socaltech.com TechNews - Friday, May 5, 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 ------------------------------------------------------------------------ --Vendr Takes On Craigslist With Marketplace App --Leaf Group Acquires Deny Designs --TaskUs Names Sales VP --SafeRide Health Links Into Lyft --Club Pilates Gets Private Equity Investment --Cornerstone OnDemand Bolsters Board --BIOLASE Loses New CFO In Quick Turnover --Voxility Expands In LA --Soylent Stocks Up With $50M More In Funding MARKETPLACE --Tech Coast Map & Calendar – Put Your Company On The Map! --Share Your Opinions On Drone Technology / CSU Channel Islands Study --Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day - May 18 --Oracle --Project X – New Design Focused Accelerator in Los Angeles --SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators --Stradling RECENT JOB POSTINGS RECENT FUNDING EVENTS ------------------------------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. --------------------------------------------------------------------------- Vendr Takes On Craigslist With Marketplace App ---- A new, Los Angeles startup, Vendr is taking on Craiglist with an app that it says will help to allow users to buy and sell items locally without the fear of being robbed. Vendr said it has created a cashless, local marketplace app, which lets users reserve a product using their credit card, keeps that money in escrow, and only release it once a user has received an item. The startup said it is looking to help users afraid of "murders, robberies and assaults" which have been documented on local marketplaces like Craiglist, OfferUp, and other services. Vendr's founder is Aamir Latif. http://www.socaltech.com/vendr_takes_on_craigslist_with_marketplace_app/s-0070279.html Leaf Group Acquires Deny Designs ---- Santa Monica-based Leaf Group, which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. Leaf Group said it paid $2.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M on revenues of $27.238M. Leaf Group was formerly known as Demand Media. http://www.socaltech.com/leaf_group_acquires_deny_designs/s-0070278.html TaskUs Names Sales VP ---- Los Angeles-based TaskUs, which provides business process outsourcing, said this week that it has named Jarrod Johnson as Senior Vice President of Sales. Johnson was most recently SVP of Sales, Marketing, and Client Development at FacilitySource, and also had served at IBM and Xerox. Johnson will be based in Dallas. TaskUs said the hire comes after a "year of exponential revenue growth" for the company, which now has a huge employee base, mostly in the Phillippines. TaskUs has thousands of employees overseas, having grown to over 7,000 employees as of the end of 2016, but only a fraction of that employee base is in the United States, and even less of that in Santa Monica. http://www.socaltech.com/taskus_names_sales_vp/s-0070277.html SafeRide Health Links Into Lyft ---- Santa Monica-based SafeRide Health, a startup which is focused on transporting patients to health care providers, has linked up with Lyft in a new partnership, the company said on Thursday. SafeRide--which is venture backed by Amplify.LA--helps reduce medical appoint "no-shows" by providing transportation to patients to their medical appointments. The company pointed out that a $40 Lyft ride can help avoid deterioration in a patient's condition which would end up costing $20,000 in an end-stage renal failure visit to the emergency room. The company cited numbers from the Journal of Community Health, which found that 25 percent of low-income patient appointments are missed or rescheduled due to a lack of transportation. SafeRide is led by CEO Robbins Schrader. Club Pilates Gets Private Equity Investment ---- Los Angeles-based Club Pilates, a franchisor of Pilates studios, has received a private equity investment from TPG Growth Partners, the two said on Thursday. Size of the funding round was not announced. Club Pilates is run by Anthony Geisler, the former owner and CEO of LA Boxing; Geisler acquired Club Pilates in 2015 from founder Allison Beardsley. http://www.socaltech.com/club_pilates_gets_private_equity_investment/s-0070275.html Cornerstone OnDemand Bolsters Board ---- Santa Monica-based Cornerstone OnDemand, which develops cloud-based employee education and human capital management software, has named Steffan Tomlinson, CFO for Palo Alto Networks, and Dean Carter, VP of Human Resource and Shared Services for Patagonia, to its board of directors. Tomlinson also has served at Aruba Networks and Peribit Networks. Carter also has served at Sears Holdings Corporation and Fossil. Cornerstone OnDemand's software is used by human resources departments to onboard employees, for employee education and training, and related areas. BIOLASE Loses New CFO In Quick Turnover ---- Irvine-based dental laser manufacturer BIOLASE announced this morning that its CFO, Mark J. Nelson, has resigned from the company. Nelson has