Sat.Oct 17, 2015 - Fri.Oct 23, 2015

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What To Do When Your Competitor Gets Funded?

Both Sides of the Table

This morning Clutter.io announced they raised $9 million from Sequoia , arguably the best venture capital firm that exists. Congratulations. Sincerely. Conventional wisdom says I shouldn’t tell you this because I invested in their main competitor, MakeSpace. I know my MakeSpace friends will forgive me because I just don’t believe the conventional wisdom is right.

Funding 298
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Raise money on good news

Berkonomics

The first rule for raising money is to do it on good news – right when sales are increasing at an increasing rate. Or when a major customer signs a significant deal. Or when something happens that makes an investor think this company is about to break out. Unfortunately, the longer you wait without significant upward news, the harder it is to get attention.

News 163
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Decisive: Decoding The Emotions Behind Social Sharing

socalTECH

What is is that makes you want to share one piece of content with your friends, but not another? Is one color better than another for sharing photos? Exactly what is the magic behind if a piece of content goes viral or not? We recently ran into a Disney Accelerator startup in Burbank, Decisive (https://decisive.is/), which has created software which is able to apply predictive analytics and software to do exactly those things, and more.

Content 162
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8 Practices to Promote Urgency Within Your Startup

Startup Professionals Musings

The business world is changing ever more rapidly these days. If you see a need or a big opportunity but don’t act fast enough, the opportunity will pass or a competitor will get there before you do. Customers and opportunities don’t wait. If your startup culture doesn’t include a sense of urgency, your probabilities of long-term success are miniscule.

Startup 103
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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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Empowering Oracle OpenWorld with Data from Dun & Bradstreet

Tech Zulu Event

Excited about Oracle Open World? Me too. But what is it exactly? Just another one of those massive IT networking conferences? What can I possibly learn by attending? Who might I be able to meet and connect with? I’ve been invited to attend this year by Dun & Bradstreet to learn about how their data solutions power the Oracle Cloud Platform.

Oracle 83
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Meater Helps you Get a Perfect Steak, Every Time

Tech.Co

If you’ve got even a modicum of grilling experience under your belt, then you know it only takes a few moments of inattention to totally ruin a good cut of meat. In my opinion, one of the best tools you can have aside from experience is a meat thermometer. The problem is that they’re unwieldy sometimes and don’t give the most accurate read out depending on what model you buy.

Help 70

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10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

If an entrepreneur can’t build a culture of excitement and commitment at a startup, the chances of long-term success are negligible. It simply doesn’t matter how great your solution is. Every investor knows this. That’s why they insist on spending a day with your team as part of the due diligence process. A winning culture is easy to see, and a culture of fear and desperation is hard to hide.

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Cedars-Sinai and Techstars Partner to Launch Healthcare Technology Accelerator

Tech Zulu Event

Cedars-Sinai today announced its partnership with Techstars to launch their first-ever Techstars Healthcare Accelerator , in partnership with Cedars-Sinai, a three-month program that will enable entrepreneurs to propel the global healthtech industry. Marking the 10 th Techstars corporate program, the accelerator will provide funding, three months of mentorship and guidance from senior leadership at Cedars-Sinai and the Techstars network of more than 7,000 founders, mentors, investors, and corp

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Venture Outlook 2016

Both Sides of the Table

There is a lot of uncertainty about the state of the private, high-growth technology markets and the venture capital markets that underpin them. On the one hand innovation is clearly at an all time high unleashed by smart phones, fast telecom networks, social networks that spread commerce and the fact that we are all one click away from buying things on Amazon, Apple, Google or PayPal.

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Amgen Foundation Commits $4M More For Biotech Labs In Schools

socalTECH

Thousand Oaks-based Amgen , via its nonprofit arm, The Amgen Foundation , said Wednesday that it will spend more than $4M to help bring hands on biotechnology labs to schools. Amgen said it the funds will supports its existing program, the Amgen Biotech Experience, which brings labs to schools across the United States, Puerto Rico, United Kingdom and Ireland.

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8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

Most technologists have little interest in the mechanics of starting and building a business. That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. In fact, an entrepreneur friend of mine, who made millions on her marketing expertise, asserted recently that most inventors fail in business because th

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5 Technology Tools that Could Change the Construction Industry

Tech Zulu Event

The construction industry is worth almost four billion dollars. This value is expected to increase as technology is rapidly changing the construction industry. Below explains five ways that technology is revolutionizing the construction industry. Google Glass. Google Glass is a proprietary invention of the well-known technology developer company Google.

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Techstars Launches New Healthcare Accelerator In LA

socalTECH

Startup accelerator operator Techstars has opened up a its second, startup accelerator in Los Angeles today, the Techstars Healthcare Accelerator. The new accelerator is being run alongside Cedars-Sinai , and will focus on health and healthcare delivery. The two said they will provide up to $120,000 in funding for each team in the program, which will run for 13 weeks, from March 28th until June 23rd, 2016, taking 6-10 percent of equity in each startup in the program.

