Thu.Sep 24, 2020

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So, do you have that entrepreneurial DNA?

Berkonomics

My immediate family members were entrepreneurs from as far back as I can trace. Dad was a jeweler, then a furniture store owner. Mom wrote books and articles from her college days until she could no longer see the keyboard. One grandfather owned and maintained his apartment houses. The other was a grocer, then a jeweler. My entrepreneurial start.

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Helicoid Industries Finds $2.4M

socalTECH

Indio, California-based Helicoid Idustries , a startup developing advanced composite materials for use in the wind turbine, aerospace, sporting goods, auto parts, defense, and industrial market, has raised $2.4M--the first part of what looks like an ongoing $5M investment round. According to a regulatory filing by the firm, it raised $2,425,810 from 3 investors so far in the funding round.

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SoCal Tech Calendar - Untitled Article

SoCal Tech Calendar

Thursday, September 24, 2020 --.

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Video: Amazon Ring's New Home Security Drone

socalTECH

Los Angeles-based Ring announced its new, autonomous indoor drone, designed to patrol your home and record video, and which communicates with Amazon Alexa, as well as to alert the homeowner of any intrusions or other issues, on Thursday. READ MORE>>.

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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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Ring Announces Home Security Drone

socalTECH

Want to keep a better eye on your home while you are gone? Los Angeles-based Ring said on Thursday that it has developed an in-home security drone, which can patrol your home from room to room on a regular schedule, alerting homeowners of any intruders or other issues. Ring said the new Always Home Cam , a small drone, can't be manually controlled, but can be set on a regular patrol route through your home.

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SketchyMedical Finds $30M For Online, Visual Education

socalTECH

Los Angeles-based SketchyMedical , a startup best known for presenting medical topics using graphical illustrations and art, said on Thursday that it has raised $30M in a funding round. The funding came from TCG. According to the company, the new funding will go towards scaling the company's growth, as well as for a new in-house studio for live content and animation.

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L Squared Capital Closes $500M Fund

socalTECH

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. The investor said limited partners include a number of large, US-based family offices. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

Capital 113
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MarketCast Acquires Deductive

socalTECH

Los Angeles-based media and entertainment research firm MarketCast says it has acquired data science services provider Deductive. Financial terms of the acquisition were not announced. According to MarketCast, Deductive--formerly known as Dativa--will help expand its data science services for media and entertainment companies and brands. Deductive was founded by Michael Collette and Tom Weiss, both of wom will join MarketCast as part of the acquisition.

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Camera IQ Raises $5M For AR Efforts

socalTECH

Los Angeles-based Camera IQ , a developer of augmented reality (AR) software, said this morning that it has raised $5M more in its Series A funding, bringing its total raised to over $14M. The new round was led by Shasta Ventures, and also included Waverly Capital, Betaworks Ventures, Sway Ventures, plus Grand Ventures, Space Capital, and Gingerbread Capital.

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