*socaltech.com <http://socaltech.com> TechNews - Friday, August 17, 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. 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 * - Walmart Labs Plans Major San Diego Area Expansion <#m_9035483669477257249_0075741> - NTS Shifts Operations To Anaheim <#m_9035483669477257249_0075742> - SpaceX Launch Targeted For Next Week <#m_9035483669477257249_0075743> - Millenium Space Systems Acquired By Boeing <#m_9035483669477257249_0075739> - Cylance Aims To Secure Political Campaigns <#m_9035483669477257249_0075734> - VERSES Finds $6M For Blockchain Powered VR/AR <#m_9035483669477257249_0075730> - Insights: Mobile Gaming Founders Blazing New Trails <#m_9035483669477257249_0075727> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_9035483669477257249_ad717> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_9035483669477257249_ad611> - Stradling <#m_9035483669477257249_ad608> *Friday, August 17, 2018* *Precellerator Program Moves Offices <https://www.newswire.com/news/sa-m-preccelerator-program-announces-milestone-tenth-class-of-companies-20587940>* The Preccelerator Program, a Santa Monica, California-based early-stage startup accelerator focused on digital media companies, is moving its Santa Monica offices as a result of its growth as it adds its milestone tenth class of companies featuring six innovative startups including AlgoPay, Checkplis, HaloLoop, Screen Door Labs, Star Metrics and UNOMI. The new Preccelerator office, located at 1316 3rd Street Promenade, both increases the co-working space for the in-house companies and increases event space. Learn more here: https://www.newswire.com/news/sa-m-preccelerator-program- announces-milestone-tenth-class-of-companies-20587940 *Walmart Labs Plans Major San Diego Area Expansion* <http://www.socaltech.com/fullstory/0075741.html> Walmart Labs, the technology arm of retail giant Walmart, is planning a major expansion in San Diego--hoping to tap into the area's deep depth of technology talent. According to Walmart, it is planning to triple its headcount in San Diego, as it expands into a new office which is triple the size of its existing operation in the city. According to Walmart Labs, it plans to triple its San Diego headcount to over 180, and expand into a new building which is around 30,000 square feet. (More... <http://www.socaltech.com/fullstory/0075741.html>) *NTS Shifts Operations To Anaheim* <http://www.socaltech.com/fullstory/0075742.html> National Technical Systems (NTS), a provider of qualification testing, inspection, and certification services to the electronics and other markets, has shifted its corporate operations to Anaheim, from three offices in Calabasas, Fullerton, and Brea. According to NTS, it has opened a new "Corporate Center" in Anaheim, which will house its finance, accounting, marketing, procurement, human resources, contract administration, and information technology operations. (More... <http://www.socaltech.com/fullstory/0075742.html>) *SpaceX Launch Targeted For Next Week* <http://www.socaltech.com/fullstory/0075743.html> Hawthorne-based SpaceX is targeting its next rocket launch for sometime next week, from its launch pad at Cape Canaveral Air Force Station in Florida. SpaceX has targeted the launch of the Telstar 18 VANTAGE communications satellite for a launch window starting at 11:33pm EDT on the 23rd, according to multiple sources. (More... <http://www.socaltech.com/fullstory/0075743.html>) *Millenium Space Systems Acquired By Boeing* <http://www.socaltech.com/fullstory/0075739.html> El Segundo-based Millenium Space Systems, a developer of small satellite systems, has been acquired by Boeing, Boeing said on Thursday. Financial details of the acquisition were not announced. Boeing said that Millennium Space Systems has approximately 260 employees. Millennium was founded in 2001, and was led by CEO Stan Dubyn. According to Boeing, Millennium Space Systems will become a subsidiary of the company, and will report to the company's Phantom Works division. (More... <http://www.socaltech.com/fullstory/0075739.html>) *Cylance Aims To Secure Political Campaigns* <http://www.socaltech.com/fullstory/0075734.html> Irvine-based cybersecurity software developer Cylance said today that it is looking to secure all of 2018's U.S. political campaigns, by offering up its software at no cost to political campaigns and candidates. Cylance cited an "unprecedented number of threats" to the democratic process. ( More... <http://www.socaltech.com/fullstory/0075734.html>) *VERSES Finds $6M For Blockchain Powered VR/AR* <http://www.socaltech.com/fullstory/0075730.html> Los Angeles-based VERSES, a new startup using blockchain and applying it to the virtual and augmented reality world, says it has $6M in "early interest" from Blockchain Industries, Inc., Decentra Fund, and others. The company also says it is raising additional capital via a private token sale. According to VERSES, it is developing a virtual and augmented reality protocol to power ownership, monetization, geolocation and tradability of digital goods, holographic avatars and connected experiences. (More... <http://www.socaltech.com/fullstory/0075730.html>) *Insights: Mobile Gaming Founders Blazing New Trails* <http://www.socaltech.com/fullstory/0075727.html> In our Insights and Opinions section, we regularly feature contributions from the local community about the local technology ecosystem. Today, we have an opinion piece from Al Guerrero of Silicon Valley Bank, on the mobile gaming industry. One of the best things about working at Silicon Valley Bank in Los Angeles is the access to amazing founders and companies. (More... <http://www.socaltech.com/fullstory/0075727.html>) *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. *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 *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_9035483669477257249_funding>* 8/15/18 AuditBoard <http://www.socaltech.com/intelligence/?action=showdeal&id=93227> La Palma $40.00 M 8/14/18 Airspace Technologies <http://www.socaltech.com/intelligence/?action=showdeal&id=93223> Carlsbad $8.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html August 20, Torrance -- *South Bay Monday Club* *NEW* . See http://www.socaltech.com/calendar/eventid/26162 August 28, Santa Monica -- *Preccelerator Class 9 Demo Day & "Diversity & Inclusion in Investments" Panel* 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. See http://www.socaltech.com/calendar/eventid/26160 September 5, Thousand Oaks -- *Thinking Like a VC* *NEW* . See http://www.socaltech.com/calendar/eventid/26163 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 September 12, Camarilllo -- *BioScience Alliance Event* *NEW* . See http://www.socaltech.com/calendar/eventid/26161 ------------------------------ *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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