Expert insights. Personalized for you.
Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. MORE
Round 19 of the TechEmpower Framework Benchmarks project is now available! This project measures the high-water mark performance of server side web application frameworks and platforms using predominantly community-contributed test implementations. MORE
This is one of those “My dad used to say” homilies. You’ve probably heard the accompanying “It takes just as much effort to sell a small deal as a big one,” over the years. It is not that simple in the business world. The truth of this is more nuanced. MORE
Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Size and terms of the investment were not announced. According to Workspace, the additional capital also comes as it has hired a new President, Chief Operating Officer, VP of Sales, and VP of Engineering. WorkSpace was founded by Alan Bedekar. MORE
The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. MORE
Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. MORE
Santa Monica-based Snap Inc. said today--unsurprisingly--that it will run its annual partner summit online. Snap said its Snap Partner Summit will take place virtually on June 11th, and will features video keynotes as well as video breakout sessions. The company said those keynotes will feature Snap Inc. co-founders Evan Spiegel, Chief Executive Officer, and Bobby Murphy, Chief Technology Officer, along with others. MORE
Chief, a private executive organization designed to help women network their way into positions of power, had big plans to open a 13,000-square-foot, multiuse clubhouse on La Cienega Boulevard near Melrose Avenue this spring MORE
Jeff Bezos didn't get to be the world's richest man by writing a lot of checks, and one recent way to keep Amazon's profits healthy has been to cut its affiliate commissions scheme. MORE
La Jolla-based Platform Science , a developer of fleet management software and technology, has raised $42M in a Series B funding, the company disclosed recently. The funding was led by Prologis, and also include Daimler Trucks AG, 8VC, NewRoad Capital Partners, Schematic Ventures, and Cambridge Capital. Platform Science had announced a partnership with Daimler Trucks North America, along with Daimler's participation in its Series B, at the beginning of May. MORE
Wednesday, June 3, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA. See [link] (more MORE
Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire MORE
Beverly Grove-based furniture startup Fernished Inc. has raised a $15 million Series A, bringing its total funding to $45 million MORE
Frame Wellness Inc., a Santa Monica-based mental health care company, has launched Frame Matching, a service that connects Angelenos with therapists MORE
Privately held biotech ViaCyte has banked $27 million, the majority an installment of cash from a tranched $80 million Series D financing round it closed in late 2018. MORE
The military has long recognized that machine guns are force multipliers for rifles, but businesses have been slow to capitalize on this concept. Sometimes all the planning in the world isn’t enough for business survival, when things change as fast as they do today. MORE
Xconomy Insight is excited to offer two special webinars to our community this June. Sponsored by Eurofins, registration is free to all. MORE
Motiv Space Systems Inc., a Pasadena-based space motion control and robotics company, has developed a modular robotic arm system that can perform on-orbit assembly and satellite servicing tasks MORE
Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire MORE
Goleta-based Apeel Sciencs , a startup developing technology which coats fresh fruit and vegetables with what it calls an "extra peel" to help preserve fruit for longer, has raised a huge, $250M funding round, the company said on Tuesday. The funding was led by GIC. The funding--which values the company at over one billion dollars--adds the company to Southern California's list of "unicorn" companies. MORE
According to Gartner, downtimes cost enterprises an average of $5,600 per minute or $336,000 per hour 1. To prevent this, enterprises require strong network setups and access to the right expertise to promote network reliability. . MORE
Gaming companies, already a nimble bunch, are adapting and even thriving in a Covid-19 world MORE
In a historic first, Hawthorne, California-based SpaceX had a successful launch, and subsequent docking, of a SpaceX Dragon capsule--the Endeavor--with the International Space Station. The launch on Friday went off without a hitch, and the SpaceX Dragon docked with the ISS, delivering Astronauts Bob Behnken and Col. Doug Hurley to the ISS at 10:16 a.m. The successful launch and docking is the first time that the United States has delivered astronauts from its own soil, using U.S. MORE
