Tech.Co

MAY 26, 2020

Jeff Bezos didn't get to be the world's richest man by writing a lot of checks, and one recent way to keep Amazon's profits healthy has been to cut its affiliate commissions scheme. Amazon used its popular affiliate program to spur additional growth, getting reviewers and publishing sites – including us here at Tech.co – to link to Amazon in exchange for a small payout whenever a reader bought something by following that link.

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socalTECH

MAY 26, 2020

La Jolla-based Platform Science , a developer of fleet management software and technology, has raised $42M in a Series B funding, the company disclosed recently. The funding was led by Prologis, and also include Daimler Trucks AG, 8VC, NewRoad Capital Partners, Schematic Ventures, and Cambridge Capital. Platform Science had announced a partnership with Daimler Trucks North America, along with Daimler's participation in its Series B, at the beginning of May.

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Xconomy

MAY 26, 2020

Privately held biotech ViaCyte has banked $27 million, the majority an installment of cash from a tranched $80 million Series D financing round it closed in late 2018. The company says the money will go to further develop the three diabetes treatment programs it has underway, including enough prep work to enable it to bring the latest addition to its pipeline, which uses gene-editing, into clinical trials.

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socalTECH

MAY 26, 2020

Carlsbad-base Qualigen , a developer of products for the treatment of cancer and infectious diseases, said this morning that it has completed its merger with publicly traded Ritter Pharmaceuticals (RTTR). The companies said the newly merged company will operate under the name Qualigen Therapeutics, Inc., and the newly merged company will begin trading on the Nasdaq Capital Market today under the symbol QLGN.

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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.

Company

socalTECH

MAY 26, 2020

Goleta-based Apeel Sciencs , a startup developing technology which coats fresh fruit and vegetables with what it calls an "extra peel" to help preserve fruit for longer, has raised a huge, $250M funding round, the company said on Tuesday. The funding was led by GIC. The funding--which values the company at over one billion dollars--adds the company to Southern California's list of "unicorn" companies.

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socalTECH

MAY 26, 2020

Long Beach-based Virgin Orbit attempted the first launch of its LauncherOne rocket on Monday, dropping and igniting the rocket--which failed to make it to space. According to Virgin Atlantic, it was able to carry its rocket using the Cosmic Girl aircraft out to the launch site, and release the LauncherOne successfully; it also managed to light its booster engine, but according to Virgin Orbit an "anomaly" occurred and it safely terminated its mission.

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socalTECH

MAY 26, 2020

Los Angeles- and New Zealand-based Datch , which is develop artificlal intelligence, voice assistant software for the industrial market, said this morning that it has raised $3.2M in a seed funding round. The funding was led by Blue Bear Capital, and also included Stage VEnture partners, Tuhua Ventures, Lorimer Ventures, Predictive Venture Partners, and Plug and Play Ventures.

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socalTECH

MAY 26, 2020

San Diego-based gaming headset maker Turtle Beach Products says it is seeing "record" retail sales in April, as a result of an industry-wide increase in gaming accessories. According to the company, its retail sales in April were more than double the brand's prior all-time high from April 2018. Financial details on those sales were not announced. Turtle Beach makes gaming headsets which are aimed at the Xbox, PlayStation, and Nintendo market, and also work with PCs, Macs, and mobile and tablet d

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socalTECH

MAY 26, 2020

Hawthorne-based SpaceX is gearing up for a possible launch of the Crew Dragon mission--and the first delivery of astronauts into space from U.S. soil--on Wednesday. The flight--which will take two NASA astronauts, Col. Doug Hurley and Bob Behnken--to the International Space Station--currently is facing possible weather delays, with only a 60% favorable weather forecast.

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