socaltech.com TechNews - Monday, November 21, 2016 Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------------------------------------------------ Sponsored by:
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Los Angeles-based executive search for emerging growth companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Snapchat's Spectacles Bot Heads To New York City Today --Mast Therapeutics Looks For Buyer --Dexcom Foundation Starts Awarding Diabetes Grants --Hyperloop One Settles Lawsuit With BamBrogan, Others --aTyr Pharma Gets $20M Credit Facility --Renew Finds $3M For Boomer Lifestyle Brand MARKETPLACE --Safire Partners Executive Search --Introducing KeyCloud --Project X – New Design Focused Accelerator in Los Angeles --Pixelgate.net - Internet Access, Web Hosting, Network Services --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators RECENT JOB POSTINGS RECENT FUNDING EVENTS --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- Snapchat's Spectacles Bot Heads To New York City Today ---- Venice, California-based Snapchat is continuing to deploy its Snapbot automated vending machines for its Spectacles across the country, and is currently in New York City, after trips to the Rose Bowl and the Grand Canyon over the weekend. The location in New York City is the first time the "bot" has showed up on the East Coast. Snapchat is moving its Spectacles "Snapbot" vending machine everyday, only letting people find those vending machines on the day that they appear. The "bot" appears to have Los Angeles on its regular visit list, as it appeared first in Venice near Snapchat's headquarters, then in Santa Monica, and then at the USC-UCLA game over the weekend. Mast Therapeutics Looks For Buyer ---- San Diego-based biopharmaceuticals developer Mast Therapeutics announced this morning that it is evaluating "strategic opportunities", and is considering a reverse merger, licensing of its assets, as well as continued clinical development of its lead compound. The company said it received "several written indications of interest" from private held companies in terms of a reverse merger. Mast Therapeutics is publicly traded on the NYSE at MSTX. The company has been investigating drugs for treating heart failure. Dexcom Foundation Starts Awarding Diabetes Grants ---- The Dexcom One Step Ahead Foundation, a new employee foundation run by employees of medical equipment products maker Dexcom said it has awarded the first grants out of the brand new foundation, to five public charity organizations. The foundation said the grants range from $10,000 to $50,000, and go to projects aimed at producing the most sustained benefits to the health and quality- of-life for people living with diabetes. Dexcom is a developer of glucose monitoring devices widely used by diabetes patients. The first few grants went the American Youth Understanding Diabetes Abroad (AYUDA), College Diabetes Network, DiabetesSisters, Riding On Insulin, and Type-1-Today/Children with Diabetes (CWD). Dexcom's employees launched the philantrophy group three months ago. Hyperloop One Settles Lawsuit With BamBrogan, Others ---- Los Angeles-based next generation transportation technology developer Hyperloop One said Friday that it has settled a lawsuit filed by former CTO Brogan BamBrogan and three others. Terms of the settlement were not disclosed. BamBrogan and three other former employees had filed suit against Hyperloop One--as well as a number of board members-- in July, and Hyperloop One had filed its own countersuit against BamBrogan for $250M. aTyr Pharma Gets $20M Credit Facility ---- San Diego-based biotherapeutics developer aTyr Pharma announced this morning that it has received a $20M credit facility. The credit facility came from Silicon Valley Bank and Solar Capital Ltd. Terms of that credit facility were not announced. The company said it will use the funding to pay off existing indebtedness and for general corporate purposes. aTyr Pharma is developing therapeutics addresses severe and rare diseases related to muscular dystrophy and other areas. Renew Finds $3M For Boomer Lifestyle Brand ---- Venice, California-based Renew, which apparently is working on a lifestyle brand aimed at retired baby boomers, disclosed this week that it has raised $3M in a Series A funding. The funding was led by Venrock, and also included Expa, WTI, Madrona, Refactor Capital and angels. The company was founded by Kevin Nazemi and Tony DeGangi. http://www.socaltech.com/renew_finds_3m_for_boomer_lifestyle_brand/s-0068115.