socalTECH
SEPTEMBER 5, 2017
Companies are always complaining about how hard it is to find the right employees, and how technical talent is hard to find. Yet, you have many students, graduating with technical skills, who just don't know how to make it into a company. How do you bridge the gap between students and employers? The UCLA Extension recently launched a program called the Silicon Beach Innovation Lab , aimed at that gap.
L.A. Business Journal
SEPTEMBER 5, 2017
Mortgage software developer Ellie Mae announced on Aug. 31 that it signed an agreement to acquire El Segundo’s Velocify, a developer of sales process management software, for $128 million in cash.
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socalTECH
SEPTEMBER 5, 2017
Santa Barbara-based real estate software developer Yardi said over the weekend that it has donated $1 million to relief efforts for Hurricane Harvey, and also launched a new website to help displaced residents find housing. According to Yardi, it is using its RENTCafe property markeing and leasing platform to create a housing registry website , to help displaced residents find temporary and permanent homes.
L.A. Business Journal
SEPTEMBER 5, 2017
Velocify acquired for $128 million, SpaceX’s Falcon Heavy completes first-stage test, and car shopping and lending app Fair launches in Los Angeles.
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
SEPTEMBER 5, 2017
Sir Richard Branson , the technology mogul behind Southern California's Virgin Galactic , and investor in Los Angeles-based Ring , among other companies, shared his plans to ride through the Hurricane Irma, the approaching Category 5 monster storm, on his private island, Necker Island. According to Branson , Necker Island--located in the British Virgin Islands (BVI)--only gets hurricanes about every 10 years.
Xconomy
SEPTEMBER 5, 2017
Ireland’s top agricultural exports are beef and dairy products. Arama Kukutai believes that in coming years, Ireland will send the United States and the rest of the world something different: innovative agricultural technologies that help make farms more productive and profitable. To that end, Kukutai’s venture capital firm, Finistere Ventures, is joining with the Ireland Strategic Investment Fund to launch a new 20 million euro ($24 million) fund that will invest in emerging agtech startups in
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Inverted Software
SEPTEMBER 5, 2017
With Millennials overtaking Baby Boomers as America’s largest generation at 75.4 million vs. 74.9 million, and continue to grow, there is no denying the economic power behind the most misunderstood segment of our population. Companies are waking up to a new reality. A reality where most of the business is done online, shopping means Amazon and dinner plans mean Uber Eats.
socalTECH
SEPTEMBER 5, 2017
Culver City-based Beats by Dr. Dre , the headphone brand now owned by Apple, has rolled out a new family of noise cancelling headphones this morning. Beats said its new Beats Studio3 Wireless headphones is a version of its Beats Studio product, featuring noice cancelling technology and including the Apple W1 chip, which lets users pair those headphones with Apple devices.
Xconomy
SEPTEMBER 5, 2017
San Diego’s MEI Pharma (NASDAQ: MEIP ) has agreed to pay $2.9 million upfront to Seattle-based Presage Biosciences for exclusive worldwide rights for the anti-cancer drug candidate voruciclib, which has shown some promise in a small, early stage study of patients with Chronic Lymphocytic Leukemia (CLL). Additional payments could eventually add another $181 million if MEI can meet developmental, regulatory, and commercial milestones.
socalTECH
SEPTEMBER 5, 2017
YouTube rolled out a number of enhancements to its live streaming service on Tuesday, saying it has added the ability to live stream in real time, with very little latency; ability to live stream directly from an iPhone screen; and enhancements to its chat moderation features. Previously, there was a longer delay in live streaming--which made it difficult to chat back and forth with fans during live streams--and the inability to remove trolls for a chat stream easily.
StartUp Beat
SEPTEMBER 5, 2017
What do entrepreneurs do when they finally establish their startup? Do they hibernate in their offices, trying to come up with creative solutions? Roam the streets looking for more investors? Or do they read up on other success stories for inspiration? While all previously mentioned tactics can yield great success, there is a more exciting and interactive substitute.
socalTECH
SEPTEMBER 5, 2017
Hawthorne-based SpaceX said over the weekend that all of the first stage cores for its Falcon Heavy have completed testing at its rocket development facility in McGregor, Texas. SpaceX released a video of the static fire testing, where those rockets are fired while anchored to the ground. SpaceX has been aiming at a launch in November of the Falcon Heavy.
socalTECH
SEPTEMBER 5, 2017
Irvine-based data analytics software developer Alteryx said on Tuesday afternoon that it plans to launch a follow-on offering to its IPO, with some of its existing stockholders proposing to sell 8,000,000 shares of its Class A common stock, and up to an additional 1,200,000 shares to underwriters. Alteryx said it will not receive any proceeds from the sale of the shares.
socalTECH
SEPTEMBER 5, 2017
Los Angeles-based audio advertising technologyp rovider Triton Digital said this morning that it has been selected by Salem Media Group, to power Salem's podcasting strategy. Salem Media is a major Christian and conservative radio station operator. Financial details of the win were not announced. Salem is using Triton's Omny Studio software to host and distribute its 600 podcasts, and also will use Triton's software for dynamically inserted audio ads.
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