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Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


Wednesday, April 26, 2017

Faraday Future Sued By Faraday Bicycles In Trademark Suit, Adding To Legal Woes

Wednesday, April 26, 2017

Los Angeles-based Faraday Future, which is developing high tech electric vehicles, has been sued by a manufacturer of electric bicycles, Faraday Bicycles, in a trademark lawsuit in the Ninth Circuit, California Northern District Court. Faraday Bicycles alleges that Faraday Future is infringing upon its trademark, which it obtained in October 2013, and cited the rejection of Faraday Future's application for its own trademark in 2016 where the U.S. Patent and Trademark Office said the company's name was likely to be confused with the bicycle brand. Faraday Bicycles is seeking an injunction plus unspecified damages in the lawsuit, Faraday Bicycles, Inc. v. Faraday Future Inc. The lawsuit was filed Tuesday. Faraday Future, the electric car company, is already busy in the court system, with a lawsuit against it by former partner Aecom alleging unpaid bills, another lawsuit (now dismissed) by test seat manufacturer Futuris, a lawsuit by landlord Beim Maple Properties alleging it has missed payments for its warehouse in Torrance, and even a lawsuit by a visual effects firm over lack of payment for creating the company's splashy presentation for its launch of its FF91 vehicle.

 
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Sense360 Scores $7M

Wednesday, April 26, 2017

Los Angeles-based Sense360, a developer of analytics software and mobile sensor technology for helping restaurants undersetand how consumers are interacting with their locations, has raised $7M in a Series A funding. The funding was led by Firstmark, and also included Qualcomm Ventures and Upfront Ventures. Sense360 is led by startup veteran Eli Portnoy, who was last founder of ThinkNear, which he took from start to exit in only 14 months. As part of the funding, Sense2360 added Noah Glass (Olo), Joel Ach (Darden Restaurants), Alex Vayslep (Maritz Holdings), and Huw Griffiths (Universal McCann) to its advisory board.

 
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Dave Gets $3M To Help You Avoid Bank Overdrafts

Wednesday, April 26, 2017

Los Angeles-based Dave, a developer of artificial intelligence for preventing bank overdraft fees, said this morning that it has raised $3M in a seed funding round. The funding came from Mark Cuban, SV Angel, The Chernin Group, along with Jonathan Kraft, Skip Paul and Diplo. Dave's mobile app helps users predict their expenses and avoid overdrafting their checking accounts--plus also lets users borrow money as an advance on their paycheck.

 
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Interview with Eugene Cho, Echo

Wednesday, April 26, 2017


Eugene Cho is CEO of San Diego-based Echo (www.discover-echo.com), a startup which is developing a new kind of microscope. The startup is backed by the Tech Coast Angels and Dolby Ventures. Eugene tells us about how his long experience in sales in the microscope industry really enabled the company to get traction quickly, and how that traction--and particularly, sales and market knowledge--was the key to finding funding for its efforts, changing the conversation from "what's this widget about" to "how much capital do you need to fund more sales growth?"

Explain what's special about Echo's microscopes, and what's your background?

Eugene Cho: We have developed the first and only hybrid microscope. There are typically two types of microscopes. One, is an upright, traditional looking microscopes, where you look at glass slides. Those are what you're used to if you used them in elementary or high school. The second, is for life science applications, where you want to look at a petri dish at live cells or tissue. In order to view those cells and tissue, you want an inverted microscope. Those are mostly used in lifescience and health care. My background is I was a sales rep in this industry for fourteen years, with Nikon. The first thing you are trained on, is to qualify customers and figure out if they need upright or inverted microscopes. While the two systems use similar optical components, you have to choose A or B....

 
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AltheaDx Finds $27M In New Funding

Wednesday, April 26, 2017

San Diego-based AltheaDx, which is developing molecular diagnostics technology for the personalized medicine market, has raised $27M in its Series D funding round. Source of the new funding was not announced by the company. AltheaDx said the funding will go towards expanding its sales force and scaling up marketing efforts. AltheaDx is led by President and CEO Jorge Garces.

 
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Digital Domain Debuts Virtual Reality App

Wednesday, April 26, 2017

Playa Vista-based Digital Domain, the visual effects provider which has been making a big push into virtual reality content, said on Tuesday that it has launched its own app for viewing virtual reality content. The company said the app includes both content created in-house at Digital Domain, as well as works from its industry partners, including animation, short films, and documentaries plus live and video on demand content from musical, political and entertainment events. The app is free, and runs on iOS, Android, and Google Daydream, and Samsung Gear VR.

