socaltech.com TechNews - Monday, October 6, 2014 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://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). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Fetch Recruiting, Inc. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------------------------------------------------ --MaxLinear Buys Physpeed --Alteryx Raises $60M --Bluebeam Software Acquired For $100M --Yahoo Planning Big Investment In Snapchat, Says Report --Dr. Patrick Soon-Shiong Launches New Molecular Medicine Effort --Newegg Expands In The Midwest MARKETPLACE --Safire Partners Executive Search -- Key Information Systems Announces Key Cloud --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Stradling RECENT JOB POSTINGS --CDN Expert Consultant, Santa Monica, RampRate --QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- Get the latest Q2 2014 PwC SoCal MoneyTree Report NEW Q2 2014 Results! Are you interested in understanding the latest trends in venture capital investments in Southern California? Want to know how the region did in terms of venture capital? PwC has just posted the results of the Q2 2014 Southern California venture deals, in its Shaking The MoneyTree presentation and update from HJ Paik, Director, Emerging Company Services Download it today for free! http://www.socaltech.com/pwc/PwC%20Shaking%20the%20MoneyTree%20Q2%202014.pdf http://www.socaltech.com/pwc --------------------------------------------------------------------------- MaxLinear Buys Physpeed ---- Carlsbad-based radio frequency semiconductor developer MaxLinear said this morning that it is acquiring Camarillo-based Physpeed, a developer of high speed, physical layer interconnect products. MaxLinear said it expects to pay approximately $11.0M in cash, plus up to $750,000 in earn out for Physpeed. Physpeed's products including optical physical medium devices (PMDs) and clock data recovery (CDR) devices for 10Gbps to 1000Gbps speeds. Alteryx Raises $60M ---- Irvine-based Alteryx, a developer of data analytics software, said this morning that it has raised $60M in a new investment round. THe funding said the round was led by Insight Venture Partners, and also included SAP Ventures and Toba Capital. Alteryx is led by Dean Stoecker, and provides its software to the enterprise and mid market. Alteryx said it will use the funding to expand its go to market efforts. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=60352 Bluebeam Software Acquired For $100M ---- Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG, the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. Bluebeam Software was led by Richard Lee. Nemetschek said the deal will help it reinforce its market presence in North America, and will expand Bluebeam's access to European and Asian markets. The companies said that Bluebeam will continue with its current management team, operating as an independent brand company. Bluebeam was a spun out of Alliance Spacesystems, and has received investments from both the Pasadena Angels and Tech Coast Angels. Yahoo Planning Big Investment In Snapchat, Says Report ---- Yahoo is planning a big investment in Venice-based Snapchat, in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. Neither company has confirmed any details of the deal. http://www.socaltech.com/yahoo_planning_big_investment_in_snapchat/s-0057248.html Dr. Patrick Soon-Shiong Launches New Molecular Medicine Effort ---- Billionaire Dr. Patrick Soon-Shiong said late last week that he has launched a new, nonprofit effort focused on genomic research aimed at pediatric diseases. According to Soon-Shiong, he will soon launch the Chan Soon-Shiong Institute of Molecular Medicine (CSSIOMM), a new effort which will use personalized genomic and proteomic medicine to help enhance care for all patients, with an initial focus on pediatrics. The new nonprofit will partner with the Phoenix Children's Hospital on a new, Chan Soon-Shiong Children's Precision Medicine Institute. Soon-Shiong has dozens of different ventures in the life sciences area, all run out of NantWorks. Newegg Expands In The Midwest ---- Los Angeles-based online electronics and technology retailer NewEgg said Friday that it has opened up a new warehouse and shipping facility in Indianapolis, as part of an effort to better serve the Midwestern U.S. NewEgg said the new warehouse is nearly a half million square feet, and will initially handle more than 5,000 products and 3,000 orders per day. NewEgg said that--as it puts more of the facility into operation--it expect it will be able to process more than 12,000 orders every day out of the facility. The company said it expects the new location to help improve delivery times to customers in llinois, Iowa, Kentucky, Michigan, Minnesota, North Dakota, South Dakota, Ohio, Wisconsin and West Virginia. -------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners has completed 300+ retained executive searches since 2006 working with emerging businesses in Southern California. Please visit our website to see an updated list of our clients and searches completed at http://www.safirepartners.com/. We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at [email