Kevin Mayer, a longtime Walt Disney Co. executive, has left the company to become chief executive of TikTok, the rapidly growing short-video platform owned by Chinese startup ByteDance Ltd MORE
In a sad testament to the difficult times that have come to the United States, the heart of Silicon Beach--the Third Street Promenade and surrounding areas in Santa Monica--were hit by looting and destruction, even as peaceful groups nearby protested the killing of George Floyd in Minneapolis. MORE
Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. Based on traditional research, getting new customers is five to ten times harder than getting additional revenue from existing customers. MORE
San Diego-based Ascus Biosciences , a developer of feed supplements for animal health and nutrition, said this week that it has raised $46M in a Series B funding round. THe funding was led by Temasek Holdings, and also included Anterra Capital, Formation 8, and Cavallo Ventures (venture capital arm of Wilbur-Ellis), as well as angels. According to Ascus Biosciences, it will use the funding to go towards its customers sales and service teams, new products, as well as its core technology platform. MORE
Los Angeles-based Fernish , a direct-to-consumer furniture rental company, said on Wednesday that it has raised $15M in a Series A funding round. MORE
Carlsbad-base Qualigen , a developer of products for the treatment of cancer and infectious diseases, said this morning that it has completed its merger with publicly traded Ritter Pharmaceuticals (RTTR). The companies said the newly merged company will operate under the name Qualigen Therapeutics, Inc., and the newly merged company will begin trading on the Nasdaq Capital Market today under the symbol QLGN. MORE
Just months ago, COVID-19 began to disrupt society and business in more ways than we could have ever anticipated. MORE
Los Angeles-based mobile app developer Maple Media says it has acquired the mobile application NOAA Hi-Def Radar , which provides weather information, from The E.W. Scripps Company. Financial terms of the acquisition were not announced. NOAA Hi-Def Radar had been acquired by Scripps in 2014, after Scripps acquired WeatherSphere. According to Maple Media, NOAA Hi-Def Radar is one of the highest grossing weathers apps on the App Store, and provides radar, forecasts, and alerts. MORE
Hawthorne-based SpaceX has seen another setback in their efforts to develop its next generation Starship, after a full size prototype of the SpaceX Starship exploded after a test firing of its Raptor engines. Videos show the Starship exploding at SpaceX's test site at Boca Chica, Texas at 1:49 p.m. CDT, with debris falling all around the test site. The Starship is intended to eventually replace the Falcon 9 and Dragon, and is expected to be the basis for SpaceX's plan to deliver humans to Mars. MORE
As an investor, innovation is a term I certainly like to hear these days, but many of you entrepreneurs try to take it to the next level, by claiming to have a “ disruptive innovation.” MORE
Kevin Mayer, a longtime Walt Disney Co. executive, has left the company to become chief executive of TikTok, the rapidly growing short-video platform owned by Chinese startup ByteDance Ltd MORE
Los Angeles-based Two Bit Circus Foundation , the nonprofit, educational organization associated with Two Bit Circus , says it is partnering with the Annenberg Foundation 's educational division, Annenberg Learner , to provide access to more than 150 hands-on science, arts, and tech projects. The projects--all focused on STEAM (science, technology, engineering, art, and math) content--are aimed at educators, parents, and children. MORE
UpKeep Technologies Inc., the Westwood-based work-order management software developer, said it has raised $36 million in a Series B, bringing the company’s total funding to $48.8 million MORE
TechEmpower
MAY 28, 2020
Round 19 of the TechEmpower Framework Benchmarks project is now available! This project measures the high-water mark performance of server side web application frameworks and platforms using predominantly community-contributed test implementations.
L.A. Business Journal
JUNE 1, 2020
Chief, a private executive organization designed to help women network their way into positions of power, had big plans to open a 13,000-square-foot, multiuse clubhouse on La Cienega Boulevard near Melrose Avenue this spring
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Berkonomics
MAY 28, 2020
This is one of those “My dad used to say” homilies. You’ve probably heard the accompanying “It takes just as much effort to sell a small deal as a big one,” over the years. It is not that simple in the business world. The truth of this is more nuanced.
