*socaltech.com <http://socaltech.com> TechNews - Wednesday, March 25, 2020* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------
*Sponsored By * Pacific Western Bank, Venture Banking Group (http://www.pacwest.com/lending-solutions/venture-lending) Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Catasys Sees Surge In Telehealth Enrollment Due To Pandemic <#0079675> - AWM Smart Shelf Launches Automated Market In OC <#0079674> - Report: News/Talk Streaming Audio Grows Due To COVID-19 <#0079673> - Green Dot Names New CEO <#0079672> - SpaceX Employee, Healthcare Contractor Both Test Positive For COVID-19 <#0079671> - Design Therapeutics Finds $45M <#0079670> *Marketplace* - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#ad596> - Stubbs Alderton & Markiles Preccelerator <#ad694> - Pacific Western Bank, Venture Banking Group <#ad749> - BDO - Southern California Technology Industry Team <#ad737> - UK Government's Department for International Trade (DIT) <#ad756> *Wednesday, March 25, 2020* *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>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. *Catasys Sees Surge In Telehealth Enrollment Due To Pandemic* <http://www.socaltech.com/fullstory/0079675.html> Santa Monica-based Catasys, a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. According to the company, it is surpassing a weekly rate of 500 member enrollments for the month of March for its OnTrak programs. The company says it historically sees approximately $6,500 net revenue per enrolled member. (More... <http://www.socaltech.com/fullstory/0079675.html>) *AWM Smart Shelf Launches Automated Market In OC* <http://www.socaltech.com/fullstory/0079674.html> Santa Ana-based AWM Smart Shelf (Adroit Worldwide Media), which develops computer vision and machine learning technology, says it has opened up its very first "autonomous micromarket" in Santa Ana, which lets residents of the Nineteen01 luxury apartment community shop for sodas, water, juice, food, and more--all without the need for a clerk. (More... <http://www.socaltech.com/fullstory/0079674.html>) *Report: News/Talk Streaming Audio Grows Due To COVID-19* <http://www.socaltech.com/fullstory/0079673.html> Los Angeles-based Triton Digital, which provides technology to help the digital audio and podcasting industry with streaming and advertising, says that news and talk format streaming is growing as a result of the ongoing disruption due to COVID-19. According to Triton Digital, it saw a 14 percent increase in the share of streaming attributable to News/Talk formatted radio station, on both AM/FM streaming and station formats. ( More... <http://www.socaltech.com/fullstory/0079673.html>) *Green Dot Names New CEO* <http://www.socaltech.com/fullstory/0079672.html> Pasadena-based Green Dot Corporation, the provider of banking services--which is best known for its prepaid debit cards--said it has named Dan Henry as the company's Chief Executive Officer. Henry also will join the company's board. Henry was previously CEO of Netspend, another provider of prepaid debit cards, where he was until 2014; Henry had also been involved in Netspend's IPO in 2010. Henry also was the co-founder of Euronet Worldwide, is chairman of Paysign Inc. (More... <http://www.socaltech.com/fullstory/0079672.html>) *SpaceX Employee, Healthcare Contractor Both Test Positive For COVID-19* <http://www.socaltech.com/fullstory/0079671.html> An employee of Hawthorne-based SpaceX, as well as an on-site health care provider at the SpaceX headquarters, have tested positive for COVID-19, sending a number of employees into quarantine, according to a report from CNBC. Accordnig to CNBC, SpaceX is asking the employees it sent home to remain in quarantine for 14 days. The on-site health care provider, One Medical, reportedly is asking all of its healthcare providers showing symptoms to stay home and get tested immediately. (More... <http://www.socaltech.com/fullstory/0079671.html>) *Design Therapeutics Finds $45M* <http://www.socaltech.com/fullstory/0079670.html> San Diego-based Design Therapeutics, which is developing therapies for patients with serious degenerative disorders caused by nucleotide repeat expansions, has raised $45M in a Series A financing round. The round was led by SR One, and also included Cormorant Asset Management, Quan Capital and WestRiver Group. (More... <http://www.socaltech.com/fullstory/0079670.html>) *Early Stage Commercial Insurance - Pacific Unified Insurance Agency < johnhuttin...@pacificunified.com>* 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. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 johnhuttin...