Fri.Jan 24, 2020

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Los Angeles-based CREXi raises $29 million for its online real estate marketplace

TechCrunch LA

Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi , the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers, and investors.

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Is AECOM on the Block?

L.A. Business Journal

Century City-based engineering giant AECOM reportedly has been in possible buyout talks with Montreal-based engineering services firm WSP Global Inc.

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CREXi Collects $29M More For Commercial Real Estate Marketplace

socalTECH

Los Angeles-based CREXi says it has raised $29M more in a funding round, which came from Mitsubishi Estate Company, Industry Ventures, Prudence Holdings, plus Lerer Hippeau Ventures and Jackson Square Ventures, the company said on Friday. The company operates a commercial real estate marketplace, and is led by CEO Mike DiGiorgio. Crexi previously also raised funding from Manifest Investment Partners, Freestyle Capital, and TenOneTen Ventures, but it's unclear if those firms participated in this

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MedMen Exec Revamps Ops

L.A. Business Journal

Just over a year into his tenure at the cannabis retailer, Lissack has become a linchpin at the company, overseeing multiple areas of the business.

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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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Report: Broadcom Mulls Sales Of Radio Frequency Chip Business

socalTECH

Broadcom is reportedly looking to sell its radio frequency chips business--which has significant operations in Orange County--to either Qorvo or Skyworks Solutions, according to a report on Friday from Bloomberg. The report says the deal could be worth a much as $10 billion. Broadcom's RF chips are used in mobile phones and elsewhere. The company just announced a $15 billion deal to supply its RF chips to Apple for its iPhones on Thursday.

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Gaining Momentum

L.A. Business Journal

L.A. tech companies experienced a flurry of mergers and acquisitions in late 2019, and that momentum is expected to continue in the coming months.

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7 Lessons For Mobile App Developers To Beat The Odds

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. According to Tim Cook at Apple, there were over 20 million registered developers in 2018. Yet according to other statistics, vanishing few of these ever generate a significant profit.

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AeroVironment Names New CFO

socalTECH

Simi Valley-based Aerovironment , which develops unmanned drones for the military, has named Kevin McDonnell as Senior Vice President and Chief Financial Officer, the company said late Thursday. McDonnell was most recently Chief Financial Officer of JAMS, Inc., and previously served at Teradata Corporation and was also CFO of Digital Insight. Aerovironment said that its interim Chief Financial Officer, Brian Shackley, will remain as Vice President and Controller.

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Growth Capital Conference

SoCal Tech Calendar

Thursday, January 30, 2020 -- Growth Capital Conference. Pitch to and Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp! See [link].

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Reveleer Finds New Funding

socalTECH

Glendale-based Reveleer , a developer of cloud-based software used for managing medical data, has raised a Series C found of financing, the company said this week. The company said the funding was led by Boston Millenia Partners, and also included existing investor Upfront Ventures. Reveleer provides its software to healthcare payers, such as health plans and Managed Care Organizations (MCOs), helping them to manage their risk quality and quality improvement programs.

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Pitch and Learn With Investors

SoCal Tech Calendar

Thursday, January 30, 2020 --.

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Bio Roundup: Coronavirus Concerns, Sarepta’s CRL, Eye Drug OK’d & More

Xconomy

Company news slowed somewhat this week, perhaps as some took the federal Martin Luther King Jr. Day holiday away from the office and others recovered from back-to-back meetings and late nights at the JP Morgan Healthcare Conference. However, a new coronavirus believed to stem from Wuhan, China, captured the attention of the world healthcare community.

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Pitch and Learn With Investors

SoCal Tech Calendar

Thursday, January 30, 2020 --.

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