*socaltech.com <http://socaltech.com> TechNews - Friday, February 9, 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).

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 *


   - Report: Amazon Launching Package Delivery In LA, Aims At FedEx, UPS
   <#m_6492994190849122918_0073695>
   - NextWave Ventures Backs New AI Startup, Apical Technology
   <#m_6492994190849122918_0073692>
   - Clearlake Capital Backs Diligent <#m_6492994190849122918_0073691>
   - Viasat Wins United Airlines <#m_6492994190849122918_0073694>
   - Qualcomm Rejects Broadcom's New Takeover Proposal
   <#m_6492994190849122918_0073693>
   - LA's Brock Pierce Makes Forbes' Richest In Cryptocurrency List
   <#m_6492994190849122918_0073688>
   - LogMeIn Buys Jive Communications For $342M
   <#m_6492994190849122918_0073685>
   - Moonshots Capital Ramps Investment Pace With Lead On Two Investments
   <#m_6492994190849122918_0073684>
   - Unitas Global Acquires Solinea <#m_6492994190849122918_0073682>
   - GOAT Acquires Flight Club, Adds $60M In Funding Round
   <#m_6492994190849122918_0073676>


*Marketplace*


   - Recurring Revenue Conference 2018—April 12, Marina del Rey Marriott
   <#m_6492994190849122918_ad731>
   - Pixelgate.net - Internet Access, Web Hosting, Network Services
   <#m_6492994190849122918_ad188>
   - Square 1 Bank <#m_6492994190849122918_ad695>
   - Oracle <#m_6492994190849122918_ad683>
   - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators
   <#m_6492994190849122918_ad611>


*Friday, February 9, 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.


*Report: Amazon Launching Package Delivery In LA, Aims At FedEx, UPS*
<https://www.socaltech.com/fullstory/0073695.html>
E-commerce giant Amazon is reportedly launching a new, package delivery
service in Los Angeles, its first move to compete head to head with FedEx
and UPS, according to the Wall Street Journal. According to the report,
Amazon's new delivery service for businesses is called "Shipping With
Amazon" (SWA), and will directly pickup and deliver products for its third
party merchants. No details on the new service have yet been announced by
Amazon. (More... <https://www.socaltech.com/fullstory/0073695.html>)

*NextWave Ventures Backs New AI Startup, Apical Technology*
<https://www.socaltech.com/fullstory/0073692.html>
Carlsbad-based NextWave Ventures, a venture capital investor which focuses
on commercializing early stage technology, said it has launched a new
artificial intelligence start, Apical Technology. Size of the investment in
Apical Technology was not announced. According to NextWave, Apical
Technology is developing a software platform which uses AI for equities
trading. The startup was founded by Ron St. Onge and Jim St. Onge. (More...
<https://www.socaltech.com/fullstory/0073692.html>)

*Clearlake Capital Backs Diligent*
<https://www.socaltech.com/fullstory/0073691.html>
Santa Monica-based private equity investor Clearlake Capital Group, L.P.
has made an investment in New York-based Diligent, a developer of
enterprise governance management software. Size of the investment was not
announced. According to the companies, Clearlake Capital Group made a
strategic minority investment in Diligent, which is owned by another
private equity investment firm, Insight Venture Partners. Insight Ventures
acquired Diligent in February of 2016. (Funding Details
<https://www.socaltech.com/intelligence/index.php?action=showco&id=56635>)(
More... <https://www.socaltech.com/fullstory/0073691.html>)

*Viasat Wins United Airlines*
<https://www.socaltech.com/fullstory/0073694.html>
Carlsbad-based satellite communications provider Viasat said on Thursday
that it has inked a new contract with United Airlines, where it will bring
its in-flight entertainment and connectivity systems to more than 70 of
United's aircraft. According to ViaSat, the deal will install its satellite
and other wireless networking systems on at least 58 of United's new Boeing
737MAX aircraft. Financial details of the win were not announced. (More...
<https://www.socaltech.com/fullstory/0073694.html>)

*Qualcomm Rejects Broadcom's New Takeover Proposal*
<https://www.socaltech.com/fullstory/0073693.html>
San Diego-based Qualcomm has rejected the new takeover proposal from
Broadcom, saying Thursday that the proposal "materially undervalues
Qualcomm" and "falls well short" of regulatory commitments, and has a
"significant downside risk of a failed transaction." However, Qualcomm did
say that it would be willing to meet with Broadcom to see if it can address
those issues. Broadcom had upped its offer for Qualcomm to $82.00 per
share, split between $60.00 in cash and $22 in stock, earlier this week. (
More... <https://www.socaltech.com/fullstory/0073693.html>)

*LA's Brock Pierce Makes Forbes' Richest In Cryptocurrency List*
<https://www.socaltech.com/fullstory/0073688.html>
Wondering how much wealth has been generated from cryptocurrency out of the
(many) Los Angeles early adopters of Bitcoin, Ethereum, and other
Blockchain-based currencies? If you just count Brock Pierce, it's between
$700 million and $1 billion--according to the Forbes Richest In
Cryptocurrency list, which was published this week. Pierce--who is not the
only LA investor in the Blockchain area--has backed such companies as
Coinbase, Ethereum, and Mastercoin. (More...
<https://www.socaltech.com/fullstory/0073688.html>)

