Wed.Apr 28, 2021

6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail.

PacketFabric Launches Cloud Router

socalTECH

Culver City-based network products developer PacketFabric say it has released a new, "cloud router" product, which supports connecting multiple, 100Gbps cloud services, such as Amazon Web Services and Google Cloud. Pricing on the new product was not announced. PacketFabric's product helps companies move data at high speed between cloud providers.

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EV Connect Expands Efforts In California

socalTECH

Los Angeles-based EV Connect, which operates a network of electric vehicle charging stations, says it is continuing to expand its efforts in California. According to the company, it is once again part of the Southern California Edison Charge Ready program, a $436M effort which is focused on accelerating charging infrastructure for multifamily, new construction, and businesses in SCE's territory.

Boundless Bio Picks Up $105M

socalTECH

San Diego-based Boundless Bio, a company developing therapeutics for treating cancer, has raised $105M in its Series B funding, the company said this morning. According to the company, the funding was led by Nextech invest and RA Capital Management, and also included new investors Fidelity Management & Research Company LLC, Redmile Group, Wellington Management, Surveyor Capital, PFM Health Sciences, and Logos Capital, along with existing investors.

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.

Newegg Jumps Into Online Flower Delivery

socalTECH

Los Angeles-based electronics products retailer Newegg has--suprisingly--thrown its hat into the online flower delivery market for Mother's Day, saying it will offer up a way for its customers to send flowers for Mother's Day, after a online flower delivery test earlier this year. The company says it is shipping flowers from a location in Northern California.

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PacketFabric Updates Cloud Router

socalTECH

Culver City-based network products developer PacketFabric say it has updated its "cloud router" product, which supports connecting multiple, 100Gbps cloud services, such as Amazon Web Services and Google Cloud. Pricing on the new product was not announced. PacketFabric's product helps companies move data at high speed between cloud providers.