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Aadi Bioscience Raises $23M

socalTECH

Pacific Palisades-based Aadi Bioscience , a biopharmaceuticals firm focused on diseases related to mTOR activation, said it has raised $23M in a Series A funding round. Aadi Bioscience licensed the technology for its biopharmaceuticals from Celgene in 2014. READ MORE>>.

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VAL9000 Wins Allscripts Challenge Award

socalTECH

Pacific Palisades-based VAL9000 , a developer of technology which gives doctors access to clinical information systems by voice, is one of fifteen companies which recently scored an award for innovative electronic health records software. VAL9000's technology was developed at the UCLA Medical Center. READ MORE>>.

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Interview with Gary Bishop, Network Automation

socalTECH

We are handling IT processes which are normally the purview of large players like BMC and CA Technology, HP, and IBM--considered the Big 4 in IT administration. Gary Bishop: My background, prior to Network Automation, was in the financial technology marketplace. The technology has just exploded. We have a very strong fan base.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

In growing numbers, Silicon Valley executives—long based in tech strongholds like Santa Clara and Palo Alto—are buying homes in Los Angeles, as the lines between the technology and entertainment businesses grow blurrier. says Mark Suster, a venture capitalist who started leasing in Pacific Palisades two years ago.