*socaltech.com <http://socaltech.com> TechNews - Monday, January 28, 2019* 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 * - WhiteFox Defense: Solving The Drone Incursion Problem, with Luke Fox <#m_8275597738907227738_0077176> - ASGN Buys DHA Group For $46M <#m_8275597738907227738_0077179> - Masimo Gets FDA Clearance Of New Device <#m_8275597738907227738_0077178> - Apollo Robotics Names Executive Chairman <#m_8275597738907227738_0077177> - Tinder Settles Lawsuit Over Age Discrimination <#m_8275597738907227738_0077174> - LA's Slice Of Sauce Picked For Techstars Austin Program <#m_8275597738907227738_0077172> - Trust and Will Finds $2M <#m_8275597738907227738_0077168> - Virgin Galactic Cuts 40 Employees <#m_8275597738907227738_0077164> - SpaceX Completes Static Fire Testing On Crew Dragon <#m_8275597738907227738_0077162> - Two Bit Circus Expands Interactive Shows, Experiences <#m_8275597738907227738_0077161> *Marketplace* - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_8275597738907227738_ad729> - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_8275597738907227738_ad188> - Stradling <#m_8275597738907227738_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_8275597738907227738_ad596> *Monday, January 28, 2019* *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. *WhiteFox Defense: Solving The Drone Incursion Problem, with Luke Fox* <http://www.socaltech.com/fullstory/0077176.html> For all of the positive uses of drone aircraft, there are many negatives, including issues around privacy, safety, and particularly, security—as demonstrated by the recent drone incursions at such airports like Gatwick, Heathrow, and Newark. Those airport drone incursions shut down Gatwick over the course of three days, which caused major delays at Heathrow and Newark. However, there is already the technology out there—from San Luis Obispo-based Whitefox Defense (www.whitefoxdefense. (More... <http://www.socaltech.com/fullstory/0077176.html>) *ASGN Buys DHA Group For $46M* <http://www.socaltech.com/fullstory/0077179.html> Calabasas-based IT and professional servies provider ASGN Incorporated announced this morning that it has acquired DHA Group Inc., a provider of mobility, cybersecurity, cloud, and IT services to the Federal Bureau of Investigation (FBI) and other federal customers. According to ASGN, it paid $46M in cash for DHA Group, which will part of its ECS Segment. DHA was founded in 1994, and has more than 200 employees. ASGN said that DHA had approximately $50M in revenues in 2018. (More... <http://www.socaltech.com/fullstory/0077179.html>) *Masimo Gets FDA Clearance Of New Device* <http://www.socaltech.com/fullstory/0077178.html> Irvine-based medical device manufacturer Masimo reports this mornign that it has received FDA clearance on a new device, on its MightySat Rx spot-check fingerprint pulse oximeter. According to Masimo, the clearance covers respiration rate (RRp), oxygen saturation (SpO2), pulse rate (PR), perfusion index (Pi), and Pleth Variability Index (PVi) measurements of its pulse oximeter. (More... <http://www.socaltech.com/fullstory/0077178.html>) *Apollo Robotics Names Executive Chairman* <http://www.socaltech.com/fullstory/0077177.html> Ventura-based Apollo Robotics, a startup developing autonomous drone surveying software, announced this morning that it has named Avi Reichental as its Executive Chairman. Reichental is the founder and CEO of XponentialWorks, which says it makes investments, provides corporate advisory and product development to artificial intelligence, digital manufacturing, 3D printing, robotics, and other companies. (More... <http://www.socaltech.com/fullstory/0077177.html>) *Tinder Settles Lawsuit Over Age Discrimination* <http://www.socaltech.com/fullstory/0077174.html> Los Angeles-based dating app developer Tinder has settled a lawsuit, filed against the company alleging age discrimination, and has agreed to stop charging different prices in California for its subscription services solely based on age. According to the settlement, Tinder will pay $17.25M to settle the lawsuit, which was filed shortly after the company introduced its "Tinder Plus" subscription service in 2015. That service had charged $9. (More... <http://www.socaltech.com/fullstory/0077174.html>) *LA's Slice Of Sauce Picked For Techstars Austin Program* <http://www.socaltech.com/fullstory/0077172.html> Los Angeles-based food startup Slice of Sauce, which makes unique "slices" of ketchup designed to make it easier to put sauce on burgers and other foods, has joined Techstars Austin, one of Techstars' many accelerator programs around the world. Slice of Sauce becomes part of the Techstars Austin 2019 class, which is held in Austin for the next three months, with a Demo Day on April 10th. Techstars also has a similar, general startup accelerator effort in Los Angeles, Techstars Los Angeles. (More... <http://www.socaltech.com/fullstory/0077172.html>) *Trust and Will Finds $2M* <http://www.socaltech.com/fullstory/0077168.html> San Diego-based Trust & Will, a startup which operates an online software tool to help people create their own estate plans, has raised $2M in a funding round, the