Trending Articles

A new Tesla Model S can now drive from Los Angeles to San Francisco on a single charge

TechCrunch LA

Tesla has announced that it has extended the range of its Model S vehicle to 370 miles and Model X to 325 miles on a single charge — extending the range of its flagship car to make the trip from Los Angeles to San Francisco on a single charge. .

Your core competency and why not to stray

Berkonomics

Consider your core. It is the one skill, process or advantage you have over your competition. Then think of all the things you do to surround that core with people and assets that complete your company and allow you to release your product or perform your service.

How Rolebot Wants To Eliminate The Resume, With Shane Bernstein

socalTECH

Anyone who hires anyone, or has ever looked for a jobs knows how important a resume is. However, in the technical arena--as a programmer, developer, or software engineer--it's hard to tell from a resume how good you really are. Plus, it's often difficult to find that technical talent, which might not be looking for a job. That's where Los Angeles-based Rolebot (www.rolebot.net) comes in.

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Recurring Revenue Conference

SoCal Tech Calendar

Wednesday, May 1, 2019 -- Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey. Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS and Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more.

Can We Afford to be Cured? A Conversation with ICER’s Steve Pearson

Xconomy

New cell and gene therapies bring the possibility of cures once hardly imaginable. But the potential cures could also cost millions of dollars, like Novartis (NYSE: NVS ), the owner of the gene therapy Zolgensma, has suggested in advance of an imminent FDA approval decision.

Beyond Meat prices its public offering

TechCrunch LA

Beyond Meat , the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has priced its initial public offering.

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Led by LA-based March Capital, Astound raises $15.5 million for employee help desk automation services

TechCrunch LA

Astound , a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners.

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany, and Taiwan, is hoping to line up the new capital from some more recognizable names as it finalizes supply deals with vendors, according to a person with knowledge of the company’s plans.

Semtech Wins Audio Networking Design

socalTECH

Camarillo-based semiconductor developer Semtech said this morning that it has a new design win, this time with its BlueRiver technology. According to Semtech, IDK Corporation, a developer of professional A and broadcast equipment, is linking its audio networking with Software Defined Video Over Ethernet (SDVoE) using its BlueRiver products. Shipment volumes and expected financial impact of the win were not announced.

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Cedars-Sinai Backs Censinet In $7.8M For Risk Management

socalTECH

Los Angeles-based Cedars Sinai is one of the major backers of a new startup, Censinet , in the company's Series A funding. According to Censinet, it raised $7.8M in a Series A, co-led by HLM Venture Partners and Cedars-Sinal Health System, to provide third party risk management for healthcare providers. The funding also included seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.

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BlueNalu Expands In San Diego, Aims To Grow Fish Tissue For Food

socalTECH

San Diego-based BlueNalu , a developer of cellular technology being applied to the aquaculture and sustainable seafood industry, said it is expanding in San Diego, with a move to a larger research facility. According to the company, the move will help it on its efforts to commercialize its technology.

Qulab Applies Artificial Intelligence To Drug Design

socalTECH

Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. The startup--backed by Cota Capital, Civilization Ventures, Plug and Play, and 415--says that Quleap automated small molecule, synthesis planning, and a cloud engine for simulating biomolecules.

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Report: Comcast Considering Sale Of Stake In Hulu

socalTECH

It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. According to CNBC, Comcast is looking to sell its current 30 percent stake in Hulu to Disney. The report named "people familiar with the matter" in the report. Hulu just purchased a 9.5

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Wavemaker Partners Leads Investment In Cognitive Health Startup

socalTECH

Los Angeles-based Wavemaker Partners is one of the lead investors in a round for a cognitive health startup, Savonix , in an extension of its Series A funding. Savonix said it raised $9.6M in a Series A extension round which was led by Fusion Fund and Wavemaker Partners, boosting its total Series A financing to $14.7M. The investment round also included DEFTA Partners, Rethink Impact, and DigiTx Partners.

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Happy Returns Raises $11M, Gets Strategic Backing From PayPal

socalTECH

Santa Monica-based Happy Returns , the returns logistics company led by David Sobie, announced this morning that it has raised $11M in a financing round, which included a strategic investment from PayPal. Prior investors U.S. Venture Partners and Upfront Ventures also participated in the funding. Happy Returns has now raised $25M in total, and has now grown to a total of 55 employees.

Poseida Therapeutics Finds $142M

socalTECH

San Diego-based Poseida Therapeutics , a biopharmaceuticals startup developing non-viral gene engineering technology, has raised $142M in a Series C funding, the company said on Monday. According to the company, the funding was led by Novartis Pharma AG, which invested $75M in the round. Other investors in the round included Aisling Capital Management, Pentwater Capital Management, Perceptive Advisors, plus Malin Corporation plc., Longitude Capital, Vivo Capital and Boxer Capital, LLC.

HyperX Rolls Out New DDR4 Memory

socalTECH

Fountain Valley-based HyperX , the gaming division of memory maker Kingston Technology, has rolled out two new DDR4 memory kits, aimed at system builders and DIY PC enthusiasts. According to Kingston, its new Predator DDR4 memory kits, available in 4266MHz and 4600MHz frequency versions, are available as 8GB modules in kits of two. Pricing on the new devices were not announced.

