*socaltech.com <http://socaltech.com> TechNews - Monday, August 13, 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------ *Headlines * - GumGum Sports Wins Maui Jim Maui Invitational <#m_4565422170011223187_0075684> - Chrome River Wins ExxonMobil <#m_4565422170011223187_0075683> - SetPoint Medical Names New President, CEO <#m_4565422170011223187_0075682> - Veritone One Acquires Performance Bridge Media <#m_4565422170011223187_0075681> - BigBear Expands In Virginia <#m_4565422170011223187_0075685> - Appetize Finds $23M More In Funding <#m_4565422170011223187_0075678> *Marketplace* - Precellerator Program Class 9 Demo Day - 8/28/2018 <#m_4565422170011223187_ad735> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_4565422170011223187_ad729> - Square 1 Bank <#m_4565422170011223187_ad695> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_4565422170011223187_ad611> *Monday, August 13, 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. *GumGum Sports Wins Maui Jim Maui Invitational* <http://www.socaltech.com/fullstory/0075684.html> Santa Monica-based GumGum Sports, which helps advertising agencies measure the media value of sponsorships of sporting events using computer vision technology, has agreed to provide media valuation for the Maui Jim Maui Invitational, being held later this year. (More... <http://www.socaltech.com/fullstory/0075684.html>) *Chrome River Wins ExxonMobil* <http://www.socaltech.com/fullstory/0075683.html> Los Angeles-based *Chrome River <http://www.chromeriver.com>*, which develops cloud-base expense and invoice automation software, has signed up *ExxonMobil* as a customer, the company said today. According to Chrome River, ExxonMobil's 70,000 employees will use the company's software, as ExxonMobil's employee expense management solution. Financial impact of the deal were not announced. Alan Rich is CEO and co-founder of Chrome River.( More... <http://www.socaltech.com/fullstory/0075683.html>) *SetPoint Medical Names New President, CEO* <http://www.socaltech.com/fullstory/0075682.html> Valencia-based medical device developer SetPoint Medical said this morning that it has named Murthy Simhambhatla as President and Chief Executive Officer. Simhambhatla was previously President and CEO of Evolus, and also served as Senior Vice President at Abbott Laboratories and President of Abbott Medical Optics; he also had been at Guidant. SetPoint Medical said its prior President and CEO, Anthony Arnold, has "decided to pursue other opportunities. (More... <http://www.socaltech.com/fullstory/0075682.html>) *Veritone One Acquires Performance Bridge Media* <http://www.socaltech.com/fullstory/0075681.html> Costa Mesa-based Veritone One, a subsidiary of Veritone, said today that it has agreed to acquire Performance Bridge Media, a podcast advertising company. Veritone said it would pay $6.0M for Performance Bridge Media, plus up to another $5.0M in earnout. Performance Bridge Media had $3.7M in revenues of 2017, according to Veritone, and provided ad tracking and podcast targeting for brands. Veritone One is led by President Ryan Steelberg. (More... <http://www.socaltech.com/fullstory/0075681.html>) *BigBear Expands In Virginia* <http://www.socaltech.com/fullstory/0075685.html> San Diego-based BigBear, a provider of cloud-based, big data analytics software has opened up a new office in Reston, Virginia, the copany said this morning. The company said the expansion comes as result of more than 220 percent revenue growth last year. The company said it added 8,000 square feet as a result of that new office in Reston, plus expansion in Charlottesville and San Diego. The company's customers include the Department of Defense. (More... <http://www.socaltech.com/fullstory/0075685.html>) *Appetize Finds $23M More In Funding* <http://www.socaltech.com/fullstory/0075678.html> Los Angeles-based Appetize, which develops modern, point-of-sale systems that use tablets and handheld devices to replace antiquated POS systems, has raised $23M in a Series B funding, the company said this week. The funding came from 32 equity, the NFL's investment arm. Appetize says it has now raised more than $50M in funding. Appetize has a significant footprint in the sports world, with deployment at 10 NFL stadiums, including use by the Philly Eagles at Lincoln Financial Field. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=35426>)(More... <http://www.socaltech.com/fullstory/0075678.html>) *Precellerator Program Class 9 Demo Day - 8/28/2018 <https://www.eventbrite.com/e/preccelerator-class-9-demo-day-diversity-inclusion-in-investments-panel-tickets-48420244254>* Precellerator Program Class 9 Demo Day plus Diversity and Inclusion In Investments Panel. Clear your calendar - It's going down! The Preccelerator® Program Class 9 Demo Day kicks off on August 28 @ 6:00 pm, and you're invited to take part in the festivities. What a wild ride it has been! Preccelerator cohort companies are early stage, and we work hand in hand with them throughout their 6-month term to know their market and users, foster their leadership skills, build and test their product, avoid legal pitfalls, ensure the defensibility of their products, acquire users and partnerships and prepare them for the fundraising process. Now it's time to showcase their efforts! Diversity & Inclusion in Investments Panel Our panel of seasoned investors and funded startup founders discuss the challenges that entrepreneurs from diverse backgrounds face as they look to raise money and build their businesses, and will explore how startups can leverage their diverse perspective as a competitive advantage. We will also discuss how the climate has changed in the investment community as many VC funds are implementing inclusion tactics in their culture. Register today! https://www.eventbrite.com/e/preccelerator-class-9-demo- day-diversity-inclusion-in-investments-panel-tickets-48420244254 *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 *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_4565422170011223187_funding>* 8/10/18 Appetize <http://www.socaltech.com/intelligence/?action=showdeal&id=93222> Los Angeles $23.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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* Global LAVA: "Exit Options in Today's Environment" Whether you are just starting a business or exploring exit options, this Global LAVA event is designed to educate entrepreneurs, investors, and service providers about the current market dynamics and opportunities to position a company for a successful exit. Come learn about the corporate M&A process, discover what financial sponsors are looking for, and understand whether an IPO is still an option. We will have a distinguished panel of speakers with diverse industry experience, including private equity, corporate development, and venture capital.. See http://www.socaltech.com/calendar/eventid/26158 August 28, Santa Monica -- *Preccelerator Class 9 Demo Day & "Diversity & Inclusion in Investments" Panel* *NEW* . See http://www.socaltech.com/calendar/eventid/26160 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. 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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