*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 23, 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 Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses ------------------------------ *Headlines * - FreedomPop Launches New MVNO Targeted At Sprint, T-Mobile Customers <#m_-4152888850063648001_0074888> - GameFly Sells Cloud Streaming Tech, Team To Electronic Arts <#m_-4152888850063648001_0074887> - Reliam Buys G2 Tech Group <#m_-4152888850063648001_0074884> - Esri Expands In North Carolina <#m_-4152888850063648001_0074886> - Appetize Adds New Customers, Trumpets Growth <#m_-4152888850063648001_0074885> - Upfront Ventures Backs Nanit's Baby Sleep Monitors <#m_-4152888850063648001_0074882> - Openpath, Founded By Founders Of Edgecast, Gets $7M <#m_-4152888850063648001_0074872> - Heal Raises $20M More For House Calls <#m_-4152888850063648001_0074805> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#m_-4152888850063648001_ad694> - Square 1 Bank <#m_-4152888850063648001_ad695> - Neohire South <#m_-4152888850063648001_ad720> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-4152888850063648001_ad611> - Find Help To Power Your Firm To The Next Level <#m_-4152888850063648001_ad585> *Wednesday, May 23, 2018* *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 *FreedomPop Launches New MVNO Targeted At Sprint, T-Mobile Customers* <https://www.socaltech.com/fullstory/0074888.html> Los Angeles-based mobile phone service provider FreedomPop is announcing this morning that it has launched a brand new, high end mass market wireless service, specifically aimed at Sprint and T-Mobile subscribers. According to FreedomPop, its new service, UNREAL Mobile, will provide unlimited plans starting at $15 a month, and is aimed an "ensuring continued competition" in the wireless market after the announcement of the T-Mobile and Sprint merger. (More... <https://www.socaltech.com/fullstory/0074888.html>) *GameFly Sells Cloud Streaming Tech, Team To Electronic Arts* <https://www.socaltech.com/fullstory/0074887.html> Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced. (More... <https://www.socaltech.com/fullstory/0074887.html>) *Reliam Buys G2 Tech Group* <https://www.socaltech.com/fullstory/0074884.html> Los Angeles-based Reliam, the provider of consulting and managed services for the public cloud which is backed by private equity investor Great Hill Partners, is announcing this morning that it has acquired G2 Tech Group, a Boston-based provider of Amazon Web Services (AWS) consulting. (More... <https://www.socaltech.com/fullstory/0074884.html>) *Esri Expands In North Carolina* <https://www.socaltech.com/fullstory/0074886.html> Redland-based geographical information system (GIS) provider Esri announced on Tuesday that it has opened up a new office, in Charlotte, North Carolina, where it will operate business development efforts and and East Coast call center. Esri did not say how many employees it will hire in the new location, which it says will be available to customers interested in learning about the company's products and which will also help it contribute to Charlotte's growing tech sector. (More... <https://www.socaltech.com/fullstory/0074886.html>) *Appetize Adds New Customers, Trumpets Growth* <https://www.socaltech.com/fullstory/0074885.html> Playa Vista-based Appetize, which develops modern, tablet- and handheld-based point of sale (POS) systems, has added a number of high profile customers, and says it has seen record growth this year. The venture backed company said it had 100 percent year over year growth, and 60 percent quarter-over-quarter growth in Q1, as a result of a number of new deployments in the restaurant and retail area. (More... <https://www.socaltech.com/fullstory/0074885.html>) *Upfront Ventures Backs Nanit's Baby Sleep Monitors* <https://www.socaltech.com/fullstory/0074882.html> *Nanit <https://www.nanit.com>*, a startup developing connected baby sleep monitors, has raised a $6.6M funding round, led by Los Angeles-based Upfront Ventures. Nanit--which is based in Israel and New York--said the funding also included RRE Ventures, 645 Ventures, Jacobs Technion-Cornell Institute, Flextronics, and Jerry Yang's AME Cloud Ventures. Nanit says it team comes from Applied Materials, Diapers.com, Philips, Time Warner and Tiny Love.(More... <https://www.socaltech.com/fullstory/0074882.html>) *Openpath, Founded By Founders Of Edgecast, Gets $7M* <https://www.socaltech.com/fullstory/0074872.html> Culver City-based Openpath, a new startup founded by Alex Kazerani and James Segil, the founders of Edgecast, has raised $7M in a seed funding round, the company disclosed today. The funding came from Upfront Ventures, Sorenson Ventures, Bonfire Ventures, Pritzker Group Venture Capital and Fika Ventures. Openpath is developing cloud-based physical access control systems for businesses. Kazerani and Segil sold Edgecast back in 2013, in a deal worth around $390M. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=92225> )(More... <https://www.socaltech.com/fullstory/0074872.html>) *Heal Raises $20M More For House Calls* <https://www.socaltech.com/fullstory/0074805.html> Los Angeles-based Heal, which operates a service that schedules in-home house calls from doctors via an app or its website, has raised $20M in a new funding round, the company announced Tuesday morning. The funding came from Bascom Ventures, Inflection Capital, IRA Capital, RLJ Equity Partners, Trans-Pacific Technology Fund, and others, in addition to existing investors Fidelity Contrafund, Jim Breyer, Lionel Richie, and Dr. Paul Jacobs. Heal has now raised a total of more than $69M. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=44688>)(More... <https://www.socaltech.com/fullstory/0074805.html>) *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *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]. *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 *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 *Find Help To Power Your Firm To The Next Level <http://www.socaltech.com/services/Consulting/Business/>* Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here: http://www.socaltech.com/services/Consulting/Business/ ------------------------------ *Recent Funding <#m_-4152888850063648001_funding>* 5/22/18 Openpath <https://www.socaltech.com/intelligence/?action=showdeal&id=92225> Culver City $7.00 M 5/22/18 Heal <https://www.socaltech.com/intelligence/?action=showdeal&id=92224> Pacific Palisades $20.00 M 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 ------------------------------ *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 [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
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