*socaltech.com <http://socaltech.com> TechNews - Friday, January 17, 2020* 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. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - SpaceX's Elon Musk: One Million People To Mars By 2050 <#0079402> - Cornerstone OnDemand Acquires Clustree <#0079403> - Skyview Capital Buys Fidelis Cybersecurity <#0079401> - SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach <#0079399> - FabFitFun Names Chief Marketing Officer <#0079398> - Wavemaker Three-Sixty Health Completes Fundraising Efforts <#0079397> - Factual Rolls Out New Data Product <#0079396> - March Capital Partners Leads $32M Investment In ActionIQ <#0079395> *Marketplace* - Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <#ad752> - UK Government's Department for International Trade (DIT) <#ad756> - Pacific Western Bank, Venture Banking Group – Brian Weber <#ad749> - BDO - Southern California Technology Industry Team <#ad737> - Tech Coast Map & Calendar – Put Your Company On The Map! <#ad717> *Friday, January 17, 2020* *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. [email protected] www.socalip.com *SpaceX's Elon Musk: One Million People To Mars By 2050* <http://www.socaltech.com/fullstory/0079402.html> Elon Musk, the founder of SpaceX and Tesla Motors, says the goal of all of the spacecraft development at SpaceX is to send one million people to Mars by 2050. Saying that "there will be lots of jobs on Mars", Musk said he wants to load up a fleet of SpaceX Starships into Earth Orbit, sending nearly 1,000 ships at a time over 30 days every 26 months to the Red Planet, "Battlestar Galactica" style. Musk said his goal of making life interplanetary is " why I'm accumulating assets on Earth. (More... <http://www.socaltech.com/fullstory/0079402.html>) *Cornerstone OnDemand Acquires Clustree* <http://www.socaltech.com/fullstory/0079403.html> Santa Monica-based Cornerstone OnDemand. announced on Thursday that it has acquired Clustree, a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles. Cornerstone OnDemand said it agreed to paid approximately $18.5M in cash for Clustree, which is based in France. Clustree's customers included Carrefour and SNCF. (More... <http://www.socaltech.com/fullstory/0079403.html>) *Skyview Capital Buys Fidelis Cybersecurity* <http://www.socaltech.com/fullstory/0079401.html> Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced. Skyview Capital says that Fidelis has over 250 employees. Fidelity Cybersecurity is based in Bethesda, MD. (More... <http://www.socaltech.com/fullstory/0079401.html>) *SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach* <http://www.socaltech.com/fullstory/0079399.html> Long Beach-based SpinLaumch, a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The company said the funding came from Airbus Ventures, GV, KPCB, Catapult Ventures, Lauder Partners, John Doerr and Byers Family. The new funding brings the startup's total funding to $80M. (More... <http://www.socaltech.com/fullstory/0079399.html>) *FabFitFun Names Chief Marketing Officer* <http://www.socaltech.com/fullstory/0079398.html> Los Angeles-based FabFitFun, which offers up a seasonal "box" with a collection of products in the beauty, fashion, fitness, wellness, home, and tech areas, has named its very first Chief Marketing Officer. The company said that that Louisa Wee has joined the company to help oversee strategy and execution of the company's marketing initiatives, plus brand, content and creative programming. (More... <http://www.socaltech.com/fullstory/0079398.html>) *Wavemaker Three-Sixty Health Completes Fundraising Efforts* <http://www.socaltech.com/fullstory/0079397.html> Pasadena-based Wavemaker Three-Sixty Health, the seed-stage healthcare investment fund run by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it had the sixth and final close on its fund on December 31st. The firm said it now has more than 80 Limited Partners in the fund, with the majority being senior level healthcare executives across the US healthcare system. (More... <http://www.socaltech.com/fullstory/0079397.html>) *Factual Rolls Out New Data Product* <http://www.socaltech.com/fullstory/0079396.html> Los Angeles-based location data provider Factual rolled out a new product, Data Enrichment, which the company said allows businesses to "enrich first-party customer data" with its own, real-world visitation data. According to Factual, the product will help businesses to better understand their customers, and to improve audience modeling based on real-world behavior. Pricing on the new product was not announced. (More... <http://www.socaltech.com/fullstory/0079396.html>) *March Capital Partners Leads $32M Investment In ActionIQ* <http://www.socaltech.com/fullstory/0079395.html> Los Angeles-based March Capital Partners is the lead investor in a big, $32M funding round for ActionIQ, a startup which provides personalization software to enterprise customers. ActionIQ said this week that it raised $32M in its Series C funding, which was led by March Capital Partners, and also included Sequoia Capital, Andreessen Horowitz, and FirstMark Capital. As part of the funding, March Capital's Meredith Finn, a Partner at the firm, will join ActionIQ's board. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showdeal&id=99157> )(More... <http://www.socaltech.com/fullstory/0079395.html>) *Bestronics - Electronic Engineering Services, SOMs, Imaging Products, Displays & Batteries <https://www.bestronics.com>* Are the great ideas stacking up faster than your engineering resources can handle? Your company needs a reliable resource of analog/digital and software engineers to understand your issues, define the problem statements and lay out a course of action to output hardware products ready for integration into your system. Our unique capabilities, used by many in the medical, scientific, military and aerospace industries, allow us to offer engineering services that result in deliverable, production ready subsystems so you can concentrate on targeting your customer base and not stressing about the right mix and numbers of engineering talent needed to see your vision become reality. Contact us at http://www.bestronics.com *UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057>* The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 *Pacific Western Bank, Venture Banking Group – Brian Weber <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $26 billion in assets and 74 full-service branches located throughout California and one branch in Durham, North Carolina. