*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 2, 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. 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 * - Willdan Buys Newcomb Anderson McCormick <#m_2088303746918669768_0074626> - OTOY Links GPU Rendering, Blockchain With New Token <#m_2088303746918669768_0074630> - VizExplorer Wins New Customer <#m_2088303746918669768_0074629> - Snap Misses On Revenues, As UI Changes Hit Bottom Line <#m_2088303746918669768_0074628> - MaxLinear Selected By German Networking Equipment Developer <#m_2088303746918669768_0074627> - SpaceX Dragon, With NASA Cargo, Headed Back To SoCal On Saturday <#m_2088303746918669768_0074622> - Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund <#m_2088303746918669768_0074619> - NASA Gears Up To Launch Mission To Mars, From Vandenberg <#m_2088303746918669768_0074611> - Dollar Shave Club Boosts Team With Four Exec Hires <#m_2088303746918669768_0074609> - Chrome River Names New CTO <#m_2088303746918669768_0074608> *Marketplace* - Become a Socaltech Supporter! <#m_2088303746918669768_ad724> - Square 1 Bank <#m_2088303746918669768_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_2088303746918669768_ad611> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_2088303746918669768_ad729> - Stradling <#m_2088303746918669768_ad608> *Wednesday, May 2, 2018* *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 *Willdan Buys Newcomb Anderson McCormick* <https://www.socaltech.com/fullstory/0074626.html> Anaheim-based professional and technical consulting services provider Willdan Group announced this morning that it ha acquired Newcomb Anderson McCormick, Inc. (NAM), an energy engineering and consulting company with offices in San Francisco and Los Angeles. Financial details of the acquisition were not announced, however, Willdan said the acquisition will add approximately $7 million in annual revenue. NAM had focused on mechanical engineering and energy efficiency programs and services. (More... <https://www.socaltech.com/fullstory/0074626.html>) *OTOY Links GPU Rendering, Blockchain With New Token* <https://www.socaltech.com/fullstory/0074630.html> Los Angeles-based OTOY, which provides cloud-based, graphics rendering services, has jumped into the world of Blockchain, saying that it has launched a new Ethereum-based token called RNDR. According to OTOY, its new Blockchain-based rendering platform is build on the Ethereum blockchain, and creates a distributed network of idle GPUs to render graphics more requickly and efficiently for content creators. (More... <https://www.socaltech.com/fullstory/0074630.html>) *VizExplorer Wins New Customer* <https://www.socaltech.com/fullstory/0074629.html> San Diego-based VizExplorer, which develops operational intelligence software used by casinos, reported a win with the Tunica-Biloxi Gaming Authority for Paragon Casino Resort, in Marksville, Louisiana. Financial details of the win were not announced. VizExplorer said the win also included its new premium consulting service. VizExplorer recently received a big round of funding from Morgan Stanley Expansion Capital. (More... <https://www.socaltech.com/fullstory/0074629.html>) *Snap Misses On Revenues, As UI Changes Hit Bottom Line* <https://www.socaltech.com/fullstory/0074628.html> Venice-based Snap, the parent company of Snapchat, missed its estimated revenue targets in Q1, reporting revenues of $230.7M versus and expected $244.5M consensus estimate by analysts, as the company reported issues due to the controversial user interface changes at the company during the quarter. The company reported a net loss of $385.8M for the quarter, and an adjusted negative EBITDA of $217.8M. (More... <https://www.socaltech.com/fullstory/0074628.html>) *MaxLinear Selected By German Networking Equipment Developer* <https://www.socaltech.com/fullstory/0074627.html> Carlsbad-based MaxLinear, which develops radio frequency, analog, and mixed-signal integrated circuits, reported a win this morning with German home networking equipment maker devolo. According to MaxLinear, devolo has selected its G.hn Wave 2 transceiver ICs, for a new line of powerline networking products. Financial impact of the win, and anticipated shipment volumes were not announced. devolo's products are aimed at service providers and carriers in Europe. (More... <https://www.socaltech.com/fullstory/0074627.html>) *SpaceX Dragon, With NASA Cargo, Headed Back To SoCal On Saturday* <https://www.socaltech.com/fullstory/0074622.html> It looks like Saturday is going to be a big day for Southern California's growing space industry, as 4,000 pounds of cargo will be returning to earth--heading towards Long Beach--in a SpaceX Dragon capsule. According to NASA, the SpaceX Dragon cargo spacecraft is expected to splash down in the Pacific on Saturday west of Baja California, where it will be taken by ship to Long Beach. (More... <https://www.socaltech.com/fullstory/0074622.html>) *Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund* <https://www.socaltech.com/fullstory/0074619.html> Pacific Palisades-based Wavemaker Genesis, a new, venture capital investment fund aimed at Blockchain and cryptocurrency investments, has quietly been making the round of limited partners, according to a regulatory filing by the fund. The new fund--led by Wavemaker Partners co-founder David Seimer and Scott Walker, the founder and CEO of Atrinsic and Bitcoin mining guru. (More... <https://www.socaltech.com/fullstory/0074619.html>) *NASA Gears Up To Launch Mission To Mars, From Vandenberg* <https://www.socaltech.com/fullstory/0074611.html> Another exciting