*socaltech.com <http://socaltech.com> TechNews - Wednesday, June 20, 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). ------------------------------ *Headlines * - Viasat Names New Space Systems Head <#m_1540866179901483932_0075161> - Alpha Wave Investors Invests In Soul Community Planet <#m_1540866179901483932_0075163> - Upfront Ventures Backs Community Event Startup Bevy <#m_1540866179901483932_0075160> - Cylance Picks Up $120M For Endpoint Security <#m_1540866179901483932_0075159> - FabFitFun Creates Box Centered Around Pinterest 100 <#m_1540866179901483932_0075158> - Vertex Pharmaceuticals Sets Up New Research Site In San Diego <#m_1540866179901483932_0075150> - CrowdStrike Finds $200M More In Series E Funding, Now Valued At $3 Billion <#m_1540866179901483932_0075145> *Marketplace* - Support Our News Coverage - Become A Member Today! <#m_1540866179901483932_ad680> - Stradling <#m_1540866179901483932_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_1540866179901483932_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_1540866179901483932_ad188> *Wednesday, June 20, 2018* *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 *Viasat Names New Space Systems Head* <https://www.socaltech.com/fullstory/0075161.html> Carlsbad-based satellite communications company Viasat announced this morning that it has named Dave Ryan as the head of its Space Systems business, heading up satellite system design, fabrication, test and operations of its global satellite constellation. Ryan has been at Viasat since 2016, previously serving as President of Boeing Satellite Systems International and serving at Northrop Grumman. (More... <https://www.socaltech.com/fullstory/0075161.html>) *Alpha Wave Investors Invests In Soul Community Planet* <https://www.socaltech.com/fullstory/0075163.html> San Clemente-based private equity investor Alpha Wave Investors says it has made an investment, and helped form a new company called Soul Community Planet (SCP), a new company focused on "holistic hospitality". Size of the investment was not announced. SCP is initially developing a chain of hotels called SCP Hotels, which will develop hotels, resorts, restaurants, bars, marketplaces, recreation venues and fitness clubs. (More... <https://www.socaltech.com/fullstory/0075163.html>) *Upfront Ventures Backs Community Event Startup Bevy* <https://www.socaltech.com/fullstory/0075160.html> Los Angeles-based venture investor Upfront Ventures is the lead investor in a startup, Bevy, which develops an online platform to help companies manage community groups and events. According to Bevy, it raised $6.4M in a funding round led by Upfront Ventures, and which also included author Steve Blank, Ryan Smith and Jared Smith, co-founders of Qualtrics, and Aaron Skonnard, CEO of Pluralsight. Derek Andersen is CEO of Bevy, which is a spinout of Startup Grind. (More... <https://www.socaltech.com/fullstory/0075160.html>) *Cylance Picks Up $120M For Endpoint Security* <https://www.socaltech.com/fullstory/0075159.html> Irvine-based Cylance, which develops endpoint security software, said on Tuesday that it has raised $120M more in a funding round, for its artificial intelligence-powered software. The company said the funding was led by Blackstone Tactical Opportunities, and also included other investors. Cylance, led by Cylance CEO Stuart McClure, says it had over $130M in annual revenues for its fiscal year 2018, and saw 90% year-over-year growth. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=36037>)(More... <https://www.socaltech.com/fullstory/0075159.html>) *FabFitFun Creates Box Centered Around Pinterest 100* <https://www.socaltech.com/fullstory/0075158.html> West Hollywood-based women's lifestyle brand FabFitFun.com is rolling out its own, product "box", the Pinterest Box, which will deliver products based on the most popular Pinterest beauty, style, wellness, and food trends, the company said today. According to FabFitFun, its new "Pinterest 100 Box" is based on The Pinterest 100, the annual trend forecast issued by Pinterest. (More... <https://www.socaltech.com/fullstory/0075158.html>) *Vertex Pharmaceuticals Sets Up New Research Site In San Diego* <https://www.socaltech.com/fullstory/0075150.html> Vertex Pharmaceuticals, a biotechnology company that develops treatments for cystic fibrosis (CF) and other diseases, has opened up a new, 170,000 square foot facility in Torrey Pines, San Diego. According to Vertex, its new facility is a "significant expansion" of its presence in the area. Vertex said the site is one of its three global research hubs, where the company's three breakthrough cystic fibrosis (CF) medicines were discovered. (More... <https://www.socaltech.com/fullstory/0075150.html>) *CrowdStrike Finds $200M More In Series E Funding, Now Valued At $3 Billion* <https://www.socaltech.com/fullstory/0075145.html> Crowdstrike, the cloud cybersecurity software developer led by George Kurtz, has raised a huge, $200M funding round, which values the company at more than $3 billion. The company--started in Irvine, where most of it operations are, but which now officially says is is headquartered in Sunnyvale--said the funding was led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. (Funding Details <https://www.silicontap.com/intelligence/index.php?action=showco&id=31261>)( More... <https://www.socaltech.com/fullstory/0075145.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 *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] *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_1540866179901483932_funding>* 6/19/18 Cylance <https://www.socaltech.com/intelligence/?action=showdeal&id=92858> Irvine $120.00 M 6/19/18 Crate.io <https://www.socaltech.com/intelligence/?action=showdeal&id=92774> San Francisco $11.00 M 6/19/18 CrowdStrike Holdings, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92772> Irvine $200.00 M 6/07/18 The Honest Co. <https://www.socaltech.com/intelligence/?action=showdeal&id=92627> Santa Monica $200.00 M 6/05/18 Raken <https://www.socaltech.com/intelligence/?action=showdeal&id=92570> Cardiff-By-The-Sea $10.00 M 5/31/18 SnackNation <https://www.socaltech.com/intelligence/?action=showdeal&id=92567> Los Angeles $12.