*socaltech.com <http://socaltech.com> TechNews - Friday, July 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses ------------------------------ *Headlines * - Embark Finds $30M To Scale Out Robotic Truck Efforts In Inland Empire <#m_-6264443260694149706_0075456> - esVolta Wins Large Energy Storage Project With PG&E <#m_-6264443260694149706_0075454> - Wemo Links Smart Plug With Apple HomeKit <#m_-6264443260694149706_0075453> - Payscout Buys Paywire <#m_-6264443260694149706_0075452> - Diversis Capital Sells Portfolio Firm <#m_-6264443260694149706_0075451> - Inseego Names Operations VP <#m_-6264443260694149706_0075455> - Reali Finds $20M For Expansion To Southern California <#m_-6264443260694149706_0075449> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-6264443260694149706_ad729> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_-6264443260694149706_ad717> - Stradling <#m_-6264443260694149706_ad608> *Friday, July 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 *Embark Finds $30M To Scale Out Robotic Truck Efforts In Inland Empire* <https://www.socaltech.com/fullstory/0075456.html> Embark, a Silicon Valley, autonomous vehicle startup which is developing self driving, long haul trucks, said today that it has raised $30M in a Series B funding, to specifically build out its operations in the Los Angeles area. Embark, which has a center of operations in Ontario, California--in the Inland Empire--said it raised the new funding round from Sequoia Capital, as well as Data Collective, YCombinator, SV Angel and AME Cloud. (More... <https://www.socaltech.com/fullstory/0075456.html>) *esVolta Wins Large Energy Storage Project With PG&E* <https://www.socaltech.com/fullstory/0075454.html> Aliso Viejo-based esVolta, which develops utility-scale energy storage projects, said it has beens elected for a large battery energy storage project in Northern California. According to esVolta, Pacific Gas and Electric Company (PG&E) has selected the company to build an energy storage system in Santa Clara County, California. The 75 MW / 300 MWh lithium-ion battery storage system is called the Hummingbird Energy Storage project, and is aimed to be put into service by December of 2020. (More... <https://www.socaltech.com/fullstory/0075454.html>) *Wemo Links Smart Plug With Apple HomeKit* <https://www.socaltech.com/fullstory/0075453.html> Los Angeles-based Wemo, the "smart home" products maker which is part of Belkin, said on Thursday that its popular Wemo Mini Smart Plug product is now compatible with Apple's smart home app. Wemo said that users can upgrade the Wemo Mini Smart Plug to enable Apple HomeKit support, which will enable Apple Home app support, so that Siri can control their devices and what is plugged into them. (More... <https://www.socaltech.com/fullstory/0075453.html>) *Payscout Buys Paywire* <https://www.socaltech.com/fullstory/0075452.html> Sherman Oak-based Payscout, a provider of payment processing services, said on Thursday that it has acquired cloud and mobile software developer Paywire. Financial details of the acquisition were not announced. Paywire develops software which integrates payment processing with third party systems, web sites, hardware, SAP systems, and processors. payscout is led by CEO and co-founder Cleveeland Brown. (More... <https://www.socaltech.com/fullstory/0075452.html>) *Diversis Capital Sells Portfolio Firm* <https://www.socaltech.com/fullstory/0075451.html> Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software, to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago. Esko is owned by Danaher, and develops software and hardware for package design. (More... <https://www.socaltech.com/fullstory/0075451.html>) *Inseego Names Operations VP* <https://www.socaltech.com/fullstory/0075455.html> San Diego-based mobility products developer Inseego says it has named Jacques Fradet as its new Senior Vice President of Operations, the company said this week. Fradet previously was at Kyocera Communications, serving as Divisional Vice President of Operations. Fradet had been at Kyocera for 12 years, and prior to that served at such companies as Qualcomm Personal Electronics, Palm Inc., Denso, Hughes and Linkabit. (More... <https://www.socaltech.com/fullstory/0075455.html>) *Reali Finds $20M For Expansion To Southern California* <https://www.socaltech.com/fullstory/0075449.html> Reali, a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital. (More... <https://www.socaltech.com/fullstory/0075449.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 *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. *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. ------------------------------ *Recent Funding <#m_-6264443260694149706_funding>* 7/18/18 AdQuick <https://www.socaltech.com/intelligence/?action=showdeal&id=93105> Los Angeles $2.10 M 7/17/18 Openpath <https://www.socaltech.com/intelligence/?action=showdeal&id=93069> Culver City $20.00 M 7/16/18 Octi AKA Supermediafuture <https://www.socaltech.com/intelligence/?action=showdeal&id=93065> Hollywood $7.50 M 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 Tour Engine <https://www.socaltech.com/intelligence/?action=showdeal&id=92999> San Diego $2.25 M 7/03/18 Harper Wilde <https://www.socaltech.com/intelligence/?action=showdeal&id=93005> Los Angeles $2.00 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 CrowdStrike Holdings, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=92772> Irvine $200.00 M 6/19/18 Cylance <https://www.socaltech.com/intelligence/?action=showdeal&id=92858> Irvine $120.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html July 25, Pasadena -- *Silicon Dragon LA 2018* Digital Entertainment Meets China Meets Tech. Silicon Dragon. The Silicon Dragon Los Angeles program, now in its 4th year, explores the city’s links to China as cross-border activities heighten. Alibaba, Tencent and Bytedance are investing in emerging tech and entertainment companies. As China looks west and Hollywood looks east, more Chinese and US companies are collaborating on content, production and digital entertainment. See http://www.socaltech.com/calendar/eventid/26150 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 July 31, Marina del Rey -- *CTO Mixers: Cruise w/ Anita Sengupta of Virgin Hyperloop* CTO Mixers: Cruise w/ Anita Sengupta of Virgin Hyperloop. CTO Mixers is a curated, invite-only event. Geared at C-Level, SVPs in the Enterprise and high quality entrepreneurs. See http://www.socaltech.com/calendar/eventid/26151 August 1, Westlake Village -- *ACG 101 Annual Summer Wine Social - August 1st* *NEW* . See http://www.socaltech.com/calendar/eventid/26152 August 1, Westlake Village -- *ACG 101 Annual Summer Wine Social - August 1st* *NEW* . See http://www.socaltech.com/calendar/eventid/26153 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 August 16, Los Angeles -- *9th Annual Women in Green Forum* 9th Annual Women in Green Forum. The Women in Green Forum has emerged as the premier conference series highlighting women’s impact on the environmental industry. Now in its 9th year, the Women In Green Forum is the largest conference of its kind and attracts an international audience of environmental professionals. Each year, we convene sustainability trailblazers who share insights about the newest and most cutting-edge environmental innovations. The Forum’s 2018 program is built around the theme “The Future // Reimagined.” Speakers will focus on the future of tech and its environmental potential through sessions on topics ranging from blockchain to satellite imaging to automated workforces to augmented reality. See http://www.socaltech.com/calendar/eventid/26083 ------------------------------ *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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