Sat.Mar 31, 2018 - Fri.Apr 06, 2018

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Insurance is always too expensive – until it’s needed.

Berkonomics

I expect that you have a story about how insurance saved you lots of money in your past. As usual, I have a story to make your hair stand on end. But first: here’s a fact. Business insurance is one of the more poorly managed mitigation of risk in small and many medium sized corporations, often because of failure to assign the responsibility to an individual or department, and sometimes just from the willingness to bet against the event and save cash.

Sites 266
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HG Data Names New CEO

socalTECH

Santa Barbara-based HG Data , which develops software for the B2B technology sales and marketing area, said this morning that it has named Elizabeth Cholawsky as its new CEO. Cholawsky replaces founder Craig Harris, who has transitioned to research and development, and will remain a Director and Chairman of the Board of the company. Cholawsky was previously President and CEO of Support.com, and also had been General Manager at Citrix, leading that firm's GoToMyPC and GoToAssist businesses.

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International Entrepreneur Rule

SoCal Tech Calendar

Friday, April 6, 2018 -- International Entrepreneur Rule. What is it? Why does it matter? And where does it stand? MAKE IN LA AND LUMA LAUNCH. Why it matters: 51 percent of our nation's $ 1 billion + VC backed companies have at least one immigrant founder. This shows the importance of immigrant entrepreneurs to the US economy. Jeff Farrah- General Counsel of the National Venture Capital Association will join us to explain what the International Entrepreneur Rule is and where it stands.

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Silicon Beach Report: Aerospace gets $2.85M, from NASA; PeerStreet Raises $29.5M

L.A. Business Journal

PeerStreet raises $29.5 million in Series B; Aerospace Corp. gets $2.85 million grant from NASA; Waze causing accidents on Echo Park’s Baxter Street.

Report 100
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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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5 Common Habits of Digital Leaders

Tech.Co

In an inspiring poem written by Erik Qualman , he recalled a question asked by his father, “What footprints do you want to leave in the sand?” While this metaphor didn’t have much meaning as an adolescent, today his digital leadership has helped brands, organizations, and individuals achieve their best digital legacy. Qualman is a top technology and motivational speaker, bestselling author, futurist, and chairman of Equalman Studios, which has produced film and animation projects for glob

Startup 80
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Virgin Galactic Sees Successful Supersonic Test Flight

socalTECH

Mojave-based Virgin Galactic has returned to supersonic flight, saying that its SpaceShipTwo VSS Unity safely completed its first, supersonic rocket flight on Thursday. The flight is the first rocket powered flight for Virgin Galactic since the 2014 crash of its SpaceShipTwo during similar testing. According to Virgin Galactic, the Unity is the first vehicle built for Virgin Galactic by its sister company, The Spaceship Company.

Company 140

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Silicon Beach Report April 2: Tesla Stock Drops

L.A. Business Journal

Tesla stock drops; Spring Labs raises $14.75 million; ESPN to offer streaming service for $5 a month.

Report 124
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Former NFL Star Darren Woodson: You’re Never Going to Be Perfect in Business

Tech.Co

Any founder will tell you that building a business comes with its fair share of roller coaster rides. One week you are flying high and everything is awesome, and the next week you’re trying to make payroll. Starting and building a business isn’t for the weary, just ask former NFL player-turned-entrepreneur Darren Woodson. “Just like on the football field, you get knocked on your ass, and you get up.

Startup 70
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Getaround Expands Car Sharing Service To LA

socalTECH

Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. Getaround said that car owners in LA can make their automobiles available to others. The San Francisco company's service works through something called Getaround Connect, technology which allows renters to locate and unlock a car using an iOS or Android smartphone app.

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Software Test Professionals Conferenceand Expo

SoCal Tech Calendar

Monday, April 9, 2018 -- Software Test Professionals Conferenceand Expo. STPCon, Where Testers Come to Learn - The Software Test Professionals Conference is the leading event where test leadership, management, and strategy converge. The hottest topics in the industry are covered including agile testing, performance testing, test automation, mobile application testing, and test team leadership and management.

Software 100
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Silicon Beach Report April 6: Netflix Makes Offer to Buy L.A. Billboard Company

L.A. Business Journal

Netflix makes offer to buy L.A. billboard company; car-sharing app moves into Los Angeles; Postmates and DoorDash mulling merger.

Netflix 100
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Nina Vaca, CEO of Pinnacle Group: You Can’t Be What You Can’t See

Tech.Co

Whether it’s a partner, spouse, family, friend, mentor or mom, having a support system is key to any entrepreneur’s success. For Nina Vaca , Founder, Chairman and CEO of Pinnacle Group, she attributes much of her success to the role models in her personal life, business and education, who have fueled her growth and lifted her up along the way. Nina started Pinnacle Group on the floor of her apartment.

