Mon.May 08, 2017

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Science37: Using Technology To Enable Remote, Clinical Trials, with Belinda Tan

socalTECH

The world of clinical trials, required to gain regulatory approval for new pharmaceuticals, has always been difficult, with such challenges as finding patients willing to travel to participate in trials, patients willing to carve out the time required for those trials, and issues with reaching a broad patient population. Los Angeles-based Science37 (www.science37.com) is using technology--mobile apps, telemedicine, and more--to overcome those and other challenges.

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Silicon Beach Report May 8: Snap Inc. Reportedly Disinterested in Snapchat Users in the Developing World

L.A. Business Journal

Snapchat reportedly disinterested in users in the developing world, Aerojet Rocketdyne says AR1 rocket engine development is on schedule, and Revolution Prep raises $4 million.

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CrowdStrike Expands Remote Incident Management Service

socalTECH

Irvine-based CrowdStrike announced this morning that it has expanded its managed threat hunting service, offering up new levels for customers needing guided response and remote incident management. According to CrowdStrike, the new levels for its Falcon OverWatch service will include a "Standard", "Essential", and "Elite" level, depending on how much assistance CrowdStrike is providing to the company.

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Dell Technologies Goes Public About $100M Venture Capital Arm

Xconomy

Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Called Dell Technologies Capital, the investment arm plans to provide funding to about 20 startups this year, Scott Darling, president of group, told Bloomberg , which first reported the news this morning.

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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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Aadi Bioscience Raises $23M

socalTECH

Pacific Palisades-based Aadi Bioscience , a biopharmaceuticals firm focused on diseases related to mTOR activation, said it has raised $23M in a Series A funding round. The round was led by Hermed Capital and also included Celgene Corporation, Vivo Capital, Decheng Capital, the Helsinn Investment Fund and Star Summit Ventures. Aadi Bioscience is led by founder and CEO Neil Desai, and is currently focused its efforts on treating Perivascular Epithelioid Cell tumors (PEComa), an extremely rare for

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Lessons From The Military On Winning Funding Battles

Startup Professionals Musings

Don’t charge the hill until you are “ready.” This probably seems obvious to military types, but I see entrepreneurs violating this rule all the time. They approach key potential investors way too early, trying to talk their way up the hill, with no supporting business plan, and before they have a support team around them. Needless to say, they usually get shot down, and get no second chance.

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Evolving Empyr Unveils Way to Link Online Ads with Offline Sales

Xconomy

When Jon Carder talks about online consumer trends, he speaks with some experience. Beginning with eHeaven, an e-commerce website that he founded in 2000 as a student at San Diego’s Point Loma Nazarene University, Carder has ridden a series of enormous waves as consumers moved online to shop, search for home loans, and find businesses in their neighborhoods.

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Alphaeon Finds New Funding For Aesthetic Medicine Efforts

socalTECH

Irvine-based ALPHAEON Corporation , a developer of products aimed at the aesthetic medicine market, has raised a private funding, via a convertible note financing. Size of the funding was not announced. the company said the funding was led by Dental Innovations BVBA, plus Sailing Capital, Longitude Capital Management Co., LLC and other current investors.

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The Enterprise Bang! Moment

Xconomy

The increasing rate of technology advancement is decreasing the time enterprises have to react to competitive pressures brought about by those same advancements. A Bang! moment arrives when the incumbent can no longer react before they fail in the market. The specific timing is unknowable, but the outcome is assured. Carmen Reinhart and Ken Rogoff, in This Time Is Different , coined this phrase and noted, “Highly indebted governments, banks, or corporations can seem to be merrily rolling along f

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Crowdfunder Gets Broker-Dealer License

socalTECH

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers. The company says it had over 500 companies on its platform in 2016 receive approximately $173M in total reservations for funding.

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HyperX Distributes Gaming Headset At GameStop

socalTECH

Fountain Valley-based HyperX , the videogaming division of Kingston Technology Company , says it has begun distributing its HyperX Cloud Stinger gaming headset at all of GameStop's stores in the United States. HyperX ssaid the move will help to grow retail sales for its gaming headset business. The headset costs just under $50. READ MORE>>.

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Falcon Computing Finds $8M For Big Data Acceleration

socalTECH

Falcon Computing Solutions , a developer of software specifically aimed at accelerating big-data applications with hardware--including both GPUs and FPGAs--has raised $8M in a funding round. The company, which has offices in Los Angeles but recently set up a headquarters in Santa Clara, said the funding was led by Intel Capital, and also included Baidu Ventures, Clear Ventures, SV Tech Ventures and Sierra Ventures.

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SpaceX Aims At Rapid Fire Launch Pace

socalTECH

Hawthorne, California-based SpaceX has set a rapid launch pace at its operations at the Kennedy Space Center and Vandenberg, and is hoping to launch two rockets in May, and then an unprecedented five launches in June. According to multiple launch schedules , SpaceX--fresh off a launch on May 1st--is looking to launch its next rocket on May 15th, putting the Inmarsat 5 F4 communications satellite to space, quickly followed by another launch two weeks later on June 1st.

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