socalTECH

JUNE 21, 2018

San Diego-based startup Truepic , a developer of software which "notarizes" digital photos for authenticity, has raised $8M in a Series A funding, the company announced on Thursday. The funding came from Dowling Capital Partners; Jeffrey Parker (co-founder of FirstCall & former CEO of Thomson Financial); Andrew "Flip" Filipowski (Founder and CEO of Platinum Technology and SilkRoad Technology); and William Sahlman, along with others.

Software 147

Software San Diego Capital Funding 147

Xconomy

JUNE 21, 2018

Were you aghast at revelations that third-party organizations were able to capture millions of Facebook profiles from users who were unaware of the company’s privacy policy terms? If so, a Silicon Valley startup is hoping to entice you with a new option for private data storage of your personal digital life, along with private channels for sharing videos and other information with your inner circle of friends—and close control over who else gets access to them.

Social Network 82

Social Network Organization Services Networking 82

socalTECH

JUNE 21, 2018

Los Angeles-based private equity investor Platinum Equity says it is selling one of its portfolio companies, Verra Mobility , to The Gores Group , in a deal worth approximately $2.4 billion. According to Platinum, the sale will create a new, publicly listed company, via a plan of merger with Gores Holdings II, Inc., a special purpose acquisition company created by The Gores Group.

Equity 124

Equity Mobile Acquisition Los Angeles 124

Xconomy

JUNE 21, 2018

The window for biotech IPOs remains wide open and six more companies have charged through it, raising more than $568 million in the span of 24 hours. The first was Eidos Therapeutics (NASDAQ: EIDX ), which raised $106 million in its stock market debut. The San Francisco company priced its IPO late Tuesday, selling 6.25 million shares at $17 each, which was on the high end of its projected $15 to $17 range.

Study 72

Study Startup Pricing Funding 72

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

JUNE 21, 2018

How do you take the energy of such successes as Dollar Shave Club, Ring, Cornerstone Ondemand, and the many other local successes from the startup energy, and tap into the resources of local universities and research institutions? That was the question at the SoCal First Look Showcase , run by the Alliance for SoCal Innovation and the Los Angeles Venture Association at UCLA on Wednesday.

Southern California 113

Southern California SoCal Dollar Shave Club Cornerstone OnDemand 113

L.A. Business Journal

JUNE 21, 2018

Verra Mobility sells for $2.

Mobile 100

Mobile Pasadena Report Company 100

SoCal Tech Calendar

JUNE 21, 2018

Wednesday, June 27, 2018 --.

100

100

socalTECH

JUNE 21, 2018

San Diego-based renewable energy developer EDF Renewables has signed a deal with the PGGM Infrastructure Fund on a portfolio of 588 megawatts of wind and solr projects, according to the two companies. According to EDF Renewables, the PGGM Infrastructure Fund will acquire a 50 percent ownership interest in the. Red Pine Wind, Rock Falls Wind, Switch Station 1 Solar and Switch Station 2 Solar projects, with a total capacit of 588MW.

San Diego 100

San Diego Funding Services Develop 100

Xconomy

JUNE 21, 2018

Intel (NASDAQ: INTC ) announced Thursday that CEO Brian Krzanich has resigned in the wake of the company’s recent discovery that he had been involved in a past consensual relationship with an Intel employee. The relationship violated Intel’s non-fraternization policy—the finding of an ongoing investigation by internal and external counsel, the company said in a written statement.

San Diego 45

San Diego Company Companies Web 45

socalTECH

JUNE 21, 2018

Los Angeles-based GOAT , which operates an online marketplace for sneakers--designed for the very large sneaker enthusiast market--has named a new Chief Operating Officer. GOAT said that it has named Lizzie Francis as its new COO, reporting to CEO Eddy Lu. Francis is Founder and Partner at Brilliant Ventures, and also previously was Chief Marketing Officer of Gilt Groupe, and was Chief Marketing Officer and President of JustFab.com (now TechStyle Fashion Group).

Venture Capital 100

Venture Capital Los Angeles Design Marketing 100

Berkonomics

JUNE 21, 2018

Close. How much risk you and your company are willing and able to tolerate over time? Most people believe that early stage companies should take risks aggressively because there is less to lose and much more to gain with each risky bet or decision. Common thinking goes on to address large, public corporations by expressing that the relative tolerance to risk is decreased, in favor of protecting the brand or financial health of the enterprise.

Resource 226

Resource Pricing Email Design 226

socalTECH

JUNE 21, 2018

Santa Monica-based sales and marketing customer relationship management (CRM) tools developer Nimble is further integrating its tools with partner Microsoft, and its Office 365 software, as well as Google's G Suite, with a new business dashboarding tool. According to Nimble, it has launched a new product called Today Page , which helps track things like deal pipelines and sales funnels, appointments and to-do's, and other information through a single dashboard within Nimble.

Santa Monica 100

Santa Monica Tool Sales Google 100