SoCal Tech Calendar
JUNE 13, 2016
LinkedIn , the owner of Southern California's Lynda.com , is being acquired by Microsoft is a giant, $26.2 billion, all-cash deal, LinkedIn and Microsoft said this morning. According to the companies, Microsoft will pay $196 per share in cash for LinkedIn. LinkedIn bought Goleta-based Lynda.com in April of last year, paying $1.5 billion for Lynda.com.
socalTECH
JUNE 17, 2016
Los Angeles-based CheckAlt , which provides mobile check deposit and Check 21 payment services and software, said late Thursday that it has acquired Klik Technologies , a subsidiary of MUFG Union Bank, N.A., which provided receivables processing. Financial terms of the acquisition were not announced. Klik Technologies was based in New York, and had over 120 employees.
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InfoChachkie
JUNE 16, 2016
A version of this article previously appeared on Forbes. Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees? As described in Should Millennial Entrepreneurs Skip College? , most young entrepreneurs benefit greatly from the college experience. However, off-the-shelf majors are typically not suited to the eclectic skills required to succeed in the startup world.
Berkonomics
JUNE 16, 2016
Dave’s note: Our guest author this week is Kevin McDonald, Executive Vice President and Chief Information Security Officer at Alvaka Networks, a network services and security firm in Irvine, California. He is a trusted technology and security consultant and public policy advisory to some of America’s most influential people and organizations. .
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.
SoCal Tech Calendar
JUNE 13, 2016
Santa Monica-based salary comparison startup Comparably , which is led by startup veteran Jasaon Nazar, has run a survey of over 10,000 technology employers, to help break down some information about the pay gap between men and women. The startup's survey found that the pay gap is worst for women in the 18 to 25 year old age bracket. According to the survey and accompanying infographics--which compared the gender pay gap by age, ethnicity, level of education, and other factors --women are paid 2
socalTECH
JUNE 15, 2016
Los Angeles-based bridesmaid dress rental site Vow To Be Chic , which was founded by Kelsey Doorey, said Wednesday that it has raised $5M in a Series A funding. The company said the funding included Pritzker Group Venture Capital and Wavemaker Partners, along with the Women's Venture Capital Fund. Vow To Be Chic said the funding will go towards scaling the business, improving its technology, and growing its team.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Tech Coast Venture Network
JUNE 16, 2016
Graham calls it “doing things that don’t scale” because part of the definition of a startup is having a scalable technology. So what has changed? Playing Startup. Doing a startup is relatively popular. You know it is when universities start offering “entrepreneurship” programs. As is true for all things popular, there are people who actually do startups and those who play startup.
SoCal Tech Calendar
JUNE 14, 2016
In the corporate world, events are more than just an event�they are opportunity to connect with your customers and turn potential customers into buyers. How do you make those events happen? We spoke with co-founder Ryan Costello about Santa Monica-based Event Farm (www.eventfarm.com), on how its software technology is being used to power high end, VIP events for large companies.
socalTECH
JUNE 16, 2016
Los Angeles-based Appetize , which develops tablet-based, enterprise Point-of-Sale hardware and software for venues, said on Thursday that it has scored a win in Minneapolis. The company said that the new, U.S. Bank Statdium in downtown Minneapolis will use the company's products as its exclusive, POS solution. The new stadium is home to the Minnesota Vikings.
L.A. Business Journal
JUNE 16, 2016
Greycroft Ventures leads funding for Performance Horizon, Vow To Be Chic picks up critical investment, Indian streaming company finds an angel in Los Angeles, and more.
Tech Coast Venture Network
JUNE 16, 2016
Graham calls it “doing things that don’t scale” because part of the definition of a startup is having a scalable technology. So what has changed? Playing Startup. Doing a startup is relatively popular. You know it is when universities start offering “entrepreneurship” programs. As is true for all things popular, there are people who actually do startups and those who play startup.
