*socaltech.com <http://socaltech.com> TechNews - Wednesday, August 8, 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. 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 ------------------------------ *Headlines * - Interview with Dave Fink and Jonathan Neddenriep, Postie <#m_-7889547621058697545_0075643> - Snap Raises $250M From Saudi Family <#m_-7889547621058697545_0075647> - AT&T Buys Otter Media <#m_-7889547621058697545_0075645> - MaxLinear Names Worldwide Sales VP <#m_-7889547621058697545_0075644> - IOGEAR Rolls Out New Gaming Keyboards <#m_-7889547621058697545_0075646> - Sagewise Secures $1.25M <#m_-7889547621058697545_0075638> - Samumed Raises $438M <#m_-7889547621058697545_0075637> - WndrCo Raises $1 Billion For New Startup <#m_-7889547621058697545_0075630> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-7889547621058697545_ad729> - Neohire South <#m_-7889547621058697545_ad720> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_-7889547621058697545_ad717> - Stradling <#m_-7889547621058697545_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-7889547621058697545_ad596> *Wednesday, August 8, 2018* *Interview with Dave Fink and Jonathan Neddenriep, Postie* <http://www.socaltech.com/fullstory/0075643.html> Is there a way you can make direct mail perform more like digital advertising channels? Los Angeles-based Postie (postie.com), backed by Bonfire Ventures and Crosscut Ventures, is applying machine learning and other techniques to direct mail. We spoke with Dave Fink, CEO and co-founder of Posite, and Jonathan Neddenriep, co-founder and CTO of the company, to learn more. Photo: Dave Fink on left, Jonathan Neddenriep on right. (More... <http://www.socaltech.com/fullstory/0075643.html>) *Snap Raises $250M From Saudi Family* <http://www.socaltech.com/fullstory/0075647.html> Venice-based Snap Inc., the parent company of Snapchat, has raised $250M in the publicly held company from the Saudi royal family. Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 percent stake in the company. The announcement of the deal came via a video of Al-Waleed Talal and Snap CEO Evan Spiegel. The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353. (More... <http://www.socaltech.com/fullstory/0075647.html>) *AT&T Buys Otter Media* <http://www.socaltech.com/fullstory/0075645.html> AT&T said Tuesday afternoon that it has acquired the remaining part of Otter Media--the parent company of Fullscreen--that it did not own from The Chernin Group. Financial terms of the acquisition were not announced. Otter Media owns such brands as Ellation, Fullscreen, Rooster Teeth, plus owns stakes in Gunpowder & Sky, plus Hello Sunshine, the media company founded by Reese Witherspoon. (More... <http://www.socaltech.com/fullstory/0075645.html>) *MaxLinear Names Worldwide Sales VP* <http://www.socaltech.com/fullstory/0075644.html> Carlsbad-based MaxLinear, which develops radio frequency, analog, and mixed-signal integrated circuits, said this morning that it has named Michael Bollesen as its new Vice President of Worldwide Sales. Bollsen was most recently at Cypress Semiconductor, most recently serving as President of Cypress China. (More... <http://www.socaltech.com/fullstory/0075644.html> ) *IOGEAR Rolls Out New Gaming Keyboards* <http://www.socaltech.com/fullstory/0075646.html> Irvine-based technology products and accessories maker IOGEAR rolled out a new line of mechanial gaming keyboards today, aimed at both the PC gaming and everyday use. According to IOGEAR, its new Kaliber Gaming HVER PRO RGB Mechanical Gaming Keyboards feature mechanical switches, a "rugged" aircraft aluminum chassis, key backlighting, and programmability. (More... <http://www.socaltech.com/fullstory/0075646.html>) *Sagewise Secures $1.25M* <http://www.socaltech.com/fullstory/0075638.html> Los Angeles-based Sagewise, a startup developing tools and infrastructure for managing disputes and contracts, has raised $1.25M in a seed funding round. The funding was led by Wavemaker Genesis, and also included affiliates of Ari Paul (Blocktower Capital), Miko Matsumura (Gumi Cryptos), Youbi Capital, Maja Vujinovic (Cipher Principles), Jordan Clifford (Scalar Capital), Terrence Yang (Yang Ventures) and James Sowers. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=93193>)(More... <http://www.socaltech.com/fullstory/0075638.html>) *Samumed Raises $438M* <http://www.socaltech.com/fullstory/0075637.html> San Diego-based Samumed, a biopharmaceuticals firm focused on treatments for Alzheimer's and other diseases, has raised a huge, $438M funding round, the company said on Monday. Source of the funding was not announced. Samumed says it has now raised $650M in total equity. The pre-money valuation for the funding round was $12 billion, accoridng to the company. Osman Kibar, Ph.D. is CEO of Samumed. (More... <http://www.socaltech.com/fullstory/0075637.html>) *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>) *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 *Neohire South <http://www.neohiresouth.com>* Your source for the most sought-after startup jobs. At Neohire South, we take our relationships seriously. We apply years of industry experience to assess and curate our talent pool - connecting only top-notch tech candidates with the most exciting startups in the industry. Whether you’re building your team or searching for a job you love, we want to understand your unique needs and goals to create an incredible fit for your future. http://www.neohiresouth.com *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. *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] ------------------------------ *Recent Funding <#m_-7889547621058697545_funding>* 8/07/18 Sagewise <http://www.socaltech.com/intelligence/?action=showdeal&id=93193> Los Angeles $1.25 M 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 Harper Wilde <http://www.socaltech.com/intelligence/?action=showdeal&id=93005> Los Angeles $2.00 M 7/03/18 Tour Engine <http://www.socaltech.com/intelligence/?action=showdeal&id=92999> San Diego $2.25 M 7/02/18 Califia Farms <http://www.socaltech.com/intelligence/?action=showdeal&id=92977> Los Angeles $50.00 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. 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