Sat.Aug 29, 2020 - Fri.Sep 04, 2020

What use is an investment banker?

Berkonomics

Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. How investment bankers behave.

Invest 156

10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?”

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Sootchy App Helps Parents Crowdfund College Costs

L.A. Business Journal

The downtown-based startup wants to help parents leverage their friends and family networks to help cover college costs

Help 130

Interview with Andrew Schydlowsky, TrackStreet: Brand Protection Using AI

socalTECH

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. Andrew spoke to us about TrackStreet's brand protection software and artificial intelligence efforts. What is TrackStreet?

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.

Digital Summit LA

SoCal Tech Calendar

Wednesday, September 9, 2020 -- Out of concern for the health and safety of our attendees and staff, Digital Summit Los Angeles will reschedule our 2020 to September 9-11. Thanks!

6 Ways To Make Your Business Presentations Stand Out

Startup Professionals Musings

As an entrepreneur, I understand your passion when pitching your solution to investors and customers, but passion alone won’t make one more technology pitch stand out above all the rest.

More Trending

Formsense Part Of $2.4M Grant Award

socalTECH

San Diego-based Formsense , a startup developing wearables and "smart apparel", says it has been chosen as a technology partner for a $2.4M grant from the National Institutes of Health (NIH). According to the company, it is part of a team from Umass Amherst, which is looking to deploy and test a new mobile health system--based on its wearables--to monitor and encourage movement and activity in the weak upper limb of stroke survivors in an ambulatory setting.

National Business Plan Competition Deadline/Pismo Ventures

SoCal Tech Calendar

Sunday, September 6, 2020 -- National Business Plan Competition Deadline/Pismo Ventures. Pismo Ventures presents the National Venture Plan Competition (NVPC). The NVPC is a business plan competition offering startups and entrepreneurs, across the United State, a unique opportunity to present their plans to experienced investors, screen in front of multiple investor groups nationwide, win cash and in-kind prizes, and participate in an array of invaluable webinars.

5 Team Engagement Principles Are Vital To Leadership

Startup Professionals Musings

The days of leadership without engagement are gone. With interactive social media and video everywhere, everyone needs to feel they have a relationship with their leaders, and every brand needs leader personification for customers to relate.

Bingie App Tunes Into Viewer Recommendations

L.A. Business Journal

When it comes to movie and TV show recommendations, El Segundo-based app developer Bingie Inc. wants to prioritize friends and family over algorithms

HyperX Aims At Education Market

socalTECH

Fountain Valley-based HyperX , the gaming accessories arm of Kingston Technology, is taking aim at the education market this year--saying it is offering up deals on its gaming peripherals specifically for helping students in virtual class sessions. The company's unique take on the learning-at-home market is that its gaming headsets, microphones, and other products can help students block out the distractions at home, and stay focused on lessons.

Lumen Bioscience Lands $16M to Engineer “Edible” Antibody Drugs

Xconomy

If Lumen Bioscience achieves its goals, patients will be able to take its drugs the same way some people supplement breakfast: a spoonful heaped onto a bowl of cereal or mixed into juice. The startup harnesses spirulina, protein-rich cyanobacteria touted by many health enthusiasts as a “superfood.”

6 Motivations Shared By Most Satisfied Entrepreneurs

Startup Professionals Musings

Out of curiosity, I often ask aspiring entrepreneurs like you, who come to me for help, what drives them to take on the workload and risk of a new startup.

Music Platform Stem Secures $10 Million in Funding

L.A. Business Journal

West Hollywood-based Stem Disintermedia Inc. has raised $10 million in a funding round led by Slow Ventures with follow on investment from Santa Monica-based Upfront Ventures and Aspect Ventures

Semtech Gets Win Helping Australian Avocado Farms

socalTECH

Camarillo-based semiconductor developer Semtech has scored another design win, this time with a developer of Internet-of-Things (IoT) products used to monitor avocado farms. According to Semtech, ICT International , which develops IoT solutions for environment applications, and Definium Technologies , a developer and manufacturer of IoT gateways and devices, are using Semtech's LoRa wireless networking technology to improve crop yield in Australian avocado plantations.

