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Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while investment in this space more than doubled in both cities over the past five years. times) since 2015, compared to 3.1 times) from 2015 to 2020. billion into U.S.
Irvine-based Karma Automotive , the revived, startup auto maker, says it has inked an agreement with BMW AG , to use BMW's engine technology in its automobiles. Karma Automotive said it has actually been working with BMW on the onboard generators for the vehicle since 2015. READ MORE>>.
Our first for this year is from Richard Wolpert , founder of HelloTech (www.hellotech.com), an in-home, technology and IT support service. Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016?
Our first for this year is from Richard Wolpert , founder of HelloTech (www.hellotech.com), an in-home, technology and IT support service. Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016?
For chief executive Artyom Poghosyan and chief technology officer Alex Gudanis, Britive is simply the latest initiative in a decades-long effort to reshape security technology. Those cloud technologies presented new challenges for the kind of privileged access management technologies that Poghosyan had developed.
Los Angeles has been in the midst of a technology boom over the last few years, with many of high profile startups growing in the area. We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. So, what is TaskUs?
Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015. But things can change in technology businesses in very short order when the company is not yet at scale (sub -$50 million in revenue) and getting greedy can be very costly to the funds' returns.
TuSimple , a developer of autonomous trucking technology which has offices in San Diego and in China, said on Wednesday that it has raised $95M in a Series D funding round. The company was founded in 2015. The funding came from Chinese investors SINA Corp. and Composite Capital. TuSimple says it has now raised a total of $178M.
Los Angeles-based Fisker , the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. According to Fisker the funding will go towards the development of its solid state battery technology.
Over the last week or so, we've featured the reflections of our readers on 2015 and what it has meant for Southern California's technology industry. Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016?
The Siemer Summit , the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm.
Arteen Arabshahi: While Karlin Ventures has had an excellent first few years as a firm seeing over 6 exits and making 40+ investments within 3 years, what was most exciting in 2015 was the addition of our third team member, Erin Shipley. Who or what do you think had the biggest impact on the technology industry in 2015?
Who or what do you think had the biggest impact on the technology industry in 2015? What are the technologies or things you think people ought to watch in 2016? Lawrence Ng: IoT is already big and will continue to grow in all facets of the business and consumer ecosystem in the future.
Santa Monica-based Honk Technologies , the on-demand, roadside assistance app startup led by Corey Brundage, said Wednesday that it has raised $18M in a new funding round. Honk Technologies offers up a mobile app which lets motorists requests help for a jump start, tire change, or other on-the-road road assistance. and Fonality.
The startup says that--although there's a move towards other technology, "fossil fuels" used in ite engine "will remain a fixture of modern civilization for decades to come". The new funding comes on top of an earlier, $1M it received in a Phase I ARPA-E GENSETS grant in 2015. Tour Engine is led by Dr. Oded Tour.
We've attempted to do that for the last three years, trying to ferret out exactly who the people--not companies--are to watch in the region's technology industry. Who are the top 50 people to watch in Southern California? This list--like any list--is highly subjective, and we've undoubtedly left out many worthy people on this list.
Every day, it seems there are new headlines on the strained relationship between technology and entertainment. In 2015, when we’ll see an estimated one… Read More.
Santa Monica-based ad technology developer GumGum --which injects contextually relevant ads into images on publishers' websites, said today that it has signed a renewed partnership with Wenner Media, the publisher of Rolling Stone , Us Weekly and Men's Journal. The two have been working together since August of 2015. READ MORE>>.
Anaheim-based videogame developer Blizzard announced plans for its next big videogame late Friday, saying its new title, Overwatch , will be a first person shooter revolving around a team of heroes set in an technologically advanced, stylized future earth. Blizzard said it intends to begin beta testing of the game in 2015.
Miss our big technology and media industry holiday party last week, the Digital Family Reunion ? Highlights included a panel discussion led by our own Ben Kuo and featuring Abhi Nemani, Oded Noy, Erik Rannala, Matt Kozlov and Chet Pipkin, which inspired our audience with insights into where LA tech is headed in 2015. Premium Sponsors.
Hawthorne-based Space Exploration Technologies , the commercial rocketship firm headed by Elon Musk, reported Tuesday afternoon that it has signed two contracts to launch satellites into space on its Falcon 9 rocket. SpaceX said the launches will take place in late 2014 or early 2015, and the fourth quarter of 2015.
His last company, ParkMe, was sold to Inrix back in 2015. REEF Technology raises $700M from SoftBank and others to remake parking lots. His technology can allow buildings to capture more value through other services like dynamic pricing and yield optimization as well.
