*socaltech.com <http://socaltech.com> TechNews - Monday, October 23, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. 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 * - Fair Raises Nearly $1 Billion In Strategic Funding Round <#m_4530736723248318002_0072429> - SmartDrive Systems Gets Funding From Michelin <#m_4530736723248318002_0072430> - Elon Musk's Boring Company Gets Approval For Hyperloop Tunnel In Maryland <#m_4530736723248318002_0072432> - DermTech Expands Advisory Board <#m_4530736723248318002_0072431> - The Tech Info Group Acquired By Capitas Partners <#m_4530736723248318002_0072428> - Report: Los Angeles, San Diego Among Top Startup Markets <#m_4530736723248318002_0072424> - Qualcomm Gets Exit At August Home <#m_4530736723248318002_0072420> *Marketplace* - Try 2 months with better backups - KeyCloud <#m_4530736723248318002_ad723> - Oracle <#m_4530736723248318002_ad683> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_4530736723248318002_ad611> - Stradling <#m_4530736723248318002_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_4530736723248318002_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_4530736723248318002_ad188> *Monday, October 23, 2017* *Fair Raises Nearly $1 Billion In Strategic Funding Round* <http://www.socaltech.com/fullstory/0072429.html> Los Angeles-based Fair, the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. Fair is developing an app-driven service which allows people to gain access to a car, which they can pay for on a monthly basis and return anytime. The funding also included other, un-named strategic investors. (Funding Details <http://www.socaltech.com/intelligence/index.php?action=showdeal&id=88488>)( More... <http://www.socaltech.com/fullstory/0072429.html>) *SmartDrive Systems Gets Funding From Michelin* <http://www.socaltech.com/fullstory/0072430.html> San Diego-based SmartDrive Systems has received an investment from Michelin North America, the company said on Sunday, in a preferred-stock round of investment. Size of the investment was not disclosed. SmartDrive said it will use the new funding for expansion of its strategy for fleet telematics and mobility services. SmartDrive is a developer of video- and sensor-based driver safety systems, used primarily for commercial fleets. (Funding Details <http://beta.socaltech.com/intelligence/index.php?action=showdeal&id=88489> )(More... <http://www.socaltech.com/fullstory/0072430.html>) *Elon Musk's Boring Company Gets Approval For Hyperloop Tunnel In Maryland* <http://www.socaltech.com/fullstory/0072432.html> The Boring Company, the tunnel-digging startup led by Elon Musk--which is working on developing Hyperloop transportation systems based on Musk's next generation transportation concept--has received a statement of support from Maryland Governor Larry Hogan. Hogan said he will support Musk's effort to create a Hyperloop project to connect Baltimore and Washington, DC. Musk has gained government permission to start digging a 10. (More... <http://www.socaltech.com/fullstory/0072432.html>) *DermTech Expands Advisory Board* <http://www.socaltech.com/fullstory/0072431.html> La Jolla-based *DermTech <http://www.dermtech.com>*, which develops non-invasive, molecular dermatology technology for testing for skin diseases, said today that it has added Daniel M. Siegel, MD, to its Scientific Advisory Board. Siegel is Clinical Professor of Dermatology and former Director of the Procedural Dermatology Fellowship at SUNY Downstate. DermTech is backed by Jacobs Investment Company and Western States Investment Corporation (WSIC), along with others.(More... <http://www.socaltech.com/fullstory/0072431.html>) *The Tech Info Group Acquired By Capitas Partners* <http://www.socaltech.com/fullstory/0072428.html> Los Angeles-based The Tech Info Group, a managed IT services, back-up, cloud, and security provider, has been acquired by Capitas Partners, the two said late Friday. Financial details of the acquisition were not announced. According to the companies, Capitas Partners will also invest $200,000 of growth capital in TTIG as part of the transaction. (More... <http://www.socaltech.com/fullstory/0072428.html>) *Report: Los Angeles, San Diego Among Top Startup Markets* <http://www.socaltech.com/fullstory/0072424.html> Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. Miami was ranked number on in the nation. (More... <http://www.socaltech.com/fullstory/0072424.html>) *Qualcomm Gets Exit At August Home* <http://www.socaltech.com/fullstory/0072420.html> San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has had an exit in its portfolio--smart lock maker August Home. August was acquired by ASSA ABLOY on Thursday. Financial details of the acquisition were not announced. August was venture backed by Bessemer Venture Partners, Comcast Ventures, Maveron, Qualcomm Ventures, AGL, Liberty Mutual and SPDG. The company had raised $75M in total. August is based in San Francisco. ( More... <http://www.socaltech.com/fullstory/0072420.