Mon.Jul 22, 2019

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HyreCar Announces Pricing of Second Stock Offering

L.A. Business Journal

Downtown-based digital car-sharing marketplace HyreCar Inc. announced July 19 it will sell an additional 3.5 million shares to raise capital to expand its staff and technology offerings.

Pricing 193
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German Team Wins SpaceX Hyperloop Pod Competition

socalTECH

A German team has won the fourth annual SpaceX Hyperloop Pod Competition on Sunday, taking its pod up to 288 mph (463 km/h), as SpaceX continues to push development of technology for the high tech, futuristic transportation technology cooked up by Elon Musk. The German team, from the Technical University of Munich (TUM), was also a previous winner in the Hyperloop Pod Competition, and came close to that record speed last year.

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Signal Sciences Expands in Culver City

L.A. Business Journal

Web security firm Signal Sciences Corp. celebrates its fifth anniversary this year, and the startup has quickly grown from a six-person operation in a Venice apartment to a 150-strong workforce rapidly outgrowing office space.

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Corent Technology Expands Efforts In Europe

socalTECH

Aliso Viejo-based Corent Technology , which develops cloud migration technology, is expanding its efforts in Europe, saying this morning that it has partnered with UniSystems , a provider of services in the European market. Financial details of the cooperation agreement were not announced. According to the two companies, the two are working together on cloud migration to Microsoft Azure.

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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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Silicon Beach Report July 22: Blizzard Co-Founder Departs Company

L.A. Business Journal

Hulu CFO leaves for Amazon; Frank Pearce retires from Blizzard; SpaceX picks hyperloop competition winner

Hulu 113
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LA's Fifth Wall Ventures Finds $503M For Real Estate Technology Fund

socalTECH

Los Angeles-based Fifth Wall Ventures , an investor in real estate-related technology, says it has raised $503M for its second fund, Fifth Wall Ventures II. The fund--which has been raising the fund since June of 2018--makes invests in companies related to real estate, and its LPs include a large number of real estate owners, operators, and developers.

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Interview with Matt Kozlov, Techstars Space Accelerator

socalTECH

This morning's interview is with Matt Kozlov , the Managing Director of the new Techstars Starburst Space Accelerator , which just got started in Los Angeles. The Techstars Starburst Space Accelerator just announced ten companies that have joined its program last week. What are you doing at the Techstars Space Accelerator? Matt Kozlov: We created this program, because there has been lots of recent advances in the growth of the commercial, military, and civil space economy here in our backyard in

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Startup Weekend Girl Scouts of Greater Los Angeles

SoCal Tech Calendar

Sunday, July 28, 2019 --.

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Ready Set Food Finds $2.2M In Pre-Seed Round

socalTECH

Los Angeles-based Ready Set Food , a startup developing a system which introduces babies to peanut, egg, and milk--potential allergens--has raised $2.2M in a funding round, according to the company. The funding came from Amplify.LA, Wavemaker 360, PLG Ventures, Adam Miller, David Rogier, the Pasadena Angels, and John Burry. According to the startup, the new funding will help it advance its mission to save 200,000 children from developing a food allergy.

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9 Ways to Use Pull Marketing When Push Doesn’t Work

Startup Professionals Musings

More and more customers these days are doing their own marketing research, scanning internet reviews and feedback from friends, rather than trusting messages that you push out through advertising. This is called inbound marketing, where customers are pulled to you, rather than feeling accosted at every turn by your brand messages via email, newspapers and television.

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Radiology Partners Gets $700M

socalTECH

El Segundo-based Radiology Partners , the operator of a network of radiology practices across the U.S., says it has raised $700M in funding, which came from Starr Investment Holdings. Star joins existing investor New Enterprise Associates (NEA) and Future Fund. Radiology Partners said the funding will go to accelerate growth and innovation at the company.

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Skyworks Launches New 5G Components

socalTECH

Irvine-based semiconductor developer Skyworks Solutions said this morning that it is expanding its lineup of products for the 5G wireless market. According to Skyworks, it has just added a new family of high efficiency amplifiers, switch LNAs, compact circulators and isolators, plus products for the sub-6 GHz and millimeter wave frequencies, all aimed at use in 5G base stations.

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