L.A. Business Journal
MAY 17, 2021
Augmented reality and holographic technology exist largely as a novelty for most Americans. But as smartphone cameras evolve and 5G networks come online, many investors and businesses are betting that the technology will become commonplace.
Startup Professionals Musings
MAY 17, 2021
Many professionals in business, from startups to multi-nationals, assume that team leader or executive is an appointed position, and the skills come with the title. In reality, leadership is best demonstrated while not in a position of authority, and is a skill that must be sharpened every day of your life. Most experts agree that leadership, as perceived by people around you, is more about behavior than it is about specific skills or knowledge.
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L.A. Business Journal
MAY 17, 2021
Pasadena-based Embodied Inc. released a product last year called Moxie, an artificial-intelligence-enabled robotic companion for young children.
socalTECH
MAY 17, 2021
Los Angeles-based Canoo, which is in the midst of developing its own, futuristic-looking electric vehicle, has started taking reservations for its yet-to-be-developed van, its "Lifestyle Vehicle". Canoo said that interested buyers can pay a $100 deposit for the vehicle, which it says will cost $34,750. The companies said the "Lifestyle Vehicle" will be available in 2022.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
L.A. Business Journal
MAY 17, 2021
Downtown-based cloud and digital technology company J2 Global Inc. saw a 20% jump in revenue in the first quarter as its digital media assets boomed.
socalTECH
MAY 17, 2021
Goleta-based construction management software developer Procore is expected to have its IPO debut this week, planning to raise $592M at a $8.9 billion market cap. The company's software is used to manage construction projects, including plans, schedules, logistics, and many other aspects of that business. Procore has been eyeing an IPO since 2019. The IPO looks to be the first in the technology sector for the Santa Barbara area since Sonos went IPO in 2018.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MAY 17, 2021
San Diego-based Nuvve, a publicly held company developing "vehicle-to-grid" projects which would tie school buses and other commercial fleets into the electric grid, says it is in a $750M joint venture with private equity firm Stonepeak Partners LP. According to the two companies, they have created a new joint venture called Levo Mobility LLV, which will use Nuvve's vehicle-to-grid technology to accelerate the deployment of electric fleets, including thousands of zero-emission electric school bu
L.A. Business Journal
MAY 17, 2021
Los Angeles’ latest startup accelerator is welcoming its first class of fledgling companies.
socalTECH
MAY 17, 2021
Symplr, the enterprise healthcare governance, risk management, and compliance software company backed by Santa Monica-based Clearlake Capital Group, says it is acquiring another healthcare software company, HealthcareSource. Financial details of the transaction were not announced. Symplr is buying HealthcareSource from another private equity firm, Francisco Prtners.
socalTECH
MAY 17, 2021
San Diego-based Neuropore Therapies, which is developing treatments for Parkinson's disease, reported today that it has received $20M in a milestone payment from UCB. Neuropore Therapeutics said the payment is related to its collaboration with UCB and the evaluation of UCB0599 for the treatment of Parkinson's Disease. Doug Bonhaus is President and CEO of Neuropore Therapies.
socalTECH
MAY 17, 2021
Los Angeles-based electric vehicle developer Faraday Future says that its luxury electric ar, the FF 91, will include new voice controls and rear-seat video conferencing, as it continues to define what its upcoming electric car will include. According to Faraday Future--which has yet to start delivering vehicles to the public--its FF 91 will include a 27 inch rear passenger display, which can be raised and lowered using voice commands.
socalTECH
MAY 17, 2021
A weekend launch by Long Beach-based rocket developer Rocket Lab has destroyed two satellites, in what the company described as an "issue" with its stage two rocket. The launch on Saturday from Rocket Lab's Launch Complex 1 in New Zealand occurred just after the Electron's two stages separated. In a statement, Rocket Lab said that the "issue occurred shortly after stage two ignition".
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