*socaltech.com <http://socaltech.com> TechNews - Monday, September 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. 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 Silicon Valley Bank (http://www.svb.com). Make next happen now. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------ *Headlines * - SpaceX Delivers Telstar Vantage 18 To Space <#m_6626967805606219570_0075943> - Two Bit Circus Opens First Micro Amusement Park <#m_6626967805606219570_0075942> - Veritone Buys AI Developer Machine Box For Up To $5.0M <#m_6626967805606219570_0075940> - Momentum IoT Raises $3.1M <#m_6626967805606219570_0075937> - Shamrock Capital Backs Pixellot In $30M Funding <#m_6626967805606219570_0075938> - SAIC Buys Engility For $2.5 Billion In Stock <#m_6626967805606219570_0075939> - SpaceX Drawn Into Elon Musk's Cloud Of Marijuana As USAF Launches Inquiry <#m_6626967805606219570_0075936> - Elon Musk Smokes Weed On Podcast <#m_6626967805606219570_0075932> - NantWorks Invests In Daybreak Game Company <#m_6626967805606219570_0075929> - GumGum Sports Wins NHL's Columbus Blue Jackets <#m_6626967805606219570_0075931> *Marketplace* - Precellerator Program Moves Offices <#m_6626967805606219570_ad736> - Support Our News Coverage - Become A Member Today! <#m_6626967805606219570_ad680> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_6626967805606219570_ad611> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_6626967805606219570_ad729> *Monday, September 10, 2018* *SpaceX Delivers Telstar Vantage 18 To Space* <http://www.socaltech.com/fullstory/0075943.html> Hawthorne-based SpaceX successfully delivered another payload into space in the early hours of the morning, from Cape Canaveral Air Force Base. SpaceX launched the satellite payload at 12:45 a.m. EDT from Space Launch Complex 40 (SLC-40), deploying the satellite into Geostationary Transfer Orbit (GTO) approximately 32 minutes after its liftoff from Florida. SpaceX also landed the Falcon 9 rocket used in the launch on a drone ship in the Atlantic. (More... <http://www.socaltech.com/fullstory/0075943.html>) *Two Bit Circus Opens First Micro Amusement Park* <http://www.socaltech.com/fullstory/0075942.html> Los Angeles-based Two Bit Circus has officially opened its first "micro amusement park", which features its unique combination of science and technology and carnival games. Two Bit Circus opened up the location on Friday in the downtown Los Angeles Arts District. According to Two Bit Circus, the park is free to enter, and includes everything from a robotic bartenders to immersive entertainment and multi-person virtual reality experiences, to "molecular mixology and inventive eats. (More... <http://www.socaltech.com/fullstory/0075942.html>) *Veritone Buys AI Developer Machine Box For Up To $5.0M* <http://www.socaltech.com/fullstory/0075940.html> Costa Mesa-based Veritone, which develops artificial intelligence software, said today that it has acquired Machine Box, a developer of machine learning technology. The deal was worth approximately $5.0M, including $2.0M upfront plus up to $3.0M in earn out, split between Veritone stock and cash. Veritone said the deal will help add a range of "cognitive engines" to its offerings, including face and object recognition, text analytics, data classification and personalized recommendation. (More... <http://www.socaltech.com/fullstory/0075940.html>) *Momentum IoT Raises $3.1M* <http://www.socaltech.com/fullstory/0075937.html> Long Beach-based Momentum IoT, a developer of telematics products for tracking trucks, trailers, heavy equipment, and other assets, has raised $3.1M in a funding round, the company said this morning. The funding was led by Howard Edmund Capital, and also included Thompson Aerospace. The company said the funding will go towards launching the newest generation of its IoT solutions. The CEO of Momentum IoT is Justin Silva. (More... <http://www.socaltech.com/fullstory/0075937.html>) *Shamrock Capital Backs Pixellot In $30M Funding* <http://www.socaltech.com/fullstory/0075938.html> Los Angeles-based private equity investor Shamrock Capital reports this morning that it has led a $30M investment in Pixellot, an Israeli firm developing automatic, artificial intelligence-driven software for producing streaming sports video. The funding was led by Shamrock, and also included other, existing, un-named investors. Pixellot has now raised more than $40M in funding. (More... <http://www.socaltech.com/fullstory/0075938.html>) *SAIC Buys Engility For $2.5 Billion In Stock* <http://www.socaltech.com/fullstory/0075939.html> SAIC, the defense