*socaltech.com <http://socaltech.com> TechNews - Friday, October 26, 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. 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 ------------------------------ *Headlines * - UC San Diego Gets $1M From Arm Of Intellectual Ventures <#m_-1889747503818952951_0076439> - Happy Returns Ramps Up Return Services For Online Retailers <#m_-1889747503818952951_0076444> - SolarReserve Awarded $2.0M From DOE For Tracking Technology <#m_-1889747503818952951_0076438> - Faraday Future Employees Face Layoffs, Pay Cuts <#m_-1889747503818952951_0076443> - Airgain Adds To Board <#m_-1889747503818952951_0076442> - SpaceX Gets For Another Reuse Milestone <#m_-1889747503818952951_0076437> - Elon Musk's Thursday Twitter A String Of Strange, Rambling Tweets <#m_-1889747503818952951_0076436> - Pathmatics Raises $3M <#m_-1889747503818952951_0076422> - Ring Enhances Camera Features <#m_-1889747503818952951_0076427> - Axos Financial Buys Robo Advisor Developer WiseBanyan <#m_-1889747503818952951_0076426> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-1889747503818952951_ad729> - BDO USA - Southern California Technology Industry Team <#m_-1889747503818952951_ad737> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_-1889747503818952951_ad188> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-1889747503818952951_ad611> *Friday, October 26, 2018* *UC San Diego Gets $1M From Arm Of Intellectual Ventures* <http://www.socaltech.com/fullstory/0076439.html> The University of San Diego has received $1M from the incubator arm of Intellectual Ventures, the investment fund which was founded by recently deceased Microsoft co-founder Paul G. Allen. According to UCSD, the Institute for the Global Entrepreneur received $1M from the Invention Science Fund (ISF), the incubator arm of Intellectual Ventures, and San Diego's Legler Benbough Foundation, to accelerate new startup companies. ( More... <http://www.socaltech.com/fullstory/0076439.html>) *Happy Returns Ramps Up Return Services For Online Retailers* <http://www.socaltech.com/fullstory/0076444.html> Santa Monica-based Happy Returns, which provides a network of in-person return locations for online retailers, is expanding its menu of offerings for those retailers, through a new product called "Full Stack Returns". ( More... <http://www.socaltech.com/fullstory/0076444.html>) *SolarReserve Awarded $2.0M From DOE For Tracking Technology* <http://www.socaltech.com/fullstory/0076438.html> Santa Monica-based SolarReserve, a developer of large scale solar thermal power plants and related technology, reported on Thursday that it has received $2.0M in an award from the U.S. Department of Energy (DOE), to go towards solar mirror tracking technology. According to SolarReserve, the funding goes towards next-generation heliostat technology, which is used to keep mirrors used in olar power generation aimed at the sun. SolarReserve said the funding came specifically from the U.S. (More... <http://www.socaltech.com/fullstory/0076438.html>) *Faraday Future Employees Face Layoffs, Pay Cuts* <http://www.socaltech.com/fullstory/0076443.html> Employees of Los Angeles-based Faraday Future have been laid off--without severance--and pay has been cut by 20 percent for those that remain, after renewed financial troubles over at the electric car maker. According to information leaked from employees within the company, the pay cut and layoffs started this week, as Faraday has run out of funding due to a legal spat with the Chinese company that bailed out the company last year. ( More... <http://www.socaltech.com/fullstory/0076443.html>) *Airgain Adds To Board* <http://www.socaltech.com/fullstory/0076442.html> San Diego-based antenna technology developer Airgain announced late Thursday evening that it has added TJ Chung to its board of directors. Chung is at private equity investment firm Core Industrial Partners, LLC, where he is Senior Partner, and also had been President of Teletrac Navaman, part of Danaher. Chung was also CEO of Navman Wireless, and served at Brunswick Corporation and Emerson Electric. Chung also sits on the boards of Littlefuse and Mastercraft. (More... <http://www.socaltech.com/fullstory/0076442.html>) *SpaceX Gets For Another Reuse Milestone* <http://www.socaltech.com/fullstory/0076437.html> Hawthorne-based SpaceX is getting set to reach another milestone in its development of space exploration technology, which is to push the reuse of its rockets even further. According to a SpaceX official, the company is about to relaunch one of its boosters for the third time. Although SpaceX has re-used many of its rockets in prior launches--re-using the first stage of Falcon 9 rockets 30 times--it has only done so twice with each booster. ( More... <http://www.socaltech.com/fullstory/0076437.html>) *Elon Musk's Thursday Twitter A String Of Strange, Rambling Tweets* <http://www.socaltech.com/fullstory/0076436.html> Technology mogul Elon Musk is at it again on Twitter, sending out a strange, rambling string of tweets on Thursday afternoon. It's unclear what caused Musk to start tweeting out randomly about different topics, however, Musk's lack of Twitter discipline had resulted in his departure as Chairman of Tesla Motors earlier this month, and a big fine from the SEC for both Musk and Tesla. Musk still remains CEO of Tesla. Musk also drew unwanted attention for smoking weed on a podcast in September. (More... <http://www.socaltech.com/fullstory/0076436.html>) *Pathmatics Raises $3M* <http://www.socaltech.com/fullstory/0076422.html> Santa Monica-based Pathmatics is announcing today that it has raised $3M in a funding round, for its marketing intelligence software. The company said the strategic funding came from Mintel and SPH Ventures. Mintel is a marketing intelligence agency, and SPH Ventures is the corporate venture capital arm of Singapore Press Holdings, the publishers of The Straits Times. Pathmatics' existing investors are Upfront Ventures, BDMI, Baroda Ventures, Daher Capital, and Karlin Ventures. (More... <http://www.socaltech.com/fullstory/0076422.html>) *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 has 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>) *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 *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 *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 *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_-1889747503818952951_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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 8, Los Angeles -- *LA Tech Mixer* *NEW* . See http://www.socaltech.com/calendar/eventid/26273 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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