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San Diego-based sports registration service Active Network has laid of over 100 people, according to sources near the company. Active Network has been contacted, but has not yet responded to queries about the layoff. active network layoff jobs employment private equity texas websense omnitracs' READ MORE>>.
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In a sign that the Los Angeles technology and startup world is starting to be taken more seriously by Silicon Valley, one of Silicon Valley's more prominent law firms has set up shop in Santa Monica.
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Dear readers: Like keeping up to date on Southern California's latest venture funding, hightech deals, and more? In a big market like Southern California, getting the word out to potential employees--who might not be looking for a job on a job board, who have a wealth of experience in the startup and hightech market--is difficult.
The world of plumbing is not known for its hightech products. However, that makes it an area ripe for technology innovation. Ryan Kim: We had started to develop this technology awhile ago, while we were developing the WeMo platform. All technology things. What's the problem you are trying to solve with Phyn?
Watertower has been involved in a number of high visibility exits and fundings in recent months, including Riot Games (rumored to be $400M+), Machinima, and ExtendMedia. Norton spent some time talking about his vision of where LA's future in hightech lies. Derek Norton: Technology is a commodity.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. He's also a very active angel investor and advisor to local startups. What are the technologies, companies, or things we ought to watch in 2013? READ MORE>>.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. In your opinion, what events, companies, or people made the biggest impact on the technology world this year? After you reach success, celebrate, and thank supporters.
Technology veterans Tareq Risheq and Mark Thacker are no strangers to the world of hightech startups and angel and venture capital--Risheq was formerly CEO of Celllynx, Thacker was co-founder at Datallegro--but the way they're funding their newest startup is unusual, and a testament to the growing popularity of crowdfunding.
The OC Tech Alliance , one of the groups supporting the technology industry in Orange County, says it will become part of another local industry group, OCTANe , effective December 31st. The two--who had announced their intent to merge in September--will be merging their various events and activities.
Looking to join some of the most promising hightech companies in Southern California? The Financial Analysts primary functions include data base query, financial planning, data analysis, and reporting of DreamHosts financial activities. Some of the most recent listings: Financial Analyst , DreamHost.
The long list of Southern California hightech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.
AOL --which has been one of the most active acquirers of Southern California technology startups in recent years--has been acquired itself, by Verizon , AOL and Verizon announced this morning. According to Verizon, it will pay $50 per share for AOL, in a deal worth approximately $4.4 READ MORE>>.
Gregg also spoke to us about how the move of Active Network out of San Diego-a huge dislocation for the local hightech communityactually benefited Events.com, by allowed it to quickly ramp up its employee base and offerings, particularly since one Event.com''s Chairman was a co-founder of Active. That''s the vision.
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As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
There''s a gap between the robust, growing technology startups in Los Angeles and the many students graduating from local universities, according to Steven Dietz , who is a venture capitalist at LA''s Upfront Ventures. Steven Dietz: There is very little connection between the schools here and the technology community in the LA area.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. They estimate that high-tech work contributes $108.3 They estimate that high-tech work contributes $108.3 billion dollars of regional GDP. Yes, Google won.
The magazine turned its attention this month towards the Los Angeles innovation and technology economy in a section guest edited by StartEngine co-founder Howard Marks , including a reception held Wednesday evening at the Viceroy in Santa Monica. Big disclaimer: the author and editor was one of the honorees at the event).
We''re continuing to feature reflections on the last year from movers and shakers in the local hightech community, and today have thoughts from Gerhard Apfelthaler , who is Dean of California Lutheran University''s School of Management , which has been very active in Ventura County helping to promote startup and entrepreneurial activity.
It's our pleasure today to feature an interview with Yossi Vardi , one of Israel's best known hightech entrepreneurs. What is it about Israel that has made it such a center of hightech and startups? Yossi Vardi: Israel has what a lot of countries have--good universities, well educated people, a high literacy rate, etc.
Playa Vista-based computer accessory and products maker Belkin has been pushing the limits of technology lately, with such products as its Wi-fi enabled water sensors and MIMO routers. However, its latest products--announced on Wednesday--tackle a far less hightech issue: the lack of pockets in workout gear.
