socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The privately held company said the results represented its tenth straight year of growth. The release of the firm's annual revenues are quite unusual, since OpenX is still private, and may indicate the company either is seeking to be acquired or is close to its long-rumored IPO.

OpenX 124

OpenX .Net Advertising Los Angeles 124

SoCal Tech Calendar

MARCH 13, 2018

Monday, March 19, 2018 -- First Ever SouthBay LA AWS User Group event. In this event, there will be drinks, food and a round table discussion, led by Jonathan LaCour (CTO at Reliam), where we'll all chime in about what topics should be presented for future events. This group will meet monthly so this is your chance to shape this AWS users group and have the content geared to what you think is valuable for you and the AWS community.

Content 100

Content 100

socalTECH

MARCH 13, 2018

In a surprise move, President Trump issued an order late Monday evening, blocking the proposed takeover of San Diego-based Qualcomm by Broadcom , citing national defense--despite Broadcom's efforts to relocate its headquarters back to the United States. In a statement, the White House said that the proposed takeover of Qualcomm would "impair the national security of the United States" and the move was made to "protect the national security" of the US.

Acquisition 113

Acquisition San Diego 113

SoCal Tech Calendar

MARCH 13, 2018

Thursday, March 15, 2018 -- Join us for an evening celebrating entrepreneurship at Expert Dojo, Santa Monica CA. Presented by the Pasadena Angels in partnership with LAVA and Expert Dojo Launching a successful start-up requires more than grit, caffeine and an innovative idea. A successful start-up requires funding, mentoring, and smart connections. Join us for a panel discussion with Pasadena Angels' portfolio companies and network with our angel investors, LAVA members and the Expert Dojo team.

LAVA 100

LAVA Pasadena Angels Funding Santa Monica 100

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.

Company

socalTECH

MARCH 13, 2018

Los Angeles-based accounting softare developer BlackLine announced late Monday that it will be launching an underwritten public offering of 8,000,000 shares of its stock, in what appears to be a move to provide some liquidity to its early investors. According to BlackLine, the shares in the offering are being sold by Silver Lake Sumeru, investment funds affiliated with ICONIQ, Therese Tucker, the company's CEO and founder; and Mario Spanicciati, the company's Chief Marketing Officer.

Silver Lake 113

Silver Lake Los Angeles Invest Funding 113

L.A. Business Journal

MARCH 13, 2018

Aecom’s URS Federal Technical Services unit was awarded a contract of up to $961 million by the U.S. Air Force for training services for three types of unmanned aircraft, the Defense Department announced on March 9.

Training 100

Training Services 100

L.A. Business Journal

MARCH 13, 2018

OpenX, a Pasadena-based programmatic advertising technology company, announced $172 million in 2017 revenue in a March 13 report. The company has grown for 10 consecutive years and has been profitable for four straight, according to a company statement. In addition, OpenX invested $50 million into research and development this past year.

OpenX 100

OpenX Report Pasadena Advertising 100

socalTECH

MARCH 13, 2018

Los Angeles-based digital marketing agency Wpromote has received a private equity investment from Shamrock Capital , the two announced today--the first ever outside investment received by Wpromote, ever. Financial terms of the investment were not announced. Wpromote was founded in 2001 by Michael Mothner, and now has over 350 employees spread across eight offices.

Invest 100

Invest Capital Equity Los Angeles 100

L.A. Business Journal

MARCH 13, 2018

OpenX reports over $170 Million in 2017 revenue; Wpromote lands investment from Shamrock Capital; and Allison Checchi named COO of Atom Tickets.

OpenX 100

OpenX Report Invest Capital 100

Tech.Co

MARCH 13, 2018

The spirit of optimism is alive and well at SXSW 2018. Between the art installations, film, entertainment, innovation, and Elon Musk, who crashed the HBO “Westworld” panel to talk about the future of space travel, it would be hard not to leave Austin inspired. “There needs to be things that inspire you, that make you glad to wake up in the morning and be part of humanity,” Musk said, according to USA Today.

Startup 70

Startup Competition Mentor Entertainment 70

Xconomy

MARCH 13, 2018

Gene editing has arrived. Of the various forms of the technology, CRISPR-Cas9 is the easiest to use, and it’s already showing up in summer camps and school science labs near you. That would be middle schools. When everyone can edit an organism’s genes, how will the world change? Should we be worried? National security officials say yes. Should we also be hopeful?

Study 79

Study Activity Organization Technology 79

SoCal Tech Calendar

MARCH 13, 2018

Wednesday, March 14, 2018 --.

100

100

Xconomy

MARCH 13, 2018

In the Boston office of GE Ventures, managing director Alex de Winter is overseeing investments in companies like Veracyte, which is applying machine learning to genomic sequencing technology to help doctors distinguish benign growths from cancer. At Intel Capital in the Bay Area, investment director Ranjeet Alexis is an expert in bioinformatics who is scouting for deals at the intersection of computation, healthcare, and the life sciences.

San Diego 67

San Diego Artificial Inteligence Research Invest 67

Xconomy

MARCH 13, 2018

Crinetics Pharmaceuticals , a San Diego biotech focused on developing new drugs for endocrine disorders and endocrine-related cancers, said today it has raised $63.5 million in a Series B financing led by Perceptive Advisors, the New York biotech fund. Two new investors, RA Capital and OrbiMed, joined the round, along with existing investors 5AM Ventures, Versant Ventures, and Vivo Capital.

San Diego 49

San Diego Research Funding Capital 49