Wed.Apr 25, 2018

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TaskUs Names Chief Customer Officer

socalTECH

Los Angeles-based TaskUs , which provides outsourced customer support and other back-end support for technology companies, said today that it has named Jarrod Johnson as Chief Customer Officer. Johnson was previously SVP of Sales at TaskUs, and will be based in the company's Dallas offices. Johnson also had served at ACS and IBM. TaskUs--which has a very significant employee base in the Philippines--also has an on-shore facility in Austin, Texas.

Customer 127
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Silicon Beach Report April 25: Next Trucking to Hire 50 Employees

L.A. Business Journal

Next Trucking to hire 50 employees; RealD inks extension with Cinemark; Bot bill passes next test.

Report 100
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Sonos Files For IPO

socalTECH

Santa Barbara-based Sonos has filed for a confidential IPO, according to a report on Wednesday, which says that Sonos is hoping to go public as soon as June. The report , from the Wall Street Journal, says the IPO will value Sonos at between $2.5 billion and $3.0 billion. Sonos has received backing from such investors as BV Capital, Elevation Partners, Index Ventures, Kohlberg Kravis Roberts & Co., and Redpoint Ventures.

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SMA Day: AveXis Gene Therapy Creeps Forward as Biogen Drug’s Sales Slow

Xconomy

Just a few years ago, there were no drugs available for patients with the rare genetic disease spinal muscular atrophy. Now two cutting-edge therapies look headed for a commercial battle, with each data and revenue update a key moment in the race. Biogen (NASDAQ: BIIB ) was the first to bring an SMA drug to market, the RNA drug nusinersen (Spinraza), a chronic treatment that has shown an ability to help people with multiple forms of the progressive disease.

Sales 74
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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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RealD Extends Deal With Cinemark Until 2022

socalTECH

Beverly Hills-based 3D movie projection technology provider RealD said today with theater exhibitor Cinemark Holdings , that the two have renewed Cinemark's 3D agreement with RealD through 2022. Financial details of the deal were not announced by the two firms, which jointly announced the extension today. The companies said that Cinemark will also be installing RealD 3D systems in all of its new-build theaters during the term.

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Crypto Invest Summit

SoCal Tech Calendar

Tuesday, May 1, 2018 --.

Invest 100

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What President Trump Gets Wrong About Amazon’s Effect on the Economy

Xconomy

For the past week or so, President Trump has been deriding Amazon as a destroyer of jobs and the main reason many retail companies are failing. Unfortunately, this is a very one-sided and uninformed view of how Amazon is changing our economy. I run a retail operation that sells almost exclusively on Amazon. Since its founding in 2013, SupplyKick has generated tens-of-millions of dollars in sales, with our team doubling in size during the last year alone.

Sales 45
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NEXT Trucking, Backed By $21M From Sequoia Capital, Plans Big Hiring Push

socalTECH

Lynwood, California-based NEXT Trucking , which operates an online marketplace which connects carriers to shippers, says it is planning a big hiring push in Southern California, after a big $21M funding round from Sequoia Capital. The startup, led by CEO and Co-founder Lidia Yan, says it plans to double its workforce in Southern California, with a plan to hire more than 50 engineering, sales, operations, and marketing roles this year.

Lynwood 100
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JMI Equity Backs CampusLogic In $55M Funding

socalTECH

JMI Equity , the private equity firm which has one of its main offices in La Jolla, is the lead investor in a round for Phoenix, Arizona-based CampusLogic. CampusLogic, which develops software tools to help streamline the management of student financial aid for schools, said Wednesday morning that it had raised $55M in a funding round from JMI Equity.

Equity 100
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Taoglas Names New VP Of Engineering

socalTECH

San Diego-based Taoglas , which develops antennas for the telematics, automotive and other markets, has named Jeff Shamblin as its new VP of Engineering. Shamblin was previously at Ethertronics, where he had served in such roles as CTO and Chief Scientist. Shamblin had spent 12 years at Ethertronics, but also previously had been at SCS Corp, Claridy Solutions, Lockheed Martin, and Northrop.

San Diego 100
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Origin Code Academy Rolls Out Free Programming Intro Course Online

socalTECH

San Diego-based "code school" Origin Code Academy said this morning that it has rolled out a new, online-only, free course on programming and the basics of writing code. According to the boot camp operator, the free course is aimed at anyone interested in preparing to attend its program, or anyone interested in the basics of coding--to determine if coding is something for them or not.

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