*socaltech.com <http://socaltech.com> TechNews - Friday, August 10, 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Shimokaji IP (http://www.shimokaji.com) Bettering Life Through Creative Ideas Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses ------------------------------ *Headlines * - j2 Global Eyes $1.2 Billion To $1.25 Billion In Revenues In 2018 <#m_317198651717328405_0075677> - Qualcomm Negotiates Antitrust Settlement In Taiwan <#m_317198651717328405_0075676> - RealtyMogul Raises $50M In Two REITs <#m_317198651717328405_0075675> - OnBoat Launches Boat Charter Marketplace In LA <#m_317198651717328405_0075674> - Tinder To Hit $800M In Revenues In 2018, Thanks To Tinder Gold <#m_317198651717328405_0075673> - Report: SEC Probes Tweets By Elon Musk <#m_317198651717328405_0075672> - Broadcom's Henry Nicholas Arrested On Drug Trafficking Charges <#m_317198651717328405_0075671> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_317198651717328405_ad729> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_317198651717328405_ad717> - Stubbs Alderton & Markiles Preccelerator <#m_317198651717328405_ad694> - Stradling <#m_317198651717328405_ad608> *Friday, August 10, 2018* *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 *j2 Global Eyes $1.2 Billion To $1.25 Billion In Revenues In 2018* <http://www.socaltech.com/fullstory/0075677.html> Los Angeles-based j2 Global said on Thursday that it continues to estimate revenues of between $1.20 billion and $1.25 billion for its fiscal 2018, as it continues to grow its stable of businesses. The company--which owns such brands as IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com, Everyday Health and What To Expect, plus eFax, eVoice, Campaigner, Vipre, KeepItSafe and Livedrive--reported a 5. (More... <http://www.socaltech.com/fullstory/0075677.html>) *Qualcomm Negotiates Antitrust Settlement In Taiwan* <http://www.socaltech.com/fullstory/0075676.html> San Diego-based Qualcomm has negotiated a settlement in Taiwan, which will reverse most of a giant $774M fine levied against the company in 2017, reducing that fine to just $93M. According to Qualcomm, it will now promise to invest $700M over the next five years and develop a Taiwanese center for operations and manufacturing engineering, among other investments in the country. Qualcomm paid $93M to Taiwan in July after an antitrust dispute with the country. (More... <http://www.socaltech.com/fullstory/0075676.html> ) *RealtyMogul Raises $50M In Two REITs* <http://www.socaltech.com/fullstory/0075675.html> Los Angeles-based online real estate marketplace RealtyMogul reported this week that it has now raised over $50M via its two REITs, which have invested in properties valued at over $297M. According to RealtyMogul, its two REITs include MogulREIT I, which has $40M invested in 15 investments, and includes over 4,000 investors; and MogulREIT II, which has $10M invested in six different investments, from over 1,000 investors. (More... <http://www.socaltech.com/fullstory/0075675.html>) *OnBoat Launches Boat Charter Marketplace In LA* <http://www.socaltech.com/fullstory/0075674.html> Los Angeles-based OnBoat said on Thursday that it has launched its online marketplace to connect people with a fleet of private boats and captains in Los Angeles. The service, led by Marc Andelman, already offers its services in San Francisco, San Diego, Miami, and other locations, including a number of international destinations. The site lists private charters ranging from a two hour tour from Marina Del Rey for $289.99 to three hour parties on a luxury yacht for $3,599.99. (More... <http://www.socaltech.com/fullstory/0075674.html>) *Tinder To Hit $800M In Revenues In 2018, Thanks To Tinder Gold* <http://www.socaltech.com/fullstory/0075673.html> Los Angeles-based dating app Tinder is set to hit $800M in revenues in 2018, according to owner Match Group this week. Match Group CFO Gary Swidler reported the growth in revenues at Tinder earlier this week, on Match's earnings call, saying that Tinder more than doubled its revenues from last year. Most of Tinder's earnings are from Tinder Gold, the premium version of the Tinder dating service. Tinder charges $14.99 a month for access to its premium features. (More... <http://www.socaltech.com/fullstory/0075673.html>) *Report: SEC Probes Tweets By Elon Musk* <http://www.socaltech.com/fullstory/0075672.html> The Securities and Exchange Commission is looking into a series of tweets made by technology mogul Elon Musk earlier this week, where he said he was looking into taking Tesla private. Musk--who is also head of Hawthorne-based SpaceX--said earlier this week that he had "Funding secure" to take Tesla private at $420 per share. (More... <http://www.socaltech.com/fullstory/0075672.html>) *Broadcom's Henry Nicholas Arrested On Drug Trafficking Charges* <http://www.socaltech.com/fullstory/0075671.html> Technology billionaire Henry T. Nicholas III, co-founder of Broadcom, has reportedly been arrested on drug trafficking charges in Las Vegas, according to law enforcement officials in Las Vegas. According to police, Nicholas was arrested on Tuesday on the Las Vegas Strip, on suspicion of smuggling heroin, cocaine, meth, and ectasy. According to reports, Nicholas was arrested with a woman in a Vegas hotel after a report by hotel security. (More... <http://www.socaltech.com/fullstory/0075671.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 [email protected] for more information and mention Socal Tech for special industry rates. *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/ *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_317198651717328405_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 Honk <http://www.socaltech.com/intelligence/?action=showdeal&id=92883> Los Angeles $18.00 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 11, Los Angeles -- *Big Data Day LA* *NEW* . See http://www.socaltech.com/calendar/eventid/26159 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 August 16, Los Angeles -- *Exit Options in Today's Environment* *NEW* . See http://www.socaltech.com/calendar/eventid/26158 September 8, 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. See http://www.socaltech.com/calendar/eventid/26140 ------------------------------ *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. 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