*socaltech.com <http://socaltech.com> TechNews - Wednesday, February 20, 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 * - Facebook, Viasat Team On Internet Connectivity Effort In Rural Mexico <#m_-7284899819527405558_0077396> - Brainbase Gets $1M For Brand Licensing Marketplace <#m_-7284899819527405558_0077392> - Elves Tackles Travel Booking With AI, Human Assistance <#m_-7284899819527405558_0077393> - Portfolium Acquired By Instructure <#m_-7284899819527405558_0077394> - Clearlake Capital's Symplr Buys API Healthcare <#m_-7284899819527405558_0077395> - SpaceX Wins $297M For New Air Force Launch Missions <#m_-7284899819527405558_0077391> - Sabrewing Aircraft Lands $2M For Massive Cargo Drones <#m_-7284899819527405558_0077389> - Cie Digital Labs, Wavemaker Partners In Partnership <#m_-7284899819527405558_0077388> - Songtradr Acquires Big Sync Music Ltd <#m_-7284899819527405558_0077387> - HiHello Gets Seed Backing From LA's TenOneTen Ventures <#m_-7284899819527405558_0077384> *Marketplace* - Square 1 Bank <#m_-7284899819527405558_ad695> - Tech Coast Map & Calendar – Put Your Company On The Map! <#m_-7284899819527405558_ad717> - Become a Socaltech Supporter! <#m_-7284899819527405558_ad724> - Simplify Cloud Management - Multi-Cloud Command & Control from Key Info <#m_-7284899819527405558_ad729> - Stradling <#m_-7284899819527405558_ad608> *Wednesday, February 20, 2019* *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/ *Facebook, Viasat Team On Internet Connectivity Effort In Rural Mexico* <http://www.socaltech.com/fullstory/0077396.html> Carlsbad-based satellite Internet and communications provider Viasat and social networking giant Facebook announced this morning that the two will provide high speed Internet to communities in rural Mexico who lack reliable internet or have no connectivity at all. According to the two, the deal will offer up Viasat's "Community Wi Fi" hotspot service to communities in an effort being backed by Facebook. (More... <http://www.socaltech.com/fullstory/0077396.html>) *Brainbase Gets $1M For Brand Licensing Marketplace* <http://www.socaltech.com/fullstory/0077392.html> Los Angeles-based Brainbase, a new startup building an online marketplace for intellectual property licensing, has raised $1 in a seed funding round, the company announced Tuesday afternoon. According to the company, the funding was led by Tera Ventures, and also included Sterling Road, plus angels Severin Hacker, Andrew Rabin and Hamid Barkhordar. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=95749> )(More... <http://www.socaltech.com/fullstory/0077392.html>) *Elves Tackles Travel Booking With AI, Human Assistance* <http://www.socaltech.com/fullstory/0077393.html> A new, Los Angeles startup--Elves--said this week that it has launched a new service, aimed at helping users tackle travel booking, using both artificial intelligence and real human beings. According to Elves, it has just launched an app and booking platform, which lets travelers book and change flights via "real, human" travel companions backed by AI technology. (More... <http://www.socaltech.com/fullstory/0077393.html>) *Portfolium Acquired By Instructure* <http://www.socaltech.com/fullstory/0077394.html> San Diego-based Portfolium, a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure, the two announced late Tuesday. Financial details of the acquisition were not announced. Portfolium was founded in 2014, and was led by founder and CEO Adam Markowitz. (More... <http://www.socaltech.com/fullstory/0077394.html>) *Clearlake Capital's Symplr Buys API Healthcare* <http://www.socaltech.com/fullstory/0077395.html> Symplr, a healthcare risk and governance software developer which is owned by Los Angeles-based private equity investor Clearlake Capital, has acquired API Healthcare, a provider of healthcare human capital management software. API Healthcare was owned by another private equity investor, Veritas Capital. Financial terms of the acquisition were not announced. ( More... <http://www.socaltech.com/fullstory/0077395.html>) *SpaceX Wins $297M For New Air Force Launch Missions* <http://www.socaltech.com/fullstory/0077391.html> Hawthorne-based SpaceX has scored $297M more in a launch contract from the U.S. Air Force, the