*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 14, 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. 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 Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - FastSpring Acquired By Accel-KKR <#m_9077368468873635866_0073745> - Acacia Research Makes Move Into Blockchain, Invests In Bitzumi <#m_9077368468873635866_0073744> - Bird Picks Up $15M For Electric Vehicle Sharing <#m_9077368468873635866_0073746> - Nomadix Spars Over Patent Suit With Guest-Tek <#m_9077368468873635866_0073743> - SpaceX Plans Microsatellite Launch From Vandenberg <#m_9077368468873635866_0073742> - Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device <#m_9077368468873635866_0073738> - inVia Robotics Gets $9M For Warehouse Automation, Signs Hollar <#m_9077368468873635866_0073736> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_9077368468873635866_ad729> - Stubbs Alderton & Markiles Preccelerator <#m_9077368468873635866_ad694> - Oracle <#m_9077368468873635866_ad683> - Stradling <#m_9077368468873635866_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_9077368468873635866_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_9077368468873635866_ad188> *Wednesday, February 14, 2018* *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: [email protected] *FastSpring Acquired By Accel-KKR* <https://www.socaltech.com/fullstory/0073745.html> Santa Barbara-based FastSpring, which develops e-commerce software for subscription-based software businesses, has been acquired by private equity investor Accel-KKR. According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives. Financial details of the acquisition were not announced. FastSpring was founded in 2005, and is led by CEO Chris Lueck. (More... <https://www.socaltech.com/fullstory/0073745.html>) *Acacia Research Makes Move Into Blockchain, Invests In Bitzumi* <https://www.socaltech.com/fullstory/0073744.html> Newport Beach-based patent licensing firm Acacia Research has made its first move into the blockchain and cryptocurrency market, saying this morning that it has made an investment in New York-based Bitzumi. According to Acacia, it invested $1M in equity in Bitzumi in a joint venture, with the option to invest up to an additional $9M in the company. Bitzumi is developing technology for the cryptocurrency and blockchain industries, including a next generation decentralized exchange. (More... <https://www.socaltech.com/fullstory/0073744.html>) *Bird Picks Up $15M For Electric Vehicle Sharing* <https://www.socaltech.com/fullstory/0073746.html> Santa Monica-based Bird, a new startup focused on "last-mile" electric vehicle sharing, has raised $15M in a Series A funding, according to the company. The funding was led by Craft Ventures, the newly formed venture capital fund founded by David Sacks and Bill Lee. According to Bird, it is offering up low cost, "last-mile" electric vehicle transportation from a subway or bus to their destination. (More... <https://www.socaltech.com/fullstory/0073746.html>) *Nomadix Spars Over Patent Suit With Guest-Tek* <https://www.socaltech.com/fullstory/0073743.html> Agoura-based Nomadix, which develops wireless and Internet gateway technology, which is in the midst of a patent fight with hotel entertainment company Guest-Tek Interactive Entertainment Ltd., has been ordered to provide up information on its patents as a result of a countersuit from Guest-Tek. According to Law360, a California federal judge ordered the disclosure as part of a $11M suit over unpaid royalties. ( More... <https://www.socaltech.com/fullstory/0073743.html>) *SpaceX Plans Microsatellite Launch From Vandenberg* <https://www.socaltech.com/fullstory/0073742.html> Hawthorne-based SpaceX will attempt to put two, orbiting microsatellites into space--prototypes for an effort to provide widespread, high speed satellite Internet across the globe--from its launch this week from Vandenberg Air Force Base, according to documents filed by SpaceX with the FCC. The two satellites--Microsat-2a and Microsat-2b, will piggyback on this weekend's planned launch, which is currently slated for 6:17am on Saturday. (More... <https://www.socaltech.com/fullstory/0073742.html>) *Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device* <https://www.socaltech.com/fullstory/0073738.html> Torrance-based Phyn, the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations. Phyn has developed technology which allows for monitoring of the water usage of an entire house, from only a single connection to the main water line of a house. (More... <https://www.socaltech.com/fullstory/0073738.html>) *inVia Robotics Gets $9M For Warehouse Automation, Signs Hollar* <https://www.socaltech.com/fullstory/0073736.html> Los Angeles-based inVia Robotics, a startup developing robotics warehouse automation products, hs raised $9M in a Series A funding round, and signed up fellow LA startup Hollar as a customer. inVia Robotics said the new funding round was led by Upfront Ventures. inVia's robotics warehouse automation solutions will be deployed at Hollar to streamline e-commerce fulfillment and pick-and-placement of products. (More... <https://www.socaltech.com/fullstory/0073736.html>) *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 *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/ *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]). *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. *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_9077368468873635866_funding>* 2/13/18 Tipalti <http:///intelligence/?action=showdeal&id=90097> Palo Alto $30.00 M 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 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 16, Camarillo -- *Writing a Resume* *NEW* . See http://www.socaltech.com/calendar/eventid/26003 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 7, Camarillo -- *Lifelong Happiness: Your Secret Weapon at Work and In Life* *NEW* . See http://www.socaltech.com/calendar/eventid/26004 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 March 9, 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/25961 March 10, 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/25962 March 11, 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/25963 March 13, Santa Monica -- *LA Female Founder Office Hours* LA Female Founder Office Hours. This is the first in a series of Female Founder Office Hours, staffed by female partners from a collective of VC firms. For our first event, we'll be focused on helping seed-stage female founders with their pitches. We'll be offering forty 1:1 office hour slots with 10 female VC partners from Benchmark, Canaan, Cowboy, Forerunner, Freestyle, Lux, Sequoia, and Reach. There will also be a talk by two former female founders-turned-VCs on how to fundraise, based on their experiences from both sides of the table. The event is also a great opportunity for female founders to meet, mingle, and share advice with one another. Our goal is for every female founder to walk away with a bit of advice from some female investors and a few new female founder friends that they can count on. We hope to use this to kickstart a virtuous cycle and community of women helping women.. See http://www.socaltech.com/calendar/eventid/25988 ------------------------------ *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. All rights reserved. socalTECH.com - Dedicated to High Tech in Southern California http://www.socaltech.com/ SOCALTECH LLC 4607 Lakeview Canyon Road, Suite 290, Westlake Village, CA 91361
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