Sat.Nov 28, 2020 - Fri.Dec 04, 2020

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AWS updates its edge computing solutions with new hardware and Local Zones

TechCrunch LA

AWS today closed out its first re:Invent keynote with a focus on edge computing. The company launched two smaller appliances for its Outpost service , which originally brought AWS as a managed service and appliance right into its customers’ existing data centers in the form of a large rack. Now, the company is launching these smaller versions so that its users can also deploy them in their stores or office locations.

Google 241
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Celebrating the Life and Work of Tony Hsieh

Tech.Co

By Frank Gruber and Jen Consalvo. It’s with profound sadness we mourn the loss of a true visionary, author, mentor, thought-leader, investor, and friend, Tony Hsieh. Readers may be interested to know that Tech.co has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co co-founders.

Commerce 207
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Relativity Space Raises $500 Million, Plans to Launch 3D-Printed Rockets Next Year

L.A. Business Journal

The short five-year history of Relativity Space Inc. is like something out of a startup storybook.

Startup 246
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Are you innovating because of need or inspiration?

Berkonomics

Most innovations come from responding to a customer’s needs, or finding a niche where products need improvement or extension. It is rare to innovate using a blank sheet of paper in a room with bare walls and no other contributors. A thought exercise. Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition.

Startup 156
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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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7 Tips For Surviving Your Tough Business Challenges

Startup Professionals Musings

It’s easy for an entrepreneur or a CEO to feel like a leader when things are going well, but the challenge is to keep that confidence and drive in the face of economic downturns, business turnarounds, and stressful personnel situations. Working twenty hours a day, losing your cool, and falling back to a no-risk strategy are not conducive to long-term success.

Tips 168
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Boulevard Partners For Salon Waste Reduction Effort

socalTECH

Los Angeles-based Boulevard , a startup which is developing business management software for salons and spas, says it has partnered with Green Circle Salons on a waste reduction effort. Green Circle Salons offers up recycling, recovering, and repurposing beauty waste from salons and spas. Boulevard said it will help increase the visibility of the Green Circle Salons initiative.

More Trending

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Advantages of Government Fiber Internet

Southern California Edison Blog

Municipal and state governments require highly secure networks to transfer sensitive information and files. They also depend on reliable networks to support providing resources to the public, such as information about voting and licenses, as well as live streaming hearings and court proceedings. . While government agencies have several network options, fiber cables are a great option due to the customizable nature of the setup, which allows them to prepare for future growth and quickly address n

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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Over 600,000 new businesses were created in the last year, or over one per minute of every day.

Tips 161
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Professional Esports Team Signs 8 Year Old

socalTECH

Hollywood-based professional esports team Team 33 , which says it is developing a roster of professional e-sports players for Call of Duty, CS:60, Valorant, Wodl of Warcraft, Fortnite, and other esports leagues, says it has signed on an 8-year old for its team. According to the esports team, it signed Joseph Deen (33 Gosu) to its team, paying him a $33,000 signing bonus and providing him with a $5000 gaming setup to be part of its talent roster.

Hollywood 124
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SpaceX Sets Mark for Rocket Reuse

L.A. Business Journal

Space Exploration Technologies Corp. successfully reused a first-stage rocket booster for the seventh time during a launch last week that deployed another 60 satellites as part of its ambitious Starlink program.

SpaceX 147
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A Primer on Prevention and Response to Data Breaches

SoCal Tech Calendar

Tuesday, December 8, 2020 --.

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6 Expansion Realities To Penetrate Worldwide Markets

Startup Professionals Musings

With the availability of high-speed Internet and social media access around the world, it’s easy for entrepreneurs to assume that the world is just one big homogeneous market, and project their business will scale accordingly. Nothing could be further from the truth. Large businesses, as well as small, still fail often by not addressing the very real cultural, economic and political differences.

Marketing 134
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Elon Musk Hopes For Humans On Mars Within Six Years

socalTECH

Elon Musk , the CEO and founder of Hawthorne, California-based SpaceX , hopes to put human beings on Mars in six years, and an uncrewed landing on Mars in about two years, he said yesterday in Germany. Musk--accepting an award from media company Axel Springer in Germany yesterday--also said he hopes to get to orbit himself in the next two or three years.

