*socaltech.com <http://socaltech.com> TechNews - Monday, November 13, 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 Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - Robot Trucks Now Hauling Appliances To Palm Springs <#m_-4852842352576365950_0072730> - Razer Raises $530M In Hong Kong IPO <#m_-4852842352576365950_0072732> - Skyworks Gets Design Win With Tracking Device Maker <#m_-4852842352576365950_0072729> - Neural Analytics Published Positive Data On Stroke Measurement <#m_-4852842352576365950_0072731> - AutoGravity Tops One Million Car Financing Shoppers <#m_-4852842352576365950_0072733> - Live.me Raises $50M In Series B From Bytedance <#m_-4852842352576365950_0072725> - Activision Sued By Humvee Maker Over Call Of Duty <#m_-4852842352576365950_0072718> - Musical.ly Merges With Bytedance, Owner of Flipagram <#m_-4852842352576365950_0072715> - Respawn Entertainment Acquired By EA For Up To $455M <#m_-4852842352576365950_0072713> - 2U Adds Another Degree Program At USC <#m_-4852842352576365950_0072717> - ZYNC Music Acquired By Round Hill Music <#m_-4852842352576365950_0072716> - Hyperloop One's Shervin Pishevar Sues Political Group Over Smear Campaign <#m_-4852842352576365950_0072706> - Troy Capital Backs TrueCar Vet's New Startup, Rollick Outdoor <#m_-4852842352576365950_0072703> - FreedomPop To Offer Devices, Plans At Target <#m_-4852842352576365950_0072694> *Marketplace* - SVB's Startup Outlook Survey! <#m_-4852842352576365950_ad727> - Try 2 months with better backups - KeyCloud <#m_-4852842352576365950_ad723> - Square 1 Bank <#m_-4852842352576365950_ad695> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-4852842352576365950_ad596> *Monday, November 13, 2017* *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. *Robot Trucks Now Hauling Appliances To Palm Springs* <https://www.socaltech.com/fullstory/0072730.html> Watch out, truckers! Appliance maker Frigidaire and robotic truck technology maker Embark, along with commercial fleet management provider Ryder Systems revealed late Sunday evening that they have been using automated, robotic trucks to deliver loads of appliances from El Paso, Texas, across the I-10, to a handoff point in Palm Springs, as a pilot of a Level 2 automated trucking system. (More... <https://www.socaltech.com/fullstory/0072730.html>) *Razer Raises $530M In Hong Kong IPO* <https://www.socaltech.com/fullstory/0072732.html> Gaming accessory maker Razer, which has offices in Irvine and was founded in San Diego, has raised $530M in its IPO in Hong Kong this morning. The company, which makes gaming notebooks, headsets, keyboards, mice, and other accessories, is led by CEO Tan Min-Liang, and was co-founded by San Diego resident Robert Krakoff. The IPO makes Min-Liang a billionaire, at least on paper; it's unclear how much of Razer is still owned by Krakoff. (More... <https://www.socaltech.com/fullstory/0072732.html>) *Skyworks Gets Design Win With Tracking Device Maker* <https://www.socaltech.com/fullstory/0072729.html> Irvine-based analog semiconductor maker *Skyworks Solutions <http://www.skyworks.com>* reported a customer win this morning, with tracking device maker XY Findables. Skyworks said its front-end systems are being used by XY Findables to power their personal item finders. Shipment volumes and financial impact of the design win were not announced by Skyworks. Skyworks' chip is used to provide front-end Bluetooth Low Energy wireless connectivity in devices.(More... <https://www.socaltech.com/fullstory/0072729.html>) *Neural Analytics Published Positive Data On Stroke Measurement* <https://www.socaltech.com/fullstory/0072731.html> Los Angeles-based Neural Analytics, a medical device developer which is developing portable devices for measuring concussions (or traumatic brain injury, TBI) and other brain injuries, says it has published results from a study of its product, showing its technology can accurately measure early strokes. The company said the data was presented at the 10th Society of Vascular and Interventional Annual Meeting. (More... <https://www.socaltech.com/fullstory/0072731.html>) *AutoGravity Tops One Million Car Financing Shoppers* <https://www.socaltech.com/fullstory/0072733.html> Irvine-based AutoGravity said today that more than one million usrs have now used its fintech platform, using its service to browse cars and receive personalized finance offers on vehicles. AutoGravity did not say how many of those users actually transacted a purchase. The company, which launched in 2016, lets users request financing quotes on vehicles using their smartphone; the company says it currently has a network of more than 2,000 dealers using its system. (More... <https://www.socaltech.com/fullstory/0072733.html>) *Live.me Raises $50M In Series B From Bytedance* <https://www.socaltech.com/fullstory/0072725.html> In the second big piece of news in Los Angeles from Chinese company Bytedance, Bytedance said on Friday that it will invest $50M in a Series B funding in Los Angeles-based Live.me, a developer of an online livestreaming service. Live.me is a subsidiary of Chinese company Cheetah Mobile. The news comes shortly after Bytedance (Beijing Bytedance Technology Co Ltd) also announced it had acquired another Los Angeles, social app developer, Musical. (More... <https://www.socaltech.com/fullstory/0072725.html>) *Activision Sued By Humvee Maker Over Call Of Duty* <https://www.socaltech.com/fullstory/0072718.html> Santa Monica-based Activision has been sued by the developer of the