socaltech.com TechNews - Wednesday, June 17, 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. 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 Silicon Valley Bank (http://www.svb.com). Make next happen now. PricewaterhouseCoopers (http://www.socaltech.com/pwc). ------------------------------------------------------------------------ --Evite: We've Sent 2 Billion Invitations --KYTHERA Biopharmaceuticals Acquired By Allergan For $2.1 Billion --REC Solar Buys Stellar Energy --FreedomPop Gets $30M More, Skips M&A --Triton Digital Signs Emmis Radio --ProProfs Buys HelpIQ --California Technology Ventures Backs CyMedica Orthopedics MARKETPLACE --New Q1 2015 Money Tree Results! --KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County --TechCXO - Los Angeles --Pixelgate.net - Internet Access, Web Hosting, Network Services RECENT JOB POSTINGS --Senior Accountant, marina del rey, TeleSign --Technical Account Manager, marina del rey, TeleSign --Senior Software Engineer, marina del rey, TeleSign --DevOps Engineer, marina del rey, TeleSign --QA Automation Engineer, marina del rey, TeleSign --Product Marketing Manager, marina del rey, TeleSign RECENT FUNDING EVENTS ------------------------------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------------------------------- Evite: We've Sent 2 Billion Invitations ---- Los Angeles-based digital invitations service Evite, which is owned by Liberty Interactive, said it has just send out its 2 billionth event invitation, which is says is a major milestone for the company. As a celebration of the 2 billionth event invitation, the company said it sprung a surprise party for the host of that event, a mother in Northern California, ramping up the event with a $25,000 party featuring carnival tents and performers, midway games, photo booth, catered lunch, and much, much more for over 100 fourth graders and their parents, celebrating the end of the school year. Evite says it helps send invitations to approximately 6 million annual events through the service. KYTHERA Biopharmaceuticals Acquired By Allergan For $2.1 Billion ---- Westlake Vilage-based KYTHERA Biopharmaceuticals, the developer of aesthetic medicine products, is being acquired by Allergan in a deal worth $2.1 billion, the two companies said this morning. Allergan said it will pay $75 per KYTHERA share, split between 80 percent in cash and 20 percent in Allergan shares. Kythera is focused on the discovery, development and commercialization of novel prescription products for the aesthetic medicine market. The company's lead product is used to treat double chins. REC Solar Buys Stellar Energy ---- San Luis Obispo-based REC Solar has acquired solar provider Stellar Energy, in an asset purchase, the company announced this morning. Financial details of the acquisition were not disclosed. According to REC Solar, the move will help it expand in the commercial business market. Stellar Energy had provided solar power systems exclusively to commercial businesses. In addition, REC Solar said that the deal adds more than 60 megawatts from 62 solar projects into its portfolio. REC Solar is led by Al Bucknam; the company is actually now owned by Duke Energy, which acquired the majority of REC Solar in February. http://www.socaltech.com/rec_solar_buys_stellar_energy/s-0060659.html FreedomPop Gets $30M More, Skips M&A ---- Los Angeles-based free broadband service FreedomPop said this morning that it has raised $30M more in new financing, which it says will go to accelerate its growth in the U.S., and expand its free mobile service. The funding was led by Partech Ventures, and also included DCM Capital and Mangrove Capital. Mark Menell of Partech joins the company's board with the funding. FreedomPop also said it is adding a new strategic investor, which will be announced separately. FreedomPop, is led by Stephen Stokols, and says the new funding comes despite multiple M&A offers and speculation over a sale of the service; the company claims it declined multiplle M&A offers for the company, but opted instead for a new round. http://www.socaltech.com/freedompop_gets_3_m_more_skips_m_a/s-0060658.html Triton Digital Signs Emmis Radio ---- Los Angeles-based Triton Digital, a provider of services to help radio stations and others stream digital audio and insert ads into their audio content, reported a win Tuesday with Emmis Radio. Financial impact of the win were not disclosed. Triton Digital says its technology will go towards monetizing content across 19 Fm and 4 AM radio stations owned by Emmis Radio. Triton Digital was recently acquired by Vector Capital. ProProfs Buys HelpIQ ---- Los Angeles-based ProProfs, a developer of online quiz, tools, learning, and other software, has acquired knowledge base software developer HelpIQ, according to the company. Financial terms of the acquisition were not disclosed. HelpIQ develops cloud-based software for managing online documentation and help, and is used to create online knowledge bases. ProProfs is led by Sameer Bhatia. California Technology Ventures Backs CyMedica Orthopedics ---- Pasadena-based venture investor California Technology Ventures has put its funding behind a medical device maker, which is trying to prevent muscle atrophy after orthopedic surgery. According to Scottsdale, Arizona-based CyMedica Orthopedics, it has raised $11.5M in a Series A funding led by Research Corporation Technologies, which included Pasadena's California Technology Ventures, along with Aphelion Capital. The company's system provides high intensity electrical muscle stimulation for preventing quadriceps muscle atrophy. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=64209 --------------------------------------------------------------------------- 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------------------------------- 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------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Senior Accountant, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5655 Technical Account Manager, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5654 Senior Software Engineer, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5653 DevOps Engineer, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5652 QA Automation Engineer, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5646 Product Marketing Manager, marina del rey, TeleSign http://www.socaltech.com/showjob.php?id=5651 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 06/16/15 Rayton Solar $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64606 06/16/15 ServiceTitan $18.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64605 06/16/15 Connectifier $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64604 06/15/15 Looklist $0.2M http://www.socaltech.com/intelligence/?action=showdeal&id=64603 06/12/15 BioAtla $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=64599 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 --------------------------------------------------------------------------- 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 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, San Diego -- What do Lady Gaga and Hollywood have to do with our June 17 program? Both are examples of the business side of San Diego's drone business. Drones are already vital to industries such as agriculture, defense, disaster management, and weather monitoring. Now, commercial drones have the potential to change the way we work. The UAV (Unmanned Aerial Vehicles) and UUV (Unmanned Underwater Vehicles) industry is expected to climb to $91 billion worldwide in the next ten years according to Teal Group's 2014 study. Join us as we feature San Diego executives who have navigated new business opportunities with aerial and underwater drones.. See http://www.socaltech.com/calendar/eventid/24754 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 Citysearch. 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. 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