 
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Zadara Wins Eastman Kodak Spinoff

Wednesday, April 26, 2017

Irvine-based storage-as-a-service provider Zadara Storage said on Tuesday that it has been selected by Kodak Alaris, a spin off from Eastman Kodak Company. Zadara said Kodak Alaris is using its Zadara VPSA storage array. Zadara's products are used by companies to implement storage in the cloud, appearing as a local storage array or storage controller, but tapping into a number of different cloud storage options. Kodak Alaris is a provider of information management software for professional photographers, retailers and photofinishers, and others.

 
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Tuesday, April 25, 2017

MomentFeed Links With Snapchat

Tuesday, April 25, 2017

Los Angeles-based MomentFeed, which develops social marketing software to help multi-location, retail brands better manage the information about their local stores, has linked up with Snapchat's partner program, according to the company. Snapchat said that MomentFeed is now one a number of "Snapchat Partners", which lets MomomentFeed's customers execute targeted, location-based paid advertising campaigns using Snap Ads and Geofilters. MomentFeed says its tools are used by such brands as Starbucks, Mercedes Benz and PinkBerry to verify, manage, and update store locations and information.

 
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Forge Therapeutics Gets $15M

Tuesday, April 25, 2017

San Diego-based Forge Therapeutics, a biotechnology startup developing antibiotics, said on Tuesday that it has raised $15M in a Series A funding. The funding was led by MagnaSci Ventures, along with Evotec AG, Alexandria Venture Investments, MP Healthcare Venture Management, Red Apple Group, and WS Investments. MagnaSci Ventures's Brian Dorsey joins the company's board along with the funding.

 
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Sienna Biopharmaceuticals Gets $40M In Series B

Tuesday, April 25, 2017

Westlake Village-based Sienna Biopharmaceuticals, which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. The funding was led by ARCH Venture Partners and Venvest Capital, and also included Partner Fund Management, Altitude Life Science Ventures, and Dr. David Pyott, plus new investors Fidelity Management & Research Company, certain investment funds advised by Clough Capital Partners L.P., Omega Fund Management, and others. The company said the funding will go advance its biotech pipeline, which includes pharmaceuticals for treating pruritus and psoriasis; atopic dermatitis, psoriasis and pruritus; and treatment of acne vulgaris and the permanent reduction of unwanted light-pigmented hair.

 
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TeleSign Acquired By BICS For $230M

Tuesday, April 25, 2017

Los Angeles-based TeleSign, which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS, in a deal worth $230M in cash plus unspecified earnout. BICS said that TeleSign has annual revenues of around $100M. As part of the deal, BICS said that TeleSign will continue to operate independently as a wholly-owned subsidiary of the company, led by current CEO Aled Miles. Daniel Kurgan, CEO of BICS, will become Chairman of TeleSign. TeleSign is venture backed by Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Corp. The company's services are very widely used among top tier cloud and Internet companies, to power the mobile authentication features of those sites, as well as to prevent e-commmerce fraud.

 
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Trump Takes Aim At CrowdStrike

Tuesday, April 25, 2017

Irvine-based cybersecurity firm CrowdStrike appears to be the latest victim of unsubstantiated "facts" from the current White House administration, as President Trump inferred that the company, incorrectly, is owned by a "very rich Ukrainian". The company is actually backed by Google Capital, Rackspace, Accel Partners, and Warburg Pincus. CrowdStrike's founder is George Kurtz, who founded Irvine's Foundstone, and later sold it to McAfee. Axios reports that the incorrect White House assertion might be because CrowdStrike's co-founder and CTO, Dmitri Alperovitch (an American citizen) is of Russian heritage. CrowdStrike's executives were active in boosting U.S. cybersecurity under the prior administration, alongside executives from IBM, MasterCard, Microsoft, and others.

