Both Sides of the Table

MAY 21, 2018

I was recently with an entrepreneur and talking with him about his fund raising process. He was in a later-stage financing round and was talking with many investors. Some started asking him for very specific analyses to be completed on his data and wanted his company to crunch the numbers. I told him he shouldn’t bother and that it was likely a junior person at the firm whose job is was to find holes in the data / narrative.

Funding 217

Funding Newsletter Venture Capital Email 217

socalTECH

MAY 21, 2018

Marina Del Rey-based CREXi , which is developing a technology platform aimed at the commercial real estate industry, has raised $11M in a Series A funding, the company said on Monday. The funding was led by Jackson Square Ventures, and also included Manifest Investment Partners, Lerer Hippeau Ventures, Freestyle Capital, and TenOneTen Ventures. CREXi operates an online marketplace for commercial real estate, connecting buyers, sellers, and brokers.

Marina Del Rey 113

Marina Del Rey Technology Platform Sales 113

L.A. Business Journal

MAY 21, 2018

SpaceX Readies Next Falcon 9 Launch; More Competition for Bird; Core Innovation Backs $8 Million Crypto Raise.

SpaceX 113

SpaceX Competition Report 113

socalTECH

MAY 21, 2018

An election battle in the 45th Congressional District--which encompasses much of Orange County--has erupted, with one of the candidates support for Bitcoin at the center of some election ads. Four Democrats are looking to run in the 45th district against current incumbent Republican Mimi Walters--including David Min (former SEC enforcement attorney and UC Irvine law professor); Brian Forde (former White House senior technology adviser and Bitcoin enthusiast); Kia Hamadanchy (former legislative a

Orange County 113

Orange County Entertainment Report Media 113

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

Xconomy

MAY 21, 2018

It’s been a busy year for Jerusalem-based Mobileye since Intel (NASDAQ: INTC ) completed its $15.3-billion acquisition of the Israeli specialist in autonomous navigation technology. In a recent update, Mobileye co-founder and CTO Amnon Shashua said the company has almost doubled its workforce since the buyout. It plans to begin testing its self-driving technology in California next month.

Acquisition 49

Acquisition Capital Technology San Diego 49

socalTECH

MAY 21, 2018

Los Angeles-based Two Bit Circus Foundation , the nonprofit education arm of LA's Two Bit Circus , is running two of its STEAM Carnival events at Los Angeles area schools. According to Two Bit Circus Foundation, it ran one event over the weekend in Hawthorne at the Prairie Vista Middle School, and will run one in Compton at Dollarhide Community Center on Thursday.

Compton 113

Compton Education Hawthorne Los Angeles 113

socalTECH

MAY 21, 2018

Vista-based Sound United , the parent firm of audio brands Denon, Marantz, Polk Audio, Definitive Technology, HEOS, Boston Acoustics and ClasseAudio, says it has settled all of the patent infringement litigation between the company and Santa Barbara-based Sonos. Sound United--the audio division of DEI Holdings--said the settlement includes an upcoming case filed against Sonos by Denon.

Patents 113

Patents Santa Barbara Report Technology 113

socalTECH

MAY 21, 2018

Culver City-based Magento Commerce , which develops e-commerce software, has been acquired by San Jose-based Adobe , in a deal worth $1.68 billion, the two said on Monday. According to the two, the Magneto Commerce Cloud will be integrated into Adobe's Experience Cloud platform. Adobe said Magento CEO Mark Lavelle will continue to lead Magento's team.

Commerce 100

Commerce Culver City Platform Software 100

socalTECH

MAY 21, 2018

San Diego-based defense contractor Kratos Defense & Security Solutions reported this morning that it has received $38M in awards for high performance unmanned aerial drone aircraft, systems, and related product contract awards. Name of the customer was not announced. Kratos said the work under those contracts will be performed at its secure manufacturing facilities and customer locations.

San Diego 100

San Diego Report Customer Custom 100

socalTECH

MAY 21, 2018

Los Angeles-based fintech investor Core Innovation Capital is one of the investors in a new startup, which is combining healthcare software with crytocurrency tools. San Francisco-based Decent said last week that it has raised $8M in a funding round, which included Core Innovation Capital, along with lead investors Foundation Capital and Menlo Ventures, plus Digital Currency Group, Lux Capital, Maverick Ventures, Meridian Street Capital, Healthy Ventures, ChinaRock Capital Management, Abstract V

Capital 100

Capital Los Angeles Tool Software 100

socalTECH

MAY 21, 2018

Santa Monica-based Bird , the on-demand electric scooter rental service backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures, may be seeing even more competition in San Francisco, after reports that Lyft is hoping to launch its own, electric scooter service in the city. Bird already has a long list of competitors in San Francisco, including LimeBike and Spin.

Competition 100

Competition Santa Monica Demand Equity 100