launch three new missions into space. According to the Air Force Space and Missle Systems Center, SpaceX won one of two Expendable Launch Vehicle (EELV) launch services contracts, worth a total of $297M. The contract is for the delivery of three, Air Force missions--the AFSPC-44, NROL-85, and NROL-87 missions, into space. The Air Force also awarded another $441. (More... <http://www.socaltech.com/fullstory/0077391.html>) *Sabrewing Aircraft Lands $2M For Massive Cargo Drones* <http://www.socaltech.com/fullstory/0077389.html> Camarillo-based aircraft startup Sabrewing Aircraft Company, which says it is developing large, un-manned vertical take off and landing (VTOL) cargo carrying drones, said on Tuesday that it has received over $2M in a funding round. The funding came from the Drone Fund, Idaten Ventures, and others. According to the company, the lead investor on the funding was The Drone Fund, which invested $1.8M in the round. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=95596> )(More... <http://www.socaltech.com/fullstory/0077389.html>) *Cie Digital Labs, Wavemaker Partners In Partnership* <http://www.socaltech.com/fullstory/0077388.html> Irvine-based Cie Digital Labs, a startup studio which recently has been focusing on helping large enterprises with accelerating products and also helping to accelerate emerging startups said it has partnered with Los Angeles investor Wavemaker Partners. According to Cie Digital Labs, Wavemaker will provide funding and CDL will provide strategic and operational expertise across joint ventures. (More... <http://www.socaltech.com/fullstory/0077388.html>) *Songtradr Acquires Big Sync Music Ltd* <http://www.socaltech.com/fullstory/0077387.html> Santa Monica-based Songtradr, which offers up an online music licensing platform, said on Tuesday that it has acquired Big Sync Music Ltd., a UK-based creative music licensing agency. Financial terms of the acquisition were not announced. Songtradr said that Big Sync Music is headquartered in London, and also has teams in Singapore and New York, and has clients such as Dove, Knorr, Magnum and AXE to Johnnie Walker, Samsung, Amazon and Lipton. (More... <http://www.socaltech.com/fullstory/0077387.html>) *HiHello Gets Seed Backing From LA's TenOneTen Ventures* <http://www.socaltech.com/fullstory/0077384.html> HiHello, a new startup tackling the challenge of managing and contacts, said on Monday that it has raised $2.5M in a seed funding, which included Los Angeles-based TenOneTen Ventures. According to HiHello, the seed funding was led by August Capital, K9 Ventures and TenOneTen Ventures. Villi Iltchev of August Capital has joined the company's board with the funding. (More... <http://www.socaltech.com/fullstory/0077384.html>) *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. *Tech Coast Map & Calendar – Put Your Company On The Map! <https://www.siliconmaps.com/tech-coast/>* Include your company on the Tech Coast Map and be part of the iconic industry symbol of Technology Innovation in Southern California. The map is promoted through Print, Digital, and web with an online interactive version of the map. Take part in the effective map campaign to support your region, brand and location(s) while promoting your company as an industry leader. The custom imprinted Poster/Calendars make the perfect promotional year-end gift for stakeholders. View the large interactive map at https://www.siliconmaps.com/tech-coast/ Contact i...@siliconmaps.com for more information and mention Socal Tech for special industry rates. *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 b...@socaltech.com for details. *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 *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_-7284899819527405558_funding>* 2/20/19 Brainbase <http://www.socaltech.com/intelligence/?action=showdeal&id=95749> Los Angeles $1.00 M 2/19/19 Sabrewing Aircraft Company <http://www.socaltech.com/intelligence/?action=showdeal&id=95596> Camarillo $2.00 M 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 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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 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. 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