protected]. ------------------------------ADVERTISEMENT------------------------------- Key Information Systems Announces Key Cloud Key Information Systems, a leading IT systems integrator and Premier IBM Business Partner based in Agoura Hills, CA, announced the availability of Key Cloud for users of cloud computing services. Key's new cloud services are offered in conjunction with colocation, managed services and Internet connectivity offerings. To learn more about the Key Cloud, visit the Key Info website or contact Pete Elliot at Key Information Systems, Inc., 30077 Agoura Court, First Floor, Agoura Hills, CA 91301, USA, email [email protected] or call 1.818.737.2804. http://www.keyinfo.com ------------------------------ADVERTISEMENT------------------------------- Early Stage Commercial Insurance - Pacific Unified Insurance Agency 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 [email protected] ------------------------------ADVERTISEMENT------------------------------- Early Stage Commercial Insurance - Pacific Unified Insurance Agency 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 [email protected] ------------------------------ADVERTISEMENT------------------------------- Stradling Stradling, Attorneys At Law (http://www.sycr.com) ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free CDN Expert Consultant, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5592 QA Automation Manager, Los Angeles, Fetch Recruiting, Inc. http://www.socaltech.com/showjob.php?id=5591 VP of Business Development, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5590 Executive Assistant to the CEO, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5589 Chief of Staff & Controller, Santa Monica, RampRate http://www.socaltech.com/showjob.php?id=5588 Business Development Director, Los Angeles, Colony Logic http://www.socaltech.com/showjob.php?id=5587 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 10/06/14 Alteryx $60.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60352 10/02/14 Nant Health $320.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60348 10/01/14 Rowl $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60219 09/30/14 Remind $40.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60128 09/29/14 Squawkin $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=60125 09/29/14 Dollar Shave Club $50.0M http://www.socaltech.com/intelligence/?action=showdeal&id=60068 09/24/14 InstaMed $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59962 09/24/14 NexSteppe $22.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59966 09/23/14 Ivantis, Inc. $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59892 09/22/14 KIN $12.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59889 09/22/14 Club W $9.5M http://www.socaltech.com/intelligence/?action=showdeal&id=59888 09/22/14 CurbStand $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59886 09/18/14 Gem $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59882 09/18/14 Docupace $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59772 09/18/14 Rio SEO $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59771 09/18/14 BeautyCon $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59770 09/16/14 3D Robotics $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59697 09/16/14 Workpop $7.9M http://www.socaltech.com/intelligence/?action=showdeal&id=59693 09/12/14 AssetAvenue $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59688 09/10/14 Colorescience $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59883 09/10/14 Avelas Biosciences $7.4M http://www.socaltech.com/intelligence/?action=showdeal&id=59684 09/10/14 Telogis, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=59573 09/09/14 HomeUnion $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=59519 --------------------------------------------------------------------------- Upcoming Events This Month http://www.socaltech.com/Calendar socaltech.com Calendar of Southern California High Tech Events Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 7, Los Angeles -- Los Angeles VC & Angel Roundtable. FundingPost. Interested in meeting early-stage Angel Investors and Venture Capitalists in Los Angeles? Join our upcoming FundingPost Event. It sells out fast as we host a panel, speakers, sponsors, pitching session and then networking directly with Venture Capital Firms and Angel Investors. Get advice and answers face to face that day which is usually near impossible otherwise. See http://www.socaltech.com/calendar/eventid/24323 October 8, Los Angeles -- LAEDC Forecast. Changing Face of Education: From Industrial to Innovation. LAEDC. Speakers: Robert A. Kleinhenz, Ph.D. - Chief Economist, Kyser Center for Economic Research at LAEDC; Timothy White, Ph.D. - Chancellor, California State University System; Moderated by Frank Mottek, KNX1070. See http://www.socaltech.com/calendar/eventid/24232 October 8, Los Angeles -- LAEDC 2015 Economic Forecast Event – Introducing A Long-Term Look At Our Economy. LAEDC’s twice-yearly economic forecast events provide insight and planning information to our members, partners, LA County leaders, and the general public. On October 8th, LAEDC shifts its format for the event to include a five-year planning