SoCal Tech Calendar
JUNE 15, 2016
In another chapter in the brand-that-wouldn't-disappear, Napster , the music streaming service brand which, for awhile, was based in Los Angeles, is coming back -- this time, as a rebrand of Seattle-based streaming music service Rhapsody. Rhapsody said on Tuesday that. it will rebrand as Napster sometime this Summer. Napster was in Los Angeles until it was split between Rhapsody and Best Buy back in 2011 in a sale, having moved to Los Angeles when prior owner Roxio acquired the Napster name in 2
socalTECH
JUNE 15, 2016
Aliso Viejo-based QLogic is being acquired by San Jose-based Cavium , in a deal worth $1.36 billion, the two said Wednesday afternoon. According to the two, they are in a definitive agreement where Cavium will pay approximately $15.50 per share for QLogic, split between $11.00 per share in cash and 0.098 share of Cavium common stock. QLogic is a manufacturer of storage and server networking hardware and other products; Cavium is a developer of network, wired, wireless, and other network processi
L.A. Business Journal
JUNE 14, 2016
Net-neutrality upheld in federal court, e-commerce startup Loot Crate secures major investment; Electronic Arts sets its sights on e-sports market, and more.
Startup Professionals Musings
JUNE 12, 2016
Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. This approach only makes these important constituents question your integrity, intelligence, and your understanding of business basics. Pointing out flaws in others does not give you strength.
SoCal Tech Calendar
JUNE 14, 2016
Los Angeles-based streaming television site Hulu has added support for the Oculus Rift, the company said today, and also rolled out a new virtual reality space based on the Syfy title 12 Monkeys. Hulu said it now has more than 30 pieces of original, virtual reality content available on its virtual reality app, which launched earlier this year. The new 12 Monkeys virtual reality app was created in partnership with the show's executive producer Terry Matalas, and product designer John Mott.
socalTECH
JUNE 17, 2016
Thousand Oaks-based agricultural biotech developer Ceres is being acquired by Minnesota-based agriculture firm Land O'Lakes , in a deal worth approximately $17.2M, the companies said on Friday. The two said that Land O'Lakes will pay $0.40 per share, in cash, for Ceres. Ceres will become part of Land O'Lakes Forage Genetics International (FGI) subsidiary.
L.A. Business Journal
JUNE 13, 2016
Microsoft Corp. spends big to acquire professional network LinkedIn, Snapchat unveils a new advertising format.
Xconomy
JUNE 15, 2016
People start a business for many reasons. Some do it out of sheer passion, while others do it to create wealth and economic growth. Yet, underlying it all is a willingness to take risks. Entrepreneurs and established companies make risky decisions every day in the hope that those risks will translate into better opportunities, better performance, and greater profitability.
SoCal Tech Calendar
JUNE 15, 2016
Los Angeles-based Oblong Industries , which develops gesture-aware, 3D spatial user interfaces, reported this morning that it has scored a contract with NASA Aeronautics. According to Oblong, it has been awarded a contract to provide NASA Aeronautics with its immersive, collaboration products to help connect engineers and researchers across the U.S.
socalTECH
JUNE 17, 2016
Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. According to Sapho, it has raised $9.5M in a Series A funding, which was led by Alsop Louie Partners. Sapho develops software which helps pull together information across hundreds of enterprise apps, and presents them to employees as "micro apps".
L.A. Business Journal
JUNE 15, 2016
Canary Health Joins Forces With medtronic, Napster moves back home, SpaceX booster crashes, and more.
Startup Professionals Musings
JUNE 11, 2016
As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. The simple answer is that with all the staging of TV lights and billionaire investors, it’s nothing like Silicon Valley. Yet the process is eerily realistic, and every entrepreneur can glean some important lessons.
SoCal Tech Calendar
JUNE 13, 2016
A new, mobile app startup, Exactly --which is about to launch a mobile messaging and networking app aimed at Millenials--said it has set up shop in Silicon Beach, backed by $4.6M in funding. The company said the expansion comes due to the hiring of a new CEO, SoCal startup vet Jay Goss, to lead the company. Goss has previously helped to run such companies as Numedeon, EternalSpace, Mogreet, RxVantage, Kumba Health and ExecuSurv, and also was an executive at Disney.
socalTECH
JUNE 16, 2016
Los Angeles-based private equity investors Gores Group and Platinum Equity said this morning that they have backed Data Blue , an Atlanta provider of storage, backup and server virtualization and consolidation solutions for the enterprise market. Size of the investment was not announced. The Gores Group investment came via Gores Small Capitalization Partners.
Xconomy
JUNE 17, 2016
Familiar biotech names—not necessarily familiar for the right reasons—made news this week in biotech. Data from a hematology conference stoked dreams of approval, though still on a far horizon, for a couple drug makers. Long anticipated, Walgreens officially cut ties with Theranos , and the FDA both gave and denied approvals. You think a Game 7 in the NBA Finals is going to be epic?
