*socaltech.com <http://socaltech.com> TechNews - Friday, April 13, 2018* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Make next happen now. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - SpaceX Valuation Now $25 Billion, Says Report <#m_883729035916122878_0074419> - Hyperloop Transportation Technologies Gears Up Research In France <#m_883729035916122878_0074420> - N2Power Wins $1.1M Order <#m_883729035916122878_0074418> - EDF Renewables Expands Brand Internationally <#m_883729035916122878_0074417> - Ring Now Part Of Amazon <#m_883729035916122878_0074415> - KEYPR Boosts Advisory Board <#m_883729035916122878_0074409> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_883729035916122878_ad729> - Neohire South <#m_883729035916122878_ad720> - Square 1 Bank <#m_883729035916122878_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_883729035916122878_ad611> - Stradling <#m_883729035916122878_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_883729035916122878_ad596> *Friday, April 13, 2018* *Equity & Alternative Compensation Structures for Startups - April 17 <https://www.eventbrite.com/e/equity-alternative-compensation-structures-for-startups-with-louis-wharton-at-the-preccelerator-tickets-44575428306>* Equity & Alternative Compensation Structures for Startups with Louis Wharton. Precellerator Program. For a company founder, it is easy to understand the benefits of providing stock or stock options to employees. It’s a way of compensating employees that doesn’t drain cash from the business. Employees will feel invested in the future success of the company. Join us to get insights and wisdom about maximizing opportunities and minimizing mistakes in creating equity compensation. Tuesday, April 17th, 2018 12:00-1:30 PM * LUNCH PROVIDED * SAM Preccelerator 1453 3rd Street Promenade Suite 300 Santa Monica, CA 90401 Register today! https://www.eventbrite.com/e/equity-alternative-compensation-structures-for- startups-with-louis-wharton-at-the-preccelerator-tickets-44575428306 *SpaceX Valuation Now $25 Billion, Says Report* <https://www.socaltech.com/fullstory/0074419.html> Hawthorne-based *SpaceX <http://www.spacex.com>* is now worth around $25 billion, based on the valuation of the company on a new, $507M fundraising round, according to <https://www.bloomberg.com/news/articles/2018-04-12/spacex-s-valuation-climbs-to-25-billion-with-new-funding-round> Bloomberg. The valuation would make SpaceX the third most valuable startup in the United States, behind Uber and Airbnb, according to the report.( More... <https://www.socaltech.com/fullstory/0074419.html>) *Hyperloop Transportation Technologies Gears Up Research In France* <https://www.socaltech.com/fullstory/0074420.html> Playa Vista-based Hyperloop Transportation Technologies--one of several companies looking to develop transportation systems based on Elon Musk's concept of the "Hyperloop"--says it has begun construction on what it says will be a "full-scale" passenger and freight system in Toulouse, France. The company said it plans to implement a closed, 320 meter system this year, and another "full-scale" system of 1km sometime in 2019, as part of its testing. (More... <https://www.socaltech.com/fullstory/0074420.html>) *N2Power Wins $1.1M Order* <https://www.socaltech.com/fullstory/0074418.html> Simi Valley-based *N2 Power <http://www.n2power.com>*, which is a subsidiary of Qualstar Corporation, said Thursday that the company received a new purchase order worth $1.1 million. The company, which develops high efficiency power supplies, said the order came from an existing gaming customer. Name of the customer was not announced.(More... <https://www.socaltech.com/fullstory/0074418.html>) *EDF Renewables Expands Brand Internationally* <https://www.socaltech.com/fullstory/0074417.html> EDF Energies Nouvelles, the parent company of San Diego-based EDF Renewable Energy, said Thursday that it is rebranding all of its international subsidiaries as EDF Renewables. The move covers more thatn 20 international subsidiaries, including EDF Renewable Energy, EDF Renewable Services, EDF EN Canada, EDF EN Mexico and groSolar. (More... <https://www.socaltech.com/fullstory/0074417.html>) *Ring Now Part Of Amazon* <https://www.socaltech.com/fullstory/0074415.html> Santa Monica-based smart doorbell and connected home security products maker Ring is now officially part of Amazon, the two said on Thursday--and also said they are dropping Ring's popular Ring Video Doorbell to only $99.99. Amazon acquired Ring in February, in a deal worth approximately $1 billion. Amazon said that it would continue to operate Ring, Blink, and Amazon Cloud Cam under their respective brands after the acquisition. ( More... <https://www.socaltech.com/fullstory/0074415.html>) *KEYPR