socaltech.com TechNews - Wednesday, July 27, 2016
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News
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Sponsored by:

TVC Capital LLC (www.tvccapital.com)
Investments and acquisitions of growing software companies.

Key info (http://www.keyinfo.com)
infrastructure ~ connectivity ~ co-location ~ cloud

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.

------------------------------------------------------------------------

   --Vizio's William Wang Becomes SoCal's Latest Technology Billionaire
   --Influential Raises $5M For Influencer Marketing
   --Western Digital Leads $77M Funding In Personal Storage Service Upthere
   --Qualcomm Agrees To Settle Gender Discrimination Suit For $19.5M
   --eHarmony Founder Neil Clark Warren Steps Down From CEO Post
   --Vizio Acquired By Chinese TV Maker LeEco For $2 Billion
   --Green Commuter Hopes To Use A Tesla Model X Fleet To Get You To
Work In Style
   --Wpromote Buys Standing Dog For Digital Marketing Efforts
   --Demand Media Names Marketing VP
   --SteelHouse Countersues Criteo Over Click Fraud
   --Dropoff Brings Same Day, On-Demand Delivery Services To LA

   MARKETPLACE
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   --Project X – New Design Focused Accelerator in Los Angeles
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   --Support Our News Coverage - Become A Member Today!

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Consultants, Los Angeles, Agility Financial Partners, LLC

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Vizio's William Wang Becomes SoCal's Latest Technology Billionaire
----
The $2 billion acquisition of Irvine-based Vizio on Monday has most
likely resulted in the creation of another, technology billionaire in
Southern California--Vizio founder William Wang. According to
regulatory documents filed by Vizio last year in preparation for an
IPO, Wang owned 54.4 percent of Vizio--or, $1.088 billion. There are
also a number of other executives with major stakes in Vizio who are
probably now multi-millionaires, thanks to the acquisition by Chinese
television maker LeEco. LeEco's CEO, Jia Yueting, happens to also be
behind mysterious Los Angeles electric car startup Faraday Future.
http://www.socaltech.com/vizio_s_william_wang_becomes_socal_s_latest_technology_billionaire/s-0066406.html

Influential Raises $5M For Influencer Marketing
----
Beverly Hills-based Influential, a developer of influencer marketing
software, has raised $5M in a Series A funding, according to the
company. The funding was led by Capital Zed, and also included ROAR,
Paradigm Talent Agency, Europlay Capital Advisors, MSMCi, and Ace
Fund, along with angels Alex Welch, Michael Tedesco, Chris Varelas and
Ivan Brockman. The startup, led by Ryan Detert, says it helps
marketers reach more than 7,000 top influencers on Facebook,
Instagram, Snapchat, Twitter, Vine and YouTube, using artificial
intelligence technology from IBM Watson. The company says it has now
raised a total of $9M. The company says its clients include Hershey's,
Coca-Cola Company, NBC Universal, Nestle, General Mills and Sony
Pictures.
http://www.socaltech.com/influential_raises__m_for_influencer_marketing/s-0066405.html

Western Digital Leads $77M Funding In Personal Storage Service Upthere
----
Irvine-based disk drive and storage products maker Western Digital is
one of the lead investors in a new startup developing personal storage
services and applications. Upthere, which says it has created a new
"operating system" to help users keep, find, and share their files,
photos, videos, music, and more, said it raised $77M in funding, led
by KPCB and Western Digital, and also included Elevation Partners,
Floodgate, GV, NTT Docomo Ventures, and Square 1 Bank. The company is
based in Redwood City.
http://www.socaltech.com/western_digital_leads_77m_funding_in_personal_storage_service_upthere/s-0066408.html

Qualcomm Agrees To Settle Gender Discrimination Suit For $19.5M
----
San Diego-based Qualcomm Incorporated has agreed to pay $19.5M to
settle a class action gender discrimination suit (More...)
http://www.socaltech.com/qualcomm_agrees_to_settle_gender_discrimination_suit_for__9__m/s-0066407.html

eHarmony Founder Neil Clark Warren Steps Down From CEO Post
----
Los Angeles-based eHarmony said on Tuesday that its founder and CEO,
Dr. Neil Clark Warren, has stepped down from his role as CEO.
According to eHarmony, it has named Grant Langston as its new CEO.
Warren remains as Chairman of the board. eHarmony did not say why
Warren decided to step down, however, Langston was part of eHarmony's
original founding team. eHarmony was founded 16 years ago.  eHarmony
offers up a personality-test driven matchmaking service, ultimately
aimed at marriage; the company says that on average, 438 people marry
every day in the U.S. as a result of eHarmony.
http://www.socaltech.com/eharmony_founder_neil_clark_warren_steps_down_from_ceo_post/s-0066409.html

