socalTECH
MARCH 6, 2012
Newly launched Dollar Shave Club , the Los Angeles startup which is looking to take down expensive razor blade industry, might have a lot of what the hottest startups have: backing from VCs such as Kleiner Perkins, Forerunner Ventures, Andreesen Horowitz, Shasta Ventures, and Felicis Ventures, plus the assistance of former MySpace CEO Mike Jones and his firm Science Inc.
Startup Professionals Musings
MARCH 6, 2012
For those of you who want to get in on the ground floor of a new venture, but haven’t yet worked up the nerve to start your own, begin with a job at a startup. But first you should ask yourself if you are prepared for the realities. Working for a startup is not a career choice, but more of a lifestyle. The long-term opportunities may be large, but near-term paychecks will be small, compared to large companies in the same industry.
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socalTECH
MARCH 6, 2012
Michael Dubin has just one goal with his new startup: to totally disrupt the razor blade industry. Los Angeles-based Dollar Shave Club said this morning that it has raised $1M in a funding round, led by Kleiner Perkins and Forerunner Ventures, and also including Andreesen Horowitz, Shasta Ventures, and Felicis Ventures, along with angels Shevin Pishevar, Dennis Phelps, and David Hornig.
socalTECH
MARCH 6, 2012
Los Angeles-based MyLife , the online social networking search site run by Jeff Tinsley, reported Monday that it is planning to spend $35M on marketing this year, starting with a nationwide television campaign. The firm, which has been pushing a new offering to help people find and connect with friends, family, and work contacts across multiple social networks, said the spending will go to promote its new Personal Relationship Manager and search services.
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
MARCH 6, 2012
Newport Beach-based SignNow , a developer of iPad applications which allows users to legally sign documents from the Apple device, said today that it has raised $2M in a Series A funding round. The round was led by Khosla Ventures. SignNow is headed by Chris Hawkes. The company said that Sean Ellis, who was involved in marketing for Dropbox, Eventbrite, Xobni, LogMeIn, and other companies, has joined the firm's board with the funding.
socalTECH
MARCH 6, 2012
The LAUNCH Conference , the technology startup launch conference organized by Mahalo CEO Jason Calacanis, has just surpassed $1 million in prizes, Calacanis said Tuesday afternoon. The conference--which has been stacking up prizes all month--said that angel investor and entrepreneur Bill Lee has committed to invest $100,000 as part of the conference, bringing the total prizes to $1,039,000 in prizes and investments for companies presenting at the event.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MARCH 6, 2012
San Diego-based life sciences investor Domain Associates has inked a unique lifeline for the later stage life sciences companies its its portfolio: it's brokered a deal worth more than $760M, to help fund its portfolio firms from the Russian government. According to Domain and Russian, government-backed venture capital firm RUSNANO , the two have inked a partnership where they will jointly invest in emerging life sciences technology companies, foster transfer of technology into Russia, and estab
socalTECH
MARCH 6, 2012
El Segundo-based Fetch Technologies , the developer of data aggregation and analysis software which was a spinout of USC's Information Sciences Institute, has been sold to New Jersey-based Connotate. According to Connotate, former Fetch CEO Ryan Mullholland becomes President of the firm with the acquisition. Financial terms of the acquisition were not disclosed.
socalTECH
MARCH 6, 2012
Irvine-based Western Digital announced today that it is shipping a third generation of 2.5 inch, SAS (Serial Attached SCSI) hard drives. The new hard drives are aimed at the enterprise server and storage market, and offer up 10,000 RPM performance and a 6 Gb/s SAS interface, and capacities of 300 GB, 450 GB, 600 GB, and 900 GB. WD said the new hard drives are aimed at use in multi-tiered network storage arrays, and applications like online transaction processing.
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