socaltech.com TechNews - Wednesday, July 6, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator Technical Connections, Inc. (http://www.technicalconnections.com) Successfully connecting Tech Talent with Premier Clients in SoCal for over 30 years. ------------------------------------------------------------------------ --Netflix, The CW In New Content Licensing Deal --SGN Buys TinyCo For Mobile Games --Electricitybilling.com Debuts New Software --Ignyta Names General Counsel --Lytx Targets Trucking Market With New Partnership --VideoAmp Names Chief Revenue Officer --Readers: Support Our News Coverage, Become A Member Today! --Jukin Media Raises $2.5M More --Hyperloop One Says Helsinki, Stockholm Could Be Only 28 Minutes Apart --Epicor Sold To KKR --Stamps.com Completes $55M ShippingEasy Buy MARKETPLACE --Technical Connections - Connecting Tech Talent with Premier Clients in SoCal --SAM Precellerator Program Now Accepting Applications! --Introducing KeyCloud --Project X – New Design Focused Accelerator in Los Angeles --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators --Stradling --Early Stage Commercial Insurance - Pacific Unified Insurance Agency RECENT JOB POSTINGS --Interim Controller/CFO Consultants and other Accounting/Finance Consultants, Los Angeles, Agility Financial Partners, LLC RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- Support Our News Coverage - Become A Member Today! We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership --------------------------------------------------------------------------- Netflix, The CW In New Content Licensing Deal ---- Netflix, the television and movie-streaming service which has significant operations in Los Angeles, and The CW Network said last night that they are in a new, multi-year content licensing relationship. The two said that the new agreement between the two allows Netflix to remain the exclusive, U.S. subscription television service for previously seasons of scripted series broadcast on the network. Content covered by the series include 'Frequency', 'Supergirl', 'Crazy Ex-Girlfriend', 'Arrow', 'The Vampire Diaries' and 'The Flash', among many others. Financial details of the new licensing deal were not announced. The two have been in a licensing deal over content since 2011. SGN Buys TinyCo For Mobile Games ---- Los Angeles-based SGN the mobile gaming company led by MySpace co-founder Chris DeWolfe, said late Tuesday that it has acquired TinyCo, a San Francisco-based mobile game developer. TinyCo is the developer of the Family Guy and Marvel Avengers mobile games, and was backed by Andreessen Horowitz. Financial details of the acquisition were not disclosed. SGN said that the 125 person team at TinyCo will continue to be led by TinyCo CEO and co-founder Suli Ali. SGN said that TinyCo expects to earn $100 million in revenue this year. http://www.socaltech.com/sgn_buys_tinyco_for_mobile_games/s-0066099.html Electricitybilling.com Debuts New Software ---- Santa Monica-based Electricitybilling.com said today that it has launched a new version of its software, which is used for electricity billing by utilities. According to the company, the new software features such features as HTML invoices, PayPal and Braintree payment integration, a new utility meter reading application for the iPad and iPhone, and third party APIs. Electricitybilling.com set up a new off ice in Santa Monica in March; the company was originally founded in Australia. Electricitybilling.com's CEO is Morgan Duncan. http://www.socaltech.com/electricitybilling_com_debuts_new_software/s-0066097.html Ignyta Names General Counsel ---- San Diego-based biotechnology developer Ignyta has named Dr. Christian V. Kuhlen as its new General Counsel and Secretary, the company said on Tuesday. Kuhlen was previously General Counsel, Vice President and Secretary of Genoptix, where he had been from its IPO until acquisition by Novartis. Kehlen also was previously an attorney at Cooley LLP. Kuhlen replaces Matt Onaitis. Ignyta is developing precision medicine products focused on treating cancer. Lytx Targets Trucking Market With New Partnership ---- San Diego-based Lytx, which develops video-based, fleet- and driver- safety systems, says it has linked up with audio and electronics supplier Pana-Pacific. According to the company, Pana-Pacific is the nation's leading supplier of audio and electronics to commercial vehicle manufacturers, and particularly the heavy truck industry. Financial details of the partnership were not announced. VideoAmp Names Chief Revenue Officer ---- Santa Monica-based VideoAmp, which develops TV and video advertising analytics software, said on Tuesday that it has named Michael Parkes as its new Chief Revenue Officer. Parkes was most recently SVP of Sales at Amobee, and also served at the same position at Adconion Direct. Parkes has also served at eType and CNET Networks. Parkes is the company's first Chief Revenue Officer, and will be responsible for revenue generation and scaling the sales organization, according to the