socaltech.com TechNews - Thursday, March 12, 2015 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
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We Create Demand for California's Technology Companies. ------------------------------------------------------------------------ --Lyft Lands $530M To Battle Uber --StarMaker Raises $6.5M From LA, Other Investors --Katch Launches New Product --Zadara Expands In Europe --Amgen Cuts 300 In San Francisco --Snapchat Aims At Live Sports Broadcasting --Prevoty Picks Up $8M For Secure Application Software --Cinq Music Finds Funding MARKETPLACE --Deloitte --Safire Partners Executive Search -- Key Information Systems --TechCXO - Los Angeles --SoCal IP Law Group LLP - Serving the IP Needs of Business RECENT JOB POSTINGS --Senior Software Engineer, Santa Monica, MD Insider --Director of Healthcare Analytics , Santa Monica , MD Insider --Software Development Engineer, Santa Monica, Vision Technology Solutions --Director, Network and IT Operations, marina del rey, TeleSign --Senior DevOps Engineer, Marina del Rey, TeleSign --Lead Data Engineer, Santa Monica, MD Insider RECENT FUNDING EVENTS --------------------------------------------------------------------------- Lyft Lands $530M To Battle Uber ---- There's been a major, market battle in Los Angeles over the last few years, between on-demand ride services such as Lyft and Uber, not to mention local taxi and transportation companies. One of the players in the battle--Lyft--has just raised $550M more, from Japanese e-commerce company Rakuten. Rakuten said it agreed to purchase and 11.9 percent stake in Lyft, investing $300M in the company as part of a larger, $530M Series E funding for Lyft. The funding follows a bigger, $1.2 billion fundraising round for competitor Uber in December. LA has been a major, competitive market for both Uber and Lyft, as well as Sidecar, Flywheel, TaxiMagic, and Opoli, all of whom have targeted the LA metro area as a key battleground over the on-demand transportation market. http://www.socaltech.com/intelligence/?action=showdeal&id=62989 StarMaker Raises $6.5M From LA, Other Investors ---- StarMaker, a startup which provides tools to help musical talent create professional videos, earn money, and help build their following, said yesterday that it has raised $5.5M in a Series B funding round. The company, which has offices in LA but is based in San Francisco, said the round was led by Raine Ventures, and also included Crosscut Ventures, Three Bridges Ventures, Qualcomm Ventures, iGlobe Partners, GREE International, plus local LA angels Allen DeBevoise of Machinima and Joe Perez of Tastemade. StarMaker has a mobile app which helps YouTubers film and share music videos, and also has partnerships with "American Idol" and "The Voice" around singing contests to find possible talent through social channels. http://www.socaltech.com/intelligence/?action=showdeal&id=62264 Katch Launches New Product ---- Los Angeles-based Katch, the advertising technology developer headed by Patrick Quigley, said Wednesday that it has launched a new software platform, aimed at helping brands monetize all of their website visitors. (More...) http://www.socaltech.com/katch_launches_new_product/s-0059342.html Zadara Expands In Europe ---- Irvine-based storage-as-a-service provider Zadara Storage, which is led by storage veteran Nelson Nahum, said yesterday that it expanded in Europe, with TelecityGroup's Cloud-IX service. Zadara said its enterprise, storage-as-a-service is now available in Telecity's 39 European data center facilities (More...) http://www.socaltech.com/zadara_expands_in_europe/s-0059343.html Amgen Cuts 300 In San Francisco ---- Thousand Oaks-based biotech Amgen is cutting 300 jobs in San Francisco, as part of a shutdown of the South San Francisco operations of subsidiary Onyx Pharmaceuticals, according to a memo leaked from the company on Tuesday. http://www.socaltech.com/amgen_cuts_3__in_san_francisco/s-0059339.html Snapchat Aims At Live Sports Broadcasting ---- Think Snapchat is only for swapping disappearing messages? The startup--which already has been trying to stake a claim in the news discovery business--now is also apparently trying to get into the live sports broadcasting area. (More...) http://www.socaltech.com/snapchat_aims_at_live_sports_broadcasting/s-0059338.html Prevoty Picks Up $8M For Secure Application Software ---- Los Angeles-based Prevoty, a develops of software toolsets used to provide runtime protection of applications, has raised $8M in a Series A funding round, the company said yesterday. The funding was led by US Venture Partners, and also included Plus Capital, Double M Capital, Core Ventures Group, Inventures Group, Daher Capital, Digi Venture Fund and Karlin Ventures. Prevoty i led by Julien Bellanger. Prevoty's software development kits (SDKs) and technology helps application developers build in their own, self-monitoring tools, which can be used to prevent intrusion and malicious attacks. