socaltech.com TechNews - Wednesday, August 31, 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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. ------------------------------------------------------------------------ --Petnet Finds $10M From Petco For Personalized Pet Feeding Gadget --Bitium Raises $6M More --Prime Focus Technologies Gets Private Equity Investment --ReVision Optics Commercially Launches Vision Correction Products To Market --The Trade Desk Snags Marketing Chief From eBay --Jacobs Buys Technology, Patents From Bayer AG --MindSpark Taps Autistic Individuals For Software Testing Workforce --Sonos Connects With Amazon Echo --Tech Coast Angels: We Have Higher Returns Than Angel Averages --Washio Shuts Down On Demand Laundry Service MARKETPLACE --Technical Connections - Connecting Tech Talent with Premier Clients in SoCal --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --Find Help To Power Your Firm To The Next Level --Pixelgate.net - Internet Access, Web Hosting, Network Services -- Fastener.io - Connecting Publishers and Solutions RECENT JOB POSTINGS RECENT FUNDING EVENTS ------------------------------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 --------------------------------------------------------------------------- Petnet Finds $10M From Petco For Personalized Pet Feeding Gadget ---- Los Angeles-based Petnet, the developer of automated, smartphone connected pet feeding bowls, has raised $10M in a Series A funding, the company Tuesday morning. The funding was led by Petco, and also includes a deal to make the compan's SmartFeeder and SmartBowl products available at that pet retailer. Petnet, led by Carlos Herrera, develops an automated, smartphone-enabled pet feeder which lets its users manage feeding times, feeding amounts, and allows users to monitor their pet's food intake. The company said the funding will go towards further developing its product line, a pet food delivery service, and infrastructure. http://www.socaltech.com/petnet_finds___m_from_petco_for_personalized_pet_feeding_gadget/s-0066934.html http://www.socaltech.com/intelligence/index.php?action=showdeal&id=77057 Bitium Raises $6M More ---- Santa Monica-based Bitium has raised $6M more in funding, for its software development efforts, the company disclosed this morning. The funding came from Polaris Partners as well as other prior investors. Bitium has also previously raised funding from Amplify LA, Double M Partners, Karlin Ventures, Lazerow Ventures, and Resolute.vc. Bitium, led by Scott Kriz, develops software used for managing access to software-as-a-service apps. http://www.socaltech.com/intelligence/?action=showdeal&id=76916 Prime Focus Technologies Gets Private Equity Investment ---- Los Angeles-based Prime Focus Technologies, a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. Prime Focus develops a cloud-based software product aimed at managing the supply chain for the media industry, and says its software is being used by such companies as 21st Century Fox-owned Star India, Novi Digital - Hotstar, Miramax, Disney, Warner Bros., Global Eagle Entertainment, Cricket Australia, CBS Television Studios, 20th Century Fox Television Studios, and many others. The company's CEO is Ramki Sankaranarayanan. The company has a significant presence in India, with headquarters here in Culver City. http://www.socaltech.com/prime_focus_technologies_gets_private_equity_investment/s-0066941.html ReVision Optics Commercially Launches Vision Correction Products To Market ---- Lake Forest-based ReVision Optics, which develops implantable, corneal inlay technology used for vision correction, says it has commercially launched its Raindrop Near Vision Inlay within the U.S. The company said it treated its first patients in Houston and San Antonio, Texas, and in Bloomington, Minnesota on Tuesday. The first use of its corneal inlays were at sites which had previously been part of its clinical trials efforts. ReVision Optics said it plans a broader expansion later this year to new sites. The company's corneal inlay is aimed at correcting near sightedness, or presbyopia. The Trade Desk Snags Marketing Chief From eBay ---- Ventura-based The Trade Desk, which develops an advertising technology platform, says it has appointed Mark Kirschner as its new Chief Marketing Officer. Kirschner was most recently CMO of eBay Enterprise, and also previousl y has been CMO of Rakuten. He also has served at Scholastic Internet Group, MTV, Paramount Interactive and NEC Technologies. Kirschner will be based out of The Trade Desk's New York offices. The Trade Desk recently filed for an IPO. http://www.socaltech.com/the_trade_desk_snags_marketing_chief_from_ebay/s-0066942.html Jacobs Buys Technology, Patents From Bayer AG ---- Pasadena-based Jacobs Engineering Group said this morning that it has acquired the patent rights to a process for removing sulfuric acid from gases from Bayer AG. Financial terms of the technology buy were not announced. Jacobs Engineering said it acquired the BAYQUIK quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG, in a deal that includes all relevant Bayer technical, commercial and market information, plus transition services. MindSpark Taps Autistic Individuals For Software Testing Workforce ---- Santa Monica-based startup MindSpark announced on Tuesday that it is expanding its efforts to provide enterprise level, software testing, tapping into a workforce of employees who are specifically