socaltech.com TechNews - Wednesday, March 15, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies Binary Pulse Technology Marketing (http://www.binarypulse.com). We Create Demand for California's Technology Companies. Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------------------------------------------------ --Rubicon Project Names New CEO --Los Angeles Cleantech Incubator Aims At Diversity, Inclusion With New Effort --Zadara Storage Links With Tech Data For Channel Efforts --Digital Domain Names North American CEO --Envy Launches Tinder For Products, Services --ObEN Gets Backing From SoftBank Ventures Korea --Watertower Ventures Raises $5M Investment Fund MARKETPLACE --Binary Pulse Technology Marketing --Introducing KeyCloud Backup and Recovery as a Service (BRaaS) --Recurring Revenue Conference - April 26 -Los Angeles --Square 1 Bank --Introducing KeyCloud Backup and Recovery as a Service (BRaaS) --Oracle --Early Stage Commercial Insurance - Pacific Unified Insurance Agency RECENT JOB POSTINGS --Associate Recruiter, Los Angeles, Safire Partners RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- Steering Company Culture During Growth - March 16 Join the Preccelerator® Program for this exclusive event! "Steering Company Culture During Growth" According to Inc. Magazine, 75% of the CEOs of privately held, high-growth companies that they surveyed, they said the hardest thing about managing a growing workforce is “maintaining company culture.” THURSDAY MARCH 16TH 2017 5:30pm-8:00pm **Food, Drinks & Networking Included!** Featuring Sue Funkhouser, Managing Principal, Pinwheel Performance Register today! https://www.eventbrite.com/e/steering-company-culture-during-growth-with-sue-funkhouser-tickets-32443397074 --------------------------------------------------------------------------- Rubicon Project Names New CEO ---- Los Angeles-based online advertising exchange operator Rubicon Project announced Tuesday afternoon that it has named Michael Barrett as CEO, replacing founder and CEO Frank Addante. (More...) http://www.socaltech.com/rubicon_project_names_new_ceo/s-0069577.html Los Angeles Cleantech Incubator Aims At Diversity, Inclusion With New Effort ---- The Los Angeles Cleantech Incubator (LACI), the nonprofit incubator which helps to support clean technology startups in Los Angeles, is making a push to increase diversity and inclusion in the cleantech sector, the incubator said Tuesday. (More...) http://www.socaltech.com/los_angeles_cleantech_incubator_aims_at_diversity_inclusion_with_new_effort/s-0069580.html Zadara Storage Links With Tech Data For Channel Efforts ---- Irvine-based storage-as-a-service provider Zadara Storage said on Monday that it has inked an agreement with technology distributor Tech Data Corporation. According to Zadara, Tech Data will offer up its services to its channel partners worldwide, through its Avnet Cloud Marketplace. Zadara's storage-as-a-service offering lets users connect to both cloud, on-premise, or hybrid storage setups using such protocols as FC, iSCSI, iSER, NFS, CIFS, S3, Swift. Digital Domain Names North American CEO ---- Playa Vista-based visual effects and virtual reality content developer Digital Domain has named Amit Chopra as CEO for North America. Chopra was already Executive Director and Chief Operating Officer at the company. Digital Domain said the appointment comes as the company is seeking to capitalize on emerging opportunities for visual effects, virtual reality (VR) production and original immersive content. Envy Launches Tinder For Products, Services ---- San Diego-based startup Envy has launched a new, visual search engine, which takes Tinder's swipe left and swipe right approach to the world, to reviewing products and services. (More...) http://www.socaltech.com/envy_launches_tinder_for_products_services/s-0069575.html ObEN Gets Backing From SoftBank Ventures Korea ---- Pasadena-based ObEN, which develops virtual reality avatar technology, has scored funding from SoftBank Ventures Korea, SoftBank said this morning. Size of the investment was not announced. SoftBank Ventures Korea said the investment came via its SB Next Media Innovation Fund. ObEn, led by Nikhil Jain, develops software which allows users to take a selfie and voice recording, and turns that into a photo-realistic, virtual reality version of a human. SoftBank says it will help link ObEn into its global network, to connect with major players in the space domestically and overseas, with the funding also going towards market research and outreach. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=81710 Watertower Ventures Raises $5M Investment Fund ---- Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. The fund, led by longtime technology advisor Derek Norton, is backed by a long list of local LPs from the digital media, entertainment, and technology areas. Norton said the fund will invest $100,000 to $500,000 in startups, and will invest in what it calls "first insitutional capital" fundings, right after friends and family investments. Norton is head of digital media and technology advisory firm Watertower Group. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------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 Backup and Recovery as a Service (BRaaS) Let’s face it - backups are generally a thankless job and the consequences for getting it wrong can be grave. From evaluating current environments, to proactively monitoring and managing systems, KeyCloud is involved in every step of the process. KeyCloud BRaaS is a fully managed backup and recovery solution for your mission critical data. It includes the software, offsite storage and support - all in an enterprise-grade cloud environment that provides massive scalability, and guaranteed restorability. With KeyCloud, rest assured knowing your most important data is always protected and available, without the hassle of managing it yourself. To receive a risk free 2 month trial of KeyCloud BRaaS, visit http://www.keyinfo.com/braas-free-trial/ ------------------------------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------------------------------- Introducing KeyCloud Backup and Recovery as a Service (BRaaS) Let’s face it - backups are generally a thankless job and the consequences for getting it wrong can be grave. From evaluating current environments, to proactively monitoring and managing systems, KeyCloud is involved in every step of the process. KeyCloud BRaaS is a fully managed backup and recovery solution for your mission critical data. It includes the software, offsite storage and support - all in an enterprise-grade cloud environment that provides massive scalability, and guaranteed restorability. With KeyCloud, rest assured knowing your most important data is always protected and available, without the hassle of managing it yourself. To receive a risk free 2 month