January, 2017

Trending Sources

Famous Birthdays In Growth Mode

socalTECH

Los Angeles-based Famous Birthdays , which operates an online service which lets you look up the birthdays of famous people, says it has now passed 13 million unique visitors, based on numbers from December. The company also says it now has a staff of 20 full-time staffers working out of its Santa Monica office. READ MORE>>.

Los Angeles tech companies take a victory lap with planned tech job fair

TechCrunch LA

2016 was a good year to be a tech startup in LA, and, with the $25 billion planned public offering for the city’s startup darling, Snap Inc.,

L.A. Cleantech Incubator Founding CEO to Step Down

L.A. Business Journal

Fred Walti, the founding chief executive of the Los Angeles Cleantech Incubator, is stepping down after six years at the helm, Los Mayor Eric Garcetti announced Thursday

Stay Stoked: Business Travel Doesn’t Have To Suck

InfoChachkie

A version of this article previously appeared in Forbes. made many mistakes when I was building my startups. Iconic Advice

Startup 41

Top Cybersecurity Lesson from 2016: Unchecked Insiders

Xconomy

And while hackers have many advantages, there are two that are contributing to a rampant spike in cyber breaches right now: 1.

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Silicon Beach Report Jan. 11: SpaceX Explains Plans to Land Three Boosters at Once

L.A. Business Journal

SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite

Which School Generated The Most Startup/Tech Forbes 30 Under 30 Phenoms?

InfoChachkie

I was pleased and proud when I learned that two of my former UC Santa Barbara students, Sieva Kozinsky, Founder of StudySoup and Eric Posen, […].

Just Four Months After Series A, Delinia Sells to Celgene For $300M

Xconomy

Celgene (NASDAQ: CELG ) will pay $300 million up front to buy Cambridge, MA-based Delinia.

30 Under 30: Los Angeles

SoCal Tech Calendar

Tuesday, January 31, 2017 -- 30 Under 30: Los Angeles. Another year of Forbes 30 Under 30, and another group of awesome LA founders getting global attention. We're celebrating and highlighting some of the recent selections with an evening event at Cross Campus Santa Monica. Moderated by Katelyn O'Shaughnessy, Founder, TripScope. aff=SDb.

MobileCause Raises $15M For Nonprofit Software

socalTECH

Los Angeles-based nonprofit fundraising and crowdfunding software platform developer MobileCause has raised $15M in a Series B funding, according to the company. The funding came from growth equity firm Level Equity. As part of the funding, Levil Equity's Sarah Sommer has joined the company's board. MobileCause is led by CEO Sean MacNeill.

Press release partnerships: Worth the effort?

Berkonomics

Many of us make it a priority to find and partner with companies that can add to our offering or extend our reach.  Growth!

Silicon Beach Report Jan. 25: Ring Raises $109 Million, Eyes IPO

L.A. Business Journal

Ring raises $109 million and eyes initial public offering, Elon Musk endorses former ExxonMobil Chief Tillerson for Sec. of State, and 3-D car part printer Divergent raises $23 million

Report 34

Correlation Ventures Raises $200M In New Investment Fund

socalTECH

Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brings its total assets under management to $366M. READ MORE>>.

Interview with Anna Barber, Techstars LA

socalTECH

Techstars (www.techstars.org) has a long history and record of success as a startup accelerator, with programs across the country and world--and recently opened up its third, Los Angeles program, Techstars LA. Techstars recently appointed Anna Barber as its Managing Director, so we thought we'd sit down and get to know Anna better. That's exciting.

SPACES Gest $6.5M For Virtual Reality Theme Park Efforts

socalTECH

Playa Vista-based SPACES , a developer of virtual reality technology aimed at the theme park industry, announced last week that it has raised $6.5M in additional seed funding. The funding was led by Chinese theme park operator Songcheng Performance Development, and also included Comcast Ventures, along with Boost VC, Colopl VR fund, GREE Inc.,

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

socalTECH

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund.

Ixia Acquired By Keysight For $1.6 Billion

socalTECH

Calabasas-based network testing software and hardware developer Ixia has been acquired by Keysight Technologies , in a deal worth $1.6 billion in cash, the two announced this morning. Ixia was advised by Deutsche Bank and Bryan Cave LLP in the deal; Keysight was advised by Goldman, Sachs & Co., and Clearly Gottlieb Steen & Hamilton LLP.

How Amavitae Wants To Help Youth Find A Career They'll Love

socalTECH

For today's youth, it's often hard to figure out what they want to do in life--according to Deborah Ramo , Founder and CEO of Los Angeles-based Amavitae (www.amavitae.com). We sat down with Deborah to hear more about the app, why millenials and other youth are having such a hard time figuring out a career, and the company's solution. Thanks!

