*socaltech.com <http://socaltech.com> TechNews - Monday, April 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). ------------------------------ *Headlines * - Interview with Wheels, Josh Viner and Marco McCottry <#m_320248608561908106_0077874> - Stratolaunch Takes To Skies For Maiden Flight <#m_320248608561908106_0077875> - CalAmp Acquires Synovia Solutions For $50M <#m_320248608561908106_0077877> - Clubspeed Acquired By Private Equity Investor Nadavon <#m_320248608561908106_0077878> - Corent Wins MapR Technologies <#m_320248608561908106_0077876> - SpaceX Seeking $510M In New Funding <#m_320248608561908106_0077873> - Bird Plans Massive European Expansion <#m_320248608561908106_0077872> *Marketplace* - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_320248608561908106_ad596> - Stradling <#m_320248608561908106_ad608> - Square 1 Bank - Brian Weber <#m_320248608561908106_ad695> - Stubbs Alderton & Markiles Preccelerator <#m_320248608561908106_ad694> - Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey <#m_320248608561908106_ad746> *Monday, April 15, 2019* *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 *Interview with Wheels, Josh Viner and Marco McCottry* <http://www.socaltech.com/fullstory/0077874.html> Is there room in the last-mile transportation industry for another player, and what are some of the issues that need to be solved to make industry a success? San Diego-based Wheels (www.takewheels.com) was co-founded by Jon and Josh Viner, who were the co-founders of Wag, where they raised nearly $400M in venture capital. (More... <http://www.socaltech.com/fullstory/0077874.html>) *Stratolaunch Takes To Skies For Maiden Flight* <http://www.socaltech.com/fullstory/0077875.html> Mojave-based Stratolaunch Systems Corporation, the developer of space launch systems which were founded by now deceased Microsoft co-founder Paul G. Allen, has successfully launched the world's largest plane--the Stratolaunch--in its maiden flight, the first step of getting its mid-air rocket launch system into operation. (More... <http://www.socaltech.com/fullstory/0077875.html>) *CalAmp Acquires Synovia Solutions For $50M* <http://www.socaltech.com/fullstory/0077877.html> Irvine-based CalAmp, a provider of fleet tracking services, announced this morning that it has acquired Synovia Solutions, a company that operates in the fleet safety and management business for the K-12 school bus and state and local government fleet market, in a move to boost its software-as-a-service revenue. (More... <http://www.socaltech.com/fullstory/0077877.html>) *Clubspeed Acquired By Private Equity Investor Nadavon* <http://www.socaltech.com/fullstory/0077878.html> Corona, California-based Clubspeed, which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners, the two said over the weekend. Financial terms of the deal were not announced. According to the two, Nadavon Capital Partners acquires a majority stake in Clubspeed, and has appointed Nadavon CEO Rmir Bosu as the CEO of Clubspeed. Nadavon is based in Newport Beach. (More... <http://www.socaltech.com/fullstory/0077878.html>) *Corent Wins MapR Technologies* <http://www.socaltech.com/fullstory/0077876.html> Aliso Viejo-based Corent Technologies, which develops cloud migration software, and AI and data analytics software developer MapR Technologies said this morning that MapR Technologies has selected Corent's SurPaaS platform to help customers access MapR's Data Platform for AI. Financial details of the deal were not announced. (More... <http://www.socaltech.com/fullstory/0077876.html>) *SpaceX Seeking $510M In New Funding* <http://www.socaltech.com/fullstory/0077873.html> Hawthorne-based SpaceX is looking to raise another $510M in funding--the second time the firm has gone out for funding this year--according to a regulatory filing from the firm. The funding will bring SpaceX's total raised to more than $2.75 billion, and reportedly values the rocket firm at over $30 billion. The new funding came to light after another, successful launch for the company--the first, commercial flight of a Falcon Heavy rocket on Thursday. (More... <http://www.socaltech.com/fullstory/0077873.html>) *Bird Plans Massive European Expansion* <http://www.socaltech.com/fullstory/0077872.html> Santa Monica-based, last-mile, scooter rental service Bird said on Friday that it plans a massive, European expansion this summer, with plans to launch the service in more than 50 European cities. According to Bird, the move will expand its European fleet more than ten-fold. Bird said that, as part of the expansion in Europe, it will also roll out a new electric scooter, the "Bird Zero", which it says is designed and engineered specifically for the e-scooter sharing industry. (More... <http://www.socaltech.com/fullstory/0077872.html>) *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] *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. *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]. *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/ *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/ ------------------------------ *Recent Funding <#m_320248608561908106_funding>* 4/10/19 Cullgen <http://www.socaltech.com/intelligence/?action=showdeal&id=96588> San Diego $16.00 M 4/10/19 DroneBase, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=96587> Los Angeles $0.00 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 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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