socaltech.com TechNews - Wednesday, January 18, 2017 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). Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --OroCommerce, Founded by Magento's Founders, Launches Ecommerce Platform --FTC Charges Qualcomm With Anticompetitive Practices --Numecent Swaps CEO --Mitu, Major League Baseball In Latino Content Deal --AnaptysBio Sets Estimated IPO Pricing Range --Bringhub Finds Funding From Asian Investor --Qualcomm-backed Zoom Video Communications Gets $100M From Sequoia --GumGum Names Sports Division Head MARKETPLACE --Early Stage Commercial Insurance - Pacific Unified Insurance Agency --La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator --Binary Pulse Technology Marketing --Introducing KeyCloud RECENT JOB POSTINGS --Associate Recruiter, Los Angeles, Safire Partners RECENT FUNDING EVENTS ------------------------------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. --------------------------------------------------------------------------- OroCommerce, Founded by Magento's Founders, Launches Ecommerce Platform ---- West Hollywood-based OroCommerce, a new startup founded by Magento's Yoav Kutner and Roy Rubin, said today that it has launched a new e-commerce platform specifically aimed at B2B e-commerce. The new software is epcifically aimed at helping companies manage corporate accounts and buyer-seller relationships, managing price lists and catalogs, automating business workflows, and more, according to the company. OroCommerce also says it integrates with existing ERP, CRM, and product information software and tools. Kutner and Rubin were behind the creation of the immensely successful Magento e-commerce engine, which was acquired by eBay back in 2011. http://www.socaltech.com/orocommerce_founded_by_magento_s_founders_launches_ecommerce_platform/s-0068795.html FTC Charges Qualcomm With Anticompetitive Practices ---- The Federal Trade Commission has charged San Diego-based Qualcomm with using anticompetitive tactics to maintain its monopoly in baseband processors used in cell phones, the FTC announced on Tuesday, specifically citing Qualcomm's licensing behavior with Apple. (More...) http://www.socaltech.com/ftc_charges_qualcomm_with_anticompetitive_practices/s-0068793.html Numecent Swaps CEO ---- Irvine-based cloud application delivery technology developer Numecent has swapped CEOs, saying on Tuesday that it has appointed co-founder and Chief Technology Officer Arthur Hitomi to the position of President and CEO of the company. Hitomi replaces Tom Lagatta. Numecent did not mention Lagatta by name, nor did it explain why Hitomi is taking over as President and CEO of the company. Numecent's technology is used to turn Windows applications into cloud software. Mitu, Major League Baseball In Latino Content Deal ---- Los Angeles-based mitu, the venture-backed, Latino-focused online content network, and Major League Baseball, said on Tuesday that the two are in a new content campaign targeted at delivering MLB content to multicultural youth. According to the two, MLB and mitu will produce exclusive digital content which will feature star Latino baseball players, and appear across both mitu and the MLB's distribution channels. Financial details of the deal were not announced. The two said the effort will "celebrate the enthusiasm of a new and diverse generation of MLB fans and players". mitu is led by Roy Burstin and venture backed by Upfront Ventures, WPP, AwesomenessTV, and Verizon Ventures; the company says it has an audience of nearly 100 million people in the US each month. AnaptysBio Sets Estimated IPO Pricing Range ---- San Diego-based AnaptysBio, which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 per share. The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. The IPO follows one of the most active IPO and mergers and acquisitions years for Southern California last year, in 2016, and comes ahead of an anticipated IPO announcement for Venice-based Snap, Inc. as early as Thursday. http://www.socaltech.com/anaptysbio_sets_estimated_ipo_pricing_range/s-0068786.html Bringhub Finds Funding From Asian Investor ---- Los Angeles-based Bringhub, a developer of software for matching editorial content to contextually-relevant e-commerce products, has received a strategic investment from Asian investor Integrated Asset Management (Asia) Limited. Bringhub said that Integrated Asset Management (Asia) Limited (IAM) is the majority shareholder of Forbes Media. Size of the investment was not announced. Bringhub is led by CEO and co-founder Dominik Pantelides. The company said its platform helps digital publishers, by monetizing editorial content--letting retailers promote products within contextually relevant, editorial content on such sites as NBC'ss TODAY, InStyle, StyleCaster, AOL, Saveur, Motorcycle Cruiser, Field & Stream, and others. http://www.socaltech.com/bringhub_finds_funding_from_asian_investor/s-0068785.html Qualcomm-backed Zoom Video Communications Gets $100M From Sequoia ---- Zoom Video Communications, a provider of cloud-based video conferencing and online meeting software which is backed by San Diego-based Qualcomm, has has raised $100M in a Series D funding. Qualcomm Ventures was the first non-angel investor in Zoom Video back in 2013. Carl Eschenbach of Sequoia has joined Zoom's board as part of the funding, and Zoom has now raised $145.5M in total. http://www.socaltech.com/intelligence/?action=showdeal&id=79803 GumGum Names Sports Division Head ---- Santa Monica-based GumGum, which is developing computer vision software applied to online advertising and media, said today that it has named Ryan Mosher as its new Executive Director of GumGum Sports. GumGum Sports focuses on sports sponsorships with brands. Mosher will be based in Chicago. Mosher was most recently Senior Director of Marketing and Commercial Solutions at Nielsen Sports, and also served atIMG College, International Speedway Corporation, and Watkins Glen International. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------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------------------------------- La Visual - A Branding, Product Strategy & Rapid Prototyping Accelerator Local branding agency launches a new design-centric accelerator program. We help you streamline the launch of your startup by offering world-class branding, product strategy, user-experience design, rapid-prototyping technology, mentorship, and access to early stage investment all under one roof! Contact us to setup a meet and greet today. Contact: Braven Greenelsh CEO [email protected] [email protected] Direct: 323-924-8847 | Studio: 818-824-6430 | Fax: 888-763-7412 Website: http://Lavisual.com Linkedin Profile: www.linkedin.com/in/braven ------------------------------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------------------------------- 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------------------------------- ------------------------------------------------------------------------ RECENT JOB POSTINGS More jobs at http://www.socaltech.com/Jobs Members post jobs for free Associate Recruiter, Los Angeles, Safire Partners http://www.socaltech.com/showjob.php?id=5684 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 ------------------------------------------------------------------------ RECENT FUNDING SUMMARY 01/16/17 SPACES $6.5M http://www.socaltech.com/intelligence/?action=showdeal&id=79800 01/13/17 Element Analytics $7.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79729 01/10/17 MobileCause, LLC $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79361 01/09/17 SnapMD, Inc. $1.8M http://www.socaltech.com/intelligence/?action=showdeal&id=79356 01/05/17 Avidity NanoMedicines LLC $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79350 01/05/17 Molecular Stethoscope $8.2M http://www.socaltech.com/intelligence/?action=showdeal&id=79349 01/05/17 Neurelis, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79348 01/04/17 Magento, Inc. $250.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79268 12/20/16 Appetize $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79139 12/20/16 eSUB Construction Software $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79135 12/19/16 Grab Green $2.5M http://www.socaltech.com/intelligence/?action=showdeal&id=79133 12/19/16 Kyriba $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79132 --------------------------------------------------------------------------- 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 January 18, Woodland Hills -- Vision Workshop- 3 Keys To Accelerating Your Results. SCQAA-SF. We are back with an exciting topic- Vision Workshop- 3 Keys To Accelerating Your Results. During this dynamic and fun training you will have an opportunity to define, design, and experience your dream – and receive the blueprint for how to turn your greatest possibility into your realityNEW . See http://www.socaltech.com/calendar/eventid/25553 January 18, Torrance -- South Bay Monday Club. Email [email protected].. See http://www.socaltech.com/calendar/eventid/25552 January 19, El Segundo -- SplashX LA. On Thursday, January 19, SplashX LA will present local entrepreneurs, media, civic leaders and world-class investors representing more than $10M of capital under management at the cozy TechStyle Fashion Group HQ in El Segundo, CA SplashX is a short and sweet 3-hour twilight tech talk and mixer, where valuable lessons and inspirations are shared by influential leaders in innovation. This first SplashX LA is focused on "Joy Ventures" – trendsetting companies with products and services that delight us. Splash Talks and Splash Chats are 20 minutes of pure, raw wisdom about fundraising, building, and scaling a startup, presented by visionary Founders and CEOs who have successfully raised $10M+ in funding. A 10-minute Q&A proceeds each Splash. This unique salon-style evening is an exciting opportunity to learn and mingle with entrepreneurs, inventors, and investors in an intimate environment. See http://www.socaltech.com/calendar/eventid/25550 January 21, Pasadena -- Caltech Entrepreneurs Forum - Aerospace. Our Southern California Aerospace landscape has been revitalized. With major new players as well as established companies expanding development and manufacturing, a renewed vibrancy offers a turf for entrepreneurship at all levels, especially with the US Government pushing traditional primes and sub-primes to turn to new technologies and sourcing for defense and commercial applications. Our program will look at these changes and opportunities they are creatingNEW . See http://www.socaltech.com/calendar/eventid/25566 January 21, Encino -- First Time Entrepreneurs Workshop. LAVA. At the workshop you will learn how to: Determine the value of your company, put together a capitalization table, understand how VCs screen potential investments, understand the differences between trademarks, copyrights and patents and when you need them, work with co-founders, and network at startup events -- the right way.NEW . See http://www.socaltech.com/calendar/eventid/25574 January 21, Pasadena -- Aerospace and Defense: Finding and Funding Opportunities for Entrepreneurs in Southern California. Caltech Entrepreneurs Forum. From small sat’s and drones to headline-making rocketry by the “big guys,” our Southern California Aerospace landscape has been revitalized. With major new players as well as established companies expanding development and manufacturing, a renewed vibrancy offers a turf for entrepreneurship at all levels, especially with the US Government pushing traditional primes and sub-primes to turn to new technologies and sourcing for defense and commercial applications. Our program will look at these changes and opportunities they are creating. See http://www.socaltech.com/calendar/eventid/25518 January 21, Santa Monica -- 500 Startups Unity and Inclusion Summit (Los Angeles) -- Diversity in Tech. Join 500 Startups on Jan 21, 2017 from 8:00am-7:00pm at a one-day event bringing together entrepreneurs, investors and the tech community to talk about the current state and future of diversity & inclusion (across ethnicity, gender, sexuality, and lifestyle) in techNEW . See http://www.socaltech.com/calendar/eventid/25556 January 22, Los Angeles -- Application Deadline: Hardware Cup West Coast Regionals. Win $50,000 to grow your hardware startup! Any early-stage startup that builds a physical product is eligible to apply. Deadline for West Coast Regional is 1/22. 