Startup 70
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Virgin Galactic, Virgin Hyperloop One Extend Relationship With Saudi Arabia

socalTECH

Virgin Galactic and Virgin Hyperloop One , alon with the Kingdom of Saudi Arabia (KSA) said late Monday that the three have extended their relationship and investment deal, where the parties will work together on the Kingdom of Saudi Arabia's "Vision 2030", a long-term diversification strategy being spearheaded by His Royal Highness Crown Prince Mohammad bin Salman Al Saud.

Invest 133
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Startup Weekend Girl Scouts Greater LA

SoCal Tech Calendar

Sunday, April 8, 2018 -- Startup Weekend Girl Scouts Greater LA. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product.

Startup 100
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Silicon Beach Report April 3: Snap Discussing Office in Saudi Arabia

L.A. Business Journal

Snap discussing office in Saudi Arabia; Grindr caught sharing HIV data with analytics companies; Blackberry to sue Snap.

Report 100
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Cleaner Vehicles Help Make Smarter Cities

Xconomy

Two of the most popular terms in urban planning today are smart cities and clean energy. These concepts naturally go hand-in-hand. As cities get smarter, they use energy more efficiently and in a more controllable fashion, and they are better able to incorporate intermittent clean energy sources. Cities, and the power grids that support them, can use traditional power generation and stationary energy storage to support intermittent resources like wind and solar, but the lowest-cost solution for

Help 70
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Imagion Biosystems Moves US Operations To San Diego

socalTECH

Imagion Biosystems Limited , a company developing early cancer detection testing tools, said this morning that it will relocate its U.S. business operations to San Diego. The Australian company had previously based its US operations in Albuquerque, New Mexico. According to Imagion Biosystems, it made the move because San Diego is one of the largest biotechnology hubs in the U.S., and home to more than 1,200 life science, biopharma and medical device companies.

San Diego 124
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Startup Weekend Girl Scouts Greater LA

SoCal Tech Calendar

Saturday, April 7, 2018 -- Startup Weekend Girl Scouts Greater LA. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product.

Startup 100
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Silicon Beach Report April 4: Fullscreen Acquires Reelio

L.A. Business Journal

Fullscreen acquires Reelio; Facebook data breach bigger than initially reported; Spotify opens at $30 billion.

Report 100
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How Next-Gen Chipmakers Are Raising Money, Taking On Tech Giants

Xconomy

The advent of big fundraising rounds for startup chip innovators—a class shunned by most venture capital firms only a few years ago—seems to mark a turnaround in recent VC attitudes about semiconductor investments. But it turns out VCs weren’t the only driving force behind the change in fundraising prospects for the young companies now inventing chips suited for artificial intelligence tasks, and daring to compete with giant chipmakers such as Intel (NASDAQ: INTC ) and Nvidia (NASDAQ

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Report: Grindr Shared HIV Status, Location With App Optimization Services

socalTECH

A report, published by Buzzfeed on Monday, says that Los Angeles-based gay dating and hookup app Grindr had been sharing information on users' HIV status with two app optimization services, coupled with their GPS data and information. According to a data analysis by a research firm, Grindr apparently had been providing that information to Apptimize and Localytics, two third party developers of app optimization software, which the report claimed could potentially expose the information of Grindr'

Buzzfeed 124
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Startup Weekend Girl Scouts Greater LA

SoCal Tech Calendar

Friday, April 6, 2018 -- Startup Weekend Girl Scouts Greater LA. Are you a Senior or Ambassador Girl Scout who likes to come up with big ideas, invent things, work with others, and learn skills that will help you with school, college, and a future job? Then Startup Weekend is for you! During this exciting event, you will take an idea from nothing to something, pitch to product.

Startup 100
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How Trying To Assassinate Hitler Led To The Beatles’ Sgt. Pepper

InfoChachkie

A version of this article previously appeared in Forbes. I recently enjoyed John Covach’s History Of Rock Coursera course. In an early lecture, he explains how the Nazis’ desire to protect Hitler from assignation led to the invention of recording technology that was ultimately used by musicians to create multi-track recordings, such as the Beatles’ Sgt.

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Xconomy Giveaway: 20 Tickets for Startups at Big Data Meets Big Bio

Xconomy

At Xconomy we know how hard it is to be a startup founder. We’re always meeting bootstrapping entrepreneurs who take that lean startup model a little too literally. So we have some exciting news for startup teams! Due to the generosity of our community supporters, Xconomy has a block of 20 complimentary startup tickets for the Xconomy Forum on Big Data Meets Big Biology , taking place on April 26 at the Alexandria.

Startup 69
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Axonics Finds $40M In Funding

socalTECH

Irvine-based Axonics Modulation Technologies , which is developing medical devices for treating urinary and bowel dysfunction, said today that it has raised $40.1M in financing, split between $20.1M in equity and $20M in a credit facility. The equity funding was led by Longitude Capital, and also included Gilde Healthcare. The credit facility came from Silicon Valley Bank.

