*socaltech.com <http://socaltech.com> TechNews - Friday, February 23, 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. 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 ------------------------------ *Headlines * - Vision Esports Snags $38M From Sports Teams, Invests In 3 Esports Companies <#m_-529904580956458807_0073855> - Snap's Evan Spiegel Pulls Down Massive $637.8M Paycheck In 2017 <#m_-529904580956458807_0073856> - Intellisense Spins Out Of Physical Optics Corporation <#m_-529904580956458807_0073854> - Sonos Wins Patent Ruling Against D&M Holdings <#m_-529904580956458807_0073857> - Moonshots Capital Leads Investment In Complai, Developer Of Shep <#m_-529904580956458807_0073853> - LiveXLive Shifts To NASDAQ <#m_-529904580956458807_0073851> - Marlin Equity Acquires Propelics <#m_-529904580956458807_0073843> - SpaceX Tries To Catch Fairing After Successful Launch <#m_-529904580956458807_0073841> - NVCA Takes Aim At Sexual Harassment In Venture Capital <#m_-529904580956458807_0073839> *Marketplace* - Neohire South <#m_-529904580956458807_ad720> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-529904580956458807_ad596> - Square 1 Bank <#m_-529904580956458807_ad695> - Recurring Revenue Conference 2018—April 12, Marina del Rey Marriott <#m_-529904580956458807_ad731> *Friday, February 23, 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. *Vision Esports Snags $38M From Sports Teams, Invests In 3 Esports Companies* <https://www.socaltech.com/fullstory/0073855.html> Beverly Hills-based Vision Esports has raised $38M in a funding round, and said it invested in 3 Esports companies--Echo Fox, Twin Galaxies and Vision Entertainment. Vision Esports said its funding round was led by Evolution Media (backed by the Creative Artists Agency, CAA) and TPG Growth, and also included a number of organizations and athletes from the professional sports field, including Odell Beckham Jr., the New York Yankees, the St. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=90294> )(More... <https://www.socaltech.com/fullstory/0073855.html>) *Snap's Evan Spiegel Pulls Down Massive $637.8M Paycheck In 2017* <https://www.socaltech.com/fullstory/0073856.html> Evan Spiegel, the CEO of Venice, California-based Snap Inc., the parent company of Snapchat, was paid $637.8M in compensation in 2017, in combined stock options and salary--the third highest CEO payout ever, according to Reuters. Spiegel's big payday was split between $636.6M in stock-based awards, plus $1.2M in salary. The details on Spiegel's big payout were revealed in its 10-K filing on Thursday. (More... <https://www.socaltech.com/fullstory/0073856.html>) *Intellisense Spins Out Of Physical Optics Corporation* <https://www.socaltech.com/fullstory/0073854.html> Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc.. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues. Intellisense said it will engineer, design, develop, test and produce sensor systems and optoelectronic solutions for the U.S. Government and commercial markets. (More... <https://www.socaltech.com/fullstory/0073854.html>) *Sonos Wins Patent Ruling Against D&M Holdings* <https://www.socaltech.com/fullstory/0073857.html> Santa Barbara-based whole home audio systems developer Sonos has scored a win in the courts this week, when a federal judge invalidated a home audio patent held by D&M Holdings, the owner of such brands as Denon and Boston Acoustics. D&M Holdings had filed a patent infringement suit (D&M Holdings et al. v. Sonos Inc.) against Sonos in March of 2016, saying that Sonos had infringed on U.S. Patent No. 7,995,899, entitled "Apparatus, method and database for control of audio/video equipment". (More... <https://www.socaltech.com/fullstory/0073857.html>) *Moonshots Capital Leads Investment In Complai, Developer Of Shep* <https://www.socaltech.com/fullstory/0073853.html> Los Angeles- and Austin-based Moonshots Capital, the new venture investment fund founded by Kelly Perdew and Craig Cummings, is on an investment roll, and has made another investment from its fund. Complai, the company behind the Shep business travel management Chrome extension, said late Thursday afternon that it has raised $1. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=90292> )(More... <https://www.socaltech.com/fullstory/0073853.html>) *LiveXLive Shifts To NASDAQ* <https://www.socaltech.com/fullstory/0073851.html> Beverly Hills-based live-streaming and on-demand video content provider *LiveXLive <http://www.livexlive.com>* has shifted its public listing to the NASDAQ Capital Market, the company said on Thursday, and is now trading as LIVX. The company--which previously had been traded over-the-counter--is led by Chairman and CEO Robert Ellin. LiveXLive says its platform and app, deliver premium live-streamed and on-demand video content from live music events and festivals.(More... <https://www.socaltech.com/fullstory/0073851.html>) *Marlin Equity Acquires Propelics* <https://www.socaltech.com/fullstory/0073843.html> Los Angeles-based private equity investor Marlin Equity has acquired San Jose-based Propelics, a developer of mobile apps for enterprise customers, Marlin Equity said on Thursday. Marlin acquire Propelics via portfolio company Anexinet Corporation, which is based in Philadelphia. Financial details of the buy were not announced. Marlin Equity said it merged Propelics with Anexinet to accelerate Anexinet's modernization and digital business strategy. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=56753>)( More... <https://www.socaltech.com/fullstory/0073843.html>) *SpaceX Tries To Catch Fairing After Successful Launch* <https://www.socaltech.com/fullstory/0073841.html> Hawthorne-based SpaceX, which successfully launched its latest mission from Vandenberg Air Force Base on Thursday morning at 6:17 a.m., also attempted a new experiment during the launch: an attempt to capture the fairing of the rocket as it descended back from space. The fairing of the rocket is used to cover the satellite payload atop the company's Falcon 9 rockets, while it is still exposed to the Earth's atmosphere. (More... <https://www.socaltech.com/fullstory/0073841.html>) *NVCA Takes Aim At Sexual Harassment In Venture Capital* <https://www.socaltech.com/fullstory/0073839.html> The National Venture Capital Association, the industry group which represents the venture capital industry, is taking aim at sexual harassment issues in the industry with a new set of reference documents for startups and venture firms. According to the NVCA, it has released a set of sample human resources politices for addressing harassment and discrimination, a set of "best practices" for addressing those issues, and a sample "code of conduct" policy. (More... <https://www.socaltech.com/fullstory/0073839.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 <[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] *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 [email protected]. *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. Speaker lineup includes keynote Therese Tucker, Founder & CEO, Blackline. Register and use Promo Code: SocalTECH for 20% discount. Register at: http://www.recurringrevenueconference.com Questions: [email protected] ------------------------------ *Recent Funding <#m_-529904580956458807_funding>* 2/23/18 Intellisense <http:///intelligence/?action=showdeal&id=90293> Torrance $0.00 M 2/22/18 Vision Esports <http:///intelligence/?action=showdeal&id=90294> Beverly Hills $38.00 M 2/22/18 FanAI <http:///intelligence/?action=showdeal&id=90289> Santa Monica $2.50 M 2/21/18 Lindora <http:///intelligence/?action=showdeal&id=90258> Costa Mesa $0.00 M 2/16/18 NGD Systems <http:///intelligence/?action=showdeal&id=90188> Irvine $12.40 M 2/15/18 DroneBase, Inc. <http:///intelligence/?action=showdeal&id=90180> Los Angeles $12.00 M 2/15/18 Lumi <http:///intelligence/?action=showdeal&id=90182> Los Angeles $9.00 M 2/15/18 Workast <http:///intelligence/?action=showdeal&id=90185> Santa Monica $1.85 M 2/15/18 SaltStack <http:///intelligence/?action=showdeal&id=90187> Lehi $15.50 M 2/15/18 Miso Robotics, Inc. <http:///intelligence/?action=showdeal&id=90181> Pasadena $10.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 27, Santa Monica -- *Namely HR Santa Monica Launch Event! * Namely HR Santa Monica Launch Event! It's official: Namely has landed in Silicon Beach! To celebrate, we're hosting a panel and happy hour with our client, GumGum. See http://www.socaltech.com/calendar/eventid/26010 February 28, Thousand Oaks -- *IEEE Buenaventura EMBS Talk* *NEW* . See http://www.socaltech.com/calendar/eventid/26013 March 7, Camarillo -- *Lifelong Happiness: Your Secret Weapon at Work and In Life* Lifelong Happiness: Your Secret Weapon at Work and In Life. Russell Fischer Business Collection, Camarillo Library. What would your life feel like if you could be 98.6% stress-free, and you were able to exude complete confidence and happiness everywhere you go on a daily basis? The good news is you can stop wondering and start experiencing this for yourself immediately. Ricky Powell, an International speaker, coach, and author of the book, Happiness Rocks, will be sharing his most important hacks with you during this awesome, engaging seminar.. See http://www.socaltech.com/calendar/eventid/26004 March 7, Santa Monica -- *The Montgomery Summit* *NEW* . See http://www.socaltech.com/calendar/eventid/26015 March 7, Los Angeles -- *USC Startup Career Fair Spring 2018* *NEW* . See http://www.socaltech.com/calendar/eventid/26014 March 8, Santa Monica -- *LA CEOs* LA CEOs presents: eSports. Our special guest speaker is Andy Babb, Head of Games at Super League Gaming, the premiere amateur esports organization in the United States. Super League has built community-based, branded esports teams in 16 cities which compete against each other in “City Champs” competition. Investors include Softbank, Cinemark, Nickelodeon, and several professional sports team owners. This sponsor supported event is restricted to qualified CEOs & CFOs only. Confirmed RSVP required. Service providers not admitted.. See http://www.socaltech.com/calendar/eventid/26011 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, Santa Monica -- *The Montgomery Summit* *NEW* . See http://www.socaltech.com/calendar/eventid/26016 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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