*socaltech.com <http://socaltech.com> TechNews - Monday, August 28, 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - Interview with Julie Novack, PartySlate <#m_3302267494022499468_0071734> - Kite Pharma Acquired For $11.9 Billion By Gilead <#m_3302267494022499468_0071735> - SetPoint Medical Raises $30M <#m_3302267494022499468_0071736> - Ford Selects ZestFinance For Credit Approval Efforts <#m_3302267494022499468_0071737> - ViaSat Wins Military Cybersecurity Contract <#m_3302267494022499468_0071738> - Elon Musk's Newest Company Gets Funding To Connect Humans, Computers <#m_3302267494022499468_0071739> - Washos Hails User Growth For On Demand Auto Detailing <#m_3302267494022499468_0071729> - Romeo Power Raises $30M For Energy Storage <#m_3302267494022499468_0071721> - MANDT VR Names CTO <#m_3302267494022499468_0071722> *Marketplace* - Try 2 months with better backups - KeyCloud <#m_3302267494022499468_ad723> - Neohire South <#m_3302267494022499468_ad720> - Safire Partners Executive Search <#m_3302267494022499468_ad677> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_3302267494022499468_ad611> - Stradling <#m_3302267494022499468_ad608> *Monday, August 28, 2017* *Interview with Julie Novack, PartySlate* <http://www.socaltech.com/fullstory/0071734.html> Looking for someone who can put together that perfect wedding or corporate event? PartySlate (www.partyslate.com)--which is backed by a slate of LA area investors--offers up a place to browse photos on events, find venues, and most importantly, planners who put those events on, so your next big event can be an unforgettable one. We spoke with Julie Novack, the founder and CEO of PartySlate (www.partyslate.com). (More... <http://www.socaltech.com/fullstory/0071734.html>) *Kite Pharma Acquired For $11.9 Billion By Gilead* <http://www.socaltech.com/fullstory/0071735.html> Santa Monica-based cancer treatment developer Kite Pharma has been acquired by Gilead Sciences, in a deal worth $11.9 billion, the two companies announced this morning. According to the two, Gilead will pay $180.00 per share in cash for publicly traded Kite, which trades as KITE on the Nasdaq. According to the two companies, they expect to close the acquisition in the fourth quarter of 2017. Gilead said the acquisition will establish the company as a leader in cellular therapy. (More... <http://www.socaltech.com/fullstory/0071735.html>) *SetPoint Medical Raises $30M* <http://www.socaltech.com/fullstory/0071736.html> Valencia-based *SetPoint Medical <http://www.setpointmedical.com>*, which develops bioelectronic therapy to treat chronic inflammatory diseases, said today that it has raised $30M in its Series D funding. The funding came from existing investors, including NEA, Morgenthaler, Medtronic, Boston Scientific, Topspin, Action Potential Venture Capital and others. Setpoint, which is led by CEO Anthony Arnold, said the new funding will go to advance clinical development of its product. (Funding Details <http://www.socaltech.com/intelligence/index.php?action=showdeal&id=87235>)( More... <http://www.socaltech.com/fullstory/0071736.html>) *Ford Selects ZestFinance For Credit Approval Efforts* <http://www.socaltech.com/fullstory/0071737.html> Ford Motor Credit Company, the auto financing arm of Ford, will implement machine learning in its credit approval models, in a partnership with Los Angeles-based ZestFinance, the two said on Friday. According to the two, the two ran a study that measured the effectiveness of machine learning to better predict risk in auto financing, and found better risk prediction, opportunities to lower future credit losses significantly using ZestFinance's model. (More... <http://www.socaltech.com/fullstory/0071737.html>) *ViaSat Wins Military Cybersecurity Contract* <http://www.socaltech.com/fullstory/0071738.html> Carlsbad-based satellite communications and broadband services provider ViaSat reports this morning that it has been awarded a new, cybersecurity software contract, with the U.S.government. According to the company, it was a production contract to provide ViaSat Mobile Dynamic Defense (MDD) cybersecurity software to protect and secure TACLAN field computing devices. Financial details of the win were not announced. ViaSat says it is working with systems integrator iGov on the contract. (More... <http://www.socaltech.com/fullstory/0071738.html>) *Elon Musk's Newest Company Gets Funding To Connect Humans, Computers* <http://www.socaltech.com/fullstory/0071739.html> Elon Musk, the CEO and founder of