*socaltech.com <http://socaltech.com> TechNews - Friday, October 5, 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. Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud Singer Lewak (http://www.singerlewak.com) Accounting and Consulting for Growing and Innovative Businesses ------------------------------ *Headlines * - Internal, 15-Page Memo Leaked From Snap's Evan Spiegel <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076219> - Bird Launches All Day Rentals <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076218> - Esri Links For Geocoding Improvements <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076217> - AeroVironment Wins $13M USAF Award <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076216> - Elon Musk At It Again, Calls SEC Names <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076215> - Ice Energy Extends Energy Storage Product To Homeowners, Homebuilders <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076213> - Disney Invents Spray Painting Drone <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076206> - ZipRecruiter Raises $156M More For Job Matching Service <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076205> - Amazon Investigation Accidentally Uncovered Massive Chinese Hacking <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076204> - Blizzard Entertainment CEO Steps Down After 27 Years <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_0076202> *Marketplace* - BDO USA - Southern California Technology Industry Team <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_ad737> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_ad729> - Stubbs Alderton & Markiles Preccelerator <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_ad694> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_ad611> *Friday, October 5, 2018* *Internal, 15-Page Memo Leaked From Snap's Evan Spiegel* <http://www.socaltech.com/fullstory/0076219.html> An internal, 15-page memo issued by Evan Spiegel, the CEO and founder of Venice-based Snap, the parent firm of Snapchat, has been leaked to the press, bringing light to a significant number of Snap's plans to attempt to reach profitability in 2019. The memo--which was leaked to online site Cheddar-came as Snap's stock has set a new low. (More... <http://www.socaltech.com/fullstory/0076219.html>) *Bird Launches All Day Rentals* <http://www.socaltech.com/fullstory/0076218.html> Venice, California-based on-demand scooter rental service Bird has launched a brand new service, which will allows users to rent its scooters all day--and will even deliver those scooters to your doorstep. (More... <http://www.socaltech.com/fullstory/0076218.html>) *Esri Links For Geocoding Improvements* <http://www.socaltech.com/fullstory/0076217.html> Redlands-based geographical information systems (GIS) and mapping tools developer Esri has linked up with another company, BuildingFootprintUSA, the help improve the "geocoding" of locations within its ArcGIS platform. Geocoding is the translation of street addresses into latitude and longitude, part of the basic operations needed for mapping out locations in software. (More... <http://www.socaltech.com/fullstory/0076217.html>) *AeroVironment Wins $13M USAF Award* <http://www.socaltech.com/fullstory/0076216.html> Monrovia, California-based Aerovironment, which develops unmanned aerial vehicles (UAVs) for the military market, reports that it has received a $13M contract from the United States Air Force. According to AeroVironment, the new contract award covers support of Latin America and Caribbean nations with its RQ-11B Raven drone. AeroVironment said the contract is expected to run until September 28, 2023. AeroVironment says its Raven UAS wlil be deployed by the U.S. (More... <http://www.socaltech.com/fullstory/0076216.html>) *Elon Musk At It Again, Calls SEC Names* <http://www.socaltech.com/fullstory/0076215.html> Apparently, paying $40M in a settlement was not enough of a deterrent to keep Elon Musk from sending out a tweet on Thursday calling the Securities and Exchange Commission (SEC) the "Shortseller Enrichment Commission". Musk, along with Tesla, had to jointly pay $40M in penalties to settle a lawsuit by SEC over earlier tweets from Musk last week to avoid securities fraud charges from the SEC. (More... <http://www.socaltech.com/fullstory/0076215.html>) *Ice Energy Extends Energy Storage Product To Homeowners, Homebuilders* <http://www.socaltech.com/fullstory/0076213.html> Costa Mesa-based Ice Energy, which develops an energy storage system used for saving energy used for air conditioning, has launched a new product specifically aimed at homeowners and builders. According to Ice Energy, it has rolled out a new product called Ice Cub, a hybrid air conditioning and energy storage system specifically for California homeowners and homebuilders. (More... <http://www.socaltech.com/fullstory/0076213.html>) *Disney Invents Spray Painting Drone* <http://www.socaltech.com/fullstory/0076206.html> Disney Research, the arm of the Walt Disney Company which works on developing high-tech "building blocks" for the rest of Disney, has invented an autonomous, spray-painting drone called the PaintCopter, the company described in a paper this week. (More... <http://www.socaltech.com/fullstory/0076206.html>) *ZipRecruiter Raises $156M More For Job Matching Service* <http://www.socaltech.com/fullstory/0076205.html> Los Angeles-based ZipRecruiter, the online jobs site led by Ian Siegel, has raised $156M in a Series B funding round, the company said on Thursday morning. The funding was led by Wellington Management Company, and also included IVP and other, un-named investors. A number of reports say the funding puts the company into "unicorn" territory, with a valuation of more than $1 billion. ZipRecruiter--which hit nearly 1,000 employees in June--has been working on the unicorn-sized round since February. