socalTECH
NOVEMBER 13, 2019
Los Angeles-based Wavemaker Three-Sixty Health , the venture investment fund focused on healthcare, which is led by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it has just completed its 25th investment--all made in the last 18 months. According to the firm, it believes its pace of investments makes it one of the most active healthcare venture investors in the country.
L.A. Business Journal
NOVEMBER 13, 2019
BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet.
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socalTECH
NOVEMBER 13, 2019
Los Angeles-based ringDNA , which develops artificial intelligence software for the sales market, has added a new sales coaching product that uses artificial intelligence to help improve sales teams. According to ringDNA, its new conversational intelligence product, ConversationAI, provides sales talking points, call context, social etiquette, sentiment, and other various techniques that win more deals, based on its analysis of over more than 130 mimllion sales conversations.
L.A. Business Journal
NOVEMBER 13, 2019
Snap Inc. releases the newest version of Spectacles, its camera- and video-capable glasses.
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 13, 2019
Irvine-based NextGen Healthcare , a provider of software for the medical, behavioral and dental provider market, has acquired Medfusion , a developer of "patient experience" software, in a deal worth $43M in cash, the company announced this morning. NextGen Healthcare said it expects the acquisition to close in early December 2019. NextGen said the deal will help it expand its market reach.
SoCal Tech Calendar
NOVEMBER 13, 2019
Tuesday, November 19, 2019 -- Preccelerator Workshop: Pivoting with Constraints w/ Jim Cooper, Braid Theory. Pivoting with Constraints Direction and position of a company's pivot, relative to risk and other factors, strongly affects how a startup progresses through barriers and objects in the market. These constraints can be difficult for a startup to identify, navigate and adjust to.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
NOVEMBER 13, 2019
Santa Monica-based Super League Gaming Inc. reported a third-quarter revenue increase of 129% year over year to $350,000.
socalTECH
NOVEMBER 13, 2019
Tired of having to drive through grinding traffic every day? La Verne, California-based FLOAT , started by Arnel Guiang, Tom Hsieh, and Rob McKinney, says that it is about to launch a new, short-distance, daily commuter flight service, aimed at allowing people to bypass all of the traffic on local roads. FLOAT--short for Fly Over All Traffic--says it will start a trial of its service in December, offering up an air taxi for as little as $1250 per month, and letting commuters fly between westside
L.A. Business Journal
NOVEMBER 13, 2019
BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet.
socalTECH
NOVEMBER 13, 2019
Our video interview today is with Jenny Collins , the CEO and Co-founder of Novo Space , a company making it easier to launch electronics into space. Novo Space was part of the Techstars Starbust Space Accelerator in Los Angeles in 2019. READ MORE>>.
L.A. Business Journal
NOVEMBER 13, 2019
Santa Monica-based Super League Gaming Inc. reported third quarter revenue increased 129% year-over-year to $350,000.
socalTECH
NOVEMBER 13, 2019
La Jolla-based biotechnology developer Avidity Biosciences , which is developing treatments for rare muscle disorders and other diseases, has raised $100M in a Series C funding, according to the company this morning. According to Avidity, the funding was led by RTW Investments, and also included Cormorant Asset Management, LP, CureDuchenne, Logos Capital, Perceptive Advisors LLC and ST Pharm, along with existing investors Alethea Capital, Alexandria Venture Investments, Boxer Capital of Tavistoc
Xconomy
NOVEMBER 13, 2019
Another of the biopharma startups created as part of a collaboration between San Diego investment firm Avalon Ventures and GlaxoSmithKline has been acquired—but not by GSK. Instead, the company, Calporta Therapeutics, is being absorbed by Merck (NYSE: MRK ), which is interested in its preclinical work on potential treatments for lysosomal storage and neurodegenerative diseases, including Alzheimer’s and Parkinson’s.
socalTECH
NOVEMBER 13, 2019
Los Angeles-based data center developer and operator ServerFarm said today that it is expanding in Europe, and has acquired a new data center in Amsterdam. The data center operator said the new facility in Amsterdam includes 194,000 square feet, and is located in the Amsterdam city center. ServerFarm did not say how much it is investing in acquiring the data center, which will be the company's second major European location.
Xconomy
NOVEMBER 13, 2019
Earlier this year, Avidity Biosciences and Eli Lilly began a partnership to develop new drugs based on the biotech’s technology for delivering genetic material to cells. On Wednesday, Lilly was among a group of investors that joined a $100 million financing for the company. The funding, a Series C round , was led by RTW Investments. La Jolla, CA-based Avidity is developing drugs called antibody-oligonucleotide conjugates (AOC).
Startup Professionals Musings
NOVEMBER 13, 2019
As a business advisor, I strongly believe that continuous innovation and design thinking are the keys to long-term viability and success. A recent survey of design professionals shows strong agreement, but 92 percent expressed some lack of confidence in their organization’s design vision. They are always on the lookout for ways to prepare current and future design leaders.
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