socaltech.com TechNews - Thursday, June 11, 2015 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). Make next happen now. 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. (http://www.fetchrecruiting.com) Technical Recruiting for LA based Startups and High-Growth Companies ------------------------------------------------------------------------ --ViaSat Buys Engreen --Ouya Near Sale, Says Reports --FreedomPop Extends Reach In UK Ahead Of Launch --Arcturus Therapeutics In Deal With Johnson & Johnson Innovation --Oculus Plans Big Office In Seattle --Local ID Lands $1.9M MARKETPLACE --New Q1 2015 Money Tree Results! --KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County --VoltDB: Need Help Handling Fast Data? --Pixelgate.net - Internet Access, Web Hosting, Network Services --Don't Miss Silicon Beach Fest - June 24-27th! RECENT JOB POSTINGS --QA Automation Engineer, marina del rey, TeleSign --Release Engineer, marina del rey, TeleSign --Business Development Associate, Los Angeles, British Consulate-General, Los Angeles --Techstars Associate (Finance, Development, Marketing, Design, Operations), Los Angeles, Techstars --QA Lead, Santa Monica, Beautycounter --Software Development Engineer, Pasadena, Oben RECENT FUNDING EVENTS --------------------------------------------------------------------------- ViaSat Buys Engreen ---- Carslbad-based satellite communications technology provider ViaSat said this morning that it has acquired Engreen, a developer of network virtualization technology. Financial terms of the buy were not disclosed. ViaSat said the buy helps it add network virtualization capabilities, which will make it easier to manage its satellite-ground system. The company also said it will add locations in San Jose and Bangalore as a result of the acquisition. Ouya Near Sale, Says Reports ---- Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer, according to reports. Those reports peg the sale price to be around $10M for Ouya, which had developed an Android-based game console to much acclaim, but then apparently triggered a debt covenant forcing the sale in April. Ouya had been venture backed by Kleiner Perkins Caufield & Byers, and including Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners, and had raised over $8.6M on Kickstarter for its products. http://www.socaltech.com/ouya_near_sale_says_reports/s-0060588.html FreedomPop Extends Reach In UK Ahead Of Launch ---- Los Angeles-based free broadband service FreedomPop has expanded its reach in the UK, and has signed up a new mobile virtual network aggregator (MVNA) in the country. FreedomPop said it has signed up MVNA X-Mobility, who will provide wholesale access to its network to help power FreedomPop's services. Financial details of the deal were not disclosed. FreedomPop said it is planning to launch its services in the UK later this summer, and is already taking signups for a beta of the free broadband service in the country. http://www.socaltech.com/freedompop_extends_reach_in_uk_ahead_of_launch/s-0060587.html Arcturus Therapeutics In Deal With Johnson & Johnson Innovation ---- San Diego-based RNA therapeutics developer Arcturus Therapeutics announced this morning that it is in a strategic collaboration deal, with Johnson & Johnson Innovation. The company said it has entered into a worldwide license agreement with Janssen Pharmaceuticals to develop and commercialize RNA-based drug products for specified diseases, using Arcturus' platform and technology. Financial terms of the deal were not disclosed, however, Arcturus said it will receive an upfront payment, R&D support, and pre-clinical, development and sales milestone payments, as well as royalties on future product sales. Plus, Janssen will assume responsibility for development and commercialization costs associated with the new program. Oculus Plans Big Office In Seattle ---- Irvine-based virtual reality headset developer Oculus has some major expansion plans in Seattle, according to a report, which says the company has leased 51,000 feet of space in the city. Oculus VR has not previously detailed any plans for expansion in Seattle, which is a popular location for companies looking to tap into talent located there, particularly from such companies as Microsoft and Amazon.com. http://www.socaltech.com/oculus_plans_big_office_in_seattle/s-0060582.html Local ID Lands $1.9M ---- Los Angeles-based Local ID, a new startup that is looking to help retail and restaurant brands to improve their local store marketing efforts, has raised $1.9M in a seed funding round, the company said today. The funding was led by Crosscut Ventures, and also included Technicolor, TenOneTen, Baroda Ventures, Double M Partners, Tallwave, Wavemaker Partners and Queens Bridge Venture Partners Local ID is led by local technology veteran Alex Nocifera, who previously was founder and CEO of Ripple TV and Circle Street. http://www.socaltech.com/local_id_lands___9m/s-0060578.