socalTECH
JANUARY 4, 2019
San Diego-based Qualcomm is the lead investor in a new startup, developing 5G "small cell" technology, called B>Baicells. According to Baicells over the holidays, it raised $14.55M in a funding round, which came from Qualcomm Ventures LLC. The company says it is develping 5G technology based on "modularized architecture, virtualized technology and fog computing".
L.A. Business Journal
JANUARY 4, 2019
Flo Technologies Inc., based in Culver City, completed a Series B fundraising round worth $28 million Jan. 4, bringing the home water monitoring system developer’s total funding to an estimated $39.3 million.
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socalTECH
JANUARY 4, 2019
Los Angeles City Attorney Mike Feuer has sued The Weather Channel , saying in a lawsuit that the company's mobile app, the Weather Channel App, is fraudulently and deceptively collecting user geolocation data, and selling that to third parties. The lawsuit was filed in the Los Angeles Superior Court. According to the lawsuit, the company's app is not using its users geolocation data for personalized local weather data, but instead collecting and selling that information to third parties.
SoCal Tech Calendar
JANUARY 4, 2019
Thursday, January 10, 2019 -- Silicon Beach Networking Happy Hour in Santa Monica. Come by and enjoy free drinks, presentations, and networking with some of LA's top professionals in startups, tech, online marketing, e-commerce, real estate, finance, blockchain, influencers, and more.
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.
socalTECH
JANUARY 4, 2019
San Diego-based AmpliPhi Biosciences and Los Angeles-based C3J Therapeutics said this morning that the two have agreed to merge, in an all-stock deal, to focus on precisely targeted bacteriophage therapeutics. As part of the deal, the companies said C3J's existing shareholders will invest $10M in the merged company. AmpliPhi Biosciences is currently listed on the NYSE American as APHB.
Xconomy
JANUARY 4, 2019
When it comes to developing and promoting innovation, external factors beyond the control of company founders, investors, and other business leaders can also determine whether a startup succeeds or fails. In 2018, geopolitical events—in particular, President Donald Trump’s hard-line stances on trade and immigration, and the repeal of net neutrality rules—were top of mind for several business executives we interviewed recently.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Startup Professionals Musings
JANUARY 4, 2019
Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with. In fact, some very innovative individuals, known as ‘idea people’ or inventors, often end up creating the most dysfunctional teams.
socalTECH
JANUARY 4, 2019
Atara Biotherapeutics , the biopharmaceuticals firm which has its manufacturing and research efforts based in Thousand Oaks, said on Thursday that its current President and CEO, Isaac Ciechanover, M.D., plans to step down. Ciechanover is the founder of Atara. According to the company, its board has initiated a search for a new CEO, with Ciechanover remaining in his role until at least June 30th or when a successor is found.
Xconomy
JANUARY 4, 2019
Poseida Therapeutics, which is testing CAR-T cell therapies for blood-borne and solid tumor cancers, has laid the groundwork for an initial public offering. In documents filed with securities regulators Friday, the San Diego company set a preliminary IPO target of $115 million. The company has applied for a listing on the Nasdaq stock exchange under the symbol “PSTX.
socalTECH
JANUARY 4, 2019
Los Angeles-based visual effects and virtual reality content creator Digital Domain said Thursday afternoon that it has launched a new startup, Iconic Engine , to focus on what it calls "extended reality" (XR) content. According to Digital Domain, it incubated Iconic Engine to focus on the increasing availability of augmented reality (AR) devices and standalone virtual reality (VR) headsets.
Xconomy
JANUARY 4, 2019
In 2018, my Exome colleagues and I published hundreds of stories about health, medicine, the biopharma industry, government policy, and more. You’ll find a few of our favorite stories in this review of some of the year’s best from across the Xconomy network. Topics ranged from the worries over CRISPR genome editing and Wild West biohacking, to Nobel Prize-fueled drug approvals and the headaches around drug prices (even for drugs meant to cure headaches).
socalTECH
JANUARY 4, 2019
El Segundo-based Basepaws , a new DNA testing startup, says it is launching a brand new service which will offer direct-to-consumer DNA testing for cats, providing owners with information about the ancestry and health and habits of their pet. The startup, led by founder and CEO Anna Skaya, says the purpose of its genetic testing is to help owners prevent disease and optimize nutrition for their cats.
L.A. Business Journal
JANUARY 4, 2019
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