TechCrunch LA
FEBRUARY 14, 2018
Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Read More.
Both Sides of the Table
FEBRUARY 14, 2018
If you haven’t yet heard about Female Founder Office Hours it is an initiative you should be aware of whether you’re male, female or any other gender identify. The idea is simple enough: several female VC partners at top funds will hold 1-hour meetings with 40 promising female entrepreneurs looking to get advice on their business and pitch in a friendly, non-judgmental, safe environment.
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TechEmpower
FEBRUARY 14, 2018
What better day than Valentine's Day to renew one's vow to create high-performance web applications? Respecting the time of your users is a sure way to earn their love and loyalty. And the perfect start is selecting high-performance platforms and frameworks. Results from Round 15 of the Web Framework Benchmarks project are now available! Round 15 includes results from the physical hardware environment at Server Central.
TechCrunch LA
FEBRUARY 14, 2018
Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that's already been profitable, and has just raised $9 million in venture funding to boost its growth. .
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
FEBRUARY 14, 2018
City of Commerce-based Hollar Inc., operators of an online discount store, recently announced that it had deployed 100 “picker robots” to help with automating fulfillment services at its warehouse.
socalTECH
FEBRUARY 14, 2018
Los Angeles-based venture investor Mucker Capital , led by Erik Rannala and William Hsu, has booted up an effort to raise a new fund, Mucker IV, worth $55M, according to a regulatory filing by the firm this week. No details on the new fund have yet been announced by the venture investment firm, which has not yet signed its first limited partner in the new fund, according to the filing.
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 14, 2018
Newport Beach-based patent licensing firm Acacia Research has made its first move into the blockchain and cryptocurrency market, saying this morning that it has made an investment in New York-based Bitzumi. According to Acacia, it invested $1M in equity in Bitzumi in a joint venture, with the option to invest up to an additional $9M in the company. Bitzumi is developing technology for the cryptocurrency and blockchain industries, including a next generation decentralized exchange.
L.A. Business Journal
FEBRUARY 14, 2018
Electric scooter sharing startup Bird announced on Feb. 14 that it raised a $15 million Series A round.
socalTECH
FEBRUARY 14, 2018
Santa Barbara-based FastSpring , which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives. Financial details of the acquisition were not announced.
Xconomy
FEBRUARY 14, 2018
The FDA has approved the first blood test to help diagnose concussions, clearing a path to the market for a diagnostic that could reduce the use of expensive brain imaging technologies that expose patients to radiation. The approval goes to San Diego diagnostics developer Banyan Biomarkers. The company’s test, called Banyan BTI (short for brain trauma indicator), measures the levels of two proteins that the brain releases into the blood in the hours following a head injury.
socalTECH
FEBRUARY 14, 2018
Los Angeles-based software developer Cornerstone OnDemand has a new marketing chief, saying on Wednesday that it has named Adrianna Burrows as the company's new Chief Marketing Officer. Burrows was previously at Stack Overflow, and previously also served as General Manager of Windows marketing at Microsoft. Burrows also had spent 13 years with PR agency Waggener Edstrom Worldwide.
Xconomy
FEBRUARY 14, 2018
As the last year has shown, the tech industry has a significant problem with sexual harassment and ensuring that women are treated equitably in the workplace. Now, some founders are seeking to use tech tools such as chatbots, artificial intelligence, analytics, and mobile to help clients remedy those deficiencies. One of those founders is Heather Yanak, a Houston-based attorney who recently co-founded B3ond (pronounced “beyond”), a consultancy that works with companies to assess workplace cultur
socalTECH
FEBRUARY 14, 2018
JMI Equity , a private equity investor which has one of its two offices in La Jolla, is the lead investor in HackerRank , a startup which operates an online platform to help companies identify and evaluate technical talent. JMI Equity lead a $30M in a Series C funding round according to HackerRank, and also included Khosla Ventures, Battery Ventures, Randstad Innovation Fund, and Chartline Capital Partners.
Startup Professionals Musings
FEBRUARY 14, 2018
Sometimes entrepreneurs are so focused on making change happen for customers that they forget that continually changing themselves and their company is equally important. Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent themselves into a new market.
socalTECH
FEBRUARY 14, 2018
Los Angeles-based private equity investor Marlin Equity has acquired San Francisco-based Inkling Systems , a developer of enterprise software for field workforce operations management. Financial details of the buy were not announced. The companies said Inkling will continue to operate from its headquarters in San Francisco with its existing executive leadership team.
Xconomy
FEBRUARY 14, 2018
In order to better position itself against competitors like Costco Wholesale (NASDAQ: COST ) and Amazon (NASDAQ: AMZN ), Sam’s Club, the bulk retailer owned by Walmart (NYSE: WMT ), is now offering free shipping for many items as part of a revamping of its membership programs. With a $100 annual fee—just one dollar more than the cost of a similar Amazon membership—Sam’s Club Plus members will receive free shipping on nearly all items with no minimum purchase.
socalTECH
FEBRUARY 14, 2018
What's going on with Southern California's innovation economy, and where is the action? Rob Freelen of Silicon Valley Bank (one of our sponsors) shares his opinions on where things are going in our Insights and Opinions section. With 2017 now in the rear view mirror, we are looking ahead to 2018. Personally, I couldn't be more excited about the SoCal tech scene and burgeoning local capital market.
socalTECH
FEBRUARY 14, 2018
Santa Monica-based Bird , a new startup focused on "last-mile" electric vehicle sharing, has raised $15M in a Series A funding, according to the company. The funding was led by Craft Ventures, the newly formed venture capital fund founded by David Sacks and Bill Lee. According to Bird, it is offering up low cost, "last-mile" electric vehicle transportation from a subway or bus to their destination.
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