Boosts Advisory Board* <https://www.socaltech.com/fullstory/0074409.html> Los Angeles-based KEYPR, the venture-backed startup developing hospitality technology, says that it has added the former CEO of Sony Interactive Entertainment, Andrew House, to its Advisory Board. House worked on the Sony PlayStation 4 and the PlayStation Network. KEYPR is backed by Karlani Capital, plus a number of hospitality industry executives. The company develops a mobile guest app, digital key, in-room tablet, and other hotel management systems. The company is led by Robert Stevenson. (More... <https://www.socaltech.com/fullstory/0074409.html>) *Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <https://www.keyinfo.com/public-cloud/#streamone>* Simplify Cloud Management - Multi-Cloud Command & Control from Key Information Systems A major downfall of a hybrid or multi-cloud environment is the difficulty in monitoring and maintaining numerous instances across several accounts and platforms. Add that to deployment complexity and capacity issues, and your business will struggle to reap the benefits of cloud. A multi-cloud consolidation platform from KeyInfo solves these issues and more! KeyInfo provides top notch multi-cloud services, management capabilities and tailored support. We enable customers to procure cloud services from a single source, allowing for the access and management of a full range of industry-leading IaaS cloud providers including Amazon Web Services, IBM, Microsoft and more. We work with you to meet your cloud strategy needs and enable you to leverage all of the unique capabilities of the platform. To schedule an appointment, visit https://www.keyinfo.com/public-cloud/#streamone *Neohire South <http://www.neohiresouth.com>* Your source for the most sought-after startup jobs. At Neohire South, we take our relationships seriously. We apply years of industry experience to assess and curate our talent pool - connecting only top-notch tech candidates with the most exciting startups in the industry. Whether you’re building your team or searching for a job you love, we want to understand your unique needs and goals to create an incredible fit for your future. http://www.neohiresouth.com *Square 1 Bank <http://www.square1bank.com>* Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets. A full service financial services partner to entrepreneurs and their investors, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Atlanta, Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.square1bank.com, or send an email to rchurch...@square1bank.com. *SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <http://www.socalip.com>* IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. i...@socalip.com 805-230-1350 www.socalip.com *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a href="http://www.sycr.com";>http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <+johnhuttin...@pacificunified.com>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 johnhuttin...@pacificunified.com ------------------------------ *Recent Funding <#m_883729035916122878_funding>* 4/09/18 Flyr <http:///intelligence/?action=showdeal&id=91360> Santa Monica $1.00 M 4/09/18 SPIDR Tech Inc. <http:///intelligence/?action=showdeal&id=91361> Manhattan Beach $2.50 M 4/06/18 Lytx FKA DriveCam <http:///intelligence/?action=showdeal&id=91336> San Diego $700.00 M 4/05/18 PeerStreet <http:///intelligence/?action=showdeal&id=91312> Manhattan Beach $29.50 M 4/03/18 Axonics Modulation Technologies <http:///intelligence/?action=showdeal&id=91166> Irvine $20.10 M 3/30/18 Wondery <http:///intelligence/?action=showdeal&id=90999> Los Angeles $5.00 M 3/28/18 Singlera Genomics <http:///intelligence/?action=showdeal&id=90995> La Jolla $60.00 M 3/27/18 Fastdata.io, Inc. <http:///intelligence/?action=showdeal&id=90994> Santa Monica $5.00 M 3/27/18 Relativity <http:///intelligence/?action=showdeal&id=90980> Los Angeles $35.00 M 3/26/18 Upkeep <http:///intelligence/?action=showdeal&id=90968> Los Angeles $10.00 M 3/23/18 ServiceTitan <http:///intelligence/?action=showdeal&id=90870> Glendale $62.00 M 3/23/18 BioIQ AKA Jentryx <http:///intelligence/?action=showdeal&id=90871> Santa Barbara $26.50 M 3/22/18 Pairwise Plants <http:///intelligence/?action=showdeal&id=90856> San Diego $25.00 M 3/21/18 PestRoutes <http:///intelligence/?action=showdeal&id=90853> Mckinney $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 14, Culver City -- *Pitch Genius Workshops: Learn What Investors Want* Pitch Genius Workshops: Learn What Investors Want. The purpose of this workshop is to educate you about investors, fundraising, and how to make a successful pitch. We're going deep into the investors mind to really understand how they analyze startups for