socalTECH

AUGUST 17, 2018

Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises. According to Cargomatic, the new funding will go towards geographic expansion efforts and hiring key employees.

Long Beach 113

Long Beach Mobile Email Funding 113

L.A. Business Journal

AUGUST 17, 2018

SpaceX approved for “load-and-go” procedure; Netflix testing new ads; NTS heading to Anaheim;

SpaceX 124

SpaceX Netflix Report 124

socalTECH

AUGUST 17, 2018

National Technical Systems (NTS), a provider of qualification testing, inspection, and certification services to the electronics and other markets, has shifted its corporate operations to Anaheim, from three offices in Calabasas, Fullerton, and Brea. According to NTS, it has opened a new "Corporate Center" in Anaheim, which will house its finance, accounting, marketing, procurement, human resources, contract administration, and information technology operations.

Calabasas 113

Calabasas Resource Marketing Services 113

Xconomy

AUGUST 17, 2018

In its early years, Uber was a headstrong force knocking down preconceived ideas about transportation and, along with Lyft, sparking the imaginations of countless entrepreneurs who are now building a new industry called “mobility.” As it closes in on its first decade, Uber is a conundrum: A Silicon Valley unicorn with $7.3 billion in cash, investors who recently agreed on a $62 billion valuation , short-term IPO plans, and a financial track record that on Wednesday led a Bloomberg reporter to wo

Mobile 63

Mobile Ideas Report Entrepreneur 63

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

AUGUST 17, 2018

Walmart Labs , the technology arm of retail giant Walmart , is planning a major expansion in San Diego--hoping to tap into the area's deep depth of technology talent. According to Walmart, it is planning to triple its headcount in San Diego, as it expands into a new office which is triple the size of its existing operation in the city. According to Walmart Labs, it plans to triple its San Diego headcount to over 180, and expand into a new building which is around 30,000 square feet.

San Diego 113

San Diego Technology Organization Sites 113

Startup Professionals Musings

AUGUST 17, 2018

Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. Indeed, while the rules and technologies for lead generation have changed, Forrester and other experts still see it as the most effective way for businesses with limited budgets to maximize their return on marketing investment (ROMI).

Social Media 55

Social Media SEM Startup Advertising 55

Xconomy

AUGUST 17, 2018

We’ll start the roundup this week with two drug approvals that came late last Friday. Both were landmarks for the companies receiving the nod, Alnylam Pharmaceuticals and Amicus Therapeutics. We also saw a new biotech emerge in the muggy New York heat, a couple deals for new flu vaccines, and interesting developments in the complicated world of drug pricing.

Pricing 52

Pricing Develop Development Venture Capital 52