January, 2017

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Time, talent and treasure – Spending each wisely

Berkonomics

In the non–profit world, the term, “time, talent and treasure” has been used so often it is almost at the edge of being trite. It’s used in that arena to describe a volunteer’s sacrifice in support of the non–profit enterprise. I have been surprised to discover that it seems undiscovered in the business world. So, let’s bend the meaning to help us focus on resources while preserving those words.

Resource 226
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Proterra Raises $140M, Plans to Increase Hiring at City of Industry Plant

L.A. Business Journal

Electric bus manufacturer Proterra of Burlingame announced on Tuesday that it has raised $140 million from investors, which will be partly used to start manufacturing and hiring at its City of Industry plant.

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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. Esri said on Tuesday that its mapping and spatial anlytics technology will be shown off at an automated driving demonstration in conjunction with Microsoft, NXP Semiconductors, IAV, Cubic Telecom, and Swiss Re.

Marketing 167
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Stay Stoked: Business Travel Doesn’t Have To Suck

InfoChachkie

A version of this article previously appeared in Forbes. I made many mistakes when I was building my startups. Though the outcomes were financially lucrative, […]. The post Stay Stoked: Business Travel Doesn’t Have To Suck appeared first on John Greathouse.

Startup 113
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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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. We'll host a panel of recent 30 Under 30 winners who will share what it takes to rise above the noise, and offer tips for chasing this particular honor.

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PvP Biologics Raises $35M in a Lab-to-Pharma Deal with Takeda

Xconomy

[ Corrected 1/5/17, 8:07 am to show company was spun out of UW two months ago. ] A San Diego-based startup spun out from the University of Washington just two months ago is today announcing a $35 million deal with Takeda, Japan’s biggest pharmaceutical. PvP Biologics was founded to advance KumaMax, a synthetic enzyme (depicted in the above image) that shows promise as an oral drug for treating celiac disease.

More Trending

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Snap Decisions

L.A. Business Journal

Snap could be courting more lawsuits as the tech giant moves forward on going public.

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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. The startup, which recently relaunched its website to add video on its many profiles, is led by Evan Britton.

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6 Key Leadership Habits Required For Entrepreneurs

Startup Professionals Musings

Starting and building a company is all about leadership – formulating an idea, building a unique plan based on vision and experience, and forging a path over and through all obstacles. Yet the image of leadership in business is at an all-time low, according to national leadership experts, considering the political debacles, record business bankruptcies, and executive fraud cases.

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TechFair LA

SoCal Tech Calendar

Thursday, January 26, 2017 -- LA Tech Job Fair. Please join the Office of Los Angeles Mayor Eric Garcetti and the City's Entrepreneur in Residence Jason Nazar, for one of the City's largest Technology Job Fairs taking place on Thursday, January 26th from 11-8pm at The Reef in Downtown Los Angeles. The fair will feature 200+ of LA's premier technology companies looking to hire great candidates in engineering, marketing, sales, and more.

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Families Fret As Insurers Mull Biogen’s $750K Spine Disease Drug

Xconomy

This past Christmas weekend, Ana Memedovich had her best two days in more than a decade. Her 23-year-old son Mikhail has spinal muscular atrophy, or SMA, a rare genetic disease that has slowly robbed him of the ability to walk and function independently. On Dec. 23, the FDA approved nusinersen (Spinraza), the first-ever drug for the disease. More than a decade after his diagnosis, Mikhail only has the strength to take a few steps on his own.

Pricing 78
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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. And we rightly celebrate each such pairing, often with a mutual press release. And sometimes that’s all we end up doing. Call it a “press release partnership.” Or an opportunity missed. Or a relationship not nurtured. Finding a supplier, distributor or other partner is the easiest part.

Press 191
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Imax to Launch VR Arcade in Los Angeles

L.A. Business Journal

Imax Corp. will open a virtual reality arcade at the Grove shopping center at the end of this week. The facility is the first of six planned virtual reality arcades worldwide, including spaces in Great Britain, Japan, and China.

