Sat.Aug 22, 2020 - Fri.Aug 28, 2020

LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown.

What’s a “data room” and how do you use it?

Berkonomics

First, what’s a “deal book?”. Maybe you have not heard the term, “deal book.” That’s a comprehensive piece on a company for use by a buyer in determining fit.

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Post-Breakup Apps Help Women Move On

L.A. Business Journal

After going through a difficult breakup, Elle Huerta created what she thought she and others in her situation needed: an app for women who had recently split from their partners

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6 Ways To Pull In Customers Without Push Marketing

Startup Professionals Musings

Entrepreneurs have always believed that their product or service must show real value to customers, but today the smart ones are even able to make their marketing valuable. The days are gone when marketing was all “pushing product.”

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.

Earn the best backlinks with high-quality content and digital PR

TechCrunch LA

Amanda Milligan. Contributor. Share on Twitter. Amanda Milligan is the marketing director at Fractl , a prominent growth marketing agency that’s helped Fortune 500 companies and boutique businesses alike earn quality media coverage, backlinks, awareness and authority. More posts by this contributor.

SoCalGas Gets $7.1M for Zero and Near-Zero Emissions Vehicle Technology Research

socalTECH

Southern California Gas Co. , the primary supplier of natural gas to customers in Southern California, reports that it has received over $7M in funding from the U.S. Department of Energy (DOE), to advance its work on zero- and near-zero emissiosn vehicle technology. The company said $7.1M in funding from the DOE will go towards projects led by Cummins, Inc.,

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10 Strategies That Work Best For Serial Entrepreneurs

Startup Professionals Musings

Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down.

Biotech Roundup: FDA Culpa, Tricida Trips, Freenome’s Funding & More

Xconomy

Among the casualties of the COVID-19 pandemic: the credibility of government agencies entrusted with protecting public health. The FDA this week granted emergency use authorization for convalescent plasma as a treatment for infection by the novel coronavirus.

Chatmeter Names Trio Of Executives

socalTECH

San Diego-based Chatmeter , a provider of local search marketing and reputation management services, said it has hired three new executives on Thursday. The company said it has hired Dan Cunningham as Chief Technology Officer; Nichole Peterson as Vice President of Finance; and Kathleen Titano as Director of People & Culture. Cunningham was previously CTO and co-founder of ReadyTalk. Peterson was previously Corporate Controller at Mapp Digital, and also served at Verve.

Miso Robotics Names Bell as Chief Executive

L.A. Business Journal

Miso Robotics Inc., the Pasadena-based robotics and artificial intelligence company, has appointed tech veteran Michael Bell as its new chief executive

8 Keys To Success In Your Next New Business Interview

Startup Professionals Musings

Startups and small businesses are different worlds from big enterprises, so the qualities you need to get a job in a new venture are different.

Dyne Eyes IPO for R&D of Genetic Medicines for Rare Muscle Diseases

Xconomy

Not long ago, having early data about how an experimental drug worked in humans was expected of biotechs considering IPOs.

Movandi Ups Funding To $29.6M, Round Targeted At $35.8M

socalTECH

Irvine-based hardware maker Movandi , a developer of millimeter wave, wireless technology used for 5G networks, has upped its recently announced funding round to a total of $29.6M, according to a regulatory filing from the firm on Monday, and still hopes to raise as much as $35.8M in the round. Movandi had announced its Series C in April, saying it had raised $27M from WRVI Capital, and also included Cota Capital and DNX Ventures. READ MORE>>.

TikTok Launches Extensive Marketing Campaign

L.A. Business Journal

TikTok is ramping up its marketing efforts in the face of a potential ban in the United States and data security investigations in Europe

7 Keys To Transforming Your Invention Into A Business

Startup Professionals Musings

Do you have an invention that you believe is worth a million dollars? In fact, it could be worth much more than that, if you are able to use it to kickstart a successful business.

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Acadia Pharma Acquires CerSci, Potential Pain Meds in $52.5M Buyout

Xconomy

Acadia Pharmaceuticals has acquired Texas biotech CerSci Therapeutics, a privately held company with a clinical-stage molecule under evaluation as a potential therapy for post-surgical and nerve pain. The San Diego-based company splashed out $52.5

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Ingram Micro On The Block, Says Report

socalTECH

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. The deal is reportedly worth around $7 billion, according to Bloomberg. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. Bloomberg cited "people with knowledge of the matter" for the report.

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Post-Breakup Apps Help Women Move On

L.A. Business Journal

After going through a difficult breakup, Elle Huerta created what she thought she and others in her situation needed: an app for women who had recently split from their partners

Help 130

7 Keys To A New Startup While Still In A Paying Job

Startup Professionals Musings

Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family.

Final Agenda Released for the Xcelerate Keynote Series at Biotech Week Boston

Xconomy

Presented by Xconomy, the 100% digital Xcelerate Keynote Series at Biotech Week Boston on Monday, Sept. 21 places a spotlight on life science leaders who are breaking new ground with methods and solutions in R&D, planning, and production that are improving patient outcomes.

Irvine's Menlo Micro Takes Lead In RF MEMS Switching, Says Report

socalTECH

Irvine-based Menlo Micro , a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum. The company--a spinoff of GE Ventures--reportedly now has 30 customers in aerospace, military, and wireless-infrastructure industries.

TikTok Sues Trump Administration in Challenge to US Ban

L.A. Business Journal

TikTok filed a complaint in federal court disputing the Trump administration’s efforts to ban the platform’s U.S. operations

Happy Money Offers Up Free Wellness Course

socalTECH

Orange County-based Happy Money , which is backed by. Anthemis Group, Tencent Holdings and CMFG Ventures, says it is launching a free, 6-week wellness course it calls "Peace". According to Happy Money, the free course uses cognitive behavioral therapy, positive psychology, and psychometrics to help people understand and reduce the impact of financial stress on their lives. Happy Money said it will be launching the new course through its credit union partners.

