Fri.Feb 23, 2018

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Esri Acquires ClearTerra

socalTECH

Redland-based GIS software giant Esri announced on Friday morning that it has acquired ClearTerra , a developer of data extraction technology, from ClearShark, LLC. Financial details of the acquisition were not announced. ClearTerra's technology helps extract unstructured data from emails, briefings, and reports, and automatically extracts geographic coordinates from that information.

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Pasadena’s New Profile

L.A. Business Journal

Academia, Fortune 500 companies and tech, aerospace, biotech and engineering businesses mix in Pasadena.

Pasadena 170
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Cornerstone's DisasterReady.org Aims To Help In Syrian Crisis

socalTECH

DisasterReady.org , the online learning site created by Santa Monica-based Cornerstone OnDemand and its nonprofit arm, the Cornerstone OnDemand Foundation, is pitching in to help address what the Cornerstone calls "one of the worst humanitarian crises in recent time". According to the Cornerstone OnDemand Foundation, its DisasterReady.org effort has partnered with the Mercy Corps and the International Rescue Committee (IRC) to design and implement free, online learning resources and courses--in

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Change The Way You Negotiate

InfoChachkie

A version of this article previously appeared Forbes. Entrepreneurs have to be wily in all of their transactions, especially long-term commitments, such as property leases. In speaking with Steve Bermudez, former senior executive at Citrix, I was surprised that he was able to make money on some of his leases, by baking into his agreements the ability for Citrix to share in the upside realized by its landlord upon a sale of the property.

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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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Intellisense Spins Out Of Physical Optics Corporation

socalTECH

Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues. Intellisense said it will engineer, design, develop, test and produce sensor systems and optoelectronic solutions for the U.S.

Torrance 113
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Silicon Beach Report Feb. 23: Snap’s Spiegel Earned $638 Million Last Year

L.A. Business Journal

Snap’s Spiegel earned $638 million last year; LAist’s assets bought by KPCC; and L.A. movie theaters could have LED screens by April.

Screening 100

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Last-Mile Providers Take Different Routes

L.A. Business Journal

Two tech startups bet on bikes and scooters for last-mile commuting.

Startup 113
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Vision Esports Snags $38M From Sports Teams, Invests In 3 Esports Companies

socalTECH

Beverly Hills-based Vision Esports has raised $38M in a funding round, and said it invested in 3 Esports companies--Echo Fox, Twin Galaxies and Vision Entertainment. Vision Esports said its funding round was led by Evolution Media (backed by the Creative Artists Agency, CAA) and TPG Growth, and also included a number of organizations and athletes from the professional sports field, including Odell Beckham Jr., the New York Yankees, the St.

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DroneBase Nets $12M in VC Funds, Expands Augmented Reality Feature

L.A. Business Journal

Online drone services firm begins testing AR.

.Net 100
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Sonos Wins Patent Ruling Against D&M Holdings

socalTECH

Santa Barbara-based whole home audio systems developer Sonos has scored a win in the courts this week, when a federal judge invalidated a home audio patent held by D&M Holdings , the owner of such brands as Denon and Boston Acoustics. D&M Holdings had filed a patent infringement suit (D&M Holdings et al. v. Sonos Inc.) against Sonos in March of 2016, saying that Sonos had infringed on U.S.

Patents 100
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8 Keys To Migration From A Consultant To A Freelancer

Startup Professionals Musings

Being a consultant is a role that works with big companies, but I have found that it doesn’t get much traction in small businesses and startups. The image of a self-proclaimed expert who can generate a report, make a great presentation, and leave you to do the implementation, is just not attractive when you don’t have a staff, and you are already overloaded with the crisis of the day.

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Bio Roundup: Meldonium Slip, Kratom Crackdown, Zinc Fingers & More

Xconomy

The 2018 Winter Olympics will end soon, and we did not skate through these games without a performance-enhancing drug allegation rearing its ugly head. This time, the drug in question was meldonium (Mildronate), a product widely available over the counter in Russia and some Eastern European countries. Though Latvian pharmaceutical company Grindeks markets meldonium for heart conditions, the drug also reportedly boosts stamina and endurance.

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