Sat.Mar 28, 2020 - Fri.Apr 03, 2020

How To Change Your Perspective And Create Innovation

Startup Professionals Musings

In today’s fast moving world of business startups, learning trumps knowing every time. What established businesses know through experience keeps them from looking for the new and innovative ways to do what they do better, cheaper, and faster.

Safe at Home

L.A. Business Journal

Ring is one of the most recognized brands and most widely used technologies in a smart-home market that’s expected to total $101.1 billion in 2020

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AristaMD Finds $18M In Series B Funding

socalTECH

San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The funding was led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), and also included Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care. The company said the funding will go to towards accelerating expansion of its platform across the country.

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San Diego Biotech Entrepreneurs, Innovation Lead to “Maturing” Ecosystem

Xconomy

The local biotech ecosystem is growing up thanks to its innovative science and collaborative ecosystem, advantages that put it nearly on par with the nation’s top life science regions, according to industry veterans.

10 Startup Practices With A Proven Record Of Failure

Startup Professionals Musings

Unfortunately, many entrepreneurs seem to prefer to fail their way to the top, rather than do some research and learn from the successes and mistakes of others. It seems to be part of the “fail fast, fail often” mantra often heard in Silicon Valley.

Robin Games Raises $7 Million Round

L.A. Business Journal

Mobile-game developer Robin Games Inc., which was founded by former Jam City Inc. executive Jill Wilson, has raised $7 million in a seed round

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A Baby’s Milestones and the Next Steps for Novartis in Gene Therapy

Xconomy

Cameron Hewitt’s family celebrates the anniversary of her life not once, but twice yearly: Besides her September birthday, they commemorate a day in March—the anniversary of two-year-old Cameron receiving the gene therapy that gave her a new shot at life.

7 Key Culture Elements That Drive Value In A Startup

Startup Professionals Musings

As an entrepreneur, it’s never too early to set the culture you need for a thriving business, as well as thriving employees, customers, partners, and vendors.

Ranker Sets Viewing App

L.A. Business Journal

Digital media company Ranker Inc. has rolled out a new app to help consumers search for and discover shows across a range of streaming platforms

Aparavi Names VP

socalTECH

Santa Monica-based Aparavi , a provider of software used for data search and automation, says it has named Matt Carpenter as its Vice President of Platform Success. Aparavi said that Carpenter will head up teams that include solution architecture, support, QA, platform integrations, operations, and partnerships.

Saucey Reports a Spike in Demand

L.A. Business Journal

For Saucey Inc. Chief Executive Chris Vaughn, the signs pointing to a spike in demand for the company's alcohol delivery app came well ahead of the stay-at-home order

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RCT Studio Raises $10 Million

L.A. Business Journal

RCT Studio, a Burbank-based developer of interactive games, announced it has raised $10 million in Series A funding

Burke to Remain CEO at AECOM

L.A. Business Journal

Michael Burke, who had been expected to step down as chief executive at Century City-based engineering company AECOM at the end of March, will remain at the helm of the company for the foreseeable future

HireRight Adds Social Media Screening

socalTECH

Irvine-based HireRight , which provides employment background checks, drug testing, education verification, and other services, says it has added new social media screening, via a partnership with Fama Technologies. Financial details of the deal were not announced.

Arena Pharmaceuticals Names Advisor

socalTECH

San Diego-based Arena Pharmaceuticals , a pharmaceuticals developer, said today that it has named James C. Mullen as a independent senior advisor to the company. Mullen was previously CEO of Patheon N.V, a provider of pharmaceutical development and manufacturing services; he also served at Biogen and SmithKline Beecham, and serves on the boards of Insulet Corporation and Vicarius Pharma AG. He previously was also on the boards of Patheon, Biogen, and PerkinElmer. READ MORE>>.

IronOrbit Targets Migration To Remote Work

socalTECH

Anaheim-based IronOrbit , which provides virtualization and cloud services for businesses, says it has geared up to help other businesses set up remotely, as a result of work-from-home measures to counter the coronavirus pandemic. The company--like many others--says it has been helping many users relocate from corporate offices to remote workspaces. The company did not say which customers it has moved nor how much it charges for its services.

J2 Global Opens Up Access To Healthcare Tool

socalTECH

Los Angeles-based J2 Global --which operates a very wide range of Internet information services and publications--says it is now providing free access to healthcare providers for its Consensus healthcare interoperability platform. The Consensus business is one of a number of businesses owned by J2 Global. J2 Global said the tool enables healthcare providers to access patient records needed for treatment through Carequality.

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Moonshots Backs Zabo In $2.5M Funding

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Los Angeles-based venture investor Moonshots Capital is the lead investor in Zabo , a developer of software which helps financial institutions link bank accounts to cryptocurrency wallets. Zabo recently raised $2.5M in funding for its cryptocurrency effort, which also included Blockchange Ventures, Castle Island Ventures, the Tezos Foundation, CoinShares, Digital Currency Group, and Capital Factory. Zabo is based in Dallas, Texas, and is led by co-founders Christopher Brown and Alex Treece.

ZipRecruiter Cuts More Than 400

socalTECH

Santa Monica-based ZipRecruiter , which provides online recruiting services, has cut more than 400 employees, one of thousands of companies cutting their ranks as a result of the ongoing COVID-19 pandemic. The company, which is led by CEO Ian Siegel, had been in the midst of an incredible expansion, having grown to more than 1,000 employees in 2018 among a strong job market.

Virgin Orbit Develops Ventilator For Pandemic Response

socalTECH

Long Beach-based space launch company Virgin Orbit has temporarily shifted its attention from developing rockets and its satellite launch systems, and applied its engineering skills to developing a new ventilator, designed to help in the battle against the COVID-19 coronavirus pandemic.

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LA Executive Plans "Virus Free" Retreat For The Well Heeled

socalTECH

A Los Angeles-area startup executive has launched a plan for a "virus-free" luxury retreat from the world, called Harbor , saying this week that he plans to house 33 guests--all paying several thousand dollars a month--at an undisclosed location in Southern California, to allow people to wait out the coronavirus pandemic as a group.