socalTECH
JULY 11, 2018
The Irvine Company , which operates a huge list of shopping centers in Orange County and elsewhere, including Fashion Island and the Irvine Spectrum, is in the midst of a flap over license plate data sharing. The real estate development firm was accused of sharing license plate scanning data with ICE , according to a report from the Electronic Frontier Foundation.
L.A. Business Journal
JULY 11, 2018
University of California–Los Angeles has received a $9.75 million grant from the United States Department of Energy of to advance research in rechargeable batteries.
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socalTECH
JULY 11, 2018
Los Angeles-based mobile game developer Jam City is extending the availability of its popular game, Harry Potter: Hogwarts Mystery , to both Hong Kong and Taiwan. According to Jam City, the game is now available in fully localized Traditional Chinese via both Google Play and the App Store. The mobile game--which has users acting as a student at Hogwarts School of Magic, the main setting for the popular Harry Potter stories from J.K.
L.A. Business Journal
JULY 11, 2018
Musk takes on Flint water crisis, the Overwatch League’s grand finals will be televised, Jam City is taking Harry Potter to Asia
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.
socalTECH
JULY 11, 2018
La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential , a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential announced on Wednesday that it has raised $35M in the strategic growth investment, which came from private equity investor JMI Equity.
Xconomy
JULY 11, 2018
Mark Cummins wondered why online search engines could help you locate a landmark halfway around the world in a second but couldn’t tell him whether the corner store had a craft beer he liked. That’s what led him to co-found Pointy, which makes a hardware device that enables small retailers to easily upload inventory onto their websites—thereby making the products more easily found in online searches.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Startup Professionals Musings
JULY 11, 2018
A guiding principle for startup success, as well as the long-term health of a mature business, is a liberal dose of innovation at the beginning, with additions of the same on a regular basis. Unfortunately, innovation means change, and most business professionals and existing customers, by default, hate change. Thus without thinking, every company becomes more static.
socalTECH
JULY 11, 2018
Pegasus Solar , the startup developing rooftop mounting systems for solar installations which is backed by Orange County's Okapi Ventures, has raised new funding, bringing its total raised to $10M in its Series A. The company announced the additional funding on Tuesday. Pegasus Solar said the round was led by Ecosystem Integrity Fund (EIF), with participation from Okapi Capital, Howard Wenger, Mike Miskovsky, and other solar industry executives.
Xconomy
JULY 11, 2018
Akcea Therapeutics (NASDAQ: AKCA ) has beaten rival Alnylam Pharmaceuticals (NASDAQ: ALNY ) to a first drug approval, getting the nod for its drug inotersen (Tegsedi) in the European Union. Akcea and Alnylam, both of Cambridge, MA, are developing treatments for the rare genetic disease transthyretin amyloidosis, or ATTR. It stems from a gene mutation that causes the protein transthyretin, which carries vitamin A around the body, to misfold and build up in nerves and other tissues, causing pain,
socalTECH
JULY 11, 2018
San Diego-based Synteract , a contract research organization (CRO) which runs clinical trials for the pharmaceutical industry, said today that it has acquired Cu-Tech , a contract research organization which specializes in dermatology. Synteract said it would use the buy to create a "dedicated center of dermatology development" at the company. Cu-Tech was based in New Jersey.
socalTECH
JULY 11, 2018
Los Angeles-based electronics e-commerce site NewEgg said today that it is kicking off its annual, "FantasTech" sale on July 16th--a counter to the big Amazon Prime Day sale on the same day. According toNewegg, it will offer up a four-day sale on a wide range of the "latest and greatest" tech products. NewEgg said it will start with a "pre-sale" starting on July 11th, an offer up daily deals leadin gup to its big sale on July 16th.
socalTECH
JULY 11, 2018
Hawthorne, California-based rocket launch provider SpaceX may be looking to deliver its own spacecraft to Mars, however, in the meantime, it's now set to deliver a spacecraft to the Moon for a nonprofit group in Israel. SpaceIL, which is developing an unmanned spacecraft specifically designed to land on the moon, says it has booked a ride in December on a SpaceX Falcon 9 rocket.
socalTECH
JULY 11, 2018
AdvancedMD , a portfolio company of Los Angeles-based private equity investor Marlin Equity , said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. Neusoft Technologies (NueMD) develops practice management, clinical and medical billing application software, which it offers up to independent medical practices.
socalTECH
JULY 11, 2018
Los Angeles-based CapLinked , which develops a range of software used for corporate finance deals and information sharing, has raised a $2.5M in seed funding. The funding came from Alphabit Fund, Translunar One, Kenetic Capital, NextProtocol Ventures, and BKCM. The new funding comes as CapLinked has started focusing on developing a software platform for managing "token" securities, called TransitNet.
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