SpaceX 124
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Headspace Announces Partnership With Kevin Hart's Laugh Out Loud Network

L.A. Business Journal

The Santa Monica-based mobile app developer is bringing some humor to its meditation app.

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How to Prepare for 5G

Southern California Edison Blog

The fifth generation of mobile wireless communications brings many exciting benefits for consumers and telecom carriers ranging from lower latency to faster download speeds. As 5G rolls out across the world, the technology’s ecosystem continues to expand as more telecom operators upgrade their infrastructure and expand their services to meet shifting customer demands.

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6 Reasons To Ease Into The Entrepreneur Startup Dream

Startup Professionals Musings

There has long been a big debate about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. I’m definitely a proponent of this latter approach.

Startup 128
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Activision Says Call Of Duty Hauls In $3 Billion In 12 Months

socalTECH

Santa Monica-based game publisher Activision says its Call of Duty franchise has surpassed $3 billion in net bookings over the last 12 months. The publisher recently launched a new title, Call of Duty: Black Ops Cold War. According to Activision, over 200 million people played Call of Duty this year, with November the biggest month ever for monthly players and hours played.

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Call of Duty Nets $3 Billion for Activision Blizzard

L.A. Business Journal

Blockbuster video game franchise “Call of Duty” continues to deliver big returns for Santa Monica publisher Activision Blizzard Inc.

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Interview with Darren Litt, MarketerHire

socalTECH

For our interview today, we spoke with Darren Litt , one of the co-founders of Los Angeles-based MarketerHire , an online marketplace focused on connecting companies with marketing talent. What is MarketerHire? Darren Litt: Simply put, we're a talent marketplace that makes it easy to hire the best marketers. We started MarketerHire two years ago, and all of our founders come from a background in and around the world of marketing.

Commerce 113
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TuSimple Takes $350M

socalTECH

San Diego-based TuSimple , which is developing camera and vision systems for use in self driving trucks, has reportedly raised $350M. The funding was led by VectoIQ, and also included Goodyear, Union Pacific, CN Rail, U.S. Xpress, Kroger, Traton Group and Navistar. TuSimple has been developing systems that use CMOS imaging sensors for self driving truk fleets.

San Diego 113
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Esports One Takes $4M More

socalTECH

Santa Monica-based Esports One , an online fantasy esports website, said Thursday that it has raised $4M in a funding round. The funding came from XSeed Capital, Eniac Ventures, and Chestnut Street Ventures. The funding brings the company's total raised to $7.3M. Esports One lets users create their own, fantasy sports team based on esports players. READ MORE>>.

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Classy Powers $37.9M In Giving Tuesday Donations

socalTECH

San Diego-based online nonprofit fundraising software developer Classy reports that nonprofits on the service raised $37.9M on Tuesday, Giving Tuesday, the highest amount raised on a single day on its platform. The company said the amount raised through the platform came from 261,000 donors, and was an increase of more than $18M over totals collected last year on the platform.

San Diego 113
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Triller Teams With Snoop Dogg On Boxing League

socalTECH

Los Angeles-based Triller , which operates a social media app which competes directly with TikTok, has linked with rapper Snoop Dogg to create what the two says is a new boxing league. The two said the new league, "The Fight Club", follows the Tyson vs. Jones Jr. event, which was producted and created by Proxima Media, the company that recently acquired Triller.

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Flock Freight Finds $113.5M For Logistics Tech

socalTECH

Solana Beach-based Flock Freight , a logistics provider which uses algorithms to pool shipments to reduce existing less-than-truckload (LTL) shipping, has raised $113.5M in a Series C funding, the company said this week. The funding was led by Softbank Vision Fund 2, and also included SignalFire, GLP Capital Partners, GV plus Volvo Group Venture Capital.

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Report: Amazon In Talks To Buy Wondery

socalTECH

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Terms of the possible deal have not been released. Wondery has reportedly been looking for a buyer since early in November, seeking anywhere from $300M to $400M. Wondery is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.

