December, 2018

Virtual reality gaming and the pursuit of “flow state”

TechCrunch LA

Maggie Lane. Contributor. Share on Twitter. Maggie Lane is a writer and producer of virtual reality experiences and covers the industry for various publications. More posts by this contributor. Inside Nickelodeon’s Teenage Mutant Ninja Turtles VR Interview Experience.

Can a revolutionary concept be too late to market?

Berkonomics

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field against products from other companies that already have revenues flowing.

Top CTO Challenges for 2019

SoCal CTO

The LA CTO Forum recently conducted a survey to find out what our Chief Technology Officer (CTO) members saw as their biggest challenges heading into 2019. We received over 250 responses that provides a pretty good insight into the top CTO challenges.

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Apple to Employ 1,000 at New Culver City Office

L.A. Business Journal

Apple Inc. plans to employ 1,000 people in a new office in Culver City, the Cupertino, Calif.-based based tech giant announced today

Calibrate Ventures Raises $80M Investment Fund

socalTECH

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. According to the newly created venture capital firm, it will focus on early revenue startups, focused on companies across both the consumer and enterprise sectors.

Udacity Achieves 50,000 Nanodegree Grads Amid Company Reorganization

Xconomy

Udacity , a pioneer in the online teaching of IT skills, is celebrating a milestone today—50,000 students have now graduated from one of its revenue-generating “Nanodegree” programs.

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Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Does a “good heart” diminish the chances of success?

2018 ACG 101 Holiday Reception and Spark of Love Toy Drive

SoCal Tech Calendar

Wednesday, December 19, 2018 -- 2018 ACG 101 Holiday Reception and Spark of Love Toy Drive. ACG 101 Corridor Chapter. See [link] (more

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Game Developer Pearl Abyss Moves to Manhattan Beach

L.A. Business Journal

Pearl Abyss Corp., based in Anyang, Gyeonggi, South Korea, announced Dec. 12 it will move from a temporary office in Irvine, Calif., to establish a full-time U.S. headquarters at the Omni Group Towers in Manhattan Beach

Ring's Latest Patent Application Raises Alarms Among Privacy Advocates

socalTECH

Santa Monica-based Ring has just received a patent on adding facial recognition to its cameras--allowing some future version of the camera to automtically call police on a "suspicious" subject--in a move that has raised alarms among privacy and social advocates.

15 For ’19: Key Clinical Data To Watch For Next Year (Part 1)

Xconomy

It can take decades and billions of dollars to develop a drug, and its fate—and often that of its developer—rests in the outcome of clinical trials. Just look at some of 2018’s biggest biotech stories.

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Apple plans major US expansion including a new $1 billion campus in Austin

TechCrunch LA

Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S.

AppOnboard raises $15 million to let Android users try before they buy apps on Google Play

TechCrunch LA

Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said.

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Lyft is becoming a one-stop transportation app in these 3 cities

TechCrunch LA

Lyft is turning its app into a one-stop multimodal transportation app in a few U.S.

Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

TechCrunch LA

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce carbon emissions, particularly those generated from tailpipes.

Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers.

Silicon Beach Report Dec. 5: Hyperloop Transportation Technologies Creates New Venture

L.A. Business Journal

Upfront Ventures leads $14 million MetaCX round; Axiomatic invests in Matcherino; Hyperloop Transportation Technologies links with German port authority

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Luxtera Acquired By Cisco For $660M

socalTECH

In a big exit for Southern California, Carlsbad-based Luxtera , a developer of optical semiconductors used in the high speed networking market, has been acquired by Cisco , in a deal worth $660M in cash and assumed equity options. According to Cisco, it will incorporate Luxtera's technology into its "intent-based" networking portfolio. Luxtera's semiconductors are used in optical transceivers, including 100GbE and 400GbE networks.