Vizio Acquired By Chinese TV Maker LeEco For $2 Billion
----
Irvine-based Vizio, which makes HDTV and other electronics products,
is in a deal to be acquired by Chinese television maker LeEco, the two
said late Monday, in a deal worth $2 billion. (More...)
http://www.socaltech.com/vizio_acquired_by_chinese_tv_maker_leeco_for__billion/s-0066404.html

Green Commuter Hopes To Use A Tesla Model X Fleet To Get You To Work In Style
----
Tired of commuting to work in that generic looking white van pool? A
new, Los Angeles startup, Green Commuter, says it plans to roll out a
fleet of all-electric, seven-seat Tesla Model X as part of a new
vanpool and car sharing service. (More...)
http://www.socaltech.com/green_commuter_hopes_to_use_a_tesla_model_x_fleet_to_get_you_to_work_in_style/s-0066403.html

Wpromote Buys Standing Dog For Digital Marketing Efforts
----
El Segundo-based digital marketing company Wpromote said on Tuesday
that it has acquired online marketing agency Standing Dog, which
provides search engine marketing, SEO, social media and paid media
services. Financial terms of the acquisition were not disclosed.
Wpromote says it has hired on senior management and more than 70
employees from Standing Dog, which will help boost the company's
annual run rate to $35M this year. Standing Dog was founded in 2005,
and was based in Texas. Wproimte is led by Michael Mothner, and
provides  integrated search, mobile, and social marketing to such
brands as Toyota, Bayer HealthCare, Verizon, Sungard, and many others.
The company said the buy will boost the total number of employees at
Wpromote to 250.

Demand Media Names Marketing VP
----
Los Angeles-based Demand Media said today that it has named Matt
Gehring as the company's new Vice President of Marketing. Gehring was
most recently VP of Marketing for Touch of Modern, and previously
served at Provide Commerce, Marchex, Classmates.com and Musicmatch.
Demand Media said Gehring will be responsible for marketing at its
properties Saatchi Art and Society6.

SteelHouse Countersues Criteo Over Click Fraud
----
Los Angeles-based advertising software developer SteelHouse said this
morning that it has sued French retargeting firm Criteo, claiming
false advertising, intentional interference with contract, intentional
interference with prospective economic advantage and unfair
competition. (More...)
http://www.socaltech.com/steelhouse_countersues_criteo_over_click_fraud/s-0066392.html

Dropoff Brings Same Day, On-Demand Delivery Services To LA
----
Dropoff, an on-demand, same day delivery startup, said today that it
has launched its services in Los Angeles, as the first expansion of
the startup into California. The startup, based in Austin, Texas, says
it is targeting its on-demand delivery service at businesses,
particularly those in the film and television, health care,
professional services, food and grocery, and retail area. Dropoff's
platform includes web and mobile ordering capability, real-time
tracking and confirmation of deliveries, an API for integration with
e-commerce sites, and more. The company says it is targeting the "last
mile" of delivery for businesses.
http://www.socaltech.com/dropoff_brings_same_day_on_demand_delivery_services_to_la/s-0066388.html

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RECENT JOB POSTINGS
More jobs at http://www.socaltech.com/Jobs
Members post jobs for free

Senior Product Development Manager, Irvine, Belkin
http://www.socaltech.com/showjob.php?id=5680

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



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RECENT FUNDING SUMMARY

07/26/16 Scopely                                  $55.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=76023

07/26/16 Kite & Lightning                         $2.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=76022

07/22/16 WASH.IO, INC.                            $8.6M
http://www.socaltech.com/intelligence/?action=showdeal&id=75954

07/21/16 WeDo                                     $1.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=75904

07/20/16 Synthorx                                 $10.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=75858

07/18/16 ZestFinance                              $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=75657

07/13/16 Sienna Biopharma                         $12.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=75648

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



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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 27, Pasadena -- Silicon Dragon LA 2016. Exploring Hollywood-China
Entertainment Deals, Investment & Innovations Featuring 30 speakers from
Alibaba, Dalian Wanda, LeEco, Disney, River Studios, Machinima, Mattel,
DMG, Variety, Wave and more  Program: Panels & Chats with VCs, Innovators,
Dealmakers, Startups, Strategists & Digital Entertainment LeadersNEW . See
http://www.socaltech.com/calendar/eventid/25385

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, Santa Monica -- Day in the Life of a UX Designer. Generaly
Assembly. Curious about the role of Tech's Most Wanted role, User
Experience Designer at different companies? Wondering where most designers
start their careers & why they're the highest demand tech job? Interested
in hearing the diversity of paths & experiences designers take?. See
http://www.socaltech.com/calendar/eventid/25377

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, Santa Monica -- "From The Conceptual To The Successful" The
Israeli Consulate in L.A in collaboration with the Israeli American
Council. Join us for our startup salon event, to connect with some of the
local‪ startup success stories in ‪LA. See
http://israeliamerican.org/los-angeles/iac-events/bina-startup-salon
. See http://www.socaltech.com/calendar/eventid/25380

