Sat.Jan 09, 2021 - Fri.Jan 15, 2021

How I Gamified My Own Brain to Lose Weight & Improve Fitness

Both Sides of the Table

Socially distant hiking in Sedona (we drove there) I recently wrote about my weight-loss journey over the past 18 months where I lost 65 pounds without a fad diet and returned to my college weight. If you want to get in better shape and haven’t read that you might start there.

Coach 425

Raising money? Find your champion.

Berkonomics

Increasing your chances of success.

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LA Companies Gear Up for Virtual CES

L.A. Business Journal

For the Consumer Technology Association, the show must go on. The three-day virtual version of the trade show is scheduled to run from Jan. 12 through Jan.

8 Keys To A Major Source Of Funding For New Ventures

Startup Professionals Musings

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Their only recourse is that first tier of investors, fondly called Friends, Family and Fools.

Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Mictic Sets Up Shop In LA

socalTECH

Zurich-based Mictic, a Zurich, Switzerland-based startup which is providing wearable, musical wristbands for the "XR" market, says it has opened up a new office in Southern California. According to the company, the startup is opening up a Los Angeles office in order to maximize its relations with the entertainment and tech industry.

Healthvana’s digital COVID-19 vaccination records are about communication, not passports for the immune

TechCrunch

As the vaccination campaign to counter COVID-19 gets underway (albeit with a rocky start), a number of companies are attempting to support its rollout in a variety of ways.

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7 Keys To Success In Today’s Popular Sharing Culture

Startup Professionals Musings

In the last few years I have seen a popular business model emerging which embodies a greater focus on social and environmental responsibility, and a new requirement for trust and sharing, as well as customer and community collaboration.

The Trade Desk Names COO

socalTECH

Los Angeles-based advertising software and exchange operator The Trade Desk said this week that it has named Michelle Hulst as the company's Chief Operating Offier. Hulst was previously Executive Vice President, Global Data and Strategy at The Trade Desk, and prior to that was Group Vice President, Marketing and Strategic Partnerships, Oracle Data Cloud. According to The Trade Desk, Hulst will be responsible for global operations, data, commercial enablement, and client services in her new role.

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How I Moved from Counting Calories to Supercharging My Workouts and Massively Improve My Fitness…

Both Sides of the Table

How I Shifted from Just Counting Calories to Supercharging My Fitness Workouts This is part of a weight loss and fitness improvement series that I’m writing to share how I went from 222 pounds and unable to bike more than 20 minutes on a Peloton to 153 pounds and running 8–12 miles / day in just 18 months.

EVgo Announces Partnership with BMW

L.A. Business Journal

Sawtelle-based EVgo Services, which operates a national network of electric vehicle charging stations, announced a new partnership with BMW

8 Keys To Preparing Early For Your Next New Venture

Startup Professionals Musings

Once an entrepreneur, always an entrepreneur. Although many won’t admit it, true entrepreneurs can’t wait to exit their current startup, and build a new and better one with their next great idea.

Dreamhost Links With Lendio On PPP Assistance

socalTECH

Los Angeles-based web hosting and WordPress services provider DreamHost and small business lending service Lendio said on Thursday that the two are partnered to provide Paycheck Protection Program (PPP) application guidance to Dreamhost customers. According to the companies, Lendio will work to assist DreamHost business customers to apply for funds made available in the latest US government Paycheck Protection Program (PPP) program. Financial details of the partnership were not announced.

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Fitness App Shred Lets Users Work Out With Friends

L.A. Business Journal

With indoor gyms closed for most of the last year, plenty of fitness-focused Angelenos have gotten used to working out from home

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Viant Files For IPO

socalTECH

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The IPO is being underwritten by BofA Securities, UBS Investment Bank, Canaccord Genuity, JMP Securities, Needham & Company, and Raymond James. The company is led by CEO Tim Vanderhook.

