Fri.Oct 27, 2017

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Silicon Beach Report Oct. 27: CAA Launches Tech Startup Studio With $12 Million in Funding

L.A. Business Journal

CAA launches tech startup studio with $12 million in funding, SpaceX details satellite constellation plans to Congress and AirBnB to generate nearly $1 billion in L.A. County activity, study says.

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Netflix Steals Back HR Exec From Scopely

socalTECH

Online movie streaming service Netflix has stolen back an executive from Los Angeles-based Scopely, to head up its human resources and talent management efforts. Netflix said on Thursday that it has named Jessica Neal as Chief Talent Officer of the company, to head up the company's group responsible for culture, human resources, recruiting, and coaching its team, according to the company.

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Los Angeles Audience Based Buying Summit

SoCal Tech Calendar

Thursday, November 2, 2017 -- Innovation In The Face Of Programmatic Chaos. If you are like most brands, agencies and adtech companies, you are probably spending a significant portion of your day trying to implement successful strategies for Audience Based Buying in the wake of chaos. If you are challenged to find scale, success and global solutions, know that you are not alone.

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Upfront Backs Jiko For Banking Alternative

socalTECH

Los Angeles-based venture capital investment firm Upfront Ventures has made an investment in Jiko , a startup developing an alternative to traditional banks. Jiko said this week that it raised $7.7M in its Series A, which came from Upfront Ventures, Radical Impact, and Social Capital. Jiko was founded by Stephane Lintner (formerly of Goldman Sachs) and Rocky Motwani (formerly of JP Morgan).

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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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The 2017 San Diego CIO Executive Leadership Summit

SoCal Tech Calendar

Thursday, November 2, 2017 -- The 2017 San Diego CIO Executive Leadership Summit. This conference is designed exclusively for CIO/IT leader executives and will deliver world class thought leadership in a collaborative setting. Attendees will receive unique insights into best practices and hear success stories involving strategic leadership to drive innovation, transformation and business results.

CIO 100
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Securonix Raises $29M For Big Data Security

socalTECH

Los Angeles-, Redwood City-and Addison, Texas-based Securonix , a developer of big-data focused, security information and event management (SIEM) tools for the cybersecurity market, recently raised $29M in a funding round. The Series A funding came from Volition Capital and Eight Roads. Volition Capital led the round, with Roger Hurwitz of Volition joining the company's board as part of the funding.

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Evite Pushes 'Tiny Parties'

socalTECH

Los Angeles-based online invitation site Evite is hoping to encourage the use of its service in small, informal gatherings, through the promotion of what it calls "Tiny Parties". According to Evite, it's been seeing a trend where users are using its platform for events which have five or fewer invited guests over the past 12 months, with 9.3 percent of events on the platform fitting that description.

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How To Reduce Workplace Drama And Improve Results

Startup Professionals Musings

Is it just me in my role as business advisor, or is emotional drama in the workplace increasing? Team members seem to be spending more and more time venting to anyone who will listen about the motives and actions of others, and less time introspectively focused on their own productivity and accountability. The result is less real engagement and more negativity for all to endure.

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Microsemi Acquires Timing Business From Vectron International

socalTECH

Aliso Viejo-based semiconductor developer Microsemi said it has agreed to acquire the high performance, timing business of Vectron International. Microsemi said it paid $130M for the business, which was owned by Knowles Corp. Microsemi said the acquisition will help it expand its high performance timing product portfolio and expand in the aerospace and defense, communications, industrial applications market.

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Bio Roundup: CBO’s Praise, Celgene’s Shock, Trump’s Opioid Plan & More

Xconomy

The White House and the FDA turned the spotlight on the nation’s opioid crisis. Blockbuster drugs from Alexion and Tesaro gained expanded approvals, but bad earnings news from Celgene and Biogen brought stocks down. Academics in the U.S. and China made progress with the gene editing technology CRISPR. And as the week’s biggest biotech deal centered on Alzheimer’s, researchers in the field argued for a new approach in the fight against the disease, and the NIH poured more money

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StartEngine Raises $800,785 (So Far) In Its Very Own Equity Crowdfunding

socalTECH

Los Angeles-based crowdfunding site StartEngine said on Friday that so far, it has raised $800,785 in the equity crowdfunding for itself. StartEngine launched that equity crowdfunding effort back in September. StartEngine operates an online marketplace which lets companies run equity crowdfunding efforts for themselves, letting contributors gain equity in companies by contributing to funding rounds for startups.

Equity 100
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AirMap Automates Drone Requests To FAA With New App Feature

socalTECH

Santa Monica-based AirMap , the startup developing airspace management software for drones, said on Thursday that it has added integration with the FAA, to automate what had been a very cumbersome process to gain authorization to operate near U.S. airports. According to AirMap, its app now allows licensed, commercial drone operators with Part 107 authorization to request authorization to fly in controlled airspace near four, U.S. airports, all via its iOS and Android apps.