company disclosed this week. The funding came from Techstars, Wolfpark Ventures, Rise of the Rest Seed Fund, Luma Launch, Halogen Ventures, Walket Capital, Western Technology Investment, plus angels. (More... <http://www.socaltech.com/fullstory/0077168.html>) *Virgin Galactic Cuts 40 Employees* <http://www.socaltech.com/fullstory/0077164.html> Mojave-based spacecraft developer Virgin Galactic has cut 40 employees, saying that it is looking "to position our organization for the drive to commercial operations." The cuts--first reported by NMPolitics.net, a New Mexico publication--also affected employees in Las Cruces, New Mexico. The layoffs at Virgin Galactic follow a 10 percent cut in employees by SpaceX just a couple of weeks ago. (More... <http://www.socaltech.com/fullstory/0077164.html>) *SpaceX Completes Static Fire Testing On Crew Dragon* <http://www.socaltech.com/fullstory/0077162.html> Hawthorne-based SpaceX has moved one step closer to launching its first Crew Dragon into space, saying on Thursday that it has completed a "static firing" test for a planned February launch. The test--conducted at Cape Canaveral at Launch Complex 39A--is a step along the way to what will be the first demonstration flight for the new SpaceX spacecraft. SpaceX is hoping to prove out the design for NASA for its own space capsule, to deliver U.S. (More... <http://www.socaltech.com/fullstory/0077162.html>) *Two Bit Circus Expands Interactive Shows, Experiences* <http://www.socaltech.com/fullstory/0077161.html> Los Angeles-based Two Bit Circus, which operates its own "micro-amusement park" featuring immersive technology and entertainment experiences, says it has launched a number of new immersive experiences and interactive shows to its program. The company says it is creating an "ever-changing" experience for its park goers. The company said the new features include "mystery puzzles", a feature on science storytelling, a "music meetup" series, and more. (More... <http://www.socaltech.com/fullstory/0077161.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 *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 *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a href="http://www.sycr.com";>http://www.sycr.com) Stradling Yocca Carlson & Rauth (“Stradling”) is a premier business law firm with over 125 attorneys and 10 offices in the western US. The offices are: Newport Beach, Santa Barbara, Santa Monica, San Diego, San Francisco - SOMA, San Francisco - Financial District, Sacramento, Reno, Denver, Seattle. The Firm’s corporate, litigation and public law practices are well known for their expertise and depth. Stradling's clients include emerging and high growth public and private companies as well as private equity funds, venture capital groups and their respective portfolio companies. Widely recognized for its expertise, responsiveness and outstanding client service, the Firm's size, structure, and culture allow it to provide the highest quality representation while maintaining the responsiveness and relationships commonly associated with smaller firms. *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_8275597738907227738_funding>* 1/25/19 Trust & Will <http://www.socaltech.com/intelligence/?action=showdeal&id=95160> San Diego $2.00 M 1/24/19 Wheels <http://www.socaltech.com/intelligence/?action=showdeal&id=95158> Los Angeles $37.00 M 1/24/19 Modulated Imaging <http://www.socaltech.com/intelligence/?action=showdeal&id=95159> Irvine $7.00 M 1/22/19 REX <http://www.socaltech.com/intelligence/?action=showdeal&id=95135> Woodland Hills $45.00 M 1/14/19 Wiliot <http://www.socaltech.com/intelligence/?action=showdeal&id=95066> San Diego $30.00 M 1/03/19 Forge Therapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=94796> San Diego $11.10 M 1/03/19 Verily <http://www.socaltech.com/intelligence/?action=showdeal&id=94814> South San Francisco $1000.00 M 12/20/18 AvantStay <http://www.socaltech.com/intelligence/?action=showdeal&id=94684> Los Angeles $5.00 M 12/20/18 Cloud Constellation Corporation <http://www.socaltech.com/intelligence/?action=showdeal&id=94795> Los Angeles $100.00 M 12/19/18 NantCell, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=94876> Culver City $30.00 M 12/19/18 Elementary Robotics <http://www.socaltech.com/intelligence/?action=showdeal&id=94682> Los Angeles $3.60 M 12/18/18 Seismic <http://www.socaltech.com/intelligence/?action=showdeal&id=94681> Solana Beach $100.00 M 12/13/18 Akero Therapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=94565> South San Francisco $70.00 M 12/13/18 Vyng <http://www.socaltech.com/intelligence/?action=showdeal&id=94563> Los Angeles $4.