Sat.May 27, 2017 - Fri.Jun 02, 2017

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Eric Futoran: From Scopely To Embrace.io, The Challenges Of Mobile Development

socalTECH

The world of mobile apps has added serious challenges for software developers, who don't just have to deal with crashes�they have to deal with slow performance, strange hangs, multiple carrier networks, and more. To try to make it easier for developers to better understand what is happening in those environments, LA-based Embrace.io (www.embrace.io) has created a software toolkit which integrates with those apps to provide much better visibility into how those apps are performing, what's going w

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Silicon Beach Report June 2: Upfront Ventures Raising Two Funds Totaling $500 Million

L.A. Business Journal

Upfront Ventures is raising two funds totaling $500 million, AeroVironment secures $36.5 million drone contract with Australian military, and Virgin Galactic conducts test glide flight and says it’s nearing propulsion tests.

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San Diego 2017 - INTERFACE Tour

SoCal Tech Calendar

Thursday, June 8, 2017 -- INTERFACE San Diego 2017. It’s critical to stay current with the technology that runs your organization and secures your operational infrastructure. INTERFACE addresses these IT issues through informative, non-sales oriented, educational seminars customized to the specific needs of the local business community. Using case studies and best practice examples, these exhibitor-presented sessions offer you the solutions needed to address your technology challenges and achiev

San Diego 100
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Data Scientist Team Share Lessons Learned From Competition

Tech.Co

When you’re in a competition and on the spot, answering questions to industry experts can be a nerve-wrecking process. The best part is that afterward you walk away with valuable insight, experience and lessons learned. GalvanizeU graduates Baolin Liu and Jonathan Hourany, current gU student Anthony Abercrombie, Data Scientist in Residence Eugene Huang, and their teammate Jared Wilber, a UC Berkeley grad student, learned a ton after their time on stage at the iidata Time Analysis Competit

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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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Arcturus Therapeutics Gets $3M From Cystic Fibrosis Foundation

socalTECH

San Diego-based Arcturus Therapeutics , a developer of mRNA-based treatments for disease, has signed a deal to receive up to $3M in funding from the Cystic Fibrosis Foundation Therapeutics, a nonprofit which supports drug discovery and development. The company said the $3M will go to advance LUNAR-CF, a novel messenger RNA (mRNA) therapeutic formulated with Arcturus' drug delivery technology.

Arcturus 167
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Silicon Beach Report May 30: Mobile Game Publisher GameMine Raises $20 Million

L.A. Business Journal

Mobile game publisher GameMine raises $20 million, Snap Inc. acquires drone company for $1 million, and SpaceX conducts static rocket test, creates brush fire.

Mobile 113

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Founder Advice: The Pursuit of Perfection Has Limits

Tech.Co

Putting unrealistic pressure on yourself to perform and excel could be limiting you to progress and succeed. We talked with Kyle Goguen, founder and president of Pawstruck.com , an online retailer and manufacturer of natural dog treats and chews, and asked him what advice he has for small business owners and lessons learned. What advice helped shape who you are as an entrepreneur today?

Tips 88
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SuperMoney Launches Search Engine For Loans

socalTECH

Santa Ana-based SuperMoney has recently launched a new, online search engine for loans, looking to replicate the success of online search and aggregation sites like Kayak and LendingTree. According to the company, led by CEO Miron Lulic, it helps consumers find online loans, helping users compare different loan offers based on basic information such as loan amount, credit score estimate, employment status, and more.

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Silicon Beach Report June 1: Musk Leaves Trump’s Advisory Councils

L.A. Business Journal

Musk leaves Trump’s advisory councils, uBeam demonstrates brick-sized wireless charger and acknowledges limitations, and League of Legends team valuation rise to at least $10 million.

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Innovation Shanghai

SoCal Tech Calendar

Wednesday, June 7, 2017 -- “Innovation Shanghai” China - US Zhangjiang Forum that will be held on June 7th, at City Club Los Angeles in California. This is the first time Shanghai government has given a forum on new technology and the importance of technology advances. The Shanghai Government has partnered with Los Angeles County to make these events happen.

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In Maine, Making Cancer DNA Tests Free—And Asking Tough Questions

Xconomy

Has the era of genetic oncology arrived? Last week, the biomedical world took a notable step in that direction when the FDA said Merck’s drug pembrolizumab (Keytruda), already one of the world’s most successful cancer immunotherapies, could now treat any tumor with a particular genetic fingerprint. It was the first time a drug has been approved strictly for a genotype —a tumor’s genetic profile—regardless of the organ or body part where the tumor is growing.

