*socaltech.com <http://socaltech.com> TechNews - Monday, October 30, 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. 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 ------------------------------ *Headlines * - Creative Artists Agency Launches Its Own Startup Studio With $12.5M In Funding <#m_-8081091579031210550_0072526> - Elon Musk Shows Off Secret Tunnel Under LA <#m_-8081091579031210550_0072527> - Xavient Information Systems Acquired By TELUS For $250M <#m_-8081091579031210550_0072525> - Report Calls Snapchat Spectacles A Failure <#m_-8081091579031210550_0072529> - Aerie Pharmaceuticals Names VP <#m_-8081091579031210550_0072528> - StartEngine Raises $800,785 (So Far) In Its Very Own Equity Crowdfunding <#m_-8081091579031210550_0072522> - Securonix Raises $29M For Big Data Security <#m_-8081091579031210550_0072520> - Upfront Backs Jiko For Banking Alternative <#m_-8081091579031210550_0072517> - Microsemi Acquires Timing Business From Vectron International <#m_-8081091579031210550_0072512> - AirMap Automates Drone Requests To FAA With New App Feature <#m_-8081091579031210550_0072511> *Marketplace* - Try 2 months with better backups - KeyCloud <#m_-8081091579031210550_ad723> - Square 1 Bank <#m_-8081091579031210550_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_-8081091579031210550_ad694> - Oracle <#m_-8081091579031210550_ad683> - Stradling <#m_-8081091579031210550_ad608> - Find Help To Power Your Firm To The Next Level <#m_-8081091579031210550_ad585> *Monday, October 30, 2017* *Creative Artists Agency Launches Its Own Startup Studio With $12.5M In Funding* <http://www.socaltech.com/fullstory/0072526.html> Los Angeles-based entertainment and sports agency Creative Artists Agency (CAA) has launched itself into the startup business, saying that it has created a new startup studio it calls Creative Labs, according to the company. The CAA said the new startup studio--which will be based in Vancouver, Canada--will focus on developing consumer-facing technology companies and "next-generation media and entertainment experiences". The new effort is funded by $12. (More... <http://www.socaltech.com/fullstory/0072526.html>) *Elon Musk Shows Off Secret Tunnel Under LA* <http://www.socaltech.com/fullstory/0072527.html> Elon Musk, the technology mogul behind SpaceX and Tesla Motors, has posted the first photo of the secret tunnel system he's digging under Los Angeles. Musk posted the photo of the tunnel--under construction by one of his startups, The Boring Company--which currently is being dug underneath SpaceX's headquarters. (More... <http://www.socaltech.com/fullstory/0072527.html>) *Xavient Information Systems Acquired By TELUS For $250M* <http://www.socaltech.com/fullstory/0072525.html> Simi Valley-based Xavient Information Systems, a provider of IT consulting and software services, has been acquired by TELUS International, the two said this morning. The companies said the deal is worth an estimated $250M. Xavient Information Systems has approximately 1,800 employees and has operations in both the United States and in India. According to TELUS International, the acquisition deal will help it expand its global service offerings, and allow it to expand into India. (More... <http://www.socaltech.com/fullstory/0072525.html>) *Report Calls Snapchat Spectacles A Failure* <http://www.socaltech.com/fullstory/0072529.html> A report, published over the weekend by TechCrunch, calls Snapchat Spectacles a failure, pointing out only 0.08% of Snapchat's users have purchased the camera sunglasses. The coverage follows a report last week from The Information, which says that Snap's Spectacles have been piling up at warehouses, with "hundreds of thousands of unsold units". (More... <http://www.socaltech.com/fullstory/0072529.html>) *Aerie Pharmaceuticals Names VP* <http://www.socaltech.com/fullstory/0072528.html> Irvine-based Aerie Pharmaceuticals, the biopharmaceuticals firm developing therapies for the treatment of glaucoma and other eye diseases, said today that it has named John Maltman, Ph.D., as its new Vice President of Medical Affairs. Maltman was previously at Allergan. According to Aerie Pharmaceuticals, Maltman will be responsible for leading the strategic efforts of the company's Medical Affairs Department across a broad spectrum of product-related activities. (More... <http://www.socaltech.com/fullstory/0072528.html>) *StartEngine Raises $800,785 (So Far) In Its Very Own Equity Crowdfunding* <http://www.socaltech.com/fullstory/0072522.html> Los Angeles-based crowdfunding site StartEngine said on Friday that so far, it has raised $800,785 in the equity crowdfunding for itself. StartEngine launched that equity crowdfunding effort back in September. StartEngine operates an online marketplace which lets companies run equity crowdfunding efforts for themselves, letting contributors gain equity in companies by contributing to funding rounds for startups. StartEngine is led by Howard Marks, who was a co-founder of