socaltech.com TechNews - Tuesday, March 21, 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. 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 Silicon Valley Bank (http://www.svb.com). Make next happen now. Safire Partners (http://www.safirepartners.com). Los Angeles-based executive search for emerging growth companies ------------------------------------------------------------------------ --Hyperloop Transportation Technologies Starts Passenger Capsule Development --XYPRO Technology Corporation Buys Merlon Software --ServiceTitan Links With SEO Provider --Teledyne Wins $10M Contract For Sensors For Mission to Jupiter --Salka To Acquire, Sell Wind Farm in Altamont Pass --Report: ShadeCraft Raises $2M For Solar Tracking Sunshade --Peregrine Semiconductor Buys Arctic Sand Technologies MARKETPLACE --The 14th Annual LAVA Venture Awards Dinner - March 22nd --Introducing KeyCloud Backup and Recovery as a Service (BRaaS) --Tech Coast, by Silicon Maps, Inc. --Recurring Revenue Conference - April 26 -Los Angeles --Safire Partners Executive Search --TriNet - HR Services RECENT JOB POSTINGS RECENT FUNDING EVENTS ------------------------------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. --------------------------------------------------------------------------- Hyperloop Transportation Technologies Starts Passenger Capsule Development ---- Los Angeles-based Hyperloop Transportation Technologies (HTT), one of three companies working on the Hyperloop concept in Los Angeles, announced this morning that it is beginning development of a full-scale, passenger capsule for its Hyperloop systems. HTT said the capsule is being developed at its R&D center in France. The capsule will be developed in conjunction with technology partner Carbures S.A., which focuses on the aeronautics and aerospace market. HTT said its capsule is expected to carry from 28 to 40 people and will be nearly 100 feet long. XYPRO Technology Corporation Buys Merlon Software ---- Simi Valley-based XYPRO Technology Corporation, which develops security software for HPE NonStop servers, has acquired Merlon Software Corporation. Financial details of the acquisition were not announced. Merlon Software develops database management software for HPE NonStop servers, and is based in Mississauga, Ontario, Canada. ServiceTitan Links With SEO Provider ---- Glendale-based ServiceTitan, which is developing software for helping plumbing, HVAC, and other service businesses manage their business, has linked up with search engine optimization (CSEO) provider Plumbing & HVAC SEO. According to ServiceTitan, it will integrate with Plumbing & HVAC SEO, which will help ServiceTitan's customers increase sales and book more customers. ServiceTitan is led by Ara Mahdessian. The company's cloud-based software is aimed at home service companies, managing everything from customer relationship management and dispatch to marketing and reporting. Teledyne Wins $10M Contract For Sensors For Mission to Jupiter ---- Thousand Oaks-based Teledyne Technologies said late Monday afternoon that Teledyne Scientific & Imaging, one of its subsidiaries, has been awarded $9.98M in a contract from the French Space Agency, the Centre National d'Etudes Spatiales (CNES), to support a mission to Jupiter. According to Teledyne, it will provide infrared detectors and electronics for the European Space Agency (ESA) JUICE mission to Jupiter, which is expected to launch in 2022. Those instruments are aimed at being used to study the composition of Jupiter's atmosphere. the JUICE mission is expected to reach Jupiter in 2030. Teledyne Scientific & Imaging's sensor technology has been used on the Hubble Telescope, The James Webb Space Telescope, and other spacecraft. Salka To Acquire, Sell Wind Farm in Altamont Pass ---- San Diego-based renewable energy developer Salka said today that it has reached a purchase and sale agreement for a wind farm in the Altamont Pass, just east of San Francisco. According to Salka, it will "re-power" a former Altamont Pass wind farm, by replacing 569 existing wind turbines with 27, modern turbines. Once it has retrofitted that wind farm, Salka said it will sell the project to private equity investor Castlelake, L.P. The Summit Wind Project will provide 55 megawatts of energy to the Bay Area, or approximately enough energy to power 29,000 homes every year. Salka is led by CEO Jiddu Tapia. Report: ShadeCraft Raises $2M For Solar Tracking Sunshade ---- Pasadena-based ShadeCraft, which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and details of that funding have not been announced. The company is targeting its sunshade/umbrella for use at home, on the beach, and at outdoor activities. Peregrine Semiconductor Buys Arctic Sand Technologies ---- San Diego-based Peregrine Semiconductor, which is now owned by Murata, has acquired Arctic Sand Technologies, a developer of low power semiconductors used for DC-DC power conversion. Financial details of the acquisition were not announced. Peregrine and Murata said the acquisition will help Murata in its power electronics efforts. Arctic Sand was based in Burlington, Mass. --------------------------------------------------------------------------- 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------------------------------- 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------------------------------- Tech Coast, by Silicon Maps, Inc. Tech Coast, by Silicon Maps, Inc. – Put Your Company On The Map! Promotional Marketing The Tech Coast Map & Calendar, the iconic industry symbol of Technology Innovation in Southern California. The yearly publication is promoted through Print Distribution, Industry Trade Events, Digital Displays, Press Releases, Interactive Web and through Industry Trade Organizations. Put Your Company On The Map! Spotlight your company and Create brand awareness to thousands of technology decision makers locally, nationally and globally. Take part in this effective yearly map campaign to support your region, brand and location(s) while promoting your company as an industry leader, world class innovator and choice employer. The custom imprinted Poster Calendars make the perfect promotional year-end gift for stakeholders and a terrific promotional hand-out all year long. Contact us direct for more information at [email protected] and view the large interactive map on our website at https://www.siliconmaps.com/tech-coast/ ------------------------------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------------------------------- 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------------------------------- TriNet - HR Services TriNet is a leading provider of HR services that takes the stress out of daily HR distractions. Our HR bundled product includes payroll, human capital consulting, compliance laws, benefits, workers compensation and more. Our services are delivered by our expert team of HR professionals enabled by our cloud-based technology platform. We focus on our clients and their employees to streamline their HR transactions anytime and anywhere. Focus on your clients, while TriNet focuses on your HR. For more information, please visit http://www.trinet.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 03/15/17 ProducePay $7.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81711 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 --------------------------------------------------------------------------- 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.. 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 23, Irvine -- TCVN VR Demo Night - Eat + Talk + Demo. Virtual reality and augmented reality technologies are finding new ways to enhance our ability to perceive the world that surrounds us. At the TCVN VR Demo Night, VR/AR industry professionals will be on a panel to share current thoughts and challenges. Also, innovative companies will showcase and demo the latest in VR/AR technology. This event is for VR/AR startups, entrepreneurs, service providers, and investors. Be prepared to be entertained and engaged at VR Demo Night at The Cove at UCINEW . See http://www.socaltech.com/calendar/eventid/25652 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 April 18, Irvine -- Becoming Investor Ready - Art of the Fast Pitch. A short Fast Pitch presentation (60 to 90 second) is a must have tool that every entrepreneur should know how to eloquently deliver. When you have an opportunity to give a quick snap shot of your venture you want to leave the person with asking for more information. Watch other entrepreneurs master the art of the 60-second investor presentations followed by investors’ questions. You will see what it takes to hone a succinct “elevator pitch” for situations you need to quickly communicate your value proposition, and gain the interest of potential partners and contributors. See http://www.socaltech.com/calendar/eventid/25639 ----------------------------------------------------------------------- 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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