*socaltech.com <http://socaltech.com> TechNews - Tuesday, April 17, 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. 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 * - Bird Receives Cease And Desist Letter From San Francisco <#m_-7679142138151893919_0074454> - VizExplorer Gets Funding From Morgan Stanley <#m_-7679142138151893919_0074451> - Leaf Group Names New General Counsel <#m_-7679142138151893919_0074452> - SRAX Launches Offering For Auto Industry <#m_-7679142138151893919_0074453> - Elon Musk's Boring Co. Raises $112.5M <#m_-7679142138151893919_0074450> - SpaceX Set To Hire Up To 700, Work On Mars Rocket In Port of Los Angeles <#m_-7679142138151893919_0074449> - DataDirect Networks Expands In Colorado <#m_-7679142138151893919_0074440> - Bridg Buys Relevant Mobile <#m_-7679142138151893919_0074434> *Marketplace* - Neohire South <#m_-7679142138151893919_ad720> - Square 1 Bank <#m_-7679142138151893919_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-7679142138151893919_ad611> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-7679142138151893919_ad729> *Tuesday, April 17, 2018* *Equity & Alternative Compensation Structures for Startups - April 17 <https://www.eventbrite.com/e/equity-alternative-compensation-structures-for-startups-with-louis-wharton-at-the-preccelerator-tickets-44575428306>* Equity & Alternative Compensation Structures for Startups with Louis Wharton. Precellerator Program. For a company founder, it is easy to understand the benefits of providing stock or stock options to employees. It’s a way of compensating employees that doesn’t drain cash from the business. Employees will feel invested in the future success of the company. Join us to get insights and wisdom about maximizing opportunities and minimizing mistakes in creating equity compensation. Tuesday, April 17th, 2018 12:00-1:30 PM * LUNCH PROVIDED * SAM Preccelerator 1453 3rd Street Promenade Suite 300 Santa Monica, CA 90401 Register today! https://www.eventbrite.com/e/equity-alternative-compensation-structures-for- startups-with-louis-wharton-at-the-preccelerator-tickets-44575428306 *Bird Receives Cease And Desist Letter From San Francisco* <https://www.socaltech.com/fullstory/0074454.html> Los Angeles-based "last mile" scooter service Bird--which is backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures--has just been served a "cease and desist" letter by the City of San Francisco, alongside competitors Lime and Spin. All three companies operate dockless, motorized scooter rentals aimed at helping bridge the "last mile" between public transportation and a user's destination. (More... <https://www.socaltech.com/fullstory/0074454.html>) *VizExplorer Gets Funding From Morgan Stanley* <https://www.socaltech.com/fullstory/0074451.html> San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. Size of the new investment was not announced. VizExplorer said that it was previously owned by Endeavor, which will continue to have a minority investment in the company. Morgan Stanley Expansion Capital is part of Morgan Stanley Investment Management focused on private equity investments. (More... <https://www.socaltech.com/fullstory/0074451.html>) *Leaf Group Names New General Counsel* <https://www.socaltech.com/fullstory/0074452.html> Santa Monica-based consumer Internet company Leaf Group--the owner of such online properties as Saatchi Art, Livestrong.com, Society6, and Hunker--has named a new General Counsel and Executive Vice President. According to the company, Adam Wergeles joined the company to serve as General Counsel and Executive Vice President, joining the company from Serviz, where he had been Executive Vice President, Business and Legal Affairs, and General Counsel. (More... <https://www.socaltech.com/fullstory/0074452.html>) *SRAX Launches Offering For Auto Industry* <https://www.socaltech.com/fullstory/0074453.html> Los Angeles-based digital marketing software developer SRAX said this morning that it has launched into a new vertical, the auto industry, with a new product called SRAXauto. According to the company, the new tool is aimed at auto manufacturers and dealers, and helps them to target and reach buyers at dealerships, auto shows, or desktop and mobile platforms. (More... <https://www.socaltech.com/fullstory/0074453.html>) *Elon Musk's Boring Co. Raises $112.5M* <https://www.socaltech.com/fullstory/0074450.html> The Boring Co., the startup created by Elon Musk to dig tunnels for alternative transportation systems, has raised $112.5M in a funding round, according to a regulatory filing by the firm on Monday. The funding reportedly came mostly from Elon Musk himself, along with early employees. The Boring Co. most recently has been named a finalist for a tunnel project in Chicago, and started digging a tunnel in Washington, DC. (More... <https://www.socaltech.com/fullstory/0074450.html>) *SpaceX Set To Hire Up To 700, Work On Mars Rocket In Port of Los Angeles* <https://www.socaltech.com/fullstory/0074449.html> Hawthorne-based SpaceX hope to hire another 700 employees in Los Angeles, at a new site at the Port of Los Angeles, to work on its Mars rocket, according to officials in Los Angeles on Monday. According to Los Angeles Mayor Eric Garcetti, the City of Los Angeles is looking to lease 19 acres to SpaceX at the port for a manufacturing site, for its "BFR" rocket--which Elon Musk would like to use to transport