*socaltech.com <http://socaltech.com> TechNews - Tuesday, May 29, 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. 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 ------------------------------ *Headlines * - Moleaer Finds $6M For Nanobubble Technology <#m_-6817779214309359603_0074935> - Surkus Raises $10M <#m_-6817779214309359603_0074934> - ISSQUARED Acquires Starnet Data Design <#m_-6817779214309359603_0074933> - SpaceX Queues Up Satellite Launch At Canaveral For June 1st <#m_-6817779214309359603_0074936> - Greycroft Backs BlueCart In $5M Funding <#m_-6817779214309359603_0074930> - Founder of RYSE UP, NearWoo Jason Crilly Passes Away <#m_-6817779214309359603_0074928> - Illumina Spinout Grail Gets $300M More For Cancer Detection Testing <#m_-6817779214309359603_0074926> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-6817779214309359603_ad729> - Neohire South <#m_-6817779214309359603_ad720> - Stubbs Alderton & Markiles Preccelerator <#m_-6817779214309359603_ad694> - Stradling <#m_-6817779214309359603_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-6817779214309359603_ad596> *Tuesday, May 29, 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 [email protected] for details. *Moleaer Finds $6M For Nanobubble Technology* <https://www.socaltech.com/fullstory/0074935.html> Los Angeles-based Moleaer, a manufacturer of industrial "nanobubble generators" used for water and wastewater treatment, agriculture irrigation, and oil-water separation, announced this morning that it has raised $6M in a funding round. The funding was led by Energy Innovation Capital (EIC). According to Moleaer, its products increase gas transfer rates and improve solids separation from water, wastewater and produced water. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=57957>)( More... <https://www.socaltech.com/fullstory/0074935.html>) *Surkus Raises $10M* <https://www.socaltech.com/fullstory/0074934.html> Los Angeles-based Surkus, a developer of a platform to help connect people with local events, has raised $10M in a Series B funding, according to the comapny. The funding was led by Capital Union investments and EOS Global. According to Surkus, the investment in the company is the first for EOS Global, a $200M venture fund focused on the blockchain. Surkus is led by CEO Stephen George, who the company said started his career at Groupon, and headed operations through its IPO in 2011. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=92542>)(More... <https://www.socaltech.com/fullstory/0074934.html>) *ISSQUARED Acquires Starnet Data Design* <https://www.socaltech.com/fullstory/0074933.html> Newbury Park-based ISSQUARED, an information technology provider, said this morning that it has acquired Westlake Village-based Starnet Data Design. Financial details of the buy were not disclosed. BOth companies provide information technology consulting, including consulting in the areas of networking, security, hardware, and other related areas for enterprise to SMB customers. Bala Ramaiah is CEO of ISSQUARED; Steve Marks was CEO of Starnet. (More... <https://www.socaltech.com/fullstory/0074933.html>) *SpaceX Queues Up Satellite Launch At Canaveral For June 1st* <https://www.socaltech.com/fullstory/0074936.html> Hawthorne-based SpaceX said over the weekend that its next launch, the SES-12 mission, is being targeted for June 1st, from Pad 40 at Cape Canveral. SES-12 is a communications satellite aimed at providing communications to the Middle East and Asia Pacific, and will be launched into geostationary transfer orbit (GTO). According to Kennedy Space Center, the rocket being used in the SES-12 launch is a "flight-proven" first stage, used in a prior launch. (More... <https://www.socaltech.com/fullstory/0074936.html>) *Greycroft Backs BlueCart In $5M Funding* <https://www.socaltech.com/fullstory/0074930.html> Greycroft Ventures, which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart, a developer of machine learning software and other tools for the hospitality industry, to the tune of $5M. BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=91891> )(More... <https://www.socaltech.com/fullstory/0074930.html>) *Founder of RYSE UP, NearWoo Jason Crilly Passes Away* <https://www.socaltech.com/fullstory/0074928.html> One of Southern California's promising startup entrepreneurs, Jason G. Crilly--the co-founder of RYSE UP and co-founder of NearWoo--has passed away, according to friends and families. Crilly passed away last weekend. According to posts on his now-memorialized Facebook page, Crilly took his own life, which some attributed to the stress of startup life, along with other factors. (More... <https://www.socaltech.com/fullstory/0074928.html>) *Illumina Spinout Grail Gets $300M More For Cancer Detection Testing* <https://www.socaltech.com/fullstory/0074926.html> Grail, the spinout of San Diego-based life sciences equipment maker Illumina, has raised $300M more in funding, the company said this week. The startup is developing blood testing technology which uses DNA analysis to help in early detection of cancer. The funding came from Ally Bridge Group, Hillhouse Capital, 6 Dimensions Capital, Blue Pool Capital, China Merchant Securities International, CRF Investment, HuangPu River Capital, ICBC International, Sequoia Capital China and WuXi NextCODE. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=47196>)( More... <https://www.socaltech.com/fullstory/0074926.html>) *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 *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 *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/ *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. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* 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 [email protected] ------------------------------ *Recent Funding <#m_-6817779214309359603_funding>* 5/29/18 Surkus, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92542> Los Angeles $10.00 M 5/29/18 Moleaer <https://www.socaltech.com/intelligence/?action=showdeal&id=92543> Torrance $6.00 M 5/23/18 TruStory <https://www.socaltech.com/intelligence/?action=showdeal&id=92268> Los Angeles $3.00 M 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 Rival <https://www.socaltech.com/intelligence/?action=showdeal&id=92014> Los Angeles $30.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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. 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