socalTECH

MARCH 29, 2019

MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Size of the fund was not announced. The fund--led by Carmen Palafox, Noramay Cadena, and Shaun Arora--says it has so far made investments into 16 companies since 2015.

Capital 191

Capital Funding Startup Venture Capital 191

Xconomy

MARCH 29, 2019

What does it take for a tech startup to be considered “cool?” In the eyes of the San Diego Venture Group, the key element is readiness for venture capital backing. It’s through that lens that the nonprofit organization, whose mission is to connect local startups with venture capitalists who are looking to invest, annually vets tech companies that apply for its “Cool Companies” program.

San Diego 104

San Diego Company Companies Startup 104

socalTECH

MARCH 29, 2019

Los Angeles-based XPRIZE , the nonprofit which manages and operates competitions intended to spur significant advances in technology, says it has rolled out a new, $1 million award, which it calls the Moonshot Award. According to the Foundation, the award will go to an XPRIZE team demonstrating the achievement of a "moonshot" technological feat--even outside the parameters or timeframes of an XPRIZE competition.

Google 145

Google Competition Los Angeles Technology 145

Startup Professionals Musings

MARCH 29, 2019

Image via Max Pixel Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree. In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Yet I find the people building teams are usually product experts, often with no experience in team building.

Training 73

Training Case Study Resource Statistics 73

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.

Company

socalTECH

MARCH 29, 2019

Santa Ana-based videogame developer Blind Squirrel Entertainment , which develops such titles as Xcom 2, The Sims 4, Prey, Bioshock, and others, said on Thursday that it has named Steve Sardegna as the company's new Chief Financial Officer. Sardegna had previously served as Executive Vice President, Chief Financial Officer and Co-founder for fifteen years at Foundation 9 Entertainment, and also served at such companies at Vulcan Programming, Virgin Interactive Entertainment, and KPMG.

Entertainment 113

Entertainment Develop Development Company 113

Xconomy

MARCH 29, 2019

A week after the failure of Biogen’s Alzheimer’s drug aducanumab , the ripple effects are still being felt—and not just by Biogen, which lost billions of dollars in market value in a flash. We’ll kick off this week’s roundup with the aducanumab reaction, which includes plenty of thoughts about the future of the so-called “amyloid hypothesis” and what’s next for another Biogen Alzheimer’s drug that has had mixed results.

News 67

News Marketing San Diego Company 67

socalTECH

MARCH 29, 2019

Huntington Beach-based rocket developer Rocket Lab , which has developed a rocekt specifically for launching small satellite payloads into space, had a successful launch on Thursday, sending a payload for DARPA into orbit. According to Rocket Lab, the R3D2 mission successfully launched form its launch complex in New Zealand at 23:27 UTC, on its Electron rocket.

Design 113

Design Develop Development 113