Sat.Feb 29, 2020 - Fri.Mar 06, 2020

Bird launches Scoot Mopeds in Austin ahead of SXSW

TechCrunch LA

The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. The new moped is the latest effort by Bird to diversify its product offerings to capture more customers.

Funding in the Time of Coronavirus

Both Sides of the Table

I am due to speak at the SaaStr conference next week: Wednesday, March 11th at 10:45 AM. I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room.

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Reduce five risks: Increase your valuation

Berkonomics

Why five risks? In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each.

LA’s Electric Vehicle Talent Pool Is Driving Industry Changes

L.A. Business Journal

Southern California’s demand for electric vehicle industry skilled workers will continue to grow, further pushing up salaries and filling local training classrooms, according to a new report

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.

NASA moves forward with 17 companies as part of bid to transform urban aerial transportation

TechCrunch LA

NASA and a clutch of startup and established companies are moving forward with plans to transform mobility in urban environments through the Urban Air Mobility Grand Challenge.

5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person.

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More Trending

VR Firm Raises $15M to Add Content

L.A. Business Journal

Culver City-based virtual reality company Talespin announced $15 million in series B funding led by Cornerstone OnDemand Inc., a provider of cloud-based learning software

Grindr sold by Chinese owner after US raised national security concerns

TechCrunch LA

Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based based company, San Vicente Acquisition Partners.

7 Ways To Hire Your Way To Failure In A New Venture

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams.

Monzo: What do you need to know?

Tech.Co

In June 2019, banking start-up Monzo announced its plans to launch in the US. The UK finance company has garnered a lot of attention, both online and in real life, thanks to its distinctive coral-colored cards, and its intention to make the banking process easier. But what is Monzo, exactly?

Tetra Tech Adds IT Firm

L.A. Business Journal

Pasadena-based engineering and consulting firm Tetra Tech Inc. is transforming itself into a technical services firm for federal government agencies

Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools

TechCrunch LA

It turns out the virtual and augmented reality companies aren’t dead — as long as they focus on the enterprise. That’s what the Los Angeles-based extended reality technology developer Talespin did — and it just raised $15 million to grow its business. .

7 Ways To Use An Advisory Board To Accelerate Success

Startup Professionals Musings

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. Some entrepreneurs are “lone rangers,” never mentioning any outside guidance, while others tout dozens of advisors.

HyperX Rolls Out New Mechanical Gaming Keyboards

socalTECH

Fountain Valley-based HyperX , the gaming division of Kingston Technology , says it has released two new gaming keyboards, the HyperX Alloy Origins and Alloy Origins Core keyboards. According to the company, the new mechanical keyboards feature a new switch, the "HyperX Aqua". The keyboards also include RGB exposed backlit keys, which are popular with gamers. HyperX said that the HyperX Allows Origin has an MSRP of $109.99, and the Alloy Origins Core an MSRP of $89.99. READ MORE>>.

AECOM Acquisition Talk Builds

L.A. Business Journal

Speculation is mounting that Century City-based engineering and infrastructure giant AECOM may be acquired by rival WSP Global Inc

Amore Kitchen

Startup San Diego

We sat down with Chef Angela, owner of Amore Kitchen. Learn more about the challenges she's faced as she went from school teacher to business owner. The post Amore Kitchen appeared first on Startup San Diego. Startup Spotlight

7 Business Experimentation Myths That Are Outdated

Startup Professionals Musings

In my work with you as an entrepreneur or small business owner, I find that most understand the need try out new business models and product innovations, but trust their intuition rather than running a disciplined business experiment first.

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Virus Outbreak Stalks Sand Hill Road

socalTECH

In a sign that the technology industry, and Silicon Valley, cannot ignore the ongoing novel coronavirus (COVID-19) outbreak, a private school--Menlo School--which is mere steps away from Sand Hill Road and Stanford, has been closed , after one of its staff members reportedly had contact with a positive case of the coronavirus, according to local Bay Area reports.

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Welcome Technologies Secures $8 Million

L.A. Business Journal

Welcome Technologies, a Brentwood-based software technology company, raised an additional $8 million in institutional funding

Roche Trial of Ionis Huntington’s Disease Drug Halted After Side Effects

Xconomy

A 20-patient Phase 1 study of an RNA drug discovered by Ionis Pharmaceuticals that is being tested as a treatment for Huntington’s disease by Roche was suspended after two reports of infections related to a device used to take samples of cerebral spinal fluid during the trial.

7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup.

Ingram Micro Delays Annual Event Until 2021

socalTECH

Irvine-based Ingram Micro , the technology services and products giant, said on Wednesday that it has postponed its big event, the Cloud Summit , to next year, sometime in early 2021. According to the company, it has been "closely monitoring" the situation around the outbreak of the COVID-19 (novel coronavirus), and decided that it would postpone the summit in an "abundance of caution", saying the health and well-being of all of its attendees and exhibitors was its top priority.

Top 3 Government Network Security Setups

Southern California Edison Blog

Government agencies send sensitive data via their networks on a daily basis to perform tasks including conducting surveillance, transferring military communications, and providing municipal broadband. The wrong network setup can spell disaster in the event of a malicious attack or data leak.