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Startup Mothership Helps Businesses Navigate Shipping Logistics

L.A. Business Journal

It’s no secret that ecommerce surged in 2020 as Americans adapted to doing more working, eating and shopping from home

Help 130

J2 Global Closes 4 Acquisitions

L.A. Business Journal

Internet services company J2 Global Inc. finished up 2020 on a buying spree

LA Companies Gear Up for Virtual CES

L.A. Business Journal

For the Consumer Technology Association, the show must go on

Ring Bug Allowed Retrieval Of Locations, Addresses

socalTECH

A bug in the software of Santa Monica-based Ring exposed the precise locations and home addresses of users, according to a report, a flaw that has now been fixed. According to TechCrunch, a security bug made it possible to retrieve location data on users who posted to the Ring app. Ring said it fixed the issue, and has not identified any evidence of that information being accessed or used maliciously. ring camera doorbell cybersecurity hacking hacker security

March Capital Raises $450M In New Fund

socalTECH

Santa Monica-based March Capital (formerly March Capital Partners) announced on Thursday that it has raised its third fund, March Capital Fund III, which it closed at $450M in commitments. According to the firm, the new fund is focused on enterprise software companies, and included both existing and new investors.

Ando Launches Climate Friendly Banking App

socalTECH

San Diego-based Ando, a new startup offering up mobile banking, says it has launched a free banking service which proactively combats climate change. The startup--led by CEO JP McNeil--says it specifically uses its deposits to support investments in clean energy, sustainable infrastructure, and regenerative agriculture efforts. The company claims it offers up transparency on its efforts, showing how deposits are being used in areas like clean energy and sustainable transportation.

BMW Plugs Into EVgo

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo says that car manufacturer BMW has tied into its network, and launched a new program called BMW Charging Powered by EVgo. Financial details of the partnership were not announced, however, EVgo said that BMW EV drivers will be able to access public charging through one simple interface, and BMW will provide a $100 EVgo charging credit for new owners/lesees of its all-electric/battery electric vehicle models.

AeroVironment Acquires Arcturus UAV For $405M

socalTECH

Simi Valley-based unmanned aerial vehicle maker Aerovironment says it is acquiring Arcturus UAV, a developer of unmanned aircraft used by the military, in a deal worth $405M in cash and stock. AeroVironment said it would pay $355M in cash and $50M in stock for Arcturus, which is based in Petaluma, Claifornia. Arcturus has approximately 270 employees, and is one of four companies working on the U.S. Army's FTUAS program, a next generation UAS program which is potentially worth a billion dollars.

Drata Gets $3.2M For Security Compliance

socalTECH

San Diego-based Drata, a startup developing security automation and compliance software, has raised $3.2M in a seed funding, the company said Wednesday. According to the company, the funding was led by Cowboy Ventures, and also included Leaders Fund and SV Angel, along with angel investors. Drata was founded by Adam Markowitz, Daniel Marashlian, and Troy Markowitz.

Ring Deploys End-To-End Encryption

socalTECH

Los Angeles-based security camera and doorbell maker Ring, which is part of Amazon, said on Wednesday that it has launched end to end encryption for its products. According to the company, it has started rolling out end-to-end encryption to all eligible Ring devices, first as a "technical preview" that must be turned on by the user. Ring said the new feature comes on top of the encryption the company already uses when videos are uploaded to the cloud.

Longeve Brands Lands $5M For Meat Alternative

socalTECH

Irvine-based Longeve Brands, which is developing plant-based meat alternatives, said on Wednesday that it has raised $5M in a seed funding round. The funding came from Wavemaker Partners and Springboard Ventures. According to the startup, the funding will go to expand its plant-based protein product line. The company's shelf stable products are based on pea protein, and is aimed at what the company describes as the "flexitarian" market.

