socaltech.com TechNews - Friday, March 10, 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. 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 La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Interview with Robert Blatt, MomentFeed --Esri Wins Oak Ridge National Laboratory --Microsemi Powers Recent Iridium Satellite Launch --CheapAir.com: Bitcoin Sales Up 74 Percent Due To Record High --Snap Opens Bricks And Mortar Spectacles Shop In Venice --AeroVironment Wins EV Charger Deal with Volvo --LA's Olympic Effort Seeks To Tap Into City's Technology Sector To Reach Youth MARKETPLACE --The 14th Annual LAVA Venture Awards Dinner - March 22nd --Recurring Revenue Conference - April 26 -Los Angeles --Square 1 Bank --Oracle --Safire Partners Executive Search --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators RECENT JOB POSTINGS --Associate Recruiter, Los Angeles, Safire Partners RECENT FUNDING EVENTS --------------------------------------------------------------------------- Interview with Robert Blatt, MomentFeed ---- For today's interview, we thought we'd catch up with Robert Blatt, the CEO of Los Angeles-based MomentFeed (www.momentfeed.com), which recently announced a $16.3M funding led by Level Equity. It's been quite a few years since we spoke with the company. What is MomentFeed up to nowadays? Robert Blatt: We say to people that we do customer experience for multi-location brands. What that means, is for companies that have a physical presence in the real world (More...) http://www.socaltech.com/interview_with_robert_blatt_momentfeed/s-0069531.html --------------------------------------------------------------------------- Esri Wins Oak Ridge National Laboratory ---- Redlands-based GIS software maker Esri said on Thursday that it has been selected by Oak Ridge National Laboratory (ORNL), to help support that lab's users. (More...) http://www.socaltech.com/esri_wins_oak_ridge_national_laboratory/s-0069530.html Microsemi Powers Recent Iridium Satellite Launch ---- Aliso Viejo-based semiconductor maker Microsemi's chips are being used in the ten Iridium NEXT satellites that were just launched into orbit by SpaceX, according to Microsemi. According to Microsemi, Iridium NEXT is making use of more than 2,000 Microsemi radiation-tolerant field programmable gate arrays (FPGAs) in its satellite constellation, and over 200,000 Microsemi devices across the entire project. Microsemi also said its commercial FPGAs are also being used by SpaceX, in its launch vehicle. Microsemi says its product catalog includes a significant number of "space-grade" products, including radiation-hardened and radiation-tolerant devices, including diodes, rectifiers, zeners, transient voltage suppressors (TVSs) and MOSFETs, in addition to those FPGAs. CheapAir.com: Bitcoin Sales Up 74 Percent Due To Record High ---- Calabasas-based CheapAir.com, an online travel site which accepts Bitcoin for payment for airplane flights and hotels, said on Thursday that it has seen a surge in purchases using Bitcoin, as the electronic currency hits new highs. According to CheapAir.com, it has seen a 74 percent year-over-year increase in Bitcoin sales over the last six months, which it attributes to the rising value of Bitcoin--eacho of which is now worth over $1270. ChearAir.com has been accepting Bitcoin for the purchase of airfare since November of 2013; the company says it has now processed just short of $15M in Bitcoin payments for flights and hotels since 2013. CheapAir.com is led by CEO Jeff Klee. Snap Opens Bricks And Mortar Spectacles Shop In Venice ---- Los Angeles-based Snap, Inc. has opened up its second, bricks-and-mortar store selling its Spectacles sunglasses, just down the street from its Venice headquarters. The store opened at 1pm on Thursday, closing "at Sunset", with regular hours of 11am to Sunset every day. Snap's Spectacles allow Snapchat users to record short snippets of video, and automatically post them to their account. The company has one other, bricks-and-mortar location, in New York City. Snap, the parent company of Snapchat, just had the biggest IPO in Southern California's history. http://www.socaltech.com/snap_opens_bricks_and_mortar_spectacles_shop_in_venice/s-0069526.html AeroVironment Wins EV Charger Deal with Volvo ---- Monrovia, California-based AeroVironment has been selected by auto manufacturer Volvo Cars, to develop a custom electric vehicle (EV) charging station, the company announced on Thursday. According to AeroVironment, it will develop a custom, global EV charging station for Volvo, to support Volvo's customers in Europe, China, and North America. Financial details of the deal were not announced. AeroVironment said its charging station for Volvo will allow drivers