Sat.Jul 27, 2019 - Fri.Aug 02, 2019

Acadia, Neurocrine See Stock Price Bump After Quarterly Earnings

Xconomy

We’re in the midst of earnings season, and a couple of San Diego’s publicly traded biotechs recently updated investors this week with sales data and other financial insights. Here’s a look at those companies.

Ordermark, the online-delivery order management service for restaurants, raises $18 million

TechCrunch LA

Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group.

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Report: Ring Now Working With Over 200 Law Enforcement Agencies

socalTECH

Santa Monica-based Ring --the doorbell and security camera maker which is now owned by Amazon --has now partnered up with at least 200 law enforcement agencies, giving those departments the ability to see where Ring cameras are installed in a neighborhood, and allowing the police to directly contact camera owners for requests for footage, according to a report.

Where’s your team playbook? Hmm?

Berkonomics

This one comes straight from football.

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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.

Loot Crate Closes Warehouse, Lays off 150 Workers

L.A. Business Journal

Lincoln Heights-based retailer Loot Crate Inc., which sells subscription boxes of apparel and collectibles, closed down its Vernon warehouse and laid off the facility's 150 workers this month

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Fortnite World Cup has handed out $30 million in prizes, and cemented its spot in the culture

TechCrunch LA

The Fortnite phenomenon — the wildly popular battle royale game from Epic Games — has manifested itself in concerned articles , cultural shoutouts and now has sealed its place in the cultural firmament by wrapping up its first “World Cup” which saw the company give away $30 million in prizes.

More Trending

What Your Car Says About You

AllTopStartups

Cars are more than just the things you drive. They’re a part of who you are and tend to reflect your personality. Think about it. When you shop for a… The post What Your Car Says About You appeared first on AllTopStartups. LIFE HACKS car

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Boingo Reports Record Revenue with New Locations, Access Fees

L.A. Business Journal

Profits were roughly $0 for Boingo Wireless Inc. in the second quarter but the Wi-Fi provider added ten new internet service locations, setting a quarterly revenue record including roughly $10 million in access fees

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Mobile messaging financial advisory service, Stackin, adds banking features and raises cash

TechCrunch LA

When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services.

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Video Interview: Jeff Cohn, Syndicated Maps

socalTECH

Jeff Cohn , the founder and CEO of Syndicated Maps (www.syndicatedmaps.com) previously helped start up the Tech Coast Angels' efforts and company screenings in Los Angeles.

7 Keys To Balancing Profits Versus A Higher Purpose

Startup Professionals Musings

It’s always been tough to start a new business, even when the bottom line was just making a profit to stay alive. A few years ago, a second focus of sustainability (“green”) was added as a requirement for respectability. Now I almost always hear a third mandate - social responsibility.

Stackin Raises $4 Million for Banking Platform

L.A. Business Journal

Venice-based Stackin Inc., a startup that offers financial planning advice via text message, has finalized a $4 million Series A raise to build out its platform and grow operations

In SF, tech crumbled the American dream — LA can do better

TechCrunch LA

Damian Bradfield. Contributor. Damian Bradfield is the president, CMO and founding partner of WeTransfer , the company that designs tools for the creative process. His upcoming book, The Trust Manifesto, about trust in the era of big data, will be released on October 4th. In the summer of 2018, parts of San Francisco’s public utilities turned gold.

Video Interview: Jenny Wang, Jeni Vision

socalTECH

Our video interview today is with Jenny Wang, Ph.D. , the co-founder and CEO of Jeni Vision (www.jenivision.com), a venture funded startup spun out of UC Irvine, which is developing treatments for a number of opthalmic conditions. Jeni Vision has so far raised $7M in its Series A funding.

9 Success Inhibitors To Overcome For Rapid Growth

Startup Professionals Musings

A common complaint I hear from my startup clients and many entrepreneurs is that rapid growth is more difficult than ever anticipated. The assumption usually is that more money is needed for marketing, or another round of new development is needed on the product.

Exact Sciences Buying Genomic Health in $2.8B Cancer Diagnostics Deal

Xconomy

With ambitious sales goals and its stock trading at an all-time high this year, cancer diagnostics firm Exact Sciences decided to go shopping. The result is a deal announced Monday to acquire Genomic Health for $2.8

16th Annual ERA Summer Social and Electro-Tech Table Top Show

SoCal Tech Calendar

Thursday, August 8, 2019 -- 16th Annual ERA Summer Social and Electro-Tech Table Top Show. 16th Annual electronics industry (Reps/Distributors/OEM's, CM's, etc) Summer Social - this year we are adding a mini table top show starting at 2:45 in an effort to get attendees to show up a bit early to see the latest and greatest products on display. Then stay and enjoy cold beverages and appetizers on a beautiful summer evening on the patio. See [link] (more

Video Interview With Alex Canter, Ordermark

socalTECH

Los Angeles-based Ordermark (www.ordermark.com)announced this morning that it has raised $18M in a Series B funding round from Foundry Group, TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures, and Nosara Capital.

5 Stages In Leading Paradigm Shift Levels Of Change

Startup Professionals Musings

A refrain I often hear from technology entrepreneurs to investors is that their product or solution is so innovative that it will cause a “paradigm shift” in the industry.

Mark Levin Named Xconomy’s 2019 Lifetime Achievement Award Winner in Boston

Xconomy

We at Xconomy are excited to announce that we are honoring Mark Levin, co-founder and partner at Third Rock Ventures, with our 2019 Lifetime Achievement Award in Boston. The award recognizes Levin’s extensive contributions to the biotech industry and to the Boston life sciences ecosystem.

