L.A. Business Journal
FEBRUARY 27, 2018
In a deal expected to be worth at least $1 billion, Amazon will acquire Ring, a Santa Monica-based startup that makes security cameras and doorbells operated through smartphones.
socalTECH
FEBRUARY 27, 2018
San Diego-based Citadel Defense Company , which develops systems to neutralize the threat of drones to the US military, critical infrastructure, and other potential targets, said this morning that it has raised $12M in a Series A funding round. The funding was led by Lightspeed Venture Partners. Citadel, led by CEO and co-founder Daniel Magy, says its technology works by scanning the RF spectrum for drone control signals and first-person-view (FPV) downlinks, and allowing operators to defeat Wi-
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
L.A. Business Journal
FEBRUARY 27, 2018
Amazon to acquire Ring for estimated $1 billion; Sprint plans for 5G network in Los Angeles; and Amp.it to participate in Google Demo Day.
socalTECH
FEBRUARY 27, 2018
Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to a yet-unconfirmed report on Tuesday afternoon. Ring, founded by Jamie Siminoff, makes a very popular line of video doorbells, which allow people to see and talk to people at their door. Details of the acquisition, and confirmation of any acquisition, were not yet announced.
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.
Xconomy
FEBRUARY 27, 2018
The schism between Arcturus Therapeutics’ board and its former chief executive is now putting the company at risk of missing key financial reporting deadlines, and possibly even losing its stock listing. The San Diego drug developer said late Monday that the typically routine step of ratifying the company’s auditor failed a shareholder vote. Arcturus (NASDAQ: ARCT ) blamed the failure on Joseph Payne, who was fired as CEO on Feb. 1.
socalTECH
FEBRUARY 27, 2018
Amgen Ventures , the venture capital arm of Amgen , is one of the investors in synthetic biology startup Senti Biosciences. Senti said on Tuesday that it has raised $53M in a funding round. The funding round led by New Enterprise Associates, and also included 8VC, Amgen Ventures, Pear Ventures, Lux Capital, Menlo Ventures, Allen & Company, Nest.Bio, Omega Funds, Goodman Capital, and LifeForce Capital.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
FEBRUARY 27, 2018
Carlsbad-based satellite Internet provider Viasat said this morning that it has extended its high speed, satellite Internet service nationwide, as it ramps up access to its ViaSat-2 satellite. According to Viasat, it will offer up speeds of up to 100 Mbps through its satellite-based, home Internet service, which is available to consumers nationwide.
socalTECH
FEBRUARY 27, 2018
Ventura-based SloanLED , a developer of LED lighting products and power supplies, has acquired Litecorr , a LED lighting products manufacturer, according to private equity investor Baird Capital. Baird Capital owns SloanLED. Financial terms of the acquisition were not announced. Baird Capital says the buy will help the companies expand their global reach and product line.
socalTECH
FEBRUARY 27, 2018
Irvine-based United Scope , a maker of microscopes and accessories which operates under the name AmScope , has been acquired by private equity investor L Squared Capital Partners , via a majority recapitalization. Financial details of the transaction were not announced. United Scope sells its products to the education market, life sciences, scientific research, and industrial inspection markets.
socalTECH
FEBRUARY 27, 2018
Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to yet-unconfirmed reports. The deal is reportedly worth around $1 billion. Ring, founded by Jamie Siminoff, makes a very popular line of video doorbells, which allow people to see and talk to people at their door. Details of the acquisition, and confirmation of any acquisition, were not yet announced.
socalTECH
FEBRUARY 27, 2018
Stratolaunch , the aerospace startup funded by Microsoft co-founder Paul G. Allen, has sent the world's largest plane down a runway in Mojave, as it gets closer to flight tests. According to Stratolaunch, its taxi tests--which had its plane reach a top speed of 40 knots (45 mph)--are a preview to flight tests for later this year. Stratolaunch is developing the enormous plane as a platform to launch satellites and other payloads into space.
Expert insights. Personalized for you.
189 
Let's personalize your content