Friday, July 17, 2020
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Pacific Western Bank, Venture Banking Group
Pacific Western Bank is a commercial bank with over $40 billion in assets and 69 full-service branches primarily located in California, with one in Durham, NC and another in Denver, CO. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses and their capital and private equity investors. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or reach out to Britt Nelson at bnelson@pacwest.com.


NASA Plans Return Trip For SpaceX Dragon On August 2nd
NASA is planning the return trip for the first commercial crew flight on a SpaceX spacecraft to the International Space Station on August 2nd, according to CNBC. The Crew Dragon will return NASA astronauts Bob Behnken and Doug Hurley to earth, the first time astronauts will have traveled to and from the ISS on the Dragon. The launch of Behnken and Hurley into space on May 30th was the first launch of astronauts to space from U.S. soil since the retirement of the Space Shuttle in 2011.
posted on Friday, July 17, 2020(Full story)

Jukin Media Names Essner Co-CEO
Los Angeles-based Jukin Media, the viral- and user-generated content company, has promoted Lee Essner to the post of Co-CEO, the company said late Thursday. Essner--who has been President and Chief Operating Officer at the company since 2013, will share the CEO post with Jukin Media founder Jonathan Skogmo. Jukin said that Essner helped the company grow from a 20-person startup to more than 200 people with offices in LA, New York, London, and New Delhi. The company said Essner will continue to o (More info...)
posted on Friday, July 17, 2020(Full story)

Cornerstone OnDemand Loses CFO
Santa Monica-based Cornerstone OnDemand, which develops software and services used for employee development and training, says that its CFO, Brian Swartz, is leaving the company. According to Cornerstone OnDemand, Swartz is leaving on August 14th to "pursue another opportunity". The company said that, in the meantime, its Chief Accounting Officer, Trish Coughlin, will serve as interim CFO, as the company launches a search for a new CFO. Swartz had been CFO of Cornerstone OnDemand since May of 20 (More info...)
posted on Friday, July 17, 2020(Full story)

Ingram Micro Sets Finalists In $1M Competition
Irvine-based Ingram Micro, a distributor of technology products, is getting close to awarding $1M to a business-to-business (B2B) software startup, saying it has named the finalists in its annual "Comet Competition". The company said it has selected Alsid (Paris, France), apoQlar (Hamburg, Germany) and Balbix (San Jose, California) as the global finalists for its competition, selected from over 4,000 applicants from over 20 countries. Ingram Micro said the three companies will compete for the $1 (More info...)
posted on Friday, July 17, 2020(Full story)

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