 
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Science 37 Gets $29M To Extend Clinical Trials To Patient Homes

Tuesday, April 25, 2017

Playa Vista-based Science 37, which is developing technology and a model that allows pharmaceuticals companies and others to conduct clinical trials in patients' homes--rather than dedicated, off-site facilities--has raised $29M in a Series C funding round. The round was led by Glynn Capital Management, and also included GV (formerly Google Ventures), plus Amgen Ventures, Lux Capital, Redmile Group, dRx Capital (a Qualcomm and Novartis joint investment company), and Sanofi Ventures. The company says it ihas now raised almost $67M in total. Science 37 uses telemedicine, traveling nurses, and other technology which helps companies conducting clinical trials to reach hard to reach patient groups, including minorities, cancer patients, and others who are far away from research-focused medicial facilities. Science 37 is led by CEO Noah Craft.

 
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Rubicon Project Powers Digital Jukebox Advertising Marketplace

Tuesday, April 25, 2017

Los Angeles-based Rubicon Project is applying its programmatic advertising technology to digital jukeboxes, in a deal with connected, digital jukebox developer TouchTunes. According to the two, TouchTunes' "out-of-home" audience will be made available programmatically in a real-time buying marketplace powered by Rubicon's technology. The comapnies said TouchTunes has a reach and monthly audience of over 38 million unique visitors.

 
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Newegg Links With Chinese Payment Service PingPong

Tuesday, April 25, 2017

Los Angeles-based online electronics retailer Newegg said this morning that it has linked with PingPong, a provider of secure payment services for Chinese sellers, to help make it easier for its Chinese sellers to collect payments from customers. Financial details of the link were not announced. The two said that PingPong's payment service helps Chinese sellers overcome the challenges of cross-border online sales.

 
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Heron Therapeutics Names CFO

Tuesday, April 25, 2017

San Diego-based Heron Therpaeutics, a biotechnology firm developing treatments for pain, has named Robert E. Hoffman as its Chief Financial Officer and Senior, Vice President, Finance. Hoffman was recently serving as EVP and CFO of Innovus Pharmaceuticals for the last eight months, and also was recently CFO of AnaptysBio. Hoffman also has been at Arena Pharmaceuticals and Polaris Group, and is on the board of CombiMatrix, Kura Oncology, and MabVax Therapeutic Holdings.

 
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Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


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Whether you are a SaaS or subscription business, or if customer retention
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Over 30 speakers from companies such as: ZipRecruiter, Zoom, Ring
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April 26, 2017 . 9:30am-5:30pm. Cocktail reception: 5:30-7:30pm
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Register at: https://rrc2017.eventbrite.com and enter promo code:
SoCalTECH100off for a $100 discount on the ticket price. Limited time
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Questions? Contact: Nancy Hammerman at: nh@suttoncapitalpartners.com


Monday, April 24, 2017

New App, JobFlare, Looks To Sharpen Your Brain--And Maybe Get You A Job

Monday, April 24, 2017

A new app, JobFlare, developed by Los Angeles-based Criteria Corp., is hoping to tap into the enthusiasm of consumers for games--which just might attract employers. According to Criteria, which has been offering up pre-employment testing services to employers since 2006, its new cam allows job seekers to play a set of six, 90-second brain games, which it says are "scientifically crafted" to test key talents and cognitive abilities. Criteria said that--based on performance in those games--it will send relevant job postings via email to game players. The company said its game lets users show off their potential, and also helps employers find people who have abilities that its says predict long-term job performance--but can't be gleaned from a resume.

 
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Soylent Recalls Powder, Again

Monday, April 24, 2017

Los Angeles-based food alternative firm Soylent has issued another recall of its Soylent Powder, after it found that its Soylent 1.8 Powder may have accidentally included milk in the product. The company said that a "small amount" of whey powder may have been incorporated into one production lot of Soylent 1.8 powder during manufacturing, saying that people who have an allergy or severe sensitivity to milk run the risk of "serious or life-threatening allergic reaction" if they consume the product. Luckily, for Soylent fans, the recall is less severe than an earlier recall in October, when its Soylent powder reportedly caused nausea, vomiting, diarrhea, and other issues in customers. Soylent said the recall only included specific lots expiring in February of 2018. The company said the contamination of Soylent 1.8 occurred at its "third party facility" during manufacturing.

 
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Influential Names New CFO, COO

Monday, April 24, 2017

Los Angeles-based influencer marketing software developer Influential says it has named Michael Lin as its new dual CFO and COO. Lin was previously CFO at Mavenlink and Cake, and also served at Gehry Technologies and Fast Search and Transfer. The company said that Lin will play a "vital role" in its growth, directing financial strategy, business planning, and operations. Influential says it is using artificial intelligence and technlogy from IBM Watson to help brands and agencies tap into a network of more than 17,000 highly engaged influencers on Facebook, Instagram, Snapchat, Twitter, and YouTube, and elsewhere.

