TechCrunch LA

SEPTEMBER 30, 2019

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. The company used its overdraft protection service and money management display to shift customers’ focus away from the total balance that their account would show by giving them a sense of how much was actually left in their accounts once debit

Company 262

Company Companies Startup Tips 262

socalTECH

SEPTEMBER 30, 2019

Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. Financial terms of the acquisition were not announced. According to Jaunt, Verizon has acquired Jaunt's software and technology, among other assets.

Redpoint 133

Redpoint Content Acquisition Los Angeles 133

Startup Professionals Musings

SEPTEMBER 30, 2019

Outside of dreams, there is no real business opportunity without risk. Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. My conclusion either way is that they have no market, or haven’t looked.

Entrepreneur 107

Entrepreneur Marketing Customer Custom 107

socalTECH

SEPTEMBER 30, 2019

BlackBerry said on Monday that it is launching a brand new, advanced lab called the BlackBerry Advanced Technology Development Labs , which will leverage technology created by Irvine-based Cylance. BlackBerry acquired in February of 2019 in a deal worth $1.4 billion. According to BlackBerry, the new business unit will focus on research and development in the cybersecurity space.

Artificial Inteligence 124

Artificial Inteligence Research Software Development Software 124

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.

Company

socalTECH

SEPTEMBER 30, 2019

Data center hosting provider CoreSite Realty Corporation said late last week that it has upgraded its energy efficiency at its data center in downtown Los Angeles, in an effort with the Los Angeles Department of Water and Power (LADWP). According to CoreSite, it received an award from the LADWP for its efforts, which it says included implementing an "extensive cooling system retrofit" which is expected to save more than 9.8 million kWh of energy annually.

Los Angeles 124

Los Angeles Angel Marketing Technology 124

socalTECH

SEPTEMBER 30, 2019

What are some of the biggest issues that brand new, first time entrepreneurs run into in starting their companies? Matt Crowley an attorney who runs the LAVA First Time Entrepreneurs Workshops and also has his own practice in Los Angeles, Crowley Corporate Legal Strategy, gives first time entrepreneurs some advice. READ MORE>>.

LAVA 113

LAVA Los Angeles Entrepreneur Angel 113

socalTECH

SEPTEMBER 30, 2019

Private equity investor Blackstone , through its nonprofit, charity arm--the Blackstone Charitable Foundation , and the University of California system are expanding their efforts to boost entrepreneurship at schools, based off of the success of the program's efforts in Los Angeles at the University of California Los Angeles. According to Blackstone and the University of California, they are expanding their Blackstone LaunchPad powered by Techstars program with $5M, and expansion to more UC camp

UCLA 113

UCLA Los Angeles Equity Angel 113

socalTECH

SEPTEMBER 30, 2019

Elon Musk has unveiled a prototype of the massive spacecraft, the Starship Mk1 , this weekend, the spacecraft that he says will carry people to Mars and back. According to Musk, at an event in Texas, the Starship Mk1 unveiled by Los Angeles-based SpaceX is expected to have its first test flight shortly, to an altitude of just under 70,000 feet, using three of its Raptor rocket engines.

SpaceX 113

SpaceX Los Angeles Angel 113

socalTECH

SEPTEMBER 30, 2019

Carlsbad-based satellite communications company Viasat reported a new contract with the U.S. Navy this morning, where it will receive a sole source contract to provide its small tactical terminals to support foreign military sales. Viasat did not say how much the contract is expected to be worth to the company. The company said the Indefinite Delivery Indefinite Quantity (ID/IQ) will go to supply its multi-channel radios to international military partners; those terminals are used to send encryp

Sales 100

Sales Report Company Companies 100

socalTECH

SEPTEMBER 30, 2019

Los Angeles-based Korn Ferry , the management consulting giant, has acquired three companies from TwentyEighty , the company said this morning. According to Korn Ferry, it has acquired Miller Heiman Group , AchieveForum , and Strategy Execution. Financial terms of the acquisitions were not announced. According to Korn Ferry, the acquisition will help it bolster its learning, development, and training offerings.

Company 100

Company Companies Training Acquisition 100