socalTECH

JANUARY 22, 2018

Culver City-based PacketFabric , a startup working on connecting major, carrier-neutral colocation facilities with terabit-scale network technology, has raised $25M in a Series B funding, according to the company. The funding came from NantCapital, the venture investment arm of billionaire Dr. Patrick Soon-Shiong and his NantWorks effort. According to PacketFabric, it now has a presence at more than 150 Points of Presence (PoPs) in 17 metro markets.

Culver City 170

Culver City Networking Funding Invest 170

L.A. Business Journal

JANUARY 22, 2018

PacketFabric raises $25 million from NantCaptial, SpaceX Falcon Heavy testing delayed by government shutdown and organic perfumer Skylar Body raises $3 million.

SpaceX 124

SpaceX Report Organization 124

socalTECH

JANUARY 22, 2018

Los Angeles-based mobile game company Jam City said Monday that it has tied with Green Bay Packers' Ty Montgomery, to support a charity supporting foster care families via its game, Panda Pop. According to the company, Jam City is donating $15,000 to the Coalition for Children, Youth & Families as part of its partnership with Montgomery. Jam City said Montgomery--a running back for the Green Bay Packers--is helping to back a "Panda Pop Save the Babies Event" to raise money for the charity.

Los Angeles 153

Los Angeles Mobile Help Angel 153

Xconomy

JANUARY 22, 2018

A San Diego startup says it has adapted the blockchain technology that underpins digital currencies like Bitcoin for use as a distributed database for genomic information. Luna DNA’s efforts mark one of the early attempts to apply blockchain technology in healthcare, as advocates of the much-hyped technology try to make use of it in sectors other than cryptocurrencies.

San Diego 110

San Diego Technology Startup Web 110

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

JANUARY 22, 2018

Newport Beach- and Philadelphia-based InstaMed , which operates a payment network for the healthcare industry, has named Frank McAnally as Chief Financial Officer. McAnally was most recently CFO of the Institutional and Wholesale business at Fidelity National Information Systems (FIS). McAnally is based in Philadelphia. InstaMed is backed by Carrick Capital Partners.

Networking 113

Networking Capital 113

Xconomy

JANUARY 22, 2018

In the coming years, artificial intelligence will have many transformative impacts, but the one perhaps most resembling science fiction will be the rise of autonomous physical systems: real-world systems that can make decisions for themselves. Of these autonomous systems, self-driving cars have captured the most attention. But the field of manufacturing, which represents one-sixth of the global economy, stands to be impacted as much by A.I.

Artificial Inteligence 97

Artificial Inteligence San Diego Software 97

Startup Professionals Musings

JANUARY 22, 2018

These days, it is almost impossible to find a small business where everything is done at the home location, by full-time employees. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure.

Outsource Development 72

Outsource Development Outsource Training Summary 72

socalTECH

JANUARY 22, 2018

Huntington Beach-based Rocket Lab , which is developing space launch rockets for delivering small satellite payloads into space, has seen its first successful launch into space. According to Rocket Lab, it delivered three satellite payloads into space from New Zealand on Sunday, placing an Earth imaging satellite for launch customer Planet, and two weather and ship tracking satellites for Spire into space.

Customer 113

Customer Custom Develop Development 113

SoCal Tech Calendar

JANUARY 22, 2018

Sunday, January 28, 2018 --.

100

100

socalTECH

JANUARY 22, 2018

Hawthorne-based SpaceX --on the cusp of launching its new, Falcon Heavy rocket into space for the first time--is seeing delays due to the government shutdown , according to a report today. According to The Verge, SpaceX has been forced to delay static test firing operations due to lack of government personnel at its launch site at NASA's Kennedy Space Center.

SpaceX 113

SpaceX Report Hawthorne Sites 113

Xconomy

JANUARY 22, 2018

The first gene therapy approved in the U.S. costs $850,000. Announcing the price on Jan. 3, its owner Spark Therapeutics held out the possibility of some relief, such as installment payments, or slim rebates if the drug, a one-time shot into each eye to reduce or reverse inherited vision loss, doesn’t work or wears off. According to an independent report that came one week later, however, Spark’s concessions were marginal compared to a much bigger problem: The price is too high and s

Pricing 58

Pricing Report San Diego Blogging 58

socalTECH

JANUARY 22, 2018

San Diego-based Pulse Electronics , a supplier of electronic components to the communications, power, military, and other industries, said over the weekend that it has acquired Austrian company Egston Holdings , a provider of magnetic and cable assembly products to the electric vehicles (EV), automotive, industrial, and power magnetics markets. Financial details of the acquisition were not announced.

San Diego 100

San Diego Equity Acquisition Capital 100