technology integrator with major operations in San Diego, and fellow defense integrator Engility Holdings, based in Chantilly, Virginia, said today that SAIC is acquiring Engility for $2.5 billion in an all-stock transaction. The deal includes assumption of $900M in Engility's debt. The two said the merger will create the second largest independent technology integrator in government services, with $6.5 million of pro-forma 12 month revenues. (More... <http://www.socaltech.com/fullstory/0075939.html>) *SpaceX Drawn Into Elon Musk's Cloud Of Marijuana As USAF Launches Inquiry* <http://www.socaltech.com/fullstory/0075936.html> It appears the puff of marijuana inhaled by Elon Musk last night on a podcast has drawn in Los Angeles-based SpaceX and one of its big customers--the U.S. Air Force--according to reports on Friday. Sources said that the U.S. Air Force has launched an inquiry into the highly public drug usage. Even though recreational and medicinal use of marijuana is legal in some states--including California--the U.S. prohibits the use of marijuana by a current U.S. (More... <http://www.socaltech.com/fullstory/0075936.html> ) *Elon Musk Smokes Weed On Podcast* <http://www.socaltech.com/fullstory/0075932.html> Elon Musk, the technology mogul behind Los Angeles-based SpaceX and The Boring Company--already under fire by investors at Tesla Motors for his recent inconsistent, public statements--boldly took a puff of marijuana on a YouTube broadcast on the Joe Rogan Experience on Thursday evening. ( More... <http://www.socaltech.com/fullstory/0075932.html>) *NantWorks Invests In Daybreak Game Company* <http://www.socaltech.com/fullstory/0075929.html> Los Angeles-based NantWorks, the investment arm of billionaire Dr. Patrick Soon Shiong, said on Thursday afternoon that it has made a strategic investment in San Diego-based multiplayer online games developer Daybreak Game Company. Size of the investment was not announced. As part of that investment, NantWorks said it has created a new joint venture called NantG Mobile, which will develop and publish mobile version of Daybreak's current games. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=58508>)( More... <http://www.socaltech.com/fullstory/0075929.html>) *GumGum Sports Wins NHL's Columbus Blue Jackets* <http://www.socaltech.com/fullstory/0075931.html> Santa Monica-based GumGum Sports, the arm of GumGum which develops technology to measure the social media value of sponsorships for sports teams, says it has just signed the NHL's Columbus Blue Jackets as a new customer. According to GumGumSports, they are in a multi-year partnership where the Blue Jackets will use its full valuation suite. Financial details of the win were not announced. (More... <http://www.socaltech.com/fullstory/0075931.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 *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 *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 *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 ------------------------------ *Recent Funding <#m_6626967805606219570_funding>* 9/10/18 Momentum IoT <http://www.socaltech.com/intelligence/?action=showdeal&id=93526> Long Beach $3.10 M 9/07/18 Daybreak Games <http://www.socaltech.com/intelligence/?action=showdeal&id=93524> San Diego $0.00 M 9/06/18 OrderMark, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=93510> Los Angeles $9.50 M 9/05/18 Factual <http://www.socaltech.com/intelligence/?action=showdeal&id=93494> Los Angeles $42.00 M 8/29/18 Zadara <http://www.socaltech.com/intelligence/?action=showdeal&id=93402> Irvine $25.00 M 8/27/18 Rakuten Aspyrian <http://www.socaltech.com/intelligence/?action=showdeal&id=93297> San Diego $150.00 M 8/22/18 Opkix <http://www.socaltech.com/intelligence/?action=showdeal&id=93298> Costa Mesa $11.80 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html September 10, Pasadena -- *Design Thinking Workshop* DESIGN THINKING WORKSHOP - PART 3 In part 3 of this 4 part workshop you will learn about Prototyping and Testing. Here is what we will be discussing: • preliminary Design space exploration • Identifying critical functions • Prototyping methods • Final Prototyping • User testing. See http://www.socaltech.com/calendar/eventid/26180 September 11, Los Angeles -- *Mobile World Congress Americas* Mobile World Congress Americas. Mobile World Congress Americas is the premier mobile tech event of the Americas region and it’s coming to the LA Convention Center from September 12th – 14th. With nearly 1,000 exhibitors and participating companies, extensive thought-leadership and education, and