 
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Hot On Heels Of DogVacay Buy, Rover.com Launches National Ad Push

Monday, April 24, 2017

Pet sitting and dog walking marketplace operator Rover.com--which just acquired Santa Monica-based DogVacay last month--has has launched a big re-branding as "The Dog People", in its first, national advertising campaign. Rover.com said the move is a result of its recent acquisitino of dog sitting network DogVacay. Rover.com says it the new campaign is the biggest media investment that it has made to date, with a planned spending of $4.5 million in marketing this year. Rover.com rolled out a new set of ads, including Meet the Dog People, which it says is a result of adding DogVacay's network of over 100,000 dog sitters in the U.S. and more than 75,000 active dog walkers.

 
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Precellerator Names Sixth Class

Monday, April 24, 2017

Santa Monica-based The Preccelerator Program, which is run by Stubbs Alderton & Markiles, LLP, has announced its sixth class, saying it has added five startups to its startup accelerator program. The accelerator said it has added Animate Objects (AR/VR technology); RentSpree (apartment rental applications); Tapp That App (mobile app discovery); Ca$het (product placement in TV shows and movies); and Swoppit (social marketplace for fashion) to the program. The Precellerator Program says that over the last five years, 22 companies have graduated from its program, with 16 receiving a total of $8M in funding. Editor's note: Stubbs Alderton & Markiles LLP is a long sponsor of the publication, although that does not affect our editorial coverage.

 
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MakeSpace Raises $30M More For On Demand Storage To Expand In LA

Monday, April 24, 2017

MakeSpace, a provider of "on-demand" self storage in Los Angeles, new York City, Chicago, and Washington D.C., has raised $30M in a funding round, from 8VC and Upfront Ventures. MakeSpace is led by Sam Rosen. According to the company, the funding will go towards building outs its operations in Los Angeles as well as its other cities. MakeSpace picks up items from people for storage, on a bin-by-bin basis, and also has mobile apps which lets people see what is in those bins. The company has plans ranging from a 2x2 "Hall Closet" for $59/month in LA, to enough space to store a 10x20 "3BR Apartment" at $429/month. The company says its costs of self storage--due to no need to provide direct customer access, ability to store items in a denser space, automation, and other efforts--reduces its costs to 50% that of traditional self storage operators.

 
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Inseego Resets Effort To Gain Approval For MiFi Sale, Again

Monday, April 24, 2017

San Diego-based Inseego--the company once known as Novatel Wireless--along with Jade Ocean Global Limited, which is a subsidiary of T.C.L. Industries Holdings, say they once again have withdrawn their request for regulatory approval from the Committee on Foreign Investment in the United States (CFIUS). The firms said that the withdrawal, and immediate re-filing, of its request, is intended to provide additional time to provide a "definitive mitigation agreement" for approval from CFIUS. This is the second time the companies have pulled the move, after it encountered resistance to the planned sale of Novatel Wireless. The two announced a deal to sell Novatel Wireless to Jade Ocean in September of 2016, when Novatel Wireless renamed itself Inseego. The companies reset their request for approval from the CFIUS in January, saying that the reset was due to a new incoming Presidential administration.

 
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Ozobot Boosts Executive Team

Monday, April 24, 2017

Redondo Beach-based Ozobot, which develops educational robotics products, says that it has named Joby Otero as its Chief Product Officer, and Kim Salzer as Chief Marketing Officer. Otero was most recently Chief Creative Officer at Anki, and Salzer was most recently Chief Marketing Officer at Hyperloop One. Both also had served at Activision. Ozobot is backed by Tribeca Ventures, and recently raised $3M in a Series A funding. The company says it has already shipped half a million units of its "hybrid physical / digital STEAM platform".

 
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Neural Analytics Expands In Europe

Monday, April 24, 2017

Los Angeles-based medical device developer Neural Analytics, which makes a medical device used to track and measure brain health, has opened up a new office in Hamburg, Germany. The company said it the new office will help it provide its technology to European clinicians and patients. Lucid's ultrasound system is designed for measuring and displaying cerebral blood flow velocities and monitoring of patients with brain disorders.

