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Wednesday, January 4, 2017

Faraday Future Unveils FF 91, Its First Production Car

Wednesday, January 4, 2017

Los Angeles-based Faraday Future, the secretive electric car startup funded by Chinese investors, has unveiled its first production car, the FF 91, at a showy event a CES in Las Vegas. Faraday Future also started accepting reservations for the yet-to-be-produced vehicle, letting would-be buyers put down $5000 towards a new FF 91. Pricing on the new car has not been announced.

 
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MINDBODY Ties Into Google Search, Maps

Wednesday, January 4, 2017

San Luis Obispo-based software developer MINDBODY, which develops cloud-based software used for business management by the wellness services, yoga, fitness, and related industries, says it has integrated its services with Google Search and Google Maps. MINDBODY said that it has teamed with a new program, "Reserve with Google", which will let Google users book fitness and wellness classes directly from Google Maps, Search, and a new standalone website. Financial details of the arrangement were not announced. The new Google integration will initially roll out in New York City, San Francisco, and Los Angeles, and also includes both booking and payment through Google. MINDBODY is led by Rick Stollmeyer.

 
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Vertical Management Systems Acquired By NewSpring Holdings

Wednesday, January 4, 2017

Pasadena-based Vertical Management Systems, a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Financial terms of the acquisition were not disclosed. Vertical Management Systems (VMS) provides its software to large financial institutions. VMS was advised by Broadhaven Capital partners and Kunzler Law Group; NewSpring Holdings was advised by Blank Rome LLP.

 
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CBRE Group Buys Floored

Wednesday, January 4, 2017

Los Angeles-based real estate services and investment firm CBRE said Tuesday afternoon that it has acquired Floored, a developer of interactive 3D graphics software for the commercial real estate industry. Financial details of the acquisition were not announced. Floored, which was based in New York City, develops cloud-based, interactive 3D graphics software which lets commercial real estate brokers virtually configure vacant space, create virtual tours, and visualize and edit floor plans. The software is used for 3D "walk throughs" of commercial real estate space. CBRE said it is adding the founders of Floored, and a 36-person team, as part of the acquisition.

 
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Esri Takes On Connected Car Market

Wednesday, January 4, 2017

Redlands-based GIS and mapping software developer Esri is dipping its toes into the connected car market, saying that it is showing off use in the connected car market at CES. Esri said on Tuesday that its mapping and spatial anlytics technology will be shown off at an automated driving demonstration in conjunction with Microsoft, NXP Semiconductors, IAV, Cubic Telecom, and Swiss Re. Esri said its mapping and spatial analytics technology talks with Microsoft Cortana, and is providing enterprise GIS platform services in Azure to better understand driver behavior, predict road conditions to improve traffic flow, and share connected car sensor data to "smart cities".

 
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Frequency Announces Deal With TiVo

Wednesday, January 4, 2017

Los Angeles-based Frequency, the developer of a cloud-based video distribution and curation service, said this morning that it has inked an agreement with TiVo Corporation, to bring the company's video service and programming to TiVo's pay TV and consumer platforms. Financial terms of that deal were not announced. Frequency and TiVo said the use of Frequency's metadata would help enhance content discovery on TiVo and enrich the entertainment experience consumers have the TiVo platform.

 
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Kingston Digital Pushes USB Flash Drive Capacity To 2TB

Wednesday, January 4, 2017

Fountain Valley-based solid state memory maker Kingston Digital the flash-memory arm of Kingston Technology, has rolled out a new, high capacity USB flash drive which offers upto 2T of storage space. According to Kingstone Digital, the USB flash drive is now the world's highest capacity USB flash drive. Kingston did not announced planned pricing on the drive, which it says will be available in February. The DataTraveler Ultimate GT provides USB 3.0 connectivity and will carry a five year warranty.

 
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Teledyne Nabs Department of Defense Contract

Wednesday, January 4, 2017

Teledyne SeaBotix, the developer of underwater, remotely operated vehicles (ROVs) used by the U.S. military, said on Tuesday that it has been awarded a multi-million dollar, operational capability upgrade contract for the Department of Defense. Exactly amount of the upgrade contract was not announced. The company said the win came through a distributor, Atlantic Diving Supply (ADS). Teledyne SeaBotix--which is based in San Diego--said the program will deliver sixty new Teledyne SeaBotix vLBV300 ROV systems for Explosive Ordnance Disposal (EOD) Mobile Units.

