K1 Invests $21 Million in Eltropy
L.A. Business Journal
JUNE 16, 2021
Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in software company Eltropy Inc.
Wed.Jun 16, 2021
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Lead Edge Capital Raises $150M Fund
socalTECH
JUNE 16, 2021
Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments. Lead Edge Capital said the new fund brings the company's total capital under management to over $3 billion.
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6 Indications Of A Dysfunctional Leader In A Startup
Startup Professionals Musings
JUNE 16, 2021
Founders almost always cite lack of money as the reason for failure, but if you look deeper, I believe the reason is more often about dysfunctional people and leadership. Sometimes it comes right back to the founder, in terms of a malaise often called “founder’s syndrome.” A few years ago I was intimately involved with a promising startup that taught me about this issue.
Romeo Power Sets CFO, Accounting Chiefs
socalTECH
JUNE 16, 2021
Los Angeles-based electric powertrain developer Romeo Power announced this moring that it has named two new executives. The company said it has named Kerry A. Shiba as Chief Financial Officer, and appointed Yun Han as Chief Accounting Officer. Current CFO Lauren Webb is shift ing to become Chief Strategy and Commercial Officer. Shiba was previously CFO at Wesco Aircraft Holdings, and also served at similar roles at Superior Industries International, Inc.
Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19
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.
Understanding How WiFi Networks Actually Work in Practice
AllTopStartups
JUNE 16, 2021
Not that long ago, “WiFi” was a funny sound that tech professionals would throw around that no one else would understand. Now, it’s something that you’re likely to hear multiple… The post Understanding How WiFi Networks Actually Work in Practice appeared first on AllTopStartups.
RayzeBio Snags $108M for Cancer Drug Efforts
socalTECH
JUNE 16, 2021
San Diego-based RayzeBio, a pharmaceuticals company which says it is developing targeted radiopharmaceutical drugs for cancer, has raised $108M in its Series C funding. The company said it has now raised a total of $258M. The new funding was led by Venrock Healthcare Capital Partners and also include Perceptive Advisors, Vivo Capital, Acuta Capital Partners, Deerfield Management, and TCG X, plus existing investors venBio Partners, Versant Ventures, Samsara BioCapital, Redmile Group, Viking Globa
SureCo Buys Tembi Health
socalTECH
JUNE 16, 2021
Santa Ana-based SureCo, a provider of healthcare programs, said this morning that it has acquired Tembi Telehealth, a provider of a telemedicine network and platform. Financial details of the acquisition were not announced. Steven Richardson, the CEO of Tembi, joins SureCo as Chief Population Health Officer. Matthew Kim is CEO of SureCo. Tembi Health provides telemedcine services for physicians.
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