*socaltech.com <http://socaltech.com> TechNews - Wednesday, May 30, 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. 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 * - ResMed Acquires HEALTHCAREfirst <#m_6249376977421220928_0074950> - Los Angeles Cleantech Incubator Launches Zero Emissions Transport Effort <#m_6249376977421220928_0074949> - Virgin Galactic Completes Second Spaceship Test Flight <#m_6249376977421220928_0074947> - Tesla Sedan On Autopilot Slams Into Police Car In Laguna Beach <#m_6249376977421220928_0074948> - GoGuardian Acquired by Sumeru Equity Partners <#m_6249376977421220928_0074946> - Guardian Circle Adds Peter Diamandis As Advisor <#m_6249376977421220928_0074943> - Esri Adds New Satellite Imaging From Sentinel-2 Satellite <#m_6249376977421220928_0074939> - NVCA: Elimination of International Entrepreneur Rule A Major Mistake <#m_6249376977421220928_0074937> - Moleaer Finds $6M For Nanobubble Technology <#m_6249376977421220928_0074935> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_6249376977421220928_ad717> - Support Our News Coverage - Become A Member Today! <#m_6249376977421220928_ad680> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_6249376977421220928_ad611> - Stradling <#m_6249376977421220928_ad608> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_6249376977421220928_ad188> *Wednesday, May 30, 2018* *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]. *ResMed Acquires HEALTHCAREfirst* <https://www.socaltech.com/fullstory/0074950.html> San Diego-based ResMed, a developer of healthcare software, has acquired HEALTHCAREfirst, a developer of cloud-based software for the home health and hospice area. Financial details of the acquisition were not announced. HEALTHCAREfirst develops electronic health records software, billing and coding services, and other related software for home health and hospice agencies. ResMed said it will use the buy to help complement its existing software solutions offered by its subsidiary, Brightree. (More... <https://www.socaltech.com/fullstory/0074950.html>) *Los Angeles Cleantech Incubator Launches Zero Emissions Transport Effort* <https://www.socaltech.com/fullstory/0074949.html> The Los Angeles Cleantech Incubator (LACI), the non-profit which encourages clean technology startups in the City of Los Angeles, said it has launched a new effort to accelerate the electricification of regional transportation, in an effort to reach zero emissions in the area's movement of goods. (More... <https://www.socaltech.com/fullstory/0074949.html>) *Virgin Galactic Completes Second Spaceship Test Flight* <https://www.socaltech.com/fullstory/0074947.html> Mojave-based Virgin Galactic, the commercial, tourism-focused spaceship company led by Sir Richard Branson, said on tuesday that it has completed its second, successful, rocket-powered test flight. According to Virgin Galactic, the test flight was focused on understanding the supersonic handling characteristics of its VSS Unity spaceship, as it added passenger seats and related equipment that are closer to the ultimate commercial configuration of the craft. (More... <https://www.socaltech.com/fullstory/0074947.html>) *Tesla Sedan On Autopilot Slams Into Police Car In Laguna Beach* <https://www.socaltech.com/fullstory/0074948.html> A Tesla sedan, operating in "Autopilot" mode, slammed into the back of a parked police car in Laguna Beach on Tuesday morning, according to the Laguna Police Police Department. According to the department, minor injuries were sustained by the Tesla driver, and--luckily--its officer was not in the unit at the time. The incident is not the first involving a Tesla vehicle, Autopilot, and public safety. (More... <https://www.socaltech.com/fullstory/0074948.html>) *GoGuardian Acquired by Sumeru Equity Partners* <https://www.socaltech.com/fullstory/0074946.html> Los Angeles-based GoGuardian, a startup which develops Chromebook management software for schools, disclosed last week that it has raised a majority round of private equity from Sumeru Equity Partners. Size of the investment were not announced. GoGuardian is led by founder and CEO Advait Shinde. The company said that George Kadifa, Sanjeet Mitra and Sean Kendra--all of Sumeru Equity Partners--have joined the company's board with the majority investment. (More... <https://www.socaltech.com/fullstory/0074946.html>) *Guardian Circle Adds Peter Diamandis As Advisor* <https://www.socaltech.com/fullstory/0074943.html> Marina Del Rey-based startup Guardian Circle, the developer of a social-based system and app that helps people summon help from their friends, said last week that it has added futurist Peter Diamandis as an advisor as part of a "token sale" the company is running. (More... <https://www.socaltech.com/fullstory/0074943.html>) *Esri Adds New Satellite Imaging From Sentinel-2 Satellite* <https://www.socaltech.com/fullstory/0074939.html> Redland-based geographical information systems (GIS) provider Esri said on Monday morning that it is extending its suite of satellite images for its service, adding Sentinel-2 Earth Observation Satellite images, for any location in the world. Those images--from the European Space Agency's Sentinel-2 satellite--is at a 10 meter resolution, and updates every 5 to 7 days. (More... <https://www.socaltech.com/fullstory/0074939.html>) *NVCA: Elimination of International Entrepreneur Rule A Major Mistake* <https://www.socaltech.com/fullstory/0074937.html> The National Venture Capital Association (NVCA) said Friday that the recission of the International Entrepreneur Rule (also billed as the "Startup Visa") -- which was aimed at encouraging foreign-born entrepreneurs to launch high-growth startups in the U.S.--is a "major mistake for U.S. job creation and innovation". The rule, which the NVCA says would allow for talented immigrant entrepreneurs to remain in the U.S. to build and scale their startups, is being targeted by the current U.S. ( More... <https://www.socaltech.com/fullstory/0074937.html>) *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>) *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 [email protected] for more information and mention Socal Tech for special industry rates. *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. [email protected] 805-230-1350 www.socalip.com *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. *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 ------------------------------ *Recent Funding <#m_6249376977421220928_funding>* 5/29/18 Moleaer <https://www.socaltech.com/intelligence/?action=showdeal&id=92543> Torrance $6.00 M 5/29/18 Surkus, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92542> Los Angeles $10.00 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 mPulse <https://www.socaltech.com/intelligence/?action=showdeal&id=92034> Encino $11.00 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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