socalTECH

JUNE 5, 2018

Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M. As part of the acquisitoin, Webasto will also hire all of Aerovironment's EES employees.

Monrovia 153

Monrovia Company Companies Help 153

L.A. Business Journal

JUNE 5, 2018

East Coast accelerator brings program to Los Angeles; cryptocurrency company aims to reduce ICO fraud; Elon Musk’s tunnels approved in Hawthorne

Hawthorne 167

Hawthorne Los Angeles Report Angel 167

socalTECH

JUNE 5, 2018

Getty Images has launched a new, custom content service in Los Angeles, called Getty STUDIO. According to Getty Images, STUDIO will be a "full-service production agency" and provide services to brands. Getty Images said the new unit will provide video, event photography, social-first content, commercial assignments, portrait studios, talent integration, media partnerships, full service production, immersive media, worldwide distribution, content strategy and visual intelligence.

Content 133

Content Media Los Angeles Services 133

L.A. Business Journal

JUNE 5, 2018

A holographic advertising display, powered by Chatsworth-based Provision Interactive Technologies Inc., will be available on Coinstar LLC’s coin-counting kiosks in most Giant Eagle supermarkets, Coinstar announced Tuesday.

Chatsworth 100

Chatsworth Advertising Technology 100

Advertiser: Aggregage

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.

Company

socalTECH

JUNE 5, 2018

Santa Monica-based Bird appears to filling its war chest for a massive battle with San Francisco-based competitor Lime , and is looking to raise $200M in funding, according to regulatory filings by the company this week. The news comes as Lime apparently is raising $250M of its own, led by GV (formerly Google Ventures). The two are in the rapidly expanding fight for the streets, as they deploy on-demand, electric scooters which users can unlock and use with their smartphone, for "last mile" tran

Santa Monica 133

Santa Monica News Google Demand 133

Xconomy

JUNE 5, 2018

The American Society of Clinical Oncology annual meeting, the world’s largest cancer conference, wraps up today in Chicago. Investors have dissected the data, picked winners and losers, and sent some biotech stocks soaring and others tumbling. In the days before ASCO, Xconomy previewed two major themes: the feverish and flawed race to develop cancer immunotherapy combinations , and the progress of “tissue agnostic” cancer drugs , the advanced guard of precision medicine.

Conference 59

Conference News Develop Development 59

socalTECH

JUNE 5, 2018

Paycom Software , a publicly traded developer of cloud-based human capital management software, has opened up a new office in San Diego, the company said on Monday afternoon. According to Paycom, the office will be its seventh in California, including locations in Sacramento and Pasadena, and its fourth in Southern California. Paycom, which is based in Oklahoma, develops payroll and human resources software used for everything from recruiting to retirement.

San Diego 100

San Diego Sales Software Southern California 100

socalTECH

JUNE 5, 2018

Fountain Valley-based D-Link said this morning that it has rolled out a new generation of its Wi-Fi mesh networking products, its Covr whole home Wi-Fi product. According to D-Link, it has rolled out a 3-pack Dual-Band Whole Home Wi-Fi System (COVR-C1203), which allows its customers to "blanket every square inch" of a home with Wi-Fi coverage. The new system uses what is called "mesh networking"--multiple devices which send traffic to each other--to overcome limitations in Wi-Fi coverage, whethe

Networking 100

Networking Custom Customer Product 100

socalTECH

JUNE 5, 2018

Santa Monica-based ICO Watchdog , a service developed by startup studio Science Inc., has rolle dout several new products for helping to vet cryptocurrency initial coin offerings (ICOs). According to ICO Watchdog, it has launched TokenGrade, an audit service that allows token creators to submit their whitepaper plans and smart contract source code for inspection by crypto experts, and ScamWatch, a service which rewards users for flagging and reporting ICO fraud.

Dollar Shave Club 100

Dollar Shave Club Tool Santa Monica Outsource Development 100

socalTECH

JUNE 5, 2018

San Diego-based Raken , a startup developing mobile software to manage construction projects, has raised $10M in a Series A funding round. The funding was led by U.S. Venture Partners, and also included Tao Capital Partners, plus earlier investors Eniac Ventures, Rincon Venture Partners and Spider Capital. the startup, led by CEO and founder Kyle Slager, develops software which is used for construction workflow management, handling such tasks as daily reporting, time tracking, and safety managem

Seed Funding 100

Seed Funding San Diego Mobile Software 100