socaltech.com TechNews - Thursday, April 6, 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 Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud La Visual (http://Lavisual.com) A Branding, Product Strategy & Rapid Prototyping Accelerator ------------------------------------------------------------------------ --Hyperloop One Looks At 11 Possible Routes Through US --SpaceX Hopes To Turn Around Reusable Rocket Stages In Only 24 Hours --SOCI Scores $8.5M For Social Media Management --Uber, AEG In Partnership Deal For L.A. Live, StubHub Center --Ingenu Enables Maritime Vessel Monitoring Product --TaskUs Plans Move To New Office At Santa Monica Airport --Viracta Therapeutics Raises $18.4M From NantKwest, Others MARKETPLACE --Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18 --Introducing KeyCloud Backup and Recovery as a Service (BRaaS) --Binary Pulse Technology Marketing --Project X – New Design Focused Accelerator in Los Angeles --Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18 RECENT JOB POSTINGS RECENT FUNDING EVENTS ------------------------------ADVERTISEMENT------------------------------- RECURRING REVENUE CONFERENCE - April 26 - Marina Del Rey Today's analytical insights, coupled with disciplined tactics are enabling companies to deepen their customer relationships in unparalleled ways. Whether you are a SaaS or subscription business, or if customer retention is critical for your success, the RECURRING REVENUE CONFERENCE is the event to learn from the tech pioneers. Over 30 speakers from companies such as: ZipRecruiter, Zoom, Ring Central, Yapstone, Tinder, HopSkipDrive, Snack Nation, Wavemaker Ventures, and more. Panel discussions include: Scaling a Subscription Business; Lessons Learned from Two Unicorn Companies; Fuel for your Growing Business, and many more. April 26, 2017 . 9:30am-5:30pm. Cocktail reception: 5:30-7:30pm Marina Del Rey Marriott. http://www.recurringrevenueconference.com Register at: https://rrc2017.eventbrite.com and enter promo code: SoCalTECH100off for a $100 discount on the ticket price. Limited time only available until 4/17. This event will sell out. Questions? Contact: Nancy Hammerman at: [email protected] --------------------------------------------------------------------------- Hyperloop One Looks At 11 Possible Routes Through US ---- Los Angeles-based advanced transportation developer Hyperloop One says it has come up with eleven different, proposed routes throughout the United States, which it says could "greatly reduce passenger and cargo transit time" in the country. The company said its proposed routes include links between Los Angeles-San Diego, Miami-Orlando and Seattle-Portland. The company said the routes came out of a competition it ran called the "Hyperloop One Global Challenge", where 11 teams have now been selected to work with the company's engineering and business development teams to explore project development and financing. http://www.socaltech.com/hyperloop_one_looks_at__possible_routes_through_us/s-0069885.html SpaceX Hopes To Turn Around Reusable Rocket Stages In Only 24 Hours ---- Hawthorne-based SpaceX is aiming for the ultimate in reusability, turning around its resuable rocket stages in as little as 24 hours, according to President Gwynne Shotwell. Shotwell said at a conference yesterday that the company is hoping to refly a rocket within 24 hours. (SpaceX landing the rocket stage for SES-10 on a barge in the Pacific, via SpaceX.) http://www.socaltech.com/spacex_hopes_to_turn_around_reusable_rocket_stages_in_only_4_hours/s-0069881.html SOCI Scores $8.5M For Social Media Management ---- San Diego-based SOCi, a developer of enterprise, social media management software, announced this morning that it has raised $8.5M in a Series A funding. The funding was co-led by Vertical Venture Partners and Grayhawk Capital. The funding also included the Stanford University DAPER fund, Peninsula Ventures, and Tallwave Capital. SOCi manages social media pages for multi-location and multi-tenant businesses. Afif Khoury is CEO of SOCi. The company was founded in 2012. http://www.socaltech.com/intelligence/index.php?action=showdeal&id=82589 Uber, AEG In Partnership Deal For L.A. Live, StubHub Center ---- Los Angeles-based sports and entertainment venue operator AEG and rideshare transportation provider Uber announed a partnership on Wednesday, which makes Uber the "official rideshare and transportation provider" for 27 of AEG's venues and assets. The deal includes the STAPLES Center, L.A. LIVE, StubHub Center, LA Galaxy, LA Kings, and more. Financial details of the partnership were not announced. Uber and AEG said the deal will call for the creation of "Uber Zones" at event locations for pick up and drop off, in-venue perks for Uber riders, and other promotions with Uber through the apps for the LA Kings, LA Galaxy, and Uber itself. Ingenu Enables Maritime Vessel Monitoring Product ---- San Diego-based Internet-of-Things networking technology developer Ingenu's technology is being used for maritime vessel monitoring, the company said this morning According to Ingenu, its technologies is using for Orolio's McMurdo Omnicom Solar Fishing Beacon, a new system that s being used for maritime vessel communications and fisherings monitoring. Orolio's system is used for vessel safety, monitoring vessels to prevent illegal harvesting, and more. The company says it has a 36.5 mile ship-to-shore range using its technology. TaskUs Plans Move To New Office At