*socaltech.com <http://socaltech.com> TechNews - Friday, February 15, 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 Skyler Lucci, HeyTutor <#m_3639559064588686394_0077361> - REX Expands AI Powered Real Estate Brokerage To Orlando, Florida <#m_3639559064588686394_0077362> - Netflix LA Locked Down After Disgruntled Employee Makes Threat <#m_3639559064588686394_0077364> - Pulse Electronics Acquired By Yageo <#m_3639559064588686394_0077363> - Samsung To Open First Retail Stores, Including One In LA <#m_3639559064588686394_0077365> - Skylar Finds $8M For Perfume Startup <#m_3639559064588686394_0077358> - HauteLook Hacked, Millions Of Account Details Leaked By Hackers <#m_3639559064588686394_0077355> - Tech Coast Angels Hails Exit At CaseStack <#m_3639559064588686394_0077354> - Loop Media Unveils Streaming Media Service, Backed By $10M In Funding <#m_3639559064588686394_0077351> - Ixia Selected By Telefonica <#m_3639559064588686394_0077352> *Marketplace* - Become a Socaltech Supporter! <#m_3639559064588686394_ad724> - Square 1 Bank <#m_3639559064588686394_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_3639559064588686394_ad694> - Stradling <#m_3639559064588686394_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_3639559064588686394_ad596> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_3639559064588686394_ad741> *Friday, February 15, 2019* *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 *Interview with Skyler Lucci, HeyTutor* <http://www.socaltech.com/fullstory/0077361.html> Skyler Lucci is co-founder and CEO of Los Angeles-based HeyTutor ( www.heytutor.com), a startup which has created an online platform which connects and matches students with in-person tutors. The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. We caught up with Skyler to hear about HeyTutor, which already has 25 employees and is growing rapidly. (More... <http://www.socaltech.com/fullstory/0077361.html>) *REX Expands AI Powered Real Estate Brokerage To Orlando, Florida* <http://www.socaltech.com/fullstory/0077362.html> Woodland Hills-based REX, an online real estate brokerage, says it has opened up for business in Orlando, Florida, and hopes to expand to additional Florida cities over the next few months. According to REX< which is led by co-foudner and CEO Jack Ryan, it uses artificial intelligence and big data techniques to enable its residential real estate brokerage, allowing it to offer a fixed, two percent commission covering both sides of a real estate transaction. (More... <http://www.socaltech.com/fullstory/0077362.html>) *Netflix LA Locked Down After Disgruntled Employee Makes Threat* <http://www.socaltech.com/fullstory/0077364.html> The Los Angeles offices of online movie streaming service Netflix were briefly locked down late Thursday afternoon, after a disgruntled, recently fired employee allegedly said he had a gun and was in the company's parking lot. The lockdown was later lifted, after the disgruntled former-employee was taken into custody. No gun was found, and according to KTLA the man was ultimately released. The man apparently had been fired on Wednesday from Netflix. (More... <http://www.socaltech.com/fullstory/0077364.html>) *Pulse Electronics Acquired By Yageo* <http://www.socaltech.com/fullstory/0077363.html> San Diego-based Pulse Electronics, a provider of electronic components, said Thursday afternoon that it is now 100 percent owned by Taiwanese company Yago Corporation. Financial details of the deal were not announced. The deal to acquire Pulse occurred in May of 2018, and completed in December, according to the companies. (More... <http://www.socaltech.com/fullstory/0077363.html>) *Samsung To Open First Retail Stores, Including One In LA* <http://www.socaltech.com/fullstory/0077365.html> Smartphone maker Samsung is making its first foray into the retail environment, saying on Thursday that it is opening up three new retail stores, including one in Los Angeles. According to Samsung, the new Samsung Experience Stores will open on February 20th, with a store at The Americana at Brand in Los Angeles, plus stores in Garden City New York, and Houston, Texas. (More... <http://www.socaltech.com/fullstory/0077365.html>) *Skylar Finds $8M For Perfume Startup* <http://www.socaltech.com/fullstory/0077358.html> Los Angeles-based perfume startup *Skylar <http://www.skylar.com>* has raised $8M in a Series A funding round, for a "natural" beauty and perfume brand, the company said this week. The funding was led by FirstMark Capital, and also included Upfront Ventures, Amplify LA, and Gingerbread Capital. Skylar is led by CEO Cat Chen, a veteran of the Honest Company. As part of the funding, FirstMark's Beth Ferreira will join the company's board of directors. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=56488>)(More... <http://www.socaltech.com/fullstory/0077358.html>) *HauteLook Hacked, Millions Of Account Details Leaked By Hackers* <http://www.socaltech.com/fullstory/0077355.html> The personal account details of nearly 28 million users of HauteLook, the private sales site founded in Los Angeles and now owned by Nordstrom, have been hacked and have just shown up for sale on the "dark web", according to security researchers. According to a report from The Register, HauteLook's data--along with that from Dubsmash, Myfitnesspal, MyHeritage, and many others--just went up for sale on the "dark web" for less than $20,000 in Bitcoin. (More... <http://www.socaltech.com/fullstory/0077355.html>) *Tech Coast Angels Hails Exit At CaseStack* <http://www.socaltech.com/fullstory/0077354.html> The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack, the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. CaseStack as acquired by Hub Group, Inc. in November of 2018. According to the Tech Coast Angels, this is the company's sixth highest ever. The Tech Coast Angels were investors in CaseStackf or nearly 15 years. (More... <http://www.socaltech.com/fullstory/0077354.html>) *Loop Media Unveils Streaming Media Service, Backed By $10M In Funding* <http://www.socaltech.com/fullstory/0077351.html> A new, Burbank-based startup, Loop Media, said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. The startup--which says it has been in "stealth" mode for over two years--says it is backed by $10M in seed funding. That funding came from angel investor Dianne Berry plus other private investors from California, Tennessee and Florida. (More... <http://www.socaltech.com/fullstory/0077351.html>) *Ixia Selected By Telefonica* <http://www.socaltech.com/fullstory/0077352.html> Calabasas-based network testing equipment and software provider Ixia has been selected by Telefonica, to help monitor Telefonica's physical and virtual networks, according to Ixia's parent company, Keysight Technologies. Financial details of the win were not announced. Keysight said that Telefonica is using Ixia's Network Packet Brokers (NPB), network tap, and Ixia Fabric Controller (IFC) products for dealing with increasing monitoring requirements it has for 5G and VoLTE. (More... <http://www.socaltech.com/fullstory/0077352.html>) *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. *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]. *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/ *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] *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 [email protected] 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_3639559064588686394_funding>* 2/14/19 Skylar Body <http://www.socaltech.com/intelligence/?action=showdeal&id=95592> Venice $8.00 M 2/07/19 GOAT <http://www.socaltech.com/intelligence/?action=showdeal&id=95481> Los Angeles $100.00 M 2/07/19 Power Digital Marketing <http://www.socaltech.com/intelligence/?action=showdeal&id=95480> San Diego $0.00 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 Acorns <http://www.socaltech.com/intelligence/?action=showdeal&id=95302> Irvine $105.00 M 1/30/19 FabFitFun, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=95301> Beverly Hills $80.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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* Unconscious Bias & Diversity – Techniques to Drive Change and Make an Impact. LA CTO Forum. The last year has seen the topics of diversity and bias brought to the forefront of public discourse, including shining a spotlight on the technology industry. It’s sparked a deeper awareness, and a lively discourse, on how to truly be able drive change and make an impact within the context of a business. Pushing for change now has never been more important or more within reach. We are excited to be joined by technology leadership from Goalkeeper, Inc., and Evite to present: How to outsmart unconscious bias in your company and yourself How to take a strategic approach to improving diversity within your technology team. Lessons learned and examples of real impact and initiatives that move the needle. See http://www.socaltech.com/calendar/eventid/26355 February 20, Santa Barbara -- *Tech Acquisitions: Digital Strategies for Corporations & Exit Strategies for Startups - MIT Enterprise Forum of the Central Coast* *NEW* . See http://www.socaltech.com/calendar/eventid/26358 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* LAVA Digital: Investing with a Social Impact. Wide World, Small Planet: MarTech, Brands, Philanthropic Investors Do Well by Doing Good presented by LAVA Digital Media. Digital has brought about a sea change on the economics of good works. Supporting social causes isn’t soft sophistry, but a hard business opportunity. Media tech has enabled more efficient—and profitable!—ways of fundraising and extending philanthropy. New tools and models have remade cause marketing as a profit center, no longer relegated to the charity ghetto. Campaigns on issues like diversity, anti-bullying, environmentalism reach millions in an instant, changing hearts and minds, affecting positive contributions to society and generating profits. Investors, too, are putting money where their hearts are. See http://www.socaltech.com/calendar/eventid/26356 March 6, Westlake Village -- *ACG101 Food Manufacturers and Distributors* ACG101 Food Manufacturers and Distributors. California's agriculture is the most productive and varied in the U.S., owing to the climate, topography, complex systems of water delivery and diverse population of growers in our state. This year, the ACG 101 annual Food & Ag program takes a look at a different aspect of this fertile industry: Manufacturing and Distribution. See http://www.socaltech.com/calendar/eventid/26354 March 7, Los Angeles -- *Global LAVA: Investing in Israeli Start-Ups* Global LAVA: Investing in Israeli Start-Ups. Panelists: Liron Brish - CEO of Farm Dog; Liat Sade-Sternberg - CEO of fuse.it; Guy Katsovich, co-founder of Fusion LA. 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 [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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