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Former VC Edmund Shea Jr. Dies

socalTECH

80, the co-founder of Shea Homes and a former venture capital investor at Hambrecht & Quist , died August 13th at his San Marino home, according to J.F. Shea was a former venture capital investor and investment banker at Hambrecht & Quist in San Francisco in the 1960's. Shea, Jr. , Shea & Co. Shea & Co.,

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Momentum IoT Raises $3.1M

socalTECH

The funding was led by Howard Edmund Capital, and also included Thompson Aerospace. Long Beach-based Momentum IoT , a developer of telematics products for tracking trucks, trailers, heavy equipment, and other assets, has raised $3.1M in a funding round, the company said this morning. The CEO of Momentum IoT is Justin Silva.

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TrueCar Gets Investment from Guthy-Renker

socalTECH

TrueCar specifically said it is looking to "move beyond" sites such as Kelly Blue Book and Edmunds with its data, which is derived from actual car sales. TrueCar said that Guthy-Renker will play an "integral role" in shaping the firm's brand visibility, through TV, print, radio, and other advertising channels. READ MORE>>.

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Interview with Tara Weingarten, VroomGirls

socalTECH

We also pass over those things relatively quickly, much quicker than someone at Motor Trend or even Edmunds might. I consider Edmunds a great automotive site, but when you really read the reviews, you can tell they're very much written by guy enthusiasts. How long has the site been around, and when did it start?

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Bio Roundup: A Telehealth Combo, FDA’s BCMA OK, Biogen’s Bet & More

Xconomy

The novel coronavirus has driven the pharmaceutical industry to upend its research priorities. Big Pharma companies are focusing on vaccine development and a slew of biotechs are testing compounds, previously intended for a wide range of indications, as potential COVID-19 treatments. billion merger in the digital health sector.