socaltech.com TechNews - Friday, March 31, 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. 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------------------------------------------------ --Interview with Ken Brook, On MetaX And How Blockchain Can Save Ad Tech --In Historic First, SpaceX Launches, Returns Rocket From Space, Again --Echo Gets $7.5M For Microscope Development --Upload Plans VR/AR Coworking Space In Marina Del Rey --MINDBODY Helps Power New Google Fitness Reservation Service --NantHealth Hits $100M Revenue Mark --Esri Ties Into National Geospatial-Intelligence Agency Cross Training Effort --Broadcom Sells Brocade's Data Center Business To Extreme MARKETPLACE --2017 Tech Coast Map & Calendar – Free map offer! --Recurring Revenue Conference - April 26 -Los Angeles --Safire Partners Executive Search --Binary Pulse Technology Marketing --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators RECENT JOB POSTINGS RECENT FUNDING EVENTS --------------------------------------------------------------------------- Interview with Ken Brook, On MetaX And How Blockchain Can Save Ad Tech ---- What's wrong with the online advertising industry? Transparency, fraud, and a lot of other problems--all of which can be fixed, says Ken Brook, the CEO of Los Angeles-based MetaX (www.metaxchain.com), which is using Blockchain--the protocol behind Bitcoin--and applying it to the ad industry. We spoke with Ken to learn more about the company. What is MetaX? Ken Brook: MetaX is a development studio, where we build Blockchain-based protocols and decentralized applications. Our (More...) http://www.socaltech.com/interview_with_ken_brook_on_metax_and_how_blockchain_can_save_ad_tech/s-0069796.html --------------------------------------------------------------------------- In Historic First, SpaceX Launches, Returns Rocket From Space, Again ---- Hawthorne-based SpaceX has accomplished a historic launch, returning a Falcon 9 rocket to space and successfully landing the rocket on its drone ship in the Pacific. SpaceX is the first organization to launch a rocket and refly a orbital booster to space. Elon Musk, in an interview on SpaceX's broadcast of the flight, said that the orbital booster is the most expensive part of a rocket, and will be "a revolution" in spaceflight. Musk said it took SpaceX fifteen years to get to the point. SpaceX is delivering the SES-10 communications satelitte into Geostationary Transfer Orbit (GTO). The Falcon 9's first stage had originally launched in a mission in April of last year to the ISS. http://www.socaltech.com/in_historic_first_spacex_launches_returns_rocket_from_space_again/s-0069808.html Echo Gets $7.5M For Microscope Development ---- San Diego-based Echo, a startup which is developing a new "hybrid" microscope aimed at replacing both upright and inverted microscopes, has raised $7.5M in a Series A funding. The funding was co-led by Dolby Family Ventures and Tech Coast Angels (TCA). According to the company, the new funding will go towards manufacturing, sales, and developing future technologies. The company is targeting its microscope for use both in the scientific and education community. Echo's CEO and founder is Eugene Cho. http://www.socaltech.com/echo_gets_7__m_for_microscope_development/s-0069811.html Upload Plans VR/AR Coworking Space In Marina Del Rey ---- Upload Inc., a Bay Area company focused on virtual and augmented reality training and coworking, said on Thursday that it plans on opening up a new Los Angeles area education and coworking space, specifically focused on the VR and AR community. The company said its new site, based in Marina Del Rey, will open on April 13th. Upload says the new 20,000 square foot space will be equipped with "state-of-the-art" virtual reality technology, and space for more than 100 companies. Upload also said it has signed a deal with talent agency WME, which will help it connect with community influencers, directors, producers, talent and global brands. MINDBODY Helps Power New Google Fitness Reservation Service ---- San Luis Obispo-based MINDBODY is one of the companies behind the new, Google service for booking fitness and spa appointments, Google Reserve. Google, which announced the new service on Thursday, said it now allows users to book and pay for fitness classes through Google Maps, Google Search, and the Reserve with Google website. Google said it is using MINDBODY, plus MyTime, Genbook, Full Slate, Front Desk, Appointy, and others, to power the service. NantHealth Hits $100M Revenue Mark ---- Culver City-based personalized healthcare and medicine company NantHealth, one of the companies run by biotech billionaire Dr. Patrick Soon-Shiong, has just hit the $100 million mark, the company announced on Thursday. The company said its full 2016 year net revenues were $100.4M, an increase of 72% over the company's 2015 revenues of $58.3M. The company attributed the increase to the launch of its cancer testing product, GPS Cancer, in June of 2016; that's also when NantHealth had its successful IPO. NantHealth's tests are used by oncologists to help guide what specific treatments to use to treat cancer for patients. Esri Ties Into National Geospatial-Intelligence