INDUSTRY INSIGHTS YOUR PEERS ARE READING
Goleta-based Procore , the develops of mobile-enabled, construction management software led by Tooey Courtemanche, appears to be headed for an IPO, and reportedly has hired Goldman Sachs to lead its IPO, according to a report. Bloomberg said, citing "people with knowledge of the matter", that Procore's initial public offering could value the company at more than $4 billion. MORE
A popular approach for aspiring entrepreneurs these days seems to be to corner anyone who will listen, with a pitch on their current “million dollar idea.” The initial monologue usually ends with the question “How much money do you think this is worth?” MORE
Saturday, September 21, 2019 -- AMAOC Marketing Tech Summit. The AMAOC is hosting their 2nd annual Marketing Tech Summit at UCI. Keynote: MarTech in the Era of Customer Journey by Annette Franz Four tracks focused on marketing technology, customer journey and career advancement. See [link] (more MORE
San Diego-based Citadel Defense , which develops counter-drone technology for the military, government, and commercial market, reported today that it has scored a contract from the U.S. Air Force (USAF), where its technology will be used to detect and adaptively jam any drone swarms. Financial details of that contract were not announced. Citadel says its counter drone technology was "extensively validated" over 18 months by the The U.S. Department of Defense and Department of Homeland Security. MORE
The City of Los Angeles and investment firm Goren Holm Ventures --the new Blockchain investment firm of Alon Goren and Josef Holm--said they will be funding a blockchain pitch contest at the upcoming CIS blockchain conference. MORE
Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. You shouldn’t be making this decision just because you are mad at your boss, or you would like to be rich, or someone else thinks you have a good idea. MORE
Friday, September 27, 2019 -- TuesdayNights Impact Conference. Over 100 Female Entrepreneurs and Thought Leaders Unite for TuesdayNights inaugural Impact Conference at the Annenberg Community Beach House on Friday, September 27th. MORE
3L Capital led the Series A financing round, which AvantStay will use to advance its rental technologies and acquire more properties for clients to rent MORE
We all have to communicate and collaborate with other people at work, but most of us start out instinctively trying to maintain an emotional distance from others in the work environment. MORE
Congratulations Southern California Gelsons store shoppers, you’re getting Impossible Foods on your grocery shelves. The meatless ground meat substitute will be appearing in stores across the Southern California as the first step in a phased nationwide rollout on Friday. MORE
Los Angeles-based Steereo , which pays ridesharing drivers to stream new music to their riders, has raised a round of funding, which came from Moonshots Capital, Halogen Ventures, Moving Capital, Quake Capital, AET Fund, Beresford Partners, Fall Creek Capital, and Hawke Ventures. Financial details of the funding were not announced. Steereo was co-founded by Anne Kavanaugh and Jennifer Cullen. Steereo's mobile music platform helps connect music fans with new music. MORE
3L Capital led the Series A financing round, which AvantStay will use to advance its rental technologies and acquire more properties for clients to rent MORE
In an era, where every single streaming music service seems to be the same thingindistinguishable from each otherhow do they differentiate and create customer loyalty? Los Angeles-based Super Hi-Fi (www.superhifi.com) has created what co-founder and CEO Zach Zalon says is an artificial intelligence driven service which brings a sense of personalization and connection to those services, to help them retain and attract customers. We spoke with Zach about the company and its technology. MORE
One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Then there are the additional challenges of balancing the demands of family and friends. Having too much on your plate can turn your dream into a nightmare. MORE
Culver City-based Clutter , which operates a technology-enabled, self storage service which picks up, stores, and retrieves your excess stuff on demand, has acquired an operator of self storage services in the New York market, The Storage Fox. According to Clutter, it paid $152M for the portfolio of The Storage Fox, which has four properties in New York, in Long Island City, Brooklyn, White Plains and Yonkers. MORE
California Lutheran University (CLU), in Thousand Oaks, says it has launched a new graduate program to help fill roles in the growing cybersecurity industry, providing a Masters of Science in Information Technology (MSIT). CLU--which announced the new program on Friday--said the program is aimed at helping filling the growing demand for filling cybersecurity teams. MORE
Amplyx Pharmaceuticals, which is testing a new type of drug against life-threatening infections acquired by patients with compromised immune systems, has acquired the rights to another drug that could also be of use in treating those with limited ability to fight off sickness. MORE
Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July MORE
