Wed.Jan 09, 2019

CSUCI Names New Entrepreneurship Director

socalTECH

Camarillo-based CSU Channel Islands is boosting its efforts to reach out to the local business community, saying it has named a new director of its Entrepreneurship & Small Business Institute (ESBI) , part of the school's Martin V. Smith (MVS) School of Business & Economics. According to CSUCI, Assistant Professor of Management, Cynthia Sherman, Ph.D., will head the institute, which is designed to help launch student entrepreneurs.

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Silicon Beach Report Jan. 9: Bird Seeks Additional $300 Million

L.A. Business Journal

Former Comcast executive hired by Jukin Media; new executives at Activision Blizzard; Bird seeking new funding

Cylance, CUJO AI Team on Cybersecurity Effort

socalTECH

Irvine-based cybersecurity software developer Cylance and El Segundo-based devuce security software developer CUJO AI are in a partnership aimed at the connected home, the two said today. According to Cylance, the two are in a strategic alliance, aimed at network operators, which will combine the AI endpoint and network security products from the two companies, to offer up "end-to-end" protection for all connected devices in a home.

Beta Bionics Secures $63M as AI-Driven “Pancreas” Heads to Key Tests

Xconomy

Beta Bionics, a startup developing a medical device that monitors and manages blood sugar levels in diabetes patients, has closed $63 million to back late-stage clinical tests of its AI-powered technology. The cash tops off a Series B round of funding announced last year.

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Miku Tackles Smart Baby Monitor Market

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A new, Los Angeles-based startup, a href="[link] , has launched its first product, a "smart" baby monitor which it says captures and analyzes a baby's breathing and sleeping patterns, the temperature and humidity levels in a baby's environment, as well as other data. Miku--which launched its product at CES 2019--says its sensors connects with smartphones "from anywhere in the world" and sends alerts to parents using AI and machine learning technology, using both optical and wireless sensing.

Big Deals, Life Sciences Push U.S. VC in 2018 to Dot-Com Boom Levels

Xconomy

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. startups collectively took in more than $100 billion.

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Sunstone Joins In $100M Funding For Supersonic Plane

socalTECH

Long Beach-based investor Sunstone Venture Capital Fund says it has participated in the funding for supersonic airplane maker Boom Supersonic. Sunstone did not say how much it invested in the round, which was announced last week by Denver-based Boom Supersonic. The $100M fundraising for Boom Supersonic led by Emerson Capital, and also included Y Combinator Continuity, Caffeinated Capital, SV Angel, Sam Altman, Paul Graham, Ron Conway, Michael Marks, and Greg McAdoo.

Activision Blizzard Appoints Trio Of Executives To New Posts

socalTECH

Santa Monica-based Activision Blizzard made a trio of executive appointments today, naming Rob Kostich has been named President of Activision; apointing Humam Sakhnini as President of King Digital Entertainment; and naming Dennis Durkin President of Activision Blizzard's Emerging Businesses. Kostich was previously Call of Duty GM; Sakhnini was CFO and Chief Strategy Officer at King Digital; and Dennis Durkin was and remains as CFO in addition to his new role.

Engineer.ai Links With DigitalOcean

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Los Angeles- and London-based Engineer.ai , a developer of artificial intelligence software aimed at creating software for SMBs, said today that it has entered into a strategic partnership with DigitalOcean, a provider of cloud services for the development community. According to the company, the partnership will help SMBs build affordable, custom software. Engineer.AI recently raised $29.5M in a funding round, which came from Lakestar and Jungle Ventures, and also included Softbank's DeepCore.

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