December, 2016

Trending Sources

Snapchat will make Los Angeles a stronger tech hub

TechCrunch LA

If you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Read More.

Domain Registry Company XYZ Gets Permission to Sell Domains in China

L.A. Business Journal

Domain registry company XYZ Inc. has been granted permission by the Chinese government to sell its dot-xyz domain suffix in China, potentially opening up a huge market to the Santa Monica startup. XYZ has sold more than 6 million dot-xyz domains globally. The firm has exclusive rights from Internet Corp.

Somabar Snags $1.5M For Robotic Bartender

socalTECH

Los Angeles-based Somabar , which is developing a robotic bartender which automatically mixes cocktails for you, has raised $1.5M in a bridge funding round, according to lead investor the Tech Coast Angels. Somabar currently is in pre-ordering for its Wi-Fi connected, smartphone-enabled appliance designed for home kitchens. READ MORE>>.

Angel 19

The Xconomy Immuno-Oncology Resource: A Mid-ASH T Cell Update

Xconomy

Xconomy reported last week on the new use of these cells to treat multiple myeloma. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group (2016-12-13)

SoCal Tech Calendar

Tuesday, December 13, 2016 -- Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group. Rewind and unwind at our digital video industry mixer! Our VIP panelists will share their hot takes on the year that was in online video and digital media in general. Join us for lively opinions, refreshments, and games.

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More Trending

Bio Roundup: CAR-T Ups & Downs, Lilly’s Failure, Myeloma & More

Xconomy

We’ve packed some extra stuffing into the roundup this week to account for some burnt turkey delivered by biopharma in the few days before Thanksgiving—starting with Eli Lilly’s failed gamble in Alzheimer’s disease. Lilly wasn’t alone, however.

News 14

ASH Roundup: CAR-T Shuffle, Hemophilia Updates, Checkpoint Progress & More

Xconomy

Two years ago at the American Society of Hematology conference, excitement, not blood, was running in the streets of San Francisco.

OpenX Names CFO, Chief People Officer

socalTECH

Los Angeles-based programmatic advertising marketplace operator OpenX announced this morning that it has made two major executive hires, to support growth at the company. OpenX said it has named Eric W. Muhlheim as its new Chief Financial Officer, and named Laura Revenko as its Chief People Officer. READ MORE>>.

With Cowboys’ Backing, Blue Star Set to Boost Sports Startups

Xconomy

Dallas —Partners with a deep well of subject matter expertise and capital are on the top of any entrepreneur’s wish list. Now an accelerator tailored to sports technology startups might be giving those founders a connection to the ultimate in sports and marketing royalty: the Dallas Cowboys.

Silicon Beach Report Dec. 1: SpaceX Aims to Resume Flights on Dec. 16

L.A. Business Journal

SpaceX aims to resume flights on Dec. 16, Breitbart hits back against boycotting advertisers, and 21st Century Fox invests in augmented and virtual reality glasses company

Germany’s Software AG Adds Analytic Tools with Zementis Buyout

Xconomy

Software AG, a German software giant with 4,300 employees, has acquired San Diego-based Zementis, a specialist in machine learning and data science. Financial terms of the deal were not disclosed, according to a statement Friday, after the acquisition closed last week. While we were ahead of our time when we started, now it’s become mainstream.”

Connect Hands Out 8 Most Innovative New Product Awards

Xconomy

Connect, the San Diego nonprofit supporting local innovation and entrepreneurship, handed out its Most Innovative New Product Awards at a dinner last night in La Jolla—recognizing innovations that range from an inflatable satellite antenna to a mobile app for art museums. There was no William W. Otterson award winner this year.

At Late-Night ASH Talk, Juno Execs Look Beyond Stalled “Rocket” Trial

Xconomy

Juno Therapeutics is still mulling next steps for its lead product, an experimental cancer immunotherapy now stuck in limbo because five of 68 adult leukemia patients in its current study, a clinical trial called “Rocket,” have died from severe brain swelling caused by the treatment. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

An Innovation Snapshot of Medellin, Colombia

Xconomy

The plane is surprisingly not full and my fellow passengers, primarily Hispanics, are in a sleepy good mood. It is the only city in Colombia.

Silicon Beach Report Dec. 6: J2 Global Acquires Everyday Health for $465M

L.A. Business Journal

J2 Global acquires Everyday Health for $465 million, Aerovironment charger is official accessory to Chevy Bolt EV, and Heal Adds Dick Gephardt to board

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Silicon Beach Report Dec. 5: Snapchat Avoids Fake News with Editorial Team

L.A. Business Journal

Snapchat avoids fake news with editorial team, Atom Tickets adds famous film makers to advisory board, and domain registry company XYZ gets permission to sell domains in China

Harman Backs Heads Up Display Maker Navdy

socalTECH

Automotive audio and entertainment systems maker Harman , which has a significant number of its businesses in Southern California, has made a strategic investment in Navdy , a developer of after-market, heads-up and augmented reality devices for the automotive market. Size of the investment was not announced. READ MORE>>.

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AeroVironment Selected By General Motors For New Bolt EV Charging

socalTECH

Monrovia, California-based AeroVironment , which develops both unmanned aerial vehicles and electric vehicle charging stations, has scored a win with General Motors. The company said on Tuesday afternoon that its EVSE-RS charging station has been selected as the official home charging station for GM's new 2017 Chevrolet Bolt EV. READ MORE>>.

