Berkonomics
MARCH 9, 2017
Well, the numbers don’t lie, even if there are several sources of these statistics. Starting a company is HARD – in so many ways. And risky too. I read several years ago, that the average startup restaurant lasts only about a year. Ouch! Here I am a professional investor in early stage companies, and I attempt to find those with the greatest chance of success and growth in value over time.
socalTECH
MARCH 9, 2017
Los Angeles-based Local Roots Farms , a startup located at the Los Angeles Cleantech Incubator (LACI), says it is showing off a traveling, indoor farm at SXSW, which showcases its hydroponic technology. Local Roots said its farm is built inside a 40 foot shipping container, which is designed to grow leafy greens equal to five acres of land, with up to 99 percent less water than conventional agriculture, and without the use of pesticides and herbicides.
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L.A. Business Journal
MARCH 9, 2017
Telemedicine startup iExhale announced that it closed a $1.86 million seed round led by New York’s Dorilton Capital on Thursday.
socalTECH
MARCH 9, 2017
Westlake Village-based Cynvenio announced this morning that it has launched a new cancer testing service, the ClearID Total Insight Breast Cancer, to monitor breast cancer patients. According to Cynvenio, the liquid biopsy monitoring service is aimed at patients in treatment and survivors in remission, and is designed to measure immune health status and detect genetic mutations associated with cancer.
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.
L.A. Business Journal
MARCH 9, 2017
L.A. billionaire and former telecommunications mogul Gary Winnick has a new tech venture.
socalTECH
MARCH 9, 2017
Is the key to winning the spot as host of the 2024 Summer Olympics the company's growing technology sector? In a panel on Thursday, LA 2024's Gene Sykes , the head of LA's efforts to win the Olympic Games, says that tapping into LA's growing technology sector is key to helping the Olympics reach the youth market. Sykes, at a panel at the Montgomery Summit in Santa Monica, said that LA's technology industry could be key to helping to attract more youth to sports.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MARCH 9, 2017
Monrovia, California-based AeroVironment has been selected by auto manufacturer Volvo Cars , to develop a custom electric vehicle (EV) charging station, the company announced on Thursday. According to AeroVironment, it will develop a custom, global EV charging station for Volvo, to support Volvo's customers in Europe, China, and North America. Financial details of the deal were not announced.
Xconomy
MARCH 9, 2017
Uber has suffered a series of troubles early this year, from sexual harassment claims by a former staff engineer to an intellectual property theft lawsuit by Google unit Waymo. But Uber’s most longstanding, recurrent, and core problem stems from its relationship with its contract drivers. It’s not surprising that Uber is seeking an escape from that relationship with an ambitious plan: to dial drivers out of its business model altogether by replacing them with self-driving cars.
socalTECH
MARCH 9, 2017
In an age where topics like Russian hacking, CIA hacking tools and the stability of the power grid and industrial networks has suddenly become important, there are only a few companies tackling industrial network security directly. One of those is Aliso Viejo-based Veracity Industrial Networks (www.veracitysi.com), led by CEO Paul Myer. Paul sat down with us last week to talk about industrial networks, network security, and why suddenly those systems--used for manufacturing, the power grid, oil
socalTECH
MARCH 9, 2017
Los Angeles-based Snap, Inc. has opened up its second, bricks-and-mortar store selling its Spectacles sunglasses, just down the street from its Venice headquarters. The store opened at 1pm on Thursday, closing "at Sunset", with regular hours of 11am to Sunset every day. Snap's Spectacles allow Snapchat users to record short snippets of video, and automatically post them to their account.
socalTECH
MARCH 9, 2017
San Diego-based Daylight Solutions , a developer of lasers used in scientific research, life sciences, industrial process control, and defense, has been acquired for $150M by Leonardo S.p.A. , the companies announced this morning. According to the two, Leonardo S.p.A. is acquiring Daylight through its U.S. subsidiary, Leonardo DRS, and will become one of eight lines of business run by Leonardo DRS.
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