Los Angeles-based SpaceX, has a new company, Neuralink, which is looking to create a brain-computer interface--and now has $26.96M in the bank. According to a regulatory filing, Neuralink has raised $26.96 million from 12 investors. Elon Musk, in a Tweet, said that the startup is not raising additional money, despite indications otherwise in the firm's regulatory filings. Neuralink is based in San Francisco. (More... <http://www.socaltech.com/fullstory/0071739.html> ) *Washos Hails User Growth For On Demand Auto Detailing* <http://www.socaltech.com/fullstory/0071729.html> Los Angeles-based Washos, the developer of an on-demand, auto detailing and car wash app, said today that it has doubled its user base in the last three months. The company said it now has 40,000 active clients using its app, attributing that growth partially to the come-and-go nature of its competitors, plus its focus on consumers. (More... <http://www.socaltech.com/fullstory/0071729.html>) *Romeo Power Raises $30M For Energy Storage* <http://www.socaltech.com/fullstory/0071721.html> Vernon-based Romeo Power, a new startup focused on developing battery-based, energy storage, has raised $30M in a seed funding round. Soure of the funding was not announced. Romeo Power, led by founder and CEO Michael Patterson, claims it already has $65M in orders on the books for delivery in 2018. The company is developing cylindrical, Lithium-ion battery packs for use both in electric cars, trucks, buses, and forklifts, as well as for energy storage. (Funding Details <http://www.socaltech.com/intelligence/index.php?action=showco&id=55208>)( More... <http://www.socaltech.com/fullstory/0071721.html>) *MANDT VR Names CTO* <http://www.socaltech.com/fullstory/0071722.html> Los Angeles-based MANDT VR, an augmented reality and virtual reality production company, said on Thursday that it has named Mike Dunn as the company's Chief Technology Officer. Mandt was most recently CIO at VER, and also had previously served as Chief Technology Officer at Time Warner, Hearst Interactive Media and TrueCar. Dunn also was CTO at Dell Online, Dell's original e-commerce site, according to MANDT VR. (More... <http://www.socaltech.com/fullstory/0071722.html>) *Try 2 months with better backups - KeyCloud <http://www.keyinfo.com/braas-free-trial/>* Right now, sign up for 2 months FREE Cloud Backup and Recovery services with KeyCloud. The most important part of your backups isn’t the taking of that backup, but the guaranteed ability to recover and restore. KeyCloud Backup and Recovery as a Service (BRaaS) is hosted on enterprise grade technology and performs “0” downtime backups, a capability unique to KeyCloud. Including software, offsite storage and support, KeyCloud BRaaS causes NO IMPACT on your daily business or production, and gives you the confidence of having a solid cloud resiliency plan in place. 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/ *Neohire South <http://www.neohiresouth.com>* Your source for the most sought-after startup jobs. At Neohire South, we take our relationships seriously. We apply years of industry experience to assess and curate our talent pool - connecting only top-notch tech candidates with the most exciting startups in the industry. Whether you’re building your team or searching for a job you love, we want to understand your unique needs and goals to create an incredible fit for your future. http://www.neohiresouth.com *Safire Partners Executive Search <http://www.safirepartners.com>* 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. *SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <http://www.socalip.com>* IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.com *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a href="http://www.sycr.com";>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. ------------------------------ *Recent Funding <#m_3302267494022499468_funding>* 8/28/17 SetPoint Medical Corp <http:///intelligence/?action=showdeal&id=87235> Valencia $30.00 M 8/24/17 ART19 <http:///intelligence/?action=showdeal&id=87230> San Francisco $7.50 M 8/24/17 Romeo Power <http:///intelligence/?action=showdeal&id=87233> Vernon $30.00 M 8/24/17 Bridg <http:///intelligence/?action=showdeal&id=87229> Los Angeles $11.00 M 8/16/17 SecureLink <http:///intelligence/?action=showdeal&id=87161> Austin $0.00 M 8/16/17 NuORDER, Inc. <http:///intelligence/?action=showdeal&id=87124> West Hollywood $8.00 M 8/14/17 Filmtrack <http:///intelligence/?action=showdeal&id=87119> Studio City $5.50 M 8/14/17 Mabvax Therapeutics <http:///intelligence/?action=showdeal&id=87118> San Diego $1.30 M 8/10/17 Chef'D <http:///intelligence/?action=showdeal&id=87110> Los Angeles $35.20 M 8/10/17 Modern Fertility <http:///intelligence/?action=showdeal&id=87114> San Francisco $1.00 M 8/10/17 Ocular Data Systems Inc. <http:///intelligence/?action=showdeal&id=87111> Pasadena $0.50 M 8/09/17 Pistol Lake, Inc. <http:///intelligence/?action=showdeal&id=87108> Los Angeles $0.60 M 8/09/17 Funraise <http:///intelligence/?action=showdeal&id=87107> Long Beach $3.00 M 8/08/17 TYT Network <http:///intelligence/?action=showdeal&id=87001> Los Angeles $20.