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- New Q1 2015 Money Tree Results! Get the latest Q1 2015 PwC SoCal MoneyTree Report 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 Q1 2015 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 ------------------------------ADVERTISEMENT------------------------------- KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, has announced the launch of its dedicated fiber ring built in partnership with Wilcon, the premier West Coast provider of private fiber optic networks. The KeyInfo fiber ring brings high-speed, private connectivity to businesses in Los Angeles and Ventura Counties. Because of its characteristic high security, fiber is an ideal choice for industries with highly regulated or sensitive data requirements. Organizations in the healthcare, financial, retail and government verticals can depend on Wilcon’s absolute physical layer security to protect the data in transit. For more information about the KeyInfo fiber ring, please visit our website at: http://keyinfo.com/solutions-we-build/Connectivity/fiber/ ------------------------------ADVERTISEMENT------------------------------- VoltDB: Need Help Handling Fast Data? Launching a successful start-up takes more than just creating a product that solves today’s problems. You need competitive advantage. How do you get this on a shoe string budget? VoltDB. We’re an in-memory, scale-out SQL database. We combine the capabilities of an operational database, real-time analytics, and stream processing – all in one easy-to-use platform. Come talk to us. We offer free software to start-ups; and as you grow, we grow. Let’s build something together. http://learn.voltdb.com/StartUp.html ------------------------------ADVERTISEMENT------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- Don't Miss Silicon Beach Fest - June 24-27th! socalTECH.com is a returning media partner for Silicon Beach Fest, this June 24-27 at the new Marina Del Rey Hotel. Silicon Beach Fest is LA's biggest tech startup entertainment fest, with startup CEOs, investors, Hollywood executives on panels, startup showcase, and several networking events. Get 20% off Full, Thurs only or Friday only passes with our SoCal Tech discount code SBFSOCALTECH20 at http://sbf15.eventbrite.com ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free QA Automation Engineer, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5646 Release Engineer, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5645 Business Development Associate, Los Angeles, British Consulate-General, Los Angeles http://www.socaltech.com/showjob.php?id=5644 Techstars Associate (Finance, Development, Marketing, Design, Operations), Los Angeles, Techstars http://www.socaltech.com/showjob.php?id=5643 QA Lead, Santa Monica, Beautycounter http://www.socaltech.com/showjob.php?id=5642 Software Development Engineer, Pasadena, Oben http://www.socaltech.com/showjob.php?id=5641 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 06/08/15 TaskUs $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64553 06/04/15 Orbitera $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64545 06/04/15 CALHOUN VISION INC $69.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64544 06/02/15 Entropix $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64539 05/29/15 Snapchat $537.6M http://www.socaltech.com/intelligence/?action=showdeal&id=64433 05/28/15 GumGum $26.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64430 05/27/15 Manta Instruments $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64428 05/26/15 HelloTech $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64359 05/26/15 Enervee $3.5M http://www.socaltech.com/intelligence/?action=showdeal&id=64358 05/19/15 Karma $0.8M http://www.socaltech.com/intelligence/?action=showdeal&id=64203 05/19/15 Mobcrush $4.9M http://www.socaltech.com/intelligence/?action=showdeal&id=64202 05/18/15 Agribotix $0.3M http://www.socaltech.com/intelligence/?action=showdeal&id=64077 05/13/15 Silversheet $2.9M http://www.socaltech.com/intelligence/?action=showdeal&id=64056 05/12/15 Wag $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=63998 --------------------------------------------------------------------------- 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 June 15, Hollywood -- Join us for Build Tour LA: A one-day event featuring Microsoft experts, key announcements, demos, and Windows 10 deep dives for apps and web. https://losangeles.build15.com/. See http://www.socaltech.com/calendar/eventid/24710 June 16, Center Club -- 2015 Orange County Ophthalmology Technology Summit: Orange County is the single most technology rich epicenter for ophthalmology