Sat.Mar 16, 2019 - Fri.Mar 22, 2019

Fifty years of the internet

TechCrunch LA

Leonard Kleinrock. Contributor. Share on Twitter. Leonard Kleinrock is the Distinguished Professor Emeritus of Computer Science at the UCLA Samueli School of Engineering.

Los Angeles Fundingpost VC and Angel Investor Conference

SoCal Tech Calendar

Thursday, March 28, 2019 -- Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Southern California? Register for the FundingPost event on Thursday, March 28th, 2019. FundingPost has hosted 400 sold-out venture events in 22 cities over the past 17 years. At our next event, the panel of Investors will focus on Early-Stage Venture Investing: How to meet investors, pitch them, and what it really takes to get them to write you a check!

Why, Maker of Self-Driving Tech, is Moving to San Diego


Tech salaries may not be as high outside of Silicon Valley, but neither is the cost of operating a business—or the cost of living. San Diego’s startup community has rejoiced in recent months as massive companies that employ thousands of engineers—including Amazon (NASDAQ: AMZN ), Apple (NASDAQ: AAPL ), and the tech arm of Walmart (NYSE: WMT )—have announced expansions in the region.

How much of my business do I have to give to an investor?


If you’re looking for growth capital, this one’s for you. We’ll cover what information you’ll expect to provide, your range of expected values and amounts of investment to expect. All to help you set your expectations. Financial History and Projections. Let’s start with the basics.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. We love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly?

Dentulu Looks To Bring On-Demand Dentistry To LA


Too busy to bother with a visit to the dentist? A new, Los Angeles startup, Dentulu , is hoping to make it easier for you to handle dental care--saying it wants to allow patients to book a dental appointment much like they might book a ride on Uber. According to Dentulu, it has developed a mobile app, which it plans to launch in April, which where it says it will offer up preventative and restorative dental care to patients ages 18 years and older. The company says its services start at $299.

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More Trending

The Role of the Student Engineer in Medicine and Innovation


The last 50 years have seen many great technical advances in medical treatments, ranging from drug delivery and imaging to skin grafts and prosthetics. These advances—both large and small—have drawn on many fields and have transformed patient care.

Postmates’ newest feature is like Uber POOL for food delivery

TechCrunch LA

Postmates is launching a new feature called Postmates Party that lets customers within the same neighborhood pool their orders. In return, these customers get the food delivered for free, eliminating a major pinch point for potential Postmates users. The feature illustrates how Postmates, one of the earlier entrants to the billion-dollar food delivery wars , is trying to remain competitive by appealing to price-sensitive customers.

XPRIZE Backs Forest Health Effort


Los Angeles-based XPRIZE , the nonprofit which runs competitions to encourage the development of new technology to solve some of the world's problems, has put its efforts behind forest health, saying it has put together an outline of potential breakthroughs required for healthier forest ecosystems. The company said its "Future of Forests Impact Roadmap" is being sponsored by Kimberly-Clark Corporation, and might be the basis of future XPRIZE competitions.

USC Innovation Summit

SoCal Tech Calendar

Wednesday, March 27, 2019 --.

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Turning Point Therapeutics Plans IPO to Advance Targeted Cancer Drugs


Turning Point Therapeutics, which is developing targeted cancer drugs for patients whose tumors resist other precision therapies, has outlined plans for an IPO. The company, which started operations in 2014, has raised nearly $148 million since inception.

Does Your Team Know What Success Looks Like?

Alon Schwartz

Shot of a group of businesspeople high fiving in an office. When Jason Nazar and I launched Docstoc years ago, we got 30,000 unique users on the first day. I was ecstatic. I remember how my team of engineers and I were all high fiving each other, with big smiles on our faces.

Cardea Bio Gets $7.8M For Biosensors


San Diego-based Cardea Bio , a manufacturer of graphene-based, digital biosensors being used to monitor biological systems using semiconductors, announced this morning that it has raised $7.8M in a Series A-1 financing round. The financing was led by Alexandria Venture Investments, and also included Serra Ventures and other new and existing investors. According to the company, it will use the funding to grow its team, for strategic partnerships, and other efforts.

Orange County Fundingpost VC and Angel Investor Conference

SoCal Tech Calendar

Wednesday, March 27, 2019 -- Orange County Fundingpost VC and Angel Investor Conference. Interested in meeting and pitching to early-stage Angel Investors and Venture Capitalists in Southern California? Register for the FundingPost event on Wednesday, March 27th, 2019. FundingPost has hosted 400 sold-out venture events in 22 cities over the past 18 years.

Corza Health Emerges Led by Former NuVasive, GreatCall Executives


A Chicago-based private equity firm has tapped the former head of NuVasive and finance chief of GreatCall to start a new healthcare company in San Diego. The company, Corza Health, is headed by Greg Lucier, most recently CEO at NuVasive, and backed by the PE firm, GTCR, with money from its $5.25

HyperX Signs Brazilian Soccer Player In Endorsement Deal


Fountain Valley-based gaming products maker HyperX , which is part of Kingston Technology, says it has signed up its very first Brazilian "gaming ambassador", soccer player Casemiro. Casemiro plays for Real Madrid and the Brazil national team. According to HyperX, Casemiro--who is now based in Madrid--will use HyperX products while gaming in his free time. Financial arrangements behind the deal were not announced.

