*socaltech.com <http://socaltech.com> TechNews - Friday, November 3, 2017* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://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. 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 * - Owners Of LA Rams Launch A New LA Overwatch League Franchise, the Gladiators <#m_1473279238845762278_0072608> - Puma Biotechnology Gets $100M In Term Loan <#m_1473279238845762278_0072606> - Qualcomm Lobs Another Lawsuit At Apple <#m_1473279238845762278_0072610> - Geopointe Acquired By The Ascent Group <#m_1473279238845762278_0072607> - SDI Presence Acquires NextLevel IT <#m_1473279238845762278_0072609> - Onica Raises $20M For Cloud Migration, IT Services Efforts <#m_1473279238845762278_0072605> - HyreCar Extends Online Car Rentals To New York <#m_1473279238845762278_0072599> - March Capital Partners Gets Exit As VMware Acquires VeloCloud <#m_1473279238845762278_0072595> - Payoff Becomes Happy Money <#m_1473279238845762278_0072590> - SendGrid Sets Estimated IPO Pricing Range <#m_1473279238845762278_0072587> *Marketplace* - SVB's Startup Outlook Survey! <#m_1473279238845762278_ad727> - Try 2 months with better backups - KeyCloud <#m_1473279238845762278_ad723> - Square 1 Bank <#m_1473279238845762278_ad695> - Oracle <#m_1473279238845762278_ad683> *Friday, November 3, 2017* *"Roadmap to Small Business Success" with Christine Perakis - Nov 9 <https://www.eventbrite.com/e/roadmap-to-small-business-success-with-christine-perakis-tickets-39191377465>* "Roadmap to Small Business Success" with Christine Perakis. Stubbs Alderton Precellerator! Thursday, November 9th, 2017 5:30-8:00pm Find out what makes some people more successful than others. During this event you will create your custom Roadmap to Small Business Success using the 7-TEER system from Christine's bestselling book, “The Entrepreneur’s Essential Roadmap – Take Your Business from 0 to 7-Figures in Record Time”. Now you can focus on the 20% of your activities that really matter to get where you want to go, faster and more efficiently! Register today! https://www.eventbrite.com/e/roadmap-to-small-business- success-with-christine-perakis-tickets-39191377465 *Owners Of LA Rams Launch A New LA Overwatch League Franchise, the Gladiators* <https://www.socaltech.com/fullstory/0072608.html> In a further endorsement of how mainstream e-sports has become, the owners of the Los Angeles Rams and Denver Nuggets--Stan and Josh Kroenke--said officially on Thursday that they have created a brand new franchise as part of Blizzard Entertainment's Overwatch League: the LA Gladiators. According to the Kroenke's, the team will wear purple and white jerseys and have a roaring lion logo. (More... <https://www.socaltech.com/fullstory/0072608.html>) *Puma Biotechnology Gets $100M In Term Loan* <https://www.socaltech.com/fullstory/0072606.html> Los Angeles-based Puma Biotechnology said late Thursday that it has received $100M in a term loan funding, which came from Silicon Valley Bank and Oxford Finance. According to Puma, which is developing treatments for cancer, the loan is split into two funding tranches. An initial $50M tranche closed on October 31st, and will be use for general corporate purposes and commercialization of its NERLYNX compound; the remaining $50M is subject to achievement of certain milestones. (More... <https://www.socaltech.com/fullstory/0072606.html>) *Qualcomm Lobs Another Lawsuit At Apple* <https://www.socaltech.com/fullstory/0072610.html> San Diego-based Qualcomm has lobbed another lawsuit against Apple, as the two continue to battle it out over Qualcomm's royalties. According to the new lawsuit, which was filed on Wednesday, Qualcomm accused Apple for improperly sharing confidential documentation from the company with Intel, and also claims Apple refused a request to audit its handling of Qualcomm's software. (More... <https://www.socaltech.com/fullstory/0072610.html>) *Geopointe Acquired By The Ascent Group* <https://www.socaltech.com/fullstory/0072607.html> Orange, California-based sales data mapping software developer *Geopointe <http://www.geopointe.com>* said on Thursday that it has been acquired by *The Ascent Group*, a Detroit-based developer of cloud-based sales performance management software. Financial terms of the deal were not announced. Geopointe's software was used for mapping sales data from CRM tools. Geopointe's founder and CEO is Scott Hemmeter.(More... <https://www.socaltech.com/fullstory/0072607.html>) *SDI Presence Acquires NextLevel IT* <https://www.socaltech.com/fullstory/0072609.html> Los Angeles- and Chicago-based IT consultantcy SDI Presence said on Thursday that it has acquired NexLevel Information Technology, an IT management firm based in Sacramento, but serving all of California. Financial terms of the deal were not disclosed. SDI said the deal will help it build out its local delivery capability throughout California. (More... <https://www.socaltech.com/fullstory/0072609.html>) *Onica Raises $20M For Cloud Migration, IT Services Efforts* <https://www.socaltech.com/fullstory/0072605.html> Santa Monica- and Irvine-based Onica, a provider of IT services focused on cloud-based platforms like Amazon Web Services (AWS), has raised $20M in a funding round, the company announced this week. The company--formerly known as CorpInfo--said the funding came from Sunstone Partners. Onica said it will use the new funding to focus on growth of its Amazon Web Services (AWS) consulting and managed services business. Onica is led by CEO Stephen Garden. (Funding Details <//www.socaltech.com/intelligence/index.php?action=showdeal&id=88840>)( More... <https://www.socaltech.com/fullstory/0072605.html>) *HyreCar Extends Online Car Rentals To New York* <https://www.socaltech.com/fullstory/0072599.html> Los Angeles-based