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2017 Tech Coast Map & Calendar – Free map offer!

The Tech Coast Map is an iconic industry symbol of High Tech Innovation in
Southern California. The yearly publication is promoted through Print
Distribution, Industry Trade Events, Digital Displays, Press Releases,
Interactive Web and through Industry Trade Organizations.

Put Your Company On The Map! Spotlight your company and Create brand
awareness to thousands of technology decision makers locally, nationally
and globally. This effective yearly map campaign supports your brand,
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year-end gift for stakeholders and an effective promotional hand-out all
year long. Contact us direct for more information at sales@siliconmaps.com
and view the large interactive map on our website at
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To receive a free copy of the 2017 Tech Coast Map ($25 value), send an
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subject line. We will mail it at no cost to you. Offer valid until March
31st, 2017


Friday, March 24, 2017

Cool Planet Reboots, In Colorado, With $19.3M Series A Funding

Friday, March 24, 2017

Cool Planet, the former Camarillo, California startup working on carbon conversion technology, has resurfaced in Colorado with a $19.3M Series A funding. According to Cool Planet, the new funding was led by Agustín Coppel and North Bridge Venture Partners, and will go towards commercalization of its biochar product, Cool Fauna Engineered Biocarbon. Cool Planet, until recently, was focused on biofuels development; the company had raised over $100M in its earlier incarnation and under different management; the company is now led by CEO Jim Loar, who became CEO in September of 2016. The company still lists an office in Camarillo.

 
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Alteryx Prices IPO, To Debut On NYSE Today

Friday, March 24, 2017

Irvine-based Alteryx priced its IPO on Thursday evening, saing that it will sell 9,000,000 shares of its Class A common stock at $14.00 per share. Alteryx will begin trading this morning as AYX on the New York Stock Exchange. The company, which develops data analytics software, priced at the high end of its estimated initial IPO range, which had been between $12.00 and $14.00 per share. Alteryx is venture backed by Insight Venture Partners, Sapphire Ventures, Thomson Reuters, Toba Capital, and ICONIQ Capital, and is led by Dean Stoeker. The IPO was underwritten by Goldman, Sachs & Co., J.P. Morgan Securities, Pacific Crest Securities, William Blair & Company, JMP Securities, Raymond James & Associates, Inc. and Cowen and Company.

 
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SpaceX Aims At Re-Launching Rocket With Next Mission

Friday, March 24, 2017

Hawthorne-based SpaceX is getting set to launch its first, ever, reusable rocket stage next week, in what could be a historic moment for spaceflight. SpaceX reportedly will use the same Falcon 9 first stage booster it used for the earlier CRS-8 mission, for the launch of the SES-10 satellite. The launch is expected to occur as soon as March 29th. The first stage booster successfully launched a payload to the International Space Station in April of 2016, and landed on a SpaceX barge in the Pacific. SpaceX hopes to again land the Falcon 9's first stage after the launch, according to reports. The ability to re-use the first rocket stage, if sucessful, would dramatically lower launch costs for SpaceX. Photo: the Falcon 9 booster being used in the upcoming launch, landing on the SpaceX barge..

 
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Shift Launches Online Car Buying, Selling Service In San Diego

Friday, March 24, 2017

Shift, an online car buying and selling startup based in San Francisco, said on Thursday that it has launched buyer operations in San Diego, allowing people to buy and sell cars in the market. The startup is backed by more than $73M in funding from DFJ, Highland Capital, and Goldman Sachs Investment Partners. Shift's service manages the entire buying and selling process, and includes on-demand test drives, on-site appraisals, and pickup of automobiles, and even handles DMV paperwork.

 
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Western Digital Backs Avere Systems

Friday, March 24, 2017

Irvine-based storage device maker Western Digital has backed Avere Systems, a developer of a file system for the hybrid cloud. Avere said this week that it has raised $14M in a Series E funding round, which came from Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital and Western Digital Capital, along with Google. Western Digital Capital, the venture capital arm of Western Digital, was an existing investor in Avere. Avere is based in Pittsburgh, Pa, and has now raised $97M in total. Western Digital Cdapital has invested more than $250M in more than 20 startups, according to its website.