technology. The purpose of the Orange County Ophthalmology Technology Summit meeting is to create a local forum where leading ophthalmology technologists, researchers, clinicians, and entrepreneurs can come together to discuss current industry trends, unmet clinical needs, and new business opportunities all to fuel the ophthalmology ecosystem in Orange County, California. The program highlight includes co-chair Jim Mazzo’s interview with Actavis CEO and President, Brent Saunders. Over the course of his career, Brent Saunders, has logged more than a $100 Billion worth of mergers under his belt. Actavis recently acquired Allergan for $66 Billion. . See http://www.socaltech.com/calendar/eventid/24732 June 17, San Luis Obispo -- EXPO at the Expo 2015: Meet more potential clients in three hours than most will see in three months. With 3,500 locals perusing the offerings, you may want to break out the big guns, like those new matching company shirts. The annual EXPO at the Expo brings together more than 150 local exhibitors and puts them in front of 3,500 attendees in what has become the largest business tradeshow on the Central Coast. Not only is this an opportunity to gain exposure to the general public, but also to connect with other local businesses, find services that you may need and inform others how you can supports their business.. See http://www.socaltech.com/calendar/eventid/24751 June 17, Thousand Oaks -- Climate Change Impacts and Reforms Roundtable & Open Forum. Clean Technology Council. David Pollock, Council member of the City of Moorpark moderates a panel review of how the state, local governments and residents are responding to climate change through legislation, adaptation and planning. The panel will focus on legislation, economics, agriculture and transportation. The special Clean Technology Council workshop includes a wine tasting mixer, refreshments and parking. See http://www.socaltech.com/calendar/eventid/24742 June 18, Santa Monica -- IDEAS Forum. Presented by the Tel Aviv University, IDEAS Los Angeles is an event where the thought leaders connect and collaborate. See http://www.socaltech.com/calendar/eventid/24653 June 18, Santa Monica -- 2015 IDEAS LA. Presented by the Tel Aviv University, IDEAS Los Angeles is an event where the thought leaders connect and collaborate. See http://www.socaltech.com/calendar/eventid/24654 June 18, Los Angeles -- IDEAS Los Angeles. First Annual IDEAS Los Angeles Conference to unite leaders from Los Angeles, Silicon Valley and Tel Aviv creating innovation in the technology & entertainment space. DEAS Los Angeles (Israel Digital Entrepreneur Arts and Science) is a full-day event that exists as a space where thought leaders and innovative companies can come together to share ideas and collaborate. IDEAS Los Angeles offers members a creative and customizable itinerary including multiple renowned keynote speakers, interactive technology experiences, expert panel discussions, start-up presentations, and much, much more. See http://www.socaltech.com/calendar/eventid/24560 June 18, Carson -- Connecting Women To Power Toro Tank: Enter the Toro Tank Boot Camp and Competition hosted by California State University, Dominguez Hills Entrepreneurial Institute for the opportunity to audition, pitch your business idea, and win access to funding and business resources that could help turn your dream into a million dollar reality.. See http://www.socaltech.com/calendar/eventid/24743 June 19, Camarillo -- Getting Things Done - Fundamentals - Level 1. Camarillo Public Library. This initial implementation of GTD involves the critical distinctions of the five steps of workflow mastery: capture, clarify, organize, reflect, and engage. It focuses on the necessity of capturing all potentially meaningful inputs into trusted tools (e.g. the in-tray), the executive decisions required to clarify their nature and generate actions and outcomes (clearing inputs and backlogs), the primary and discreet categories for organizing information and reminders, the procedure for integrated orientation (review), and how to optimize one’s system to make priority choices. See http://www.socaltech.com/calendar/eventid/24746 June 20, San Diego -- Whether you are a beginner newbie who needs hand-holding on all things computer, to the intermediate self-starter entrepreneur who needs some new tools, to you entirely tuned-in code toads looking to learn jQuery, we have it all for you! For more information see "http://sandiego.geekgirltechcon.com/";.. See http://www.socaltech.com/calendar/eventid/24605 June 23, Costa Mesa -- End the Post-Market Money Pit: How Early Moves Can Please Regulators, Payers, and Your Investors: Evolving observational research requirements, regulations, and payer expectations are redrawing the road map for global