 
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Qualcomm Signs Patent License With Firm In India

Monday, April 24, 2017

San Diego-based Qualcomm announced on Sunday that it has signed a 3G and 4G patent license agreement with Smartron India Private Limited, which will allow Smartron to develop, manufacture and sell WCDMA, CDMA2000, and 4G LTE devices. Financial details of the patent deal were not announced. The two also said they will "strategically collaborate" on early technology access and advancements in RF, camera testing and tuning and other critical calibrations required for smart devices. Qualcomm says it now has more than 300 licensees around the world.

 
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Skyworks Reports On Sustainability Efforts

Monday, April 24, 2017

Irvine-based analog semiconductor maker Skyworks has released information on its sustainability efforts, saying that it has reduced its carbon dioxide emissions by 22 percent, reduced municipal waste by 20 percent, and reduced its hazardous waste by 16 percent. The company released the information in a voluntarily public report, to showcase its commitment to sustainable business practices. The company said those reductions were on a "per-unit" basis. CO2 is the main culprit behind human created climate change, which scientists agree is causing major disruption to the earth's climate.

 
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products, semi-good stories, and underwhelming UX/UI front-end design and
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Visual. UX/UI strategy, rapid-prototyping and design, world-class
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Don't be shy. Hit us up and we will talk about your next startup.
Drop us a line // See how we can help you: info@lavisual.com
Check it out here // http://lavisual.com/projectx


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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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Early Stage Commercial Insurance - Pacific Unified Insurance Agency

We are a commercial insurance broker working with startup and early
stage technology and E-Commerce companies to implement cost effective
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provide guidance and strategic planning during various phases and also
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John Huttinger, CIC, CRM
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johnhuttinger@pacificunified.com


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Project X – New Design Focused Accelerator in Los Angeles

Launch your next MVP. Be Victorious. Conquer the perils of poorly branded
products, semi-good stories, and underwhelming UX/UI front-end design and
dev.

Project X is a business unit of the Los Angeles based digital agency La
Visual. UX/UI strategy, rapid-prototyping and design, world-class
branding, product strategy & design, testing, rollout strategies,
mentorship, and access to exclusive funding.

Don't be shy. Hit us up and we will talk about your next startup.
Drop us a line // See how we can help you: info@lavisual.com
Check it out here // http://lavisual.com/projectx


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Tech Coast Map & Calendar – Put Your Company On The Map!

Include your company on the Tech Coast Map and be part of the iconic
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Contact info@siliconmaps.com for more information and mention Socal Tech
for special industry rates.


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Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


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RECURRING REVENUE CONFERENCE - April 26 - Marina Del Rey

Today's analytical insights, coupled with disciplined tactics are enabling
companies to deepen their customer relationships in unparalleled ways.
Whether you are a SaaS or subscription business, or if customer retention
is critical for your success, the RECURRING REVENUE CONFERENCE is the
event to learn from the tech pioneers.

Over 30 speakers from companies such as: ZipRecruiter, Zoom, Ring
Central, Yapstone, Tinder, HopSkipDrive, Snack Nation, Wavemaker Ventures,
and more.

Panel discussions include: Scaling a Subscription Business; Lessons
Learned from Two Unicorn Companies; Fuel for your Growing Business, and
many more.

April 26, 2017 . 9:30am-5:30pm. Cocktail reception: 5:30-7:30pm
Marina Del Rey Marriott.

http://www.recurringrevenueconference.com

Register at: https://rrc2017.eventbrite.com and enter promo code:
SoCalTECH100off for a $100 discount on the ticket price. Limited time
only available until 4/17. This event will sell out.

Questions? Contact: Nancy Hammerman at: nh@suttoncapitalpartners.com


Friday, April 21, 2017

Gannett Co.'s ReachLocal Arm Acquires SweetIQ Analytics

Friday, April 21, 2017

Woodland Hills-based ReachLocal, the digital marketing service now owned by Gannett Co., has acquired SweetIQ Analytics Corp., a developer of software for location and reputation management. Financial terms of the acquisition were not announced. Gannett Co. said the acquisition will help it accelerate its product roadmap and expand the ReachLocal digital marketing suite of products. SweetIQ's headquarters are in Montreal, Quebec, and it also has a sales office in Irvine.

