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Headspace Targets Digital Medicine Market

socalTECH

Santa Monica-based Headspace , which develops mindfulness and meditation apps, says it is targeting the medical market with the launch of a new, digital medicine subsidiary it calls "Headspace Health". Headspace says its apps have been used in more than 65 evidence-based research studies, run by U.K.'s

Marketing 100
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Apex Innovation Sciences Forms From Three Way Merger

socalTECH

A new company, Apex Innovation Sciences --with headquarters in Long Beach, California and Marlton, New Jersey--has formed out of a corporate merger of CNS Network and Hassman Research Insitute , along with the Clinical Trial Centers Alliance , three companies in the clinical trial studies industry, the companies said this morning.

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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. In 2016, our Santa Monica office more than doubled market share of early-stage companies. I studied East Asian religions in college and was intrigued to hear that a Buddhist monk was delivering meditation and mindfulness via a mobile app.

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Connexity Buys Hitwise

socalTECH

Los Angeles-based digital marketer Connexity has acquired consumer data collection company Hitwise , from parent company Experian , the company said this morning. The two combined deals were worth $47M plus up to $5M in earnout.

Study 100
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XCOR Aerospace Raises $5M

socalTECH

Mojave-based XCOR , which is developing reusable, rocket powered vehicles aimed at the commercial space market, said Monday that it has raised $5M in an equity round of funding. As part of the funding, the company said that Dyson, Fleming, and Dr. Lee Valentine of the Space Studies Institute have all joined the company's board.

Study 145
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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. Lexus upended the US car market with vehicles that were light years ahead of the junk Detroit was producing. I'm trying to leave the hammer in the toolbox. I doubt it.

Capital 113
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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. What was the biggest news for you or your firm this year?

Capital 100