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=62985 Cinq Music Finds Funding ---- Santa Monica-based Cinq Music, which helps music companies distribute their music digitally, through mobile, and physical channels, has raised a round of funding, according to GoDigital Media Group, the investor in the company. Size of the funding was not disclosed. GoDigital said that Cinq Music will use the funding to finance catalog acquisition, for advances to artists, and accelerate development of its cloud-based technology. Cinq Music is led by Barry Daffurn. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=62984 --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Deloitte In the United States, Deloitte LLP and its subsidiaries have 65,000 professionals with a single focus: Serving our clients and helping them solve their toughest problems. Ranking among the nation’s leading professional services firms in audit, tax, consulting, and financial advisory services across more than 20 industries, Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. To learn more about Deloitte's capabilities, please visit Deloitte.com or contact Kris Kaufmann, Partner at [email protected]. ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners has completed 500+ 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 Key Information Systems, Inc. (KeyInfo) is a leading regional systems integrator, with world-class compute, storage and networking solutions and professional services for the most advanced software-defined data centers. These competencies are tightly complimented by a full suite of data center capabilities including private and hybrid cloud offerings, connectivity services, colocation facilities and managed services. To learn more about Key Information Systems, Inc. or KeyCloud, visit KeyInfo.com or contact Chris Ticknor 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------------------------------- TechCXO - Los Angeles TechCXO is a professional services firm that provides experienced, C-Suite professionals to deliver strategic and functional consulting services for technology companies. We answer your critical issues around obtaining capital, increasing revenue, entering new markets and improving margins. TechCXO partners combine practical experience, comprehensive resources and best practices to deliver objective, high-value results. For TechCXO Los Angeles, please contact: Tim Noonan Managing Partner, LA Region TechCXO (805)290-3720 [email protected] ------------------------------ADVERTISEMENT------------------------------- SoCal IP Law Group LLP - Serving the IP Needs of Business IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.com ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Senior Software Engineer, Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5616 Director of Healthcare Analytics , Santa Monica , MD Insider http://www.socaltech.com/showjob.php?id=5617 Software Development Engineer, Santa Monica, Vision Technology Solutions, LLC http://www.socaltech.com/showjob.php?id=5620 Director, Network and IT Operations, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5619 Senior DevOps Engineer, Marina del Rey, TeleSign http://www.socaltech.com/showjob.php?id=5618 Lead Data Engineer, Santa Monica, MD Insider http://www.socaltech.com/showjob.php?id=5615 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 03/11/15 Prevoty $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62985 03/11/15 Cinq Music $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62984 03/10/15 Independa $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62880 03/04/15 YouMail $5.5M http://www.socaltech.com/intelligence/?action=showdeal&id=62652 03/02/15 Rocket Labs $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62511 03/02/15 PSI Services $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62510 02/26/15 3D Robotics $50.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62507 02/26/15 Twenty20 FKA InstaCanvas $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62503 02/25/15 Mavenlink, Inc. $19.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62388 02/23/15 Machinima.com $24.