socalTECH

JULY 17, 2018

Irvine-based online car shopping and financing provider AutoGravity announced both a new Chief Executive Officer and Chief Technology Officer this morning, saying that it has named Alex Mallmann named CEO and Jason Bonifay as CTO. Mallmann also joins AutoGravity's board of directors. Mallman was most recently President and CEO of Mercedes-Benz Auto Finance China, having served at Mercedes-Benz sine 1998.

Chief Technology Officer 113

Chief Technology Officer Software Technology 113

L.A. Business Journal

JULY 17, 2018

MTech Capital’s new $75M fund for “InsureTech;” smart key maker Openpath raises $20M; Pelican Products has an new consumer marketing team leader

Funding 113

Funding Capital Report Marketing 113

socalTECH

JULY 17, 2018

Carlsbad-based RA Medical Systems , which develops cardiovascular and dermatology catheters and excimer lasers, has filed for an IPO, saying that it is looking to raise up to $86.25M in an IPO on the New York Stock Exchange. RA Medical Systems said it filed to trade under the symbol RMED. The IPO is being underwritten by Piper Jaffray, Cantor, SunTrust Robinson Humphrey, and Nomura.

.Net 100

.Net Report Develop Development 100

TechCrunch LA

JULY 17, 2018

Google, like all major internet companies, often participates in building new subsea cables because it wants to own the connectivity between its data centers around the world. Those cables are typically built and owned by a consortium of companies (and sometimes shared by competitors ). Now, however, Google is building its own cable that will span from Virginia Beach in the U.S. to the Atlantic coast of France.

Google 74

Google Los Angeles Course Invest 74

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

JULY 17, 2018

Los Angeles-based HyreCar , which operates a car sharing marketplace, said today that it is in a strategic partnership with DriveItAway , a car dealership company that offers up turn-key software, insurance, and training to help car dealerships aimed at the ridesharing market get off the ground. According to the two, they are working to create a "collaborative turnkey solution" which allow DriveItAway franchises and independent car dealers to list their vehicles on HyreCar's platform.

Training 100

Training Los Angeles Platform Marketing 100

Xconomy

JULY 17, 2018

The enemy of my enemy is my friend—even in the retail and cloud computing businesses. So says retail giant Walmart (NYSE: WMT ) as it announced this morning a five-year partnership with Microsoft (NASDAQ: MSFT ) to use machine learning and other technologies, deepening an existing partnership between two of Amazon’s biggest rivals. “Whether it’s combined with our agile cloud platform or leveraging machine learning and artificial intelligence to work smarter, we believe Microsoft will be a

Artificial Inteligence 59

Artificial Inteligence Cloud Computing Press Platform 59

Xconomy

JULY 17, 2018

Selling a new Web-connected thermostat or other wired gizmo to consumers without a plan to deliver the necessary security patches is not only bad business—it’s unethical. So is failing to challenge a law or tech company rule that governs work on technology products, if that rule causes unjustifiable harms to people or the environment. Those are among the new guidelines in an updated Code of Ethics announced today by the Association for Computing Machinery (ACM), a professional organization

Web 52

Web Organization Artificial Inteligence Technology 52

socalTECH

JULY 17, 2018

Los Angeles-based private equity investor Platinum Equity announced this morning that it has added Michael Fabiano, to head up a new credit investing division. Fabiano was most recently Managing Director at GSO Capital Partners LP, which is part of Blackstone, and also has served as an investment banker at Morgan Stanley. Fabiano had been at GSO Capital Partners for more than a decade, according to Platinum Equity.

Equity 100

Equity Los Angeles Invest Capital 100

Both Sides of the Table

JULY 17, 2018

One thing that comes with being a venture capitalist is you see hundreds and hundreds of businesses. You get to have interesting conversations with founders and review business plans and then see how these businesses evolve over the years. A firm like ours has almost 100 different investments across all the various partners so we get to see some businesses very intimately.

Software Review 242

Software Review Technical Review Pricing Metrics 242

socalTECH

JULY 17, 2018

San Diego-based driving safety and monitoring systems provider SmartDrive Systems announced this morning that it has signed up Superior Paving, a large asphalt paving company on the East Coast, as a new customer. Financial impact of the win was not announced. SmartDrive provides video-based safety and transportation monitoring products, which are used to monitor driving fleets, help encourage better driver safety, and also help reduce collisions and liability.

Company 100

Company Companies San Diego Help 100

socalTECH

JULY 17, 2018

Torrance-based Pelican Products said on Monday that it has named Jennifer Lim as its Director of Marketing for its Consumer Division. Pelican, best known for its protective cases, develops a range of products for the huntin and fishing, adventure, personal electronics, photography, and other markets. Lim has previously worked at Hyundai, Harmon/Karon, and Beats by Dr.

Marketing 100

Marketing Product Torrance Long Beach 100