Sat.Mar 23, 2019 - Fri.Mar 29, 2019

Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital

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Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. The summit is now associated with March Capital Partners (www.marchcp.com).

Angel Investing 101 Workshop

SoCal Tech Calendar

Wednesday, April 3, 2019 -- Angel Investing 101. Tech Coast Angels. It turns out that angel investing is more than art - it's also very much a science. How do we know? And knowing and understanding this Data can be the difference between making money and getting fleeced. On April 3rd, 2019 we're pleased to offer you another round of the popular "Angel Investing 101" workshop. It is run by legendary angel investor, co-founder of TCA-SD and former Kauffman Foundation EIR, Bill Payne.

Invest 100

Santa Monica's Science Inc. Backs Electric Motor Startup In $4.5M Funding

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Santa Monica-based Science Inc. , the startup studio led by former MySpace CEO Michael Jones and startup veteran Peter Pham, is the lead investor in electric motor startup Linear Labs. Linear Labs, which is developing electric motors it says produce twice the torque or force compared to conventional technologies in the same package size, said it raised $4.5M in a seed funding round, led by Science Inc. and Kindred Ventures, and also included Chris and Crystal Sacca, Saltwater Ventures and others.

Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite.

Help 285

One Simple Way to Eliminate Distractions in a Board Meeting

Both Sides of the Table

Slides 303

Think ahead when raising your early investments

Berkonomics

Some businesses just can’t fit within the angel capital or friends and family model for raising funds. Sooner or later you may need to seek venture capital and accommodate the needs of the venture community in negotiating the terms of an investment. What VC’s can and cannot do.

Invest 156

More Trending

So You Want to Start a Cybersecurity Company?

Xconomy

Cybercrime has become a global epidemic. Attacks will cost the world $6 trillion by 2021, research firm Cybersecurity Ventures says- –the greatest transfer of economic wealth in history and more profitable than the trade in all major illegal drugs.

How I Got Funded

SoCal Tech Calendar

Wednesday, April 3, 2019 --.

XPRIZE Foundation Rolls Out New, $1M Moonshot Award

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Los Angeles-based XPRIZE , the nonprofit which manages and operates competitions intended to spur significant advances in technology, says it has rolled out a new, $1 million award, which it calls the Moonshot Award. According to the Foundation, the award will go to an XPRIZE team demonstrating the achievement of a "moonshot" technological feat--even outside the parameters or timeframes of an XPRIZE competition.

Dvele Picks Up $14M For New Home Building Startup

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San Diego-based Dvele , a new, technology startup which is using technology that allows people to order up, custom-febricated homes, and handles everything from design to on-site construction, has raised $14M in a funding round, the company announced on Thursday. The startup said the Series A funding was led by real estate investment company Crescent Real Estate.

Design 122

Semtech Gets Win In AV Application

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Camarillo-based Semtech announced a win on Wednesday morning, saying that one of its chipsets has been selected for an audio visual application. According to Semtech, Christie, a developer of visual and audio technology, is using its BlueRiver platform for SDVoE (Software Defined Video over Ethernet) in a lineup of controllers, transmitters, and receivers. Those devices are used for immersive, multi-screen events and for 4K video content. Shipping volumes on the design were not announced.

The Trade Desk Launches In China

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Ventura-based programmatic advertising technology developer The Trade Desk said this morning that it has officially launched its programmatic ad buying platform in China. According to The Trade Desk, the move comes as global advertisers are looking to reach audiences in China, and because the country is a key growth market.

HyperX Launches New Microphone For Gamers

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Fountain Valley-based videogame accessory maker HyperX , which is part of Kingston Technology, says it has launched a new microphone specifically aimed at streaming and audio recording. The company--which focuses on gamers--said the HyperX QuadCast microphone includes four polar pattern choices, a gain control, pop filter, and other features. The new microphone costs $139.99, and is targeted at gamers using PC, PlayStation 4, and Mac platforms. READ MORE>>.

Kyriba Finds $160M In Majority Private Equity Funding

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San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 billion. According to Kyriba, the investment will help it accelerate innovation and growth of its platform.

Equity 116

Grindr's Chinese Owner Pressured To Sell Company

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The current, Chinese owners of gay and bisexual dating app developer Grindr is being pushed to divest the company, on concerns over national security, according to a report from Reuters. Grindr is owned by Beijing Kunlun Tech Co Ltd., which acquired Grindr in 2016. According to the report, the Committee on Foreign Investment in the United States (CFIUS) is concerned about Kunlun Tech's access to personal data derived from Grindr's service.

LA Area Uber Drivers Go On Strike

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A group of Los Angeles area Uber and Lyft drivers have gone on strike , protesting a 25 percent cut in pay rates in Los Angeles. According to the group Rideshare Drivers United , Uber recently implemented a 25 percent wage cut to its drivers here. The group is now seeking a guaranteed, $28 per hour minimum rate for drivers. Rideshare Drivers United had called for a 25 hour strike, from midnight at 3/25 until 1 am 3/26.

Blind Squirrel Entertainment Names CFO

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Santa Ana-based videogame developer Blind Squirrel Entertainment , which develops such titles as Xcom 2, The Sims 4, Prey, Bioshock, and others, said on Thursday that it has named Steve Sardegna as the company's new Chief Financial Officer. Sardegna had previously served as Executive Vice President, Chief Financial Officer and Co-founder for fifteen years at Foundation 9 Entertainment, and also served at such companies at Vulcan Programming, Virgin Interactive Entertainment, and KPMG.