humans to Mars. (More... <https://www.socaltech.com/fullstory/0074449.html>) *DataDirect Networks Expands In Colorado* <https://www.socaltech.com/fullstory/0074440.html> Chatsowrth- and Santa Clara, California-based DataDirect Networks, a developer of enterprise storage systems, announced on Monday that it has opened up a new engineering facility in Colorado Springs, Colorado. DDN said the new facility will focus on research and development for the company. DDN did not say how large of a facility it is opening, but said the move is a "significant" expansion of its lab, testing, and benchmarking facilities. (More... <https://www.socaltech.com/fullstory/0074440.html>) *Bridg Buys Relevant Mobile* <https://www.socaltech.com/fullstory/0074434.html> Los Angeles-based Bridg, which develops personalized marketing software and technology, said this morning that it has acquired Relevant Mobile, a developer of mobile app, loyalty and rewards programs. Financial terms of the buy were not announced. Relevant Mobile's co-founders, Gerrine Pan and Dazhi Chen, will join Bridg as part of the acquisition. Bridg is led by CEO and founder Amit Jain, and is venture backed by Morpheus Ventures, NextEquity Partners, Visa, and March Capital. (More... <https://www.socaltech.com/fullstory/0074434.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 *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]. *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. [email protected] 805-230-1350 www.socalip.com *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_-7679142138151893919_funding>* 4/09/18 Flyr <http:///intelligence/?action=showdeal&id=91360> Santa Monica $1.00 M 4/09/18 SPIDR Tech Inc. <http:///intelligence/?action=showdeal&id=91361> Manhattan Beach $2.50 M 4/06/18 Lytx FKA DriveCam <http:///intelligence/?action=showdeal&id=91336> San Diego $700.00 M 4/05/18 PeerStreet <http:///intelligence/?action=showdeal&id=91312> Manhattan Beach $29.50 M 4/03/18 Axonics Modulation Technologies <http:///intelligence/?action=showdeal&id=91166> Irvine $20.10 M 3/30/18 Wondery <http:///intelligence/?action=showdeal&id=90999> Los Angeles $5.00 M 3/28/18 Singlera Genomics <http:///intelligence/?action=showdeal&id=90995> La Jolla $60.00 M 3/27/18 Fastdata.io, Inc. <http:///intelligence/?action=showdeal&id=90994> Santa Monica $5.00 M 3/27/18 Relativity <http:///intelligence/?action=showdeal&id=90980> Los Angeles $35.00 M 3/26/18 Upkeep <http:///intelligence/?action=showdeal&id=90968> Los Angeles $10.00 M 3/23/18 ServiceTitan <http:///intelligence/?action=showdeal&id=90870> Glendale $62.00 M 3/23/18 BioIQ AKA Jentryx <http:///intelligence/?action=showdeal&id=90871> Santa Barbara $26.50 M 3/22/18 Pairwise Plants <http:///intelligence/?action=showdeal&id=90856> San Diego $25.00 M 3/21/18 PestRoutes <http:///intelligence/?action=showdeal&id=90853> Mckinney $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 17, Santa Monica -- *Equity & Alternative Compensation Structures for Startups with Louis Wharton at the Preccelerator* Equity & Alternative Compensation Structures for Startups. Precellerator Program. For a company founder, it is easy to understand the benefits of providing stock or stock options to employees. It’s a way of compensating employees that doesn’t drain cash from the business. Employees will feel invested in the future success of the company. Join us to get insights and wisdom about maximizing oppourtnities and minimizing mistakes in creating equity compensation. See http://www.socaltech.com/calendar/eventid/26065 April 19, Santa Monica -- *Advancement of Women in STEM* WITI: Advancement of Women in STEM. In an era when women are more and more prominent in fields such as business, law, and medicine - why are there so few women pursuing career in Information Technology, Engineering and Science? Our panelists for our upcoming event "Advancement in STEM" are phenomenal women who are making significant contributions to technical communities that improve and impact our society through education, entertainment, and engineering. See http://www.socaltech.com/calendar/eventid/26029 April 19, Glendale -- *HR101: Hiring, Onboarding, and Paying Employees* HR101: Hiring, Onboarding, and Paying Employees. SCORE. The SCORE/Paychex seminar, HR101: Hiring, Onboarding, and Paying Employees, helps entrepreneurs select and develop productive and engaged employees. See http://www.socaltech.com/calendar/eventid/26049 April 20, Santa Monica -- *StartEngine ICO 2.0 Spring Summit* StartEngine ICO 2.0 Spring Summit. The ICO marketplace has continued to grow exponentially; over $1.2B has already been raised in 2018; well on the way of passing the 2017 benchmark of $3.2B! The StartEngine ICO 2.0 Spring Summit will bring together hundreds of devoted cryptocurrency and blockchain investors, companies and influential keynote speakers to discuss a myriad of topics. See http://www.socaltech.com/calendar/eventid/26025 April 24, Irvine -- *Gemalto KeySecure Certification course* Gemalto KeySecure Certification course. See http://www.socaltech.com/calendar/eventid/26053 April 25, Thousand Oaks -- *IEEE Buenaventura EMBS Talk on Vivonetics: Progressing Clinical Research with Wearable Technology* IEEE Buenaventura EMBS Talk on Vivonetics. Wearable sensors have become ubiquitous in the world of fitness tracking and quantified self, but data from these devices is limited to