online car rental service HyreCar, which lets users rent out their vehicles to others--including short term rentals to Uber and Lyft drivers--says it has expanded its service to the state of New York. HyreCar says it now has operations in 29 states. HyreCar specifically targets its peer-to-peer car rental marketplace to towards drivers wanting to drive for ride sharing services. The company lets those drivers rent cars by the day, week, or month, from individual vehicle owners. (More... <https://www.socaltech.com/fullstory/0072599.html>) *March Capital Partners Gets Exit As VMware Acquires VeloCloud* <https://www.socaltech.com/fullstory/0072595.html> Santa Monica-based venture capital investor March Capital Partners has chalked up another exit in its enterprise software portfolio, after VMware said Thursday morning that it has acquired VeloCloud, a developer of cloud-based, software-definied, wide-area-network (SD-WAN) technology. March Capital Partners is an investor in VeloCloud, and led VeloCloud's Series C funding in January of 2016. March Capital's investment in VeloCloud was led by Sumant Mandal. (More... <https://www.socaltech.com/fullstory/0072595.html>) *Payoff Becomes Happy Money* <https://www.socaltech.com/fullstory/0072590.html> Costa Mesa-based PayOff, the financial app developer led by CEO Scott Saunders, is in a big rebranding today, saying it has become Happy Money. According to the company, Happy Money is at the intersection of psychology and money, and has the goal of "helping people live happier lives. (More... <https://www.socaltech.com/fullstory/0072590.html>) *SendGrid Sets Estimated IPO Pricing Range* <https://www.socaltech.com/fullstory/0072587.html> SendGrid, the developer of email delivery tools and back-end email services with operations in Irvine, has set its estimated IPO pricing range this morning, saying it is looking to sell 7,700,000 shares of its common stock at between $13.50 and $15.50 per share. The company has been approved to list on the NYSE as SEND. The company's co-founder, Isaac Saldana, is based in Orange County and the company currently has substantial operations in Irvine. (More... <https://www.socaltech.com/fullstory/0072587.html>) *SVB's Startup Outlook Survey! <https://bit.svb.com/2gvUuaG>* SVB recently released its 9th annual Startup Outlook survey, which asks startups from around the world for insights about their outlook on business conditions, hiring, fundraising, and the policy issues affecting their ability to succeed. The data is used to help advocate for high-growth companies and build understanding of the startup economy. Take SVB's annual #StartupOutlook survey here! http://bit.svb.com/2gvUuaG *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]). ------------------------------ *Recent Funding <#m_1473279238845762278_funding>* 11/02/17 Onica <http:///intelligence/?action=showdeal&id=88840> Santa Monica $20.00 M 11/01/17 DermTech International <http:///intelligence/?action=showdeal&id=88818> La Jolla $10.00 M 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 Hyperloop One FKA Hyperloop Technologies <http:///intelligence/?action=showdeal&id=88265> Los Angeles $0.00 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 10/10/17 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 10/09/17 Achates Power <http:///intelligence/?action=showdeal&id=88227> San Diego $29.82 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 3, Santa Monica -- *Who Dares to Enter Halloween HorrorNights?* *NEW* . See http://www.socaltech.com/calendar/eventid/25935 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, Thousand Oaks -- *Cognitive Buildings: The NextFrontier* *NEW* . See http://www.socaltech.com/calendar/eventid/25940 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 7, Los Angeles -- *Vision Right Now 2018 TechnologyConference & Expo* *NEW* . See http://www.socaltech.com/calendar/eventid/25946 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 9, Playa Vista -- *Silicon Beach Networking Mixer At WeWorkin Playa Vista* *NEW* . See http://www.socaltech.com/calendar/eventid/25939 November 10, Corona -- *TriTech Technology Rodeo* *NEW* . See http://www.socaltech.com/calendar/eventid/25933 November 10, Santa Monica -- *The StartEngine ICO 2.0Summit* *NEW* . See http://www.socaltech.com/calendar/eventid/25945 November 11, Pasadena -- *Entrepreneurs in Neuromodulation* *NEW* . See http://www.socaltech.com/calendar/eventid/25941 November 15, Los Angeles -- *LA CoMotion* *NEW* . See http://www.socaltech.com/calendar/eventid/25947 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 16, Los Angeles -- *LA CoMotion* *NEW* . See http://www.socaltech.com/calendar/eventid/25948 November 16, Los Angeles -- *NextUp: Pop! Bursting the CaliforniaWater Bubble - BizFed Institute* *NEW* . See http://www.socaltech.com/calendar/eventid/25952 November 17, Los Angeles -- *LA CoMotion* *NEW* . See http://www.socaltech.com/calendar/eventid/25949 November 18, Los Angeles -- *LA CoMotion* *NEW* . See http://www.socaltech.com/calendar/eventid/25950 November 19, Los Angeles -- *LA CoMotion* *NEW* . See http://www.socaltech.com/calendar/eventid/25951 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 December 1, Los Angeles -- *Los Angeles Auto Show* Los Angeles Auto Show. Founded in 1907, the Los Angeles Auto Show (LA Auto Show), is one of the most influential and best-attended auto shows globally and spans more than 870,000 square feet. Each fall, show creator ANSA Productions gathers the who’s who of the auto industry to unveil the future of mobility in the car culture capital of the world. See http://www.socaltech.com/calendar/eventid/25914 ------------------------------ *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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