Sat.May 02, 2020 - Fri.May 08, 2020

Uber drivers and riders will be required to wear face coverings

TechCrunch LA

Uber is planning to require drivers and riders to wear face masks as it prepares to ramp its ride-hailing business back up after being hobbled by the COVID-19 pandemic. CNN was first to report that executives approved a new policy that would require drivers and riders to wear face masks or coverings in some markets, including the U.S. TechCrunch confirmed Monday that Uber has developed a policy for certain markets.

Have you experienced your disaster recovery event yet?

Berkonomics

Have you ever lost all your data on your smartphone, laptop, company server or desktop PC? If not, it is probably only a matter of time until you do. Those of us who have experienced this heart-stopping event now regularly back up our data and many of us create daily images of our entire hard drives often, ready this time to address an effective recovery. The initial shock of data loss.

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Modern Animal Provides Clients Virtual Pet Care

L.A. Business Journal

Modern Animal Inc., a company that provides telemedicine services in its veterinary clinic, opened its first location in Beverly Grove in April

Alteryx Offers Up Free Data Science, Analytics Training

socalTECH

Irvine-based data science and analytics software developer Alteryx says it is offering up free training to help train workers who have found themselves unemployed due to the COVID-19 pandemic. According to Alteryx, the new program--Advancing Data and Analytics Potential Together (ADAPT)--is an extension to its corporate social responsibility initiative, Alteryx For Good.

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.

How To Make New Venture Innovation Thinking Look Easy

Startup Professionals Musings

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? I have always wondered if innovation required some rare gene mutation, or whether I might be missing a simple formula for unlocking the ability in any intelligent business person to innovate.

The Mindset of an Investor Today: Tim Draper

SoCal Tech Calendar

Wednesday, May 13, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 5/13/20 - Tim Draper, Founder, Draper Associates. See [link] (more

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EDF Renewables Puts 200 MW Wind Plant Into Operation

socalTECH

San Diego-based EDF Renewables North America and Iowa energy company Alliant Energy said they have commenced commercial operation of a 200 MW wind project. According to the two, the 200 megawatt Golden Plains Wind Project started operations on March 27th, and is now serving Iowa customers. The project is based in Winnebago and Kossuth counties in the north central portion of Iowa. EDF Renewables says it has now developed or put into service a total of 1.4 gigawatts (GW) of wind capacity in Iowa.

5 Keys To Starting New Trends Rather Than Following

Startup Professionals Musings

I’m sure all of you are convinced that your new business will create the next trend and ride the wave to success, but the reality is that most startups fail , so anticipating future trends is clearly harder than it seems. In my experience, it takes more than a gut feel, so predicting breakthrough changes and new trends is a skill that must be learned, and made part of your business process.

COVID-19 and Fungal Superinfections: The Deadly, Perfect Storm

Xconomy

Virtually unknown just a few months ago, the COVID-19 pandemic has already resulted in over 239,000 deaths worldwide —including over 67,000 in the United States alone. Now, emerging reports suggest that as many as one third of patients with severe COVID-19 infection requiring intensive care may also be battling another life-threatening infection: invasive aspergillosis, a deadly fungal superinfection caused by Aspergillus mold.

SpaceX Wins $135 Million Contract

L.A. Business Journal

Space Exploration Technologies Corp., the Hawthorne-based aerospace company, was awarded a $135 million contract by NASA as part of a nearly $1 billion effort to return astronauts to the moon by 2024

Caltech, Fullstack Team On Online Cybersecurity Program

socalTECH

A division of Pasadena-based Caltech , the Caltech Center for Technology and Management Education (Caltech CTME), is teaming up with Fullstack Academy to offer up a cyber training program online, Fullstack said on Tuesday. According to Fullstack Academy, the Caltech CTME Cybersecurity Bootcamp by Fullstack Academy is intended to turn beginners into cybersecurity professionals in as little as 12 weeks.

How To Develop Potential Leaders In Your New Venture

Startup Professionals Musings

Every startup founder rightfully starts out as the single leader of the startup, but as the business grows, many entrepreneurs struggle with relinquishing any control, or fail to recognize and allow other leaders to emerge. The result is that the business becomes dysfunctional as growth stagnates, and entrepreneur health and happiness decline. The right alternative is to focus on finding and delegating some control to the hidden leaders in your startup.

Trovagene Rebrands as Cardiff Oncology, Promotes Longtime Exec to CEO

Xconomy

Trovagene (NASDAQ: TROV ), which started out as a diagnostics company, has renamed itself Cardiff Oncology to better reflect its focus on the cancer drug it is advancing in three clinical trials. In 2017 the San Diego area-based biotech made the first step in its transformation into a drug development-focused organization, licensing rights to an investigational cancer drug from Italy’s Nerviano Medical Sciences.

