socalTECH
JANUARY 29, 2019
Pasadena-based ObEN , which develops technology to help people create a personal, AI-driven avatar which looks and sounds like you, reported a win in China, for a big New Year's broadcast for China Central Television (CCTV). According to ObEN, its technology was used to create "AI hosts" for CCTV's Network Spring Festival Gala, which aired on Monday.
SoCal Tech Calendar
JANUARY 29, 2019
Monday, February 4, 2019 -- Digital Entertainment World 2019. Described by Hollywood insiders, digital influencers and industry leaders throughout the world as a "must-attend" event, now in its 6th year Digital Entertainment World (DEW) is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2019 focuses on "The Power of Creativity and Influence" and will cover topics from OTT to Innovation to eSports to Millennials to Content Marketing to
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
socalTECH
JANUARY 29, 2019
Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. Financial terms of the sale were not announced. Vincente Capital acquired ITI in November of 2012. According to Vincente Capital, it has retained a minority interest in Intellectual Technology.
Xconomy
JANUARY 29, 2019
The road to potential approval for Voyager Therapeutics’ experimental gene therapy for Parkinson’s disease got a bit longer, and more expensive, last year. So this morning the company cut a deal with Neurocrine Biosciences to bankroll the journey—and forfeit some of the financial upside for the product, known as VY-AADC. Neurocrine (NASDAQ: NBIX ) has agreed to pay Voyager (NASDAQ: VYGR ) $115 million in cash and buy $50 million worth of the Cambridge, MA, company’s shares at $11.96 apiece
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
JANUARY 29, 2019
Mayor Eric Garcetti , the Mayor of Los Angeles and a big supporter of the Greater Los Angeles area's rise to prominence in the technology startup world, is reportedly set to announced that he will not be running for President in 2020. Garcetti has been a regularly seen at local technology conferences promoting the growth of "Silicon Beach" and the rest of the LA technology ecosystem.
Xconomy
JANUARY 29, 2019
Billie, a monthly subscription service for shaving and body care products for women, has raised $25 million. The New York-based startup said Tuesday that the new funding round, which is being led by Goldman Sachs Private Capital Investing group, brings its total investment to $35 million. Previous investors Silverton Partners, Female Founders Fund, and Lakehouse Ventures also participated in Billie’s new round, which the company says will be used for additional product development.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JANUARY 29, 2019
Equidate, one of the trading platforms that help employees sell their shares in pre-IPO unicorn companies, rolled out a new name today and announced a $35 million expansion of its $50 million funding round publicized in July. Re-branded as Forge Global , the five-year-old company plans to continue broadening the services it developed as many venture capital-backed companies—“unicorns” already supposedly worth billions of dollars, at least on paper—delayed going public, even while som
socalTECH
JANUARY 29, 2019
Mayor Eric Garcetti , the Mayor of Los Angeles and a big supporter of the Greater Los Angeles area's rise to prominence in the technology startup world, announced on Tuesday evening that he will not be running for President in 2020. Garcetti has been a regularly seen at local technology conferences promoting the growth of "Silicon Beach" and the rest of the LA technology ecosystem.
Southern California Edison Blog
JANUARY 29, 2019
Technology and network connections are becoming increasingly important for businesses. Once general tools used to manage daily operations, they’re now major sources of competitive advantage. Today, the right network connection can increase productivity, mitigate risk, and improve security. But despite increasingly high-speed and high-bandwidth business internet options, many organizations still struggle with their connections.
socalTECH
JANUARY 29, 2019
CoverHound , the online insurance shopping marketplace with offices in Westlake Village, apparently raised a funding round, according to what appears to be a broken embargo by a Silicon Valley technology news site. According to a spokesperson for Coverhound, the amount of the funding and investors--which had been reported as being worth $55M, and included Hiscox, Chubb, Aflac Ventures, and MS&AD--were "factually incorrect".
socalTECH
JANUARY 29, 2019
Los Angeles-based HeyTutor , an online marketplace for finding tutors, has raised $1M in its Series A funding, the company announced on Tuesday, from Santa Barbara-based ScOp Venture Capital, the venture investment firm led by serial entrepreneur and investor Kevin O'Connor. HeyTutor was founded by Skyler Lucci and Ryan Neman four years ago, when both of them were both just 19 years old.
socalTECH
JANUARY 29, 2019
Now defunct, Los Angeles-based multi-channel content network Defy Media is unlikely to be able to pay the $1.7 million it owes more than 50 YouTube creators, after the company's shutdown in November, according to a report. One of the companies which had provided debt funding to Defy Media, Ally Bank, said recently that it expects to experience "a substantial loss" on its loan to the company.
socalTECH
JANUARY 29, 2019
Los Angeles-based FanAI , a venture-backed developer of artificial intelligence software used for sponsorship engagement and analytics, has acquired Waypoint Media , the two announced this morning. Financial details of the buy were not announced. FanAI--which is backed by Courtside Ventures, CRCM Ventures, BITKRAFT Esports Ventures, BDS Capital, Catalyst Sports, Deep Space Ventures, Everblue Management, Greycroft GC Tracker Fund, M Ventures, Rosecliff Ventures, and Sterling VC, says it uses AI t
socalTECH
JANUARY 29, 2019
San Diego-based BioDuro , a life sciences contract research and development organization, has been acquired by private equity investor Advent International , the companies said over the weekend. Financial details of the majority, strategic investment in BioDuro were not announced. BioDuro has operations in San Diego, Beijing, an Shanghai, and provides synthetic and medicinal chemistry, drug metabolism and pharmacokinetics (DMPK), biologics and biology services, translational oncology services, c
socalTECH
JANUARY 29, 2019
Santa Monica-based Snap Inc. , the parent company of Snapchat, said Monday afternoon that it has named Lara Sweet as its interim Chief Financial Officer and principal financial officer. Sweet is the company's current Chief Accounting Officer. Sweet replaces Snap's current CFO, Tim Stone, who is leaving on February 5th. According to Snap, it has initiated a search for a permanent Chief Financial Officer.
socalTECH
JANUARY 29, 2019
CoverHound , the online insurance shopping marketplace with offices in Westlake Village, has raised $55M more in a funding round, the company said this morning. The funding was led by Hiscox, and also included Chubb, Aflac Ventures, and MS&AD. The company says it has now raised $110M in total. Coverhound's offices are split between San Francisco and Westlake Village.
Expert insights. Personalized for you.
145 
Let's personalize your content