 
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Decoding The Secret To Success In Subscription Businesses: Georg Richter, OceanX

Friday, April 21, 2017


What's the secret to creating a profitable, successful, physical subscription based business--and to do that at the scale of large, consumer product goods (CPGs) companies? Georg Richter, CEO and founder of OceanX (www.oceanx.com), tells us how he's applying what he learned in many years of experience in direct selling, most recently as President and COO at Guthy Renker, to help large CPGs decode how to succeed in creating their own, physical subscription businesses. xWe spoke with a few companies in the recurring revenue area space, ahead of the Recurring Revenue Conference (https://rrc2017.eventbrite.com), which we are helping to sponsor next week.

For those not familiar with OceanX, describe your business and background?

Georg Richter: OceanX is a technology platform, and a company, solely focused on physical subscriptions. I have a long history in physical subscriptions, and spent three decades working on only physical, recurring revenue companies, and have always been involved with some kind of physical products. The difference between a physical product and a digital product, is you might buy a digital product and not use it, but with a physical product, you're reminded that you have that product and if you don't like it, will send it back. For people who send things out, it's a chance to be in front of your customer. This business is all about big companies, CPGs and specialty manufacturers, who are hoping to conquer direct selling through subscriptions....

 
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Caltech, UCLA, UCSD Rank Highly On Tech Transfer Ranking

Friday, April 21, 2017

The California Insitute of Technology (Caltech), the University of California, Los Angeles (UCLA), and the University of San Diego (UCSD) have all ranked very highly on a new ranking of universities for their technology transfer efforts, issued by The Milken Insitute, the Santa Monica-based thinktank. Caltech was ranked number 9, UCLA was ranked 15, and UCSD was ranked number 20 in a ranking over over 200 universities in the United States for their efforts in developing basic research into new technologies, products and companies, according to the Milken's new "Concept to Commercialization: The Best Universities for Technology Transfer" report, issued on Thursday. The top school in the nation for its tech transfer efforts was the University of Utah. The Milken Institute called America's research universities " among the nation's most powerful engines for domestic economic growth" and said that funding those universities and their research "brings strong returns in the form of new industries, businesses and jobs."

 
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The Gores Group Sells Fotona

Friday, April 21, 2017

Los Angeles-based private equity investor The Gores Group announced very late Thursday evening that it has reached a definitive agreement to sell Fotona Holdings, a manufacturer of high performance lasers for the medical, dental, and aesthetic market, to AGIC Capital. Financial details of the sale were not announced. The Gores Group said it acquired Fotona in 2014, through its Small Capitalization Partners investment fund. Fotona, which is based in Europe, was founded in 1964. Fotona was advised by Piper Jaffray & Co. in the transaction.

 
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OpenX Names UX VP

Friday, April 21, 2017

Los Angeles-based OpenX, the programmatic advertising marketplace operator, said on Thursday that it has named Janice Rohn as its new Vice President of User Experience (UX). Rohn, who wil be based in Pasadena, will lead the company's User Experience (UX) team, according to the company. Rohn was most recently Vice President, User Experience at PubMatic, and also had served at AT&T, Experian, World Savings Bank, Siebel Systems, Sun Microsystems, as well as Stanford University and Apple.

 
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Advertisement

Share Your Opinions On Drone Technology / CSU Channel Islands Study

Dr. Sean Anderson and his students at California State University Channel
Islands are conducting this survey on behalf of their ESRM 370
undergraduate class and their Aerial and Aquatic Robotic Research (“AARR”)
Laboratory group. We are studying the current use of and attitudes towards
Unmanned Aerial Vehicles. These devices are variously also known as UAV,
Unmanned Aerial Systems (UAS), Remotely Piloted Systems (RPS), or simply
“drones.” While the military use of these systems may often be what
people think of when they hear about this technology, we are exploring the
rapidly-expanding, non-military use of systems created by hobbyists,
researchers, and private industry.

We expect to conclude this survey by late April of 2017 and subsequently
post our results by early May to both our blog
(https://aarr.piratelab.org) and our suite of social media outlets.
Please check these sites in early May for our polling results or feel free
to contact us with any questions. Our contact (PIRatELabAARR@gmail.com)
and links to our web sites will be provided again at the end of this
survey.

Drone 2017 Survey-English

https://csuci.qualtrics.com/SE/?SID=SV_eaFKp1uyd4nHSsd

Drone 2017 Survey-Spanish

https://csuci.qualtrics.com/SE/?SID=SV_2bI8wkbVn5rfAFL


Advertisement

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
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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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Support Our News Coverage - Become A Member Today!

