*socaltech.com <http://socaltech.com> TechNews - Thursday, December 7, 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 Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - Odonate Therapeutics Prices IPO <#m_-3350945860191993412_0073022> - Cornerstone OnDemand Chops Sales Staff, Shuffles Sales Head <#m_-3350945860191993412_0073020> - Prevoty Picks Up $13M More <#m_-3350945860191993412_0073018> - NextWave Ventures Names Director <#m_-3350945860191993412_0073015> - FabFitFun Names VP of Engineering <#m_-3350945860191993412_0073014> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-3350945860191993412_ad729> - Square 1 Bank <#m_-3350945860191993412_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_-3350945860191993412_ad694> - Oracle <#m_-3350945860191993412_ad683> - Stradling <#m_-3350945860191993412_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-3350945860191993412_ad596> *Thursday, December 7, 2017* *Odonate Therapeutics Prices IPO* <https://www.socaltech.com/fullstory/0073022.html> San Diego-based Odonate Therapeutics, a pharmaceuticals startup focused on chemotherapy drugs, has priced its IPO, saying on Wednesday afternoon that it has priced its IPO at $24.00 per share. The $24.00 per share was on the low end of its initial estimated pricing range of $24.00 to $27.00. The company is selling 6,250,000 shares of its common stock in the offering, which will raise $150M for the company. (More... <https://www.socaltech.com/fullstory/0073022.html>) *Cornerstone OnDemand Chops Sales Staff, Shuffles Sales Head* <https://www.socaltech.com/fullstory/0073020.html> Santa Monica-based Cornerstone OnDemand, which develops human capital management and employee learning software, has cut its sales head count, and shuffled its sales and services organizations, the company said late Wednesday. According to Cornerstone OnDemand, it had implemented a "reduction in sales headcount", and in particular "teams with the highest customer acquisition costs" as it looks to more aggressively drive operating margins and free cash flow. (More... <https://www.socaltech.com/fullstory/0073020.html>) *Prevoty Picks Up $13M More* <https://www.socaltech.com/fullstory/0073018.html> Los Angeles-based application security software developer Prevoty announced on Wednesday that it has raised $13M in a new funding round. The funding came from Trident Capital Cybersecurity, along with prior investors. Prevoty develops software which helps applications "self-defend" from attacks in real time. As part of the funding, Prevoty said that Triden Capital Cybersecurity Managing Director Sean Cunningham joins the company's board of directors. Prevoty's CEO is Julien Bellanger. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=89090> )(More... <https://www.socaltech.com/fullstory/0073018.html>) *NextWave Ventures Names Director* <https://www.socaltech.com/fullstory/0073015.html> Carlsbad-based NextWave Ventures, a venture capital investment firm which focuses on commercialization of early-stage technologies, said it has named Dr. Peter Curley as its Director. Curley was previously Director and advisor for Imprimatur Capital, a UK-based venture capital firm, and also served at The Climate Group, Philips Lighting, and the Ecole Polytechnique LOA (Paris) as a researcher in the field of optics and photonics. (More... <https://www.socaltech.com/fullstory/0073015.html>) *FabFitFun Names VP of Engineering* <https://www.socaltech.com/fullstory/0073014.html> West Hollywood-based *FabFitFun <http://www.fabfitfun.com>*, the women's lifestyle brand, said it has named Chris Henley as Vice President of Engineering. Henley was previously CTO of personalized nutrition startup Habit, and also served at Athos, Learnist (Grockit), PlaySay, Roost, SGN, Apptis, AP Systems, and Hughes Network Systems.(More... <https://www.socaltech.com/fullstory/0073014.html>) *Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <https://www.keyinfo.com/public-cloud/#streamone>* Simplify Cloud Management - Multi-Cloud Command & Control from Key Information Systems A major downfall of a hybrid or multi-cloud environment is the difficulty in monitoring and maintaining numerous instances across several accounts and platforms. Add that to deployment complexity and capacity issues, and your business will struggle to reap the benefits of cloud. A multi-cloud consolidation platform from KeyInfo solves these issues and more! KeyInfo provides top notch multi-cloud services, management capabilities and tailored support. We enable customers to procure cloud services from a single source, allowing for the access and management of a full range of industry-leading IaaS cloud providers including Amazon Web Services, IBM, Microsoft and more. We work with you to meet your cloud strategy needs and enable you to leverage all of the unique capabilities of the platform. To schedule an appointment, visit https://www.keyinfo.com/public-cloud/#streamone *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. *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_-3350945860191993412_funding>* 12/06/17 Prevoty <http:///intelligence/?action=showdeal&id=89090> Los Angeles $13.00 M 12/06/17 Asilomar Bio <http:///intelligence/?action=showdeal&id=89088> San Francisco $12.25 M 12/04/17 NanoCellect Biomedical, Inc. <http:///intelligence/?action=showdeal&id=89085> San Diego $10.00 M 11/30/17 Enjoius <http:///intelligence/?action=showdeal&id=89081> Los Angeles $1.40 M 11/30/17 TetraVue <http:///intelligence/?action=showdeal&id=89082> Vista $0.00 M 11/29/17 Transphorm, Inc. <http:///intelligence/?action=showdeal&id=89079> Goleta $15.00 M 11/22/17 Divergent3D <http:///intelligence/?action=showdeal&id=88983> Los Angeles $65.00 M 11/21/17 HopSkipDrive <http:///intelligence/?action=showdeal&id=70908> South Pasadena $7.40 M 11/16/17 Inboard Technology <http:///intelligence/?action=showdeal&id=88941> Santa Cruz $8.00 M 11/15/17 Hopscotch Mobile <http:///intelligence/?action=showdeal&id=88940> Los Angeles $5.00 M 11/09/17 ScoreStream, Inc. <http:///intelligence/?action=showdeal&id=88930> San Diego $0.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html December 11, Dana Point -- *AIMed* AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare. See http://www.socaltech.com/calendar/eventid/25967 December 12, Santa Monica -- *Book Launch Event for Media 2.0(18)with Peter Csathy* Book Launch Event for Media 2.0(18) with Peter Csathy. Media 2.0(18) : An Insider's Guide to Today's World of Digital Media & Where It's Going Peter Csathy's upcoming new book -- completely re-imagined and expanded for 2018 -- features exclusive interviews with 20 key CEOs, investors & influencers and takes you on a journey of how technology has transformed the world of content, offering a detailed snapshot of today’s digital media world — including Internet-driven over-the-top (OTT) video, music, virtual reality (VR), augmented reality (AR), and eSports. Csathy identifies today’s digital media leaders, identifies their strengths and risks, and names his “Fearless Five” companies that made the boldest and most audacious Media 2.0 moves in 2017. See http://www.socaltech.com/calendar/eventid/25964 December 12, Dana Point -- *AIMed* AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare. See http://www.socaltech.com/calendar/eventid/25968 December 13, 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/25887 December 13, Dana Point -- *AIMed* AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare. See http://www.socaltech.com/calendar/eventid/25969 December 14, Dana Point -- *AIMed* AIMed: Artificial Intelligence In Medicine. Event on AI in medicine and healthcare. See http://www.socaltech.com/calendar/eventid/25970 ------------------------------ *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. Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses 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. 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