TechCrunch LA

JANUARY 28, 2020

Looking for fellow travelers to join in on its mission to transform the beverage business, the Los Angeles-based startup Bev has taken on fresh capital from a slew of strategic investors. . The company has added Erin and Sara Foster, creative heads of Bumble BFF and Bumble Biz, to their investor and creative talent pool along with other notable names like Rich Paul, Simon Tikhman, Keith Sheldon and Chief Zaruk.

Product 146

Product Entrepreneur Platform Los Angeles 146

socalTECH

JANUARY 28, 2020

A new report, issued by Next 10, a group which advocates for improving the quality of life in California, claims that the electrification of light-duty vehicles in California would boost the state economy, in particular by avoiding fuel costs. The group said its new report, Clean Transportation: An Economic Assessment of More Inclusive Vehicle Electrification in California , found that if the state achieves electric vehicle (EV) adoption which is consistent with its climate goals, it would creat

Report 124

Report Study Resource Services 124

Xconomy

JANUARY 28, 2020

Subtle changes can presage a worsening of a chronic condition, but symptoms may not become apparent to a patient until it’s time to call an ambulance. BioIntelliSense, a Denver-based digital health startup, has developed a wearable sensor meant to monitor patients’ vital signs remotely and provide near real-time data that clinicians can use to identify physiological changes indicating a need for intervention.

Networking 134

Networking Startup Develop Development 134

socalTECH

JANUARY 28, 2020

Santa Monica-based Cornerstone OnDemand said this morning that it has joined an industry group, which is looking to accelerate the development of a universal blockchain-powered network for human resources. According to the firm, it is a founding member of the Velocity Network Foundation , a nonprofit which also includes Aon's Assessment Solutions, Cisive, HireRight, Korn Ferry, National Student Clearinghouse, Randstad, SAP, SumTotal Systems, SHL, Ultimate Software, Unit4, Upwork, Velocity Career

Cornerstone OnDemand 124

Cornerstone OnDemand Technology Southern California Santa Monica 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

L.A. Business Journal

JANUARY 28, 2020

GLG Gaming Inc. raised a $5 million seed round for ProGuides, its instructional video platform for gamers.

Platform 130

Platform 130

socalTECH

JANUARY 28, 2020

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Financial details of the buy were not announced. According to ServiceNow, the deal will help it advanced its own artificial intelligence capabilities, including the addition of support for all major languages on its platform.

Artificial Inteligence 124

Artificial Inteligence San Diego Acquisition Tool 124

socalTECH

JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock. According to the companies, the business will provide company employees and shareholders access to money for their shares, with the money repaid when the company has an IPO or sale.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

Xconomy

JANUARY 28, 2020

Biopharmaceutical companies focused on advanced therapies are changing industry R&D, manufacturing, and supply chain models according to KPMG. The audit, tax, and advisory services firm shared details of the trend in its Healthcare & Life Sciences Outlook report, explaining that for companies developing cell, gene, and nucleic acid-based therapies, innovation is a necessity.

Report 89

Report Services Develop Development 89

socalTECH

JANUARY 28, 2020

Santa Monica-based on-demand scooter company Bird has raised $75M more, and acquired a Berlin-based Circ , which operates its own scooter business in Europe. According to Bird, the additional funding was an extension to its Series D funding round, bringing that round total to $350M, with funding from Target Global, Team Europe, Idinvest Partners, and Signals VC.

Santa Monica 113

Santa Monica Venture Capital Demand Acquisition 113

Xconomy

JANUARY 28, 2020

Sotatercept was one of the first compounds to emerge from the labs of Acceleron Pharma, but it became a forgotten piece of the company’s pipeline. Passed over as a candidate to treat a rare blood disorder and stalled in tests in chronic kidney disease, little was expected of the drug. The drug’s prospects have changed for the better. Acceleron (NASDAQ: XLRN ) late Monday reported positive preliminary data from mid-stage tests of sotatercept in pulmonary arterial hypertension.

Study 73

Study Report San Diego Company 73

socalTECH

JANUARY 28, 2020

San Diego-based venture investor Finistere Ventures has just raised the first $65M in a funding round, which looks to be the first funds as part of an effort to raise $250M in total for the company's third fund, Finistere Ventures III, according to a regulatory filing by the firm. As expected, Finistere has not announced any of the details of the new fund, due to restrictions placed upon venture capital fundraising efforts by the SEC.

Invest 113

Invest Funding San Diego Venture Capital 113

Xconomy

JANUARY 28, 2020

Two privately held biotechs on Tuesday announced plans for reverse mergers, transactions that provide a faster route to go public than a conventional IPO and also give struggling public companies a chance to recoup some value for their shareholders. San Diego regenerative medicine company Histogen announced an agreement to gain a Nasdaq listing through a merger with Conatus Pharmaceuticals (NASDAQ: CNAT ).

San Diego 63

San Diego Marketing Company Companies 63

Startup San Diego

JANUARY 28, 2020

When is the right time to give someone a raise or promotion? What if they ask you for one before you think they're ready? Here are some tips to navigate this situation. The post Do Your Employees Deserve a Raise? appeared first on Startup San Diego.

San Diego 54

San Diego Tips Startup Guide 54