socalTECH
JULY 2, 2018
Los Angeles-based Lucidity , a developer of blockchain advertising technology, said this morning that it has named AdColony co-founder Nikao Yang as its Chief Operating Officer. AdColony develops mobile video advertising technology, and was acquired in 2014 for $350M by Operat Software. Yang also has served at Toyota Motor Sales, Del Monte Foods and the Walt Disney Company.
L.A. Business Journal
JULY 2, 2018
BionicLogic Inc., a Santa Monica-based tech company that develops software applications, has raised $1.5 million from investors, according to a July 2 securities filing.
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socalTECH
JULY 2, 2018
Pasadena-based ObEN , the artificial intelligence startup developing personal avatars, says it has linked with Tencent and the Tsinghua University PBC School of Finance (PBCSF), on a "blockchain research center" in China. According to ObEN, it is donating $1M for research and implementation of blockchain technology at Tsinghau, and effort that is also being supported by Tencent, Gao Rong Venture Capital and others.
Xconomy
JULY 2, 2018
For most patients—and for many drug developers—healthcare reimbursement policies can present a daunting maze of restrictions and uncertainties. But for some tech companies, those policies can be accelerants that boost the chances that new products will be adopted. That’s the case for Reflexion Health , which benefits from U.S. insurance coverage regulations that create openings for the use of its “virtual physical therapy” system for patients trying to recover a full rang
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.
socalTECH
JULY 2, 2018
Santa Monica-based Bird --already in a frenetic fundraising and expansion race with competitor Lime, Uber, and a host of other competitors--can add Lyft to its list of competitors, after Lyft said it would buy bike sharing company Motivate on Monday. Motivate is the biggest bike sharing company in the US, and is known for operating such services as Citi Bike.
Xconomy
JULY 2, 2018
Blood tests for cancer, known as liquid biopsies, have become available in recent years to guide treatments for people already diagnosed. But how useful are they? A paper published last week in the journal JAMA Oncology makes the case that one such test, Oncotype DX AR-V7 Nucleus Detect, might be worth its $3,980 price tag. (Earlier this year, the federal insurance program Medicare sent positive signals about coverage but hasn’t made a final decision.
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L.A. Business Journal
JULY 2, 2018
Yang joins Lucidity; BionicLogic gets $1.
socalTECH
JULY 2, 2018
Carlsbad-based semiconductor maker MaxLinear announced this morning that it has named Steven Litchfield as the company's Chief Financial Officer and Chief Corporate Strategy Officer. Litchfield joins MaxLinear from Microsemi, where he had been Executive Vice President and Chief Strategy Officer since 2009. Litchfield also served as Microsemi's Vice President, Analog and Mixed Signal Group from 2006 to 2009, as its Vice President, Corporate Marketing and Business Development from 2003 to 2006, an
Xconomy
JULY 2, 2018
Automation Anywhere , which supplies customers with armies of software robots to take over manual tasks such as insurance claims processing, announced today it raised $250 million in a first funding round that set its post-money valuation at $1.8 billion. The San Jose, CA-based company, begun in 2003 by four co-founders who bootstrapped its funding, has built a customer base of 1,100 firms including Google, GM, Siemens, Cisco Systems, LinkedIn, Comcast, and Juniper Networks.
socalTECH
JULY 2, 2018
Thousand Oaks-based Teledyne Technologies Incorporated said today that it has successfully launched an earth imaging sensor to the International Space Station (ISS), on last week's SpaceX Falcon 9 delivery run to the ISS. According to Teledyne, its DLR Earth Sensing Imaging Spectrometer (DESIS) was designed and built by the German Aerospace Center (DLR), and will be installed and tested on Teledyne Brown Engineering's Multi-User System for Earth Sensing (MUSES) aboard the space station.
Xconomy
JULY 2, 2018
Bruce Victor Bigelow, editor of Xconomy San Diego, passed away Friday afternoon, June 29, at the age of 63. He had suddenly fallen ill less than a week earlier, after he returned to San Diego from a hiking trip in Utah. Our initial post about Bruce’s death is here. But we at Xconomy, after hollering “Stet” in vain to that editor in the sky, wanted to do something more.
socalTECH
JULY 2, 2018
Aliso Viejo-based Quest Software has acquired Metalogix , a developer of migration tools for Microsoft SharePoint and Office 365. Financial details of the acquisition were not announced. Metalogix develops tools that are used for the migration, management, and securing of Office 365 and Microsoft SharePoint. According to Quest, the buy will help it boost its overall portfolio of products for managing Microsoft installations.
socalTECH
JULY 2, 2018
Foothill Ranch-based software developer iBaseT says it has opened up a new, European headquarters in France, as part of an effort to meet increased demand for its software in France, Europe, the Middle East, and Africa. According to iBaseT, its new European headquarters is based in Toulouse, and will help support the French aerospace industry, as well as other European demand.
socalTECH
JULY 2, 2018
Los Angeles-based dating app developer Tinder has addressed the security issues uncovered in a security researchers report in January, including fully encrypting images transmitted between its servers and fixing data transfers which would have let hackers determine if users were swiping "left" or "right" on photos, according to a letter to Senator Ron Wyden last week released by the company.
socalTECH
JULY 2, 2018
A SpaceX Dragon spacecraft has just arrived at the International Space Station this morning, according to NASA, at 6:52am PT. The SpaceX Dragon is expected to remain attached to the ISS for the next month, and will deliver more than 5,900 pounds of research, crew supplies and hardware to the orbiting laboratory. SpaceX launched its latest mission, the CRS-15 (Commercial Resupply Services) mission, to the ISS on Thursday from Cape Canaveral.
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