Tuesday, October 18, 2016
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

Evercar Shuts Down, Suspends Services
Los Angeles-based Evercar has quietly shut down its service, and no longer is offering up its on-demand, car sharing services. On a notice on the company's website, the company said its last day was October 10th, and that it has suspended all member accounts. The company said that it processed its last remaining invoices on October 13th. The company said, in a notice posted on its website, that "due to unforeseen circumstances, we will not be able to deliver that service in the near term." Everc (More info...)

posted on Tuesday, October 18, 2016(Full story)

NEOGOV Snags Funding From Warburg Pincus
El Segundo-based NEOGOV, the developer of human resources automation software for the public sector, has raised a round of growth equity from private equity investor Warburg Pincus. Size of the investment round was not announced. NEOGOV, which is led by Damir Davidovic, was founded in 2000, and has not previously received institutional funding. The company's software-as-a-service products are used to manage recruitment, onboarding, and performance evaluation for government agencies. The company (More info...)

posted on Tuesday, October 18, 2016(Full story)

Heal Finds $26.9M More In Funding To Expand Access To On-Demand Doctors
Santa Monica-based Heal, the on-demand doctor's house call startup, said this morningg that it has raised $26.9M in a Series A funding. The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), David Ellison (Skydance Media), Hashtag One, and Slow Ventures. Heal says it has now raised $40M in total funding. Heal lets users request in-home, on demand visits from doctors, who the startup says can do anything a patient might require in a traditional do (More info...)

posted on Tuesday, October 18, 2016(Full story)

Sofinnova, With Offices In San Diego, Lands $650M For Biotech Investments
Biotech venture capital investor Sofinnova, which has offices in San Diego, announced that it has raised $650M in its newest fund, Sofinnova Venture Partners X. The firm said it closed the fund at its hard cap of $650M, after exceeding its initial funding target of $550M. Sofinnova says it invests in biotechnology companies that are developing drugs that address high unmet medical needs and improve the lives of patients. The new fund will invest primarily in mid and later stage investments, with (More info...)

posted on Tuesday, October 18, 2016(Full story)

Science 37 Raises $31M For Clinical Trial Platform
Los Angeles-based Science 37, a startup developing a technology platform aimed at enabling clinical trials, said this morning that it has raised $31M in a Series B financing round. The funding was led by Redmile Group, and also included Lux Capital, dRx Capital, and Sanofi Genzyme BioVentures. As part of the funding, Rob Faulkner of Redmile joins the company's board. Science 37 is led by Noah Craft, M.D., Ph.D. The company says it has developed a platform which allows companies to extend clinica (More info...)

posted on Tuesday, October 18, 2016 (More)(Full story)

Comcast Ventures Sets Up Shop In Santa Monica
Comcast Ventures, the venture capital arm of Comcast Corporation, announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive-in-Residence at Warburg Pincus, and also was founder and CEO of Hatch Labs. According to Comcast, Moorjani helped co-found Tinder out of Hatch Labs, and also has served at IAC/InteractiveCorp and Samsung Electronics. Moorjani also serves as adjunct professor (More info...)

posted on Tuesday, October 18, 2016(Full story)

KLiP Launches Weatherproof Case For Raspberry Pi, Arduino
Santa Barbara-based startup KLiP Industries said this morning that it has launched its first product, a weatherproof case for the popular Raspberry Pi, Arduino, and BeagleBone embedded computers. According to KLiP, it has developed a weatherproof, IP67 rated enclosure system which can handle the RPi or other single board computers, as well as two additional expansion boards and shields, and is intended to support deployment of IoT solutions into the real world. The new, weatherproof boxes includ (More info...)

posted on Tuesday, October 18, 2016(Full story)

Enevate Names CFO
Irvine-based Enevate, which is developing advanced Lithium-ion batteries, said this morning that it has named Sameer V. Rao as its new Chief Financial Officer. Rao was previously at MaxLinear, serving as an executive in the finance area, and also has served at Broadcom and PRTM. He got his start in the engineering side of the business at Rockwell International and Conexant Systems, according to Enevate. Enevate is venture backed by Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infini (More info...)

posted on Tuesday, October 18, 2016(Full story)

Social Reality Sets Kathy Ireland As Branding Advisor
Los Angeles-based Internet advertising company Social Reality announced this morning that it has named Kathy Ireland as its new Chief Branding Advisor. According to the firm, Ireland will also help the company link with other executives in the media, entertainment and advertising industries to serve on an Advisory Board. Ireland is head of the lifestyle brand kathy ireland Worldwide, which Social Reality said had sales in the excess of $2.5 billion in 2012.

posted on Tuesday, October 18, 2016(Full story)

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 technology industry? By becoming a member of socaltech! Not only do you get to support our news coverage, but you also get access to our big database of Southern California companies, venture investors, service providers, and deal information, and many other resources. We are relying on YOU!

Join today at http://www.socaltech.com/Membership

TriNet - HR Services
TriNet is a leading provider of HR services that takes the stress out of daily HR distractions. Our HR bundled product includes payroll, human capital consulting, compliance laws, benefits, workers compensation and more. Our services are delivered by our expert team of HR professionals enabled by our cloud-based technology platform. We focus on our clients and their employees to streamline their HR transactions anytime and anywhere. Focus on your clients, while TriNet focuses on your HR. For more information, please visit http://www.trinet.com.

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.

Introducing KeyCloud
There’s no reason for business operations to suffer due to legacy technology. Throw it all to the cloud and transform your IT infrastructure to cloud-based, enterprise level software with KeyCloud.

KeyCloud offers local enterprise cloud with best-of-breed infrastructure. KeyCloud delivers compute, storage, and network through Infrastructure-as-a-Service (IaaS). KeyCloud offers highly secure virtual and dedicated machines in an environment that enables you to run your apps on our carrier grade datacenter for 99.999 percent uptime. Engineered on a pool of highly redundant servers and storage, KeyCloud is available in custom configurations to rapidly respond to your IT needs. These Cloud services will quickly and dynamically scale as your business needs grow without ever having to worry about hardware infrastructure again.

To learn more about KeyCloud, visit http://www.keycloud.com or call (818) 737-2186.

Stradling, Attorneys At Law (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.

Sponsored By


Recent Interviews

Browse Issues