 
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Qualcomm, AT&T, CH2M In Water Management Effort

Friday, March 24, 2017

San Diego-based Qualcomm Intellignt Solutions, a subsidiary of Qualcomm Incorporated, has linked up with AT&T and CH2M to use Qualcomm's modem technology to monitor water usage in Georgia the company said on Thursday. Qualcomm said its power-efficient modems are being used to monitor non-revenue water usage for the Gwinnett County Department of Water Resources (Gwinnett County) in Georgia. Financial impact of the win was not announced. Qualcomm's modems will be used to connect ultrasonic water meters to AT&T's LTE network.

 
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Advertisement

Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
http://www.keyinfo.com/braas-free-trial/


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Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
equity/angel investors April 26, 2017 at the Recurring Revenue Conference
(http://www.recurringrevenueconference.com" rel="nofollow">www.recurringrevenueconference.com) presented by Sutton Capital Partners.
Whether you are a SaaS or subscription business, or if customer retention
is critical to your success, this is the venue to attend. Register at:
https://rrc2017.eventbrite.com
and use PROMO CODE: SocalTECH for 20% discount. Questions? contact:
nh@suttoncapitalpartners.com


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Square 1 Bank

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 rchurchill@square1bank.com.


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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">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.


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Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


Thursday, March 23, 2017

Ignyta Seeks To Sell Off Development Program

Thursday, March 23, 2017

San Diego-based biopharmaceuticals developer Ignyta said on Thursday afternoon that it is looking to sell of its taladegib oncology program, after reaching a deal to change licensing terms it has with Eli Lilly and Company. Ignyta said it is "exploring strategic options" for taladegib, as it shifts it focus to its molecular therapy program, entrectinib. Taladegib is aimed at potentially treating a number of rare cancers. Ignyta did not say how much it is looking to sell the program for.

 
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FreedomPop Launches New Family Plan

Thursday, March 23, 2017

Los Angeles-based mobile service provider FreedomPop has launched a new, pre-paid family plan, and a free family wireless bundle of up to 1GB of free data and free voice calls and texts, the company said on Wednesday. FreedomPop said families can have as many as 10 lines on its famil plans, with a $5 line fee per line, and additional, larger data plans starting at $15.00. FreedomPop contrasted its free data plans with those fram major carriers, which can cost more than $70 and up per month; the company says families can save more than $1,000 a year by using its services. The company makes it money through premium data plans, which range from 2GB of shared data for $14.99 per month to 25GB of shared data for $159.99 a month.

 
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TVPage Adds Investor To $3M Funding Round

Thursday, March 23, 2017

San Diego-based TVPage, a startup developing cloud-based technology for monetizing video content, said on Thursday that it has added Greg Silverman as an investor in a recent $3M funding round. Silverman is the former president of Warner Bros. Pictures. TPage is led by CEO Allon Caidar, and says it is developing "omni-channel video commerce technology", to help digital media publishers monetize their video content.

 
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Water Planet: Our Seed Investor Is Kevin Costner

Thursday, March 23, 2017

Los Angeles-based Water Planet, which develops water treatment membrane technology originally developed at the University of California, Los Angeles (UCLA), revealed today that its seed investor is none other than actor Kevin Costner. The company said that Costner and his business partner, Rod Lake, were actually the company's founding investors back in 2011. The involvement of Costner is the first time the company has detailed the actor's investment; the company has previously announced funding from the ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund. Water Planet's CEO and founder is Erik Hoek, who was a Professor of Engineering at UCLA. Movie fans might recall that Costner was behind the 1995 movie, Waterworld.

