*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 13, 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 * - JibJab Acquired By Catapult Capital <#m_-1364653078977210155_0077343> - Cornerstone OnDemand Opens New Office In Utah <#m_-1364653078977210155_0077338> - Activision Blizzard To Slash Almost 800 Employees <#m_-1364653078977210155_0077342> - mTAB Buys Slideworx <#m_-1364653078977210155_0077340> - TigerConnect Teams With OpenTempo <#m_-1364653078977210155_0077341> - Scopely Says it Now Has $400M Run Rate <#m_-1364653078977210155_0077333> - Qualcomm Gets Exit At Eero <#m_-1364653078977210155_0077332> - Amazon Lockers Head To Coachella <#m_-1364653078977210155_0077331> *Marketplace* - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-1364653078977210155_ad611> - Square 1 Bank <#m_-1364653078977210155_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_-1364653078977210155_ad694> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_-1364653078977210155_ad741> *Wednesday, February 13, 2019* *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <+johnhuttin...@pacificunified.com>* 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 johnhuttin...@pacificunified.com *JibJab Acquired By Catapult Capital* <http://www.socaltech.com/fullstory/0077343.html> Los Angeles-based JibJab, which provides animated, personalized greeting cards and other social content, has been acquired by private equity investor Catapult Capital LLC, Catapult Capital announced this morning. Financial terms of the deal were not announced. JibJab's stable of electronic greeting cards allow users to send personalized videos for such things as birthdays, holidays, and other events. (More... <http://www.socaltech.com/fullstory/0077343.html>) *Cornerstone OnDemand Opens New Office In Utah* <http://www.socaltech.com/fullstory/0077338.html> Santa Monica-based cloud-based human capital and resources management software developer Cornerstone OnDemand announced this morning that it has opened up a new office in Utah, where it expects to hire up to 350 people. According to Cornerstone OnDemand, the new, 26,000 square foot office is in Sandy, Utah, which is a suburb of Salt Lake City in an area where the tech industry refers to itself as the "Silicon Slopes". (More... <http://www.socaltech.com/fullstory/0077338.html>) *Activision Blizzard To Slash Almost 800 Employees* <http://www.socaltech.com/fullstory/0077342.html> Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 bllion, up from the $7.02 billion it had in revenues for 2017. (More... <http://www.socaltech.com/fullstory/0077342.html>) *mTAB Buys Slideworx* <http://www.socaltech.com/fullstory/0077340.html> Anaheim-based mTAB, a developer of data analysis and visualization software, has acquired German company Slideworx GmbH, the company said on Tuesday. Financial terms of the acquisition were not announced. Slideworx develops visual analytics software. mTAB is led by CEO Alex Gelman, and is owned by private equity investor Milestone Partners. Hugo Ehrnreich the CEO of Slideworx, has become President Europe and Global CMO. (More... <http://www.socaltech.com/fullstory/0077340.html>) *TigerConnect Teams With OpenTempo* <http://www.socaltech.com/fullstory/0077341.html> Santa Monica-based healthcare communications software developer TigerConnect has inked a partnership with physician scheduling and labor analytics software developer OpenTempo, the two announced today in a deal which will provide closer integration between their tools. Financial details of the deal were not announced. (More... <http://www.socaltech.com/fullstory/0077341.html>) *Scopely Says it Now Has $400M Run Rate* <http://www.socaltech.com/fullstory/0077333.html> Los Angeles-based mobile game developer Scopely says it now has a $400M annual revenue run rate, which it attributes to its recent foray into Star Trek-themed mobile games. According to Javier Ferreira, the company's President and COO, its Star Trek title, Star Trek: Fleet Command resulted in an 80 percent jump in its revenues last year. Scopely says it now has 260 employees. (More... <http://www.socaltech.com/fullstory/0077333.html>) *Qualcomm Gets Exit At Eero* <http://www.socaltech.com/fullstory/0077332.html> San Diego-based Qualcomm has seen an exit at one of its Qualcomm Ventures portfolio companies, Wi-Fi mesh equipment maker Eero, which was acquired by Amazon on Monday. Financial terms of the acquisition were not announced. Eero had raised around $150M, from such investors as Menlo Ventures, First Round Capital, Shasta Ventures, Redpoint Ventures, Playground Global, Kindling Capital, Grishin Robotics, and others. (More... <http://www.socaltech.com/fullstory/0077332.html>) *Amazon Lockers Head To Coachella* <http://www.socaltech.com/fullstory/0077331.html> Need something for the annual music festival at Coachella? Amazon is looking to cater to the crowd of tech-savvy visitors to the popular festival, and said on Tuesday that it will be offering up its Lockers at on-site locations at Coachella during the two weekends of the festival in April. (More... <http://www.socaltech.com/fullstory/0077331.html>) *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. i...@socalip.com 805-230-1350 www.socalip.com *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 rchurch...@square1bank.com. *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/ *Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <https://collective-genius.com/>* 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/quarterly leadership team OKR planning session for emerging growth companies and venture capital firms. 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 and schedule a 45 minute walk through meeting contact us at p...@collective-genius.com or by phone 424.259.3036. Collective Genius - Planning and Recruiting for Emerging Growth Companies and Venture Capital Firms. www.collective-genius.com. ------------------------------ *Recent Funding <#m_-1364653078977210155_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 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 Verily <http://www.socaltech.com/intelligence/?action=showdeal&id=94814> South San Francisco $1000.00 M 1/03/19 Forge Therapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=94796> San Diego $11.10 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 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, Playa Vista -- *Unconscious Bias & Diversity* *NEW* . See http://www.socaltech.com/calendar/eventid/26355 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 February 26, Sant Monica -- *LAVA Digital: Investing with a Social Impact* *NEW* . See http://www.socaltech.com/calendar/eventid/26356 March 6, Westlake Village -- *ACG101 Food Manufacturers and Distributors* *NEW* . See http://www.socaltech.com/calendar/eventid/26354 March 7, Los Angeles -- *Global LAVA: Investing in Israeli Start-Ups* *NEW* . See http://www.socaltech.com/calendar/eventid/26357 ------------------------------ *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 b...@socaltech.com 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 customerserv...@socaltech.com ------------------------------ 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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