socaltech.com TechNews - Monday, July 11, 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. Silicon Valley Bank (http://www.svb.com). Make next happen now. PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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 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. ------------------------------------------------------------------------ --j2 Global Buys Six Companies In Q2 --REC Solar Targets Channel With Solar Power Financing --Teledyne Sells Printed Circuit Board Business --Ingenu Names EVP, CFO --Resonant Buys Swiss Company --OSI Systems Gets $8M Contract --SpaceX Opening Office In Orange County MARKETPLACE --Safire Partners Executive Search --SAM Precellerator Program Now Accepting Applications! --Project X – New Design Focused Accelerator in Los Angeles --Binary Pulse Technology Marketing --Stradling --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Pixelgate.net - Internet Access, Web Hosting, Network Services RECENT JOB POSTINGS --Director of Communication Systems Engineering, Hawthorne, SpaceX --Marketing Manager, Los Angeles, Belkin --Software Engineer, Los Angeles, Factual --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! 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Join today at http://www.socaltech.com/Membership --------------------------------------------------------------------------- j2 Global Buys Six Companies In Q2 ---- Los Angeles-based j2 Global said this morning that it has acquired six companies, all during Q2. j2 Global said it has acquired SMTP, a provider of email marketing services; GameTrailers, a digital media publisher; Publicaster, an email marketing company; Electronic Vaulting Services, a backup services provider; Safebackup, another backup provider, and Ireland-based (More...) http://www.socaltech.com/j_global_buys_six_companies_in_q_/s-0066152.html REC Solar Targets Channel With Solar Power Financing ---- San Luis Obispo-based REC Solar, the developer of commercial solar power systems, said it has expanded a channel partner program, as part of a move to expand its commercial solar business. According to REC Solar, the new program will offer up $225M in power purchase agreement (PPA) funding from Duke Energy for commercial projects ranging from 50kW to 2MW in capacity. REC Solar said it has already launched the program with solar installer Sungevity, a move that was announced in April. The company said that traditionally, its been more difficult to finance small to mid-sized commercial projects. REC Solar split its residential and commercial businesses back in 2014, selling its residential business to Sunrun, and says it is now backed by Duke Energy. http://www.socaltech.com/rec_solar_targets_channel_with_solar_power_financing/s-0066155.html Teledyne Sells Printed Circuit Board Business ---- Thousand Oaks-based Teledyne Technologies said late last week that it has completed the sale of the assets of its printed circuit technology business (Teledyne PCT), to FTG Circuits. The deal was worth $9.3M in cash. Teledyne PCT was based in Hudson, New Hampshire, and had focused on design and manufacturing of rigid-flex printed circuit boards and assemblies used in the defense, aerospace and oil and gas industries. Teledyne said that business generated between $15.0M and $20.0M in annual revenues for each of the last three years. Ingenu Names EVP, CFO ---- San Diego-based Ingenu, a developer of machine-to-machine communications technology, said today that it has named Dan Halvorson as its new Executive Vice President and Chief Financial Officer. Halvorson has previously served as CFO of Novatel Wireless, DivX, and OneRoof Energy, and also served at Dura Pharmaceutical and Alliance Pharmaceuticals. Ingenu said it is developing a low-power, wide area wireless network for the Internet-of-Things (IoT) market; the company said its team previously has served at Verizon and Qualcomm, among other companies. Resonant Buys Swiss Company ---- Goleta-based radio frequency filtering technology developer Resonant has acquired a Swiss company, GVR Trade SA, which provides design and consultation on Surface Acoustic Wave (SAW) and Bulk Acoustic Wave (BAW) devices. The company said it paid $1.1M in stock and cash for GVR Trade, which was owned by Dr. Victor Plessky. Plessky joins the company as Director of Engineering, as will GVR Trade SA's other key technical staff. Resonant said that it has been working with GVR since 2008, collaborating in development of a key components of its products. OSI Systems Gets $8M Contract ---- Hawthorne-based OSI Systems reports this morning that its security division, Rapidscan Systems, has received an $8M contract, for multiple units of its Rapidscan Systems RTT 110 explosives detection systems. The company said the order came from an un-named, major international airport. The company's systems are used for high resolution, 3D inspection of baggage and air cargo. SpaceX Opening Office In Orange County ---- Hawthorne-based SpaceX is opening up a new office in Orange County, in what looks to be an attempt to tap into the area's deep depth of technical talent. According to the OC Register, SpaceX has leased just under 8,000 feet of office space in Irvine, and now is listing jobs for engineering positions in the location, including engineers in the areas of RF integrated circuits and ASIC design. Orange County has a large pool of engineers with similar design experience, drawn from such giants as Broadcom and others in the semiconductor industry. http://www.socaltech.com/spacex_opening_office_in_orange_county/s-0066141.