company. VideoAmp is led by Ross McCray. Jukin Media Raises $2.5M More ---- Los Angeles-based Jukin Media has just raised $2.5M more, according to a regulatory filing from the company, in the form of debt funding. No details on the new funding for the company have yet been announced. Jukin Media finds and licenses viral, video content on the web, which it then provides to both online and traditional media sources; the company has previously raised funding from Samsung Venture Investment Corporation, Maker Studios, Bertelsmann Digital Media Investments (BDMI), along with others. http://www.socaltech.com/intelligence/?action=showdeal&id=75302 Hyperloop One Says Helsinki, Stockholm Could Be Only 28 Minutes Apart ---- Los Angeles-based technology developer Hyperloop One, which is developing technology to bring Elon Musk's concept of a giant, pneumatic tube to transport people and cargo from city-to-city to life, says it has just released a new study. (More...) http://www.socaltech.com/hyperloop_one_says_helsinki_stockholm_could_be_only_8_minutes_apart/s-0066087.html Epicor Sold To KKR ---- Epicor, the enterprise software development firm which has significant operations in Orange County, has been sold to private equity investor KKR, the company announced Tuesday morning. Financial terms of the sale were not announced. Epicor had been in the hands of another, private equity investors--Apax Partners. Apax had put Epicor up on the block in June, its second attempt to sell Epicor to a buyer. Stamps.com Completes $55M ShippingEasy Buy ---- El Segundo-based Stamps.com said late last week that it has completed its acquisition of ShippingEasy, a developer of web-based, shipping software for online retailers. The deal was worth $55M in cash, and had been announced in June. ShippingEasy had been one of Stamps.com's primary competitors in serving e-commerce providers. http://www.socaltech.com/stamps_com_completes___m_shippingeasy_buy/s-0066078.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------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------------------------------- SAM Precellerator Program Now Accepting Applications! Stubbs Alderton & Markiles, LLP is one of the leading business law firms in Southern California. We pioneered a fixed fee start-up package making the formation and organization of your start-up as seamless as possible. Our Preccelerator® Program is a platform offered to select start-up companies out of our Santa Monica office that provides interim office space and sophisticated legal services, with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides free co-working space and other perks for 5-6 promising young startups. The perks include: Free 24/7 access to our co-working space on a rolling basis, including free wireless access to the Internet and access to conference rooms for meetings and presentations Access to real-time legal advice and transactional legal services on site (under our standard engagement and/or fee arrangements) Access to in-house educational workshops and activities Access to our extensive network of mentors Perks package worth approximately $150K! For more information about the Preccelerator Program, visit http://www.preccelerator.com or contact Heidi Hubbeling at (310) 746-9803 or [email protected] ------------------------------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------------------------------- SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.com ------------------------------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------------------------------- Early Stage Commercial Insurance - Pacific Unified Insurance Agency We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [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 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 Director of Talent, Marina Del Rey, Vision Fleet http://www.socaltech.com/showjob.php?id=5670 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 06/30/16 ProducePay $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=75213 06/30/16 ALL DEF DIGITAL $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75211 06/30/16 BandwidthX $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75212 06/27/16 Thrive Market $111.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75148 06/24/16 Reflexion Health $18.