Trending Articles

Google builds its own subsea cable from the US to France

TechCrunch LA

Google, like all major internet companies, often participates in building new subsea cables because it wants to own the connectivity between its data centers around the world. Those cables are typically built and owned by a consortium of companies (and sometimes shared by competitors ).

Google 196

SPACES' Shiraz Akmal On Making VR A Real Life Experience

socalTECH

How do you apply virtual reality (VR) technology, and turn it from just a nifty technology trick, to something which is truly a lifelike journey you can experience with friends? Santa Monica-based SPACES (www.spaces.com), led by CEO Shiraz Akmal and a team of entertainment veterans from Dreamworks Animation, is hoping to do that with a series of physical attractions, powered by VR technology.

IP 147

Some Quick Things Every Founder Should Know

Both Sides of the Table

One thing that comes with being a venture capitalist is you see hundreds and hundreds of businesses. You get to have interesting conversations with founders and review business plans and then see how these businesses evolve over the years.

Blue Software Acquired By Esko

L.A. Business Journal

Packaging design software company Esko-Graphics Inc., a subsidiary of the Danaher Corp. has bought Blue Software, an artwork management software firm, from Westwood-based Diversis Capital

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Joybird Acquired By La-Z-Boy

socalTECH

Commerce, California-based Joybird , an online retailer and manufacturer of furniture, has been acquired by La-Z-Boy Incorporated , La-Z-Boy said on Monday. Financial terms of the deal were not announced. Joybird (Stitch Industries) was founded in 2014 by Alex Del Toro, Andres Hinostroza, Joshua Stellin and Christopher Stormer, and manufactures mid-century modern upholstered furniture, which it sells online through its own brand.

Silicon Beach Report July 20: Wemo Links with Apple Homekit

L.A. Business Journal

Wemo links its smart plug with Apple’s Homekit; Esko-Graphics buys Blue Software; Bird accepts low-income riders

Best Reads for Casual Friday: Big Tech Businesses Gets Political

Xconomy

You’ve made it to Friday. Time to curl up in your cubicle, pop open one of these in-depth, entertaining reads, and catch up on some of what you missed during a busy week. This week we’re taking a look at all the political stories that are coming out of the tech world.

Faster is sometimes more valuable than better.

Berkonomics

And d oing both well usually wins the day. This is one of those arguable insights, where both sides win. Dell is a great example of emphasis upon fast, creating a customized computer in 48 hours or less, bringing in assemblies and components just-in-time to make the assembly line.

Silicon Dragon LA 2018

SoCal Tech Calendar

Wednesday, July 25, 2018 --.

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Kumbaya Expands Board

socalTECH

Rancho Palos Verdes-based Kumbaya , which is developing a device to bring solar- and battery- powered Internet connectivity and content to third world communities, said today that it has added a United Airlines IT executive to its board. According to Kumbaya, Silvia Prickel has joined its Board of Directors. Prickel is currently Managing Director of Application Development for United Airlines, where Kumbaya said she has spent the past 12-years in the IT department.

HyreCar, DriveItAway Bring Car Sharing to Dealerships

L.A. Business Journal

Downtown-based car-sharing platform HyreCar Inc. announced July 17 that it will partner with DriveItAway.com Inc., a used vehicle auction platform based in Cambridge, Mass. The collaboration is designed to allow independent car dealerships in 34 states and Washington, D.C. to list their vehicles on the HyreCar platform

Bio Roundup: Drug Prices, CRISPR Caveats, Rubius IPO Pop & More

Xconomy

After nearly two years of all smoke, no fire around President Trump’s promise to curtail drug prices, there’s finally some glimmer of action. Pfizer said last week it would halt its price hikes, and Novartis and Merck took similar actions this week. But we still don’t know the details of the administration’s drug-pricing policy, if there is one beyond the blueprint released in May.

Silicon Beach Report July 18: L.A. Hyperloop Outfit Wins China Contract

L.A. Business Journal

Hyperloop Transportation wins China contract, StartEngine accepting bitcoin; HyreCar partners with dealerships

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Silicon Beach Report July 16: Netflix Shares Plummet

L.A. Business Journal

Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.; Musk tweet could bring libel charge

Silicon Beach Report July 18: AdQuick Raises $2.1 Million

L.A. Business Journal

AdQuick raises $2.1 million; meal delivery service Chef’d abruptly shutters; SpaceX gears up for new launch

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Bird Offers Up Discounts To Low Income Users

socalTECH

Venice-based, last-mile scooter transportation company Bird has rolled out a brand new program which will offer up discounted rates to low income users, saying it will eliminate its $1 base fee per ride for anyone who qualifies for a state or federal assistance program. Those users will still pay the normal 15 cents per minute rate for using the company's scooters.