horizon for the forecast, to preview which industries will grow the fastest, which occupations and related job training will be most in-demand, and we will look at various aspects of innovation in our economy to predict transformations in our business community, labor force requirements, and elsewhere in the economy. With the help of our guests such as Cal State University Chancellor Timothy White, we will discuss the drivers in the economy, such as the changing requirements for an educated workforce, so that attendees can keep their organizations savvy, relevant, and positioned for success in our global market. See http://www.socaltech.com/calendar/eventid/24312 October 9, Los Angeles -- TechOut LA . TechOut LA is an interactive tech education conference featuring high-impact keynotes, amazing networking, giveaways and the latest in interactive tech. See http://www.socaltech.com/calendar/eventid/24297 October 9, Westlake Village -- ACG 101 Deals of the Year Banquet.Honoring Those Leading Business Growth on the 101 Corridor. Merger/Acquisition (M&A) Deal of the Year Nominees: Line 6, Sexy Hair, Account Control, Technology Holdings; Dealmaker of the Year Nominees: Intrepid Investment Bankers, The Riverside Company, Ares Management; Women Owned / Women in Corporate Growth Business of the Year Nominees: Trixy Weiss of Genesis Auctions, Leslie King of King Nutronics, Alison Bauerfein of Inogen; Most Innovative Company of the Year Nominees: Resonant, Inc., Lynda.com, Xirgo Technologies. See http://www.socaltech.com/calendar/eventid/24315 October 9, Thousand Oaks -- Ocean Health to Lunar Landings: How to compete for a Multi-Million Dollar XPrize. CleanTechnologyCouncil.org Workshop - How to build your company without Angel or VC money. Co-founders Mike Outmesguine, CEO and Alan DeRossett, CTO of VoXearch.com will tell you how they gained support of Fortune 1000 sponsors and became contenders for the multi-million dollar XPrize. The team’s first XPRIZE challenge was to develop the world's first Medical Tricorder, based on the science-fiction device. They moved on to the Ocean Health XPRIZE using their experience with sensor technology. Don't miss this Special Event. See http://www.socaltech.com/calendar/eventid/24300 October 10, San Diego -- Contextual Robotics Technologies Forum at UC San Diego. Meet world leaders developing ubiquitous consumer robotics for the benefit of society. Connect with San Diego's robotics community. Learn about UC San Diego's plans for robotics. Keynote speakers include: Chris Anderson of 3D Robotics, Matt Grob of Qualcomm Technologies and Dean Kamen of DEKA R&D.. See http://www.socaltech.com/calendar/eventid/24306 October 15, Fullerton -- TriTech SBDC Presents... SBIR/STTR Workshops. This half-day workshop provides basic information about the federal SBIR and STTR programs. Topics will include: benefits and limitations of SBIR/STTR funding and steps to prepare for the writing and submission processe. See http://www.socaltech.com/calendar/eventid/23839 October 15, Century City -- FoundationDB: Scaling a Conflict Detection Algorithm to Large Database Clusters. In this talk, a FoundationDB engineer will discuss the challenges of scaling a conflict detection algorithm to large database clusters. They'll discuss the limitations of FoundationDB's current single-threaded algorithm, the various approaches considered to scale the write throughput of the system, and the machine-parallel algorithm that was ultimately selected. See http://www.socaltech.com/calendar/eventid/24308 October 20, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24226 October 20, Los Angeles -- LA STARTUP WEEK. A a celebration of the LA startup community: free events all week, organized by the community. See http://www.socaltech.com/calendar/eventid/24316 October 21, Newport Beach -- Orange County Investor Roundtable. FundingPost. Interested in meeting early-stage accredited investors in Orange County? Then register for the FundingPost Investor RoundTable. FundingPost has hosted 300+ sold-out venture events in 23 cities over the past 13 years. At our OC Angel Investor Roundtable, the panel of investors will focus on pitching to early-stage investors, and what it really takes to get them to write you a check! We will be discussing the things that are most important to them when they are considering an Investment, the best and worst things an entrepreneur can do to get their attention during a pitch, and, of course, the best ways to reach these and other Investors. See http://www.socaltech.com/calendar/eventid/24324 October 21, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24227 October 21, Los Angeles -- LA STARTUP WEEK. A a celebration of the LA startup community: free events all week, organized by the community. See http://www.socaltech.com/calendar/eventid/24317 October 22, Long Beach -- The IT Summit Los Angeles. The IT Summit is the executive technology conference series returning to Los Angeles for our eighth annual event on October 22, 2014. The purpose of the summit is to provide educational and networking resources for the IT leaders in Southern California. The conference is driven by an Executive Board of regional IT professionals that