7 Essential Tools For Work From Home Marketers

AllTopStartups

With the COVID-19 pandemic putting the world at a standstill, several big and small companies (including SEO agencies in Los Angeles) have asked their employees to work remotely so they… The post 7 Essential Tools For Work From Home Marketers appeared first on AllTopStartups. Insights START AND GROW Home productivity Working

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Love Goodly Acquired By NOVICA

socalTECH

Los Angeles-based Love Goodly , the women's subscription box company that was founded by Justine Lassoff and Katie Bogue Miller, has been acquired by Santa Monica-based Novica , which operates an e-commerce marketplace focused on handmade decor, art, and jewelry. Financial terms of the acquisition were not announced. Love Goodly was part of the Quake Seed Capital accelerator program, and was backed by Third Wave Digital/Allen DeBevoise.

8 Business Execution Strategies That Lead To Success

Startup Professionals Musings

I’m sure you have all seen entrepreneurs and startups with great ideas that never seem to live up to their potential, while others with more mundane solutions seem to take off quickly and never slow down. In my experience as an advisor to startups, the difference is almost always related to the founder and their execution strategy , more so than to the solution quality or the market.

Encouraging Signals for New Cancer Cell Therapy Strategies

Xconomy

Chimeric antigen receptor T-cell therapies have shown remarkable efficacy in leukemia and lymphoma patients who relapsed or were refractory to several prior treatments, but many challenges remain in the cancer cell therapy field. Strategies that may improve upon first-generation therapies were presented during the American Association for Cancer Research virtual meeting with encouraging early activity, but these treatments also have hurdles to overcome.

HyperX Selected For HP Desktop PCs

socalTECH

Fountain Valley-based HyperX , the developer of gaming products and memory which is a subsidiary of Kingston Technology, has scored a design win with HP, the company said today. According to HyperX,j it will provide its HyperX FURY DDR4 RGB or FURY DDR4 memory products into HP's new OMEN Desktops and upgrades. The memory will be part of HP's OMEN 25L and OMEN 30L desktops. Shipment volumes and expected financial impact of the win were not annoucned. READ MORE>>.

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Platinum Fortune Acquires UK Video Game Developer Jagex

socalTECH

Los Angeles-based private equity investor Platinum Fortune LP says it has acquired one o the UK's largest video game developers and publishers, Jagex , in a deal worth $530M. Jagex is best known for its franchise, RuneScape. According to Platinum Fortune, it acquired Jagex from Shanghai Hongtou Network Technology , which is a subsidiary of Shanghai Fukong Interactive Entertainment Co, Ltd. Platinum Fortune said that Jagex will continue to be run by its existing management team.

Rogue Games Gets $2M

socalTECH

Los Angeles-based Rogue Games , an independent game publisher, said on Friday that it has raised $2M in a funding round. The game developer--which publishes such titles as Sociable Soccer, Wild Life, Swift Knight, Mind Symphony, Hexaflip, and other games, said the funding was led by Runa Capital, and also included Mighty Capital, Grishin Robotics, Liquid 2 Ventures, and Ronnie Lott. Liquid 2 Ventures is the venture firm of NFL quarterback Joe Montana. Rogue Games is led by CEO Mike DeLaet.

Semtech Gets Design Win With YoSmart

socalTECH

Camarillo-based analog and mixed-signal semiconductor provider Semtech Corporation has scored a design win for its LoRa wireless products, saying this week that YoSmart will use its LoRa devices in a new line of Internet of Things (IoT) products. Semtech said YoSmart will use LoRa in its YoLink product line, which connect a variety of home applications, including doors, security systems, electrical outlets, and water piping to accurately monitor data in real time.

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GoodRx Launches COVID-19 Testing Marketplace

socalTECH

Santa Monica-based GoodRx , which operates an online health marketplace, says it has launched a new lab marketplace to help patients find COVID-19 testing options. According to GoodRx, its marketplace offers educational information along with access to two providers of COVID-19 tests, and at-home and walk-in testing options. The company says it plans to add more test and providers as they become available.

Green Dot Taps Former Walmart Exec As Chief Product Officer

socalTECH

Pasadena-based Green Dot Corporation , which offers up banking services, and is best known for its prepaid Mastercard products, has named former Walmart executive Daniel Eckert as Executive Vice President & Chief Product, Strategy and Development Officer. Green Dot said Eckert will be responsible for product vision, strategy, design and development, and business development activities.

IMDb Launches Podcast Series

socalTECH

Los Angeles-based IMDb , the online movie, TV, and celebrity information site which is owned by Amazon.com, said this week that it has launched its first ever podcast series. According to IMDb, its new podcast, Movies That Changed My Life , will be offered up weekly, and feature celebrities and filmmakers discussing the movies that inspired them and help them launch their careers. The first podcast features "Westworld" Actor Jeffrey Wright.

LiveXLive Acquires PodcastOne

socalTECH

Los Angeles-based LiveXLive announced this morning that it has acquired Los Angeles-based PodcastOne , a subscription and advertiser-supported podcasting network. According to LiveXLive, the deal is worth $18.1M. LiveXLive said that PodcastOne produces over 350 episodes per week, and had gross revenues of $27.5M in calendar year 2019.