space launch--this time, from NASA--is set to launch from Vandenberg Air Force base on Saturday, as NASA looks to send a mission to Mars, the first planetary mission to take off from the West Coast. According to NASA, it is targeting a launch on Saturday, May 5th, at 4:05 a.m. PDT on Saturday, from Space Launch Complex-3 at Vandenberg Air Force Base. Vandenberg--thanks in part to Los Angeles-based SpaceX--has become a hotbed of recent rocket launches. (More... <https://www.socaltech.com/fullstory/0074611.html>) *Dollar Shave Club Boosts Team With Four Exec Hires* <https://www.socaltech.com/fullstory/0074609.html> Los Angeles-based Dollar Shave Club is announcing a major boost to its executive team this morning, with the hiring of four executives--Alan Wizemann as Chief Digital Officer, Danny Miles as Chief Technology Officer, Gloria Synn as Vice President of Member Strategy, and David Kujda as Vice President of Experience Design. Wizemann was previously at Target, Lululemon, WebMD, and ShopIgniter; Miles was at Nike; Synn was at Nordstrom and Gap; and Kujda was at HomeAway and PayPal. (More... <https://www.socaltech.com/fullstory/0074609.html>) *Chrome River Names New CTO* <https://www.socaltech.com/fullstory/0074608.html> Los Angeles-based Chrome River, which develops expense and invoice management software, said this morning that it has named Sunil Kayiti as its new Chief Technical Officer. Kayiti was most recently Managing Director at Eze Software Group, a developer of investment management software. Chrome River said Kayiti led a team of more than 170 at Eze, which is in Boston. Kayiti also had spent more than 20 years at Fidelity Investments. ( More... <https://www.socaltech.com/fullstory/0074608.html>) *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *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 *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. ------------------------------ *Recent Funding <#m_2088303746918669768_funding>* 4/30/18 LeaseLock <https://www.socaltech.com/intelligence/?action=showdeal&id=91825> Los Angeles $10.00 M 4/27/18 Maverick <https://www.socaltech.com/intelligence/?action=showdeal&id=91821> Los Angeles $2.70 M 4/26/18 Chalice Wealth Partners <https://www.socaltech.com/intelligence/?action=showdeal&id=91818> San Diego $4.60 M 4/19/18 TheWaveVR <https://www.socaltech.com/intelligence/?action=showdeal&id=91557> Los Angeles $6.00 M 4/18/18 Tala <https://www.socaltech.com/intelligence/?action=showdeal&id=91553> Los Angeles $50.00 M 4/18/18 Agentology <https://www.socaltech.com/intelligence/?action=showdeal&id=91554> San Diego $12.00 M 4/17/18 AppOnboard <https://www.socaltech.com/intelligence/?action=showdeal&id=91552> Los Angeles $15.00 M 4/17/18 VizExplorer <https://www.socaltech.com/intelligence/?action=showdeal&id=91551> San Diego $0.00 M 4/09/18 Flyr <https://www.socaltech.com/intelligence/?action=showdeal&id=91360> Santa Monica $1.00 M 4/09/18 SPIDR Tech Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=91361> Manhattan Beach $2.50 M 4/06/18 Lytx FKA DriveCam <https://www.socaltech.com/intelligence/?action=showdeal&id=91336> San Diego $700.00 M 4/05/18 PeerStreet <https://www.socaltech.com/intelligence/?action=showdeal&id=91312> Manhattan Beach $29.50 M 4/03/18 Axonics Modulation Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=91166> Irvine $20.10 M 3/30/18 Wondery <https://www.socaltech.com/intelligence/?action=showdeal&id=90999> Los Angeles $5.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 3, Santa Monica -- *LA CEOs* *NEW* . See http://www.socaltech.com/calendar/eventid/26078 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 9, Santa Monica -- *Silicon Beach Networking Mixer at The Room (Free Drinks)* *NEW* . See http://www.socaltech.com/calendar/eventid/26081 May 10, Los Angeles -- *Facebook Advertising Group Consultation (10 person limit)* *NEW* . See http://www.socaltech.com/calendar/eventid/26082 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 12, Pasadena -- *Caltech Entrepreneurs Forum - Blockchain* *NEW* . See http://www.socaltech.com/calendar/eventid/26070 May 15, Los Angeles -- *AI and The Future Of Sales* *NEW* . See http://www.socaltech.com/calendar/eventid/26085 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 May 20, Los Angeles -- *Display Week 2018* Display Week 2018. The 54th SID International Symposium, Seminar and Exhibition, or Display Week 2018, will take place May 20-25 at the Los Angeles Convention Center in Los Angeles, Calif. Display Week is the premier gathering of system integrators, designers, consumers, scientists, engineers and manufacturers in the field of electronic information displays. See http://www.socaltech.com/calendar/eventid/25906 May 23, Los Angeles -- *The IT Summit Los Angeles* The IT Summit Los Angeles. The IT Summit is the executive technology conference series returning to Los Angeles for our twelfth annual event on Wednesday, May 23rd, 2018. The purpose of the summit is to provide educational and networking resources for the IT leaders in Southern California. The conference is driven by an Executive Board of regional IT professionals that directs the content of the conference. The IT Summit is designed to address the real-world opportunities and challenges faced by today's executives. See http://www.socaltech.com/calendar/eventid/25984 May 23, Santa Monica -- *Preccelerator® Program Class 8 Demo Day + Investor Panel* *NEW* . See http://www.socaltech.com/calendar/eventid/26087 ------------------------------ *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. 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