Thu.Sep 09, 2021

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Why would you ever “fire yourself?”

Berkonomics

To start: “new source of energy” and “new ideas.”. When a new CEO or manager is hired into a company, for a while lots of energy flows from the top and new ideas seem to be generated daily. It is one reason not to fear the unknown when upper-level management long in place turns over, often leaving most everyone worried about the future of the company and for their own prospects.

Ideas 156
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MediaKits Aims At Influencers

socalTECH

A new, Los Angeles-based startup, MediaKits, says it has launched a new platform aimed at helping influencers, musicians, and athletes manage their brands. The company said its platform lets its users create their own custom media kits online. The startup was founded by Kieran O'Brien and Casey Adams. The startup says it plugs into the APIs of such social platforms as Facebook, Instagram, YouTube, and Twitter, letting its customers pull real-time data on numbers of followers, engagement rates, a

Platform 140
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ADARx Takes $75M For RNA Therapeutics

socalTECH

San Diego-based ADARx Pharmaceuticals, a biotechnology company which is developing RNA targeting therapeutics, said Wednesday that it has raised $75M in a Series B funding. The funding was co-led by SR One Capital Management and OrbiMed Advisors, and also included Sirona Capital and Lilly Asia Ventures. According to the company, the funding will go to advance and expand its pipeline of RNA targeting therapeutics.

San Diego 113
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Jam City Raises $350M, Acquires Ludia For $165M

socalTECH

Los Angeles-based mobile games developer JamCity is continuing its growth, saying on Wednesday that it has raise $350M in new funding, and acquired mobile game studio Ludia. According to the company, it paid $165M to acquire Ludia from Fremantle. Ludia is behind the Jurassic World games, including Jurassic World: The Game and Jurassic World Alive. Jam City said the new, $350M funding round was a combination of equity and debt, and included Netmarble, Kabam, and affiliates of funds managed by For

Burbank 113
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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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GoFormz Raises $20M In Series A

socalTECH

San Diego-based mobile form and data capture app developer GoFormz said this morning that it has raised $20M in a Series A funding. The company said it recently close the final allotment in the financing round. The round was led by Shasta Ventures, and also included existing investors Cloud Apps Capital Partners and Glynn Capital. The company says it provides its software to small, mid, and enterprise customers in the areas of construction, energy, retail, field service, government, healthcare a

San Diego 113
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Whiplash Acquires Enlinx

socalTECH

Los Angeles-based omnichannel fulfillment provider Whiplash said on Wednesday that it has acquired Enlinx, a 3PL fulfillment provider based in Salt Lake City, Utah. Financial terms of the acquisition were not announced. According to Whiplash, the deal will give it a foothold in the Intermountain region, and help expand its U.S. coverage as it sees accelerated demand for direct-to-consumer (D2C) ecommerce and omnichannel services.