socaltech.com TechNews - Friday, January 27, 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud PricewaterhouseCoopers (http://www.socaltech.com/pwc). Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Virtualitics Raises $3M For AR/VR/AI Startup --Evite Moves Headquarters To Downtown LA --STARZ Rolls Out Amazon Fire TV App --Amgen Gets European Recommendation For Approval For ABP 501 --AnaptysBio Up Slightly In IPO --Core Innovation Capital Announces $100M In Second Venture Capital Fund --Kopari Beauty Gets Private Equity Investment --Report: Keysight Technologies Planning Offer On Ixia --Cedars-Sinai Accelerator Names New Startup Class MARKETPLACE --Stubbs Alderton & Markiles Preccelerator - Apply Today! --Support Our News Coverage - Become A Member Today! --Safire Partners Executive Search --Project X – New Design Focused Accelerator in Los Angeles --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators --Early Stage Commercial Insurance - Pacific Unified Insurance Agency 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. --------------------------------------------------------------------------- Virtualitics Raises $3M For AR/VR/AI Startup ---- Pasadena-based Virtualitics, a new startup which provides data visualization in virtual reality (VR) and augmented reality (AR) environments, and says it uses machine learning and artificial intelligence, has raised $3M in a seed funding round. (More...) http://www.socaltech.com/intelligence/index.php?action=showco&id=52204 Evite Moves Headquarters To Downtown LA ---- Los Angeles-based online invitations service Evite says it has moved its headquarters to downtown Los Angeles, doubling the size of its corporate office. The company, which previously had its headquarters in West Hollywood, said the move goes to accomodate rapid growth at the company. Evite is part of Liberty Interactive. The company says it has moved to a new office in the 600 Wilshire building. The company did not say how much space is has in the new office, but did say it now has a new "virtual reality room" and a content studio where the company can create website, social media and video content. Evite is led by Victor Cho. http://www.socaltech.com/evite_moves_headquarters_to_downtown_la/s-0068934.html STARZ Rolls Out Amazon Fire TV App ---- Beverly Hills-based entertainment company STARZ, which is part of Lionsgate, said on Thursday afternoon that it has launched a new app on Amazon Fire TV. STARZ said its STARZ App gives users access to all of its original series, plus movies and first run films, on Amazon Fire TV and Fire TV Stick. The app requires an existing subscription to STARZ for accessing that content. STARZ also offers similar apps on Xbox One, Apple TV, iOS, Roku, and Android devices. Amgen Gets European Recommendation For Approval For ABP 501 ---- Thousand Oaks-based biotech Amgen announced this morning that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA), has given its ADBP 501 (Biosilmilar Adalimumab) compouned a positive opinion for treatment of certain inflammatory diseases in adults. The company said the CHMP opinion is the first time an adalimumab biosimilar has been recommended for approval in the EU. The compound is being aimed at treating such conditions as rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, and a host of other related inflammatory diseases. Amgen said the next step is review by the European Commission (EC), which has the authority to approve medicines for the European Union (EU). AnaptysBio Up Slightly In IPO ---- San Diego-based AnaptysBio, which develops antibodies for treating inflammation, has raised $75.0M in its IPO, and closed up slightly in its first day of trading on Thursday. Anaptys priced its IPO on Wednesday night at $15.00 per share, at the midpoint of its $14.00 to $16.00 estimated IPO range, and closed the day at $17.00 per share. AnaptysBio is backed by Frazier Healthcare, Novo A/S, Avalon Ventures, Alloy Ventures, Biotechnology Value Fund, HBM Healthcare Investments, and others. The company now trades as ANAB on the NASDAQ Global Select Market. Core Innovation Capital Announces $100M In Second Venture Capital Fund ---- Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York company which (More...) http://www.socaltech.com/core_innovation_capital_announces____m_in_second_venture_capital_fund/s-0068926.html Kopari Beauty Gets Private Equity Investment ---- San Diego-based e-commerce beauty brand Kopari Beauty said this week that it has received a private equity investment from LCatterton, along with celebrities Karlie Kloss, Shay Mitchell, Hilary Duff, Mila Kunis, and Ashton Kutcher. Size of the funding was not announced. Kopari said the growth capital will go towards expansion of its brand, which is centered around the use of coconut oil. Kopari is led by Bryce Goldman. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=80154 Report: Keysight Technologies Planning Offer On Ixia ---- Calabasas-based network testing equipment and software developer Ixia is nearing a deal to be acquired by competitor Keysight Technologies, according to Reuters this week, citing "people familiar with the matter." Terms of the potential bid were not announced, and the report says that Keysight Technologies is not the only bidder on Ixia. Ixia's testing hardware and software is used by network equipment manufacturers, network operators, and others for testing, design, network deployment, and other similar uses. http://www.socaltech.com/report_keysight_technologies_planning_offer_on_ixia/s-0068924.html Cedars-Sinai Accelerator Names New Startup Class ---- The Cedars-Sinai Accelerator Powered by Techstars has announced the next class of startups to join the healthcare accelerator, saying Thursday morning that it has added eight startups to what will be the second class for the program. (More...) http://www.socaltech.com/cedars_sinai_accelerator_names_new_startup_class/s-0068922.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Stubbs Alderton & Markiles Preccelerator - Apply Today! Stubbs Alderton & Markiles, LLP is one of the leading business law firms in Southern California. We pioneered a fixed fee start-up package making the formation and organization of your start-up as seamless as possible. Our Preccelerator® Program is a platform offered to select start-up companies out of our Santa Monica office that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator Program provides these benefits to 5-10 promising young startups. Apply today! http://stubbsalderton.com/preccelerator/ ------------------------------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------------------------------- 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------------------------------- 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------------------------------- 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------------------------------- ------------------------------------------------------------------------ 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 01/27/17 Virtualitics $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80157 01/25/17 Kopari $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80154 01/25/17 Ring FKA Doorbot $109.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80148 01/19/17 TeamDom $1.0M http://www.socaltech.com/intelligence/?action=showdeal&id=79860 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 --------------------------------------------------------------------------- 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 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, TripScope. See http://www.socaltech.com/calendar/eventid/25554 February 8, Thousand Oaks -- New FLOWE Wind Power Tech in SoCal. Clean Technology Council. FLOWE wind power uses spatial design to increase the efficiency of very small vertical turbine arrays. It solves large turbine issues like massive constriction and maintenance costs, increased area needs, eyesore complaints and accidental bird/bat fatalitiesNEW . See http://www.socaltech.com/calendar/eventid/25585 ----------------------------------------------------------------------- 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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