socaltech.com TechNews - Friday, March 2, 2018
Edited by Benjamin F. Kuo
ISSN: 1524-6736
http://www.socaltech.com/News
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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.

Key info (http://www.keyinfo.com)
infrastructure ~ connectivity ~ co-location ~ cloud

Shimokaji IP (http://www.shimokaji.com)
Bettering Life Through Creative Ideas

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   --AeroVironment Deploys UAV With Royal Canadian Navy
   --Microsemi Acquired By Microchip Technology For $8.35 Billion
   --First Beverage Ventures Backs VitaCup
   --StartEngine Powers $250M ICO For Overstock.com's tZERO
   --Scalefast Finds $8M For Ecommerce Personalization
   --Love Goodly Turns To Crowdfunding For Nontoxic Beauty Box

   MARKETPLACE
   --Recurring Revenue Conference 2018—April 12, Marina del Rey Marriott
   --Simplify Cloud Management - Multi-Cloud Command & Control from Key Info
   --Oracle
   --Stradling
   --Early Stage Commercial Insurance - Pacific Unified Insurance Agency

   RECENT FUNDING

   EVENTS

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Editor's note: yup, we're in Friday text-mode throwback edition this morning,
as the HTML tool we usually use for editing is down this morning. -
Ben
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AeroVironment Deploys UAV With Royal Canadian Navy
----
Monrovia, California-based Aerovironment, which develops unmanned
aerial vehicles (UAVs) for the military and other markets, reported a
win this week with the Royal Canadian Navy. Aerovironment said the
Royal Canadian Navy is deploying its Puma II AE, a maritime mini
unmanned aircraft system, on the RCN's Maritime Coastal Defence
Vessels. Financial details of the contract were not announced.
AeroVironment said that Canada's military has previously purchased its
Raven UAS.
https://www.socaltech.com/aerovironment_deploys_uav_with_royal_canadian_navy/s-0073929.html

Microsemi Acquired By Microchip Technology For $8.35 Billion
----
Aliso Viejo-based semiconductor maker Microsemi is being acquired by
fellow chip maker Microchip Technology, in a deal worth a massive,
$8.35 billion, the two said on Thursday. According to the two,
Microchip will pay $68.78 per share in cash for Microsemi, in a deal
which will have a total enterprise value of about $10.15 billion after
accounting for Microsemi's cash and investments, net of debt. The two
did not say how the acquisition will affect Microsemi's large
workforce in Orange County.
https://www.socaltech.com/microsemi_acquired_by_microchip_technology_for_8_3_billion/s-0073927.html

First Beverage Ventures Backs VitaCup
----
Los Angeles-based venture capital investment firm First Beverage
Ventures, which specializes in investing in beverage brands, has made
an investment in vitamin-infused coffee and tea company VitaCup. Size
of the equity funding was not announced. VitaCup offers its single
cup, Keurig-style coffee and tea pods online through its own
e-commerce channels.  First Beverage said VitaCup will use the
proceeds to expand sales and marketing, for e-commerce channels,
development of additional product offerings, and other efforts. First
Beverage's others investments include such companies as alcohol
delivery startup Drizly, Project Juice, Essentia, and others.
https://www.socaltech.com/first_beverage_ventures_backs_vitacup/s-0073926.html

StartEngine Powers $250M ICO For Overstock.com's tZERO
----
West Hollywood-based equity crowdfunding site StartEngine says it is
powering a $250M, "initial coin offering" (ICO) for Overstock.com and
its t0.com, Inc. (tZERO) subsidiary. According to StartEngine, tZERO
is raising $250M in its ICO. StartEngine said the ICO is the first
regulated ICO on its platform.
https://www.socaltech.com/startengine_powers____m_ico_for_overstock_com_s_tzero/s-0073925.html

Scalefast Finds $8M For Ecommerce Personalization
----
Los Angeles-based Scalefast, which develops personalization technology
for e-commerce, announced Thursday morning that it has raised $8M in a
Series A funding round. The funding was led by Benhamou Global
Ventures (BGV), and also included Adara Ventures, B&Y, French Partners
and CIC Capital. The startup, led by Nicolas Stehle, says it is
develping ecommerce personalization technology--powered by artificial
intelligence--targeted towards helping brands offer a "superior,
relevant" shopping experience to customers. Scalefast also has offices
in Paris and Madrid
https://www.socaltech.com/scalefast_finds_8m_for_ecommerce_personalization/s-0073921.html