 
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Jam City, Family Guy Roll Out New Mobile Game

Thursday, March 23, 2017

Los Angeles-based mobile game developer JamCity, and the animated series, Family Guy, said this morning the two have teamed together to launch a new mobile game called Family Guy: Another Freakin' Mobile Game. The game was created in collaboration with Twentieth Century Fox Television, and has just started pre-registering fans for the new title. According to Jam City, the new game lets players "help Peter Griffin save Quahog--one drink at a time", and is not for kids or the "easily offended". Jam City said it will be adding new content weekly, with regular tie-ins to episodes. The title is the fourth created by Jam City in collaboration with Twentieth Century Fox Televisoin.

 
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SPACES Expands Advisory Board

Thursday, March 23, 2017

Playa Vista-based virtual reality content developer SPACES announced on Wednesday that it has added Ian Richter, the former EVP of franchise and emerging platform development at Legendary Entertainment, and Joe Garlington, formerly of Walt Disney Imagineering, to its advisory board. Richter was most recently Executive Vice President of Franchise and Emerging Platform Development at Legendary Entertainment, an also was at DreamWorks Animation; Richter has worked on Kong: Skull Island, Trolls, How to Train Your Dragon and The Spectacular Spider-Man. Garlington was at Walt Disney Imagineering for more than 20 years, most recently as Vice President and Executive Creative Director; he retired in 2014. SPACES is venture backed by Comcast Ventures, Songcheng Performances Development Co. Ltd., Boost VC, Colopl VR Fund, GREE Inc., Kai Huang; The Venture Reality Fund, and Youku Global Media Fund and CRCM VC.

 
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ServiceTitan Links With ClearPathGPS For Vehicle Tracking

Thursday, March 23, 2017

Glendale-based software developer ServiceTitan, which develops enterprise software to help manage residential HVAC, plumbing, and electrical services businesses, says it has linked up with vehicle tracking company ClearPathGPS. According to ServiceTitan, it has partnered with ClearPathGPS to integrate its technology with its software, adding real-time location and visibility data to its software. ServiceTitan says the move provides real-time visibility into a company's vehicles and crews, enablging faster dispatch time, reduces unsanctioned stops, lowers fuel costs, and more. Financial details ofthe partnership between the firms was not announced. ServiceTitan is led by CEO Ara Mahdessian.

 
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Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
Angeles-based​ executive search firm built for SoCal​'s
​emerging companies working on ~100 searches per year. Clients cross
over mobile, adtech, media, gaming, software, ecommerce, services, and
consumer products.​ We always want to meet great companies,
investors and executives, please reach out via
http://www.safirepartners.com.


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Project X – New Design Focused Accelerator in Los Angeles

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Binary Pulse Technology Marketing

We produce and manage content-centric campaigns that enable our clients to
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For nearly twenty years, California's industry-leading tech firms have
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Our services include:
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Please visit us at http://www.binarypulse.com to learn more or give us a
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Tech Coast, by Silicon Maps, Inc.

Tech Coast, by Silicon Maps, Inc. – Put Your Company On The Map!
Promotional Marketing

The Tech Coast Map & Calendar, the iconic industry symbol of Technology
Innovation in Southern California. The yearly publication is promoted
through Print Distribution, Industry Trade Events, Digital Displays,
Press
Releases, Interactive Web and through Industry Trade Organizations.

Put Your Company On The Map! Spotlight your company and Create brand
awareness to thousands of technology decision makers locally, nationally
and globally. Take part in this effective yearly map campaign to support
your region, brand and location(s) while promoting your company as an
industry leader, world class innovator and choice employer. The custom
imprinted Poster Calendars make the perfect promotional year-end gift for
stakeholders and a terrific promotional hand-out all year long. Contact
us
direct for more information at sales@siliconmaps.com and view the large
interactive map on our website at https://www.siliconmaps.com/tech-coast/


Advertisement

Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
equity/angel investors April 26, 2017 at the Recurring Revenue Conference
(http://www.recurringrevenueconference.com" rel="nofollow">www.recurringrevenueconference.com) presented by Sutton Capital Partners.
Whether you are a SaaS or subscription business, or if customer retention
is critical to your success, this is the venue to attend. Register at:
https://rrc2017.eventbrite.com
and use PROMO CODE: SocalTECH for 20% discount. Questions? contact:
nh@suttoncapitalpartners.com