been CFO of the company for less than two months. According to BIOLASE, Nelson resigned to pursue an "unsolicited and lucrative business opportunity with a former employer." The CFO duties have been handed over to VP of Finance and Corporate Controller Brendan O'Connell. Voxility Expands In LA ---- Voxility, which allows telcos, data centers, hosting providers, and cloud services providers rent enterprise hardware and other services, is expanding in Los Angeles, in a deal with data center provider CoreSite. Voxility said it is expanding its current presence in the Los Angeles market, at CoreSite's two data center facilities--one at One Wilshire, and another 424,000 square feet nearby in downtown. CoreSite says it now has over 500 network, cloud, and enterprise customers at its Los Angeles campus. Soylent Stocks Up With $50M More In Funding ---- Los Angeles-based food alternative developer Soylent announced this morning that it has raised $50M in a Series B funding round, led by GV (formerly Google Ventures) and also including Tao Capital Partners, Lerer Hippeau Ventures and Andreessen Horowitz. The company said that GV's Andy Wheeler joins the company's board with the funding. Soylent, led by Rob Rhinehart, said the funding will go to expand its current product offerings and support expansion efforts. Rhinehart says it is developing "healthy, functional foods", with GV pointing out to the lack of access to "complete, affordable nutrition". Soylent develops a line of products--powders and drinks--which can be used in place of eating food. http://www.socaltech.com/soylent_stocks_up_with___m_more_in_funding/s-0070264.html --------------------------------------------------------------------------- MARKETPLACE Reach 10000+ readers for 5 days for $250 Post your marketplace ad at: http://www.socaltech.com/postad.html ------------------------------ADVERTISEMENT------------------------------- Tech Coast Map & Calendar – Put Your Company On The Map! Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. ------------------------------ADVERTISEMENT------------------------------- Share Your Opinions On Drone Technology / CSU Channel Islands Study Dr. Sean Anderson and his students at California State University Channel Islands are conducting this survey on behalf of their ESRM 370 undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”) Laboratory group. We are studying the current use of and attitudes towards Unmanned Aerial Vehicles. These devices are variously also known as UAV, Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply “drones.” While the military use of these systems may often be what people think of when they hear about this technology, we are exploring the rapidly-expanding, non-military use of systems created by hobbyists, researchers, and private industry. We expect to conclude this survey by late April of 2017 and subsequently post our results by early May to both our blog (https://aarr.piratelab.org) and our suite of social media outlets. Please check these sites in early May for our polling results or feel free to contact us with any questions. Our contact ([email protected]) and links to our web sites will be provided again at the end of this survey. Drone 2017 Survey-English https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd Drone 2017 Survey-Spanish https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL ------------------------------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------------------------------- Oracle Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services for small and mid-sized businesses. For more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los Angeles, contact Ryan Mondillo ([email protected]). ------------------------------ADVERTISEMENT------------------------------- 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------------------------------- 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------------------------------- Stradling Stradling, Attorneys At Law (http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and 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. ------------------------------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 05/04/17 Bonsai $7.6M http://www.socaltech.com/intelligence/?action=showdeal&id=83175 05/04/17 Soylent $50.0M http://www.socaltech.com/intelligence/?action=showdeal&id=83174 05/02/17 CreatorIQ $0.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82985 05/02/17 Axonics Modulation Technologies $14.5M http://www.socaltech.com/intelligence/?action=showdeal&id=82981 05/01/17 3D Robotics $53.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82930 04/28/17 Work Today $1.1M http://www.socaltech.com/intelligence/?action=showdeal&id=82928 04/28/17 Epic Sciences $40.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82927 04/27/17 OverOps $30.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82925 04/26/17 Sense360 $7.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82923 04/26/17 Dave $3.