Monday, April 15, 2019
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. 805-230-1350

Rael Rolls Out At Target
Los Angeles-based Rael, a venture-backed startup which provides natural and organic feminine care products, says its products are now on the shelf at Target. According to Rael, its products--which include cotton pads, pantyliners, and feminine wash--will be available both at Target's 1,850 physical stores, as well as online. Rael is backed by $17.5M in funding from such investors as SoftBank Ventures Korea and Thrive Market Ventures. The company's co-founders, all women, are Aness An, Yanghee Pa (More info...)

posted on Monday, April 15, 2019(Full story)

SpaceX Falcon Heavy Core Lost To Heavy Seas
The core of the Falcon Heavy rocket--which was successfully landed on a drone ship last week, in the first commercial Falcon Heavy launch by Hawthorne, California-based SpaceX, has been lost in the Atlantic, according to SpaceX. Apparently, the Falcon Heavy's center core was lost due to eight to ten foot swells in the oceans off Cape Canaveral. SpaceX had landed the center core at sea, and two booster rockets on land in its launch of the Arabsat-6A high capacity telecommunications satellite.

posted on Monday, April 15, 2019(Full story)

Hulu Buys Back Stake From AT&T
Los Angeles-based streaming television service Hulu and AT&T said on Monday that Hulu has acquired AT&T's 9.5 percent stake in the company, worth $1.43 billion. AT&T and Hulu said the deal values Hulu at $15 billion. Hulu did not say what the source of financing was for the deal. AT&T had been a shareholder in Hulu for the past two years as a minority share owner, via its acquisition of Time Warner. The announcement of the deal between Hulu and AT&T were not a surprise; AT&T has reportedly been (More info...)

posted on Monday, April 15, 2019(Full story)

Report: Clearlake Capital Seeks To Sell Perforce
Santa Monica-based private equity investor Clearlake Capital is hoping to sell one of its portfolio companies, Perforce Software, for around $2 billion, according to a report from Bloomberg over the weekend. Perforce has been owned by Clearlake Capital since January of 2018. Perforce is a developer of source control software, which is used by software engineering teams to manage software source code and software releases. Clearlake Capital had acquired Perforce from another, private equity inve (More info...)

posted on Monday, April 15, 2019(Full story)

Interview with Wheels, Josh Viner and Marco McCottry

Is there room in the last-mile transportation industry for another player, and what are some of the issues that need to be solved to make industry a success? San Diego-based Wheels ( was co-founded by Jon and Josh Viner, who were the co-founders of Wag, where they raised nearly $400M in venture capital. We caught up with Josh Viner, who serves as CEO, and Marco McCottry, the company's COO, who most recently ran North American operations at Bird, and also managed Uber's midwe (More info...)

posted on Monday, April 15, 2019(Full story)

Stratolaunch Takes To Skies For Maiden Flight
Mojave-based Stratolaunch Systems Corporation, the developer of space launch systems which were founded by now deceased Microsoft co-founder Paul G. Allen, has successfully launched the world's largest plane--the Stratolaunch--in its maiden flight, the first step of getting its mid-air rocket launch system into operation. Stratolaunch took off on Saturday, April 13th, at 6:58am from the Mojave Air & Space Port, and successfully reached altitudes of up to 17,000 feet and speeds of up to 189 miles (More info...)

posted on Monday, April 15, 2019(Full story)

CalAmp Acquires Synovia Solutions For $50M
Irvine-based CalAmp, a provider of fleet tracking services, announced this morning that it has acquired Synovia Solutions, a company that operates in the fleet safety and management business for the K-12 school bus and state and local government fleet market, in a move to boost its software-as-a-service revenue. According to CalAmp, it paid approximately $50M in cash for Synovia Solutions, which it says will help it "accelerate" its pivot to the subscription services business, and away from its (More info...)

posted on Monday, April 15, 2019(Full story)

Clubspeed Acquired By Private Equity Investor Nadavon
Corona, California-based Clubspeed, which develops software used to manage go karting tracks, race tracks, trampoline parks, and family entertainment centers, has been acquired by private equity investor Nadavon Capital Partners, the two said over the weekend. Financial terms of the deal were not announced. According to the two, Nadavon Capital Partners acquires a majority stake in Clubspeed, and has appointed Nadavon CEO Rmir Bosu as the CEO of Clubspeed. Nadavon is based in Newport Beach. Acco (More info...)

posted on Monday, April 15, 2019(Full story)

Corent Wins MapR Technologies
Aliso Viejo-based Corent Technologies, which develops cloud migration software, and AI and data analytics software developer MapR Technologies said this morning that MapR Technologies has selected Corent's SurPaaS platform to help customers access MapR's Data Platform for AI. Financial details of the deal were not announced. MapR said the use of Corent's software will allow it to better monitor, analyze, and serve its customers, enabling subscription based, flexible, or dynamic pricing models to (More info...)

posted on Monday, April 15, 2019(Full story)

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
strategies for their insurance and risk management programs. We
provide guidance and strategic planning during various phases and also
advise regarding employee benefit structures to assist in employee
recruiting and retention. Coverage placements include D&O, Property,
Liability, Workers Comp, E&O, Cyber/Network Security and Employee
Benefit Programs.


John Huttinger, CIC, CRM
Vice President
Ph#310-370-5000 Ext 3025 w Fx 310-370-5454

Stradling, Attorneys At Law (

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.

Square 1 Bank - Brian Weber
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, or send an email to
Brian Weber at

Stubbs Alderton & Markiles Preccelerator
Accelerating Growth for Early Stage Innovation

The Preccelerator® Program is a platform offered to select start-up companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides interim office space, sophisticated legal services, mentorship and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. The Preccelerator® Program provides these benefits to as many as 10 promising young startups in separate growth tracks.

Recurring Revenue Conference - April 30 to May 1st - Marina Del Rey
Welcome to the 5th annual Recurring Revenue Conference: Scaling SaaS & Subscription Businesses presented by Sutton Capital

Join 700+ entrepreneurs, executives and leading investors to discuss the Subscription Economy. Hear from companies including Zenefits, Mavenlink, Dollar Shave Club, ipsy, Sage Intacct, ProfitWell, Headspace, Winc and many more.

Attend the pre-conference workshop on April 30, 1-5pm followed by Happy Hour. Real tactics and actionable takeaways.

Interested in Sponsorship or exhibiting? Contact: Nancy Hammerman

Register today! Use Promo Code: SoCalTECH to get 20% discount. Tickets and info:

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