Fri.Feb 01, 2019

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NEXT, Flush With $97M In New Funding, Hires First CFO

socalTECH

Los Angeles-based shipping and logistics marketplace developer NEXT , fresh off a big, $97M funding round announced last week, said that it has hired Peter Janda as the company's first ever Chief Financial Officer. Janda was most recently CFO at Chef'd, and also has served at such companies as Ingram Micro, Ernst & Young, among other companies. NEXT, which is led by Lydia Yan, raised its latest round of funding from Brookfield Ventures, Sequoia Capital, and GLP.

Funding 145
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An Unlikely Unicorn: Lynda.com’s Journey From Garage To $1.3B Sale

InfoChachkie

A version of this article previously appeared in Forbes. I recently interviewed Bruce Heavin, Co-Founder and Head of Innovation at Lynda.com, as part of UC Santa Barbara’s Innovator Stories series. Bruce, along with his wife Lynda, created a learning company from their garage, initially by holding in-person classes and later selling VHS tapes via mail order.

Sales 113
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Digital Map Products Names New Board Member

socalTECH

Irvine-based Digital Map Products , which provides map-based, real estate applications, said this week that it has named a new member to its board of directors. According to Digital Map Products, it has appointed Dave Cozzens to its board, to help guide the company around strategic growth and positioning. Cozzens was most recently CEO of Telogis, which he led from startup to acquisition by Verizon in August of 2016.

Product 133
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Bio Roundup: Alzheimer’s Fail, Drug Price Plan, Gene Therapies & More

Xconomy

Pharmaceutical companies typically raise prescription drug prices at the start of each year and this year was no different. The increases were the latest reminder that, despite President Trump’s fiery campaign rhetoric, the administration had done little to actually lower drug prices. But a new plan aimed at the secretive rebate deals between pharma companies and pharmacy benefit managers could change things.

Pricing 84
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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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SendGrid Now Part Of Twilio After $3 Billion Acquisition

socalTECH

Email delivery services provider SendGrid is now officially part of cloud communications platform operator Twilio , Twilio said on Friday. SendGrid--which has significant operations in Anaheim, where one of its co-founders also was based--was acquired in a deal worth $3 billion. The deal had originally been announced last year. Twilio said the deal is worth approximately $53.99 per share of SendGrid common stock.

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10 Keys To Innovative Branding For A Great Solution

Startup Professionals Musings

In today’s world of constant change and information overload via the Internet, content marketing and branding are often more important to success than product quality or technology. Contrary to a popular myth, word-of-mouth and viral marketing are not a substitute for more basic branding activities. The challenge is that many new business owners still don’t know where to start.