Fri.Mar 23, 2018

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ServiceTitan Raises $62 Million in Series C Funding

L.A. Business Journal

ServiceTitan, a Glendale-based software app for service professionals, announced $62 million in Series C funding. The funding round was led by Battery Ventures and will be used to expand the company from 400 to 500 employees by the end of the year, as well as for product enhancement and partnership expansion.

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Elon Musk Joins #DeleteFacebook Movement, Deletes SpaceX, Tesla Pages

socalTECH

Elon Musk , founder of both LA's SpaceX and electric vehicle maker Tesla , has deleted the Facebook pages for both of the companies, in support of the #DeleteFacebook movement. After an inquiry from followers on Twitter on if he'd delete the SpaceX page, Musk said "I didn't realize there was one. Will do". Both the SpaceX and Tesla pages disappeared shortly from Facebook.

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Silicon Beach Report March 23: ServiceTitan Grabs $62 Million in Series C

L.A. Business Journal

ServiceTitan grabs $62 million in Series C; Elon Musk pulls Tesla and SpaceX Facebook pages; and MoviePass drops prices again.

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Scientist.com Gets Data Security Certification

socalTECH

San Diego-based Scientist.com , which operates an outsourced research marketplace, says it has received a data security certification this week. According to the company, it received the SOC 2 certification, which certifies that the company adheres to rigorous information security policies and procedures regarding customer data. The company said the audit was performed on the company by RSM.

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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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Founders, Pay Attention to This Stuff—Not the Stock Market

Xconomy

The Dow Jones Industrial Average. Nasdaq. Startup exits. Funding rounds. In our 24/7 connected world, there’s no shortage of data you can access, study, and agonize over. The market’s latest move—from boom to correction—has commentators and analysts in a tizzy; many investors are feeling anxious, too. It’s easy to get distracted by all this chatter, so I’m encouraging founders to tune it out and double down on their business goals—which raises the questions of what information entrepreneurs shou

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XPRIZE Names Final Five Teams In Effort To Wring Water From Thin Air

socalTECH

The XPRIZE Foundation , the Los Angeles nonprofit which helps run prize-based competitions to help solve the world's problems, said it has named five finalists in the $1.75M Water Abundance XPRIZE --its prize which is aimed at encouraging the development of technology which can extract water from merely thin air. According to the foundation, the five finalists are the Hydro Harvest Operation (Newcastle, Australia); JMCC WING (South Point  Island of Hawaii); Skydra (Chicago, IL); Uravu (Hyderaba

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ServiceTitan Takes $62M

socalTECH

Glendale-based software developer ServiceTitan , which develops workflow and field service management for home service businesses, announced Friday morning that it has raised $62M in a Series C funding. The funding was led by Battery Ventures, and also included Bessemer Venture Partners and ICONIQ Capital. The company, founded by Ara Mahdessian and Vahe Kuzoyan, said that Battery's Michael Brown joins the company's board with the funding.

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Qualcomm’s Paul Jacobs Offers Farewell at Shareholders Meeting

Xconomy

Former Qualcomm executive chairman and CEO Paul Jacobs ended his 28-year career with the telecommunications giant Friday with a heartfelt farewell at the company’s annual shareholders’ meeting. In a short speech to several hundred shareholders at Qualcomm (NASDAQ: QCOM ) headquarters in San Diego, Jacobs acknowledged the role his father Irwin Jacobs played as Qualcomm’s founding CEO and expressed his gratitude to the employees who created the technologies that led to the wireless Internet, and “

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BioIQ Adds $26.5M

socalTECH

Santa Barbara-based BioIQ , which operates a platform to help manage health testing programs for health plans, employers and enterprise customers, has raised $26.5M more in funding, according to the firm. The funding was led by HealthQuest Capital, and also included Arboretum Ventures and other, un-nnamed insiders. The company, led by CEO Justin Bellante, said it will use the new funding for continued growth.

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Peachjar Names New VPs

socalTECH

San Diego-based Peachjar , which develops software used in the K-12 market to help get flyers and information to parents, has named Joyce Whitby as its new Vice President of Sales, and Tom Motter as Vice President of District Relationships. Whitby was previously National Vice President of Sales for the Education Group and SchoolMessenger division of West Corporation, and also served at VizZle.

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