socaltech.com TechNews - Wednesday, December 9, 2015 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
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Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --Interlude Scores $18.2M From MGM --Illumina Invests In Desktop Genetics --GoPro Links With UCLA's School of Theater, Film and Television --EcoSense Lighting Buys Journee Lighting --Ixia Wins University of Texas --Hyperloop Technologies In Deal For Test Site In Las Vegas, Eyes $80M --Docstoc Quietly Shuts Doors --Kurion Buys UK Robotics Firm --Qualcomm Backs Maker Of Low Cost, Highly Accurate GPS Receivers --Lenny Lands Funding For Microloans --Google Fiber Mulls Expansion Into Los Angeles MARKETPLACE --Introducing KeyCloud --Project X – New Design Focused Accelerator in Los Angeles --TechCXO - Los Angeles --Stradling --Safire Partners Executive Search RECENT JOB POSTINGS --Members post jobs for free! RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- SVB’s Innovation Economy Outlook survey open! Share your views on the global teach economy – Each year, Silicon Valley Bank surveys founders and executives around the world for insight into the dynamics of high-growth companies. The results of this 7th annual Innovation Economy Outlook survey will help policymakers, investors and the business public understand the business and policy issues facing companies like yours. Please click http://bit.svb.com/IEOus11 to take the 8-minute survey ------------------------------ADVERTISEMENT------------------------------- Interlude Scores $18.2M From MGM ---- Interule, a media startup which says it is developing video that responds to a person's emotions and interests, has raised $18.2M in a new funding round. The funding came from Metro-Goldwyn-Mayer Studios (MGM), along with Sequoia Capital, Intel Capital and others. Inerlude--which has an office in Los Angeles, but is based in New York--said that MGM CEO Gary Barber has joined the company's board as an observer. Interlude's tools allow for the creation of non-linear story paths in content. The company was founded by Israeli musician Yoni Bloch, who the company said wanted to bring the nonlinear experience of video games and Dungeons and Dragons to film. http://www.socaltech.com/interlude_scores__8__m_from_mgm/s-0063146.html Illumina Invests In Desktop Genetics ---- San Diego-based life sciences equipment maker Illumina has made an investment in UK-based Desktop Genetics Ltd., Desktop Genetics said late last night. Financial details of the investment round were not announced. Desktop Genetics Ltd develops software used for gene editing. According to Desktop Genetics, the funding will go towards development and commercialization of its products. GoPro Links With UCLA's School of Theater, Film and Television ---- Action camera maker GoPro said Tuesday that it has tied with the UCLA School of Theater, Film and Television (UCLA TFT), to launch a program to provide students with GoPro cameras and accessories to create content, and where it will also provide guided workshops, education, and one-on-one mentorship to students. According to GoPro, the link with UCLA is an extension of its university program--originally launched at USC in October--and also includes a deal with the NYU Tisch School of the Arts. GoPro said it will also encourage students at UCLA to participate in its GoPro Awards, its online platform which lets users capture and share their GoPro photos, video clips, and video edits. http://www.socaltech.com/gopro_links_with_ucla_s_school_of_theater_film_and_television/s-0063144.html EcoSense Lighting Buys Journee Lighting ---- Los Angeles-based LED lighting manufacturer EcoSense Lighting has acquired fellow LED lighting developer Journee, according to EcoSense. Financial terms of the acquisition were not announced. Journee Lighting, which was based in Westlake Village, developed downlight and track lighting. Journee was founded by Clayton Alexander in 2005. EcoSense Lighting is led by Mark Reynoso. Ixia Wins University of Texas ---- Calabasas-based network testing equipment and software developer Ixia is reporting a win with the University of Texas at Austin this morning, saying that its products have been selected to provide end-to-end network visibility in a security effort at the school. FInancial details of the win were not announced. Ixia said the school is using its Net Tool Optimizer NTO 7300 and Application and Threat Intelligence Processor (ATIP) products. Hyperloop Technologies In Deal For Test Site In Las Vegas, Eyes $80M round ---- Los Angeles-based Hyperloop Technologies, one of the startups looking to bring Elon Musk's grand idea for high speed transportation to life, has inked a deal for a test site in North Las Vegas, as it looks to complete an $80M, Series B funding round. (More...) http://www.socaltech.com/hyperloop_technologies_in_deal_for_test_site_in_las_vegas_eyes_8_m_round/s-0063141.html Docstoc Quietly Shuts Doors ---- One, high flying online document sharing site Docstoc has quietly closed its doors, as of December 1st--and now only features a simple message saying that the service is closed for business. Docstoc--which was founded by Jason Nazar--had been acquired by Intuit in December of 2013. Docstoc had said earlier in September that it would be shutting down entirely. Nazar--who is now working on a new startup, Crew32--apparently had attempted to buy back Docstoc, but to no avail. http://www.socaltech.com/docstoc_quietly_shuts_doors/s-0063137.html Kurion Buys UK Robotics Firm ---- Irvine-based nuclear and hazardous waste treatment technology developer Kurion has acquired a UK-based robotics and