L.A. Business Journal
DECEMBER 7, 2016
Emcore Corp. shares soared by more than 30 percent on Wednesday to close at $8.45 after posting stronger-than-expected revenue totals for the quarter ended Sept. 30.
socalTECH
DECEMBER 7, 2016
San Luis Obispo- and Seattle-based AxonVR announced today that it has raised $5.8M in a seed funding round, for its development of realistic touch (haptic) technology for use in virtual and augmented reality. The company said the round was led by Chinese company NetEase, and also included Dawn Patrol Ventures and former Twitter CEO Dick Costolo, along with The Virtual Reality Company, Jon Snoddy (Walt Disney Imagineering), Keeler Investment Group, and Paul Matthaeus (Digital Kitchen).
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L.A. Business Journal
DECEMBER 7, 2016
Emcore Corp. shares rise more than 30 percent, SpaceX delays Falcon 9 launch until early January, Barstool Sports signs deal with Sirius for daily satellite radio show, and more.
socalTECH
DECEMBER 7, 2016
Wireless phone service operator Sprint and Pokemon Go developer Niantic announced this morning in a press conference, that the two have inked a deal where every Sprint store--as well as RadioShack and BOOST stores run by Sprint will become a PokeStop and Gym. Financial details of the deal were not announced. The two said that more than 10,500 stores will be included in the deal.
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SoCal Tech Calendar
DECEMBER 7, 2016
Tuesday, December 13, 2016 -- Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group. Rewind and unwind at our digital video industry mixer! Our VIP panelists will share their hot takes on the year that was in online video and digital media in general. Join us for lively opinions, refreshments, and games. Special guest panelists include: Roarke Boes, Director of Content Management, Omnia Media; Brian Nickerson, CEO and Co-Founder, MagicLinks; Joe Babarsky, Director of Creative In
socalTECH
DECEMBER 7, 2016
San Diego-based DNA sequencing equipment maker Illumina announced this morning that it has named Sam A. Samad as its new Senior Vice President and Chief Financial Officer. Samad was most recently at Cardinal health, where he was most recently Senior Vice President and Corporate Treasurer. He also has served at Eli Lilly and PepsiCo Inc. READ MORE>>.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
DECEMBER 7, 2016
Santa Monica-based The Mobile Majority , the mobile advertising technology developer led by Rob Emrich, says it has acquired Gimbal , the Qualcomm spinout focused on mobile engagement and location intelligence in the retail market. Financial details of the acquisition were not announced. Gimbal's technology was used by brands, retailers, advertisers, venues, and out-of-home (OOH) networks to understand the movement of their customers.
Xconomy
DECEMBER 7, 2016
Since the election, leaders in biotechnology and pharmaceuticals are acting like they got away with robbery. The Nasdaq Biotechnology Index went up 9 percent overnight on November 8th. With Donald Trump coming into office, the whole industry seems to have breathed a sigh of relief that the status quo—a continuous race toward higher prices—will last for at least a few more years.
socalTECH
DECEMBER 7, 2016
There are lots of music and messaging apps out there, but is there room for an app which makes music the message? Orange County startup Beatshare --backed by the Tech Coast Angels, Pasadena Angels, Harvard Business School Angels, and Archangels, among others�thinks it's figured out the formula to make music the message in its mobile app. We talked with Eli Aizenstat , the founder and CEO of Beatshare�and still a student--as well as President and longtime technology vet Barry Lieberman about the
Xconomy
DECEMBER 7, 2016
The U.S. Senate has voted overwhelmingly to approve the 21st Century Cures Act, a wide-ranging healthcare spending and reform bill that aims to infuse medical research with new funding and also speed up the regulatory approval process for new drugs and medical devices. With the Senate’s 94-5 vote on Wednesday, the bill now advances to President Obama, who is expected to sign the bill into law.
socalTECH
DECEMBER 7, 2016
Santa Monica-based MomentFeed , the developer of mobile customer analytics tools, says that it has launched a new, online-to-offline customer journey tracking tool in the latest version of its platform. The company said that MomentFeed 3.3 makes it easier for its multi-location brand customers to track "online-to-offline journeys" and calculate the ROI of their mobile marketing efforts.
Xconomy
DECEMBER 7, 2016
Cambridge, MA-based Gurnet Point Capital has invested $92 million in Crossover Health, a six-year-old company that provides membership-based healthcare services to employers that are self-insured. The funding is intended to increase the capital available for Crossover Health’s expansion and to buy out a portion of the company’s existing shareholders, the company said.
socalTECH
DECEMBER 7, 2016
Los Angeles-based Joymode , the new startup headed by former Klout founder Joe Fernandez, has opened up its first "pop up" store today, at the Sunset Junction. The startup offers up the ability to rent a wide range of "experiences"--all the stuff you need for a backyard movie night, virtual reality gear, electric scooters, and more--so you don't have to own a bunch of things you only use once.
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