Berkonomics

APRIL 7, 2016

Here’s a formula for success… Let’s say you have been told by your board, by your chairman, CEO, or direct leader to solve three problems you identify and report back within a month showing progress – or that you have solved these three. First, you’d worry that this is an artificial way to focus management. Why three? Why now? After a short moment, you’d turn into action mode, perhaps calling in senior staff for a brainstorming session.

Metrics 131

Metrics Report Email Sales 131

socalTECH

APRIL 7, 2016

Santa Monica-based Lenny , which develops a mobile lending app targeted at millenials, said it has added Paul Spiller, COO and President at Acorns, as an advisory board member. Acorns is a startup offering up microinvestments from users' spare change, which are aggregated to create diversified investment portfolios. Lenny, which is led by Joe Bayen, says it has underwritten 1,000 credit lines for its users in the last three weeks.

Santa Monica 116

Santa Monica Mobile Invest Startup 116

Frank Addante

APRIL 7, 2016

Great company culture isn’t just about ping pong tables, free lunches, bouncy ball chairs and free gummy bears. In fact, it’s not about that at all. It’s about creating an environment that facilitates and fosters a high performance culture of winning. As CEO of Rubicon Project, a lot of people ask me what defines the culture of our company. It’s not a simple question to answer.

Company 43

Company Companies Class Metrics 43

socalTECH

APRIL 7, 2016

Santa Monica-based Airmap , which operates an airspace mapping service for drone manufacturers, has raised $15M in a funding round, the firm said today. The funding came from General Catalyst Partners, and also included Lux Capital, Social Capital, TenOneTen Ventures, Bullpen Capital and the Pritzker Group. AirMap is led by CEO Ben Marcus, a pilot and air instructor, and already has deals with drone manufacturers DJI and 3DRobotics to incorporate the company's information into their APIs.

Santa Monica 116

Santa Monica Capital Funding Services 116

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

Frank Addante

APRIL 7, 2016

Great company culture isn’t just about ping pong tables, free lunches, bouncy ball chairs and free gummy bears. In fact, it’s not about that at all. It’s about creating an environment that facilitates and fosters a high performance culture of winning. As CEO of Rubicon Project, a lot of people ask me what defines the culture of our company. It’s not a simple question to answer.

Company 40

Company Companies Class Metrics 40

socalTECH

APRIL 7, 2016

Los Angeles-based on-demand, full service self-storage startup Clutter has raised $20M in a Series B funding round, the company said this morning, in a round led by Sequoia Capital. Clutter, which was founded by Ari Mir and Brian Thomas, offers up storage of everything from single items to entire households. In addition to standard storage services, the startup takes photographs of its customers' various items, and provides an online inventory of that stuff.

Demand 116

Demand Los Angeles Funding Startup 116

socalTECH

APRIL 7, 2016

Los Angeles-based online technology retailer Newegg said Wednesday that it has begun using Facebook Messenger for its customer support efforts. According to Newegg, it has begun piloting the use of Facebook Messenger, in addition to its existing support for email, SMS text messaging, phone, and chat for its customers. The company says it is among the first e-commerce vendors to announce support for Facebook Messenger for Business.

NewEgg 109

NewEgg Customer Custom Commerce 109

socalTECH

APRIL 7, 2016

San Diego-based solar power project developer EDF Renewable Energy reported late Wednesday evening that it has signed a power purchase agreement with Southern California Edison , for a 111.2 megawatt solar project in the Mojave Desert. The company said the Valentine Solar Project will deliver clean energy to SCE beginning in December of 2019. The new, photovoltaic energy project is next to an existing EDF RE project, the Catalina Solar 2 Project, which also supplies SCE.

Southern California 109

Southern California San Diego Metrics Report 109

socalTECH

APRIL 7, 2016

Irvine-based Solarflare has filed a patent infringement lawsuit against competitor Exablaze Pty. Ltd. , in the United States District Court for the District of New Jersey. According to Solarflare, which makes high speed networking products, Exablaze has infringed on four of its patents, including patents no. 8,116,312; 8,817,784; 8,645,558; and 9,258,390.

Patents 109

Patents Networking Product 109

socalTECH

APRIL 7, 2016

Thousand Oaks-based Teledyne Technologies announced this morning that it has acquired Frontline Test Equipment, Inc. , a provider of electronic test and measurement instrumentation. Frontline is based in Charlottesville, Virginia. Financial details of the acquisition were not announced. Frontline's electronic test equipment is used for troubleshooting wireless protocols, including Bluetooth, 802.11, and near field communications (NFC), and serves the consumer electronics, semiconductor, telecomm

Thousand Oaks 109

Thousand Oaks Acquisition Technology 109

socalTECH

APRIL 7, 2016

San Luis Obispo-based commercial solar power installer REC Solar , and residential solar power provider Sungevity said today that the two are in a new, strategic partnership, where they will share sales leads with each other. The two specifically will help REC Solar, by pushing commercial sector leads to the company, particularly in the large scale, commercial market.

Sales 109

Sales Help Marketing Customer 109

socalTECH

APRIL 7, 2016

Los Angeles-based Rubicon Project says it has named Harry Patz, Jr. as its new Chief Revenue Officer, and Rob Deichert, Jr., as Head of Global Revenue Organizations. Patz was most recently at Microsoft, heading up a 300 person sales team for Microsoft's Communications Sector, and also had served at Velti. Deichert was most recently Managing Director of North American Operations at Criteo Corporation, and also served at Tribal Fusion, Advertising.com, AOL (Platform-A), Weather Channel, and LivePe

Los Angeles 109

Los Angeles Organization Platform Sales 109

socalTECH

APRIL 7, 2016

In what appears to be an unprecedented surge of Australian companies setting up shop in Southern California's Silicon Beach, a surprising number of Australian startups have set up operations in Southern California over the last year. Australia--known for its own version of the tech industry, also called the Silicon Beach --has at least six companies which have opened up offices across the region in the last year, including: Clapit (www.clapit.com) - social networking and sharing apps.

Southern California 100

Southern California Startup Social Network Networking 100