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Axonics Gets Marketing Approval In Canada

socalTECH

Irvine-based medical device manufacturer Axonic Modulation Technologies announced this morning that it has received marketing approval in Canada, from Health Canada. The company's medical devices are used to treat overactive bladder and incontinence issues. The company said the marketing approval means its products meets all of the Canadian Medical Devices Regulations, Section 36, allowing it to market its systems throughout the country.

Marketing 140
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8 Disciplines for Transforming Ideas Into Businesses

Startup Professionals Musings

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Yet, in my experience as a mentor to entrepreneurs, the majority of failures I see are related to starting and growing the business, not developing the solution.

Ideas 72
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Digital Marketing Bootcamp

SoCal Tech Calendar

Thursday, January 26, 2017 -- Digital Marketing Bootcamp. SIIA and TCOSC is kicking off its Boot Camp Series in Irvine, CA. The one-day boot camp, will discuss the absolute essentials of digital marketing and effective strategies for growth. Sessions will focus on data, technology, social media, email and content marketing. Join us January 26 Irvine, CA.

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Watching for NIH Innovation in 2017—and Drug Pricing, Trade Deals

Xconomy

With the inauguration of Donald Trump as president on January 20th, the editors asked some of our Xconomists to offer their thoughts on “How could the incoming administration significantly affect your industry?” When I worked in the Reagan Administration, the “Gipper” used to handle questions like this by saying he couldn’t respond to hypothetical questions.

Pricing 74
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Don’t Let Anybody Tell You Not to Speak Up. Here’s Why …

Both Sides of the Table

Trump. In a week there is enough evidence to know that he truly is the narcissistic child and xenophobic race-baiter we saw during the election and that wasn’t just reality TV to get him elected. Here is a quote you should regret believing “ The press takes him literally, but not seriously; his supporters take him seriously, but not literally.” You should all take him literally.

Startup 241
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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 141
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Chinese Drone Manufacturer Wingsland Sets Up Shop In LA

socalTECH

Wingsland Technology , a Chinese manufactuer of drones for the consumer market, announced on Wednesday that it has opened up its first international office, in Los Angeles. According to the company, the new office will help it service the growing U.S. market. Wingsland said it has opened up an office in the City of Industry, which will include a warehouse, local inventory, and a product, customer service team, and dedicated marketing and sales team.

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8 Success Drivers Define A Lifestyle Entrepreneur

Startup Professionals Musings

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. More recently, the desire for extra income has become the key driver in new startups, according to a 2015 study. It seems that more people are focused on money today.

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SAM Preccelerator Program Presents:

SoCal Tech Calendar

Thursday, January 26, 2017 -- SAM Preccelerator Program Presents. This session will focus on techniques and ways to network in the VC and Angel Community. We will interact and share best practices on business development and promoting your start-up. See https://www.eventbrite.com/myevent?eid=30678911450.

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Diverse Workforces Support the Growth of North Texas Innovation

Xconomy

We have made it a priority since the inception of the DEC to incorporate diversity into all that we do. We have hired a diverse workforce. We have created programs focused on diverse audiences including gender, age, religion, ethnicity, political affiliation, and more. We have made all of this a priority not only because it is the right thing to do, but also because a more diverse workforce and program offering has made our organization a better run and more relevant organization based upon our

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TV, Film Studio Scores Stake in E-Sports Squad

L.A. Business Journal

Another big L.A. player is diving into the digital world of e-sports, hoping to grab a piece of a market that is expected to grow to $1 billion as early as next year.

Marketing 145
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Vertical Management Systems Acquired By NewSpring Holdings

socalTECH

Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Financial terms of the acquisition were not disclosed. Vertical Management Systems (VMS) provides its software to large financial institutions.

Pasadena 140
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Proterra Raises $140M To Ramp Production, Hiring In Los Angeles County

socalTECH

Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing. According to Proterra, which is based in the Bay Area, the Series 5 round of funding was led by a $40 million investment from an undisclosed investor, an additional $60 million from several new investors, and also in

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DTS Gets Headphone:X Win With LG

socalTECH

Calabasas-based audio processing technology developer DTS announced this morning that its DTS Headphone:X technology has been integrated into several new notebook PCs from LG. According to DTS, the technology will be designed into the LG Gram series models 13Z970, 14Z970, 15Z970 and 15U470, the first notebook PCS to integrate the technology. Terms of the technology licensing deal were not announced.

