Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur. In fact, as is well-reported, the luster of Silicon Valley is fading.

Silicon Beach Report May 8: Snap Inc. Reportedly Disinterested in Snapchat Users in the Developing World

L.A. Business Journal

Snapchat reportedly disinterested in users in the developing world, Aerojet Rocketdyne says AR1 rocket engine development is on schedule, and Revolution Prep raises $4 million

Yardi Wins Property Development Company

socalTECH

Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Pennrose develops and operates housing communities in the eastern half of the United States. Yardi develops software for the real estate investment and property management market. yardi property development multifamily software realestate real estate

The Painfully Poor Record of New Pain Drug Development: BIO Report

Xconomy

Some key points from the report: Pain drug developers have managed a meager 2 percent chance of gaining FDA approval for novel drugs, if they make. With the opioid epidemic showing little sign of letting up, new ways of treating chronic pain are desperately needed.

Startup CTO or Developer

SoCal CTO

What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. But often the result of a Founder hiring a developer or lead developer or even a VP engineering is a gap created between the founders and the developers.

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Silicon Beach Report Dec. 21: Northrop Grumman and Lockheed Martin Win Swarming Cruise Missile Development Contract

L.A. Business Journal

Northrop Grumman and Lockheed Martin win swarming cruise missile development contract; GumGum to exceed $100 million in revenue in 2017; and founder of Timehop left Snap after less than a year

MaxLinear Selected By German Networking Equipment Developer

socalTECH

Carlsbad-based MaxLinear , which develops radio frequency, analog, and mixed-signal integrated circuits, reported a win this morning with German home networking equipment maker devolo. According to MaxLinear, devolo has selected its G.hn Wave 2 transceiver ICs, for a new line of powerline networking products. Financial impact of the win, and anticipated shipment volumes were not announced. devolo's products are aimed at service providers and carriers in Europe. READ MORE>>.

Silicon Beach Report Dec. 13: Virtual Reality Developer Survios Raises $50 Million

L.A. Business Journal

Virtual reality developer Survios raises $50 million, Snapchat introduces group chats, mental health app Stop, Breathe & Think raises $1.3 million, Tinder launches on Apple TV, and more

Silicon Beach Report Nov. 29: Proofpoint to Acquire Secure Browser Developer Weblife for $66 Million

L.A. Business Journal

Proofpoint to acquire secure browser developer Weblife for $66 million, SpaceX will fly cargo to the Space Station on a used Falcon 9 Rocket and Evan Spiegel explains why Snapchat is separating social from media in redesign

ReachLocal Expands Reporting Tools

socalTECH

Woodland Hills-based online marketing services and software developer ReachLocal , which offers up its services to local businesses, said today that it has added a number of analytics and reporting tools to its platform. According to ReachLocal, it has added new third-party campaign result measurement, and multi-location alert and reporting capabilties to its ReachEdge digital marketing product. reachlocal reporting software saas marketing local business

Silicon Beach Report Feb. 14: Mattel Partners with Alibaba to Develop Toys for China

L.A. Business Journal

Mattel partners with Alibaba to develop toys for China, PewDiePie original YouTube show canceled following anti-Semitic comments, and ZestFinance launches service to rate credit for millennials without borrowing history

Twitter’s Acquisition, Chirp & Managing Developer Relationships

Both Sides of the Table

I guess it may be impractical for Twitter to acquire Seesmic given it has raised considerable amounts of venture capital (reportedly $12 million) but the broader point for me is that I always believed Twitter should control the client versions of its product.

Tinder Fires Employees Over Lawsuit, Says Report

socalTECH

Los Angeles-based dating/hookup app developer Tinder has reportedly fired a number of employees who had joined in a lawsuit against the company , as well as parent company Match Group, over what that group had said was "deliberate lowering" of the valuation of Tinder in order to deprive them of stock options gains.

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Startups and a Common Misunderstanding in Agile Software Development

SoCal CTO

They didn't feel they had visibility into timelines and costs for development of their software. The teams involved didn't seem to be exhibiting many of the Symptoms of a Weak Development Team.

Lead Developer to CTO at a Startup

SoCal CTO

I've previously addressed the role of a CTO in early-stages in my post Startup CTO or Developer. for a Lead Developer: How much will it cost to build what we need to build? How can I control costs but effectively get stuff developed? How can we phase development to balance cost, features, risk, etc? What existing systems will we leverage, what programming languages, software development methodologies, web application frameworks, revision control systems, etc.?

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Silicon Beach Report June 28: Mobile Game Developer Wonder Raises $14 Million

L.A. Business Journal

Mobile game hardware startup Wonder raises $14 million, SpaceX to launch final Falcon 9 upgrade this year and Snapchat users can create custom filters in the app

LumaTax Raises $2M For Small Business Tax Reporting Software

socalTECH

LumaTax develops software which can be used by small businesses to automate the paperwork required for paying sales taxes. The startup is led by Robert Shulte, who was founder of sales tax software provider Taxient, which was based in San Diego, and who he sold to tax software developer Avalara in 2010. taxient avalara diego filing capital venture reporting business small lumatax

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Scopely Reportedly Finds $125M, Nears Unicorn Territory

socalTECH

Los Angeles-based mobile game developer Scopely has raised $125M in new funding, which reportedly values the company at around $795M, according to reports today, moving the company closer to unicorn territory. scopely unicorn mobile games gaming development venture capital

32 Questions Developers May Have Forgot to Ask a Startup Founder

SoCal CTO

Many of these founders have talked with several developers or development firms about their plans. Still, if you've not heard these questions from a developer, they are not helping you as much as they should. What about reporting and moderation?

