Thu.Jul 18, 2019

Hire for your core. Partner for the rest.


A trend for businesses large and small. There is a major trend shaping up that is worldwide, already identified by hundreds of thousands of startup and small business CEO’s.

Video Interview: Scott Alderton, Stubbs Alderton Preccelerator


For today's video interview, we talked with Scott Alderton , of Stubbs, Alderton, and Markiles LLP, about the firm's startup incubator, the Preccelerator. Stubbs Alderton is a longtime supporter and sponsor of socaltech!).

Silicon Beach Report July 18: There’s a New Podcast Studio in Town

L.A. Business Journal

KPCC creates podcast venture; Hulu to carry NASA programs; Netflix pushes mobile in India

Techstars Starburst Space Accelerator Debuts First Class


The Techstars Starburst Space Accelerator , the new, space-themed startup accelerator run by Techstars in Los Angeles, has announced its inagural class, naming ten companies that will participate over the next three months in its startup accelerator program. The startup accelerator is being supported by NASA's Jet Propulsion Laboratory, Lockheed Martin, Maxar Technologies, SAIC, Israel Aerospace Industries North America, and the U.S. Air Force, with support from The Aerospace Corporation.

Class 122

Genmab, Mirum Pharma & Fulcrum Raise $653M in Wall Street Debuts


Initial public offerings took a brief summer break the week of Independence Day, but healthcare IPO activity resumed this week as three more companies joined the US public markets. Here’s a recap of the biotech companies that priced IPOs Wednesday evening. —Genmab is different from the other life science companies that joined the public markets this week.

SimpliPhi Aims Energy Storage Products At Power Shutoff Areas


Oxnard-based SimpliPhi Power , a manufacturer of Lithium Ferro Phosphate (LFP) batteries, says that it is ramping up its manufacturing efforts, and providing discounts to consumers in California who are being affected by wildfire "Public Safety Power Shutoffs". According to the manufacturer, its is increasing storage capacity of its units to 3.8 kWh and 2.9

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Cornerstone Links With Sales Training Firm


Santa Monica-based Cornerstone OnDemand , which provides cloud-based learning and talent management tools, has linked up with a sales training company, Sandler Training, on a new sales training subscription, the two said today. According to the companies, the link will help companies build and hone their sales skills with short, digestible e-learning content. Financial details of the partnership were not announced.

Kumquat Biosciences Finds $47.0M


San Diego-based Kumquat Biosciences , a new, stealth-mode biotechnology startup, has raised $47.0M in what appears to be the company's first funding round, with a target of $55M for the equity funding, according to a regulatory filing from the firm this week. No details on the funding have been announced by the company, which appears to not yet have a website. The company lists its CEO as Yi Liu, who is the Chief Scientific Officer for Wellspring Scientific.