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/ *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. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net ------------------------------ *Recent Funding <#m_4530736723248318002_funding>* 10/23/17 SmartDrive <http:///intelligence/?action=showdeal&id=88489> San Diego $0.00 M 10/20/17 Fair <http:///intelligence/?action=showdeal&id=88488> Santa Monica $1000.00 M 10/17/17 PlutoTV <http:///intelligence/?action=showdeal&id=88291> Los Angeles $5.00 M 10/17/17 Beyond Meat <http:///intelligence/?action=showdeal&id=88293> El Segundo $0.00 M 10/14/17 Beauty Bakerie <http:///intelligence/?action=showdeal&id=88286> San Diego $3.00 M 10/13/17 Vy Esports <http:///intelligence/?action=showdeal&id=88266> Los Angeles $0.00 M 10/13/17 Impact Biomedicines <http:///intelligence/?action=showdeal&id=88267> San Diego $22.00 M 10/13/17 Hyperloop One FKA Hyperloop Technologies <http:///intelligence/?action=showdeal&id=88265> Los Angeles $0.00 M 10/10/17 HIPPEAS <http:///intelligence/?action=showdeal&id=88259> Santa Monica $10.00 M 10/10/17 Vyng <http:///intelligence/?action=showdeal&id=88262> Los Angeles $3.00 M 10/06/17 The Honest Co. <http:///intelligence/?action=showdeal&id=88219> Santa Monica $75.00 M 10/05/17 Fuel50 <http:///intelligence/?action=showdeal&id=88218> Redondo Beach $2.50 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 25, Los Angeles -- *Disruption: Digital PlatformsRegulation in the New Economy* Disruption: Digital Platforms Regulation in the New Economy. Are you a member of the new workforce, venture capitalist, tech visionary or a business owner? Interested in the changes and challenges of the new digital platform economy? Digital platforms, such as, Airbnb, Uber, Amazon, and others are playing an increasing role in the economy. Such new workforce and mobilized capital often has a disruptive effect on existing markets and operators. Disruption examples are labor law in the case of Uber, copyright law and data protection law in the case of Google, and data protection in the case of Facebook. This workshop identifies clusters of regulatory logic. See http://www.socaltech.com/calendar/eventid/25920 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 October 26, Woodland Hills -- *Information SecuritySpooktactular* Information Security Spooktactular. WITI Los Angeles. Are you spooked every-time you hear of a Security Breach? Do the recent Hacks of Equifax and Target make you tremble in fear! Today more than ever, having a basic understand ing of Information Security, its issues and threats is essential. Join us at this Halloween themed event and let a Panel of Industry experts to help us scare away your terrors. See http://www.socaltech.com/calendar/eventid/25912 October 26, Burbank -- *Burbank Tech Talks: Founder Stories: DavidKnight, Angel City Data* Founder Stories: David Knight, Angel City Data. Burbank Tech Talks and TechFire. The City of Burbank, in partnership with TechFire is featuring a Burbank tech success story, Angel City Data's Founder & President, David Knight. Angel City Data has deployed over 2,000 custom desktop, web & mobile software solutions for clients such as Apple, Disney, Warner Bros., Harvard, Caltech, UCLA, USC, the BBC, and NASA. A former record producer, David loves blending creativity with technology - and this year, Angel City Data was recognized as the Burbank Chamber of Commerce's Small Business of the Year. Join us as David shares his founder success journey as an entrepreneur with advice for other founders, and his thoughts on what's next in the world of enterprise technology. See http://www.socaltech.com/calendar/eventid/25923 October 28, Cerritos -- * TiEcon Southwest 2017 | UnleashingHyperspeed Innovations | TiE* TiEcon Southwest 2017. TiE Southern California’s signature annual entrepreneurship conference brings together entrepreneurs, corporate executives, venture capitalists and business professionals for the best combination of substantive conversation, education and peer networking. See http://www.socaltech.com/calendar/eventid/25928 November 1, Santa Monica -- *LA CEOs breakfast: InternationalConsiderations* LA CEOs breakfast: International Considerations. LA CEOs, an education & support group for qualified CEOs & CFOs (No Service Providers) is happy to host Perry Wallack,a co-founder and CFO for Cornerstone OnDemand, since its inception through post IPO will share his thoughts on growing internationally. This sponsor supported event is restricted to qualified CEOs and CFOs only. Confirmed RSVP required. No service providers admitted.. See http://www.socaltech.com/calendar/eventid/25921 November 1, San Diego -- *You got your VC meeting, nowwhat?