Love Goodly Turns To Crowdfunding For Nontoxic Beauty Box
----
Los Angeles-based Love Goodly, which offers up healthier, nontoxic,
and cruelty-free beauty products via a subscription box, says it has
started raising funding on equity crowdfunding site Seedinvest. The
startup, founded by Justine Lassoff and Katie Bogue Miller, provides a
bi-monthly subscription box which the company says makes it easier to
discover nontoxic and cruelty-free products for beauty, skincare,
wellness, and an eco-friendly lifestyle. The company has already
received backing from Third Wave Digital, the early stage investment
fund run by Allen DeBevoise. The service has featured such celebrity
curators as Alicia Silverstone, and the company said Lassof and Miller
have a combined 15 years of experience in the eco-friendly beauty
industry.
https://www.socaltech.com/love_goodly_turns_to_crowdfunding_for_nontoxic_beauty_box/s-0073920.html


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Oracle

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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

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------------------------------------------------------------------------
RECENT JOB POSTINGS
More jobs at http://www.socaltech.com/Jobs
Members post jobs for free

CFO or VP Finance, Redondo Beach, withheld
http://www.socaltech.com/showjob.php?id=5698

Product Engineer I, Simi Valley, Aerovironment
http://www.socaltech.com/showjob.php?id=5697

Head of CRM Marketing, Los Angeles, Thrive Market
http://www.socaltech.com/showjob.php?id=5696

Accounts Payable Specialist, Los Angeles, Snap Inc.
http://www.socaltech.com/showjob.php?id=5695

Hardware Development Manager, Hawthorne, SpaceX
http://www.socaltech.com/showjob.php?id=5694

 Cloud Management Architect, Westside, Withheld
http://www.socaltech.com/showjob.php?id=5693



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RECENT FUNDING SUMMARY

03/01/18 Inscripta                                $55.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=90446

03/01/18 Scalefast                                $8.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90444

02/23/18 Intellisense                             $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90293

02/22/18 Vision Esports                           $38.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90294

02/22/18 FanAI                                    $2.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=90289

02/21/18 Lindora                                  $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90258

02/16/18 NGD Systems                              $12.4M
http://www.socaltech.com/intelligence/?action=showdeal&id=90188

02/15/18 SaltStack                                $15.5M
http://www.socaltech.com/intelligence/?action=showdeal&id=90187

02/15/18 Workast                                  $1.9M
http://www.socaltech.com/intelligence/?action=showdeal&id=90185

02/15/18 Lumi                                     $9.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90182

02/15/18 DroneBase, Inc.                          $12.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90180

02/15/18 Miso Robotics, Inc.                      $10.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90181

02/13/18 Tipalti                                  $30.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90097

02/08/18 GOAT                                     $60.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90089

02/07/18 ZipRecruiter                             $50.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=60250

02/06/18 Beauty By Design                         $2.2M
http://www.socaltech.com/intelligence/?action=showdeal&id=90028

02/05/18 SmartAction                              $0.0M
http://www.socaltech.com/intelligence/?action=showdeal&id=90024



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Upcoming Events This Month http://www.socaltech.com/Calendar
socaltech.com Calendar of Southern California High Tech Events

Submit your events at least two weeks in advance to:
http://www.socaltech.com/submitevent.html

March 7, Camarillo -- 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 -- LA Blockchain Developers Night In Santa Monica.
Calling all Software Engineers, or anyone wanting to build applications
using the blockchain! Join us on Wednesday, March 7th from 7pm to 9pm in
Santa Monica for dinner and technical talks from community members.
Attendees will have the opportunity to do some networking and hear from 3
engineers who are currently working on projects that interface with the
blockchain. This event is perfect if you are looking to be inspired or want
to see, on a technical level, how people are building applications with the
various blockchainsNEW . See
http://www.socaltech.com/calendar/eventid/26024

