Thu.Nov 08, 2018

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Cornerstone Buys Grovo Learning for $24M

L.A. Business Journal

Santa Monica-based Cornerstone OnDemand Inc. has acquired privately held Grovo Learning Inc., a New York City-based technology company.

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sonnen Teams With Homebuilder On Net Zero Homes In Florida

socalTECH

Los Angeles-based residential energy storage technology developer sonnen said on Thursday that it has partnered with home developer Pearl Homes to build a "net zero" community in Florida. According to the companies, they are building a community called "Hunters Point - Pearl Homes Community and Marina" which will include LEED Platinum certifications, which will be equipped with rooftop solar panels, sonnen's energy storage systems, a smart thermostats, an EV charger, plus Google Home, in what wi

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Money is not the only measure of success.

Berkonomics

I am sure you heard of Maslow’s Hierarchy of Needs that motivate our behavior, in which Abraham Maslow laid out a human’s needs – from the physiological, to safety, then love and belonging, on to esteem and finally self-actualization. A little too esoteric for you? Let’s make it more personal. So, where are you in that hierarchy? Let’s assume for a minute that you have just sold your business, or come into money beyond your current needs….

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Milk and Eggs Raises $6M For Grocery Delivery

socalTECH

Los Angeles-based Milk and Eggs , a new grocery delivery startup which helps connect consumers with farmers and others who will deliver perishable groceries, has raised $6M in a seed funding round, and launched its services. Source of the seed funding was not announced. According to the startup, it is looking to provide people with healthier and fresher food, and also help cut down on unnecessary middlemen, the large amount of food waste, and carbon delivery associated with people driving to the

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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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ZipRecruiter Adds Former Facebook, Linkedin Executives to Board

L.A. Business Journal

Online hiring and job-search platform ZipRecruiter Inc., based in Santa Monica, announced three new additions to its board of directors Nov. 8, including former executives of Facebook Inc., the San Francisco 49ers and GoDaddy Inc.

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ServiceTitan Acquires JaRay Software

socalTECH

Glendale-based ServiceTitan , which develops software for the residential HVAC, plumbing, electrical, and home services business market, has acquired Kansas-based JaRay Software , the company announced this morning. Financial terms of the acquisition were not announced. JaRay Software is a developer of service business management software, and was founded by Paul Farmer Sr. and his family 40 years ago when he was a Roto-Rooter franchise owner, and was run by his family until the acquisition.

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Preccelerator Program Targets $25K Investments In Startups

socalTECH

Los Angeles-based, early stage startup accelerator The Precellerator Program , which is associated with legal firm Stubbs Alderton & Markiles, LLP, says this morning that it will start investing $25,000 in unrestricted cash in the startups which join its program, in addition to the $25,000 in legal services it already provides to participants. The move is the first for the program to providing cash investments in startups.

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Hold Your Horsepower: For Mobility Industry, “Reality Is Sinking In”

Xconomy

Earlier this month, GM CEO Mary Barra told the crowd at a financial conference that her company was on track to unveil a ridesharing service in 2019 that would be powered by autonomous vehicles. It sounded like pretty big news, but to understand company announcements about the commercial viability of driverless cars, one must first parse the semantics.

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Nominations Open for San Diego’s Inaugural Xconomy Awards

Xconomy

Hundreds of companies. Dozens of research institutes. Billions of dollars in economic impact. San Diego is one of the top U.S. cities for innovation in life sciences and healthtech. Researchers and entrepreneurs here are leaders in developing the next generation of medicines and medical devices. In doing so, they are revealing new insights from our genomes, coming up with new data analytics tools, and applying digital advances to improve health.