*socaltech.com <http://socaltech.com> TechNews - Thursday, December 13, 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 * - Volvo Planning Major Electric Truck Rollout In LA <#m_8633822757223676142_0076814> - Apple Plans New Sites, Hiring In Culver City, San Diego <#m_8633822757223676142_0076810> - Virgin Galactic Planning Fourth Set Of Powered Spaceship Tests Today <#m_8633822757223676142_0076813> - Medsphere Raises $32M For Healthcare IT, EHR Software <#m_8633822757223676142_0076809> - Brain Corp Taps NVIDIA Hardware For AI Efforts <#m_8633822757223676142_0076812> - The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle <#m_8633822757223676142_0076807> - Overwatch League Expands Events Beyond LA <#m_8633822757223676142_0076804> - Happiest Baby Adds $23M For Baby Soothing Bed <#m_8633822757223676142_0076799> *Marketplace* - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_8633822757223676142_ad717> - Stubbs Alderton & Markiles Preccelerator <#m_8633822757223676142_ad694> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_8633822757223676142_ad611> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_8633822757223676142_ad596> *Thursday, December 13, 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. *Volvo Planning Major Electric Truck Rollout In LA* <http://www.socaltech.com/fullstory/0076814.html> Volvo Trucks North America, the truck manufacturing arm of Volvo, says it plans on a major rollout of electric cars in the Los Angeles area, starting next year. According to Volvo, it will roll out 23, heavy-duty battery-electric trucks in 2019 and 2020, in Ontario, Chino, Fontana and Placentia, as part of a grant from the South Coast Air Quality Management District (SCAQMD). The grant--worth $44. (More... <http://www.socaltech.com/fullstory/0076814.html>) *Apple Plans New Sites, Hiring In Culver City, San Diego* <http://www.socaltech.com/fullstory/0076810.html> Cupertino-based Apple said this morning that it plans to open up new sites in San Diego and Culver City, one of several cities that the computer and device maker hopes to grow its employee base over the next three years. According to Apple, it's hoping to grow by a combined 1,000 employees split between Seattle, San Diego, and Culver City, in addition to a separate, big expansion and new campus in Austin. (More... <http://www.socaltech.com/fullstory/0076810.html>) *Virgin Galactic Planning Fourth Set Of Powered Spaceship Tests Today* <http://www.socaltech.com/fullstory/0076813.html> Mojave-based Virgin Galactic, which is designing spacecraft designed to carry passengers to space for space tourism, said this morning that it will be running the fourth powered test flight of its SpaceShipTwo vehicle today, Thursday. The company said this test will burn the rocket motor attached to the vehicle longer than it has in flight before, but not to its full duration. (More... <http://www.socaltech.com/fullstory/0076813.html>) *Medsphere Raises $32M For Healthcare IT, EHR Software* <http://www.socaltech.com/fullstory/0076809.html> Carlsbad-based Medsphere Systems Corporation, a provider of healthcare information technology solutions and services, annoucned this morning that it has raised $32M in a funding round. The funding came from Morgan Stanley Expansion Capital and East West Bank. Medsphere, which is led by president and CEO Irv Lichtenwald, offers up a subscription-based electronic health record, charting, and other software, in addition to providing healthcare IT consulting, service desk, and other services. (More... <http://www.socaltech.com/fullstory/0076809.html>) *Brain Corp Taps NVIDIA Hardware For AI Efforts* <http://www.socaltech.com/fullstory/0076812.html> San Diego-based artificial intelligence software developer Brain Corp says it has linked up with processor developer NVIDIA, to power its latest product, an earlier announced commercial vacuum cleaner from SoftBank Robotics. According to Brain, it selected NVIDIA's Jetson to run its software for its self-driving robot technology, which SoftBank Robotics is rolling out to commercial customers in Japan next year. (More... <http://www.socaltech.com/fullstory/0076812.html>) *The Riveter Takes $15M To Expand Beyond Los Angeles, Seattle* <http://www.socaltech.com/fullstory/0076807.html> Female co-working space operator The Riveter--which operates coworking space both in West Los Angeles and Marina Del Rey--said this week that it has raise $15M in a Series A funding round. The funding came from Alpha Edison, and Madrona Venture Group, plus such angels as Annie-Marie Slaughter (New America), Liz Lange (fashion designer), and Blake Mycoskie (TOMS Shoes). (More... <http://www.socaltech.com/fullstory/0076807.html>) *Overwatch League Expands Events Beyond LA* <http://www.socaltech.com/fullstory/0076804.html> The Overwatch League, the e-sports league run by Blizzard Entertainment around its title of the same name, is making its first event expansions beyond Los Angeles. In the announcement of its 2019 schedule, The Overwatch League said that it will run events in Dallas, Texas and Atlanta, in addition to Los Angeles, as it adds two "home" teams in Atlanta and Dallas--the Atlanta Reign and the Dallas Fuel. (More... <http://www.socaltech.com/fullstory/0076804.html>) *Happiest Baby Adds $23M For Baby Soothing Bed* <http://www.socaltech.com/fullstory/0076799.html> Los Angeles-based Happiest Baby, the developer of a "smart" crib which automatically soothes babies to sleep, depending on their activity level and fussiness, has raised $23M in Series B funding, the company said this morning. The funding was led by Greycroft Partners, and also included Sallfort Bank and GV; the startup is also backed by Google Ventures, Greycroft, Lux, Obvious Ventures, Felecis Ventures plus Justin Timberlake and Scarlett Johansson. (More... <http://www.socaltech.com/fullstory/0076799.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. *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] ------------------------------ *Recent Funding <#m_8633822757223676142_funding>* 12/11/18 Jaanuu <http://www.socaltech.com/intelligence/?action=showdeal&id=94561> El Segundo $15.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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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