San Diego-based Boundless Bio , a startup that is developing treatments for aggressive cancers, has raised $46.4M in a Series A funding round. The funding was co-led by ARCH Venture Partners and City Hill Ventures, and also included Vertex Ventures, GT Healthcare Capital Partners, Boxer Capital of the Tavistock Group, Alexandria Venture Investments, and other undisclosed investors. MORE
In the nucleus of human cells sit our chromosomes, comprised mainly of tightly wound DNA. MORE
Huntington Beach-based Rocket Lab , the developer of small satellite launch rockets, is nearing completion of its very first launch facility in the United States, the company said this week. According to Rocket Lab, its facility--at Wallops Island, Virginia--is expected to host its very first launched in early 2020. The launch pad, at Launch Complex 2 at the NASA facility in Virginia, will allow the company to launch U.S. government payloads. MORE
Rivian , the electric truck maker which has offices in Irvine, has received an order for 100,000 electric delivery trucks from Amazon , according to Amazon CEO Jeff Bezos on Thursday. Rivian--which is based in Michigan, but has development offices in Irvine--develops electric powered pickups and other trucks. Rivian had raised $700M from Amazon earlier in the year. MORE
Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July MORE
When the economy tanks as it did in the last recession, that’s a strong signal that things have to change, and it’s hard to miss. But most of us in business have to deal most of the time with weak signals, or change that is happening in a far more subtle way. MORE
Esports league organizer PlayVS announced Sept. 19 it raised a $50 million Series C to hire more staff and further its reach into amateur esports competitions MORE
Chatsworth-based DDN IntelliFlash Enterprise Storage business unit from Western Digital , the company said on Thursday. Financial terms of the acquisition were not announced. According to the two, the acquisition is part of a larger, strategic partnership with Western Digital, which also includes a mutual global strategic sourcing agreement. MORE
Let’s talk about surprises. And whether to warn your superiors or your boards about these unraveling events early. You have a dashboard or KPI’s, don’t you? MORE
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Few seek out companies in Indianapolis, Milwaukee or Tampa. MORE
SEPTEMBER 21, 2019
If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. MORE
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. MORE
TechCrunch LA
SEPTEMBER 21, 2019
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel.
Berkonomics
SEPTEMBER 19, 2019
Let’s talk about surprises. And whether to warn your superiors or your boards about these unraveling events early. You have a dashboard or KPI’s, don’t you?
L.A. Business Journal
SEPTEMBER 17, 2019
Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July
Startup Professionals Musings
SEPTEMBER 21, 2019
If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing.
socalTECH
SEPTEMBER 20, 2019
California Lutheran University (CLU), in Thousand Oaks, says it has launched a new graduate program to help fill roles in the growing cybersecurity industry, providing a Masters of Science in Information Technology (MSIT). CLU--which announced the new program on Friday--said the program is aimed at helping filling the growing demand for filling cybersecurity teams.
TechCrunch LA
SEPTEMBER 19, 2019
Congratulations Southern California Gelsons store shoppers, you’re getting Impossible Foods on your grocery shelves. The meatless ground meat substitute will be appearing in stores across the Southern California as the first step in a phased nationwide rollout on Friday.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
SEPTEMBER 19, 2019
Esports league organizer PlayVS announced Sept. 19 it raised a $50 million Series C to hire more staff and further its reach into amateur esports competitions
Startup Professionals Musings
SEPTEMBER 16, 2019
A popular approach for aspiring entrepreneurs these days seems to be to corner anyone who will listen, with a pitch on their current “million dollar idea.” The initial monologue usually ends with the question “How much money do you think this is worth?”
socalTECH
SEPTEMBER 20, 2019
Culver City-based Clutter , which operates a technology-enabled, self storage service which picks up, stores, and retrieves your excess stuff on demand, has acquired an operator of self storage services in the New York market, The Storage Fox. According to Clutter, it paid $152M for the portfolio of The Storage Fox, which has four properties in New York, in Long Island City, Brooklyn, White Plains and Yonkers.
TechCrunch LA
SEPTEMBER 18, 2019
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Few seek out companies in Indianapolis, Milwaukee or Tampa.
Xconomy
SEPTEMBER 19, 2019
In the nucleus of human cells sit our chromosomes, comprised mainly of tightly wound DNA.
L.A. Business Journal
SEPTEMBER 16, 2019
Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July
Startup Professionals Musings
SEPTEMBER 20, 2019
When the economy tanks as it did in the last recession, that’s a strong signal that things have to change, and it’s hard to miss. But most of us in business have to deal most of the time with weak signals, or change that is happening in a far more subtle way.
socalTECH
SEPTEMBER 16, 2019
The City of Los Angeles and investment firm Goren Holm Ventures --the new Blockchain investment firm of Alon Goren and Josef Holm--said they will be funding a blockchain pitch contest at the upcoming CIS blockchain conference.