Startup Professionals Musings
JUNE 17, 2016
For too many small businesses, customer service is still seen as a “burden.” Entrepreneurs don’t realize that this burden is actually costing them over $200 billion in repeat sales, according to a recent study by the W. P. Carey School of Business. The report also indicates that customer problem experiences continue to increase, up four percent to 54 percent since the last study.
SoCal Tech Calendar
JUNE 13, 2016
Los Angeles-based The Virtual Reality Company , the startup which is developing a virtual reality version of The Martian , has raised $23M in a funding round, according to the company. The funding came from Hengxin Mobile Business Co, Ltd, and also included Metallica lead singer James Hetfield, Rothenberg Ventures, and Elementum Ventures. The startup, led by Guy Primus and co-founded by Robert Stromberg, is the producer of the Martian VR experience, which it is developing for 20th Century Fox In
socalTECH
JUNE 17, 2016
Fountain Valley-based consumer electronics maker D-Link announced it has launched a new, 180 degree Wi-Fi camera, aimed at home surveillance. According to D-Link, its new DCS-8200LH camera provides an 180 degree, ultra-wide angel lens, 720p HD video quality, and a microSD slot, for local recording, and costs $139.99. The company also said its camera is compatible with IFTTT (If This Then That), the home automation provider which lets users connect device events with other software and apps--such
Xconomy
JUNE 16, 2016
What does it take to build a startup in today’s market? Put a half-dozen entry-level tech entrepreneurs together anywhere outside of the Bay Area, and it won’t take long before they start listing the local market deficiencies. In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms. So when the San Diego Venture Group recruited Mark Suster of Los Angeles-based Upfront Ventures to give the keynote talk Tuesday night for Startup Week San Diego, mo
Startup Professionals Musings
JUNE 13, 2016
It’s very fashionable these days to declare yourself a social entrepreneur, working for the good of society, the environment and a better life. Most social entrepreneurs don’t like to talk about making money, but often they still ask for help finding investors. As an adviser, I have to tell them they should be looking for philanthropists, who look for social value rather than financial returns.
SoCal Tech Calendar
JUNE 15, 2016
SpaceX has successfully launched another mission into space, sending two satellites--one for Eutelsat and another for ABS--into orbit. However, the third attempt at landing the first stage of the company's Falcon 9 rocket failed, after two earlier successful attempts. According to a tweet from SpaceX founder and CEO, Elon Musk, the company's drone ship was okay, but there were issues with rocket control on the Falcon 9.
socalTECH
JUNE 17, 2016
Santa Monica-based Activision Blizzard says that it is branching out its content to the world of streaming television with its first, original title out of its new television and film studio, Activision Blizzard Studios. According to Activision Blizzard, the studio has created Skylanders Academy , a new, animated series which will show on Netflix. The new series will be the first production by its studio, which is being led by Stacey Sher and Nick van Dyk.
LATechDigest
JUNE 13, 2016
Follow LA Tech Digest on Twitter ( link ) for news as it happens. **. THIS WEEK’S EVENTS: see full calendar. Monday, June 13. Table Top Invitational. Tuesday, June 14. E3 ( -6/16). Hack for LA. Influencer Economy. SM New Tech. Maria Giudice. Wednesday, June 15. BAWSE ( -6/16). IDEAS LA ( -6/16). Techsparks Pitchfest. Thursday, June 16. Reaching Hispanic Markets.
Tech Zulu Event
JUNE 14, 2016
Firefox enjoys a position close to preeminence, doesn’t it? Sure Chrome is flashy and enjoyable, and Vivaldi might be the new kid on the block, but Firefox just sits there, quietly confident in its own considerable abilities. But what can make it better ? Add ons are the answer. Like icing on cake, or a cherry on a sundae, add ons can allow for varying degrees of personalization, helping users to better build a browser that works for them.
SoCal Tech Calendar
JUNE 15, 2016
Santa Barbara-based Invoca , which helps marketers correlate phone calls to what advertising drove those calls, has rolled out another product for Facebook, the company said Tuesday. Invoca said its new Invoca for Social allows marketers to optimize their Facebook ad campaigns, all directly within Facebook's Ad Manager. The new integration lets marketers link offline, phone calls and in-store purchases with Facebook ad campaigns.
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