*socaltech.com <http://socaltech.com> TechNews - Monday, November 6, 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. 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 ------------------------------ *Headlines * - Broadcom Offers $130 Billion To Acquire Qualcomm <#m_6762326374789826439_0072627> - Aquam Finds $26M For Utility Infrastructure Technology, Services <#m_6762326374789826439_0072629> - QLess Raises $5.5M In New Funding <#m_6762326374789826439_0072628> - Airthinx Takes On Indoor Air Quality With New Device <#m_6762326374789826439_0072630> - Clearlake Capital Backs MetricStream In $65M Funding Round <#m_6762326374789826439_0072631> - Report: Broadcom Mulling Giant Takeover Of Qualcomm, Worth $100 Billion <#m_6762326374789826439_0072626> - DroneBase Takes Minecraft To The Skies Using AR <#m_6762326374789826439_0072623> - Wiliot Finds Funding From Qualcomm, Merck For Battery-Free Wireless Chips <#m_6762326374789826439_0072620> - Cornerstone OnDemand Backs Rallyteam, Founded By Former VP <#m_6762326374789826439_0072617> - Report: Snap Acquires Metamarkets <#m_6762326374789826439_0072614> *Marketplace* - "Roadmap to Small Business Success" with Christine Perakis - Nov 9 <#m_6762326374789826439_ad728> - Try 2 months with better backups - KeyCloud <#m_6762326374789826439_ad723> - Oracle <#m_6762326374789826439_ad683> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_6762326374789826439_ad188> *Monday, November 6, 2017* *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 *Broadcom Offers $130 Billion To Acquire Qualcomm* <https://www.socaltech.com/fullstory/0072627.html> Semiconductor giant Broadcom unveiled its $130 billion bid for Qualcomm this morning, in a move, if successful, which would bring together two of Southern California's biggest technology companies. Broadcom that it has proposed to acquire all of the outstanding shares of Qualcomm for $70.00 in cash and stock. Broadcom said the deal would be split between $60.00 in cash and $10.00 per share in Broadcom shares. (More... <https://www.socaltech.com/fullstory/0072627.html>) *Aquam Finds $26M For Utility Infrastructure Technology, Services* <https://www.socaltech.com/fullstory/0072629.html> San Diego-based Aquam Corporation, which provides technology for addressing deteriorating pipes used in water and other utility infrastructure, has raised $26M in a private equity funding, the company said this morning. The funding came from NewWorld Capital Group, and also included an un-nnamed, Credit Suisse advised fund. According to Aquam, the new funding goes towards further product development and geographic expansion of its businesses. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=88845> )(More... <https://www.socaltech.com/fullstory/0072629.html>) *QLess Raises $5.5M In New Funding* <https://www.socaltech.com/fullstory/0072628.html> Pasadena-based QLess, which develops software to help eliminate lines for businesses, has raised $5.5M in a private equity funding, the company said today. The funding was led by Palisades Growth Capital and Act One Ventures, and also included several of its prior investors. As part of the funding, Palisades' Jeff Anderson and Bridge President/COO Mike Bell will both join the company's board of directors. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=88844>)(More... <https://www.socaltech.com/fullstory/0072628.html>) *Airthinx Takes On Indoor Air Quality With New Device* <https://www.socaltech.com/fullstory/0072630.html> Irvine-basd Airthinx said today that it has rolled out a new product, aimed at helping users monitor the indoor air quality of their commercial, retail, or residential building. According to Airthinx, it has launched a new Internet-of-Thing (IoT) device which includes nine sensors for continuous, long term, and real-time monitoring of air quality. The new device includes sensors for PM 1, PM 2.5, PM 10, CO2, CH2O, VOCs, temperature, humidity, and pressure. (More... <https://www.socaltech.com/fullstory/0072630.html>) *Clearlake Capital Backs MetricStream In $65M Funding Round* <https://www.socaltech.com/fullstory/0072631.html> Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream, Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. Clearlake's Prashant Mehrotra has join MetricStream's board as part of the funding round. MetricStream is based in Palo Alto, California. (More... <https://www.socaltech.com/fullstory/0072631.html>) *Report: Broadcom Mulling Giant Takeover Of Qualcomm, Worth $100 Billion* <https://www.socaltech.com/fullstory/0072626.html> In a possible deal that would pull together two of Southern California's semiconductor giants, Broadcom is reportedly putting together a bid to acquire Qualcomm, in a deal worth more than $100 billion. According to a report from Bloomberg--quoting "people familiar with the matter"--Broadcom