Both Sides of the Table

FEBRUARY 6, 2017

It was only a year ago that many in the Venture Capital industry were predicting that “winter was coming” and to be fair the author of this post was chief amongst them. Yet as we enter February 2017 the VC funding markets are booming, Snap, Inc has filed for its IPO, AppDynamics was just purchased for $3.7 billion by Cisco and the only winter that can be found is at the ski resorts following California’s epic snowy and rainy January.

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socalTECH

FEBRUARY 6, 2017

San Clemente-based ophthalmic technology developer Glaukos said this morning that it has named Joseph Gilliam as its next Chief Financial Officer and Senior Vice President of Corporate Development. Gilliam will replace current CFO Richard Harrison, who is retiring this year. Glaukos said that Gilliam will not join the company as CFO until May. Gilliam was most recently at J.P.

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L.A. Business Journal

FEBRUARY 6, 2017

BBC to show special “Plant Earth II” episodes on Snapchat, Snap’s research and development division remains top secret, and Stem’s royalty splitting service taking off.

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socalTECH

FEBRUARY 6, 2017

Irvine-based Western Digital said today that it has started pilot production on a 512 Gigabit (Gb), three-bits-per cell, 64-layer 3D NAND chip--a big push forward in 3D NAND technology. WD said it expects to put the chip into mass production in the second half of 2017. The chip is being manufactured in Yokkaichi, Japan. READ MORE>>.

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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

Startup Professionals Musings

FEBRUARY 6, 2017

New business owners are rightfully proud of the changes they bring to the market, so they readily admit that change is good. Yet these same entrepreneurs often quickly get set in their ways, and find themselves resisting changes to their own business, and begin to fear further customer change in their domain. Change is no longer seen as an opportunity, but as a big risk and cost.

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socalTECH

FEBRUARY 6, 2017

Los Angeles-based Internet advertising technology developer Social Reality announced late Friday that it has named Derek J. Ferguson to its board of directors. Ferguson has previously served at Victory Park Capital Advisors LLC, Maxim Partners, J.P. Morgan Securities, Thoma Cressey Equity Partners and Wynnchurch Capital. The company said Ferguson has over 13 years as an investor in middle market companies.

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socalTECH

FEBRUARY 6, 2017

Venice, California-based Snapchat will debut an exclusive Snapchat Show for BBC Worldwide, promoting the BBC's new "Planet Earth II" nature documentary as its launches in North America, the two said this morning. The two will feature a six-episode Snapchat Show later this month, which will feature footage from the show through Snapchat Discover. Financial details of the deal were not announced.

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socalTECH

FEBRUARY 6, 2017

Van Nuys-based Electro Rent , which provides rental and leasing of test and measurement equipment, said Friday that it has completed its acquisition of Microlease from Lloyds Development Capital. Financial details of that acquisition were not announced. Electro Rent is owned by private equity investor Platinum Equity, which bought the company in August of last year.

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socalTECH

FEBRUARY 6, 2017

Irvine-based Vizio , the manufacturer of televisions and other consumer electronics, has been ordered to pay $2.2 million to the FTC and the State of New Jersey, to settle charges that it has been collecting the viewing history of its customers without their consent. The charges had been filed by the Federal Trade Commission and the Office of the New Jersey Attorney General in 2015.

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socalTECH

FEBRUARY 6, 2017

Los Angeles-based online cloud backup provider IDrive said on Friday that it has connected its cloud-based, backup software to Amazon Web Services. The move allows customers to backup their data into Amazon's cloud services, rather than IDrive's own cloud infrastructure, according to the company, which is particularly useful for businesses located outside of the United States.

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socalTECH

FEBRUARY 6, 2017

Thousand Oaks-based Amgen announced last week that it has appointed Charles M. Holley Jr. to its board of directors. Holly said the appointment brings its board size to 15 directors, 14 of whom are independent. Holley is the former Executive Vice President and Chief Financial Officer for Wal-Mart Stores, where he had been since 1994. READ MORE>>.

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socalTECH

FEBRUARY 6, 2017

Three, Southern California technology companies-- SpaceX , Scopely , and Snap Inc. --are among more than 120 companies who have filed an "amicus brief" opposing the recent Presidential order on immigration. The three join a long list of well known tech companies--including Google, Microsoft, Netflix, and many others--who say the Trump order "inflicts significant harm on American business, innovation, and growth" and "makes it more difficult and expensive for U.S. companies to recruit, hire, and

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