Both Sides of the Table
APRIL 12, 2017
The modern world is filled with constant distractions. Only those with maniacal focus on results and a willingness not to engage in every activity achieve extraordinary results. As executives we’re all seemingly accessible at any moment to anybody via email, Twitter, Facebook, LinkedIn or Text. We are over-intro’d and at the same time under-resourced in terms of staff to handle the barrage of in-bound requests.
Berkonomics
APRIL 13, 2017
Your vision for success must be solid and flexible enough to pass several critical tests if it is to guide a business enterprise to greatness. Here in brief are ten tests for your successful vision. Try these on for size, and test yourself for attractiveness to the marketplace, to investors and to history. Ten tests for your successful vision. Is your market identifiable and accessible?
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socalTECH
APRIL 12, 2017
With all the hand wringing in the tech industry over gender balance and equity, here's one company that apparently has no issue: LA-based Evite , the online invitations service. According to Evite, women currently make up 59 percent of its total employees, and 52 percent of its senior leadership roles, which includes its technical positions. Evite said that women head up its Product, Analytics and Data Infrastructure, Mobile Development, Testing and Advertising Operations, in addition to HR Lega
L.A. Business Journal
APRIL 14, 2017
A final $60.5 million judgement was issued against RadPad Inc. after the upstart was found liable for unlawfully scraping apartment listings and spamming users of rival Craigslist Inc.
Advertiser: Aggregage
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.
SoCal Tech Calendar
APRIL 13, 2017
Wednesday, April 19, 2017 -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join Us For A Night Of Networking With Startup Professionals In Silicon Beach! Support women entrepreneurs and Join the fastest growing tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community.
Tech.Co
APRIL 12, 2017
“We are pleased to invite you to attend LA Software Craftsmanship’s unConference event! What is an unConference? At an unConference, the topics on the agenda are decided by the attendees. The topics will be related to managing an engineering culture, dealing with current software trends and models, and creating a tightly knit LA tech community.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
APRIL 14, 2017
RadPad ordered to pay $60.5 million judgment to Craigslist, Hulu opens 500 employee service center in Texas, and in possible win for SpaceX, NASA may rely on commercial partners for Mars trip.
SoCal Tech Calendar
APRIL 13, 2017
Wednesday, April 19, 2017 -- TCVN Workshop: How to Avoid Common Entrepreneur Mistakes. Starting a business is hard! If only it was as simple as building your prototype and executing on your business plan! At the same time, you need to make sure you dont get whacked on the back of the head because you ignored (or were not aware of) certain legal requirements, which can render your company unfundable in the eyes of an investor.
Tech.Co
APRIL 12, 2017
“With technology, the advertising industry is going under massive disruptions right now. Mix, mingle, and network with other advertising professionals. Find partners with advertisers, ad agencies, publishers, and ad tech companies. Free parking 3 hr validation w/ $10 purchase from the bar with the parking structure on 646 S. Olive St.
socalTECH
APRIL 10, 2017
Los Angeles-based MobileCause , which develops fundraising and communications software for nonprofits, has rolled out an enhanced crowdfunding software product. According to the company, which is venture backed by Level Equity, said its software allows for use of dynamic templates, social sharing, and other features. MobileCause is led by CEO Sean MacNeill.
L.A. Business Journal
APRIL 13, 2017
Instagram Stories users rise to 200 million per day, Aerojet moves rocket engine work to Alabama, and Hulu Live TV service to cost $39.99 per month with ads.
SoCal Tech Calendar
APRIL 12, 2017
Tuesday, April 18, 2017 -- Becoming Investor Ready - Art of the Fast Pitch. A short Fast Pitch presentation (60 to 90 second) is a must have tool that every entrepreneur should know how to eloquently deliver. When you have an opportunity to give a quick snap shot of your venture you want to leave the person with asking for more information. Watch other entrepreneurs master the art of the 60-second investor presentations followed by investors questions.
Xconomy
APRIL 12, 2017
Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the San Diego mobile app developer. Lymber, named as a 2017 Xconomy San Diego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes. “We’re basically an Expedia for fitness and wellness studios,” Lymber co-founder and CEO Doug Hecht told me by telephone after the Mindbody deal closed.
socalTECH
APRIL 14, 2017
TriTech Small Business Development Center (SBDC), which provides consulting and training to high tech entrepreneurs, and NASA Armstrong Flight Research Center , in Edwards, California, are in a new economic development, technology transfer, and research relationship, the two announced on Thursday. According to the two, the deal is part of an effort to create a "new business model to spur economic development.