remote systems company, Oxford Technologies, Ltd., the companies said this morning. Financial terms of the acquisition were not disclosed. Oxford Technologies develops robotics and remote handling systems in the United Kingdom, and adds more than 60 engineers and project management to Kurion's team. Kurion said the transaction will help expand its existing Robotics Systems & Services team. Kurion rose to prominence in delivering technology to help deal with the crippled Fukushima Daiichi Nuclear Power Plant in Japan, including its use of robots to access radiation contaminated environments at that power plant. Qualcomm Backs Maker Of Low Cost, Highly Accurate GPS Receivers ---- San Diego-based Qualcomm has made an investment in a developer of low cost, highly accurate GPS receivers, via its investment arm, Qualcomm Ventures. (More...) http://www.socaltech.com/intelligence/index.php?action=showdeal&id=69217 Lenny Lands Funding For Microloans ---- Santa Monica-based Lenny, a startup which develops a mobile app and service which provides microloans to Millennial students, said today that it has raised a new round of funding. Size of the seed funding was not announced. According to Lenny, it is initially focusing on providing microloans to students, using such information as their GPA to qualify them for loans. The startup is led by Joe Bayen. Lenny says it makes loans of up to $500, based entirely on a student's GPA. http://www.socaltech.com/intelligence/index.php?action=showco&id=46838 Google Fiber Mulls Expansion Into Los Angeles ---- Is Google Fiber, the ultra-high-speed, gigabit Internet service, coming to Los Angeles? Google said this morning that it is exploring the possibility of bringing its high speed fiber network to both Los Angeles and Chicago, its first spread into two of the largest metro areas to date. Google said that---although it can't guarantee it will bring Google Fiber to LA--it is starting the process of working with city leaders to collect information on deployment. http://www.socaltech.com/google_fiber_mulls_expansion_into_los_angeles/s-0063126.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Introducing KeyCloud There’s no reason for business operations to suffer due to legacy technology. Throw it all to the cloud and transform your IT infrastructure to cloud-based, enterprise level software with KeyCloud. KeyCloud offers local enterprise cloud with best-of-breed infrastructure. KeyCloud delivers compute, storage, and network through Infrastructure-as-a-Service (IaaS). KeyCloud offers highly secure virtual and dedicated machines in an environment that enables you to run your apps on our carrier grade datacenter for 99.999 percent uptime. Engineered on a pool of highly redundant servers and storage, KeyCloud is available in custom configurations to rapidly respond to your IT needs. These Cloud services will quickly and dynamically scale as your business needs grow without ever having to worry about hardware infrastructure again. To learn more about KeyCloud, visit http://www.keycloud.com or call (818) 737-2186. ------------------------------ADVERTISEMENT------------------------------- Project X – New Design Focused Accelerator in Los Angeles Launch your next MVP. Be Victorious. Conquer the perils of poorly branded products, semi-good stories, and underwhelming UX/UI front-end design and dev. Project X is a business unit of the Los Angeles based digital agency La Visual. UX/UI strategy, rapid-prototyping and design, world-class branding, product strategy & design, testing, rollout strategies, mentorship, and access to exclusive funding. Don't be shy. Hit us up and we will talk about your next startup. Drop us a line // See how we can help you: [email protected] Check it out here // http://lavisual.com/projectx ------------------------------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------------------------------- Stradling Stradling, Attorneys At Law (http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. ------------------------------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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Director of Talent, Marina Del Rey, Vision Fleet http://www.socaltech.com/showjob.php?id=5670 Driver Acquisition Manager, Venice, Vision Fleet http://www.socaltech.com/showjob.php?id=5668 Customer Operations Manager, Venice, Vision Fleet http://www.socaltech.com/showjob.php?id=5669 Rideshare Operations Manager, Venice, Vision Fleet http://www.socaltech.com/showjob.php?id=5667 Data Engineer , Venice, Vision Fleet http://www.socaltech.com/showjob.php?id=5666 Project Manager , Marina Del Rey, Vision Fleet http://www.socaltech.com/showjob.php?id=5665 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 12/08/15 Lenny $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=69215 12/07/15 Shoes of Prey $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=69212 12/04/15 3PL Central $17.5M http://www.socaltech.com/intelligence/?action=showdeal&id=69210 12/03/15 ORIC Pharmaceuticals $53.0M http://www.socaltech.com/intelligence/?action=showdeal&id=69178 12/03/15 Younity AKA Entangled Media Corp. $8.0M http://www.socaltech.com/intelligence/?action=showdeal&id=69126 12/02/15 Sensoro $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=69124 12/02/15 Hollar Inc. $17.5M http://www.socaltech.com/intelligence/?action=showdeal&id=69077 11/25/15 PatientPop, Inc. $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68956 11/25/15 Travo $2.4M http://www.socaltech.com/intelligence/?action=showdeal&id=68955 11/25/15 Mixcord $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68954 11/20/15 Kuddly Inc. $1.5M http://www.socaltech.com/intelligence/?action=showdeal&id=68849 11/19/15 OpenHouse Realty FKA Agent Ace $13.5M http://www.socaltech.com/intelligence/?action=showdeal&id=68846 11/18/15 Tuition.io $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68815 11/18/15 CARD.com $9.