*socaltech.com <http://socaltech.com> TechNews - Tuesday, December 11, 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. 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 ------------------------------ *Headlines * - Interview with Jordan Glazier, Wildfire Systems <#m_4501621958563886582_0076780> - 8minuteenergy In $200M Solar Power Joint Venture With J.P. Morgan, Upper Bay <#m_4501621958563886582_0076781> - Veritone Gets Acquisition Bid From Apis Capital Management <#m_4501621958563886582_0076782> - Trovata Gets Seed Funding From J.P. Morgan <#m_4501621958563886582_0076783> - Sonos Names Chief Legal Officer <#m_4501621958563886582_0076777> - SpaceX Running Fairing Catch Tests Near Catalina Island <#m_4501621958563886582_0076776> - Good Money, Founded by Thrive's Gunnar Lovelace, Gains $30M For Digital Bank <#m_4501621958563886582_0076772> *Marketplace* - Stubbs Alderton & Markiles Preccelerator <#m_4501621958563886582_ad694> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_4501621958563886582_ad611> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_4501621958563886582_ad596> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_4501621958563886582_ad188> *Tuesday, December 11, 2018* *Peak - Facilitated Annual Leadership Team Planning for Emerging Companies by Collective Genius <https://collective-genius.com/getting-to-peak/>* If you wanted to reach the peak of Mount Everest, you wouldn’t just gather a few friends, buy some supplies, and start hiking. Similar to building a growth company, you wouldn’t just hire a few people, build some products, and win a market. Peak is a facilitated annual leadership team planning session for emerging growth companies. It's a one day leadership team session to create company focus and clarity around a three year vision, one year plan, and quarterly priorities. With the vision and plan set, Peak provides leadership tools and systems to keep the team on track. To learn more contact us to schedule a 45 minute walk through at [email protected] or 1.424.259.3036. Collective Genius - Leadership Planning and Recruiting for Emerging Growth Companies. http://www.collective-genius.com. *Interview with Jordan Glazier, Wildfire Systems* <http://www.socaltech.com/fullstory/0076780.html> Anyone knows that word-of-mouth recommendations--whether from friends, family, or influencers--carries a huge amount of weight when you're making purchasing decisions. (More... <http://www.socaltech.com/fullstory/0076780.html>) *8minuteenergy In $200M Solar Power Joint Venture With J.P. Morgan, Upper Bay* <http://www.socaltech.com/fullstory/0076781.html> Los Angeles-based 8minuteenergy Renewables, a private solar and energy storage developer, said it has entered into a joint venture with J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partners, which will provide over $200M in capital for 8minutenergy's pipeline of products. According to the firms, the joint venture will support 8minuteenergy's 10.7 gigawatt pipeline of projects. 8minuteenergy builds utility-scale solar projects. (More... <http://www.socaltech.com/fullstory/0076781.html>) *Veritone Gets Acquisition Bid From Apis Capital Management* <http://www.socaltech.com/fullstory/0076782.html> Costa Mesa-based Veritone, a developer of artificial intelligence software, said it has received an unsolicited acquisition bid from private equity firm Apis Capital Management. According to Veritone, Apis has offered to acquire all of its outstanding shares for $10.26 per share in cash. Veritone said the proposal is an increase from an earlier offer to pay $8.00 per share in cash for the company, which it received on December 4th from Apis. (More... <http://www.socaltech.com/fullstory/0076782.html>) *Trovata Gets Seed Funding From J.P. Morgan* <http://www.socaltech.com/fullstory/0076783.html> San Diego-based Trovata, a company developing cash automation software for the treasury management market, has raised a round of seed funding, led by J.P. Morgan, according to the company. Size of the investment round was not announced. According to Trovata, it has developed a cash automation platform built on open banking for finance and treasury operations, which is currently in a pilot with Square and JPMorgan Chase & Co. (More... <http://www.socaltech.com/fullstory/0076783.html>) *Sonos Names Chief Legal Officer* <http://www.socaltech.com/fullstory/0076777.html> Santa