EDF Renewables Wins Wind Project Deal With Tucson Electric

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San Diego-based renewable energy developer EDF Renewables North America reported a win on Thursday, with Tucson Electric Power (TEP). According to EDF Renewables, it will build a 247.4 megawatt wind project, the Oso Grande Wind Project, in southeaster New Mexico, for TEP. Financial details of the win were not announced. According to the company, the project includes 61 wind turbines, and will be TEP's largest renewable energy resource.

Rocket Lab Delivers Another Payload To Space

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Huntington Beach-based rocket developer Rocket Lab , which has developed a rocekt specifically for launching small satellite payloads into space, had a successful launch on Thursday, sending a payload for DARPA into orbit. According to Rocket Lab, the R3D2 mission successfully launched form its launch complex in New Zealand at 23:27 UTC, on its Electron rocket.

Design 109

MiLA Capital Raises First Venture Fund

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MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Size of the fund was not announced. The fund--led by Carmen Palafox, Noramay Cadena, and Shaun Arora--says it has so far made investments into 16 companies since 2015.

HyperX Expands Rosters Of Brand Ambassadors, Adds Soccer's Raphael Varane

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Fountain Valley-based gaming accessories maker HyperX announced this morning that it has expanded its roster of brand ambassadors, and has added French soccer player Raphael Varane as a HyperX Gaming Brand Ambassador. Varane plays on the French national team. Financial details of the endorsement deal were not announced.

Esri Expands In India With New Research Center

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Redlands-based geographical information systems (GIS) and mapping software developer Esri , best known for its flagship software, ArcGIS, said this morning that it has opened up a new research and development center in India. According to Esri, the new R&D center is based in New Delhi, and will focus on data science, deep learning, and geospatial artificial intelligence (GeoAI) development. Esri said the new R&D center is the fifteenth that it operates.

Virtium Sets Two New VPs

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Rancho Santa Margarita-based Virtium , which develops solid state disk drives, announced today that it has added two new vice presidents. According to the company, it has named Jacques Issa as Senior Vice President of Strategic Marketing, and Shane Mortazavi as Vice President of Operations. Issa previously served at Microsemi, and Mortazavi was most recently Vice President of Global operations at Emcore, and also served at General Monitors and Thomas & Betts Corp. READ MORE>>.

Envy Medical Acquired By Allergan

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Long Beach-based Envy Medical , a developer of medical aesthetics products, has been acquired by pharmaceuticals giant Allergan , the companies said on Tuesday. Financial details of the acquisition were not announced. According to Allergan, the deal will help it enhance its medical aesthetics portfolio. Envy's flagship line is Dermalinfusion, a non-surgical, non-invasive skin resurfacing system for the face and body. READ MORE>>.

Tinder's Sean Rad Seeks Dismissal Of Lawsuit

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Sean Rad , the co-founder of dating app developer Tinder , is seeking to have a $250M lawsuit filed against him by Tinder owner Match Group dismissed in court. Match Group had counter-sued Rad in January , saying that Rad had copied proprietary information and internal files before leaving the company, violating his employment contract. The lawsuit came after Sean Rad and other former Tinder employees sued Match Group over undervaluing Tinder in order to deprive the employees of equity.

Equity 109

Wheels, Started By Founders of Wag, Comes To LA

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Need a way to get around Los Angeles, but just can't handle those scooters? Wheels , a new startup from the co-founders of Wag , announced this morning that the company has started offering up access to its electric powered, two wheel bicycles in Los Angeles, as it expands from its base in San Diego. The company--which has offices in both LA and San Diego--said it is launching in Venice, Hollywood, Brentwood, West LA, Westwood, Miracle Mile, Mid City and other local LA markets.

Zyxel Rolls Out Mesh Wi-Fi Product

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Anaheim-based networking and connected home products maker Zyxel has launched a new, mesh Wi-Fi product this morning, aimed at used in small, single story homes. According to Zyxel, its new Multy U AC2100 Tri-Band WiFI systems provides a mesh wireless product which extends high speed connectivity and roaming into all corners of a home. The product costs $199.99 for a two-pack of nodes, or $269.99 for a three pack of nodes.

Illumina, Danish Researchers Aim At Mental Health Using Ancient DNA

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San Diego-based life sciences equipment maker Illumina and a Danish research institution, the Lundbeck Foundation GeoGenetics Centre , said this morning that the two are in a collaboration that seeks to uncover the genetic origins of mental health issues. According to the two, they will be using Illumina's DNA sequencing systems to map the interaction between human DNA and mental disease, saying the "mysteries hidden within hidden DNA" may provide answers to today's mental health issues.

ServiceTitan Launches New Product, Plans Move Into Swank New HQ

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Los Angeles-based ServiceTitan , which develops software for residential home services businesses, says it has launched a new, premium produt called Pricebook Pro --and also announced plans to move into a swank new headquarters in Glendale. According to ServiceTitan, its new software, which is used to generate estimates, includes "vivid images" and easy to understand service descriptions, to help businesses enhance estimates and generate higher sales. Pricing on the new product was not announced.

Fairway Technologies Buys IT Strategists

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San Diego-based Fairway Technologies , a provider of consulting services in the IT area, said it has acquired Los Angeles-based IT Strategists , a provider of big data and data-driven IT consulting. Financial terms of the acquisition were not announced. According to Fairway, the move will help bolster its services, adding cloud data warehousing, support for enterprise tools such as Snowflake, Databricks, and Confluent, and more.