*socaltech.com <http://socaltech.com> TechNews - Wednesday, October 4, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------ *Headlines * - Snap Says It Has Sold 150,000 Spectacles <#m_-3948484876929622651_0072179> - Veracity Industrial Networks Adds $1.5M In Funding <#m_-3948484876929622651_0072176> - Green Commuter Opens Up Electric Car Sharing In LA <#m_-3948484876929622651_0072178> - Newegg Aims At Maker Market <#m_-3948484876929622651_0072177> - Petnet Picks Up $3.75M More <#m_-3948484876929622651_0072174> - Smith Micro Raises $5.5M In Private Placement <#m_-3948484876929622651_0072173> - Hyperloop One Dreams Reach Missouri <#m_-3948484876929622651_0072172> - ServiceNow Acquires Telepathy <#m_-3948484876929622651_0072163> *Marketplace* - Try 2 months with better backups - KeyCloud <#m_-3948484876929622651_ad723> - Square 1 Bank <#m_-3948484876929622651_ad695> - Oracle <#m_-3948484876929622651_ad683> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-3948484876929622651_ad611> - Stradling <#m_-3948484876929622651_ad608> *Wednesday, October 4, 2017* *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SOCALTECH SUPPORTER! Our supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *Snap Says It Has Sold 150,000 Spectacles* <http://www.socaltech.com/fullstory/0072179.html> Evan Spiegel, the CEO of Venice-based Snap, says that so far, it has sold more than 150,000 of its camera-equipped sunglasses--much more than expected by the company. Spiegel reported the sales numbers in an interview with Vanity Fair at its Vanity Fair New Establishment Summit yesterday. Snap first rolled out its Spectacles in September of 2016, through limited access "vending machines", but has since started selling them it its own stores, Amazon.com, and through other outlets. (More... <http://www.socaltech.com/fullstory/0072179.html>) *Veracity Industrial Networks Adds $1.5M In Funding* <http://www.socaltech.com/fullstory/0072176.html> Aliso Viejo-based Veracity Industrial Networks, which develops secure industrial networking technology, has raised $1.5M in a Seed D funding, the company announced this morning. The funding came from Microsemi, Hollencrest Capital Management and Schweitzer Engineering Laboratories (SEL). Veracity, which is led by CEO Paul Myer, said the funding will go towards ramping its business, as well as for further development of its industrial cybersecurity products. (Funding Details <http://www.socaltech.com/intelligence/index.php?action=showco&id=49017>)( More... <http://www.socaltech.com/fullstory/0072176.html>) *Green Commuter Opens Up Electric Car Sharing In LA* <http://www.socaltech.com/fullstory/0072178.html> Los Angeles-based Green Commuter, a startup offering up electric car sharing services, says it has officially started offering up its services in Los Angeles. Green Comutter is now offering up Tesla Model X vehicles to LA residents by the hour or weekend, while offering up those same vehicles to vanpoolers and fleets during the week. According to Green Commuter, its vehicles are available to users via its mobile app. (More... <http://www.socaltech.com/fullstory/0072178.html>) *Newegg Aims At Maker Market* <http://www.socaltech.com/fullstory/0072177.html> Los Angeles-based online e-retailer Newegg is setting its sights on the growing "Maker" market, the large group of technology enthusiasts who are into building and creating their own electronic projects. According to Newegg, it has launched a new "Maker" category on its site, which it says is dedicated to builders and DIY tech enthusiasts. (More... <http://www.socaltech.com/fullstory/0072177.html>) *Petnet Picks Up $3.75M More* <http://www.socaltech.com/fullstory/0072174.html> Los Angeles-based automated pet feeder developer Petnet has raised $3.75M more in funding, as part of an ongoing, $6.5M funding round, according to a regulatory filing by the firm today. Details on the funding have not yet been announced by the company. Petnet has previously raised $10M in a Series A funding from Petco and others. The company's automated, smartphone-connected products--including its SmartFeeder and SmartBowl products--are available at petco, as well as online. (Funding Details <http://www.socaltech.com/intelligence/index.php?action=showco&id=39186>)( More... <http://www.socaltech.com/fullstory/0072174.html>) *Smith Micro Raises $5.5M In Private Placement* <http://www.socaltech.com/fullstory/0072173.html> Aliso Viejo-based software maker Smith Micro Software, which is publicly traded on the NASDAQ as SMSI, says it has raised $5.5M in a private placement. The investors in the private placement wre not announced. Smith Micro said the it issued 5,500 shares of a newly designated, Series