Mon.Sep 28, 2020

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LA’s Thriving Edtech Startups Improve Remote Learning for Schools, Businesses

L.A. Business Journal

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

Startup 264
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7 Ways To Get Key People Committed To Supporting You

Startup Professionals Musings

Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader, not a brand. As an entrepreneur, you need relationships to succeed. That means relationships with team members, investors, customers, and vendors. One of the best ways to build a good relationship with anyone is to make them feel important.

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LA’s Thriving Edtech Startups Improve Remote Learning for Schools, Businesses

L.A. Business Journal

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

Startup 246
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HyperX Launches New USB Microphone

socalTECH

Fountain Valley-based gaming accessory maker HyperX launched a new product this morning, a new, USB microphone with fancy RGB lighting effects. According to HyperX, its new microphone, the HyperX QuadCast S , includes RGB lighting effects, anti-vibration shock mount, pop filter, and more features. The company said the microphone is aimed at streamers, online broadcasters, and work from home professionals.

Product 124
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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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Digital Solutions Assist Art Galleries

L.A. Business Journal

With in-person gallery visits largely halted by the pandemic, the business of art has taken a severe hit.

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Lyre's Picks Up $11.5M For Non Alcoholic Drinks

socalTECH

Los Angeles-based Lyre's Non-Alcoholic Spirit Co. , which develops non-alcoholic drinks which have the flavor--but not the alcohol--of popular spirits, has raised $11.5M in a seed funding round. The funding came from VRD Investment, Doehler Ventures, DLF Venture, Maropost Ventures, and HNWI, along with a number of family offices. Lyre's said the funding comes as it prepares to launch a "ready-to-drink" range of products.

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SpaceX Pushes Off Satellite Launch

socalTECH

Hawthorne-based SpaceX says it is pushing off its planned launch of another, 60 Starlink satellites which were scheduled to launch on Monday. According to SpaceX, the launch--which was set to take off at 10:22AM EDT--was delayed due to weather. SpaceX did not announced a new target date for the launch. The launch will be at Launch Complex 39A at Kennedy Space Center.

SpaceX 113
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Hawke Media, LA Stage Ecommerce Conference

L.A. Business Journal

Sawtelle-based marketing consulting firm Hawke Media has partnered with the city of Los Angeles for the inaugural Ecommerce Week LA, a virtual event taking place from Sept. 28 to Oct. 2.

Media 162
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Logically To Apply AI To Presidential Debate Fact Checking

socalTECH

Logically.ai , a startup which recently set up an office in Los Angeles, says it is developing artificial intelligence which it claims can help fact check statements and news, says it will apply its AI application to fact check the U.S. Presidential debates. The company says it will use both artificial and human intelligence to "uncover and address misinformation".

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AI Company Beyond Limits Raises $113 Million

L.A. Business Journal

Glendale-based artificial intelligence company Beyond Limits Inc. has raised $113 million in a Series C funding round with another roughly $20 million committed.

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Rocket Lab Launches Effort To Explore Venus

socalTECH

Huntington Beach-based Rocket Lab , the space launch startup led by Peter Beck, is aiming at beating NASA to Venus , in the hopes of helping to search for extraterrestrial life. According to Beck, it plans to dispatch its own space probe to Venus, to "scout for signs of extraterrestrial life". Rocket Lab apparently has been working on the Venus mission for several months.

SpaceX 113
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Uncertainty Surrounds TikTok Deal

L.A. Business Journal

The fate of TikTok may still be up in the air.

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Clearlake's Ivanti Buys MobileIron, Pulse Secure

socalTECH

Ivanti , the IT and security operations company owned by Los Angeles-based private equity company Clearlake Capital Group , has acquired two other companies-- MobileIron and Pulse Secure , Clearlake announced this morning. MobileIron is a provider of unified endpoint management software, and Pulse Secure develops secure access and mobile security software.

Equity 113
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Liquid Death Finds $23M More

socalTECH

Los Angeles-based canned water brand Liquid Death , the Science, Inc.-based startup offering up bottled water in aluminum cans, has raised $23M in a Series B funding round, the company disclosed over the weekend. The funding included Convivialite Ventures, Fat Mike, Pat McAfee, Velvet Sea Ventures, and a number of other investors. The company said the funding goes towards growth.