Tue.May 29, 2018

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Esri Adds New Satellite Imaging From Sentinel-2 Satellite

socalTECH

Redland-based geographical information systems (GIS) provider Esri said on Monday morning that it is extending its suite of satellite images for its service, adding Sentinel-2 Earth Observation Satellite images, for any location in the world. Those images--from the European Space Agency's Sentinel-2 satellite--is at a 10 meter resolution, and updates every 5 to 7 days.

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Silicon Beach Report May 29: Is Bird the First Scooter Unicorn?

L.A. Business Journal

Sequoia said to Value Scooter Outfit Bird at $1 Billion as Part of $150 Million Raise; Snap Facing Diversity, Morale Challenges; Surkus Raises $10 Million

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ISSQUARED Acquires Starnet Data Design

socalTECH

Newbury Park-based ISSQUARED , an information technology provider, said this morning that it has acquired Westlake Village-based Starnet Data Design. Financial details of the buy were not disclosed. BOth companies provide information technology consulting, including consulting in the areas of networking, security, hardware, and other related areas for enterprise to SMB customers.

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Smart-Kitchen Startups Give Cooks Digital Help Via Internet of Things

Xconomy

When it comes to connected homes, the hottest spot is located in your kitchen. The Internet of Things, artificial intelligence, and related technologies are being used to connect ovens, refrigerators, and other kitchen appliances to the Web. Feeling unsure about cooking that fish dish? Smart ovens can more accurately calibrate temperatures to avoid over-cooking.

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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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Moleaer Finds $6M For Nanobubble Technology

socalTECH

Los Angeles-based Moleaer , a manufacturer of industrial "nanobubble generators" used for water and wastewater treatment, agriculture irrigation, and oil-water separation, announced this morning that it has raised $6M in a funding round. The funding was led by Energy Innovation Capital (EIC). According to Moleaer, its products increase gas transfer rates and improve solids separation from water, wastewater and produced water.

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GoGuardian Acquired by Sumeru Equity Partners

socalTECH

Los Angeles-based GoGuardian , a startup which develops Chromebook management software for schools, disclosed last week that it has raised a majority round of private equity from Sumeru Equity Partners. Size of the investment were not announced. GoGuardian is led by founder and CEO Advait Shinde. The company said that George Kadifa, Sanjeet Mitra and Sean Kendra--all of Sumeru Equity Partners--have joined the company's board with the majority investment.

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NVCA: Elimination of International Entrepreneur Rule A Major Mistake

socalTECH

The National Venture Capital Association (NVCA) said Friday that the recission of the International Entrepreneur Rule (also billed as the "Startup Visa") -- which was aimed at encouraging foreign-born entrepreneurs to launch high-growth startups in the U.S.--is a "major mistake for U.S. job creation and innovation". The rule, which the NVCA says would allow for talented immigrant entrepreneurs to remain in the U.S. to build and scale their startups, is being targeted by the current U.S.

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SpaceX Queues Up Satellite Launch At Canaveral For June 1st

socalTECH

Hawthorne-based SpaceX said over the weekend that its next launch, the SES-12 mission, is being targeted for June 1st, from Pad 40 at Cape Canveral. SES-12 is a communications satellite aimed at providing communications to the Middle East and Asia Pacific, and will be launched into geostationary transfer orbit (GTO). According to Kennedy Space Center, the rocket being used in the SES-12 launch is a "flight-proven" first stage, used in a prior launch.

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Surkus Raises $10M

socalTECH

Los Angeles-based Surkus , a developer of a platform to help connect people with local events, has raised $10M in a Series B funding, according to the comapny. The funding was led by Capital Union investments and EOS Global. According to Surkus, the investment in the company is the first for EOS Global, a $200M venture fund focused on the blockchain.