A new, $20M venture capital fund, TAU Ventures , based out of Tel Aviv, Israel, and Tel Aviv University (TAU), says it is specifically looking to link with the Los Angeles technology community--thanks to its link with Los Angeles investor Behzad Kianmahd--co-founder of Cross Campus. READ MORE>>.
Coordinated by the efforts of local artist group FLOOD, the 8th annual Soundwalk saw a mix of local and international artists working with a multitude of art mediums, seemingly random materials, and technology (we ARE TechZulu after all) to create a highly interactive multi-playered experience in a new and (somewhat) abstract space.
Clearly, 2009 was not a good year, from the perspective of the technology innovation ecosystem. Technology and innovation has historically been the thing that has pulled the economy out of recessions, and I think that is especially true right now. For OCTANe to be successful, we want to see our technology ecosystem grow.
All this week, we are sharing the opinions of some of the top influencers in Southern California's hightech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. 1) Mobile web.
Innovations Are More Than Technological Features. "Our "Our business is about technology, yes. These two areas of operational innovation allowed Dell to defeat a number of tech-centric competitors which spent significant money researching and developing technological features, ever briefer product lifecycles.
I ended up doing consulting work for hightech companies in the San Francisco Bay Area in the software messaging area, and then came back to Los Angeles doing corporate sales for 3M, of all things. Vic Caretti: There are so many things happening in the music and technology space. Thanks, and good luck! READ MORE>>.
My original thinking from Oct ’09 was, while I didn’t (and still don’t) have a crystal ball I worried that: consumers were over-stretched with debt (and make up 77% of the economy), unemployment would continue to rise, which in turn would drive the stock market south and cut the rate of M&A activity and VC investment even further.
A wondrous place designed for kids to learn that Science, Technology, Engineering, Art and Math are not only interconnected, but fun to boot. Carnival, to be presented by Two Bit Circus is to be a traveling high-tech amusement event that will visit select cities in the U.S. starting in Spring of 2014.
The rise of high-tech fitness has taken the industry by storm with everything from wearable fitness trackers to smart jump ropes. No longer content with an overpriced gym that comes with little to no guidance on how to achieve their goals, people are turning more and more to hightech fitness instead.
That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.
One trend in the Southern California hightech startup market has been an increasing number of startups--and executives--who have been looking to combine their interests in business with their enthusiasm for giving back through nonprofits and causes. We provided the technology, but partnered with other websites.
One is obvious, without protection, such IP might prove to be of little worth, as other companies can mimic the technology without recourse. The very nature of formal IP approval process ensures that some level of vetting has been performed to assess whether the IP is infringing on another company’s technology. Provisional Approach.
We went out on the Android and Blackberry, and as we were going out to market, we realized that we could use that consumer launch as a proving ground for our technology, and leverage that to the B2B market. When I joined the company, I found an amazing technology platform and analytics capability.
We caught up with Erik to hear more about MuckerLab, and its efforts to grow the Los Angeles technology ecosystem. The second piece, is we want to, more globally, drive the growth and evolution of the technology and startup ecosystem here in Los Angeles. Erik, thanks for the time. Everything they need to launch and grow their business.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. We've expanded our network activity outside of SoCal to potentially invest in and recruit founders and talent to the region. We'll be posting these throughout the next two weeks. READ MORE>>.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. What are you most looking forward to in the technology/startup world in 2021? We'll be posting these throughout the next two weeks.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. What are you most looking forward to in the technology/startup world in 2021? New technologies will pop up to accelerate these changes starting in 2021.
One of the most frequent questions from hightech startups is: where''s my exit? We don''t spend a lot of time there, except that we''re active investors and bankers who are affected by what''s happening in the IPO market. That''s fueling lots of the activity we''re seeing now. They''re also less valuation sensitive.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. What are you most looking forward to in the technology/startup world in 2021? Greg focuses on early, growth stage and secondary technology investment opportunities.
As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. Technology is great, but high-tech major-step-forward solutions are not the answer to all our change challenges.
Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's hightech community. Fortunately KPMG had made investments in technology to make the transition to remote work as successful as possible. We'll be posting these throughout the next two weeks.
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