Calabasas 124
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MaxLinear Selected For Set Top Box

socalTECH

Carlsbad-based radio frequency and mixed signal integrated circuit (IC) developer MaxLinear says that one of its chips has been selected for design into a set-top-box. The company said its MxL603 global terrestrial tuner--used for decoding over-the-air HDTV--is being incorporated into Air HDTV, a product being developed by Wireless Innovation Group.

Design 124
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Tribogenics Gets Distribution Partner In Southeast Asia

socalTECH

Los Angeles-based Tribogenics , the developer of handheld, X-ray equipment initially being targeted for metal analysis, said late Thursday that it has signed up a distribution partner in Southeast Asia. Tribogenics said it has signed up HORIBA Scientific to distribute its new Watson hand-held XRF metal analyzers throughout Southeast Asia. Tribogenics has taken X-ray technology--originally developed at UCLA--which shrinks X-ray equipment down to handheld size, using a technology called tribolumin

UCLA 124
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Avidity Biosciences Finds $16M

socalTECH

La Jolla-based Avidity Biosciences , a biopharmaceuticals developer focused on monoclonal antibody and siRNA-based therapeutics, said today that it has raised $16M in a Series B funding round. The round included $10M in new capital, combined with conversion of $6M in convertible debt. The funding was led by Takeda Pharmaceuticals, and also included Alethea Capital, Alexandria Real Estate Equities, Brace Pharma, EcoR1 Capital, F-Prime Capital, Moore Venture Partners and Tavistock Life Sciences.

CalTech 124
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Amazon Eyes LA's American Apparel

socalTECH

E-commerce giant Amazon.com is reportedly eyeing a bid for bankrupt Los Angeles fashion retailer American Apparel , according to Reuters. Amazon.com joins Forever 21, Next Level Apparel and Authentic Brands Group LLC among companies which are looking at buying American Apparel out of bankrupcy, according to the report. American Apparel filed for bankruptcy in November.

Commerce 124
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Snapchat Sued By Ex Employee

socalTECH

Venice, California-based Snap, Inc. , the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. The lawsuit, filed by Anthony Pompliano, claims that Snapchat used false statistics on user numbers to recruit Pompliano from Facebook, and that Snapchat has since made it difficult for him to find a new job.

Snapchat 124
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Lynx Technology Launches Smart Home Product

socalTECH

San Diego-based Lynx technology , a developer of software for managing media libraries and smart home devices, said today that it has launched its first product, called SmartLynx 1.0. The product, aimed at the "smart home" market, is aimed at embedding into wireless routers, gateways, set-top-box (STB) and network attached storage (NAS) devices. Lynx Technology said the product is based on "Twonky", a product which was originally developed by PacketVideo, and also said its technology team is the

Product 124
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Neurelis Raises Series B Funding For Epilepsy Treatment

socalTECH

San Diego-based Neurelis , a developer of a drug treatment for epilepsy, has raised a Series B round of funding, the company said this morning. Size of that funding was not announced. The funding was led by HBM Healthcare Investments, and also includes earlier investor LYZZ Capital. According to Neurelis, the funding will go towards clinical trials of its intranasal drug aimed at treating pediatric, adolescent, and adult epilepsy patients who experience acute repetitive or cluster seizures.

Funding 124
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Kingston Digital Pushes USB Flash Drive Capacity To 2TB

socalTECH

Fountain Valley-based solid state memory maker Kingston Digital the flash-memory arm of Kingston Technology, has rolled out a new, high capacity USB flash drive which offers upto 2T of storage space. According to Kingstone Digital, the USB flash drive is now the world's highest capacity USB flash drive. Kingston did not announced planned pricing on the drive, which it says will be available in February.

Pricing 124
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MINDBODY Ties Into Google Search, Maps

socalTECH

San Luis Obispo-based software developer MINDBODY , which develops cloud-based software used for business management by the wellness services, yoga, fitness, and related industries, says it has integrated its services with Google Search and Google Maps. MINDBODY said that it has teamed with a new program, "Reserve with Google", which will let Google users book fitness and wellness classes directly from Google Maps, Search, and a new standalone website.

Google 124