July 27, Santa Monica -- The HQ Presents: Collaborative Communication.
Bring Authenticity to Networking & Interviews  Join the HQ on Wednesday,
July 27th for an interactive, improvisational workshop to improve your
interpersonal communication skills at networking events and job
interviews.  Facilitator Gillian Bellinger will lead us in a series of
exercises aimed to help interviewees bring authenticity to their
interviewing skills and help hiring managers bring efficacy to their
interview techniques. We will explore unintended messages through body
language, authentic ways to connect, and what it means to really listen.
Not currently interviewing? Apply these techniques to authentically expand
your networkNEW . See http://www.socaltech.com/calendar/eventid/25386

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 28, Los Angeles -- Retirement Success for Women at Any Age! WITI. Join
us as we host a panel of experts who will assist us in navigating the
waters with regard to Financial Planning for the Future. Special attention
will be paid to the unique considerations and concerns women must exercise
to assure themselves of an optimal financially sound future. See
http://www.socaltech.com/calendar/eventid/25361

July 28, Los Angeles -- Startups In The Sky: Music Innovation Summit. See
http://www.socaltech.com/calendar/eventid/25368

July 28, Santa Monica -- Demystifying Data for Business. Data Scientist is
the "sexiest job of the 21st century", according to Harvard Business
Review.  "Big data lives in the cloud. It knows what we do." -
Pointy-haired boss. Despite the hype surrounding big data and where it's
stored, data scientists know that the size of your data doesn't matter.
It's all about what you do with it. This workshop represents the first
step towards improving your data literacy and seeing through the hype and
buzzwords. See http://www.socaltech.com/calendar/eventid/25378

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

July 30, Santa Monica -- Domain Startup Summit. The Domain Startup Summit
was founded by Dwayne Walker and Jason Thompson who combined have
extensive industry experience across Internet technology, startups and
domain branding. 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. See http://www.socaltech.com/calendar/eventid/25369

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

August 10, Thousand Oaks -- Clean Technology Council Summer Mixer. Bring
your friends and join CTC members for loads of fun, games, great food and
drinks (5-6pm earlybird specials!)  Meet Tech Executives, Entrepreneurs,
Inventors, Angel/VC Investors, Joint Venture Partners, Deal Makers, Start
Up Mentors, CTC and 101 Incubator founders. Hear new Fast Pitch and
Kickstarter proposalsNEW . See
http://www.socaltech.com/calendar/eventid/25384

August 10, Santa Monica -- Career Negotiation Strategies. General Assembly.
It pays to be persuasive — especially when it comes to your career.
Negotiation can lead to higher salaries, greater startup equity, and
better titles, yet most of us accept the first offer we get because we
don’t have the skills or strategies to try. Before your next career move,
join General Assembly and The Muse to learn key negotiation strategies you
can take to the table with confidence.. See
http://www.socaltech.com/calendar/eventid/25379

August 12, Santa Monica -- AirMap Developer Conference and Launch Party.
The sky’s the limit when it comes to the potential for unmanned aircraft.
Join us in Santa Monica for a sneak peek of AirMap’s brand new platform,
APIs, and SDK for drones, apps for iOS and Android, and Web. Space is
limited. RSVP to attendNEW . See
http://www.socaltech.com/calendar/eventid/25389

August 18, Irvine -- Tech Panel: DevOps Discussion. Free tech panel
discussion with 3-4 industry-leading professionals and a moderator
covering some of the most pressing topics surrounding DevOps. We will be
covering what the best tools are for DevOps engineers, which cloud
providers are industry leaders and what skill sets are most desirable and
applicable for DevOps engineers. Please join usNEW . See
http://www.socaltech.com/calendar/eventid/25390

August 20, Santa Barbara -- TEDxSantaBarbara. Must apply to attend. See
http://www.socaltech.com/calendar/eventid/25362

August 24, Riverside -- The Roadmap to Commercialization: From Market Entry
Through Exit Strategy. 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/25321

August 24, San Diego -- EvoNexus MarketLink: Huawei. In 2015, Huawei ranked
228th on the Global Fortune 500 based on its revenue which grew by 35%
reaching $60.8 billion USD. Huawei Executives are coming to Irvine on
August 24-25th as part of the EvoNexus MarketLink Program. Selected
companies will have the opportunity to discuss potential business
opportunities with Huawei. Deadline to apply July 22. See
http://www.socaltech.com/calendar/eventid/25358

August 25, San Diego -- EvoNexus MarketLink: Huawei. In 2015, Huawei ranked
228th on the Global Fortune 500 based on its revenue which grew by 35%
reaching $60.8 billion USD. Huawei Executives are coming to Irvine on
August 24-25th as part of the EvoNexus MarketLink Program. Selected
companies will have the opportunity to discuss potential business
opportunities with Huawei. Deadline to apply July 22. See
http://www.socaltech.com/calendar/eventid/25359



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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.

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A Branding, Product Strategy & Rapid Prototyping Accelerator

Email [email protected] for more information about sponsoring this
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