*socaltech.com <http://socaltech.com> TechNews - Tuesday, July 31, 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). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------ *Headlines * - Blue Microphones Acquired By Logitech For $117M <#m_-3995030030823441209_0075548> - DDN Seeks To Buy Tintri Out Of Bankruptcy <#m_-3995030030823441209_0075549> - Cornerstone OnDemand Signs Insurance Brokerage <#m_-3995030030823441209_0075545> - Semtech Rolls Out New Production Software <#m_-3995030030823441209_0075546> - BridgeWave Launches New Wireless Backhaul Product <#m_-3995030030823441209_0075547> - Two Bit Circus Gets New Funding, Sets First Location In Downtown LA <#m_-3995030030823441209_0075531> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-3995030030823441209_ad729> - Become a Socaltech Supporter! <#m_-3995030030823441209_ad724> - Square 1 Bank <#m_-3995030030823441209_ad695> - Stradling <#m_-3995030030823441209_ad608> *Tuesday, July 31, 2018* *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] *Blue Microphones Acquired By Logitech For $117M* <https://www.socaltech.com/fullstory/0075548.html> Westlake Village-based Blue Microphones, which develops high end USB and other microphones, used both by professionals as well as amateurs in music recording, podcasting, YouTube streaming, and more, has been acquired by Logitech. The deal is worth $117M in cash. Blue Microphones was led by CEO John Maier. Logitech said Blue Microphones' products are used by such artists as Bob Dylan and Imagine Dragons, and said the acquisition will help accelerate its entry into a growing market. (More... <https://www.socaltech.com/fullstory/0075548.html>) *DDN Seeks To Buy Tintri Out Of Bankruptcy* <https://www.socaltech.com/fullstory/0075549.html> DataDirect Networks, the developer of data storage products specifically aimed at the big data and high performance computing (HPC) market which has its main location in Chatsowrth, is looking to buy bankrupt data storage array maker Tintri. According to DataDirect Networks, it entered into an Asset Purchase Agreement with DDN, as of July 18th, where DDN has offered to acquire "substantially all" of the assets of Tintri. Financial details of the acquisition offer wer enot announced. (More... <https://www.socaltech.com/fullstory/0075549.html>) *Cornerstone OnDemand Signs Insurance Brokerage* <https://www.socaltech.com/fullstory/0075545.html> Santa Monica-based *Cornerstone OnDemand <http://www.csod.com>*, which develops human capital management and learning software, said this morning that it has signed on a large insurance brokerage firm as a customer. According to Cornerstone, it has signed on Assurance to use the company's software for recruiting, learning, and performance areas. Financial impact of the win was not announced.(More... <https://www.socaltech.com/fullstory/0075545.html>) *Semtech Rolls Out New Production Software* <https://www.socaltech.com/fullstory/0075546.html> Camarillo-based Semtech announced a new software product this morning, which will help users of its analog and mixed signal semiconductors with configuring a line of its video transmitters and receivers. According to Semtech, its new BlueRiver Production Assistant Software is a graphical interface tool that cna be used for mass production and configuration of Blueriver-based AV transmitters and receivers. (More... <https://www.socaltech.com/fullstory/0075546.html>) *BridgeWave Launches New Wireless Backhaul Product* <https://www.socaltech.com/fullstory/0075547.html> San Diego-based BridgeWave Communications, a developer of 5G wireless backhaul systems, said it has launched a new product aimed at powering all-outdoor microwave radio systems. The company said it has completed "several" customer trials of its Navigator license microwave radio system, which can be used to create very high speed point-to-point radio links. The company said the new product is built on its own custom ASIC, and that it is now accepting prodution orders for the product. (More... <https://www.socaltech.com/fullstory/0075547.html>) *Two Bit Circus Gets New Funding, Sets First Location In Downtown LA* <https://www.socaltech.com/fullstory/0075531.html> Los Angeles-based Two Bit Circus, the startup which combines entertainment with education and immersive technology, said it has received a strategic round of funding, which it will use it will open up its very first "micro-amusement park" this fall in downtown Los Angeles. The new strategic funding came from CJ CGV, a South Korean entertainment and theatrical company. Two Bit Circus said CJ CGV is the world's fifth largest cinema exhibition company. (More... <https://www.socaltech.com/fullstory/0075531.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 *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. *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. ------------------------------ *Recent Funding <#m_-3995030030823441209_funding>* 7/30/18 Cool Planet Energy <https://www.socaltech.com/intelligence/?action=showdeal&id=93134> Greenwood Village $20.30 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 [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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