L.A. Business Journal
APRIL 14, 2017
Embodied engineers robots to help human patients get with their health programs.
Startup Professionals Musings
APRIL 9, 2017
If you are an entrepreneur today, and not using social media to promote your business, you are missing out on a huge opportunity. But, contrary to what most people preach, it isn’t entirely free. Most social media outlets don’t require a subscription charge, but they certainly always require an investment, sometimes large, in people, in technology, your reputation, and your time.
Xconomy
APRIL 12, 2017
In January, UC San Diego announced that a group of scientists had succeeded in training a computer to tell the difference between a person with a “healthy” intestine from someone with inflammatory bowel disease by analyzing the genetic makeup of the microbes in their gut. Less than two weeks later, scientists at Stanford University said they also had created an artificial intelligence algorithm that could diagnose skin cancer as accurately as a panel of 21 board-certified dermatologists.
socalTECH
APRIL 11, 2017
Robert Rhinehart, the CEO of Los Angeles-based alternative meal replacement startup Soylent , has avoided the risk of being sent to jail, as part of a plea agreement over code violations at his Montecito Heights home, according to a report today. Soylent develops meal replacement products, aimed at letting people completely skip the bother of eating a meal.
socalTECH
APRIL 13, 2017
Music Audience Exchange , a startup which develops a marketing platform aimed at the music industry, says it is planning on expanding its engineering team in Los Angeles, after a $6M funding round last month. The company announced $6M in funding from MATH Venture Partners and KDWC Ventures, along with G-Bar Ventures and Gregg Latterman, Founder and CEO of Aware Records in March.
socalTECH
APRIL 14, 2017
San Diego-based gene therapy developer Tocagen rose in its IPO this morning, after pricing at $10.00 per share last night in its initial public offering. Tocagen was trading up around 24% in morning trading, at $12.45 per share, after its debut on the NASDAQ Global Select Market as TOCA. Tocagen is developing clinical-stage, cancer-selective gene therapy products.
socalTECH
APRIL 14, 2017
Santa Monica-based Meed , a developer of financial technology and banking applications, said late Thursday that it has linked up with Oracle , to deliver its digital financial services to banks worldwide. Meed said it will integrate with Oracle's Digital Banking Experience (OBDx) solution. Financial details of the deal were not disclosed. Meed said that, so far, it has launched its applications in Vietnam, and already has signed up over 300,000 users in that country after a launch in November; t
socalTECH
APRIL 12, 2017
Fullerton-based Digsy has rolled out a new, sales software platform specifically aimed at helping commercial real estate brokers better manage their sales teams. Digsy is backed by Gil Amelio (former CEO of Apple), Gordon Stephenson (board member with Zillow) and Sean Ellis (GrowthHackers.com and DropBox), K5 Ventures, Tech Coast Angels, along with executives from LoopNet.
socalTECH
APRIL 11, 2017
Irvine-based MFour Mobile Research , a developer of mobile survey and research software, announced today that it has raised $5M in a new funding round. The funding came from Kayne NewRoad Ventures Fund. According to the company, the funding will go towards scaling technology and research staff. MFour is led by CEO Chris St. Hilaire. MFour said it has more than 1 million people accessible via its panel, and will also use the funding to has launched new mobile ad measurement products.
socalTECH
APRIL 11, 2017
San Diego-based Maxwell Technologies , the technology developer which is now focused on ultracapacitor energy storage technology, said it has reached a deal with investor Viex Capital Advisors, LLC, to appoint a board member. The company said it has agreed to appoint John Mutch as an independent director to the company. Mutch was selected by Viex but, according to the company, is not an affiliate or associate of Viex.
