Tue.Mar 19, 2019

Oblong Rolls Out New Collaboration Tool

socalTECH

Los Angeles-based Oblong , best known as the developer of 3D, interactive software used for meetings and "spatial computing", says it has rolled out a new collaboration tools aimed at virtual teams. According to Oblong, its new software, Rumpus, is a visual collaboration application aimed at the web conferencing market.

Tool 122

Investment in Technology and Automation Across Industry in LA County

SoCal Tech Calendar

Thursday, March 21, 2019 -- R.E.D Talk: Investment in Technology and Automation Across Industry in LA County. LAEDC. How is Digital Transformation Shaping our Region? Technological innovations like artificial intelligence and automation are impacting how businesses are looking to the future investments in their organizations, and their industries as a whole. Software robotics (i.e.

Invest 100

Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues

socalTECH

West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. The report--from Axios--said the fund is now entirely focused on its accelerator, Backstage Studio, and also has been cutting staff. Backstage Capital focuses on focuses on minorities, including women, People of Color, and LGBT founders.

Meat 2.0: The Future of Protein Production and Consumption in a Conscious World

SoCal Tech Calendar

Wednesday, March 20, 2019 -- MEAT 2.0: The Future of Protein Production and Consumption in a Conscious World. Central Coast MIT Forum. Join us on March 20th as we learn about a few of the new offerings of protein, meat, and seafood (e.g., plant-based proteins, cell-based meat, and meat and seafood obtained through regenerative farming) from the folks in charge of these emerging industries. See [link] (more

Interview with Ryan Disraeli And Stacy Stubblefield, Telesign

socalTECH

For this morning's interview, we thought we'd catch up with two of the co-founders of Marina Del Rey-based Telesign (www.telesign.com), Ryan Disraeli and Stacy Stubblefield. Telesign--which now has over 300 employees-- recently was acquired by BICS in a deal worth $230M. Disraeli also recently was appointed as CEO of the company. Ryan and Stacy co-founded Telesign over 15 years ago along with their co-founder, Darren Berkovitz. Talk about Telesign and what you do?

Coffee Meetup: From Immigrant to Entrepreneur

SoCal Tech Calendar

Friday, March 22, 2019 -- Coffee Meetup: From Immigrant to Entrepreneur. Crosscampus. Amir will share his experience as an immigrant entrepreneur. We'll learn how he overcame the challenge of losing his father as a teen and moving to the US from Iran, and how he became committed to entrepreneurship and solar power. See [link] (more

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Keiretsu Forum Orange County

SoCal Tech Calendar

Thursday, March 21, 2019 -- Keiretsu Forum Orange County. Angel investment meeting. See [link] (more

Teledyne Wins $20M F-35 Contract

socalTECH

Teledyne Advanced Electronics Solutions (AES), a business unit of Thousand Oaks-based Teledyne , reports this morning that it has won a $20M contract related to its support of the F-35 aircraft program. According to Teledyne, the contract--which runs for fiscal years 2019 through 2021--is with Harris Corporation.Teledyne AES said the award is to develop and deliver fiber optic quad transceiver products for the military aircraft.

Keiretsu Forum Los Angeles

SoCal Tech Calendar

Wednesday, March 20, 2019 -- Keiretsu Forum Los Angeles. Angel investment meeting. See [link] (more

SEC Claims Elon Musk Continuing Reckless Tweets About Tesla

socalTECH

The U.S. Securities and Exchange Commission said in Monday in a legal filing that Elon Musk is continuing to send out "reckless" tweets about Tesla, despite a legal agreement by Tesla and Elon Musk to ensure that his tweets about Tesla production numbers and other information that might be material to the company.

Westlake Village Investor Forum / March 2019

SoCal Tech Calendar

Tuesday, March 19, 2019 -- Keiretsu Forum Westlake Village. Angel investment meeting. See [link].

Trovata.io Names New Executives

socalTECH

San Diego-based Trovata.io , a developer of software used for automating cash management and for open banking, has named two new executives, the company said on Tuesday. The company said it has named Joseph Drambarean as Chief Technology Officer and Dave McCutcheon as Vice President Sales. Drambarean was previously at Capital One. McCutcheon was most recently Head of Sales and Alliances at FloQast. Trovata.io said that both will join the company at a new office in Del Mar Heights.

Urovant Bladder Drug Hits Test Goals But Can’t Outpace Generic Rival

Xconomy

Urovant Sciences says its experimental drug for overactive bladder could offer advantages compared to an FDA-approved treatment marketed by Astellas Pharma. But late-stage clinical results released Tuesday raise questions whether Urovant can persuade doctors to prescribe it instead of a much cheaper generic competitor. Irvine, CA-based Urovant (NASDAQ: UROV ) said Tuesday that its drug vibegron hit the main goals of a Phase 3 study.

TuSimple Aims New Product At Self Driving Truck Market

socalTECH

San Diego-based TuSimple , a startup which is developing camera and vision systems for the self-driving truck market, announced on Tuesday that it has launched a new vision system which it hopes to deploy into self-driving truck fleets. According to the company, its system will go into volume production in Q2, and will be deployed in Q3 of 2019. tuSimple says its systems are based on CMOS image sensors from Sony Semiconductor Solutions, and will work at night and in low light operation.

Why Comma.ai, Maker of Self-Driving Tech, is Moving to San Diego

Xconomy

Tech salaries may not be as high outside of Silicon Valley, but neither is the cost of operating a business—or the cost of living. San Diego’s startup community has rejoiced in recent months as massive companies that employ thousands of engineers—including Amazon (NASDAQ: AMZN ), Apple (NASDAQ: AAPL ), and the tech arm of Walmart (NYSE: WMT )—have announced expansions in the region.