*socaltech.com <http://socaltech.com> TechNews - Tuesday, December 18, 2018* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News ------------------------------
*Sponsored By * TVC Capital LLC (www.tvccapital.com) Investments and acquisitions of growing software companies. Silicon Valley Bank (http://www.svb.com). Make next happen now. Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. PricewaterhouseCoopers (http://www.socaltech.com/pwc). Key info (http://www.keyinfo.com) infrastructure ~ connectivity ~ co-location ~ cloud ------------------------------ *Headlines * - Erasca Picks Up $42M For Cancer Drugs <#m_-8790485231415689273_0076863> - TicketGuardian Finds $8M <#m_-8790485231415689273_0076859> - Blippar, Backed by Qualcomm Ventures, Calls It Quits <#m_-8790485231415689273_0076864> - Atom Tickets Launches Amazon Alexa Skill <#m_-8790485231415689273_0076860> - EVgo Expands Business Development Team <#m_-8790485231415689273_0076861> - EvoNexus Adds ecoATM's Genthert As Managing Director <#m_-8790485231415689273_0076862> - Disney And Robotic Toy Maker Sphero Go Separate Ways <#m_-8790485231415689273_0076858> - Hulu To Launch Programmatic Marketplace <#m_-8790485231415689273_0076856> - Devise Interactive Acquired By Vincit <#m_-8790485231415689273_0076849> *Marketplace* - Pixelgate.net - Internet Access, Web Hosting, Network Services <#m_-8790485231415689273_ad188> - Stubbs Alderton & Markiles Preccelerator <#m_-8790485231415689273_ad694> - Stradling <#m_-8790485231415689273_ad608> - Early Stage Commercial Insurance - Pacific Unified Insurance Agency <#m_-8790485231415689273_ad596> - Become a Socaltech Supporter! <#m_-8790485231415689273_ad724> *Tuesday, December 18, 2018* *SoCal IP Law Group LLP - Serving the IP Needs of Technology Innovators <http://www.socalip.com>* IP Litigation . IP Transactions . Patent & Trademark Prosecution . IP Strategy . Westlake Village . Santa Barbara . Irvine. [email protected] 805-230-1350 www.socalip.com *Erasca Picks Up $42M For Cancer Drugs* <http://www.socaltech.com/fullstory/0076863.html> San Diego-based Erasca, a biopharmaceuticals startup which says it intends to develop oncology drugs to not just treat, but cure, cancer, has raised $42M in a Series A funding round. The funding was led by City Hill Ventures and Cormorant Asset Management, along other, un-named institutional and individual investors. Erasca was founded by Jonathan E. Lim, M.D., who was most recently Chairman, president, CEO and co-founder of Ignyta, which he sold in February to Roche for $1.7 billion. (Funding Details <https://www.socaltech.com/intelligence/index.php?action=showco&id=59110>)( More... <http://www.socaltech.com/fullstory/0076863.html>) *TicketGuardian Finds $8M* <http://www.socaltech.com/fullstory/0076859.html> Newport Beach-based live events software and insurance products developer TicketGuardian has raised $8M in a Series A funding, according to the company, in a round led by American Family Ventures and IA Capital Group. The company said the new funding brings its total raised to $13M. TicketGuardian, led by CEO and founder Bryan Derbyshire, said the new funds will go towards its technology, products, and services it provides to event organizers. (More... <http://www.socaltech.com/fullstory/0076859.html>) *Blippar, Backed by Qualcomm Ventures, Calls It Quits* <http://www.socaltech.com/fullstory/0076864.html> UK-based augmented reality technology developer Blippar, which had been backed by Qualcomm Ventures, has gone into administration in the UK--their equivalent of bankruptcy--after failing to obtain new funding for the company. (More... <http://www.socaltech.com/fullstory/0076864.html>) *Atom Tickets Launches Amazon Alexa Skill* <http://www.socaltech.com/fullstory/0076860.html> Santa Monica-based movie ticketing site Atom Tickets has rolled out its own Amazon Alexa skill, letting Alexa users purchase tickets using Amazon's popular voice assistant. According to Atom Tickets, the new skill lets consumers hear what new movies are playing near them, and also allows users to purchase tickets through integration with Amazon Pay. (More... <http://www.socaltech.com/fullstory/0076860.html>) *EVgo Expands Business Development Team* <http://www.socaltech.com/fullstory/0076861.html> Los Angeles-based electric vehicle charging network operator EVgo has named two new executives to its business development team, the company said on Monday. According to the company, it has named Colin Murchie as Senior Director of Business Development, and Lars Peters as Director of Business Development. Murchie was previously in the solar energy industry, working at such companies as Sol Systems, SolarCity (now Tesla), SunEdison, and the Solar Energy Industries Association. (Funding Details <https://www.socaltech.com/intelligence/?action=showco&id=59109>)(More... <http://www.socaltech.com/fullstory/0076861.html>) *EvoNexus Adds ecoATM's Genthert As Managing Director* <http://www.socaltech.com/fullstory/0076862.html> EvoNexus, the non-profit startup