*socaltech.com <http://socaltech.com> TechNews - Thursday, December 21, 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). Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas ------------------------------ *Headlines * - Interview with Richard Sussman, NordicEye <#m_-7739003791038860381_0073166> - Veritone Acquires Atigeo <#m_-7739003791038860381_0073163> - GumGum Passes $100M In Annual Revenues Mark <#m_-7739003791038860381_0073162> - Zenlayer Buys C3 Networks <#m_-7739003791038860381_0073165> - Penske Media Buys Rolling Stone Magazine <#m_-7739003791038860381_0073161> - Zesty.io Picks Up $1.5M in Funding <#m_-7739003791038860381_0073156> - Science Launches Bitcoin Mining Effort <#m_-7739003791038860381_0073150> *Marketplace* - Oracle <#m_-7739003791038860381_ad683> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-7739003791038860381_ad611> - Stradling <#m_-7739003791038860381_ad608> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-7739003791038860381_ad729> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-7739003791038860381_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_-7739003791038860381_ad188> *Thursday, December 21, 2017* *Interview with Richard Sussman, NordicEye* <https://www.socaltech.com/fullstory/0073166.html> For today's interview, we spoke with Richard Sussman, who is leading up investments for a new venture capital firm in town, NordicEye ( www.nordiceye.com), which just saw a big exit in one of its very first investments, Los Angeles-based Weblife. NordicEye invested $3M for a 30 percent stake in Weblife a year ago, and just sold the firm to Proofpoint for $66M. (More... <https://www.socaltech.com/fullstory/0073166.html>) *Veritone Acquires Atigeo* <https://www.socaltech.com/fullstory/0073163.html> Costa Mesa-based artificial intelligence software developer Veritone said late Wednesday that it has acquired the software and intellectual property of Atigeo Corporation. Financial details of the acquisition were not announced. Atigeo said it acquired the software plus 60 issued and pending patents covering various aspects of Atigeo's data science technology. The company also said it plans to hire former Atigeo data scientists and software engineers. (More... <https://www.socaltech.com/fullstory/0073163.html>) *GumGum Passes $100M In Annual Revenues Mark* <https://www.socaltech.com/fullstory/0073162.html> Santa Monica-based GumGum, which is using computer vision in the programmatic advertising market, sports, and social media, said today that it has just passed up the $100M in revenues mark. The company, led by CEO Ophir Tanz, said those revenues represent 53 percent year-over-year growth for the privately held firm. GumGum said its revenues in 2016 were $72M, and it expects to have revenues of nearly $110M in 2017. (More... <https://www.socaltech.com/fullstory/0073162.html>) *Zenlayer Buys C3 Networks* <https://www.socaltech.com/fullstory/0073165.html> Los Angeles-based *Zenlayer <http://www.zenlayer.com>* said this week that it acquired the majority of the assets of *C3 Networks*, a provider of network services. Financial terms of the acquisition were not announced. Zenlayer is a provider of software defined networks and services, and is venture backed by F&G Venture and NSFOCUS.(More... <https://www.socaltech.com/fullstory/0073165.html>) *Penske Media Buys Rolling Stone Magazine* <https://www.socaltech.com/fullstory/0073161.html> Los Angeles-based Penske Media said on Wednesday that it is buying a majority of Rolling Stone magazine. Financial details of the deal were not announced, however, reports say the deal values Rolling Stone at more than $110M. Penske Media is led by Jay Penske. The media firm already owns such titles as Variety, Deadline.com, Robb Report, and other online and print publications. Penske has recently been acquiring brand name, print publications, and adapting their operations to a digital world. (More... <https://www.socaltech.com/fullstory/0073161.html>) *Zesty.io Picks Up $1.5M in Funding* <https://www.socaltech.com/fullstory/0073156.html> San Diego-based Zesty.io, a startup developing web content management systems, said on Wednesday that it has raised $1.5M in a new funding. The funding came from ClearVision Equity Partners, a local San Diego investors. According to Zesty.io, the new funding comes on top of an existing investment, bring its total raised to $2.8M. (More... <https://www.socaltech.com/fullstory/0073156.html>) *Science Launches Bitcoin Mining Effort* <https://www.socaltech.com/fullstory/0073150.html> Santa Monica-based Science, the startup studio led by former MySpace CEO Michael Jones, says it is booting up an effort to launch its own, bitcoin "mining" facility here in the United States, using renewable energy. Science said the effort comes out of Science Blockchain, its incubator which is focused on funding and growing companies in the Blockchain space. ( More... <https://www.socaltech.com/fullstory/0073150.html>) *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]). *SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <http://www.socalip.com>* IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.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. *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 *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] *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_-7739003791038860381_funding>* 12/20/17 Happy Returns <http:///intelligence/?action=showdeal&id=89121> Santa Monica $8.00 M 12/19/17 Virgin Hyperloop One <http:///intelligence/?action=showdeal&id=89116> Los Angeles $50.00 M 12/19/17 Luna DNA <http:///intelligence/?action=showdeal&id=89117> San Diego $2.00 M 12/14/17 Dreamscape Immersive, Inc. <http:///intelligence/?action=showdeal&id=89113> Santa Monica $30.00 M 12/14/17 Girlboss <http:///intelligence/?action=showdeal&id=89112> Los Angeles $3.10 M 12/13/17 Aspiration <http:///intelligence/?action=showdeal&id=89097> Marina Del Rey $47.00 M 12/13/17 Syndio <http:///intelligence/?action=showdeal&id=89111> Los Angeles $0.65 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html January 20, Pasadena -- *e-Gaming and e-Sports: The OpportunitiesAbound* e-Gaming and e-Sports: The Opportunities Abound. Caltech Enterprise Forum. e-Gaming and e-Sports has quickly evolved and exploded in popularity through amateur on-line games and professional competitions where thousands of fans attend live events in arena-sized venues as millions of people watch on-line. A powerful and growing audience has emerged, signaling big changes for the Video Game and Sports Media industries, creating new opportunities for brand sponsorship, media rights, location-based entertainment, advertising and marketing. Join us for an industry panel discussion for the opportunity to hear from four e-gaming and e-sports pioneers and entrepreneurs for an insider’s look at this wildly expanding industry. See http://www.socaltech.com/calendar/eventid/25942 ------------------------------ *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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