investment. Through a slide-by-slide explanation of an investor pitch deck, learn what turns investors on, what turns them off, and what investors absolutely abhor when founders are pitching them. The best part is, we've invited an early-stage investor to join the workshop so they can tell you their perspective first-hand. Here's your chance to sit down with a real LA based investor, in an intimate setting, and LEARN. See http://www.socaltech.com/calendar/eventid/26052 April 14, Pasadena -- *Caltech Entrepreneurs Forum - Equity Funding* Caltech Entrepreneurs Forum - Equity Funding. How Disruptive Companies are Getting Funded in Los Angeles. Southern California is emerging as one of the hottest venture ecosystems in the country. This program will examine the current state of startup development in Los Angeles, as well as the specific ingredients necessary to plan and execute a successful funding strategy for your startup. Our program will open with Andy Wilson’s keynote presentation, Silicon Valley South: How Southern California Could Become the Next Great Tech Ecosystem, commissioned by the Alliance for Southern California Innovation.. See http://www.socaltech.com/calendar/eventid/26059 April 17, Santa Monica -- *Equity & Alternative Compensation Structures for Startups with Louis Wharton at the Preccelerator* Equity & Alternative Compensation Structures for Startups. Precellerator Program. For a company founder, it is easy to understand the benefits of providing stock or stock options to employees. It’s a way of compensating employees that doesn’t drain cash from the business. Employees will feel invested in the future success of the company. Join us to get insights and wisdom about maximizing oppourtnities and minimizing mistakes in creating equity compensation. See http://www.socaltech.com/calendar/eventid/26065 April 19, Santa Monica -- *Advancement of Women in STEM* WITI: Advancement of Women in STEM. In an era when women are more and more prominent in fields such as business, law, and medicine - why are there so few women pursuing career in Information Technology, Engineering and Science? Our panelists for our upcoming event "Advancement in STEM" are phenomenal women who are making significant contributions to technical communities that improve and impact our society through education, entertainment, and engineering. See http://www.socaltech.com/calendar/eventid/26029 April 19, Glendale -- *HR101: Hiring, Onboarding, and Paying Employees* HR101: Hiring, Onboarding, and Paying Employees. SCORE. The SCORE/Paychex seminar, HR101: Hiring, Onboarding, and Paying Employees, helps entrepreneurs select and develop productive and engaged employees. See http://www.socaltech.com/calendar/eventid/26049 April 20, Santa Monica -- *StartEngine ICO 2.0 Spring Summit* StartEngine ICO 2.0 Spring Summit. The ICO marketplace has continued to grow exponentially; over $1.2B has already been raised in 2018; well on the way of passing the 2017 benchmark of $3.2B! The StartEngine ICO 2.0 Spring Summit will bring together hundreds of devoted cryptocurrency and blockchain investors, companies and influential keynote speakers to discuss a myriad of topics. See http://www.socaltech.com/calendar/eventid/26025 April 24, Irvine -- *Gemalto KeySecure Certification course* Gemalto KeySecure Certification course. See http://www.socaltech.com/calendar/eventid/26053 April 25, Thousand Oaks -- *IEEE Buenaventura EMBS Talk on Vivonetics: Progressing Clinical Research with Wearable Technology* IEEE Buenaventura EMBS Talk on Vivonetics. Wearable sensors have become ubiquitous in the world of fitness tracking and quantified self, but data from these devices is limited to basic analysis. Vivonoetics, with our software platform VivoSense, enables continuous data to be analyzed with accuracy and repeatability. VivoSense is a sensor agnostic software that combines multiple sensor data onto one analysis platform. Sensor data can be synced together, making data collection possibilities for academic and clinical research boundless. This presentation will give an overview of the VivoSense software, how it meets the needs of a universal physiological data analysis program and its built in algorithms that provide quality physiological end points for research. See http://www.socaltech.com/calendar/eventid/26067 April 26, Los Angeles -- *Growth Capital Conference* Network with capital sources: Angels,VCs,High Net Worths,advisors and 100 entrepreneurs seeking capital & counsel. See http://www.socaltech.com/calendar/eventid/26034 April 28, Irvine -- *Tech Coast Angels: EXTREME Coaching* Tech Coast Angels: EXTREME Coaching. Perfect your 60-second pitch with valuable coaching from Tech Coast Angels investors and startup experts. Participate in