*socaltech.com <http://socaltech.com> TechNews - Tuesday, August 14, 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 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 * - Bird Faces Backlash In LA <#m_3113535026390805853_0075700> - HyreCar Expands In Six Cities <#m_3113535026390805853_0075699> - JMI Equity Promotes Two In San Diego <#m_3113535026390805853_0075698> - BlackLine Boosts Board <#m_3113535026390805853_0075697> - Wazee Digital Acquired By Veritone <#m_3113535026390805853_0075694> - Prevoty Now Part Of Imperva After $140M Acquisition <#m_3113535026390805853_0075690> - GumGum Sports Wins Maui Jim Maui Invitational <#m_3113535026390805853_0075684> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_3113535026390805853_ad729> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_3113535026390805853_ad717> - Support Our News Coverage - Become A Member Today! <#m_3113535026390805853_ad680> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_3113535026390805853_ad611> *Tuesday, August 14, 2018* *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 *Bird Faces Backlash In LA* <http://www.socaltech.com/fullstory/0075700.html> Santa Monica-based Bird may be the favorite, local venture-backed unicorn for investors--but, judging by the backlash of local residents--Bird is ruffling a lot of feathers among people who are tired of the company's scooters cluttering up local streets. A story, posted in the Los Angeles Times over the weekend, details the extent to which local residents are expressing their unhappiness with the haphazard deployment of Bird's scooters onto their streets. (More... <http://www.socaltech.com/fullstory/0075700.html>) *HyreCar Expands In Six Cities* <http://www.socaltech.com/fullstory/0075699.html> Los Angeles-based car sharing marketplace operator HyreCar--which is working with independent auto dealerships to offer up vehicles to ridesharing drivers--says is has expanded in six cities across the U.S. According to HyreCar, it has added six franchise and independent dealer groups to its program, covering Philadelphia, Cleveland, Dallas, New Orleans, Atlanta, and Asheville, NC. (More... <http://www.socaltech.com/fullstory/0075699.html>) *JMI Equity Promotes Two In San Diego* <http://www.socaltech.com/fullstory/0075698.html> San Diego- and Baltimore-based private equity investor JMI Equity announced a number of promotions this morning, including promoting two individuals in San Diego. According to JMI Equity, it has promoted Sureel Sheth to Principal and Chase Thomet to Vice President in San Diego, in addition to naming a number of new partners and principals out of its Baltimore office. (More... <http://www.socaltech.com/fullstory/0075698.html>) *BlackLine Boosts Board* <http://www.socaltech.com/fullstory/0075697.html> Los Angeles-based financial automation software developer *BlackLine <http://www.blackline.com>* has added former Deloitte Advisory CEO Owen Ryan to its board of directors, according to the company. According to BlackLine, Ryan has over 30 years of experience in the industry, and currently is Chief Strategy Officer at Geller & Company. Ryan also was President and CEO of AEGIS Insurance, and prior to that served its the CEO and Managing Director role at Deloitte Advisory.(More... <http://www.socaltech.com/fullstory/0075697.html>) *Wazee Digital Acquired By Veritone* <http://www.socaltech.com/fullstory/0075694.html> Costa Mesa-based Veritone said Monday that it has acquired Denver-based Wazee Digital, a provider of cloud-based video management and licensing services. Veritone is a developer of artificial intelligence software used to analyze audio, video and other data sources. Veritone said it paid $15.0M for Wazee Digital, split between $7.5M in cash and $7.5M in Veritone common stock. Wazee Digital had net revenues of over $19M in 2017, according to the companies. (More... <http://www.socaltech.com/fullstory/0075694.html>) *Prevoty Now Part Of Imperva After $140M Acquisition* <http://www.socaltech.com/fullstory/0075690.html> Los Angeles-based security software developer *Prevoty <http://www.prevoty.com>* is now officially part of Redwood Shores, California-based *Imperva <http://www.imperva.com>*, Imperva said Monday afternoon. Prevoty was a developer of DevOps security software and was backed by Trident Capital. The acquisition had originally been announced in July. Imperva paid $140M in cash for Prevoty.(More... <http://www.socaltech.com/fullstory/0075690.html>) *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>) *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. *Support Our News Coverage - Become A Member Today! <http://www.socaltech.com/Membership>* We often get asked--how do we pay for our news coverage and our publishing efforts? That's simple -- it's a combination of our sponsors and YOU. How can YOU make sure you continue to get news on Southern California's technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU! Join today at http://www.socaltech.com/Membership *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_3113535026390805853_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
_______________________________________________ Socaltech mailing list [email protected] http://listserv.socaltech.com/mailman/listinfo/socaltech