Santa Monica Airport ---- Santa Monica-based business process outsourcing provider TaskUs, which has been one of Southern California's fastest growing, tech related companies in the last few years, said on Wednesday that it is moving its headquarters to a space at the Santa Monica airport. The company said it is moving into a new, 6,193 square foot space--formerly, the restaurant Typhoon--where it expects to move in October. The company said its current headquarters has 55 employees, and it expects to support at least 70 by the end of 2017 in the new space. TaskUs now has over 7,000 employees, although most of them are in the Philippines. TaskUs is led by CEO Bryce Maddock, and helps outsource many of the back office tasks of both local startups as well as larger companies. Viracta Therapeutics Raises $18.4M From NantKwest, Others ---- San Diego-based Viracta Therapeutics, a developer of treatments for cancer caused by Epstein-Barr Virus (EBV) and other viral diseases, has raised $18.4M from Culver City-based NantKwest, one of the biotech firms led by billionaire Dr. Patrick Soon-Shiong. The two said the Series B Preferred financing round also included Wicklow Capital, with Latterell Venture Partners and Forward Ventures also participating. Soon-Shiong joins Viracta's Board of Directors as Vice Chairman as part of the investment deal, and Viracta has also signed an exclusive license to its Phase 2 drug candidate to NantKwest. http://www.socaltech.com/viracta_therapeutics_raises__8_4m_from_nantkwest_others/s-0069873.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18 Clear your calendar - It's going down! The Preccelerator Program Demo Day kicks off on May 18th @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator Program is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community. Followed by keynote speaker Peter Csathy, founder of Creatv Media and author of Media 2.0(17): An Insider's Guide to Today's World of Digital Media & Where It's Going. Register today! https://demodaypetercsathy.splashthat.com/?gz=a5c30705f72de01e21c60aeed63d2d15&pp=1 ------------------------------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------------------------------- 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------------------------------- Project X – New Design Focused Accelerator in Los Angeles Launch your next MVP. Be Victorious. Conquer the perils of poorly branded products, semi-good stories, and underwhelming UX/UI front-end design and dev. Project X is a business unit of the Los Angeles based digital agency La Visual. UX/UI strategy, rapid-prototyping and design, world-class branding, product strategy & design, testing, rollout strategies, mentorship, and access to exclusive funding. Don't be shy. Hit us up and we will talk about your next startup. Drop us a line // See how we can help you: [email protected] Check it out here // http://lavisual.com/projectx ------------------------------ADVERTISEMENT------------------------------- Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18 Clear your calendar - It's going down! The Preccelerator Program Demo Day kicks off on May 18th @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator Program is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community. Followed by keynote speaker Peter Csathy, founder of Creatv Media and author of Media 2.0(17): An Insider's Guide to Today's World of Digital Media & Where It's Going. Register today! https://demodaypetercsathy.splashthat.com/?gz=a5c30705f72de01e21c60aeed63d2d15&pp=1 ------------------------------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 04/06/17 SOCi $8.5M http://www.socaltech.com/intelligence/?action=showdeal&id=82589 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 --------------------------------------------------------------------------- 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 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 -- Purpose-driven manufacturing: backing up your brand with ethical and sustainable practices (MAKE IT Monthly event). Today’s consumer increasingly seeks products that they feel good about. Whether you are a purpose-driven brand or just a company with a conscience, live up to your brand promise. At this month's MAKE IT talk hosted at Califia Farms HQ, sustainability consultant and Principle Engineer Carolyn Casavan shares guidelines to implement ethical and sustainable practices in your factory or supply chain–and to educate your customers so they care. See http://www.socaltech.com/calendar/eventid/25678 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 May 4, Santa Monica -- LA CEOs presents: Drones – Today, Tomorrow, The Future. This CEO & CFO only breakfast will focus on Drones and led by Dan Burton Founder and CEO of DroneBase, the world's leading drone services company with 15,000+ commercial drone flights in over 40 countries. Dan was an early user of military and commercial drone systems, serving as a Marine Infantry Officer in Iraq and Afghanistan and building / piloting commercial drones starting in 2012. Dan also worked at Goldman Sachs and the US Senate, and went to HBS for an MBA. This event restricted to CEOs & CFOs only, a confirmed RSVP required. No service providers admitted.. See http://www.socaltech.com/calendar/eventid/25676 ----------------------------------------------------------------------- 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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