Wednesday, March 22, 2017

Pocketwatch Picks Up $6M For Kids Media Brand

Wednesday, March 22, 2017

Culver City-based Pocketwatch, a startup media brand focused on creating and acquiring content for kids, has raised $6M in a Series A funding round. The funding was led by Third Wave Digital, and also included Les Moonves (CBS ), Jon Landau (Avatar & Titanic), United Talent Agency (UTA), Robert Downey Jr. (Downey Ventures) and Chris Jacquemin (WME). Pocketwatch says that it creates, acquires, distributes and curates content for kids age 2-11. Chris M. Williams is the CEO and founder of Pocketwatch, who says the company's mission is to "create the ultimate headquarters for kids". The company will use the funding to build out media channels on YouTube and elsewhere, plus develop its own franchises and attract "creator partners".

 
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Cubic Wins $20M Navy Contract

Wednesday, March 22, 2017

San Diego-based Cubic Corporation reported on Wednesday that one of its divisions, Cubic Mission Solutions (CMS), has scored a contract worth more than $20M from the U.S. Navy. Cubic said the award goes towards the delivery of a portable common data link system for the U.S. Navy's Space and Naval Warfare Systems Command (SPAWAR). SPAWAR is based in San Diego. Those data systems are used in the Navy's P-3C, P-8A aircraft and the MQ-4C Triton aircraft.

 
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Lightpost Digital Lands New Funding For Online Marketing Services

Wednesday, March 22, 2017

San Diego-based Lightpost Digital, a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The company is a spinout of Deal Current, and was founded in 2015. The company focuses on website development, SEO, Facebook ads, and review monitoring.

 
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Purple Squirrel Raises $2.7M To Help You Network Your Way Into A Job

Wednesday, March 22, 2017

Venice, California-based Purple Squirrel, a new startup focused on helping people network with employees of existing companies in order to get an inside track on jobs, has raised $2.7M in a seed funding. The funding was led by CrossCut Ventures, and also included Greycroft, Arena Ventures, Luma Launch and 500 Startups. The startup is led by Jon Silber. According to Purple Squirrel, it is looking to match up job seekers with employees at companies, and to prevent job seekers' resumes from going into a black hole. The company's service focuses on matching up job seekers with "advocates" within companies, who are compensated for talking to those job seekers about their employers.

 
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More information » (Subscribers only)

Green Commuter Launches Tesla Model X Vanpool Service

Wednesday, March 22, 2017

Los Angeles-based Green Commuter said on Tuesday that it has begun its vanpool operation in Los Angeles, using Tesla's Model-X 7 passenger SUVs. According to Green Commuter, it has begun leasing its fleet of Tesla Model X electric vehicles to vannpoolers, with a single vanpool between Palmdale and Valencia, and 86-mile round trip daily commute. Green Commuter says it plans to deploy an additional 10 Tesla Model X vehicles in the spring, with plans to have the fleet at 50-80 units by the end of the year.

 
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Edlio Acquires Sangha, Raises $40M

Wednesday, March 22, 2017

Los Angeles-based educational content management software developer Edlio said late Tuesday that it has acquired Sangha, the developer of a personalized, mobile parent interaction app. Financial terms of the acquisition were not announced, however, Edlio said the acquisition and integeration of Sangha was being funded by a $40M investment from private equity investor L Squared. Sangha Co-Founders Pavan Batchu, Srivatsan Srinivasan and Srikanth Thadakamalla have all joined Edlio as paret of the acquisition. Edlio says it powers more than 5,000 school and district websites.

 
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Microsemi Shutters Chinese Factory

Wednesday, March 22, 2017

Aliso Viejo-based semiconductor developer Microsemi said on Tuesday that it has closed its manufacturing facility in China. According to the company, the "lower value" discrete devices which were manufactured at the facility are "not aligned" with its strategic direction. Microsemi did not detail which devices in its lineup were being manufactured at the plant, but said that its customers have been notified and the process of closure is under way. The company said there will be no material impact on its earnings due to the closure.

