socalTECH
NOVEMBER 20, 2019
Playa Vista-based Appetize , which develops cloud-based, point-of-sale (POS) software for enterprise customers such as stadiums and other venues, has named a trio of new executives, as it continues to grow its business. According to Appetize, it has named Robbie Knutson-Ratto as Senior Vice President of Product, Alain Avakian as Chief Technology Officer (CTO), and also named co-founder Jason Pratts as Chief Information Officer.
L.A. Business Journal
NOVEMBER 20, 2019
PayPal Holdings Inc. paid $4 billion to acquire Mid-Wilshire-based ecommerce software developer Honey Science Corp.
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socalTECH
NOVEMBER 20, 2019
Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. , according to a regulatory filing by the firm. According to the filing, the fund has yet to make its first sale in the new fund. Kairos specifically invests in scientific research and technology developed at universities and research institutions, and has made more than 80 prior investments.
Startup Professionals Musings
NOVEMBER 20, 2019
Most entrepreneurs believe they are “different,” but they can’t quite understand how. They usually explain it by insisting that they are driven to follow their passion, need to be their own boss, want to get rich quick, or want to change the world. I now believe that the roots of the difference may go back more than 10,000 years, when hunting and farming became two different lifestyles.
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
NOVEMBER 20, 2019
Los Angeles-based Mythical Games , a game technology studio which says it specializes in "digital ecosystems around player-owned economies", has raised $19M in a new, Series B funding round, the company said this morning. Mythical Games said the funding was led by Javelin Venture Partners, and also included new investors Avon Ventures, Alumni Ventures, and Hashed, along with its current investor Galaxy Digital (via Galaxy EOS VC Fund and Struck Capital).
Xconomy
NOVEMBER 20, 2019
Drug pricing debates and uncertainty associated with Brexit are the issues most likely to keep biopharmaceutical executives awake at night. Nevertheless, senior figures remain optimistic about the industry’s prospects in 2020. These are among the major findings of a survey of 500 industry leaders and investors conducted by investment bank Jefferies.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
NOVEMBER 20, 2019
San Diego-based Founders First Capital Partners , which says it provides "revenue-based" financing to businesses, has raised $100M in a debt financing commitment, the company said this week. The company said the financing comes from Community Investment Management. Founders First says that it provides revenue generating service-based businesses up to $1M in capital funding, charging an percentage of a company's gross revenues over a specific amount of time, rather than traditional interest.
socalTECH
NOVEMBER 20, 2019
Our interview today is with Karen Caswelch , the CEO of SciArt Software (www.sciartsoftcom), a startup developing design software for the aerospace industry. We spoke with Karen at the recent Techstars Starburst Space Accelerator in Los Angeles. READ MORE>>.
socalTECH
NOVEMBER 20, 2019
Elon Musk has emailed employees of Hawthorne-based SpaceX , apologizing for the podcast with Joe Rogan where he smoked marijuana on camera, emphasizing that SpaceX personnel "may not use or posses any controlled substance while in the workplace", according to a report. The Washington Post said that SpaceX underwent a full safety review as a result of Musks' on-screen pot incident.
socalTECH
NOVEMBER 20, 2019
Los Angeles-based electronics products maker Belkin has inked a deal to power charging stations at the home of the Major League Soccer's Los Angeles Football Club (LAFC), at the Banc of California stadium, the company said on Tuesday. According to Belkin, the partnership includes Belkin wireless and wired chargers, both in the luxury suites and the Stadium's concourse.
socalTECH
NOVEMBER 20, 2019
Just in time for the holidays, Santa Monica-based Bird has rolled out a brand new, non-electric powered scooter for the kids--the Birdie. According to Bird, the non-electric scooter, specifically designed for kids, will be available for a limited time through the holiday season, for $129. Bird said the new scooter was "in response to demand" for something for the kids, and was actually designed by Bird's vehicle designers.
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