Tue.May 14, 2019

Lambs, the radiation-proof underwear company formerly known as Spartan, is now selling beanies

TechCrunch LA

Earlier this year, Spartan, the French manufacturer of a silver-lined underwear designed to block EMF radiation from cell phones and wireless routers, relocated to the U.S. and raised some capital from the Los Angeles-based investment firm, Science.

Expenses Outpace Revenue for Upstart Super League

L.A. Business Journal

Super League Gaming Inc. distinguished itself among esports companies – and most start-ups for that matter – by going public earlier this year, and on May 14 Super League released its inaugural earnings report

Report 130

ObEN Powers Cryptocurrency News Via Avatar

socalTECH

Pasadena-based ObEN , a developer of artificial intelligence-driven, animated avatars--which looks like and sound like real people--said its technology is being used to power the detailed, human avatar behind PAI News , an app which will deliver news on blockchain and cryptocurrency. ObEN said its 3D avatar, "Satoshi", will provide news on technology, finance, law, and education. ObEN said the cryptocurrency news avatar app is available both on iOS and Android.

News 126

Silicon Beach Report May 14: Disney Buys Out Hulu Stake

L.A. Business Journal

Bird working to integrate Apple Pay; Comcast sells Hulu stake; Crypto hackers arrested after West Hollywood theft

Ingram Micro Expands In Peru

socalTECH

Irvine-based Ingram Micro , which provides electronics distribution and supply chain services, said on Tuesday that it is expanding its operations in Lima, Peru, with the opening of a new IT Asset Disposition (ITAD) processing center, part of its Ingram Micro Commerce & Lifecycle Services arm. Ingram Micro said the facility is the third facility in South America.

ISSA-LA Annual InfoSec SummitXI

SoCal Tech Calendar

Thursday, May 16, 2019 -- ISSA-LA's highly successful Security Summits attract the leading worldwide Information Security speakers and trainers. Summit XI will be held May 14-17, 2019 at the Annenberg Beach House on the shores of the Pacific Ocean in Santa Monica, CA.

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Southern California Quantum Computing Meetup

SoCal Tech Calendar

Wednesday, May 15, 2019 -- Southern California Quantum Computing Meetup. Joe Latone from IBM will discuss a quantum computing performance metric called quantum volume that they have developed. A representative from quantum communications company Qubitekk in Vista, Calif. will also talk regarding the development of a quantum cryptography technology solution that will provide quantum-safe authentication and encryption to automation devices in the field. See [link] (more

IBM 100

LA County Detectives Bust Cryptocurrency Hacking Group

socalTECH

Detectives from the Los Angeles County Sheriffs Departments Fraud & Cyber Crimes Bureau say they have arrested a suspect in a $2.4M, cryptocurrency heist, where a citizen of West Hollywood reported being a victim of a large cryptocurrency theft.

Keiretsu Forum Los Angeles

SoCal Tech Calendar

Monday, May 20, 2019 -- Keiretsu Forum. Los Angeles Forum. Angel investor event. See [link] (more

Crowdstrike Files For IPO

socalTECH

Crowdstrike , the cloud security software developer led by George Kurtz, has filed for an IPO, saying in a filing on Tuesday afternoon that it is looking to debut its IPO on the Nasdaq Global Select Market as CRWD. Crowdstrike was started in Irvine, where it still has substantial operations. The IPO is being underwritten by Goldman Sachs & Co. LLC, J.P.

Keiretsu Westlake Village Investor Forum / May 2019

SoCal Tech Calendar

Monday, May 20, 2019 -- Keiretsu Forum. Westlake Village Forum. Angel investor event. See [link] (more

Soulmates.AI Targets Social Media Measurement

socalTECH

Pasadena-based startup Soulmates.AI said today that it has launched a new tool, Social ROI Reporter, which it says helps brands and agencies with measuring the dollar value of their social media and influencer marketing campaigns. According to Soulmates.AI, its new tool helps marketers track their marketing performance on Facebook, Instagram, Twitter, and YouTube, and helps them compare their performance against competitors. The startup did not announce the pricing behind the tool. READ MORE>>.

San Diego Investor Forum / May 2019

SoCal Tech Calendar

Monday, May 20, 2019 -- Keiretsu Forum. San Diego Forum. Angel investor event. See [link] (more

Clearlake's NetDocuments Gets New Investment

socalTECH

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. According to NetDocuments, it has received a "significant" new equity investment from another private equity investor, Cove Hill Partners. Size and terms of that investment was not announced by the companies.

Invest 109

Endpoint Security Company CrowdStrike Files Publicly for IPO

Xconomy

CrowdStrike , the cybersecurity company that identified the two Russian government-linked hacker groups that invaded the Democratic National Committee (DNC)’s network during the 2016 presidential campaign, filed publicly for an initial public offering on Tuesday. Sunnyvale, CA-based CrowdStrike sells cloud-based security software and related services by subscription to businesses.

Virtium Sold to Court Square Capital Partners

socalTECH

Rancho Santa Margarita-based Virtium , a developer of ruggedized, industrial, embedded solid state drives and memory, has been sold to private equity investor Court Square Capital Partners , by its existing private equity owner, L Square Capital Partners. Financial details of the deal were not announced. According to L Squared, since its investment in Virtium in July of 2015, Virtium saw its organic revenues more than double, and a tripling of its EBITDA.

Grindr's Chinese Owner Ordered To Sell App Over National Security Concerns

socalTECH

The Chinese owner of Los Angeles-based gay dating app Grindr must sell Grindr by June of 2020, after reaching an agreement with the Committee on Foreign Investment in the U.S. CFIUS). Beijing Kunlun Tech Co. , the Chinese owner of Grindr, said on Monday that it reached an agreement to sell Grindr before June 30, 2020, and also prohibits the company from accessing any information about Grindr's users, or transferring any of its user data to any entities based in China.