socalTECH
MAY 15, 2017
Goleta-based Transphorm , which is developing gallium nitride (GaN) semiconductors, reported a design win fo its components this morning. According to Transphorm, the first ever, AC-DC power supply using its GaN FETs has just been announced. The new power supply was developed by Bel Power Solutions , a power supply which Transphorm says has greater than 96 percent efficiency.
L.A. Business Journal
MAY 15, 2017
SpaceX settled an overtime pay class action with 4,100 workers on Wednesday for $4 million.
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socalTECH
MAY 15, 2017
San Diego-based Truepic , a company developing mobile apps which help to certify that images--such as those for real estate, car rentals, home rentals, and online dating--have not been modified or altered before uploading, has raised $1.75M in a seed funding round. The company said funding came from angels such as Jeffrey Parker (FirstCall, Thomson Financial), Andrew "Flip" Flipipowski (Platinum Technology, SilkRoad); and William Sahlman (Harvard Business School).
L.A. Business Journal
MAY 15, 2017
SpaceX settles overtime pay class action for $4 million, Snap launches new camera lens ads, and hackers may have stolen unreleased Disney movie, Chief Executive Bob Iger tells staff.
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socalTECH
MAY 15, 2017
Hawthorne-based SpaceX is getting set to launch another Falcon 9 into space this afternoon, from NASA's Kennedy Space Center, with a launch window opening up at 4:21 p.m. PST. The launch of the Inmarsat-5 Flight 4 mission, will launch a commercial communications satellite into geostationary orbit. According to SpaceX, it will not be attempting to launch the Falcon 9's first stage on this launch, due to the mission requirements.
L.A. Business Journal
MAY 15, 2017
Military contracts could provide a big lift to SpaceX’s launch business.
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Xconomy
MAY 15, 2017
San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs). The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding.
socalTECH
MAY 15, 2017
Los Angeles-based YayYo , a new startup in the ridesharing space, said last week that it has launched its own fleet of vehicles in Los Angles county. YayYo said it specifically launched to counter the daily surge pricing from such services as Uber and Lyft, and that its rides will come from a "professionally trained driver" and such features as onboard security cameras in brand new vehicles.
Xconomy
MAY 15, 2017
This may be the incident that finally pushes ransomware into the mainstream—and also forces both organizations and malicious hackers to adapt their approaches when it comes to this type of attack. The “WannaCry” virus, which first hit companies and healthcare services on Friday, has infected some 300,000 computer systems in 150-odd countries. By exploiting a vulnerability in Microsoft Windows, the malware freezes computers, locks up data and files, spreads to other systems, and asks for a
socalTECH
MAY 15, 2017
Western Digital said on Sunday that its several of its SanDisk subsidiaries have requested arbitration with the ICC International Court of Arbitration related to three NAND flash-memory joint ventures it operates with Toshiba Corporation. According to WD, the arbitration is seeking an order requiring Toshiba to unwind the transfer to Toshiba Memory.
Startup Professionals Musings
MAY 15, 2017
Building a business is not rocket science, so there is no magic success formula. Some people think you need to get an MBA to get it right, while others are convinced that those who drop out of school early (Bill Gates, Mark Zuckerberg) have the advantage. In my experience working with startups, the best approach these days is to find and use a good mentor (been there, done that).
socalTECH
MAY 15, 2017
Goleta-based property management software developer Yardi has signed up a new customer in Dubai, United Arab Emirates, with property development and real estate services firm Deyaar Development PJSC. Yardi said that Deyaar is using its Yardi Voyager 7S software to perform lease and property management across its project portfolio. Financial details of the customer win were not announced.
Xconomy
MAY 15, 2017
Two RNA-based drugs for the same disease, a rare, crippling nerve condition called familial amyloid polyneuropathy (FAP) with no available treatments in the U.S., could soon be under an FDA review at the same time. The first of those treatments, from Carlsbad, CA, Ionis Pharmaceuticals, is on its way there—but are the data are good enough to satisfy regulators and Ionis’s partner, GlaxoSmithKline?
socalTECH
MAY 15, 2017
Kyocera International said today that its semiconductor assembly services in San Diego have received a new certification, specifically covering the packaging of products for space applications. According to Kyocera, it received Class Y certification for its semiconductor assembly services in San Diego, which certifies ceramic non-hermetic semiconductor packages for use in space applications.
socalTECH
MAY 15, 2017
San Diego-based Scientist.com , a startup which operates a marketplace for outsourced research, has raised $24M in a funding round, the company announced Monday morning. The funding came from Leerink Transformation Partners (LTP) and 5AM Ventures along with Heritage Provider Network, Bootstrap Ventures and Jack Giarraputo, a Hollywood producer. The company--previously known as Assay Depot--is led by President and CEO Kevin Lustig, PhD.
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