to charge their vehicles up to three times faster than the standard Volvo cordset included with Volvo's XC90 plug-in hybrid. LA's Olympic Effort Seeks To Tap Into City's Technology Sector To Reach Youth ---- Is the key to winning the spot as host of the 2024 Summer Olympics the company's growing technology sector? In a panel on Thursday, LA 2024's Gene Sykes, the head of LA's efforts to win the Olympic Games, says that tapping into LA's growing technology sector is key to helping the Olympics reach the youth market. Sykes, at a panel at the Montgomery Summit in Santa Monica, said that LA's technology industry could be key to helping to attract more youth to sports. Sykes, along with David Hill of Hilly Inc., Adam Miller of Cornerstone OnDemand, and Brian Lee of Honest Company/LegalZoom, said that LA's technology community is particularly well suited to helping the Olympic effort along. Los Angeles is up against Paris, France as host city for the Olympics in 2024. http://www.socaltech.com/la_s_olympic_effort_seeks_to_tap_into_city_s_technology_sector_to_reach_youth/s-0069522.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- The 14th Annual LAVA Venture Awards Dinner - March 22nd The Los Angeles Venture Association (LAVA) will hold its 14th Annual Venture Awards Dinner to recognize Southern California’s best venture-backed companies, and to celebrate the induction of a special guest into the LAVA Hall of Fame. The awards dinner will be attended by over 300 leaders in the Venture Capital community, including CEOs and founders of successful emerging companies. This year honors Jeff Stibel of D&B Credibility. Wednesday, March 22, 2017 5:30pm - 10pm The Fairmont Miramar Hotel, Santa Monica Register today! https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group= ------------------------------ADVERTISEMENT------------------------------- Recurring Revenue Conference - April 26 -Los Angeles Join local entrepreneurs, SaaS innovators, leading VCs, private equity/angel investors April 26, 2017 at the Recurring Revenue Conference (www.recurringrevenueconference.com) presented by Sutton Capital Partners. Whether you are a SaaS or subscription business, or if customer retention is critical to your success, this is the venue to attend. Register at: https://rrc2017.eventbrite.com and use PROMO CODE: SocalTECH for 20% discount. Questions? contact: [email protected] ------------------------------ADVERTISEMENT------------------------------- Square 1 Bank Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets. A full service financial services partner to entrepreneurs and their investors, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Atlanta, Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.square1bank.com, or send an email to [email protected]. ------------------------------ADVERTISEMENT------------------------------- Oracle Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services for small and mid-sized businesses. For more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los Angeles, contact Ryan Mondillo ([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------------------------------- 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------------------------------- ------------------------------------------------------------------------ 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 03/08/17 Virta Health Corp. $37.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81519 03/08/17 iExhale $1.9M http://www.socaltech.com/intelligence/?action=showdeal&id=81517 03/08/17 Alignment Healthcare $115.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81516 03/08/17 Wrapify, Inc. $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81515 03/08/17 Conversion Logic, Inc.FKA Data Cloud $9.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81514 03/06/17 Raken $2.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81466 02/28/17 Tealium Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81135 02/27/17 LEOLABS $4.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81134 02/27/17 Cordial $6.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81132 02/23/17 MomentFeed $16.3M http://www.socaltech.com/intelligence/?action=showdeal&id=81126 02/23/17 AirMap, Inc. $26.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81125 02/22/17 Maple Media $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81063 02/22/17 Tala $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81062 02/21/17 Nimble $12.6M http://www.socaltech.com/intelligence/?action=showdeal&id=80965 02/16/17 Exactuals $10.6M http://www.socaltech.com/intelligence/?action=showdeal&id=80898 02/16/17 Ozobot $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80897 02/15/17 Jecure Therapeutics $20.