*socaltech.com <http://socaltech.com> TechNews - Friday, February 8, 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. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------ *Headlines * - Interview With Brian McCarthy, Dentistry.com <#m_-7645671469725589636_0077301> - Harry Potter: Hogwarts Mystery Rolls Out Special Adventure <#m_-7645671469725589636_0077303> - GOAT Gets $100M From Foot Locker <#m_-7645671469725589636_0077299> - CrowdfundX Acquired By Issuance <#m_-7645671469725589636_0077296> - Kofax Buys Top Image Systems <#m_-7645671469725589636_0077295> - Power Digital Marketing Picks Up Funding Round <#m_-7645671469725589636_0077294> - Tech Coast Angels Get Big Exit At Parcel Pending <#m_-7645671469725589636_0077293> - MyCivic Acquired By Tyler Technologies <#m_-7645671469725589636_0077290> *Marketplace* - Peak - Facilitated Annual Leadership Team Planning for Emerging Companies by Collective Genius <#m_-7645671469725589636_ad741> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-7645671469725589636_ad729> - Stubbs Alderton & Markiles Preccelerator <#m_-7645671469725589636_ad694> - Square 1 Bank <#m_-7645671469725589636_ad695> - Stradling <#m_-7645671469725589636_ad608> *Friday, February 8, 2019* *Interview With Brian McCarthy, Dentistry.com* <http://www.socaltech.com/fullstory/0077301.html> How do you take and create an entrepreneurial environment, within a big corporation? We sat down with Brian McCarthy, SVP of Dentistry.com ( www.dentistry.com), a “startup” within a much larger company Futuredontics, which itself is a part of a big company called Sirona. McCarthy is a veteran of the local online marketing and startup space, having worked at such companies as Search123 (sold to ValueClick in 2003), Revver. (More... <http://www.socaltech.com/fullstory/0077301.html>) *Harry Potter: Hogwarts Mystery Rolls Out Special Adventure* <http://www.socaltech.com/fullstory/0077303.html> Los Angeles-based mobile game studio Jam City is continuing to enhance its popular game title, Harry Potter: Hogwarts Mystery, saying this morning that it is launching a new "side quest" within the game, called the Celestial Ball. The new adventure will focus on "The Celestial Ball", a social event focused on a virtual formal dance. Jam City said activities include inviting friends to the ball, choosing their own outfit, and quests to help others in preparation of the ball. (More... <http://www.socaltech.com/fullstory/0077303.html>) *GOAT Gets $100M From Foot Locker* <http://www.socaltech.com/fullstory/0077299.html> Los Angeles-based footwear trading site Goat Group, founded by Eddy Lu and Daishin Sugano, has raised a big, $100M funding round from footwear retailer Foot Locker, the two announced on Thursday. According to the company, the move also will include exclusive shopping opportunities and joint efforts in Foot Locker's physical stores. New York-based Foot Locker said the strategic minority investment came through its subsidiary in 1661, Inc. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=50794>)(More... <http://www.socaltech.com/fullstory/0077299.html>) *CrowdfundX Acquired By Issuance* <http://www.socaltech.com/fullstory/0077296.html> Los Angeles-based CrowdfundX, which provided direct-to-investor retail marketing of digital securities, said on Thursday that it has been acquired by Issuance, the developer of a private placement and capital formation platform. Financial terms of the acquisition were not announced. CrowdfundX was founded by Darren Marble, and offered up retail marketing of Reg A+ IPOs. The company said it marketed offerings to the NASDAQ (FAT Brands), NYSE (Myomo) and OTC Markets Group (Elio Motors). (More... <http://www.socaltech.com/fullstory/0077296.html>) *Kofax Buys Top Image Systems* <http://www.socaltech.com/fullstory/0077295.html> Irvine-based software developer *Kofax <http://www.kofax.com>* said this week that it is acquiring *Top Image Systems Ltd*, a developer of cloud- and premise-based applications use to manage "content-driven" business processes. Kofax is paying around $16M for Top Image Systems, which was based in Israel. Kofax said the acquisition will help it further advance the secure cloud capabilities of its platform. The deal is expected to close by the end of June.(More... <http://www.socaltech.com/fullstory/0077295.html>) *Power Digital Marketing Picks Up Funding Round* <http://www.socaltech.com/fullstory/0077294.html> San Diego-based *Power Digital Marketing <http://www.powerdigitalmarketing.com>*, a digital marketing agency has raised a round of funding, from private equity investor Periscope Equity. Financial details of the investment were not announced. Power Digital Marketing is led by CEO Grayson Lafrenz and co-founder Robert Rodrigues. The company says it offers up content marketing, SEO, paid marketing, social media marketing, and other related services. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=95480> )(More... <http://www.socaltech.com/fullstory/0077294.html>) *Tech Coast Angels Get Big Exit At Parcel Pending* <http://www.socaltech.com/fullstory/0077293.html> The Tech Coast Angels (TCA), Southern California's big angel network, says it has seen a successful exit in its investment in Parcel Pending, a provider of package management solutions. According to the TCA, its members realized an 80 percent IRR on their investment in Parcel Pending, after its $100M acquisition on January 22nd by Neopost. The Tech Coast Angels were part of the $1.25 million original funding of Parcel Pending in 2014. ( More... <http://www.socaltech.com/fullstory/0077293.html>) *MyCivic Acquired By Tyler Technologies* <http://www.socaltech.com/fullstory/0077290.html> Seal Beach-based MyCivic, a developer of apps used by local governments to engage with their citizens, has been acquired by Texas-based Tyler Technologies, Tyler Technologies said on Thursday. Financial details of the acquisition were