Tue.Jan 16, 2018

Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

A version of this article previously appeared Forbes. Jim Semick (left) with his Co-Founder, Greg Goodman. I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community.

LogMeIn Employees Pitch In To Help First Responders In Montecito

socalTECH

Goleta-based employees for LogMeIn have pitched in to help in the aftermath of the massive disaster in Montecito, and spent all Saturday cleaning off mud from Santa Barbara County Sheriff's Search and Rescue response vehicles, equipment and even the station itself, according to the Sheriff's Office. The Sheriff's Office tweeted out a picture of the LogMeIn employees over the weekend. LogMeIn is just one of a large number of high tech companies in the affected area.

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Silicon Beach Report Jan. 16: Google to Connect Latin America and Los Angeles with New Undersea Cable

L.A. Business Journal

Google to connect Latin America and Los Angeles with new undersea cable; Snapchat content execs talk app redesign and push into scripted programming; and Lockheed Martin exec hints that SR-72 might be built already

Viasat Wins $350M Defense Deal For Special Ops Communications

socalTECH

Carlsbad-based satellite communications provider Viasat has won a five-year, $350M contract from the United States Special Operations Command, the company said on Monday, to provide networking and communications equipment, sustainment, and support services.

Google Launches a MOOC to Train Entry-Level IT Support Staffers

Xconomy

Big tech companies like Google are facing heat for developing disruptive technologies that can make traditional jobs obsolete. But at the same time, the tech industry is growing fast, and is eager to recruit workers outside the sector to fill entry-level jobs that often go begging, a Google executive says. Google is betting on online learning as an on-ramp to tech jobs for displaced workers and others with little exposure to information technology—even those who lack a college degree.

Propagate Gets Funding Round

socalTECH

Los Angeles-based Propagate Content , an independent content studio, said today that it has received a "significant" investment from The Raine Group. Size of that investment was not announced. Propagate is led by Ben Silverman (Chairman, CO-CEO) and Howard T. Owens (Foundaing Partner, Co-CEO). Propagate is the studio that produces "Planet of the Apps", which features Jessica Alba, Gwyneth Paltrow, Gary Vaynerchuk and will.i.am. READ MORE>>.

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TP-Link: Google's Buggy Devices Are Crashing Your Wi-Fi

socalTECH

Brea, California-based networking equipment maker TP-Link said on Tuesday that it has discovered a bug in Google's Chromecast, which is overwhelming Wi-Fi networks of consumers. According to TP-Link, its Wi-Fi routers--as well as others--are affected by a Google bug , related to Google's "Cast" feature, where certain Android OS and Google-driven devices will suddenly awaken from sleep and broadcast more than 100,000 packets--shutting down routers and Wi-Fi for users.

Google 100

TP-Link: Google Buggy Devices Are Crashing Your Wi-Fi

socalTECH

Brea, California-based networking equipment maker TP-Link said on Tuesday that it has discovered a bug in Google's Chromecast, which is overwhelming Wi-Fi networks of consumers. According to TP-Link, its Wi-Fi routers--as well as others--are affected by a Google bug , related to Google's "Cast" feature, where certain Android OS and Google-driven devices will suddenly awaken from sleep and broadcast more than 100,000 packets--shutting down routers and Wi-Fi for users.

Google 100

Yardi Wins Customer In Singapore

socalTECH

Santa Barbara-based software developer Yardi has signed on a customer in Singapore, which will use the company's property management and accounting software. According to Yardi, Soilbuild Group Holdings Ltd. has adopted its software to automate its financing and leasing efforts. Financial details of the win were not announced. Soilbuild has more than 4 million square feet of property under management. READ MORE>>. yardi singapore property management asia international soilbuild

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Aerie Pharmaceuticals Names VPs

socalTECH

Irvine-based Aerie Pharmacueticals said this morning that it has named two new executives. According to the developer of glaucoma therapies, it has named Nils Hauptmann as Director of Regulatory Affairs and Pharmacovigilance and Tim Swan as Director of Sales and Transparency Operations. Hauptmann was previously at Avanir Pharmaceuticals and Fibrogen. Swan was previously at Allergan. READ MORE>>. aerie pharmaceuticals executive glaucoma therapy nils hauptmann swan

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Clearlake's NetDocuments Names CFO

socalTECH

NetDocuments , the provider of secure cloud-based document, email, and collaboration management software for the legal industry, which is backed by Santa Monica-based private equity investor Clearlake Capital , says it has named a CFO. According to the companies, NetDocuments has named Pete Childs as its new Chief Financial Officer. Childs was previously Chief Financial Officer at Workfront. Clearlake acquired NetDocuments last year. READ MORE>>.

OpenGate Capital Acquires Mersive

socalTECH

Los Angeles-based private equity investor OpenGate Capital has acquired Denver-based collaboration software developer Mersive , OpenGate said this mroning. Financial details of the acquisition were not announced. Mersive develops software used for collaboration and meetings, based on both laptops and mobile devices as well as immersive in-room displays.