*socaltech.com <http://socaltech.com> TechNews - Tuesday, July 10, 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Neohire South (http://www.neohiresouth.com) Scaling startups since 2007. The #1 most connected recruiting firm in LA. ------------------------------ *Headlines * - MTech Capital Raises $75M Insurance Technology Fund <#m_8808959806288485402_0075344> - Skyworks Powers Nest Video Doorbells <#m_8808959806288485402_0075343> - LiveXLive's Slacker Launches Social Media Influencer Station <#m_8808959806288485402_0075345> - Industrial Toys Acquired By Electronic Arts <#m_8808959806288485402_0075340> - Aerovironment Aims At $248M Army Award <#m_8808959806288485402_0075339> - Lime Ups Ante In Scooter Race Against Bird, Raises $350M From Uber, Others <#m_8808959806288485402_0075337> *Marketplace* - LAVA Awards Celebration - July 11 - Santa Monica <#m_8808959806288485402_ad734> - Become a Socaltech Supporter! <#m_8808959806288485402_ad724> - Neohire South <#m_8808959806288485402_ad720> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_8808959806288485402_ad717> - Square 1 Bank <#m_8808959806288485402_ad695> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_8808959806288485402_ad596> *Tuesday, July 10, 2018* *MTech Capital Raises $75M Insurance Technology Fund* <https://www.socaltech.com/fullstory/0075344.html> Los Angeles- and London-based MTech Capital, a brand new venture capital fund focused on the insurance technology, or "InsureTech" market, says it has raised a new, $75M venture capital fund. According to MTech Capital, the new fund has three anchor investors, including CNA Financial Corporation, NN Group, and a top-3 global insurance company. (More... <https://www.socaltech.com/fullstory/0075344.html>) *Skyworks Powers Nest Video Doorbells* <https://www.socaltech.com/fullstory/0075343.html> Irvine-based *Skyworks Solutions <http://www.skyworks.com>*, which develops analog semiconductors, reports that Google's Next division is using the company's chips in several wireless connectivity products. According to Skyworks, the Nest Hello, which was recently launched by Google, incorporates its portfolio of wireless chips.Shipment volumes and financial impact of the design win were not announced by Skyworks.(More... <https://www.socaltech.com/fullstory/0075343.html>) *LiveXLive's Slacker Launches Social Media Influencer Station* <https://www.socaltech.com/fullstory/0075345.html> West Hollywood-based LiveXLive Media, the parent company of Slacker Radio, said today that Heard Well, a record label which is "powered by social tastemakers", will launch a new station on its platform. The new station will be hosted by "social influencers" and focus on spotlighting emerging artists from the online creator comunity. Heard Well was founded by Jeremy Wineberg, Andrew Graham, and Connor Franta. Financial arrangements between LiveXLive's Slacker and Heard Well were not announced. (More... <https://www.socaltech.com/fullstory/0075345.html>) *Industrial Toys Acquired By Electronic Arts* <https://www.socaltech.com/fullstory/0075340.html> Pasadena-based Industrial Toys, the video game company founded by Alex Seropian, has been acquired by Electronic Arts, EA announced on Monday afternoon. Financial details of the acquisition were not announced. Seropian was founder and former CEO of Bungie Studios, and also had served at Diensy Interactive. According to EA, the acquisition will help the company with a focus on "new experiences" on different devices. (More... <https://www.socaltech.com/fullstory/0075340.html>) *Aerovironment Aims At $248M Army Award* <https://www.socaltech.com/fullstory/0075339.html> Monrovia, California-based unmanned aerial vehicle (UAV) maker Aerovironment reported on Monday that it has been selected to compete on a "task order" for the U.S. Army, for unmanned aerial aircraft. According to Aerovironment, it has been selected to compete to provide unmanned aircraft systems and spare parts, valued at $248M over five years. (More... <https://www.socaltech.com/fullstory/0075339.html>) *Lime Ups Ante In Scooter Race Against Bird, Raises $350M From Uber, Others* <https://www.socaltech.com/fullstory/0075337.html> In a move which is bound to further heat up the race between Santa Monica's Bird scooter rental service and San Francisco competitor Lime, Lime said today that it has raised $350M--and also inked a co-branding deal which will offer up Lime's scooters and bicycles from within the Uber app. ( More... <https://www.socaltech.com/fullstory/0075337.html>) *LAVA Awards Celebration - July 11 - Santa Monica <https://www.lava.org/events/lava-venture-awards-celelbration>* "Flying With Unicorns" LAVA Awards Celebration 2018. A Fireside Chat with Los Angeles's recent Unicorn Exits from Startup to $1BB+ Snap Inc. Dollar Shave Club Ring 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. Register today! https://www.lava.org/events/lava-venture-awards-celelbration *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. *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 [email protected] 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 [email protected]. *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_8808959806288485402_funding>* 7/05/18 ENTITY <https://www.socaltech.com/intelligence/?action=showdeal&id=93014> Los Angeles $0.00 M 7/03/18 Harper Wilde <https://www.socaltech.com/intelligence/?action=showdeal&id=93005> Los Angeles $2.00 M 7/03/18 Tour Engine <https://www.socaltech.com/intelligence/?action=showdeal&id=92999> San Diego $2.25 M 7/02/18 Califia Farms <https://www.socaltech.com/intelligence/?action=showdeal&id=92977> Los Angeles $50.00 M 6/27/18 Honk <https://www.socaltech.com/intelligence/?action=showdeal&id=92883> Los Angeles $18.00 M 6/27/18 InvolveSoft <https://www.socaltech.com/intelligence/?action=showdeal&id=92879> Santa Monica $2.50 M 6/27/18 UST Global <https://www.socaltech.com/intelligence/?action=showdeal&id=92881> Aliso Viejo $250.00 M 6/20/18 Scratch Financial, LLC <https://www.socaltech.com/intelligence/?action=showdeal&id=92870> Los Angeles $6.40 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 10, Los Angeles -- *General Assembly+ The Riveter: Women in Tech & Entrepreneurship* General Assembly+ The Riveter: Women in Tech & Entrepreneurship. We invite you to join us for this interactive evening celebrating women in technology and entrepreneurship. Our panelists will share their genuine stories of success and pitfalls along their journey, how they've reached their level of success, advice on navigating the workplace, and how we can support the next generation. After the panel we will go into Q&A to take a deeper dive into the issues women face in the tech and professional industry and find solutions to how we can rise above the obstacles and thrive in this growing field. See http://www.socaltech.com/calendar/eventid/26142 July 10, San Diego -- *38th Annual Esri User Conference* 38th Annual Esri User Conference. The Esri UC is the destination of choice for international technology experts, scientists, educators, business executives, and GIS users from every discipline—including commercial businesses, governments, and nonprofits—seeking to transform their organizations through the most powerful GIS and mapping platform on the planet.. See http://www.socaltech.com/calendar/eventid/26127 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 11, San Diego -- *38th Annual Esri User Conference* 38th Annual Esri User Conference. The Esri UC is the destination of choice for international technology experts, scientists, educators, business executives, and GIS users from every discipline—including commercial businesses, governments, and nonprofits—seeking to transform their organizations through the most powerful GIS and mapping platform on the planet.. See http://www.socaltech.com/calendar/eventid/26128 July 12, San Diego -- *38th Annual Esri User Conference* 38th Annual Esri User Conference. The Esri UC is the destination of choice for international technology experts, scientists, educators, business executives, and GIS users from every discipline—including commercial businesses, governments, and nonprofits—seeking to transform their organizations through the most powerful GIS and mapping platform on the planet.. See http://www.socaltech.com/calendar/eventid/26129 July 13, San Diego -- *38th Annual Esri User Conference* 38th Annual Esri User Conference. The Esri UC is the destination of choice for international technology experts, scientists, educators, business executives, and GIS users from every discipline—including commercial businesses, governments, and nonprofits—seeking to transform their organizations through the most powerful GIS and mapping platform on the planet.. See http://www.socaltech.com/calendar/eventid/26130 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 July 26, Irvine -- *MasterMinds OC Startup Accelerator Workshop #16* MasterMinds OC Startup Accelerator Workshop #16. 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/26105 ------------------------------ *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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