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html June 20, Los Angeles -- *First Look SoCal at UCLA Luskin Center* First Look SoCal at UCLA Luskin Center. Come see 30 early stage startups who are commercializing their deep scientific breakthroughs from 18 of SoCal’s top research universities and institutions. The day will feature three simultaneous domain tracks: Life Science, Computer Science, and Physical Science. This exclusive, invite-only half-day program will bring together investors, innovators and executives in an intimate setting. This event is brought to you by the Alliance for Southern California Innovation and the Los Angeles Venture Association (LAVA). Event is free but need to request invite. See http://www.socaltech.com/calendar/eventid/26111 June 20, San Diego -- *Drones Over San Diego* Drones Over San Diego. MIT Enterprise San Diego. UBER, Amazon, Dominos and more. Every day we hear news of another application for UAVs — commonly known as Drones. We will cover real applications, from the Commercial, Military, and Technical viewpoints. And, especially what is happening here in San Diego. MODERATOR David Place, CDR (Ret.) USN. PANELISTS: Amir Emadi, President and CEO, SKYLIFT GLOBAL; Dave Twining, Co-Founder, COO, PLANCK AEROSYSTEMS; Daniel Magy, Founder and CEO, DRONE CITADEL; Chad Amon, CEO and Co-Founder, INOVA DRON. See http://www.socaltech.com/calendar/eventid/26121 June 21, Santa Monica -- *Wild and West Startup Presentations and Networking at WeWork in Santa Monica* Wild and West Startup Presentations and Networking at WeWork in Santa Monica. Tuesday, June 21st at WeWork in Santa Monica! Come learn more about local startups and meet new people in the Silicon Beach community. Feel free to bring company swag to hand out to guests. Want to present? Book a presentation ticket and get 5 minutes of stage time to present your company, talent or host a demonstration.. See http://www.socaltech.com/calendar/eventid/26109 June 27, Los Angeles -- *Join us for the Future Forum on Future Healtcare Innovation* Future Forum – The Future of Healthcare Innovation. LAEDC. A New Healthcare Paradigm Powered by Investment in Innovation. The healthcare industry is experiencing an explosion of innovations that are improving life expectancy and quality of life. Healthcare’s innovation has driven the development of new diagnostic procedures, drugs, and medical devices, among many other advances. Future healthcare innovation is poised to deliver a massive sea change in prevention, personalized care tailored to a patient’s specific genetic profile, and more efficient technology-enabled patient-provider health encounters. See http://www.socaltech.com/calendar/eventid/26120 June 28, Irvine -- *MasterMinds OC Startup Accelerator Workshop #15* MasterMinds OC Startup Accelerator Workshop #15. OC ENTREPRENEURS: Join us for another LIVE MasterMinds Workshop. Bring your startup ideas and business questions so our friendly group of local Orange County entrepreneurs and business owners can help you move your business farther, faster. Free tickets available if you have a good startup business question for discussion, or you want to practice your startup pitch. See http://www.socaltech.com/calendar/eventid/26104 June 28, Santa Monica -- *Planning for Success: What Entrepreneurs Need to Know About Intellectual Property* Planning for Success: What Entrepreneurs Need to Know About Intellectual Property “IP can be complex and confusing; now, I am able to make smart decisions to protect my IP and maximize its value!” – this is the reaction of many who have attended Kevin’s past presentations. Kevin DeBré, Chair of the Intellectual Property and Technology Transactions practice at Stubbs Alderton & Markiles, LLP is conducting a unique one-hour workshop geared specifically for entrepreneurs on Intellectual Property Protection, Planning and Profit. Key topics will include: • How to build a solid IP foundation on a startup budget • Common mistakes entrepreneurs make and how to avoid them • How to respond to tough questions about IP protection from potential investors This workshop will change the way you think about IP. See http://www.socaltech.com/calendar/eventid/26113 July 11, Santa Monica -- *Flying With Unicorns LAVA Awards Celebration 2018* "Flying With Unicorns" LAVA Awards Celebration 2018. Celebrate Hall of Fame Honoree Hemi Zucker and J2 Communications Extraordinary M&A Activity. Hemi Zucker is a Managing Principal of OCV Partners. OCV is a Los Angeles-based venture fund that invests in, owns, and operates companies in the information technology, e-commerce, media & telecommunications, life sciences & healthcare, and clean technology sectors with the objective of creating sustainable long-term value. Why You Should Attend: Connect with Startup CEOs, Venture Funded Companies, Venture Investors and thought leaders shaping the future of Los Angeles's technology ecosystem. See http://www.socaltech.com/calendar/eventid/26102 July 14, Culver City -- *Pitch Genius Workshops* Pitch Genius Workshops/ The purpose of this workshop is to educate idea-to-early stage startups about investors, fundraising, and how to make a successful pitch. See http://www.socaltech.com/calendar/eventid/26115 July 19, Playa Vista -- *LAXTechRecruit* LAXTechRecruit. All Day hands-on conference on Recruiting & Hiring Strategies. Lou Adler keynote, 35+ Talent Acquisition Leaders speaking and opening playbooks on Hiring, Employer Branding & Sourcing Automation Tools & Recruiter Outbound Marketing. 200+ attendees @ CTRL Collective & Sponsored by Hiretual. See http://www.socaltech.com/calendar/eventid/26112 ------------------------------ *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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