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The Design Accelerator Launches Incubator At Idealab

socalTECH

A new, startup incubator-created by the Art Center College of Design and the California Insitute of Technology --said this morning that it has launched a brand new, design-focused incubator, housed at Idealab. Breitenberg is special assistant to the president of Art Center College of Design. READ MORE>>.

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Rexter Named Part Of Microsoft Accelerator Class

socalTECH

Altadena-based Rexter , the developer of real time contact and relationship management software led by technology veteran Andy Wilson, has been named one of the fourteen companies in the upcoming Microsoft Digital Work Accelerator. READ MORE>>.

Altadena 100
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Rockley Photonics Gets $40M

socalTECH

Pasadena, California- and Oxford, UK-based Rockley Photonics , a new startup focused on integrated optics for high-density digital systems, has raised $40M in a funding round, the company said on Wednesday morning. The company says it has now raised a total of $100M. Rockley Photonics is led by CEO Dr. Andrew Rickman.

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New Matter Gets $6.5M For 3D Printing

socalTECH

Pasadena-based New Matter , which is developing consumer focused, 3D printers, said today that it has raised $6.5M The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. in a Series A funding round. READ MORE>>.

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17hats Finds $4M To Build Tools For Solo Entrepreneurs

socalTECH

Pasadena-based 17hats , a startup that develops business management software aimed specifically at solo entrepreneurs (solopreneurs), has raised $4M in a Series A funding. The company is targeting such solopreneurs as photographers, developers, interior designers, business coaches, event planners, bookkeepers, consultants and others.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

I recently hosted a panel at the Twiistup Conference about LA tech companies. I have some pretty specific thoughts on the differences between companies in the two cities, as I wrote about in my previous post A Tale of Two Tech Cities. Challenge #1 – Tech Companies are Not Typically Started by Technologists.

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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

I’m often asked about the differences between being at a VC and being an entrepreneur and whether I prefer one or the other. The biggest difference I cite is that Venture Capital often feels like an “individual sport” while startups are a “team sport.” It was more hedge fund than venture capital.