Sat.May 23, 2015 - Fri.May 29, 2015

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The Hardware behind the Results of Framework Benchmarks Round 10

TechEmpower

By Jeffrey Papen, CEO and Founder, Peak Hosting. At Peak Hosting , we're big fans of TechEmpower's Framework Benchmarks, an open source project the company has been coordinating since early 2013. Covering a wide variety of web application frameworks, this project gives developers useful data that can help them find the framework that will provide the performance and features they need for their application.

Framework 218
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TigerText Signs Chicago Customer

socalTECH

Santa Monica-based secure messaging app developer TigerText , which provides secured text messaging for the enterprise and healthcare markets, has signed up a customer in Chicago. TigerText said that Chicago Cardiology Institute (CCI), which treats cardiovascular disease in Illinois, has deployed the company's secure messaging products as part of a HIPAA compliance effort.

Custom 178
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This Remote Working Experiment Failed And Succeeded – At The Same Time

InfoChachkie

A version of this article previously appeared in Forbes. Self-aware startups often learn more from their failures than from their success. Timehop , the photo album for the digital age, is no exception. Created by Jonathan Wegener and his Co-Founder Benny Wong, the company has over 16M+ users. To put this in proper perspective, more than twice as many people access Timehop each day than read the New York Times.

Tool 162
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Chapter 8.2: Rejection is G-d’s Protection

Eric Greenspan

In my Chapter 8.1 post I shared with you a story of my electric car (Chevy Volt, not the Tesla!) purchase. I was a week past my chapter 7 bankruptcy and my goal was to get back on the horse and start building credit immediately. Additionally, the car I traded was financed by my ex and it was in her name. I needed that to change, so did she. I knew big interest rates and a lot of work were in store for me, but I went for it.

Startup 151
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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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These 8 Groups of People Will Never Start a Business

Startup Professionals Musings

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” I always wonder what is more important to them on an ongoing basis than changing the world, since their startups usually never materialize.

Startup 114
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Amazon Makes Prime Same Day Delivery Free In Los Angeles

socalTECH

E-commerce giant Amazon.com is expanding free, same day delivery in Los Angeles, to members of its Prime service, as part of a broader expansion if its same day delivery services. According to Amazon, it is now offering up free, same day delivery to customers in New York, Los Angeles, Chicago, Dallas, San Francisco, and other cities, removing what had previously been an added fee service.

More Trending

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The Story Behind Malauzai’s Apple Watch

Steve Reich

Here’s how the Malauzai team lauched a watch app in 40 days!

Mobile 43
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8 Learning Principles Enhance Entrepreneur Survival

Startup Professionals Musings

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in founding a startup today. Either they are never really ready to start, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The Internet and the current information wave have changed everything.

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HelloTech: On Demand, In-Home Tech Support Via College Students Near You

socalTECH

Almost everyone of a technical bent in the technology industry is familiar with that old routine: your parents, your friends, and your neighbors inevitably calls you for free technical support. However, almost no one really wants to be that technical support person. Los Angeles-based HelloTech (www.hellotech.com) wants to be the service that you refer all of your friends and family to, instead--by offering up low cost, on-demand, in-home technical support.

Demand 153
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Some Thoughts on Twitter as a Micro-Blogging Tool

Both Sides of the Table

Planning a threaded Tweetstorm? Here’s the rules: 1/Tweet 2/Reply to 1st Tweet but remove your @name 3/Reply to 2nd Tweet not 1st 4/Repeat. — Mark Suster (@msuster) May 29, 2015. I learned the hard way by doing a Tweetstorm below but linked every subsequent Tweet back to the original Tweet to create the thread. I faced the wrath of the community.

Blogging 247
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Oculus VR Sued By Hawaiian Company

socalTECH

Irvine-based Oculus VR and co-founder Palmer Luckey have been sued again, this time by a company in Hawaii called Total Recall Technologies. The lawsuit, filed in the U.S. District Court in California, claims breach of contract and theft of intellectual property by Luckey, who Total Recall claims they hired to help them develop immersive, head mounted displays.

