*socaltech.com <http://socaltech.com> TechNews - Thursday, July 12, 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. 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 * - Broadcom Acquires CA Technologies For $18.9 Billion <#m_263431528439574223_0075371> - Viasat Powers In-flight Wi-Fi For EL AL <#m_263431528439574223_0075373> - Clearlake Capital Sells Pomeroy To Getronics <#m_263431528439574223_0075372> - Jam City Extends Harry Potter Game To Hong Kong, Taiwan <#m_263431528439574223_0075370> - Blizzard In Deal with ESPN, Disney XD On Overwatch League TV Coverage <#m_263431528439574223_0075369> - JMI Equity Invests $35M In Cosential's Construction Proposal Software <#m_263431528439574223_0075368> - Okapi's Pegasus Solar Finds More Funding <#m_263431528439574223_0075364> - CapLinked Collects $2.5M As It Shifts Focus To Tokens <#m_263431528439574223_0075363> - Marlin Equity's AdvancedMD Acquires NueMD <#m_263431528439574223_0075361> *Marketplace* - Square 1 Bank <#m_263431528439574223_ad695> - Stradling <#m_263431528439574223_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_263431528439574223_ad596> *Thursday, July 12, 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 *Broadcom Acquires CA Technologies For $18.9 Billion* <https://www.socaltech.com/fullstory/0075371.html> Semiconductor giant Broadcom, which has significant operations in Orange County, said late Wednesday that it will acquire software developer CA Technologies in a deal worth $18.9 billion in cash. According to Broadcom, it will pay $44.50 per share in cash for CA, in a move which it says will help it create a "infrastructure technology company" and add "significant recurring revenue" to the company. CA owns a wide range of enterprise software products. (More... <https://www.socaltech.com/fullstory/0075371.html>) *Viasat Powers In-flight Wi-Fi For EL AL* <https://www.socaltech.com/fullstory/0075373.html> Carlsbad-based Viasat is powering the new in-flight Wi-Fi service from EL AL Israel Airlines, the two companies said today, as El Al officially launches its new commercial in-flight Wi-Fi service. According to Viasat, EL AL was its original European launch customer. (More... <https://www.socaltech.com/fullstory/0075373.html>) *Clearlake Capital Sells Pomeroy To Getronics* <https://www.socaltech.com/fullstory/0075372.html> Santa Monica-based private equity investor Clearlake Capital said this morning that it has sold one of its portfolio companies, Pomeroy Group Holdings, to an affiliate of Getronics Group. Financial details of the acquisition were not announced. Clearlake has owned Pomeroy Group Holdings for the last five years. Pomeroy provided information technology services, including managed services, to the middle market and enterprise customers. Pomeroy was based in Hebron, Kentucky. (More... <https://www.socaltech.com/fullstory/0075372.html>) *Jam City Extends Harry Potter Game To Hong Kong, Taiwan* <https://www.socaltech.com/fullstory/0075370.html> Los Angeles-based mobile game developer Jam City is extending the availability of its popular game, Harry Potter: Hogwarts Mystery, to both Hong Kong and Taiwan. According to Jam City, the game is now available in fully localized Traditional Chinese via both Google Play and the App Store. The mobile game--which has users acting as a student at Hogwarts School of Magic, the main setting for the popular Harry Potter stories from J.K. Rowling--launched in April. (More... <https://www.socaltech.com/fullstory/0075370.html>) *Blizzard In Deal with ESPN, Disney XD On Overwatch League TV Coverage* <https://www.socaltech.com/fullstory/0075369.html> Irvine-based Blizzard Entertainment has inked a television deal where ESPN and Disney XD will provide live television coverage of the Overwatch League, the three companies announced on Wednesday. Financial details of the multiyear, exclusive telecast agreement were not announced by the company. (More... <https://www.socaltech.com/fullstory/0075369.html>) *JMI Equity Invests $35M In Cosential's Construction Proposal Software* <https://www.socaltech.com/fullstory/0075368.html> La Jolla-based private equity investor JMI Equity has made a $35M strategic growth investment in Cosential, a developer of customer relationship management (CRM) and proposal automation software for the architecture and engineering market. Cosential announced on Wednesday that it has raised $35M in the strategic growth investment, which came from private equity investor JMI Equity. (More... <https://www.socaltech.com/fullstory/0075368.html>) *Okapi's Pegasus Solar Finds More Funding* <https://www.socaltech.com/fullstory/0075364.html> Pegasus Solar, the startup developing rooftop mounting systems for solar installations which is backed by Orange County's Okapi Ventures, has raised new funding, bringing its total raised to $10M in its Series A. The company announced the additional funding on Tuesday. Pegasus Solar said the round was led by Ecosystem Integrity Fund (EIF), with participation from Okapi Capital, Howard Wenger, Mike Miskovsky, and other solar industry executives. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=93056> )(More... <https://www.socaltech.com/fullstory/0075364.html>) *CapLinked Collects $2.5M As It Shifts Focus To Tokens* <https://www.socaltech.com/fullstory/0075363.html> Los Angeles-based CapLinked, which develops a range of software used for corporate finance deals and information sharing, has raised a $2.5M in seed funding. The funding came from Alphabit Fund, Translunar One, Kenetic Capital, NextProtocol Ventures, and BKCM. The new funding comes as CapLinked has started focusing on developing a software platform for managing "token" securities, called TransitNet. CapLinked's founders are CEO Eric M. Jackson and COO Chris Grey. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=93055> )(More... <https://www.socaltech.com/fullstory/0075363.html>) *Marlin Equity's AdvancedMD Acquires NueMD* <https://www.socaltech.com/fullstory/0075361.html> AdvancedMD, a portfolio company of Los Angeles-based private equity investor Marlin Equity, said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. Neusoft Technologies (NueMD) develops practice management, clinical and medical billing application software, which it offers up to independent medical practices. Financial details of the buy were not announced. (More... <https://www.socaltech.com/fullstory/0075361.html>) *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]. *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_263431528439574223_funding>* 7/11/18 CapLinked <https://www.socaltech.com/intelligence/?action=showdeal&id=93055> Redondo Beach $2.50 M 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 UST Global <https://www.socaltech.com/intelligence/?action=showdeal&id=92881> Aliso Viejo $250.00 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 6/20/18 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 CrowdStrike Holdings, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92772> Irvine $200.00 M 6/19/18 Crate.io <https://www.socaltech.com/intelligence/?action=showdeal&id=92774> San Francisco $11.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 August 11, Culver City -- *Pitch Genius Workshop * Pitch Genius Workshop. The purpose of this workshop is to educate idea-to-early stage startups about investors, fundraising, and how to make a successful pitch. We're going deep into the investors' mind to understand how they analyze startups for investment. Through a slide-by-slide explanation of the investor deck, you will learn what turns investors on, what turns them off, and what investors absolutely abhor when founders are pitching them. See http://www.socaltech.com/calendar/eventid/26116 ------------------------------ *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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