socalTECH
APRIL 11, 2017
San Diego-based Qualcomm has filed an "answer and counterclaim" in response to the lawsuit from Apple Computer, saying that Apple's effort "devalue the fundamental Qualcomm technologies empowering the iPhone". Apple sued Qualcomm in January, claiming that Qualcomm was charging unfair amounts for licenses to its technology. Qualcomm, for its part, said that Apple had failed "to engage in good faith negotiations for a license to Qualcomm's 3G and 4G standard essential patents on fair, reasonable a
socalTECH
APRIL 11, 2017
Irvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp., and also included current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital, bringing its total raised to $178M. Tegile, whose flash-based storage arrays are aimed specifically for use in databases, virtualized server and virtual desktop environments, says the fund
socalTECH
APRIL 10, 2017
Irvine-based Vizio and Chinese electronics giant LeEco have called off the $2 billion acquisition of Vizio by LeEco, citing "regulatory headwinds". Hints that the deal were going south have been apparent for months, as LeEco has faced a cash crunch , issues getting cash for the deal from overseas , and more. The two had reached an agreement in July of 2016 for LeEco to buy Vizio, a move which would have made Vizio founder William Wang a billionaire.
socalTECH
APRIL 10, 2017
Los Angeles-based Neural Analytics , a startup which is developing medical devices used to measure, diagnose, and track brain health, has raised $10M in a funding round, the company said this morning. The funding was led by Reimagined Ventures. As part of the funding, the company said that Ted Koutouzis of Reimagined Ventures joins the company's board.
socalTECH
APRIL 14, 2017
Los Angeles-based business process outsourcing provider TaskUs is in another big expansion, this time in Texas, saying it plans to hire more than 500 employees in San Antonio, in a new, 32,000 square foot space in that city. TaskUs also announced an expansion in Santa Monica earlier this month, to a new space at the Santa Monica airport. On the negative side, TaskUs said that it's two founders, Bryce Maddock and Jaspar Weir, are both moving to Texas as part of the new expansion.
socalTECH
APRIL 14, 2017
Keysight Technologies and Calabasas-based Ixia announced Thursday afternoon that they have cleared the final regulatory hurdles over Keysight's acquisition of Ixia, and now expect the deal to close on April 18th. The company said it received clearance under the antitrust laws of Russia, Germany, and Israel, in addition to clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 here in the United States.
socalTECH
APRIL 14, 2017
Los Angeles-based Broadvoice , a provider of unified communications (UC), voice, and SIP trunking services for businesses, has acquired Tustin-based XBP , the companies said late Thursday. Financial details of the acquisition were not announced by the companies. Broadvoice said that XBP's entire workforce will join the company as part of the acquisition.
socalTECH
APRIL 13, 2017
Sylmar-based medical device maker Second Sight Medical Products , which develops implantable retinal prothesis designed to help provide some useful vision in blind patients, says it has implanted its first system in Asia. Second Sight Medical said the Argus II Retinal Prosthesis System was implanted in a patient at the Chang Gung Memorial Hospital (CGMH), in Linkou, Taiwan.
socalTECH
APRIL 13, 2017
San Diego-based Qualcomm was ordered to pay $814.9 million, plus interest and attorney's fees, to BlackBerry , as part of an arbitration related to the company's royalties for certain past sales of subscriber units, Qualcomm said on Wednesday. The arbitration award came as a result of a contract dispute between the companies relating to a per-unit royalty cap program at Qualcomm.
socalTECH
APRIL 13, 2017
Calabasas-based Ixia , the developer of network testing hardware and software, along with other products, said late Wednesday that its shareholders have voted to approve the acquisition of the company by Keysight Technologies. The two companies had announced the acquisition deal on January 30th. Ixia said that approximately 82.8 percent of its outstanding shares were voted in favor of the deal.
socalTECH
APRIL 13, 2017
Los Angeles-based j2 Global , which provides both a suite of Internet services and runs an extensive digital media and content publishing business, has made five more acquisitions, the company said today. The company said it completed five acquisition in the first quarter of 2017 across three of its business units. The company said it acquired MXForce (email), SendInc (email), Longscope (email), MailerMailer (email marketing), and Scrypt (fax).
socalTECH
APRIL 12, 2017
Over $1.1 billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report , issued by PricewaterhouseCoopers LLP and CB Insights. The report tallied up $926.4M invested across 71 deals in Q2 of 2017 in LA and Orange County, and $202.37M invested in San Diego for the quarter across 32 deals.
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