@pacificunified.com *Stubbs Alderton & Markiles Preccelerator <http://stubbsalderton.com/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. http://stubbsalderton.com/preccelerator/ *Pacific Western Bank, Venture Banking Group <http://www.pacwest.com/lending-solutions/venture-lending>* Pacific Western Bank is a commercial bank with over $26 billion in assets and 76 branches primarily located in California, with one in Denver, Colorado and another in Durham, North Carolina. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors. We also offer Community Banking and National Lending services. For more information about the Venture Banking Group, visit www.pacwest.com/lending-solutions/venture-lending, or send an email to Brian Weber at bwe...@pacwest.com *BDO - Southern California Technology Industry Team <http://www.bdo.com>* BDO USA, LLP is a professional services firm providing assurance, tax, and advisory services to publicly traded and privately held companies through more than 60 offices domestically and 160 countries globally. Our Southern California technology industry team professionals have deep experience helping online, software, hardware, and cleantech businesses in the local ecosystem to navigate the many issues affecting their businesses and to help them meet their larger strategic goals. Our team provides a wide range of guidance in the key issues effecting technology companies including, M&A advisory, initial public offerings, tax planning and consulting, intellectual property agreements, financial reporting and regulatory compliance matters. For more information, please contact our LA Technology leaders Anthony Ferguson, Tim Clackett, and Kris Kaufmann at lat...@bdo.com. http://www.bdo.com *UK Government's Department for International Trade (DIT) <https://www.events.great.gov.uk/ehome/200195057>* The UK is one of the world's fastest-growing tech hubs with more than 60,000 tech companies, 30 industry clusters, and over $14 billion in investment over the last five years. The UK Government's Department for International Trade (DIT) team provides local 1:1 support to companies expanding internationally, helping de-risk market entry with free support services. DIT can provide tailored set-up information, including market research, legal and accounting introductions, recruitment support, policy insight, and partnership-building opportunities. As the #1 destination in Europe for inward investment and tech talent, and home to more fast-growth companies than any other European country, the UK has a lot to offer to US companies. We work with all companies, from start-ups/scale-ups through to the Fortune 500. To find out more about "Why UK," and to work with DIT's LA team, contact us at: https://www.events.great.gov.uk/ehome/200195057 ------------------------------ *Recent Funding <#funding>* 3/20/20 Robin Games <http://www.socaltech.com/intelligence/?action=showdeal&id=99861> Venice $7.00 M 3/03/20 TaleSpin LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99860> Culver City $15.00 M 2/27/20 Dray Alliance <http://www.socaltech.com/intelligence/?action=showdeal&id=99854> Lakewood $10.20 M 2/26/20 Flock Freight <http://www.socaltech.com/intelligence/?action=showdeal&id=99853> Solana beach $50.00 M 2/21/20 Brace <http://www.socaltech.com/intelligence/?action=showdeal&id=99803> Santa Monica $10.00 M 2/20/20 Cloudbreak Health, LLC <http://www.socaltech.com/intelligence/?action=showdeal&id=99732> El Segundo $10.00 M 2/20/20 SmartBug Media <http://www.socaltech.com/intelligence/?action=showdeal&id=99733> Irvine $0.00 M 2/20/20 Liquid Death <http://www.socaltech.com/intelligence/?action=showdeal&id=99802> Santa Monica $9.00 M 2/19/20 Digital Motors <http://www.socaltech.com/intelligence/?action=showdeal&id=99731> Irvine $0.00 M 2/18/20 Open Raven <http://www.socaltech.com/intelligence/?action=showdeal&id=99721> Marina Del Rey $4.10 M 2/13/20 GumGum <http://www.socaltech.com/intelligence/?action=showdeal&id=99720> Santa Monica $22.00 M 2/13/20 Seqster <http://www.socaltech.com/intelligence/?action=showdeal&id=99719> San Diego $0.00 M 2/12/20 HEADSPACE, INC. <http://www.socaltech.com/intelligence/?action=showdeal&id=99703> Santa Monica $53.00 M 2/10/20 JenaValve Technology Inc <http://www.socaltech.com/intelligence/?action=showdeal&id=99680> Irvine $50.00 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG Email b...@socaltech.com for more information about sponsoring this newsletter. ------------------------------ You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/mailman/listinfo/socaltech or email us at customerserv...@socaltech.com ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2017 SOCALTECH LLC. 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