Tue.Jan 09, 2018

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Report: Super-Secret SpaceX Payload, Zuma, A Total Loss

socalTECH

A report in the Wall Street Journal this morning says that the highly secret rocket mission launched by Los Angeles-based SpaceX on Sunday was presumed to be a total loss, and failed to reach orbit. According to that report, Zuma the billion dollar spy satellite plummeted back into the atmosphere after failure to separate from the second stage of the SpaceX Falcon.

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Silicon Beach Report Jan. 9: Tesla Hits the Roof; NASA to Collect Earth Science Data; and Eastman Kodak Gets Into Cryptocurrency

L.A. Business Journal

Electric car company Tesla has begun to install its first solar roof tiles for customers who placed reservations beginning last May. NASA has a new pilot program to gather Earth science data. And Eastman Kodak is introducing its own digital currency as part of the launch of a platform for photographers looking to license their photos.

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j2 Global Names Three Execs

socalTECH

Los Angeles-based j2 Global has named three new execuives, the company said Monday afternoon. According to j2, it has named Harmeet Singh as President of Cloud Services; Steve Horowitz as President of Ziff Davis; and Joey Fortuna as Chief Technology Officer. Singh has been at j2 since 2013, and prior to that was at SingerLewak LLP. Horowitz has been at Ziff Davis since 2010, and previously served at Bankrate, AOL, and Yahoo.

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Girls in STEM and Cyber Security Among Top Startups at Eureka Park 2018

Tech.Co

In a study by the US Department of Commerce , women in STEM jobs earn 33 percent more money than women in non-STEM positions. With computer science jobs predicted to increase by 22 percent by 2020 according to the U.S. Bureau of Labor Statistics (BLS) , where are these women to fill these positions? In a report by the National Student Clearinghouse only 18 percent of women graduated with a science degree in 2014.

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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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REX Raises $15M Funding

socalTECH

Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. According to REX, the funding included investments from Scott McNealy, co-founder and former chief executive officer, Sun Microsystems; Dick Schulze, founder, Best Buy; Gordon Segal, founder, Crate and Barrel; Amit Singhal, former senior vice president of search, Google; Jack Greenberg, former chief executive officer, McDonalds; and others

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Clean Water Wins at CES Startup Night 2018

Tech.Co

On the eve of the highly anticipated CES 2018, a crowd of tech enthusiasts packed the Gold Spike Hotel in Downtown Las Vegas Fremont District to enjoy signature cocktails and networking opportunities, while listening to fifteen of the top startups from Eureka Park pitch as they competed to be the CES Startup Night winner, which came with a grand prize of a ticket into the Top 100 Startup of the Year Semifinalists at Innovate Celebrate 2018.

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After Boom Years, Starburst and Podium May Signal Big Data’s Future

Xconomy

It seems like ancient history now, but “big data” was once a hot field with startups, investors, and big companies all buzzing with hype. Then the tech industry moved on, and marketers crowned data science and machine learning the Next Big Things (at least until blockchain takes over). Of course, big data never really went away—though many companies did.

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ObEN Finds $10M More For Avatar Technology

socalTECH

Pasadena-based ObEN , which is developing intelligence avatar technology which allows users to create highly realistic avatars for use in augmented reality and virtual reality environments, has raised $10M more in funding, the company said this morning. The funding came from K11. According to ObEN, the new funding brings its total raised to more than $23.7M.

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Beyond the Demo: 2018 Could Be Year for Longer, Profitable VR Content

Xconomy

René Pinnell says he and his wife Selena Pinnell were “blown away” by the virtual reality projects their friends were creating in 2014, so they looked for an entrepreneurial niche that would allow them to support such artists. That year the couple, both trained in design, founded a startup in San Francisco, then called KaleidoscopeVR. Its first mission was to launch a Bay Area VR festival to showcase works in the new immersive art forms.

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Yardi Wins Customer In The UK

socalTECH

Santa Barbara-based property management software developer Yardi said it has signed up a customer in the UK. According to Yardi, it has been selected by Westcourt Group, a regional property development company based in the town of Harrogate North Yorkshire. Financial details of the win were not announced. READ MORE>>.

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SD Venture Funding Tops $1.9B in 2017; and Q4 Top 10 Deals

Xconomy

Venture capital activity ended the year with a strong finish in San Diego, as investors poured $498.4 million into 61 companies during the last three months of 2017, according to Venture Monitor data released Tuesday. The strength of fourth-quarter deals, lifted by a $125 million financing in November for the molecular diagnostics company Progenity, brought total venture investments in San Diego to nearly $1.92 billion in 215 deals last year.

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ShadeCraft Opens Preorders For Robotic Sun Shade

socalTECH

Los Angeles-based ShadeCraft says it has begun taking preorders for its "robotic shade", which automatically tracks the sun and keeps consumers shaded while sitting outdoors. The startup, founded by CEO Armen Gharabegian, says it uses "Internet of Things (IoT) through artificial intelligence (AI) integration and voice activation features" in its product.

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ViaSat Enters Beta On Commercial Satellite Broadband Service

socalTECH

Carlsbad-based Viasat said on Tuesday that it has started beta service on its ViaSat-2 satellite, and plans full commercial launch in February. According to ViaSat, it has already demonstrated speeds over over 100 Mbps to production consumer terminals on the service, which serves North America, Central America, the Caribbean, a portion of northern South America, as well as the primary aeronautical and maritime routes across the Atlantic Ocean between North America and Europe.

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