Wed.Sep 07, 2016

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IDrive Launches On Premise, Cloud Backup Appliance

socalTECH

Los Angeles-based online backup and storage provider IDrive has launched a new, on-premise backup appliance, which it says makes it easier for its users to back up their data to the cloud. IDrive said its new IDrive Private Cloud is a 6TB, on premise backup solution, which also includes 6TB of cloud based backup space. The rack mountable server is aimed at providing faster backup and restore for its customers, and costs $1000 for the first year.

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GreenLAVA and H2O TECHCONNECT Workshop at LACI

SoCal Tech Calendar

Friday, September 9, 2016 -- GreenLAVA and H2O TECHCONNECT Workshop at LACI. GreenLAVA and H2O TECHCONNECT Workshop - Discover over $100 Million in Opportunities with Water Utilities; learn about partnering and vetting opportunities with Engineering Firms; and discover resources for emerging technologies. We encourage anyone with water innovations, technologies, strategies or devices to attend and START CONNECTING!

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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017. It appears that IPO season has just opened in Southern California's high tech community, with more IPO activity in the last couple of weeks than the region has seen in the last year, including an IPO in the works for Ventura-based The Trad

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Global LAVA Sep 8th; Brexit: What's Next

SoCal Tech Calendar

Thursday, September 8, 2016 -- Global LAVA Sep 8th; Brexit: What’s Next. Get your questions ready and enjoy meeting likeminded peers at our usual spot at the heart of Century City – thanks to our newest Global LAVA sponsor Littler recognized as a Leading Firm in Chambers Global 2016 and acknowledged as "North America Innovative Lawyers" by the Financial Times.

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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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VIZIO Launches Whole Home Audio Speaker System

socalTECH

Irvine-based VIZIO announced this morning that it has launched a new set of multi-room speakers, designed for whole home audio. According to VIZIO, the new VIZIO SmartCast Crave Pro and Crave 360 Speakers support Google Cast for audio streaming, and can be controlled by mobile devices through Wi-Fi. The new SmartCast Crave 360 Speakers have a MSRP of $249.99 and the Crave Pro speakers will have a MSRP of $299.99.

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Jesse Draper, Tech Investor and Creator and Host The Valley Girl Show

SoCal Tech Calendar

Tuesday, September 13, 2016 -- Jesse Draper, Tech Investor and Creator and Host of Emmy Nominated Series, The Valley Girl Show. Cal Lutheran Center for Entrepreneurship. The Entrepreneur Speaker Series will be held the 2nd Tuesday of every month beginning in September and runs through May 2017. We have an exciting lineup starting with Jesse Draper, creator and host of the 2015 Emmy nominated television series, “The Valley Girl Show”, as well as General Partner of Halogen Ventures.

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Fireside Chat w/StyleSeat Founder and CEO, Melody McCloskey

SoCal Tech Calendar

Tuesday, September 13, 2016 -- Fireside Chat w/StyleSeat Founder and CEO, Melody McCloskey. Startups Uncensored. This month's Startups Uncensored will be a fireside chat with StyleSeat Founder and CEO, Melody McCloskey, hosted by Comparably Co-Founder and CEO, Jason Nazar. Melody McCloskey, is the Founder and CEO of StyleSeat, the largest online marketplace for the $78b beauty and wellness industry.

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Microsemi Adds To Board

socalTECH

Aliso Viejo-based semiconductor developer Microsemi announced today thatit has named Kimberly Alexy to its board of directors. Alexy serves on the boards of FireEye, Five9, CalAmp, and VIZIO. The company said Alexy has more than 20 years of combined experience, and has chaired audit, compensation, nomination and governance committees at mlutiple publicly traded companies.

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Silicon Beach Report Sept. 7: Snapchat Eyeing IPO

L.A. Business Journal

Snapchat eyeing IPO, Activision hires new Major League Gaming chief, Crackle to make original virtual reality content, and more.

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The Trade Desk Sets IPO Pricing Range

socalTECH

Ventura-based The Trade Desk has set the initial estimated pricing range for its IPO, saying in a filing on Tuesday that it now expects its IPO to be between $14.00 and $16.00 per share. The company is selling 4,666,667 shares of its common stock in the offering. The Trade Desk has applied to list on the NASDAQ Global Market as TTD. The Trade Desk operates an online advertising exchange.

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Immunotherapy Clinical Tests Spur Hope, and Plenty of Headaches

Xconomy

Thanks to remarkable results in a small group of patients, including former U.S. President Jimmy Carter , cancer immunotherapy has spurred talk of once impossible-to-imagine cures and has gained its share, perhaps more than its share, of hype. But immunotherapy is also creating new challenges and exacerbating old ones for doctors, patients, and researchers.

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AirMap Adds Real Time Air Traffic Avoidance Data

socalTECH

Santa Monica-based AirMap , which is developing APIs and tools to help drone operators and manufacturers better avoid restricted air space, has linked up with a provider of live flight data to use live, real time air traffic data to avoid airplanes. According to AirMap, it is tapping into live flight data from PASSUR Aerospace , integrating that data with AirMap's real time, traffic alert system for unmanned aircraft.

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Turning Ideas Into A Business Requires Smart Selling

Startup Professionals Musings

Most aspiring entrepreneurs believe that a great idea alone will assure business success. Experts argue that it’s more important to have a great plan, and personal business acumen. Hardly anyone mentions selling principles. Yet in this age when customers have a thousand alternatives, and are overwhelmed by a multitude of messages, sales efforts can make or break a business.

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Report: Snapchat Nearing 1 Billion In Ad Revenues

socalTECH

A report, published by eMarketer on Tuesday, says that Venice, California-based Snapchat will earn an estimated $1 billion in ad revenues next year. The report predicted that Snapchat will represent 2 percent of social network ad dollars in the US next year. eMarketer said it calculated the ad revenues based on its own revenue model, consumer adoption estimates, monetization trends at similar social networks, and monetization assumptions for different Snapchat ad products.

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Retrophin Drug Licensed by Shkreli Shows Positive Phase 2 Results

Xconomy

Retrophin , the drug developer founded by controversial former biotech executive Martin Shkreli, has posted positive results from a midstage study for its treatment for a rare kidney disease. San Diego-based Retrophin said that its drug, sparsentan, outperformed another drug sometimes used to manage a rare kidney disease, called focal segmental glomerulosclerosis (FSGS), in a Phase 2 clinical trial.

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Western Digital Bumps Expectations

socalTECH

Irvine-based storage developer Western Digital has bumped its financial expectations for its fiscal first quarter, saying that it now expects first quarter revenues of between $4.45 billion to $4.55 billion, up from an earlier forecast of $4.4 billion to $4.5 billion. The company said it is increasing its revenue expectations due to its recent acquisition of SanDisk, plus progress in integrating its WD and HGST subsidiaries, and a better product mix.

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New Cybersecurity Alliance Continues Trend of Industry Collaboration

Xconomy

For the cybersecurity industry, 2016 is shaping up to be the year of alliances. There have been a series of tie-ups, as security-tech companies try to boost their businesses and amplify their products via acquisitions. IBM bought Resilient Systems , Cisco Systems snapped up CloudLock , Symantec acquired Blue Coat , and Carbon Black purchased Confer , to name a few.

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