trial of KeyCloud BRaaS, visit http://www.keyinfo.com/braas-free-trial/ ------------------------------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------------------------------- 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 03/14/17 Oben, Inc. $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81710 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 --------------------------------------------------------------------------- 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 16, Santa Monica -- Alumni Panel + Q&A with Techstars. Join Techstars Los Angeles for an Alumni Panel and Q+A Session. This is a great opportunity to learn more about Techstars mentorship-driven accelerator programs, meet the teams, and hear from our alumni companies. See http://www.socaltech.com/calendar/eventid/25640 March 18, Los Angeles -- "Steering Company Culture During Growth" with Sue Funkhouser by Preccelerator Program. Join the Preccelerator Program for this exclusive event! According to Inc. Magazine, 75% of the CEOs of privately held, high-growth companies that they surveyed, they said the hardest thing about managing a growing workforce is "maintaining company culture.NEW . See http://www.socaltech.com/calendar/eventid/25650 March 20, Los Angeles -- LA’s Drone Summit. Join the TechCouncil of Southern California, Starburst Accelerator and Make it In LA for an evening with drone industry experts and thought leaders. Meet the rising stars of the UAV universe as we discuss the trends, innovations and predict how UAVs are changing the way we live. Enjoy good food and drinks with frontier-pushing leaders and entrepreneurs. Presenations include: Autonomous Cooperation in a Sky Full of Drones: What Could Be Possibly Go Right? Dr. Tyler MacCready, APIUM Swarm Robotics; Scalable Autonomy: Exploring the Advances, Opportunities, and Challenges of UAVs. Use DRTCOSC for member rate of $75NEW . See http://www.socaltech.com/calendar/eventid/25651 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.. 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 March 22, Los Angeles -- Venice Beach Tech Networking Mixer. Join the fastest growing tech startup community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Register immediately for an Early Bird Ticket. See http://www.socaltech.com/calendar/eventid/25627 March 25, Pasadena -- Caltech Entrepreneurs Forum - Funding. The Snapchat Effect: How the company’s mega IPO may enhance the odds of your startup getting funded. Will LA overtake New York as the second most interesting tech ecosystem after Silicon Valley? Will we witness more venture funding and increased company valuations in the region? Our program will open with Chang Xu delivering a presentation highlighting the current state of the venture capital industry as well as the unique qualities of LA Tech. See http://www.socaltech.com/calendar/eventid/25629 March 28, Irvine -- Becoming Investor Ready - Deal Practice Pitch. Watch three 12-minute investor presentations followed by investors’ questions. You will see and experience what it is like to rapidly answer investor questions and determine if you are ready to present your deal to potential Angel Investors. See http://www.socaltech.com/calendar/eventid/25635 April 2, Pasadena -- N3XT CON 2017 - Entertainment, Technology, Startup. Located in Southern California, N3XT CON 2017 will spotlight industries that embody the LA spirit - Entertainment, Technology, and Startups. Industry leaders from top companies such as Disney, LA Times, BuzzFeed, and NBC will share their experiences at the conference. Daniel Seah, CEO of Digital Domain, will give the keynote address discussing how technology drives the entertainment industry. Afternoon panels will be broken out into individual sessions discussing the fields of entertainment, technology and startup. A pitch competition will also be held. See http://www.socaltech.com/calendar/eventid/25641 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, Santa Monica -- PUBLIC VENTURE CAPITAL: A GROWTH PATH YOU NEED TO EXPLORE. Join us for a wine-tasting, reception and seminar to learn how to access public venture capital in Canada (without needing to move there). You will meet capital providers, dealmakers, and advisors who will discuss why this is a growth path you should explore. See http://www.socaltech.com/calendar/eventid/25644 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, Murrieta -- Roadmap to Commercialization. Santa Ana District SBDC. Why is the right business model critical to your venture start-up's success? Can a bad value proposition kill your business? How well do you really know your target customer? As a founder, your "Hero's Journey" will be fraught with numerous obstacles, "uncertainty, fear and doubt". This workshop series will help you determine and verify the right course for your start-up, raise your odds of being funded, and build a scale-able, sustainable company. In this workshop, you will learn how to. -Search for and discover your best niche customers -Create the right value propositions to motivate their purchases of your product -Generate a fund-able business model -Grow a sustainable and profitable company -Achieve an Optimal Exit Strategy. See http://www.socaltech.com/calendar/eventid/25648 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 April 12, Corona -- Funding your Innovation. Santa Ana District SBDC. This course is about selling your innovation to investors, grant proposal reviewers, potential strategic partners, and to your intended customers. They are each distinguishable in terms of how to be approached, but all share very similar buyer behavior characteristics, especially in the face of change and disruption. While a fast moving world can be exciting, when you tell someone that your product is “innovative”, “revolutionary”, “discontinuous”, “disruptive”, or “turning the way things are done on its head”, you may see a lot of doors closed and protective barriers thrown up against you. There are specific criteria that investors, partner prospects, and grant proposal reviewers are basing their personal decisions upon. We all need to understand buyer behavior and how people adopt innovations through a market development life cycle if we want succeed in getting them to open up to us. The following questions that plague entrepreneurs will be answered: 1. Do you need to build better market traction? 2. Do investors say that you are too early for them? 3. Are your target customers not buying-in? 4. Do you wonder why less qualified products are more successful in the market than yours? 5. Are you struggling to transition from early market visionary customers to mainstream market success?. See http://www.socaltech.com/calendar/eventid/25647 ----------------------------------------------------------------------- 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