 
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Tuesday, January 3, 2017

Proterra Raises $140M To Ramp Production, Hiring In Los Angeles County

Tuesday, January 3, 2017

Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing. According to Proterra, which is based in the Bay Area, the Series 5 round of funding was led by a $40 million investment from an undisclosed investor, an additional $60 million from several new investors, and also included Tao Capital Partners, Kleiner Perkins, GM Ventures, Constellation Technology Ventures, 88 Green Ventures, Edison Energy, Inc. The funding was managed by J.P. Morgan.

 
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Clearlake Capital Acquires LANDESK

Tuesday, January 3, 2017

Santa Monica-based private equity investor Clearlake Capital Group L.P. announced this morning that it has agreed to acquire LANDESK, a developer of IT management software, from private equity investor Thoma Bravo. Financial details of the deal were not announced. As part of the acquisition, LANDESK said it will merge its existing portfolio company, HEAT Software, with LANDESK. The newly combined company will be led by current LANDESK CEO Steve Daly, and be based in Salt Lake City; HEAT CEO and Clearlake Operating Advisor John Ferron becomes Executive Chairman of the new company.

 
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OpenGate Capital Sells Getronics LATAM

Tuesday, January 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm. Getronics LATAM operates in Mexico, Colombia, Peru and Venezuela, and provides workspace management services, connectivity, data centers and consultancy services. OpenGate Capital had acquired Getronics LATAM in 2010.

 
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ShadeCraft Targets Robotics, Smart Home Market

Tuesday, January 3, 2017

Glendale-based ShadeCraft, a new startup using robotics technology for house shading, said it is launching its product at CES. According to the company, it will be unveiling an Sunflower, an autonomous solar powered and robotic shading system at CES. The company claims the device uses artificial intelligence, Internet-of-Things (IoT), and sensors. The company is led by Armen Gharabegian.

 
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Tribogenics Adds Advisor

Tuesday, January 3, 2017

Los Angeles-based Tribogenics, which is developing X-ray technology, said last week that it has added Professor Giuseppe Pezzotti to its Scientific Advisory Board. Pezzotti is at the Kyoto Institute of Technology. The company said it will use Pezzotti's expertise to help it expand use of its technolog to medical imaging, rare earth elements, mining, energy and other areas. Tribogenics currently is applying its hand held X-ray technology for performing non-destructive testing (NDT) and PMI of metals and alloys.

 
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Monday, January 2, 2017

SpaceX Targets Launch From Vandenberg For Sunday

Monday, January 2, 2017

Hawthorne-based SpaceX announced on Monday that it will attempt to launch its first payload into space since an accident in September at Cape Canaveral. According to SpaceX, it will now attempt to launch ten Iridium satellites on Sunday, January 8th, from Vandenberg Air Force Base, which is north of Santa Barbara, California. SpaceX announced the launch, from Vandenberg's Space Launch Complex 4E (SLC-4E), after clearance by the Federal Aviation Administration (FAA) on conclusion of an investigation into the explosion on September 1st. SpaceX said that investigation found traced the fault to one of the three composite overwrapped pressure vessels (COPVs) inside the second stage liquid oxygen (LOX) tank. SpaceX also said it would return to a prior flight configuration and make changes to avoid the issue.

 
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Friday, December 30, 2016

Reflections on 2016: Scott Alderton, Stubbs, Alderton & Markiles LLP

Friday, December 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. Here, we have the thoughts of Scott Alderton of Stubbs, Alderton, and Markiles LLP (stubbsalderton.com). Stubbs, Alderton, and Markiles is a longtime sponsor of socaltech.com, and represents a wide range of clients, including a significant number of Southern California's most visible startups. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Scott Alderton: No single piece of news, but a theme going on 15 years - Stubbs Alderton & Markiles is still dedicated to representing entrepreneurs and technology companies big and small in the Emerging Growth and Technology markets. We don't "retrench and pullback" when the market cools down and we don't "move upstream" as we experience continued success. We are committed to the Los Angeles and Silicon Beach ecosystem and we aren't going anywhere, so help us lead, follow or get the hell out of the way!

What's the biggest lesson you learned this year?

Scott Alderton: Success is hard - and it requires devotion and commitment, over a long period of time. Overnight success stories are great and grab the headlines, but the only sure path is commitment, hard work and dedication.

