TechCrunch LA

APRIL 10, 2019

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots. Terms of the investment were not disclosed. “Our investment in DroneBase helps expand the adoption of FLIR thermal imaging technology by putting it in the hands of more pilots who fly dr

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socalTECH

APRIL 10, 2019

Carpinteria-based cloud software developer Procore Technologies , which develops cloud- and mobile- software for the construction industry--and is one of Southern California's multi-billion valuation unicorn startups --says it has joined Pledge 1% , a philanthropic group which challenges technology companies to pledge 1 percent of their equity, product, and employee time for their communities.

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Southern California Education Software Equity 133

Startup Professionals Musings

APRIL 10, 2019

Image via Pixabay Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. This would be a mistake, and could easily cost you your startup.

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Startup Satisfaction Writing Entrepreneur 70

socalTECH

APRIL 10, 2019

San Diego-based biotechnology company Cullgen has raised $16M in a Series A funding, to go towards possible treatments for cancer, inflammatory, and autoimmune diseases, the company said this morning. The funding came from Sequoia Capital China and Highlight Capital. According to Cullgen, the funding round will go towards its development of its internal pipeline of protein degraders, which has use in possibly treating cancer, inflammatory, and autoimmune diseases.

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San Diego Capital Funding Develop 127

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.

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socalTECH

APRIL 10, 2019

Los Angeles-based drone imagery and UAV pilot network operator DroneBase has received a strategic funding round from thermal imaging camera maker FLIR Systems , the two said this morning, with FLIR becoming the exclusive provider of thermal imaging cameras for the DroneBase pilot network. Size of the investment was not announced. According to the companies, the deal will put more of FLIR's thermal imaging cameras into the hands of drone pilots, which will enable DroneBase to offer up specialized

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socalTECH

APRIL 10, 2019

One of the hottest sectors of the technology startup market today is the use of artificial intelligence, big data, and machine learning across many different sectors including finance. One Los Angeles company, ZestFinance (www.zestfinance.com), has been working in this area for a few years. We caught up with Jay Budzik , the CTO of ZestFinance, to better understand how the company is applying machine learning techniques to the world of lending, and what the advantage of machine learning is to th

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socalTECH

APRIL 10, 2019

San Diego-based BVAccel , a provider of e-commerce website design and development, optimization, marketing services, and other services, said today that it has acquired the internal commerce agency of WebLinc Corp. Financial details of the acquisition were not announced. BVAccel is majority owned by private equity investor August Spark. According to BVAccel, the acquisition will help it expand and strengthen its e-commerce service offerings.

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Commerce San Diego Acquisition Equity 113

socalTECH

APRIL 10, 2019

Former Los Angeles-based online real estate startup REX has shifted its headquarters to Texas, after the move of its CEO to Austin, in a loss to Southern California's growing high tech startup community--although the company says it still has a team of 50 in Woodland Hills, and that it expects to continue to grow its team in that location. REX says it now has 28 employees in Austin, where it hopes to double its employees by the end of the year; the move comes after REX CEO Jack Ryan moved to Aus

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socalTECH

APRIL 10, 2019

El Segundo-based online postage and shipping software developer Stamps.com says it has named Katie May, the CEO of e-commerce software company ShippingEasy.com , to its board of directors. ShippingEasy was acquired by Stamps.com in 2016. According to Stamps.com, May has more than 20 years of experience building multiple successful startups. She currently serves as CEO of ShippingEasy.com, which Stamps said grew to a $30M business within 5 years before it was acquired by the company; she has been

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El Segundo Commerce News Software Development 113