*socaltech.com <http://socaltech.com> TechNews - Tuesday, November 27, 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 * - Cyber Monday Sales Hit $7.9 Billion <#m_5824245993509309727_0076641> - CalAmp To Supply Fleet Tracking Products To Telefonica In Mexico <#m_5824245993509309727_0076643> - DataDirect Networks Links With AI Service Provider <#m_5824245993509309727_0076642> - Camp, Woolsey Wildfires Losses To Hit As Much As $19 Billion <#m_5824245993509309727_0076644> - Brain Corp Powers New SoftBank AI Robot <#m_5824245993509309727_0076637> - FirstElement Fuel Inks Deal With Air Liquide For Hydrogen Fuel Cell Network <#m_5824245993509309727_0076631> - Elon Musk: 70 Percent Chance He'll Go To Mars <#m_5824245993509309727_0076630> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_5824245993509309727_ad717> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_5824245993509309727_ad188> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_5824245993509309727_ad729> - Square 1 Bank <#m_5824245993509309727_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_5824245993509309727_ad694> *Tuesday, November 27, 2018* *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. *Cyber Monday Sales Hit $7.9 Billion* <http://www.socaltech.com/fullstory/0076641.html> Cyber Monday sales figures this year are expected to hit $7.9 billion, according to Adobe, saying that online sales this year are a 19.7 percent increase year-over-year. The company--which calculated the numbers at 7:00 p.m. ET last night--said that sales on Thanksgiving Day totaled $3.7 billion (up 28 percent year-over-year) and sales on Black Friday were $6.2 billion (up 23.6 percent year-over-year). Adobe said that the full season's totals, covering November 1st to 26th, totaled $58. (More... <http://www.socaltech.com/fullstory/0076641.html>) *CalAmp To Supply Fleet Tracking Products To Telefonica In Mexico* <http://www.socaltech.com/fullstory/0076643.html> Irvine-based CalAmp says this morning that it has inked a deal with Telefonica, where it will provide its fleet management and stolen vehicle recovery products in Mexico. According to CalAmp, the deal will help telematics service providers and fleet management customers transition from 2G to 3G services in Mexico, with expansion expected later to other Latin American and European markets. Financial details of the deal were not annoucned. (More... <http://www.socaltech.com/fullstory/0076643.html>) *DataDirect Networks Links With AI Service Provider* <http://www.socaltech.com/fullstory/0076642.html> DataDirect Networks (DDN), which develops storage arrays for high performance computing and similar applications, says it is powering a provider of artificial-intelligence-as-a-service. (More... <http://www.socaltech.com/fullstory/0076642.html>) *Camp, Woolsey Wildfires Losses To Hit As Much As $19 Billion* <http://www.socaltech.com/fullstory/0076644.html> Irvine-based property information provider CoreLogic said today that it has calculated residential and commercial loss estimates for the recent catastrophic Camp and Woolsey wildfires in California, saying those losses are estimated to total between $15 billion and $19 billion. According to CoreLogic, it estimates between $11 billion and $13 billion in losses due to the Camp Fire in Paradise, with total losses from Southern California's Woolsey Fire to be another $4 billion to $6 billion. (More... <http://www.socaltech.com/fullstory/0076644.html>) *Brain Corp Powers New SoftBank AI Robot* <http://www.socaltech.com/fullstory/0076637.html> S (More... <http://www.socaltech.com/fullstory/0076637.html>) *FirstElement Fuel Inks Deal With Air Liquide For Hydrogen Fuel Cell Network* <http://www.socaltech.com/fullstory/0076631.html> Irvine-based FirstElement Fuel, a company developing a network of hydrogen fuel cell fueling stations, says it entered into an agreement with Air Liquide, where Air Liquide will invest more than $150M for a new liquid hydrogen production facility to supply FirstElement Fuel's hydrogen stations. According to FirstElement Fuel, the $150M investment by Air Liquide will go toward a long-term supply agreement for its True Zero hydrogen station program. (More... <http://www.socaltech.com/fullstory/0076631.html>) *Elon Musk: 70 Percent Chance He'll Go To Mars* <http://www.socaltech.com/fullstory/0076630.html> Elon Musk, the Los Angeles technology mogul behind SpaceX and Tesla Motors, says there is 70 percent chance he'll go to Mars--likely, on a one way ticket. In an interview for HBO, Musk said he expects to "move there", although he likened the experience to that of Shackleton going to the Antarctic and struggling to survive. One of Musk's big goals with SpaceX has been the development of passenger carrying rockets, intended to eventually carry mankind to Mars and beyond. (More... <http://www.socaltech.com/fullstory/0076630.html>) *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact [email protected] for more information and mention Socal Tech for special industry rates. *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 *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 *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]. *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/ ------------------------------ *Recent Funding <#m_5824245993509309727_funding>* 11/21/18 PlayVS <http://www.socaltech.com/intelligence/?action=showdeal&id=94252> Santa Monica $30.50 M 11/07/18 Mirium Pharmaceuticals <http://www.socaltech.com/intelligence/?action=showdeal&id=94247> San Diego $120.00 M 11/06/18 Engineer.ai <http://www.socaltech.com/intelligence/?action=showdeal&id=94246> Los Angeles $29.50 M 11/02/18 Syntiant <http://www.socaltech.com/intelligence/?action=showdeal&id=94171> Irvine $25.00 M 11/01/18 RingDNA, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=94170> Sherman Oaks $10.00 M 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 WAYV <http://www.socaltech.com/intelligence/?action=showdeal&id=94129> Los Angeles $5.00 M 10/30/18 LegalZoom.com <http://www.socaltech.com/intelligence/?action=showdeal&id=94128> Glendale $0.00 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 Cujo AI <http://www.socaltech.com/intelligence/?action=showdeal&id=94059> El Segundo $0.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 December 1, 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/26241 December 1, Los Angeles -- *The In.flux Reality Mixer* The In.flux Reality Mixer. The In.flux Reality Mixer is a quarterly innovation lounge. Mixed reality art meets provocative conversations, a hosted bar and signature small bites. See http://www.socaltech.com/calendar/eventid/26257 December 2, 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/26242 December 3, 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/26243 December 4, 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/26244 December 5, 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/26245 December 6, 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/26246 December 7, 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/26247 December 8, 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/26248 December 9, 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/26249 December 14, Los Angeles -- *Financial Services Cybersecurity Roundtable* Financial Services Cybersecurity Roundtable. Special Guest: Joseph Moussiaux, City National Bank, is a retired Special Agent of the U.S. Department of Justice and is currently a Corporate Security Investigator at City National Bank. Joe was instrumental on numerous investigative cases leading to the arrest and conviction of the illicit use of bitcoin. He will provide an overview on bitcoin: how and where it’s purchased, mined, used for illicit purposes, what is a block-chain, a digital wallet, and more. See http://www.socaltech.com/calendar/eventid/26206 ------------------------------ *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 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. 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