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=93955> )(More... <http://www.socaltech.com/fullstory/0076205.html>) *Amazon Investigation Accidentally Uncovered Massive Chinese Hacking* <http://www.socaltech.com/fullstory/0076204.html> A new report, published this morning by Bloomberg, says that a massive Chinese hacking effort--involving the implantation of tiny devices on computer motherboards--was uncovered due to due diligence efforts made by Amazon, as part of its acquisition of Elemental Technologies back in 2015. ( More... <http://www.socaltech.com/fullstory/0076204.html>) *Blizzard Entertainment CEO Steps Down After 27 Years* <http://www.socaltech.com/fullstory/0076202.html> Mike Morhaime, the longtime CEO of Irvine's Blizzard Entertainment, has stepped down from his role, becoming an advisor to the company, Morhaime said on Wednesday. Morhaime has been at Blizzard for more than 27 years, since he joined the company in 1991, when it was known as Silicon & Synapse. In explaining the departure, Morhaime decide "it's time for someone else to lead Blizzard Entertainment." The CEO role will go to J. ( More... <http://www.socaltech.com/fullstory/0076202.html>) *BDO USA - Southern California Technology Industry Team <http://www.bdo.com>* BDO USA, LLP is a professional services firm providing assurance, tax, and advisory services to publicly traded and privately held companies through more than 60 offices domestically and 160 countries globally. Our Southern California technology industry team professionals have deep experience helping online, software, hardware, and cleantech businesses in the local ecosystem to navigate the many issues affecting their businesses and to help them meet their larger strategic goals. Our team provides a wide range of guidance in the key issues effecting technology companies including, M&A advisory, initial public offerings, tax planning and consulting, intellectual property agreements, financial reporting and regulatory compliance matters. http://www.bdo.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 *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/preccelerator/>* Accelerating Growth for Early Stage Innovation The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks. http://stubbsalderton.com/preccelerator/ *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_-3453300277513897646_m_3718384267512199844_m_-4551788164682285946_funding>* 10/04/18 ZipRecruiter <http://www.socaltech.com/intelligence/?action=showdeal&id=93955> Santa Monica $104.00 M 10/03/18 Tyffon <http://www.socaltech.com/intelligence/?action=showdeal&id=93937> Los Angeles $2.17 M 10/02/18 Boulevard <http://www.socaltech.com/intelligence/?action=showdeal&id=93936> Santa Monica $0.00 M 10/01/18 VelosBio Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=93914> San Diego $58.00 M 9/25/18 Cirrus Insight <http://www.socaltech.com/intelligence/?action=showdeal&id=93806> Irvine $0.00 M 9/19/18 SnapMD, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=93720> Glendale $7.10 M 9/17/18 Drinks <http://www.socaltech.com/intelligence/?action=showdeal&id=93616> Los Angeles $15.00 M 9/13/18 CODA Biotherapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=93613> South San Francisco $19.00 M 9/12/18 Epic Sciences <http://www.socaltech.com/intelligence/?action=showdeal&id=93585> San Diego $52.00 M 9/11/18 FirstClose <http://www.socaltech.com/intelligence/?action=showdeal&id=93579> Austin $0.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 9, Santa Monica -- *FundingPost Los Angeles VCs, Angels, Crypto and ICOs Event* FundingPost Los Angeles VCs, Angels, Crypto and ICOs Event. At our next event the panel of investors will focus on Early-Stage Venture Investing (VCs & Angel investors), and a fireside chat about ICO basics: How to meet investors, pitch them, and what it really takes to get them to write you a check! ICOs raised a global record 6.7 billion dollars in 2018 alone according to ICOdata.com. That's HUGE, but what exactly does that mean? Can anyone do an ICO? Should everyone? and what exactly is an ICO anyway? Speakers: Moderator, Joe Daniels, McCarter & English Reginald Ringgold, Founder, Blockvest Paul Kim, Managing Director, ICO's, Blockchain Industries, Inc. Jake Ryan, General Manager, Tradecraft Capital Chad Anderson, MT Digital Assets Sean Goodwin, Blockchain & Cryptocurrency Evangelist Dallas Santana, Investment Manager, LDJ Capital Trevor Wilkins, Principal, Quake Capital Partners Richard Sussman, Managing Partner, Nordic Eye