Ordermark Raises $18 Million to Expand Business

L.A. Business Journal

Alex Canter, the heir to one of Los Angeles’ most dominant delicatessens, raised an $18 million Series B for Ordermark Inc., his online food ordering and delivery platform

TenOneTen Launches New Podcast, LA Venture

socalTECH

Los Angeles-based venture capital investment firm TenOneTen Ventures has launched a new podcast, to highlight Los Angeles area venture capital funds, the fir is announcing today. The new podcast is run by Minnie Ingersoll and David Waxman, partners at TenOneTen, and it intended to help entrepreneurs get to know LA-based funds and the people behind them, according to Waxman.

10 Techniques For Enhancing Your Personal Trust Level

Startup Professionals Musings

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control.

Illumina Cuts Forecasts As Consumer Tests, Genomics Initiatives Lag

Xconomy

About this time last year, DNA sequencing giant Illumina upped its financial projections, estimating its sales would grow 20 percent year-over-year. It exceeded that goal, with revenue rising 21 percent to $3.33 billion by the end of 2018. It’s a different financial story this summer.

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Ingram Micro Launches Startup Competition

socalTECH

Irvine-based Ingram Micro , a distributor of technology products and provider of cloud and other related services, has launched a new competition aimed at startups, thec ompany said this morning. According to Ingram Micro, its new Comet Competition is aimed at early stage, independent software vendors (ISVs), which will award $5M in money and funding to a total of 60 ISVs, through a series of 16 competitions, which it will conduct internationally.

UC Santa Barbara Sues Walmart, Target, Amazon Over Filament LED Patent

socalTECH

In a major, patent lawsuit, the University of California, Santa Barbara has sued the five biggest retailers of filament "Edison-style" LED lighting, saying all of those bulbs violate patents held by UC Santa Barbara. According to UCSB, the Regents of the University of California filed a complaint with the U.S. International Trade Commission and lawsuits against five major retailers for the unauthorized distribution of what it says is its patented filament LED lighting technology.

DTS Powers New ASUS ROG II Phone

socalTECH

Calabasas-based DTS is powering the new immersive audio experience for the ASus Republic of Gamers (ROG) gaming phone, according to DTS. DTS--which is now part of Xperi Corporation--said that its DTS:X Ultra audio technology is being incorporated into the new ROG Phone II, the newest product from ASUS Republic of Gamers. Financial impact of the win was not announced.

Causecast Acquired By America's Charities

socalTECH

Burbank-based Causecast , which developed an online platform to help employers increase employee engagement with charitable causes, has been acquired by America's Charities , a nonprofit focused on getting employees to support causes they care about. Financial terms of the acquisition were not announced. Causecast was founded and led by CEO Ryan Scott. According to America's Charities, the acquisition will help it further strengthen its support of the "social good" sector.

CerraCap Ventures Gets Investment From Mexico Ventures

socalTECH

Costa Mesa-based CerraCap Ventures READ MORE>>. cerracap ventures venture capital investment fintech orange county mexico international

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Interview with Rich Branning, Sweep

socalTECH

Rich Branning is the CEO and co-founder of Sweep (www.sweepcrew.com), a company that handles logistics, maintenance, and other heavy lifting required for on-demand scooter companies like Bird, Lime, and others. We caught up with Rich to better understand the business, and why he thinks it's critical that companies like his step in to handle the labor intensive, logistics challenge that on-demand scooter companies have created for themselves. What is Sweep all about?

NASA Selects SpaceX, Other Local Space Companies For New Program

socalTECH

NASA has selected Hawthorne-based SpaceX , Carlsbad-based Vulcan Wireless , and Canoga Park-based Aerojet Rocketdyne as part of a new program to boost technologies to land humans on the Moon by 2024, the space agency announced on Tuesday. According to NASA, it has selected a total of 13 companies to help "mature industry-developed" space technologies.

OnRobot Sets Up Office In Los Angeles

socalTECH

OnRobot , a manufacturer of grippers, force and torque sensors, and other products that are installed on the end of industrial robots, says it has set up a new office in Los Angeles, after its acquisition of another company, Perception Robotics. According to OnRobot, the new office in Culver City will be exclusively dedicated to research and development, and will help it attract talent and add new products to its portfolio. OnRobot is headquartered in Odense, Denmark.

Ordermark Gets $18M In Series B

socalTECH

Culver City-based Ordermark , which develops software to help restaurants manage the orders and headache of having to deal with multiple, disparate, mobile delivery services, has raised $18M in a Series B funding, the company announced on Monday morning. According to the company, the new funding was led by Foundry Group, and also included TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures, and Nosara Capital.

Don’t Wait To Catch Up Until Your Customers Hate You

Startup Professionals Musings

After working in business at all levels, and consulting to entrepreneurs for years, I’m still surprised to see so many situations where things that should be easy are painful to customers, and lead to customers hating your business.

IKEA Starts Selling Sonos Speakers

socalTECH

IKEA has started selling a new line of speakers it devleoped in conjunction with Santa Barbara-based Sonos this week, including an oddly shaped, dual "speaker lamp", the SYMFONISK. According to IKEA, the new lamp is the "best sounding lamp in the world" and combines both a smart, Wi-Fi speaker and a light. IKEA also rolled out a combination speaker-and-shelf and other speaker products.

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ServiceTitan Buys CUC Software

socalTECH

Glendale-based ServiceTitan has acquired CUC Software , a developer of business software products aimed at the heating, ventilation, and air conditioning industry, the company said this week. Financial details of the buy were not announced. CUC Software was based in Billings, Montana, and was founded in 1981. According to ServiceTitan, CUC Software's customers were largely based in Canada.