*socaltech.com <http://socaltech.com> TechNews - Wednesday, December 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. 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 * - Aspiration Gets $47M For Online Banking Efforts <#m_8988403615572261803_0073077> - Fair Links With Assurant For Vehicle Insurance <#m_8988403615572261803_0073076> - SpaceX Pushes CRS-13 Launch To ISS Until Friday <#m_8988403615572261803_0073074> - EDF Renewable Services Wins Maintenance Deal In Chile <#m_8988403615572261803_0073073> - Clearlake Capital Group Recaps Knight Energy Holdings <#m_8988403615572261803_0073075> - Slingshot Aerospace Raises $3.25M <#m_8988403615572261803_0073066> - Rocket Lab Scrubs Test Launch <#m_8988403615572261803_0073062> - Esri Wins United Nations <#m_8988403615572261803_0073061> - Cie Digital Labs Names EIR <#m_8988403615572261803_0073059> *Marketplace* - Stradling <#m_8988403615572261803_ad608> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_8988403615572261803_ad729> - Square 1 Bank <#m_8988403615572261803_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_8988403615572261803_ad694> - Neohire South <#m_8988403615572261803_ad720> - Stradling <#m_8988403615572261803_ad608> *Wednesday, December 13, 2017* *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]). *Aspiration Gets $47M For Online Banking Efforts* <https://www.socaltech.com/fullstory/0073077.html> Los Angeles-based Aspiration, and online banking startup which calls itself "the financial firm with a conscience", said on Tuesday that it has raised $47M in a Series B funding round. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=89097> )(More... <https://www.socaltech.com/fullstory/0073077.html>) *Fair Links With Assurant For Vehicle Insurance* <https://www.socaltech.com/fullstory/0073076.html> Santa Monica-based Fair, the new startup led by former TrueCar founder and CEO Scott Painter, said today that it has tied with auto insurance provider Assurant as its primary insurance partner. Fair--which offers up an app which lets users gain access to a car with no long term commitments and no physical paperwork--said that Assurant is now the primary underwriter for the Fair-branded property and casualty insurance offered for all vehicles available on the app. (More... <https://www.socaltech.com/fullstory/0073076.html>) *SpaceX Pushes CRS-13 Launch To ISS Until Friday* <https://www.socaltech.com/fullstory/0073074.html> Hawthorne-based SpaceX said late Tuesday evening that it is now pushing its launch of its next mission to the International Space Station until Friday, December 15th, after detection of particles in the 2nd stage fuel system for the Falcon 9. SpaceX had originally hoped to launch its payload for NASA on Tuesday morning. According to SpaceX, it is using the additional time for its team to conduct full inspections and cleanings due to that detection. (More... <https://www.socaltech.com/fullstory/0073074.html>) *EDF Renewable Services Wins Maintenance Deal In Chile* <https://www.socaltech.com/fullstory/0073073.html> San Diego-based EDF Renewable Services, which provides third party operations and maintenance services for the renewable energy industry, reports that it has been selected to provide its services to a solar plant in Chile. According to EDF Renewable Services, it will provide operations and maintenance at the 146 megawatt Bolero Solar Plant, located in the Atacama Desert in Antofagasta. Financial details of the win were not announced. The Bolero plant is owned by EDF EN Chile and Marubeni. (More... <https://www.socaltech.com/fullstory/0073073.html>) *Clearlake Capital Group Recaps Knight Energy Holdings* <https://www.socaltech.com/fullstory/0073075.html> Santa Monica-based private equity investor Clearlake Capital announced this morning that it has led a recapitaliation of Knight Energy Holdings, a provider of oilfield rental tool services for the oil and natural gas industry. Financial details of the recapitalization were not announced. Knight Energy Holdings was in Chapter 11 bankruptcy. Clearlake and Knight said the recap resulted in the reduction of more than $175 million in the Company’s total debt balance. (More... <https://www.socaltech.com/fullstory/0073075.html>) *Slingshot Aerospace Raises $3.25M* <https://www.socaltech.com/fullstory/0073066.html> Los Angeles- and Austin, Texas-based Slingshot Aerospace has raised $3.25M in its Series Seed round, according to lead investor ATX Seed Ventures. The round also included investments from Okapi Venture Capital and Sway Ventures, along with Stage and NoName Ventures. The company, which was part of the recent Techstars Los Angeles class, uses artificial intelligence software to process imagery data. (More... <https://www.socaltech.com/fullstory/0073066.html>) *Rocket Lab Scrubs Test Launch* <https://www.socaltech.com/fullstory/0073062.html> Los Angeles-based rocket developer *Rocket Lab <http://www.rocketlabusa.com>* said late last night that it has scrubbed its launch for today, while its team reviews data. Rocket Lab had been planning a launch--which it has nicknamed "Still Testing"--which it has been hoping to launch from its site in New Zealand. Rocket Lab's "Electron" rocket is being designed for launching small satellites into space. Rocket Lab's co-founder and CEO is Peter Beck.(More... <https://www.socaltech.com/fullstory/0073062.html>) *Esri Wins United Nations* <https://www.socaltech.com/fullstory/0073061.html> Redlands-based Esri, the developer of mapping and geographical information systems (GIS) software, reported this week that it will be powering a new platform for the United Nations, to help report on progress for sustainable development goals. According to Esri, the work with the United Nations Statistics Division (UNSD) will be used to measure, monitor, and report on the Sustainable Development Goals (SDGs) for member states. Financial details of the win were not announced. (More... <https://www.socaltech.com/fullstory/0073061.html>) *Cie Digital Labs Names EIR* <https://www.socaltech.com/fullstory/0073059.html> Irvine-based Cie Digital Labs is announcing this morning that Brad Martin, the former Chairman and CEO of Saks Inc., will join the company as an Executive in Residence. According to Cie Digital, Martin is currently Chairman of Chesapeake Energy, Chairman of RBM Ventures, and Retired Chairman and CEO of Saks Incorporated. Cie Digital recently has focused in becoming a technology "startup studio", after being acquired by technology investor Anderee Berengian. (More... <https://www.socaltech.com/fullstory/0073059.html>) *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. *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/ *Neohire South <http://www.neohiresouth.com>* Your source for the most sought-after startup jobs. At Neohire South, we take our relationships seriously. We apply years of industry experience to assess and curate our talent pool - connecting only top-notch tech candidates with the most exciting startups in the industry. Whether you’re building your team or searching for a job you love, we want to understand your unique needs and goals to create an incredible fit for your future. http://www.neohiresouth.com *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. ------------------------------ *Recent Funding <#m_8988403615572261803_funding>* 12/13/17 Aspiration <http:///intelligence/?action=showdeal&id=89097> Marina Del Rey $47.00 M 12/12/17 Slingshot Aerospace <http:///intelligence/?action=showdeal&id=89095> El Segundo $3.25 M 12/07/17 Metacrine <http:///intelligence/?action=showdeal&id=89091> San Diego $22.00 M 12/06/17 Asilomar Bio <http:///intelligence/?action=showdeal&id=89088> San Francisco $12.25 M 12/06/17 Prevoty <http:///intelligence/?action=showdeal&id=89090> Los Angeles $13.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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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