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80894 02/13/17 8i $27.0M http://www.socaltech.com/intelligence/?action=showdeal&id=80828 02/13/17 Dreamscape Immersive, Inc. $11.4M http://www.socaltech.com/intelligence/?action=showdeal&id=80790 --------------------------------------------------------------------------- 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 March 22, Los Angeles -- Join us at the Pepperdine West Los Angeles Graduate Campus and learn invaluable information about what it means to be an entrepreneur. Breakfast provided. Are you looking to expand your knowledge of new product innovation and commercialization? If the answer is yes then this session is definitely for you! This session breaks down the chaotic product innovation process into three simple sections. These three sections, in priority order are: • Marketing • Technical Feasibility • Protectability A significant portion of this talk covers Marketability, since this is the area where 420f ventures fail for lack of creating a needed product. The talk delves into the 4 Ps of Marketing; Product, Price, Promotion, and Place as well as supporting content. The other two Keys, Technical Feasibility and Protectability, will be covered as well. This talk is particularly suited for those who are looking to expand their knowledge of new product innovation and commercialization. See http://www.socaltech.com/calendar/eventid/25590 March 22, Los Angeles -- The 14th Annual LAVA Venture Awards Dinner. LAVA 14th Annual Venture Awards Dinner. Celebrating 30+ years of service to the Los Angeles Entrepreneurial Community. Featuring Frank Mottek, KNX1070 Business Hour Host as Master of Ceremonies. The Los Angeles Venture Association (LAVA) will hold its 14th Annual Venture Awards Dinner to recognize Southern California’s best venture-backed companies, and to celebrate the induction of a special guest into the LAVA Hall of Fame. The awards dinner will be attended by over 300 leaders in the Venture Capital community, including CEOs and founders of successful emerging companies. 2017 Hall of Fame Honoree - Jeff Stibel.NEW . See http://www.socaltech.com/calendar/eventid/25626 March 22, Los Angeles -- MAKE IT Monthly - From Prototype to Scale: How to Partner with Contract Manufacturers. You have a prototype, but now what? Whether you’ve designed a garment or an electronic device, you can work with contract manufacturers (CMs) to get your product manufactured; find out how. Durolabs founder Michael Corr will provide practical advice for getting your product off the ground. See http://www.socaltech.com/calendar/eventid/25613 April 3, Los Angeles -- Data Center World. Global Conference for data center, facilities and IT professionals. http://global.datacenterworld.com/dcwg17/ . See http://www.socaltech.com/calendar/eventid/25536 April 3, Los Angeles -- HostingCon. See http://www.socaltech.com/calendar/eventid/25540 April 4, Los Angeles -- Digital Summit LA. Event Name: Digital Summit LA Dates: April 4-5, 2017. Brilliant speakers bring phenomenal content on Marketing Strategies, UX & Design, Email, Search, Mobile, Video, SEO and so much more. See http://www.socaltech.com/calendar/eventid/25586 April 4, Los Angeles -- Data Center World. Global Conference for data center, facilities and IT professionals. http://global.datacenterworld.com/dcwg17/ . See http://www.socaltech.com/calendar/eventid/25537 April 4, Los Angeles -- HostingCon. See http://www.socaltech.com/calendar/eventid/25541 April 5, Carlsbad -- ViaSat MarketLink. EvoNexus. ViaSat will be selecting early stage companies that impact technical areas in cybersecurity for potential partnerships. Selected companies will be provided with a private 1-hour meeting with ViaSat executives. There is no fee for this opportunity, simply apply. See http://www.socaltech.com/calendar/eventid/25593 April 5, Los Angeles -- Data Center World. Global Conference for data center, facilities and IT professionals. http://global.datacenterworld.com/dcwg17/ . See http://www.socaltech.com/calendar/eventid/25538 April 5, Los Angeles -- HostingCon. See http://www.socaltech.com/calendar/eventid/25542 April 6, Los Angeles -- Data Center World. Global Conference for data center, facilities and IT professionals. http://global.datacenterworld.com/dcwg17/ . See http://www.socaltech.com/calendar/eventid/25539 April 6, Los Angeles -- HostingCon. See http://www.socaltech.com/calendar/eventid/25543 ----------------------------------------------------------------------- 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. 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) 2017 SOCALTECH LLC. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361 _______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