ubiquitous Humvee military vehicles, AM General LLC, over the use by Activision of its vehicles in the game Call of Duty. The lawsuit was filed in the U.S. District Court in Manhattan on Tuesday. The lawsuit covers not only the use of the Humvee in Activision's video game, but also related game-related toys and merchandise. (More... <https://www.socaltech.com/fullstory/0072718.html>) *Musical.ly Merges With Bytedance, Owner of Flipagram* <https://www.socaltech.com/fullstory/0072715.html> Los Angeles-based Musical.ly, which develops mobile apps centered around short video, has merged with Chinese company Bytedance. Financial details of the merger were not announced. According to the two, Musical.ly will continue to operate as its own, independent platform, with founders Louis Yang and Alex Zhu joining Bytedance's team. The two said the move will help Musical.ly extend its reach in China and across Asia. (More... <https://www.socaltech.com/fullstory/0072715.html>) *Respawn Entertainment Acquired By EA For Up To $455M* <https://www.socaltech.com/fullstory/0072713.html> Los Angeles-based game studio Respawn Entertainment, best known for its development of the title Titanfall, has been acquired by Electronic Arts, the two said on Thursday afternoon. EA said it will pay $151M in cash, and up to $164M in long term equity to employees, for Respawn, plus up to $140M in performance-based milestone payments--for a deal which could be worth up to $455M. Respawn Entertainment was led by Vince Zampella, and was based in Sherman Oaks. (More... <https://www.socaltech.com/fullstory/0072713.html>) *2U Adds Another Degree Program At USC* <https://www.socaltech.com/fullstory/0072717.html> Online education operator 2U, which has offices in Los Angeles, has added another degree program at the University of Southern California, the company said this week. According to 2U, it has announced a new partnership with the University of Southern California Sol Price School of Public Policy where it will offer up two new, online graduate degrees for professionals from the school. Financial details of the new deal were not announced. (More... <https://www.socaltech.com/fullstory/0072717.html>) *ZYNC Music Acquired By Round Hill Music* <https://www.socaltech.com/fullstory/0072716.html> Los Angeles-based Zync Music, a music licensing startup focused on placement of music in film, advertising, movie trailers, games, and elsewhere, has become part of Round Hill Music, the two said Thursday. Financial details of the deal were not announced. (More... <https://www.socaltech.com/fullstory/0072716.html>) *Hyperloop One's Shervin Pishevar Sues Political Group Over Smear Campaign* <https://www.socaltech.com/fullstory/0072706.html> Venture capital investor Shervin Pishevar, the co-founder and Executive Chairman of Los Angeles-based Hyperloop One, has just filed a lawsuit alleging a political research group has been running a smear campaign against him. Pishevar filed the lawsuit in San Francisco against company Definers Public Affairs this week. (More... <https://www.socaltech.com/fullstory/0072706.html>) *Troy Capital Backs TrueCar Vet's New Startup, Rollick Outdoor* <https://www.socaltech.com/fullstory/0072703.html> Santa Monica-based Troy Capital Partners, a new venture investment firm led by Josh Berman, Brian Sullivan, and Samit Varma, has backed a veteran of TrueCar for a new startup called Rollick Outdoor. Rollick, created by former TrueCar co-founder and Chief Strategy Officer Bernie Brenner, said it raised $5M in a seed funding to help powersports, marine, and RV dealers with their retail experience,. (Funding Details <//www.socaltech.com/intelligence/index.php?action=showdeal&id=88870>)( More... <https://www.socaltech.com/fullstory/0072703.html>) *FreedomPop To Offer Devices, Plans At Target* <https://www.socaltech.com/fullstory/0072694.html> Los Angeles-based free mobile phone service FreedomPop has scored a major distribution deal with retail chain Target, saying that more than 1,100 Target retail locations will offer up its SIM and Android devices. According to FreedomPop, the move comes as Target is looking to compete against Wal-Mart in offering up low priced wireless service to consumers. FreedomPop said that shoppers can purchase a $4. (More... <https://www.socaltech.com/fullstory/0072694.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]. *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] ------------------------------ *Recent Funding <#m_-4852842352576365950_funding>* 11/07/17 Tear Film Innovations <http:///intelligence/?action=showdeal&id=88846> San Diego $9.00 M 11/07/17 PROGENITY, INC. <http:///intelligence/?action=showdeal&id=88857> San Diego $125.00 M 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 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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, Playa Vista -- *Leveraging Machine Learning and DataScience to Drive Business Results* Leveraging Machine Learning and Data Science to Drive Business Results. AITP Los Angeles and Technology Council of Southern California. The new technology landscape with origins in data science opens many new possibilities. Our November event will provide insights on the many emerging trends. Speakers: Tony Karrer, Founder/CEO of TechEmpower & Founder/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. See http://www.socaltech.com/calendar/eventid/25953 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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