VC Tom Austin, Angel Investor Brian MacMahon, Founder, Expert DOJO Dean Kline, Managing Director, Penn Venture Partners, LP Travis Kling, Chief Investment Officer, Ikigai Fund + MANY MORE. See http://www.socaltech.com/calendar/eventid/26229 October 10, Irvine -- *The Emergence of Cyber-Physical, and What it Means to Safety and Security* The Emergence of Cyber-Physical, and What it Means to Safety and Security. While the operators of industrial IoT systems recognize that these systems might fall victim to cyber attacks, the consequences to society or the economy of such attacks are often more difficult to imagine. What happens if factory floors come to a halt? Could a globally distributed fleet of device status monitoring “things” go blind? And what of attacks targeting economically mission-critical infrastructure such as the electric power grid, transportation signaling and control, or medical devices? This presentation will explore security strategies to manage risk and stay ahead of the rapidly expanding OT and IoT threat landscape. See http://www.socaltech.com/calendar/eventid/26220 October 11, Carlsbad -- *nVerge 2018* nVerge 2018 is a one-day technology conference focusing on uncovering maximum value from current business technology, sharing new trends and discussing future possibilities for solutions ranging from ERP, CRM, business intelligence, collaboration, and productivity. Key areas of exploration include solutions from Microsoft, Oracle NetSuite, and Salesforce, with additional emphasis on the related technology ecosystems. See http://www.socaltech.com/calendar/eventid/26194 October 11, Irvine -- *FundingPost Orange County VCs, Angels, Crypto and ICOs Event* FundingPost Orange County VCs, Angels, Crypto and ICOs Event. At our next Orange County FundingPost event at the Eureka Building in Irvine, the panel of investors will focus on Early-Stage Venture Investing (VCs & Angel investors), and a fireside chat about ICO basics: How to meet investors, pitch them, and what it really takes to get them to write you a check! ICOs raised a global record 6.7 billion dollars in 2018 alone according to ICOdata.com. That's HUGE, but what exactly does that mean? Can anyone do an ICO? Should everyone? and what exactly is an ICO anyway? Speakers: Moderator, Joe Daniels, McCarter & English Chad Anderson, Investor, MT Digital Assets Dante Venafro, Blockchain Advisory Member, Oracle Stephen Brett, Blockchain and Cryptocurrency Investor Reginald Ringgold, Founder, Blockvest Dallas Santana, Investment Manager, LDJ Capital JJ Richa, Angel Investor, Tech Coast Angels Ash Kumra, Youngry, Angel Investor Dean Kline, Managing Director, Penn Venture Partners, LP Hicham Semaan, President, OC at Tech Coast Angels Brandon Maier, Founding Partner, Quake Capital Partners Fred Haney, Founder, Venture Management Company + MANY MORE TO COM. See http://www.socaltech.com/calendar/eventid/26230 October 12, Los Angeles -- *Financial Services Cybersecurity Roundtable* The Financial Services Cybersecurity Roundtable is a cross-organizational, cross-functional “learning community” committed to working together to better protect our community from bank fraud, credit card theft, identity theft and other forms of cyber crime. See http://www.socaltech.com/calendar/eventid/26205 October 12, Santa Monica -- *13th Annual City of Santa Monica AltCar Expo* 13th Annual City of Santa Monica AltCar Expo. 13th Annual City of Santa Monica AltCar Expo will return to Santa Monica on October 12-13, 2018 with brand new vehicles, speakers, and exhibitors to showcase the newest innovations of the alternative technology industry. This two-day event is free to attend and brings together in one place a variety of brands, technologies, and manufacturers specializing in alternative technology. An array of NEW vehicles will debut at the 2018 AltCar Expo including SOLO, Electra Mechannica’s new single-passenger EV. See http://www.socaltech.com/calendar/eventid/26183 October 13, 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/26141 October 13, Pasadena -- *Caltech Entrepreneurs Forum - Longevity* Caltech Entrepreneurs Forum - Longevity. Approaches to enhancing healthspan range from drug discovery efforts to big-data methods and direct-to-consumer (DTC) strategies. Challenges of commercialization include reliance on findings from short-lived model organisms, poor biological understanding of aging, and hurdles in performing clinical trials for aging. Yet if even one company succeeds, the social and financial impact will be huge. Join us for this exciting forum where we will review how entrepreneurs may approach the most promising advances in healthspan biotech, how entrepreneurs may approach these opportunities, the path to financing, and the resources in Southern California. See http://www.socaltech.com/calendar/eventid/26224 October 13, Santa Monica -- *13th Annual City of Santa Monica AltCar Expo* 13th Annual City of Santa Monica AltCar Expo. 13th Annual City of Santa Monica AltCar Expo will return to Santa Monica on October 12-13, 2018 with brand new vehicles, speakers, and exhibitors to showcase the newest innovations of the alternative technology industry. This two-day event is free