B 10% convertible preferred stock at $1,000 per share in the funding. The company explained that the Series B Preferred Stock is convertible into the Company's Common Stock at a conversion price of $1. (More... <http://www.socaltech.com/fullstory/0072173.html>) *Hyperloop One Dreams Reach Missouri* <http://www.socaltech.com/fullstory/0072172.html> The dream of being one of the first cities in the world to have a high-speed, Hyperloop system has just reached Missouri, as Missouri Department of Transportation (MODOT), the St. Louis Regional Chamber, the KC Tech Council, the University of Missouri System, and the Missouri Innovation Center in Columbia said on Tuesday that they are looking to create a public-private partnership with Los Angeles-based Hyperloop One. ( More... <http://www.socaltech.com/fullstory/0072172.html>) *ServiceNow Acquires Telepathy* <http://www.socaltech.com/fullstory/0072163.html> Enterprise software developer ServiceNow has acquired San Diego-based Telepathy, a developer of software used in the user interface and experience area, according to the two. Financial terms of the acquisition were not announced. Telepathy was founded by Chuck Longanecker in 2001. ServiceNow was founded in San Diego, but is now based in Santa Clara. ( More... <http://www.socaltech.com/fullstory/0072163.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/ *Square 1 Bank <http://www.square1bank.com>* Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets. A full service financial services partner to entrepreneurs and their investors, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Atlanta, Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.square1bank.com, or send an email to [email protected]. *Oracle <http://www.oracle.com>* 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]). *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_-3948484876929622651_funding>* 10/04/17 Veracity Security Intelligence, Inc. <http:///intelligence/?action=showdeal&id=88212> San Juan Capistran $1.50 M 9/27/17 Kyriba <http:///intelligence/?action=showdeal&id=87960> San Diego $45.00 M 9/22/17 Hyperloop One FKA Hyperloop Technologies <http:///intelligence/?action=showdeal&id=87920> Los Angeles $85.00 M 9/21/17 Tuition.io <http:///intelligence/?action=showdeal&id=87917> Santa Monica $7.00 M 9/20/17 Haawk <http:///intelligence/?action=showdeal&id=87915> Studio City $2.50 M 9/18/17 Sonendo, Inc. <http:///intelligence/?action=showdeal&id=87880> Laguna Hills $50.00 M 9/18/17 Sixgill <http:///intelligence/?action=showdeal&id=87881> Santa Monica $27.90 M 9/13/17 Happy Returns <http:///intelligence/?action=showdeal&id=87794> Santa Monica $4.00 M 8/29/17 Domuso <http:///intelligence/?action=showdeal&id=87238> Santa Monica $3.10 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 6, Los Angeles -- *Maker Walk LA* *NEW* . See http://www.socaltech.com/calendar/eventid/25905 October 10, San Diego -- *San Diego Tech Summit* San Diego Tech Summit. Join your peers by registering now. Gather the key IT knowledge needed to be indispensible. This year's Tech Summit agenda is carefully designed to provide you with the latest IT trends and knowledge needed to make the best possible decisions on behalf of your organization. It will allow you to see the best practices other leading companies have adopted, key IT challenges they are facing, and new solutions that are solving these challenges. The available seating is limited so be sure to sign up as soon as possible to ensure you will have a seat. You are welcome to invite other key people on your team.. See http://www.socaltech.com/calendar/eventid/25848 October 10, Los Angeles -- *The Entrepreneurs Journey: Show SomeGrit or Time to Quit* The Entrepreneurs Journey: Show Some Grit or Time to Quit. USC Alumni Society. Entrepreneurs often face many challenges, many frustrations, and many victories. The entrepreneurial journey is not for everyone and it definitely is not for the faint of heart. “The Entrepreneurs Journey: Show Some Grit or Time to Quit” is an opportunity for USC alumni to hear from dynamic speakers about their personal entrepreneurial stories and what they did to persevere. This empowering session on entrepreneurship will reveal tips, tricks and real life stories from USC alumni who’ve been there and done that! Find out what steps they took to make success their final destination. Contact Nicole Gordillo [email protected] . See http://www.socaltech.com/calendar/eventid/25894 October 10, Los Angeles -- *Digital Hollywood* Digital Hollywood. Skirball Center. Keynote Event and Evening Host Seth Shapiro, Governor, Interactive Media, The Television Academy. See http://www.socaltech.com/calendar/eventid/25898 