friendly competition and win bragging rights and special TCA recognition with plaques and digital website badges awarded to category favorites and participants. Incredible networking and exposure to media and active investors of Orange County. Attend one or both of the coaching days and perform your 60-second pitch in front of Teach Coast Angels investors, receiving valuable feedback and coaching on how to enhance and perfect your pitch. Observe as other entrepreneurs try their luck at the elevator pitch, and learn as the coaches offer their suggestions for the most impactful strategies for influence and communication.. See http://www.socaltech.com/calendar/eventid/26001 April 29, Irvine -- *Tech Coast Angels: EXTREME Coaching* Tech Coast Angels: EXTREME Coaching. Perfect your 60-second pitch with valuable coaching from Tech Coast Angels investors and startup experts. Participate in friendly competition and win bragging rights and special TCA recognition with plaques and digital website badges awarded to category favorites and participants. Incredible networking and exposure to media and active investors of Orange County. Attend one or both of the coaching days and perform your 60-second pitch in front of Teach Coast Angels investors, receiving valuable feedback and coaching on how to enhance and perfect your pitch. Observe as other entrepreneurs try their luck at the elevator pitch, and learn as the coaches offer their suggestions for the most impactful strategies for influence and communication.. See http://www.socaltech.com/calendar/eventid/26002 April 30, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26046 May 1, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26047 May 2, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26048 May 5, Encino -- *First Time Entrepreneur Workshop* First Time Entrepreneur Workshop. LAVA. Workshop for entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. During our five hour program, you will learn how to: Determine the value of your company Put together a capitalization table Understand how VCs screen potential investments Understand the differences between trademarks, copyrights and patents and when you need them Choose co-founders Network at startup events — the right way. See http://www.socaltech.com/calendar/eventid/26058 May 7, San Diego -- *Technology Services World (TSW) 2018* Technology Services World (TSW) 2018. TSW is an unrivaled source of peer learning, networking, and idea sharing. Learn how technology companies are leveraging the expertise of both their Sales and Service teams to land, retain, and grow customers. See http://www.socaltech.com/calendar/eventid/26035 May 11, San Diego -- *SANS Cyber Security Training in San Diego, California* SANS Cyber Security Training in San Diego, California. SANS' information security training goes beyond theory, incorporating real-world examples and practical techniques you can apply directly to your work. See http://www.socaltech.com/calendar/eventid/26051 ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs CFO or VP Finance <http:///showjob.php?id=5698> withheld Product Engineer I <http:///showjob.php?id=5697> Aerovironment Head of CRM Marketing <http:///showjob.php?id=5696> Thrive Market Accounts Payable Specialist <http:///showjob.php?id=5695> Snap Inc. Hardware Development Manager <http:///showjob.php?id=5694> SpaceX Cloud Management Architect <http:///showjob.php?id=5693> Withheld Engineering Mgr, Electrical Hardware. Aerospace. Valencia <http:///showjob.php?id=5691> withheld Sr. DevOps Engineer near Hollywood, CA at Awesome Startup <http:///showjob.php?id=5690> ZestFinance Director, Product Management, Video <http:///showjob.php?id=5689> OpenX Vice President, Investor Relations <http:///showjob.php?id=5688> Rubicon Project Senior Accountant, Technical Accounting <http:///showjob.php?id=5687> Snap Inc. Development Test Engineer <http:///showjob.php?id=5686> SpaceX Quality Assurance Engineer <http:///showjob.php?id=5685> Leaf Group Associate Recruiter <http:///showjob.php?id=5684> Safire Partners Senior Product Development Manager <http:///showjob.php?id=5680> Belkin ------------------------------ ------------------------------ *Sponsored By * TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Make next happen now. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses Email b...@socaltech.com for more information about sponsoring this newsletter. ------------------------------ You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/ mailman/listinfo/socaltech or email us at customerserv...@socaltech.com ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2017 SOCALTECH LLC. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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