Sat.Oct 19, 2019 - Fri.Oct 25, 2019

Electric vehicle charging software EV Connect raises $12 million

TechCrunch LA

EV Connect , the Los Angeles-based company that sells software to manage electric vehicle charging, has raised $12 million in a Series B round led by investors Mitsui & Co. and Ecosystem Integrity Fund. The company has raised $25 million to date.

Video Interview: Daniel Faber, Orbit Fab

socalTECH

Daniel Faber is the CEO and founder of Orbit Fab (www.orbitfab.com), a startup developing technology to refuel spacecraft in space. Orbit Fab was part of the 2019 Techstars Space Los Angeles accelerator program. READ MORE>>. orbitfab daniel faber techstars space accelerator video startup interview

Rick Fox Exits Echo Fox, Settles Lawsuits

L.A. Business Journal

Rick Fox will leave the esports company he founded and settle lawsuits he was been trading with his co-founders

Music Tectonics Conference

SoCal Tech Calendar

Tuesday, October 29, 2019 -- Music Tectonics Conference. Explore the seismic shifts shaking up the music industry as a result of technology and innovation. The first annual Music Tectonics Conference in Los Angeles October 28-29, 2019, is a destination event for innovators in music and technology. The conference speaker lineup brings together thinkers, doers and investors to explore the seismic shifts that are shaping the business of music.

The Los Angeles Fire Department wants more drones

TechCrunch LA

As it looks to modernize its operations, the Los Angeles Fire Department is turning to a number of new technologies, including expanding its fleet of drones for a slew of new deployments. One of the largest fire departments in the U.S.,

Video Interview: Ana Pompa Alarcon Rawls, findSisterhood

socalTECH

For our video interview today, we talked with Ana Pompa Alarcon Rawls , founder and CEO of findSisterhood (www.findsisterhood.com) one of the companies out of the Techstars Los Angeles 2019 class, which is creating a new social network for women. READ MORE>>.

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Music Tectonics Conference

SoCal Tech Calendar

Monday, October 28, 2019 -- Music Tectonics Conference. Explore the seismic shifts shaking up the music industry as a result of technology and innovation. The first annual Music Tectonics Conference in Los Angeles October 28-29, 2019, is a destination event for innovators in music and technology. The conference speaker lineup brings together thinkers, doers and investors to explore the seismic shifts that are shaping the business of music.

MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab.

EV Connect Finds $12M More For EV Charging Efforts

socalTECH

El Segundo-based EV Connect , which provides managed, electric vehicle charging stations for businesses, universities, governments, and others, said on Tuesday that it has raised $12M more in a funding round, in a Series B funding round. The funding was led by Mitsui & Co., and also included the Ecosystem Integrity Fund and others. According to EV Connect, it has now raised $25M in total for the company.

How The Right Employees Have An Innovation Advantage

Startup Professionals Musings

Conventional business wisdom tells us that entrepreneurs are today’s main source of innovation. We see the stories of young founders leaving college with a big idea, going to work in their garage, and building something that changes the world.

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Medical Technology Innovation Forum 2019

SoCal Tech Calendar

Monday, October 28, 2019 --.

Mercedes-Benz app glitch exposed car owners’ information to other users

TechCrunch LA

Mercedes-Benz car owners have said that the app they used to remotely locate, unlock and start their cars was displaying other people’s account and vehicle information.

TaskUs Expands To India

socalTECH

Los Angeles-based business process outsourcing provider TaskUs is continuing its expansion, saying on Tuesday that it is opening up a new location in Indore, India--its first expansion into India. According to TaskUs, the new office is part of a plan to rapidly expand in the country. TaskUs already had operations in the Philippines, the United States, Taiwan, and Mexico.

10 Ways That Open Business Sharing Propagates Success

Startup Professionals Musings

Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. They may not have noticed the wave of “open businesses,” spawned by the Internet and social media.

LAVA First Time Entrepreneur Workshop

SoCal Tech Calendar

Saturday, October 26, 2019 --.

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TeleSign Partners With Belgium Telecom Provider

socalTECH

Los Angeles-based Telesign , which provides phone-based authentication and related services, says it has partnred with Proximus , the largest telecommunications company in Belgium. Financial details of the partnership were not announced. According to TeleSign, the partnership will provide its fraud risk product portfolio to regional and international companies with a presence in Belgium.

