Mon.Aug 15, 2016

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Arena Pharmaceuticals Names Business Head

socalTECH

San Diego-based Arena Pharmaceuticals announced this morning that it has named Vincent Aurentz as its new Executive Vice President and Chief Business Officer. The developer of small molecule drugs, with potential treatments for ulcerative colitis, Crohn's disease, and pulmonary arterial hypertension, said Aurentz joins from Epirus Biopharmaceuticals, where he was Chief Business Officer.

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Silicon Beach Report Aug. 15: Snapchat to Acquire Search Engine App Vurb for $100M

L.A. Business Journal

Snapchat to acquire search engine app Vurb for $100 million, three L.A. companies bidding for Gawker Media, FireFly Games Raise $10 million, and more.

Snapchat 122
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Clearlake Capital Sells NetMotion Wireless

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has sold Netmotion Wireless , a developer of mobile security software, to The Carlyle Group. Financial terms of the sale was not announced. Clearlake Capital acquired NetMotion Wireless back in 2012. NetMotion Wireless develops mobile security software for mobile devices, and was based in Seattle.

Capital 109
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Design Mornings - Design Thinking for Sustainability

SoCal Tech Calendar

Friday, August 19, 2016 -- Design Mornings - Design Thinking for Sustainability. General Assembly. Experience the magic of the design thinking process as we re-design sustainability in LA. You will learn about and practice the different phases of Design Thinking, including: - Inspiration - gaining empathy and understanding the needs and pain points of your customers - Ideation - developing a range of ideas on how to create a solution to meet the needs of your customers - Prototyping - tools and

Design 100
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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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Syncromatics Buys Mobilitat

socalTECH

Los Angeles-based Syncromatics , a developer of transportation tracking and dispatch software, said this morning that it has acquired Mobilitat , a developer of dispatch and scheduling software for the public transportation market. Financial terms of the acquisition were not disclosed. Mobilitat was based in Wyoming, where it will continue to have offices.

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Female Entrepreneurs Panel: Ask Us Anything

SoCal Tech Calendar

Tuesday, August 16, 2016 -- Female Entrepreneurs Panel: Ask Us Anything. General Assembly. Join us for an evening of networking, libations and good conversation with a panel of women sharing their stories of trials, tribulations and success in their endeavors. These creative and talented women will share their stories about getting started and breaking into their respective industries, in a conversation led by our panel moderator.

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TEDxSantaBarbara - What If.

SoCal Tech Calendar

Saturday, August 20, 2016 -- TEDxSantaBarbara. Must apply to attend. See https://tedxsantabarbara.com/.

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SpaceX Succesfully Launches, Recovers Another Rocket

socalTECH

Hawthorne-based SpaceX has sent another commercial communications satellite to space, and successfully landed another Falcon 9 first stage on a drone ship on Sunday, adding to the company's growing list of successful missions to space. SpaceX launched its JCSAT-16 mission from Cape Canaveral at 1:26AM EDT on Sunday, August 14th, delivering a commercial communications satellite for SKY Perfect JSAT Corporation, to a Geostationary Transfer Orbit (GTO).

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8 Insights For Millennials To Excel As Entrepreneurs

Startup Professionals Musings

As an advisor to startups and an angel investor, I encounter many Millennials as entrepreneurs who are leaders and great role-models for the rest of us in business. Unfortunately there are still others who have great ideas and passion, but seem to have a very naïve understanding or acceptance of what it takes to get ahead of the crowd and succeed in business.

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Three LA Companies Pursuing Gawker Media

socalTECH

Three, Los Angeles area media companies-- Univision , Ziff Davis (a unit of J2 Global) and Penske Media --have all been named as possible bidders on bankrupt, Silicon Valley publication Gawker Media , according to reports today, which say Ziff Davis has submitted a $90M bid for the company. Gawker--which was sent into bankruptcy by an invasion-of-privacy lawsuit by Hulk Hogan, which was funded by Silicon Valley billionaire Peter Thiel--started taking bankruptcy bids this morning.

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Firefly Games Gets $10M

socalTECH

Los Angeles- and Shanghai-based Firefly Games , a mobile gaming startup which is porting Asian titles into the U.S., has raised $10M more in funding, the company disclosed last week. The funding came from Skyocean International Holdings, Ceyuan Ventures, and GuangZhou WinHi. Firefly Games is led by Michael Zhang. The funding reportly values the company at $100M.