*socaltech.com <http://socaltech.com> TechNews - Thursday, October 25, 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 * - Ring Enhances Camera Features <#m_3899211193545437114_0076427> - Axos Financial Buys Robo Advisor Developer WiseBanyan <#m_3899211193545437114_0076426> - HyperX In Endorsement Deal With Hip Hop's Post Malone <#m_3899211193545437114_0076425> - TaskUs Snags Chief People Officer From Chipotle <#m_3899211193545437114_0076423> - OnShift Gets Investment From Santa Monica's Clearlake Capital <#m_3899211193545437114_0076428> - Cubic Buys Trafficware For $235.7M <#m_3899211193545437114_0076429> - Snap Taps Amazon, HuffPo Execs For New Positions <#m_3899211193545437114_0076421> - Cloudflare, Backed By Qualcomm Ventures, Eyes IPO <#m_3899211193545437114_0076419> - Cal Lutheran Gets $6M From Former Hughes Electronics Exec <#m_3899211193545437114_0076416> - Virgin Orbit Shows Off Launcher One, Cosmic Girl <#m_3899211193545437114_0076414> *Marketplace* - Stradling <#m_3899211193545437114_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_3899211193545437114_ad596> - Stubbs Alderton & Markiles Preccelerator <#m_3899211193545437114_ad694> - BDO USA - Southern California Technology Industry Team <#m_3899211193545437114_ad737> *Thursday, October 25, 2018* *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 *Ring Enhances Camera Features* <http://www.socaltech.com/fullstory/0076427.html> Santa Monica-based Ring has rolled out a new batch of enhancements to its software on Wednesday, saying that it ha released new features and an updated app to help its users view images from all of their devices, and to better hone alerts received from its systems. (More... <http://www.socaltech.com/fullstory/0076427.html>) *Axos Financial Buys Robo Advisor Developer WiseBanyan* <http://www.socaltech.com/fullstory/0076426.html> San Diego-based Axos Financial, a consumer and business bank, said Wednesday afternoon that its subsidiary, Axos Securities, has agreed to acquire certain assets of WiseBanyan Holdings, a provider of digital wealth management software and services. Financial details of the all-cash transaction were not announced. WiseBanyon provides personal finance and investment management tools and its own technology platform, and was based in Las Vegas. (More... <http://www.socaltech.com/fullstory/0076426.html>) *HyperX In Endorsement Deal With Hip Hop's Post Malone* <http://www.socaltech.com/fullstory/0076425.html> Fountain Valley-based gaming accessories maker HyperX, which is a division of Kington Technology, has inked an endorsement deal with hip hop artist Post Malone, the company said early this mroning. According to HyperX, Posts Malone will exclusively wear its HyperX headsets while gaming, on social media, and on his Twitch streams. Financial details of the brand ambassador deal were not announced. (More... <http://www.socaltech.com/fullstory/0076425.html>) *TaskUs Snags Chief People Officer From Chipotle* <http://www.socaltech.com/fullstory/0076423.html> Santa Monica-based TaskUs, which provides back office and customer support for many prominent high tech companies, said this morning that it has appointed Mike Ferguson as the company's first Chief People officer. Ferguson was most recently Head of People Support at Chipotle Mexican Grill, which he spent the last 12 years at. TaskUs said that at Chipotle, Ferguson build an organization that now has over 70,000 employees across five countries. Ferguson will be based out of Denver. (More... <http://www.socaltech.com/fullstory/0076423.html>) *OnShift Gets Investment From Santa Monica's Clearlake Capital* <http://www.socaltech.com/fullstory/0076428.html> Santa Monica-based private equity investor Clearlake Capital is the lead investor in a strategic funding round this week for Cleveland, Ohio-based OnShift, a developer of human capital management software for the long-term, post-acute care market. Financial details of that strategic investment were not disclosed. (More... <http://www.socaltech.com/fullstory/0076428.html>) *Cubic Buys Trafficware For $235.7M* <http://www.socaltech.com/fullstory/0076429.html> San Diego-based Cubic, a provider of services and products to the defense and other industries, said on Wednesday that it is buying Advanced Traffic Solutions, also known as Trafficware, a developer of "intelligent traffic solutions" for the transportation industry. The deal was worth $235.7M in cash. (More... <http://www.socaltech.com/fullstory/0076429.html>) *Snap Taps Amazon, HuffPo Execs For New Positions* <http://www.socaltech.com/fullstory/0076421.html> Venice, California-based Snap has snagged two executives, one from Amazon and the other from the HuffingtonPost, as it continues to grow its executive team. According to the company, it has named Jeremi Gorman, former Head of Global Advertising Sales for Amazon as its new Chief Business Officer, and also named Jared Grusd, previously CEO of The Huffington Post, as Chief Strategy Officer of the company. Grusd had also served at Spotify, Google, and Oath. (More... <http://www.socaltech.com/fullstory/0076421.html>) *Cloudflare, Backed By Qualcomm Ventures, Eyes IPO* <http://www.socaltech.com/fullstory/0076419.html> San Francisco-based Cloudflare, which provides a service which helps web site and web application developers manage caching and access to their websites, protecting against cyberattacks, distributed denial of service (DDoS)--and which is backed by Qualcomm--is heading towards an IPO. Reports from Reuters say that Cloudflare has hired Goldman Sachs to lead its IPO, which will value the company at more than $3.5 billion. (More... <http://www.socaltech.com/fullstory/0076419.html>) *Cal Lutheran Gets $6M From Former Hughes Electronics Exec* <http://www.socaltech.com/fullstory/0076416.html> California Lutheran University (CLU) is receiving a big, $6M donation from former Hughes Electronics Vice Chairman Steve Dorfman, for a new building for the school's School of Management, the school announced this morning. According to the Thousand Oaks university, Dorfman's contribution will go towards the construction of the two-story, 27,000-square foot Steven D. Dorfman Center, which will include both classrooms and faculty offices. ( More... <http://www.socaltech.com/fullstory/0076416.html>) *Virgin Orbit Shows Off Launcher One, Cosmic Girl* <http://www.socaltech.com/fullstory/0076414.html> Virgin Orbit, the space launch startup which is backed by Sir Richard Brason, showed off its small satellite launch vehicle, the LauncherOne today, posting images of the launch vehicle in Long Beach Airport being mated with its Cosmic Girl launch vehicle--a converted 747. Virgin Orbit is attaching the LauncherOne rocket on the underside of the Cosmic Girl, which will take the launch vehicle high into the atmosphere before release into orbit. (More... <http://www.socaltech.com/fullstory/0076414.html>) *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. *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] *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/ *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 ------------------------------ *Recent Funding <#m_3899211193545437114_funding>* 10/25/18 Pathmatics, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=94080> Santa Monica $3.00 M 10/23/18 Tala <http://www.socaltech.com/intelligence/?action=showdeal&id=94079> Los Angeles $0.00 M 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 Edlio <http://www.socaltech.com/intelligence/?action=showdeal&id=94056> Los Angeles $0.00 M 10/17/18 Avidity Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=94055> La Jolla $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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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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