socaltech.com TechNews - Monday, August 1, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. ------------------------------------------------------------------------ --SpaceX Wins New Crew Mission To ISS --Bioniz Therapeutics Raises $13M In Funding Round --BIOLASE Raises $10M In PIPE --Sorrento Therapeutics Names New Board Member --Qualcomm Adds New Chinese License With OPPO --Resonant Loses CFO --Factual Joins Advertising Privacy Group --Soylent Co-Founder Faces Criminal Charges Over Derelict Cargo Container MARKETPLACE --Support Our News Coverage - Become A Member Today! --TriNet - HR Services --Project X – New Design Focused Accelerator in Los Angeles --Binary Pulse Technology Marketing --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Safire Partners Executive Search RECENT JOB POSTINGS --Senior Development Engineer with C#, Mission Viejo, EASE, Inc. --Sales Development Representative, Mission Viejo, EASE, Inc. --Senior Product Development Manager, Irvine, Belkin --Director of Communication Systems Engineering, Hawthorne, SpaceX --Marketing Manager, Los Angeles, Belkin --Software Engineer, Los Angeles, Factual RECENT FUNDING EVENTS ------------------------------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. --------------------------------------------------------------------------- SpaceX Wins New Crew Mission To ISS ---- Hawthorne-based SpaceX has just won another mission to the International Space Station, NASA said Friday, to help "restore America's human spaceflight launch capability". (More...) http://www.socaltech.com/spacex_wins_new_crew_mission_to_iss/s-0066469.html Bioniz Therapeutics Raises $13M In Funding Round ---- Irvine-based Bioniz Therapeutics, a company developing biopharmaceuticals aimed at treating immuno-inflammatory diseases and cancer, has raised $13M in a Series A funding. The funding was co-led by Takeda Ventures and former Allergan CEO Dr. David Pyott, and also included Mr. Joe Kiani (CEO of Masimo), and Cota Capital. As part of the funding, Pyott, Ilan Zipkin of Takeda Ventures and Kiani have all joined the company's board of directors. Bioniz said its biopharmaceutical efforts are aimed the discovery and development of first-in-class peptide therapeutics that selectively and simultaneously inhibit multiple cytokines to treat immuno-inflammatory diseases and cancer. http://www.socaltech.com/intelligence/?action=showdeal&id=76155 BIOLASE Raises $10M In PIPE ---- Irvine-based dental laser maker BIOLASE, which trades on the NASDAQ as BIOL, said this morning that it has raised a private placement worth $10M. The funding came from Jack W. Schuler Living Trust, Oracle Partners, L.P. and Oracle Institutional Partners L.P., along with a number of its directors and officers. Biolase said the investors are paying $113.00 per share in stock, for 88,494 shares of its convertible preferred stock. Each share of that convertible preferred stock converts to 100 shares of its common stock, which was last trading at $1.13 per share. Sorrento Therapeutics Names New Board Member ---- San Diego-based biopharmaceuticals developer Sorrento Therapeutics announced this morning that it has named Dr. Yue Alexander Wu to its board of directors. Wu is co-founder, President, Chief Executive Officer and Chief Scientific Officer of Crown Bioscience International. He also served at Starvax Inernational and Burrill 7 Company as an investment banker. The copany said Wu replaces Doug Ebersole, who resigned from the company's board due to personal reasons. Qualcomm Adds New Chinese License With OPPO ---- San Diego-based Qualcomm said on Sunday that it has signed another, 3G/4G license in China, with GuangDong OPPO Mobile Telecommunications Corp. Ltd. According to Qualcomm, OPPO has been granted a patent license develop, manufacture and sell 3G (WCDMA and CDMA2000) and 4G, including 3-mode (LTE-TDD, TD-SCDMA and GSM) complete terminals. Financial impact of the deal were not disclosed. Resonant Loses CFO ---- Goleta-based radio frequency filter developer Resonant said late Friday that its CFO, John Philpott, has left the company. Resonant said Philpott left for "personal reasons", and has been replaced by interim CFO Ross Goolsby, of Bridgepoint Consulting. The firm said it has promoted Lisa Wolf, the company's controller, to the position of VP of Finance, and also launched a search for a new CFO. Factual Joins Advertising Privacy Group ---- Los Angeles-based Factual has joined a group focused on consumer privacy in mobile advertising, the company said last week. According to Factual, it has joined the Network Advertising Initiative (NAI), an association dedicated to responsible data collection and its use for digital advertising. Factual, led by Gil Elbaz, offers up a giant database of location data to publishers, advertisers, and others. Soylent Co-Founder Faces Criminal Charges Over Derelict Cargo Container ---- The co-founder of Los Angeles-based Soylent, which is developing a food replacement drink intended to completely replace the need for eating, has been criminally charged by the Los Angeles City Attorney. (More...) http://www.socaltech.com/soylent_co_founder_faces_criminal_charges_over_derelict_cargo_container/s-0066468.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------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 ------------------------------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------------------------------- 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------------------------------- 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------------------------------- 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------------------------------- 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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Senior Development Engineer with C#, Mission Viejo, EASE, Inc. http://www.socaltech.com/showjob.php?id=5682 Sales Development Representative, Mission Viejo, EASE, Inc. http://www.socaltech.com/showjob.php?id=5681 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 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 08/01/16 Bioniz $13.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76155 07/29/16 Takt $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76152 07/28/16 cloudvirga $7.5M http://www.socaltech.com/intelligence/?action=showdeal&id=76113 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 --------------------------------------------------------------------------- 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 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 proposals. 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 attend. 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 us. 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 August 31, Los Angeles -- The 7th Annual Women in Green Forum. The Women in Green Forum (WIGF) has emerged as the premier conference series highlighting women’s impact on the environmental industry. The 7th Annual Women in Green Forum (WIGF) will convene leaders in the environmental movement, drawing an international audience of sustainability experts including academic researchers, CSR executives, energy analysts, and technology developers. The WIGF also appeals to regulatory agencies involved in developing policies and legislation surrounding green technologies for the private and public sectors. This is an opportunity for sustainability professionals from all sectors to share ideas and create lasting partnerships. More than your average conference, the 2016 WIGF will incorporate keynotes, panels, and interactive workshops around the theme “Business as (Un)Usual: Where Purpose Meets Profit”. In addition to featuring sessions about sustainability in business, throughout the day attendees will have the opportunity to hear from presenters and exhibitors in ‘Work,’ ‘Life,’ and ‘Balance’ themed breakout rooms that call attention to networking and professional skills, personal environmental consciousness, and mind and body wellness. . See http://www.socaltech.com/calendar/eventid/25192 ----------------------------------------------------------------------- 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. 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