Berkonomics
OCTOBER 1, 2015
Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Especially when outside investors, venture capitalists or angels have put in substantial money, and the sales price is not enough to give them a reasonable return for the time and money invested, these investors can be – in a word – greedy.
socalTECH
OCTOBER 1, 2015
General Assembly , the co-working and education startup which is extremely active in the Los Angeles area, has raised $70M in a new funding round. The funding came from Advance Publications and Wellington Capital Management, and also included the company's existing investors, IVP, Learn Capital, Maveron, Rethink Education, WTI, and others. General Assembly offers up a wide range of classes on coding, design, marketing, and more, as well as acts as a host to countless community groups, meetups, a
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Tech Zulu Event
OCTOBER 1, 2015
Startups and SMBs have been able to take advantage of the cloud, and all of the speed and flexibility it offers, long before large enterprise companies due to strict security and privacy standards, as well as regulations for major industries like banking, healthcare, and financial services. The cloud has proven itself invaluable for businesses to be agile, yet finding a secure way to access applications while protecting the corporate firewall remained a major barrier to entry for many enterprise
socalTECH
OCTOBER 1, 2015
Los Angeles-based online electronics and technology retailer Newegg is targeting video game enthusiasts this month, with a number of deals and giveaways, the company said Thursday. Newegg said it is making all of October "Gametober", and will offer up a sweepstakes, deals on various gaming systems and titles, plus it will offer up six months of free membership to its Premier Customer program to people who purchase more than $300 during the month; the company also has rolled out special financing
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.
socalTECH
OCTOBER 1, 2015
Santa Monica-based Super League Gaming , the startup which it turning playing Minecraft and other videogames into social events at local theaters, has tied with Pasadena nonprofit STEAM:CODERS , to offer up an after-school, Minecraft League to its members and local schools. According to the two, the deal will help bring excited kids into Super League Gaming theater arenas.
socalTECH
OCTOBER 1, 2015
San Diego-based Elcelyx Therapeutics , which is developing treatents for type 2 diabetes, said this morning that it has raised $40M in a Series E funding round. The funding came from new investor Sailing Capital, Clough Capital Partners, as well as existing investors Morgenthaler Ventures, Kleiner Perkins Caufield & Byers, Technology Partners, and GSM Fund LLC.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
OCTOBER 1, 2015
San Diego-based Wyldfire , which develops online dating apps, said today that it plans on launching a new, video-focused dating app it says avoids the "hook-up" culture of current dating apps. The company said its new app, Heartbeat , will launch in November, but will be different from current apps in that a "team of girls" must pre-approve guys who join the app, and that only the females on the app can initiate video chats with others.
socalTECH
OCTOBER 1, 2015
Costa Mesa-based electric auto firm Fisker Automotive and Technology Group , now under new ownership, said Wednesday that it has changed its name to Karma Automotive. According to the company, the name change is aimed at communicating the change to the company's ownership, its new management team, and its new production site in California. Karma Automotive is now owned by Chinese automotive firm Wanxiang Group, which acquired Fisker out of bankruptcy in 2014.
socalTECH
OCTOBER 1, 2015
San Diego-based Renovate America has raised $90M in an equity financing round, from Silver Lake Kraftwerk, DFJ Growth, and others, the company disclosed Thursday. The company helps arrange finacing for residential, clean energy projects, working with local governments on property assessed clean energy (PACE) financing for those projects. Renovate America has previously received funding from Valor Equity Partners.
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