L.A. Business Journal
APRIL 3, 2017
When SpaceX’s Falcon Heavy lifts off for the first time this summer it will rank as the most powerful operational rocket in the world by a factor of two - but its payload will less than serious.
socalTECH
APRIL 3, 2017
San Diego-based Independa , which is creating technology used to help seniors live longer independently at home, has named former WebMD executive Jennifer Willey as its Chief Business Officer. Independa said that Willey was previously Senior Vice Prisident of Consumer Strategy and Partnerships at WebMD Health Corporation. She also has served at Yahoo, AOL, Sharecare, and Everyday Health, along with working as a news anchor and reporter at CBS and ABC affiliates in South Carolina and New York.
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L.A. Business Journal
APRIL 3, 2017
SpaceX plans ‘silly payload’ on first Falcon Heavy launch in late summer, Snapchat adds Instagram layout as April Fools’ joke, and Wpromote acquires Prime Visibility.
socalTECH
APRIL 3, 2017
Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. According to AeroVironment it has launched a new product, ConnectRx, as part of its PosiCharge ProCore line of electric forklift chargers. The company said the new product implements a new sophisticated charge algorithm, battery thermal management, and anti-arc technology.
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Startup Professionals Musings
APRIL 3, 2017
As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Business is not rocket science, and one-on-one guidance face-to-face, with a real project, trumps the classroom and mistakes every time.
socalTECH
APRIL 3, 2017
San Diego-based aTyr Pharma announced this morning that it is expanding its board of directors, adding independent director Jeffrey S. Hatfield to its board. Hatfield was most recently President and Chief Executive Officer of Vitae Pharmaceuticals. Hatfield served in that position from March 2004 until October 2016, when Vitae was acquired by Allergan for $639M.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
APRIL 3, 2017
San Diego-based MEI Pharma , which is developing cancer treatments, said today that it has named Brian Drazba as its Chief Financial Officer. Drazba was most recently CFO of Heron Therapeutics, and also had served at ISTA Pharmaceuticals, Insight Health, and Arthur Andersen & Co. Drazba is replacing Thomas Zech, who the company says is retiring after four decades in the industry.
Xconomy
APRIL 3, 2017
Christopher Reinhard will tell you there is nothing unusual about the 20-plus years he’s spent getting an experimental heart therapy to late-stage clinical trials. “Very rarely will you get a short story on development of a drug,” said Reinhard (above), who is a principal investor and the CEO of San Diego-based Angionetics. Two decades “is about what you would expect” for a new drug-making method, Reinhard said.
socalTECH
APRIL 3, 2017
Irvine-based analog semiconductor maker Skyworks is in a design win with Sierra Wireless, to power that company's new line of wireless modules. Skyworks said that Sierra Wireless will use its 3G/4G technologies for its AirPrime HL Series wireless modules, which are aimed at the machine-to-machine (M2M) and device-to-cloud applications. Shipping volumes and financial impact of the deal were not announced, however, Skyworks said Sierra Wireless is using 17 different Skyworks devices in those desig
socalTECH
APRIL 3, 2017
Hawthorne-based SPaceX has signed up yet another customer for its rocket launch business, Cayman Islands-based Global-IP Cayman. Global-IP Cayman, which is working on providing satellite Internet to Sub-Saharan Africa, said it has signed a launch services deal with SpaceX for its first satellite. Financial details of the deal were not announced. Global-IP said the satellite, GiSAT-1, will be its first, and will provide Internet services to Sub-Saharan Africa.
socalTECH
APRIL 3, 2017
El Segundo-based digital marketing agency Wpromote announced this morning that it has acquired Prime Visibility , a New York-based digital marketing agency. Financial details of the acquisition were not announced. Wpromote, which is led by Mike Mothner, said the buy brings its staff to over 330 employees. The acquisition will also help it establish an East Coast presence and expand offerings into new industries, according to the company.
socalTECH
APRIL 3, 2017
A new report, issued by Silicon Valley Bank over the last week, has found that Southern California startups are far more focused on being acquired than on IPOs, and also on making profits, compared with most startups. The SoCal Startup Outlook compared the responses of entrepeneurs from San Luis Obispo to San Diego, versus the views of a total of nearly 950 entrepreneurs across the U.S., U.K., and China.
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