*socaltech.com <http://socaltech.com> TechNews - Thursday, November 1, 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 * - Snap Sues Influencer Over Failure To Promote Spectacles <#m_-5753986745417797074_0076492> - Imbellus Finds $23M For Skills Assessment Technology <#m_-5753986745417797074_0076489> - Sharp Display Company, Flying Eagle Systems Move To LA Arts District <#m_-5753986745417797074_0076490> - Semtech Adds Laird Connectivity To Partner Program <#m_-5753986745417797074_0076491> - Axonics Drops In IPO <#m_-5753986745417797074_0076487> - PatientPop Raises New Funding Round <#m_-5753986745417797074_0076480> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#m_-5753986745417797074_ad694> - BDO USA - Southern California Technology Industry Team <#m_-5753986745417797074_ad737> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-5753986745417797074_ad729> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_-5753986745417797074_ad188> *Thursday, November 1, 2018* *Square 1 Bank <http://www.square1bank.com>* Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets. A full service financial services partner to entrepreneurs and their investors, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Atlanta, Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.square1bank.com, or send an email to [email protected]. *Snap Sues Influencer Over Failure To Promote Spectacles* <http://www.socaltech.com/fullstory/0076492.html> Venice, California-based Snap, the parent firm of Snapchat, has sued social media influencer and actor Luka Sabbat for failing to promote the company's Spectacles in posts. According to a report and the lawsuit, Sabbat was paid $45,000 upfront with the promise of another $15,000 to post himself wearing Snap's Spectacles, but failed to do so per the legal terms of the deal with Snap. Snap is seeking the $45,000 back, plus damages. (More... <http://www.socaltech.com/fullstory/0076492.html>) *Imbellus Finds $23M For Skills Assessment Technology* <http://www.socaltech.com/fullstory/0076489.html> Los Angeles-based Imbellus, which develops skills assessment software which it says helps organizations assess job seekers by how they think, rather than by what they know, has raised $14.5M in a Series A funding round. The funding was led by Owl Ventures, and also included prior investor Upfront Ventures and Thrive Capital, plus Rethink Education. The company says it has now raised a total of $23M. (More... <http://www.socaltech.com/fullstory/0076489.html>) *Sharp Display Company, Flying Eagle Systems Move To LA Arts District* <http://www.socaltech.com/fullstory/0076490.html> Sharp Display Company, a unit of Sharp Eectronics Corporation which develops TFT-LCD products, plus Flying Eagle Sytsems, a new company created by Foxconn crated to "drive innovation in the display industry", announced today that they have set up shop in downtown Los Angeles. The companies said they have opened up a new, 13,000 square foot creative work space at ROW DTLA. (More... <http://www.socaltech.com/fullstory/0076490.html>) *Semtech Adds Laird Connectivity To Partner Program* <http://www.socaltech.com/fullstory/0076491.html> Camarillo-based semiconductor maker Semtech announed today that it has added Laird Connectivity, a developer of wireless modules and antennas, to its partner program, focused on its LoRa wireless technology. According to Semtech, the addition of Laird will help with the creation and deployment of LoRa-based IoT solutions, giving it access to experienced designers that understand its technology and wireless radio frequency technology. (More... <http://www.socaltech.com/fullstory/0076491.html>) *Axonics Drops In IPO* <http://www.socaltech.com/fullstory/0076487.html> Irvine-based Axonics Modulation Technologies, which is developing medical devices for treating overactive bladder, fecal incontinence, and urinary retention, has had its IPO debut, pricing its IPO last night at $15.00 per share. The company's stock dropping in trading on Wednesday, falling to around $14.85 in afternoon trading. Axonics sold 8,000,000 shares of its common stock in the offering. The company is now trading as AXNX on the Nasdaw Global Select market. (More... <http://www.socaltech.com/fullstory/0076487.html>) *PatientPop Raises New Funding Round* <http://www.socaltech.com/fullstory/0076480.html> Santa Monica-based PatientPop, which develops healthcare practice management software, has raised a new round of funding, the company said this morning. The new funding brings its total raised to $75M. According to PatientPop, the funding was led by Leerink Transformation Partners (LTP). As part of the funding, Todd Cozzens, Managing Partner and co-founder of Leerink Transformation Partners joins the company's board of directors. ( More... <http://www.socaltech.com/fullstory/0076480.html>) *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 *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 *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 ------------------------------ *Recent Funding <#m_-5753986745417797074_funding>* 11/01/18 Imbellus <http://www.socaltech.com/intelligence/?action=showdeal&id=94168> Los Angeles $14.50 M 10/31/18 PatientPop, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=94133> Santa Monica $65.00 M 10/30/18 LegalZoom.com <http://www.socaltech.com/intelligence/?action=showdeal&id=94128> Glendale $0.00 M 10/30/18 WAYV <http://www.socaltech.com/intelligence/?action=showdeal&id=94129> Los Angeles $5.00 M 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 ProducePay <http://www.socaltech.com/intelligence/?action=showdeal&id=94058> Los Angeles $14.00 M 10/18/18 Cujo AI <http://www.socaltech.com/intelligence/?action=showdeal&id=94059> El Segundo $0.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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* Schmoozd LA Tech & Startup Mixer. Come celebrate the end of 2018, and the culmination of Schmoozd's fascinating year, on Thursday, November 8th (6pm)! Grab a drink and network with 300 other members of the Schmoozd community. Check out 10 NEW startups showcase their latest launch. See http://www.socaltech.com/calendar/eventid/26273 November 8, Santa Monica -- *Shift Happens: Digital Transformation and Business* SHIFT HAPPENS: DIGITAL TRANSFORMATION AND BUSINESS. Cross Campus. Worldwide spending on digital transformation technologies -- hardware, software, and services -- hit $1.3 trillion in 2017. Spending is expected to almost double between now and 2021 when the total amount spent on digitalization globally will surpass $2.1 trillion. Technology impacts every industry and the way we conduct business. Digital transformation, the modernization of IT infrastructure, speeds business change, provides companies with competitive differentiation, and increases value – not only with customers but also of the digitally transformed company itself. See http://www.socaltech.com/calendar/eventid/26275 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 November 15, Costa Mesa -- *Advancing Women in Technology (AWT) 17th Annual Wine Tasting & Scholarship Fundraiser* 17th Annual Advancing Women in Technology Wine Tasting & Scholarship Fundraiser. Join in the celebration on Thursday, November 15 as we recognize this year’s scholarship recipients and our 2018 Rising Women and Outstanding Executives in Technology. Enjoy wine tasting, a light dinner, a fantastic silent auction, and networking with our tech community. See http://www.socaltech.com/calendar/eventid/26274 November 26, Los Angeles -- *AutoMobility LA - LA Auto Show* AutoMobility LA. AutoMobility LA 2018 will take place November 26-29 at the Los Angeles Convention Center. AutoMobility LA is the industry's first trade show converging the technology and automotive industries to launch new products and technologies and to discuss the most pressing issues surrounding the future of transportation and mobility. See http://www.socaltech.com/calendar/eventid/26122 November 27, Los Angeles -- *AutoMobility LA - LA Auto Show* AutoMobility LA. AutoMobility LA 2018 will take place November 26-29 at the Los Angeles Convention Center. AutoMobility LA is the industry's first trade show converging the technology and automotive industries to launch new products and technologies and to discuss the most pressing issues surrounding the future of transportation and mobility. See http://www.socaltech.com/calendar/eventid/26123 November 28, Los Angeles -- *AutoMobility LA - LA Auto Show* AutoMobility LA. AutoMobility LA 2018 will take place November 26-29 at the Los Angeles Convention Center. AutoMobility LA is the industry's first trade show converging the technology and automotive industries to launch new products and technologies and to discuss the most pressing issues surrounding the future of transportation and mobility. See http://www.socaltech.com/calendar/eventid/26124 November 29, Los Angeles -- *AutoMobility LA - LA Auto Show* AutoMobility LA. AutoMobility LA 2018 will take place November 26-29 at the Los Angeles Convention Center. AutoMobility LA is the industry's first trade show converging the technology and automotive industries to launch new products and technologies and to discuss the most pressing issues surrounding the future of transportation and mobility. See http://www.socaltech.com/calendar/eventid/26125 November 30, Los Angeles -- *LA Auto Show* LA Auto Show.Last year, the global show had 1,000 of the latest models, vehicle debuts, and concept cars on display and this year, the expectation is no different. See http://www.socaltech.com/calendar/eventid/26240 ------------------------------ *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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