What's your favorite technology gadget, device, or innovation you ran across this year?

Scott Alderton: Without a doubt my personal favorite is the Amazon Echo....

 
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Reflections on 2016: Michael Terpin, Transform Group

Friday, December 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. Here, we have the thoughts of Michael Terpin of Transform Group. Michael--despite a recent move to Puerto Rico--is a longtime fixture of the LA technology community, having founded Marketwired here, and is an expert on Bitcoin. He's also a very active angel investor. You can see all of our holiday reflections here.

What's the biggest news from you or your‏ firm this year?

Michael Terpin: My personal biggest news in 2017 was moving to Puerto Rico. We still have our largest office on the Third Street Promenade (and my firm's headquarters are still in Las Vegas), but I couldn't resist taking advantage of the great tax breaks and weather to live half the year in paradise. Social and instant messaging, plus mobile broadband, makes it possible to serve a global clientele from anywhere – and Santa Monica is still my favorite place overall, so I'm there almost every month for at least a few days to work with our LA team and regional clients.

What's the biggest lesson you learned this year?

Michael Terpin: Biggest lesson is that persistence and hard work pays off. Whether it was sticking with bitcoin and blockchain as a sector when naysayers abounded, working to develop talent on my team, or investing in travel and education as a vehicle for personal and professional growth, I find one generally reaps what they sow....

 
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Reflections on 2016: Louise Wannier, True Roses

Friday, December 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from Southern California's technology ecosystem. Here, we have the thoughts of Louise Wannier of True Roses. Wannier is a longtime Southern California entrepreneur, having founded MyShape, Enfish, and co-founding Gemstar, the maker of VCR Plus. She also founded CEO Circle, a confidential forum for early-stage technology CEOs. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Louise Wannier: Personally, becoming a grandma. With respect to technology, it has been having the opportunity to help a few entrepreneurs realize the next stage of their dream by working through key strategic choices together.

What's the biggest lesson you learned this year?

Louise Wannier: Reminded of the age old lesson- cash is king, don't leave too many eggs in too concentrated a basket and ensure survival first, growth second.

What's your favorite technology gadget, device, or innovation you ran across this year?

Louise Wannier: Calendly.com. Has saved me oodles of time and the aggravation of back and forth.

Finally, what do you think will have the biggest impact on the technology industry in 2017?

Louise Wannier: Continued development of AI/Deep learning networks.

An experienced Corporate Director and CEO, Ms....

 
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

Friday, December 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Rob Freelen of Silicon Valley Bank (www.svb.com). Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. You can see all of our holiday reflections here....

 
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Core Innovation Capital Raises $71M In New Fund

Friday, December 30, 2016

Los Angeles-based Core Innovation Capital, the fintech investment firm led by Arjan Schutte and Kathleen Utecht, has just raised $71.5M in a new fund, Core Innovation Capital II, L.P., according to a regulatory filing by the company on Thursday. The fund's target size was $75M, and the filing indicates another $3.47M still remains to be raised in the fund. Core Innovation Capital has been among the most active investors in the Los Angeles area, although the firm invests nationwide in financial technology companies. The company's investments include Honest Dollar, Mirador Lending, CoverHound, Ripple Labs, Vouch, and many others.

 
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Faraday Future Leadership In Turmoil

Friday, December 30, 2016

Los Angeles-based electric vehicle developer Faraday Future--which already has been in turmoil--apparently is seeing even more, on reports that another executive at the company has left, following the departure last week of the company's Chief Brand and Commercial Officer, Marco Mattiacci, and VP for Product Marketing and Growth, Joerg Sommer. Faraday Future--which is promising a big announcement at CES in January--also apparently halted work at its factory in Las Vegas in November. The stealthy and secretive company's turmoil is reminiscent of the issues faced by two other, ill-fated Southern California electric car makers--Fisker Automotive and CODA Automotive, several years ago.

 
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SpaceX Gears Up For Iridium Launch

Friday, December 30, 2016

Hawthorne, California-based SpaceX, the Los Angeles area space rocket developer led by billionaire Elon Musk, is getting set for its return to space, and has loaded up ten IridiumNEXT satellites into a Falcon 9 in preparation for a launch in January. According to Iridium, the first ten IridiumNEXT satellites have been stacked and encapsulated into a Falcon 9 fairing, as one of the first milestones to a launch of those satellites into space. Those satellites are expected to launch sometime in early January, from Vandenberg Air Force Base, a launch which should be visible to residents in Central and Southern California. SpaceX and Iridium have not yet announced the exact launch window for the satellite payload, which had originally been slated for launch in December.