technology incubator operator which has locations in both Irvine and San Diego, said today that it has added Bob Genthert, the co-founder of ecoATM, as a Managing Director at EvoNexus in Irvine. Genthert was a co-foudner of ecoATM, which was sold to Outerwall in 2013 for $350M. Genthert also has served at such companies as The Walt Disney Company, Disney Publishing Group, ESPN Magazine, The New Release, and Sky Mobilemedia. (More... <http://www.socaltech.com/fullstory/0076862.html>) *Disney And Robotic Toy Maker Sphero Go Separate Ways* <http://www.socaltech.com/fullstory/0076858.html> Watch out robotic toy fans -- Burbank-based Walt Disney and robotic toy maker Sphero have apparently agreed to go their separate ways, meaning the end of the robotic version of Disney's BB-8 and R2-D2, as well as Lightning McQueen and Spider Man. According to Sphero it will discontinue its popular Disney licensed products, due to the declining popularity of those toys. ( More... <http://www.socaltech.com/fullstory/0076858.html>) *Hulu To Launch Programmatic Marketplace* <http://www.socaltech.com/fullstory/0076856.html> Los Angeles-based streaming television provider *Hulu <http://www.hulu.com>* is launching its own, private programmatic advertising marketplace <https://adage.com/article/media/hulu-introduces-programmatic-marketplace/315927/>, which will make all of its live and on-demand TV inventory available to advertisers, according to a report. The programmatic marketplace is set to launch on January 1st.(More... <http://www.socaltech.com/fullstory/0076856.html>) *Devise Interactive Acquired By Vincit* <http://www.socaltech.com/fullstory/0076849.html> Irvine-based *Devise Interactive*, an interactive agency providing web design and other services, said today that it has been acquired by *Vincit <http://www.vincit.com>*, a publicly traded company based in Finland. Financial terms of the acquisition were not announced. Vincit provides UI/UX and software development services. Vincit's California operators are led by Ville Houttu.(More... <http://www.socaltech.com/fullstory/0076849.html>) *Pixelgate.net - Internet Access, Web Hosting, Network Services <http://www.pixelgate.net>* We put the "Service" back into Internet Service Provider. http://www.pixelgate.net *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/ *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law (<a 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. *Early Stage Commercial Insurance - Pacific Unified Insurance Agency <[email protected]>* 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 [email protected] *Become a Socaltech Supporter!* Interested in letting Southern California's high tech community know you are here for them? Want to reach Southern California's movers and shakers? Become a SPONSOR or SOCALTECH SUPPORTER! Our sponsors and supporters are featured on our website, and online service provider directory, as well as in our newsletter multiple times per week. It's a great way to both get the word out about your services, as well as support our news coverage of local companies across the tech industry! Contact [email protected] for details. ------------------------------ *Recent Funding <#m_-8790485231415689273_funding>* 12/13/18 Vyng <http://www.socaltech.com/intelligence/?action=showdeal&id=94563> Los Angeles $4.00 M 12/13/18 Procore Technologies <http://www.socaltech.com/intelligence/?action=showdeal&id=94564> Carpinteria $75.00 M 12/13/18 Akero Therapeutics <http://www.socaltech.com/intelligence/?action=showdeal&id=94565> South San Francisco $70.00 M 12/11/18 Jaanuu <http://www.socaltech.com/intelligence/?action=showdeal&id=94561> El Segundo $15.00 M 12/10/18 AlphaTrAi <http://www.socaltech.com/intelligence/?action=showdeal&id=94532> Los Angeles $0.00 M 12/06/18 WhiteFox Drone Defense <http://www.socaltech.com/intelligence/?action=showdeal&id=94518> San Luis Obispo $12.00 M 12/04/18 Freeletics <http://www.socaltech.com/intelligence/?action=showdeal&id=94355> Los Angeles $45.00 M 11/30/18 Viacyte <http://www.socaltech.com/intelligence/?action=showdeal&id=94286> San Diego $80.00 M 11/21/18 PlayVS <http://www.socaltech.com/intelligence/?action=showdeal&id=94252> Santa Monica $30.50 M 11/07/18 Mirium Pharmaceuticals <http://www.socaltech.com/intelligence/?action=showdeal&id=94247> San Diego $120.00 M 11/06/18 Engineer.ai <http://www.socaltech.com/intelligence/?action=showdeal&id=94246> Los Angeles $29.50 M 11/02/18 Syntiant <http://www.socaltech.com/intelligence/?action=showdeal&id=94171> Irvine $25.00 M 11/01/18 RingDNA, Inc. <http://www.socaltech.com/intelligence/?action=showdeal&id=94170> Sherman Oaks $10.00 M 11/01/18 Imbellus <http://www.socaltech.com/intelligence/?action=showdeal&id=94168> Los Angeles $14.50 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html December 19, Westlake Village -- *2018 ACG 101 Holiday Reception and Spark of Love Toy Drive* 2018 ACG 101 Holiday Reception and Spark of Love Toy Drive. 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