32 Questions Developers May Have Forgot to Ask a Startup Founder

SoCal CTO

Many of these founders have talked with several developers or development firms about their plans. Still, if you've not heard these questions from a developer, they are not helping you as much as they should. What about reporting and moderation?

Chrome River, Traxo Tie On Expense Reports

socalTECH

Los Angeles-based expense and invoice automation software developer Chrome River said today that it has tied with Traxo , a developer of APIs for parsing corporate data. The two said Chrome River is using Traxo's software to speed up the creation of detailed, expense reports from hotel bills, by automatically parsing out separate expenses on hotel bills for such things are parking, meals, room service, rooms, and taxes.

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MySetLife Adds Content From Hollywood Reporter, FilmContact.com

socalTECH

The company said it will provide free access to breaking news feeds from The Hollywood Reporter, contact information from FilmContact.com, and access to the crowdsourced funding resources at Invested.in. mysetlife hollywood reporter producer content filmmaker investedin

Resonant Reports Contract Win

socalTECH

Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.

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Silicon Beach Report Feb. 10: Snap Announces Deal with A&E to Develop First Original Snapchat Show

L.A. Business Journal

Snap Announces Deal with A&E to Develop First Original Snapchat Show, Honest Co. Looking for Consumer Package Goods CEO to Replace Brian Lee, and Activision Hits Record $2B in Sales in Q4

USC Researchers Develop Liquid Solar Cell Technology

socalTECH

Researchers at the University of Southern California report that they have developed new technology to create liquid, solar cells, which can be printed onto surfaces. The new technology--based on solar nanocrystals--were developed by chemistry researchers led by Richard L.

AeroVironment Develops Nano Air Vehicle

socalTECH

Monrovia-based Aerovironment reports this morning that it has reached a technical milestone, and has demonstrated a prototype of a "hummingbird-like" nano air vehicle for a Defense Advanced Research Projects Agency (DARPA) contract.

Yahoo News Development Moved To Taiwan, Says Report

socalTECH

The product development team behind Yahoo's news site, Yahoo News , has reportedly been moved to Taiwan , AllThingsD reported this morning. The move is the second one for product development at Yahoo News, which was previously located at Yahoo's media operations in Santa Monica. Yahoo had pulled development of the service out of its LA location in February, moving the UI and engineering design back to Sunnyvale.

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Report: XCOR's Customers Still Holding Out For Refunds

socalTECH

XCOR filed for bankruptcy in 2017 , after failing to both gain additional investors to fund its development, and also failing to ever launch a single vehicle into space. The Times report says that there are 282 ticket holders hoping for something back from the failed firm.

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Report: Snapchat Files For IPO

socalTECH

A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. No terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>. snapchat merger acquisition exit social networking communications

SweetLabs Awards $50K To App Developers

socalTECH

San Diego-based SweetLabs , the developer of the Pokki desktop app software, reported Wednesday that it has awarded $50,000 in its Pokki Challenge, a contest for encouraging developers to create desktop applications using HTML5. SweetLabs reported it received 60 apps over the six week challenge, which are now available on its site. sweetlabs pokki html developer challenge software award

Kofax Buys Business Intelligence Software Developer Altosoft

socalTECH

Irvine-based document capture software firm Kofax announced this morning that it has acquired business intelligence and analytics software developer Altosoft. Altosoft is a developer real time reporting and dash board applications, and had 43 employees and contractors working for the firm. Kofax said it paid $13.5M in cash for Altosoft, which was headquartered in Media, Pennsylvania. According to Kofax, Altosoft had unaudited, 2012 revenues of $3.4M.

Report: SpaceX Raising $500M For Satellite Internet Efforts

socalTECH

According to the report--citing "people familiar with the fundraising"--the new round values SpaceX at $30.5 The funding reportedly is coming form Baillie Gifford & Co., billion in funding for its rocket development, spacecraft, and space exploration plans. Hawthorne-based SpaceX is in the midst of raising another $500M in funding, according to the WSJ, in a funding round to help it bring its constellation of Internet satellites to space.

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Music Reports Signs Mobile Music Service

socalTECH

Woodland Hills-based Music Reports , the developer of software used for managing music rights and royalties reporting, said this morning that it has signed a licensing and reporting agreement with Cricket Communications , the operator of the Muve Music digital music service. Music Reports said it will provide music publishing data matching, licensing, and royalty reporting services to Muve.

Report: Hyperloop One Looks For $250M More

socalTECH

Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. READ MORE>>. hyperloop infrastructure transportation venture capital transport elon musk investment

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Qualcomm, Sharp In Joint Development Deal

socalTECH

San Diego-based Qualcomm has inked a deal with Japanese display maker Sharp , to invest approximately $61M (5 billion yen) in Sharp, as part of a joint development deal. The deal, first reported by Japanese newspaper Nikkei, said that the two will work together to develop an energy-efficient, LCD panel for smartphones. Reports says the move gives Qualcomm 5 percent of Sharp.