We often get asked--how do we pay for our news coverage and our publishing
efforts? That's simple -- it's a combination of our sponsors and YOU. How
can YOU make sure you continue to get news on Southern California's
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Join today at http://www.socaltech.com/Membership


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Safire Partners Executive Search

Safire Partners is a​ 15-person​​ Los
Angeles-based​ executive search firm built for SoCal​'s
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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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Please visit us at http://www.binarypulse.com to learn more or give us a
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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


Advertisement

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
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it to provide the highest quality representation while maintaining the
responsiveness and relationships commonly associated with smaller firms.


Advertisement

RECURRING REVENUE CONFERENCE - April 26 - Marina Del Rey

Today's analytical insights, coupled with disciplined tactics are enabling
companies to deepen their customer relationships in unparalleled ways.
Whether you are a SaaS or subscription business, or if customer retention
is critical for your success, the RECURRING REVENUE CONFERENCE is the
event to learn from the tech pioneers.

Over 30 speakers from companies such as: ZipRecruiter, Zoom, Ring
Central, Yapstone, Tinder, HopSkipDrive, Snack Nation, Wavemaker Ventures,
and more.

Panel discussions include: Scaling a Subscription Business; Lessons
Learned from Two Unicorn Companies; Fuel for your Growing Business, and
many more.

April 26, 2017 . 9:30am-5:30pm. Cocktail reception: 5:30-7:30pm
Marina Del Rey Marriott.

http://www.recurringrevenueconference.com

Register at: https://rrc2017.eventbrite.com and enter promo code:
SoCalTECH100off for a $100 discount on the ticket price. Limited time
only available until 4/17. This event will sell out.

Questions? Contact: Nancy Hammerman at: nh@suttoncapitalpartners.com


Thursday, April 20, 2017

ESRI's Dangermond Backs GIS Data Startup SafeGraph

Thursday, April 20, 2017

Jack Dangermond, the founder of Redlands-based Esri, is one of the angels which has backed San Francisco-based geospatial intelligence data company SafeGraph. SafeGraph, which says it is collectiong geospatial intelligence data for use in machine learning, said it raised $16M in a Series A funding this week, from IDG Ventures USA, plus a long list of over 100 angels, which included Dangermond, Peter Thiel, Adam D'Angelo, Romesh Wadhwani, Eric Cantor, KT zu Guttenberg, Prince Turki Al Saud, Barry Sternlicht, Pete Briger, Naval Ravikant, and Nicolas Berggruen. The company says it wants to help "answer humanity's biggest questions" using a "ground truth dataset" initially focused on "human movement". SafeGraph, which is led by Auren Hoffman, has not disclosed what it's product is about; Dangermond and ESRI helped create the modern geographical information system (GIS) industry; ESRI started developing GIS systems in 1969.

 
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More information » (Subscribers only)

Xirrus Acquired By Riverbed

Thursday, April 20, 2017

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed, to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. Riverbed said it will continue to offer up Xirrus as a stand-alone enterprise WLAN solution. Xirrus makes high density wireless access points, which were specifically aimed at corporate campuses and other environments with a large number of wireless users. The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers. The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005. Xirrus had raised funding from August Capital, Canaan Partners, Interwest Partners, QuestMark Partners, and US Venture Partners, although the company has been mum on recent funding; it's unclear what the equity structure of the firm was as of the acquisition. Xirrus appears to be one of the last companies to be acquired from the boom of high speed networking hardware along the 101 Corridor starting in the late 90's; earlier this month, Ixia was acquired by Keysight Technologies, and last year, Vitesse Semiconductor was acquired by Microsemi....

 
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Procore Opens New Office In Australia

Thursday, April 20, 2017

Carpinteria-based Procore, the developer of construction software which is one of Southern California's unicorns, has expanded in Australia, the company announced today. According to Procore, it has opened up an office in Sydney, in response to strong demand from local clients and other businesses across the construction industry. The company says it already has more than 100 Australian clients. The company said it moved a group of Procore employees in Carpinteria to open up the new office, and is now hiring locally. There's a fair amount of cross Pacific trade between Australia and Southern California; Cylance recently opened an office in Australia, Chrome River also opened up an office in Sydney last year, and there have been a large number of Australian startups who have set up offices in the region in recent years.

 
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