Burbank 148
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Insights: Raise Money On Good News

socalTECH

For today's Insights and Opinions section, where we feature contributions from our readers and the community, we have a bit of advice from angel investor Dave Berkus , who says, Raise Money On Good News. The first rule for raising money is to do it on good news � right when sales are increasing at an increasing rate. Or when a major customer signs a significant deal.

News 143
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cielo24 Gets $5M For Video Search, Captioning API

socalTECH

Santa Barbara-based Cielo24 , a developer of technology to which helps caption and make online video searchable, has raised $5M in a Series A funding. The funding was led by ff Venture Capital, and also included North Base Media, Pereg Ventures, Indicator Ventures, Wavemaker Partners and others. cielo24 is led by Brian Plackis-Cheng. cielo24 develops technology to provide captions, transcripts, indexes and other data via an API.

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NantWorks Pays $50M For Majority Stake In Precision Biologics

socalTECH

Los Angeles-based NantWorks said this morning that it has acquired a majority stake in Precision Biologics with a $50M investment in the company. Precision Biologics is a biopharmaceutical company which is developing tumor-specific monoclonal antibodies (mAbs) and companion diagnostics to treat solid-tumor cancers. NantWorks said the acquisition will help bolster its cancer treatment efforts.

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RealtyMogul Names VP Residential Finance

socalTECH

Los Angeles-based online real estate marketplace RealtyMogul.com said Thursday that it has promoted Amy Wu to the position of Vice President of Residential Finance, and also put Wu in charge of its team in Irvine. Wu was most recently serving as Vice President of Enterprise Solutions at the company, and she also has served at Banc of California, State Street, Citi, Encore Credit Corp., and CB Richard Ellis.

Equity 138
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Hulu To Stream James Bond Movies, More

socalTECH

Los Angeles-based streaming video site Hulu is getting set to start streaming nearly every episode of the classic James Bond, 007 films, starting on November 1st, the company said this week. Hulu announced its upcoming lineup this week, saying it would start showing such films as Diamonds Are Forever, For Your Eyes Only, From Russia With Love, Goldfinger, License to Kill, Live and Let Die, The Living Daylights, Man With The Golden Gun, Moonraker, Never Say Never Again, Octopussy, On Her Majesty'

Hulu 138
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U.S. To Require Drone Registration

socalTECH

The U.S. Department of Transportation has announced a move to require all, recreational drone users to register their drones with the government, after a rash of near close-calls and rampant drone proliferation with hobbyists. According to the USDOT, it has created a task force which will develop recommendations, to be put forth on November 20th, to increase accountability of users for their drone operations.

Help 138
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Vet On Demand Launches New Service To Connect Pet Owners, Vets

socalTECH

Santa Monica-based Vet On Demand announced a new, on-demand pet health app for iOS and Android this morning, which lets pet owners get remote, consultations from veterinarians. The company--which says it is als now offering up its service via a subscription model--lets pets owners directly contact veterinarians for questions. The company says it charges $25 for a 10-minute veterinary consultation, with subscription plans for repeat users expecting multiple calls per month.

Demand 136
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Western Digital Buys SanDisk For $19 Billion

socalTECH

Irvine-based Western Digital announced this morning that it has acquired SanDisk Corporation , the maker of NAND flash memory, in a deal wort $19 billion. Western Digital said it would pay $86.50 per share for SanDisk, split between $85.10 per share in cash and 0.0176 shares of Western Digital common stock for every share of SanDisk. Western Digital said the deal will help it secure a stable supply of NAND memory, at lower cost.

Help 135
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DigiTour Media Raises Around $10M In Funding

socalTECH

Los Angeles-based DigiTour Media , which produces events and concerts centered on YouTubers and other social media celebrities, has reportedly raised around $10M in a funding round, from Viacom, LionTree Entertainment, and Slow Ventures. The investment reportedly gives Viacom a significant minority stake in DigiTour, which is led by Meredith Vallando Rojas.

Media 132
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Workpop Adds Twitter's Biz Stone To Board

socalTECH

Loss Angeles-based job marketplace and community Workpop has added Twitter co-founder Biz Stone to its board, according to the company. Stone was already an investor in the company, having invested in the company in 2014. Workpop says its board now includes co-founders Chris Ovitz and Reed Shaffner, along with Trinity Ventures' Dan Sholnick. Workpop, in the same announcement, also said it has launched its second city, in San Diego; the company also plans to expand in Texas later this year.

San Diego 132
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Sonos Adds Amazon Prime Music Support

socalTECH

Santa Barbara-based whole home, streaming music system maker Sonos has added support for Amazon Prime Music to its sytsems, letting users stream songs from Amazon's music service through its systems. Sonos said the company's products now also support Prime Stations, Amazon's theme-based music stations, and can also play from curated Prime Playlists.

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SaneBox's New Tool, SaneConnect, Finds Warmer Intros Using Email

socalTECH

Venice, California-based SaneBox , the developer of email tools to help users better manage the flood of emails in their inbox, has rolled out a new product it says can help better figure out who in your company can make a warm intro to potential customers and partners. According to the company, its new product, SaneConnect, analyzes a company's email to help figure out if anyone else in your organization has a stronger relationship with an employee at your target company.

