Fri.Jan 14, 2022

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7 Startup Partner Pairings That You Are Apt To Regret

Startup Professionals Musings

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. This would be a mistake, and could easily cost you your startup.

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Insightful Science Acquires Omiq

socalTECH

San Diego-based Insightful Science, a developer of scientific discovery software, said this week that it has acquired OMIQ, a provider of software-as-a-service for high dimensional flow cytometry. Financial details of the acquisition were not announced. According to Insightful Science, the addition of OMIQ will expand its offerings in flow cytometry software solutions.

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Virgin Orbit Has Another Successful Launch

socalTECH

Mojave-based space launch provider Virgin Orbit successfully launched a new batch of satellites into space, using its unique rocket-launched-from-a-747 system. Virgin Orbit said it launched 7 customer satellites on its mission on Thursday, using its LauncherOne rocket. The launch was from off the Southern California coast, about 50 miles south of Channel Islands National Park.

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March Capital Backs Gr4vy

socalTECH

Santa Monica-based March Capital is the lead investor in San Mateo-based Gr4vy, a developer of cloud-based payments orchestration software. According to Gr4y, it raised $15M in a Series A funding, which was led by March Capital, and also included Nyca Partners, Activant Capital and Plug and Play Ventures. March Capital's investment was led by Solomon Hailu.

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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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ICEYE Launches Satellite Into Space

socalTECH

Irvine-based ICEYE, which develops synthetic aperture radar (SAR) satellites, says it has launched two new satellites into orbit. According to ICEYE, the satellites were launched on the the recent SpaceX Transporter-3 smallsat rideshare mission. ICEYE said the two satellites are its fifteeth and sixteeth satellites it has launched into orbit. ICEYE's satellites are aimed at use in insurance, natural catastrophe response and recovery, national security, defense, humanitarian relief and climate ch

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IDrive Adds Linux Backup Support

socalTECH

Los Angeles-based cloud storage provider IDrive said this week that it has added cloud backup support for Linux machines on its IDrive 360 product. The company said the support allows IT admins to schedule and automate backups for all of their organizational Linux data into a single account through a unified web console. The product is aimed at businesses, and starts at $29.50 per year per computer.

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