*socaltech.com <http://socaltech.com> TechNews - Friday, January 12, 2018* 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). 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 * - Acorns Gets Investment From TPG <#m_-1065576104249140387_0073327> - Internet Brands Acquires Avvo <#m_-1065576104249140387_0073324> - IMDb Launches Its Own Weekly Show Out Of Los Angeles <#m_-1065576104249140387_0073325> - Southern California Edison Plans New EV Transportation Pilots <#m_-1065576104249140387_0073326> - LoanHero Acquired By LendingPoint <#m_-1065576104249140387_0073313> - Interlink Electronics Names New CFO <#m_-1065576104249140387_0073314> *Marketplace* - Neohire South <#m_-1065576104249140387_ad720> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-1065576104249140387_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_-1065576104249140387_ad188> - Oracle <#m_-1065576104249140387_ad683> *Friday, January 12, 2018* *Acorns Gets Investment From TPG* <https://www.socaltech.com/fullstory/0073327.html> Irvine-based micro-investing app developer Acorns said this morning that it has received an investment from private equity investor TPG, via TPG's The Rise Fund, which is focused on companies in the social and environmental area. According to Acorns, the investment by TPG's Rise Fund is the first in a fintech company. Size of the investment was not announced by the company. (More... <https://www.socaltech.com/fullstory/0073327.html>) *Internet Brands Acquires Avvo* <https://www.socaltech.com/fullstory/0073324.html> Los Angeles-based Internet Brands said on Thursday that it has agreed to acquire Avvo, which operates an online legal marketplace where consumers can connect with lawyers. Financial terms of the deal were not announced. According to Internet Brands, Avvo will become part of its Legal vertical. Avvo was founded in 2006, and was venture backed by Benchmark Capital, Coatue Management, DAG Ventures, Ignition Partners, Technology Crossover Ventures, and Vulcan Capital. (More... <https://www.socaltech.com/fullstory/0073324.html>) *IMDb Launches Its Own Weekly Show Out Of Los Angeles* <https://www.socaltech.com/fullstory/0073325.html> Online movie information site IMDb--which is owned by Amazon.com--said Thursday that it is launching its very own, weekly show, which will be produced and filmed in Studio City. According to IMDb, the show will debut each Thursday on its website, its mobile apps, and social channels, and feature filmmaker and podcaster Kevin Smith, Tim Kash, and Kerri Doherty. IMDb said the new series will provide a "unique perspective on the week in entertainment". (More... <https://www.socaltech.com/fullstory/0073325.html>) *Southern California Edison Plans New EV Transportation Pilots* <https://www.socaltech.com/fullstory/0073326.html> Southern California Edison said late Thursday afternoon that it has received approval to launch four new, electric vehicle transportation pilots, which will help expand the adoption of electric vehicles. According to Edison,the four pilot projects--worth around $4M each--were approved by the California Public Utilities Commission, and are part of a much larger effort to expand the electrification of cars, buses, medium- and heavy-duty trucks, and industrial vehicles and equipment. (More... <https://www.socaltech.com/fullstory/0073326.html>) *LoanHero Acquired By LendingPoint* <https://www.socaltech.com/fullstory/0073313.html> San Diego-based LoanHero, which had offered up a service to help merchants offer up point-of-sale financing options to consumers, has been acquired by Georgia-based LendingPoint. Financial details of the deal were not announced. According to LoanHero had been venture backed by Alsop Louie Partners and Mucker Capital, and had raised $4.2M in total funding. LoanHero had been founded in 2014. LoanHero's Chairman and CEO was Zalman Vitenson. (More... <https://www.socaltech.com/fullstory/0073313.html>) *Interlink Electronics Names New CFO* <https://www.socaltech.com/fullstory/0073314.html> Westlake Village-based Interlink Electronics said on Wednesday afternoon that it has named David S. Burnett as its Chief Financial Officer. Burnett had previously served as CFO of the company, from August 2016 to April of 2017. Interlink says Burnett has also been appointed CFO of BKF Capital Group, and OTC traded company which owns 11.93 percent of the company. Burnett was most recently CFO of Palmetto Clean Technology, Inc. (More... <https://www.socaltech.com/fullstory/0073314.html>) *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 *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <+johnhuttin...@pacificunified.com>* 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 johnhuttin...@pacificunified.com *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 *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 (ryan.mondi...@oracle.com). ------------------------------ *Recent Funding <#m_-1065576104249140387_funding>* 1/10/18 StackShare <http:///intelligence/?action=showdeal&id=89433> $5.20 M 1/09/18 Oben, Inc. <http:///intelligence/?action=showdeal&id=89431> Pasadena $10.00 M 1/08/18 Neural Analytics, Inc. <http:///intelligence/?action=showdeal&id=89429> Los Angeles $15.00 M 1/04/18 Chrome River Technologies, Inc. <http:///intelligence/?action=showdeal&id=89386> Los Angeles $35.00 M 1/03/18 Expansion Therapeutics <http:///intelligence/?action=showdeal&id=89355> San Diego $55.30 M 1/03/18 Critical Diagnostics <http:///intelligence/?action=showdeal&id=89356> San Diego $8.50 M 12/20/17 Happy Returns <http:///intelligence/?action=showdeal&id=89121> Santa Monica $8.00 M 12/19/17 Luna DNA <http:///intelligence/?action=showdeal&id=89117> San Diego $2.00 M 12/19/17 Virgin Hyperloop One <http:///intelligence/?action=showdeal&id=89116> Los Angeles $50.00 M 12/14/17 Girlboss <http:///intelligence/?action=showdeal&id=89112> Los Angeles $3.10 M 12/14/17 Dreamscape Immersive, Inc. <http:///intelligence/?action=showdeal&id=89113> Santa Monica $30.00 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 ------------------------------ *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 b...@socaltech.com 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 customerserv...@socaltech.com ------------------------------ 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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