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cloudvirga Raises $15M More For Mortgage Automation Tools

socalTECH

Irvine-based Cloudvirga , a developer of automated mortgage lending software, announced this morning that it has raised $15M more in a Series B funding. The funding was led by Incenter, a Blackstone Group portfolio company. The company said the funding goes to scale its technology and product offerings. The company has now raised $22.5M in total.

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Amid Gender Gap Talk, Mentor Network Emerges For Women In Health, Bio

Xconomy

Morgan conference. There has been plenty of talk since about closing biotech’s notable gender gap. At this year’s J.P

Silicon Beach Report March 24: SpaceX Plans to Relaunch Used Falcon 9 Rocket Next Week

L.A. Business Journal

SpaceX plans to relaunch used rocket next week, Black Tux to open showrooms in six Nordstrom stores, and Lions Gate has ‘helluva good day’ with Power Rangers video game launch

Get your pitch applications in for the Boulder Micro-Meetup

TechCrunch LA

A reminder that I’ll be holding a micro-meetup at Boomtown on Broadway in Boulder, Colorado on Wednesday, March 29th at 7pm.

N3XT CON 2017 - Entertainment, Technology, Startup

SoCal Tech Calendar

Sunday, April 2, 2017 -- N3XT CON 2017 - Entertainment, Technology, Startup. Located in Southern California, N3XT CON 2017 will spotlight industries that embody the LA spirit - Entertainment, Technology, and Startups. Industry leaders from top companies such as Disney, LA Times, BuzzFeed, and NBC will share their experiences at the conference.

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Fewer words, greater effect.

Berkonomics

I have a good business friend, an experienced manager and teacher with a Harvard MBA, whose deep thinking creativity and intelligence are admired by many. But he dilutes his effectiveness with wordy PowerPoint presentations. Note the title and tone of these insights. Short, to the point. He cogently encapsulated the problem. General

N3XT CON

SoCal Tech Calendar

Sunday, April 2, 2017 -- N3XT CON. Hear from industry leaders in technology, entertainment and startups in three rooms at the Pasadena Convention Center.

Cubic Wins $20M Navy Contract

socalTECH

San Diego-based Cubic Corporation reported on Wednesday that one of its divisions, Cubic Mission Solutions (CMS), has scored a contract worth more than $20M from the U.S. Cubic said the award goes towards the delivery of a portable common data link system for the U.S. Navy's Space and Naval Warfare Systems Command (SPAWAR). READ MORE>>.

Former NASA Chief Sees Coming “Tidal Wave” in Machine Intelligence

Xconomy

Dan Goldin founded KnuEdge (initially known as Intellisus) in 2005 to realize his vision for neural-based computing—and to fundamentally transform the way humans interact with machines. As he puts it, “a tidal wave is coming. It’s going to be bigger than the Internet. It looks and feels like the early ‘90s—but better.”

Silicon Beach Report March 22: Job-Hunting Advice Network Raises $2.7M

L.A. Business Journal

Job hunting advice network raises $2.7 million, content management service Edlio acquires app Sangha, and entertainment content startup Pocketwatch raises $6 million

ServiceTitan Links With SEO Provider

socalTECH

Glendale-based ServiceTitan , which is developing software for helping plumbing, HVAC, and other service businesses manage their business, has linked up with search engine optimization (CSEO) provider Plumbing & HVAC SEO. ServiceTitan is led by Ara Mahdessian. READ MORE>>.

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Silicon Beach Report March 21: Hootsuite Acquires Snapchat Analytics Tool from Naritiv

L.A. Business Journal

Hootsuite acquires Snapchat analytics tool from Naritiv, Hyperloop Transportation Technologies begins construction on pod, and FilmOn loses cable broadcasting appeal

Rocket Lab Receives $75M, Joins Unicorn Club

socalTECH

Huntington Beach-based RocketLab , which is developing rocket technology specifically aimed at launching satellites into space, has raised $75M in a Series D funding, which it says values the company in excess of $1 billion. The company says it has now raised $148M in total. READ MORE>>.

Silicon Beach Report March 20: SpaceX Studying Mars Mission Landing Sites

L.A. Business Journal

SpaceX studying Mars mission landing sites, Snap Inc. gets first buy rating from Wall Street firm, and Two Bit Circus develops VR and motion simulator

HyperX Debuts New DDR4 Gaming Memory

socalTECH

Fountain Valley-based HyperX , the divisio of Kingston Technology Company which focuses on the high performance gaming market, announced a new DDR4 memory product today called the HyperX FURY. Pricing on the new memory, which is available as 4GB, 8GB, and 16GB modules, was not announced. READ MORE>>. memory overclocking gaming ddr4 hyperx

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Building a Local Innovation Ecosystem

Xconomy

Co-authored with Rudy Gadre , general partner at Founders’ Co-op. But a better strategy would be to examine our local strengths.

Qualcomm, AT&T, CH2M In Water Management Effort

socalTECH

San Diego-based Qualcomm Intellignt Solutions , a subsidiary of Qualcomm Incorporated, has linked up with AT&T and CH2M to use Qualcomm's modem technology to monitor water usage in Georgia the company said on Thursday. Financial impact of the win was not announced. READ MORE>>.