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Napkin Finance Targets Life Events With Financial Advice

socalTECH

Los Angeles-based Napkin Finance , the startup which is distilling a lot of difficult-to-understand, but important, financial topics onto simple, "napkin"-like, one page graphical explanations, has made an expansion to its site to cover life events. READ MORE>>. napkin finance financial literacy tools graphics help marriage fintech education

Ingram Micro Acquired By HNA Group In $6 Billion Deal

socalTECH

Irvine-based Ingram Micro and Chinese company HNA Group said this morning that the $6 billion acquisition of Ingram Micro by HNA Group's subsidiary, Tianjian Tianhai Investment Company, Ltd., has completed. Tianjin paid $38.90 per share in cash for Ingram Micro. The deal had been announced earlier. READ MORE>>.

PSI Services Acquires Computer Assisted Testing Services

socalTECH

Burbank-based PSI Services , which provides professional testing services, said today that it has acquired Computer Assisted Testing Services (CATS). Financial terms of the buy were not announced. CATS provides computer-based examinations for organizations in the licensing and certification testing area. READ MORE>>.

GE Spins Out New Startup, Menlo Micro, In Irvine, With $18.7M In Funding

socalTECH

GE Ventures , the venture capital arm of GE , says it has spun out a new startup in Irvine called Menlo Micro. The spinout of GE's Global Research Center is focused on electronic switching technology. As part of the spinout, Menlo Micro has raised $18.7M in a funding round, which came from Microsemi, Corning, Paladin Capital Group, and GE Ventures.

Heal Raises $14.8M, Names Richard Gephardt To Board

socalTECH

Santa Monica-based Heal , the startup which provides on-demand, doctor house calls to patients, has raised $14.8M in a Series B funding, and added former House Majority and Minority Leader and U.S. Presidential Candidate, Richard Gephardt, to its board of directors. The Series B funding came from Fidelity Management and Research Company.

LogicMonitor Signs Quora, Ted Baker

socalTECH

Santa Barbara-based IT infrastructure monitoring software developer LogicMonitor said on Monday that it has signed up Quora and Ted Baker as customers. Financial impact of the customer wins were not announced. The company is backed by Providence Equity Partners. READ MORE>>. logicmonitor quora baker infrastructure monitoring software

ZYXEL Rolls Out MU-MIMO Range Extender

socalTECH

Anaheim-based broadband networking equipment maker ZYXEL Communications says it has rolled out a a new MU-MIMO-ready wireless extender, which will provide up to 400 Mbps at 2.4 GHz and 867 Mbps at 5 GHz to the home. The company's WRE6606 AC1300 MU-MIMO Dual-Band Wireless Range Extender has an estimated street price of $69.99. READ MORE>>.

MabVax Extends Clinical Trials

socalTECH

San Diego-based MabVax Therapeutics , which develops oncology drugs, said it is expanding a Phase I clinical trial for patients with pancreatic cancer. READ MORE>>. mavbax oncology drugs therapeutics pancreatic cancer

CytRx Names New Board Member

socalTECH

Los Angeles-based CytRx , a biopharmaceuticals firm focused on oncology, said it has named Earl Warren Brien, M.D., to its board of directors. Brien is a sarcoma surgeon, industry consultant, and private healthcare investor. READ MORE>>. cytrx biopharma biotech oncology executive earl warren brien surgery

David Sacks Eyes Trump Transition Team

socalTECH

Technology investor and former Southern California tech CEO David Sacks , most recently CEO of Zenefits, is apparently considering a position on the Trump transition team, according to reports over the weekend. It's unclear what role Sacks would have in the new administration; however, he has very close ties to fellow PayPal alumni Peter Thiel.

Atom Tickets Adds Spielberg, J.J. Abrams, Tyler Perry To Advisory Board

socalTECH

Santa Monica-based mobile movie ticketing app developer Atom Tickets announced today that it has added Steven Spielberg , J.J. Abrams , and Tyler Perry to a brand new, advisory board for the company. Atom's co-founder and Executive Chairman is Matthew Bakal, and its co-founder and CEO is Ameesh Paleja. READ MORE>>.

DTS Now Part Of Tessera

socalTECH

Calabasas-based surround sound and audio technology developer DTS is now officially part of Tessera , after Tessera completed its acquisition of DTS on Thursday, the companies said on Thursday afternoon. Tessera paid $850M in cash for DTS, in a deal which had originally been announced in May. READ MORE>>.

ClipCast Launches Multi View, Real Time Video Capture App

socalTECH

A new, San Diego startup, ClipCast , has launched a new mobile app which lets users capture multiple video views from different smartphones, from different angles. The new app is free. ClipCast is led by Manual Jaime, who serves as CEO and is founder of the company. READ MORE>>. android smartphone mobile capture video clipcast

Olloclip To Open Pop-Up Shop, Gallery In LA Next Week

socalTECH

Huntington Beach-based Olloclip , which makes add-on lenses for the iPhone, is launching its own pop-up store and image gallery this holiday season, with a store in LA's Fairfax district. The company said the ImagesSpeakLouder gallery and pop-up shop will let it teach, show, and share examples of mobile photography. READ MORE>>.

Joymode Set To Show Off Experiences At Pop Up Shop

socalTECH

Los Angeles-based Joymode , the new startup led by Joe Fernandez which is hoping to people to invest in experiences, not stuff , is hoping to show off its new service with a pop-up shop in Sunset Junction next week. Joymode said that the new pop-up shop will also be the first place people can sign up for the service without a special invitation.

Fandango Gobbles Up Cinepapaya

socalTECH

Los Angeles-based online ticketing and movie service Fandango continues to be in an acquisitive move, and has acquired Latin American online movie ticketer Cinepapaya. Financial terms of the acquisition were not announced. The acquisition follows an acquisition last year of Brazilian ticketing firm Ingresso.com. READ MORE>>.