*socaltech.com <http://socaltech.com> TechNews - Tuesday, October 23, 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. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). ------------------------------ *Headlines * - LA Investors, Startups Launch PledgeLA, Effort Around Diversity, Inclusion <#m_2583761296539258370_0076400> - XPRIZE Awards $1.75M In Water Abundance XPRIZE <#m_2583761296539258370_0076397> - Enevate Finds Funding From South Korea's LG Chem <#m_2583761296539258370_0076398> - Jam City Gets Into The Halloween Spirit <#m_2583761296539258370_0076399> - CoreLogic Buys Symbility Solutions <#m_2583761296539258370_0076396> - Sir Richard Branson Out At Virgin Hyperloop One <#m_2583761296539258370_0076395> - Netflix Looks To Raise $2 Billion For Content Acquisition, Production <#m_2583761296539258370_0076394> - Lime Planning Retail Store In Santa Monica <#m_2583761296539258370_0076393> - Crowdstrike Eyes IPO, Hires Investment Banker <#m_2583761296539258370_0076388> - Fisker Finds Funding For Battery Technology <#m_2583761296539258370_0076385> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_2583761296539258370_ad188> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_2583761296539258370_ad596> - Find Help To Power Your Firm To The Next Level <#m_2583761296539258370_ad585> - Stradling <#m_2583761296539258370_ad608> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_2583761296539258370_ad611> *Tuesday, October 23, 2018* *LA Investors, Startups Launch PledgeLA, Effort Around Diversity, Inclusion* <http://www.socaltech.com/fullstory/0076400.html> Los Angeles investors and startups, in conjunction with Mayor Eric Garcetti and the Annenberg Foundation, announced a new effort, PledgeLA, to help address the "work opportunity gap" in the industry by increasing equity, diversity, and inclusion in their firms and investments. The group said that the new effort includes more than 80 venture capitalists and technology leaders in Los Angeles. (More... <http://www.socaltech.com/fullstory/0076400.html>) *XPRIZE Awards $1.75M In Water Abundance XPRIZE* <http://www.socaltech.com/fullstory/0076397.html> Los Angeles-based XPRIZE has made a grand prize award in one of its challenges, the $1.75M Water Abundance XPRIZE, to a local, Venice Beach based team. According to the XPRIZE Foundation, it awarded $1.5M to the Skysource / Skywater Alliance team, which has developed technology which wrings water out of thing air. (More... <http://www.socaltech.com/fullstory/0076397.html>) *Enevate Finds Funding From South Korea's LG Chem* <http://www.socaltech.com/fullstory/0076398.html> Irvine-based Enevate, which develops lithium-ion battery technology, said today that it has added South Korean battery manufacturer LG Chem as an investor. According to Enevate, LG Chem participated in its recently anounced funding round. Size of the investment by LG Chem was not announced. According to Enevate, the new funding will help accelerate the development of its fast charge Li-ion battery technology for the electric vehicle market. (More... <http://www.socaltech.com/fullstory/0076398.html>) *Jam City Gets Into The Halloween Spirit* <http://www.socaltech.com/fullstory/0076399.html> Los Angeles-based mobile game developer Jam City is getting into the Halloween spirit, saying this morning that it has been rolling out themeed content throughout the month of October ahead of the Halloween holiday. According to Jam City, the Halloween gaming content has been rolled out across a wide range of its titles, ranging from Cookie Jam and Panda Pop to Family Guy: Another Freakin’ Mobile Game, Cookie Jam Blast and Genies and Gems. (More... <http://www.socaltech.com/fullstory/0076399.html>) *CoreLogic Buys Symbility Solutions* <http://www.socaltech.com/fullstory/0076396.html> Irvine-based property information provider CoreLogic has acquired Toronto, Ontario, Canada-based Symbility Solutions, the two companies said on Monday afternoon. Symbility is a developer of software for the insurance industry. According to the two companies, the deal is worth approximately $121.8M (C$159.5M). CoreLogic will pay C$0.615 per share in cash for each Symbility share it does not currently own. CoreLogic had owned 28% of Symbility's share before the deal was announced. (More... <http://www.socaltech.com/fullstory/0076396.html>) *Sir Richard Branson Out At Virgin Hyperloop One* <http://www.socaltech.com/fullstory/0076395.html> Sir Richard Branson is out as the Chairman of Los Angeles-based Virgin Hyperloop One, the developer of high speed, "hyperloop" transportation technology, the company said on Monday. Reason for the departure was not given, however, according to reports, the move officialy was because Hyperloop One needs a "more actively involved leader". (More... <http://www.socaltech.com/fullstory/0076395.html>) *Netflix Looks To Raise $2 Billion For Content Acquisition, Production* <http://www.socaltech.com/fullstory/0076394.html> Netflix, the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion debt offering, a move which might benefit the Los Angeles content production industry. Netflix has major content production operations in Los Angeles, along with a significant number of employees. According to Netflix, it is proposing a $2. (More... <http://www.socaltech.com/fullstory/0076394.html>) *Lime Planning Retail Store In Santa Monica* <http://www.socaltech.com/fullstory/0076393.html> In more proof that Santa Monica is, indeed, the center of the on-demand electric scooter battle, Lime, one of the many competitors in the field looks to be setting up a retail store in Santa Monica. In a job listing, lime says it will be setting up a "lifestyle brand store" in Santa Monica, which will show off its electric bicycles and scooters. (More... <http://www.socaltech.com/fullstory/0076393.html>) *Crowdstrike Eyes IPO, Hires Investment Banker* <http://www.socaltech.com/fullstory/0076388.html> CrowdStrike, the cybersecurity software developer which has major operations in Irvine, has hired an IPO banker and is eyeing an IPO before the end of the year, according to a report from