socalTECH

APRIL 20, 2018

Los Angeles-based Saviynt , a developer of identity management software, announced this week that it has raised $40M in a Series A funding round. The funding came from Carrick Capital Partners. Saviynt is led by CEO Amit Saha. According to the company, it will use the new funding round to expand its U.S. and international field operations, to build out its ecosystem of technology and system integration partners, for its product roadmap, and customer service.

Oracle 113

Oracle Los Angeles Acquisition Funding 113

L.A. Business Journal

APRIL 20, 2018

The University of Southern California ranked No. 2 on a list of top 10 universities for video game development programs, according to Sherman Oaks-based 80 Level, an online publication covering the gaming industry.

Sherman Oaks 113

Sherman Oaks Southern California USC Develop 113

socalTECH

APRIL 20, 2018

A report from Bloomberg, published Thursday afternoon, says that San Diego-based Qualcomm is planning to cut its workforce in California by about 1,500. According to the report, the cut is in response to investors pressuring the company to cut its costs by about $1 billion. Qualcomm has about 34,000 employees globally. READ MORE>>.

Report 113

Report San Diego Company Companies 113

L.A. Business Journal

APRIL 20, 2018

Saviynt raises $40 million; Snoops Dogg’s Casa Verde invests in Green Bits; USC earns top-10 spot for video game development programs.

USC 113

USC Report Invest Develop 113

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

APRIL 20, 2018

West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses. Green Bits , which focuses on compliance for cannabis dispensaries and retailers, said it raised $17M in a Series A funding, led by Tiger Global, and also included Snoop Dogg's Casa Verde Capital.

West Hollywood 100

West Hollywood Capital Funding Hollywood 100

SoCal Tech Calendar

APRIL 20, 2018

Thursday, April 26, 2018 -- Network with capital sources: Angels,VCs,High Net Worths,advisors and 100 entrepreneurs seeking capital and counsel.

Capital 100

Capital Conference .Net Networking 100

Xconomy

APRIL 20, 2018

There are few things more universal in wardrobes the world over than blue jeans. But they are also the number one item that is returned by online shoppers, says Rian Buckley, founder and CEO of Fitcode. “Fit is the number one purchase driver and reason to return,” she says. For many of us, the idea that size is a poor indicator of how an item of clothing will fit is not new.

Ideas 78

Ideas Marketing Artificial Inteligence San Diego 78

socalTECH

APRIL 20, 2018

Los Angeles-based H Code Media , which provides digital advertising services for the US Hispanic market, said this week that it has inked a deal with Mexican media company Grupo Milenio. Acording to H Code Media, the deal calls for it to represent 100 percent of the ad inventory for sports website MedioTiempo, as well as Milenio, a major national newspaper in Mexico.

Media 100

Media Advertising Los Angeles Services 100

Xconomy

APRIL 20, 2018

Roughly a year and a half after Tocagen (NASDAQ: TOCA ) named Marty Duvall as CEO, the San Diego biotech said it has signed a deal that gives Beijing-based ApolloBio an exclusive license to its gene therapy treatment for a deadly type of brain cancer. Under terms of the deal, ApolloBio agreed to make a $16 million upfront payment to Tocagen, with another $4 million to come in “near-term” milestone payments.

San Diego 59

San Diego Blogging Funding 59

socalTECH

APRIL 20, 2018

The Los Angeles Business Council and the UCLA Lukin Center for Innovation says that the West Coast region's GDP growth rate "significantly exceeded" that of the rest of the nation--rising 32.1 percent in eight years--even as the region has aggressively moved to use clean and renewable energy and as it has implemented the strictest environmental regulations in the nation.

UCLA 100

UCLA Study Los Angeles Competition 100

Xconomy

APRIL 20, 2018

Biogen will pay Ionis Pharmaceuticals $1 billion to expand their current partnership, doubling down on the RNA drugmaking technology that brought the spinal muscular atrophy drug nusinersen (Spinraza) to market. Ionis (NASDAQ: IONS ) gets $325 million in cash up front in the deal, while Biogen (NASDAQ: BIIB ) will also buy 11,501,153 Ionis shares at $54.34 apiece, a roughly 25 percent premium to the company’s $45.85 closing price on Thursday.

Pricing 59

Pricing Marketing Technology Develop 59

Xconomy

APRIL 20, 2018

The biggest news this week was in oncology, hands down. Merck showed that its immunotherapy pembrolizumab (Keytruda) might become a common option for many patients newly diagnosed with advanced lung cancer, but the bigger picture is that the field is moving fast. While pembrolizumab notched the headline-grabbing data, others are also working to develop options for various subsets of patients.

Pricing 52

Pricing News Report Develop 52

Xconomy

APRIL 20, 2018

It may seem obvious that companies in the Midwest face challenges attracting and retaining talent, given our weather and location far from the coasts. One need only to look at college football recruiting, after all, to see how the average annual snowfall on campus matters almost as much as last season’s win/loss record. To some around the country, it probably didn’t come as a surprise that Amazon cited concerns over a lack of available workforce talent in its decision to pass on Detroit fo

Software Engineering 52

Software Engineering Software San Diego Company 52