Berkonomics
FEBRUARY 16, 2017
One thing a senior manager can count on is that someday, something will go right, very right. Well, after all the disappointments, pressure and outright failures, this is NEWS. So we tend to go overboard a bit. As a member of the board, I’ve received calls on weekends, at night and texts at hours I didn’t even think existed – from CEOs who couldn’t control the euphoria.
Both Sides of the Table
FEBRUARY 16, 2017
Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” I won’t speak to most of them due to time and also due to the fact that I simply am not the story and don’t want to pretend like I am.
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socalTECH
FEBRUARY 16, 2017
Los Angeles-based mobile dating app developer Tinder has acquired another, Los Angeles mobile app firm, Wheel , the companies disclosed this morning. Financial terms of the buy were not announced. Wheel's founders, Paul Boukadakis and Chris Shaheen have both joined Tinder as executives. Wheel was backed by Mark Suster and Allen DeBevoise, along with other angels.
L.A. Business Journal
FEBRUARY 16, 2017
Tinder announced on Thursday that it had acquired Wheel, a video-and-picture slide show app developer, for an undisclosed amount.
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
FEBRUARY 16, 2017
Los Angeles-based Shippabo , a developer of software used to help importers manage freight and shipping, including comparing quotes from freight forwarders, filing government paperwork, and other related functions, has raised $1.8M in a funding round. The funding, announced on Thursday, came from TenOneTen Ventures, Double M Partners, Slow Ventures, angel investor Joanne Wilson and others.
SoCal Tech Calendar
FEBRUARY 16, 2017
Wednesday, February 22, 2017 -- MAKE IT Monthly - Social Media for Emerging Brands: DIY Tips for Big Results. New digital platforms enable emerging brands and products to gain awareness quickly and drive sales. But navigating the landscape can be daunting. Join Rick Kanter, founder of LA-focused e-commerce and lifestyle site barrio.la, as he demystifies todays trends and breaks down how to plan and execute your digital strategy.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
SoCal Tech Calendar
FEBRUARY 16, 2017
Wednesday, February 22, 2017 -- AITP-LA February Tech Meetup. AITP-LA February Tech meetup You are invited to an outstanding networking event to connect with professionals in technology, content management, digital media, project and quality management. Celebrate in LA with our many community partners trade/professional associations and social networking groups.
socalTECH
FEBRUARY 16, 2017
Maven , the car sharing service run by GM, and the City of Los Angeles said this morning at an event downtown, that the firm will be placing 100 of its GM Bolt electric vehicles into the area to help get people out of their cars. Those vehicles will cost $12 an hour to borrow, with free charging provided through EV fast charging provider EVgo. Maven launched its service in Downtown LA in October.
SoCal Tech Calendar
FEBRUARY 16, 2017
Wednesday, February 22, 2017 -- Silicon Beach Networking Mixer At Prince O' Whales. Our networking events attract professionals from entertainment, tech, social media, fashion, and marketing and we're quite popular with influencers as well. Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. See https://www.eventbrite.com/e/silicon-beach-networking-mixer-at-prince-o-whales-in-playa-del-rey-tickets-32010446106?
socalTECH
FEBRUARY 16, 2017
Irvine-based Skyworks Solutions , which develops analog semiconductors, is targeting the Chinese LTE market with a new set of RF modules. According to SkyWorks its new SkyOne RF front end solutions include the ability to use the same, printed circuit board across multiple smartphone platforms, and ability to customize those modules for M2M and automotive applications.
L.A. Business Journal
FEBRUARY 16, 2017
Tinder acquires Snapchat-like app Wheel, Snap Inc. aims to raise as much as $3.2 billion in IPO, and Disney’s Maker Studios is eyeing layoffs.
socalTECH
FEBRUARY 16, 2017
Orreco , an Irish company developing machine intelligence and data collection tools to improve professional sports performance, has raised $2M, and is opening up an office in Los Angeles, the company said on Wednesday. The Series A funding came from True Ventures. Orreco said the funding will go towards expansion in the United State and Europe, and to further develop its product for sports science and data, and specifically to open that new office here.
Xconomy
FEBRUARY 16, 2017
Dermata Therapeutics , a San Diego development-stage biotech advancing new treatments for rosacea, eczema, and related dermatological diseases, said it has secured $5 million in Series A financing and entered into a $5 million credit facility with Silicon Valley Bank. The company, founded in 2014 by former Santarus CEO Gerald Proehl and San Diego biotech investor David Hale, plans to use the funding for general corporate purposes and to advance Dermata’s line of dermatological drugs.
socalTECH
FEBRUARY 16, 2017
Redondo Beach-based Ozobot , which develops educational robots used for teaching software coding, has raised $3M in a Series A funding round, the company said late Wednesday. The funding was led by Tribeca Venture Partners. Ozobot said the new funding goes towards product development of its products. Nader Hamda is the founder and CEO of Ozobot. Ozobot says its robot is now in 3,000 classrooms, and is being used to teach such subjects as art, English, history, science and more.
socalTECH
FEBRUARY 16, 2017
Venice, California-based Snap Inc. , the parent company of Snapchat , has set its estimated initial IPO pricing, saying this morning in a filing that it estimates its initial public offering price at betwen $14.00 and $16.00 per share. Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68 billion on the public markets.
socalTECH
FEBRUARY 16, 2017
Los Angeles-based Exactuals , the developer of a software-as-a-service product used to track complex payments such as residuals and royalties, announced on Wednesday that it has raised $10.6M in a Series B funding, bringing its total raised to $21.5M. The announcement comes only a week after it revealed an earlier, $10M funding round. The new funding came from Entertainment Partners (EP), City National, and TTV Capital.
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