March 7, Santa Monica -- The Montgomery Summit. The Montgomery Summit
gathers an invited group of entrepreneurs, senior investors, and leading
executives to discover the most important innovations in business and
technology. The event features two days of presentations, keynotes, panels,
and salons at the Fairmont Miramar Hotel in Santa Monica, Calif. See
http://www.socaltech.com/calendar/eventid/26015

March 7, Los Angeles -- USC Startup Career Fair Spring 2018. Small
Companies, HUGE Opportunities.
· 20+ Startups· Full-Time and Internship Positions· Opportunities for ALL
majors: DESIGN, MARKETING, ENGINEERING, BUSINESS, COMMUNICATIONS, FILM,
ETC.· Wednesday, March 7th, 10 AM – 2 PM in Viterbi E-Quad. Our mission is
to connect talent on campus with the hottest startups in Los Angeles and
beyond. Students will have the opportunity to engage in informative
discussions with recruiters and apply for both full-time and internship
positions. We’ll also be showcasing some of USC’s best student startups.
See http://www.socaltech.com/calendar/eventid/26014

March 8, Santa Monica -- 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 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. The Montgomery Summit
gathers an invited group of entrepreneurs, senior investors, and leading
executives to discover the most important innovations in business and
technology. The event features two days of presentations, keynotes, panels,
and salons at the Fairmont Miramar Hotel in Santa Monica, Calif. See
http://www.socaltech.com/calendar/eventid/26016

March 8, Santa Monica -- The Montgomery Summit. The Montgomery Summit is an
invitation-only event that gathers leading entrepreneurs, venture and
growth investors, institutional investors, and industry executives from
around the world. The Montgomery Summit has been held annually since 2004,
and it has grown into the country’s largest private company investment
conference, annually featuring presentations from the CEOs of 150
exceptional private companies, world-class keynote speakers and engaging
panels and discussions. Big themes this year will center on AI/Machine
Learning, IOT and how technology is transforming a range of industries.NEW
. See http://www.socaltech.com/calendar/eventid/26026

March 8, Los Angeles -- 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 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 9, Long Beach -- CSULB VR Day. The California State University Long
Beach Institute for Innovation and Entrepreneurship is proud to sponsor the
first campus-wide Virtual Reality (VR) Day on March 9, 2018. VR Day is an
interdisciplinary collaboration amongst the colleges of the Arts,
Engineering, Health and Human Services, and Liberal Arts. The full day
event includes a keynote, faculty and practitioner panels, demos, short
films, a VR career readiness workshop presented by the Career Development
Center, and two screenings of the exciting and innovating VR film UTURN.
Mirroring the diversity which is the hallmark of the university, the goal
of VR Day is to highlight intellectual, gender, and racial diversity within
the industry as well as prepare our majority minority students to become
strong contributors to the burgeoning VR industry. See
http://www.socaltech.com/calendar/eventid/26018

March 10, Santa Monica -- Mobile LAVA: Silicon Beach Ecosystem. Come learn
from VCs and Angel Investors about funding for your Mobile company,
moderated by Peter Cowen.  Our panel will discuss what their investment
appetite is for 2018, what has changed  recently with criteria and pitches,
where they see deals coming from, and more. See
http://www.socaltech.com/calendar/eventid/26023

March 10, Pasadena -- 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 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. 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

March 15, Los Angeles -- Fireside Chat with Joanna McFarland. LAEDC. While
attending a kids birthday party, Joanna was commiserating with other moms
about the challenge of getting their children to and from after school
activities safely and on time. Joanna turned this challenge into an
opportunity, and before long, the ride share service, HopSkipDrive for kids
was born. Join us as Joanna shares the entrepreneurial journey she and her
two co-founders have been on as they’ve grown a stable and successful
business.. See http://www.socaltech.com/calendar/eventid/26019



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Sponsored by:

TVC Capital LLC (www.tvccapital.com)
Investments in 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.

Key info (http://www.keyinfo.com)
infrastructure ~ connectivity ~ co-location ~ cloud

PricewaterhouseCoopers (http://www.socaltech.com/pwc).

Shimokaji IP (http://www.shimokaji.com)
Bettering Life Through Creative Ideas


Email sa...@socaltech.com for more information about sponsoring this
newsletter.
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