Help 116

Dedicated Internet Connection vs Shared – What’s Best For Your Organization?

Southern California Edison Blog

Dedicated and shared connections are two common internet configurations that organizations. can leverage to support their network-related needs. Both options have their pros and cons, which can make it difficult to decide on which is the right fit for each company. Here’s what you.

7 Tips On Advancing Your Career To Being A Great Boss

Startup Professionals Musings

One of the things I’ve learned in working with aspiring entrepreneurs is that managing and leading a team is a scary venture into the unknown for many people, even if they have worked as a business professional for years.

Tips 88

Rocket Lab Signs Launch Deal With OHB Group

L.A. Business Journal

Rocket Lab USA Inc. has signed a contract with European space technology company OHB Group to launch a communications satellite for an OHB customer

Surf Air Gets Promise Of $200M, If It Goes Public

socalTECH

Los Angeles-based subscription air travel provider Surf Air Mobility Corporation --the latest incarnation of Surf Air--says an investor has promised it $200M in investment, if the company manages to go public. According to Surf Air Mobility, Luxembourg-based Global Emerging Markets Group (GEM) promised the investment, with the first $50M to the company available "on the first day of trading" and additional tranches over a three year period. Surf Air says it hopes to go public "in coming months".

Demand 116

Akcea Therapeutics Is Returning to Parent Ionis Pharma in $500M Buyout

Xconomy

Akcea Therapeutics is returning to its parent company, Ionis Pharmaceuticals, in a $500 million deal that brings an end to a tumultuous three years as a standalone company. The definitive agreement announced Monday calls for Carlsbad, CA-based Ionis (NASDAQ: IONS ) to pay $18.15

Mayer’s Departure Could Speed Sale of TikTok

L.A. Business Journal

Less than four months after joining then high-flying TikTok as chief executive, former Walt Disney Co. veteran Kevin Mayer departed the company last week

Sales 130

Aqua Medical Gets $8.2M

socalTECH

Santa Ana-based Aqua Medical , a developer of vapor-based ablation system to treat precancerous conditions and metabolic disease such as type 2 diabetes in the gastrointestinal (GI) tract, said on Tuesday that it has raised a final $8.2M in an equity investment tranche. The Series A-3 funding was led by ShangBay Capital, and also included Ithaka Partners LLC and ForMED Ventures. The company said the funding brings its total Series A funding to a total of $15.5M.

Equity 116

FASHIONPHILE Finds $38.5M For Luxury E-Commerce

socalTECH

Carlsbad-based FASHIONPHILE , and e-commerce company which sells pre-owned luxury handbags, watches, and fine jewelry, has raised $38.5M in a Series B funding round. The funding was led by private equity firm NewSpring Growth. The company is also backed by Neiman Marcus. FASHIONPHILE was founded in 1999.

Digital Motors Names VP

socalTECH

Irvine-based Digital Motors , which develops an online car sales platform for car dealers, said this week that it has named Paul Edmonds as its VP of Customer Success. Digital Motors said Edmonds previously served at TrueCar, AutoTrader.com/Kelley Blue Book and Cox Automotive, and has more than 15 years of experience in digital dealer operations and software sales. The company says Edmonds will head up its sales and service teams.

Sales 109

6feet.com Launches Lifestyle Site For the Pandemic

socalTECH

A new, Los Angeles-based startup, 6feet.com said it has launched this week, aimed at offering up a lifestyle site aimed at the age of COVID-19. The startup--founded by Elise Edwards and husband Jamey Edwards--said its goal is to "spotlight how to manage the new pandemic lifestyle, navigate life's new normal and chart a positive path forward during the most complicated era of our lifetime."

Sites 109

Tinder Launching Swipe Night On September 12th

socalTECH

Los Angeles-based dating and hookup app Tinder says it is finally launching its Swipe Night interactive event, after being forced to delay the launch of the new feature back in March. The interactive event--a "choose your adventure" style event which shapes who is matched up with others based on choices through the app.

