Tue.Jun 09, 2020

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Fralock Acquires Career Technologies USA

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Valencia-based Fralock , which designs and manufactures specialty components for the aerospace, electronics, industrial life science, medical, satellite, and semiconductor equipment manufacturing industries, has acquired Chatsworth-based Career Technologies USA READ MORE>>.

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Grow Credit Gets $2M In Seed Funding

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Santa Monica-based Grow Credit , a startup which helps people establish credit by paying for subscriptions to services such as Netflix, Disney Plus, and Spotify, has raised $2M in a seed funding round, the company said on Tuesday. The funding came from Mucker Labs. The startup, led by Joe Bayen, has a virtual Mastercard which lets users pay for services and establish a credit record using those payments.

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Los Angeles Sued By ACLU Over Scooter Tracking

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On-demand scooter companies in the City of Los Angeles have gained a new ally in their efforts to keep the data about their scooters private, after the American Civil Liberties Union (ACLU) sued the Los Angeles Department of Transportation (LADOT) over its collection of anonymized electric scooter data. According to the complaint filed by the ACLU , the ACLU says that the collection of trip data by Los Angeles is "violation of their right to be free from unreasonable searches and seizures in con

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Vacos Launches AI Powered Security Camera

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City of Industry-based Vacos announced last week that it has launched a new, artificial intelligence (AI) powered video camera, which it says is now available in the US, UK, Germany, France, Italy, Spain, and the Netherlands. The company said the camera is aimed at smart home applications, and is battery powered. The company said the new camera features WiFi, a spotlight, and "siren alarms", and was funded through campaigns on Indiegogo and Kickstarter back in November of 2019.

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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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Versant Ventures Launches New Company, Lycia Therapeutics, With $50M

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San Diego-based venture investor Versant Ventures has launched a brand new company out of its Inception Discovery Engine incubator in San Diego, saying this morning it has invested $50M in Lycia Therapeutics. According to Versant Ventures, Lycia Therapeutics will use the funding to develop lysosomal targeting chimeras, or LYTACs, as therapeutics for a broad set of currently intractable cell surface targets.

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Flowly Launches Virtual Reality, Relaxation App

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Los Angeles-based Flowly , a startup developing mobile apps to help manage chronic pain and anxiety, said today that it has launched a new app to help people relax using virtual reality. According to the company, its app offers up "beautiful and peaceful virtual reality and 360 degree worlds" which are tied into biofeedback for relaxation training. The company said that either a user's phone or a VR headset can be used to monitor and adjust how they breathe, focus, and learn how to better regula

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