SoCal Tech Calendar
SEPTEMBER 15, 2019
Saturday, September 21, 2019 -- AMAOC Marketing Tech Summit. The AMAOC is hosting their 2nd annual Marketing Tech Summit at UCI. Keynote: MarTech in the Era of Customer Journey by Annette Franz Four tracks focused on marketing technology, customer journey and career advancement. See [link] (more
Xconomy
SEPTEMBER 17, 2019
Amplyx Pharmaceuticals, which is testing a new type of drug against life-threatening infections acquired by patients with compromised immune systems, has acquired the rights to another drug that could also be of use in treating those with limited ability to fight off sickness.
L.A. Business Journal
SEPTEMBER 19, 2019
3L Capital led the Series A financing round, which AvantStay will use to advance its rental technologies and acquire more properties for clients to rent
Startup Professionals Musings
SEPTEMBER 22, 2019
We all have to communicate and collaborate with other people at work, but most of us start out instinctively trying to maintain an emotional distance from others in the work environment.
socalTECH
SEPTEMBER 20, 2019
Goleta-based Procore , the develops of mobile-enabled, construction management software led by Tooey Courtemanche, appears to be headed for an IPO, and reportedly has hired Goldman Sachs to lead its IPO, according to a report. Bloomberg said, citing "people with knowledge of the matter", that Procore's initial public offering could value the company at more than $4 billion.
Startup Professionals Musings
SEPTEMBER 18, 2019
Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. You shouldn’t be making this decision just because you are mad at your boss, or you would like to be rich, or someone else thinks you have a good idea.
L.A. Business Journal
SEPTEMBER 19, 2019
Pasadena-based Kitchen United, which operates remote kitchen facilities for restaurants, finalized a $40 million Series B raise Sept.
L.A. Business Journal
SEPTEMBER 18, 2019
3L Capital led the Series A financing round, which AvantStay will use to advance its rental technologies and acquire more properties for clients to rent
socalTECH
SEPTEMBER 20, 2019
Chatsworth-based DDN IntelliFlash Enterprise Storage business unit from Western Digital , the company said on Thursday. Financial terms of the acquisition were not announced. According to the two, the acquisition is part of a larger, strategic partnership with Western Digital, which also includes a mutual global strategic sourcing agreement.
Startup Professionals Musings
SEPTEMBER 15, 2019
One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Then there are the additional challenges of balancing the demands of family and friends. Having too much on your plate can turn your dream into a nightmare.
socalTECH
SEPTEMBER 17, 2019
Los Angeles-based Steereo , which pays ridesharing drivers to stream new music to their riders, has raised a round of funding, which came from Moonshots Capital, Halogen Ventures, Moving Capital, Quake Capital, AET Fund, Beresford Partners, Fall Creek Capital, and Hawke Ventures. Financial details of the funding were not announced. Steereo was co-founded by Anne Kavanaugh and Jennifer Cullen. Steereo's mobile music platform helps connect music fans with new music.
socalTECH
SEPTEMBER 17, 2019
San Diego-based Citadel Defense , which develops counter-drone technology for the military, government, and commercial market, reported today that it has scored a contract from the U.S. Air Force (USAF), where its technology will be used to detect and adaptively jam any drone swarms. Financial details of that contract were not announced. Citadel says its counter drone technology was "extensively validated" over 18 months by the The U.S. Department of Defense and Department of Homeland Security.
socalTECH
SEPTEMBER 19, 2019
Rivian , the electric truck maker which has offices in Irvine, has received an order for 100,000 electric delivery trucks from Amazon , according to Amazon CEO Jeff Bezos on Thursday. Rivian--which is based in Michigan, but has development offices in Irvine--develops electric powered pickups and other trucks. Rivian had raised $700M from Amazon earlier in the year.
socalTECH
SEPTEMBER 19, 2019
Huntington Beach-based Rocket Lab , the developer of small satellite launch rockets, is nearing completion of its very first launch facility in the United States, the company said this week. According to Rocket Lab, its facility--at Wallops Island, Virginia--is expected to host its very first launched in early 2020. The launch pad, at Launch Complex 2 at the NASA facility in Virginia, will allow the company to launch U.S. government payloads.
socalTECH
SEPTEMBER 19, 2019
San Diego-based Boundless Bio , a startup that is developing treatments for aggressive cancers, has raised $46.4M in a Series A funding round. The funding was co-led by ARCH Venture Partners and City Hill Ventures, and also included Vertex Ventures, GT Healthcare Capital Partners, Boxer Capital of the Tavistock Group, Alexandria Venture Investments, and other undisclosed investors.
socalTECH
SEPTEMBER 18, 2019
In an era, where every single streaming music service seems to be the same thingindistinguishable from each otherhow do they differentiate and create customer loyalty? Los Angeles-based Super Hi-Fi (www.superhifi.com) has created what co-founder and CEO Zach Zalon says is an artificial intelligence driven service which brings a sense of personalization and connection to those services, to help them retain and attract customers. We spoke with Zach about the company and its technology.
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