Sat.Mar 23, 2019 - Fri.Mar 29, 2019

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Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital

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Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. The summit is now associated with March Capital Partners (www.marchcp.com). We spoke with Meredith Finn a new Partner at March Capital--who headed up that the Rise of the Female Entrepreneur sessions this year--to hear more about her perspectives on investments, what the Rise of the Female Entrepeneur was all about,

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Angel Investing 101 Workshop

SoCal Tech Calendar

Wednesday, April 3, 2019 -- Angel Investing 101. Tech Coast Angels. It turns out that angel investing is more than art - it's also very much a science. How do we know? Data! And knowing and understanding this Data can be the difference between making money and getting fleeced. On April 3rd, 2019 we're pleased to offer you another round of the popular "Angel Investing 101" workshop.

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Santa Monica's Science Inc. Backs Electric Motor Startup In $4.5M Funding

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Santa Monica-based Science Inc. , the startup studio led by former MySpace CEO Michael Jones and startup veteran Peter Pham, is the lead investor in electric motor startup Linear Labs. Linear Labs, which is developing electric motors it says produce twice the torque or force compared to conventional technologies in the same package size, said it raised $4.5M in a seed funding round, led by Science Inc. and Kindred Ventures, and also included Chris and Crystal Sacca, Saltwater Ventures and others

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private jets and even seaplanes at a moments notice for $200 per seat, at least.

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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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One Simple Way to Eliminate Distractions in a Board Meeting

Both Sides of the Table

Photo by ROBIN WORRALL on Unsplash Several members of your executive taken hours to prepare board materials so that you can inform your board of how things have gone since you last met 3 months ago and you have 3 hours together to make sure they have an accurate picture and to make sure you have their input into how to proceed in the months ahead. Given how seldom you come together you’d imagine you’d have the boards’ full attention during this time.

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Think ahead when raising your early investments

Berkonomics

Some businesses just can’t fit within the angel capital or friends and family model for raising funds. Sooner or later you may need to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment. What VC’s can and cannot do. First, VC’s in general cannot invest in ‘S’ corporations or limited liability companies (LLC’s).

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More Trending

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Impact of New Immigration Policies and Regulations

SoCal Tech Calendar

Wednesday, March 27, 2019 -- Impact of New immigration policies and regulations. Tech San Diego. Don't forget to register for an interactive discussion with Karine Wenger, Partner of Fragomen, who will highlight the critical role HR professionals play in managing expectations in this fluid immigration climate. Karine Wenger will highlight how new policies and regulations are effecting how companies access high tech talent.

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So You Want to Start a Cybersecurity Company?

Xconomy

Cybercrime has become a global epidemic. Attacks will cost the world $6 trillion by 2021, research firm Cybersecurity Ventures says- –the greatest transfer of economic wealth in history and more profitable than the trade in all major illegal drugs. As the threat keeps rising, the cybersecurity industry keeps growing. According to data released in January by Strategic Cyber Ventures, a cybersecurity-focused venture capital firm, global funding for security companies nearly doubled between 2

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6 Actions To Find The Perfect Angel For Your Startup

Startup Professionals Musings

Image via Max Pixel Fundraising is brutal. Actually, according to Paul Graham of Y-Combinator fame, “Raising money is the second hardest part of starting a startup. The hardest part is making something people want.” More startups may fail for that reason, but a close second is the difficulty of raising money. A while back, I outlined “ The 10 Best Sources of Cash to Start Your Business ” for startups, listing angel investors as alternative six.

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Biolinq Gets $4.75M For Biosensors, Eyes Glucose Monitoring Market

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San Diego-based biotech startup Biolinq , which is developing wireless-enabled biosensor patches for continuous monitoring of biomarkers, has raised $4.75M additional Series A funding, the company said this morning. The funding came from JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners. According to the startup, the investment brings its Series A total funding to $15M.

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BitAngels Los Angeles March Event

SoCal Tech Calendar

Friday, March 29, 2019 -- BitAngels Los Angeles. BitAngels is a group of cryptocurrency investors helping to grow the blockchain ecosystem through community events spotlighting new companies. The brainchild of industry leader Michael Terpin, BitAngels launched in 2013 as the world's first angel network for digital currency startups. This event will provide investors, entrepreneurs, and blockchain enthusiasts the opportunity to learn about new projects, including security token offerings.

