Thursday, March 9, 2017
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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=

Snap Opens Bricks And Mortar Spectacles Shop In Venice
Los Angeles-based Snap, Inc. has opened up its second, bricks-and-mortar store selling its Spectacles sunglasses, just down the street from its Venice headquarters. The store opened at 1pm on Thursday, closing "at Sunset", with regular hours of 11am to Sunset every day. Snap's Spectacles allow Snapchat users to record short snippets of video, and automatically post them to their account. The company has one other, bricks-and-mortar location, in New York City. Snap, the parent company of Snapchat (More info...)

posted on Thursday, March 9, 2017(Full story)


AeroVironment Wins EV Charger Deal with Volvo
Monrovia, California-based AeroVironment has been selected by auto manufacturer Volvo Cars, to develop a custom electric vehicle (EV) charging station, the company announced on Thursday. According to AeroVironment, it will develop a custom, global EV charging station for Volvo, to support Volvo's customers in Europe, China, and North America. Financial details of the deal were not announced. AeroVironment said its charging station for Volvo will allow drivers to charge their vehicles up to three (More info...)

posted on Thursday, March 9, 2017(Full story)


LA's Olympic Effort Seeks To Tap Into City's Technology Sector To Reach Youth
Is the key to winning the spot as host of the 2024 Summer Olympics the company's growing technology sector? In a panel on Thursday, LA 2024's Gene Sykes, the head of LA's efforts to win the Olympic Games, says that tapping into LA's growing technology sector is key to helping the Olympics reach the youth market. Sykes, at a panel at the Montgomery Summit in Santa Monica, said that LA's technology industry could be key to helping to attract more youth to sports. Sykes, along with David Hill of Hi (More info...)

posted on Thursday, March 9, 2017(Full story)


Interview With Paul Myer, Veracity: Why The Industrial Internet Needs Security

In an age where topics like Russian hacking, CIA hacking tools and the stability of the power grid and industrial networks has suddenly become important, there are only a few companies tackling industrial network security directly. One of those is Aliso Viejo-based Veracity Industrial Networks (www.veracitysi.com), led by CEO Paul Myer. Paul sat down with us last week to talk about industrial networks, network security, and why suddenly those systems--used for manufacturing, the power grid, oi (More info...)


posted on Thursday, March 9, 2017(Full story)


Local Roots Shows Off Mobile, Indoor Farming Technology
Los Angeles-based Local Roots Farms, a startup located at the Los Angeles Cleantech Incubator (LACI), says it is showing off a traveling, indoor farm at SXSW, which showcases its hydroponic technology. Local Roots said its farm is built inside a 40 foot shipping container, which is designed to grow leafy greens equal to five acres of land, with up to 99 percent less water than conventional agriculture, and without the use of pesticides and herbicides. Local Roots says it is developing technology (More info...)

posted on Thursday, March 9, 2017(Full story)


Daylight Solutions Acquired For $150M
San Diego-based Daylight Solutions, a developer of lasers used in scientific research, life sciences, industrial process control, and defense, has been acquired for $150M by Leonardo S.p.A., the companies announced this morning. According to the two, Leonardo S.p.A. is acquiring Daylight through its U.S. subsidiary, Leonardo DRS, and will become one of eight lines of business run by Leonardo DRS. The two said that Daylight Solutions will remain in San Diego under current management. Daylight Sol (More info...)

posted on Thursday, March 9, 2017(Full story)


Cynvenio Launches New Cancer Testing Service
Westlake Village-based Cynvenio announced this morning that it has launched a new cancer testing service, the ClearID Total Insight Breast Cancer, to monitor breast cancer patients. According to Cynvenio, the liquid biopsy monitoring service is aimed at patients in treatment and survivors in remission, and is designed to measure immune health status and detect genetic mutations associated with cancer. The company said 12 months of monitoring in the new service costs less than a single DNA sequen (More info...)

posted on Thursday, March 9, 2017(Full story)


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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 (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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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!

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