Tech.Co
MAY 26, 2020
Jeff Bezos didn't get to be the world's richest man by writing a lot of checks, and one recent way to keep Amazon's profits healthy has been to cut its affiliate commissions scheme.
socalTECH
JUNE 1, 2020
In a sad testament to the difficult times that have come to the United States, the heart of Silicon Beach--the Third Street Promenade and surrounding areas in Santa Monica--were hit by looting and destruction, even as peaceful groups nearby protested the killing of George Floyd in Minneapolis.
Startup Professionals Musings
MAY 25, 2020
The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy.
SoCal Tech Calendar
MAY 28, 2020
Wednesday, June 3, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA. See [link] (more
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
MAY 26, 2020
Privately held biotech ViaCyte has banked $27 million, the majority an installment of cash from a tranched $80 million Series D financing round it closed in late 2018.
socalTECH
JUNE 1, 2020
In a historic first, Hawthorne, California-based SpaceX had a successful launch, and subsequent docking, of a SpaceX Dragon capsule--the Endeavor--with the International Space Station. The launch on Friday went off without a hitch, and the SpaceX Dragon docked with the ISS, delivering Astronauts Bob Behnken and Col. Doug Hurley to the ISS at 10:16 a.m. The successful launch and docking is the first time that the United States has delivered astronauts from its own soil, using U.S.
Startup Professionals Musings
MAY 30, 2020
Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there.
AllTopStartups
MAY 28, 2020
Just months ago, COVID-19 began to disrupt society and business in more ways than we could have ever anticipated.
L.A. Business Journal
MAY 25, 2020
Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire
Xconomy
MAY 29, 2020
An AbbVie drug that treats pain in the uterus has notched an additional FDA approval for addressing heavy menstrual bleeding associated with uterine fibroids.
socalTECH
MAY 29, 2020
San Diego-based Ascus Biosciences , a developer of feed supplements for animal health and nutrition, said this week that it has raised $46M in a Series B funding round. THe funding was led by Temasek Holdings, and also included Anterra Capital, Formation 8, and Cavallo Ventures (venture capital arm of Wilbur-Ellis), as well as angels. According to Ascus Biosciences, it will use the funding to go towards its customers sales and service teams, new products, as well as its core technology platform.
Startup Professionals Musings
JUNE 1, 2020
The military has long recognized that machine guns are force multipliers for rifles, but businesses have been slow to capitalize on this concept. Sometimes all the planning in the world isn’t enough for business survival, when things change as fast as they do today.
Southern California Edison Blog
MAY 27, 2020
According to Gartner, downtimes cost enterprises an average of $5,600 per minute or $336,000 per hour 1. To prevent this, enterprises require strong network setups and access to the right expertise to promote network reliability. .
L.A. Business Journal
JUNE 1, 2020
Beverly Grove-based furniture startup Fernished Inc. has raised a $15 million Series A, bringing its total funding to $45 million
Xconomy
MAY 27, 2020
Xconomy Insight is excited to offer two special webinars to our community this June. Sponsored by Eurofins, registration is free to all.
socalTECH
MAY 28, 2020
Los Angeles-based Two Bit Circus Foundation , the nonprofit, educational organization associated with Two Bit Circus , says it is partnering with the Annenberg Foundation 's educational division, Annenberg Learner , to provide access to more than 150 hands-on science, arts, and tech projects. The projects--all focused on STEAM (science, technology, engineering, art, and math) content--are aimed at educators, parents, and children.
Startup Professionals Musings
MAY 29, 2020
As an investor, innovation is a term I certainly like to hear these days, but many of you entrepreneurs try to take it to the next level, by claiming to have a “ disruptive innovation.”
Startup Professionals Musings
MAY 31, 2020
Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.