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Elon Musks Sends Tweet Through Starlink

socalTECH

Elon Musk , the founder of Hawthorne-based SpaceX , posted a tweet through Starlink, the growing constellation of satellites SpaceX is launching to provider Internet access around the world. SpaceX is planning to launch as many as 30,000 satellites into low earth orbit to provide its high speed Internet. Those plans--as well as a similar plan from Amazon--would offer up what SpaceX said would be low cost Internet access globally.

PHY Wireless Spins Out Of Acorn Technologies

socalTECH

La Jolla-based PHY Wireless , a new company focused on wireless positioning technology, has spun out from Acorn Technologies , the companies said this morning. According to the two, PHY Wireless will be a pure play provider of high performance accurate positioning mobile solutions for carriers, chip makers, IoT module manufacturers, application service providers and end users. Financial details and structure of the spinout were not announced.

ENGIE US Wind Signs Deal With Walmart

socalTECH

Santa Barbara-based ENGIE US Wind , the U.S. arm of energy developer ENGIE, reports that it has signed a new, 366 megawatt wind power deal with Walmart , spanning multiple U.S. energy markets. Financial impact o the win were not announced. According to ENGIE, the deal includes two virtual renewable power purchase agreements (VPAAs) which will go towards building the 366 MW of wind projects across the U.S.,

GreenPark Sports, Founded By Former YouTube, Zappos, Blitz Founders, Finds $8.5M

socalTECH

Calabasas-based GreenPark Sports --a new startup founded by Chad Hurley, co-founder of YouTube; Nick Swinmurn, founder of Zappos; and Ken Martin, co-founder of Blitz--has raised $8.5M in a seed funding round. GreenPark Sports says it is a publisher and developer of "fan-forward", digital experiences and mobile games for the new generation of sports and eSports fans. The funding round was led by SignalFire, and also included Sapphire Sports and Founders Fund.

GOAT Goes Gucci, Adds Luxury Brands

socalTECH

Los Angeles-based GOAT , which operates an online marketplace for collectible sneakers, is branching off into the luxury brand market, adding such brands as Gucci, Saint Laurent, Off-White, and others, the company said on Monday. The items are currently available on GOAT's smartphone apps for iOS and Android, and will eventually be available on GOAT's website and WeChat. GOAT said the effort is part of a plan for resale expansion. READ MORE>>.

MediaLab, Maker Of Whisper, Buys Kik

socalTECH

Instant messaging service Kik has been sold to Los Angeles-based MediaLab , the owner of anonymous messaging app Whisper , the companies said over the weekend. Financial terms of the acquisition were not announced. The two said that Kik Interactive, the owner of Kik, sold both Kik and other "selected assets" to MediaLab. The sale of Kik to MediaLab is related to the legal issues that Kik has been battling with the SEC over its "Kin" cryptocurrency.

HyreCar Adds New Dealers

socalTECH

Los Angeles-based car sharing marketing HyreCar , which offers out a marketplace of vehicles aimed at use with ridesharing services like Uber and Lyft, says it has expanded its vehicle supply by adding two new large, multi-location dealerships. The names of those dealerships were not announced. According to HyreCar, the addition will add more than 1,000 cars to its marketplace, increasing its supply by apporximately 50%.

Teledyne Gets $178M In Special Operations Contract

socalTECH

Thousand Oaks-based Teledyne Technologies reported this morning that it has scored a $178M contract, to product underwater combat submersibles for the Special Forces. According to Teledyne, the contract win came for Teledyne Brown Engineering, its subsidiary in Huntsville, Alabama, from the Naval Sea Systems Command (NAVSEA).

Rubicon Project Buys RTK.io

socalTECH

Los Angeles-based advertising exchange operator Rubicon Project said this morning that it has acquired RTK.io , a developer of open source, header bidding solutions for publishers. According to Rubicicon Project, it paid $11M in cash for RTK. Rubicon says that RTK's solutions are build on the same, open source framework as its own, Demand Manager product portfolio, Prebid. The company says it plans to integrate the two solutions in the coming months. RTK.io

MobLab Finds Funding For Personalized Learning

socalTECH

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. The funding came from the Andrew Nikou Foundation (ANF), which is the foundation of entrepreneur Andrew Nikou. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital. Size of the investment in MobLab was not announced.

Interview with Neal Pecchenino, Boxi: Turning Blank Trunks Into Moving Ads

socalTECH

Neal Pecchenino , the founder and CEO of Boxi , while trying to advertise the brand of a company he was working for--how do you reach a lot of people with a branding campaign, affordably? Then he noticed all of the big, blank delivery and shipping trucks around him.

6 Principles To Move Innovation Intentions To Results

Startup Professionals Musings

Real innovation in the business world is still rare.

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