*socaltech.com <http://socaltech.com> TechNews - Monday, August 20, 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. 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 * - Interview with Marlon Nichols, Cross Culture Ventures <#m_7195482769127452404_0075754> - CrowdStrike Names IPO Veteran As Chief Legal Officer <#m_7195482769127452404_0075755> - Skyworks Completes Avenera Acquisition <#m_7195482769127452404_0075757> - Interlink Electronics CFO Steps Down <#m_7195482769127452404_0075756> - Cargomatic Collects $35M <#m_7195482769127452404_0075750> - Walmart Labs Plans Major San Diego Area Expansion <#m_7195482769127452404_0075741> *Marketplace* - Precellerator Program Moves Offices <#m_7195482769127452404_ad736> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_7195482769127452404_ad729> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_7195482769127452404_ad611> *Monday, August 20, 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. *Interview with Marlon Nichols, Cross Culture Ventures* <http://www.socaltech.com/fullstory/0075754.html> What's the best way to build a strong portfolio of technology companies, which tap into the broadest markets and avoids the "bubble" group-think of many venture firms? For this morning's interview, we sat down with Marlon Nichols, co-founder and Managing Partner of Los Angeles-based Cross Culture Ventures (crossculturevc.com). (More... <http://www.socaltech.com/fullstory/0075754.html>) *CrowdStrike Names IPO Veteran As Chief Legal Officer* <http://www.socaltech.com/fullstory/0075755.html> Cloud cybersecurity software developer CrowdStrike announced today that it has named Paul Bradley Shinn as its Chief Legal Officer. Shinn was previously Chief Legal Officer and Senior Vice President of Corporate Development at Gigamon, and also had served at HP's Enterprise Group and Wilson Sonsini Goodrich & Rosati. According to Crowdstrike, Shinn's role at Gigamon included leading the company's successful initial public offering in 2013. (More... <http://www.socaltech.com/fullstory/0075755.html>) *Skyworks Completes Avenera Acquisition* <http://www.socaltech.com/fullstory/0075757.html> Irvine-based Skyworks Solutions, which develops analog semiconductors, said late Friday that it has completed its acquisition Avnera Corporation. The acquisition had been announced on August 3rd, and is worth up to $425M in total. Skyworks said it paid cash for the acquisition. (More... <http://www.socaltech.com/fullstory/0075757.html>) *Interlink Electronics CFO Steps Down* <http://www.socaltech.com/fullstory/0075756.html> Westlake Village-based Interlink Electronics, a developer of force sensors and other technology in the "human-machine" interface area, says that its CFO, David S. Burnett, has stepped down from the company. According to the firm, its CEO, Steven N. Bronson, will assume the role of acting Chief Financial Officer. According to Interlink, Bronson remains CFO of an OTC pink sheets traded company, BKF Capital Group, which owns 13.5 percent of the common stock of the company. (More... <http://www.socaltech.com/fullstory/0075756.html>) *Cargomatic Collects $35M* <http://www.socaltech.com/fullstory/0075750.html> Long Beach-based Cargomatic, which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises. According to Cargomatic, the new funding will go towards geographic expansion efforts and hiring key employees. Cargomatic develops a mobile marketplace, which helps connect short-haul carriers to shippers. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=38201>)(More... <http://www.socaltech.com/fullstory/0075750.html>) *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>) *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 *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 *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_7195482769127452404_funding>* 8/17/18 Cargomatic, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=93293> Venice $35.00 M 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 ------------------------------ *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* South Bay Monday Club. Monday Club helps Southern California companies improve their business plan presentations and meet experts who can help them achieve their objectives. Email [email protected] for more information.. 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* Thinking Like a VC. Cal Lutheran Center for Entrepreneurship. Featuring: Rob Vickery, Partner & Co-Founder: Stage Venture Partners. Rob Vickery, Co-Founder of Stage Venture Partners, which is one of LA's leading enterprise software venture capital fund, will be exploring the core principles of venture capital and core due-diligence techniques that are adopted in this area of finance. During this interactive session, he will also be discussing his own journey from building a business that generated hundreds of millions of dollars in revenue to creating Stage from scratch. 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* BioScience Alliance Event. REMD Biotherapeutics. REMD Bio Executives will give tours of their new facility and briefly discuss their company’s ongoing drug development efforts relating to Diabetes. Come tour REMD’s new facility and gather with others who are involved in our region’s life science industry. 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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