 
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


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Introducing KeyCloud Backup and Recovery as a Service (BRaaS)

Let’s face it - backups are generally a thankless job and the consequences
for getting it wrong can be grave. From evaluating current environments,
to proactively monitoring and managing systems, KeyCloud is involved in
every step of the process.

KeyCloud BRaaS is a fully managed backup and recovery solution for your
mission critical data. It includes the software, offsite storage and
support - all in an enterprise-grade cloud environment that provides
massive scalability, and guaranteed restorability. With KeyCloud, rest
assured knowing your most important data is always protected and
available, without the hassle of managing it yourself.

To receive a risk free 2 month trial of KeyCloud BRaaS, visit
http://www.keyinfo.com/braas-free-trial/


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Square 1 Bank

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 rchurchill@square1bank.com.


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Oracle

Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services for small and mid-sized businesses. For
more information about Oracle (NYSE:ORCL), visit www.oracle.com. In Los
Angeles, contact Ryan Mondillo (Ryan.Mondillo@oracle.com).


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SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators

IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP
Strategy .

Westlake Village . Santa Barbara . Irvine.

info@socalip.com 805-230-1350 www.socalip.com


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Stradling

Stradling, Attorneys At Law (http://www.sycr.com" rel="nofollow">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.


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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
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Binary Pulse Technology Marketing

We produce and manage content-centric campaigns that enable our clients to
connect with their prospects.

For nearly twenty years, California's industry-leading tech firms have
turned to Binary Pulse for their demand-generating strategies and
programs.

Our services include:
-- Demand Generation Planning and Execution
-- Content Strategies & Editorial Calendar Management
-- Marketing Automation Systems and Administration
-- Channel Program Development
-- Web Site Design & Development
-- Corporate and Product Branding
-- Video Production and Marketing
-- Whitepaper Authoring and Syndication
-- Social Media Marketing

Please visit us at http://www.binarypulse.com to learn more or give us a
call at 949-336-7400.


Tuesday, March 21, 2017

Beautycon Media Gets $9M In Series A

Tuesday, March 21, 2017

Los Angeles-based conference and digital media events operator Beautycon Media, which operates conference and events focused on fashion and beauty, has raised $9M in a Series A funding round. The funding came from A+E Networks, Live Nation, and Main Street Advisors. The company's other investors include BBG Ventures, Hearst Media, Superfly, MACRO, Third Wave Digital, Troy Carter, Heather Parry, Guy Oseary, James Lassiter, Peter Morton, Tyra Banks, Rachel Zoe, Fullscreen Media, QueensBridge Venture Partners, Gleam Futures, Storm Models, Bethany Mota and CAA. Beautycon is led by Moj Mahdara. The company last raised funding in 2014.

 
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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

Tuesday, March 21, 2017

The Snapchat analytics software developed by Los Angeles-based Naritiv, a startup producing online content for brands, has been acquired by social media management firm Hootsuite. The announcement was made on Tuesday. Financial terms of the acquisition were not announced. Hootsuite said that members of the Naritiv product team will join Hootsuite as part of a new Los Angeles office. Hootsuite said the acquisition specifically was geared towards the Snapchat analytics solutions created by Naritiv. Naritiv was venture backed by Luminari Capital, Third Wave Digital, Walt Disney Co., and Allen DeBevoise. (Editor's note: A spokesperson for Nartivi says that Naritiv's co-founders Dan Altmann, Eric Posen and team will not join Hootsuite but will continue to operate the company, saying that the company will "focus on building a media company that develops original content on mobile platforms, along with today's biggest creators and brands.")

 
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Rocket Lab Receives $75M, Joins Unicorn Club

Tuesday, March 21, 2017

Huntington Beach-based RocketLab, which is developing rocket technology specifically aimed at launching satellites into space, has raised $75M in a Series D funding, which it says values the company in excess of $1 billion. The funding was led by Data Collective, and also included Promus Ventures, Bessmer Venture Partners, Khosla Ventures, K1W1, and another un-named investor. The company says it has now raised $148M in total. Rocket Lab is led by Peter Beck, and also has major operations in New Zealand. Matt Ocko of Data Collective joins the company's board alongside the new funding round.

