Tue.Feb 12, 2019

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. What gives?

Invest 407

Techstars and Starburst Aerospace are launching a space industry accelerator in Los Angeles

TechCrunch LA

With the help of NASA’s Jet Propulsion Lab, the U.S. Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles.

TigerConnect Rolls Out New Software Product


Santa Monica-based TigerConnect , the developer of healthcare communications software, has rolled out a new set of products and product enhancements, all aimed at communications between healthcare providers, patients, and health systems. According to the company, it has rolled out a new product called TigerTouch, which it says allows health systems to communicate directly with patients through video, voice, and text.

Losing “Scalps”? Despite Pharma Fear, A Split on Trump Rx-Price Plans


Despite angry presidential tweets and other anti-pharma rhetoric, the drug industry has benefited under the Trump administration, thanks in part to a massive corporate tax cut.

Amazon Lockers Head To Coachella


Need something for the annual music festival at Coachella ? Amazon is looking to cater to the crowd of tech-savvy visitors to the popular festival, and said on Tuesday that it will be offering up its Lockers at on-site locations at Coachella during the two weekends of the festival in April.

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Scopely Says it Now Has $400M Run Rate


Los Angeles-based mobile game developer Scopely says it now has a $400M annual revenue run rate, which it attributes to its recent foray into Star Trek-themed mobile games. According to Javier Ferreira, the company's President and COO, its Star Trek title, Star Trek: Fleet Command resulted in an 80 percent jump in its revenues last year. Scopely says it now has 260 employees.

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Techstars Sets Up Space Accelerator In LA


Startup accelerator operator Techstars is setting up yet another accelerator program in the Los Angeles area, with a new startup accelerator focused on space ventures. The new Techstars Starburst Space Accelerator is being funded by aerospace investment firm Starburst Aerospace , and will be led by Matt Kozlov, who previously headed the Cedars Sinai Accelerator powered by Techstars.

Invest 109

Andrew Peterson of Signal Sciences On A New Funding, Growth, And Startup Scaling


Los Angeles-based Signal Sciences (www.signalsciences.com), which develops web application firewall software, just inked a big, $35M series C funding round a few weeks ago, and now has plans to dramatically expand its hiring in Los Angeles. Andrew Peterson , the companys CEO, says the company is looking to hire up another 80 people here in the LA area. We caught back up with Andrew to hear about the company, its expansion plans, and what hes learned as a startup entrepreneur.