* Insider Insights: You got your VC meeting, now what? San Diego Venture Group. You got your VC meeting, now what? Just like your company is unique, so too are venture capitalists and their investment strategies. Many life science entrepreneurs will work hard to get the meeting, but then don’t take time to actually prepare to meet with the specific partnership. Attend this interactive panel discussion with an all-star panel of VCs for their insider perspective on how to best raise capital, what questions to ask, why it’s important to understand the life cycle of the fund, and their favorite pet peeves. See http://www.socaltech.com/calendar/eventid/25927 November 1, Beverly Hills -- * Los Angeles Audience Based BuyingSummit* Innovation In The Face Of Programmatic Chaos. If you are like most brands, agencies and adtech companies, you are probably spending a significant portion of your day trying to implement successful strategies for Audience Based Buying in the wake of chaos. If you are challenged to find scale, success and global solutions, know that you are not alone. Join GABBCON at our third annual Los Angeles Audience Based Buying Summit and second annual ABBI Awards, November 1-2, 2017 at the new Waldorf Astoria Beverly Hills. At this year’s Los Angeles Summit, we will discuss the future of Video and audience based buying and how to turn chaos into progress and momentum. See. See http://www.socaltech.com/calendar/eventid/25925 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 November 2, Beverly Hills -- * Los Angeles Audience Based BuyingSummit* Innovation In The Face Of Programmatic Chaos. If you are like most brands, agencies and adtech companies, you are probably spending a significant portion of your day trying to implement successful strategies for Audience Based Buying in the wake of chaos. If you are challenged to find scale, success and global solutions, know that you are not alone. Join GABBCON at our third annual Los Angeles Audience Based Buying Summit and second annual ABBI Awards, November 1-2, 2017 at the new Waldorf Astoria Beverly Hills. At this year’s Los Angeles Summit, we will discuss the future of Video and audience based buying and how to turn chaos into progress and momentum. See. See http://www.socaltech.com/calendar/eventid/25926 November 7, San Diego -- *All Talk: Veterans in Innovation* All Talk: Veterans in Innovation. CONNECT. As many veterans are returning to, or looking to enter the private sector, the tech industry is rapidly expanding with opportunities. Tech companies are looking for highly skilled individuals, skills veterans have often built in their time in the service. Many veterans are getting involved in this booming industry and have success stories to share. This panel will feature veterans who've entered the tech economy successfully sharing their stories and tips to encourage other veterans on their path into the innovation economy. If you are a veteran, join us to find out how your strengths can be utilized in the innovation world. If you are a civilian, come learn why a veteran may be your best hire. See http://www.socaltech.com/calendar/eventid/25893 November 8, 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/25889 November 16, Playa Vista -- *Leveraging Machine Learning and DataScience to Drive Business Results* Leveraging Machine Learning and Data Science to Drive Business Results. AITP. Tony Karrer, Founder/CEO of TechEmpower & CTO of Aggregage Jon Morra, VP Data Science, ZEFR Jeong-Yoon Lee, Technical Evangelist, Microsoft These well-known technology executives will share an overview of cutting-edge technologies used in data science/machine learning and will provide multiple use cases on how the technologies are being implemented -- such as predictive data analytics, fraud detection, and computer vision/image recognition. This joint event between AITP-LA, Technology Council of Southern California, and the CTO Forum promises many technology insights as well as outstanding networking.. See http://www.socaltech.com/calendar/eventid/25918 November 16, Woodland Hills -- *The Valley Economic ForecastBreakfast* The Valley Economic Forecast Breakfast. The San Fernando Valley Business Journal and California Lutheran University’s Center for Economic Research and Forecasting. For the first time, Matthew Fienup of Cal Lu’s highly regarded Center for Economic Research and Forecasting will provide an economic outlook specifically tailored to the San Fernando Valley. At this forecast breakfast at Ruth’s Chris, you will learn how the Valley’s economy will compare to the rest of the region and how last year’s elections changed the trajectory of the economy. See http://www.socaltech.com/calendar/eventid/25924 ------------------------------ *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
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