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GumGum Names Sports Division Head

socalTECH

Santa Monica-based GumGum , which is developing computer vision software applied to online advertising and media, said today that it has named Ryan Mosher as its new Executive Director of GumGum Sports. GumGum Sports focuses on sports sponsorships with brands. Mosher will be based in Chicago. READ MORE>>.

SnapMD Adds $3.25M In Series A

socalTECH

Los Angeles-based SnapMD , which develops telemedicine software and technology, announced this morning that it has added $3.25M in a Series A financing extension. The company said the funding brings its total raised to $9.15M. SnapMD did not detail the investors in the new funding, only saying it included both institutional and private investors.

Virtualitics Raises $3M For AR/VR/AI Startup

socalTECH

Pasadena-based Virtualitics , a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machine learning and artificial intelligence, has raised $3M in a seed funding round. The funding came from un-named angel investors. READ MORE>>.

Report: Biotech VCs Perpetuate Boardroom Gender Gap

Xconomy

That’s according to British recruitment firm Liftstream and its new study of biotech companies that went public in the recent boom years.

Study 31

Smart Voice Assistants Will Spread From Talking Devices To Apps in 2017

Xconomy

think that’s a big deal. It’s going to foretell a new type of user interface that will become very important for any company to include in its apps.

Cedars-Sinai Accelerator Names New Startup Class

socalTECH

The Cedars-Sinai Accelerator Powered by Techstars has announced the next class of startups to join the healthcare accelerator, saying this morning that it has added eight startups to what will be the second class for the program. READ MORE>>. cedars sinai startup accelerator healthcare techstars incubator

Snap Inc: No, We Don't Have A New HQ In London

socalTECH

Venice, California-based Snap, Inc. , the parent company of Snapchat , said on Tuesday that it has not established a new international headquarters in London--despite media reports. The company said it has "one HQ, in Venice", and the changes in London simply involved billing advertising revenue in the UK through a UK entity. READ MORE>>.

Biotech Roundup: JPM Deals, Gender Diversity, PCSK9 Battle & More

Xconomy

This past week, the biopharma industry made its annual January pilgrimage to San Francisco for the J.P. Morgan Healthcare Conference. 2016 was a whirlwind year in biotech, and the biopharma gods rewarded attendees with a multi-day monsoon to slog through to get from one meeting to the next. Pricing, Trump, PCSK9 Battle, and Diversity.

Cyber Attackers Targeted Our Trust, Not Just an Election

Xconomy

The cyber attacks on political organizations and election infrastructure added a level of intrigue to this year’s U.S.

Startup Resolution 2017: Embrace Believers, Bounce Skeptics & Keep Moving

Xconomy

The holiday period is a great time for reflection and then behavior modification – often referred to as resolutions. While a bit artificial to the logical engineer, this opportunity can be helpful. This year, my favorite insight came from a former student and employee, Elliot Cohen, co-founder of PillPack.

Correlation Ventures Raises $200M, Maintains its “Moneyball” Strategy

Xconomy

The firm, which has offices in San Diego, Palo Alto, and New York, said it now has $366 million in assets under management.

Startup Aims AI System for Safety, with Potential for Self-Driving

Xconomy

Over the past 25 years or so, San Diego has become a hub for innovation in telematics, and in providing technologies and services that enable long-haul trucking companies and other fleet operators to monitor the location and operation of their vehicles. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Moonshots Gets Big Exit At Harvest.ai

socalTECH

Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was reportedly worth around $20M. READ MORE>>.

Ezoic Acquires AmpedSense

socalTECH

Carlsbad-based Ezoic , a developer of advertising technology, announced that it has acquried AmpedSense , a developer of ad testing products for WordPress publishers. Financial terms ofthe buy were not announced. Ezoic said the acquisition will give it the ability to connect with more publishers and site owners. Ezoic is led by Dwayne Lafleur.

Esri Takes On Connected Car Market

socalTECH

Redlands-based GIS and mapping software developer Esri is dipping its toes into the connected car market, saying that it is showing off use in the connected car market at CES. READ MORE>>. esri connected mapping information systems autonomous vehicle driving

Citrix Sets January Date For GoTo Spinoff

socalTECH

Citrix Systems said on Friday that it has set a date of January 20th, to spin out its "GoTo" family of service offerings. That business--headquartered in Santa Barbara--will become a separate subsidiary called GetGo , which will merge with a subsidairy of LogMeIn. Citrix acquired ExpertCity in 2003. READ MORE>>.