*socaltech.com <http://socaltech.com> TechNews - Tuesday, August 7, 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. Silicon Valley Bank (http://www.svb.com). Make next happen now. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses ------------------------------ *Headlines * - WndrCo Raises $1 Billion For New Startup <#m_3954371235267868969_0075630> - Inseego Raises $19.7M In PIPE <#m_3954371235267868969_0075628> - SpaceX Delivers Indonesian Satellite Into Orbit <#m_3954371235267868969_0075627> - HyreCar Links With Auto Dealers Asssociation <#m_3954371235267868969_0075632> - Virtium Expands Board <#m_3954371235267868969_0075631> - Semtech Launches New Product for IoT Market <#m_3954371235267868969_0075629> - MomentFeed Links Into Facebook Recommendations <#m_3954371235267868969_0075623> *Marketplace* - Become a Socaltech Supporter! <#m_3954371235267868969_ad724> - Stubbs Alderton & Markiles Preccelerator <#m_3954371235267868969_ad694> - Square 1 Bank <#m_3954371235267868969_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_3954371235267868969_ad611> *Tuesday, August 7, 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. *WndrCo Raises $1 Billion For New Startup* <http://www.socaltech.com/fullstory/0075630.html> Los Angeles-based WndrCo, the investment firm founded by Jeffrey Katzenberg, said this morning that it has closed on $1 billion in a funding round for a new startup called NewTV. The new startup, being led by Meg Whitman and Jeffrey Katzenberg, said it is creating an entertainment platform that "brings together the best of Silicon Valley and Hollywood". ( More... <http://www.socaltech.com/fullstory/0075630.html>) *Inseego Raises $19.7M In PIPE* <http://www.socaltech.com/fullstory/0075628.html> San Diego-based mobility products developer Inseego announced on Monday that it has raised $19.7M in a private placement. The funding came from Tavistock Group, and also included North Sound Partners, one of the company's existing shareholders. As part of the funding, the company said that current CEO Dan Mondor becomes Chairman of its board of directors, replacing Phil Falcone. (More... <http://www.socaltech.com/fullstory/0075628.html>) *SpaceX Delivers Indonesian Satellite Into Orbit* <http://www.socaltech.com/fullstory/0075627.html> Hawthorne-based SpaceX successfully delivered the Merah Putih, an Indonesian communications satellite, into orbit at 1:18 a.m. EDT on Tuesday. According to SpaceX, it delivered the Merah Putih satellite into Geostationary Transfer Orbit (GTO) from Space Launch Complex 40 at Cape Canaveral Air Force Station, using the same Falcon 9 first stage that it used for the prior Bangbandhu Satellite-1 mission in May. SpaceX successfully landed that first stage in the Atlantic after the launch. ( More... <http://www.socaltech.com/fullstory/0075627.html>) *HyreCar Links With Auto Dealers Asssociation* <http://www.socaltech.com/fullstory/0075632.html> Los Angeles-based car sharing marketplace HyreCar announced this morning that it has entered into a strategic partnership with the National Independent Automobile Dealers Association (NIADA). According to the two, the partnership comes via an allince with DriveItAway. Other details of the deal were not announced, but HyreCar said the strategic partnership will help NIADA's automotive dealers and remarketers. (More... <http://www.socaltech.com/fullstory/0075632.html>) *Virtium Expands Board* <http://www.socaltech.com/fullstory/0075631.html> Rancho Santa Margarita-based *Virtium <http://www.virtium.com>*, which develops solid state drives and other memory products, said today that it has named Steve Litchfield to its Board of Directors. Litchfield is currently CFO and Chief Corporate Strategy Officer at MaxLinear. Litchfield also previously served as an executive at Microsemi Corp., and had been on Microsemi's board, in addition to positions at Banc of America Securities and Toyota Motor Corp.(More... <http://www.socaltech.com/fullstory/0075631.html>) *Semtech Launches New Product for IoT Market* <http://www.socaltech.com/fullstory/0075629.html> Camarillo-based Semtech has announced a new product aimed at the automated building systems market, the company said on Monday. Semtech said it has lauched a new solid state relay, the New-Iso Solid State Relay (SSR), which it says is targeted at use in the Internet of Things, including in use in fire alarms, siren drivers, smoke detectors, laser barriers, sensors for automatic doors, and safety and intercom systems. The new product is an alternative to mechnical relays. (More... <http://www.socaltech.com/fullstory/0075629.html>) *MomentFeed Links Into Facebook Recommendations* <http://www.socaltech.com/fullstory/0075623.html> Santa Monica-based MomentFeed, which provides software to help manage the mobile experience of customers when they visit the locations of retailers and brands, said it has connected its tools into the new Facebook New Recommendations product. According to MomentFeed, it has gained early access to the API documentation from Facebook, and has been adjusting its platform to support Facebook's new product. (More... <http://www.socaltech.com/fullstory/0075623.html>) *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. *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 ------------------------------ *Recent Funding <#m_3954371235267868969_funding>* 8/03/18 WeeCare <http://www.socaltech.com/intelligence/?action=showdeal&id=93142> Venice $4.20 M 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 ------------------------------ *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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