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EvoNexus Adds ecoATM's Genthert As Managing Director

socalTECH

EvoNexus , the non-profit startup technology incubator operator which has locations in both Irvine and San Diego, said today that it has added Bob Genthert, the co-founder of ecoATM, as a Managing Director at EvoNexus in Irvine. Genthert was a co-foudner of ecoATM, which was sold to Outerwall in 2013 for $350M. Genthert also has served at such companies as The Walt Disney Company, Disney Publishing Group, ESPN Magazine, The New Release, and Sky Mobilemedia. READ MORE>>.

Blippar, Backed by Qualcomm Ventures, Calls It Quits

socalTECH

UK-based augmented reality technology developer Blippar , which had been backed by Qualcomm Ventures, has gone into administration in the UK--their equivalent of bankruptcy--after failing to obtain new funding for the company.

TicketGuardian Finds $8M

socalTECH

Newport Beach-based live events software and insurance products developer TicketGuardian has raised $8M in a Series A funding, according to the company, in a round led by American Family Ventures and IA Capital Group. The company said the new funding brings its total raised to $13M. TicketGuardian, led by CEO and founder Bryan Derbyshire, said the new funds will go towards its technology, products, and services it provides to event organizers.

Richard Wolpert Talks About The Soul Of A Deal, And How To Get That Deal Done

socalTECH

Richard Wolpert is a well known investor in the Los Angeles technology community, through his own fund, Chance Technologies; as a Venture Partner at Amplify.LA and Venture Advisor at Accel Partners; and has a long history in the tech community, having been Chief Strategy Officer at RealNetworks and President of Disney Online.

SpaceX Breaks Launch Record

L.A. Business Journal

SpaceX reaches new heights with record-breaking rocket launch

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Razor, Lime Deploy E-Scooters in LA

L.A. Business Journal

Four months after announcing its arrival in Long Beach, Cerritos-based Razor USA will bring shared electric scooters to LA, as well

Interview with Jordan Glazier, Wildfire Systems

socalTECH

Anyone knows that word-of-mouth recommendations--whether from friends, family, or influencers--carries a huge amount of weight when you're making purchasing decisions. So, if you're a marketer, how do you track and encourage those word-of-mouth recommendations? And, if you're a social platform, is there a way to monetize all that activity happening on your service?

Cylance Launches Virtual Chief Information Security Officer Service

socalTECH

Irvine-based cybersecurity software developer Cylance has launched a new service, intended to help companies patch the inability to fill the holes they have in the cybersecurity area, which will provide a "virtual Chief Information Security Officer" (CISO).

The Grinch Comes To Jam City's Panda Pop

socalTECH

Los Angeles-based mobile app developer Jam City says the classic Dr. Seuss character, The Grinch , is crashing its popular Panda Pop again this year, as a special holiday collaboration with Dr. Seuss Enterprises and White Space Entertainment. According to Jam City, The Grinch will be featured in special artwork, events, and prizes through December in its bubble shooter game, as well as events and activities for its players.

Virgin Galactic Returns To Space In Fourth Test Flight

socalTECH

Mojave-based Virgin Galactic , the spaceflight and space tourism company founded by Sir Richard Branson, has returned to space , after its fourth test flight on Thursday. According to Virgin Galactic, the SpaceShipTwo VSS Unity landed successfully after reaching 51.4 miles above the earth, reaching speeds of three times the speed of sound above Mojave.

Vyng Picks Up $4M For Video Ringtones

socalTECH

Venice, California-based startup Vyng , which develops software which turns calls from friends into cute "video ringtones" that show up on your lock screen when a friend calls, has raised $4M in a funding round, the company said on Thursday. Vyng said it raised $4M in its Series A funding, which was led by Omidyar Network India, and also included March Capital Partners, Alpha Edison, and the Entrepreneur Fund.

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Brain Corp Taps NVIDIA Hardware For AI Efforts

socalTECH

San Diego-based artificial intelligence software developer Brain Corp says it has linked up with processor developer NVIDIA , to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. According to Brain, it selected NVIDIA's Jetson to run its software for its self-driving robot technology, which SoftBank Robotics is rolling out to commercial customers in Japan next year.