October 11, Los Angeles -- *The IT Summit Los Angeles* The IT Summit is the executive technology conference series returning to Los Angeles for our eleventh annual event on October 11th, 2017. The purpose of the summit is to provide educational and networking resources for the IT leaders in Southern California. The conference is driven by an Executive Board of regional IT professionals that directs the content of the conference. The IT Summit is designed to address the real-world opportunities and challenges faced by today's executives. See http://www.socaltech.com/calendar/eventid/25831 October 11, Venice -- *Silicon Beach Networking Mixer At Wurstkuchein Venice* 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 ticket. See http://www.socaltech.com/calendar/eventid/25875 October 11, Los Angeles -- *Digital Hollywood* Digital Hollywood. Skirball Center. Keynote Event and Evening Host Seth Shapiro, Governor, Interactive Media, The Television Academy. See http://www.socaltech.com/calendar/eventid/25899 October 12, Los Angeles -- *Plug In: Digital and Beyond - SouthLA* *NEW* . See http://www.socaltech.com/calendar/eventid/25907 October 12, Los Angeles -- *Digital Hollywood* Digital Hollywood. Skirball Center. Keynote Event and Evening Host Seth Shapiro, Governor, Interactive Media, The Television Academy. See http://www.socaltech.com/calendar/eventid/25900 October 14, Pasadena -- *Caltech Entrepreneurs Forum -Cybersecurity* *NEW* . See http://www.socaltech.com/calendar/eventid/25904 October 17, Pasadena -- *Tea Tech & Tequila Autumn MixerFundraiser* *NEW* . See http://www.socaltech.com/calendar/eventid/25908 October 19, Los Angeles -- *Women Founder's Network 2017 FastPitch* 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. Our flagship event is an Annual Fast Pitch Competition, which takes place on October 19, 2017. See http://www.socaltech.com/calendar/eventid/25687 October 20, Pasadena -- *Attend Innovate Pasadena’s Connect‘17* *NEW* . See http://www.socaltech.com/calendar/eventid/25911 October 25, Venice -- *Silicon Beach Networking Mixer At Wurstkuchein Venice* 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 ticket. See http://www.socaltech.com/calendar/eventid/25876 October 25, Los Angeles -- *Eric Ries: Entrepreneur and bestsellingauthor of The Lean Startup* Eric Ries: Entrepreneur and bestselling author of The Lean Startup discussing his upcoming book, The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth. Live Talks. Eric Ries is an entrepreneur and the author of the New York Times bestseller The Lean Startup, which has been translated into over thirty languages. He is the creator of the Lean Startup methodology, which has become a global movement in business, practiced by individuals and companies around the world. He has founded a number of startups including IMVU, where he served as CTO, and he has advised on business and product strategy for startups, venture capital firms, and large companies, including GE, where he partnered with them on the FastWorks program. Eric served as the Entrepreneur-in-Residence at Harvard Business School, IDEO, and Pivotal and he is the founder and CEO of the Long-Term Stock Exchange. See http://www.socaltech.com/calendar/eventid/25897 October 26, Los Angeles Westside -- *Growth CapitalConference* Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAY showcases growing firms needing capital & counse. View products, videos, online demos. See http://www.socaltech.com/calendar/eventid/25888 November 2, La Jolla -- *The 2017 San Diego CIO Executive LeadershipSummit* The 2017 San Diego CIO Executive Leadership Summit. This conference is designed exclusively for CIO/IT leader executives and will deliver world class thought leadership in a collaborative setting. Attendees will receive unique insights into best practices and hear success stories involving strategic leadership to drive innovation, transformation and business results. Industry luminaries will share technology trends and opportunities. Real world insight will be gained through peer and partner networking. See http://www.socaltech.com/calendar/eventid/25850 ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs CFO or VP Finance <http:///showjob.php?id=5698> withheld 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 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). 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 <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail&utm_term=icon> Virus-free. www.avast.com <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=webmail&utm_term=link> <#DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2>
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