Sat.May 11, 2019 - Fri.May 17, 2019

Eyeing Future IPO, A Rarity for SD Software Firms, Tealium Adds $55M

Xconomy

San Diego has had plenty of businesses go public in recent years, but most have been life sciences companies. Now software startup Tealium, which has about 215 employees at its San Diego headquarters, announced Wednesday it has added $55 million in a Series F financing. Eleven-year-old Tealium has now hauled in more than $160 million in venture capital, and is prepping to become one of the region’s first big tech companies to go public in over five years.

CareerArc Grows In LA, Names New VPs

socalTECH

Burbank-based CareerArc , which develops social recruiting and outplacement. technology and services, says it is in the midst of a big expansion in Los Angeles, and has added about 20 percent to its headcount over the last three months. The company said, as part of that growth, it has named Jason Blais as Executive Vice President of Sales, Linda Souza as Senior Vice President of Marketing, and also promoted Yair Riemer to President of its Career Transition Services Division.

Lambs, the radiation-proof underwear company formerly known as Spartan, is now selling beanies

TechCrunch LA

Earlier this year, Spartan, the French manufacturer of a silver-lined underwear designed to block EMF radiation from cell phones and wireless routers, relocated to the U.S. and raised some capital from the Los Angeles-based investment firm, Science.

Halla AI Platform for Ecommerce Raises $1.4M Seed Funding

L.A. Business Journal

Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital

Five ways to make your company stand out.

Berkonomics

There must be at least several companies out there right now positioning to compete with you. If you’re large enough, you may be the target, and if smaller, you are the minnow not the shark – and need to be agile and creative. The five strategies: Picking one to emphasize.

Startup Video Interview: Tavio Hobson, Trufl

socalTECH

As part of our new feature on socaltech, video interviews, we recently caught up with Tavio Hobson , the founder of an early stage startup called Trufl , an app which lets restaurant guests bid on a seat at a restaurant, without a reservation.

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Virgin Hyperloop One Raises $172 Million

L.A. Business Journal

Hyperloop Technologies Inc., doing business as Virgin Hyperloop One, raised $172.2 million of a planned $224.7 million equity funding round May 13 according to Securities and Exchange Commission filings

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Keiretsu Forum Orange County

SoCal Tech Calendar

Thursday, May 23, 2019 -- Keiretsu Forum. Orange County Forum. Angel investor event. See [link] (more

New Feature: Socaltech's Video Interviews!

socalTECH

We're rolling out a new feature over the next few weeks and months: video interviews!

With $12 million more in the bag, the furniture subscription service Feather heads to Los Angeles

TechCrunch LA

Furniture subscription rental service, Feather , is heading to Los Angeles and Orange County, California with $12 million in new funding and “thousands” of customers in New York and San Francisco.

Verb Technology Reports First Quarter Earnings

L.A. Business Journal

Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public

R.E.D Talk: The Future of the Supply Chain in LA County

SoCal Tech Calendar

Tuesday, May 21, 2019 --.

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ObEN Powers Cryptocurrency News Via Avatar

socalTECH

Pasadena-based ObEN , a developer of artificial intelligence-driven, animated avatars--which looks like and sound like real people--said its technology is being used to power the detailed, human avatar behind PAI News , an app which will deliver news on blockchain and cryptocurrency. ObEN said its 3D avatar, "Satoshi", will provide news on technology, finance, law, and education. ObEN said the cryptocurrency news avatar app is available both on iOS and Android.

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ASCO Abstracts: Breast Cancer, Precision Treatments in the Spotlight

Xconomy

The world’s biggest annual cancer conference is just around the corner. Data presented at the American Society of Clinical Oncology meeting each year can change medical practice and make or break companies whose drugs are under the microscope.

Expenses Outpace Revenue for Upstart Super League

L.A. Business Journal

Super League Gaming Inc. distinguished itself among esports companies – and most start-ups for that matter – by going public earlier this year, and on May 14 Super League released its inaugural earnings report

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SPAR 3D Conference and Expo

SoCal Tech Calendar

Tuesday, May 21, 2019 -- SPAR 3D Conference and Expo. SPAR 3D Expo and Conference, presented by SPAR 3D.com and co-located with AEC Next, is the premier international event for the commercial application of 3D technologies focused on 3D sensing, 3D processing, and 3D visualization tools.

