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What Entrepreneurs Can Learn From The Comanche’s Tech Absorption Curve


A version of this article previously appeared in Forbes.

Pairwise Picks Up $25M


San Diego-based Pairwise Plants , which is applying gene editing to the agriculture industry, said this week that it raised $25M in a Series A funding round. The funding was led by Deerfield Management and Monsanto Growth Ventures (MGV). Dr. Tom Adams is CEO of Pairwise, which was founded by Drs. Feng Zhang, David Liu and J. Keith Joung. READ MORE>>. pairwise gene editing agriculture venture capital monsanto Finds $14M For Social Networking For Religious Communities


Westlake Village-based , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners. The startup, led by CEO Steve Gatena, has been based at California Lutheran University's Hub101 Incubator, and received a stealth seed funding round last year from Science and Greylock, which had not previously been announced.

CMS Starts to Cover Broad Cancer DNA Tests, Boosting Foundation, Thermo


The Centers for Medicare & Medicaid Services, which administers the federal Medicare insurance program, will begin covering FDA-approved diagnostic tests that scan tumors for a range of genetic mutations.

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Hungry for Innovation, Big Food Firms Seek Alliances With Startups


Big Food is getting serious about innovation. Many top food companies are increasingly pumping money into supporting young, innovative startups, according to a recent analysis by CB Insights.

Silicon Beach Report March 21: Aerospace Sets Tentative Arrival Date for Tiangong-1

L.A. Business Journal

Aerospace expects Tiangong-1 to land in early April; launches fund aimed at blockchain; and Europe proposes tax on tech giants

LA Fintech Demo Mix Mingle Network

SoCal Tech Calendar

Thursday, March 22, 2018 -- LA Fintech Demo Mix Mingle Network. Come mix and mingle with other Financial Technologist's Thursday March 22nd. Learn about the newest and fastest changes going on in financial technology. Finance is undergoing a massive change some call the "financial paradigm" or "crypto wars". Laws from 1930-1940 (old right?) are getting broken down with technological innovation in finance. Find partners, talk about your project, bounce ideas, discover LA Fintech. See [link] (mor

How about your board members’ time commitments?


Expect a board member to give a meeting a month, emails and phone calls between. Urgent issues require more of all. Board members are usually busy people, often running other companies or serving on multiple boards.

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Uber Self Driving Car Kills Woman In Arizona


One of Uber 's self driving car has killed a woman , while in autonomous mode, according to police in Tempe, Arizona. According to police reports, Uber's vehicle was in autonomous mode when the woman was killed on Sunday evening. Uber kicked off its self driving car program in Tempe in February of 2017, after the California DMV stripped Uber of its license to operate self-driving car permits.

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Five Unlikely Competitors in the Race for Driverless Cars: Slideshow


View the Slideshow Now that we know autonomous vehicles are going to be a real thing, we are watching an entirely new industry unfold.

UpKeep Lands $10 Million in Series A

L.A. Business Journal

UpKeep, a Los Angeles-based facilities maintenance company, announced $10 million in Series A funding, led by Emergence Capital. As part of the deal, Kevin Spain, a partner at Emergence, will join UpKeep’s board

Social Media, Influencer Marketing, and Millennials

SoCal Tech Calendar

Thursday, March 22, 2018 --.

Techstars Teams With Startup Boost In LA


Startup accelerator operator Techstars has teamed up with Startup Boost , which recently launched a program in Los Angeles, to help more startups get off the ground. According to Techstars, the two will work together to run Startup Boost programs for pre-seed, early stage entrepreneurs around the world. Startup Boost is currently taking applications for its program in Los Angeles, until March 26th, and is also running programs in New York, London, and Toronto.

Second Sight Medical Names New CFO


Sylmar-based medical implant maker Second Sight Medical Products announced this morning that it has named John T. Blake as the company's new Chief Financial Officer. Blake was previously Senior Vice President at aTyr Pharma, and also served at Volcano Corporation and BD Biosciences. Blake replaces Thomas Miller, who had been CFO since 2014. Miller apparently had resigned as CFO in June of 2017, but had remained at his post until the company could find a new CFO. READ MORE>>.

Boring Co. Selected As Finalist For Chicago Tunnel System


The Boring Company , the startup founded by Elon Musk to bore tunnels underneath cities for high speed transportation, is one of two companies now in the running to dig a tunnel underneath downtown Chicago, to O'Hare airport. According to local reports, The Boring Company now just faces one competitior, O'hare Express LLC, a consortium of companies made up of Meridiam, Antarctica Capital, JLC Infrastructure, Mott MacDonald, and First Transit. READ MORE>>.

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How Ordermark Is Taming The Chaos Of Online Restaurant Orders, With Alex Canter


If you run a restaurant, it turns out the move towards online ordering is a recipe for chaos--with multiple online order services and apps, all with their own way of getting orders to your restaurant. Santa Monica-based Ordermark ( is looking to tame that chaos with a system which takes all of those online orders, and feeds them into a single printer at a restaurant.

