Wed.Nov 03, 2021

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6 Leadership Skills Every Entrepreneur Must Acquire

Startup Professionals Musings

Starting and building a company is all about leadership – formulating an idea, building a unique plan based on vision and experience, and forging a path over and through all obstacles. Yet the image of leadership in business is at an all-time low, according to national leadership experts, considering the political debacles, recent business scandals, and executive fraud cases.

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Model Medicines Takes $4.1M

socalTECH

San Diego-based Model Medicines, a company that is developing artificial intelligence and machine learning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed. According to the company, it will use the funding to develop its therapeutic pipeline.

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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Although the bulk of the COVID-19 pandemic has passed, lingering effects in the form of ongoing remote work and network usage will continue to influence how telecom operators operate. At the start of the pandemic, reliance on in-home data usage spiked by up to 18 percent compared to pre-pandemic times, and average daily data usage rates exceeded 16.6GB.

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Rivian Nears IPO, Eyes $55 Billion Valuation

socalTECH

Irvine-based electric vehicle maker Rivian is nearing its IPO, saying in a filing this week that it plans to offer up 135 million shares of its stock at between $57 to $62 per share. The company is expected to potentially hit the market next week. The pricing gives Rivian a valuation of as much as $54.6M, with the IPO bringing in as much as $9.6 billion in cpiatl from the company.

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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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Addressing Cyber Security Threats in the Telecom Industry

Southern California Edison Blog

Telecom operators face a variety of security-related vulnerabilities stemming from the overall complexity of their infrastructure, supply chain problems, network misconfigurations, and privacy concerns. To prevent expensive downtime, interrupted service, and stolen data, carriers should identify and address potential network infrastructure vulnerabilities that hackers can exploit.

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SecureAuth Acquires Acceptto

socalTECH

Irvine-based SecureAuth, a developer of identity and access management software, said today that it has acquired Acceptto, a developer of passwordless authentication and behavioral modeling software. Financial terms of the acquisition were not announced. Both companies are involved in the area of "passwordless login" which continually authenticates users based on artificial intelligence software.

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Electrical Grid Monitoring Snags $17.5M

socalTECH

Electrical Grid Monitoring (EGM), an Israeli developer of electric grid monitoring products which has its U.S. headquarters in Los Angeles, says it has raised $17.5M in a funding round. The funding was led by Energy Growth Momentum. According to Electrical Grid Monitoring, it will use the funding to launch its entry into the utility grid modernization market in the US.