socaltech.com TechNews - Monday, April 3, 2017
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News
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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.

PricewaterhouseCoopers (http://www.socaltech.com/pwc).

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

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   --SpaceX Signs Launch Deal with Global-IP
   --Skyworks Gets Design Win With Sierra Wireless
   --MEI Pharma Names New CFO
   --AeroVironment Releases New EV Charger Product
   --Independa Hires Away VP From WebMD
   --aTyr Pharma Expands Board
   --Mad Catz Files For Chapter 7 Bankrupcy
   --Hulu's Hu: For Viewers With The Attention Span Of Goldfish

   MARKETPLACE
   --Introducing KeyCloud Backup and Recovery as a Service (BRaaS)
   --Recurring Revenue Conference  - April 26 -Los Angeles
   --Tech Coast, by Silicon Maps, Inc.
   --Oracle
   --Project X – New Design Focused Accelerator in Los Angeles
   --Stradling

   RECENT JOB POSTINGS

   RECENT FUNDING

   EVENTS

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SpaceX Signs Launch Deal with Global-IP
----
Hawthorne-based SPaceX has signed up yet another customer for its
rocket launch business, Cayman Islands-based Global-IP Cayman.
Global-IP Cayman, which is working on providing satellite Internet to
Sub-Saharan Africa, said it has signed a launch services deal with
SpaceX for its first satellite. Financial details of the deal were not
announced. Global-IP said the satellite, GiSAT-1, will be its first,
and will provide Internet services to Sub-Saharan Africa. Global-IP
Cayman said its satellite is being built by The Boeing Company, and
that it expects to launch in Q4 of 2018.

Skyworks Gets Design Win With Sierra Wireless
----
Irvine-based analog semiconductor maker Skyworks is in a design win
with Sierra Wireless, to power that company's new line of wireless
modules. Skyworks said that Sierra Wireless will use its 3G/4G
technologies for its AirPrime HL Series wireless modules, which are
aimed at the machine-to-machine (M2M) and device-to-cloud
applications. Shipping volumes and financial impact of the deal were
not announced, however, Skyworks said Sierra Wireless is using 17
different Skyworks devices in those designs, including multiband power
amplifiers, transmit/receive front-end modules, RF switches and DC-DC
converters.

MEI Pharma Names New CFO
----
San Diego-based MEI Pharma, which is developing cancer treatments,
said today that it has named Brian Drazba as its Chief Financial
Officer. Drazba was most recently CFO of Heron Therapeutics, and also
had served at  ISTA Pharmaceuticals, Insight Health, and Arthur
Andersen & Co. Drazba is replacing Thomas Zech, who the company says
is retiring after four decades in the industry. Zech had been CFO
since June of 2010.

AeroVironment Releases New EV Charger Product
----
Monrovia-based AeroVironment is expanding its lineup of chargers for
the electric vehicle market, with a new product specifically aimed at
the forklift and materials handling market. According to AeroVironment
it has launched a new product, ConnectRx, as part of its PosiCharge
ProCore line of electric forklift chargers. The company said the new
product implements a new sophisticated charge algorithm, battery
thermal management, and anti-arc technology. Pricing on the new
electric vehicle charging product was not announced.

Independa Hires Away VP From WebMD
----
San Diego-based Independa, which is creating technology used to help
seniors live longer independently at home, has named former WebMD
executive Jennifer Willey as its Chief Business Officer. Independa
said that Willey was previously Senior Vice Prisident of Consumer
Strategy and Partnerships at WebMD Health Corporation. She also has
served at Yahoo, AOL, Sharecare, and Everyday Health, along with
working as a news anchor and reporter at CBS and ABC affiliates in
South Carolina and New York. Independa said Willey will head up
strategy, marketing, sales and partnerships for the company.

aTyr Pharma Expands Board
----
San Diego-based aTyr Pharma announced this morning that it is
expanding its board of directors, adding independent director Jeffrey
S. Hatfield to its board. Hatfield was most recently President and
Chief Executive Officer of Vitae Pharmaceuticals. Hatfield served in
that position from March 2004 until October 2016, when Vitae was
acquired by Allergan for $639M. Hatfield also served at Bristol-Myers
Squibb.

Mad Catz Files For Chapter 7 Bankrupcy
----
San Diego-based gaming accessory maker Mad Catz Interactive has filed
for Chapter 7 bankruptcy, with PricewaterhouseCoopers being assigned
the trustee of the company. According to Mad Catz, it has ceased
operations, and all of its directors and officers have resigned from
the company. The company filed for bankruptcy afer failing to find a
buyer for the company. Mad Catz had said in 2016 that it was
considering "strategic alternatives" for the company.

Hulu's Hu: For Viewers With The Attention Span Of Goldfish
----
Los Angeles-based streaming television service Hulu is up to its usual
tricks for this time of year, and said on Friday that it has launched
a brand new service called Hu, which it says condenses the entire
episode of popular series into eight seconds or less, and lets viewers
"stream entire seasons" of popular TV shows in "under five minutes."
Hulu has rolled out versions of Seinfeld, Empire, The Mindy Project,
Shut Eye and The Path as part of the new "service". Hulu explained
that "recent scientific research that proves that there is too much TV
these days, and people generally lose concentration after eight
seconds - just like goldfish." The new service joins such Hulu
services as HuluDatr, and the 1996 version of Hulu.
http://www.socaltech.com/hulu_s_hu_for_viewers_with_the_attention_span_of_goldfish/s-0069820.html


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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-------------------------------

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
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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]).

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Stradling

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outstanding client service, the Firm's size, structure, and culture allow
it to provide the highest quality representation while maintaining the
responsiveness and relationships commonly associated with smaller firms.



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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



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RECENT FUNDING SUMMARY

03/31/17 Echo Laboratories, Inc.                  $7.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=82381

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



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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 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



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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.
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