Newegg In Sponsorship Deal For HyperX Esports Arena Las Vegas


Los Angeles-based online technology products retailer Newegg has inked a long term marketing agreement with e-sports entertainment company Allied Esports , and will become the "official e-commerce partner" at the HyperX Esports Arena Las Vegas. Financial details of the sponsorship deal were not announced. According to Newegg, its branding will be displayed prominently throughout the venue, as well as on the arena's official website, social channels and live streams.

NewEgg 122 Names New Executives


San Diego-based , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. The company said it has named Joseph Drambarean as Chief Technology Officer and Dave McCutcheon as Vice President Sales. Drambarean was previously at Capital One. McCutcheon was most recently Head of Sales and Alliances at FloQast. said that both will join the company at a new office in Del Mar Heights.

Oblong Rolls Out New Collaboration Tool


Los Angeles-based Oblong , best known as the developer of 3D, interactive software used for meetings and "spatial computing", says it has rolled out a new collaboration tools aimed at virtual teams. According to Oblong, its new software, Rumpus, is a visual collaboration application aimed at the web conferencing market.

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The Trade Desk Adds Board Member


Ventura-based The Trade Desk , which develops advertising technology, said Monday afternoon that it has added Lise Buyer to its Board of Directors. Buyer is Managing Partner of the Class V Group, a consulting firm that advises companies on initial public offerings. According to The Trade Desk, Buyer had advised the company prior to its IPO in September 2016.

Myspace Accidentally Loses 12 Years Of Music


Remember Myspace ? The onetime social networking site, founded in Los Angeles, is now owned by Meredith Corporation and is still active as an online music discovery site. However, the site has quite a bit less music now, after the site accidentally lost all of the music uploaded to the site uploaded between 2003 and 2015. The 12 years worth of music included over 50 million songs uploaded from 14 million artists.

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GoFundMe Shuts Down Anti-Vax Campaigns, Says Report


San Diego- and Redwood City-based crowdfunding sight GoFundMe has banned anti-vaccine crowdfunding efforts on its site, according to reports , in a bid to battle the spread of misinformation. GoFundMe reportedly said that campaigns raising money to promote misinformation about vaccines violate its terms of service. The ban comes as there has been an outbreak internationally of the measles, including major outbeaks on in New York and in the Pacific Northwest, attributed to anti-vaxxers.

Turning Point Therapeutics Files For IPO


San Diego-based Turning Point Therapeutics , a venture-backed biopharmaceuticals startup which is developing small molecule drugs for treating lung cancer and solid tumors, has filed for an IPO. According to a regulatory filing, the company is looking to raise up to $100M in its IPO on the Nasdaq Global Market as TPTX. The IPO is being underwritten by Goldman Sachs & Co. LLC, SVB Leerink, Wells Fargo Securities, and Canaccord Genuity.

Allied Esports, GameSpot In Sponsorship Deal


Irvine-based esports league operator Allied Esports , and GameSpot , the online site focused on content around videogames which is part of CBS Interactive , said that they are in a sponsorship deal over a new, esports entertainment show. According to the companies, GameSpot will be the sponsor of the premiere episode of PlayTime with KittyPlays, a new esports entertainment show featuring competitive gamers and online game streamer Kristen "KittyPlays" Michaela.

MPAA: Streaming Video Subscriptions Pass Up Cable For First Time


The number of subscribers to online video services have just passed up that of traditional cable, according to an MPAA report today, which said in 2018 that there were 613.3 million subscribers to online video services around the world, a 27 percent increase from 2017. The report says that surpasses the 556.0 million cable subscriptions it tracked in 2018.

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Bitmo Finds $3M For Mobile Gifting App


San Diego-based Bitmo , a startup developing a mobile gifting and payment app, has raised $3M in a seed funding round, the company said on Thursday afternoon. The startup said funding in the round came from Everplus Capital, Longboard Capital Advisors, several un-named, Southern California family funds, as well as board members and angel investors. Michael Smallwood is the founder and CEO of Bitmo.

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IPOs Slow In Q1, But SoCal Sees Some Activity


A new report, issued this week by EY, says that the number of IPOs have dropped across both international markets and the US. The report--which examined IPOs in Q1--said that ongoing geopolitical uncertainties and trade issues continue to dampen investor enthusiasm for the public offerings. Despite the slowdown, Southern California managed to produce three IPOs in the first three months of 2019, including the $317.0M

Spark Networks Acquires Zoosk For $255M


Spark Networks , the online dating company which was started in West Los Angeles, and now has operations globally, said on Thursday that it has agreed to acquire dating site Zoosk. Spark said it will pay $255M in a combination of cash and stock for Zoosk, split between $150M in stock (in American Depository Shares) and $95M in cash at closing, plus $10M in a deferred cash payment in December of 2020. Spark said it will more than double in size as a result of the acquisition.

Semtech Powers New Radio IC For Hearing Aids


Camarillo-based semiconductor developer Semtech and hearing aid manufacturer Sonova announced this morning that the two have teamed up to create brand new, advanced radio systems which will power a new generation of hearing aids from Sonova. According to the two, they have created an ultra-small, integrated circuit (IC) which provides IoT connectivity and uses Semtech's LoRa protocol.

Report: Faraday Future Sells HQ To Keep Afloat


Los Angeles-based electric car maker Faraday Future , in a bid to stay afloat, has sold off its headquarters to a real estate investor, according to a report on Wednesday. The report says Faraday Future is leasing back the headquarters, which it sold to real estate investor Atlas Capital, for around $10M. Faraday Future has been facing financial issues due to a dispute with its lead investor, which has resulted in layoffs at the company, numerous lawsuits from vendors, and executive departures.