Study 90
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LA Cleantech Incubator Gets $5M For New Program

socalTECH

The Los Angeles Cleantech Incubator (LACI) has just received $5M to fund a new initiative, called Energize California , to help boost clean technology startups. According to the LACI, the new effort is being funded with a $5M grant from the California Energy Commission, and will support new technologies and entrepreneurs in Santa Barbara, Ventura, Los Angeles, and Orange Counties.

Incubator 133
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Wireless Provider’s Bell Rung by FCC Chief

L.A. Business Journal

New FCC chief pulls plug on FreedomPop’s entry into a federal subsidized cellphone program.

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10 Behavioral Tips To Raise Your Cool Factor At Work

Startup Professionals Musings

Every business professional needs to stay cool under pressure, to be a top performer, and for the sake of their own health. Yet everyone has a melting point – a critical threshold where pressure causes them to respond irrationally. Many people believe their threshold is permanently set by family genetics, or cultural influences, but I believe anyone can train themselves to stay cool.

Tips 58
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As Big Cancer Trials Ramp Up, Grail Goes Global, Merges With Cirina

Xconomy

Grail, the Illumina (NASDAQ: ILMN ) spinout aiming to develop a blood test that can detect cancer at its earliest stages, has gone global. The Menlo Park, CA, startup, is merging with China’s Cirina, a privately held company co-founded by a pioneer in the field of blood-based diagnostics, Dennis Lo. Grail, which recently raised a record $900 million round from a group of drugmakers and others , didn’t disclose the financial terms of the merger.

Startup 79
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San Diego Jeep Thefts Linked To High Tech Hacking Ring

socalTECH

The theft of over 150, Jeep Wranglers in San Diego County over the last few years has been linked to hacking of the electronic keys of those vehicles in the middle of the night, according to the U.S. Department of Justice. According to the U.S. Attorney's Office for the Southern District of California, it has indicted nine members of the Hooligans Motorcycle gang for participating in a scheme to steal more than 150 Jeep Wrangers, worth approximately $4.5M, by retrieving the vehicle identificatio

San Diego 133
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Support May Cool for Solar Water-Heating Firms.

L.A. Business Journal

Extension of solar water-heating program has become a hot topic for system installers.

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Customer Service Can Kill Your Customer’s Experience

Startup Professionals Musings

With the advent of the Internet, social media, and instant communication via texting, customer expectations for service, as part of their entire customer experience, have changed. They expect you to be there, to know their history as a customer, and to treat them with priority and respect. They tell their friends and the world everything, and a bad experience can kill your business.

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Woodcock: New Approvals Show FDA is Adapting to Precision Medicine

Xconomy

The randomized controlled trial has long been held up as the gold standard for testing new drugs. But the nation’s top drug evaluator, Janet Woodcock, believes they aren’t necessary for all new experimental treatments. Randomized trials are long, expensive to run, and ultimately produce limited answers, she said at a medical conference last week. The ability to use genetic information to classify patients and match them to potential therapies opens up new possibilities for evaluating drugs.

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Virgin Galactic Launches Ninth Test Flight

socalTECH

Virgin Galactic , the space travel and tourism startup backed by Sir Richard Branson, successfully launched its ninth test flight on Thursday in Mojave, as the company continues to prepare to take passengers into space. Virgin Galactic said the latest flight, piloted by Dave Mackay and CJ Sturckow, focused on taking more weight than its prior test flights, with around 1000lbs of water on the rear of the spaceship's fuselage.

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Is your budget a forecast? When do you change mid-course?

Berkonomics

Hold it! These are confusing terms. When does a budget become obsolete? Do we rely upon constant changes and call it a forecast? So, let’s spend a few moments defining this sometimes-confusing set of terms. A budget should be created each year after a series of negotiations between departmental managers and their superiors all he way yup to the CEO, all in support of the next year’s tactics previously agreed upon (which in turn support the longer-term strategies leading to the next goal beyond)

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Do You Have What it Takes To Be a Business Leader?

Startup Professionals Musings

Running a business is not rocket science. As a long-time business advisor, and occasional investor, I have seen many successful businesses lead by college dropouts and people with average intelligence. Investors don’t look at CEOs for advanced degrees, but they do look for experience and emotional intelligence, often before they even evaluate the business plan.

Startup 56
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Countering Cybersecurity Turnover: 57 Companies That Do It Best

Xconomy

What does it take to keep highly skilled cybersecurity employees? Salary and benefits are table-stakes. Challenging work, ongoing training, an opportunity to advance without having to become a manager, and a talented peer group all help companies recruit and retain these sought-after “ninjas”—the individuals who can do what artificial intelligence security tools can’t.

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DirectMed Acquired By Mercury Partners

socalTECH

San Diego-based DirectMed Parts & Service , a supplier of aftermarket parts and systems for the medical imaging market, has been acquired by Newport Beach-based middle market investor Mercury Partners. Financial details of the acquisition were not announced. As part of the acquisition, Brad de Koning, Managing Partner at Mercury, becomes CEO of DirectMed.