Company 152
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SpaceX Gets Air Force Certification

socalTECH

Los Angeles-based SpaceX has crossed a major hurdle in its efforts to provide launch services to the U.S. Department of Defense, and has been certified by the U.S. Air Force to carry out National Security space missions, according to the USAF. In an announcement from Lieutenant General Samuel Greaves, Commander of the Air Force Space and Missile Systems Center (SMC) and Air Force Program Executive Officer for Space, the USAF said that SpaceX's Falcon has been certified to launch national securit

SpaceX 143
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Snapchat At Funding Trough Again, Raising $650M

socalTECH

Venice-based Snapchat has raised $537.6M more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory filing, the latest funding round had its first funds committed in February, and so far has 35 investors. The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company

Snapchat 135
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Broadcom Gets Win In South Korea

socalTECH

Irvine-based semiconductor developer Broadcom said this morning that it has scored a design win in South Korea. According to Broadcom, KT Skylife, which is a satellite broadcast provider in South Korea, is deploying an Ultra HD set-top box build on one of its chips. Broadcom said the set-top-box offers up 4K/Ultra HD satellite video, and is based on its BCM7376 chip.

Design 135
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Kareo Names Chief People Officer

socalTECH

Irvine-based Kareo said Wednesday that it has hired on Pam Perry as the company's new Chief People Offier. Perry was most recently Vice President of Human Resources at Appriss, and also has served at Internet Technology Corp, CB Richard Ellis, Inc., Caremark LTD, and Pharmacia, Inc. Kareo is a developer of cloud-based, medical office management software, and is led by Dan Rodrigues.

Resource 135
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Classmates Pays $11M To Settle Deceptive Marketing, Billing Allegations

socalTECH

Classmates , the online website which is part of Woodland Hills-absed United Online , has agreed to pay $11.0M to settle allegations of deceptive marketing and biling by the company--an investigation which has been running since 2010. The settlement was announced Tuesday by a group of 21 attorney generals. United Online and spiinout FTD will pay $8M to the states involved in the settlement, with $5.18M paid by Classmates and $2.82M to be paid by FTD; the companies also said Classmates will creat

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Snapchat Eyes IPO

socalTECH

Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. Spiegel said that an "IPO is really important" to the company. Spiegel did not give a timeframe for any IPO effort. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds.

Snapchat 132
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HelloTech Adds $2M, Launches In-Home Tech Support In LA

socalTECH

Los Angeles-based on-demand, in-home tech support and sales service HelloTech , which was founded by AmplifyLA/RealNetworks veteran Richard Wolpert, has raised another $2M, and officially launched its service in Los Aneles. According to HelloTech, the new funding came from Collaborative Fund, Baroda Ventures, Greycroft Partners, and Silicon Valley Bank along with Accel Partners, Upfront Ventures, CrossCut Ventures, Amplify.LA, and others.

Training 132
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OpenX Wins Patch

socalTECH

Los Angeles-based programmatic advertising marketplace and technology developer OpenX has signed on local news site Patch as a customer, saying it has been named the exclusive provider of ad serving and monetization for Patch. OpenX said that Patch will use its programmatic technology platform across its properties, which reach over 17.4 million unique visitors.

OpenX 131
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Qualcomm Selects Startups For Robotics Accelerator

socalTECH

San Diego-based Qualcomm has announced the ten companies that are part of its first Qualcomm Robotics Accelerator , which is being held in San Diego and just started this week. Qualcomm said it selected Carbon Robotics , Cleverpet , Ctrl Works , Inova Drone , Reach Robotics , Skyfront , Sky Robotics , Skysense , Solenica , and Rational Robotics for the program.

San Diego 131
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Ceres Gets Soybean Gene Patent

socalTECH

Thousand Oaks-based agricultural biotechnology develper Ceres announced this morning that it has received a U.S. patent, covering the company's genetic sequence derived from soybean, which is aimed at producing improved soybean varieties. The company says it now has approximately 85 issued patents and numerous patent applications. The new patent, U.S.

Patents 131
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Oculus Buys Surreal Vision

socalTECH

Irvine-based virtual reality headset developer Oculus VR announced today that it has acquired Surreal Vision , a UK-based develops of computer vision technology. Financial details of the acquisition wer enot disclosed. Surreal Vision develops real-time, 3D scene reconstruction software, which is used to create real-time, representations of the real, physical world in software.

Research 131
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Yardi Wins Deal In UAE

socalTECH

Santa Barbara-based real estate investment and property management software developer Yardi said over the weekend that it has been selected by a client in the United Arab Emirates. Dubai-based H&H Investment and Development said it will adopt Yardi's software for its property management efforts. Financial impact of the deal was not announced. READ MORE>>.

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Broadcom Acquired By Avago For $37 Billion

socalTECH

Irvine-based semiconductor maker Broadcom and Singapore-based Avago Technologies said this morning that Broadcom has agreed to be acquired by Avago in a deal worth $37 billion. Avago will pay both cash and stock for Broadcom. The two companies said the acquisition will create a company worth $77 billion in enterprise value and with $15 billion in combined annual revenues.

