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Elon Musk: Tesla Was Born In A Fish Restaurant In El Segundo

socalTECH

Tesla , the pioneering electric car maker founded by Elon Musk , was actually conceived over lunch at a fish restaurant in El Segundo, Musk said in an interview at SXSW this week. According to Musk, the company was created out of a conversation he had with J.B.

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JumpStartFund Takes On Crowdfunding, Advice For Research Startups

socalTECH

A new, Los Angeles area startup launched this morning, hoping to use the power of the crowd to help take ideas to launch. The startup--headed by Dirk Ahlborn--has created a system which lets the crowd provide feedback, ideas, and even crowdfunding to take ideas and research to market. READ MORE>>.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.

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Startup Opportunities in SoCal

SoCal CTO

Will's post talks about lack of interest in working for startups here in Southern California, saying: we probably’d don’t have the: a) same support infrastructure (meet-ups, networking events, etc.); b) history of success; and c) abundance of start-up companies (so if one fails there is another to jump on).

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Insurance Tech Startup Sidecar Health Raises $150 Million

L.A. Business Journal

El Segundo-based health insurance startup Sidecar Health Inc. announced Jan. 26 that it had raised $125 million in a Series C funding round that valued the company at $1 billion.

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Three Southern California Firms Get EETimes Focus

socalTECH

Semiconductor and electronics industry publication EETimes has identified three of Southern California's semiconductor startups among its annual list of sixty startups to watch in the industry. The magazine, in its list of startups worth watching , identified Efficient Power Conversion Corp. Efficient Power Conversion Corp.

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Education Software Startup GoGuardian Launches AI Platform

L.A. Business Journal

El Segundo-based education software startup GoGuardian has launched Admin 2.0, a platform that uses artificial intelligence to enhance students’ behaviors online, according to a statement.