technology, media and e-commerce firms in Southern California will gather together to officially re-launch the TechCouncil of Southern California (TCOSC) as a chapter of SIIA’s Software and Services Division (SSD) of SIIA (The Software and Information Industry Association).

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Arivale Brings Gene Sequencing Driven Wellness To Los Angeles

socalTECH

Arivale , a health and wellness startup founded by genetic sequencing pioneer Dr. Leroy Hood, has launched itself into the Los Angeles market, as its first expansion beyond its home market of Seattle. The startup combines whole genome sequencing and other diagnostic tests, along with data analysis software, and provides counselor-driven, health coaching services aimed at long-term health and wellness of its clients.

More Trending

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Interview with Steve Seigel, Hatched

socalTECH

What's the difference between pitching your startup on television, versus pitching your startup in real life? And how do you best take advantage of a TV audience to promote your startup? We caught up with Steve Seigel , the executive producer and one of the stars of the new startup pitch program Hatched (www.hatchedtv.com), to learn more about those areas, as well as how he ended up going from investment banking, to running a healthcare startup here in LA, to hosting a television pitch show.

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Caltech Entrepreneurs Forum - Big Data

SoCal Tech Calendar

Saturday, October 15, 2016 -- Caltech Entrepreneurs Forum - Big Data. Big Data has exploded and engulfed us all and has led to a technology andbusiness revolution. Our speakers will share their views on the opportunities and challenges science and entrepreneurs face in building Big Data ventures, and give a clearer view of what’s coming our way. Keynote Speaker: Gil Elbaz, Founder and CEO of Factual Inc; Co-Founder of Applied Semantics Confirmed speakers: Professor George Djorgovski, Director, t

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j2 Global Acquires Four More Companies

socalTECH

Los Angeles-based Internet services and online publishing giant j2 Global says it has acquired four more companies, all completed in the third quarter of 2016. According to j2 Global, it has acquired FrontSafe , a backup provider in Denmark; MaxEmail , a fax provider here in the US; DataProtect , a backup provider in Ireland, and Dakota Backup , backup provider here in the US.

Company 138
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Collaboration of Brilliant Entrepreneurs Premiere Program Launch for Startups and Established Ventures

SoCal Tech Calendar

Friday, October 14, 2016 -- Collaboration of Brilliant Entrepreneurs Premiere Program Launch for Startups and Established Ventures. Create, Innovate and Elevate. The COBE quarterly experience is offered to committed entrepreneurs in a peer collaboration environment to make significant growth transformations personally and professionally. Avoid burnout, change the work-harder mindset, learn how to delegate, improve inner personal skills and increase self-awareness and emotional intelligence throu

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Invoca Sets New CEO From Salesforce

socalTECH

Santa Barbara-based Invoca , which develops call intelligence software used to match affiliate marketers with phone leads and automate call marketing, has named Gregg Johnson as CEO. Johnson was previously head of Salesforce Marketing CLoud's social marketing product line, and also worked on Salesforce Chatter. He also has served at Boston Consulting Group, among with other companies.

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Silicon Beach Report Oct. 11: Snapchat Courting Hollywood Producers

L.A. Business Journal

Snapchat courting Hollywood producers, SpaceX expects to launch again by the end of the year, and FameBit acquired by Google.

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SmartDrive Wins Freight Hauling Firm Heyl Truck Lines

socalTECH

San Diego-based driver safety system developer SmartDrive Systems says it has scored another fleet win with freight hauler Heyl Truck Lines. Financial details of the win were not announced. SmartDrive said its systems will be deployed fleet-wide at the family owned international freight hauler. Heyl has 300 company trucks. SmartDrive develops video-based driver safety systems, which monitor both the cab and the road in trucks, and which are combined with sensors, to help improve driver safety an

San Diego 135
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San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. VC firms invested $280.6 million in 49 startups in San Diego County during the third quarter, according to a breakout of data provided by PitchBook as part of the inaugural “Venture Monitor” report.

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Western Digital Rolls Out First Branded Solid State Drives

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Irvine-based Western Digital has rolled out its very first, WD-branded solid state disk drives (SSDs), the company announced this morning. Western Digital said its new WD Blue and WD Green solid state drives are aimed at the PC and workstation market. The WD Blue offers capacities of 250GB, 500GB, and 1TB, and are performance driven, with 545MB/s and 525MB/s sequential read and write speeds.

Writing 135
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How Doctors Think About Drug Prices

Xconomy

There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient. The three letters “PBM,” for example (pharmacy benefit manager), have never crossed my mind when I’m writing a prescription. Nor has the word “rebate.” Or the phrase “pay for delay.” Or “marketing exclusivity.”. Basically, I only care about two things: (1) Is there a good drug available to treat my patient’s condition, and (2) Can my patient afford that drug.

Pricing 76
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Greenwave Systems Nears $100M in Revenues, 280 Employees

socalTECH

Irvine-based Greenwave Systems , the developer of Internet-of-Things (IoT) software led by Martin Manniche, says today that it is on track to reach a $100M run rate in 2017, and now has 280 employees. The company is backed by EDBI, Singapore Technologies Telemedia, The Westly Group and E.ON. and recently raised $60M in funding. The company also just acquired Predixion Software.

Software 131
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Checkpoints In Lung Cancer, and Other Oncology News From Europe

Xconomy

The European Society for Medical Oncology’s annual conference wraps up in Copenhagen today. We’ve seen updates on heavyweight immunotherapy programs, potential options for patients with advanced breast cancer, and more. Here’s a quick roundup of the major news. LUNG CHECKS. ESMO provided more evidence that the treatment of lung cancer is changing fast.

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HomeMe Gets $3.2M For Rental Screening App

socalTECH

Los Angeles-based rental screening app developer HomeMe dislosed this morning that it has raised $3.2M in a funding round. The funding was led by Menlo Ventures. HomeMe develops a mobile app which lets renters find apartments, and then get pre-approval for those apartments. The company is led by Steelhouse founder Mark Douglas. The company has initially been launching its app in Texas.

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New Service Makes Using Coworking Spaces Easier, More Flexible In LA

socalTECH

BLANKSPACES? Cross Campus? Next Space? Which coworking space to set up shop in for the day? Now you don't have to make that choice, with the expansion of a program, called Deskpass.com , into Los Angeles. The program lets would-be co-workers buy a monthly pass to any of a number of local coworking spaces, where they are free to go and work in, for as many as five visits per month per location, without having to commit to a monthly plan at that individual coworking space.

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