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GumGum Gets $26M In New Funding

socalTECH

Santa Monica-based GumGum , the online image-based advertising startup led by Ophir Tanz, has raised a big, $26.0M round this morning, from Morgan Stanley Expansion Capital, along with NEA, Upfrot Ventures, First Round Capital, and the company's other exiting ivnestors. According to the firm, the funding will go towards expansion into international markets, to strengthen its R&D, and continue development of its products.

Funding 125
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Source Intelligence Gets Credit Facility

socalTECH

Carlsbad-based Source Intelligence > , a developer of platform for supply chain compliance efforts, has received a credit facility from Silicon Valley Bank, the company said this morning. Size and terms of the facility were not announced. Source Intelligence said the new funds will go towards accelerating growth of its supply chain compliance products and cloud platform.

Platform 125
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Mylife Recasts Itself As Personal Privacy Service

socalTECH

Los Angeles-based MyLife has recast itself as a provider of personal privacy services, launching a new home page and service Wednesday focused on offering up information on everyone and anyone. MyLife said it has created a new home page, and ability for anyone to run a search on anyone's reputation and reviews, letting anyone provide ratings and reviews of anyone else--either in their real name, or anonymously.

MyLife 125
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MANTA Instruments Finds Funding For Scientific Instruments

socalTECH

La Jollla-based MANTA Instruments , a developer of technology for characterizing nanoparticles, has raised a round of seed funding, from Triton Technology Fund. Size of the funding was not announced. Triton announced the funding this morning, and said MANTA will use the funding to accelerate commercialization of its scientific instruments. The company is part of the EvoNexus startup incubator, and is led by Rick Cooper.

Funding 125
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Neudesic Buys Web4

socalTECH

Irvine-based Neudesic , which develops software and services for the enterprise market, said today that it has acquired Anaheim-based Web4 , a provider of enterprise content management (ECM), human resources, and collaboration software. Financial terms of the acquisition were not announced. The companies said that Web4 will become a distinct unit of Neudesic.

Resource 125
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Intense Lighting Acquired By Leviton

socalTECH

Anaheim-based Intense Lighting , a developer of LED-based lighting products, has been acquired by Leviton , Leviton said Tuesday. Financial terms of the acquisition were not announced. Leviton said that Intense Lighting will operate as a new, standalone business unit of the company, and continue to maintain its operations in Anaheim. Intense Lighting provides LED lighting products for the commercial, hospitality, supermarket, retail and residential markets.

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Mitek Buys IDchecker

socalTECH

San Diego-based Mitek , a developer of mobile capture and identification systems, said Tuesday that it has acquired Netherlands-based IDchecker >, a developer of cloud-based identify and facial recognition software. Mitek said it would pay $10.6M for IDchecker, split between $5.85M in cash and $2.75M in stock, plus up to $2M more in stock in earnout.

San Diego 125
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Amgen Parts Ways With AstraZeneca On Compound

socalTECH

Thousand Oaks-based Amgen said late Friday that it is terminating a program it has with AstraZeneca , to co-develop and commercialize a treatment for psoriasis. According to Amgen, the move is based on events of suicidal ideation and behavior in its clinical trails, which it says would necessitate restrictive labeling and limit the patient population for the drug.

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Enervee Raises $3.7M For Energy Smart Consumer Purchases

socalTECH

Santa Monica-based Enervee , which provides an online platform collecting energy consumption information on appliances and other products, is announcing this morning that it has raised $3.7M in a Series A funding round. The funding was led by Obvious Ventures, the venture capital fund created by Twitter co-founder Evan Williams. Enervee, which is led by Matthias Kurwig, develops a service which lets users compare the energy consumption of products, via its "Enervee Score", which helps users eval

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9 Key Tests For Innovation Potential In Your Startup

Startup Professionals Musings

The entrepreneurs I see are always talking about “disruptive innovation” ideas, but the plans I read are more often linear extensions of a current hot offering, like one more social network with the best of Facebook and Twitter, one more dating site dimension, or another “must-have” accessory for smartphones. Perhaps hard questions need to come before ideas, rather than after.

Startup 102
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Have You Explored Every Business Growth Alternative?

Startup Professionals Musings

Image via Pixabay.com Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Non-organic growth would include OEM relationships, finding strategic partners, “coopetition,” as well as acquisitions.

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8 Processes Define A Business Rather Than A Hobby

Startup Professionals Musings

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business.