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors. We also offer Community Banking and National Lending services. For more information, visit http://www.pacwest.com/lending-solutions/venture-lending, or send an email to [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 *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 [email protected] for more information and mention Socal Tech for special industry rates. ------------------------------ *Recent Funding <#funding>* 1/16/20 SPINLAUNCH INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=99504> Long Beach $35.00 M 1/15/20 Califia Farms <http://www.socaltech.com/intelligence/?action=showdeal&id=99434> Los Angeles $225.00 M 1/15/20 H2Scan <http://www.socaltech.com/intelligence/?action=showdeal&id=99432> Unit A Valencia $10.50 M 1/14/20 Medsphere Systems <http://www.socaltech.com/intelligence/?action=showdeal&id=99431> Carlsbad $40.00 M 1/10/20 Element Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=99345> San Diego $80.00 M 1/09/20 Omniome, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99344> San Diego $60.00 M 12/17/19 Trust & Will <http://www.socaltech.com/intelligence/?action=showdeal&id=99145> San Diego $6.00 M 12/17/19 ChromaCode, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=99144> Carlsbad $28.00 M 12/11/19 XOKind <http://www.socaltech.com/intelligence/?action=showdeal&id=99036> San Diego $1.60 M 12/11/19 Camino Financial <http://www.socaltech.com/intelligence/?action=showdeal&id=99037> Los Angeles $8.00 M 11/20/19 Mythical Games <http://www.socaltech.com/intelligence/?action=showdeal&id=98807> Sherman Oaks $19.00 M 11/13/19 Avidity Biosciences <http://www.socaltech.com/intelligence/?action=showdeal&id=98748> La Jolla $100.00 M 11/06/19 HMBradley <http://www.socaltech.com/intelligence/?action=showdeal&id=98692> Santa Monica $3.50 M 11/06/19 Valence <http://www.socaltech.com/intelligence/?action=showdeal&id=98693> Los Angeles $2.50 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html January 21, Santa Monica -- *AppSec California 2020 - by OWASP* Join your Information Security and Developer peers on the beach! Training classes start Jan 21, with the keynotes, talks and CTFs starting Jan 23. There will be 4 concurrent break-out sessions throughout both speaker days. The best speakers from around the world have been gathering at AppSec California now for six years. We guarantee you will leave the conference with lots of new knowledge and curiosity. An outdoor reception will allow conference goers to enjoy the ocean breezes as they sip on drinks and munch on appetizers on Jan 23. See http://www.socaltech.com/calendar/eventid/26601 January 25, Pasadena -- *Caltech Entrepreneurs Forum - Entrepreneur Lessons Learned * Caltech Entrepreneurs Forum - Entrepreneur Lessons Learned. The innovation arena is blessed with founders, investors and others ready to share insights. What’s not so often clear is which of the many admonishments was key to a particular venture’s journey. We’ve asked our speakers to include in their presentations examples highlighting oft-overlooked elements of success (or failure). See http://www.socaltech.com/calendar/eventid/26602 January 28, Malibu -- *Startup World Cup - SoCal Regional hosted by LAVA and Pepperdine* Startup World Cup - SoCal Regional hosted by LAVA and Pepperdine. Startup World Cup ("SWC") offers innovation and entrepreneurship opportunities for the startup ecosystem around the world via a global series of startup conferences and competitions that bring together phenomenal startups, VCs, and world-class tech CEOs. Startups worldwide first compete at regional events, and the regional finalists will showcase themselves at the Grand Finale event in San Francisco and compete for a $1m investment prize. Application deadline January 10th. See http://www.socaltech.com/calendar/eventid/26595 January 30, Los Angeles Westside -- *Growth Capital Conference* Growth Capital Conference. Pitch to & Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital & counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp. See http://www.socaltech.com/calendar/eventid/26594 January 30, Newport Beach -- *Pitch and Learn With Investors* Pitch and Learn With Investors. Pitch and Learn engages and educates entrepreneurs on the art of pitching to investors. Pitch and Learn is meant to engage and educate entrepreneurs on the art of pitching to investors. Every pitching entrepreneur will have the opportunity to pitch their business, receive feedback from seasoned investors and then pitch again using investors’ input. The event is open to anyone to attend however, there are only 20 1-minute pitch tickets and only 4 3-minute pitch tickets available for entrepreneurs to pitch. 1 presenter per company. See http://www.socaltech.com/calendar/eventid/26606 January 30, Newport Beach -- *Pitch and Learn With Investors* Pitch and Learn With Investors. Pitch and Learn is meant to engage and educate entrepreneurs on the art of pitching to investors. Every pitching entrepreneur will have the opportunity to pitch their business, receive feedback from seasoned investors and then pitch again using investors’ input. See http://www.socaltech.com/calendar/eventid/26609 January 31, Burbank -- *Game Design Showcase 2020* *NEW* . See http://www.socaltech.com/calendar/eventid/26612 ------------------------------ *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. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG 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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