socaltech.com TechNews - Tuesday, June 21, 2016 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. Technical Connections, Inc. (http://www.technicalconnections.com) Successfully connecting Tech Talent with Premier Clients in SoCal for over 30 years. Silicon Valley Bank (http://www.svb.com). Make next happen now. Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Hyperloop One Inks Partnership With Moscow On Russian Transport System --Qualcomm Expands GNSS Support --Blueprint Bio Raises $7.5M --Kite Pharma Opens New Facility In El Segundo --OSI Systems Acquires American Science and Engineering --iGulu Aims To Develop Smart Beer Brewing Machine --Dell Software Acquired By Private Equity Firms Francisco, Elliott MARKETPLACE --TriNet - HR Services --Technical Connections - Connecting Tech Talent with Premier Clients in SoCal --Introducing KeyCloud --Binary Pulse Technology Marketing --TechCXO - Los Angeles RECENT JOB POSTINGS --Interim Controller/CFO Consultants and other Accounting/Finance Consultants, Los Angeles, Agility Financial Partners, LLC RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- Safire Partners Executive Search Safire Partners is a 15-person Los Angeles-based executive search firm built for SoCal's emerging companies working on ~100 searches per year. Clients cross over mobile, adtech, media, gaming, software, ecommerce, services, and consumer products. We always want to meet great companies, investors and executives, please reach out via http://www.safirepartners.com. --------------------------------------------------------------------------- Hyperloop One Inks Partnership With Moscow On Russian Transport System ---- Los Angeles-based Hyperloop One, one of the local companies which is looking to bring Elon Musk's idea of high speed transportation to reality, reported today that it has signed a Memorandum of Understanding (MOU) with the city of Moscow, to explore building high-capacity, passenger systems in the Russian city. (More...) http://www.socaltech.com/hyperloop_one_inks_partnership_with_moscow_on_russian_transport_system/s-0065886.html Qualcomm Expands GNSS Support ---- San Diego-based Qualcomm said today that it is now broadly supporting the European Galileo Global Navigation Satellite System (GNSS) across its entire range of products. GNSS is the European equivalent of the GPS systems, offering up global satellite positioning services. Qualcomm says the GNSS support comes on top of existing support for the GPS, GLONASS, BeiDou, QZSS, and SBAS satellite location services. Qualcomm said the GNSS support is now available on its Qualcomm Snapdragon 800, 600, and 400 processors. Blueprint Bio Raises $7.5M ---- Blueprint Bio a developer of biomarker technology for the personalized medicine market, has raised $7.5M from Murrieta-based Forentis Partners. Blueprint Bio has offices in Murrieta, along with Philadelphia and Rochester, MN, at the University of Pennsylvania and the Mayo Clinic. According to Forentis Partners, the funding is the first funding out of its $50M, special purpose venture fund focused on biotechnology, its Forentis Fund. Blueprint Bio is led by Matthew Nunez. http://www.socaltech.com/blueprint_bio_raises_7__m/s-0065883.html Kite Pharma Opens New Facility In El Segundo ---- Santa Monica-based biopharmaceuticals developer Kite Pharma has opened up a new, 43,500 square foot manufacturing facility in El Segundo, the company said today, to manufacture its cancer immunotherapy products. According to Kite Pharma, the new facility will support production of its chimeric antigen receptor (CAR) and T-cell receptor (TCR) product candidates for clinical trials, along with commercial launch of its lead T-cell product candidate, KTE-C19. The company said the facility is estimated to have the capacity to produce up to 5,000 patient therapies per year, if approved by the FDA. OSI Systems Acquires American Science and Engineering ---- Hawthorne-base OSI Systems, which develops electronics systems for the homeland security, healthcare, and other markets, said this morning that it has acquired American Science and Engineering, Inc. (AS&E), in a deal worth approximately $187M. OSI said it would pay $37.00 per share in cash for A&E, which makes backscatter X-ray inspection equipment used for screening cargo, parcel, and personnel. OSI Systems said it will fund the acquisition from an existing, $450M credit facility. OSI Systems was advised by Citigroup and Roth Capital in the deal, along with Latham & Watkins and Crowell & Moring. iGulu Aims To Develop Smart Beer Brewing Machine ---- Los Angeles-based iGulu, a startup developing an automated, smart craft beer brewing machine, says it has raised $701,416 in funding via an Indiegogo campaign, for its development efforts. The company's automated craft brewing machine is expected to be delivered in Q3, according to the company. The company is led by CEO Shu Zhang; the company is charging $549 for its devices in pre-order. The company's operations and manufacturing are in China. The company competes against smart beer brewing machine developer Picobrew. http://www.socaltech.com/igulu_aims_to_develop_smart_beer_brewing_machine/s-0065884.html Dell Software Acquired By Private Equity Firms Francisco, Elliott ---- Dell Software, the unit of computer giant Dell which includes a sizeable chunk of employees in Aliso Viejo, has been acquired by private equity firms Francisco Partners, along with Elliott Management, the companies said this morning. Financial details of the acquisition were not disclosed. A chunk of Dell Software is the former Quest Software, which was based in Aliso Viejo and was acquired by Dell back in 2012. Dell Software still lists a significant number of open job and positions at its Aliso Viejo location. Dell acquired Quest Software--which was founded by Vinny Smith--in an earlier effort to diversify its business away from hardware and more into enterprise IT software. http://www.socaltech.com/dell_software_acquired_by_private_equity_firms_francisco_elliott/s-0065872.