 
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More information » (Subscribers only)

Zadara Storage Expands Support To AWS Beijing

Tuesday, March 21, 2017

Irvine-based enterprise storage services provider Zadara Storage said today that it has expanded its support for Amazon Web Services storage regions, to AWS Beijing. Zadara said the expansion comes in a partnership with Futong, which will make Zadara's VPSA Storage Array at the Sinnet Technology Co., Ltd, data center. Zadara said the region is its sixth AWS region internationally. Zadara's product provides storage area network (SAN), network attached storage (NAS), and object-based storage using cloud storage.

 
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Hyperloop Transportation Technologies Starts Passenger Capsule Development

Tuesday, March 21, 2017

Los Angeles-based Hyperloop Transportation Technologies (HTT), one of three companies working on the Hyperloop concept in Los Angeles, announced this morning that it is beginning development of a full-scale, passenger capsule for its Hyperloop systems. HTT said the capsule is being developed at its R&D center in France. The capsule will be developed in conjunction with technology partner Carbures S.A., which focuses on the aeronautics and aerospace market. HTT said its capsule is expected to carry from 28 to 40 people and will be nearly 100 feet long.

 
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XYPRO Technology Corporation Buys Merlon Software

Tuesday, March 21, 2017

Simi Valley-based XYPRO Technology Corporation, which develops security software for HPE NonStop servers, has acquired Merlon Software Corporation. Financial details of the acquisition were not announced. Merlon Software develops database management software for HPE NonStop servers, and is based in Mississauga, Ontario, Canada.

 
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ServiceTitan Links With SEO Provider

Tuesday, March 21, 2017

Glendale-based ServiceTitan, which is developing software for helping plumbing, HVAC, and other service businesses manage their business, has linked up with search engine optimization (CSEO) provider Plumbing & HVAC SEO. According to ServiceTitan, it will integrate with Plumbing & HVAC SEO, which will help ServiceTitan's customers increase sales and book more customers. ServiceTitan is led by Ara Mahdessian. The company's cloud-based software is aimed at home service companies, managing everything from customer relationship management and dispatch to marketing and reporting.

 
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Teledyne Wins $10M Contract For Sensors For Mission to Jupiter

Tuesday, March 21, 2017

Thousand Oaks-based Teledyne Technologies said late Monday afternoon that Teledyne Scientific & Imaging, one of its subsidiaries, has been awarded $9.98M in a contract from the French Space Agency, the Centre National d'Etudes Spatiales (CNES), to support a mission to Jupiter. According to Teledyne, it will provide infrared detectors and electronics for the European Space Agency (ESA) JUICE mission to Jupiter, which is expected to launch in 2022. Those instruments are aimed at being used to study the composition of Jupiter's atmosphere. the JUICE mission is expected to reach Jupiter in 2030. Teledyne Scientific & Imaging's sensor technology has been used on the Hubble Telescope, The James Webb Space Telescope, and other spacecraft.

 
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Salka To Acquire, Sell Wind Farm in Altamont Pass

Tuesday, March 21, 2017

San Diego-based renewable energy developer Salka said today that it has reached a purchase and sale agreement for a wind farm in the Altamont Pass, just east of San Francisco. According to Salka, it will "re-power" a former Altamont Pass wind farm, by replacing 569 existing wind turbines with 27, modern turbines. Once it has retrofitted that wind farm, Salka said it will sell the project to private equity investor Castlelake, L.P. The Summit Wind Project will provide 55 megawatts of energy to the Bay Area, or approximately enough energy to power 29,000 homes every year. Salka is led by CEO Jiddu Tapia.