is planning on offering around $70.00 per share in cash and stock for Qualcomm. Details on the possible deal were not announced. (More... <https://www.socaltech.com/fullstory/0072626.html>) *DroneBase Takes Minecraft To The Skies Using AR* <https://www.socaltech.com/fullstory/0072623.html> Think "Minecraft" meets "drone pilot", and what you get is AirCraft, a new augmented-reality app which lets drone pilots "build" a Minecraft-like world through flying their drones. DroneBase--the Los Angeles-based drone platform developer which is backed by Union Square Ventures, Upfront Ventures, Accel Partners, SV Angel and DJI--said its new AirCraft platform is designed to let either commercial or recreational pilots use their drone to "reate, edit, and share objects in the sky". (More... <https://www.socaltech.com/fullstory/0072623.html>) *Wiliot Finds Funding From Qualcomm, Merck For Battery-Free Wireless Chips* <https://www.socaltech.com/fullstory/0072620.html> San Diego-based fabless semiconductor startup Wiliot, which is developing Bluetooth chips which the company says do not require batteries, has raised $5M in a round of funding form Qualcomm Ventures and M Ventures, the strategic venture capital arm of Merck KGaA. The funding also included Grove Ventures Partners, Norwest Venture Partners and 83North Venture Capital. Wiliot said it has now raised $19M in total, including $14M in its Series A plus the new $5M addition from Qualcomm and Merck. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=55907>)( More... <https://www.socaltech.com/fullstory/0072620.html>) *Cornerstone OnDemand Backs Rallyteam, Founded By Former VP* <https://www.socaltech.com/fullstory/0072617.html> Los Angeles-based Cornerstone OnDemand is one of the investors in a new startup, Rallyteam, whic is developing software to help match their employees to skills, experiences, and interests. According to Rallyteam this week, it raised $8.6M in a funding, which was led by Norwest Venture Partners and Storm Ventures, and also included Cornerstone OnDemand and Wilson Sonsini Goodrich & Rosati. (More... <https://www.socaltech.com/fullstory/0072617.html>) *Report: Snap Acquires Metamarkets* <https://www.socaltech.com/fullstory/0072614.html> Venice-based *Snap <https://www.snap.com>*, the parent company of *Snapchat <https://www.snapchat.com>*, has reportedly acquired programmatic advertising startup *Metamarkets*, according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco. Neither Snap nor Metamarkets have yet announced any acquisition.(More... <https://www.socaltech.com/fullstory/0072614.html>) *"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 *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]). *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_6762326374789826439_funding>* 11/06/17 Aquam <http:///intelligence/?action=showdeal&id=88845> San Diego $26.00 M 11/06/17 QLess <http:///intelligence/?action=showdeal&id=88844> Pasadena $5.50 M 11/03/17 Globality <http:///intelligence/?action=showdeal&id=88841> Menlo Park $35.00 M 11/03/17 Wiliot <http:///intelligence/?action=showdeal&id=88842> San Diego $5.00 M 11/02/17 Wiliot <http:///intelligence/?action=showdeal&id=88843> San Diego $14.00 M 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 Cloud9 Esports, Inc. <http:///intelligence/?action=showdeal&id=88592> Santa Monica $25.00 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html November 7, Thousand Oaks -- *Cognitive Buildings: The NextFrontier* Cognitive Buildings: The Next Frontier. Clean Technology Council. Dr. Burchin Beceric-Gerber from USC reviews exciting technologies that will improve a buildings safety and reduce energy use. She has published over 120 journal and conference papers and received over $5 million from the National Science Foundation, Dept. of Energy, Dept. of Transportation and corporate sponsors. MIT’s 2012 Technology Review named her one of the world’s top young innovators under the age of 35.. 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* Vision Right Now 2018 Technology Conference & Expo.. 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* Silicon Beach Networking Mixer At WeWork in Playa Vista. Thursday, November 9th Starting at 6pm! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries. We always have a great mix of people from Influencers to Startup CEO's and more. Register immediately for an early bird ticket. Quick note: Book a presentation ticket and get 5 minutes of stage time to present your company, talent or host a demonstration. See http://www.socaltech.com/calendar/eventid/25939 November 10, Corona -- *TriTech Technology Rodeo* TriTech Technology Rodeo. TriTech’s Technology Rodeo will be showcasing and demonstrating technological solutions from NASA, Navy, UC Riverside, and other small local businesses. Each sector will showcase a number of technologies, after which members of the audience will be encouraged to ask questions, inspiring high-level networking and collaboration. Email [email protected] to register.. See http://www.socaltech.com/calendar/eventid/25933 November 10, Santa Monica -- *The StartEngine ICO 2.0Summit* The StartEngine ICO 2.0 Summit. Hear from top leaders in cryptocurrency, blockchain, and equity crowdfunding about how the U.S. is already positioned to accommodate regulated coin offerings. And meet the ambitious entrepreneurs who are going to make it all happen. See http://www.socaltech.com/calendar/eventid/25945 November 11, Pasadena -- *Entrepreneurs in Neuromodulation* Entrepreneurs in Neuromodulation. Caltech Enterprise Forum. Neurons and Electrons: Integrating neural devices with the human body Our program will explore the near and intermediate term prospects for researching, developing and implementing devices that interact with the body’s neural network. These type of devices might affect the five senses, muscle control and other functions within the body. These devices could include anything from computer chips, electrodes, hardware, electrical signals and other synthetic items that interact with the human body.. See http://www.socaltech.com/calendar/eventid/25941 November 15, Los Angeles -- *LA CoMotion* LA CoMotion. LA CoMotion brings together the brave new world of the urban mobility revolution — a revolution that is set to transform every city in the world, large and small. Global mayors, leading technologists, public transport operators and venture capitalists, start-ups and established players — the entire landscape of new urban mobility will be present in November for LA CoMotion. Five days of immersive and inspirational talks, demos, test drives and exhibitions — a glimpse into our new urban future. Seee http://www.lacomotion.com/. 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* LA CoMotion. LA CoMotion brings together the brave new world of the urban mobility revolution — a revolution that is set to transform every city in the world, large and small. Global mayors, leading technologists, public transport operators and venture capitalists, start-ups and established players — the entire landscape of new urban mobility will be present in November for LA CoMotion. Five days of immersive and inspirational talks, demos, test drives and exhibitions — a glimpse into our new urban future. Seee http://www.lacomotion.com/. See http://www.socaltech.com/calendar/eventid/25948 November 16, Los Angeles -- *NextUp: Pop! Bursting the CaliforniaWater Bubble - BizFed Institute* NextUp: Pop! Bursting the California Water Bubble. The NextUp Economic Forum presents a multi-part series exploring the impacts of California's population change and growth on vital resources and the economy. See http://www.socaltech.com/calendar/eventid/25952 November 17, Los Angeles -- *LA CoMotion* LA CoMotion. LA CoMotion brings together the brave new world of the urban mobility revolution — a revolution that is set to transform every city in the world, large and small. Global mayors, leading technologists, public transport operators and venture capitalists, start-ups and established players — the entire landscape of new urban mobility will be present in November for LA CoMotion. Five days of immersive and inspirational talks, demos, test drives and exhibitions — a glimpse into our new urban future. Seee http://www.lacomotion.com/. See http://www.socaltech.com/calendar/eventid/25949 November 18, Los Angeles -- *LA CoMotion* LA CoMotion. LA CoMotion brings together the brave new world of the urban mobility revolution — a revolution that is set to transform every city in the world, large and small. Global mayors, leading technologists, public transport operators and venture capitalists, start-ups and established players — the entire landscape of new urban mobility will be present in November for LA CoMotion. Five days of immersive and inspirational talks, demos, test drives and exhibitions — a glimpse into our new urban future. Seee http://www.lacomotion.com/. See http://www.socaltech.com/calendar/eventid/25950 November 19, Los Angeles -- *LA CoMotion* LA CoMotion. LA CoMotion brings together the brave new world of the urban mobility revolution — a revolution that is set to transform every city in the world, large and small. Global mayors, leading technologists, public transport operators and venture capitalists, start-ups and established players — the entire landscape of new urban mobility will be present in November for LA CoMotion. Five days of immersive and inspirational talks, demos, test drives and exhibitions — a glimpse into our new urban future. Seee http://www.lacomotion.com/. 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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