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Sanford Burnham Prebys, WARF Partner on Drug Discovery

Xconomy

A program launched last year by the Wisconsin Alumni Research Foundation to invest in promising biotech discoveries made on the University of Wisconsin-Madison campus will also work with the La Jolla, CA-based Sanford Burnham Prebys Medical Discovery Institute, the organizations said recently. The partnership is part of a broader movement to accelerate the “bench to bedside” process by better integrating those in academia, government, and industry in the hopes of more rapidly pushing ahead pharm

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6 Signals That Your Startup Could Be The Next Google

Startup Professionals Musings

Image by Origa via Wikipedia I tell entrepreneurs that Google was an “exception” to all the investment and startup rules, but I’ve always wondered what it takes to be an exception. Since every business is built by unique individuals, I’m totally convinced that exceptional people are the key to an exceptional company. To check out the Google founders, and because I still see so many business plans that are modeled after Google (more search engines, and more billion dollar growth models), I had to

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XPRIZE Foundation Rolls Out New, $1M Moonshot Award

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Los Angeles-based XPRIZE , the nonprofit which manages and operates competitions intended to spur significant advances in technology, says it has rolled out a new, $1 million award, which it calls the Moonshot Award. According to the Foundation, the award will go to an XPRIZE team demonstrating the achievement of a "moonshot" technological feat--even outside the parameters or timeframes of an XPRIZE competition.

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How I Got Funded

SoCal Tech Calendar

Wednesday, April 3, 2019 --.

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Qualcomm Backs Industrial IoT Security Firm CyberX in $18M Round

Xconomy

CyberX, an industrial “Internet-of-things” security startup, has raised $18 million in a funding round led by the venture arm of chip-maker Qualcomm (NASDAQ: QCOM ) and Inven Capital, a cleantech and new energy fund based in Prague, the Czech Republic. Waltham, MA-based CyberX says it has seen rapid sales growth, which it attributes to boards of directors at companies acknowledging the business risks of an increasingly Internet-connected enterprise that can make operations—from

Sales 106
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8 All Too Painful Entrepreneur Negotiation Mistakes

Startup Professionals Musings

Image via Pixabay One of the things I have learned the hard way over my years in business, and in advising others, is that it takes more than passion, creativity, and hard work to start and grow a business. A key skill that many of you don’t appreciate is the ability to effectively manage the negotiations that come with every business. The results are lost opportunity, poor contracts, or a failed business.

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Dvele Picks Up $14M For New Home Building Startup

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San Diego-based Dvele , a new, technology startup which is using technology that allows people to order up, custom-febricated homes, and handles everything from design to on-site construction, has raised $14M in a funding round, the company announced on Thursday. The startup said the Series A funding was led by real estate investment company Crescent Real Estate.

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Women in Technology Dinner

SoCal Tech Calendar

Wednesday, April 3, 2019 --.

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The 2019 Xconomy Awards San Diego Finalists Are…

Xconomy

It was no easy task. After an extensive review of the many nominees for the first-ever Xconomy Awards San Diego, Xconomy editors across the country and a panel of local experts together narrowed the list to 42 finalists (listed below) across eight categories. In the coming weeks leading up to the awards gala in May , we’ll be featuring brief profiles of all the finalists here at Xconomy San Diego.

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7 Guidelines For Picking Business Battles You Can Win

Startup Professionals Musings

Image via Pixabay Many entrepreneurs are not prepared for conflict, or actively avoid it. Their vision, passion, and focus are so strong that they can’t imagine someone disagreeing, much less fighting them to the death. But the reality is that startups are composed of smart people, with emotions as well as intellects, working in close proximity under much pressure, so conflicts will occur.

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Semtech Gets Win In AV Application

socalTECH

Camarillo-based Semtech announced a win on Wednesday morning, saying that one of its chipsets has been selected for an audio visual application. According to Semtech, Christie, a developer of visual and audio technology, is using its BlueRiver platform for SDVoE (Software Defined Video over Ethernet) in a lineup of controllers, transmitters, and receivers.

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TCVN Execution Program #3: Creating a Go-to Market Strategy That Will Work

SoCal Tech Calendar

Thursday, March 28, 2019 --.

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33 Tech Startups Make San Diego Venture Group “Cool Companies” List

Xconomy

What does it take for a tech startup to be considered “cool?” In the eyes of the San Diego Venture Group, the key element is readiness for venture capital backing. It’s through that lens that the nonprofit organization, whose mission is to connect local startups with venture capitalists who are looking to invest, annually vets tech companies that apply for its “Cool Companies” program.