basic analysis. Vivonoetics, with our software platform VivoSense, enables continuous data to be analyzed with accuracy and repeatability. VivoSense is a sensor agnostic software that combines multiple sensor data onto one analysis platform. Sensor data can be synced together, making data collection possibilities for academic and clinical research boundless. This presentation will give an overview of the VivoSense software, how it meets the needs of a universal physiological data analysis program and its built in algorithms that provide quality physiological end points for research. See http://www.socaltech.com/calendar/eventid/26067 April 26, Los Angeles -- *Growth Capital Conference* Network with capital sources: Angels,VCs,High Net Worths,advisors and 100 entrepreneurs seeking capital & counsel. See http://www.socaltech.com/calendar/eventid/26034 April 28, Irvine -- *Tech Coast Angels: EXTREME Coaching* Tech Coast Angels: EXTREME Coaching. Perfect your 60-second pitch with valuable coaching from Tech Coast Angels investors and startup experts. Participate in friendly competition and win bragging rights and special TCA recognition with plaques and digital website badges awarded to category favorites and participants. Incredible networking and exposure to media and active investors of Orange County. Attend one or both of the coaching days and perform your 60-second pitch in front of Teach Coast Angels investors, receiving valuable feedback and coaching on how to enhance and perfect your pitch. Observe as other entrepreneurs try their luck at the elevator pitch, and learn as the coaches offer their suggestions for the most impactful strategies for influence and communication.. See http://www.socaltech.com/calendar/eventid/26001 April 29, Irvine -- *Tech Coast Angels: EXTREME Coaching* Tech Coast Angels: EXTREME Coaching. Perfect your 60-second pitch with valuable coaching from Tech Coast Angels investors and startup experts. Participate in friendly competition and win bragging rights and special TCA recognition with plaques and digital website badges awarded to category favorites and participants. Incredible networking and exposure to media and active investors of Orange County. Attend one or both of the coaching days and perform your 60-second pitch in front of Teach Coast Angels investors, receiving valuable feedback and coaching on how to enhance and perfect your pitch. Observe as other entrepreneurs try their luck at the elevator pitch, and learn as the coaches offer their suggestions for the most impactful strategies for influence and communication.. See http://www.socaltech.com/calendar/eventid/26002 April 30, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26046 May 1, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26047 May 2, Los Angeles -- *Crypto Invest Summit* Crypto Invest Summit. CRYPTO INVEST SUMMIT is an exclusive, curated, high-impact, informative and thought-provoking summit presented by some of the world’s foremost innovators, change makers and prominent leaders in the blockchain and crypto ecosystem. See http://www.socaltech.com/calendar/eventid/26048 May 5, Encino -- *First Time Entrepreneur Workshop* First Time Entrepreneur Workshop. LAVA. Workshop for entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. During our five hour program, you will learn how to: Determine the value of your company Put together a capitalization table Understand how VCs screen potential investments Understand the differences between trademarks, copyrights and patents and when you need them Choose co-founders Network at startup events — the right way. See http://www.socaltech.com/calendar/eventid/26058 May 7, San Diego -- *Technology Services World (TSW) 2018* Technology Services World (TSW) 2018. TSW is an unrivaled source of peer learning, networking, and idea sharing. Learn how technology companies are leveraging the expertise of both their Sales and Service teams to land, retain, and grow customers. See http://www.socaltech.com/calendar/eventid/26035 May 11, San Diego -- *SANS Cyber Security Training in San Diego, California* SANS Cyber Security Training in San Diego, California. SANS' information security training goes beyond theory, incorporating real-world examples and practical techniques you can apply directly to your work. See http://www.socaltech.com/calendar/eventid/26051 May 16, San Diego -- *MIT Enterprise Forum San Diego, Annual Wine Social Fundraiser* MIT Enterprise Forum San Diego, Annual Wine Social Fundraiser. Join us for the 15th Annual Wine Social and Fundraiser for #Stem. It’s a relaxing evening of fun, wine, great food, and an opportunity to give back to #STEM Programs. Located at the beautiful Waterfalls at Knobbe Martens in Del Mar you’ll enjoy unlimited tastings of California’s finest wines, along with a tasteful dinner prepared by the French Gourmet, and network with the who’s who of the #Tech and #Biotech industry. A portion of the ticket sales are donated to the MIT Science and Engineering Program for Teachers, (SEPT). This program enables the MIT Club of San Diego to send one High School teacher to MIT in Cambridge, MA for special training that they bring back to their classrooms in San Diego. See http://www.socaltech.com/calendar/eventid/26060 ------------------------------ *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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
