*socaltech.com <http://socaltech.com> TechNews - Friday, August 3, 2018* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://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). 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. ------------------------------ *Headlines * - Sonos Sees Successful IPO <#m_-883630710502246074_0075603> - Overwatch League Adds New Teams In Atlanta, Guangzhou <#m_-883630710502246074_0075601> - Uproxx Acquired By Warner Music Group <#m_-883630710502246074_0075599> - Report: Hyperloop Transportation Technologies In Discussion With Cupertino <#m_-883630710502246074_0075600> - Newegg Teams With Microsoft On Laptop Shopping Tool <#m_-883630710502246074_0075602> - Los Angeles Dodgers Launch Venture Focused On Youth Sports <#m_-883630710502246074_0075591> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-883630710502246074_ad729> - Stubbs Alderton & Markiles Preccelerator <#m_-883630710502246074_ad694> - Square 1 Bank <#m_-883630710502246074_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-883630710502246074_ad611> - Stradling <#m_-883630710502246074_ad608> *Friday, August 3, 2018* *Sonos Sees Successful IPO* <http://www.socaltech.com/fullstory/0075603.html> Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. Sonos, which priced at $15.00 per share on Wednesday night, closed at $19.91 on Thursday, 32.73 percent above the IPO price. Sonos makes user friend, whole home audio systems. Sonos is now trading as SONO. Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. (More... <http://www.socaltech.com/fullstory/0075603.html>) *Overwatch League Adds New Teams In Atlanta, Guangzhou* <http://www.socaltech.com/fullstory/0075601.html> The Overwatch League, the e-sports league owned by Irvine's Blizzard Entertainment, is adding two more teams--one in Atlanta, and another in Guangzhou, China--to its list of teams, the league said on Thursday. According to the Overwatch League, the Atlanta team is owned by media giant Cox Enterprises, and will be operated by Atlanta Esports Ventures, a partnership between Cox and Province, Inc. (More... <http://www.socaltech.com/fullstory/0075601.html>) *Uproxx Acquired By Warner Music Group* <http://www.socaltech.com/fullstory/0075599.html> Culver City-based Uproxx Media Group, which operates the Uproxx entertainment and pop culture news site, has been acquired by Warner Music Group, the two said on Thursday. Financial terms of the acquisition were not announced. Uproxx Media Group also provides branded content and video services to marketers. (More... <http://www.socaltech.com/fullstory/0075599.html>) *Report: Hyperloop Transportation Technologies In Discussion With Cupertino* <http://www.socaltech.com/fullstory/0075600.html> Los Angeles-based Hyperloop Transportation Technologies (HTT), one of several companies in the LA area working on advanced transportation systems first imagined by Elon Musk, is reportedly in discussions with the city of Cupertino to help ease traffic in that city. According to reports, HTT has discussed the possibility with Cupertino council member Barry Chang and Mayor Darcy Paul. Cupertino, which is in Silicon Valley, is where Apple is headquartered. (More... <http://www.socaltech.com/fullstory/0075600.html>) *Newegg Teams With Microsoft On Laptop Shopping Tool* <http://www.socaltech.com/fullstory/0075602.html> Los Angeles-based e-commerce electronics retailer Newegg announced Friday morning that it has linked up with Microsoft, to deploy a new tool for laptop recommendations. According to Newegg, it has rolled out a new Windows 10 Advisor on its website which will help cosumers find "the perfect" Windows 10 laptop or 2-in-1 device. Newegg and Microsoft did not discuss the details behind the collaboration. (More... <http://www.socaltech.com/fullstory/0075602.html>) *Los Angeles Dodgers Launch Venture Focused On Youth Sports* <http://www.socaltech.com/fullstory/0075591.html> The Los Angeles Dodgers, along with Elysian Park Ventures, the private investment firm created by the ownership group behind the Los Angeles Dodgers specifically for investments in entrepreneurs in the areas of sports, technology, and entertainment, have launched and funded a new venture called E|L1. (More... <http://www.socaltech.com/fullstory/0075591.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 *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *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]. *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 *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_-883630710502246074_funding>* 8/02/18 inVia Robotics <http://www.socaltech.com/intelligence/?action=showdeal&id=93141> Westlake Village $20.00 M 7/30/18 Cool Planet Energy <http://www.socaltech.com/intelligence/?action=showdeal&id=93134> Greenwood Village $20.30 M 7/23/18 Gossamer Bio, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=89673> San Diego $230.00 M 7/18/18 AdQuick <http://www.socaltech.com/intelligence/?action=showdeal&id=93105> Los Angeles $2.10 M 7/17/18 Openpath <http://www.socaltech.com/intelligence/?action=showdeal&id=93069> Culver City $20.00 M 7/16/18 Octi AKA Supermediafuture <http://www.socaltech.com/intelligence/?action=showdeal&id=93065> Hollywood $7.50 M 7/11/18 CapLinked <http://www.socaltech.com/intelligence/?action=showdeal&id=93055> Redondo Beach $2.50 M 7/05/18 ENTITY <http://www.socaltech.com/intelligence/?action=showdeal&id=93014> Los Angeles $0.00 M 7/03/18 Tour Engine <http://www.socaltech.com/intelligence/?action=showdeal&id=92999> San Diego $2.25 M 7/03/18 Harper Wilde <http://www.socaltech.com/intelligence/?action=showdeal&id=93005> Los Angeles $2.00 M 7/02/18 Califia Farms <http://www.socaltech.com/intelligence/?action=showdeal&id=92977> Los Angeles $50.00 M 6/27/18 Honk <http://www.socaltech.com/intelligence/?action=showdeal&id=92883> Los Angeles $18.00 M 6/27/18 InvolveSoft <http://www.socaltech.com/intelligence/?action=showdeal&id=92879> Santa Monica $2.50 M 6/27/18 UST Global <http://www.socaltech.com/intelligence/?action=showdeal&id=92881> Aliso Viejo $250.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 ------------------------------ ------------------------------ *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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