Agency Cross Training Effort ---- Redlands-based Esri, the developer of geographical information systems, mapping, and spatial analytics software, has been selected by the National Geospatial-Intelligence Agency (NGA), for a program which places NGA employees in industry positions. According to Esri, the agency's eNGAge program places NGA employees in temporary positions with industry and academic partners, and also embeds experts from external institutions in NGA teams. Esri said that the NGA's program is aimed at increasing employees' exposure to new and emerging technologies and methodologies outside the public sector. The National Geospatial-Intelligence Agency is best known for its role in providing images during the Cuban Missile Crisis, Broadcom Sells Brocade's Data Center Business To Extreme ---- Irvine-based Broadcom is selling the data center switching, routing, and analytics business from Brocade Communications Systems, to Extreme Networks, as a part of Broadcom's $5.9 billion acquisition of Brocade. Extreme Networks said this morning that it will pay $55M in cash, including $35M at close and $20M in deferred payments, plus earnout, for the Brocade unit. Broadcom has been working through regulatory approval for its acquisition, which was announced in November of 2016. Extreme said the transaction is contingent on the closing of the acquisition of Brocade Communications Systems by Broadcom. --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- 2017 Tech Coast Map & Calendar – Free map offer! The Tech Coast Map is an iconic industry symbol of High Tech 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. This effective yearly map campaign supports your brand, locations and region while promoting your company as an industry leader in Southern California. The custom imprinted Poster Calendars make the perfect year-end gift for stakeholders and an effective 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/ To receive a free copy of the 2017 Tech Coast Map ($25 value), send an email to [email protected] and include socaltech map offer in the subject line. We will mail it at no cost to you. Offer valid until March 31st, 2017 ------------------------------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------------------------------- 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------------------------------- 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 03/22/17 Purple Squirrel $2.7M http://www.socaltech.com/intelligence/?action=showdeal&id=81880 03/22/17 Edlio $40.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81879 03/21/17 Rocket Labs $75.0M http://www.socaltech.com/intelligence/?action=showdeal&id=81874 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 --------------------------------------------------------------------------- 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 April 2, Pasadena -- N3XT CON. Hear from industry leaders in technology, entertainment and startups in three rooms at the Pasadena Convention Center. Talks and panels on: AI, VR, IoT, Digital Media, Startups, Venture Capital, Machine Learning, Women in Tech, Company Culture Reps from companies like: Cisco System, Intel, Digital Domain, Vizio, Disney Interactive, Buzzfeed, NBC Universal, the Port of LA, Enplug, Kind Traveler, SoGal, Spokeo and mor. See http://www.socaltech.com/calendar/eventid/25655 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, Irvine -- FundingPost Orange County VC & Angel Investor Conference. Join us for this intimate VC & Angel Investor Conference. Interested in meeting early-stage accredited investors in Orange County? Then register for the FundingPost Investor RoundTable on April 4th, 2017 at 5:00pm. FundingPost has hosted 300+ sold-out venture events in 23 cities over the past 16 years. At our OC Angel Investor Roundtable, the panel of investors will focus on pitching to early-stage investors, and what it really takes to get them to write you a check! There will be plenty of time for networking with the Investor panelists at ROC's amazing Irvine based co-working space! The first 25 entrepreneur attendees to sign up will also get the option to pitch their business idea in 1 min or less in front of the investor panel and receive feedback as a group from the panel. See http://www.socaltech.com/calendar/eventid/25656 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, Santa Monica -- FundingPost Los Angeles VC & Angel Investor Conference. Join us for this intimate VC & Angel Investor Conference. Interested in meeting early-stage accredited investors in LA? Then register for the FundingPost Investor RoundTable on April 5th, 2017 at 2:00pm. FundingPost has hosted 300+ sold-out venture events in 23 cities over the past 16 years. At our OC Angel Investor Roundtable, the panel of investors will focus on pitching to early-stage investors, and what it really takes to get them to write you a check! There will be plenty of time for networking with the Investor panelists at Expert DOJO on 3rd St Promenade in Santa Monica! The first 25 entrepreneur attendees to sign up will also get the option to pitch their business idea in 1 min or less in front of the investor panel and receive feedback as a group