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KB Home Goes High Tech At New Irvine Development

socalTECH

KB Home's Genoa at Orchard Hills development will have 110 homes, ranging in size from 3,550 to 3,950 square feet, with prices beginning at $1.7M. KB Home explained that its DARWIN smart "home wellness technology" includes sensors monitoring air filtration, water purification and "restorative lighting". READ MORE>>.

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High Tech Fitness: How it’s Changing the Game

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The rise of high-tech fitness has taken the industry by storm with everything from wearable fitness trackers to smart jump ropes. No longer content with an overpriced gym that comes with little to no guidance on how to achieve their goals, people are turning more and more to high tech fitness instead.

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Insights and Opinions: Founder Restricted Stock 101

socalTECH

With our Insights and Opinions section on socalTECH, we're trying to help the startup and high tech community, including including hints, tips, and other education on the world of high tech startups. The repurchase price is generally equal to the price the founder paid for the restricted stock, typically a nominal amount.

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Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital.

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FTD Files Chapter 11: Long, Complex Path Through SoCal's Tech Industry

socalTECH

In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy. FTD acquired San Diego's ProFlowers in 2014, paying $430M for the online flower and gift delivery service. United Online was acquired by B. READ MORE>>.

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Snap Sees IPO Pop, Surges To Over $25.00 Per Share In Early Trading

socalTECH

The company--which priced at $17.00 Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. Venice-based Snap Inc. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 billion each.

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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

It appears that IPO season has just opened in Southern California's high tech community, with more IPO activity in the last couple of weeks than the region has seen in the last year, including an IPO in the works for Ventura-based The Trade Desk , which just set its estimated IPO range ; another for Everbridge , which was started in Glendale, also (..)

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