TOP NEWS

The Tech Info Group Acquired By Capitas Partners

Los Angeles-based The Tech Info Group, a managed IT services, back-up, cloud, and security provider, has been acquired by Capitas Partners, the two said late Friday. Financial details of the acquisition were not announced. According to the companies, Capitas Partners will also invest $200,000 of growth capital in TTIG as part of the transaction....Continue →


Report: Los Angeles, San Diego Among Top Startup Markets

Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. Miami was ranked number on in the nation....Continue →


Qualcomm Gets Exit At August Home

San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has had an exit in its portfolio--smart lock maker August Home. August was acquired by ASSA ABLOY on Thursday. Financial details of the acquisition were not announced. August was venture backed by Bessemer Venture Partners, Comcast Ventures, Maveron, Qualcomm Ventures, AGL, Liberty Mutual and SPDG. The company had raised $75M in total. August is based in San Francisco....Continue →


Google Powers 3D Virtual Reality Exploration Of The Surface Of Mars

Have you ever dreamed of visiting Mars? Google has teamed up with NASA and JPL to power a new, 3D, virtual reality experience of the real surface of Mars, on the new Access Mars website. According to Google, it has taken the photos taken by the Mars Curiosity rover, which have been used by NASA to create a 3D model of Mars, and lets users experience the surface of the planet using WebVR....Continue →


SpaceX Wins New $97M Launch Contract With NASA

Hawthorne-based SpaceX has been selected by NASA for a new launch contract, to launch NASA's Sentinel-6A mission into space, NASA said on Thursday. According to NASA, it is targeting launch of its Sentinel-6A from Vandenberg Air Force Base in November 2020. NASA said total cost for it to launch the new mission will be approximately $97M, including launch services and other mission related costs....Continue →


Ambry Genetics Acquired By Konica Minolta

Aliso Viejo-based genetic testing company Ambry Genetics has successfully been acquired by Konica Minolta, in a deal worth $1 billion, Konica Minolta and the Innovation Network of Japan (INCJ) said on Thursday afternoon. The companies had announced the acquisition deal on July 6th. Ambry, which was founded in 1999, operates a genetic testing lab which provides offer hereditary cancer panels and clinical exome sequencing.Continue →


Trace Gets Funding From Intel Capital

Los Angeles-based Trace, a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups....Continue →


Tapatalk Acquires Panjo

Santa Monica-based Tapatalk, which develops mobile community software apps used heavily by online forums, has acquired Panjo, a marketplace for gear for auto, sport, and hobby enthusiasts. Financial details of the acquisition were not announced. Tapatalk said the deal was for cash and stock. Tapatalk's software provides mobile-friendly access to web-based forums and online communities. Tapatalk had announced its effort to acquire Pango in August....Continue →


Sendgrid Files For IPO

SendGrid, the provider of back-end email delivery services which has a big office in Orange County, has filed for an IPO, saying that it is hoping to raise up to $100M in an IPO on the New York Stock Exchange. The company has applied to list as SEND. The IPO is being underwritten by Morgan Stanley, JP Morgan, illiam Blair, KeyBanc Capital Markets, Piper Jaffray, and Stifel. SendGrid's email services are used by such customers as eBay, Uber, Airbnb, and many others....Continue →


Interview with Steve Poizner, Alliance for Southern California Innovation


Steve Poizner is a serial tech entrepreneur and was formerly California Insurance Commissioner, and recently founded the Alliance for Southern California Innovation (www.alliancesocal.org), a nonprofit which has gathered together an impressive list of research universities, technology leaders, and others to help boost the profile of Southern California in the technology industry....Continue →


Tech Scenes: John Tomich, Onestop Internet





Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive.

In this solo episode we meet up with John Tomich and talk about Onestop Internet, the growing changes in ecommerce, explosive growth, and the long history of tech startups in Los Angeles....Continue →


My Eye Media Acquired By Eurofins Digital Testing

Burbank-based My Eye Media, a provider of quality assurance and testing for the digital, motion picture industry, has been acquired by Brussels-based Eurofins Digital Testing. Financial details of the acquisition were not announced....Continue →



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