Mon.Jun 10, 2019

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New LA Startup Combines Virtual Reality, Massage

socalTECH

Is the future of getting a massage virtual reality? A new, brick-and-mortar startup in Los Angeles, Esquapes sure hopes so, saying on Monday that it plans to launch the world's first ever "virtual reality massage center" in Los Angeles. Esquapes said it has created a center for "automated massages" which combines virtual reality and "curated fragrances" to transport its clients to a "place of relaxation"--whether that's an exotic beach, a desert spa, a tropical jungle, or other locations--to hel

Startup 168
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Silicon Beach Report June 10: Pluto TV Pushes into Latino Markets

L.A. Business Journal

Quibi unveils pricing details; SpaceX to launch JPL’s atomic clock; Pluto TV launches Latino programming

SpaceX 124
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SerImmune Finds $1.4M In Ongoing Funding

socalTECH

Santa Barbara-based SerImmune , a company developing immune mapping technology, has raised $1.4M in new funding, as part of what appears to be an ongoing $7.0M funding effort. The funding--which was disclosed via a regulatory filing--shows the round as a debt funding round, suggesting the funding is likely a convertible debt funding from existing investors.

Funding 138
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Celebrating San Diego Life Sciences: Xconomy Awards Gala Slideshow

Xconomy

View the Slideshow We at Xconomy were thrilled to see such a great turnout at our first-ever awards gala in San Diego. About 250 people from the local life sciences community filled a ballroom at Estancia La Jolla Hotel & Spa (see photos above). As Greg Huang, Xconomy’s editor in chief, said in his opening remarks before a sold-out crowd on May 29: How far the region has come since Xconomy first launched here, back in 2008!

San Diego 101
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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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Cubic Wins Air Force Contract

socalTECH

San Diego-based Cubic Corporation announced this morning that it has scored a win with the U.S. Air Force (USAF), to develop a data radio for the USAF. According to Cubic, the award went to its Cubic Mission Solutions (CMS) business division, for delivery of a Small Form Factor (SFF) Radio prototype for the Data Link Enterprise (DLE). The size of the contract was not announced.

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8 Ways To Use Personal Values To Highlight Leadership

Startup Professionals Musings

True business success and leadership starts with real personal values, extends to building a team, and finally to inspiring customers and your community. That’s a huge leap from an entrepreneurial idea, to a product, to making money. Is it any wonder that the majority of startups fail? My job as a new business advisor is to help entrepreneurs get over this chasm early.

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3 Tips to Boost Security, Trust With Increasingly Remote Workforce

Xconomy

Employers are increasingly offering remote work options as a differentiator to attract top talent in today’s competitive hiring market. And, with modern technology at their fingertips, employees have come to expect a seamless working experience whether they’re home, in the office, or on the road. These new expectations, coupled with the increase of contract and part-time workers, have forced organizations to adapt to a whole new workplace landscape.

Tips 97
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Goal Structured Solutions Buys Skills Fund

socalTECH

San Diego-based Goal Structured Solutions , a consumer finance company that managed consumer and student loans, has acquired Skills Fund , a startup which offered up financing for students attending "coding bootcamps", the two said last week. Financial terms of the acquisition were not announced. According to the companies, all of Skills Fund's current employees will join Goal Structured Solutions.

Funding 113
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Next West Coast SpaceX Mission Scheduled For Wednesday

socalTECH

Fans of Hawthorne, California-based rocket and spacecraft developer SpaceX have another opportunity to catch a launch in San Luis Obispo, as SpaceX attempts to launch three Earth observation satellites on Wednesday. The launch--currently scheduled for 7:17 a.m. PDT on Wednesday--will place the Radarsat Constellation Mission into space for the Canadian government.

SpaceX 113
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Qualcomm Backs SiFive In $65.4M Funding For RISC Processors

socalTECH

San Diego-based Qualcomm Ventures , the venture investment arm of Qualcomm, is one of the new investors in Silicon Valley-based RISC processor developer SiFive. SiFive said last week that it has raised $65.4M in a Series D funding round, which came from Sutter Hill Ventures, Chengwei Capital, Spark Capital, Osage University Partners and Huami, and also included new investor Qualcomm Ventures.

Funding 113
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Edesa Biotech and Stellar Biotechnologies Complete Merger

socalTECH

Toronto- and Los Angeles-based Edesa Biotech has merged with Stellar Biotechnologies , according to the two companies, and will focus on development and advancement of innovative treatments for dermatological and gastrointestinal indications. The newly combined company will operate as Edesa Biotech. The company, which has its headquarters in Toronto, also has an office in Port Hueneme, in Ventura County, where Stellar Biotechnologies had been headquartered.

Ventura 113
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Silicon Beach Software, Led By Software Legend, Rolls Out First Software Title

socalTECH

San Diego-based Silicon Beach Software --a newly revived software company headed by longtime software legend Charlie Jackson--announced its first title on Friday, a vector drawing software called SaviDraw. The software is the first title for the new company, which was founded in 2015 by Charlie Jackson, whose claim to fame was founding the original Silicon Beach Software in 1984, one of the very first develops of third party software for the Apple Macintosh.

Software 113