Thu.Jan 10, 2019

Investors, your board, and you: Who controls strategy?


You’re building a company from your vision and a passion, and lots of people are going to tell you that you have this or that wrong, and that it just won’t work. Business plans rarely survive market contact.

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VivoAquatics Raises $8M


Monrovia, California-based VivoAquatics , a provider of water management services for hotels, resorts, and waterparks, has raised $8M in a funding round, according to a regulatory filing by the company this week. Details of the funding had not yet been announced by the company. According to the filing, 2 investors participated in the equity funding round, which closed on Tuesday.

Uncertainty Grows for Biotech as Government, FDA Shutdown Drags On


The partial government shutdown could soon become the longest shutdown in history, and biotech firms that have submitted regulatory filings are facing greater uncertainty about their future plans.

UberMedia Sells Managed Media Business Unit To LA's Gimbal


Pasadena-based UberMedia , the Idealab-backed developer of mobile analytics software, said this week that it has sold its managed media business unit to Los Angeles-based Gimbal. Financial terms of the acquisition were not announced. According to Gimbal, the buy will help it gain access to new markets where it did not previously have a presence. Gimbal--previously known as The Mobile Majority--develops proximity and location management software, and is led by CEO Rob Emrich.

Silicon Beach Report Jan. 10: Activision and Bungie Split

L.A. Business Journal

Gimbal acquires part of UberMedia; Bungie terminates Activision contract early, Ring’s security not so secure

Jukin Media Names GM of Brands


Culver City-based Jukin Media , which identifies and licenses trending and viral user-generated content to traditional media, has named Craig Parks as its GM of Brands, the company said this week. Parks was previously VP of Programming for Comcast's video platform, Watchable. He also served at Participant Media as SVP of Live Programming. According to Jukin Media, Parks heads up strategy for such properties as Fail Army and The Pet Collective.

More Trending

Skyworks Gets Design Win With Inseego


Irvine-based semiconductor developer Skyworks Solutions says it has been selected by Inseego , to provide chips for Inseego's next generation 4G and 5G mobile hotspots. According to SkyWorks, its SkyOne Ultra 30 chips are being used by Inseego's new MiFi 8800L device, a 4G/5G hotspot which supports more than 23 wireless radio bands. Expected shipment volumes and financial impact of the win were not announced.

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Robots Are Taking Over: From Space To Inside Your Home And Everything In Between

SoCal Tech Calendar

Wednesday, January 16, 2019 --.


Smith Micro Completes ISM Connect Acquisition


Aliso Viejo-based Smith Micro Software said Wednesday afternoon that it has completed its acquisition of ISM Connect , a developer of software which provides on-screen, interactive demos for wireless carriers and retailers. Smith Micro is paying approximately $9.8M for ISM Connect, split between $4M in cash and $5.8M in Smith Micro common stock. Smith Micro said the acquisition would provide it with a "new growing and profitable" revenue stream. ISM Connect's software will be renamed ViewSpot.

FAANG, Public Trust, Valuations, in 2019: The Read from Menlo Ventures


The market caps of some of the most successful tech titans reach as high as $1 trillion. Yet in 2018, perceptions about these dominant companies often reflected uneasiness and doubt—and for some, so did their stock performance.

SpaceX Aims At Friday Morning For Vandenberg Launch


Hawthorne-based SpaceX has rescheduled its next launch from the West Coast, its Iridium-8 satellite launch, for tomorrow, January 11th, and 7:31 a.m. SpaceX has already successfully launched a number of the Iridium satellites into orbit from Vandenberg. SpaceX delayed the launch from Tuesday, due to the storm system coming through Southern California. SpaceX said in its last update that the weather is 60% favorable for the launch on Friday.

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Apollo 8: Holding the Mirror Up to Our Planet—Milestones of Innovation 16


The fiftieth anniversary of Apollo 8’s orbital visit to the moon underlines the importance of emotion and changes of perception in the history of innovation. Then and later, commentators said that the technological marvel reversed some of the gloom from the assassinations of Martin Luther King and Robert Kennedy, the Chicago police beating of dissidents in the streets near the Democrats’ national convention, and the continuance of the Vietnam War.

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