Cool Planet , which is developing agricultural technology centered around "biochar", which is used to boost the fertility of soil while also sequestering carbon, has raised $20.3M in a new investment round. Cool Planet, which has its headquarters in Greenwood Village, Colorado, is led by President and CEO Jim Loar. READ MORE>>.
Goleta-based Transphorm , which develops highly efficient, power conversion technology, said today that it is in a partnership with Tata Power Solar , a solar power products manufacturer in India. According to Transphorm, they will introduce India''s most efficient solar inverter, using its technology. READ MORE>>.
2015 will be the year that transforms the daily activity of the sales rep. The coming of age of support technologies, built on big data analytics and social networks will profoundly affect the day-to-day focus of sales organizations. Read the rest of Nick''s article on The 3 Technologies Driving The New Sales Force. Continued.).
In fact, we published our strategy some time ago and announced we were moving to a “ barbell strategy ” of funding at the Seed level, mostly avoiding the A/B rounds and then increasing our investments in the earliest phases of technology growth. That was a question I had been asked by LPs in 2015 when we began our Early Growth program.
The reality is that as a result of two major trends the costs of starting a technology startup went down massively. With Things Going So Well for Seed Funds the Winds Shifted in 2015 Seed investors had a good run and all seemed rosy and then in 2015 the momentum seemed to shift. thus the rise of “pre seed” investing).
Flipagram is led by longtime LA technology veteran Farhad Mohit. Flipagram currently has deals with Universal Music Group, Sony Music Entertainment, Warner Music, Merlin and The Orchard, which lets users include the brief music clips as the soundtrack to their own, personal slideshows. READ MORE>>.
Active said it is providing its technology, including online registration, marketing, and volunteer management and event management tools to the marathon through 2015. Financial terms of the win were not disclosed. READ MORE>>.
Hawthorne-based commercial spaceflight firm Space Exploration Technologies said Tuesday afternoon, along with Israeli satellite operator Space Communication Ltd. The launch is scheduled for 2015. Spacecom) , that SpaceX has agreed to launch a Spacecom satellite into space. Financial impact of the deal was not disclosed. READ MORE>>.
Patrick Soon-Shiong is a biotech billionaire and technology industry regular, who runs the NantWorks family of companies in Los Angeles. Soon-Shiong had attempted to acquire the LA Times back in 2015. The Washington Post quoted "people involved in the deal" for the news. READ MORE>>.
Los Angeles-based XPRIZE , which runs a series of multi-million dollar challenges aimed at helping to advance technology innovation, said yesterday that it has extended the deadline for the Google Lunar XPRIZE to the end of 2016. READ MORE>>. competition prize aerospace nasa exploration robotic robot moon launch lunar google xprize'
Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
Newbury Park, California-based CAP Wireless , a developer of RF amplifiers based on Gallium Nitride (GaN) technology, has been acquired by TriQUint Semiconductor. TriQuint says it expects the TWTA market to be worth $600M by 2015. Financial terms of the acquisition have not been announced.
Silicon Valley-based payment technology provider Yapstone has big hiring plans in Los Angeles, with plans to double the size of the company''s office from 35 to 70 people in the next year. According to the company, it is hiring across marketing, sales, engineering, and product. YapStone was founded in Santa Monica in 1999.
Over the holidays, we''re featuring a few reflections on 2014 from some of the movers and shakers in Southern California''s technology industry. What technologies or things are you looking forward to most in 2015? Today''s thoughts come from John Greathouse, who is a partner at Rincon Venture Partners.
The Techstars Foundation , the nonprofit arm of startup accelerator operator Techstars which is focused on increasing the number of under-represented entrepreneurs in the technology industry, is looking to give $10,000 to $50,000 to nonprofits working in the area, Techstars said Friday. Applications are open through April 8th. READ MORE>>.
Foot Locker explained the move will also go to help help accelerate GOAT Group's global operations, expanding its omnichannel experience and technologies. in total since it was founded in 2015. GOAT has now raised $197.6M READ MORE>>.
Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.
Our first post over the holidays is from Howard Marks --who co-founded Activision--and recently founded startup accelerator StartEngine, and who has been very active in encouraging the technology industry in Los Angeles. What technologies or things are you looking forward to most in 2015?
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.
San Diego-based Qualcomm has filed suit against a Chinese company, Meizu , saying that Meizu has refused to enter into a licensing deal for the company's technology.
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