Barbara-based Sonos said on Monday that it has named a new Chief Legal Officer. According to the firm, Eddie Lazarus, who was most recently General Counsel and Chief Strategy Officer for Tribune Media Company from 2013 to 2018, will join the company in Santa Barbara on January 2nd. Sonos said Lazarus will head up all legal, corporate governance, SEC reporting, government affairs, regulatory and compliance activities across Sonos' global operations. (More... <http://www.socaltech.com/fullstory/0076777.html>) *SpaceX Running Fairing Catch Tests Near Catalina Island* <http://www.socaltech.com/fullstory/0076776.html> Hawthorne-based SpaceX, in an attempt to further hone its technology to be able to catch the rocket fairings off of its spacecraft, was running a test on Monday afternoon off the back side of Catalina Island, dropping that fairing to Mr. Steven, its fairing-catching marine vessel. According to both aircraft and marine traffic tracking systems, SpaceX made its latest drop at around 2:30pm, letting go of its fairing from 10,800 feet. (More... <http://www.socaltech.com/fullstory/0076776.html>) *Good Money, Founded by Thrive's Gunnar Lovelace, Gains $30M For Digital Bank* <http://www.socaltech.com/fullstory/0076772.html> Good Money, a new Los Angeles digital banking startup founded by Gunnar Lovelace, the co-founder of Thrive Market, announced on Monday that it has raised $30M in a Series A funding round. The funding was led by Galaxy Digital via its Galaxy EOS VC Fund with investments from Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, Blockchange Ventures, Cross Culture Capital, Troy Carter, Mitch Kapor, Peter Diamandis, Blake Mycoskie, Justin Rosenstein, and others. (More... <http://www.socaltech.com/fullstory/0076772.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/ *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 *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] *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_4501621958563886582_funding>* 12/10/18 AlphaTrAi <http://www.socaltech.com/intelligence/?action=showdeal&id=94532> Los Angeles $0.00 M 12/06/18 WhiteFox Drone Defense <http://www.socaltech.com/intelligence/?action=showdeal&id=94518> San Luis Obispo $12.00 M 12/04/18 Freeletics <http://www.socaltech.com/intelligence/?action=showdeal&id=94355> Los Angeles $45.00 M 11/30/18 Viacyte <http://www.socaltech.com/intelligence/?action=showdeal&id=94286> San Diego $80.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html December 11, Long Beach -- *Institute for Innovation & Entrepreneurship* Financials: Projections & Using a Spreadsheet w/ Dr. Pia Gupta. CSULB Institute for Innovation & Entrepreneurship. This workshop will focus on how to set up and integrate your financial projections into your business plan. This is a CRITICAL part of your business plan – and may determine whether you get in front of a potential investor or not. Dr. Pia Gupta (Associate Professor of Finance at CSULB) will lead a discussion on the Financial Projections workshop and MBA alumni/Incubator co-founders will be there to provide one-on-one support. . See http://www.socaltech.com/calendar/eventid/26287 December 12, Los Angeles -- *11th Annual Digital Family Reunion* *NEW* . See http://www.socaltech.com/calendar/eventid/26289 December 13, Palos Verdes -- *South Bay Monday Club Member Holiday Lunch* South Bay Monday Club Member Holiday Lunch. Email [email protected]. See http://www.socaltech.com/calendar/eventid/26285 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 December 14, San Diego -- *Stradling Office Hours @ CONNECT, Dec 14* Office Hours @ CONNECT with Stradling. Amit Singh is a shareholder in Stradling’s Corporate and Securities practice group and is a member of the firm's Mergers & Acquisitions and Emerging Growth practice groups. Amit has extensive experience advising emerging growth companies and the investors that finance them.. See http://www.socaltech.com/calendar/eventid/26286 December 19, Westlake Village -- *2018 ACG 101 Holiday Reception and Spark of Love Toy Drive* 2018 ACG 101 Holiday Reception and Spark of Love Toy Drive. ACG 101 Corridor Chapter. See http://www.socaltech.com/calendar/eventid/26288 ------------------------------ *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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