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DDN Reports $400M In Revenues In 2020

socalTECH

Chatsworth-based DDN, which develops high performance computing storage and artificial intelligence and data management software, says it had record breaking annual revenues of $400M and "highest ever profitability" in 2020. The company said it saw 52 percent revenue growth from 2018 to 2020.

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MSBAI Snags $1M Contract From USAF

socalTECH

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant. MSBAI was part of the Air Force Techstars 2020 program. MSBAI is led by CEO Allan Grosvenor.

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HONK Reports Increased Roadside Assistance Calls

socalTECH

Los Angeles-based HONK Technologies , which develops a roadside assistance and towing app, and is led by tech entrepreneur Corey Brundage, says it has saw a 54 percent increase in the number of roadside assistance calls in the first six months of 2020.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

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. 2020 is set to be a record year for London’s impact tech companies, which have received $1.2

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What to Expect From CES 2020

Tech.Co

Flesh will be pressed, complimentary bars emptied, but most importantly we'll get a first look at some of the gadgets that will dominate 2020. The small white robot with a rounded, friendly face will deliver news reports to its user, as well as read their emotional state and respond accordingly (at least, according to the press release).

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Girls in STEM and Cyber Security Among Top Startups at Eureka Park 2018

Tech.Co

With computer science jobs predicted to increase by 22 percent by 2020 according to the U.S. In a report by the National Student Clearinghouse only 18 percent of women graduated with a science degree in 2014. Deep Learning Analytics. They also build deep learned-based products for IoT devices.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is where investigative reporting, enterprise pieces and analysis on transportation lives. Where Tesla chooses to produce the Model Y is perhaps the most important, unanswered question. Keep it coming.