Sat.Dec 02, 2017 - Fri.Dec 08, 2017

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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

TechCrunch LA

Kevin Novak, the architect of Uber's dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data.

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An experienced coach has seen your movie before.

Berkonomics

Business coaches come in all sizes and shapes. Entrepreneurs will have a relative willing to devote time, a school friend with business experience, professionals who charge for the service, investors with a reason to promote your success and more. Photo courtesy IBM Business Coaching. But by far the best coaches are those that have lived through the process you’re going through and built successful enterprises in your same industry.

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Minkonet Raises $1M, Sets Up Headquarters In Los Angeles

socalTECH

Minkonet , a South Korean startup which is developing 3D video game capture technology, said this morning that it has raised $1M in a "Pre-Series A" investment round, and has set up a brand new headquarters in Los Angeles. The funding came from Evergreen Investment Partners, along with existing investors Bluepoint Partners and Kite Foundation. According to Minkonet, the funding specifically goes towards its operations in Los Angeles, and expansion into North America.

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Silicon Beach Report Dec. 8: Snapchat Gets Up To $1 Million a Day for Branded Augmented Reality

L.A. Business Journal

Snapchat gets up to $1 million a day for branded augmented reality; K1 invests $200 million in SecureAuth; and Disney adds tech execs to board.

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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.

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997. In that time they’ve seen the city’s technology scene evolve in fits and starts, but now, with companies like Snap, Dollar… Read More.

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Why Coachella Valley Is a Hub for Renewable Energy Startups

Tech.Co

Coachella Valley is referred to as the “Desert Empire” to differentiate it from the neighboring urbanized Inland Empire and the Imperial Valley. The Valley also houses desert resort cities of Palm Springs and Palm Desert and is the location for the infamous Coachella Music Festival. What you may not know that in the middle of these buzzing cities lies a hub for renewable energy innovation.

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Silicon Beach Dec. 7: Fandom Site Movie Pilot Acquired by France’s Webedia Digital Media Group

L.A. Business Journal

Fandom site Movie Pilot acquired by France’s Webedia Digital Media Group, LAPD warns drivers navigation apps may steer towards fires and Boeing CEO Says ‘We will beat SpaceX to Mars.

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Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

TechCrunch LA

Kevin Novak, the architect of Uber’s dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data. Read More.

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Silicon Beach Networking Mixer At Wurstkuche in Venice

SoCal Tech Calendar

Wednesday, December 13, 2017 -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join the fastest growing startup and tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Register immediately for an early bird ticket.

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HG Data Updates App On Salesforce

socalTECH

Santa Barbara-based HG Data said this morning that it has rolled out a new, enhanced app on the Salesforce AppExchange. The company's software is used by sales teams to sort, filter, and target B2B customers. HGData is venture backed by Updata Partners and Rincon Venture Partners. READ MORE>>.

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Silicon Beach Report Dec. 6: CrossCut Ventures Raises $125 Million

L.A. Business Journal

CrossCut Ventures raises $125 million, Prevoty secures $13 million in Series B round led by Trident Capital Cybersecurity and would Disney, with control of Hulu and Fox Studios, have formula for a Netflix killer?

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Education technology meets its limits

TechCrunch LA

This week has been a good one for those who like to talk about the limits of technology. Over in the UK, a prankster managed to fool Trip Advisor into naming his shed the #1 ranked restaurant in London. Meanwhile, in Los Angeles, a city struggling to manage several wind-fueled wildfires, the L.A.P.D. has asked drivers to refrain from using navigation apps because they’re steering… Read More.

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Why Coachella Valley Is a Hub for Renewable Energy Startups

Tech.Co

Coachella Valley is referred to as the “Desert Empire” to differentiate it from the neighboring urbanized Inland Empire and the Imperial Valley. The Valley also houses desert resort cities of Palm Springs and Palm Desert and is the location for the infamous Coachella Music Festival. What you may not know that in the middle of these buzzing cities lies a hub for renewable energy innovation.

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XPRIZE Whittles IBM Watson AI Teams To 59

socalTECH

XPRIZE , the Los Angeles nonprofit which promotes development of new technology to help solve world problems, has whittled down the number of teams competing in the IBM Watson AI XPRIZE , focused on using AI to world's greatest challenges. According to XPRIZE, it now has 59 teams across 14 countries competing for the $5M prize, with the top ten teams being named this week at the annual conference on Neural Information Processing Systems (NIPS) in Long Beach.

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Silicon Beach Report Dec. 5: Hyperloop One Co-Executive Chairman Shervin Pishevar Takes Leave of Absence

L.A. Business Journal

Hyperloop One Co-Executive Chairman Shervin Pishevar takes leave of absence, Ziff Davis to close Mashable acquisition for $50 million and lay off 50 people and Relativity Space aims to 3-D print entire launch vehicles.

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997. In that time they’ve seen the city’s technology scene evolve in fits and starts, […].

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AIMed

SoCal Tech Calendar

Wednesday, December 13, 2017 -- AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare.

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CrossCut Ventures Raises $125M Venture Fund, CrossCut 4

socalTECH

Los Angeles-based CrossCut Ventures , the venture firm run by Rick Smith, Brian Garrett, Brett Brewer, and Clinton Foy, is announcing this morning that it has raised a big new fund-- CrossCut 4 --worth $125M. According to CrossCut, the new fund was targeted at $100M, but was highly oversubscribed, even beyond the fund's hard cap at $125M. The fund is the fourth for CrossCut, which focuses on seed-stage and Series A investments, and is worth more than the combined total of the firm's prior three

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Gift Guide 2017: Star Wars Gadgets and Gear

Tech.Co

Star Wars. The franchise is one of the most famous of all time — the original 1977 film is up there with Gone With the Wind as the most beloved 20th century flick. Unlike Gone With the Wind , the futuristic Star Wars franchise lends itself incredibly well to branded tech gadgets. And also (sadly?) unlike Gone With the Wind , it has its official eighth episode debuting in theaters in just a few weeks.