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html January 28, San Luis Obispo -- *Escape from Technology? SMV TechBrew* Escape from Technology? SMV TechBrew. The technology behind designing (and solving) escape rooms. Escape rooms are far more than just a passing fad. They challenge us, get us offline, and bring us together. As the popularity has exploded - the quality, sophistication, and overall experience have been enhanced through the novel use of both old & new technology. Escape room design is a constantly changing environment and the technology to support an escape room needs to adapt as well. Speaker: Will Ruoff, founder and creator of The Lock Boxx. See http://www.socaltech.com/calendar/eventid/26331 January 31, Los Angeles -- *Growth Capital Conference* Growth Capital Conference. Pitch to & Network with Investors: Angels,VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. See http://www.socaltech.com/calendar/eventid/26313 January 31, San Diego -- *Preparing Your Company for Sale* Preparing Your Company for Sale. CONNECT. Whether you are acquiring a company or looking to merge your company with another, there are significant operational, practical and legal steps you should take to ensure that your company maintains its value and remains an attractive partner through the transaction. Learn how to avoid the pitfalls in what promises to be a lively discussion among industry veterans from the technology, biotechnology and manufacturing industries. See http://www.socaltech.com/calendar/eventid/26295 February 4, Los Angeles -- *Digital Entertainment World 2019* Digital Entertainment World 2019. Described by Hollywood insiders, digital influencers and industry leaders throughout the world as a "must-attend" event, now in its 6th year Digital Entertainment World (DEW) is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2019 focuses on "The Power of Creativity and Influence" and will cover topics from OTT to Innovation to eSports to Millennials to Content Marketing to VR/AR to Music Rights to Startups, etc., as this theme guides all talks, discussions, meetings and presentations over the two days. See http://www.socaltech.com/calendar/eventid/26290 February 5, Los Angeles -- *Digital Entertainment World 2019* Digital Entertainment World 2019. Described by Hollywood insiders, digital influencers and industry leaders throughout the world as a "must-attend" event, now in its 6th year Digital Entertainment World (DEW) is where you want to be if you are in the business of creating or monetizing digital entertainment content. DEW 2019 focuses on "The Power of Creativity and Influence" and will cover topics from OTT to Innovation to eSports to Millennials to Content Marketing to VR/AR to Music Rights to Startups, etc., as this theme guides all talks, discussions, meetings and presentations over the two days. See http://www.socaltech.com/calendar/eventid/26291 February 6, Santa Monica -- *State of the City, Economic Sustainability Summit 2019: Shaping A Changing World | Santa Monica Chamber of Commerce* Santa Monica State of the City, Economic Sustainability Summit 2019: Shaping A Changing World. The Santa Monica Chamber of Commerce will hold its annual Economic Sustainability Summit including the State of the City at the SGI Auditorium in downtown Santa Monica. This event brings together the business and resident communities to hear from City Manager Rick Cole and Mayor Gleam Davis about the city’s newest initiatives and the economic report of the past year. Entrepreneurs speak to the latest trends and innovations regionally and globally. See http://www.socaltech.com/calendar/eventid/26327 February 6, Santa Monica -- *Founder Meet Funder* Founder Meet Funder (Invite Only). Founder Meet Funder focus on supporting entrepreneur growth by connecting them with mentors, influencers, and investors within the community. A special social sphere is created due to the culture and diversity of experience brought along the way to encourage everyone to help one other's business growth. See http://www.socaltech.com/calendar/eventid/26338 February 12, San Diego -- *Reverse Mergers Into Public Shells* Reverse Mergers Into Public Shells. CONNECT. This program will educate private issuers about the process of going public by merging with an existing public shell. See http://www.socaltech.com/calendar/eventid/26330 February 12, Los Angeles -- *Mobile LAVA Presents: Marketplaces* Mobile LAVA Presents: Marketplaces. Save the date for a thought provoking panel discussion on all things related to startup marketplace tech businesses, lead by Kiyan Yazdi of Mucker Capital, Los Angeles' Seed and "Pre-Seed" Stage Venture Fund. We’ll cover topics such as: • Fundraising • Monetization • acquisition & retention • AOV, LTV, and other KPIs • Planning for an exit • And more. See http://www.socaltech.com/calendar/eventid/26324 February 12, Santa Monica -- *Start-Up Options for Rapid Development, Funding, and Commercialization* Start-Up Options for Rapid Development, Funding, and Commercialization. LAVA Healthcare. Is VC funding the only way to develop and grow your company? Have you heard of accelerators, incubators, angles, and other resources for rapid development, funding, and growth of your start-up? Attend our LAVA event on February 19th as our distinguished panel will share their expertise and insight. Please join us on February 19th for an informative, interactive session and networking. See http://www.socaltech.com/calendar/eventid/26325 ------------------------------ *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. 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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