Venice 100

Inseego Names Operations VP

socalTECH

San Diego-based mobility products developer Inseego says it has named Jacques Fradet as its new Senior Vice President of Operations, the company said this week. Fradet previously was at Kyocera Communications, serving as Divisional Vice President of Operations. Fradet had been at Kyocera for 12 years, and prior to that served at such companies as Qualcomm Personal Electronics, Palm Inc., Denso, Hughes and Linkabit.

Mobile 100

Diversis Capital Sells Portfolio Firm

socalTECH

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago. Esko is owned by Danaher, and develops software and hardware for package design.

Payscout Buys Paywire

socalTECH

Sherman Oak-based Payscout , a provider of payment processing services, said on Thursday that it has acquired cloud and mobile software developer Paywire. Financial details of the acquisition were not announced. Paywire develops software which integrates payment processing with third party systems, web sites, hardware, SAP systems, and processors. payscout is led by CEO and co-founder Cleveeland Brown.

Wemo Links Smart Plug With Apple HomeKit

socalTECH

Los Angeles-based Wemo , the "smart home" products maker which is part of Belkin, said on Thursday that its popular Wemo Mini Smart Plug product is now compatible with Apple's smart home app. Wemo said that users can upgrade the Wemo Mini Smart Plug to enable Apple HomeKit support, which will enable Apple Home app support, so that Siri can control their devices and what is plugged into them.

Belkin 100

esVolta Wins Large Energy Storage Project With PG&E

socalTECH

Aliso Viejo-based esVolta , which develops utility-scale energy storage projects, said it has beens elected for a large battery energy storage project in Northern California. According to esVolta, Pacific Gas and Electric Company (PG&E) has selected the company to build an energy storage system in Santa Clara County, California. The 75 MW / 300 MWh lithium-ion battery storage system is called the Hummingbird Energy Storage project, and is aimed to be put into service by December of 2020.

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Embark Finds $30M To Scale Out Robotic Truck Efforts In Inland Empire

socalTECH

Embark , a Silicon Valley, autonomous vehicle startup which is developing self driving, long haul trucks, said today that it has raised $30M in a Series B funding, to specifically build out its operations in the Los Angeles area. Embark, which has a center of operations in Ontario, California--in the Inland Empire--said it raised the new funding round from Sequoia Capital, as well as Data Collective, YCombinator, SV Angel and AME Cloud.

Silicon Beach Report July 17: MTech Capital Announces $75 Million Fund

L.A. Business Journal

MTech Capital’s new $75M fund for “InsureTech;” smart key maker Openpath raises $20M; Pelican Products has an new consumer marketing team leader

Hyperloop Transportation Technologies Aims At China With Test Track

socalTECH

Los Angeles-based Hyperloop Transportation Technologies has signed a deal to bulid a test track in China, in the province of Guizhou, the company disclosed on Wednesday--the first big deal the company has in China to deploy its technology. The company--one of several in Los Angeles looking to build the Hyperloop high speed transportation tubes first envisioned by Elon Musk-- reportedly will build the test route in the Tongren prefecture, with an initial track length of 10km. READ MORE>>.

Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital.

StartEngine Starts Accepting Bitcoin For All Crowdfunding Offerings

socalTECH

Los Angeles-based StartEngine , the online crowdfunding marketplace which helps startups and other companies raise capital, said this morning that it has begun accepting Bitcoin as a form of payment. StartEngine--which is taking advantage of the new SEC's new crowdfunding rules to help connect individual investors with companies--said investors can now make investments in any companies on its "funding portal" using Bitcoin.

Invest 100

j2 Global Buys Two More Companies, Line2 and Mosaik

socalTECH

Los Angeles-based j2 Global , which has made an art out of buying small companies and incorporating them into a large portfolio of acquired companies, has acquired two more companies, saying this morning that it completed two more acquisitions in Q2. j2 Global said it acquired certain assets of Line2, which will join its cloud services arm, and Mosaik Solutions, which will become part of its digital media operations. Financial details of the two acquisitions were not announced.

Brat Gets $30M For Teen Streaming Content

socalTECH

Los Angeles-based Brat , which operates a content production studio that creates teen content for the online, streaming market, has raised $30M in funding, the company deta‎iled on Wednesday. The funding came from Anchorage Capital. The company, founded by Rob Fishman and Darren Lachtman, is behind "Chicken Girls: The Movie", which is available on YouTube specifically focused on teenagers. Fishman and Lachtman sold their last startup to Twitter. READ MORE>>.