Wed.Mar 22, 2017

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Cubic Wins $20M Navy Contract

socalTECH

San Diego-based Cubic Corporation reported on Wednesday that one of its divisions, Cubic Mission Solutions (CMS), has scored a contract worth more than $20M from the U.S. Navy. Cubic said the award goes towards the delivery of a portable common data link system for the U.S. Navy's Space and Naval Warfare Systems Command (SPAWAR). SPAWAR is based in San Diego.

San Diego 124
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Silicon Beach Report March 22: Job-Hunting Advice Network Raises $2.7M

L.A. Business Journal

Job hunting advice network raises $2.7 million, content management service Edlio acquires app Sangha, and entertainment content startup Pocketwatch raises $6 million.

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Lightpost Digital Lands New Funding For Online Marketing Services

socalTECH

San Diego-based Lightpost Digital , a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The company is a spinout of Deal Current, and was founded in 2015. The company focuses on website development, SEO, Facebook ads, and review monitoring.

Services 113
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LA Fintech Demo/VC Mix Mingle Network

SoCal Tech Calendar

Tuesday, March 28, 2017 -- LA Fintech Demo/VC Mix Mingle Network. Come mix and mingle with other Financial Technologist's Tues January 24. Learn about the newest and fastest changes going on in financial technology. Finance is undergoing a massive change some call the "financial paradigm". Laws from 1930-1940 (old right?) are getting broken down with technological innovation in finance.

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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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Pocketwatch Picks Up $6M For Kids Media Brand

socalTECH

Culver City-based Pocketwatch , a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau (Avatar & Titanic), United Talent Agency (UTA), Robert Downey Jr. (Downey Ventures) and Chris Jacquemin (WME).

Downey 113
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Becoming Investor Ready - Deal Practice Pitch

SoCal Tech Calendar

Tuesday, March 28, 2017 -- Becoming Investor Ready - Deal Practice Pitch. Watch three 12-minute investor presentations followed by investorsÂ’ questions. You will see and experience what it is like to rapidly answer investor questions and determine if you are ready to present your deal to potential Angel Investors.

Angel 100

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9 Ways To Spot An Opportunity For A New Business

Startup Professionals Musings

As an advisor to startups and entrepreneurs, I often hear the myth that all new businesses must start with a great idea. I have to disagree. I believe the best entrepreneurs start by finding a large opportunity, and only then use good ideas to capitalize on that opportunity. The best opportunities are recognized from painful needs, plus a growing population of customers with money to spend.

Ideas 59
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Edlio Acquires Sangha, Raises $40M

socalTECH

Los Angeles-based educational content management software developer Edlio said late Tuesday that it has acquired Sangha , the developer of a personalized, mobile parent interaction app. Financial terms of the acquisition were not announced, however, Edlio said the acquisition and integeration of Sangha was being funded by a $40M investment from private equity investor L Squared.

Education 113
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Building a Local Innovation Ecosystem

Xconomy

Co-authored with Rudy Gadre , general partner at Founders’ Co-op. Western Washington is already home to some of the most innovative people, companies, and academic programs in the world. And yet we should be doing much more to connect and support our local innovators, to attract more agents of change to the region, and to help them develop big new things.

Help 55
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Green Commuter Launches Tesla Model X Vanpool Service

socalTECH

Los Angeles-based Green Commuter said on Tuesday that it has begun its vanpool operation in Los Angeles, using Tesla's Model-X 7 passenger SUVs. According to Green Commuter, it has begun leasing its fleet of Tesla Model X electric vehicles to vannpoolers, with a single vanpool between Palmdale and Valencia, and 86-mile round trip daily commute. Green Commuter says it plans to deploy an additional 10 Tesla Model X vehicles in the spring, with plans to have the fleet at 50-80 units by the end of t

Palmdale 113
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Join David Baltimore, Nicole Glaros, Nathan Myhrvold, & More at Our Napa Summit

Xconomy

Year after year, Xconomy has gathered exemplary business leaders, investors, and far-seeing technologists to our most prestigious event— The Napa Summit. This year is no different. Come join us in the heart of wine country on June 8 and 9 to listen to visionary speakers and connect with fellow innovators. The Napa Summit is by invitation-only, and attendance is limited to under 100 guests.

Email 45
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Purple Squirrel Raises $2.7M To Help You Network Your Way Into A Job

socalTECH

Venice, California-based Purple Squirrel , a new startup focused on helping people network with employees of existing companies in order to get an inside track on jobs, has raised $2.7M in a seed funding. The funding was led by CrossCut Ventures, and also included Greycroft, Arena Ventures, Luma Launch and 500 Startups. The startup is led by Jon Silber.

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