Activision. (More... <http://www.socaltech.com/fullstory/0072522.html>) *Securonix Raises $29M For Big Data Security* <http://www.socaltech.com/fullstory/0072520.html> Los Angeles-, Redwood City-and Addison, Texas-based Securonix, a developer of big-data focused, security information and event management (SIEM) tools for the cybersecurity market, recently raised $29M in a funding round. The Series A funding came from Volition Capital and Eight Roads. Volition Capital led the round, with Roger Hurwitz of Volition joining the company's board as part of the funding. (More... <http://www.socaltech.com/fullstory/0072520.html>) *Upfront Backs Jiko For Banking Alternative* <http://www.socaltech.com/fullstory/0072517.html> Los Angeles-based venture capital investment firm Upfront Ventures has made an investment in Jiko, a startup developing an alternative to traditional banks. Jiko said this week that it raised $7.7M in its Series A, which came from Upfront Ventures, Radical Impact, and Social Capital. Jiko was founded by Stephane Lintner (formerly of Goldman Sachs) and Rocky Motwani (formerly of JP Morgan). Litner is also a Ph.D. in Applied and Computational Mathematics from Caltech. (More... <http://www.socaltech.com/fullstory/0072517.html>) *Microsemi Acquires Timing Business From Vectron International* <http://www.socaltech.com/fullstory/0072512.html> Aliso Viejo-based semiconductor developer Microsemi said it has agreed to acquire the high performance, timing business of Vectron International. Microsemi said it paid $130M for the business, which was owned by Knowles Corp.. Microsemi said the acquisition will help it expand its high performance timing product portfolio and expand in the aerospace and defense, communications, industrial applications market. (More... <http://www.socaltech.com/fullstory/0072512.html>) *AirMap Automates Drone Requests To FAA With New App Feature* <http://www.socaltech.com/fullstory/0072511.html> Santa Monica-based AirMap, the startup developing airspace management software for drones, said on Thursday that it has added integration with the FAA, to automate what had been a very cumbersome process to gain authorization to operate near U.S. airports. According to AirMap, its app now allows licensed, commercial drone operators with Part 107 authorization to request authorization to fly in controlled airspace near four, U.S. airports, all via its iOS and Android apps. (More... <http://www.socaltech.com/fullstory/0072511.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]. *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *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]). *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. *Find Help To Power Your Firm To The Next Level <http://www.socaltech.com/services/Consulting/Business/>* Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here: http://www.socaltech.com/services/Consulting/Business/ ------------------------------ *Recent Funding <#m_-8081091579031210550_funding>* 10/23/17 SmartDrive <http:///intelligence/?action=showdeal&id=88489> San Diego $0.00 M 10/23/17 Cloud9 Esports, Inc. <http:///intelligence/?action=showdeal&id=88592> Santa Monica $25.00 M 10/20/17 Fair <http:///intelligence/?action=showdeal&id=88488> Santa Monica $1000.00 M 10/17/17 Beyond Meat <http:///intelligence/?action=showdeal&id=88293> El Segundo $0.00 M 10/17/17 PlutoTV <http:///intelligence/?action=showdeal&id=88291> Los Angeles $5.00 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 Vyng <http:///intelligence/?action=showdeal&id=88262> Los Angeles $3.00 M 10/10/17 HIPPEAS <http:///intelligence/?action=showdeal&id=88259> Santa Monica $10.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 3, Newbury Park -- *Startup Weekend Conejo Valley - SportsFocused* Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See http://www.socaltech.com/calendar/eventid/25930 November 4, Newbury Park -- *Startup Weekend Conejo Valley - SportsFocused* Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See http://www.socaltech.com/calendar/eventid/25931 November 5, Newbury Park -- *Startup Weekend Conejo Valley - SportsFocused* Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See http://www.socaltech.com/calendar/eventid/25932 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 November 27, Los Angeles -- *Los Angeles Auto Show* Los Angeles Auto Show. AutoMobility LA is the new auto industry’s first true trade show converging the technology and automotive industries to launch new products and technologies and discuss the most pressing issues surrounding the future of transportation and mobility. It provides a space to connect with investors, tech influencers, automakers and more in the days preceding the LA Auto Show, with manufacturer vehicle debuts intermixed. . See http://www.socaltech.com/calendar/eventid/25710 November 29, 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/25890 ------------------------------ *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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