socalTECH

JULY 30, 2019

The ArtCenter College of Design , based in Pasadena, and social networking and 3D avatar site IMVU announced on Tuesday that the two have launched a new "studio partnership", which will let students in a course design their own, 3D experience in the IMVU world. According to the two, students in an "Online Avatars & Digital Landscapes" course will help address "business challenges associated with motivating communication in a mixed-reality world.

Pasadena 200

Pasadena Design Sites Course 200

L.A. Business Journal

JULY 30, 2019

Venice-based Stackin Inc., a startup that offers financial planning advice via text message, has finalized a $4 million Series A raise to build out its platform and grow operations.

Platform 100

Platform Venice Startup 100

socalTECH

JULY 30, 2019

Los Angeles-based venture capital investment firm TenOneTen Ventures has launched a new podcast, to highlight Los Angeles area venture capital funds, the fir is announcing today. The new podcast is run by Minnie Ingersoll and David Waxman, partners at TenOneTen, and it intended to help entrepreneurs get to know LA-based funds and the people behind them, according to Waxman.

Venture Capital 153

Venture Capital Los Angeles Ideas Entrepreneur 153

Xconomy

JULY 30, 2019

About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. It exceeded that goal, with revenue rising 21 percent to $3.33 billion by the end of 2018. It’s a different financial story this summer. On Monday, Illumina (NASDAQ: ILMN ) informed the markets that it had overshot the mark with its 2019 estimates.

Study 59

Study News Demand Tool 59

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.

Company

socalTECH

JULY 30, 2019

Santa Monica-based Ring --the doorbell and security camera maker which is now owned by Amazon --has now partnered up with at least 200 law enforcement agencies, giving those departments the ability to see where Ring cameras are installed in a neighborhood, and allowing the police to directly contact camera owners for requests for footage, according to a report.

Report 147

Report Santa Monica Company Companies 147

socalTECH

JULY 30, 2019

Our video interview today is with Jenny Wang, Ph.D. , the co-founder and CEO of Jeni Vision (www.jenivision.com), a venture funded startup spun out of UC Irvine, which is developing treatments for a number of opthalmic conditions. Jeni Vision has so far raised $7M in its Series A funding. READ MORE>>.

Funding 113

Funding Startup Develop Development 113

socalTECH

JULY 30, 2019

Startup accelerator operator Techstars --which has a big presence in Los Angeles--has raised a big, $42M funding round, led by SVB Financial Group (the holding company of Silicon Valley Bank), and which also included Foundry Group and its other existing investors. According to Techstars, the deal will help it accelerate its growth, through seed-stage accelerators, global startup ecosystem activations, corporate innovation, and entrepreneur-focused events.

Startup 113

Startup SoCalTech Los Angeles Class 113

socalTECH

JULY 30, 2019

Santa Monica-based software developer Sixgill has launched a new product this morning, saying it has unveiled a new application called HyperLabel, which helps developers, engineers, and data scientists implement machine learning. The company said its new desktop data labeling applications helps users create labeled datasets for better machine learning models.

Artificial Inteligence 113

Artificial Inteligence Tool Santa Monica Venture Capital 113

socalTECH

JULY 30, 2019

Goleta-based Transphorm , which develops high voltage, Gallium Nitride (GaN) semiconductors, has received $18.5M in a contract from the U.S. Office of Naval Research (ONR). According to Transphorm, the Office of Naval Resaerch--part of the U.S. Departmetn of Defense (DoD)--eercised a three year, $15.9M option on an existing $2.6M base contract with the company, which will go to establish a domestic source of Gallium Nitride epiwafers.

CTO Hire 113

CTO Hire Outsource Development Santa Barbara Research 113