to attend and brings together in one place a variety of brands, technologies, and manufacturers specializing in alternative technology. An array of NEW vehicles will debut at the 2018 AltCar Expo including SOLO, Electra Mechannica’s new single-passenger EV. See http://www.socaltech.com/calendar/eventid/26184 October 18, Los Angeles -- *TechCrunch Sessions: AR/VR* TC Sessions: AR/VR is a single-day event designed to facilitate in-depth conversations, hands-on demos and networking opportunities with the industry leaders, content creators and game changers bringing innovation to the masses. See http://www.socaltech.com/calendar/eventid/26198 October 20, Los Angeles -- *THE COLLECTIVE CONFERENCE 2018 * *NEW* . See http://www.socaltech.com/calendar/eventid/26233 October 21, Los Angeles -- *PyData LA* PyData conferences bring together users and developers of data analysis tools to share ideas and learn from each other. The PyData community gathers to discuss how best to apply Python tools, as well as tools using R and Julia, to meet evolving challenges in data management, processing, analytics, and visualization. We aim to be an accessible, community-driven conference, with tutorials for novices, advanced topical workshops for practitioners, and opportunities for package developers and users to meet in person. See http://www.socaltech.com/calendar/eventid/26202 October 24, San Diego -- *QuickPitch 2018 | San Diego Venture Group* San Diego Venture Group QuickPitch Competition. 10 startups go head-to-head for over $75K in prizes. See http://www.socaltech.com/calendar/eventid/26187 October 24, San Diego -- *QuickPitch 2018 San Diego Venture Group* John G. Watson Quick Pitch. San Diego Venture Group. 10 startups go head-to-head for over $75K in prizes. See http://www.socaltech.com/calendar/eventid/26170 October 25, Los Angeles -- *Growth Capital Conference* Growth Capital Conference. Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp. See http://www.socaltech.com/calendar/eventid/26226 October 25, Los Angeles -- *Cybersecure LA 2018* This conference is designed to equip participants define the specific risks they face amidst the current information risk landscape, develop an action plan to manage these risks, and deliver a stronger cyber risk posture. Most importantly, participants will be prepared with the right questions, practical tools, valuable resources, and the critical next steps to take to strengthen their organization’s cyber risk posture.. See http://www.socaltech.com/calendar/eventid/26204 October 25, Irvine -- *MasterMinds OC Startup Accelerator Workshop #19* OC ENTREPRENEURS: Join us for another LIVE MasterMinds Workshop. Bring your startup ideas and business questions so our friendly group of local Orange County entrepreneurs and business owners can help you move your business farther, faster. Free tickets available if you have a good startup business question for discussion, or you want to practice your startup pitch!. See http://www.socaltech.com/calendar/eventid/26197 October 26, Malibu -- *Masterminds 2018 - Survive and Thrive* SURVIVE AND THRIVE TODAY 2018. Keynotes by Mitch Lowe, CEO of MoviePass; Bill Reichert, Garage Technology Ventures; Vernice Armour, first African American Fighter Pilot, and others. See http://www.socaltech.com/calendar/eventid/26155 October 27, Malibu -- *Masterminds 2018 - Survive and Thrive* SURVIVE AND THRIVE TODAY 2018. Keynotes by Mitch Lowe, CEO of MoviePass; Bill Reichert, Garage Technology Ventures; Vernice Armour, first African American Fighter Pilot, and others. See http://www.socaltech.com/calendar/eventid/26156 October 28, Malibu -- *Masterminds 2018 - Survive and Thrive* SURVIVE AND THRIVE TODAY 2018. Keynotes by Mitch Lowe, CEO of MoviePass; Bill Reichert, Garage Technology Ventures; Vernice Armour, first African American Fighter Pilot, and others. See http://www.socaltech.com/calendar/eventid/26157 October 29, Newport Beach -- *OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM* OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM. Join us October 29-30 at the Newport Beach Marriott Hotel and Spa. See http://www.socaltech.com/calendar/eventid/26134 October 30, Newport Beach -- *OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM* OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM. Join us October 29-30 at the Newport Beach Marriott Hotel and Spa. See http://www.socaltech.com/calendar/eventid/26135 November 3, Pasadena -- *Caltech Entrepreneurs Forum - Venturing to Mars* Caltech Entrepreneurs Forum - Venturing to Mars. Mars entrepreneurship has entered its lift off phase. The US Government is preparing for manned missions to Mars but private companies like SpaceX may well get there first. Elon Musk declared that SpaceX will put one million people on Mars. Entrepreneurial opportunities already have emerged in areas like Launch, Sensors, Instrumentation and Habitats. Join us to hear expert speakers from the Jet Propulsion Laboratory, industry insiders and entrepreneurial startups. See http://www.socaltech.com/calendar/eventid/26225 ------------------------------ *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. 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