Silicon Beach Report March 23: FreedomPop Launches Free Family Cell Phone Plan

L.A. Business Journal

FreedomPop launches free family cellphone plan, Oaktree sells stake in tronc back to company, and Jam City eyes late 2017 or early 2018 IPO

Hyperloop Transportation Technologies Starts Passenger Capsule Development

socalTECH

Los Angeles-based Hyperloop Transportation Technologies (HTT), one of three companies working on the Hyperloop concept in Los Angeles, announced this morning that it is beginning development of a full-scale, passenger capsule for its Hyperloop systems. HTT said the capsule is being developed at its R&D center in France. READ MORE>>.

XYPRO Technology Corporation Buys Merlon Software

socalTECH

Simi Valley-based XYPRO Technology Corporation , which develops security software for HPE NonStop servers, has acquired Merlon Software Corporation. Financial details of the acquisition were not announced. Merlon Software develops database management software for HPE NonStop servers, and is based in Mississauga, Ontario, Canada. READ MORE>>.

Murata Pays $68M for Arctic Sand, to Combine with Peregrine Semi

Xconomy

Japan’s Murata Manufacturing has acquired Arctic Sand Technologies of Burlington, MA, and plans to combine Arctic Sand’s low-power semiconductor technology with its San Diego-based subsidiary, Peregrine Semiconductor. The purchase price was $68 million, according to a Peregrine spokeswoman. Arctic Sand had raised a total of at least.

Intel Combines Global AI Work Under Former Nervana Systems CEO

Xconomy

Roughly seven months after Intel (NASDAQ: INTC ) acquired San Diego-based Nervana Systems, the chipmaker is consolidating its portfolio of artificial intelligence businesses in one group, headed by former Nervana CEO Naveen Rao. Rao (pictured above right) will report directly to Intel CEO Brian Krzanich, spokesman Daniel Francisco said today.

Ionis Pharma Spins Out Lipid Disorder Unit Akcea with Plans for IPO

Xconomy

The Akcea stock offering could reach as much as $100 million, according to paperwork filed with securities regulators.

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Join David Baltimore, Nicole Glaros, Nathan Myhrvold, & More at Our Napa Summit

Xconomy

Year after year, Xconomy has gathered exemplary business leaders, investors, and far-seeing technologists to our most prestigious event— The Napa Summit. This year is no different. Come join us in the heart of wine country on June 8 and 9 to listen to visionary speakers and connect with fellow innovators.

Faraday Future Cancels Plans For Manufacturing Plant In California

socalTECH

Los Angeles-based Faraday Future , the much-hyped developer of next generation, electric vehicles, has decided to shut down efforts to build a manufacturing plant in Vallejo, California, according to the company. The company said it will now focus on its first production vehicle and plant in North Las Vegas. Vallejo is based in the Bay Area.

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EDF Renewable Services Ups Contracted Capacity to 10 Gigawatts

socalTECH

San Diego-based renewable energy services firm EDF Renewable Services , the operations and maintenance arm of EDF Renewable Energy, says it now has 10 gigawatts of capacity under contract. The company said its North American business has over 500 people in 27 U.S. The company said it doubled its megawatts under contract in the past five years.

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Sienna Biopharmaceuticals Names CFO

socalTECH

Westlake Village-based Sienna Biopharmaceuticals said Friday that it has named Richard Peterson as the company's new Chief Financial Officer. Sienna says that Peterson will take over from John Smither, who is retiring, but will remain as an advisor. READ MORE>>. sienna biopharmaceuticals executive richard peterson finance

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Alteryx Sees Solid IPO Debut

socalTECH

Irvine-based data analytics software developer Alteryx had its IPO debut on Friday, debuting at $14.00 per share on the NYSE as AYX, and closing out the day at $15.50 per share. The company rose 10.71 percent in its IPO debut on the public markets. The public offering raised $126M for the company. READ MORE>>.

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The Virtual Reality Company Debuts New VR Series For Families

socalTECH

Los Angeles The Virtual Reality Company said this morning that it has released a new, animated virtual reality (VR) series, called Raising a Rukus. The company said it is the first to debut a series of the kind specifically for families. VRC was founded by Robert Stromberg, Guy Primus, Chris Edwards and Joel Newton. READ MORE>>.

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Waving White Flag, Cerulean Merges With Dare Bio, Sells Cancer Drugs

Xconomy

Cerulean Pharma may have been able to survive one brush with death, but the second has proven fatal.

Hiring Service Offers Insider’s Edge to Job Seekers

L.A. Business Journal

The perfect job candidate is so hard to find that the human resources industry has a term for the rare specimen: a purple squirrel

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Software, Hardware by Apium Controls Submarine, Aircraft Swarms.

L.A. Business Journal

Apium hopes to gang up on the drone industry with its swarm software and hardware

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Cool Planet Reboots, In Colorado, With $19.3M Series A Funding

socalTECH

Cool Planet , the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. According to Cool Planet, the new funding was led by Agust�n Coppel and North Bridge Venture Partners, and will go towards commercalization of its biochar product, Cool Fauna Engineered Biocarbon.

Western Digital Backs Avere Systems

socalTECH

Irvine-based storage device maker Western Digital has backed Avere Systems , a developer of a file system for the hybrid cloud. Avere said this week that it has raised $14M in a Series E funding round, which came from Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital and Western Digital Capital, along with Google.