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- TriNet - HR Services TriNet is a leading provider of HR services that takes the stress out of daily HR distractions. Our HR bundled product includes payroll, human capital consulting, compliance laws, benefits, workers compensation and more. Our services are delivered by our expert team of HR professionals enabled by our cloud-based technology platform. We focus on our clients and their employees to streamline their HR transactions anytime and anywhere. Focus on your clients, while TriNet focuses on your HR. For more information, please visit http://www.trinet.com. ------------------------------ADVERTISEMENT------------------------------- Technical Connections - Connecting Tech Talent with Premier Clients in SoCal Technical Connections is Southern California’s premier staffing firm specializing exclusively in web, software and information technology professionals. With offices in Los Angeles and Orange County, TCI offers a full range of services including retained search, contingency placement, and short- and long-term consulting, to companies ranging from Fortune 100’s to start-ups. http://www.technicalconnections.com ------------------------------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------------------------------- Binary Pulse Technology Marketing We produce and manage content-centric campaigns that enable our clients to connect with their prospects. For nearly twenty years, California's industry-leading tech firms have turned to Binary Pulse for their demand-generating strategies and programs. Our services include: -- Demand Generation Planning and Execution -- Content Strategies & Editorial Calendar Management -- Marketing Automation Systems and Administration -- Channel Program Development -- Web Site Design & Development -- Corporate and Product Branding -- Video Production and Marketing -- Whitepaper Authoring and Syndication -- Social Media Marketing Please visit us at http://www.binarypulse.com to learn more or give us a call at 949-336-7400. ------------------------------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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Interim Controller/CFO Consultants and other Accounting/Finance Consultants, Los Angeles, Agility Financial Partners, LLC http://www.socaltech.com/showjob.php?id=5676 Manager of Business Development, Los Angeles, Supporting Strategies Los Angeles http://www.socaltech.com/showjob.php?id=5675 Senior iOS / Mobile Developer, Santa Monica, Mobolize http://www.socaltech.com/showjob.php?id=5674 Software Engineering Intern, Los Angeles, Factual http://www.socaltech.com/showjob.php?id=5673 Summer Intern - Data Engineer, Los Angeles, Factual http://www.socaltech.com/showjob.php?id=5672 Business Development Associate: Energy, Environment, & Infrastructure, Los Angeles, The British Embassy http://www.socaltech.com/showjob.php?id=5671 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 06/21/16 Blueprint Bio $7.5M http://www.socaltech.com/intelligence/?action=showdeal&id=74883 06/17/16 Within $12.6M http://www.socaltech.com/intelligence/?action=showdeal&id=74779 06/16/16 LogicMonitor, Inc. $130.0M http://www.socaltech.com/intelligence/?action=showdeal&id=74774 06/15/16 Vow To Be Chic $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=74773 06/13/16 The Virtual Reality Company $23.0M http://www.socaltech.com/intelligence/?action=showdeal&id=74676 06/09/16 IMPACT RADIUS $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=74509 06/08/16 Cylance $100.0M http://www.socaltech.com/intelligence/?action=showdeal&id=74504 06/07/16 Armorway $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=74381 06/07/16 QLess $3.5M http://www.socaltech.com/intelligence/?action=showdeal&id=74380 06/02/16 LootCrate $18.5M http://www.socaltech.com/intelligence/?action=showdeal&id=74257 06/01/16 Docupace $16.5M http://www.socaltech.com/intelligence/?action=showdeal&id=74256 05/25/16 Victorious, Inc. $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=73930 --------------------------------------------------------------------------- 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 21, Costa Mesa -- OCTANe Opthalmology Summit. Join Leading KOLs and Former Allergan CEO, David Pyott, at OTS 2016. Orange County is the epicenter for ophthalmology technology and innovation in the world. OCTANe's 4th Annual Orange County Ophthalmology Technology Summit (OTS) continues to build upon this rich tradition and we are delighted to announce that David Pyott will be in attendance in a discussion with Jim Mazzo. The program highlight includes co-chair Jim Mazzo's interview with Former Allergan CEO David Pyott. Mr. Pyott was the Former Chairman of the Board and Chief Executive Officer at Allergan from 1998 - 2015. See http://www.socaltech.com/calendar/eventid/25314 June 22, Riverside -- The Roadmap to Commercialization: Building Your Customer Base Through Discovery and Validation. Tritech SBDC. Why is the right business model critical to your venture start-up’s success? Can a bad value proposition kill your business? How well do you really know your target customer? As a founder, your “Hero’s Journey” will be fraught with numerous obstacles, “uncertainty, fear and doubt”. This workshop series will help you determine and verify the right course for your start-up, raise your odds of being funded, and build a scalable, sustainable company. In this workshop, you will learn how to. ? 