*socaltech.com <http://socaltech.com> TechNews - Monday, May 21, 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's Electric Scooters May See Competition From Lyft In SF <#m_4691218369012117271_0074849> - Sonos, Sound United Settle Patent Spat <#m_4691218369012117271_0074846> - Qualcomm, Facebook Team On High Speed, 60Ghz Wireless Networking <#m_4691218369012117271_0074845> - Core Innovation Capital Backs Decent <#m_4691218369012117271_0074848> - Kratos Gets $38M For Unmanned Aerial Systems <#m_4691218369012117271_0074847> - Sonos Cuts 96 Employees <#m_4691218369012117271_0074844> - Eyellusion Gets $2M For Music Hologram Tours <#m_4691218369012117271_0074839> - Bird Battles City In Arizona After Scooter Launch <#m_4691218369012117271_0074836> - Next SpaceX Launch Shifts To Tuesday, From Vandenberg <#m_4691218369012117271_0074831> - Carlsbad Company Leaked Location Data For Every Mobile Customer In The US <#m_4691218369012117271_0074834> *Marketplace* - Neohire South <#m_4691218369012117271_ad720> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_4691218369012117271_ad717> - Square 1 Bank <#m_4691218369012117271_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_4691218369012117271_ad611> *Monday, May 21, 2018* *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 b...@socaltech.com for details. *Bird's Electric Scooters May See Competition From Lyft In SF* <https://www.socaltech.com/fullstory/0074849.html> Santa Monica-based Bird, the on-demand electric scooter rental service backed by Valor Equity Partners, Index Ventures, Craft Ventures, Goldcrest Capital, Tusk Ventures and Upfront Ventures, may be seeing even more competition in San Francisco, after reports that Lyft is hoping to launch its own, electric scooter service in the city. Bird already has a long list of competitors in San Francisco, including LimeBike and Spin. (More... <https://www.socaltech.com/fullstory/0074849.html>) *Sonos, Sound United Settle Patent Spat* <https://www.socaltech.com/fullstory/0074846.html> Vista-based Sound United, the parent firm of audio brands Denon, Marantz, Polk Audio, Definitive Technology, HEOS, Boston Acoustics and ClasseAudio, says it has settled all of the patent infringement litigation between the company and Santa Barbara-based Sonos. Sound United--the audio division of DEI Holdings--said the settlement includes an upcoming case filed against Sonos by Denon. Terms of the settlement are confidential. Both companies make speakers and home audio systems. (More... <https://www.socaltech.com/fullstory/0074846.html>) *Qualcomm, Facebook Team On High Speed, 60Ghz Wireless Networking* <https://www.socaltech.com/fullstory/0074845.html> San Diego-based Qualcomm and Facebook announced this morning that the two are teaming together to provide high speed Internet connectivity in urban areas, using 60Ghz technology from Qualcomm. According to the two, they are using Terragraph technology from Facebook combined with the high speed 60Ghz wireless technology from Qualcomm to develop high speed broadband service in urban areas. The two said they are expecting to begin trials of the solution in mid-2019. (More... <https://www.socaltech.com/fullstory/0074845.html>) *Core Innovation Capital Backs Decent* <https://www.socaltech.com/fullstory/0074848.html> Los Angeles-based fintech investor Core Innovation Capital is one of the investors in a new startup, which is combining healthcare software with crytocurrency tools. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=92212> )(More... <https://www.socaltech.com/fullstory/0074848.html>) *Kratos Gets $38M For Unmanned Aerial Systems* <https://www.socaltech.com/fullstory/0074847.html> San Diego-based defense contractor *Kratos Defense & Security Solutions <http://www.kratos.com>* reported this morning that it has received $38M in awards for high performance unmanned aerial drone aircraft, systems, and related product contract awards. Name of the customer was not announced. Kratos said the work under those contracts will be performed at its secure manufacturing facilities and customer locations. No other information on the contract was announced.(More... <https://www.socaltech.com/fullstory/0074847.html>) *Sonos Cuts 96 Employees* <https://www.socaltech.com/fullstory/0074844.html> Santa Barbara-based Sonos, which makes user-friendly, whole home music systems and speakers, has laid off 96 employees, according to multiple reports from Santa Barbara media on Friday. Deails on the layoffs have not been announced by the company, nor reason for the cuts. The cuts were reported by both the Pacific Coast Business Times and Santa Barbara Independent. The layoffs come even as the company has reportedly prepping an IPO offering in June. (More... <https://www.socaltech.com/fullstory/0074844.html>) *Eyellusion Gets $2M For Music Hologram Tours* <https://www.socaltech.com/fullstory/0074839.html> Los Angeles-based *Eyellusion*, which conducts "hologram music tours" that feature such deceased celebrities as Frank Zappa, Ronnie James Dio and others, has raised $2M in a seed funding round. The funding came from Thomas Dolan, part of the family that owns Madison Square Garden and AMC Networks. The company said Dolan joins as an advisor to the company. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=92221> )(More... <https://www.socaltech.com/fullstory/0074839.html>) *Bird Battles City In Arizona After Scooter Launch* <https://www.socaltech.com/fullstory/0074836.html> Santa Monica-based scooter rental service Bird is in the midst of a back and forth with the city of Scottsdale, Arizona, after being hit by a cease-and-desist letter from the city last week, the day after the company launched its efforts in Arizona. (More... <https://www.socaltech.com/fullstory/0074836.html>) *Next SpaceX Launch Shifts To Tuesday, From Vandenberg* <https://www.socaltech.com/fullstory/0074831.html> Hawthorne-based SpaceX is planning to launch another rocket from Vandenberg Air Force Base on Tuesday, as part of a continuing series of launches for satellite operator Iridium. SpaceX is slated to launch five Iridium satellites, plus two satellites for NASA and a German research partner with the launch, which is currently targeted for May 22nd at 12:47:58 p.m. PDT. ( More... <https://www.socaltech.com/fullstory/0074831.html>) *Carlsbad Company Leaked Location Data For Every Mobile Customer In The US* <https://www.socaltech.com/fullstory/0074834.html> A (More... <https://www.socaltech.com/fullstory/0074834.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 *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact i...@siliconmaps.com for more information and mention Socal Tech for special industry rates. *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. *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 ------------------------------ *Recent Funding <#m_4691218369012117271_funding>* 5/18/18 Eyellusion <https://www.socaltech.com/intelligence/?action=showdeal&id=92221> Los Angeles $2.00 M 5/17/18 Cujo AI <https://www.socaltech.com/intelligence/?action=showdeal&id=92203> El Segundo $0.00 M 5/16/18 Quarterback <https://www.socaltech.com/intelligence/?action=showdeal&id=92194> Los Angeles $2.50 M 5/16/18 Zeeto <https://www.socaltech.com/intelligence/?action=showdeal&id=92196> San Diego $0.00 M 5/16/18 OspreyData Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92195> San Juan Capistran $5.00 M 5/14/18 MEI Pharma <https://www.socaltech.com/intelligence/?action=showdeal&id=92078> San Diego $75.00 M 5/09/18 Syntiant <https://www.socaltech.com/intelligence/?action=showdeal&id=92046> Irvine $0.00 M 5/08/18 Luna DNA <https://www.socaltech.com/intelligence/?action=showdeal&id=92045> San Diego $4.00 M 5/07/18 mPulse <https://www.socaltech.com/intelligence/?action=showdeal&id=92034> Encino $11.00 M 5/07/18 Rival <https://www.socaltech.com/intelligence/?action=showdeal&id=92014> Los Angeles $30.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 May 24, Santa Monica -- *Silicon Beach Crypto Happy Hour w/ Presentations at The Room in Santa Monica (Complimentary Drinks)* Silicon Beach Crypto Happy Hour w/ Presentations at The Room in Santa Monica (Complimentary Drinks). Thursday, May 24th Starting at 6pm! Complimentary Drinks, Presentations, and Networking! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach Crypto and Blockchain community. Make sure to bring your business cards and be ready to make awesome connections with amazing people in blockchain technology. Register immediately for an early bird ticket. See http://www.socaltech.com/calendar/eventid/26097 May 30, Santa Monica -- *Silicon Beach Networking Mixer at The Room in Santa Monica (Complimentary Drinks)* Silicon Beach Networking Mixer at The Room in Santa Monica (Complimentary Drinks). Wednesday, May 30th Starting at 6pm! Complimentary 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/26090 June 18, Los Angeles -- *Top Legal Mistakes Made by First Time Entrepreneurs* Top Legal Mistakes Made by First Time Entrepreneurs. General Assembly. Legal mistakes can doom even the best startup concepts and founding teams. Join Matt Crowley from Crowley Corporate Legal Strategy as he aims to prepare you to deal with the essential legal issues that every startup faces. Making sure the legal matters are in order while you’re running your company is one of the most important things that can make your startup more investible in the future. See http://www.socaltech.com/calendar/eventid/26088 ------------------------------ *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. 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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