market access. How can organizations plan ahead to create clinical programs that meet pre-market and post-market needs while suppressing costs?. See http://www.socaltech.com/calendar/eventid/24733 June 23, Los Angeles -- Women in LAVA "PITCH PITCH AND AWAY" Working Sessions. LAVA. Every entrepreneur needs a polished pitch deck to present to investors and an elevator pitch that rolls off their tongues at networking events. We want to help get yours to perfection. This year we will be hosting a series of working sessions for women entrepreneurs to develop their pitch presentation, practice the pitch, and get invaluable feedback from mentors and colleagues. These sessions will lead to the chance to present to a panel of women-focused investors at our Investor Panel Event in December. Participation in at least one of these events will qualify you to apply for our pitch competition.https://generalassemb.ly/education/women-in-lava-pitch-pitch-and-away-working-sessions/los-angeles/11207. See http://www.socaltech.com/calendar/eventid/24545 June 24, Westwood -- First Look LA: First Look L.A. supports, nurtures and stimulates our unique culture in Southern California, while furthering L.A.s position as a center for start-ups and emerging technology. In addition to the presenters, venture capitalists and early stage angel investors attend the event, along with local elected officials, business leaders and senior administrators from local universities.. See http://www.socaltech.com/calendar/eventid/24724 June 25, Culver City -- Mobile Strategy & Development. AITP-LA. Your organization should already have mobile functionality and a mobile presence. How should your company best address its mobile needs, or improve upon its existing mobile presence or deployment? A panel of Los Angeles area experts will discuss the impetus for going mobile, and how they mapped out and executed upon this need for their own firms. Elements include business needs, analytics, requirements gathering, developing technical specs, platform needs, building teams, and the tradeoffs and pitfalls of farming out the development work. . See http://www.socaltech.com/calendar/eventid/24716 June 27, Playa Vista -- Big Data Day LA 2015. Join us and countless others for the third annual Big Data Day LA, held in none other than Los Angeles, of course! Big Data Day LA is the largest conference of its kind as well as the only free big data conference in Southern California, packed with informational speakers. This year will feature talks from City of Los Angeles, Cloudera, Couchbase, Databricks, Datastax, Fandango, Hortonworks, LA County Registrar-Recorder/County Clerk, MapR, Microsoft, MongoDB, Netflix, Oracle, Teradata, Toyota and many more. This only happens once a year and tickets go fast, so don’t miss out. See http://www.socaltech.com/calendar/eventid/24741 June 30, Santa Monica -- Upfront Ventures' Kara Nortman - Fireside Chat. TechFire will be hosting a fireside chat with Kara Nortman, Partner at Upfront Ventures, L.A.'s leading VC firm. Kara joined Upfront Ventures as a partner in November 2014. She is currently the Chairman of Seedling which recently merged with Moonfrye where she was co-founder and CEO. Prior to starting Moonfrye, Kara spent close to seven years at IAC where she acted as the Senior Vice President and General Manager of Urbanspoon and CitysearchNEW . See http://www.socaltech.com/calendar/eventid/24753 June 30, Camarillo -- Clay Clark Presents - Thrive: How To Move From Surviving To Thriving. Camarillo Public Library. Clay is the founder of Thrive15, serial entrepreneur, and the former "U.S. SBA Entrepreneur of the Year" who has been described by the folks at Yahoo as the "Jim Carey of Entrepreneurship." As the result of his tireless tenacity and work ethic, he's been able to found or co-found several successful companies. Clay will teach specific action steps that have been proven to work in his own life and the lives of millionaire business owners around the world. Learn how to not just survive, but actually make your life epic every step of the way as your company begins to thrive. See http://www.socaltech.com/calendar/eventid/24745 July 9, Rancho Santa Margarita -- 5th Annual OCTANe Golf Tournament: You’re invited to OCTANe’s 5th Annual Golf Tournament! Team up with your colleagues or come solo, either way you are sure to meet many new business contacts and friends. Tournament will fill up fast, so reserve your spot today!. See http://www.socaltech.com/calendar/eventid/24734 ----------------------------------------------------------------------- Sponsored by: TVC Capital LLC (www.tvccapital.com) Investments in 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. 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. 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