*socaltech.com <http://socaltech.com> TechNews - Tuesday, July 24, 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. 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 * - Matt Petersen On The California Climate Cup <#m_5277583152369779345_0075478> - Monoprice Expands Into Housewares, Home Goods <#m_5277583152369779345_0075481> - Cubic Buys Shield Aviation <#m_5277583152369779345_0075480> - Semtech Deploys LoRa In India <#m_5277583152369779345_0075479> - Gossamer Bio Gains $230M <#m_5277583152369779345_0075477> - Sonos Sets Estimated IPO Pricing Range <#m_5277583152369779345_0075475> - March Capital Leads $12M Funding In Xage Security <#m_5277583152369779345_0075472> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_5277583152369779345_ad729> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_5277583152369779345_ad717> - Square 1 Bank <#m_5277583152369779345_ad695> *Tuesday, July 24, 2018* *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. *Matt Petersen On The California Climate Cup* <https://www.socaltech.com/fullstory/0075478.html> Los Angeles Cleantech Incubator (LACI) and the California Clean Energy Fund (CalCEF) recently announced the California Climate Cup ( https://laincubator.org/climatecup/), a new startup competition tied into the upcoming Global Climate Action Summit in San Francisco in September. We sat down with Matt Petersen, President and CEO of the Los Angeles Cleantech Incubator (LACI), to learn more about the new initiative and how it hopes to help startups with innovative solutions to climate change. (More... <https://www.socaltech.com/fullstory/0075478.html>) *Monoprice Expands Into Housewares, Home Goods* <https://www.socaltech.com/fullstory/0075481.html> Rancho Cucamonga-based Monoprice--which has built a huge business selling its own brand of high quality consumer electronics accessories like charging cables, HDMI cables, monitors, 3D printers, and more, is expanding into the home goods and housewares market. According to Monoprice, it will start offering up products including furniture, kitchen and barware, rugs, and throw pillows. (More... <https://www.socaltech.com/fullstory/0075481.html>) *Cubic Buys Shield Aviation* <https://www.socaltech.com/fullstory/0075480.html> San Diego-based Cubic Corporation, a major provider of products and services in the defense, communications, and transportation markets, said today that it has acquired the assets of Shield Aviation, a developer of autonomous aircraft systems for the military. Financial terms of the acquisition were not announced. Cubic said it will use the acquisition to expand its Cubic Mission Solutions (CMS) unit. (More... <https://www.socaltech.com/fullstory/0075480.html>) *Semtech Deploys LoRa In India* <https://www.socaltech.com/fullstory/0075479.html> Camarillo-based Semtech, which develops analog and mixed signal semiconductors, says that its LoRa wireless radio frequency technology has been deployed in India. According to Semtech, Hanbit, a provider of end-to-end automation products in the gas, water, and electricity metering market, is using its LoRa devices in its smart meters. Shipping volumes and expected financial impact of the win were not announced. (More... <https://www.socaltech.com/fullstory/0075479.html>) *Gossamer Bio Gains $230M* <https://www.socaltech.com/fullstory/0075477.html> San Diego-based Gossamer Bio, a biotechnology company focused on therapeutics in the autoimmune, allergy/inflammation, and immuno-oncology disease areas, said on Monday that it has raised $230M in a Series B funding round. The massive funding round was led by Hillhouse Capital, and also included a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Invus, The Baupost Group and Polaris Partners, along with ARCH Venture Partners and Omega Funds. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=56413>)(More... <https://www.socaltech.com/fullstory/0075477.html>) *Sonos Sets Estimated IPO Pricing Range* <https://www.socaltech.com/fullstory/0075475.html> Santa Barbara-based Sonos, the developer of user-friendly, Internet-connected, whole-home audio systems, set its estimated IPO pricing range on Monday morning, the next step in bringing the company to market. According to its updated S-1 filing, Sonos is looking to sell 13,888,888 shares of its common stock at between $17.00 and $19.00 per share. Sonos has applied to list on the Nasdaq Global Select Market as SONO. At $19.00 per share, the IPO would raise $303,472,199. (More... <https://www.socaltech.com/fullstory/0075475.html>) *March Capital Leads $12M Funding In Xage Security* <https://www.socaltech.com/fullstory/0075472.html> Santa Monica-based venture inestor March Capital Partners is again the lead on an investment round this morning, in Silicon Valley-based Xage Security, a new startup focused on industrial internet-of-things (IoT) security. Xage, which is based in Palo Alto, said this morning that it raised $12M in a Series A funding round. The round was led by March Capital Partners, and also included GE Ventures, City Light Capital, and NexStar Partners. ( More... <https://www.socaltech.com/fullstory/0075472.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 i...@siliconmaps.com 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 rchurch...@square1bank.com. ------------------------------ *Recent Funding <#m_5277583152369779345_funding>* 7/23/18 Gossamer Bio, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=89673> San Diego $230.00 M 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 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 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 6/27/18 Honk <https://www.socaltech.com/intelligence/?action=showdeal&id=92883> Los Angeles $18.00 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 ------------------------------ *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* ACG 101 Summer Social at the Stonehaus. Join ACG 101 and ACG 101's Women in Corporate Growth the evening of August 1st at the beautiful Westlake Village Inn Stonehaus for our annual Summer Social. This always-popular gathering brings together ACG Members, Sponsors, friends - new and old - past program presenters and other special guests for an evening aimed at nothing but the enjoyment of one another's company! And heck, if a business deal or two results in those connections...all the better. Look forward to seeing you there!. See http://www.socaltech.com/calendar/eventid/26152 August 1, Westlake Village -- *ACG 101 Annual Summer Wine Social - August 1st* ACG 101's Women in Corporate Growth Social. Join ACG 101's Women in Corporate Growth committee for a private, champagne meet-and-greet with Lauren B founder and beauty industry expert, Lauren Berkovitz. Come to learn what Lauren is seeing in the world of high-end beauty products, and toast the new Women in Corporate Growth members. 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 b...@socaltech.com 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 customerserv...@socaltech.com ------------------------------ 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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