*socaltech.com <http://socaltech.com> TechNews - Tuesday, February 19, 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 ------------------------------ *Headlines * - Viasat Wins Satellite Broadband Deal With EL AL Airlines <#m_6215911599531738524_0077376> - Axiom Materials Acquired By Kordsa <#m_6215911599531738524_0077375> - Yardi Expands Renter Screening With Equifax Data <#m_6215911599531738524_0077377> - Cylance Expands Endpoint Protection Software To AWS Marketplace <#m_6215911599531738524_0077378> - TrueCar Buys Stake In Accu-Trade <#m_6215911599531738524_0077373> - Avetta Merges With BROWZ <#m_6215911599531738524_0077371> - Rivian, With Operations In Irvine, Raises $700M From Amazon For Electric Pickups <#m_6215911599531738524_0077368> *Marketplace* - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_6215911599531738524_ad741> - Stubbs Alderton & Markiles Preccelerator <#m_6215911599531738524_ad694> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_6215911599531738524_ad611> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_6215911599531738524_ad596> - BDO - Southern California Technology Industry Team <#m_6215911599531738524_ad737> *Tuesday, February 19, 2019* *CSQ’s Most Innovative NextGen CEOs & Founders in LA & NY! - Deadline TODAY <https://share.hsforms.com/1mcs_taWVQFClYy7GWYsS9A1p01a>* As we continue to kick off 2019, CSQ is doing something a little different: Honoring the 50 Most Innovative NextGen CEOs & Founders in LA & NY in our upcoming 2019 Q1 edition. Our committee has already identified a number of individuals but we need your help, and invite you to reflect on influential 40-and-under NextGens in Innovation & Technology, Real Estate & Finance, Sports & Entertainment, and Philanthropy, Art, & Culture or in your industry or other spheres of influence. With your nomination, you can help give these innovative leaders the recognition they deserve while also connecting them to the CSQ Community. Submission Deadline: Tuesday, Feb 19, 2019 https://share.hsforms.com/1mcs_taWVQFClYy7GWYsS9A1p01a *Viasat Wins Satellite Broadband Deal With EL AL Airlines* <http://www.socaltech.com/fullstory/0077376.html> Carlsbad-based satellite broadband provider Viasat said this morning that it has been selected by EL AL Israel Airlines, to provide in-flight Wi-Fi on EL AL's transatlantic flights. Financial details of the deal were not announced. Viasat said EL AL will be using its Viasat-2 based broadband Internet service, covering travel to and from New York, Toronto, Los Angeles, Miami and eventually, San Francisco and Las Vegas, when EL AL launches flights to those cities later this year. (More... <http://www.socaltech.com/fullstory/0077376.html>) *Axiom Materials Acquired By Kordsa* <http://www.socaltech.com/fullstory/0077375.html> Santa Ana-based Axiom Materials, a provider of advanced composite manufacturing and development, has been acquired by Kordsa, a Turkish company which focuses on composite materials and other areas. Financial terms of the buy were not announced. Axiom Materials said it will continue to operate under its existing trade name and business partnerships after the acquisition. (More... <http://www.socaltech.com/fullstory/0077375.html>) *Yardi Expands Renter Screening With Equifax Data* <http://www.socaltech.com/fullstory/0077377.html> Santa Barbara-based property management software developer *Yardi <http://www.yardi.com>* has expanded its renter screening service, ScreenWorks Pro, saying this morning that it has started providing access to payroll records from Equifax in the olution. According to Yardi, it now offers up intsant income and employment verification in its screening solution, in addition to credit reports, rental history and other publicly reportable civil or criminal records.(More... <http://www.socaltech.com/fullstory/0077377.html>) *Cylance Expands Endpoint Protection Software To AWS Marketplace* <http://www.socaltech.com/fullstory/0077378.html> Irvine-based cybersecurity software developer Cylance says it has extended its artificial intelligence driven, endpoint protection software, CylancePROTECT, to the AWS Marketplace. AWS Marketplace is Amazon's marketplace for business software that runs on the Amazon Web Services (AWS) cloud computing infrastructure. According to Cylance, the deal will make it easier for customers to find, procure, and install its AI technology on AWS instances. (More... <http://www.socaltech.com/fullstory/0077378.html>) *TrueCar