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82922 04/26/17 AltheaDx, Inc. $27.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82921 04/25/17 Forge Therapeutics $15.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82918 04/25/17 Sienna Biopharma $40.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82915 04/25/17 Science 37 $29.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82910 04/19/17 Bonti, Inc. $11.7M http://www.socaltech.com/intelligence/?action=showdeal&id=79556 04/11/17 MFour Mobile Research Inc. $5.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82600 04/10/17 Neural Analytics, Inc. $10.0M http://www.socaltech.com/intelligence/?action=showdeal&id=82595 04/06/17 Sommetrics, Inc. $12.3M http://www.socaltech.com/intelligence/?action=showdeal&id=82592 04/06/17 SOCi $8.5M http://www.socaltech.com/intelligence/?action=showdeal&id=82589 --------------------------------------------------------------------------- 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 May 6, Santa Monica -- ZipRecruiter Hackathon 2017. Can you help someone find their dream, future, or next job? Got a concept HR would love? Have an awesome idea you can’t wait to share? ZipRecruiter is hosting its first-ever Hackathon, and we want to see what great minds can build when they come together to compete for some amazing prizes. Calling all programmers, designers, project managers, and more...sign up t today. See http://www.socaltech.com/calendar/eventid/25677 May 9, Thousand Oaks -- HPTLC for the Identification of Botanical Materials. Ventura BioCenter. This workshop will introduce current concepts of HPTLC with emphasis on the analysis of botanical materials, including: identification of raw materials and finished products, detection of adulteration (related species, chemicals), quantitative determination of markers, and investigations of shelf life. See http://www.socaltech.com/calendar/eventid/25690 May 10, Santa Monica -- Designing UX with Willy Lai, recent Apple UX Design Director. Lai’s hands-on workshop teaches designers, product managers, marketing managers, and engineers how to design successful user experiences for software products and services across devices. Email [email protected]. See http://www.socaltech.com/calendar/eventid/25646 May 10, Thousand Oaks -- Scam and Cyber Crime Defense. Clean Technology Council. Detective Timothy Lohman reviews current trends and scam case studies. It's virtually impossible to exist in modern society without submitting personal information online. Most people can't get through a day without using the Internet to shop, pay a bill, or check their credit card balance. Everyone is accustomed to sharing precious personal information and needs to understand their actions put them at risk. Learn what actions to take if your personal data is stolen. Detective Timothy Lohman has 21 years of experience in law enforcement and currently serves on the Forgery and Fraud Investigations Unit. Detective Lohman’s goal is to educate the public about the dangers of scam trends and how to protect yourself from becoming the next victim. His past experience includes patrol officer, DARE instructor, background investigator, community resource officer and public information officerNEW . See http://www.socaltech.com/calendar/eventid/25706 May 10, Thousand Oaks -- HPTLC for the Identification of Botanical Materials. Ventura BioCenter. This workshop will introduce current concepts of HPTLC with emphasis on the analysis of botanical materials, including: identification of raw materials and finished products, detection of adulteration (related species, chemicals), quantitative determination of markers, and investigations of shelf life. See http://www.socaltech.com/calendar/eventid/25691 May 11, Irvine -- TVCN: The Simple, Dirty Truth...How To Build An Impactful Brand. All companies “brand,” whether they take action or not… It is a dynamic process for startup teams and Fortune 100 companies alike. But what is building a brand really about? With much confusion in the market place regarding “branding” can anyone actually describe what a brand is, or even teach how to build one? Is the process a labyrinth in need of someone’s proprietary flow chart and decision tree, or can it be a simple set of principals? Come learn why the top brands you know, consistently maximize their value. And more importantly, come learn the simple steps needed to build your corporate, product or personal brand foundation. What makes brands unique, impactful and sustainable! This is a session to remember with key takeaways. You’ll find this simple; a principle driven session showing you how you can build your brand to epic proportions. See http://www.socaltech.com/calendar/eventid/25694 May 13, Pasadena -- Caltech Entrepreneurs Forum - Robots, Computer Vision and Deep AI. Robots must perceive their environment and decide how to respond, so both computer vision and the new AI’s deep learning neural