Thu.Jan 21, 2021

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OpenDrives Raises $20 Million to Grow Data Storage Business

L.A. Business Journal

Culver City-based company OpenDrives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.

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Please don’t overestimate your audience’s knowledge

Berkonomics

Ask the important question first. When making a presentation to a new audience, the smart thing to do, if there is an opportunity, is to ask your audience by show of hands, if they have some knowledge of your industry or space. And if you are making a one-to-one presentation, don’t start without a conversation about the other person’s knowledge of your space.

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OpenDrives Raises $20 Million to Grow Data Storage Business

L.A. Business Journal

Culver City-based company Open Drives Inc. has raised $20 million in a Series B funding round led by IAG Capital Partners.

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OpenDrives Picks Up $20M For Network Attached Storage

socalTECH

Los Angeles-based OpenDrives, a developer of network attached storage (NAS) products for the enterprise, said on Thursday that it has raised $20M in a Series B funding round. The funding was led by IAG Capital Partners. According to the company, the new funding will go to grow the company and accelerate product development. The company has now raised $30M in total.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Semtech Gets LoRaWAN Win In Australia

socalTECH

Camarillo-based semiconductor developer Semtech announced another win for its LoRaWAN low power networking technology, this time in Australia, saying that Meshed Pty Ltd (Meshed IoT Integrators), an Australian provider of Internet of Things (IoT) solutions for smart cities, environment, water, energy, agriculture, and asset management, has adopted its technology for monitoring city public health.

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OncoSec Medical Raises $42M In Public Offering

socalTECH

San Diego- and New Jersey-based OncoSec Medical, a publicly traded biotechnology company focused on treatment of cancer, said today that it is raising $42.0M in a public offering of its common stock. The company said it is offering of 7,711,284 shares of its common stock at a price of $5.45, with an expected close on January 25th. The company said the new funds will go towards clinical, regulatory, manufacturing and, if and when approved, potential commercial activities of its product candidates

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More Trending

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Plexium Finds $35M More For Biotech Efforts

socalTECH

San Diego-based Plexium, a biotech startup focused on discovering and developing protein degrading therapeutics directed towards historically challenging drug targets, announced this morning that it has raised $35M in a financing round. The funding is an extension of the company's October 2019 Series A round. The funding was led by Lux Capital and Pivotal BioVentures, and also The Column Group, DCVC Bio and other curren tinvestors.

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Decipher Biosciences Files For $100M IPO

socalTECH

San Diego-based Decipher Biosciences, a provider of genomic testing for urological cancer, has filed for an IPO, saying it is looking to raise up to $100M in an offering on the Nasdaq Global Market. The IPO is being underwritten by Evercore ISI, Wells Fargo Securities, Canaccord Genuity, and BTIG. The company has received funing from Yonghua International, CRG Partners, Tekla Capital, and UnitedHealth Group.

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