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6 Changes To Your Hiring Process To Attract The Best

Startup Professionals Musings

Image via Max Pixel Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree. In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Yet I find the people building teams are usually product experts, often with no experience in team building.

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The Trade Desk Launches In China

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Ventura-based programmatic advertising technology developer The Trade Desk said this morning that it has officially launched its programmatic ad buying platform in China. According to The Trade Desk, the move comes as global advertisers are looking to reach audiences in China, and because the country is a key growth market. The Trade Desk said that it has been in beta in China since late last year, and that the firm is targeting such sectors as hospitality, luxury retail, education, food and bev

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Industry 4.0: The Future of Humanity in the Smart Machine Age

SoCal Tech Calendar

Tuesday, April 2, 2019 --.

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Biolinq Adds $4.75M to Advance Glucose Monitoring Biosensor Patch

Xconomy

Biosensor startup Biolinq said Thursday it has raised $4.75 million from new investors, including the New York-based Juvenile Diabetes Research Foundation, following the results of a clinical study of its experimental biomarker monitoring device. Founders Jared Tagney and Joshua Windmiller, who met while in grad school at UC San Diego, started the company in 2012 as Electrozyme.

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HyperX Launches New Microphone For Gamers

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Fountain Valley-based videogame accessory maker HyperX , which is part of Kingston Technology, says it has launched a new microphone specifically aimed at streaming and audio recording. The company--which focuses on gamers--said the HyperX QuadCast microphone includes four polar pattern choices, a gain control, pop filter, and other features. The new microphone costs $139.99, and is targeted at gamers using PC, PlayStation 4, and Mac platforms.

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Kyriba Finds $160M In Majority Private Equity Funding

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San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 billion. According to Kyriba, the investment will help it accelerate innovation and growth of its platform.

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Grindr's Chinese Owner Pressured To Sell Company

socalTECH

The current, Chinese owners of gay and bisexual dating app developer Grindr is being pushed to divest the company, on concerns over national security, according to a report from Reuters. Grindr is owned by Beijing Kunlun Tech Co Ltd., which acquired Grindr in 2016. According to the report, the Committee on Foreign Investment in the United States (CFIUS) is concerned about Kunlun Tech's access to personal data derived from Grindr's service.

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LA Area Uber Drivers Go On Strike

socalTECH

A group of Los Angeles area Uber and Lyft drivers have gone on strike , protesting a 25 percent cut in pay rates in Los Angeles. According to the group Rideshare Drivers United , Uber recently implemented a 25 percent wage cut to its drivers here. The group is now seeking a guaranteed, $28 per hour minimum rate for drivers. Rideshare Drivers United had called for a 25 hour strike, from midnight at 3/25 until 1 am 3/26.

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Blind Squirrel Entertainment Names CFO

socalTECH

Santa Ana-based videogame developer Blind Squirrel Entertainment , which develops such titles as Xcom 2, The Sims 4, Prey, Bioshock, and others, said on Thursday that it has named Steve Sardegna as the company's new Chief Financial Officer. Sardegna had previously served as Executive Vice President, Chief Financial Officer and Co-founder for fifteen years at Foundation 9 Entertainment, and also served at such companies at Vulcan Programming, Virgin Interactive Entertainment, and KPMG.

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EDF Renewables Wins Wind Project Deal With Tucson Electric

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San Diego-based renewable energy developer EDF Renewables North America reported a win on Thursday, with Tucson Electric Power (TEP). According to EDF Renewables, it will build a 247.4 megawatt wind project, the Oso Grande Wind Project, in southeaster New Mexico, for TEP. Financial details of the win were not announced. According to the company, the project includes 61 wind turbines, and will be TEP's largest renewable energy resource.

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Rocket Lab Delivers Another Payload To Space

socalTECH

Huntington Beach-based rocket developer Rocket Lab , which has developed a rocekt specifically for launching small satellite payloads into space, had a successful launch on Thursday, sending a payload for DARPA into orbit. According to Rocket Lab, the R3D2 mission successfully launched form its launch complex in New Zealand at 23:27 UTC, on its Electron rocket.

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HyperX Expands Rosters Of Brand Ambassadors, Adds Soccer's Raphael Varane

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Fountain Valley-based gaming accessories maker HyperX announced this morning that it has expanded its roster of brand ambassadors, and has added French soccer player Raphael Varane as a HyperX Gaming Brand Ambassador. Varane plays on the French national team. Financial details of the endorsement deal were not announced. HyperX has been signing up a significant list of "brand ambassadors" from the sporting world, as well as musicians and other influencers, who use the company's products and are f