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62382 02/19/15 17Hats $1.3M http://www.socaltech.com/intelligence/?action=showdeal&id=62298 02/18/15 Firefly Games $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62291 02/17/15 Tealium Inc. $30.7M http://www.socaltech.com/intelligence/?action=showdeal&id=62290 02/17/15 Laguna Pharmaceuticals $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=62288 --------------------------------------------------------------------------- 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 March 12, Los Angeles -- Climate Resolve and Environmental Defense Fund host the California Methane Symposium. At this symposium, climate change and methane experts from leading academic and research institutions will discuss the science behind methane as a major climate change agent and announce newly funded research. Scientists and government representatives will detail what is both known and unknown about concentrations and sources of methane in California, such as landfill emissions, oil extraction and refinement and aging gas transmission infrastructure. Deaton Auditorium, LAPD Headquarters, Los Angeles, 1:30 – 4:30 PM (courtesy of Green LAVA). For more information see "http://www.eventbrite.com/e/california-methane-symposium-tickets-15674326332?aff=es2&rank=37";. See http://www.socaltech.com/calendar/eventid/24576 March 12, Santa monica -- LAVA Annual Venture Awards Dinner. LAVA 12th Annual Venture Awards Dinner Celebrating 30 years of service to the Los Angeles Entrepreneurial Community. Featuring Frank Mottek, KNX1070 Business Hour Host as Master of Ceremonies. 2015 Hall of Fame Honoree - CHUCK DAVIS OF TCV AND SWAGBUCKS. See http://www.socaltech.com/calendar/eventid/24550 March 12, Winterhaven -- The 8th Annual Imperial Valley Renewable Energy Summit will focus on the ever changing and expanding opportunities for development in the region where the full spectrum of renewable energy production continues to thrive. Imperial Valley currently exports over 500 megawatts of renewable energy to surrounding communities. With the addition of new renewable energy projects that are under development and upon completion would produce up to 2,500 MW of renewable energy. Imperial Valley is poised to be a major contributor in helping California achieve its renewable energy portfolio standards of 33% renewable energy by 2020. Quechan Resort, Winterhaven, CA (courtesy of Green LAVA). For more information see http://ivres.ivedc.com/2015-summit/schedule/.. See http://www.socaltech.com/calendar/eventid/24574 March 12, UC San Diego -- the Green Revolution 2.0 — will examine Food and Fuel for the 21st Century: stress tolerant food crops to feed our growing populations and advanced biofuels to power our continued economic growth. This symposium will feature top researchers from around the world presenting the latest research in genetics, synthetic biology, bioinformatics, economics, and bio-manufacturing of algae and plant-based biomass. Atkinson Hall, UC San Diego (courtesy of Green LAVA). For more information see "https://www.regonline.com/builder/site/Default.aspx?EventID=1634051";.. See http://www.socaltech.com/calendar/eventid/24577 March 13, Winterhaven -- The 8th Annual Imperial Valley Renewable Energy Summit will focus on the ever changing and expanding opportunities for development in the region where the full spectrum of renewable energy production continues to thrive. Imperial Valley currently exports over 500 megawatts of renewable energy to surrounding communities. With the addition of new renewable energy projects that are under development and upon completion would produce up to 2,500 MW of renewable energy. Imperial Valley is poised to be a major contributor in helping California achieve its renewable energy portfolio standards of 33% renewable energy by 2020. Quechan Resort, Winterhaven, CA (courtesy of Green LAVA). For more information see http://ivres.ivedc.com/2015-summit/schedule/.. See http://www.socaltech.com/calendar/eventid/24575 March 13, UC San Diego -- the Green Revolution 2.0 — will examine Food and Fuel for the 21st Century: stress tolerant food crops to feed our growing populations and advanced biofuels to power our continued economic growth. This symposium will feature top researchers from around the world presenting the latest research in genetics, synthetic biology, bioinformatics, economics, and bio-manufacturing of algae and plant-based biomass. Atkinson Hall, UC San Diego (courtesy of Green LAVA). For more information see "https://www.regonline.com/builder/site/Default.aspx?EventID=1634051";.. See http://www.socaltech.com/calendar/eventid/24578 March 16, Los Angeles -- The California STEM Learning Network will convene 400 partners and STEM leaders from PK-12, higher education, business and industry, government agencies, science rich education institutions, and non-profits to help California prepare the nation’s most STEM-capable graduates by coordinating and activating a statewide network