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------------------------------- Introducing KeyCloud There’s no reason for business operations to suffer due to legacy technology. Throw it all to the cloud and transform your IT infrastructure to cloud-based, enterprise level software with KeyCloud. KeyCloud offers local enterprise cloud with best-of-breed infrastructure. KeyCloud delivers compute, storage, and network through Infrastructure-as-a-Service (IaaS). KeyCloud offers highly secure virtual and dedicated machines in an environment that enables you to run your apps on our carrier grade datacenter for 99.999 percent uptime. Engineered on a pool of highly redundant servers and storage, KeyCloud is available in custom configurations to rapidly respond to your IT needs. These Cloud services will quickly and dynamically scale as your business needs grow without ever having to worry about hardware infrastructure again. To learn more about KeyCloud, visit http://www.keycloud.com or call (818) 737-2186. ------------------------------ADVERTISEMENT------------------------------- Project X – New Design Focused Accelerator in Los Angeles Launch your next MVP. Be Victorious. Conquer the perils of poorly branded products, semi-good stories, and underwhelming UX/UI front-end design and dev. Project X is a business unit of the Los Angeles based digital agency La Visual. UX/UI strategy, rapid-prototyping and design, world-class branding, product strategy & design, testing, rollout strategies, mentorship, and access to exclusive funding. Don't be shy. Hit us up and we will talk about your next startup. Drop us a line // See how we can help you: [email protected] Check it out here // http://lavisual.com/projectx ------------------------------ADVERTISEMENT------------------------------- Pixelgate.net - Internet Access, Web Hosting, Network Services We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ADVERTISEMENT------------------------------- SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators IP Litigation . IP Transactions . Patent & Trademark Prosecution . 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[email protected] 805-230-1350 www.socalip.com ------------------------------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 11/18/16 PeerStreet $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78547 11/16/16 Mavenlink, Inc. $39.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78541 11/10/16 ReVision Optics $32.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78485 11/08/16 Roofstock, Inc. $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78399 11/08/16 Utegration $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78372 11/03/16 Hollar Inc. $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78297 11/02/16 GoMeta $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78229 11/01/16 Replicated $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78228 11/01/16 Classy $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78224 10/26/16 Mobcrush $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78126 10/24/16 Joymode $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=78104 --------------------------------------------------------------------------- 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 November 22, Los Angeles -- Startup Café. Startups In The Sky. Welcome to the new monthly morning series, "Startup Cafe in DTLA" presented by Startups in the Sky! Select DTLA-dwelling tech and creative entrepreneurs are invited to enjoy breakfast (scones from Sugarbird, fresh fruit, tea & coffee) at the new Industrious LA co-working space. You'll leave caffeinated & educated. You're invited to work at Industrious LA the rest of the day if you're one of the first 50 to RSVP. https://www.meetup.com/Startups-in-the-Sky/events/235362221/ . See http://www.socaltech.com/calendar/eventid/25521 November 28, Los Angeles -- Emotion & Motivation for Digital Behavior Change. In this workshop, you’ll gain a deeper understanding of human-centered design, by learning the neurochemical factors that shape your users’ emotions, motivation, cognition, and behavior. See http://www.socaltech.com/calendar/eventid/25485 December 7, Santa Monica -- Crowd Invest Summit. The first ever Crowd Invest Summit will debut December 7-8, 2016 at the Loews Santa Monica Beach Hotel in Santa Monica, California. The summit will feature a robust agenda spanning a variety of equity crowdfunding themes including investment analysis, marketing strategies, trends and insights from industry experts. See http://www.socaltech.com/calendar/eventid/25327 December 8, Santa Monica -- Crowd Invest Summit. The first ever Crowd Invest Summit will debut December 7-8, 2016 at the Loews Santa Monica Beach Hotel in Santa Monica, California. The summit will feature a robust agenda spanning a variety of equity crowdfunding themes including investment analysis, marketing strategies, trends and insights from industry experts. See http://www.socaltech.com/calendar/eventid/25328 ----------------------------------------------------------------------- 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. 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