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68814 11/17/15 Numecent $15.5M http://www.socaltech.com/intelligence/?action=showdeal&id=68809 11/16/15 ZoneTV $4.1M http://www.socaltech.com/intelligence/?action=showdeal&id=68808 11/12/15 Amplyx Pharmaceuticals $40.5M http://www.socaltech.com/intelligence/?action=showdeal&id=68782 11/12/15 Panjo $4.6M http://www.socaltech.com/intelligence/?action=showdeal&id=68757 11/12/15 TigerText $50.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68756 11/12/15 NextVR $30.5M http://www.socaltech.com/intelligence/?action=showdeal&id=68755 11/11/15 VideoAmp $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=68752 --------------------------------------------------------------------------- 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 December 9, Thousand Oaks -- CleanTech Business Mixer. Bring your friends and join us for loads of fun, games, great food and drinks (5-6pm early bird specials!) Meet Tech Executives, Entrepreneurs, Inventors, Angel/VC Investors, Joint Venture Partners, Deal Makers and Start Up Mentors. Clean Technology Council has sponsored monthly entrepreneur round tables since 2010. CTC members and friends see amazing opportunities driven by the convergence of technology, globalization and resources. Our non-profit's mission is to bring together outstanding business leaders and creative individuals that want to learn, build relationships and operate sustainable businesses. See http://www.socaltech.com/calendar/eventid/25019 December 9, Westlake Village -- Free Open Coworking Day at Cal Lutheran Center for Entrepreneurship. See http://www.socaltech.com/calendar/eventid/25006 December 10, Los Angeles -- AN EVENING WITH TECHSTARS HEALTHCARE ACCELERATOR.General Assembly. Applications are currently open for the new Techstars Healthcare Accelerator, in partnership with Cedars-Sinai. This info session will bring applicants, prospective applicants, Techstars, and Cedars-Sinai together under one roof. Join us to find out more. See http://www.socaltech.com/calendar/eventid/25010 December 10, Santa Monica -- 'Tis the Season: A Celebration of Giving with Stoked. Join us for a holiday mixer and thought-provoking discussion benefiting STOKED, an award-winning youth development agency in LA and NYC that uses action sports to create fearless leaders and close the opportunity gap for low income youth. Price of admission covers light appetizers, beverages, music and inspiring banter. See http://www.socaltech.com/calendar/eventid/25023 December 11, Altadena -- 2014 JUMPSTART: LUNCH SPEAKER SERIES FOR ENTREPRENEURS. Customer Lifecycle – Marketing for Start-ups How should start-ups relate to the customer lifecycle: (i) acquisition; (ii) engagement; (iii) purchase; (iv) retention; and (v) referral? What specific actions do you think start-ups should take at each one of these phases of the customer lifecycle? If a start-up does not have marketing expertise in-house, what alternatives have you seen that have worked? Where does one begin to develop a marketing budget?These and other key questions will be addressed by a panel of four marketing experts.. See http://www.socaltech.com/calendar/eventid/24429 December 11, Los Angeles -- TechFire Presents a Fireside Chat with VC David Siemer of Wavemaker Partners. Join us Dec. 11 for a fireside chat with a partner from one of L.A.'s top venture capital firms! David Siemer is the Co-Founder & Managing Partner of one of L.A.'s leading venture capital firms, Wavemaker Partners, an early-stage, cross-border VC firm with dual headquarters in Los Angeles and Singapore. See http://www.socaltech.com/calendar/eventid/25005 December 12, Santa Monica -- Brain Meets Brawn: UFC 194 Mixer + Screening Party. Join us for an evening of happy hour networking before enjoying the live screening of UFC 194. Price of admission covers open bar, food and reserved seat for the screening of the season's most anticipated face-off between the UFC's featherweight champ and interim cham. See http://www.socaltech.com/calendar/eventid/25021 December 13, Los Angeles -- GA Creator Sundays. Join General Assembly for our new series "Creator Sundays" featuring workshops taught by leading creative entrepreneurs and makers in the LA community! Tap into your creative side, work with your hands, learn something new, and of course, have a mimosa (or two) on us. See http://www.socaltech.com/calendar/eventid/25014 December 17, San Diego -- CoFoundersLab Matchup San Diego. CoFoundersLab Matchup San Diego is aimed at helping entrepreneurs find co-founders, advisers, and interns and to build strong, core startup teams.. See http://www.socaltech.com/calendar/eventid/25024 December 17, Santa Monica -- GDG Los Angeles End of Year Meetup. Come join GDG Los Angeles for our final meetup of 2015. We'll start the evening with a behind-the-scenes look at our recent DevFest event, including a deep-dive into the Polymer template used to power our DevFest site how we host it for free using GitHub pages. We'll close with our year-end prize raffle. All past attendees are already entered, but you increase your odds of winning by attending this meetup, so we hope to see you there. See http://www.socaltech.com/calendar/eventid/25025 ----------------------------------------------------------------------- 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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