socalTECH

APRIL 11, 2017

Robert Rhinehart, the CEO of Los Angeles-based alternative meal replacement startup Soylent , has avoided the risk of being sent to jail, as part of a plea agreement over code violations at his Montecito Heights home, according to a report today. Soylent develops meal replacement products, aimed at letting people completely skip the bother of eating a meal.

Report 138

Report Los Angeles Product Startup 138

Xconomy

APRIL 11, 2017

A $40 million transfusion led by Frazier Healthcare Partners and Denmark’s Novo A/S is bringing fresh life to a Michigan biotech working to advance a new experimental drug for treating a type of non-alcoholic fatty liver disease. As part of the financing, Kalamazoo-based Octeta Therapeutics has been rechristened Cirius Therapeutics, and three San Diego-based biotech executives are stepping into key executive roles.

Study 55

Study San Diego Entrepreneur Venture Capital 55

socalTECH

APRIL 11, 2017

Irvine-based MFour Mobile Research , a developer of mobile survey and research software, announced today that it has raised $5M in a new funding round. The funding came from Kayne NewRoad Ventures Fund. According to the company, the funding will go towards scaling technology and research staff. MFour is led by CEO Chris St. Hilaire. MFour said it has more than 1 million people accessible via its panel, and will also use the funding to has launched new mobile ad measurement products.

Research 124

Research Mobile Funding Software 124

socalTECH

APRIL 11, 2017

San Diego-based Maxwell Technologies , the technology developer which is now focused on ultracapacitor energy storage technology, said it has reached a deal with investor Viex Capital Advisors, LLC, to appoint a board member. The company said it has agreed to appoint John Mutch as an independent director to the company. Mutch was selected by Viex but, according to the company, is not an affiliate or associate of Viex.

Technology 124

Technology San Diego Sales Capital 124

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

APRIL 11, 2017

San Diego-based Qualcomm has filed an "answer and counterclaim" in response to the lawsuit from Apple Computer, saying that Apple's effort "devalue the fundamental Qualcomm technologies empowering the iPhone". Apple sued Qualcomm in January, claiming that Qualcomm was charging unfair amounts for licenses to its technology. Qualcomm, for its part, said that Apple had failed "to engage in good faith negotiations for a license to Qualcomm's 3G and 4G standard essential patents on fair, reasonable a

San Diego 124

San Diego Patents Technology 124

socalTECH

APRIL 11, 2017

Irvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp., and also included current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital, bringing its total raised to $178M. Tegile, whose flash-based storage arrays are aimed specifically for use in databases, virtualized server and virtual desktop environments, says the fund

Invest 124

Invest Capital Funding Marketing 124