Buys Stake In Accu-Trade* <http://www.socaltech.com/fullstory/0077373.html> Santa Monica-based TrueCar announced late Thursday that it has acquired a 20 percent stake in Accu-Trade, a provider of vehicle apparisal technology. Financial terms of the deal were not annoucned. Accu-Trade, which is based in Manheim, Pennsylvania, and provides a mobile app which offers up vehicle appraisals and valuations for dealers and consumers. (More... <http://www.socaltech.com/fullstory/0077373.html>) *Avetta Merges With BROWZ* <http://www.socaltech.com/fullstory/0077371.html> Avetta, a provider of supply chain management software which has an office in Irvine, has merged with another supply chain risk management company, BROWZ, the companies said this week. Avetta is owned by private equity investor Welsh Carson Anderson & Stowe. The combined firm says it has more than 85,000 customers in over 100 countries. Financial terms of the merger were not announced. The combined company will be led by John Herr, the CEO of Avetta. (More... <http://www.socaltech.com/fullstory/0077371.html>) *Rivian, With Operations In Irvine, Raises $700M From Amazon For Electric Pickups* <http://www.socaltech.com/fullstory/0077368.html> Rivian, a developer of electric powered pickups and SUVs--which has significant operations in Irvine--has raised $700M in a funding round, the company announced Friday morning. The funding was led by Amazon. According to Rivian, its first two vehicles--the R1T and R1S--provide over 400 miles of range, and are expected to be delivered in late 2020. The company is led by founder and CEO RJ Scaringe. (Funding Details <https://www.socaltech.com/intelligence/?action=showdeal&id=95594>)(More... <http://www.socaltech.com/fullstory/0077368.html>) *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. *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] *BDO - Southern California Technology Industry Team <http://www.bdo.com>* BDO USA, LLP is a professional services firm providing assurance, tax, and advisory services to publicly traded and privately held companies through more than 60 offices domestically and 160 countries globally. Our Southern California technology industry team professionals have deep experience helping online, software, hardware, and cleantech businesses in the local ecosystem to navigate the many issues affecting their businesses and to help them meet their larger strategic goals. Our team provides a wide range of guidance in the key issues effecting technology companies including, M&A advisory, initial public offerings, tax planning and consulting, intellectual property agreements, financial reporting and regulatory compliance matters. For more information, please contact our LA Technology leaders Anthony Ferguson, Tim Clackett, and Kris Kaufmann at [email protected]. http://www.bdo.com ------------------------------ *Recent Funding <#m_6215911599531738524_funding>* 2/14/19 Skylar Body <http://www.socaltech.com/intelligence/?action=showdeal&id=95592> Venice $8.00 M 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 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 19, Long Beach -- *Sharing Ownership* Sharing Ownership. CSULB Beach Incubator. Attorney Rick Citron. Mr. Citron is an attorney and entrepreneur specializing in business law, real estate, and succession planning. With over 40 years of experience in practicing law, Mr. Citron has contributed to the success stories of hundreds of companies, utilizing his experience and the synergy of a carefully nurtured network of professionals.. See http://www.socaltech.com/calendar/eventid/26359 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* Tech Acquisitions: Digital Strategies for Corporations & Exit Strategies for Startups. Today, technology is the number one driver for merger and acquisition (M&A) deals. Companies are acquiring others to pursue technology assets for digital strategies. For startups, this provides a unique opportunity since being acquired is one of the most favorable exit strategies. This MIT forum will shed light on tech acquisitions. Join us to learn how M&A experts journey successfully through a tech acquisition. Speakers: Camilo Becdach, Partner, McKinsey & Co. Kevin O’Connor, Entrepreneur, Venture Capitalist Mike Pugh, Tech Industry Leader, Mergers & Acquisitions Veteran Daniel Lender, CFO, QAD Santa Barbar. 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. 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