on the autism spectrum. (More...) http://www.socaltech.com/mindspark_taps_autistic_individuals_for_software_testing_workforce/s-0066945.html Sonos Connects With Amazon Echo ---- Santa Barbara-based music systems maker Sonos is getting set to allow its customers to control their speakers with Amazon Echo, the voice-controlled device from Amazon.com, the company said on Tuesday. Sonos showed off its systems being controlled by Amazon Echo in a video released to YouTube on Tuesday morning. http://www.socaltech.com/sonos_connects_with_amazon_echo/s-0066940.html Tech Coast Angels: We Have Higher Returns Than Angel Averages ---- The Tech Coast Angels, Southern California's biggest angel investment group, says its performance record and returns on its investments are higher than the average angel, in nearly all categories, based on a new academic study. (More...) http://www.socaltech.com/tech_coast_angels_we_have_higher_returns_than_angel_averages/s-0066936.html Washio Shuts Down On Demand Laundry Service ---- Santa Monica-based Washio, the venture-backed, on-demand laundry startup, has shut down, according to the company. The company said that it will be shutting down its operations, as of Aug 29., and returning orders to customers. The company did not say why it decided to shut down. Washio had raised around $21.86M in funding, from such investors as A Grade Investments, AME Cloud Ventures, Canaan Partners, Pejman Mar Ventures, Sherpa Ventures, Three Six Zero Group, plus Ashton Kutcher and a large list of other angels. --------------------------------------------------------------------------- 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------------------------------- 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------------------------------- Find Help To Power Your Firm To The Next Level Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here: http://www.socaltech.com/services/Consulting/Business/ ------------------------------ADVERTISEMENT------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- Fastener.io - Connecting Publishers and Solutions Fastener.io is a digital content publishing consultancy founded in 2013 and based in Santa Monica serving both publishers and publisher solutions. http://www.fastener.io ------------------------------ADVERTISEMENT------------------------------- ------------------------------------------------------------------------ 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 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 08/30/16 Petnet $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=77057 08/29/16 GOAT $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=77054 08/29/16 Vroozi $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76960 08/23/16 Singlera Genomics $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76850 08/22/16 Mabvax Therapeutics $9.4M http://www.socaltech.com/intelligence/?action=showdeal&id=76798 08/18/16 Avelas Biosciences $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76744 08/15/16 Firefly Games $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76584 08/12/16 Axiom Materials $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76580 08/12/16 Arrowhead Pharmaceuticals $45.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76579 08/11/16 PureSpectrum $1.6M http://www.socaltech.com/intelligence/?action=showdeal&id=76578 08/11/16 AceBot.ai $0.7M http://www.socaltech.com/intelligence/?action=showdeal&id=76486 08/09/16 NextVR $80.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76421 08/05/16 TheWaveVR $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=76360 08/03/16 Sensay $4.5M http://www.socaltech.com/intelligence/?action=showdeal&id=76250 08/02/16 EVOFEM $25.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76243 08/02/16 StatRad $13.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76228 08/01/16 Aligned Telehealth, Inc. $11.9M http://www.socaltech.com/intelligence/?action=showdeal&id=76174 08/01/16 PacketSled $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76156 08/01/16 Bioniz $13.0M http://www.socaltech.com/intelligence/?action=showdeal&id=76155 --------------------------------------------------------------------------- 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 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 September 4, Los Angeles -- EMX LABOR DAY PARTY @ Tokyo Beat (DTLA). Electronic Music LANEW . See http://www.socaltech.com/calendar/eventid/25428 September 8, Santa Monica -- LA CEOs - Protecting America from Cyber Attack - Walter "Scorpion" O'Brien. The real-life inspiration for the CBS hit show,"Scorpion", Walter O'Brien, will explain how his company applies high IQ, computer science, and artificial intelligence to mitigate risk, avoid cyber threats and solve global problems. This free event is restricted to qualified CEOs & CFOs only. Confirmed RSVP required. No service providers. See http://www.socaltech.com/calendar/eventid/25417 September 13, Santa Monica -- Fireside Chat w/StyleSeat Founder and CEO, Melody McCloskey. Startups Uncensored. This month's Startups Uncensored will be a fireside chat with StyleSeat Founder and CEO, Melody McCloskey, hosted by Comparably Co-Founder and CEO, Jason Nazar. Melody McCloskey, is the Founder and CEO of StyleSeat, the largest online marketplace for the $78b beauty and wellness industry.NEW . See http://www.socaltech.com/calendar/eventid/25427 September 13, Westlake Village -- Jesse Draper, Tech Investor & Creator and Host of Emmy Nominated Series, The Valley Girl Show. Cal Lutheran Center for Entrepreneurship. The Entrepreneur Speaker Series will be held the 2nd Tuesday of every month beginning in September and runs through May 2017. We have an exciting lineup starting with Jesse Draper, creator and host of the 2015 Emmy nominated television series, “The Valley Girl Show”, as well as General Partner of Halogen VenturesNEW . See http://www.socaltech.com/calendar/eventid/25429 September 16, Los Angeles -- Authentic Marketing Conference. Medialeaders. This event will feature 30+ speakers delivering key takeaways in digital marketing. All of the panels will show real tips, tactics and helpful stories that the attendees can use in their field. See http://www.socaltech.com/calendar/eventid/25418 September 16, Los Angeles -- Authentic Marketing Conference – Los Angeles. MediaLeaders. What: One day event with: 8+ panel discussions, 4+ deep-dive breakout sessions, networking with influencers, bloggers and brands who want to develop impactful campaigns. See http://www.socaltech.com/calendar/eventid/25382 September 22, Los Angeles -- TechDay West Coast. TechDay launched with the goal of fostering and highlighting emerging technology. Since it's inception, TechDay has introduced thousands of companies to the public, press, & investing communities. We are proud to bring the largest startup event series in the U.S. back to the West Coast via Los Angeles. Join TechDay for a look in to the future with over 300 of the most innovative tech companies in the world. See http://www.socaltech.com/calendar/eventid/25193 September 22, Los Angeles -- TechDay West Coast. TechDay West Coast has officially opened it’s doors for the 2016 event and it’s destined to be bigger & better than ever! On September 22nd, TechDay will host 300+ of the hottest startups and tech companies for a day to celebrate innovation in technology. TechDay will gather 10,000 attendees including investors, press, influencers, top talent, users, entrepreneurs & many more. See http://www.socaltech.com/calendar/eventid/25216 September 22, Los Angeles -- Digital and Beyond in LA - Forging a Connected South LA. Digital and Beyond in LA. Forging a Connected South LA A fun, entertaining and informative look at what’s happening in LA and the role young adults can play in shaping the future of technology and digital media. We’ll cover Entrepreneurship, Venture Capital, Start Up Life, and Digital Media. Join us for an evening of fun, learning, networking and momentum building. Whether you’re a start up, student, parent, non-profit, executive or young professional, this gathering will help you gain insight in the greater Los Angeles area and the role you can play in shaping the future. . See http://www.socaltech.com/calendar/eventid/25388 September 22, Los Angeles -- Digital and Beyond in LA - Forging a Connected South LA. Digital and Beyond in LA. Forging a Connected South LA A fun, entertaining and informative look at what’s happening in LA and the role young adults can play in shaping the future of technology and digital media. We’ll cover Entrepreneurship, Venture Capital, Start Up Life, and Digital Media. Join us for an evening of fun, learning, networking and momentum building. Whether you’re a start up, student, parent, non-profit, executive or young professional, this gathering will help you gain insight in the greater Los Angeles area and the role you can play in shaping the future. . See http://www.socaltech.com/calendar/eventid/25391 September 22, Los Angeles -- Digital and Beyond in LA. Forging a Connected South LA. Digital and Beyond in LA. Forging a Connected South LA A fun, entertaining and informative look at what’s happening in LA and the role young adults can play in shaping the future of technology and digital media. We’ll cover Entrepreneurship, Venture Capital, Start Up Life, and Digital Media. Join us for an evening of fun, learning, networking and momentum building. Whether you’re a start up, student, parent, non-profit, executive or young professional, this gathering will help you gain insight in the greater Los Angeles area and the role you can play in shaping the future. . See http://www.socaltech.com/calendar/eventid/25399 September 22, Los Angeles -- TechDay West Coast. TechDay is an expo for tech startups that helps them gain exposure to press, investors, early adopters and talent. See http://www.socaltech.com/calendar/eventid/25370 September 23, Northridge -- Valley Hackathon II. The Valley Economic Alliance is hosting Valley Hackathon II on Friday, September 23 from 9am-5pm at Cal State University, Northridge's Grand Salon. Valley Hackathon II is a technology focused event that brings in students from 9th to 12th grade and college who are interested in computer science, web and app development/design, public policy, marketing, government and political science. Valley Hackathon II's challenge and teams will be announced on morning of the event. Winners will be selected by a panel of judges. Teams will be awarded with gifts and opportunities. A continental breakfast and lunch will be provided for participants. Participants are asked to bring laptops with Microsoft Powerpoint installed and a flash drive.. See http://www.socaltech.com/calendar/eventid/25387 ----------------------------------------------------------------------- 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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