ZipRecruiter CMO Resigns After Report On Alleged Sexual Misconduct

socalTECH

The Chief Marketing Officer of high flying, Los Angeles-based job recruiting technology developer ZipRecruiter has resigned from the company, after a story was published last week by BuzzFeed, detailing alleged sexual misconduct at his prior employer, Uber. Eyal Gutentag reportedly resigned on Friday. According to the report, Gutentag had been terminated from his job at Uber in 2015, over an alleged sexual battery incident, before later joining ZipRecruiter as CMO.

Down To Shop Snags Funding For Funny Shopping App

socalTECH

Los Angeles-based Down To Shop , a startup which combines humorous videos, a mobile app, and shopping, has scored funding from Greycroft Ventures, Lerer Hippeau, and Firstmark, the company said this week. Financial details of the funding have not been announced, but the company previously raised around $5.9M in a funding round in 2018, based on regulatory filings from the company. The startup was founded by Cyrus Summerlin and Max Hellerstein.

Snap Sees Active User Increase, But Still Seeing Steep Losses

socalTECH

Santa Monica-based Snap Inc. , the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million. However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M. Its Q1 revenues were up 39 percent compared to last year.

Clubspeed Collects $20M

socalTECH

Corona, California-based Clubspeed , a software developer which develops software used by entertainment and activity centers to manage their business, has raised $20M in a funding round, according to investor Bellwether Financial Group. Bellwether said it joined Navadon Capital Partners in the $20M funding round, which gives the two companies a majority interst in Clubspeed.

EvoNexus Launches Fintech Startup Effort

socalTECH

San Diego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. Acording to EvoNexus, it is seeking early stage companies with emerging financial technology to the new fintech incubator program.

Perspectium Finds $8M For Service Management Integration Tools

socalTECH

San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. The investment came from TVC Capital. According to Perspectium, the new funding will help it continue expansion to global markets, and launch new products.

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Two Bit Circus Aims At Game Developers, Offers Up Game Experiences

socalTECH

Los Angeles-based Two Bit Circus , which has a "micro amusement park" which incorporates technology, games, entertainment, and more in its own physical, 38,000 square foot space, is offering up a new program which seeks to link with game developers. According to Two Bit Circus, it has launched a new " Park as a Platform ", where it will work with game developers to adapt those games and experiences for "location-based entertainment".

March Capital Leads $15.5M Round In AI Startup

socalTECH

Los Angeles-based March Capital is the lead investor in an artificial intelligence startup, which is aiming at improving employee service, as it further continues its theme of investing in big data, artificial intelligence, and machine learning startups in the enterprise.

Google Adds EV Charging Stations To Maps

socalTECH

Google is surfacing the location of electric vehicle (EV) charging stations in Southern California, and elsewhere, on Google Maps, the company announced on Tuesday morning. According to Google, users can load Google Maps on their desktop, Android phone, iOS, and Android Auto and search for "ev charging stations" and see the location of the nearest stations run by such partners as Chargemaster, EVgo, SemaConnect and soon ChargePoint. The new feature is available in both the U.S. and the UK.

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Impact Rolls Out New Deep Linking Support For Mobile Affiliates

socalTECH

Santa Barbara-based Impact , which develops software used by brands to manage partnership and affiliate programs, has launched a new product to help those companies with managing mobile linking. According to IMpact, it has added "deep linking" to specific product pages in apps, and tracking of in-app clicks and conversions for "partner attribution", in and enhancement to its platform. The company said the move will help marketers drive more revenue and higher mobile conversion rates.

Slingshot Aerospace Wins $6M Air Force Award

socalTECH

Los Angeles- and Austin-based Slingshot Aerospace , the venture-backed developer of artificial intelligence software for processing satellite, aerial, and drone imaging, said this morning that it has won a $6M contract award, from the Air Force Space and Missile Systems Center (SMC). According to the company, the award goes towards use of its software for "next-generation" space situational awareness and enterprise space battle management.

Avidity Biosciences Lands $35M In Deal With Lilly

socalTECH

La Jolla-based Avidity Biosciences , a developer of biopharmaceuticals that uses monoclonal antibodies and oligonucleotide-based therapeutics, said on Monday that it has received $20M in an upfront payment, as well as an investment of $15M in a deal with Lilly. According to Avidity, the company is also eligible to receive up to approximately $405 million per target for development, regulatory and commercialization milestones, as well as tiered royalties on product sales.

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Beyond Meat Sets IPO Pricing Range

socalTECH

Los Angeles-based Beyond Meat , which develops plant-based meat products, which look and taste like real meat, has set its IPO pricing range, as its preps to go public. According to Beyond Meat, it expects an initial offering price of between $19.00 and $21.00 per share. The company has applied to list on the Nasdaq Global Market as BYND. Beyond Meat's IPO is being underwritten by Goldman Sachs & Co. LLC, J.P. Morgan, Credit Suisse, BofA Merrill Lynch, Jefferies, and William Blair.