Funding 124
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Los Angeles Digital Summit

SoCal Tech Calendar

Wednesday, April 11, 2018 -- Los Angeles Digital Summit. The Definitive Digital Marketing Gathering.

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Qmerit Connects With $11.75M For Supply Chain Software

socalTECH

Irvine-based Qmerit , which develops cloud-based, supply chain software, has raised $11.75M in a first funding round, Qmerit said this week. The funding was led by Strandview Capital, and also included Schneider Electric and innogy Ventures, the venture capiatl arm of German energy company innogy SE. As part of the funding, Strandview's Kevin Covert, and Schneider Electric's Heriberto Diarte both join the company's board.

Software 113
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TeenSafe Names Channel Sales Head

socalTECH

Los Angeles-based TeenSafe , which develops teen driver monitoring software for smartphones, says it has named a new head of its channel sales. According to the company, Aaron Moore has been named Head of Channel Sales, and will work directly with insurance companies. Moore was previously Vice President and Head of the Insurance Practice at Prime Technology Group, and also serv ed at Tata Consultancy Services.

Sales 113
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Jukin Media Names CFO, CPO

socalTECH

Los Angeles-based Jukin Media , which owns such social video properties that includes FailArmy, People Are Awesome, The Pet Collective, and JukinVideo--and provides a whole host of services related to viral and social video for brands, publishers, and media networks--said on Thursday that it has named both a Chief Financial Office and Chief Product Officer.

Media 113
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Lunar XPrize Continues, Albeit Without $30M Award, And Without Google

socalTECH

Los Angeles-based XPRIZE , the nonprofit group which runs a series of competition focused prizes aimed at advancing technology in areas of importance to solve the world's toughest problems--says it has decided to continue its Lunar XPRIZE competition--despite the expiration of the sponsorship of the competition's top $30M award by Google. The prize competition--previously called the Google Lunar XPRIZE Challenge --will now be called the Lunar XPRIZE , and will run sans a cash award.

Google 113
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Tinder Users' Hot Date Night Hindered By Facebook Privacy Changes

socalTECH

Users of popular dating app Tinder might have just lost that opportunity for a hot date they were setting up tonight, after widespread privacy changes by Facebook on Wednesday apparently took some logins offline for Tinder users. Tinder--which is developed in Los Angeles--told users a "technical issue" was preventing logins into Tinder, and that it was working on the issue.

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Lasergen, With Office In San Diego, Acquired By Agilent For $105M

socalTECH

Lasergen , a startup developing technology for the DNA sequencing market--and which has an office in San Diego--has been acquired by Agilent Technologies for $105M, the two said late Tuesday. Agilent already owned a 48 percent ownership stake in Lasergen, as part of an investment it made in March of 2016. Agilent said the buy will help it grow in the diagnostics space and build a complete routine clinical NGS (Next Generation Sequencing) workflow.

San Diego 113
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Snap Sued By BlackBerry Over Patents

socalTECH

Venice, California-based Snap has been sued by BlackBerry Ltd. , in a patent infringement suite filed with the U.S. District Court, Central District of California (Los Angeles)--the result of a patent litigation push by BlackBerry Ltd. as it seeks new revenue sources. The lawsuit, BlackBerry Ltd. v. Snap Inc., looks similar to another lawsuit filed by Blackberry last month against Facebook, alleging Snapchat's app uses messaging technology owned by the company.

Patents 113
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Key Information Systems Acquired By Converge Technology Partners

socalTECH

Agoura Hills-based Key Information Systems , a provider of systems integration, compute, storage, and networking solutions and services, has been acquired by Converge Technology Partners , the two companies announced on Tuesday. Financial terms of the buy were not disclosed. Converge Technology Partners is based in Toronto, Ontario, Canada. According to the two, the acquisition will help provide Converge with a strong footprint within the Western United States.

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WiSilica Names CFO, COO

socalTECH

Laguna Hills-based WiSilica , a developer of Bluetooth Mesh technology used in the Internet-of-Things (IoT) market, said today that it has named Scott Poteracki as its new Chief Financial (CFO) and Operating Officer (COO). Poteracki was most recently COO and CFO at Cubex LLC. Poteracki also has served at Motorola, Broadcom, Cray, MTI, and Nexiant. WiSilica has previously raised venture funding from such investors as Anchor Asia Management, Aurotek, and FirstFloor Capital.

Capital 113
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Report: Snap To Set Up Offices In Saudi Arabia

socalTECH

A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market. Saudi Arabia appears to be in talks with a number of Southern California companies to link their technology back to the kingdom; just this morning , the Virgin Galactic and Virgin Hyperloop One, along with t