InfoChachkie

SEPTEMBER 14, 2015

A version of this article previously appeared in Forbes. In the 1998 movie The Big Lebowski, Jeff Bridges’ character, The Dude, laments the destruction of his favorite rug by repeatedly stating, “That rug really tied the room together.” In homage to The Dude’s sentiment, tech startup Akanda Virtual Networking named its open source project The Rug because it “ties together” OpenStack networks by managing orchestration, routing and other key network services.

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socalTECH

SEPTEMBER 14, 2015

Outdoorsy , an online marketplace which lets people rent RVs, motorhomes, and trailers, is tackling the Los Angeles market, and is taking on the Los Angeles market with a big promo push starting today. The startup said it will be offering up a free tailgate at the USC vs. Stanford game next weekend on Saturday, in an Airstream trailer provided by the company, via a promotion to be launched today sometime.

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Eric Greenspan

SEPTEMBER 14, 2015

I often hear about balance, recharging, relaxing, and rest. These are wonderful things. When you’ve achieved your goals, please, do all of these things. Until then, work your ass off, constantly, and without anymore of this nonsense talk. As we age, we get tired earlier, we sleep less, we get sore, our eyes weaken and in general, it’s just harder to get the same amount of work done as we could when we were young.

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socalTECH

SEPTEMBER 14, 2015

La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. The filing indicates that, so far, the fund has 26 investors in the first sale. General Partners listed on the new fund are Tighe Reardon, Braden Bohrman, Kevin Kinsella, Richard Levandov, and Jay Lichter.

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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

SEPTEMBER 14, 2015

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with worldwide reach for a few thousand dollars.

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socalTECH

SEPTEMBER 14, 2015

Los Angeles-based NantPharma , one of the companies that is part of Patrick Soon-Shiong's NantWorks companies, said this morning that it has entered into a license agreement with Thousand Oaks-based Amgen. NantPharma said it has acquired exclusive rights to develop and commercialize worldwide, excluding Japan, Russia and certain other Central Asian countries, AMG 337, a compound Amgen hhas been developing for cancer therapy.

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socalTECH

SEPTEMBER 14, 2015

FLIR , an Oregon manufacturer of infrared detectors and heat-detecting cameras, is expanding its operations in Goleta, and is moving into a new, 170,000 square foot space in the city, according to a report. The Pacific Coast Business Times says that FLIR has around 450 employees in Goleta, developing its thermal imaging sensors. FLIR had actually acquired the new property back in 2010 , from SARES-REGIS Group.

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socalTECH

SEPTEMBER 14, 2015

Irvine-based Broadcom announced a new navigation chip aimed at offloading the work currently done by hardware devices such as fitness bands and smartphones, the company said today. According to Broadcom, its new Global Navigation Satellite System (GNSS) chip is aimed at the Internet-of-Things (IoT), and helps figure out position, velocity, and time on chip, freeing up microcontrollers from those tasks--saving power and processing cycles for other things.

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socalTECH

SEPTEMBER 14, 2015

Hawthorne-based commercial space vehicle developer SpaceX said this morning that it has added two new orders, for a Falcon 9 and Falcon Heavy launch. Financial details of the contracts were not announced. SpaceX said the contracts cover a launch of a communications satellite for HISPASAT, on a Falcon 9, and a launch of the Saudi Arabian Arabsat 6A communications satellite on the Falcon Heavy.

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socalTECH

SEPTEMBER 14, 2015

San Diego-based Qualcomm announced this morning that it has acquired Capsule Technologie , a provider of medical device integration and clinical data management software. Capsule Technologie becomes part of Qualcomm Life. Qualcomm did not announced financial details of the acquisition. According to Qualcomm, Capsule Techonlogie has more than 1,930 hospital clients in 38 countries.

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socalTECH

SEPTEMBER 14, 2015

Google aid over the weekend that it has hired on John Krafcik , most recently President of Santa Monica-based TrueCar , as CEO of its self driving car project. Krafcik had been President of TrueCar since April of 2014. According to TrueCar, Krafcik will remain on the board of directors for TrueCar, and will exit the company on Wednesday. TrueCar said in a regulatory filing last week that Michael Guthrie, the company's Chief Financial Officer, will become Interim COO of the company starting tomor

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