Mon.Mar 15, 2021

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These 4 Programs Fuel SpaceX’s Ambitions

L.A. Business Journal

It has been nearly 20 years since Space Exploration Technologies Corp. was founded with the relatively humble goal of bringing down the cost of launching small satellites into orbit.

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7 Ways to Convince Other People To Take A Risk On You

Startup Professionals Musings

As a member of an angel investment group for years, I’m sometimes surprised to see founders with a good technical business case get rejected for funding, while others seem to have a hidden quality that gives them credibility to be fundable despite some missing elements. Investors often chalk this up to inbred charisma or charm, but I’ve often wondered if could be a learned skill.

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MediaAlpha Brings Innovation to Staid Insurance Industry

L.A. Business Journal

MediaAlpha Inc., which generates customer acquisition leads for insurance carriers through a digital platform, is far from a typical tech startup.

Platform 246
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Musk Gives Himself A New Title: Technoking

socalTECH

Elon Musk, the billionaire head of Hawthorne-based SpaceX, as well as electric car maker Tesla Motors, has given himself the new title of "Technoking of Tesla", according to regulatory filngs from Tesla this morning. The filings also re-titled Tesla's financial chief, Zacahary Kirkhorn, as "Master of Coin". It's unclear if Musk has changed his title at SpaceX.

SpaceX 113
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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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NuOrder Raises $45 Million for Wholesale Ecommerce Platform

L.A. Business Journal

NuOrder Inc., the Century City-based developer of a wholesale ecommerce platform for brands and retailers, announced March 10 that it had raised $45 million in a new round of funding.

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Relativity Space Gets DoD Launch Contract

socalTECH

Los Angeles-based Relativity Space reports that has been awarded its first ever, orbital launch contract, from the U.S. Department of Defense (DoD). Size of the launch contract was not announced, however, Relativity Space said the contract was awarded as a Space and Missile Systems Center (SMC) Launch Enterprise follow-up effort to the DoD Space Test Program (STP) Rapid Agile Launch Initiative (RALI), as part of an effort to identify capable commercial solutions for low-cost, responsive access t

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Longboard Pharmaceuticals Raises $80M In IPO

socalTECH

San Diego-based Longboard Pharmaceuticals, which is developing medicines for neurological diseases, raised $80M in its IPO last week, selling 5,000,000 shares of its common stock at a price of $16.00 per share. The company is now trading on the Nasdaq Global Market as LBPH. Longboard Pharmaceuticals was spun out of Arena Pharmaceuticals in January of 2020, focused on advancing a portfolio of centrally acting product candidates designed to be highly selective for specific G protein-coupled recept

San Diego 113
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NuOrder Raises $45 Million for Wholesale Ecommerce Platform

L.A. Business Journal

NuOrder Inc., the Century City-based developer of a wholesale ecommerce platform for brands and retailers, announced March 10 that it had raised $45 million in a new round of funding.

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Doodeo Launches Virtual DJ Booking, Livestreaming Service

socalTECH

A new, Los Angeles-based startup Doodeo, says it has launched a new service which allows users to book a DJ from anywhere in the world. The company says it is launching a new livestreaming service, which both allows entertainers to host online concerts, as well as allow for things like booking a DJ. The company, led by CEO Rony Hage, said its platform will allow entertainers to host online concerts and fundraisers through its platform, while producing an income through a virtual audience.

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Heal Names New CEO

L.A. Business Journal

Sawtelle-based health care technology company Get Heal Inc., doing business as Heal, announced March 3 that co-founder and Chief Executive Nick Desai had stepped down.

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Faraday Future Completes Winter Testing

socalTECH

Los Angeles-based electric vehicle developer Faraday Future says that it has just completed winter testing of its FF 91 vehicle. According to Faraday Future, the FF 91--its first production vehicle--has completed testing activities in Michigan and Minnesota, to validate stability control, ABS, traction, torque vectoring, four wheel steering, and electric propulsion controls, among other systems.

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Super League Acquires Mobcrush Streaming

L.A. Business Journal

The Santa Monica-based amateur esports broadcaster says the merger will help it reach 85 million monthly viewers.

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TrueCar Makes Donation To Disabled Veteran Group

socalTECH

Santa Monica-based TrueCar says it has donated $11,000 to Disabled American Veterans, and will provide $2,500 each to four winning dealerships for donation to the nonprofit of their choice. The company said the donations were part of an promotion where it promised to donate $100, up to $11,000 to Disabled American Veterans for meeting set up with the company with dealers at the NADA (National Automobile Dealers Association) show this year.

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MediaAlpha Brings Innovation to Staid Insurance Industry

L.A. Business Journal

MediaAlpha Inc. is far from a typical tech startup.

Startup 130
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AxleHire Plans Zero Emissions Delivery In Santa Monica

socalTECH

A last-mile delivery company, AxleHire, says it plans to start offering up zero emissions delivery in Santa Monica, as part of Santa Monica's effort to create a voluntary zero emissions delivery zone in the city. According to AxleHire, the Los Angeles Cleantech Incubator (LACI) worked with AxleHire, LA County, LA Metro, ROUSH CleanTech, Nissan Motor Corporation, Shopify, and others to develop the voluntary zero emissions delivery zone in the commercial activity fcore of Santa Monica.

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Dense Wavelength Division Multiplexing; How organizations benefit from fiber networks’ capabilities

Southern California Edison Blog

Organizations leveraging fiber optic networks have access to Dense Wavelength Division Multiplexing (DWDM) capabilities, which essentially divides fiber cable bandwidth into multiple, smaller channels, which increases bandwidth. This technology is extremely useful for enterprises, schools, and government agencies looking to increase data transmission capacity and speeds while getting the most value for their investment. .