Qualcomm Acquires NUVIA

socalTECH

San Diego-based Qualcomm announced on Wednesday that it has acquired NUVIA, a company that develops next general CPU designs. Qualcomm said it will pay approximately $1.4 billion before working capital and other adjustments. Qualcomm said it will use the acquisition of NUVIA to help bolster its Snapdragon technology. The company said the NUVIA has Systems on a Chip (SoC) expertise, experience in high performance processors, and more. NUVIA is based in Santa Clara, California.

will.i.am, Zynga Partners On $5M Fund For STEAM Education

socalTECH

Los Angeles-based musician will.i.am, of the Black Eyed Peas, has partnered with mobile gaming developer ,a href="[link] on a new, $5 million effort to fund STEAM education for students. According to the two, Zynga is the launch donor for the American Dream GoFundMe initiative. william zynga steam education nonprofit mobile gaming

Everytable, National Health Foundation Feeding Homeless

socalTECH

Los Angeles-based meal subscription company Evertable and the National Health Foundation, a nonprofit which operates recuperative health care centers for the homeless population, says they are working together to provide healthy meals to those experiencing homelessness. According to the two, the National health Foundation (NHF) signed a contract to bring Everytable's food to its guests experiencing homeless, at the National Health Foudnation's Pico-Union and Mid-City Recuperative Care sites.

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Virginia Company Expands Data Center In Los Angeles

socalTECH

INAP, a data center and hybrid computing provider based in Reston, Virginia, says it is expanding its data center in Los Angeles, due to supply constraints in the Los Angeles market. The company said it recently completed 12,000 square feet and 2.5 MW transformer to its data center in Redondo Beach, along Redondo Beach Ave., and is now upgrading the data center's total power capacity to 3.2

CookUnity Picks Up $15.5M, Eyes Los Angeles

socalTECH

CookUnity, a startup which connects up and coming chefs with consumers with fully cooked and prepared meals delivered via weekly subscription, says it is opening up a new kitchen in Los Angeles, after raising $15.5M in a Series A funding round. The startup--based in New York--said the funding will allow it to open up two new kitchens, including the ones in Los Angeles, and one in Texas. The funding was led by Fuel Venture Capital, and also included IDC Ventures and other existing investors.

Snap Acquires Mapping Startup StreetCred

L.A. Business Journal

Snap Inc. has reportedly acquired New York-based startup StreetCred Labs Inc., a company that collects location data for app developers

Report 109

Champions Round Finds $1M

socalTECH

Los Angeles-based Champions Round, a startup which operates a fantasy sports site, recently disclosed that it has raised $1M in a seed funding round. The funding was led by Quest Venture Partners, and had been announced during the holidays. The startup is led by Co-Founder and CEO Carter Russ. The company's fantasy sports app is centered around specific sports events, like playoffs or the NFL draft. The company's app runs both on iOS and Android.

Cardea Bio Takes In $6.5M More In Series A

socalTECH

San Diego-based Cardea Bio, a startup that is developing molecular biology equipment which uses semiconductors to analyze samples, said on Tuesday that it has raised $6.5M more in its Series A funding. The company said the new funding was led by 3E Bioventures Capital, and also included existing investors. The company has now raised $20M in its Series A. According to the company, it will use the funding to further develop its platform, to expand mass manufacturing, and grow its partnerships.

Sample 109

New Subscription Box For Divorcees Launched

socalTECH

A new, rather unique "subscription box" product just launched from Los Angeles, the The Divorce Case, which says it is targeted as a gift for loved ones who are separated, divorced, or in the midst of a divorce. The new subscription box was created by author and relationship expert Lauren Peacock. The new box costs $49.99 per month.

SLD Laser Acquired By KYOCERA

socalTECH

Goleta-based laser developer SLD Laser said this morning that it has been acquired by KYOCERA Corporation. The company--formerly known as Soraa Laser Diode, Inc.--says says it will oeprate under the new name KYOCERA SLD Laser, and is now 100% owned by KYOCERA. SLD Laser develops laser products used in the mobility, specialty lighting, consumer, and industrial markets. Financial details of the acquisition were not announced.

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Genalyte Finds $50M Funding

socalTECH

San Diego-based Genalyte, a developer of laboratory diagnostics and analytics products, announced on Monday that it has raised $50M in a funding round. The funding was led by Verily, an Alphabet company, and also included Provenio Capital, Redmile, Khosla Ventures, HBM Partners, Samsara and others. According to the company, it will use the funding to expand its testing menu and deploy its platform.