socalTECH
APRIL 5, 2017
Diamond Bar-based LifeRay (www.liferay.com) is a company that not too many people have heard of, but which is used to run the websites for such well known organizations like Toyota, T-Mobile, Coach, Fujitsu, Allianz, and Sesame Street. And, even more impressively, it's now seeing more than $100M in annual revenues--without ever having taken any institutional or venture capital.
L.A. Business Journal
APRIL 5, 2017
SpaceX gains substantial cost savings from reused Falcon 9, TaskUs moves headquarters to Santa Monica Airport, and Enthusiast Network launches Motor Trend streaming video in UK and Europe.
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socalTECH
APRIL 5, 2017
Santa Monica-based business process outsourcing provider TaskUs , which has been one of Southern California's fastest growing, tech related companies in the last few years, said on Wednesday that it is moving its headquarters to a space at the Santa Monica airport. The company said it is moving into a new, 6,193 square foot space--formerly, the restaurant Typhoon--where it expects to move in October.
Startup Professionals Musings
APRIL 5, 2017
Even small business have a global reach these days, thanks to the Internet. Thus every entrepreneur and business owner needs to see their market in that context, understanding the global forces that will impact them sooner or later. This impact can be positive, as a huge untapped opportunity, or negative as a global competitor invades your local space.
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.
socalTECH
APRIL 5, 2017
Irvine-based Endologix , a publicly traded developer of treatments for aortic disorders, has received a $170M credit facility, the company said late Tuesday. Endologix said the credit facility deal was with Deerfield Management, who has agreed to provide the company with up to $170M in funding. The funding is split between a $120M, six year secured term loan and a $50M, three year secured asset-based revolving line of credit.
Xconomy
APRIL 5, 2017
In what passes for a short hearing these days in Washington, DC, the Trump White House’s pick to run the Food and Drug Administration, Scott Gottlieb, spent less than three hours fielding questions from a Senate committee Wednesday morning. Amid predictable splits between Republican praise for his past industry experience and Democrat fire over potential conflicts that stem from his private industry investments and consulting work, Gottlieb took very public issue with one of President Dona
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
APRIL 5, 2017
As bacteria develop resistance to older antibiotics, doctors are clamoring for new options that work on these drug- resistant strains. Zavante Therapeutics has been researching one drug as a possible alternative and, with results from a key clinical trial now in hand, the company is preparing to file for FDA approval early next year. San Diego-based Zavante developed its drug fosfomycin (Zolyd) to treat complicated urinary tract infections.
socalTECH
APRIL 5, 2017
San Diego-based Viracta Therapeutics , a developer of treatments for cancer caused by Epstein-Barr Virus (EBV) and other viral diseases, has raised $18.4M from Culver City-based NantKwest , one of the biotech firms led by billionaire Dr. Patrick Soon-Shiong. The two said the Series B Preferred financing round also included Wicklow Capital, with Latterell Venture Partners and Forward Ventures also participating.
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