1.Search for and discover your best niche customers 2.Create the right value propositions to motivate their purchases of your product 3.Generate a fundable business model 4.Grow a sustainable and profitable company 5.Achieve an Optimal Exit Strateg. See http://www.socaltech.com/calendar/eventid/25319 June 22, Thousand oaks -- Decline of Pollinators Threaten World’s Food Supply. Clean Technology Council. William Lewis, Past President, California State and Los Angeles County Beekeepers Association explains why many species that promote the growth of hundreds of billions of dollars worth of food each year face extinction. Pollinator insect species are threatened, including 16 percent of vertebrates like birds and bats. Bill presents solutions to this global crisis. See http://www.socaltech.com/calendar/eventid/25305 June 23, West Los Angeles -- 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 the universities. This year we are featuring a LAVA Healthcare as a program opener and a Keynote Speaker from Johnson & Johnson Innovation Labs. See http://www.socaltech.com/calendar/eventid/25306 June 23, Los Angeles -- Alternative Accelerators & Start-Up Resources. LAVA. Today, start-ups have more choices for accessing business resources and seed funding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models. The next Mobile LAVA will present some of these different equity partners available to start-ups in today’s rapidly evolving tech landscape.. See http://www.socaltech.com/calendar/eventid/25273 June 23, Santa Monica -- Preccelerator Program Demo Day. Clear your calendar - It's going down! Preccelerator® Program Demo Day kicks off on June 23rd @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator® Program (1453 3rd Street Promenade, Suite 300) is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community. Party on the Patio to follow!. See http://www.socaltech.com/calendar/eventid/25304 June 24, Westlake Village -- Hub101 Hacks Presents: Student Life Startup Competition. Event Description Life as a student can be pretty rough. Think you have the innovativeness to make it more bearable? Then come on out and show us your great idea for the startup to solve every student's problems. See http://www.socaltech.com/calendar/eventid/25301 June 30, Los Angeles -- Cybertech. CyberTech Beverly Hills is the premier event for cyber security, threats solutions and innovative technologies, taking place at the Wallis Annenberg Theater in Beverly Hills on June 30th, 2016! CyberTech Beverly Hills will include keynote sessions on the world of Cyber Crime Investigations, Fintech, Media and Entertainment and Critical Infrastructure, as well as an exhibition of innovative technologies, meetings with leading start-ups and investors. Get acquainted with the products and people leading the industry and creating new technological solutions to tackle today's cyber challenges. See http://www.socaltech.com/calendar/eventid/25207 June 30, Los Angeles -- Alternative Accelerators & Start-Up Resources. LAVA. Today, start-ups have more choices for accessing business resources and seed funding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venture capital or who lack certain critical capabilities. To meet these needs are emergent alternative accelerators, incubators and preccelerator models. The next Mobile LAVA will present some of these different equity partners available to start-ups in today’s rapidly evolving tech landscape.. See http://www.socaltech.com/calendar/eventid/25272 July 9, Los Angeles -- Big Data Day Los Angeles. Big Data Day LA is the largest of its kind, and completely free, Big Data conference in Southern California. Spearheaded by Subash D’Souza and organized and supported by a community of volunteers, sponsors and speakers, Big Data Day LA features the most vibrant gathering of data and technology enthusiasts in Los Angeles. The first Big Data Day LA conference was in 2013, with just over 250 attendees. We have since grown to over 550 attendees in 2014 and over 950 attendees in 2015. This year we expect to have over 1200 attendees. See http://www.socaltech.com/calendar/eventid/25316 July 11, Irvine -- Expressive Robotics - UCI Summer Academies in the Arts. Program and design in an artistic setting! Collaborate to create robotic projects by stimulating innovation through imaginative thinning. No programming skills required. See http://www.socaltech.com/calendar/eventid/25255 July 20, Santa Monica -- "TED-style" presentation with women entrepreneurs from Vow To Be Chic, TomboyX & Repurpose share their journeys to success. Panel of women leading networking orgs for entrepreneurs discuss how they can help you succeed.. See http://www.socaltech.com/calendar/eventid/25311 ----------------------------------------------------------------------- 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). Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Technical Connections, Inc. (http://www.technicalconnections.com) Successfully connecting Tech Talent with Premier Clients in SoCal for over 30 years. La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator 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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