representing all STEM stakeholders. Westin Bonaventure, Los Angeles (courtesy of Green LAVA). For more information see "http://www.eventbrite.com/e/california-stem-summit-2015-tickets-13012955099?aff=es2&rank=8";.. See http://www.socaltech.com/calendar/eventid/24579 March 17, Westlake Village -- TEDxConejoLive 2015. Next Tuesday, March 17th, you have the rare opportunity to experience the magic of TED live from the main stage in Vancouver from the comfort of your local start-up community hub. This is a chance to see TEDtalks as they happen, unedited. This year’s theme is Truth and Dare. For TED2015, the speakers are on a quest to magnify both facets. They will seek to challenge and reshape our core beliefs about today's reality and, at the same time, celebrate the thinkers, dreamers and mavericks who offer bold new alternatives. While the main stage has been sold out for over one year, the opportunity to watch the stream is new and free to TEDx organizations and their guests (youNEW . See http://www.socaltech.com/calendar/eventid/24590 March 17, Santa Barbara -- TEDxSantaBarbara - Ideas Worth Sharing. On Tuesday, March 17th for the first time in Santa Barbara, experience TED from the main stage in Vancouver LIVE via simulcast. Join us in a relaxed setting for a full day of live TED talks on the theme: Truth and Dare. Be inspired by some of the greatest minds of our time. Network with friends and colleagues throughout the event and leave with ideas and perspectives that just may change your life. There’s only room for 100 and we expect it to fill up quickly so register today to reserve your spot. (It’s free!NEW . See http://www.socaltech.com/calendar/eventid/24591 March 17, Los Angeles -- The California STEM Learning Network will convene 400 partners and STEM leaders from PK-12, higher education, business and industry, government agencies, science rich education institutions, and non-profits to help California prepare the nation’s most STEM-capable graduates by coordinating and activating a statewide network representing all STEM stakeholders. Westin Bonaventure, Los Angeles (courtesy of Green LAVA). For more information see "http://www.eventbrite.com/e/california-stem-summit-2015-tickets-13012955099?aff=es2&rank=8";.. See http://www.socaltech.com/calendar/eventid/24580 March 18, Santa Ana -- PDMA SoCal is pleased to welcome Jeff Blanton back for another informative and thought-provoking speaking engagement. Jeff’s wealth of experience includes strategic planning and product development for Fortune 500 companies as well as early-stage startups. For further details see "http://www.pdma.org/p/ca/vi/sid=537";.. See http://www.socaltech.com/calendar/eventid/24487 March 18, La Jolla -- Bootstrapping can have its advantages. A $30M exit usually means you didn't raise venture. And that's ok. In fact, it can be magnificent. So how do you bootstrap a company to exit? How do you structure your business? How do you strategize growth? How and when do you take in money? And ultimately - how do you drive your business to generate multiple bids, and get your sale over the finish line? For more information, see "http://www.sdvg.org/march182015/";. See http://www.socaltech.com/calendar/eventid/24566 March 19, La Jolla -- CONNECT's Entrepreneur Hall of Fame. Join CONNECT in honoring Dr. Andrew Viterbi, Co-Founder of Qualcomm, at the prestigious Entrepreneur Hall of Fame Awards luncheon. See http://www.socaltech.com/calendar/eventid/24480 March 19, Los Angeles -- Classic Rock Business Mixer. See http://www.socaltech.com/calendar/eventid/24564 March 19, Claremont -- Now in its 24th year, the California Water Policy Conference is the premier event in the State that brings together leaders from the agricultural, urban water and environmental communities to discuss the current policy issues impacting California’s water. Every year over 300 participants from around the State attend this conference to network with their colleagues, listen to perspectives they may have not heard before and learn about new programs and ideas. Claremont, CA (courtesy of Green LAVA). For more information see "http://www.cawaterpolicy.org/";.. See http://www.socaltech.com/calendar/eventid/24581 March 20, Claremont -- Now in its 24th year, the California Water Policy Conference is the premier event in the State that brings together leaders from the agricultural, urban water and environmental communities to discuss the current policy issues impacting California’s water. Every year over 300 participants from around the State attend this conference to network with their colleagues, listen to perspectives they may have not heard before and learn about new programs and ideas. Claremont, CA (courtesy of