*socaltech.com <http://socaltech.com> TechNews - Thursday, April 18, 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 * - Quest Buys ApexSQL <#m_128909838999704400_0077920> - Semtech Chalks Up LoRa Win For Construction, Mining Equipment <#m_128909838999704400_0077922> - Climate Change Skeptics In Los Angeles Face Heat Wave, Smog, Wind In Ecobee Gag <#m_128909838999704400_0077921> - Western Digital Names New CFO <#m_128909838999704400_0077923> - LA's AET Fund Raises $50M For Entertainment Technology Investment <#m_128909838999704400_0077919> - Scopely Expands In Culver City <#m_128909838999704400_0077917> - Slingshot Aerospace Lands $5M In New Seed Round <#m_128909838999704400_0077914> - j2 Global Buys Four More Companies <#m_128909838999704400_0077906> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_128909838999704400_ad188> - Stradling <#m_128909838999704400_ad608> - BDO - Southern California Technology Industry Team <#m_128909838999704400_ad737> - Peak - OKR Planning for Growth Companies and Venture Capital Firms by Collective Genius <#m_128909838999704400_ad741> - Square 1 Bank - Brian Weber <#m_128909838999704400_ad695> *Thursday, April 18, 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 *Quest Buys ApexSQL* <http://www.socaltech.com/fullstory/0077920.html> Aliso Viejo-based software developer Quest Software announced on Thursday morning that it has acquired ApexSQL, a developer of SQL Server development and database tools. Financial terms of the deal were not announced. Quest Software is a developer of IT systems management, data protection, and cybersecurity software. (More... <http://www.socaltech.com/fullstory/0077920.html>) *Semtech Chalks Up LoRa Win For Construction, Mining Equipment* <http://www.socaltech.com/fullstory/0077922.html> Camarillo-based wireless semiconductor developer Semtech has chalked up another design win for its low power, wireless LoRa technology, saying that a developer of fleet management products for the construction and mining industry has adopted its technology. Semtech said MachineMax has integrated its LoRa devices and wireless radio frequency technology into a "smart" construction machine usage tracking solution. (More... <http://www.socaltech.com/fullstory/0077922.html>) *Climate Change Skeptics In Los Angeles Face Heat Wave, Smog, Wind In Ecobee Gag* <http://www.socaltech.com/fullstory/0077921.html> If you can't convince them, at least you can bake them, subject them to smog, and hurricane force winds--at least, that apparently was the theory of a marketing push by "smart" thermometer maker Ecobee, which just launched a video marketing push ahead of Earth Day featuring a number of Los Angeles area climate change skeptics. (More... <http://www.socaltech.com/fullstory/0077921.html>) *Western Digital Names New CFO* <http://www.socaltech.com/fullstory/0077923.html> Western Digital Corp., which has major operations in Irvine, announced this morning that it has named Robert Eulau as its new Executive Vice President and Chief Financial Officer (CFO). Eulau takes over the CFO post from Mark Long, who is leaving the company in June. Eulau was previously CEO of Sanmina Corporation, where he also had been CFO for eight years; he also served in CFO roles at Alien Technology Corporation and Rambus, and had also served at Hewlett-Packard Company. (More... <http://www.socaltech.com/fullstory/0077923.html>) *LA's AET Fund Raises $50M For Entertainment Technology Investment* <http://www.socaltech.com/fullstory/0077919.html> A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund--short for Akatsuki Entertainment Technology Fund--said it has hired Mark Linao as Principal, responsible for managing the company's $50M fund and its operations in United States. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. (More... <http://www.socaltech.com/fullstory/0077919.html>) *Scopely Expands In Culver City* <http://www.socaltech.com/fullstory/0077917.html> Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE. According to CBRE, the expanded space will help Scopely more than double its Los Angeles footprint by 2020, significantly expanding its headquarters. The project is expected to be complete late next year. ( More... <http://www.socaltech.com/fullstory/0077917.html>) *Slingshot Aerospace Lands $5M In New Seed Round* <http://www.socaltech.com/fullstory/0077914.html> Los Angeles- and Austin-based Slingshot Aerospace, which develops artificial intelligence software that automatically processes large amounts of imagery data collected by drones, satellites, and aircraft, has raised another $5M, in a new seed funding round. The round was led by ATX Venture Partners, and also included the Rise of the Rest Seed Fund, part of Revolution, the investment firm led by former AOL co-founder Steve Case. ( More... <http://www.socaltech.com/fullstory/0077914.html>) *j2 Global Buys Four More Companies* <http://www.socaltech.com/fullstory/0077906.html> Los Angeles-based j2 Global, the parent company of such companies as IGN, Mashable, eFax, and eVoice, has gobbled up four more companies, saying this morning that it has acquired Armada Cloud, a provider of cloud-based backup services; iContact, a provider of marketing cloud services; SafeSend AS, a Norwegian company in the cloud security business; and Telsys AS, a cloud backup service also based in Norway. (More... <http://www.socaltech.com/fullstory/0077906.html>) *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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. *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 *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. *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]. ------------------------------ *Recent Funding <#m_128909838999704400_funding>* 4/17/19 Slingshot Aerospace <http://www.socaltech.com/intelligence/?action=showdeal&id=96701> El Segundo $5.00 M 4/17/19 Sistine Solar <http://www.socaltech.com/intelligence/?action=showdeal&id=96702> 28 Dane Street $0.00 M 4/16/19 Enevate <http://www.socaltech.com/intelligence/?action=showdeal&id=96652> Irvine $0.00 M 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 ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html 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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