 
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Reflections on 2016: Grant Hosford, codeSpark

Friday, December 30, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Grant Hosford, the CEO and co-founder of codeSpark (www.codespark.com), the company behind the game The Foos (www.thefoos.com), which teaches kids to learn how to code just by playing the game. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Grant Hosford: codeSpark's biggest news in 2016 was closing on $4.1M of seed funding and launching our popular subscription service for kids ages 4-10. A close second was codeSpark Academy being named “best learning app of the year” by Kidscreen, The American Association of School Librarians and the American Association of Publishers.

What's the biggest lesson you learned this year?

Grant Hosford: The lesson of the year for me is the importance of stringing together a series of small and medium sized wins. We've been fortunate to have a few big positive moments as a company but what really defines our success so far is a relentless focus on moving toward key goals each week and month. Both investors and customers have told us we stand out for our ability to consistently deliver on new content, new partnerships and improving core metics. Regular wins mean more people are willing to bet on you....

 
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Reflections on 2016: Jeb Spencer, TVC Capital

Friday, December 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years.
You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?
Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. Every now and then we feel like we are finally starting to get a hang of this investing thing -- though the feeling doesn't always last very long.
Our twentieth deal was a $15 million growth equity investment in Seattle based software firm BitTitan, currently rated the number one place to work in Seattle. But before you think of moving out of SoCal, our 19th deal also closed in 2016, and this was a growth equity investment in Brentwood based Docupace Technologies. An interesting investment for our firm, the $16.5 million transaction involved buying Docupace back from the scandal ridden, failed public company RCS Capital (RCAP). RCAP had purportedly valued Docupace at over $75 million when they acquired a majority interest in the company in September 2014....

 
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Reflections on 2016: Michael Root, DogVacay

Friday, December 30, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Michael Root, the new CTO of DogVacay (www.dogvacay.com)--but longtime Los Angeles tech vet, having most recently been at Riot Games. DogVacay helps connect pet owners with pet sitters and dog walkers. You can see all of our holiday reflections here.
What's was biggest news from you or your‏ firm this year?

Michael Root: Personally, my biggest news this year was joining DogVacay, in October, as their new CTO. In my role, I oversee all technical departments at DogVacay and have been working to further build the company's engineering teams. Our mission for the company has always been to continuously looking at how it can provide better value to the guests and hosts and make life better for both pets and people. We launched walking this year. You can now go online to DogVacay.com and schedule a walking for your dog. This is very exciting.

What's the biggest lesson you learned this year?

Michael Root: The biggest lesson that was reiterated to me again this year was the importance of responsibility. One has to take responsibility for everything in their life. Now this might sound a little bit lofty and over generalized, however, I think not. I know from experience that when I change my attitude, my perspective changes and as a result the world around me looks totally different....

 
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Reflections on 2016: Stephen Stokols, FreedomPop

Friday, December 30, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Stephen Stokols, founder and CEO of FreedomPop (www.freedompop.com), which offers up free, mobile Internet service. You can see all of our holiday reflections here.
What's was biggest news from you or your‏ firm this year?


Stephen Stokols: FreedomPop raised additional $50 million to expand the business internationally and accelerate US growth....

 
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Thursday, December 29, 2016

Reflections on 2016: Alon Goren, Crowd Invest Summit and 805 Startups

Thursday, December 29, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Alon Goren, the co-founder of Crowd Invest Summit and 805 Startups. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Alon Goren: This year, my partners, Josef Holm (Krowdster), Darren Marble (CrowdfundX) and I started Crowd Invest Summit. On December 7th and 8th, we hosted the inaugural Crowd Invest Summit at the LA Convention Center, which was the largest Crowdfunding and Online Investing event ever held. We had a ton of amazing speakers like Robert Herjavec and James Altucher come out. We also got the LA VC community involved as well which was a lot of fun. We had a great fireside chat with Brock Pierce and had a panel with Richard Wolpert, Jim Andelman, Mark Mullen, Peter Liu and Buck Jordan. Next year, we plan on building it into a bigger business and in April 2017, we'll be doing it again, but this time in New York.

What's the biggest lesson you learned this year?

