*socaltech.com <http://socaltech.com> TechNews - Tuesday, February 6, 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. 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 ------------------------------ *Headlines * - First Ever Falcon Heavy Launch Set For This Morning <#m_-2555052786802815128_0073636> - Beauty By Design Raises $2.2M <#m_-2555052786802815128_0073635> - Xavient Information Systems Acquired By TELUS <#m_-2555052786802815128_0073634> - Brentwood Associates Invests In Credentials Solutions <#m_-2555052786802815128_0073633> - Digital Fuel Acquired By Apptio <#m_-2555052786802815128_0073629> - SpaceX Shows Off Animation Of Plan For Falcon Heavy Launch <#m_-2555052786802815128_0073627> - Toba Capital Backs Grow.com In $16M In Funding <#m_-2555052786802815128_0073621> - Fair Acquires Skurt <#m_-2555052786802815128_0073619> *Marketplace* - Recurring Revenue Conference 2018 - April 12 - LA <#m_-2555052786802815128_ad730> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_-2555052786802815128_ad717> - Oracle <#m_-2555052786802815128_ad683> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-2555052786802815128_ad596> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-2555052786802815128_ad729> *Tuesday, February 6, 2018* *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. *First Ever Falcon Heavy Launch Set For This Morning* <https://www.socaltech.com/fullstory/0073636.html> The very first test flight ever for the Falcon Heavy, the new rocket from Los Angeles-based SpaceX, is set to take off this morning from the Kennedy Space Center in Florida, at 1:30 PM ET (10:30 AM PT). SpaceX is hoping to successfully launch the most powerful rocket since the Saturn V, and deliver--most unusually--a red Tesla Motors automobile, complete with dummy astronaut, into orbit around Mars. The Falcon Heavy will launch from the historic Launch Complex 39A at Kennedy Space Center. (More... <https://www.socaltech.com/fullstory/0073636.html>) *Beauty By Design Raises $2.2M* <https://www.socaltech.com/fullstory/0073635.html> Los Angeles-based Beauty By Design, a startup offering up "hyper-personalized" beauty products based on a customer's skin, has raised $2.2M in a seed funding round. The funding was led by Resolute Ventures, and also included Ludlow Ventures, TenoneTen Ventures, Troy Capital Partners and angels Spencer Rascoff (Zillow), Terry Boyle (NordstromRack.com, HauteLook), and Rob Chesney (former COO, Trunk Club). David Weissman is CEO and Co-founder of Beauty By Design. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=90028> )(More... <https://www.socaltech.com/fullstory/0073635.html>) *Xavient Information Systems Acquired By TELUS* <https://www.socaltech.com/fullstory/0073634.html> Simi Valley-based Xavient Information Systems, a provider of outsourced IT services, has been acquired by TELUS International, the two announced this morning. The deal--which had been announced in October--was worth an estimated $250M. Xavient has more than 1,800 employees, in sites both in the U.S. and India. Xavient was founded and was led by serial entrepreneur Rajeev Tandon. TELUS International was advised by Rothschild, and Xavient was advised by Citibank in the acquisition deal. (More... <https://www.socaltech.com/fullstory/0073634.html>) *Brentwood Associates Invests In Credentials Solutions* <https://www.socaltech.com/fullstory/0073633.html> Los Angeles-based private equity investor Brentwood Associates announced this morning that it has made an investment in Credentials Solutions, a provider of software-enabled transcript, verification and parking services to the higher education market. Size of the investment was not announced. Credentials was founded in 1997, and is based in Northfield, Illinois. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=56591>)( More... <https://www.socaltech.com/fullstory/0073633.html>) *Digital Fuel Acquired By Apptio* <https://www.socaltech.com/fullstory/0073629.html> Los Angeles-based Digital Fuel, a provider of IT business management software, has been acquired by Apptio, the two companies announced Friday. Financial details of the buy were not announced. Digital Fuel had been owned by private equity investor Skyview Capital. Digital Fuel had been founded in 2000, and was acquired by VMware in 2011; Digital Fuel was then acquired by Skyview Capital in 2016. Apptio is based in Seattle. (More... <https://www.socaltech.com/fullstory/0073629.html>) *SpaceX Shows Off Animation Of Plan For Falcon Heavy Launch* <https://www.socaltech.com/fullstory/0073627.html> Hawthorne-based SpaceX has released an animated video of what it hopes to demonstrate with its Falcon Heavy launch, scheduled now for tomorrow, Tuesday. In the video, SpaceX zooms in on the Florida launch pad, shows separation and landing of all three rocket boosters, and delivery of Elon Musk's shiny red Tesla--complete with astronaut dummy--into orbit around Mars. (More... <https://www.socaltech.com/fullstory/0073627.html>) *Toba Capital Backs Grow.com In $16M In Funding* <https://www.socaltech.com/fullstory/0073621.html> Toba Capital, the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot. Toba Capital also led Grow.com's SEries A funding. According to the company, it has now raised $26M in total. Grow. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=42499>)( More... <https://www.socaltech.com/fullstory/0073621.html>) *Fair Acquires Skurt* <https://www.socaltech.com/fullstory/0073619.html> Los Angeles-based car leasing startup Fair, led by technology veteran Scott Painter, has acquired Los Angeles-based on-demand car rental service Skurt, according to reports this morning. Financial details of the acquisition were not announced. Skurt was venture backed by Upfront Ventures, BMW, Cross Culture Ventures, Expansion VC, Greycroft Partners, and Magic Johnson. (More... <https://www.socaltech.com/fullstory/0073619.html>) *Recurring Revenue Conference 2018 - April 12 - LA <https://www.eventbrite.com/e/recurring-revenue-conference-2018-tickets-39268937449?mc_cid=baa792f715&mc_eid=2cd2c15b76>* Sutton Capital Partners is proud to present the fourth annual RECURRING REVENUE CONFERENCE. We invite entrepreneurs, executives and investors who want to learn about the latest innovations, business models and customer retention to achieve explosive growth. Whether you are a SaaS or subscription business, or if customer retention is critical for your success, this is the premier Southern California event to learn from the tech pioneers. Today’s analytical insights, coupled with disciplined tactics are enabling companies to deepen their customer relationships in unparalleled ways. Come hear from experts who are successfully growing their industry-leading companies, as well as from the investors backing them. Register today! https://www.eventbrite.com/e/recurring-revenue-conference- 2018-tickets-39268937449?mc_cid=baa792f715&mc_eid=2cd2c15b76 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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]). *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] *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 ------------------------------ *Recent Funding <#m_-2555052786802815128_funding>* 2/06/18 Beauty By Design <http:///intelligence/?action=showdeal&id=90028> Los Angeles $2.20 M 2/05/18 SmartAction <http:///intelligence/?action=showdeal&id=90024> El Segundo $0.00 M 2/02/18 Bitvore <http:///intelligence/?action=showdeal&id=89970> Irvine $14.20 M 2/01/18 Joymode <http:///intelligence/?action=showdeal&id=89926> Los Angeles $14.00 M 2/01/18 Epics.gg <http:///intelligence/?action=showdeal&id=89971> Los Angeles $2.00 M 1/31/18 Scopely <http:///intelligence/?action=showdeal&id=89903> Culver City $125.00 M 1/30/18 Wag <http:///intelligence/?action=showdeal&id=89831> Los Angeles $300.00 M 1/30/18 Mammoth Media <http:///intelligence/?action=showdeal&id=89894> Los Angeles $13.00 M 1/29/18 Hoopo <http:///intelligence/?action=showdeal&id=89828> Santa Monica $1.50 M 1/26/18 Skydance Media <http:///intelligence/?action=showdeal&id=89815> Marina Del Rey $0.00 M 1/26/18 Songtradr, Inc. <http:///intelligence/?action=showdeal&id=89817> West Hollywood $4.00 M 1/24/18 Appetize <http:///intelligence/?action=showdeal&id=89799> Los Angeles $20.00 M 1/24/18 Bonti, Inc. <http:///intelligence/?action=showdeal&id=82752> Newport Beach $15.50 M 1/23/18 Skylar Body <http:///intelligence/?action=showdeal&id=89816> Venice $3.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 6, Marina Del Rey -- *2018 Digital Entertainment World -Digital Entertainment World* Digital Entertainment World (DEW2018). Recognized by Hollywood insiders, digital influencers and industry leaders throughout the world as a "must-attend" event, now in its 5th year Digital Entertainment World (DEW) is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2018 focuses on "The FUTURE of..." and will cover topics from OTT to Innovation to eSports to Millennials to Content Marketing to VR/AR to Music Rights to Startups, etc., as this theme guides all talks, discussions, meetings and presentations over the two days. This year's event will be held in the hip and modern Marina del Rey Marriott just steps from the beach and located in the heart of LA's thriving Silicon Beach with easy access to Santa Monica, Venice and Playa Vista. The event includes keynotes, fireside chats, presentations, panel discussions, tech demos, startup competition, innovative exhibitions, daily DJ music and performers and the best networking in the hotel's Sinder Lounge. See http://www.socaltech.com/calendar/eventid/25978 February 7, Venice -- *Silicon Beach Networking Mixer at WurstkucheIn Venice (Discounted Beers)* Silicon Beach Networking Mixer at Wurstkuche In Venice (Discounted Beers). Wednesday, February 7th Starting at 6pm! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries. See http://www.socaltech.com/calendar/eventid/25998 February 8, Irvine -- *TCVN: Structuring Your Company forSuccess* TCVN. Structuring Your Company for Success. Choosing a structure for your company is typically a confusing and difficult process. Ask three lawyers and get five different answers! Corporation or LLC? Delaware, California or Nevada? C-corp. or S-corp.? Confused? Many factors come into play when choosing an organizational structure. While most choices are not irrevocable, it is in entrepreneur’s best interest to make a well-informed decision early. See http://www.socaltech.com/calendar/eventid/25991 February 13, Irvine -- *OCTANe Coffee at The Cove: ABCs of MedDevice Funding with Visionary Venture Fund* OCTANe Coffee at The Cove: ABC’s of Med Device Funding. Join us Tuesday, February 13th for a discussion about the ABC’s of med device funding and an inside look at the Visionary Venture Fund, which was rated top three most active venture funds in healthcare in 2017 by PWC. Coffee & quality bagels will be provided. See http://www.socaltech.com/calendar/eventid/25995 February 21, Santa moniac -- *Silicon Beach Networking Mixer at TheRoom In Santa Monica (Limited Free Drinks)* Silicon Beach Networking Mixer at The Room In Santa Monica (Limited Free Drinks). Wednesday, February 21st Starting at 6pm! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries. We always have a great mix of people from Influencers to Startup CEO's and more. Register immediately for an early bird ticket. See http://www.socaltech.com/calendar/eventid/25999 February 22, San Diego -- *Fundraising for HealthTech* Fundraising for HealthTech. San Diego Venture Group. On raising early-stage capital in HealthTech and Life Sciences — plus a meet-and-greet with several of San Diego's most interesting HealthTech and Life Science startups. See http://www.socaltech.com/calendar/eventid/25986 ------------------------------ *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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