from the panel. See http://www.socaltech.com/calendar/eventid/25657 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 -- Downtown Los Angeles Tech Mixer Networking At Pez Cantina. Join Us For A Night Of Tech Networking At Pez Catina in Downtown Los Angeles! Support women entrepreneurs and join the fastest growing tech networking and startup community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Los Angeles tech community. Register immediately for an Early Bird Ticket. See http://www.socaltech.com/calendar/eventid/25674 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 8, Los Angeles -- FounderMade - Future of Food Summit. A conference for investment and discovery in the food industry that will include food entrepreneurs, influencers, investors and innovative companies. . See http://www.socaltech.com/calendar/eventid/25667 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 12, Thousand Oaks -- Mobile Device Battery Breakthrough. Clean Technology Council. Leland Smith shows how his new Millibatt can power the new breed of devices and small wearables that were not feasible with existing coin-cell or thin-film batteries. His batteries provide up to times higher energy density. The impact of this technology is enormous. See http://www.socaltech.com/calendar/eventid/25669 April 13, Los Angeles -- Virtual and Augmented Reality Tech Salon. Join us (FREE) to discover what is happening in the world of Virtual and Augmented Reality. How will healthcare be transformed? Will I attend my college lecture course virtually? How will the way we experience cinema change? What will the definition of social situations evolve to mean? How small will the world really get? How much can our imaginations actually handle. See http://www.socaltech.com/calendar/eventid/25671 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 April 19, Los Angeles -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join Us For A Night Of Networking With Startup Professionals In Silicon Beach! Support women entrepreneurs and Join the fastest growing tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. See http://www.socaltech.com/calendar/eventid/25675 April 22, Pasadena -- Caltech Entrepreneurs Forum - The Future of Startups. What is the future of Entrepreneurship? The event will begin with a Keynote Presentation from Preston McAfee, Chief Economist & CVP of Microsoft. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups. Dr McAfee and a panel of speakers will share their views on these opportunities and the challenges entrepreneurs will face with future Startups. See http://www.socaltech.com/calendar/eventid/25628 April 22, Pasadena -- Caltech Entrepreneurs Forum - The Future of Startups. Startups in 2027 and Beyond: Opportunities and Challenges for Entrepreneurs in the Next Decade. The event will begin with a Keynote Presentation from Preston McAfee, Chief Economist & CVP of Microsoft. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups. Dr McAfee and a panel of speakers will share their views on these opportunities and the challenges entrepreneurs will face with future Startups. See http://www.socaltech.com/calendar/eventid/25637 April 24, Irvine -- SBIR/STTR Workshop. TriTech SBDC and UCI's "The Cove" are working together to bring you a complimentary workshop that provides a detailed overview of the Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. Small technology based organizations are eligible to apply for the funds available under these programs. This workshop provides an overview of the eligibility considerations, information about the programs, and hints for success in obtaining SBIR or STTR funds. This workshop will focus on the SBIR and STTR programs sponsored by federal agencies, such as the Department of Energy, National Science Foundation, National Institutes of Health, and the Department of Defense. See http://www.socaltech.com/calendar/eventid/25645 April 26, Los Angeles -- Recurring Revenue Conference. 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. Use PROMO CODE: SocalTECH for 20% discount. Questions? contact: [email protected] or See https://rrc2017.eventbrite.com . See http://www.socaltech.com/calendar/eventid/25604 April 27, 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. View products, online demos. Hot Networking Breakfast at 7:00 AM sharp. See http://www.socaltech.com/calendar/eventid/25591 April 27, Los Angeles -- Radix Collective Independent PR Summit. The Radix Collective Independent PR Summit is a one-day business conference created by independents for independents who want to grow their business and network with peers. Whether you call yourself freelance PR, a consultant, or have a solo-agency, the PR Summit features business topics at the core of importance to any Independent PR Pro. Programming includes business development, personal branding, legal and finance, subcontracting with agencies, and more. This event will inspire and help supercharge your business in 2017 and beyond.. See http://www.socaltech.com/calendar/eventid/25630 ----------------------------------------------------------------------- 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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