the industry’s best networking opportunities, MWC Americas is where tech leaders come together to share their stories and vision, and take innovation to the next level. See http://www.socaltech.com/calendar/eventid/26171 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 September 12, Santa Monica -- *ACGLA: Beers With Peers* Beers with Peers. ACG LA. Craft beer tasting with colleagues. See http://www.socaltech.com/calendar/eventid/26166 September 12, Los Angeles -- *Mobile World Congress Americas* Mobile World Congress Americas. Mobile World Congress Americas is the premier mobile tech event of the Americas region and it’s coming to the LA Convention Center from September 12th – 14th. With nearly 1,000 exhibitors and participating companies, extensive thought-leadership and education, and the industry’s best networking opportunities, MWC Americas is where tech leaders come together to share their stories and vision, and take innovation to the next level. See http://www.socaltech.com/calendar/eventid/26172 September 13, Los Angeles -- *Mobile World Congress Americas* Mobile World Congress Americas. Mobile World Congress Americas is the premier mobile tech event of the Americas region and it’s coming to the LA Convention Center from September 12th – 14th. With nearly 1,000 exhibitors and participating companies, extensive thought-leadership and education, and the industry’s best networking opportunities, MWC Americas is where tech leaders come together to share their stories and vision, and take innovation to the next level. See http://www.socaltech.com/calendar/eventid/26173 September 14, Los Angeles -- *Mobile World Congress Americas* Mobile World Congress Americas. Mobile World Congress Americas is the premier mobile tech event of the Americas region and it’s coming to the LA Convention Center from September 12th – 14th. With nearly 1,000 exhibitors and participating companies, extensive thought-leadership and education, and the industry’s best networking opportunities, MWC Americas is where tech leaders come together to share their stories and vision, and take innovation to the next level. See http://www.socaltech.com/calendar/eventid/26174 September 14, Pasadena -- *Venture Capital What They Are Looking For In A Startup* VENTURE CAPITAL: WHAT THEY LOOK FOR IN FUNDING A STARTUP Topic: Venture Capital – What they look for in funding a startup. Find out what venture capitalists look for in a startup and what makes a company fundable. One size does not fit all! Will also cover alternative funding sources and why venture capital isn’t right for many types of businesses. Speaker: John Waller is a partner at Okapi Venture Capital. Okapi is a local, early stage, tech venture fund. Prior to joining Okapi, he co-founded such companies as Resume.com (acquired by Adecco S.A.) and 24/7 Real Media (NASDAQ: TFSM), and was CEO for X1 Technologies, Managing Director of New Ventures Group for Idealab, and Strategic Development and M&A for Mattel. He is also the founder and Managing Director of Green Thumb Ventures.. See http://www.socaltech.com/calendar/eventid/26177 September 19, Los Angeles -- *Intro to Javascript: Build A Virtual Pet* INTRO TO JAVASCRIPT: BUILD A VIRTUAL PET Learn the programming fundamentals of JavaScript by building a virtual pet (think: Tamagotchi). With each new programming concept you learn you will add new features to game – including customizing your pets, feeding them, and keeping track of their health. See http://www.socaltech.com/calendar/eventid/26179 September 27, Newport Beach -- *OCTANE 5th Annual High Tech Innovation Awards* OCTANE 5th Annual High Tech Innovation Awards. See http://www.socaltech.com/calendar/eventid/26133 September 28, Los Angeles -- *USC Body Computing Conference* USC Body Computing Conference. On Friday, Sept. 28, the USC Center for Body Computing (CBC), part of the Keck School of Medicine of USC, will host thought leaders and innovators across medicine, military, sports, business, public policy and cybersecurity at the 12th Annual Body Computing Conference. The theme of this year's conference, The Decline of HealthCare, The Rise of LifeCare, will touch on the role of technology in all aspects of life — from ridesharing and digital health cars to combat training — and how security for digitally enabled LifeCare data has deep implications for individuals, organizations and even national security. See http://www.socaltech.com/calendar/eventid/26164 ------------------------------ *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 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