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Education technology meets its limits

TechCrunch LA

Developing skills-based online courses and credentials is the easy part. The hard part is getting employers to pay attention.

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AIMed

SoCal Tech Calendar

Thursday, December 14, 2017 -- AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare.

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Tech Scenes: Andrew Blackmon of The Black Tux

socalTECH

Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive. In this solo episode we meet up with Andrew Blackmon Co-Founder and Co-CEO and talk about The Black Tux, why entrepreneurship, building a company from a personal experience, Los Angeles over New York, and the challenge of logistics and technology. Watch Tech Scenes episode two we explore Los Angeles from Pasadena, Hollywood, Santa Monica to Manhattan Beach and meet up with Harrison Tang of Spokeo

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The Startup of the Year 2018 Application Is Open

Tech.Co

Since 2006, the Startup of the Year competition has been showcasing early-stage startups in a way that only we can. Our excitement and zeal for these budding entrepreneurs is unparalleled across the industry, as is evident from the success the companies involved have experienced. And, fortunately for you and your new venture, applications are open for Startup of the Year 2018.

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Black Venture Capitalists Are Transforming Tech

Xconomy

Would it surprise you to know that there are more than 100 black venture capitalists or that this nationwide ecosystem is growing? Most of the VCs in this expanding ecosystem made pivots from highly successful careers in other fields. They have very impressive academic credentials, business backgrounds comparable to their Silicon Valley peers, and a will to win that belies their humble reserve.

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AIMed

SoCal Tech Calendar

Tuesday, December 12, 2017 -- AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare.

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Prevoty Picks Up $13M More

socalTECH

Los Angeles-based application security software developer Prevoty announced on Wednesday that it has raised $13M in a new funding round. The funding came from Trident Capital Cybersecurity, along with prior investors. Prevoty develops software which helps applications "self-defend" from attacks in real time. As part of the funding, Prevoty said that Triden Capital Cybersecurity Managing Director Sean Cunningham joins the company's board of directors.

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Startup Spotlight: Final Exams, Santa Chatbot and Clean Up Your Email

Tech.Co

December is the month where the flurry of the holidays are in full swing and students are starting to stress out in anticipation of final exams. This week in Startup Spotlight we found companies helping students get through their final exams, gift giving chatbots, getting out of email hell, and more. ChatbotsBuilder (Boston, MA). ChatbotsBuilder is an online platform for easily building complete, effective and advanced autonomous chatbots for Facebook Messenger.

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Dynavax Co-founder Takes Long View on Vaccine Development

Xconomy

The reaction on Wall Street was a little anticlimactic after the FDA approved a new hepatitis B vaccine last month for Berkeley, CA-based Dynavax Technologies (NASDAQ: DVAX ). Many investors sold stock on the news. In the days following the company’s Nov. 9 announcement , the price of Dynavax shares slipped about 8 percent, from $20.05 a share to $18.45 on Nov. 16.

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AIMed

SoCal Tech Calendar

Monday, December 11, 2017 -- AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare.

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Thomas Fire Impacting Ventura County's Tech Industry

socalTECH

An uncontrolled, raging fire in Ventura County--which started in Santa Paula last night around 6:45pm, and rapidly spread to more than 25,000 acres early on Tuesday morning--is directly impacting the high tech corridor in Ventura County. The fire, which had made its way into the city limits of Ventura early in the Tuesday morning hours, burning behind the Ventura Ventures startup incubator and--based on Ventura County Fire Department reports several hours ago, at least 150 structure destroyed.

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Why Startups Are Attracted to Revitalized Lisbon

Tech.Co

Portugal was hit hard by the global financial crash of 2008. Its economy struggled to remain afloat during the crisis and it’s capital, Lisbon, suffered greatly. But Lisbon has since been working hard to recover, and the city is now making waves as a startup capital. The city is viewed so favourably as a hotpot of tech talent that it was chosen to host this year’s Web Summit for the second year in a row.

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Propose With a Lab-Made Diamond? Diamond Tech Retailers Say, “Yes”

Xconomy

How do you disrupt an industry that markets itself as the embodiment of “forever?” You bring it back to basics, says Lindsay Reinsmith, co-founder of Ada Diamonds, an online retailer of jewelry with lab-made gemstones in San Francisco. “Science is on our side,” she says. “We confront them with facts.” Machine-made gemstones are created in exactly the same manner as those found in mines, she says.

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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. Don’t believe that Silicon Valley myth that all you have to do is sketch your idea on the back of a napkin, and investors will line up to give you money.

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SecureAuth Raises $200M

socalTECH

El Segundo-based SecureAuth , a developer of identity management tools, has raised $200M in a funding round from private equity investor K1 Investment Management. K1 said the investment comes as part of a merger with Core Security , a provider of vulnerability discovery, identity governance and threat management software. K1 said the merger is pending regulatory approval from the U.S.

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Book Launch Event for Media 2.0(18) with Peter Csathy

SoCal Tech Calendar

Tuesday, December 12, 2017 --.

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Bio Roundup: Trials to Watch, Mega Deals, Video Game Therapy & More

Xconomy

With 2018 around the corner, this was a week to look ahead. At Xconomy, we zeroed in on several clinical trials that could become major stories in the life sciences. Other healthcare milestones are on the way, too. The FDA will consider for the first time whether a video game should be approved as medicine. The agency could also give its first nod for a gene therapy.

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