Report 113
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Dimer GermFalcon Gets TIME Award

socalTECH

Los Angeles-based startup Dimer , the developer of an ultraviolet light decontamination system being used for decontaminating airplanes, has been recognized by TIME as a "Best Invention"--after being thrust into relevance by the COVID-19 pandemic. The company--which, until earlier this year had been quietly working on its UV light disinfection products--has since partnered with industrial giant Honeywell, which is selling Dimer's GermFalcon as the Honeywell UV Treatment System, which is being us

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Clasiq.com Launches Classic Car Marketplace

socalTECH

Los Angeles-baesd Clasiq said Tuesday that it has launched a new, online marketplace for buying and selling classic cars. The new startup, led by CEO and founder David Zysblat, says it does not charge a selling fee, and provides a professional car inspection and high-quality photos and videos at no cost to sellers. READ MORE>>.

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DTS Aims At Passenger Monitoring Using AI, Camera

socalTECH

Calabasas-based DTS , which develops surround sound and other audio processing technology, is branching into vehicle monitoring with a new product called DTS AutoSense. According to the company, the new product is an occupancy monitoring solution that can be designed into passenger vehicles. The company says its product provides child seat detection, child presence detection, occupant detection, emotion detection, and passenger authentication, all using on-board artificial intelligence and a sin

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Quibi Officially Shuts Down

socalTECH

Los Angeles-based short form, streaming video startup Quibi is officially dead , a mere month after saying it would sell off its assets. High flying Quibi--which raised more than $1.75 billion--was backed by Jeffrey Katzenberg and Meg Whitman, but failed to gain any traction before its spectacular flameout. Quibi had been trying to start a service focused on original, short form videos on mobile platforms, with a major effort funding development of content.

Content 113
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GoSite Finds $40M For Small Business Services

socalTECH

San Diego-based GoSite , which operates an online platform to help small businesses bring their business online, has raised $40M in a Series B funding round, the company announced this morning. The funding was led by Left Lane Capital, and also included Longley Capital, Cove Fund, Stage 2, Ankona Capital and Serra Ventures. According to the company, its service allows small businesses to manage their website, listings, reviews, messages, booking and payments, all in one platform.

Services 113
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Surfline Catches $30M

socalTECH

Huntington beach-based SurflineWavetrak , the parent company of Surfline , the go-to site for surfing forecasts and information, has raised $30M in a funding round, the company said today. The funding came from private equity investor TCG. As part of the funding, the company said it has appointed Kyle Laughlin as CEO of the company. Current CEO Jeff Berg shifts his role to Executive Chairman.

Yahoo 113
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Seismic Acquires Grapevine6

socalTECH

San Diego-based Seismic , which develops sales enablement and marketing software, has acquired Grapevien6 , a social and digital sales software developer. Financial terms of the acquisition were not announced. Seismic said the buy will power a new integrated offering it is calling Seismic LiveSocial, which will use the artificial intelligence (AI) engine created by Grapveine6.

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GoSecure Connects With $35M

socalTECH

La Jolla-based GoSecure , a provider of cybersecurity services, has raised $35M in what it described as a growth investment round. The Series E funding was led by W Investments Group, and also included Yaletown Partners. GoSecure provides Managed Detection and Response (MDR) services helping organizations detect and respond to cybersecurity attacks.

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Virgin Orbit Sets New Launch Window

socalTECH

Mojave-based Virgin Orbit will attempt another launch, on December 19th, the company said on Monday, as it looks to successfully put its rocket into space for the first time. The company--which has designed a modified 747 as a mid-air rocket launch platform said it has a launch window open between 10am to 2pm Pacific on Saturday, December 19th, with another launch windos on Sunday, December 20th.

Platform 113
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Insights: Why Raising a Growth Round Is Getting Much Harder

socalTECH

For today's Insights and Opinions section, we have an article from Ivan Nikkhoo, Managing Partner at Navigate Ventures, who tells us Why Raising a Growth Round Is Getting Much Harder. Most companies that raise their seed and Series A rounds fail, primarily due to a few reasons. Lack of product-market fit and team issues are common. The most common reason, however, is the lack of access to capital, especially growth capital.

Capital 113
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Veritone Connects With NVIDIA

socalTECH

Costa mesa-based artificial intelligence software developer Veritone announced this morning that it now supports the NVIDIA CUDA platform for its AI and machine learning (ML) software. According to Veritone, its support for NVIDIA's CUDA GPU allows its customers tor un its AI and ML tasks both on-premise or in the Microsoft Azure and Amazon Web Services (AWS) clouds.