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75093 06/22/16 Processing.com $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75040 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 --------------------------------------------------------------------------- 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 July 6, Los Angeles -- Cross Campus LA Launches. See http://www.socaltech.com/calendar/eventid/25331 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 11, San Luis Obispo -- TechAntiques Road Show. Softec. Next week at TechBrew, we are hosting and event that highlights you, our members, and your history with technology. Dubbed the TechAntiques Road Show, we are asking you to dust off your electronic fossils and share them with us. If the item is too big, or something you just worked with in the past, as long as you have a photo, we want to hear your storyNEW . See http://www.socaltech.com/calendar/eventid/25332 July 15, Los Angeles -- Mid-Year Economic Forecast. LABJ. Please join the Los Angeles Business Journal and San Fernando Valley Business Journal as we present our 2016 Mid-Year Economic Trends and Forecast. Our panel of regional experts from key industries in Southern California will take a look back at the first half of 2016, discuss the economic trends affecting the remainder of the year, and share their insights on where they feel the market is headed. Don’t miss this opportunity to be a part of the conversation. See http://www.socaltech.com/calendar/eventid/25325 July 15, San Diego -- Office Hours @ CONNECT with Stradling. As a service to San Diego startup companies, CONNECT is partnering with Stradling, a full-service business law firm with broad resources to support the specific needs of emerging growth companies. Attorney Amit Singh will be in the CONNECT office on July 15 for private, pro bono meetings with entrepreneurs. Need a trained legal brain on an issue? Schedule a meeting todayNEW . See http://www.socaltech.com/calendar/eventid/25334 July 19, Beverly Hills -- Women in LAVA & Golden Seeds Investor Night. Women in LAVA and Golden Seeds are excited to invite female founders (and companies with women in the C-Suite) seeking funding, to apply to an exclusive event with angel investors. This evening will provide a unique opportunity to meet and pitch key investors from the Golden Seeds network. Golden Seeds, one of the nation's most active early-stage investment firms, is focused on the vibrant opportunities of women-led businesses. Email Women In LAVA Committee [email protected] . See http://www.socaltech.com/calendar/eventid/25333 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 July 21, Santa Monica -- LA CEOs. LA CEOs Presents: "What Really Matters? A Practical Guide to Contract Negotiations." There are two terms/conditions litigated more than any other in all contracts. Come learn what they are and how to position your company to avoid litigation and prevail. Our discussion will be led by Bryan Cave, Partner Andrew Klungness. This FREE event is restricted to qualified CEOs & CFOs only. Confirmed RSVP required. No service providers. See http://www.socaltech.com/calendar/eventid/25318 July 26, Newbury Park -- BioScience Alliance Backyard BBQ! Summer is here and since BSA’s goal is to stay connected with the community; we are planning a summer barbeque ("BSA Backyard BBQ") NEW . See http://www.socaltech.com/calendar/eventid/25335 July 27, Riverside -- The Roadmap to Commercialization: Confirming Your Product. 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 Strategy. See http://www.socaltech.com/calendar/eventid/25320 July 27, Thousand Oaks -- 2nd Annual State of 805 Tech, Awards and Investor Panel! Please nominate members of the startups community for the awardsNEW . See http://www.socaltech.com/calendar/eventid/25336 July 28, Los Angeles -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products,videos, online demos. See http://www.socaltech.com/calendar/eventid/25264 July 30, Santa Monica -- Domain Startup Summit. Domain Startup Summit was established to unite the startup, domain branding and investment industries. This unified event platform will provide up-to-date industry information and partnerships that allow entrepreneurs to brand, develop and launch successful businesses. Domain Startup Summit 2016 is this summer’s #1 meeting place in Santa Monica, California to connect with investors, thought leaders, startups and the domain industry. Join us at the beautiful Cross Campus on July 30th and together we’ll inspire each other to take our business ideas and partnerships to the next level. See http://www.socaltech.com/calendar/eventid/25232 August 1, 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 thinking. No programming skills required. See http://www.socaltech.com/calendar/eventid/25256 August 4, Irvine -- OCBC 2016 Economic Development Forum. Are you ready for social solutions to economic challenges? And what is government’s role in the new economy? Join OCBC for the 2016 Economic Development Forum, Innovating Businesses: The Sharing Economy. We’ll delve into the industries most affected by the rise of the sharing economy and understand how residents, local government, and traditional and non-traditional businesses can work together moving forward. The event will feature OCBC’s Dr. Wallace Walrod, who will provide a snapshot of the sharing economy locally, as well as panelists from UBER, LYFT, WeWork, and Airbnb (invited)NEW . See http://www.socaltech.com/calendar/eventid/25337 ----------------------------------------------------------------------- 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. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/mailman/listinfo/socaltech 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
