*socaltech.com <http://socaltech.com> TechNews - Thursday, May 3, 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). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - Ticket OS Acquired By Entertainment Benefits Group <#m_-6933833081923580882_0074643> - Endologix Names New CEO <#m_-6933833081923580882_0074642> - Caltius Equity Partners Backs Health Payment Systems <#m_-6933833081923580882_0074641> - OpenX Expands Executive Team <#m_-6933833081923580882_0074640> - Soothe Scores $31M For On Demand Massages, But Moves To Vegas <#m_-6933833081923580882_0074639> - Willdan Buys Newcomb Anderson McCormick <#m_-6933833081923580882_0074626> - OTOY Links GPU Rendering, Blockchain With New Token <#m_-6933833081923580882_0074630> - VizExplorer Wins New Customer <#m_-6933833081923580882_0074629> *Marketplace* - Support Our News Coverage - Become A Member Today! <#m_-6933833081923580882_ad680> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-6933833081923580882_ad611> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-6933833081923580882_ad596> *Thursday, May 3, 2018* ** Hi all, on popular request, we're resending the email today to fix the links (the HTML tool we use to prep the newsletter had some issues this morning). Thanks! Ben Kuo - Editor *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 rchurch...@square1bank.com. *Ticket OS Acquired By Entertainment Benefits Group* <https://www.socaltech.com/fullstory/0074643.html> Los Angeles-based TicketOS, a developer of a software platform that helps organizations automate the management of such entertainment assets as corporate entertainment suite inventory, entertainment and sports tickets, corporate hospitality, and other assets, has been acquired by Miami-based Entertainment Benefits Group (EBG). EBG is a provider of technology to power B2B and B2C. Financial terms of the acquisition were not announced. TicketOS was originally developed by LA's RazorGator. (More... <https://www.socaltech.com/fullstory/0074643.html>) *Endologix Names New CEO* <https://www.socaltech.com/fullstory/0074642.html> Irvine-based Endologix, which develops treatments for aortic disorders, said on Wednesday that it has named John Onopchenko as the company's new Chief Executive Officer. Onopchenko had been the company's Chief Operating Officer since October of 2017. He previously had been EVP foR Acutus Medical, and also served at Volcano Corporation, Philips, and Johnson & Johnson, among what the company says is almost thirty years of experience in the medical devices area. (More... <https://www.socaltech.com/fullstory/0074642.html>) *Caltius Equity Partners Backs Health Payment Systems* <https://www.socaltech.com/fullstory/0074641.html> Los Angeles-based private equity investor *Caltius Equity Partners* said late Wednesday that it has made a "significant" investment in *Health Payment Systems <http://www.hps.md>*, a developer of healthcare technology and services. Size of that investment was not announed. HPS is based in Milwaukee, Wisconsin, and helps health care providers and health insurance companies with healthcare billings and payments.(More... <https://www.socaltech.com/fullstory/0074641.html>) *OpenX Expands Executive Team* <https://www.socaltech.com/fullstory/0074640.html> Los Angeles-based OpenX, which develops advertising technology, in addition to running its own ad exchange, said this morning that it has named three new executives. The company said it has named Sophia Chung as Vice President of product, Roy Firestone as Senior Director of Product, and Treven Ho as Senior Product Manager. Chung, who will be responsible for OpenX's mobile app development initiatives, was previously at AdColony, and also served at YP.com. (More... <https://www.socaltech.com/fullstory/0074640.html>) *Soothe Scores $31M For On Demand Massages, But Moves To Vegas* <https://www.socaltech.com/fullstory/0074639.html> Soothe, which provides on-demand access to certified massage therapists, has raised $31M in a new funding, the company said on Wednesday, but has shifted its headquarters out of Los Angeles and moved to Las Vegas. According to the company, the funding came from The Riverside Company. As part of the move, the company said its founder, Merlin Kauffman, has stepped down from his position, and a new CEO, Simon Heyrick, has taken his place. The company did not say why it moved to Las Vegas. (More... <https://www.socaltech.com/fullstory/0074639.html>) *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>) *Support Our News Coverage - Become A Member Today! <https://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *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. i...@socalip.com 805-230-1350 www.socalip.com *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <+johnhuttin...@pacificunified.com>* 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 johnhuttin...@pacificunified.com ------------------------------ *Recent Funding <#m_-6933833081923580882_funding>* 5/03/18 Refuge Biotech <https://www.socaltech.com/intelligence/?action=showdeal&id=91954> Menlo Park $25.00 M 5/02/18 Soothe <https://www.socaltech.com/intelligence/?action=showdeal&id=91952> Los Angeles $31.00 M 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 VizExplorer <https://www.socaltech.com/intelligence/?action=showdeal&id=91551> San Diego $0.00 M 4/17/18 AppOnboard <https://www.socaltech.com/intelligence/?action=showdeal&id=91552> Los Angeles $15.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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)* Silicon Beach Networking Mixer at The Room (Free Drinks). Wednesday, May 9th Starting at 6pm! Drinks, Presentations, and Networking! 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. See http://www.socaltech.com/calendar/eventid/26081 May 10, Los Angeles -- *Facebook Advertising Group Consultation (10 person limit)* Facebook Advertising Group Consultation (10 person limit). 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* Caltech Entrepreneurs Forum - Blockchain. The Caltech Entrepreneurs Forum will focus on entrepreneurial opportunities related to those blockchain technologies – ones that do not market or depend on cryptocurrencies. Our program will kick off with a Keynote by Leonard Adleman, of the University of Southern California. Prof. Adleman has been a pioneer in public key encryption, the co-inventor of the RSA encryption algorithm that is at the heart of many of the systems that help protect secure records and communications. A highly interactive panel discussion will include a Venture Capitalist, a Supply Chain Management specialist from Accenture and a serial software entrepreneur working in Blockchain. See http://www.socaltech.com/calendar/eventid/26070 May 15, Los Angeles -- *AI and The Future Of Sales* AI and The Future Of Sales. Jobs requiring artificial intelligence skills in the US have grown 450 0n the last five years. Technology teams today collect billions of signals from users every month, and sales professionals are increasingly responsible for shaping process based on a dynamic flow of data — as opposed to traditional static strategy. How can we most effectively build for the content and data that flow into our sales teams? What is the right way to implement AI features into your sales process? We invite you to an evening of networking and an informative discussion brought to you by AlwaysHired at the wonderful WeWork Vine location. Discover how artificial intelligence can help you retain talent, predict employee resignations, maximize sales, identify conflicts in teams before they arise, help build self-motivated teams, and much more. 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* Preccelerator® Program Class 8 Demo Day + Investor Panel. Clear your calendar - It's going down! The Preccelerator® Program Class 8 Demo Day kicks off on May 23rd @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator® Program is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community. Followed by an investor panel - details coming soon! Inside the Investor Boardroom - Insights to the Mistakes and Successes of Founders When Pitching. 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 b...@socaltech.com 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 customerserv...@socaltech.com ------------------------------ 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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