Alon Goren: Delegate! My partners and I were able to plan, sell and organize the conference, but without the help of our teams and interns, it would have been a nightmare to execute. We hired on Jo Beyersdorfer to produce the event and tackle all of the last minute logistics and she killed it for us. Next year, we'll be hiring on a larger team to help us throw gasoline on the fire....

 
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Reflections on 2016: Jaspar Weir, TaskUs

Thursday, December 29, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Jaspar Weir, co-founder of TaskUs (www.taskus.com), which powers much of the back office and customer support behind some of the best known startups here in Southern California--not to mention the rest of the world, and for many established companies, too. You can see all of our holiday reflections here.
What's was biggest news from you or your‏ firm this year?

Jaspar Weir: This year we had tremendous growth. We hired 5,326 new employees and opened three new locations. Most exciting is our new San Antonio office which offers domestic support options.

What's the biggest lesson you learned this year?

Jaspar Weir: This isn't something we learned this year, but rather something we think people need to hear this year. AI (AKA artificial intelligence and machine learning) can feel intimidating, largely because people fear AI automation will eliminate jobs for humans. AI is not replacing humans; AI is an add-on support tool that enables workers to address issues more efficiently while freeing up their time to tackle more complex matters.

What's your favorite technology gadget, device, or innovation you ran across this year?

Jaspar Weir: Service is our favorite innovation app (and site) this year. Service solves your customer complaints for you in three easy steps:
1. Tell them what happened....

 
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Wednesday, December 28, 2016

Hulu, Disney Ink Video-On-Demand Deal

Wednesday, December 28, 2016

Santa Monica-based television- and video-streaming service Hulu and Walt Disney Studios said earlier this week that the two are in a subscription, video-on-demand deal which make over 50 popular titles available for streaming on Hulu. The titles include such major titles as Lilo & Stitch, Tarzan, The Princess and the Frog, Pocahantas, and Mulan, along with such titles as Con Air, Gone in 60 Seconds, Pearl Harbor, and The Mighty Ducks. Financial details of the theatrical title deal were not announced. Hulu and Disney already have a deal to stream content from The Disney-ABC Television Group.

 
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Reflections on 2016: Lawrence Ng, OnRamp Fund

Wednesday, December 28, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Lawrence Ng, serial entrepreneur who, last year, founded OnRamp Fund, a $10 million incubator that invests in early stage startups. You can see all of our holiday reflections here.


What's was biggest news from you or your‏ firm this year?

Lawrence Ng: Our biggest news was growing our global incubator, OnRamp. The introduction of KidGuard, new cell phone monitoring software that gives parents the ability to access their child's digital interactions, was a major accomplishment. It solidified our ability to launch new technology using resources both here and abroad. Throughout the year, we've also been growing Simply Bridal's online and “brick and mortar” bridal business. We've learned a lot in the process.

What's the biggest lesson you learned this year?

Lawrence Ng: When you start an incubator, your quickly learn how passion for a new product motivates the team and encourages them to work together regardless of location. We gained so much knowledge about our own capabilities and potential when we began developing KidGuard. Working across global boundaries became incidental to the whole process and our success.

What's your favorite technology gadget, device, or innovation you ran across this year?

Lawrence Ng: My favorite new gadget is the Anova Precision Cooker....

 
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Reflections on 2016: Richard Wolpert, HelloTech

Wednesday, December 28, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Richard Wolpert, the co-founder of HelloTech (www.hellotech.com), an in-home, technology and IT support service. Wolpert is also a longtime angel investor in Southern California's technology industry, helps to run technology accelerator Amplify, and has been involved in countless other startup ventures.

What's was biggest news from you or your‏ firm this year?

Richard Wolpert: For HelloTech it was the acquisition of Geekatoo which converted our business from covering So Cal to full nationwide coverage which lead to deals with Ring, Luma, and AARP. For Amplify it was the raising of our third fund. As an angel it was seeing some amazing progress from some of my portfolio companies such as Scopely, Jukin Media, and MobCrush.

What's the biggest lesson you learned this year?

Richard Wolpert: You cannot time the markets...most of the time. At the end of last year I was prepared for a massive decline in the public stock markets this year and with it, a drying up of funding for startups. I really thought I was right. I was not with two very short term blips. Overall the stock market was strong and has had a good year and far more IPO's got out and were successful than I would have thought....