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------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. ------------------------------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------------------------------- 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------------------------------- 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------------------------------- 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------------------------------- 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 Director of Communication Systems Engineering, Hawthorne, SpaceX http://www.socaltech.com/showjob.php?id=5679 Marketing Manager, Los Angeles, Belkin http://www.socaltech.com/showjob.php?id=5678 Software Engineer, Los Angeles, Factual http://www.socaltech.com/showjob.php?id=5677 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 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 07/08/16 Zingle $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=75490 07/05/16 Netki, Inc. $3.6M http://www.socaltech.com/intelligence/?action=showdeal&id=75319 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 --------------------------------------------------------------------------- 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 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 story. See http://www.socaltech.com/calendar/eventid/25332 July 13, Thousand Oaks -- Clean Technology Council. Catalina Sea Ranch–Can Mussel Farms Restore Polluted Coastal Waters? Phil Cruver, CEO, shows how his Catalina Sea Ranch was developed and ways it supports the goals of the National Oceanic and Atmospheric Administration (NOAA) National Shellfish Initiative to increase commercial shellfish aquaculture while improving ecosystem health. Annual U.S shellfish demand is valued at $1 billion and the 40 square miles of U.S. Federal waters located on the San Pedro Shelf are ideal for aquaculture.. See http://www.socaltech.com/calendar/eventid/25349 July 13, Santa Monica -- Building Beautiful Apps in the Mobile Age. General Assembly. Join us for a conversation with Co-Founder and Designer of Dials App, Dante Orpilla on the design process, planning, prototyping, and importance of design in building a beautiful app. What leads to beautifully designed apps and products? It’s rarely a flash of genius. More often than not, great products are the result of a disciplined process far beyond color wheels and pixel placement. What does that process look like?. See http://www.socaltech.com/calendar/eventid/25355 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 today. See http://www.socaltech.com/calendar/eventid/25334 July 16, Los Angeles -- Laurel and Wolf Tech Summit. The Laurel & Wolf Tech Summit brings together engineers and product managers for a day of compelling panels and discussions. Learn about technology, tools, and career development from top industry leaders.. See http://www.socaltech.com/calendar/eventid/25352 July 19, Los Angeles -- IBM Industry Hybrid Cloud Roadmap event. See http://www.socaltech.com/calendar/eventid/25357 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, Irvine -- Tech Panel: Data Science. Join Tech in Motion for a Tech Panel discussion covering Data Science. Free event, great for networking within the community and learning something new. See http://www.socaltech.com/calendar/eventid/25345 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") . See http://www.socaltech.com/calendar/eventid/25335 July 27, San Diego -- MIT Enterprise Forum Wine Social. In just three weeks, we're hosting the best fundraising and networking event of the summer. The 13th annual Wine Social -- now with local craft beer! We've updated and expanded your favorite networking event with over 30 wineries -- many from Napa and Sonoma -- plus local breweries and sodas. The French Gourmet will feature specialty bites to perfectly match all the beverages. You can't top the location at the Birch Aquarium with its’ panoramic views of the ocean and La Jolla. Plus, mingle with top executives in San Diego all while raising important funds. Part proceeds will send a San Diego STEM teacher to learn important skills at MIT Cambridge to share with our local students.. See http://www.socaltech.com/calendar/eventid/25340 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 awards. See http://www.socaltech.com/calendar/eventid/25336 July 27, Pasadena -- HOLLYWOOD MEETS CHINA MEETS TECH. Speakers include: - Hollywood executives doing cross-border China deals - Dealmakers spearheading cross-border Hollywood-China transactions - Venture and angel investors - Founders of Startups and emerging companies in SoCal expanding to China KEYNOTE SPEAKER Henry Hsiao, Emerging Tech Innovations & Strategic Partnerships, Mattel with Rebecca Fannin, Founder/Editor, Silicon Drago. See http://www.socaltech.com/calendar/eventid/25360 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 3, La Jolla -- SDVG Summer Social 2016. Join the party to end the summer with 400+ of your SDVG friends! Spend an afternoon at the beautiful Scripps Seaside Forum and join SDVG for our Summer Social Beer Bash! Sample some of San Diego's best craft brews, along with plenty of great food, wine, spirits, live band, and La Jolla sunset. See http://www.socaltech.com/calendar/eventid/25339 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). 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. 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