L.A. Business Journal
JUNE 1, 2020
Frame Wellness Inc., a Santa Monica-based mental health care company, has launched Frame Matching, a service that connects Angelenos with therapists
L.A. Business Journal
MAY 25, 2020
Kevin Mayer, a longtime Walt Disney Co. executive, has left the company to become chief executive of TikTok, the rapidly growing short-video platform owned by Chinese startup ByteDance Ltd
L.A. Business Journal
MAY 25, 2020
Gaming companies, already a nimble bunch, are adapting and even thriving in a Covid-19 world
L.A. Business Journal
MAY 25, 2020
Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire
L.A. Business Journal
MAY 25, 2020
Motiv Space Systems Inc., a Pasadena-based space motion control and robotics company, has developed a modular robotic arm system that can perform on-orbit assembly and satellite servicing tasks
L.A. Business Journal
MAY 25, 2020
UpKeep Technologies Inc., the Westwood-based work-order management software developer, said it has raised $36 million in a Series B, bringing the company’s total funding to $48.8 million
L.A. Business Journal
MAY 25, 2020
Kevin Mayer, a longtime Walt Disney Co. executive, has left the company to become chief executive of TikTok, the rapidly growing short-video platform owned by Chinese startup ByteDance Ltd
socalTECH
MAY 28, 2020
Santa Monica-based Snap Inc. said today--unsurprisingly--that it will run its annual partner summit online. Snap said its Snap Partner Summit will take place virtually on June 11th, and will features video keynotes as well as video breakout sessions. The company said those keynotes will feature Snap Inc. co-founders Evan Spiegel, Chief Executive Officer, and Bobby Murphy, Chief Technology Officer, along with others.
socalTECH
MAY 27, 2020
Los Angeles-based Fernish , a direct-to-consumer furniture rental company, said on Wednesday that it has raised $15M in a Series A funding round.
socalTECH
MAY 29, 2020
Hawthorne-based SpaceX has seen another setback in their efforts to develop its next generation Starship, after a full size prototype of the SpaceX Starship exploded after a test firing of its Raptor engines. Videos show the Starship exploding at SpaceX's test site at Boca Chica, Texas at 1:49 p.m. CDT, with debris falling all around the test site. The Starship is intended to eventually replace the Falcon 9 and Dragon, and is expected to be the basis for SpaceX's plan to deliver humans to Mars.
socalTECH
MAY 29, 2020
Los Angeles-based mobile app developer Maple Media says it has acquired the mobile application NOAA Hi-Def Radar , which provides weather information, from The E.W. Scripps Company. Financial terms of the acquisition were not announced. NOAA Hi-Def Radar had been acquired by Scripps in 2014, after Scripps acquired WeatherSphere. According to Maple Media, NOAA Hi-Def Radar is one of the highest grossing weathers apps on the App Store, and provides radar, forecasts, and alerts.
socalTECH
MAY 29, 2020
Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Size and terms of the investment were not announced. According to Workspace, the additional capital also comes as it has hired a new President, Chief Operating Officer, VP of Sales, and VP of Engineering. WorkSpace was founded by Alan Bedekar.
Startup Professionals Musings
MAY 27, 2020
Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. Based on traditional research, getting new customers is five to ten times harder than getting additional revenue from existing customers.
socalTECH
MAY 26, 2020
La Jolla-based Platform Science , a developer of fleet management software and technology, has raised $42M in a Series B funding, the company disclosed recently. The funding was led by Prologis, and also include Daimler Trucks AG, 8VC, NewRoad Capital Partners, Schematic Ventures, and Cambridge Capital. Platform Science had announced a partnership with Daimler Trucks North America, along with Daimler's participation in its Series B, at the beginning of May.
socalTECH
MAY 26, 2020
Carlsbad-base Qualigen , a developer of products for the treatment of cancer and infectious diseases, said this morning that it has completed its merger with publicly traded Ritter Pharmaceuticals (RTTR). The companies said the newly merged company will operate under the name Qualigen Therapeutics, Inc., and the newly merged company will begin trading on the Nasdaq Capital Market today under the symbol QLGN.
socalTECH
MAY 26, 2020
Goleta-based Apeel Sciencs , a startup developing technology which coats fresh fruit and vegetables with what it calls an "extra peel" to help preserve fruit for longer, has raised a huge, $250M funding round, the company said on Tuesday. The funding was led by GIC. The funding--which values the company at over one billion dollars--adds the company to Southern California's list of "unicorn" companies.
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