Fri.Sep 18, 2020

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QualityWorks Offers Up Free Bootcamp For BIPOC Community

socalTECH

Los Angeles-based software company QualityWorks said this week that it is offering up a free, bootcamp for people in the BIPOC (Black, Indigenous, People of Color) community, to learn about software testing. According to QualityWorks, it is running a free, six-week Agile Testing Bootcamp aimed at helping individuals with non-technical backgrounds gain high-paying, high-demand technical jobs in software test.

Demand 203
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Bio Roundup: SeaGen Scores, Dyne’s Debut, Microbiome Moves & More

Xconomy

Gilead Sciences CEO Daniel O’Day has spoken openly about acquisitions as a way to build up the company’s drug pipeline. This week, it made its biggest buy yet. The $21 billion Immunomedics acquisition brings to Gilead a cancer drug that many analysts project will become a blockbuster seller. Some of those analysts think Gilead might have overpaid but the company says there were competing offers.

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Nuvve Connects Into Grid Balancing Efforts

socalTECH

San Diego-based green energy technology developer Nuvve , which is developing vehicle-to-grid load balancing technology, says it has started participating in California's wholesale energy markets, via an effort with the University of California San Diego. Nuvve said it has begun delivering power to San Diego Gas & Electric (SDG&E) and the electrical grid, using a large, stationary battery which is installed on the UC San Diego campus migrogrid.

San Diego 124
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7 Keys To Being Willing To Risk Your Neck In Business

Startup Professionals Musings

Willingness to take a risk is the hallmark of a serious entrepreneur. That’s why one of the first questions that potential investors ask is “How much of your own money, and friends and family, have you put into the new business?” If you won’t risk yours, you won’t get investors to risk theirs. A few years ago I was impressed with the classic book “ When Turtles Fly ” by Nikki Stone, an Olympic champion, which explains this well.

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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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Boosted Commerce Finds $87M, Acquires Amazon Fulfillment Companies

socalTECH

Los Angeles-based Boosted Commerce announced on Thursday that it has raised $87M, and acquired six different companies in the business of Amazon fulfillment. According to Boosted, the funding came from Torch Capital, Crosscut Ventures, Spencer Rascoff (co-founder of Zillow), Elie Seidman (former CEO of Tinder), Tucker Kain (Los Angeles Dodgers); Ken Ramberg (founder of Goodpods), Scott Hendrickson (co-founder Permian Investment Partners), Thomas O.

Commerce 124
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Report: Scopely Seeking $200M More

socalTECH

Los Angeles-based mobile game developer Scopely is reported to be seeking to raise $200M in a new funding round, which would value the company at around $3 billion, according to a report. The report, from Bloomberg, said the valuation of the company is up from an earlier $1.9 billion valuation as of March. The report cites "people familiar with the matter".

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ConsejoSano Gets Impact Funding

socalTECH

North Hollywood-based ConsejoSano , a developer of patient experience and engagement software, aimed at payers, providers, and health care systems, has scored a round of "impact" funding, the company said this week. According to the company, it received an equity investment from the Bernard J. Tyson Impact Fund, which is administered by the American Heart Association.

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Fair Adds Traditional 2-Year, 3-Year Leases

socalTECH

Santa Monica-based Fair , the used car leasing company, said this week that it is adding longer, 2-year and 3-year leases to its menu of options, as a complement to the firm's month-to-month car options. According to Fair, the new lease options will offer up monthly savings to customers who want to keep their cars longer, with customers saving $40 per month on a 2-year Fair lease, and $70 a month on a 3 year lease.