Email 131
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Imprimis Pharmaceuticals Buys Compounded Sinus Medication Provider

socalTECH

San Diego-based Imprimis Pharmaceuticals announced this morning that it has acquired what it says is the largest provider of compounded, sinus medication in the U.S. Imprimis said it acquired the Topical Apothecary Group, LLC (d/b/a TAG Pharmacy), Aerosol Science Laboratories, Inc. (d/b/a ASL Pharmacy), SinuTopic, Inc. (d/b/a Sinus Dynamics Pharmacy) and Mycotoxins, LLC., all of which were part of Thousand Oaks Holding Company.

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Guidance Names New Marketing VP

socalTECH

Marina Del Rey-based Guidance , which helps brands and retailers build online websites and apps, said Monday that it has named Jeff Hererra as its new Vice President of Marketing and Channel Development. Hererra was previously Head of Partner Marketing at Magento. He also has served at Visa. Guidance says it has helped such brands as Foot Locker, Johnny Was, Relax the Back, TOMS Shoes to create their websites and apps.

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Science 37 Raises $6.5M

socalTECH

Los Angeles-based Science 37 , a provider of technology-enabled, clinical research services, has raised $6.5M in a Series A funding round. The funding was co-led by Lux Capital and dRx Capital. Science37, which is led by CEO Noah Craft, says it is using telemedicine and mobile workforces to help overcome inefficiency in conducting clinical trials, and specifically to help clinical trials run distributed clinical trials, using national mobile nursing companies, pharmacy chains, patient advocacy g

Research 131
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Microsemi Makes $2.4 Billion Bid For PMC-Sierra

socalTECH

Aliso Viejo-based semiconductor developer Microsemi > has made a $2.4 billion bid for PMC-Sierra , saying it is proposing to acquire the fellow semiconductor developer for $11.50 per share--$400 million more than a deal brokered between PMC-Sierra and Skyworks Solutions earlier this month. Microsemi said its proposed acquisition would produce a company with $1.75 billion of combined revenues, and would complement its optical and switching portfolios.

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SunBrite TV Acquired By SnapAV

socalTECH

Thousand Oaks-based SunBrite TV , a manufacturer of large screen, HDTV screens specifically designed to be installed outdoors, next to pools, on patios, and elsewhere, has been acquired by SnapAV , which is owned by private equity investor General Atlantic. Financial terms of the acquisition were not disclosed. SunBrite TV's displays are used both in residential and commercial installations.

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Prevoty Opens New HQ In Silicon Valley

socalTECH

Los Angeles-based application security monitoring software developer Prevoty said this week that it has expanded into Silicon Valley, and has opened up a new office in Menlo Park which will serve as its headquarters. According to the company, it will move its marketing, sales, and operations out of Menlo Park, while maintaining its product development in Los Angeles.

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Clutter Raises $9M From Sequoia For On Demand Self Storage

socalTECH

Los Angeles-based Clutter , an on-demand, self-storage startup which helps consumers store and organize their belongings, has raised $9M in a Series A funding. The funding came from Sequoia Capital. As part of the funding, Omar Hamoui of Sequoia has joined the company's board. According to Clutter, ,it will use the new funding to aggressively expand its sales and marketing, broaden product development and help it expand in cities and regions throughout the U.S.

Demand 125
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Instantly Upgrades Offering

socalTECH

Los Angeles-based Instantly , the provider of market research and sampling tools, said it has upgraded its offerings, adding a number of key updates to its tools. According to Instantly, it is now offering up unrestricted access to its Instantly Automated Sample tool, which lets businesses target specific consumer for their research. Other updates include new templates for targeting specific customer segments, like millennials, grocery shoppers, and others.

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PatientSafe Solutions Buys Vree Health

socalTECH

San Diego-based PatientSafe Solutions , a developer of healthcare and patient coordination ssoftware, said Wednesday that it has acquired all of the assets of Vree Health. Vree Health was a wholly owned subsidiary of Merck. Financial terms of the acquisition were not announced. According to PatientSafe, the acquisition will help expand its existing offerings.

San Diego 125
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Kaleo Software Finds $7.0M For Employee Knowledge Sharing

socalTECH

El Segundo-based Kaleo Software has raised $7.0M in a funding round, to go towards its employee knowledge sharing software. The funding was led by OMERS Ventures and also included Saturn Partners, Karlin Ventures, Qualcomm Ventures, Double M Partners and Greycroft Partners. Kaleo Software helps connect employees with a company's other, internal resources and experts.

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Tealium Opens Office In Japan

socalTECH

San Diego-based tag management software developer Tealium announced Tuesday that it has opened up a new office, in Japan, to expand the availability of the company's software in that country. Tealium also has launched a local language version of its products for the market. The company said it has appointed Andy Clark as its new General Manager of Asia Pacific; Clark previously served at Limelight Networks, Crossbeam Systems, RightNow Technologies, and IBM.

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