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Beyond Meat Launches Direct To Consumer Sales

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Fans of El Segundo-based Beyond Meat can now purchase Beyond Meat's plant-based meat products direct from the company, through an online store, as Beyond Meat expands beyond restaurants and grocery chains. The move to support online sales comes several months after Beyond Meat's main competitor, Impossible Foods, also launched online sales, as consumers have avoided both restaurants and grocery stores due to the continuing pandemic.

GoSite Links Into Shutterstock

socalTECH

San Diego-based GoSite , which operates an online platform aimed at helping small businesses get online, says it has linked with image provider Shutterstock. GoSite said it will offer up Shutterstock's content through its own platform. Shutterstock is a provider of stock images and photos. GoSite said it will provide Shutterstock's images directly in GoSite's Sites product, using Shutterstock's API. READ MORE>>. gosite shutterstock small business online images stock photography

Openfit Ties Fitness Content Into Amazon Halo

socalTECH

Santa Monica-based Openfit , which provides digital, on-demand and live fitness, nutrition, and wellness programs, says it has tied into Amazon Halo , Amazon's new fitness and health tracking band. According to Openfit, as part of the collaboration, it has created a series of fitness-focused Labs which converts the data tracked by Amazon Halo into "actions that lead to measurable impact on their health and wellness." Financial details of the link were not announced.

Oblong Wins Big Box Retailer

socalTECH

Los Angeles-based Oblong , the developer of collaboration and remote meeting technology, reported a win with an an-named S&P 500 big box retailer this morning. According to the company, it was selected by that retailer for its corporate meeting spaces, to help with effective team collaboration at company headquarters while maintaining social distancing guidelines. Financial impact of the win was not announced.

Bird Offers Free Rides To Teachers

socalTECH

Los Angeles-based micro-mobility and scooter provider Bird said this morning that it will be offering up free rides to teachers to start off the school year, providing them with up to two, free, 30-minute rides per day until the end of September. According to Bird, the Free Rides for Teachers program is valid both in the US and Europe, and is part of a "thank you" to teachers facing an unusual year with academic challenges posed by COVID-19.

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Harbor Finds $5M For Disaster Preparedness App

socalTECH

Los Angeles-based Harbor , a startup that is gamifying disaster preparedness through an app, has raised $5M in a seed funding round, the company disclosed on Thursday. The funding came from 25madison. Harbor is led by CEO Dan Kessler, who previously served at LA's Headspace. Harbor says it plans to launch its product in October. Kessler was previously VP of Global Business Development, and most recently had been Entrepreneur-in-Residence at 25madison, which is based out of New York.

Amazon Opening High Tech Grocery Store In Woodland Hills

socalTECH

Amazon is getting set to open up a brand new, high-tech grocery store-- Amazon Fresh --in Woodland Hills, the first in what the e-commerce giant hopes will be a new segment of the grocery industry. The store, roughly the same size as Whole Foods, will feature "Dash Carts", which will allow shoppers to check out without waiting in line, and also will include Echo Show smart displays, kiosks with Amazon's Alexa activated, and an entire are for picking up Amazon.com orders. READ MORE>>.

RateMyAgent Raises $7M For U.S. Expansion

socalTECH

RateMyAgent , an online service for rating real estate agents which has its U.S. headquarters in San Diego, said it has raised $7M in funding. Source of the funding was not announced. According to the Australian company, the funding will go towards its growth efforts in the U.S. real estate market. The company said the new funds will go out to build out its U.S. sales and support team.

Acorns Gets Investment From The Rock

socalTECH

Irvine-based financial wellness program operator Acorns , which operates a program that encourages Americans to save and invest, says it has received a strategic investment from Dwayne "The Rock" Johnson and Dany Garcia, the co-founders of Seven Bucks Companies. Size of the investment was not announced. Johnson is best known for his acting roles, but now runs Seven Bucks Companies with his ex-wife, Dany Garcia. Seven Bucks Companies also owns the XFL sports league.

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Atom Tickets Launches On Snapchat

socalTECH

Santa Monica-based movie ticketing app Atom Tickets is launching its app as a third-party, branded experience on Snapchat , the company announced on Wednesday. According to Atom Tickets, its new experience, Movie Ticekts By Atom, will let users on Snapchat watch movie trailers, buy movie tickets, and share their movie plans with friends all within Snapchat's Mini feature.

Bingie Debuts New Social Movie Recommendation App

socalTECH

Los Angeles-based Bingie , a new startup, debuted a new, social recommendations app that helps users get movie recommendations from their friends on Thursday. The startup--led by Matt Knox--says the app helps users with movie recommendations across such services as Netflix, Disney+, Amazon Prime Video, Hulu and more.

New Bill Threatens Shared Scooter, Bike Companies Like Bird, Wheels

socalTECH

A new California bill is threatening shared, micro-mobility companies like Santa Monica-based Bird and Los Angeles-based Wheels , by threatening to eliminate their ability to force their users to sign away their rights to sue those companies in the case of an injury or accident. According to the proposed law, agreements from those micro-mobility companies "shall not contain a provision by which the user waives, releases, or in any way limits their legal rights or remedies under the agreement."

COVID-19 Shifts Business Expenses, Says Report

socalTECH

A new analysis, by Los Angeles-based expense management software developer Emburse , shows that reimbursed employee expenses have shifted significantly in the wake of the COVID-19 pandemic. According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments.

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