Sat.Jun 23, 2018 - Fri.Jun 29, 2018

Bird Now Officially Worth $2 Billion After Closing $300M Funding


Santa Monica-based electric scooter startup Bird is now officially worth $2 billion, after saying on Thursday that it has completed a $300M venture funding round, led by Sequoia Capital, and also including Accel, B Capital, CRV, Sound Ventures, Greycroft and Bird is battling Lime, plus a host of other competitors including Uber and Lyft, to establish a beachhead in the growing "last mile" electric scooter market. Bird has been working on the new funding round all month. READ MORE>>.

All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

California Passes Data Privacy Bill

L.A. Business Journal

Lawmakers in California passed a data privacy bill in both chambers June 28 that would require major companies to disclose the data they collect from consumers and also allow consumers to elect not to have their data sold by the company to ad agencies. Governor Jerry Brown signed the bill into law Thursday afternoon

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud.

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Aclima sucks in $24M to scale its air quality mapping platform

TechCrunch LA

Southern California Edison Plans $760M Investment In EV Infrastructure


Southern California Edison , Southern California's biggest electric utility, said on Tuesday that it is launching a new, $760M effort to expand the region's electric vehicle infrastructure. According to SCE, it has proposed a new, $760M "Charge Ready 2" program, which will go to help boost the number of electric cars on the state's highways.

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Xconomy Mourns the Loss of San Diego Editor Bruce Bigelow


It is with profound sadness that we at Xconomy say goodbye to our longtime friend and editor of Xconomy San Diego, Bruce Bigelow. An outstanding journalist, colleague, and friend, and a fixture of the San Diego innovation scene, Bruce passed away today at age 63 after a brief illness.

Los Angeles Ranked Top Metro Area for Tech Funding and Exits

L.A. Business Journal

Los Angeles raised more than $100 million, beating Boston in total mega financing rounds, according to a recent report from CB Information Services Inc

Google Cloud will launch its Los Angeles region in July

TechCrunch LA

It’s no secret that Google has long planned to open a cloud region in Los Angeles. The company has long said that a second region on the U.S. West Coast was in the works, after all. What we didn’t know for sure was when this new region would go live.

LiveXLive's Slacker Connects With Amazon Alexa


West Hollywood-based LiveXLive Media , the parent firm of online radio streaming service Slacker Radio , says that Slacker has launched its own Amazon Alexa "Skill" to enable voice control of its streaming music services. According to LiveXLive, the skill allows Slacker to be controlled from all Alexa-enabled devices, including Echo Dot, Amazon Tap and Amazon Fire TV. LiveXLive says it has more than one million monthly active users using its Slacker Radio service.

How the Rise of Beijing and Shanghai Tech May Impact Silicon Valley


When it comes to startup tech hubs, U.S. cities from San Francisco to Austin to Boston come first to mind. But that is starting to change, as Asian cities—particularly in China—are snapping up more tech venture capital funding and exits, according to a new report from CB Insights.

Silicon Beach Report June 25: Busoni Named Thiel Fellow

L.A. Business Journal

Pinscreen sued; new Thiel fellow named; Snapchat shares ad revenue

North County Elevate My Business Challenge Pitch Day

SoCal Tech Calendar

Thursday, June 28, 2018 --.


Cloud Constellation Signs MOU With Arab Satellite Group


Los Angeles-based CLoud Constellation Corporation , which is in the midst of planning a satellite constellation aimed at providing high speed, cloud storage from space, said today that it has signed a Memorandum Of Understanding (MOU) with Arab Satellite Communications Organization (ARABSAT). Cloud Constellation said the two have agreed to develop a go-to-market strategy for enterprise and government customers in the Middle East, Europe, Africa and Central Asia.

Stitch Fix CTO Polinsky Says Its Style Shuffle App Makes Data Fun


When Cathy Polinsky became chief technology officer of Stitch Fix in late 2016, she knew one of the San Francisco-based company’s key challenges was continually refining its core software algorithm to make sure customers received the right tailored suggestions in their monthly wardrobe boxes.

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Silicon Beach Report June 29: Bird Raises $300 Million

L.A. Business Journal

Snapchat enters gaming landscape; SpaceX sends Space Station payload; scooter startup attains $300 million

Ophthalmology Technology Summit (OTS)

SoCal Tech Calendar

Friday, June 29, 2018 -- Ophthalmology Technology Summit (OTS). Orange County is the single most technology-rich epicenter for ophthalmology technology.

Semtech Gets LoRa Win With Chinese Manufacturer


Camarillo-based Semtech reported a win this morning with a Chinese manufacturer, which will use the company's LoRa low power wireless technology for use in a "smart city" product. According to Semtech, Chinese company Lowan , a low power wide area network (LPWAN) solution provider located in Hangzhou, China, has incorporated its LoRa radio frequency technology into its smart-grid power meters. Shipments volumes and financial impact of the design win were not announced. READ MORE>>.

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As Cybersecurity Business Expands, Proficio Offers Risk Scoring


In a bid to differentiate itself from the crowd of cybersecurity companies offering network monitoring services, Carlsbad, CA-based Proficio said it has developed a risk-scoring system that assesses its customers’ network security controls.

Silicon Beach Report June 27: Honk Technologies Raises $18M

L.A. Business Journal

HyreCar announces IPO; Google Filestore revealed; Honk Technologies raises $18M

Google 100

805 Startups Innovation and Growth Fair - Q2

SoCal Tech Calendar

Wednesday, June 27, 2018 -- Innovation and Growth Fair - Q2 by 805 Startups, City of Agoura Hills, and Greater Conejo Chamber of Commerce. The purpose of this event is to promote personal and professional growth while inspiring innovation at all levels. You will be exposed to many different people and companies in an environment designed to foster authentic relationships between one another. link].

GroGuru Gets $250K In Seed Funding


GroGuru , a startup developing irrigation automation technology for the agriculture industry, has raise $250,000 in a seed funding from Western Growers and Radicle Growth. GroGuru is part of San Diego- and Irvine's EvoNexus startup incubator, and develops a precision soil and irrigation monitoring system.

IPO Wave Rolls On as Five Life Science Firms Haul In $651M


A week after seven biotechs went public, setting a new record for the Nasdaq , five more life sciences companies have joined the club. The latest crop continued the positive momentum for life sciences offerings, as the group either met or exceeded their projections and raised a total of $651 million.

Silicon Beach Report June 26: Two Local Car Startups Raise $2M Each

L.A. Business Journal

Carblip raises $2 million; L.A. ranked best metro tech sector; Faraday and Future bailed out

Report 100

OCTANe's Lunch and Learn: Contractor Restrictions After Dynamex

SoCal Tech Calendar

Tuesday, June 26, 2018 --.


RealD, AMC Theatres Renew 3D Deal Through 2024


Beverly Hills-based 3D movie projection technology provider RealD and AMC Theatres said Thursday that they have extended and renewed a 3D agreement through 2024, and also plan on installing RealD 3D systems in all of AMC's new and upgraded theaters. Financial impact of the win was not announced. AMC and RealD said that so far, AMC has 4,900 RealD units installed at its theaters. RealD provides 3D movie projection technology.

Senators Grill HHS’s Azar on Drug Price Cuts That Have Yet to Come


When President Trump signed legislation last month allowing seriously ill patients the “right to try” unapproved drugs without FDA oversight, he voiced a bold prediction: Within two weeks, he said, drug companies would announce “voluntary massive drops in prices.”

Is your company or department as efficient as it should be?


Close. There is more money lost in businesses today from inefficient processes than any other single area. Yet this is not a place where most managers feel comfortable deconstructing and rebuilding.