Connectiv Acquired By Accruent


La Jolla-based Connectiv , a developer of cloud-based, mobile software used by biomedical and clinical engineering groups to manage and control their medical devices and equipment, has been acquired by Austin, Texas-based Accruent. Financial terms of the buy were not announced. Accruent said the acquisition is its seventh in the past 24 months. Accruent was founded in Los Angeles a little over 22 years ago, but was acquired and moved to Texas in 2016. READ MORE>>.

Mobile 100 Launches Online Grocery Delivery In LA

socalTECH , the 90's-era online grocery delivery service brand, is back--thanks to Los Angeles-based According to, it launched the online warehouse club on Wednesday in Los Angeles, offering up next-day delivery of bulk groceries, saying it will delivery fresh produce, meat and packaged groceries, health and beauty products, beer, wine and liquor through its service, at prices similar to a traditional warehouse club--but without a membership fee.

Cylance Teams With VMware


Irvine-based antivirus and endpoint protection software developer Cylance has linked up with virtual server software developer VMware , to apply its software to VMware's Workspace ONE Trust Network, a new effort to plug security providers into VMware's platform. According to Cylance, the collaboration will allow customers to deploy Cylance directly from inside VMware's Workspace ONE platform, to help them prevent malware infections. READ MORE>>.

Chrome River Snags Cornerstone OnDemand Vet As New Chief Sales Officer


Los Angeles-based expense and invoice management software developer Chrome River announced this morning that it has named Matt Gahr as its new Chief Sales Officer. Gahr was most recently Vice President Sales, Americas at Cornerstone OnDemand, where Chrome River said he oversaw more than 100 sales professionals. Gahr also has served at Gevity (now TriNet) and Randstad, and was co-founder of GetListed. READ MORE>>. chrome river executive chief sales officer matt gahr cornerstone ondemand csod

SteelHouse Names Two New Executives


Los Angeles-based advertising software developer SteelHouse said this morning that it has named two new executives at the company. According to SteelHouse, it has named Dan Weiner as SVP of Enterprise Sales/CTV, and Rory Mitchell as VP of Client Success, Head of Accounts. Weiner was most recently head of Western Region Sales for Pandora, and previously served at Clear Channel and CBS, having worked on the FOX Audience Network (Myspace).

TicketGuardian Names New President


Los Angeles-based TicketGuardian , which operates a ticket insurance service for live events, said it has named Casey Callinsky as its new President. Callinsky previously had served as a bank area president for Wells Fargo, where he had served in a variety of positions since 2002, and prior to that, had been at US Bank. TicketGuardian said its founder, Bryan Derbyshire, remains as CEO. READ MORE>>. ticketguardian president live events casey callinsky Targets Blockchain With New Investment Fund


Los Angeles-based Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. According to, it has a target of raising a total of $40M for its fund. The new investment fund is led by Mark Strome. According to, it is looking to invest in enterprises seeking to optimize and accelerate their business with the use of blockchain technology. The company said its executive team includes Sheri Kaiserman and Alan "Koz" Kostrinsky".

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Avalon Ventures Backs Averon For Mobile Identity Verification


La Jolla-based venture investor Avalon Ventures is the lead investor in a round for San Francisco-based Averon , a developer of mobile identity verification software. Averon said today that it has raised $5M in a Series A funding round. The funding was led by Avalon Ventures, and also included Salesforce founder and CEO Marc Benioff. Averon says it has now raised $13.3M in total. Averon says it uses mobile network signaling and hardware in smartphones for its mobile identity software.

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Thrive Market's Founders Create The Alliance For Good With $12.7M


The founders of Los Angeles-based online grocery provider Thrive Market --Gunnar Lovelace, Nick Green and Sasha Siddhartha--announced this morning they have created a new, philanthropic effort called the Alliance for Good , which will provide philanthropic support to social enterprises, advocacy movements and organizations devoted to improving the environment of our world and health of its inhabitants. According to the three, they have funded the Alliance for Good with $12.7M

Bumble Rejects Match Group and Tinder With Full Page Ad


Female-centric dating app developer Bumble has responded to Match Group , the parent company of LA's Tinder , calling Match a "bully" in a full page ad in the New York Times and saying it has "swiped left" on the company. Match Group just sued Bumble over patents, saying Bumble's app was identical to Tinder, after Bumble rejected Match Group's efforts to acquire the company. In its ad, Bumble said "We'll never be yours. No matter the price tag, we'll never compromise our values."

Silicon Beach Report March 20: UpKeep Lands $10 Million in Series A

L.A. Business Journal

UpKeep lands $10 Million in Series A; Bumble responds to Tinder; and 11 Honore receives $8 million funding round

Teledyne Enters Consumables Market For Extreme UV Lithography


Thousand Oaks-based Teledyne Technologies said it is entering the market for consumables for the extreme, ultraviolet lithography (EUV) semiconductor market. According to Teledyne, its subsidiary, Teledyne DALSA, is partnering with ASML Holding N.V. to produce pellicle membranes for use in Extreme Ultraviolet (EUV) lithography-based semiconductor fabrication.