6 teams will be selected to pitch at Solidworks World on 2/7 for regional prizes and a chance to compete for $50,000 investment at national finalsNEW . See http://www.socaltech.com/calendar/eventid/25577 January 23, Santa Monica -- LA Advertising Professionals. Mix, mingle, and network with other advertising professionals. Find partners, meet new people, and do dealsNEW . See http://www.socaltech.com/calendar/eventid/25576 January 24, Santa Monica -- LA Fintech Mix Mingle Network. Come mix and mingle with other Financial Technologist's Tues January 24. Learn about the newest and fastest changes going on in financial technology. Finance is undergoing a massive change some call the "financial paradigm". Laws from 1930-1940 (old right?) are getting broken down with technological innovation in finance. Find partners, talk about your project, bounce ideas, discover LA FintechNEW . See http://www.socaltech.com/calendar/eventid/25575 January 25, Los Angeles -- Direct-to-Consumer Packaging: Delighting Customers in a New Era of Retail. For product entrepreneurs, designers, and manufacturers: the first MAKE IT IN LA event for 2017! E-commerce has quadrupled in the past decade and direct-to-consumer has become a key sales channel for products. Packaging is democratic, meaning small companies can look as good as the big guys. Are you crafting a memorable experience for your brand? Design a consumer experience that goes beyond the product to delight the customer with every delivery. Learn how, starting with a tour of Lumi's packaging facility, a practical talk from CEO Jesse Genet, networking with other entrepreneurs, and refreshments provided by Califia Farms and LumiNEW . See http://www.socaltech.com/calendar/eventid/25581 January 26, Culver CIty -- Technology Trends, Fast Growth Areas – How to Leverage Trends for Career Advancement. AITP – Los Angeles Presents: A panel of IT Hiring Professionals will discuss trends they see, and how these affect current and future demand for jobs in the marketplace. The emphasis is on IT employment trends and hiring challenges – the impact of Silicon Beach, attracting people that are the right fit, the push and pull of outsourcing vs. insourcing, contract vs. permanent employment dynamics. Date: 1/26/2017 Location: Courtyard by Marriott – LA Westside, 6333 Bristol Parkway, Culver City 90230NEW . See http://www.socaltech.com/calendar/eventid/25578 January 26, 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.NEW . See http://www.socaltech.com/calendar/eventid/25558 January 26, Santa Monica -- SAM Preccelerator Program Presents: "How to Network for Capital" with Len Lanzi. This session will focus on techniques and ways to network in the VC and Angel Community. We will interact and share best practices on business development and promoting your start-up. See http://www.socaltech.com/calendar/eventid/25546 January 26, Santa Monica -- SAM Preccelerator Program Presents. This session will focus on techniques and ways to network in the VC and Angel Community. We will interact and share best practices on business development and promoting your start-upNEW . See http://www.socaltech.com/calendar/eventid/25571 January 26, Irvine -- Digital Marketing Bootcamp. SIIA and TCOSC is kicking off its Boot Camp Series in Irvine, CA. The one-day boot camp, will discuss the absolute essentials of digital marketing and effective strategies for growth. Sessions will focus on data, technology, social media, email and content marketing. Join us January 26 Irvine, CA. Use promotion code BCPTNR to get the TCOSC member rate (a $200 savings). See http://www.socaltech.com/calendar/eventid/25545 January 26, Los Angeles -- LA Tech Job Fair. Please join the Office of Los Angeles Mayor Eric Garcetti and the City's Entrepreneur in Residence Jason Nazar, for one of the City's largest Technology Job Fairs taking place on Thursday, January 26th from 11-8pm at The Reef in Downtown Los Angeles. The fair will feature 200+ of LA's premier technology companies looking to hire great candidates in engineering, marketing, sales, and more. TechFair LA will feature a variety of expert speakers, access to the best tech companies in Los Angeles,and keynotes from the Mayor of Los Angeles as well as high profile CEOs and figures in the LA tech community.. See http://www.socaltech.com/calendar/eventid/25548 January 31, Santa Monica -- 30 Under 30: Los Angeles. Another year of Forbes 30 Under 30, and another group of awesome LA founders getting global attention. We're celebrating and highlighting some of the recent selections with an evening event at Cross Campus Santa Monica. We'll host a panel of recent 30 Under 30 winners who will share what it takes to rise above the noise, and offer tips for chasing this particular honor. Moderated by Katelyn O'Shaughnessy, Founder, TripScopeNEW . See http://www.socaltech.com/calendar/eventid/25554 ----------------------------------------------------------------------- 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 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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