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Iteris Wins $1.8M Contract With South Carolina

socalTECH

Santa Ana-based Iteris , which provides traffic and transportation data and information, says it has been selected by the South Carolina Department of Transportation (SCDOT), in a contract worth $1.8M. According to Iteris, the multi-year agreement is renewable for up to five years, and will go towards supporting South Carolina's statewide transportation operations program.

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Esri Offers Free GIS Training

socalTECH

Redlands-based Esri , the developer of geographical information systems (GIS) software, says it will offer up free access to its popular ArcGIS platform, as well as training resources, to any professionals who have been furloughed from work during the COVID-19 outbreak. According to Esri, individuals can request access to the free software and lessons through June 30th.

Sonos Hit By Retail Shutdown

socalTECH

Santa Barbara-based whole home audio system and smart speaker manufacturer Sonos released its second quarter results on Wednesday, saying that its revenues have been hit by the widespread closure of physical, retail stores due to the COVID-19 pandemic, even as it has seen an increase in usage of its products. According to Sonos, it saw a 17% year-over-year decline in its revenue, and in March, it saw total revenue decline 23% year-over-year due to those retail shutdowns.

BURST Oral Care Finds New Funding

socalTECH

Los Angeles-based BURST Oral Care , a manufacturer of electric toothbrushes, has raised a Series C funding round. Size of the funding was not announced. BURST Oral Care said the new funding was led by Goldman Sachs Growth Equity (GS Growth), and comes on top of an earlier $20M in funding from Volition Capital and angels. BURST's founders are Hamish Khayat and Brittany Stewart.

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Activision Blizzard Gains As Video Games See Surge

socalTECH

Santa Monica-based Activision Blizzard is seeing a surge in customers, the company said on Tuesday, as a result of the continuing COVID-19 pandemic. CEO Bobby Kotick told CNN yesterday that "the environment that we're in today, where you have high levels of unemployment and economic uncertainty, having free games on phones is going to probably be a big way to grow the audience". The video game industry seems to be one of the few industries benefiting from the ongoing pandemic.

Applied Business Software Names COO

socalTECH

Long Beach-based Applied Business Software , a developer of software for loan servicing and origination in the mortgage industry, said today that it has named Jasen Portero as its Chief Operations Officer. Portero has been the company's Vice President of Development for the last 12 years. Applied Business Software said Portero previously served at such companies as Universal Music Group, WellPoint, Warner Bros., and Evite. READ MORE>>. applied business software loan origination servicing

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Virgin Galactic Signs Up 400 For Possible Future Flights

socalTECH

Mojave-based Virgin Galactic said on Tuesday that it has now signed up over 400 people for its "One Small Step" program, the first step in reserving tickets on future space flight on the company's space tourism flights, adding to the existing 600 people who have already reserved trips with the company. According to Virgin Galactic, the 400 refundable deposits could potentially represent over $100M in potential future revenue.

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Toba Capital Leads $4.95M Investment In Clear Skye

socalTECH

Newport Beach-based Toba Capital , the venture investment firm founded by Vinny Smith, is the lead investor in Emeryville, California-based Clear Skye , a developer of identity governance and administration software. According to Clear Skye, it raised $4.95M in a Series A funding round, which was led by Toba Capital, and also included Inner Loop Capital and ServiceNow Ventures. As part of the funding, Rajan Aggarwal, Partner at Toba Capital, will join the company's board of directors.

Orca Security Finds $20M

socalTECH

Los Angeles-based Orca Security , a startup focused on cloud security, announced this morning that it has raised $20M in a Series A funding round, led by GGV Capital and also included YL Ventures and SVCI (Silicon Valley CISO Investments). The startup says it was foudned by a group of former Check Point executives and architects. The startup's CEO is Avi Shua who is the former Chief Technologist at Check Point Software Technologies.

Postal.io Raises $9M

socalTECH

San Luis Obispo-based Postal.io , a developer of software used to improve offline conversion rates with automated direct mail, corporate gifting and charitable giving, has raised $9M in its Series A funding. The funding was led by Mayfield. According to the startup, it helps scale direct mail workflows for sales and marketing. The company's founders are Erik Kostelnik and Jed Danner. As part of the funding, Mayfield has added Partner Rajeev Batra to Postal.io's s board of directors.

Elon Musk Looks To Sell Both LA Homes

socalTECH

Elon Musk , the founder of Hawthorne-based SpaceX , is apparently selling all of his real estate--including two Los Angeles homes , saying that he is selling all his physical possessions. Musk is selling one of his homes in LA for $30M, and the other for $9.5M. It's unclear what that means for Musk's presence in the Los Angeles area, where he spends most of his time, despite his involvement with Tesla Motors. READ MORE>>. elon musk angeles home residence realestate real estate