San Diego 124
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A Venture Capitalist’s Take on Investing in Cannabis

Tech.Co

The cannabis industry has been filled with innovation and investment in recent years. With multiple states legalizing recreational and medical use across the country, investors big and small are hungry to get a piece of the action. However, federal laws still remain staunchly opposed to legal cannabis and there are more than enough politicians looking to keep cannabis from making an appearance in the market.

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7 Culture Elements Will Keep Your Business Learning

Startup Professionals Musings

Many startups and entrepreneurs I advise still default to growing their business via the traditional top-down, order-taking culture. I’m convinced that you can’t stay competitive that way with today’s customers, and today’s employees. It’s time to push decision making down into the organization –insisting that the people closest to the customer and the markets learn and make the decisions.

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RNA Specialist Arcturus Therapeutics Gets $3M R&D Grant for CF Drug

Xconomy

San Diego-based Arcturus Therapeutics said today Cystic Fibrosis Foundation Therapeutics has agreed to provide $3 million to fund research and development of a new messenger RNA drug that could be broadly used to treat cystic fibrosis patients. The four-year-old startup has previously raised $37 million in research grants and other “non-dilutive” funding, and another $13 million from investors, according to Arcturus spokeswoman Neda Safarzadeh.

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March Capital Partners Backs SpyCloud

socalTECH

Los Angeles-based venture investor March Capital Partners is one of the investors in SpyCloud , a new startup in the cybersecurity market, focused on protecting businesses from data breaches. SpyCloud said this morning that it has raised $2.5M in a seed funding from Silverton Partners and March Capital Partners. The investment is one of several in the cybersecurity space for March Capital Partners, including investments in Crowdstrike and E8.

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Musk Threatens to Withdraw from Trump Advisory Council Should U.S. Leave Paris Climate Treaty

L.A. Business Journal

SpaceX and Tesla Chief Executive Elon Musk said on Twitter Wednesday that he would leave President Donald Trump’s Advisory Forum should the United States withdraw from The Paris Agreement on climate change.

SpaceX 189
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Why Entrepreneurs Need To Keep Their Business Focused

Startup Professionals Musings

Every new business or product owner wants to attract the broadest possible audience, so they are prone to adding more features, multiple sales channels, and appealing to every demographic. Unfortunately, often the result is potential customers who are confused, the limited resources of your business are spread too thin, and customers and investors look elsewhere for a better fit.

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With Gene Therapy for Diabetes, San Antonio Researcher Eyes Funding

Xconomy

San Antonio — Most diabetes treatments work by giving the body the insulin it needs to break down sugar. But that approach deals with the symptoms of diabetes. In recent years, scientists and companies have taken aim at the root cause of the condition by attempting to stimulate or replace the cells in the pancreas responsible for producing insulin in the first place.

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Applied Data Finance Ups Credit Facility To $75M

socalTECH

San Diego- and New York-based Applied Data Finance said this morning, that it has increased an existing credit facility for the company from $50M to $75M. The credit facility comes from Victory Park Capital (VPC). Applied Data Finance is a technology-enabled lender and asset manager, which operates its own online lending site called Personify Financial.

San Diego 124
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Silicon Beach Report May 31: Musk Threatens to Withdraw from Trump Advisory Council Should U.S. Leave Paris Climate Treaty

L.A. Business Journal

Musk threatens to withdraw from Trump advisory council should U.S. leave Paris climate treaty, cellphone game controller manufacturer Gamevice raises $12.5 million, and FitnessGenes raises $5 million.

Report 133
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Gamevice Grabs $12.5M To Turn Your iPhone Into A Game Console

socalTECH

Los Angeles-based Gamevice , a developer of hardware devices which attach to your existing smartphone which turns them into a gaming console, has raised $12.5M in a Series A funding round, the company said Wednesday morning. The funding was co-led by TransLink Capital and California Technology Ventures (CTV), and also included BAM Ventures, TYLT Ventures, and Kevin Chou, the former CEO of Kabam.

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GameMine Gets $20M

socalTECH

Los Angeles-based GameMine , a developer of casual, mobile games, disclosed Tuesday morning that it has raised $20M in a Series A funding round. The funding was led by Palisades Venture Capital. GameMine, led by CEO Daniel Starr, offers up a library of casual, mobile games, accessible via subscription. READ MORE>>.

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Report: Snap Acquires Drone Maker Ctrl Me Robotics

socalTECH

Venice, California-based Snap , the parent company of Snapchat , recently acquired neighboring Venice-based drone technology developer Ctrl Me Robotics , according to reports over the weekend. The deal was reportely worth less than $1M. Ctrl Me Robotics was founded by Simon Saito Nielsen. READ MORE>>.

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