Green LAVA). For more information see "http://www.cawaterpolicy.org/";.. See http://www.socaltech.com/calendar/eventid/24582 March 23, Irvine -- the International Colloquium on Environmentally Preferred Advanced Power Generation presents the 15th Annual Clean Energy Conference, a two-day event focused on clean energy systems covering sustainable power generation, energy utilization, and grid ramifications. Henry Samueli School of Engineering, Irvine (courtesy of Green LAVA). For more information see "http://www.apep.uci.edu/icepag2015/default2.aspx";.. See http://www.socaltech.com/calendar/eventid/24583 March 24, Irvine -- the International Colloquium on Environmentally Preferred Advanced Power Generation presents the 15th Annual Clean Energy Conference, a two-day event focused on clean energy systems covering sustainable power generation, energy utilization, and grid ramifications. Henry Samueli School of Engineering, Irvine (courtesy of Green LAVA). For more information see "http://www.apep.uci.edu/icepag2015/default2.aspx";.. See http://www.socaltech.com/calendar/eventid/24584 March 24, LA Harbor College -- PortTech Forum looks at the impact to local business owners and operators due to the newStormwater Runoff Rules that go into effect on July 1. The revised regulations are broader in scope and introduce new compliance requirements needed to reduce the flow of contaminated waters into sewers, flood control channels and ultimately the ocean. The Forum will examine the goals of the rules generally and how they apply specifically to the businesses in and around the Ports of Los Angeles and Long Beach. LA Harbor College, 8:00 – 10:30 AM (courtesy of Green LAVA). For more information see 'http://www.porttechla.org/events/events-calendar?task=view_event&event_id=258";.. See http://www.socaltech.com/calendar/eventid/24585 March 26, San Diego -- This full-day definitive seminar provides an overview of the angel investing process including the details of finding, evaluating, and structuring deals. It will also go into depth on how to develop angel-entrepreneur relationships that lead to success. This highly interactive program provides attendees with practical information on best practices in angel investing through a balance of expert presentations, panel discussions and small group case studies. For more information, see "http://campaign.r20.constantcontact.com/render?ca=5d7a1870-62ef-4fec-abef-1246ef90f084&c=d6ed66d0-33fa-11e3-a77c-d4ae52843dc7&ch=dc12ff80-33fa-11e3-a780-d4ae52843dc7";. See http://www.socaltech.com/calendar/eventid/24567 March 26, Long Beach -- The innovate!socal 2015 conference is a symposium that brings together disruptive thinkers in economic development and the startup community to work together to find solutions to building the entrepreneur ecosystem for Southern California. The day features panels and renowned speakers sharing their perspectives on tools and models that help establish a powerful, self-sustaining, nurturing environment for high growth start-ups. Pacific Ballroom, Long Beach Convention Center, 9:00 AM – 7:00 PM (courtesy of Green LAVA). For more information see "http://www.eventbrite.com/e/innovatesocal-2015-registration-13081730809?aff=es2&rank=46";.. See http://www.socaltech.com/calendar/eventid/24586 March 28, Los Angeles -- SoGal Startup Summit Presented by GirlsUp. Simple equation: SoGal = SoCal + Gals. Girl power is ON! SoGal Startup Summit 2015 presented by GirlsUp kicks off on Saturday, March 28th, and you're invited to take part in the largest female entrepreneurship summit in LA! This is going to be EPIC! Hosted by GirlsUp, SoGal Startup Summit is the largest entrepreneurship conference for young women in Southern California. The day-long event brings 300+ female students, mentors, startups and investors together to address key issues women are facing in today’s entrepreneurship world. We create a collaborative and interactive experience between established leaders and next-gen female entrepreneurs to leave attendees feeling empowered, inspired and connected. See http://www.socaltech.com/calendar/eventid/24561 April 3, Los Angeles -- Join us for lunch and meet the women in charge of water infrastructure for the city of Los Angeles! Event Producer & Host: Darya Allen-Attar, Founder, Broads Circle Location: Council for Watershed Health, 700 N. Alameda St., LA 90012. See http://www.socaltech.com/calendar/eventid/24557 ----------------------------------------------------------------------- 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). SoCal-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). Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas 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