 
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


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Recurring Revenue Conference - April 26 -Los Angeles

Join local entrepreneurs, SaaS innovators, leading VCs, private
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Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
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The 14th Annual LAVA Venture Awards Dinner - March 22nd

The Los Angeles Venture Association (LAVA) will hold its 14th Annual
Venture Awards Dinner to recognize Southern California’s best
venture-backed companies, and to celebrate the induction of a special
guest into the LAVA Hall of Fame. The awards dinner will be attended by
over 300 leaders in the Venture Capital community, including CEOs and
founders of successful emerging companies. This year honors Jeff Stibel of
D&B Credibility.

Wednesday, March 22, 2017
5:30pm - 10pm
The Fairmont Miramar Hotel, Santa Monica

Register today!
https://lava.site-ym.com/events/EventDetails.aspx?id=902355&group=


Monday, March 20, 2017

Report: ShadeCraft Raises $2M For Solar Tracking Sunshade

Monday, March 20, 2017

Pasadena-based ShadeCraft, which is developing a "smart" sunshade/umbrella which tracks the sun, absorbs solar energy, and includes built in speakers, a camera, and smartphone charger, has reportedly raised $2M in a seed funding. Source and details of that funding have not been announced. The company is targeting its sunshade/umbrella for use at home, on the beach, and at outdoor activities.

 
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Peregrine Semiconductor Buys Arctic Sand Technologies

Monday, March 20, 2017

San Diego-based Peregrine Semiconductor, which is now owned by Murata, has acquired Arctic Sand Technologies, a developer of low power semiconductors used for DC-DC power conversion. Financial details of the acquisition were not announced. Peregrine and Murata said the acquisition will help Murata in its power electronics efforts. Artic Sand was based in Burlington, Mass.

 
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SpaceX Returns Dragon, And NASA Cargo, To Earth

Monday, March 20, 2017

SpaceX, the Los Angeles-based spacecraft and rocket developer led by Elon Musk, successfully returned a SpaceX Dragon capsule to earth on Sunday, full of 5,400 pounds of cargo from the International Space Station. The SpaceX Dragon departed the ISS at 5:11 a.m. ET on Sunday, March 19th, and splashed down in the Pacific Ocean at 7:52 a.m. PT. SpaceX says it is now transporting the Dragon to NASA. SpaceX typically returns those capsules through Long Beach. The SpaceX Dragon had been at the ISS for a month, after a successful launch in February.

 
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SetPoint Medical Adds New Enterprise Associates As Investor

Monday, March 20, 2017

Valencia-based biomed startup SetPoint Medical announced this morning that it has received a new investment from New Enterprise Associates. Size of the investment, and details of the round, were not announced by the company. SetPoint said that NEA joins Morgenthaler Ventures, Boston Scientific, Topspin Partners, Medtronic, and GlaxoSmithKline's Action Potential Venture Capital Limited as an investor in the company. As part of the investment, Setpoint is adding Josh Makower, General Partners at NEA, to its board. SetPoint is developing treatments for inflammatory, autoimmune diseases.

 
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Machinima Names New GM As Gutstein Leaves

Monday, March 20, 2017

Burbank-based Machinima said last week that it has named Russell Arons, Senior Vice President of Worldwide Marketing of Machinima owner Warner Bros. Interactive Entertainment, as General Manager, to take over from current CEO Chad Gutstein, who the company said is leaving to "pursue entrepreneurial projects." Gutstein has been CEO of Machinima since 2014. According to Machinima, Arons and Gutstein are working on a "multi-week" transition plan. Arons will now lead Machinima's creative, marketing services, data analytics, business development, and operations. She has been at Warner Bros. since 2009, and previously also had served at Electronics Arts, InfoSpace, and Mattel. Warner Bros. acquired Machinima in November of last year.

 
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Yardi Gets Win In Kuwait

Monday, March 20, 2017

Santa Barbara-based real estate management software developer Yardi has scored a win in Kuwait at the Kuwait Financial Centre "Markaz", the company said last week. Yardi said that Markaz will use its Yardi Voyager 7S software for its real estate portfolio management. Financial impact of the deal was not announced. Markaz has more than $3.05 billion (US) in assets under management. Markaz provides asset management and investment banking in the Middle East.

 
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