Swell Rolls Out iOS App For Socially Responsible Investment

socalTECH

Santa Monica-based Swell Investing , a startup which lets consumers invest in companies which meet socially responsibility, and "impact goals", has rolled out a new iOS app, which lets consumers invest in companies from their smartphone.

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Meet the X of the Year Finalists for the Xconomy Awards San Diego

Xconomy

The Xconomy Awards categories weren’t enough to capture the full diversity of the San Diego life science community. So we at Xconomy created X of the Year for people who are so unique they needed their own categories. Read on for short introductions of the X of the Year finalists.

Silicon Beach Report May 14: Disney Buys Out Hulu Stake

L.A. Business Journal

Bird working to integrate Apple Pay; Comcast sells Hulu stake; Crypto hackers arrested after West Hollywood theft

AEC Next Technology Expo + Conference

SoCal Tech Calendar

Tuesday, May 21, 2019 --.

Citadel Defense Wins U.S Government Customer

socalTECH

San Diego-based Citadel Defense , a developer of counter-drone technology, says that it has signed up an un-named, classified U.S. government customer, which is using its technology to prevent drone attacks in "highly sensitive areas". According to Citadel Defense, its systems are specifically being used to prevent weaponized drone attacks. The size of the deal was not announced.

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Whiskey Coffee, Immigration, AI: MassChallenge Austin 2019 Startups

Xconomy

Austin —MassChallenge has picked the 74 early-stage companies that will eventually compete for a portion of $500,000 in cash as a part of its Austin accelerator program.

Silicon Beach Report May 17: Aerojet Rocketdyne, Spacex Chosen for Moon Lander Project

L.A. Business Journal

LiveXLive announces new music app; Hulu bullish on Disney taking reigns; SpaceX among firms contracted for Moon Lander

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ISSA-LA Annual InfoSec SummitXI

SoCal Tech Calendar

Thursday, May 16, 2019 -- ISSA-LA's highly successful Security Summits attract the leading worldwide Information Security speakers and trainers. Summit XI will be held May 14-17, 2019 at the Annenberg Beach House on the shores of the Pacific Ocean in Santa Monica, CA.

Cornerstone OnDemand Names Chief Marketing Officer

socalTECH

Santa Monica-base Cornerstone OnDemand said late Thursday that it has named a Heidi Spirgi as the company's new Chief Marketing and Strategy Officer, to head up the firm's marketing functions. Spirgi was most recently Senior Vice President (SVP) of Product and Services for The Marcus Buckingham Company (acquired by ADP), and was the co-founder of a strategic consulting firm, Knowledge Infusion, which was acquired in 2012 by Appirio.

BioClarity, Maker of “Clean, Green” Skincare Products, Raises $13M

Xconomy

BioClarity, which sells plant-based skincare products to online shoppers, announced Wednesday that it has raised a $13 million investment round. The San Diego-based company is part of Adigica Health, an e-commerce company founded in 2016 to develop and market direct-to-consumer healthcare products.

Silicon Beach Report May 16: Quibi Seeks Additional $1 Billion

L.A. Business Journal

Virgin Hyperloop One gains $172 million; Crackle reports first quarter earnings; Quibi plans $1 billion raise

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Southern California Quantum Computing Meetup

SoCal Tech Calendar

Wednesday, May 15, 2019 -- Southern California Quantum Computing Meetup. Joe Latone from IBM will discuss a quantum computing performance metric called quantum volume that they have developed. A representative from quantum communications company Qubitekk in Vista, Calif. will also talk regarding the development of a quantum cryptography technology solution that will provide quantum-safe authentication and encryption to automation devices in the field. See [link] (more

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Connect Homes Finds $10.8M For Prefab Housing

socalTECH

Los Angeles-based Connect Homes , a developer of prefab housing technology, has raised $10.8M in its Series A funding round, according to the company. The funding was led by Brick & Mortar Ventures and Virgo Investment Group, and also included MetaProp, Almubader Growth Fund, and Wells Fargo Strategic Capital. As part of the funding, the company added Brick & Mortar's Darren Bechtel, and Virgo's Scott Johnson to its board of directors.

Bio Roundup: Generic Drugs Graft, ASCO Ahead, ElevateBio Rises & More

Xconomy

Generic drugs are supposed to give consumers more choices and a counterweight to more costly branded medications. During his tenure as FDA commissioner, Scott Gottlieb often spoke about generics as a market force that could help tame climbing drug prices. But such tools only work when companies play fair. A lawsuit is now claiming that many top generic drug makers routinely conspired to avoid competition.