National Xconomy Awards Now Accepting Nominations for the Best in Biotech

Xconomy

The nomination period for the 2020 National Xconomy Awards is now open. The awards are open to individuals, companies, and organizations working across the life sciences in the United States, and feature leaders in the biotech industry, medicine, academia, digital health, and healthcare.

Four Types of Loans Available For Your Small Business

AllTopStartups

If you have an idea for a business, you should work on it and see how far it takes you. However, the number one reason why so many entrepreneurs give… The post Four Types of Loans Available For Your Small Business appeared first on AllTopStartups. Finance START AND GROW loan

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Semtech Links With Blockchain Startup For Nationwide Network

socalTECH

Camarillo-based analog and mixed signal semiconductor developer Semtech says it has linked with peer-to-peer wireless network operator Helium , to develops a nationwide network supporting its LoRaWAN protocol. According to the companies, Helium's network is now fully compatible with the LoRaWAN protocol, which will allow "hundreds of millions" of LoRa-based devices to connect nationwide. Financial details of the deal were not announced.

Alignment Healthcare Finds $135M More

socalTECH

Orange, California-based Alignment Healthcare , which develops technology used for population health management around Medicare Advantage, has raised $135M in a Series C funding round, the company said on Wednesday. Alignment Healthcare said the funding came from Fidelity Investments, T. Rowe Price and Durable Capital Partners. Alignment Healthcare says it has now raised a total of $375M in total. The new funding will go towards growth, its technology platform, and plan offerings.

Disney Opens Up Apps For 2020 Disney Accelerator

socalTECH

The Walt Disney Company has opened up applications for its startup accelerator, the 2020 Disney Accelerator , saying that applications are due by April 3rd to apply for its three month mentorship program. According to Disney, it will select ten "growth-stage" startups to participate in its program, connecting them with Disney's leadership team and other mentorship. Disney said this year's program will begin in July, and run for three months until a Demo Day in October.

Three LA Area Firms Selected For NASA Urban Mobility Challenge

socalTECH

Three Los Angeles area companies have been selected to participate in the NASA Urban Mobility Challenge , an effort to help promote the development of the use of multiple, unmanned aircraft all flying in dense urban environments. According to NASA, Santa Monica-based AirMap , Santa Monica-based Avision , and Los Angeles-based Ellis & Associates are among the many companies who have been accepted into participating in the effort.

Citadel Defense Wins $9.2M Order For Drone Defense

socalTECH

San Diego-based Citidal Defense , a developer of systems for detecting and defending against unauthorized drones, says it has received a $9.2M order for its systems, the company said this morning. Citadel Defense did not provide details on the customers for its system, which it says provides force protection against unmanned aerial drones and swarms. The company says it uses radio frequency detection, and Ai and deep learning, for detecting drones.

Talespin Takes $15M For Virtual Reality Software

socalTECH

Culver City-based Talespin , a developer of virtual reality technology, has raised $15M in a Series B funding round, the company said this morning. The funding was led by Cornerstone OnDemand, and also included Farmers Insurance Exchange and HTC. Talespin develops virtual reality software used for employee training and other efforts. The company said it will use the funding to expand its solution into other fields, including insurance, telecommunications, technology, and healthcare.

Cubic Names Chief Customer Officer

socalTECH

San Diego-based Cubic Corporation said this week that it has named Min Wei as the company's Senior Vice President and Chief Customer Officer. Cubic, which provides services to the transportation, defense, and training markets, said that Wei will lead a new customer experience function, handling global quality, configuration management, logistics support and customer experience. Wei has been at Cubic since 2009. READ MORE>>. cubic chief customer officer executive

SpaceX Signs Deal To Deliver Private Citizens To International Space Station

socalTECH

Hawthorne-based SpaceX has inked a deal with Houston-based Axiom Space , to deliver private crews to the International Space Station, Axiom said on Thursday. According to Axiom Space, it has signed a contract with SpaceX to transport a professional commander and three private astronauts to and from the International Space Station, as soon as the second half of 2021. Axiom said that the mission will allow the crew to live aboard the ISS for at least eight days.

Sonos Kills Recycle Mode

socalTECH

Santa Barbara-based whole home music device maker Sonos is backing away from its "Recycle Mode" feature, which it had introduced last year, which had required customers to "brick" their old devices to take advantage of a trade up deal from the company. The effort--which has been part of a Sonos effort to encourage owners of its older hardware to upgrade--had been introduced at the end of 2019.

Lawsuit Against Kingston Goes To Jury Trial

socalTECH

A $15M lawsuit against Fountain Valley-based Kingston Technology has gone to jury trial, with a company, Pavo Solutions LLC , seeking $15M in damages for what it says is patent infringement on a design for a swiveling USB flash memory cover. According to a report from Law360, Pavo Solutions claims Kingston made "tens of millions of dollars in profits and $233 million in sales" from the USB flash memory device which uses the swiveling cover. Pavo Solutions is based in South Korea. READ MORE>>.

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Quibi Raises $350M More For Streaming Media Service

socalTECH

Los Angeles-based Quibi , the short form video streaming startup which was founded by Jeffrey Katzenberg and Meg Whitman, has raised $350M in funding, bringing the total raised for the yet-to-be-launched venture to an astounding $1.75 billion. Names and details of the investors in the new funding round were not announced. Quibi is hoping to launch its service in a month, saying it plans to open up access to its service on April 6th.