Reuters. According to the report, CrowdStrike has hired Goldman Sachs to run its IPO process. No other details of the IPO have yet been announced or released. CrowdStrike is led by veteran cybersecurity executive George Kurtz, and raised a big funding round in January. (More... <http://www.socaltech.com/fullstory/0076388.html>) *Fisker Finds Funding For Battery Technology* <http://www.socaltech.com/fullstory/0076385.html> Los Angeles-based Fisker, the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. Caterpillar Venture Capital is the investment arm of industrial equipment and vehicle maker Catepillar. Size of the strategic investment was not announced. According to Fisker the funding will go towards the development of its solid state battery technology. (More... <http://www.socaltech.com/fullstory/0076385.html>) *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 [email protected] *Find Help To Power Your Firm To The Next Level <http://www.socaltech.com/services/Consulting/Business/>* Need some business help powering your company to the next stage? Can't figure out who understands startups and high tech in Southern California? Need help with a business plan, ramping sales, and more? We've compiled a list of people who can help--who already have high tech clients here: http://www.socaltech.com/services/Consulting/Business/ *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. *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_2583761296539258370_funding>* 10/23/18 Enevate <http://www.socaltech.com/intelligence/?action=showdeal&id=94078> Irvine $0.00 M 10/22/18 Qpex Biopharma <http://www.socaltech.com/intelligence/?action=showdeal&id=94077> San Diego $33.00 M 10/18/18 Cujo AI <http://www.socaltech.com/intelligence/?action=showdeal&id=94059> El Segundo $0.00 M 10/18/18 ProducePay <http://www.socaltech.com/intelligence/?action=showdeal&id=94058> Los Angeles $14.00 M 10/17/18 Avidity Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=94055> La Jolla $0.00 M 10/17/18 Edlio <http://www.socaltech.com/intelligence/?action=showdeal&id=94056> Los Angeles $0.00 M 10/16/18 Kazuhm <http://www.socaltech.com/intelligence/?action=showdeal&id=94076> San Diego $0.00 M 10/09/18 Machinify <http://www.socaltech.com/intelligence/?action=showdeal&id=94011> Palo Alto $10.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html October 23, Pasadena -- *Bubblemania* Bubblemania. Bring the whole family out to get mesmerized by the shimmering and wiggling science of bubbles while having a blast with an actual bubbleologist from Bubblemania!. See http://www.socaltech.com/calendar/eventid/26271 October 23, Pasadena -- *Entrepreneurial Metrics-Measurements for Success* Entrepreneurial Metrics-Measurements for Success. Investors agree that the single most important factor for a company's success is the entrepreneur. Join Pasadena Angels Chairman, Chris Wadden, at this special evening where he will talk about various methodologies that investors use to evaluate entrepreneurs. Chris will offer case studies and talk about ongoing research and start-ups addressing this topic. Appetizers & drinks will be served. See http://www.socaltech.com/calendar/eventid/26239 October 23, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26262 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 24, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26263 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 25, Santa Monica -- *Founder-Only Roundtable ft. Roger Obando* Founder-Only Roundtable ft. Roger Obando. Are you the founder of a tech startup? Join Founders Network for one of our intimate roundtable discussions featuring Roger Obando, Co-Founder and CTO of Baker Technologies. These intensive sessions are founder-only, and serve as a space to share real issues and challenges with your peers. Each session begins with a keynote discussion to set the tone, followed by a moderated roundtable discussion. See http://www.socaltech.com/calendar/eventid/26256 October 25, Pasadena -- *AI and Society: Creating a Fair and Ethical Future* AI and Society: Creating a Fair and Ethical Future. As Artificial Intelligence (AI) begins to percolate into our everyday lives, we must take a step back to think about the effects of such technologies on our lives. How does AI embody our value system? Whose interests are advanced by an AI system? Do AI systems learn humanly intuitive correlations? If not, can we contest the system? We aim to explore these pressing normative questions to deep dive into AI + Society. Specifically, we will discuss the questions AI raises regarding bias, ethics, and privacy, and we will explore what a fair, accountable, and transparent AI system looks like. See http://www.socaltech.com/calendar/eventid/26272 October 25, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26264 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 26, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26265 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 27, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26266 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 28, Pasadena -- *Connect Week 2018 By Innovate Pasadena* Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness. See http://www.socaltech.com/calendar/eventid/26267 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 November 10, 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/26146 November 15, Los Angeles -- *Building Billion Dollar Startups: The First Annual Unicorn Quest* Building Billion Dollar Startups: The First Annual Unicorn Quest. Alliance SoCal. Meet SoCal's billion dollar startups from today and the future. The Unicorn Quest celebrates the ambition and massive successes of SoCal’s innovation ecosystem as told by the founders and investors themselves. Plus you will meet high-flying startups on a trajectory to unicorn status and the potential for meaningful impact on the SoCal ecosystem. See http://www.socaltech.com/calendar/eventid/26254 ------------------------------ *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
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