*socaltech.com <http://socaltech.com> TechNews - Friday, April 12, 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). ------------------------------ *Headlines * - XPRIZE Gives $1M Award To Israeli Moon Landing Team <#m_-2500640440721242884_0077864> - Mavenlink Finds $48M More <#m_-2500640440721242884_0077868> - SmartDrive Wins Large Trucking Firm <#m_-2500640440721242884_0077865> - QAD Deploys With European Luxury Goods Maker <#m_-2500640440721242884_0077866> - Semtech Gets Design Win With Aerospace Manufacturer <#m_-2500640440721242884_0077867> - SpaceX Successfully Launches Falcon Heavy Into Space, Lands 3 Boosters <#m_-2500640440721242884_0077863> - Sellbrite Acquired By GoDaddy <#m_-2500640440721242884_0077860> *Marketplace* - Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey <#m_-2500640440721242884_ad746> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_-2500640440721242884_ad741> - BDO - Southern California Technology Industry Team <#m_-2500640440721242884_ad737> - SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <#m_-2500640440721242884_ad611> - Stradling <#m_-2500640440721242884_ad608> *Friday, April 12, 2019* *Square 1 Bank - Brian Weber <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 Brian Weber at [email protected]. *XPRIZE Gives $1M Award To Israeli Moon Landing Team* <http://www.socaltech.com/fullstory/0077864.html> Los Angeles-based XPRIZE, which organizes prize competitions to inspire people to advance technology to help change the world, said last night that it has awarded a $1M "Moonshot Award" to SpaceIL, the Israeli team which attempted a moon landing on Thursday. XPRIZE said it decided to recognize the successful lunar orbit and (not-so-successful) landing attempt for its contribution to private space exploration. (More... <http://www.socaltech.com/fullstory/0077864.html>) *Mavenlink Finds $48M More* <http://www.socaltech.com/fullstory/0077868.html> Irvine-based Mavenlink, a startup which develops business process management software and related tools for services businesses, has raised $48M more, in a Series E funding round. The funding came from Carrick Capital Partners and Goldman Sachs Growth Equity. Mavenlink's round brings the Orange County's total funding to more than $111.5M. The company last raised a funding round back in 2016, which also was led by Goldman Sachs. ( More... <http://www.socaltech.com/fullstory/0077868.html>) *SmartDrive Wins Large Trucking Firm* <http://www.socaltech.com/fullstory/0077865.html> San Diego-based video-based transportation safety systems developer SmartDrive Systems has scored a win with a large trucking firm, Atlas Trucking, for that company's entire fleet, SmartDrive said this week. Financial details of the win were not announced. SmartDrive Systems said that Atlas rolled out its platform without even conducting a pilot deployment, just based on recommendations from other fleets. (More... <http://www.socaltech.com/fullstory/0077865.html>) *QAD Deploys With European Luxury Goods Maker* <http://www.socaltech.com/fullstory/0077866.html> Santa Barbara-based supply chain planning software developer *QAD <http://www.qad.com>* has deployed its software with European luxury goods maker *Maroquinerie Thomas*, the company said on Thursday. According to QAD, Maroquinerie Thomas is using its QAD DynaSys Cloud Production Planning, Procurement Planning and Advanced Analytics tools. Financial details of the customer win were not announced. Maroquinerie Thomas is a maker of leather goods, and has 1500 employees.(More... <http://www.socaltech.com/fullstory/0077866.html>) *Semtech Gets Design Win With Aerospace Manufacturer* <http://www.socaltech.com/fullstory/0077867.html> Camarillo-based semiconductor developer Semtech has chalked up another design win for its LoRa wireless radio frequency technology, saying that its technology has been selected by an aerospace manufacturer, Ineo-Sense, for it smart asset tracking tools. Semtech said its wireless technology is being used in Ineo-Sense's "Clover-Core" sensor products, used for asset tracking in manufacturing settings. Shipment volumes and other details on the win were not announced. (More... <http://www.socaltech.com/fullstory/0077867.html>) *SpaceX Successfully Launches Falcon Heavy Into Space, Lands 3 Boosters* <http://www.socaltech.com/fullstory/0077863.html> Hawthorne-based SpaceX has successfully launched a Falcon Heavy into space with a communications satellite payload, and also landed all three rocket boosters attached to the Falcon Heavy, including two side boosters and a central core. SpaceX launched the Arabsat-6A high capacity telecommunications satellite from NASA Kenney Space Center in Florida on Thursday afternoon, at 6:35 p.m. EDT, from Launch Complex 39A. (More... <http://www.socaltech.com/fullstory/0077863.html>) *Sellbrite Acquired By GoDaddy* <http://www.socaltech.com/fullstory/0077860.html> Pasadena-based Sellbrite, which develops software which helps brands and retailers list their products on online marketplaces, has been acquired by GoDaddy, the companies announced on Wednesday. Financial details of the buy were not announced. According to GoDaddy, the acquisition will help it power a new offering, GoDaddy Online Store, which lets small businesses sell products on marketplaces such as Amazon, eBay, and Etsy. (More... <http://www.socaltech.com/fullstory/0077860.html>) *Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey <https://www.recurringrevenueconference.com/>* Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS & Subscription Businesses presented by Sutton Capital Partners. Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more. Attend the pre-conference workshop on April 30, 1-5pm followed by Happy Hour. Real tactics and actionable takeaways. Interested in Sponsorship or exhibiting? Contact: Nancy Hammerman [email protected] Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info: bit.ly/2TXSCqc https://www.recurringrevenueconference.com/ *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. *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 *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 *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_-2500640440721242884_funding>* 4/10/19 DroneBase, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96587> Los Angeles $0.00 M 4/10/19 Cullgen <http://www.socaltech.com/intelligence/?action=showdeal&id=96588> San Diego $16.00 M 4/03/19 GIBLIB <http://www.socaltech.com/intelligence/?action=showdeal&id=96481> Los Angeles $2.50 M 3/27/19 Trellis Research <http://www.socaltech.com/intelligence/?action=showdeal&id=96436> Los Angeles $2.00 M 3/22/19 Cardea Bio <http://www.socaltech.com/intelligence/?action=showdeal&id=96273> San Diego $7.80 M 3/01/19 Jet Edge International <http://www.socaltech.com/intelligence/?action=showdeal&id=96079> Van Nuys $60.00 M 2/27/19 Pathnostics <http://www.socaltech.com/intelligence/?action=showdeal&id=95978> Irvine $0.00 M 2/27/19 Axial Biotherapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=95977> Boston $25.00 M 2/25/19 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=95860> Lakewood $3.50 M 2/22/19 The Action Network <http://www.socaltech.com/intelligence/?action=showdeal&id=95811> Playa Vista $17.50 M 2/20/19 Brainbase <http://www.socaltech.com/intelligence/?action=showdeal&id=95749> Los Angeles $1.00 M 2/20/19 CLUTTER INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=84706> Culver City $200.00 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html April 13, Pasadena -- *Caltech Entrepreneurs Forum - Venture Funding* Caltech Entrepreneurs Forum - Venture Funding. The Los Angeles Tech & Venture Scene 2019 / Anatomy of a Successful Seed Round. Our program keynote will debut the 2019 Amplify.LA presentation which offers a comprehensive overview of the Los Angeles tech and venture landscape. It includes a look back on 2018, and covers all the players, investors, history and emerging players in LA tech. Speaker include Eric Pakravan of Amplify, Arye Barnehama of Elementary Robotics, Eva Ho of Fika Ventures and Alex Rubalcava of Stage Venture Partners. . See http://www.socaltech.com/calendar/eventid/26408 April 17, Santa Barbara -- *CyberSecurity: 5th Generation Threats- What We Know. Should Know. And, Don't Know.* CyberSecurity: 5th Generation Threats-What We Know. Should Know. And, Don't Know. MIT Enterprise Forum of the Central Coast. Cyber threats capable of massive economic and social disruption are poorly understood and vastly underestimated. Cybersecurity is a continuing arms race. This panel/presentation will review the state of the art in cyber threats, security, and both offensive and defensive cybertactics. Cyber attacks continue to evolve. As they become more advanced and more sophisticated, government and business must stay ahead of cyberspies and criminals to ensure they remain protected – no matter what threats the future will bring. We are facing the 5th generation of attacks, but most businesses only have 2nd or 3rd generation security. See http://www.socaltech.com/calendar/eventid/26426 April 17, Santa Barbara -- *CyberSecurity: 5th Generation Threats- What We Know. Should Know. And, Don't Know.* CyberSecurity: 5th Generation Threats- What We Know. Should Know. And, Don't Know. MIT Enterprise Forum of the Central Coast. Cyber threats capable of massive economic and social disruption are poorly understood and vastly underestimated. Cybersecurity is a continuing arms race. This panel/presentation will review the state of the art in cyber threats, security, and both offensive and defensive cybertactics. Cyber attacks continue to evolve. As they become more advanced and more sophisticated, government and business must stay ahead of cyberspies and criminals to ensure they remain protected – no matter what threats the future will bring. We are facing the 5th generation of attacks, but most businesses only have 2nd or 3rd generation security. What will it take to insure that our commerce, banking, social media and national security are not compromised as the cybersecurity arms race continues for the forseeable future. See http://www.socaltech.com/calendar/eventid/26429 April 17, Westlake Village -- *ACG 101 Spring Social and Brewfest!* ACG 101 Spring Social and Brewfest! ACG 101 Corridor Chapter. Spring has Sprung, and that means only one thing: It's time for the ACG 101 Annual Spring Social! This year we're being hosted by our very own 2018 Rising Star Award winner, Figueroa Mountain! Come meet and mingle with our area's top dealmakers, craft brewmasters, and company leaders, including Bob Berezansky, CFO of Figueroa Mountain Brewing. See http://www.socaltech.com/calendar/eventid/26430 April 17, Woodland Hills -- *2019 SFVBJ Women's Council* 2019 SFVBJ Women's Council. San Fernando Valley Business Journal.The San Fernando Valley Business Journal is proud to present the 2019 Women's Council Awards at the Hilton Woodland Hills. The San Fernando Valley Business Journal is proud to present our Women's Council Awards at the Hilton Woodland Hills. At the luncheon awards program, we will honor women who have made a difference throughout the Valley area. Join us in honoring the outstanding achievements by women who make a difference throughout the San Fernando, Santa Clarita, Conejo, and Antelope valley community. Award Categories: CEO of the Year, Executive of the Year, Volunteer of the Year, Rising Star, Not-For-Profit, Business Owner of the Year, Business Team of the Year, and Lifetime Achievement Award. See http://www.socaltech.com/calendar/eventid/26413 April 22, Los Angeles -- *CTO Awards* LABJ CTO Awards. This event will honor Chief Technology and Information Officers and others who are in the top information technology positions within their organizations. These important individuals and teams play vital roles in making Los Angeles a hub for innovation, and in making its businesses, institutions, and nonprofits successful. See http://www.socaltech.com/calendar/eventid/26409 ------------------------------ *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). 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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