not announced. MyCivic was founded in 2011, and employs 12. MyCivic's founder, T.J. Sokoll, becomes Vice President of Product Strategy within Tyler's Local Government Division. (More... <http://www.socaltech.com/fullstory/0077290.html>) *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. *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 *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/ *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]. *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. ------------------------------ *Recent Funding <#m_-7645671469725589636_funding>* 2/07/19 Power Digital Marketing <http://www.socaltech.com/intelligence/?action=showdeal&id=95480> San Diego $0.00 M 2/07/19 GOAT <http://www.socaltech.com/intelligence/?action=showdeal&id=95481> Los Angeles $100.00 M 2/05/19 Signal Sciences <http://www.socaltech.com/intelligence/?action=showdeal&id=95354> Venice $35.00 M 1/31/19 Avinew <http://www.socaltech.com/intelligence/?action=showdeal&id=95304> Westlake Villlage $5.00 M 1/30/19 FabFitFun, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=95301> Beverly Hills $80.00 M 1/30/19 Acorns <http://www.socaltech.com/intelligence/?action=showdeal&id=95302> Irvine $105.00 M 1/25/19 Trust & Will <http://www.socaltech.com/intelligence/?action=showdeal&id=95160> San Diego $2.00 M 1/24/19 Modulated Imaging <http://www.socaltech.com/intelligence/?action=showdeal&id=95159> Irvine $7.00 M 1/24/19 Wheels <http://www.socaltech.com/intelligence/?action=showdeal&id=95158> Los Angeles $37.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html February 11, San Luis Obispo -- *Reducing the cost of going electric* Reducing the cost of going electric. SLO Techbrew. A 220V Novel Solution! Electric Car Buff? Join us Monday - 2/11/19. One of the obstacles potential new car buyers have to consider when buying an electric vehicle is the feasibility of how & when they’ll recharge it. If the cost to hire an electrician is one reason you’re eliminating the option for an electric vehicle (EV), there’s a new option on the horizon. Why not use a 2-way splitter from your existing 220V outlet? Oh wait, that doesn’t exist! Or does it? NeoCharge is an idea that sprouted a new startup in SLO with a novel solution you will soon be hearing more about. Founder Spencer Harrison has answered the entrepreneurial call: find a problem and solve it! Given Volkswagen’s commitment to mass produce affordable electric cars in the near future, NeoCharge is positioning themselves to be in the right place at the right time. On 2/11/19, come hear the NeoCharge story and join us for a lively discussion on the future of electric cars. See http://www.socaltech.com/calendar/eventid/26352 February 11, Thousand Oaks -- *An Evening With Dae Bogan, Dae Bogan Music* An Evening With Dae Bogan, Dae Bogan Music, CLU Entrepreneur Speaker Series. See http://www.socaltech.com/calendar/eventid/26353 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 February 14, Costa Mesa -- *IP Protection Strategies For Start-Ups* TCVN Legal Program #2: IP Protection Strategies For Start-Ups. TCVN now features four educational tracks in four specific areas. The four tracks are: Legal, Execution, Finance, and Marketing and will consist of a series of five, consecutive monthly programs designed to give the entrepreneur a comprehensive overview of each area. See http://www.socaltech.com/calendar/eventid/26346 February 19, Santa Monica -- *Seed Stage Startup Pitch Competition* Seed Stage Startup Pitch Competition. Startup Coil. L.A. startups and entrepreneurs pitch on stage for product, business model, and investing feedback, and one winner will take home a valuable prize package. See http://www.socaltech.com/calendar/eventid/26342 February 19, Santa Monica -- *Start-Up Options for Rapid Development, Funding, and Commercialization* Start-Up Options for Rapid Development, Funding, and Commercialization. LAVA. 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. See http://www.socaltech.com/calendar/eventid/26348 February 19, Los Angeles -- *CTO Mixer Cruise w/ Google's Denny Vrandecic Speaking about Wikidata & more* CTO Mixer Cruise w/ Google's Denny Vrandecic.On Tuesday, February 19th @ 6pm, LA CTO Mixers will set sail with Google's Denny Vrandecic who will be giving a presentation on Wikidata and beyond, followed by a demo by John Herzog on the use of screen readers. See http://www.socaltech.com/calendar/eventid/26351 February 20, Los Angeles -- *LAEDC Economic Forecast 2019* LAEDC Economic Forecast 2019. Panel discussion: Agents of Innovation: LA County Businesses Shaping The Future Economy. One of the first events of its kind in Los Angeles, The LAEDC's annual Economic Forecast has long been a lightning rod for cultivating meaningful economic advancement within our city. For the past 10+ years, our region's top influencers gather to ask the most pressing questions, take on challenging issues, and shape the relationships which keep LA strong. See http://www.socaltech.com/calendar/eventid/26347 February 23, Pasadena -- *Quantum Computing: From Physics Lab to Applications* Quantum Computing: >From Physics Lab to Applications. Caltech Entrepreneurs Forum. Quantum computing is moving from lab experiments to real devices; but as with other disruptive computing innovations, what will be applications be? Will it be limited to a handful of niche scientific and government uses or will there be broad applications? And what of software platforms will be needed to leverage these devices? Our February Forum will address these questions and others with a panel of researchers, industry experts and entrepreneurs building companies in the quantum spac. See http://www.socaltech.com/calendar/eventid/26350 ------------------------------ *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 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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