nets are pervasive and integral elements of robotics. Against that substrate then, how does an entrepreneur transform a concept for a new robotic application into a viable start up that gains traction? Our Keynote Speaker will be Dr. Aaron Ames, the Bren Professor of Mechanical and Civil Engineering at Caltech. NEW . See http://www.socaltech.com/calendar/eventid/25716 May 13, Encino -- Successfully Selling Your Business Workshop. Learn how to successfully sell your business using the advice of a corporate lawyer with $6+ billion in merger & acquisition experienceNEW . See http://www.socaltech.com/calendar/eventid/25701 May 17, Century City -- Women in LAVA: The Money: From Angel Investors, Private Investors, Venture Capital and More. Women in LAVA invites you to a panel discussion supporting female entrepreneurs by helping them better understand one of the most important sides of the equation – the Money. >From Angel Investors, private investors, venture capital and more, we plan to get “down and dirty” with specific deal points and terms, revenue benchmarks and board involvementNEW . See http://www.socaltech.com/calendar/eventid/25711 May 17, Los Angeles -- Silicon Beach Networking Mixer At Sunny Spot in Venice. 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 communitNEW . See http://www.socaltech.com/calendar/eventid/25708 May 17, Los Angeles -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join the fastest growing startup and tech 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 ticketNEW . See http://www.socaltech.com/calendar/eventid/25717 May 18, Santa Monica -- Media 2.0 w/Peter Csathy & Preccelerator Program Demo Day. 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. See http://www.socaltech.com/calendar/eventid/25679 May 19, Los Angeles -- Business Fundamentals Bootcamp. We are excited to announce the Business Fundamentals Bootcamp - Downtown Los Angeles, presented by Supporting Strategies.The event will take place on May 19, 2017, at the University of Southern California in Los Angeles, CA. As with our past Bootcamp events, we will be lining up an all-star cast of participants from the local business community as speakers and panelists. The Bootcamp Series is designed especially for Owners and CXO's of growing businesses with a focus on the tactical and operational expertise needed to manage a growing business. More than 20 speakers will lead sessions focused on the functional areas of marketing, finance, law and human resources to 100+ attendees. Use SPS50 for 50 percent offNEW . See http://www.socaltech.com/calendar/eventid/25720 May 23, Los Angeles -- Los Angeles Fintech Demo Mix Mingle Network. Come mix and mingle with other Financial Technologist's Tues May 23. Learn about the newest and fastest changes going on in financial technology. Finance is undergoing a massive change some call the "financial paradigm". Laws from 1930-1940 (old right?) are getting broken down with technological innovation in finance. Find partners, talk about your project, bounce ideas, discover LA Fintech. https://www.eventbrite.com/e/los-angeles-fintech-demo-mix-mingle-network-tickets-33835610221?aff=erelpanelorg NEW . See http://www.socaltech.com/calendar/eventid/25709 May 23, Irvine -- Networking Mixer: Where Tech and Tacos Meet. Back by popular request we're hosting another Taco Tuesday Tech Mixer (but this time with MORE tacos) ! Interested in connecting with like-minded tech professionals in Orange County? This is a fun and casual opportunity to do so. We'll be hanging out at Mavenlink in Irvine grubbing on tacos, talking tech and drinking a few cervezas (water and sodas too!). RSVP todayNEW . See http://www.socaltech.com/calendar/eventid/25718 May 24, Los Angeles -- Los Angeles Ad Pros Mix Mingle Network. With technology, the advertising industry is going under massive disruptions right now. Mix, mingle, and network with other advertising professionals. Find partners with advertisers, ad agencies, publishers, and ad tech companiesNEW . See http://www.socaltech.com/calendar/eventid/25714 May 25, San Diego -- nVerge 2017. nVerge 2017—the must-attend technology conference—is back for the 5th year and better than ever! Join 400+ industry professionals to learn about the latest trends and technology updates for Microsoft, Oracle + NetSuite, SAP and a wealth of other technology solutionsNEW . See http://www.socaltech.com/calendar/eventid/25712 June 1, Los Angeles -- Women Founder's Network 2017 Fast Pitch Competition Deadline. Women Founders Network (WFN) is a virtual accelerator that connects women building high-growth businesses with the tools and resources they need to achieve business success. Applications for the 2017 competition will be accepted May 1 - June 1. See http://www.socaltech.com/calendar/eventid/25686 ----------------------------------------------------------------------- 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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