Thu.Oct 29, 2015

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SCE Takes Aim At Solar Users With Steep Delivery Charge

socalTECH

Think you're saving money and helping the environment by putting those solar panels on your house? Maybe not saving as much money--thanks to Southern California Edison , which told its utility users this morning that it will soon be charging a minimum of $10 in "delivery charges" to all of its customers, if they fail to spend $10 a month on electricity.

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Your business: Grow it and hold it?

Berkonomics

Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. Of course, even though that is your contract with the investors, way over half of those implied contracts never work out that way.

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Aira.IO Finds Seed Funding To Assist The Blind Using Google Glass

socalTECH

La Jolla-based Aira.IO , a developer of software tools which use Google Glass to help the blind and low-vision individuals, has raised $790,000 in a seed funding round, the company said this morning. The funding came from Lux Capital and ARCH Venture Partners,a long with futurist Ray Kurzweil and blind adventurer Erik Weihenmayor. Aira.IO develops software which runs on Google Glass, and providing additional information to blind or sight impaired individuals, including navigation hints, identify

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Smartphone Camera Sensor Uses QuantumFilm Technology For Light and Motion Capture

Tech Zulu Event

InVisage Technologies Inc. , the camera sensor company, announced the release of “Prix”, a short film shot entirely with InVisage’s Quantum Film smartphone camera sensor. The film captures a stunning level of detail despite dynamic lighting environments and shooting fast-moving subjects outdoors. This quality is made possible thanks to InVisage’s QuantumFilm, a quantum dot camera sensor technology. “Today, filmmakers of all types have access to HD-quality cameras through

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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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Interview with Brett Crosby and Brew Johnson, PeerStreet

socalTECH

Earlier this week, Manhattan Beach-based PeerStreet (www.peerstreet.com) announced the launch of its online lending marketplace for real estate, plus a $6.1M in a funding round. We sat down with Brett Crosby (who founded Urchin Software, the company which became Google Analytics) and Brew Johnson , the co-founders of the company, to learn more about the company and what it's working on.

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What Might the 2015 Holiday Season Hold for E-Commerce Retailers?

Tech Zulu Event

With the 2015 holiday shopping season now upon us, it’s “go time” for retailers across the country — an opportunity to put their carefully crafted holiday plans into action and deliver on their bottom-line expectations. That includes e-commerce retailers, which continue to claim a growing slice of overall retail sales. Last year alone, online holiday sales rose 15% over 2013 figures, including increases of 32% on Thanksgiving, 26% on Black Friday, and 17% on Cyber Monday.

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Mojix Names New CEO

socalTECH

Los Angeles-based RFID technology developer Mojix said this morning that it has named Dan Doles as its new President and CEO, replacing longtime founder and CEO Dr. Ramin Sadr. Doles was most recently Director of Connexive, which he had co-founded in 2009, and also had served as President and CEO of WhereNet, along with time at Zebra Technologies, PeopleSoft, Red Pepper Software, and Ernst & Young.

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