*LogMeIn Buys Jive Communications For $342M*
<https://www.socaltech.com/fullstory/0073685.html>
LogMeIn--which has significant operations in Santa Barbara, due to its
acquisition of the Citrix GoToAssist, GoToMeeting, GoToMyPC, GoToTraining,
GoToWebinar, and other businesses in 2016--has acquired Jive
Communications, a developer of cloud-based phone systems for the Unified
Communications (UC) market. LogMeIn announced the acquisition on Thursday
morning. The deal was worth $342M in cash, plus another $15M in cash
contingency payments, according to LogMeIn. (More...
<https://www.socaltech.com/fullstory/0073685.html>)

*Moonshots Capital Ramps Investment Pace With Lead On Two Investments*
<https://www.socaltech.com/fullstory/0073684.html>
Los Angeles- and Austin-based Moonshots Capital, the venture capital fund
led by serial entrepreneur Kelly Perdew, is ramping its investment pace,
with the first two formal investments out of its new fund. The two
investments, both announced in January, were cyber-defense firm Threatcare,
and bot detection developer New Knowledge. (More...
<https://www.socaltech.com/fullstory/0073684.html>)

*Unitas Global Acquires Solinea*
<https://www.socaltech.com/fullstory/0073682.html>
Los Angeles-based hybrid cloud operator Unitas Global said Thursday morning
that it has acquired Solinea, which helps enterprises with cloud adoption.
Financial details of the acquisition were not announced by the companies.
According to Unitas Global, the addition of the Solinea team will help its
position as a trusted advisor and partner to its clients. Solinea was based
in San Francisco, with offices in New York City, South Korea, and Japan. (
More... <https://www.socaltech.com/fullstory/0073682.html>)

*GOAT Acquires Flight Club, Adds $60M In Funding Round*
<https://www.socaltech.com/fullstory/0073676.html>
Los Angeles-based online sneaker marketplace GOAT is acquiring sneaker
consignment shop operator Flight Club, and has a raised another $60M via a
Series C funding, GOAT disclose this morning, as it looks to expand its
footprint. Flight Club operates a consignment store that sells collectible
sneakers, out of stores in New York and Los Angeles. According to GOAT, the
funding came from Index Ventures, Accel Partners, Matrix Partners, Upfront
Ventures, and others. (Funding Details
<https://www.socaltech.com/intelligence/?action=showco&id=50794>)(More...
<https://www.socaltech.com/fullstory/0073676.html>)

*Recurring Revenue Conference 2018—April 12, Marina del Rey Marriott
<http://www.recurringrevenueconference.com>*
Presented by Sutton Capital Partners. Join 600+ entrepreneurs, SaaS and
subscription innovators, leading VCs, private equity/angel investors and
executives on April 12.

8am-5:30pm followed by cocktail reception.

Register and use Promo Code: SocalTECH for 20% discount. Grab your ticket
before prices go up February 15. Register at:
http://www.recurringrevenueconference.com

Questions: n...@suttoncapitalpartners.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

*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
rchurch...@square1bank.com.

*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).

*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.

i...@socalip.com 805-230-1350 www.socalip.com

------------------------------

*Recent Funding <#m_6492994190849122918_funding>*
2/08/18 GOAT <http:///intelligence/?action=showdeal&id=90089> Los
Angeles $60.00
M
2/07/18 ZipRecruiter <http:///intelligence/?action=showdeal&id=60250> Santa
Monica $50.00 M
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 Epics.gg <http:///intelligence/?action=showdeal&id=89971> Los
Angeles $2.00 M
2/01/18 Joymode <http:///intelligence/?action=showdeal&id=89926> Los
Angeles $14.00
M
1/31/18 Scopely <http:///intelligence/?action=showdeal&id=89903>
Culver City $125.00
M
1/30/18 Mammoth Media <http:///intelligence/?action=showdeal&id=89894> Los
Angeles $13.00 M
1/30/18 Wag <http:///intelligence/?action=showdeal&id=89831> Los
Angeles $300.00
M
1/29/18 Hoopo <http:///intelligence/?action=showdeal&id=89828> Santa
Monica $1.50
M
1/26/18 Songtradr, Inc. <http:///intelligence/?action=showdeal&id=89817> West
Hollywood $4.00 M
1/26/18 Skydance Media <http:///intelligence/?action=showdeal&id=89815> Marina
Del Rey $0.00 M
1/24/18 Appetize <http:///intelligence/?action=showdeal&id=89799> Los
Angeles $20.00 M
------------------------------

*Upcoming Events*
Submit your events at least two weeks in advance to:
http://www.socaltech.com/submitevent.html
February 13, Irvine --
*OCTANe Coffee at The Cove: ABCs of Med Device 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 The Room 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

March 8, Pasadena --
*SCALE 16x. The Sixteenth Annual Southern California Linux Expo.* SCALE
16x. The Sixteenth Annual Southern
California Linux Expo. SCaLE 16X – the 16th annual Southern California
Linux Expo – will take place on March. 8-11, 2018, at the Pasadena
Convention Center. SCaLE 16X expects to host 150 exhibitors this year,
along with nearly 130 sessions, tutorials and special events. SCaLE is the
largest community-run open-source and free software conference in North
America. It is held annually in the greater Los Angeles area. See
http://www.socaltech.com/calendar/eventid/25960

March 8, Los Angeles -- *TechFair LA 2018* TechFair LA 2018.
LA's Largest Technology Job Fair will be returning to LA for an even bigger
and better event for the second year in a row, co-hosted by Comparably,
Annenberg Foundation and Office of Mayor Eric Garcetti. Over 250 most
prominent tech companies in attendence along with 10,000+ job-seekers in
Engineering, Product, Sales, Marketing, Design and more attending. See
http://www.socaltech.com/calendar/eventid/25987
------------------------------

*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.
------------------------------

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