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 29, Santa Monica -- *Better Living Through Analytics - Strategies for Data Decisions* Better Living Through Analytics - Strategies for Data Decisions. Product School. Data is king! Get ready to understand how a successful analytics team can empower managers from product, marketing, and other areas to make effective, data-driven decisions. Louis will be sharing some case studies and successful strategies that he has used at ZipRecruiter as well as previous experiences. The purpose of this data talk will enlighten people on how to make sure that analysts can successfully partner with other departments and get them the information they need to do great things. Speaker: Louis Cialdella. See http://www.socaltech.com/calendar/eventid/25858 August 30, Los Angeles -- *8th Annual Women in Green Forum* 8th Annual Women in Green Forum. Now in its 8th year, the Women In Green Forum is the largest conference of its kind. It highlights women’s impact on the environmental industry and has attracted a global audience from a wide range of sectors including government officials, corporate executives, academic researchers, technology developers, and clean tech financiers. From the White House to Fortune 500 company leaders, the Forum’s program features the environmental industry’s brightest and most innovative speakers. The 2017 program features a blend of interactive sessions, spotlight presentations, and curated tech demos around the theme "Innovate. Impact. Inspire." Throughout the day, each speaker will demonstrate how their innovations impacted their industries and inspired further environmental advances. See http://www.socaltech.com/calendar/eventid/25845 September 7, Los Angeles -- *Startup UCLA Summer Accelerator Demo Day* Startup UCLA Summer Accelerator Demo Day. After 10 weeks of intense preparation, Startup UCLA's Summer Accelerator teams will be showcasing their startups to Los Angeles and the surrounding community. Don't miss your chance to see UCLA entrepreneurs pitch their latest innovations. See http://www.socaltech.com/calendar/eventid/25859 ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs Product Engineer I <http:///showjob.php?id=5697> Aerovironment Head of CRM Marketing <http:///showjob.php?id=5696> Thrive Market Accounts Payable Specialist <http:///showjob.php?id=5695> Snap Inc. Hardware Development Manager <http:///showjob.php?id=5694> SpaceX Cloud Management Architect <http:///showjob.php?id=5693> Withheld CFO <http:///showjob.php?id=5692> Tech Startup Engineering Mgr, Electrical Hardware. Aerospace. Valencia <http:///showjob.php?id=5691> withheld Sr. DevOps Engineer near Hollywood, CA at Awesome Startup <http:///showjob.php?id=5690> ZestFinance Director, Product Management, Video <http:///showjob.php?id=5689> OpenX Vice President, Investor Relations <http:///showjob.php?id=5688> Rubicon Project Senior Accountant, Technical Accounting <http:///showjob.php?id=5687> Snap Inc. Development Test Engineer <http:///showjob.php?id=5686> SpaceX Quality Assurance Engineer <http:///showjob.php?id=5685> Leaf Group Associate Recruiter <http:///showjob.php?id=5684> Safire Partners Senior Product Development Manager <http:///showjob.php?id=5680> Belkin ------------------------------ ------------------------------ *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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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 Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. 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. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/ mailman/listinfo/socaltech or email us at [email protected] ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2017 SOCALTECH LLC. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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