socalTECH
AUGUST 10, 2016
In what looks to be an unprecedented surge in high profile, high value exits for high tech companies in Southern California, there have now been six big exits in the region over the last month worth over $100M. Those exits--worth more than a collected $3.8 billion--include the recent sales of Vizio , Dollar Shave Club , Nervana Systems , TouchCommerce , and Orbitera , and Aurrion.
SoCal Tech Calendar
AUGUST 10, 2016
Tuesday, August 16, 2016 -- LAVA Venture Panel and LAVA Annual Meeting. Join us at MAGICOPOLIS for a fun evening of Capital Networking with VC and Angel Investors, LAVA Members and LAVA Board Members. LAVA kicks off the the summer by hosting it Annual Membership Meeting , conducts Director elections and will feature its Annual Venture Capital Panel.
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socalTECH
AUGUST 10, 2016
Are you one of those folks who wished they could live on coffee alone, and nothing else? Los Angeles-based food startup Soylent has rolled out a brand new product, Coffiest , which pretty much lets you do just that. According to Soylent, its new Coffiest is a "balanced breakfast and your morning coffee" all in a convenient bottle. Soylent says that the product--available on subscription for just over $37 a month--includes 400 calories of plant-based nutrition, and the same caffeine as a strong c
L.A. Business Journal
AUGUST 10, 2016
Soylent launches coffee drink, XPrize launches artificial intelligence contest, and Edmunds.com launches new Facebook and Instagram ad product.
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
AUGUST 10, 2016
San Diego-based Ingenu , a developer of machine-to-machine (M2M) communications technology, says it has rolled out its M2M network in Phoenix, Arizona. The company says its network covers more than 1,850 square miles, and is aimed at hosting smart energy, agriculture, and other sustainability applications. The company says its technology uses what it calls RPMA (Random Phase Multiple Access) communication, which it says enables it to cover all of Phoenix with only 10 access points--far less than
Xconomy
AUGUST 10, 2016
On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out. In a 2013 panel discussion at Silicon Valley’s Churchill Club, the DFJ partner said “machine learning” was his pick as the most important tech trend to watch for the next three to five years.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Startup Professionals Musings
AUGUST 10, 2016
Entrepreneurs seem to have blinders on when looking at competitors. Generally they are so focused on killing competitors that they fail to see the positive potential of a strategic partnership or some other type of collaborative relationship. Sometimes you have to put aside the emotion and the passion, and just look at what is best for your business.
socalTECH
AUGUST 10, 2016
San Diego-based Nervana Systems , a developer of artificial intelligence and "deep learning" technology, has been acquired by Intel , in a deal that is reportedly worth $350M. Nervana, which is led by Naveen Rao, was backed by DFJ, Data Collective,Playground Global, CME Ventures, Lux Capital, Allen & Co, AME Cloud Ventures, Fuel Capital, Omidyar Technology Ventures, SV Angel, and others.
socalTECH
AUGUST 10, 2016
Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Williams also has served at Preventsys, where he was Chief Technology Officer and co-founder. Loot Crate offers up a subscription box service which delivers boxes full of items of interest to what the company calls "geeks and gamers"; the company
socalTECH
AUGUST 10, 2016
San Diego-based Illumina announced this morning that it has partnered with FlowJo , in a deal to develop and co-market software aimed at single cell genomics. Financial details of the agreement were not disclosed. The two said that FlowJo will develop a new software application, to provide additional secondary and tertiary analysis and visualization of datasets, all integrated with Illumina's Single Cell RNA BaseSpace app.
socalTECH
AUGUST 10, 2016
Lake Forest-based ReVision Optics , which is developing implantable corneal inlays for vision correction, has named Nick J. Manesis, PhD, as its VP of R&D. Manesis has previously served at Allergan and CooperVision, and was most recently VP at Solaris Technology Group. Manesis has also served at Hewlett-Packard Company, Pilkington Barnes Hind (PBH) and Allergan Medical Optics (AMO).
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