directs the content of the conference. The IT Summit is designed to address the real-world opportunities and challenges faced by today's executives. See http://www.socaltech.com/calendar/eventid/24125 October 22, Riverside -- TriTech SBDC Presents... SBIR/STTR Workshops. This half-day workshop will help you organize a competitive NIH SBIR or STTR proposal. Topics will include: assessing your proposal ideas, planning the project phases, and steps to make the writing process more efficien. See http://www.socaltech.com/calendar/eventid/23840 October 22, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24228 October 22, Los Angeles -- LA STARTUP WEEK. A a celebration of the LA startup community: free events all week, organized by the community. See http://www.socaltech.com/calendar/eventid/24318 October 23, Hollywood -- SMPTE 2014 Annual Technical Conference and Exhibition. SMPTE 2014 is THE premier annual event for motion imaging and media technology, production, operations and the allied arts and sciences. JOIN US and network with the elite and world-renowned technology thought-leaders from motion picture studios, broadcast and distribution networks, production and post-production community, software companies, systems integrators, manufacturers, display technologies, distribution providers, over-the-top providers and others leading the evolving motion imaging industry. See http://www.socaltech.com/calendar/eventid/24229 October 23, Los Angeles -- LA STARTUP WEEK. A a celebration of the LA startup community: free events all week, organized by the community. See http://www.socaltech.com/calendar/eventid/24319 October 24, Camarillo -- Unmanned Aerial Vehicle Symposium @CSUCI. The Channel Islands Chapter of AUVSI will be holding a half day "Micro" Symposium.The event will include panel sessions on unmanned vehicle applications in environmental, agricultural and tri- county business opportunities. This will be followed by a key note speech from Assemblyman Jeff Gorell on his Gold Team California initiative. Students will present robotic displays and the event will close with a social hour. Email [email protected]. See http://www.socaltech.com/calendar/eventid/24271 October 24, Los Angeles -- LA STARTUP WEEK. A a celebration of the LA startup community: free events all week, organized by the community. See http://www.socaltech.com/calendar/eventid/24320 October 25, Los Angeles -- STEAM Carnival – Los Angeles. A modern take on the traveling circus, STEAM Carnival is an entertainment showcase using high-tech amusement and project-based kits to inspire kids of all ages about science, technology, engineering, art and math. Attractions include a midway loaded with challenging games, interactive experiences, hands-on workshops, contests, prizes and artisanal carnival food. STEAM Carnival leverages kids’ passions for music, fashion, and games to expose them to STEAM disciplines. Select student participants will have the opportunity to display projects through a variety of exhibitions including a wearable electronics fashion show and a junior arcade. See http://www.socaltech.com/calendar/eventid/24289 October 26, Los Angeles -- STEAM Carnival – Los Angeles. A modern take on the traveling circus, STEAM Carnival is an entertainment showcase using high-tech amusement and project-based kits to inspire kids of all ages about science, technology, engineering, art and math. Attractions include a midway loaded with challenging games, interactive experiences, hands-on workshops, contests, prizes and artisanal carnival food. STEAM Carnival leverages kids’ passions for music, fashion, and games to expose them to STEAM disciplines. Select student participants will have the opportunity to display projects through a variety of exhibitions including a wearable electronics fashion show and a junior arcade. See http://www.socaltech.com/calendar/eventid/24290 October 30, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. See http://www.socaltech.com/calendar/eventid/24262 October 30, Los Angeles -- The Israel Conference is a business conference that brings together leading technology innovators and investors in High Tech / Media and Entertainment / Advertising / Mobile / Content / Gaming / Clean Tech / Medical Tech / Consumer Products coming out of Israel that are market-making and in demand. See http://www.socaltech.com/calendar/eventid/24253 ----------------------------------------------------------------------- Sponsored by: TVC Capital LLC (www.tvccapital.com) Investments in and Acquisitions of Growing Software Companies Silicon Valley Bank (http://www.svb.com). Helping entrepreneurs succeed. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Fetch Recruiting, Inc. (www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud PricewaterhouseCoopers (http://www.socaltech.com/pwc). Email [email protected] 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://www.socaltech.com/unsubscribe.php or email us at [email protected] ------------------------------------------------------------------------ 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) 2014 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 _______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