Miva Gets $2M In Credit Facility

socalTECH

San Diego-based e-commerce software provider Miva has received $2M in a credit facility, from Bridge Bank, according to the bank. According to the bank, Miva will use the new credit facility to fund working capital needs and support growth initiatives. No terms on the credit facility were announced by the company. Miva is led by CEO Rick Wilson; the company's software is popular with e-commerce operators for running their online stores. READ MORE>>. miva credit facility ecommerce software

Cuddly Connects With $4M To Help Save Animals

socalTECH

Seal Beach-based Cuddly , a new startup which helps raise money for animal welfare organizations, says it has raised $4M in a Series A funding. The funding was led by Lead Edge Capital. According to Cuddly, the new funding will go towards accelerating growth. Cuddly is led by CEO John Hussey. The company's service allows animal shelters and rescue organizations to create product wishlists and fundraising campaigns, and connects them with donors.

Help 109

Rocket Lab Launches First Satellite

socalTECH

Huntington Beach-based Rocket Lab announced on Thursday that it has launched its very first satellite, First Light , piggybacking on its "I Can't Believe It's Not Optical" mission. According to the company, the launch of its first in-house designed and built operational satellite is part of an effort to provide a "flexible platform" for a modern satellite.

Design 109

PeaTos Gets $7M For Healthy Snacks

socalTECH

Los Angeles-based PeaTos , a food startup which is developing healthy snacks, has raised $7M in a Series A funding round, the company said this week. The startup is led by Nick Desai, formerly chairman and CEO of Snack It Forward, and who had a stint in private equity at Shackleton Equity Partners, FocalPoint Partners, and KPMG.

Equity 109

YouMail Acquires PhoneTag

socalTECH

Irvine-based YouMail has acquired PhoneTag , a direct-to-consumer voicemail service, the company announced on Tuesday. Financial details of the deal were not announced. PhoneTag was founded in 2003, and offers up voicemail transcription services directly to consumers. According to YouMail, it now has PhoneTag's service running on its own platform.

Hydrosat Founder, JPL and Techstars Alum Jakob vanZyl Dies

socalTECH

Jakob vanZyl , the founder and CEO of Hydrosat , one of the companies to emerge out of the 2019 Techstars Starburst Space Accelerator, died last Wednesday , after suffering from a heart attack on August 24th. VanZyl previously had served at NASA's Jet Propulation Laboratory, and was involved in the Juno, Dawn, Cassini, InSight Mars lander, Mars 2020 Perserverance, and other missions.

Rocket Lab Returns To Flight

socalTECH

Huntington Beach-based Rocket Lab has returned to flight, successfully launching a new payload into space on Sunday. The company's "I Can't Believe It's Not Optical" flight launched from Rocket Lab's New Zealand launchpad at 8:05PM PDT, placing a satellite payload for Capella Space into orbit. The launch is the first for the company after a failure caused the loss of a payload on July 4th.

Graze, Back By Wavemaker, Aims Robotic Mowers At Commercial Market

socalTECH

Santa Monica-based Graze , a new startup backed by Wavemaker Partners, said this morning that it has launched a new, robotic lawn mower targeted at the commercial market. According to the company, it is aiming at launching its fully autonomous, electric lawn mower by 2021. The company says its product is aimed at mowing large sized commercial lawns, and includes such features as GPS based mapping, computer vision, and machine learning capabilities.

The Skills Launches Celebrity Sports Life Coaching Startup

socalTECH

Los Angeles-based The Skills , a new startup offering up subscription-based "life lessons" from celebrity athletes, launched today, saying that it is backed by Maveron, Global Founders Capital, and 8VC. The company--which did not disclose how much funding it has received--offers up subscriptions to "life lessons" from such athletes as Maria Sharapova, Kerri Walsh Jennings, Dashawn Jordan, Rachel Adams, Michael Phelps, Shaun White, and many others. The company was founded by CEO Omer Atesman.

Coach 109

Esri Debuts New COVID-19 Tracking Tool

socalTECH

Redlands, California-based GIS giant Esri --well known for powering many of the dashboards tracking the global COVID-19 pandemic--has rolled out a new tool to help people in the United States figure out how they are doing, compared with the rest of the nation. The new Esri CovidPulse tool allows the public, as well as decision makers, to track county-by-county data on COVID-19 pandemic trends.

Tool 109