 
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Report: Snapchat Buys Cimagine Media

Wednesday, December 28, 2016

Venice-based Snap, Inc., the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012.

 
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Tuesday, December 27, 2016

Reflections on 2016: Joe Fernandez, Joymode

Tuesday, December 27, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Joe Fernandez, the co-founder and CEO of Joymode, a startup which is making it easier to rent, not buy, stuff to help create memories. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Joe Fernandez: For the first part of 2016, we purposefully stayed under the radar in private beta. It was exciting in October to tell the world about what we are building and and announce our funding. (Could link to SoCal Tech article here)

What's the biggest lesson you learned this year?

Joe Fernandez: What you gain in experience on your second startup, you lose in the power of not knowing how hard something is going to be.

What's your favorite technology gadget, device, or innovation you ran across this year?

Joe Fernandez: Somehow I made it all the way to 2016 without ever using a cotton candy machine. Obviously I knew cotton candy tasted good, but I didn't realize how cool the machines were until we loaded up on them here at Joymode.

Finally, what do you think will have the biggest impact on the technology industry in 2017?

Joe Fernandez: I don't think anyone can know right now of what the impact of a Trump administration on the tech industry will be... we'll have to wait and see....

 
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Reflections on 2016: Brad Brooks, TigerText

Tuesday, December 27, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Brad Brooks, the co-founder and CEO of TigerText, which provides clinical communication solutions for the healthcare industry, and also co-founder of anonymous social media app Whisper. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?


Brad Brooks: The biggest news from TigerText this year is that we're evolving from what was a pure secure messaging product to a comprehensive clinical communications platform. Our solution has a variety of healthcare-specific features that offer hospitals and health systems a closer look into the best ways to optimize their current communications workflows. TigerText introduced TigerFlow, which comprises a set of healthcare specific features that optimizes existing communication workflows and enhances collaboration among care teams. These features allow members of the care team to look up and message on-call specialists, initiate phone calls to colleagues with a single tap from a message thread, and provide real-time visibility for when messages have been sent, delivered and read. The introduction of TigerFlow is our biggest news since launch.


What's the biggest lesson you learned this year?


Brad Brooks: The biggest lesson I learned this year is our need to become more immersive with respect to healthcare workflows....

 
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Monday, December 26, 2016

Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

Monday, December 26, 2016


This holiday season, we are again sharing the reflections on the year from Southern California's technology community. This contribution is from John Greathouse, a longtime venture capitalist and also a professor at UC Santa Barbara, who was instrumental in Computer Motion's initial public offering and the sale of GoToMeeting to Citrix. John is also very involved in providing advice to young startups and entrepreneurs. You'll be able to see all the many 2016 reflections here as they are posted.


What was the biggest news from you or your firm this year?

John Greathouse: We opened up our practice in San Diego by investing in Zingle and Raken. I am very excited with the prospects of the San Diego market, as it reminds me of Santa Barbara circa 2005.

What is the biggest lesson you learned this year?

John Greathouse: Not a new lesson learned, but I was reminded during the past year of the importance of working with people you trust.

What is your favorite technology gadget, device, or innovation you ran
across this year?

John Greathouse: I am a Luddite when it comes to consumer gadgets! I finally bought noise cancelling headphones (which have been around forever) and I have been blown away by the degree to which they make airplane travel more tolerable....

 
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Reflections on 2016: Greg Cohn, Burner

Monday, December 26, 2016


This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Greg Cohn of Burner (www.burnerapp.com), which develops both a software app to allow you to create temporary "burner" phone numbers, and a new app to auto-respond to aggressive or annoying texters. You can see all of our holiday reflections here.

What's was biggest news from you or your‏ firm this year?

Greg Cohn: Our release of Ghostbot, an amazing app that runs inside of Burner phone numbers and can auto-respond to jerks with witty texts. It's a fantastic demonstration of the potential of "open" phone numbers, which are traditional phone numbers enhanced with first-class consumer applications.

What's the biggest lesson you learned this year?

Greg Cohn: It's not a new lesson this year, but once again this year I had many opportunities to be reminded that people come before all else, in terms of the impact talented and motivated individuals can have on an organization, as well as the importance of hiring, engaging, and creating the right kind of culture for great people.

What's your favorite technology gadget, device, or innovation you ran across this year?

Greg Cohn: In 2016 it became clear to me that self-driving cars are something that's going to happen and that's going to be massively disruptive....

 
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