Fri.Jun 10, 2016

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J2 Global Submits $100M Bid for Gawker Media

L.A. Business Journal

J2 Global Inc.’s publishing division Ziff Davis has reportedly submitted an opening bid of $90 million to $100 million for Gawker Media, which is putting itself up for sale after filing Chapter 11 bankruptcy on Friday.

Media 140
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Digital Domain Holdings Buys Digital Funk Machine For New VR Game Studio

SoCal Tech Calendar

Playa Vista-based Digital Domain Holdings , which is the parent company of visual effects company Digital Domain, said on Thursday that it has acquired videogame developer Digital Funk Machine , and created a new division called Digital Domain Interactive. Financial terms of the acquisition were not disclosed. Digital Domain said the new interactive unit will focus entirely on development and production of virtual reality content.

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The Virtual Reality Co. Raises $23M: Silicon Beach Afternoon Roundup

L.A. Business Journal

The Virtual Reality Co. raises $23 million, Legendary launches live-streaming, set-top box content company Frequency raises $11 million, and more.

Content 113
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EnGenius Rolls Out New MU-MIMO Wireless Access Point

SoCal Tech Calendar

Costa Mesa-based EnGenius Technologies , the developer of wireless networking products, said this week that it has rolled out a new, outdoor Mu-MIMO access point. EnGenius said its ENS620EXT Outdoor 11ac Wave 2 AC1300 Access Point supports the dual band 802.11ac Wave 2 standard, with multiple-user and multiple input, multiple output support for better user capacity, and is designed for outdoor installation.

Design 109
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Xconomy Guide to Best Sessions at Startup Week San Diego

Xconomy

Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. Seattle’s UP Global, now part of Techstars, oversees the operation of Startup Week and other programs for tech entrepreneurs across the U.S. and abroad. But while Startup Week San Diego has always collaborated with UP Global, San Diego entrepreneur and Startup Week organizer Austin Neudecker said, “We’ve always been an independent entity.”.

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Zadara Rolls Out New Enterprise Cloud Storage Offering

SoCal Tech Calendar

Irvine-based Zadara Storage , which develops enterprise storage-as-a-service hardware, software, and services, said this week that it has launched a new product called the Zadara Cube. According to the company, the new product is based on its existing VPSA Storage Array technology, and connects customers into Amazon Web Services. Zadara said all charges for Zadara Cube show up on a customer's AWS bills, alongside other AWS services.

Web 109

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Cylance Joins The Unicorn Club

SoCal Tech Calendar

Irvine-based Cylance , the cybersecurity software developer which just announced a $100M funding round this week, appears to have joined the rare club of Southern California "unicorns", with that funding round being valued at more than $1 billion, according to several reports. The Series D funding was led by Blackstone Tactical Opportunities and Insight Venture Partners, and also included prior investors In-Q-Tel, Capital One, Dell Ventures, DFJ Growth Fund, FairHaven Capital Partners, Khosla Ve

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Are You Selling Solutions Through The Right Channel?

Startup Professionals Musings

Even the best products and solutions won’t go anywhere unless you sell them through the right channels. For example, if you watch the TV show “Shark Tank,” you will remember several entrepreneurs with specialty products doing well online who want money to move into big box retail. They usually get chastised and declined for ignoring the realities of the retail channel.

Pricing 54